Local developer Harridan is seeking to turn its Woolloongabba apartment project into the first stage of a broader transformation of Burke Street, using a new 16-storey mixed-use building to establish a greener pedestrian connection toward the rapidly evolving Boggo Road transport and knowledge precinct.

The South East Queensland developer has filed plans for 154 apartments on the <a href="https://www.apartments.com.au/new-apartments/4-burke-street-woolloongabba-qld-4102">southern side of Burke Street</a>, where its proposal has been designed alongside a wider vision by LatStudios for the street.

That vision positions the southern side of Burke Street for buildings of 15 storeys and above, while envisaging lower-rise development of up to five storeys on the northern side to transition into Woolloongabba's existing character housing. It also proposes wider pedestrian verges, deep planting, new street trees and upgrades to the pedestrian approach to Boggo Road Station.

The Harridan development itself has been designed by Brisbane-based Arqus Design and will comprise 154 apartments across 16 storeys. The mix is weighted heavily toward two-bedroom apartments, with 121 proposed alongside 10 one-bedroom and 23 three-bedroom residences. There will typically be around 14 units per floor.

A lower-ground car park and three podium levels will accommodate 156 resident parking spaces, along with visitor and commercial parking. There will also be 154 resident bicycle spaces and 40 visitor bicycle parks.

&nbsp;

Harridan is a family-owned developer and part of the Holmwood Highgate Group, with more than three decades of development activity across South East Queensland. Its portfolio spans residential, commercial and industrial property, with current residential projects including Riverbank on Byron in Bulimba, Esperance Residences in Carina and The Precinct at Kinross Road in Thornlands.

Wooloongabba has been popular for apartment developers, particularly since the announcement of the 2032 Summer Olympics games in Brisbane.

While there have been a lot of development applications, it has failed to materialize into real supply.&nbsp;

Sarazin has been the major player in the area. They are under construction at Murcia Residences, on the fringe of East Brisbane and Woolloongabba. They have just launched <a href="https://www.apartments.com.au/new-apartments/the-stanley-residences-woolloongabba-8-trafalgar-street-woolloongabba-qld-4102">The Stanley Residences</a>, in Woolloongabba on Trafalagar Street. They also have Nuage coming soon on the nearby <a href="https://www.apartments.com.au/new-apartments/nuage-woolloongabba-14-wellington-road-woolloongabba-qld-4102">Wellington Road</a>.

Joel Robinson

First look: Harridan plans Burke Street transformation beside Boggo Road transport hub

IN BRIEF

<ul>
	<li>
	Just three double-storey Sky Homes sit at the top of The Waterline, each with its own private marina berth and rooftop terrace.
	</li>
	<li>
	Construction on The Waterline is complete, with the first residents expected to move in from mid-October.
	</li>
	<li>
	Sky Homes range from 282 sqm to 367 sqm and are priced from $3.65 million.
	</li>
</ul>

<hr />
Lewis Land has opened the first completed sky home for inspection at Harbour Shores, giving buyers their first opportunity to step inside one of just three double-storey residences crowning The Waterline.

Each sky home comes with its own private marina berth, rooftop terrace and Broadwater views, combining the scale of a larger home with direct access to the boating lifestyle that underpins the wider <a href="https://www.apartments.com.au/new-apartments/harbour-shores-biggera-waters-564-oxley-drive-biggera-waters-qld-4216">Harbour Shores</a> masterplan.

[smartcode_project:default project_id=113271 project_image_fid=366708]

Lewis Land Head of Development Michael Long said the inclusion of a berth with every Sky Home had become increasingly valuable as marina access across the Gold Coast tightened.

“Marina berths are becoming increasingly difficult to secure across the Gold Coast, so including one with every Sky Home makes this a genuinely rare offering,” Long said.

“The private 70-berth marina will accommodate boats up to 12 metres in length and is positioned just 2.5 kilometres from the Broadwater, placing the open ocean only 15 minutes away.

“Being able to step out of your home onto your boat is a rare luxury, and it’s something residents here can look forward to when it opens later this year.”

[smartcode_project:default project_id=113271 project_image_fid=366709]

The display opening comes as construction completes on The Waterline, with the first residents expected to move in from mid-October.

The three Sky Homes range from 282 sqm to 367 sqm and each feature three bedrooms, three bathrooms, multiple living zones, expansive kitchens with butler's pantries and large balconies taking in the Broadwater outlook.

Each residence also has three secure basement car spaces and additional storage.

“This is the first opportunity the Gold Coast has had to step into Harbour Shores and see, touch and feel what we’re bringing to life here,” Long said.

“There are only three Sky Homes within The Waterline, ranging in size from 282sqm to 367sqm, with each residence featuring three large bedrooms, three bathrooms, multiple living zones, expansive custom-built kitchens with butler’s pantry, and large balconies capturing Broadwater views.”

<img alt="Harbour Shores" data-entity-type="file" data-entity-uuid="bab65e10-4fab-45e1-92d8-fc56e2ab98ff" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-25%20at%202.00.16%E2%80%AFPM.png?VersionId=XT8q76LsPkw3cYTsvN3JfFDaPLud90PN" />

Residents of The Waterline will have access to a private pool, along with Harbour Shores' wider collection of amenity including a lagoon pool, social clubhouse, tennis court, gym, yoga facilities and sauna.

Lewis Land partnered with Studio Collective to furnish the completed display, with the interiors designed to demonstrate how the residences could function as permanent homes rather than simply as show apartments.

Studio Collective Director Melissa Park said the surrounding waterways informed the interiors, but in a more restrained way than a traditional coastal scheme.

“We drew inspiration from the canals and coastal surrounds, but our approach was to interpret that subtly through layered materials and a grounded palette of earthy tones, rather than literal coastal references,” Park said.

“We introduced hero moments of green and teal to reference the surrounding waterways, while mirrored elements help reflect natural light.

“The result is a residence that feels elevated yet comfortable, somewhere buyers can genuinely imagine themselves living, entertaining and unwinding.”

Sky Homes are priced from $3.65 million.

Lewis Land is also offering private marina berths with The Residences, its limited collection of three and four-bedroom villas positioned directly along the Harbour Shores waterfront boardwalk.

Three-bedroom villas are priced from $2.99 million, while four-bedroom residences start from $3.19 million.

Harbour Shores is being marketed by Colliers International.

[smartcode_project_cta:default project_id=113271]

Lewis Land opens sky home display as The Waterline completes at Harbour Shores

St Vincent de Paul Society Housing Australia has filed plans for a major mixed-use housing precinct on the southern edge of the North Sydney CBD, adding another significant proposal to a pocket around North Sydn​ey Station that is quickly becoming one of the LGA's busiest development zones.

The State Significant Development Application covers a 5,990 sqm site at <a href="https://www.apartments.com.au/new-apartments/1-19-mackenzie-street-lavender-bay-nsw-2060">1-19 MacKenzie Street and 211 Blues Point Road in Lavender Bay</a>, immediately south of Nor​th Sydney Station and between the commercial core and the lower-rise Lavender Bay Heritage Conservation Area.

Designed by Wardle, the proposal would deliver a new residential tower comprising 88 build-to-sell apartments and 19 affordable apartments, alongside a separate co-living building with 57 rooms and a building manager's studio.

It would also see the significant restoration and upgrade of St Francis Xavier Catholic Church, the adaptive reuse of the former school building, new parish facilities, retail, a new public square and around 1,000 sqm of publicly accessible open space.

<img alt="Vinnies North Sydney" data-entity-type="file" data-entity-uuid="d5dd7f87-a617-463e-b577-17541e01f0e9" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-26%20at%209.10.13%E2%80%AFAM.png?VersionId=4R8TsFN3P_LrrXO2HswTOIrx2blil8lh" />

The project is seeking a concurrent rezoning of the site to R4 High Density Residential and an increase in the maximum building height to allow a tower reaching RL120, or up to 20 storeys. The proposal was progressed through the NSW Government's Housing Delivery Authority pathway.

The build-to-sell component will be weighted toward larger apartments, with just six one-bedroom apartments compared with 31 two-beds, 43 three-beds and eight four-bedroom residences.

The 19 affordable apartments will comprise two studios, 15 one-bedroom apartments and two two-bedroom apartments, taking the total apartment component to 107 residences before the 58 co-living rooms are included.

<img alt="Vnnies" data-entity-type="file" data-entity-uuid="7d568ca5-cb90-4e18-96c6-d9795dba0c56" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-26%20at%209.10.05%E2%80%AFAM.png?VersionId=GY2R5M9VtQh0EKy1vajaea19PSLOPuRD" />

Wardle's design for the Vinnies site has sought to negotiate that emerging high-rise context while retaining the lower-scale character of MacKenzie Street and the adjoining heritage conservation area.

The main building adopts a three-storey podium and tower arrangement, with the podium aligned to the ridgeline and front setback of St Francis Xavier Church.&nbsp;Wardle has designed the podium with colonnades, seating, recessed entries and active ground-floor frontages, with sandstone-toned precast concrete and face brick referencing the materiality of the existing church.

The tower then steps back eight metres to the south and six metres to the north before rising in a sculpted form comprising four interlocking quadrants. Wardle has also introduced rounded forms and chamfered corners to reduce the tower's perceived bulk and improve view sharing with neighbouring development sites.

Resident facilities and outdoor areas are planned at the separation between the podium and tower at Level 3, oriented toward Sydney Harbour and the CBD skyline.

The tower itself will feature a glass reinforced concrete facade, with recessed balconies and deep reveals used both to provide shading and privacy and frame views toward the harbour and city. The lower levels take a different architectural approach, using brick and sandstone-toned finishes intended to establish a stronger relationship with St Francis Xavier Church. The Church itself will be conserved and upgraded for its continued use, while the former school building will be adaptively reused as part of the co-living component.

<img alt="Lavendar Bay" data-entity-type="file" data-entity-uuid="2d4418ad-90aa-4d49-af93-c80b140aea80" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-26%20at%209.09.47%E2%80%AFAM.png?VersionId=Kv4gzbsACaGvZSRuaqcfGC54jEJRXIDJ" />

&nbsp;

The proposal adds to an increasingly concentrated pipeline of residential development around Blue Street, MacKenzie Street and Lavender Bay.

Just west of the site, Central Element lodged plans earlier this year for one of the most significant residential developments proposed in Lavender Bay in recent years.

Central Element's SJB-designed scheme at 64-66 Lavender Street and 3-7 Middlemiss Street would deliver 163 apartments across two towers rising 23 and 32 storeys, replacing five existing apartment buildings containing 32 homes. The project also forms part of the Housing Delivery Authority pathway.

<a href="https://www.apartments.com.au/news/nsw/first-look-central-element-reveals-lavender-bay-apartment-plans?utm_source=chatgpt.com" rel="noopener" target="_blank">First look: Central Element reveals Lavender Bay apartment plans</a>

Immediately around North Sy​dney Station, another two significant proposals have emerged at 5 and 15 Blue Street.

Zurich Australian Insurance Properties is seeking to adaptively reuse its longstanding commercial building at 5 Blue Street, directly above North Sydney Station, rather than demolishing the structure.

Its SSDA proposes converting the building into a 14-storey mixed-use development with 62 apartments and 86 co-living rooms, together with ground-floor retail and a major refurbishment of Blue Street Plaza. The application is currently at the Response to Submissions stage.

<a href="https://www.apartments.com.au/news/nsw/first-look-zurich-targets-north-sydney-office-conversion-with-148-unit-proposal-above-metro-station">First look: Zurich targets North Sydney office conversion with 148-unit proposal above Metro station</a>

&nbsp;

First look: Vinnies files for 20-storey Lavender Bay apartment tower as North Sydney housing pocket heats up

When the opportunity arose for South Australian developer Palumbo to return to Kent Town, where it had previously delivered East Park Apartments and the East 
Rundle Apartments, it wasn't one the longstanding developer-builder was going to pass up.

The decision was quickly vindicated, with more than 30 apartments sold within the first month of launching <a href="https://www.apartments.com.au/new-apartments/royal-apartments-kent-town-2-8-north-terrace-kent-town-sa-5067">Royal Apartments</a> to the market.

The 206-apartment development, which will bring significant new supply to Adelaide's tightly held eastern city fringe, also gives <a href="https://www.apartments.com.au/developers/palumbo">Palumbo</a> the opportunity to bring new life to one of Kent Town's most recognisable watering holes.

[smartcode_project:default project_id=6109 project_image_fid=376073]

Royal Apartments incorporates the historic Royal Hotel, a venue Palumbo Managing Director Daniel Palumbo said has a longstanding connection with the local community.

"Everyone in the area has history with the Royal Hotel," Palumbo told Apartments.com.au.

"It was quite an active pub and social gathering place for locals. We want to bring it back to its former glory."

[smartcode_project:default project_id=6109 project_image_fid=376072]

The wider development will comprise two residential towers alongside the restored hotel, sitting on North Terrace opposite the Adelaide Park Lands.

For Palumbo, the project also marks a return to familiar territory.

The developer completed East Park Apartments next door more than a decade ago and jumped at the opportunity to develop in Kent Town again when the Royal Hotel site became available.

"The opportunity emerged, and we moved to secure the site," Palumbo said.

"We were approached by the previous landowner, who said they had extensive commitments in Sydney and weren't in a position to deliver the project.

"We took over the site and within six months recut the design scheme to be more in keeping with the type of development we want to bring to Adelaide.

"Now we're on the market and those changes have really resonated with local buyers."

That has translated into a strong start to sales, with 33 apartments transacting in the project's first 35 days.

Palumbo said the early purchaser profile had been consistent with the group's traditional focus on owner-occupiers rather than investor-led apartment stock.

"Local owner-occupiers have always been our market," he said.

"There are always some investors, but we've never developed what would be called traditional development stock. Owner-occupiers are very much our market."

[smartcode_project:default project_id=6109 project_image_fid=376068]

The buyer mix has been diverse so far, with downsizers and younger professionals both accounting for a significant portion of early sales.

South Australia's current stamp duty settings, which allow&nbsp;eligible homeowners in South Australia aged 60 savings of up to $103,830 on stamp duty when they downsize to a new property valued at up to $2 million,&nbsp;have helped encourage downsizer activity, while younger buyers in their late 20s and early 30s have been attracted to the opportunity to live immediately outside the CBD while still being able to walk into the city.



Location has been a major part of the proposition for both buyer cohorts.

[smartcode_project:default project_id=6109 project_image_fid=376075]

Royal Apartments sits on North Terrace directly opposite the Adelaide Park Lands, with residents able to walk through the parklands toward the East End, Rundle Street and Rundle Mall.

Apartments have been positioned to capture views across the parklands, Adelaide skyline, Botanic Gardens and Adelaide Hills.

Palumbo believes the scarcity of developable land along this section of the Park Lands makes the site particularly difficult to replicate.

"There's very few allotments on that side that can be developed," he said.

"If this location was in New York and you were sitting on Central Park, you'd be talking about a $60 million apartments."

Royal Apartments will offer a broad mix of residences, ranging from one-bedroom apartments through to four-bedroom sub-penthouses and penthouses.

Current listings include one-bedroom apartments from $680,000, while larger three and four-bedroom residences are priced around $2.5 million.

Residents will have access to a swimming pool, gym, barbecue and recreation areas, residents' lounge and dining space, and a communal deck.

[smartcode_project:default project_id=6109 project_image_fid=376067]

The apartments will feature generous balconies, while secure parking, bicycle storage and storage cages will also be provided.

A porte-cochère-style arrival and drop-off area has also resonated with buyers, particularly those attracted to being able to walk into the CBD during the day while retaining secure vehicle access at home.

Palumbo is acting as developer, architect and builder on Royal Apartments, continuing the vertically integrated model it has used across its South Australian portfolio.

The group was also behind the $150 million Sofitel Adelaide, the 251-room five-star hotel and residential tower which opened in 2021.

Palumbo said Royal's launch had come at an interesting time for the broader Adelaide apartment market.

Buyer confidence had initially been impacted by uncertainty surrounding the Federal Budget and broader economic conditions, but Palumbo believes sentiment is beginning to improve against a backdrop of significant investment flowing into South Australia.

He pointed to increased activity across defence and resources, including Olympic Dam, as potential long-term drivers of the state's economy and housing market.

"Money is starting to flow into Adeliade, significant amounts as Adelaide bucks the trend of the rest of the country.," Palumbo said.

"There's a lot of activity in the economy over the next decade. I think more investment will come into this market."

Early works on Royal Apartments are expected to commence this year, with major construction activity and cranes anticipated on site from early next year.

[smartcode_project_cta:default project_id=6109]

Palumbo's return to Kent Town strikes early chord with buyers

Go-to builder-developer <a href="https://www.apartments.com.au/developers/graya">GRAYA</a> is continuing to bulk out its already impressive and diverse apartment portfolio across South East Queensland. Their latest milestone is securing development approval for Silk, its boutique riverfront apartment development in St Lucia.

The approval clears&nbsp;the way for the team to begin construction planning for the 22-residence project.

<a href="https://www.apartments.com.au/new-apartments/silk-st-lucia-16-18-sandford-street-st-lucia-qld-4067">Silk</a> will rise 15 levels from an 810 sqm site at 16-18 Sandford Street, occupying a prominent bend of the Brisbane River with a prized northern aspect across Orleigh Park toward the Brisbane CBD.

The approved scheme will comprise 16 split-floor and six full-floor residences, continuing GRAYA's move into larger-format apartment developments targeting Brisbane's prestige owner-occupier market.

The project has been designed around the site's broad river frontage and dual-direction views, with GRAYA prioritising larger residences, privacy and outlook over apartment yield.

<img alt="Silk St Lucia" data-entity-type="file" data-entity-uuid="aa5c2349-f96c-4914-a812-1f2cd6827af8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-26%20at%208.25.44%E2%80%AFAM.png?VersionId=WY0vEU_7vYjeRJKQHiCwFdMxu8PvFh52" />

GRAYA Co-founder and Chief Executive Officer Rob Gray said the project had been shaped around local homeowners wanting to remain in St Lucia without maintaining a traditional family home.

"St Lucia is one of those suburbs people do not want to leave," Gray said.

"They know the river, the trees, UQ, the golf course, Toowong and Indooroopilly, and that familiarity is hard to replace.

"True riverfront opportunities here are exceptionally scarce. What we have designed at Silk is a way to stay in the suburb people love, with the scale and privacy of a private home and far less to maintain.

"This is not typical apartment product. It is a proper home on the river, and that is exactly what this market has been missing."

The approval comes as new apartment development continues to increase across the St Lucia and neighbouring Toowong corridor, although direct riverfront sites remain considerably more tightly held.

GRAYA Co-founder and Managing Director Andrew Gray said securing the approval had removed a significant element of development risk from Silk.

"Genuine riverfront sites of this quality in St Lucia are not something that comes up regularly," Gray said.

"The approval removes a substantial layer of execution risk, and the location underwrites demand in a way very few inner-city sites can.

"The fundamentals here are as strong as anything we have assessed in Brisbane."

<img alt="Silk St Lucia" data-entity-type="file" data-entity-uuid="d0f3d734-65e1-48e8-8ed3-2e0715ffcdd9" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-26%20at%208.25.56%E2%80%AFAM.png?VersionId=sOLSs_jdHkXLWbBKzRyayf5BfTb2vPsD" />

Silk will see GRAYA return to a stretch of the Brisbane River where it already has recent construction experience. The vertically integrated group recently completed ARC in neighbouring Toowong as builder for developer Spyre, delivering the riverfront project on a constrained site.

GRAYA will take a different role at Silk, controlling the project from design and development through construction and aftercare under its vertically integrated model.

The development will include a gym and resident leisure areas at ground level, integrated with the river's edge.

Silk joins a growing pipeline for GRAYA across Brisbane and the Gold Coast, which includes Enclave, The Gallery, Coral and Ripple.

The developer-builder has also recently lodged plans for its largest project to date, <a href="https://www.apartments.com.au/new-apartments/the-silo-19-chester-street-newstead-qld-4006">The Silo</a>, a proposed <a href="https://www.apartments.com.au/news/qld/graya-buys-frasers-newstead-site-plans-the-silo-between-james-street-and-gasworks-precincts">$700 million mixed-use development</a> in Brisbane's James Street precinct.

Silk is expected to predominantly target local owner-occupiers and prestige buyers seeking a permanent riverfront home in Brisbane's inner west.

Registrations of interest are now open, with further details on the project and construction program to be released as it progresses.

<hr />
<h2>SILK PROJECT FACTS</h2>

Developer-builder: GRAYA

Project: Silk

Location: 16-18 Sandford Street, St Lucia

Apartments: 22

Built form: 15 levels

Site: 810 sqm riverfront holding

Mix: 16 split-floor and six full-floor residences

Status: Development approved

Next step: Construction planning underway

[smartcode_project_cta:default project_id=152168]

GRAYA greenlit for riverfront St Lucia apartment development, Silk

Colliers International

Welcome to the Monarch Residences! Join us as we dive into the captivating world of Brisbane's top-selling project, where luxury living and visionary design meet.

In this interview we're joined by James MacGinley, Head of Residential at Consolidated Properties. Together, we'll uncover the secrets behind the incredible success of Monarch Residences and give you an exclusive peek into what makes this project truly remarkable.&nbsp;

&lt;iframe width="560" height="315" src="https://www.youtube.com/embed/Kwc6KrSKtsg?si=WoRkMucRkNnD3tdn" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen&gt;&lt;/iframe&gt;

[smartcode_project_cta:default project_id=113455]

From the moment you step into the display suite, you'll understand why Monarch Residences is making waves in the real estate scene. MacGinley and his team have crafted an immersive experience that goes beyond the ordinary. While many projects rely solely on renders, Monarch Residences offers something different - a tangible connection. The decision to create a physical display was fueled by the desire to cater to a diverse range of potential buyers, allowing them to touch, feel, and truly envision their future home.

Wondering about the demographics? MacGinley shares that around 85 per cent of buyers are owner-occupiers, exceeding expectations. The project was meticulously designed with these individuals in mind, reflecting their needs and aspirations. The emotional attachment to the finishes and styles chosen is evident, making Monarch Residences more than just a place to live - it's a place to thrive.

[smartcode_project:default project_id=113455 project_image_fid=211496]

Location, reputation, and trust are the cornerstones of success in today's real estate landscape. Monarch Residences is backed by Blue Chip Developers, a collaboration between Don O'Rorke of Consolidated Properties Group and Scott Hutchinson of Hutchinson Builders. MacGinley sheds light on the unique personal relationship between these industry giants, a partnership that brings this project to life. The physical progress on-site is a testament to their commitment and instills confidence in buyers during these uncertain times.

Curious about Consolidated Properties' track record? With over 40 years of experience, they've delivered more than $3 billion worth of developments across 200 projects. This diverse portfolio, spanning residential, office, and retail spaces, showcases their expertise and commitment to quality.

Looking ahead, Monarch Residences is on track for completion in October 2025, with Hutchinson Builders even ahead of schedule - a rarity in the industry. The estimated move-in timeframe around Christmas 2025 is a reason to anticipate celebrations.

[smartcode_project:default project_id=113455 project_image_fid=211495]

Personally, MacGinley finds the design element to be one of the most rewarding aspects. The penthouse levels, designed by John Wardle Architects and Cottee Parker Architects, are an epitome of luxury, offering breathtaking 360-degree views. These meticulously crafted spaces promise a lifestyle that transcends expectations.

The timeless river views guarantee an uninterrupted skyline, a valuable asset for future growth. Just like the New Farm and Tenerife apartments that appreciated phenomenally over the years, Monarch Residences presents a unique investment opportunity with its front-row seat to the river and city.

[smartcode_project_cta:default project_id=113455]

In this interview we're joined by James MacGinley, Head of Residential at Consolidated Properties to talk about the Toowong apartment development, Monarch Residences

Staff Writer

Why owner-occupiers have embraced Consolidated Properties Group's Monarch Residences in Toowong

Welcome to Park Quarter! Join us as we explore the exciting world of modern urban living in Melbourne's vibrant landscape. In this captivating interview, we're joined by Zoe Powell, the National Director at Collier's Residential, to dive into the heart of the Sunnyland development on St Kilda Road.

Amid the fascinating discussion, Zoe Powell paints a vivid picture of the property landscape. The trend of urbanization is making a dynamic comeback, and Sunnyland caters perfectly to this resurgence. The larger apartments stand out as the top preference among discerning buyers. The convenience-driven lifestyle has taken centre stage, with amenities like concierge services becoming a necessary inclusion in apartment living.

&lt;iframe width="560" height="315" src="https://www.youtube.com/embed/nByQY7kyCGM?si=cIjIYXnkROa2xDj-" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen&gt;&lt;/iframe&gt;

Curious about the buyer mix? You'll find a harmonious blend of owner-occupiers and savvy investors, each drawn to the unique advantages offered by this development. The allure of one-bedroom units is especially strong, as they present an affordable alternative to the increasingly competitive rental market.

What sets Park Quarter apart is not just its contemporary design, but also its long-standing tenure. Sunnyland's decade-long ownership of the site has paved the way for more stable pricing, shielded from the fluctuations of the market. As a result, buyers can enjoy exceptional value while witnessing stunning views over Albert Park and the iconic St Kilda Road.

The discussion delves into the intricate dynamics of preserving views in a bustling urban environment. With Albert Park on one side and St Kilda Road on the other, the project strategically balances these elements to provide residents with breathtaking panoramas. The project's thoughtful design and surroundings mitigate the impact, ensuring a lasting and cherished vista.

[smartcode_project:default project_id=134959 project_image_fid=210773]

A project's success hinges on the collaboration of talented minds, and Sunnyland boasts an impeccable team. Led by the experienced Sunnyland team, in partnership with Cox Architecture, Carr Interiors, and DKO, this project is set to redefine contemporary parkside living in Melbourne.

Dive into the unique world of Marriott Executive serviced apartments nestled within the development. This innovative concept allows residents to access hotel-like amenities with the option to tailor their experience by opting in or out. The result? A premium, hassle-free lifestyle that perfectly aligns with individual preferences.

[smartcode_project:default project_id=134959 project_image_fid=210783]

Considering investing in Melbourne's real estate? Powell offers valuable insights to potential buyers. Emphasizing the advantages of buying off the plan, she highlights the opportunity to personalize your living space without the need for extensive renovations. Park Quarter beckons as a haven for those seeking to elevate their lifestyle through thoughtfully designed residences.

Whether you're a discerning buyer, an investor, or someone seeking to upgrade their lifestyle, this development promises an exquisite blend of convenience, luxury, and sophistication.

Don't miss the chance to be a part of Melbourne's evolving urban narrative.

[smartcode_project_cta:default project_id=134959]

The trend of urbanization is making a dynamic comeback, and Sunnyland caters perfectly to this resurgence

One of Melbourne's first project launches in three years: Unpacking Sunnyland's Park Quarter with Colliers Director Zoe Powell

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First home buyers in Sydney can look to ‘rent-vest’ as a way to enter the market, while buying conditions are better than ever, says Colliers International. 
‘Rent-vesting’ refers to the concept of buying a property as an investment in an area which is affordable and experiencing significant boom conditions, while choosing to rent in a preferred, more expensive area. 
According to Colliers International, while many Sydney first home buyers choose to buy in expensive, popular areas such as the Eastern suburbs and Lower North Shore, inner west areas such as St George, Canterbury, Bankstown and Gladesville, have seen a significant price drop and are experiencing booming conditions. 
“The St George Canterbury and Bankstown areas currently offer some of the highest rental returns in Sydney and at the moment there is a lot of choice in these areas,” said Peter Kerras, Director, Residential at Colliers International.  
“First home buyers seeking capital growth should be looking in these areas to bag a bargain not compete with other buyers to pay a premium with the prospect of modest growth.
“With rent returns now higher than interest rates in some areas, it has never been a better time to buy an investment property and the strategy of ‘rent-vesting’ – buying in a more affordable area with great returns and stay renting where you know - can be a great way for young people to enter the market.”
Currently, the price difference between a new property and an older property has never been less.
“Traditionally you would be paying 20% more for a new property as opposed to second hand property, however the unsure lending environment has brought down the price of new property in certain areas, which is great news for investors,” Kerras said.
“There is a lot of misconception and fear around buying off the plan; however, many of these are unfounded. New properties have much better noise insulation, sound proofing, fire safety, plumbing and wiring and the latest modcons.”
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Rent-vesting could be key to the market for first home buyers: Colliers International 

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2020 was set to present an opportunity for investors to capitalise on lucrative growth potential in the Australian middle markets office space, according to Colliers International. 
Colliers’ Office Middle Markets Transaction Review for 2019, found that current investment opportunities available in the $10 million - $100 million range which comprises the Middle Markets Office space, offers investors a competitive yield in the current rental landscape and strong value-growth potential. 
There were 154 transactions in the middle market’s office space in 2019, totalling $4.7 billion. Despite metro markets recording significantly more transactions (103 Transactions, totalling 67% of assets, compared to 51 CBD assets; 33%), CBD Assets were the star performers with an average yield of 4.89% and average capital value of $7,904 per square metres. 
By contrast, Metro assets recorded a 6.23% yield and capital value of $5,638 per square metres. 
According to Colliers's analysis, the 2019 track record suggests that middle markets will offer large institutional clients including REITs, Syndicates, Unlisted and Wholesale fund purchases, as well as private investors, the opportunity to invest and capitalise on this currently untapped sector of the office market. 
“Transactions from 2019 indicate that the tightening yields in the office sector have not yet affected the Middle Markets space, when compared to office assets valued at over $100 million,” said Matt Meynell, Head of Investment Services at Colliers International.  
“This is being seen across all Australian capital cities in both the CBD and fringe/metro office markets; however, the geographic trend becomes most obvious when comparing the tight CBD office market to the Metro Markets nationally.” 
The active purchasers in the Office Middle Markets space throughout 2019 include Charter Hall, and Centuria with four acquisitions, ESR with three and Collective Capital, Australian Unity Property Income Fund acquiring two assets each throughout 2019.  
These acquisitions totalled $675m in transaction value and achieving an average yield of 6.42%. 
 
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Office market shows signs of growth-potential in 2020; Colliers International

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The largest CBD freehold, mixed-used development site with holding income, is set to hit the market in the coming weeks.
Colliers International in conjunction with CBRE are selling this significant holding known as the South Yards precinct, on behalf of Honeycombes Property Group who are one of Queensland’s largest private developers. The 17.2ha site is on the edge of the Townsville CBD and will become an extension of the city once fully developed.
Adjacent to the new $300 million, 25,000 seat Queensland Country Bank Stadium, the purchaser will have the opportunity to masterplan the site and develop a mixed-use precinct, capitalising on the growth underway in North Queensland.
The South Yards precinct has a holding income of more than $870,000 per annum; a rarity for large-scale development sites.
“The South Yards site is intended to be the natural expansion of the Townsville CBD and represents a huge opportunity for a forward-thinking investor, developer or land banker,” said Samuel Biggins, Director, Investment Services at Colliers International. 
“Notable comparisons can be drawn to renowned urban renewal projects such as Brisbane’s James Street and Southbank precincts; Lend Lease’s Barangaroo project and Docklands in Melbourne.” 
Neville Smith, Associate Director, Townsville at Colliers International said “Townsville is the economic, administrative, educational and defensive hub of Northern Australia, with over $12 billion in infrastructure projects currently underway.  
“The city enjoys a diversified economy supported by several sectors including the Australian Defence Force; prominent higher education institutions such as James Cook University and State and Federal government bodies including the Australian Tax Office and Queensland Government Regional Headquarters.  
This major land holding is of the same size as Townville’s existing core CBD with an anticipated development standard already set with the grandeur of the new Stadium precinct opposite
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Townsville’s most strategic land holding is on the market 

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Colliers International has released its Asia Pacific Market Snapshot Q2 2020 report, highlighting that activity and investor interest in Asia Pacific property markets remained robust in the second quarter.
Large-scale commercial and industrial transactions in multiple markets helped offset weakness in some other sectors, according to the multi-sector report, which examines the previous quarter’s property market performance in 19 Asia Pacific markets and provides forecasts for the current and upcoming quarters.
“We have observed emerging and encouraging signs of recovery in the region, which has been reflected in investor appetite and investment activity remaining fairly firm in the past quarter. These are highly encouraging upward trends that transactions are picking up against a backdrop of economic volatility and uncertainty,” Terence Tang, Managing Director of Capital Markets &amp; Investment Services Asia at Colliers International, said. 
The industrials sector, both logistics and technology centres, will continue to appeal to investors given the strong uptake of e-commerce and accelerated digital transformation across the region, while interest in quality office assets in major cities remain high. We are anticipating investment activity to gain pace in the coming months as investors move to take advantage of the opportunities that will emerge as economies further stabilise and markets bounce back.” 
“We are expecting an increase in investment activity in the second half of the year,” John Marasco, Managing Director of Capital Markets &amp; Investment Services Australia &amp; New Zealand, said. “Demand for office assets in Australia’s key cities should remain high as companies activate ‘return to office’ policies, while investors are also looking to buy into New Zealand.”
Singapore logistics, office properties shine 
Confidence and stability are expected to return to the market in the coming quarters, helped by government support measures and improving stock market conditions.   Big-ticket transactions returned to Singapore’s commercial and industrial property sectors despite the implementation of tough ‘circuit breaker’ measures that dented overall transaction volumes for the quarter. 
Australia still an investor favourite 
The second quarter saw the completion of several significant transactions in Australia’s major cities, including an AU$145 million (US$100.6 million) office deal in Melbourne that demonstrated sustained investor appetite for commercial property. Deal flows are expected to increase in Sydney, Melbourne and Brisbane in the second half of the year as conditions normalise, given Australia’s enduring appeal as a regional and global investment destination. 
Hong Kong residential property market expected to gain traction
Demand for residential property is likely to remain strong given continued limited supply, helping to balance a less positive outlook in the retail and hospitality sectors due to limited visitor numbers. However, while sentiment remains cautious, there were signs in the second quarter of mainland Chinese investors returning to Hong Kong’s property market as China emerged from lockdown. 
China policymakers move to support market
The second quarter saw a raft of policy measures from local and national governments in China that are likely to bolster the country’s property markets in the months ahead. These included the resumption of infrastructure real estate investment trust (REIT) pilot projects, and new high-profile industrial and business developments in major hubs like Shanghai and Guangzhou. 
Japan office markets hold firm 
Office properties in Tokyo and Osaka remained in relatively high demand in the second quarter, even amid lower participation by overseas investors. Logistics has a broadly positive outlook given a scarcity of quality stock near major urban centres and the rapid growth of e-commerce. The retail and hospitality sectors also continued to attract investor interest despite the lack of international tourism. 
Domestic investors active in Korea 
Strong interest from domestic institutional investors, particularly in Seoul’s Gangnam business district, helped push total office transactions in Korea for the quarter to KRW2.5 trillion (US$2.1 billion). The positive trend is expected to continue in the months ahead with several major office transactions in the pipeline and a generally supportive policy backdrop. 
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Asia Pacific property markets demonstrate resilience in Q2

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A large land holding in Dural with pricing expectations of over $30 million is being sold through Colliers International. 
Wirrabara Village, the 6.3 hectare parcel of land at 3-5 Pellitt Street and 9 Wiarrabara, Dural recently received DA approval for a seniors living development, which will encompass 97 houses, villas and apartments and a 36-room residential aged care facility. 
Situated within The Hills district, the site is located in an exclusive pocket of Dural adjoining the Hills Grammar school and within 400 metres to Dural Round Corner Shops. 
Wirrabarra Village is  a thirty minute drive from Sydney’s CBD in an area which continues to flourish with huge amounts of government infrastructure invested recently, including the $8.3 Billion Sydney Metro North West Line and the $3 billion Northconnex tunnel connecting the M2 motorway with the M1 motorway which services the continued growth of north west Sydney. 
“Dural’s average age is currently 43 years with projections for population growth in the 65-84 age group to increase by 95 per cent by 2036 which further highlights the requirements for quality seniors living and aged care housing in the local district,” said Henry Burke, National Director, Development Sites at Colliers International. 
“It’s incredibly rare to find a large parcel of land with DA approval close to shops but away from main roads and thoroughfares in such a serene setting. We expect interest from a range of potential buyers including residential developers, aged care and seniors living operators and developers,” said Eugene White, Director, Development Sites at Colliers International
“The DA approval provides the purchaser with multiple staging opportunities and the mix of houses, villas, apartments and aged care rooms will appeal to a wide buying audience for the end product,” said Guillaume Volz, National Director, Development Sites at Colliers International.
Colliers International agents Henry Burke, Eugene White and Guillaume Volz are handling the sale with Expressions of Interest closing Thursday September 3, 2020. 
 
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Dural land holding with DA approval hits the market

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Dane Crawford, a former Colliers International real estate agent, has lodged a claim in the Federal Court seeking more than $743,000 in allegedly unpaid commissions.
Crawford resigned last year from their Newcastle office having headed the sales of its residential apartments division.
His statement of claim says he handed in his resignation based on representations that Colliers International made about his outstanding commissions.
He alleges the discussion before resigning concluded with an entitlement to half of the 50 per cent of gross commission on contracts that had been exchanged but not yet settled.
He said he went ahead with the resignation on this understanding, Nine Enertainment has reported.
The claim was lodged last month in the Fair Work division.
According to the claim, following Mr Crawford's resignation, Colliers advised him he was owed $297,500 in commissions.
Crawford claims this was an alleged breach of his contract which entitled him to a base salary and 50 per cent commission on revenue earned above $180,000 and 10 per cent on revenue below that amount.
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His lawyer Mia Pantechis from Maurice Blackburn said Crawford was "a top performer who generated substantial revenue for Colliers."
"Crawford remains very disappointed in the way he was treated by Colliers,” she said.
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<div>Crawford was now seeking to be paid his commission entitlements as well as damages and penalties.</div>
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"As the matter is the subject of legal proceedings, the company will not be making any comments," a Colliers spokesman said.
It is being represented by Lander &amp; Rogers Lawyers.
Crawford was at Colliers after joining the agency in April 2015 having been at McGrath previously.
It was just as the residential apartment boom took off in Newcastle.
By mid-2018 10 cranes dotted the skyline around Newcastle, the highest number of cranes ever observed.
The then Colliers director of residential property marketing said the city was in “history-making mode.”
Along the way the agency secured press reports including one on the reported penthouse sale in the East End development for $6 million, smashing Newcastle’s previous apartment price record by more than $1.5 million.
He now is at Commercial Collective where he works with leading super funds, private developers and managed property funds with a speciality in high-density residential development marketing and advisory roles on CBD and city fringe projects. 
"Dane has lent his considerable expertise to more than $2.5 billion of projects including multi-stage developments, large masterplanned developments, mixed use projects and boutique projects," his website advises.
"Dane previously held the position of Director of Residential Project Marketing at a global real estate agency, with almost 1,000 transactions completed over his last three years."
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Colliers Newcastle faces $743,000 commission claim in Federal Court from Dane Crawford

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Global commercial real estate services and investment management firm, Colliers International has announced the appointment of John Kenny as Chief Executive Officer (CEO) | Asia Pacific, effective immediately.
Mr. Kenny (pictured below) has been at the helm of the Australia &amp; New Zealand business since 2006.
He brings plenty of industry and institutional experience having previously held leadership positions in commercial and industrial transactions, corporate real estate and real estate technology within the company.
“I am truly honoured to step into the Asia Pacific Chief Executive Officer role as we continue to build momentum," Mr Kenny said.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2020/2/5/John%20Kenny.jpg" alt="">
“Colliers is the fastest growing real estate and investment management services company globally and accelerating our success in Asia Pacific, one of the most dynamic and rapidly expanding regions in the global economy, is very exciting,” said Jay Hennick, Global Chairman &amp; CEO.
“I’m confident John will take our business from strength to strength as he consolidates our recent acquisitions in India and China and continues to build industry-leading positions in some of the most important markets in the world. I wish David Hand, who is stepping away from his post for personal health reasons, a speedy recovery and we look forward to welcoming him back to the organization as soon as possible.”
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