&nbsp;

A local Australian has spent a Lower North Shore record $15.1 million at <a href="https://www.apartments.com.au/new-apartments/elevate-hume-place-crows-nest-25-hume-street-crows-nest-nsw-2065">Elevate Hume Place</a>, the new TOD above the recently opened Crows Nest Metro Station.

The buyer amalgamated a penthouse and sub-penthouse to create the triplex apartment that will have five bedrooms, five bathrooms, a private rooftop pool, expansive terrace, and panoramic views of Sydney Harbour and skyline. The building is being created by burgeoning developer Third.i, alongside joint venture partner Phoenix Property Investors.

The buyer was drawn to Elevate’s unrivalled connectivity, situated directly above the&nbsp;<a href="https://www.apartments.com.au/developments/crows-nest-nsw-2065">Crows Nest</a> Metro Station, and the vibrant lifestyle precinct that surrounds it. The Metro connects to the CBD in just seven minutes, and Chatswood in four.

[smartcode_project:default project_id=142550 project_image_fid=309367]

Designed by internationally acclaimed architects <a href="https://www.apartments.com.au/architects/woods-bagot">Woods Bagot</a>, Elevate draws inspiration from the ancient blue gum forests native to the area. The building is a Net Zero development, created in consultation with Indigenous communities and exceeding sustainability benchmarks. Interiors feature chevron-engineered timber flooring, natural stone benchtops, and premium Sub-Zero Wolf appliances, delivering timeless elegance and next-level comfort.

The exchange of the $15.1 million apartment, follows a recent $5 million sale, and over $30 million currently in expressions of interests. Interest in Elevate’s penthouse stock has surged, reflecting a strong appetite for ultra-luxury residences that combine design excellence with unmatched connectivity.

[smartcode_project:default project_id=142550 project_image_fid=309369]

“We’re seeing a significant uptick in interest from local and international buyers who are prioritising connectivity, sustainability, and lifestyle,” said Callum Billinghurst, Head of Sales at Third.i Group.&nbsp;

“These recent sales are a testament to the vision behind Elevate. It’s not just about luxury finishes or panoramic views, it’s about creating homes that are deeply connected to the city and the community. Buyers are responding to that. They want to live somewhere that offers more than just a postcode, they want culture, convenience, and long-term value. Elevate delivers all of that, and more.”

[smartcode_project:default project_id=142550 project_image_fid=297878]

As part of the Hume Place precinct, Elevate is transforming Crows Nest into Sydney’s most dynamic urban village. Elevate’s unique position directly above the metro, combined with its curated amenity offering, has made it a magnet for buyers seeking a future-proof investment and a vibrant urban lifestyle.

The next release at Elevate is expected later this year.

[smartcode_project_cta:default project_id=142550]

“We’re seeing a significant uptick in interest from local and international buyers who are prioritising connectivity, sustainability, and lifestyle,” said Callum Billinghurst, Head of Sales at Third.i Group


Joel Robinson

Third.i & PPI set Lower North Shore apartment record with $15.1m sale at Elevate Hume Place penthouse amalgamation

Sydney developer Deicorp is set to officially open its <a href="https://www.apartments.com.au/new-apartments/hills-showground-village-castle-hill-2-mandala-parade-castle-hill-nsw-2154">Showground Village</a> precinct in Castle Hill.

NSW Premier Chris Minns will attend the opening on Sunday August 31, alongside&nbsp;Minister for Planning and Public Spaces Paul Scully, The Hills Shire Council Mayor Dr Michelle Byrne, Landcom CEO Alex Wendler, and Deicorp Founder Fouad Deiri.

Located just moments from Hills Showground Metro Station, the centre spans 9,500 sqm across four levels and features 26 specialty retailers as well as a 1,400 sqm public plaza, creating a new community meeting point for shopping, dining, fitness, and everyday convenience.&nbsp;

Showground Village forms part of the Hills Showground Station Precinct, an urban renewal initiative led by Landcom and Sydney Metro that will provide for around 2,300 new jobs over the next 20 years and around 9,000 new homes.&nbsp;

Deicorp was recently approved for another new development next door to Showground Village.

The new five residential buildings in the East Showgrounds Precinct, will see another 873 dwellings delivered, as well as&nbsp;3,500 sqm of open public space in the form of landscaped courtyards, a public park and communal outdoor recreational space including a playground, barbeque area, and outdoor seating.

“This approval will allow us to start construction on a range of beautifully designed, conveniently located apartments and create another vibrant, walkable and well-connected community,” said&nbsp;<a href="https://www.apartments.com.au/developers/deicorp" target="">Deicorp</a>&nbsp;Founder Fouad Deiri.

“These new homes will provide their residents with a seamless connection to jobs and services along Metro North West, and the new&nbsp;<a href="https://www.apartments.com.au/new-apartments/hills-showground-village-castle-hill-2-mandala-parade-castle-hill" target="">Hills Showground Village</a>&nbsp;retail precinct currently under construction."

Deicorp has several thousand apartments in planning and under construction across Sydney, from Zetland and Five Dock to Crows Nest and Macquarie Park.

[smartcode_project_cta:default project_id=133881]

Deicorp, NSW Premier officially open Showground Village, new retail and hospitality hub in Castle Hill

ASX-listed developer Cedar Woods is progressing its plans for its Southbank arts precinct site.&nbsp;

The developer has filed plans, which are now with the&nbsp;Department of Transport and Planning, for a new 20-level tower at&nbsp;<a href="https://www.apartments.com.au/new-apartments/141-151-sturt-street-southbank-vic-3006">141–151 Sturt Street</a>, a 2,718 sqm block opposite the Habitat Filter sculpture.

The proposal seeks to demolish the two-level&nbsp;commercial building, including a small supermarket and medical tenancies, and create a new building with 180 apartments and a focus on an&nbsp;active public realm and arts integration.

&nbsp;

<img alt="Southbank site" data-entity-type="file" data-entity-uuid="76a72db6-91ef-43ae-827d-a9cfa72893d2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Site.png?VersionId=DZgtB4K6BswVh0QtCs3iLjXaLp0CbcEb" />

&nbsp;

There will be a full mix of apartment configurations, including 28 studio apartments, 16 one-bedroom, 104 two-bedroom, and 32 three-bedroom units.

Retail, creative arts, and residential amenity functions are integrated across the lower levels. A food and drink tenancy is planned to front Dodds Street, while a retail tenancy fronting Sturt Street will be accessed via an elevated walkway. The first floor includes a substantial 734 sqm creative arts space, envisioned to support Melbourne’s growing cultural and digital industries.

Architecture firm <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a> has put together the plans. In their&nbsp;Urban Design Report they highlighted the project’s ambition to embed itself within Southbank’s evolving cultural fabric.

A central feature of the design is a through-block link connecting Sturt and Dodds Streets, landscaped with native plantings and embedded with universal access ramps.

“The ramp has been thoughtfully integrated as the primary access point, ensuring universal accessibility for all users,” the report noted, with the link offering “a direct response to the urban planning scheme of creating more green spaces within our communities”.

<img alt="Southbank podium" data-entity-type="file" data-entity-uuid="4d24b1b2-d69c-4a11-a11d-ec6df432221c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/podium.png?VersionId=geWoJyZDmPSLODZ_.PNJ0LvpOmyyCdpo" />

The building’s podium form responds to the mandatory height limits along Dodds Street and maintains a fine-grain interface to adjoining developments. Above the podium, the tower is articulated with recessed balconies and a focus on views toward the CBD and surrounding arts institutions. A communal rooftop recreation deck and indoor lounge are positioned on level four, adjoining seven apartments and providing over 900 sqm of resident amenity space.

Vehicle access and loading will be provided via Dodds Street, with 155 resident car spaces located across two basement levels and the first three above-ground floors. Bicycle storage is more generous, with 226 spaces distributed across resident, staff and visitor needs.

Rothelowman describes the architecture as “humanist,” with ground-level interfaces designed to encourage social interaction and provide a dignified entry for both residents and passers-by. “All street interfaces are crafted to invite and nurture human connections,” the design report states. “The façade transitions to a human scale, providing an approachable and engaging streetscape”.

Cedar Woods, while well-known for its large communities it develops outside of Australia's capital cities, they have recently developed in Melbourne's inner-ring before. They are approaching completion at <a href="https://www.apartments.com.au/new-townhouses/88-leveson-north-melbourne-88-leveson-street-north-melbourne-vic-3051">88 Leveson</a>, just 15 townhouses in the heart of North Melbourne.

Cedar Woods progresses with new apartment plans in Southbank arts precinct

Brisbane developers Core Property Partners and Vector Property Australia has teamed up for Brisbane's newest apartment development.

The duo identified <a href="https://www.apartments.com.au/developments/east-brisbane-qld-4169">East Brisbane</a> as their preferred suburb, on the fringe of the Gabba Precinct, where they've just revealed BANKSII, 72 apartments opposite Raymond Park.

[smartcode_project:default project_id=136432 project_image_fid=5481]

The one-, two-, and three-bedroom apartments will sit in a glass-wrapped building that will also feature a rooftop with an&nbsp;infinity-edge pool, a BBQ area and alfresco dining spaces, sun lounges, and a sauna, as well as a resident-only gym and a ground-floor cafe.

Rhett Williams, Director of Vector Property Australia, said the project will lift the quality of the East Brisbane community and set a new benchmark.

"In Brisbane’s current property landscape, <a href="https://www.apartments.com.au/new-apartments/banksii-east-brisbane-169-wellington-road-east-brisbane-qld-4169">BANKSII</a> stands out through its emphasis on lifestyle-oriented living, connectivity and sophisticated design," Williams says.

[smartcode_project:default project_id=136432 project_image_fid=5479]

The 10-level building has been designed by MAS Architecture. Their designs were inspired by the native Banksia flower, with the architecture and interiors reflecting the organic symmetry of its namesake flora. MAS has interpreted this throughout the building’s curved form, façade detailing and interior palette.&nbsp;

The building’s flowing geometry and natural tones are complemented by large balconies and floor-to-ceiling glazing, maximising cross-breezes, daylight and views over the city, parklands and river.

“Having a strong narrative for a building helps us architecturally,” MAS noted. "We can choose colours that come off that species of flowers. The trunk and the trees and the flower elements all are now visible in our joinery on the inside and in our architectural finishes on the outside."

[smartcode_project:default project_id=136432 project_image_fid=5485]

Apartments will feature timber floors, soft porcelain tiles, brushed bronze fittings, and stone benchtops with warm veining.&nbsp;

Kitchens feature premium SMEG appliances and generous storage, while bathrooms have been designed as calming retreats with curved cabinetry and twin sinks in the master ensuites.

The building will feature a suite of rooftop and wellness amenities. Residents will have access to an infinity-edge pool, BBQ and alfresco dining areas, sun lounges and a rooftop sauna.&nbsp;

A residents-only gym will be located on the podium level, while a ground-floor café and landscaped laneway will further activate the site and improve neighbourhood connectivity.

[smartcode_project:default project_id=136432 project_image_fid=5488]

BANKSII will rise from a prime Wellington Road site, with the building oriented to overlook the adjacent Raymond Park and take in extensive city views. It is also on the doorstep of key&nbsp;lifestyle infrastructure, including the future Kangaroo Point Green Bridge, The Gabba stadium, and the planned Brisbane Live arena.&nbsp;

Public transport options, including ferry, bus and rail - including the future Cross River Rail Woolloongabba station - are all nearby, supporting a car-optional lifestyle just minutes from the CBD.

Williams said the team spent over a year searching for the ideal site before securing this location.

"We were attracted to <a href="https://www.apartments.com.au/developments/east-brisbane-qld-4169">East Brisbane</a> as it is a vibrant and growing community that offers a perfect balance of urban convenience and natural beauty with the parklands and river on our doorstep.”

The project is part of the broader Woolloongabba Games precinct, which is undergoing significant investment in the lead-up to the 2032 Brisbane Olympics. This urban renewal, coupled with infrastructure upgrades, is expected to enhance long-term liveability and capital growth in the area.

Given the wide max of configurations, BANKSII is expected to suit everyone from first home buyers and investors to families and downsizers.

[smartcode_project_cta:default project_id=136432]

BANKSII sales launch in booming East Brisbane apartment market

The Minns Labor Government will deliver Sydney’s first new heavy rail station in more than a decade – enabling up to 10,000 new homes by rezoning land around Woollahra and Edgecliff stations, right next to the CBD, to tackle the housing crisis and rebalance growth across the city.

Recent reports by the NSW Productivity Commission have warned that Sydney is losing twice as many young people as it is gaining, while also finding that Woollahra is the most feasible Local Government Area (LGA) in New South Wales to build new housing.

Despite this, housing approvals in Woollahra consistently lag well behind other LGAs, and the population has declined by 11 per cent over the past 50 years while Greater Sydney as a whole has grown by 74 per cent.

The new station that will be an eight-minute trip from Sydney CBD, will be located on the Eastern Suburbs train line in Woollahra, where a station build was started in the 1970s but never completed.

To enable the delivery of new homes the NSW Government will lead a rezoning of Woollahra and Edgecliff stations similar to other state led rezonings to allow additional homes to be built around the stations.

Affordable housing will also make up a proportion of development on the site with the final amount of affordable housing required, to be determined as part of the rezoning process.

The area surrounding the new station is within walking distance of major green and recreational space including Cooper, Trumper, Rushcutters Bay and Centennial Parks.

The Eastern Suburbs train line between Bondi Junction and Sydney CBD also has the lowest passenger usage rates during the AM peak of any line on the Sydney network, with only 43 per cent of operating capacity during the AM peak currently being utilised by passengers.

Sydney Water and Infrastructure NSW have confirmed there is capacity in the water and wastewater systems to accommodate the proposed 10,000 dwellings without major upgrades.

The rezoning is expected to take around two years and will further support the Government’s housing targets that rebalance the delivery of new homes around existing infrastructure.

&nbsp;

&nbsp;

Next stop Woollahra train station - delivering up to 10,000 new homes in the heart of Sydney

Clyde North

Mirvac has just wrapped up construction on its highly anticipated Transformation House charity home within their community, Smith Lane.&nbsp;

The Clyde North one-of-a-kind architecturally designed home is set to be auctioned off on Saturday November 12 in a bid to raise much-needed funds for The Salvation Army’s Red Shield Appeal.&nbsp;

The build of Transformation House took just eight months by Mirvac, with Head of Residential Stuart Penklis saying it wouldn’t have been without the help of their 25 generous and trusted suppliers who rallied together to donate and reduce material costs, products and trades.&nbsp;

<img alt="Inside the Clyde charity home, Transformation House " data-entity-type="file" data-entity-uuid="5a565b75-b1c6-4b71-9ec4-5931ca49fd20" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Smiths%20Lane%20by%20Mirvac_Transformation%20House_Main%20Living.jpg?VersionId=B1kn.GHMMMyVX4VFPYlGjpYuPq7cUTIZ" />Inside the Smiths Lane charity home, Transformation House. Image supplied.&nbsp;

“Mirvac has been reimagining urban life for 50 years and the future-ready Transformation House demonstrates our ongoing commitment to creating sustainable communities, from an environmental, economic and social perspective. It has been truly wonderful to see our community come together to help raise vital funds to ensure The Salvation Army can continue to create a better future for those impacted by homelessness,” Penklis said. &nbsp;

MIrvac are hoping to achieve a sale price of more than $1 million come auction day, with a $500,000 fundraising target for the Red Shield Appeal, which could support safe emergency accommodation for those in need for 2,564 days - transforming the lives of thousands of people across Australia.&nbsp;

Designed by the award-winning Mirvac Design team, the two-storey four-bedroom home will be move-in ready, with GlobeWest furniture and other high-quality furnishings selected and styled by Dani Wales from Healthy Homes Australia, Dan Reilly of The Block, in conjunction with their team at Manna Made.&nbsp;

The future-ready 7-star NatHers rated home sits across a 393 sqm block, designed to minimise energy consumption and maximise livability, with prospective bidders now able to register their interest to inspect the home.&nbsp;

Offering open plan and flexible living spaces, Transformation House also includes a double car garage, premium Smeg appliances, solar panels, walk-in-wardrobes, a family bathroom and two ensuites, along with an alfresco resort-style backyard, complete with timber decking and a Plungie Studio pool.&nbsp;

<img alt="Inside the Smiths Lane charity home, Transformation House " data-entity-type="file" data-entity-uuid="b937a615-91d1-450d-a652-557177405397" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Smiths%20Lane%20by%20Mirvac_Transformation%20House_Outdoor%20Area.jpg?VersionId=jGeWf7pzMkWuogt2APS3Jr4ALFcZtHnA" />Inside the Smiths Lane charity home, Transformation House. Image supplied.&nbsp;

“We’ve been really proud to be involved in the styling of this beautiful Mirvac-designed home. For us, it was all about creating a soft, calm palette, with furnishings that work harmoniously with the home’s existing fixtures and fittings,” said Wales.&nbsp;

“We wanted to provide a really good foundation for the lucky future homeowners, so that they can move in and put their own stamp and personality on the space. With heaps of space and natural light that make it perfect for entertaining friends, we’re excited to see as many people as possible on auction day to support The Salvation Army Australia,” she said.&nbsp;

Salvation Army Australia (Major) Corps Officer, Michael Wright said that the contribution will play a significant role in helping the Salvation Army Australia provide housing, food, financial aid and other assistance to those who are homeless or living in poverty.&nbsp;

“Now, more than ever, so many Australians are under housing stress and in need of our support. Homelessness is a crucial issue that impacted over 278,300 Australians in 2020-21* and the sale of the Transformation House will raise much-needed funds to help us continue to provide crisis, transitional and long-term accommodation, refuges for women and their children, rooming houses and community housing,” Wright said.&nbsp;

<img alt="Inside the Smiths Lane charity home, Transformation House " data-entity-type="file" data-entity-uuid="1cfaca7a-370d-48ae-a40d-922076c4a09d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Smiths%20Lane%20by%20Mirvac_Transformation%20House_Master%20Bedroom.jpg?VersionId=xhmyOf_KgmIbhEVmahYqmx_xJb3A.oJn" />Inside the Smiths Lane charity home, Transformation House. Image supplied.&nbsp;

Located just a short walk from Clyde Grammar and Banjo Park - as well as the soon to be opened Smiths Lane Hub which features a community space, social enterprise cafe and Experience Centre - Transformation House forms part of the masterplanned community which over 3000 residents will call home once complete.&nbsp;

With 60 hectares dedicated to green space, including sporting facilities, local parks, walking tracks and bike trails, Smiths Lane is also set to feature a future town centre, with supermarkets, speciality stores, restaurants, government school, childcare and educational facilities.&nbsp;

[smartcode_project_cta:default project_id=28168]

Offering open plan and flexible living spaces, Transformation House also includes a double car garage, premium Smeg appliances, solar panels, walk-in-wardrobes, a family bathroom and two ensuites, along with an alfresco resort-style backyard, complete with timber decking and a Plungie Studio pool. 

alisonwarters@gmail.com

Mirvac wrap construction on Smiths Lane Transformation House

Mirvac has thrown its support behind The Salvation Army Australia&rsquo;s signature fundraising drive, The Red Shield Appeal, with the creation of Transformation House.

Located at Mirvac&rsquo;s Smiths Lane masterplanned community in Clyde North, the brand new&nbsp;home will be auctioned in November 2022, with a $500,000 fundraising target for the Red Shield Appeal.

Currently under construction, the design of the home was unveiled at the end of June, with The Salvation Army Australia&rsquo;s Michael Wright (Major) Corps Officer, explaining that funds raised from the sale of Transformation House will create an ongoing legacy, helping the charity reach countless individuals and transform lives for years to come.

[smartcode_project:default project_id=28168 project_image_fid=186035]

&ldquo;Housing stress has been rapidly increasing across Australia. Right now, for every person you can see who is homeless there are 13 more that you can&rsquo;t see.&rdquo;

The funds raised through the sale of this house means that Mirvac, and the new homeowners, are playing a critical role in enabling The Salvation Army to address these issues by ensuring we continue to provide crisis, transitional and long-term accommodation, refuges for women and their children, rooming houses and community housing,&rdquo; he said. .

Mirvac&rsquo;s Head of Residential, Stuart Penklis, said that the Transformation House demonstrates Mirvac&rsquo;s commitment to reimagining urban life and building sustainable communities for the future.

[smartcode_project:default project_id=28168 project_image_fid=186032]

&ldquo;From the way we design and manage our assets, to the communities we create and the homes and neighbourhoods in which our customers live, being environmentally and socially responsible is firmly embedded in our DNA.

Designed by the award-winning Mirvac Design team, currently under construction home has taken its design inspiration from the curves of the local Cardinia Creek.

The two-storey 320 sqm home will feature unique architecture, with flexible living spaces, along with innovative technology and a resort-style backyard, complete with a plunge pool.

<a href="/developments/clyde-north-vic-3978"><img alt="" height="430" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image002_1.png" width="700" /></a> 
Render of the featured plunge pool at Transformation House. Image supplied.

With four-bedrooms and two-bathrooms, the home incorporates two living rooms, a butler&rsquo;s pantry and SMEG kitchen appliances, with the master bedroom featuring a luxurious walk in robe and ensuite.

An upstairs breakout area, mud room and study nook complete the family-style home, with the one-of-a-kind fully electric home also seeking to achieve a 7-Star NatHERS rating, incorporating &lsquo;future-ready&rsquo; sustainable design principles and leading technologies to minimise energy consumption and maximise liveability for its future residents.

Situated on a 392 square metre block in prime position within the Smiths Lane community, Transformation House is just a short walk from the newly opened Clyde Grammar and Banjo Park, Smith&rsquo;s Lane&rsquo;s first neighbourhood park.

[smartcode_project:default project_id=28168 project_image_fid=186038]

Over 60 hectares of the Smiths Lane masterplan is dedicated to green space, including sporting facilities, local parks, walking tracks, bike trails and more.

With over 300 residents already living at Smiths Lane, it will include over 3,000 homes once complete, along with a proposed future town centre with supermarket, speciality stores, restaurants, government school, childcare and adult educational facilities.

Transformation House is expected to be complete and auctioned in Spring 2022, while a selection of three, four and five-bedroom home options can still be snapped up within the master planned community.

[smartcode_project_cta: project_id=28168]

Located at Mirvac’s Smiths Lane masterplanned community in Clyde North, the brand new home will be auctioned in November 2022, with a $500,000 fundraising target for the Red Shield Appeal.



Mirvac and The Salvation Army Australia announce new home to be auctioned for charity

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Clyde Springs offers a unique residential living with substantial integrated parklands, conveniently located in one of Melbourne's most rapidly growing areas, Clyde North.

Offering an abundance of opportunities for you and your family to create a bright future, Clyde Springs delivers extensive open spaces, waterways, parklands and a prime location within close proximity to Casey Fields Sporting Complex, Casey Recreation and Aquatic Centre, Cranbourne Royal Botanic Gardens, Golf Course, Racecourse and Library, and a half-hour drive to the beach.

With land sizes ranging from 220m2 to 509m2, you will enjoy the variety of choosing your home site.

Your dream home awaits with access to public transport and extensive bus services, within walking distance to the proposed Clyde North town centre and train station.

<figure><a class="colorbox colorbox-insert-image" href="/new-apartments/clyde-north-vic-3978" rel="gallery-all"><img alt="" class="image-article-full-width-580px" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/clyde-springs-estate-230s-hardys-road-clyde-north-66670f2425d0049820d5e8813a180507.png?itok=ngI4RYhG" style="width: 580px; height: 307px;"></a></figure>Ideally located close to a range of leading schools and institutions; Chisholm Institute, Federation University Campus, Hillsmeade Primary, St. Catherine’s Catholic Primary, St. Francis Xavier College, Heritage College, Alkira Secondary College, St. Margarets School and Haileybury College. Clyde Springs enjoys an abundance of shopping centres close by, including Centro Cranbourne, Fountain Gate, Cranbourne Park Shopping Centre, Cranbourne Homemaker Centre and Eden Rise Shopping Centre, with a new centre proposed on Hardys Road.

Stage 7 is now selling, in Clyde North.
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Large land sizes on offer in Clyde North!

urban.com.au

Clyde Springs, modern parkland living in Clyde North. Stage 7 now selling.

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A Bunnings Warehouse, at Clyde North in Melbourne, is set to be the first Bunnings store to be sold in metropolitan Melbourne since 2015.  
Located within the City of Casey, the brand new 16,634 square metre building opened in September 2019.
It will be sold with a new 12-year lease on settlement at a net income of $1.9 million per annum with fixed annual reviews. 
The highly exposed 3.7 hectare site, on Berwick-Cranbourne Road, has four street frontages, and and parking for 372 cars.
 CBRE Director Investments, Justin Dowers who is marketing the property with Mark Wizel and Kevin Tong, said the property offered prospective purchasers a long line of investment attributes including significant tax depreciation benefits.
“This is clearly a quality property with a blue chip tenant, a brand new building and a new long term lease within one of Melbourne’s key growth areas. It would be difficult to find another property which is so quintessentially defined as a prime commercial property investment, Mr Dowers said.
According to the ABS, the City of Casey is the third fastest growing city in Victoria and the eighth fastest growing city in Australia.
Clyde North - already a well-established suburb – is forecast to see continued growth with residential building approvals over 2016/17 up 22 per cent.
The property will be sold via an international Expressions of Interest campaign closing at 5pm, Tuesday, November 12.
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Bunnings Clyde North listed for sale after recent opening

International cricket star Shihar Dhawan has listed his family home in <a href="/developments/south-melbourne-vic-3205">Melbourne's outer south-east</a>.

It come with a price guide of $850,000 to $935,000.

<img alt="" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/7/31/dhawan%202%201.jpg" />

The Indian opening batsman has shared the <a href="/developments/clyde-north-vic-3978">Clyde North</a> home with his&nbsp;wife Aesha, her two daughters and their son since 2015.

According to CoreLogic, the property<a href="https://www.realestate.com.au/property-house-vic-clyde+north-131605238" target="_blank">&nbsp;</a>last&nbsp;sold&nbsp;for $730,000.

Set on a 512 square metre allotment, the ex-display home comprises four bedrooms, study, designer kitchen, three separate living zones and an alfresco&nbsp;area opening to the inground pool.

<img alt="" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/7/31/dhawan%203%201.jpg" />

Darren Hutchins and Peter Konidaris of O'Brien Real Estate Keysborough have the listing.&nbsp;

The property has been scheduled for auction on August 18.&nbsp;

[smartcode_project:default project_id=94611]

Clyde North

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