Builder-developer ALAND has drawn back the curtain on its first city-focused new apartment development.

The North Sydney development, <a href="https://www.apartments.com.au/new-apartments/the-walden-north-sydney-173-179-walker-street-north-sydney-nsw-2060">The Walden</a>, is the first time the company has ventured this close to the city, having previously completed thousands of apartments predominantly in Sydney's west, and more recently in Gosford.

<a href="https://www.apartments.com.au/developers/aland">ALAND</a> acquired the prime North Sydney site, spanning Walker and Hampden Streets just down the road from the Victoria Cross Metro station, for $240 million in June.

Now they've unveiled the new project, a mix of one-, two-, three- and four-bedroom apartments across a 30-level building designed by Rothelowman.

[smartcode_project:default project_id=134323 project_image_fid=6384]

The Walden will capitalise on the site’s front-row position on the eastern fringe of the <a href="https://www.apartments.com.au/developments/north-sydney-nsw-2060">North Sydney</a> CBD, which offers uninterrupted Sydney Harbour views stretching from the Sydney Harbour Bridge all the way to Sydney Heads.

The main tower will be flanked by a small four-level amenity building known as The Pavilion, offering exclusive resident-only amenities including a dedicated concierge service, a sauna and private wellness studio, a gymnasium and fitness studio, a resort-style rooftop pool and sundeck.

There will also be a&nbsp;residents’ lounge, private dining and a wine cellar, and co-working facilities with an on-site meeting room and boardroom.

&nbsp;

&nbsp;

[smartcode_project:default project_id=134323 project_image_fid=6382]

ALAND Founder Andrew Hrsto said the company knew they could create something "iconic" with The Walden when they saw the site.

&nbsp;

“As a company, we had been searching for a site in one of Sydney’s blue-chip locations, spanning the Eastern Suburbs, the Sydney CBD and the North Shore, and when we had the opportunity to purchase this site, we immediately recognised that it could be something iconic – being the last development with a view offering this exceptional.

“We identified the attributes and quality of the site as being perfectly aligned for ALAND – and we feel that this off-market acquisition is a perfect opportunity to showcase our craftmanship and expertise through a truly unique offering."

[smartcode_project:default project_id=134323 project_image_fid=6399]

Hrsto pointed to ALAND’s longstanding development expertise as a significant benefit in delivering a positive outcome for The Walden.

“Being a fully integrated development and construction business with a highly experienced team, we have the benefit of in-house experts across the development spectrum, from acquisitions, design, planning, and construction, to sales, marketing, property management, through to building management.

“As one of Australia’s largest private development and construction groups, we’ve been in operation for 23 years, with a Gold Star iCIRT rating and a 100 per cent delivery success rate across numerous masterplanned and mixed-use projects – and we’re very much looking forward to bringing this expertise to The Walden and contributing to the ongoing revitalisation of North Sydney."

The Walden is the latest development in Sydney to have the 10-year Latent Defects Insurance policy by Resilience Insurance, protecting buyers from any structural or waterproofing-related issues for 10 years post-completion.&nbsp;

Demolition of existing structures on The Walden site has already commenced through specialist civil contractor Moits, with the aim of completing preparatory ground works by the end of 2025, ahead of construction commencement in early 2026.

[smartcode_project_cta:default project_id=134323]

Joel Robinson

ALAND unveils The Walden, North Sydney's latest luxury apartment development

<a href="https://www.apartments.com.au/developers/toga-group">TOGA</a> has opened sales for the final building in Macquarie Rise, its latest mixed-use development in Macquarie Park.

Since launching its <a href="https://www.apartments.com.au/new-apartments/macquarie-rise-122-herring-road-macquarie-park-nsw-2113">Macquarie Rise</a> in late 2023, TOGA has secured over 125 sales in the Herring Road development, to a range of purchasers, from first home buyers to investors and downsizers. Around 65 per cent of purchasers have been owner-occupiers.

TOGA has now launched a new release of one-, two-, and three-bedroom apartments in the final building, Saunders Rise. Many of the apartments feature multi-purpose rooms and offer views of the surrounding greenery. Also part of the release is a series of&nbsp;sub penthouses housed on the upper floors.

[smartcode_project:default project_id=89243 project_image_fid=242696]

&nbsp;

“We’re delighted with the ongoing strong interest in our Macquarie Rise development, which is testament to the need for premium housing in this much-loved Sydney suburb,"&nbsp;Allan Vidor AM, Managing Director at TOGA, said.

"We’re proud to be able to offer buyers a unique product that includes luxury amenities, spacious living areas and flexible layouts, designed to suit all kinds of buyers, from young professionals to families and investors.

“We have long been advocates of Macquarie Park, and once Macquarie Rise is complete, TOGA will have built 1,000 apartments in the area, delivering much needed homes within a thriving precinct. It’s great to see the area become renowned for high-quality apartments, proximity to amenities and green spaces."

TOGA, one of Australia’s few Gold Star iCIRT rated developers, is also handling construction of Macquarie Rise. They are on track to complete the building in 2027.

[smartcode_project:default project_id=89243 project_image_fid=310789]

Macquarie Rise boasts a prime location, placing residents within immediate reach of Macquarie Centre, Macquarie University, and the newly completed Macquarie University Metro, connecting to the Sydney CBD is just over 20 minutes.

&nbsp;

Macquarie Rise residents also have access to Club Rise, an exclusive, residents only lounge designed by luxury hotel designers Stack Studio, offering an abundance of work and break-out areas, a Pilates studio, a gym, and a karaoke room. As well as these premium amenities Macquarie Rise will also feature an impressive podium top 20m lap pool.

[smartcode_project:default project_id=89243 project_image_fid=242695]

“Offering luxury, spacious apartments in a vibrant and well-connected neighbourhood, it’s no surprise that Macquarie Rise remains popular with a range of buyers," said TOGA's General Manager of Sales, Anthony Falas.&nbsp;

"With interest rates tracking downwards, we expect the final apartments to continue to receive high levels of interest.”

Located at 122 Herring Road, Macquarie Park, the development will be delivered in partnership with Baptist Union NSW and Morling College with a value of over $400 million.

&nbsp;

[smartcode_project_cta:default project_id=89243]

TOGA launches final stage apartments in Macquarie Rise

Southern Cross Station anchors the western end of <a href="https://www.apartments.com.au/developments/melbourne-vic-3000">Melbourne</a>’s CBD, connecting metropolitan and regional rail with tram and bus interchanges in one of the city’s busiest transport corridors.&nbsp;

Just metres away, <a href="https://www.apartments.com.au/new-apartments/640-bourke-street-melbourne-640-bourke-street-melbourne-vic-3000">640 Bourke Street</a>&nbsp;will place residents in the heart of the city, with immediate access to Spencer Street trams, a growing mix of retail, hospitality and cultural venues, and a neighbourhood evolving into a lively residential precinct.

Developed by <a href="https://www.apartments.com.au/developers/far-east-consortium">Far East Consortium</a>, the 68-level project integrates a sculptural glass tower with the heritage-listed Eliza Tinsley Building on a 2,765 sqm Bourke St site.&nbsp;

[smartcode_project:default project_id=509 project_image_fid=335425]

Designed by <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a>, the development replaces a previously approved scheme for 813 apartments with a refined offering of just over 600 larger-format residences, responding to a growing owner-occupier demand for spacious city living.

The location sits within a dynamic pocket undergoing significant transformation. Marvel Stadium and the Docklands waterfront are less than 10 minutes away on foot, offering both sports and leisure attractions.&nbsp;

Bourke Street Mall, Queen Victoria Market, and the State Library are all within walking distance, while Flagstaff Gardens, Melbourne’s oldest park, provides a green escape just to the north.

&nbsp;

[smartcode_project:default project_id=509 project_image_fid=335422]

Proximity to some of the city’s largest employers and education hubs, including the courts precinct, legal chambers, RMIT, and major hospitals, makes 640 Bourke Street an appealing residential address for professionals, families and students alike.

Education opportunities span all levels. Nearby, Haileybury City Campus offers private schooling just a short walk from 640 Bourke Street. Just beyond the CBD fringe, Carlton Gardens Primary School, one of Melbourne’s oldest state primary schools, and Docklands Primary School provide convenient government schooling options.

Higher education is equally accessible. RMIT University’s city campus spans multiple buildings just a few blocks away, while the University of Melbourne’s Parkville campus is easily reached via tram along Swanston or Elizabeth Streets.

Victoria University’s City Queen campus, focused on law and business, is also close by, positioning 640 Bourke Street within walking distance of three of Melbourne’s major tertiary institutions.

[smartcode_project:default project_id=509 project_image_fid=335426]

The neighbourhood’s retail tapestry continues to evolve into something distinctly local and walkable. Just steps away, Woolworths Metro on Bourke Street ensures that everyday essentials are easily within reach.&nbsp;

For larger shopping trips, Spencer Outlet Centre on Spencer Street and QV Melbourne on the opposite side of the CBD broaden the offering with supermarkets, fashion, dining and specialty stores.

The lane-to-lane vibe unfolds beautifully in nearby arcades and alleys. Hardware Lane, with its European-style red-brick paving and alfresco dining, pulses with jazzy evenings and casual lunches.

A few minutes north, Howey Place and Centre Place offer leafy, boutique-lined lanes where hidden cafés and niche retailers congregate under historic glass-covered cloisters.

Completing this tapestry is the newly opened Mecca “beauty playground” on Bourke Street. Spanning 4,000 sqm over three levels, the flagship blends immersive retail within an art-deco heritage setting.

&nbsp;

[smartcode_project:default project_id=509 project_image_fid=335427]

This finely grained network of shops, eateries, arcades and service outlets defines the everyday lifestyle at 640 Bourke Street - further enriched by over 3,000 sqm of resident amenity including a Turkish-inspired pool, gym, co-working rooms and private cinemas.&nbsp;

Apartments are priced between&nbsp;$640,000 and $3.95 million. Off the plan stamp duty concessions available until October 2026. Prospective buyers can visit the on site display gallery which has&nbsp;fully built one, two, and three-bedroom apartments.

[smartcode_project_cta:default project_id=509]

640 Bourke Street: A heritage address at the heart of Melbourne

Lower North Shore development specialists&nbsp;<a href="https://www.apartments.com.au/developers/abadeen-group">Abadeen</a>&nbsp;has topped out its new local apartment development,&nbsp;<a href="https://www.apartments.com.au/new-apartments/northcote-collective-naremburn-2-6-northcote-street-naremburn-nsw-2065">Northcote Collective</a>.&nbsp;

Located in the tightly held suburb of <a href="https://www.apartments.com.au/developments/naremburn-nsw-2065">Naremburn</a>, Northcote Collective is a collection of just 58 one-, two-, and three-bedroom apartments designed by award-winning architects Rothelowman.&nbsp;

The building is just a five to 10 minute walk from the heart of Crows Nest and the new&nbsp;St Leonards and Crows Nest Metro stations. Abadeen has also brought doorstep convenience, with a ground-floor retail offering on Northcote Street.

Northcote Collective is being delivered by&nbsp;<a href="https://www.apartments.com.au/builders/decode">Decode</a> — an iCIRT-rated construction company well regarded in the new development industry.

[smartcode_project:default project_id=114189 project_image_fid=272840]

“This is an important and exciting moment for Northcote Collective, and we’re proud to celebrate this milestone with our partners, consultants, and future residents,” said Justin Brown, Executive Chairman and Founder of Abadeen.&nbsp;

“From the outset, our vision was to create something truly special for Naremburn — homes that respect the character of the neighbourhood while elevating the standard of Lower North Shore living. With connectivity to transport, retail on the doorstep and a true village lifestyle, this milestone also comes at a perfect time when buyer confidence is returning to the market. I am incredibly proud of our team and of Decode for their dedication in helping us bring this vision to life.”

[smartcode_project:default project_id=114189 project_image_fid=272865]

The development is two-tiered, with two rooftops for residents. The taller building has an impressive rooftop pool, a rare inclusion in the new Sydney apartment market. The level, with panoramic views, also includes an entertaining terrace with barbecue facilities.

Local downsizers and young professionals are showing the strongest interest in the development, with recent improvements in the property market — supported by three rate cuts in 2025 — boosting borrowing power and buyer confidence.

Auction activity across Sydney surged by almost 30 per cent in recent weeks, with clearance rates above 70 per cent — signalling a renewed wave of buyer demand.

Northcote Collective will welcome buyers in 2026.

[smartcode_project_cta:default project_id=114189]

Abadeen tops out Northcote Collective in Naremburn

Sunshine Coast-based <a href="https://www.apartments.com.au/developers/devcon-property-group">Devcon Property Group</a> has acquired one of Maroochydore’s most prominent development sites for $12 million unlocking the potentialfor a mixed-use project in the Cotton Tree precinct.

&nbsp;

The 4,178 sqm site at 41–43 Aerodrome Road—well known locally as the former home to one of Australia’s last Sizzler restaurants—was sold via an off-market expressions of interest campaign by Colliers agents Nick Dowling and Baydn Dodds. More than 70 targeted buyer groups were approached, resulting in multiple competitive offers for the property.

Devcon Property Group Managing Director Michael Kain said the acquisition was a strategic move in line with the company’s focus on delivering high-quality projects in prime coastal locations.&nbsp;

“We’re excited about the possibilities this site, in one of the Sunshine Coast’s most iconic beachside &nbsp;communities, offers for a broad range of development outcomes,” Kain said.

“Its location, ocean view potential, and proximity to the Maroochydore CBD and beach make it an &nbsp;outstanding development prospect. Our plans are to refurbish the existing building and then review &nbsp;development options for the remainder of the site.”&nbsp;

<img alt="Aerodrome Rd site overlooking Beach (Large)" data-entity-type="file" data-entity-uuid="a29dc4ed-68c1-4bec-a4fc-283063dcde1e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Aerodrome%20Rd%20site%20overlooking%20Beach%20%28Large%29.jpg?VersionId=b0WxJWevmLoAfCP4YvGImZpR3rSCJJ9L" />

Colliers Special Projects Manager Baydn Dodds said the sale reflected the ongoing strength of the &nbsp;Sunshine Coast’s development site market, particularly for projects capable of achieving water views. &nbsp;

“Sites of this scale, in walkable beachside locations with ocean views, are tightly held and continue to attract significant interest from both local and national developers,” Baydn Dodds said. &nbsp;

“Holding a prominent position as the former home to one of Australia’s last Sizzler restaurants and more recently occupied by Rashays, the prime site is located just 150 metres from Maroochydore Beach.&nbsp;

“With stunning ocean view potential, located in one of the Sunshine Coast’s best known iconic &nbsp;beachside communities, within steps of shops, cafes and the beach it is no surprise that there was strong interest in the site. The transaction highlights the ongoing depth of demand for well-located &nbsp;mixed-use sites across the Sunshine Coast.”&nbsp;

Colliers Sunshine Coast Managing Director Nick Dowling said the transaction reinforced the &nbsp;Sunshine Coast’s status as one of Australia’s most active development markets.&nbsp;

“The combination of strong population growth, lifestyle appeal, and infrastructure investment is &nbsp;driving demand for quality development opportunities,” Nick Dowling said. &nbsp;

“The Sunshine Coast is one of only three markets nationally to record an increase in crane numbers, &nbsp;reflecting the strength of the region’s construction pipeline.&nbsp;

“Opportunities like this are rare and continue to generate strong buyer interest in the region.”&nbsp;

The Sunshine Coast development market is booming, with several high-profile developers like Cube Developments, Gardner Vaughan Group, and RCQ, planning developments in the region.

Devcon buys Sunshine Coast’s former Sizzler site for new apartment development

Cinema

<html><body>
<div>
Sydney’s newest residential tower will rise 270 metres, comprising 80-storeys much of it serviced apartments.
It is so tall it will need approval Aeronautical Impact Assessment approvals.
<div title="Page 3">
<div>
<div>
As it penetrates Sydney Airport’s Obstacle Limitation Surfaces (OLS), the infringement triggers a requirement, under the Airports (Protection of Airspace Regulations 1996 (APAR), to need approval for the development from the Department of Infrastructure, Transport, Cities and Regional Development (DITCRD).
It will need to see if it can affect the safety, regularity or efficiency of aircraft operations at Sydney Airport.
</div>
</div>
</div>
The Ingenhoven and Architectus scheme proposes a super-slim skyscraper sitting atop a podium that incorporates several levels of retail, two childcare centres and the Event Cinemas which is subject to a long-term lease. 
It will be the tallest residential building in Sydney. China’s state-owned Greenland tower on the old Sydney Water Board building will be 235m high.
Ingenhoven + Architectus beat off design competition entrants such as Bates Smart, Foster + Partners and WilkinsonEyre.
Their $567 million estimated cost came in nearly $14 million cheaper than their nearest competitor. 
<div title="Page 15">
<div>
<div>
The design proposed by Ingenhoven + Architectus aimed to be a landmark for economical, ecological and socially sustainable future-orientated development.
An ‘energy façade’ was proposed with slanted horizontal elements and exposed structural columns to provide sun shading and act as potential hybrid solar collectors.
Its sustainability endeavours also include electric vehicle charging for 5% of car spaces on completion, with capacity to increase over time to reflect the car fleets of the future. 
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/8/28/George%20Street%20Cinema%20entrance.jpg" alt="">
The George Street frontage (above) was proposed to consist of retail tenancies and a central entrance to the curvilinear through-site link to the building lobbies and Kent Street (below).
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/8/28/Kent%20Street%20frontage.jpg" alt="">
The developers secured approval for added height from the City of Sydney in 2014, well above the site’s existing 150 metre limit, after promising community benefits including two childcare centres and a community meeting facility.
</div>
</div>
</div>
<div title="Page 11">
<div>
<div>
The cinema was constructed in 1976 as the Hoyts Cinema.
</div>
</div>
</div>
</div>
<div>
<div>
<div>
<div>
<source srcset="https://media.theurbandeveloper.com/assets/images/99b3f764-4ec4-4f45-b9e4-7a403fd6dea1/99b3f764-4ec4-4f45-b9e4-7a403fd6dea1-960.webp" sizes="(min-width: 721px) 960px" type="image/webp"></source><source srcset="https://media.theurbandeveloper.com/assets/images/99b3f764-4ec4-4f45-b9e4-7a403fd6dea1/99b3f764-4ec4-4f45-b9e4-7a403fd6dea1-960.jpeg" sizes="(min-width: 721px) 960px" type="image/jpg"></source><source srcset="https://media.theurbandeveloper.com/assets/images/99b3f764-4ec4-4f45-b9e4-7a403fd6dea1/99b3f764-4ec4-4f45-b9e4-7a403fd6dea1-720.webp" sizes="(min-width: 641px) 720px" type="image/webp"></source><source srcset="https://media.theurbandeveloper.com/assets/images/99b3f764-4ec4-4f45-b9e4-7a403fd6dea1/99b3f764-4ec4-4f45-b9e4-7a403fd6dea1-720.jpeg" sizes="(min-width: 641px) 720px" type="image/jpg"></source><source srcset="https://media.theurbandeveloper.com/assets/images/99b3f764-4ec4-4f45-b9e4-7a403fd6dea1/99b3f764-4ec4-4f45-b9e4-7a403fd6dea1-640.webp" sizes="(min-width: 481px) 640px" type="image/webp"></source><source srcset="https://media.theurbandeveloper.com/assets/images/99b3f764-4ec4-4f45-b9e4-7a403fd6dea1/99b3f764-4ec4-4f45-b9e4-7a403fd6dea1-640.jpeg" sizes="(min-width: 481px) 640px" type="image/jpg"></source><source srcset="https://media.theurbandeveloper.com/assets/images/99b3f764-4ec4-4f45-b9e4-7a403fd6dea1/99b3f764-4ec4-4f45-b9e4-7a403fd6dea1-480.webp" sizes="(min-width: 241px) 480px" type="image/webp"></source><source srcset="https://media.theurbandeveloper.com/assets/images/99b3f764-4ec4-4f45-b9e4-7a403fd6dea1/99b3f764-4ec4-4f45-b9e4-7a403fd6dea1-480.jpeg" sizes="(min-width: 241px) 480px" type="image/jpg"></source><source srcset="https://media.theurbandeveloper.com/assets/images/99b3f764-4ec4-4f45-b9e4-7a403fd6dea1/99b3f764-4ec4-4f45-b9e4-7a403fd6dea1-240.webp" sizes="(min-width: 121px) 240px" type="image/webp"></source><source srcset="https://media.theurbandeveloper.com/assets/images/99b3f764-4ec4-4f45-b9e4-7a403fd6dea1/99b3f764-4ec4-4f45-b9e4-7a403fd6dea1-240.jpeg" sizes="(min-width: 121px) 240px" type="image/jpg"></source><source srcset="https://media.theurbandeveloper.com/assets/images/99b3f764-4ec4-4f45-b9e4-7a403fd6dea1/99b3f764-4ec4-4f45-b9e4-7a403fd6dea1-120.webp" sizes="(min-width: 120px) 120px" type="image/webp"></source><source srcset="https://media.theurbandeveloper.com/assets/images/99b3f764-4ec4-4f45-b9e4-7a403fd6dea1/99b3f764-4ec4-4f45-b9e4-7a403fd6dea1-120.jpeg" sizes="(min-width: 120px) 120px" type="image/jpg"></source><img src="https://media.theurbandeveloper.com/raw/images/99b3f764-4ec4-4f45-b9e4-7a403fd6dea1.jpg" alt="Düsseldorf-based firm Ingenhoven and Architectus will design the $1 billion George Street super-slim skyscraper at 505-523 George Street."><div> </div>
<div>Mirvac and Coombes Property Group are the joint developers.</div>
</div>
</div>
</div>
</div>
<div>
<div>
<div>
Coombes Property Group acquired the 4,308sq m site in 2009 from Challenger Financial Services for $85 million.
</div>
</div>
</div>
<div>
<div>
<div>
<div>
<source srcset="https://media.theurbandeveloper.com/assets/images/353e5cc5-286f-44e5-88a7-dc95ec02918d/353e5cc5-286f-44e5-88a7-dc95ec02918d-960.webp" sizes="(min-width: 721px) 960px" type="image/webp"></source><source srcset="https://media.theurbandeveloper.com/assets/images/353e5cc5-286f-44e5-88a7-dc95ec02918d/353e5cc5-286f-44e5-88a7-dc95ec02918d-960.jpeg" sizes="(min-width: 721px) 960px" type="image/jpg"></source><source srcset="https://media.theurbandeveloper.com/assets/images/353e5cc5-286f-44e5-88a7-dc95ec02918d/353e5cc5-286f-44e5-88a7-dc95ec02918d-720.webp" sizes="(min-width: 641px) 720px" type="image/webp"></source><source srcset="https://media.theurbandeveloper.com/assets/images/353e5cc5-286f-44e5-88a7-dc95ec02918d/353e5cc5-286f-44e5-88a7-dc95ec02918d-720.jpeg" sizes="(min-width: 641px) 720px" type="image/jpg"></source><source srcset="https://media.theurbandeveloper.com/assets/images/353e5cc5-286f-44e5-88a7-dc95ec02918d/353e5cc5-286f-44e5-88a7-dc95ec02918d-640.webp" sizes="(min-width: 481px) 640px" type="image/webp"></source><source srcset="https://media.theurbandeveloper.com/assets/images/353e5cc5-286f-44e5-88a7-dc95ec02918d/353e5cc5-286f-44e5-88a7-dc95ec02918d-640.jpeg" sizes="(min-width: 481px) 640px" type="image/jpg"></source><source srcset="https://media.theurbandeveloper.com/assets/images/353e5cc5-286f-44e5-88a7-dc95ec02918d/353e5cc5-286f-44e5-88a7-dc95ec02918d-480.webp" sizes="(min-width: 241px) 480px" type="image/webp"></source><source srcset="https://media.theurbandeveloper.com/assets/images/353e5cc5-286f-44e5-88a7-dc95ec02918d/353e5cc5-286f-44e5-88a7-dc95ec02918d-480.jpeg" sizes="(min-width: 241px) 480px" type="image/jpg"></source><source srcset="https://media.theurbandeveloper.com/assets/images/353e5cc5-286f-44e5-88a7-dc95ec02918d/353e5cc5-286f-44e5-88a7-dc95ec02918d-240.webp" sizes="(min-width: 121px) 240px" type="image/webp"></source><source srcset="https://media.theurbandeveloper.com/assets/images/353e5cc5-286f-44e5-88a7-dc95ec02918d/353e5cc5-286f-44e5-88a7-dc95ec02918d-240.jpeg" sizes="(min-width: 121px) 240px" type="image/jpg"></source><source srcset="https://media.theurbandeveloper.com/assets/images/353e5cc5-286f-44e5-88a7-dc95ec02918d/353e5cc5-286f-44e5-88a7-dc95ec02918d-120.webp" sizes="(min-width: 120px) 120px" type="image/webp"></source><source srcset="https://media.theurbandeveloper.com/assets/images/353e5cc5-286f-44e5-88a7-dc95ec02918d/353e5cc5-286f-44e5-88a7-dc95ec02918d-120.jpeg" sizes="(min-width: 120px) 120px" type="image/jpg"></source><img src="https://media.theurbandeveloper.com/raw/images/353e5cc5-286f-44e5-88a7-dc95ec02918d.jpg" alt="The mixed-use tower will rise 80-storeys and will include a hotel, units, two childcare centres, retail outlets and a cinema. "><div> </div>
<div>Construction is expected to take five years with construction likely to commence in 2020 subject to council approval.</div>
</div>
</div>
</div>
</div>
<div>
<div>
<div>
Its 507 apartments include 55 studio, 144 one bedroom, 224 two bedroom and 84 three bedroom apartments.
</div>
</div>
</div>
</body></html>

j.ballantyne1990-6AQqhLzZaK

270 metre tall Event Cinema, George Street tower needs Aeronautical Impact approval

<html><body>
The heritage-listed Cygnet Theatre, located in the southern Perth suburb of Como, has been listed for sale for the first time.
The historic 1938-built cinema and coffee shop comes with a day spa.
It is expected to fetch more than $10 million.
Originally named The Como Theatre, it was designed by William Leighton for cinema pioneer James Stiles.
The art deco-style theatre is on the state’s Heritage Register.
<img class="size-full wp-image-47341 aligncenter" src="https://www.commercialrealestate.com.au/news/wp-content/uploads/2017/11/cygnettheatre2.jpg" alt="The theatre is one of the most intact examples of art deco cinemas in the city. Photo: Supplied" width="1000" height="667">
The theatre is one of the most intact art deco cinemas in Australia.
The Como Theatre was renamed the Cygnet Theatre in 1968.
In 2013 the theatre got a $100,000 State Government heritage grant used to upgrade wiring and to install a digital projector.
The site is being sold by Mr Stiles’ son through Rob Selid of Burgess Rawson and Bryan Cousins of Allied Property Consultant.
The site is leased on a monthly basis as a single screen cinema as part of the Grand Cinemas franchise.
Offers on the property at 12-16 Preston Street close November 22.
 
 
 
</body></html>

Art Deco Perth cinema for sale for first time

<html><body>
The Kirby family, founder of cinema chain Village Roadshow, is selling its two Mornington Peninsula cinemas.
The market expectations are in excess of $10 million.
The offering included the historic 1894-built Sorrento cinema on Ocean Beach Road, which the Kirby family has owned for more than 70 years, and the more modern multi-screen complex in Rosebud.
The Sorrento cinema was originally called the Sorrento Athenaeum Hall - the home of travelling shows with performers appearing during the summer holidays. 
The larger Rosebud cinema is on a 2800 sq m site on Rosebud Parade with seating for 792 people across a five-screen cinema complex
CBRE has the listing with local agency Prentice Real Estate, with Charter Keck Cramer acting as transaction adviser. 
Village Roadshow was founded by the late Roc Kirby who turned a small family-run cinema business on the Mornington Peninsula into an entertainment giant, taking it public in 1989.
His sons Robert and John are on the board of Village Roadshow.
Both Mornington Peninsula cinemas are being offered for sale with 10-year lease terms to local cinema chain Peninsula Cinemas, which also has ties to the Kirby family.
</body></html>

Kirby family to sell Sorrento cinema after seven decades, but retain leaseback

<html><body>
Palace Cinemas has bought office space in South Yarra for $3.5 million with the intention of making it the group's new headquarters.
The office at Level 1, 118-124 Toorak Road is spread over 518 sqm, and was bought in an off-market transaction through Fitzroys. The office floor forms part of a boutique four-level retail and office building. 
Selling agents Chris Kombi and Chris James brokered the sale on behalf of South Yarra Corporate Centre Pty Ltd, which reflected a building rate of $6,756 per sqm.
“The site’s location within the heart of South Yarra’s vibrant retail and commercial precinct, close to cafés and all modes of public transport was an attractive proposition for the group in the important process of relocating its headquarters,” said Kombi.
“That a major national group such as Palace Cinemas has chosen this site for their home is a vote of ongoing confidence in Toorak Road as a destination and a further sign of its resurgence.”
Palace Cinemas originated from founder Antonio Zeccola’s operation of iconic suburban cinemas, including The Metropolitan in Brunswick, The Roma in Bourke Street and The Palace in Bourke Street.
Following expansion throughout the 1980s and 1990s, which included the addition of the Dendy Brighton, The Balwyn Cinema and Academy Cinema in Paddington, NSW, the group now operates 85 screens across 20 locations nationally, the majority of which include fully licensed car and café facilities, and employs more than 500 staff. The group's existing headquarters are in Balwyn.
The group is home to a number of Australia’s international film festivals, including the Italian, Spanish, Greek, French, Spanish, German, Israeli and Russian festivals.
</body></html>

Cinema

Editor's Picks

Have something to contribute?

The latest real estate & off the plan properties & news, delivered to your inbox.

Developments

New apartments

New townhouses

News

The latest real estate & off the plan properties & news, delivered to your inbox.

Cinema

Editor's Picks

Receive the latest news stories to your inbox

Have something to contribute?

The latest real estate & off the plan properties & news, delivered to your inbox.

Developments

New apartments

New townhouses

News

The latest real estate & off the plan properties & news, delivered to your inbox.