Joel Robinson

First Look: Sherlock Construction pitches apartments for low-rise Deception Bay

Queensland builder-developer MAYD has revealed the first look at its major North Kirra beachfront development, lodging amended plans that reduce the number of apartments and increase the proportion of larger residences.

The project is planned across a substantial 4,742 sqm amalgamated site spanning seven lots at <a href="https://www.apartments.com.au/new-apartments/2-6-pacific-parade-bilinga-qld-4225">2-6 Pacific Parade</a> and 27-33 Golden Four Drive in Bilin​ga, directly opposite Nor​th Kirra Beach.

<a href="https://www.apartments.com.au/developers/mayd-group">MAYD</a> secured the site for $32.5 million in 2025, in what was one of the Gold Coast's largest property transactions of the year.

The development will be delivered across two stages, with the first stage carrying an estimated gross realisation value of around $360 million.

The latest amendments seek to reduce the overall apartment count and shift the project further toward the owner-occupier market, with larger residences designed for buyers wanting considerably more space than traditionally offered in a beachfront apartment.

The residential mix will include townhomes, oversized two-bedroom apartments, substantial three-bedroom residences and four-bedroom homes.

MAYD has appointed Cera Stribley to lead the architecture and interiors, with the Melbourne-based design practice drawing on the beachfront setting through a series of ocean-facing terraces and heavily landscaped balconies.

Strong horizontal forms and curved balconies will define the exterior, with subtropical landscaping integrated throughout the building to soften the built form and increase the connection between the residences and the beachfront.

The project will also include an extensive collection of resident wellness and lifestyle facilities, continuing the broader shift across the Gold Coast's luxury apartment market toward larger homes supported by resort-style amenity.

<img alt="MAYD" data-entity-type="file" data-entity-uuid="d1bcbb05-e659-4b47-8bd4-1e595315e2ad" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-27%20at%202.05.03%E2%80%AFPM.png?VersionId=jj0XEud1X1DuLt7_KyElhjMdZGOXmLHP" />

MAYD Founder Todd Mould said North Kirra was increasingly appealing to buyers attracted to the more established, lower-density character of the southern Gold Coast.

"North Kirra presents one of the most compelling luxury residential opportunities currently emerging in Australia, combining absolute beachfront with the character and authenticity that buyers are increasingly seeking, and the same sense of tight-knit community that defined Burleigh and Currumbin perhaps 10 or 15 years ago," Mould said.

"With Gold Coast Airport on its doorstep, it also offers a level of accessibility that broadens its appeal across almost every market demographic."

The project comes as the southern Gold Coast continues to attract an increasing share of high-end apartment development and buyer activity.

Kirra in particular has emerged as one of the region's more tightly held beachfront markets, with its relatively low-density character, established surf and hospitality scene and proximity to Gold Coast Airport differentiating it from the higher-density markets further north.

Mould said those characteristics had informed the approach MAYD and Cera Stribley had taken to the project.

"We've worked closely with Cera Stribley to create a vision that is deeply connected to its surroundings," he said.

"Inspired by the coastline itself, the architecture has been shaped around space, privacy and resort-style living, creating a collection of homes that reflects the next generation of luxury on the southern Gold Coast."

MOTIV Managing Director Carly Cottam, who has been appointed to market the project, said buyer attention had continued to move south along the Gold Coast.

"Purchasers who may once have defaulted to Broadbeach, Main Beach or Surfers Paradise are increasingly recognising the value of a genuine beachfront location that offers lower density, strong amenity and a more established sense of community," Cottam said.

"Kirra has a powerful combination of growing demand and genuine scarcity. Beachfront supply is inherently constrained, the area remains relatively low density, and buyers are increasingly placing a premium on locations that feel established, uncrowded and authentic rather than heavily developed."

Cottam said the proximity to Gold Coast Airport was also proving increasingly important for interstate and second-home buyers.

"Being minutes from Gold Coast Airport makes it particularly compelling for interstate buyers, frequent travellers and second-home purchasers who can access an authentic coastal lifestyle almost immediately after stepping off a flight."

The acquisition takes MAYD's active development portfolio to more than $500 million, with the North Kirra project representing one of its largest undertakings to date.

MAYD is targeting an early 2027 launch.

First look at MAYD's North Kirra mixed-use precinct

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Castle Hill, the longtime hub of the Hills District, has been one of the major beneficiaries of Sydney's Metro expansion, with improved connectivity helping drive continued population growth, development and buyer demand across the Hills District.

But despite that growth, the suburb has seen relatively few major new apartment projects brought to market over the past 18 months.

Hills District developer Reve Group is looking to fill that gap with <a href="https://www.apartments.com.au/new-apartments/nova-r-ve-castle-hill-2-garthowen-crescent-castle-hill-nsw-2154">Nova Rêve</a>, a major new mixed-use precinct on the corner of Garthowen Crescent and Old Castle Hill Road, a short walk from Castle Hill Metro Station and Castle Towers.

[smartcode_project:default project_id=152737 project_image_fid=377679]

The project will comprise three residential towers alongside a hotel, restaurants, cafes and a skybar, more than 1,600 sqm of ground-floor retail and almost an acre of landscaped gardens.

It represents the largest project undertaken by Reve Group, the development arm of the Kassis family, which has been building across the Hills District for more than 30 years through Kassis Homes.

[smartcode_project:default project_id=152737 project_image_fid=377675]

Nova Rêve also represents a significant step up from the family's first apartment development, Grand Rêve, which was delivered nearby on Garthowen Crescent.

Grand Rêve introduced larger, house-like apartment layouts and premium inclusions including Wolf and Sub-Zero appliances to the Castle Hill market.

Nova Rêve takes that approach to a precinct scale, combining the residential component with hospitality, retail and substantial public and resident landscaping.

[smartcode_project:default project_id=152737 project_image_fid=377685]

Reve Group Managing Director Sam Kassis said the project reflected the family's three decades of building in the Hills, which has evolved from trophy homes on quarter-acre blocks to larger-scale apartment development.

"Grand Rêve was our first apartment project here and it showed us what this pocket of Castle Hill could be. Nova Rêve is the refinement of that idea: not just apartments, but a place the whole suburb can use," Kassis said.

A key part of that approach is the hotel, which has been designed to operate as an amenity for the wider Castle Hill community rather than solely hotel guests.

It will include restaurants, cafes, skybars and all-day dining, alongside conference and event facilities catering to business functions, community groups and private events.

At ground level, more than 1,600 sqm of shops and cafes will open onto the surrounding streets and landscaped areas.

Almost an acre of gardens designed by Land and Form Studios will run through the precinct, incorporating pathways, seating, barbecue areas and children's play spaces.

[smartcode_project:default project_id=152737 project_image_fid=377680]

Reve Group's Romio Georges said creating an active ground plane had been central to the planning of Nova Rêve.

"There are gardens with pathways, barbecues, seating and play areas, shops and cafes opening onto the street, and a hotel with restaurants and a skybar that anyone in Castle Hill can walk into," Georges said.

The project's elevated position on one of Sydney's highest ridgelines will also provide apartments with outlooks toward the Sydney skyline, surrounding parkland and the Blue Mountains.

More than 80 per cent of the apartments will occupy corner positions, with Turner responsible for both the architecture and interiors.

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[smartcode_project_cta:default project_id=152737]

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Nova Rêve arrives as Reve Group bets on Castle Hill's next growth phase

A collection of just 25 large-format apartments and penthouses overlooking Goodwin Park is entering the Coolangatta market, with <a href="https://www.apartments.com.au/new-apartments/marea-residences-coolangatta-27-27a-dixon-street-coolangatta-qld-4225">Maréa Residences</a> combining a low-density, residential-only approach with uninterrupted park and Pacific Ocean outlooks.

Located at 27 Dixon Street, Maréa comprises three and four-bedroom residences alongside a limited number of dual-level penthouses, with the project positioned between Goodwin Park and <a href="https://www.apartments.com.au/developments/coolangatta-qld-4225">Coolangatta</a>’s coastal precinct.

Construction has commenced, with completion currently estimated for late 2027. Three-bedroom residences are priced from $1.8 million.

[smartcode_project:default project_id=150999 project_image_fid=374005]

The project has been designed around its northern outlook across the park, with the building’s architecture, landscaping and material palette intended to establish a connection with the neighbouring green space. The residences have been configured to maximise natural light and views across Goodwin Park towards the ocean.

Inside, the material palette incorporates timber, stone and brushed brass, complemented by curved detailing and ambient lighting. Kitchens and bathrooms carry the same natural material approach, while residences also include basement parking, storage and lift access.

Maréa’s penthouses are arranged over two levels and include private pools, adding another layer to the project’s focus on larger-format apartment living. Across the development, residences are configured with three or four bedrooms rather than the broader mix of smaller apartment types commonly found in larger projects.

[smartcode_project:default project_id=150999 project_image_fid=374010]

Resident amenity is concentrated at rooftop level, where landscaped entertaining terraces and pools take advantage of elevated views across Coolangatta and the Pacific Ocean.

The project has so far been particularly well received by local owner-occupiers and downsizers, according to Urban Activation Property Sales and Marketing Director Matt George, with the residential-only format, construction quality and northern park outlook among the features resonating with purchasers.

“The uninterrupted northern aspect overlooking Goodwin Park has been a key point of difference, with buyers attracted to the sense of serenity and open space the park provides, while still enjoying easy access to the ocean and being within walking distance of the lifestyle and amenities Coolangatta has to offer,” George said.

[smartcode_project:default project_id=150999 project_image_fid=374002]

“The combination of high-quality construction, a residential-only building, park outlook and proximity to the beach has resonated strongly with the local downsizer market.”

The Dixon Street address is within walking distance of Coolangatta Beach and the broader southern Gold Coast coastline, including the surf breaks at Snapper Rocks and Kirra. Coolangatta’s cafés, restaurants and retail are nearby, while Gold Coast Airport is also within close proximity.

[smartcode_project_cta:default project_id=150999]

Maréa Residences brings parkside apartments to Coolangatta

Melbourne developer PDG has secured Victorian Government approval for its $1.5 billion Southbank development <a href="https://www.apartments.com.au/new-apartments/the-one-1-queens-bridge-street-southbank-vic-3006">The One</a>, clearing the way for the long-dormant riverfront site opposite Crown to finally be developed.

The Minister for Planning has approved the project at 1-29 Queens Bridge Street, with the Department of Transport and Planning issuing the planning permit following its assessment.

The approval will allow PDG to develop the prominent 5,059 sqm site with a major mixed-use tower comprising premium apartments, including branded residences, a luxury hotel and boutique office space.

PDG acquired the site in late 2024, with its position directly opposite Crown's main entrance and near Melbourne's Arts Precinct making it one of Southbank's most significant remaining development opportunities.

<img alt="PDG" data-entity-type="file" data-entity-uuid="3933013e-6332-4386-b9be-089df05caf17" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-27%20at%209.29.22%E2%80%AFAM.png?VersionId=sITIgBqDL0N3VNSMwWEmF5UA.uvcsRyu" />

Designed by COX in collaboration with ODO and PDG, the tower's architecture draws on the movement of the Yarra River, with six vertical pleats running the height of the sculpted facade.

The project will also see the heritage-listed Queens Bridge Hotel restored and incorporated into the development&nbsp;with new hospitality and public uses, including a rooftop venue.

A significant component of The One will be its residential amenity.

More than 5,000 sqm of resident facilities will be delivered across a single level, making it one of the largest consolidated residential amenity offerings proposed in an Australian apartment development.

The planning approval also incorporates a major upgrade of Queensbridge Square, which PDG will deliver in partnership with the City of Melbourne.

<img alt="PDG" data-entity-type="file" data-entity-uuid="73167fcd-1031-4b6f-a408-a064cfe45ed1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-27%20at%209.29.17%E2%80%AFAM.png?VersionId=Pf1AEWxw6SNmBqR0zQW5lyEze.MtxgFp" />

The existing square will be revitalised as a new civic and pedestrian space along the Yarra River, strengthening the connection between the project, Southbank and the riverfront.

PDG Founder and Managing Director Vince Giuliano said the approval represented a major milestone for a site which has remained largely underutilised for more than 15 years.

“This is the most significant Planning Permit approval Melbourne has seen in recent years,” Giuliano said.

“For more than 15 years, this site has remained underutilised. This approval enables us to deliver a project that will contribute meaningfully to the revitalisation of Southbank, restore and reactivate an important heritage building, and create a new civic and hospitality destination for Melbourne.”

The latest approval follows an earlier planning permit issued by the City of Melbourne covering demolition works across part of the site at 9-29 Queens Bridge Street. Those demolition and early works are already underway.

PDG has also started generating early interest in the residential component from owner-occupiers ahead of a planned public launch in early 2027.

PDG secures approval for $1.5bn Southbank apartment development, The One

Commercial Auction

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A Caltex service station in the Central Coast town of Woy Woy has fetched $2.98 million at a recent auction.
Ray White Commercial sold <a href="https://www.realcommercial.com.au/property-retail-nsw-woy+woy-502107462" target="_blank">62-68 Memorial Ave</a> to a private investor for an annual return of 8.1%.
Its net rent was put at $243,000.
There was a lease in place until 2023 with three five-year options available.
It last sold at $200,000 in 1997.
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Woy Woy Caltex sold at $2.98 million

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A longstanding Melbourne butcher shop has been listed for sale. It has recently renewed a three year lease to 2019 however there is the opportunity to extend it until 2025.
The single tenant investment at 135 Main Street Pakenham has a a rent of $67,638 pa.a with a fixed annual rent increase of three percent with the tenant paying all usual outgoings. It has a large 250 sqm area site with dual retail frontage to main street and a public car park at the rear of the building. It has also been approved for premium Commercial 1 zoning. 
The building is in a central position within the thriving retail strip with numerous national retailers nearby including CBA, Chemist Warehouse, Westpac, ANZ and Australian Post to name just a few, it is also to close proximity to Pakenham train station.
The Pakenham and Cardina Shire Council is undergoing significant residential development with 94,492 population forecasted to grow to 175,453 by 2036.
The auction is on October 26 through Burgess Rawson agents Doug Doyle and Shaun Venables.
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Longstanding Pakenham butcher shop for auction

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A trophy shopping outlet in Melbourne's Windsor has been sold under the hammer for $14,960,000.
Conways Corner at 125-131 Chapel St, Windsor was sold to a private investor.
There were four bidders at the auction held by Hockingstuart Commercial agent Charles Carty.
The corner freehold premises has eight secure tenants, including Mad Mex, Basilico Restaurant, Yoga Australia and Reymond Communications.
It is expected that the property will return a yield of five percent with the current rental income being $556,096 per annum.
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Trophy Chapel Street shopping outlet sold for $14.9 million

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A property on the Yarra River in Melbourne's Hawthorn is on the market with expectations higher than $4 million according to agents Teska Carson.
The property, 96 – 98 Morang Road, comprises a two level commercial office building (nonconforming use rights) with four separate tenancy areas over 870 square metres, and two separate car parking areas providing for 19 car spaces on a generous 1180 square metre site zoned Residential 3 (R3Z).
It will be auctioned Thursday, 20 October on site.
Teska Carson’s Tom Maule said the property is currently leased to three separate tenants with a current income of $150,600 per annum with a potential fully leased income would be circa $185,000-$200,000 per annum.
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$4 million expected for rare river frontage site in Hawthorn

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A shop and apartment with independent leases in Sydney’s inner west suburb of Dulwich Hill will go under the hammer through Raine &amp; Horne on September 20.
The shop on the ground floor shop is leased to a dental practice, with its lease expiring late-2017.
The first floor comprises a two-bedroom unit and has a separate lease.
The total site area is nearly 202 sqm.
Zoned B2 Local Centre, the property is suited for a range of future uses or developments.
The site is surrounded by cafes, restaurants, banks and shops and close to transport. 
The selling agent is Luke Smith of Raine &amp; Horne Commercial.
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Shop and unit in Sydney's Dulwich Hill beckons investors at Raine & Horne auction

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Three childcare centres in Victoria, all leased to ASX-listed G8 Education, are to go under the hammer separately at a Burgess Rawson portfolio auction on September 14 in Melbourne.
The centres are in <a href="https://www.burgessrawson.com.au/buying/VIC/South-East/Cranbourne/MedicalorConsulting/3P1381#.V7pccGXwxPM" target="_blank">Cranbourne</a> (rent $89,187 per annum), <a href="https://www.burgessrawson.com.au/buying/VIC/Geelong-and-District/Ocean-Grove/MedicalorConsulting/3P1380#.V7pgSmXwxPM" target="_blank">Ocean Grove</a> (rent $134,596 pa) and <a href="https://www.burgessrawson.com.au/buying/VIC/West/Tarneit/MedicalorConsulting/3P1379#.V7pgqmXwyb8" target="_blank">Tarneit</a> ( rent $183,633). 
The current secure 10-year lease runs to 2024 with further options till 2054. The tenant pays all outgoings including land tax.
G8 Education Ltd is an early education provider with more than 450 centres across Australia.
There are annual rent reviews plus market reviews every five years.
The selling agents are Adam Thomas and Natalie Couper.
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Three childcare centres in Victoria to go under the hammer at Burgess Rawson auction

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A strata store leased to men’s designer swimwear brand Orlebar Brown in Sydney’s Bondi Beach will go under the hammer on September 6. 
The British label recently opened its flagship store on <a href="https://www.gunningre.com.au/1P4098" target="_blank">1/79 Gould Street, Bondi Beach</a>, signing a six-year lease that commenced in June.
Orlebar Brown’s entry is another example of Bondi’s status as an affluent beachside location and joins the swimwear label’s other top-end locations such as St Tropez, Cannes, London’s Notting Hill, Mayfair and New York’s Soho.
Gunning’s director of Metropolitan Sales and Investments Tom Speakman said Bondi has undergone many changes and is a tightly held commercial and retail property market.
“Bondi is one of the hottest locations in Australia with its mix of high end brands and popup shops, eateries, luxury accommodation and lifestyle products,” Speakman said. 
In the last 30 years, Bondi has grown from a suburb with a median house price of $246,000 to recording one of the highest apartment sales in the country at $25.2 million at the renowned Pacific Bondi Development, according to the media release.
“The locals are affluent, with a high proportion of professionals, creatives and merchant bankers living in the area. Sixty per cent of residents are in managerial or professional roles, earning some 50 per cent above the Sydney average wage, which makes it appealing to retailers,” Speakman said.
The net rental for the 57 sqm store is $105,102 annually, exclusive of GST with options until 2026. There will be four percent increases from 2019.
The property will be auctioned at auctionWORKS at Sydney’s  50 Margaret Street.
The listing agents are Tom Speakman and Harry Sullivan of Gunning Real Estate.
 
 
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Bondi shop leased to fashion swimwear label goes to auction

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A freestanding shop and dwelling at Seaford on Melbourne’s south-eastern bayside will go under the hammer on August 25 with price expectations of more than $800,000.
The 290 Seaford Road property comprises a solid brick shop and double storey, three bedroom, dwelling totaling 250 square metres. It is located within Belvedere Park Shopping Centre on the intersection of Frankston-Dandenong Road and Seaford Road. 
Teska Carson’s George Takis and Gideon Marcus are marketing the property.
The retail and residential components have the potential for separate tenancies.
Belvedere Park Shopping Centre comprises about 20 specialty retailers anchored by an IGA supermarket. 
“With interest rates low and returns from other asset classes somewhat less attractive recently we are seeing the smaller investor and self-managed super funds enter the market in much higher numbers and it’s properties such as this that have been prominent in sales results,’’ Marcus said.
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Shop and dwelling up for auction in Melbourne's Seaford

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A 635 sqm site in the Sydney suburb of Eastwood has sold at auction through Ray White Commercial for just over $3 million. 
The property, 22 East Parade, Eastwood, was sold to a private Chinese investor on behalf of a charitable organisation for a yield of 2.0 percent. 
Jeff Moxham of Ray White Commercial said the property received more than 75 enquiries, almost 40 in the first week.
“More than 20 contracts were issued prior to the in-room auction with an estimated 10 purchasers attending to bid,” he said. 
“The bidding competition was strong for this investment with the purchasers holding a long term view for the property. The property benefits from 11 on-site parking spaces and a flexible existing floor plan.”
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Eastwood Sydney site sold for over $3 million

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A land parcel with a Victorian building previously used for medical consultation and close to Epworth Hospital in Melbourne's Richmond is up for auction with expectations of circa $1.5 million.
The 24 Erin Street property will go under the hammer on August 11 through Teska Carson.
It comprises a 175 square metre standalone, single-level, Victorian Italianate building on a 244 square metre site, zoned Neighbourhood Residential Schedule 1.
The property is being marketed by Teska Carson's Matthew Feld and Adrian Boutsakis.
Feld said the property was well suited to its current use as a consulting suite, but given its Neighbourhood Residential Schedule 1 zoning, it had the potential for residential conversion with a maximum five homes at a height of eight metres.
The property is close to public transport, the Yarra River and the Royal Botanic Gardens.
It will be sold with vacant possession.
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