The new <a href="https://www.apartments.com.au/new-apartments/yarraville-green-42-stephen-street-yarraville-vic-3013">Yarraville Green</a> development in Melbourne's inner west is showing that landscaping can be just as influential as architecture, with buyers responding strongly to the garden-first approach adopted from the outset by developer Excelon Projects and the project's design team.

Excelon appointed Six Degrees Architects and landscape architects SBLA to work collaboratively on the development, with a brief to create "a sustainable, design-led building with a focus on community."

That approach has resonated with buyers. According to Next Chapter Director Tom Hirini, who is leading the sales campaign, the landscaped communal garden has become one of the project's defining features, alongside its boutique scale and European-inspired cluster housing concept.

Local downsizers, right-sizers and established families already living in Yarraville and surrounding suburbs have accounted for the majority of purchasers.

[smartcode_project:default project_id=144913 project_image_fid=297740]

Yarraville Green will comprise 53 homes, including apartments and townhomes, arranged around the shared central garden to maximise connections to the landscaped open space. Parking has been moved underground, allowing the ground plane to be dedicated to greenery, pedestrian movement and communal spaces.

The landscape extends well beyond passive planting. Productive garden beds, a pergola, communal gathering spaces, garden sheds and a pet wash have all been integrated into the masterplan, creating spaces designed to encourage everyday interaction between residents.

[smartcode_project:default project_id=144913 project_image_fid=297741]

The interiors continue Excelon's focus on craftsmanship, incorporating bespoke elements by Melbourne artisans including leadlight detailing by Adadaz, hand-turned timber hardware by Auburn Woodturning and blown-glass lighting by Ruth Allen.

Sustainability has also been embedded throughout the project, with Yarraville Green targeting an average 7-star NatHERS energy rating through passive design principles, rooftop solar servicing common areas and rainwater harvesting for landscape irrigation.

[smartcode_project:default project_id=144913 project_image_fid=297735]

Construction continues to progress at Yarraville Green, with structural works well underway and framing works approaching completion under builder Balmain &amp; Co. The project remains on track for completion in mid-2027.

Apartments at Yarraville Green are currently priced from $625,000, while townhomes start from $1.4 million.

[smartcode_project_cta:default project_id=144913]

Joel Robinson

Garden-led design drives buyer demand at Yarraville Green

National diversified developer Fortis has officially launched Crest &amp; Walker, its latest Brisbane apartment development, with construction now underway on the 20-storey Newstead project.

Award-winning builder BINAH has commenced construction on the Bureau^Proberts-designed building, which will deliver a limited collection of 65 two and three-bedroom apartments on Kyabra Street.

[smartcode_project:default project_id=145922 project_image_fid=373556]

The project marks Fortis' fourth active residential development in Brisbane, following River House, which is nearing completion, alongside projects in New Farm and Hamilton as the national developer continues to expand its South East Queensland pipeline.

Fortis General Manager – Development Queensland Dan Boman said Crest &amp; Walker reflects the developer's long-term commitment to delivering design-led residential projects in Brisbane's established inner-city suburbs.

"We're proud to be strengthening our presence in Brisbane with Crest &amp; Walker, particularly in such a sought-after lifestyle destination as Newstead," Boman said.

"Every Fortis project is shaped by its context, and we approach each one with the respect and care it deserves.

"Our focus is always on creating places that feel connected to their neighbourhood and elevate the everyday experience for residents. Newstead continues to evolve as one of Brisbane's most sought-after urban communities, and Crest &amp; Walker reflects our ambition to contribute meaningfully to that story."

[smartcode_project:default project_id=145922 project_image_fid=373559]

Positioned between Gasworks Plaza and James Street, <a href="https://www.apartments.com.au/new-apartments/crest-walker-newstead-12-kyabra-street-newstead-qld-4006">Crest &amp; Walker</a> has been designed as a boutique residential address offering privacy and generous living spaces within one of Brisbane's most established lifestyle precincts.

The building features a contemporary brick podium softened by integrated landscaping, while the upper levels are characterised by restrained architecture and enduring materiality. Interiors have been designed to maximise natural light, acoustic performance and long-term liveability.

[smartcode_project:default project_id=145922 project_image_fid=373583]

Residences comprise spacious two and three-bedroom floorplans, with two-bedroom apartments priced from $1.55 million and three-bedroom, half-floor residences from $3.95 million.

Residents will have access to a wellness-focused rooftop featuring a swimming pool, sauna, steam room, landscaped dining spaces and outdoor lounge areas overlooking Newstead and the Brisbane CBD.

[smartcode_project:default project_id=145922 project_image_fid=373571]

Sales are being managed by Slaite Projects, with Fortis expecting strong demand from owner-occupiers seeking a high-quality, design-focused apartment in one of Brisbane's most tightly held inner-city suburbs.

Completion of Crest &amp; Walker is slated for late 2028.

[smartcode_project_cta:default project_id=145922]

Fortis expands Brisbane pipeline with launch of Crest & Walker in Newstead

The enormity of delivering a true skyscraper in Australia's new development market is often overlooked.

It has taken the best part of a decade since plans for Chevron One were first unveiled, but the 41-storey tower is now complete, with residents collecting their keys and moving into what has become one of the Gold Coast's most recognisable new landmarks.

Rising 127 metres above Chevron Island, Chevron One stands almost twice as high as any other building on the island. Its scale places it alongside the trio of towers at Jewel, arguably the last truly significant addition to the central Gold Coast skyline when they were completed around six years ago.

While there are several developments underway around a similar height to Chevron One, they are more concentrated within clusters of the highest towers in the city. The fact Chevron One sits within a developing precinct, looking back at the other high-rise developments in Surfers Paradise and Broadbeach, makes it a different proposition altogether. It will certainly become a reference point on the Gold Coast skyline.

[smartcode_project:default project_id=6515 project_image_fid=68833]

Developer Bensons Property Group is behind the 41-storey tower, which has 229 apartments, along with an exhaustive list of resident amenity spread across what is the largest development site ever assembled on Chevron Island.

The tower has been the talk of the town for years, says Ray White Projects Gold Coast agent Caitlin Rosenboom, who is selling the remaining apartments.

"People have been watching Chevron One go up for years," Rosenboom says, adding that many prospective buyers have been surprised by the scale of the views once they step inside.

"It's only when they walk through a completed apartment that they truly understand the position of the building," Rosenboom says.

"The views are jaw-dropping. Whether you're looking east over the ocean, across Surfers Paradise, along the river systems or out to the hinterland, every level offers something different but equally impressive."

[smartcode_project:default project_id=6515 project_image_fid=360215]

One of Chevron One's defining advantages is its location on the eastern side of Chevron Island on Stanhill Drive, a position which protects the views forever.

"There's only one row of houses between Chevron One and the water, and the height restrictions along the river means views from Chevron One can never be built out,"&nbsp;Rosenboom says.

While new apartment developments continue to emerge across the Gold Coast, Rosenboom says opportunities to secure a completed apartment with this level of outlook are becoming increasingly rare.

"The size of the site is something that would be incredibly difficult to replicate today," she says.

"That's allowed Chevron One to deliver the sort of amenity, open space and resident facilities that very few projects can offer. There are not many completed apartment buildings on the Gold Coast right now that can compete with the combination of scale, quality and amenity."

[smartcode_project:default project_id=6515 project_image_fid=68839]

There's around 2,000 sqm of amenity solely for the use of residents of Chevron One. Club One features a uniquely shaped swimming pool that mirrors the footprint of the building itself, set within a extensively landscaped gardens. There's also an indoor pool and spa, a fully equipped gym with a Pilates room, a yoga garden, a bookable private dining area and lounge that can host up to 30 people, and a 24-hour concierge service.

As for the buyers, Rosenboom is fielding enquiry from everywhere: Sydneysiders and Melburnians looking at the new and off-the-plan market following the changes in the Federal Budget, as well as those looking to relocate, through to South East Queenslanders seeking either a permanent home or a weekender bolthole.

"The Gold Coast lifestyle continues to resonate with people relocating from the southern states, and when they see the views and the quality of what's been delivered at Chevron One, it becomes very easy for them to understand the appeal," Rosenboom says.

A diverse mix of one, two and three-bedroom apartments remain available, with each offering "something a little different", be it the orientation and views, configuration, or level, to suit a wide variety of buyers.

The remaining apartments are ready to inspect in person, by appointment.

[smartcode_project_cta:default project_id=6515]

A decade in the making: Residents to move into Chevron One as construction wraps up

A general rule of thumb in new apartment developments is that the penthouses get the rooftop.

It's a formula that's become commonplace across Australia's apartment market. Residents might have access to a pool, gym or barbecue facilities on a dedicated lower level, but the most desirable outdoor spaces are typically reserved for the highest-priced homes at the top of the building.

<a href="https://www.apartments.com.au/developers/sherpa-property-group">Sherpa Property Group</a> has taken the opposite approach.

Rather than dedicating the rooftop to a handful of buyers, the Gold Coast developer has made it the centrepiece of its Flourish collection, creating expansive shared spaces from the best vantage point in the building.

The philosophy has reached its most ambitious expression at <a href="https://www.apartments.com.au/new-apartments/flourish-soleira-palm-beach-1150-1160-gold-coast-highway-palm-beach-qld-4221">Flourish Soleira</a> in Palm Beach, where two rooftop precincts connected by a skybridge will deliver one of the most extensive lifestyle offerings seen in a residential apartment project on the Gold Coast.

[smartcode_project:default project_id=150017 project_image_fid=374053]

"We're seeing a clear move toward developments that offer more than just an apartment," Sherpa Group founder Christie Leet said.

"People want spaces that support how they actually live, whether that's working from home, staying active, or spending time with family and friends.

"That's where amenity becomes critical. It's not just about what's included, but how those spaces are designed to be used every day."

[smartcode_project:default project_id=150017 project_image_fid=374052]

The breadth of amenity has already attracted buyers across multiple demographics. Younger first home buyers have been drawn to Soleira's one-bedroom apartments, a product rarely delivered in Palm Beach, while families have responded to practical inclusions such as the shallow children's pool adjoining the main lap pool and the extensive communal recreation areas.

Instead of a single rooftop, Soleira delivers two distinct lifestyle zones.

[smartcode_project:default project_id=150017 project_image_fid=372547]

The southern rooftop has been dedicated to wellness, featuring a gym, yoga and Pilates studio, work-from-home facilities, a wellness centre, spa, and hot and cold plunge pools.

The northern rooftop focuses on recreation and entertaining, incorporating a heated resort-style pool, private dining rooms, pizza ovens, barbecues, a golf simulator, children's recreation areas, and what is expected to be the Gold Coast's first rooftop basketball court, which will also double as a squash court.

[smartcode_project:default project_id=150017 project_image_fid=374054]

Beyond the rooftops, Soleira will introduce 1,500 sqm of curated retail beneath the towers, creating one of Palm Beach's first genuinely mixed-use lifestyle precincts where cafés, restaurants and convenience retail become part of residents' everyday lives.

Sherpa has also retained management rights across the development, allowing it to oversee the long-term operation of the building through a 24-hour concierge model. The developer is also exploring additional revenue streams within the precinct aimed at helping offset ongoing body corporate costs for residents.

[smartcode_project:default project_id=150017 project_image_fid=370962]

While Soleira is the largest project Sherpa has delivered, the rooftop-first philosophy has been evolving for several years.

It began with <a href="https://www.apartments.com.au/new-apartments/amargo-6-12-sixth-avenue-palm-beach-qld-4221">Flourish Amargo</a>, the first project released under the Flourish brand. Rather than competing at the ultra-luxury end of the market with oversized half-floor and full-floor residences, Sherpa focused on creating lifestyle-driven apartments supported by resort-style shared spaces.

Amargo introduced more than 800 sqm of rooftop amenity, combining wellness facilities, heated pools, entertaining areas, cabanas, pizza ovens and private dining spaces into what was designed as an extension of residents' homes rather than a facility used only occasionally.

[smartcode_project:default project_id=146527 project_image_fid=366550]

That approach continued with Flourish Oasis, where the same amenity-led philosophy was refined into a more boutique development. Strong demand from Sherpa's growing VIP database saw much of the project sold before it reached the broader market, reinforcing buyer appetite for apartment communities centred around shared lifestyle experiences.

Flourish Amargo is slated for completion mid-way-through next year, with Oasis to be delivered by late 2027. Flourish Soleira is expected to complete in 2030.

[smartcode_project_cta:default project_id=150017]

Sherpa takes amenity to the sky as Flourish Soleira captures booming Palm Beach demand

As apartment living continues to evolve across Sydney's growth corridors, the quality and distribution of shared spaces is increasingly shaping how residents experience home. Rather than functioning as add-ons, amenities are being embedded into the daily rhythm of a building, supporting everything from quiet retreat to social interaction, often within a single vertical community.

At <a href="https://www.apartments.com.au/new-apartments/aeris-melrose-park-nursery-street-melrose-park-nsw-2114">Aeris</a> in Melrose Park, this approach is resolved through a layered amenity offering that unfolds from ground level through to its upper podium. Developed by <a href="https://www.apartments.com.au/developers/sekisui-house-australia">Sekisui House Australia</a> in partnership with Hankyu Hanshin Properties, the project introduces 468 apartments across two towers and a mid-rise building, positioned at the highest point of the broader masterplan.

[smartcode_project:default project_id=426 project_image_fid=359199]

The amenity experience begins at street level, where two courtyards sit within a landscaped setting that connects residents to the wider network of parks and green spaces. These green spaces are not isolated pockets but part of a wider pedestrian network that links Aeris to the surrounding <a href="https://www.apartments.com.au/developments/melrose-park-nsw-2114">Melrose Park</a> precinct, including Central Park, future schools, and the Town Centre opening in July 2026. The result is a transition that moves from public to private without abrupt boundaries, allowing residents to pass through shaded, tree-lined environments before reaching the building itself.

Moving upward, the focus shifts to the level five podium, where the primary communal facilities are concentrated. This space brings together a 16-metre swimming pool, outdoor seating areas, and a communal BBQ zone arranged to take advantage of elevated outlooks. Seating is positioned beneath pergolas, creating pockets of shade that extend the usability of the space throughout the day. The pool edge aligns with views toward the wider district, reinforcing the sense of elevation that defines the project’s positioning.

In the adjacent building, this is complemented by quieter, more contemplative spaces, including an outdoor cinema set within the same level. Positioned to operate primarily in the evening, it introduces a different tempo to the shared environment, shifting from daytime activity to after-hours use without requiring separate zones.

[smartcode_project:default project_id=426 project_image_fid=360299]

The podium also accommodates an intimate private resident gym. Located on the lower levels, it gives residents convenient access to fitness facilities without leaving the building.

Above, the elevated podium sky deck extends the amenity offering, providing additional open-air spaces with elevated outlooks across the surrounding landscape. While more restrained in program, this upper level reinforces the project’s vertical progression, from ground-level greenery to elevated outlook, allowing residents to move between distinct spatial conditions within a single address.

This distribution of amenities reflects a deliberate response to how residents use space across the day. Sekisui House Australia Sales and Marketing Director Peter Kalaf points to the role these shared areas play in shaping buyer demand. Aeris has been conceived as more than a collection of apartments, with the podium pool, gym and outdoor cinema forming part of a broader lifestyle offering that extends the home beyond each individual residence.

[smartcode_project:default project_id=426 project_image_fid=360300]

What distinguishes Aeris is not the inclusion of these elements individually, but how they are arranged in relation to one another. Active, social, and passive spaces are layered vertically rather than separated, allowing residents to choose between them without leaving the building or moving far from their apartment. This proximity supports both routine use, such as a morning swim or evening workout, and more occasional gatherings, whether around the BBQ area or within the cinema setting.

The amenity design also sits within a broader framework of connectivity across Melrose Park. The Melrose Park Town Centre, anchored by Coles and Dan Murphys, features a mix of retail, dining, health and lifestyle offerings, bringing everyday convenience closer to residents. By the end of the year, more than five hectares of parks and open space, equivalent to around seven football fields of green space on residents' doorstep, will further enhance the precinct, allowing the internal facilities at Aeris to operate as an extension of the wider neighbourhood rather than a substitute for it.

Construction at Aeris continues to gather momentum, with ground floor slabs expected to be completed in late 2026 before the first sections of the buildings begin to rise above ground.

[smartcode_project_cta:default project_id=426]

Elevated amenity anchors daily life at Aeris, Melrose Park

Commercial Lease

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Travel Agency, Classic Mooloolaba, has agreed terms on a new lease in Melbourne’s CBD in a deal negotiated by Savills Australia.
Located next to Coles Central, the Shop 5, 2-26 Elizabeth Street property comprises a 19square metre tenancy leased on a three year term with options at a rental in excess of $8600 per annum gross.  
According to Savills Australia Retail Executive, Jock Thomson, who brokered the deal with colleague Michael Di Carlo, the tenant, required a modern CBD premises with excellent exposure.
Mr Thomson said the deal represented great value for both the owner, Fivex Pty Ltd, and the tenant, which will have the opportunity to increase its trade through the enormous foot traffic and exceptional exposure to Elizabeth Street.  
"The location, on the eastern side of Elizabeth Street, between Flinders Street and Flinders Lane is one of the busiest sections of any street in Melbourne, catching both commuters and tourists through its proximity to Flinders Street Station.
"This is an ideal location for this type of business,’’ Mr Thomson said.   
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jchancellor-FAypfDUnLy

Savills lease Classic Mooloolaba retail space in Melbourne

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The first Burgess Rawson portfolio auction of the year saw a Vodafone facility on the Gold Coast fetch $6.1 million.
Auctioneer David Scholes advised there was a renewed secure 10 year net lease to June 2025 plus options to 2035.
<a href="https://www.burgessrawson.com.au/buying/QLD/Gold-Coast/Arundel/Office/4P0195#.VszCAYx96AI" target="_blank">Leased to Vodafone</a>, the tenant has been in occupation for 15 years at the strategically positioned telecommunications facility located at Arundel 7 km from the Southport CBD.
It is one of only three Vodafone high tech facilities in Queensland with a site area of 2,738 sqm.
Its annual rental increases are 3.5% until 2020 and 3.25% until 2024, with the tenant paying all outgoings including and tax.
Its net income was $430,000 pa + GST, increasing to $445,050 pa + GST in June 2016.
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Gold Coast Vodafone facility fetches $6.1 million at Burgess Rawson auction

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Frasers Property Australia (formerly Australand) has secured its first tenant in Horsley Drive Business Park, which will be the first six star Green Star industrial precinct in Australia.  
Martin Brower Australia has entered into a 20 year lease for an 18,559 sqm facility comprising warehouse and 3,000 sqm office space. The facility will accommodate dry store, chiller, freezer and chilled staging areas in the warehouse. 
Frasers Property is focused on delivering direct and real benefits to our customers by reducing their total occupancy costs and operating expenses, whilst also improving their health and wellbeing.
Over 300 people will be located in Martin Brower Australia’s new facility.
Horsley Drive Business Park is a 20.4 hectare site owned by the Western Sydney Parkland Trust (WSPT) and is located on the corner of Cowpasture Road and Horsley Drive. Frasers Property has entered into a development agreement with WSPT to deliver a high quality industrial estate with a mix of facility types.
Jackie McArthur, managing director of Martin Brower Australia the business were supply chain partners to McDonald’s globally, and will service approximately 300 restaurants from this site which is ideally located with accessibility to Sydney’s major transport networks.
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Martin Brower takes Horsley Drive Business Park lease

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Skincare brand Origani is the newest entrant on Melbourne’s Swanston Street shopping strip.
The beauty giant has signed a seven-year lease for its first street store in the Melbourne CBD. 
The store at 191 Swanston Street will be spread over 56 square metre at an annual rental of $4,303 per sqm.
CBRE’s Zelman Ainsworth and Samantha Hunt brokered the off-market deal for Erdi Group.
Ainsworth said the deal was evidence of strengthening demand from international retailers looking to acquire street stores in the Melbourne CBD over shopping centre outlets.
“While shopping centres have traditionally been Origani’s preferred target location, on the back of unmatched traffic and retail spend in the Melbourne CBD, the retailer was eager to secure a presence in the sought after hub,” Ainsworth said.
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Origani scoops beauty spot in Melbourne CBD shopping hub 

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Technical services provider Jacobs has finalised the biggest leasing transaction in North Sydney this year after committing to occupy 6,872 square metre of space in 177 Pacific Highway.
The $413-million building is being developed by CIMIC Group through Leighton Properties on behalf of Suntec Real Estate Investment Trust (Suntec REIT).
The 40,000 square metre project is the largest commercial development in the North Shore.
Under the lease agreement, Jacobs will relocate its headquarters to 177 Pacific Highway from its nearby premises in St Leonards.
Nearly 600 Jacobs’ staff will be involved in the move to <a href="https://177pacific.com.au" target="_blank">177 Pacific Highway</a>.
The building will incorporate state-of-the-art design elements, large floor plates, harbour views, full end-of-trip facilities and green credentials.
 “Jacobs’ commitment demonstrates increased activity from tenants wanting to relocate to North Sydney, with this being one of the largest commitments in the area in many years," said Peter Flint, CBRE head of office services for NSW. 
The Jacobs agreement follows a series of recent deals in the project’s food precinct, with Naked Duck Restaurant and Café, and Sushi Jones to occupy the retail space in the Garden Plaza, which is designed as the centrepiece of the 177 Pacific Highway development.
The ground floor will feature the indoor, all-weather Garden Plaza protected by a 15-metre high glass façade and provide a place for tenants, surrounding workers and other members of the surrounding community to relax and enjoy a variety of culinary experiences.
The 30-level office tower designed by Bates Smart will be complete in 2016.
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Jacobs to move into office tower in North Sydney's largest lease deal for 2015

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High performance compounds and concentrate supplier A.Schulman Pty Ltd has moved to Melbourne, with the company acquiring an industrial warehouse/office for its Australian operations.
Located in Melbourne's south east, the subsidiary of Ohio-based global materials firm A.Schuman Inc. has secured the long term tenancy of <a href="https://www.realcommercial.com.au/property-industrial+warehouse-vic-mordialloc-501745722" target="_blank">1/13 Japaddy Street</a> in Mordialloc.
Leasing agent Ryan Amley of Ray White Commercial Oakleigh said the versatile property is strategically positioned off Boundary Road in the sought after Braeisde industralia precinct.
The 1672 sqm building area includes a 193 sqm partitioned office space and 178 sqm of warehouse.
The site also features a 6.9 metre high clearance warehouse, two container height roller doors and a heavy power supply.
Headquartered in Akron, Ohio, A. Schulman employs about 3,000 people worldwide and has manufacturing and support facilities in North and South America, Europe and the Asia-Pacific region. Its stock is quoted on the Nasdaq National Market System.
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jrobinson-rf4aSBido9

Mordialloc industrial site leased

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Axieo Specialties has leased 556 square metres of office space at 16 Giffnock Avenue in Sydney's Macquarie Park.
The property was leased at $290 square metres net for a term of five years.
“Axieo were looking to upgrade their current premises at Seven Hills and <a href="https://www.realcommercial.com.au/property-offices-nsw-macquarie+park-501022175" target="_blank">16 Giffnock Avenue</a> ticked all the boxes.
The offices were refurbished and it was in a location which was easily accessible by public transport and major motorway connections,” said Tom Merrett of Savills Australia who brokered the deal on behalf of Stockland.
“There is a growing trend of businesses moving down the M2 to Macquarie Park to take advantage of improved public transport infrastructure.”
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Macquarie Park office site leased by Axieo through Savills

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Playfair House at 2 Ridge Street, North Sydney passed in on a bid of $2.85 million when auctioned last Saturday.
It is an <a href="https://www.domain.com.au/2-ridge-street-north-sydney-nsw-2060-2012339885" target="_blank">1885 five-bedroom Victorian terrace</a> Playfair House which came with $3 million hopes.
Listing agent Jennifer Hampton, had issued 10 contracts on the commercial-residential zoned property.
It is currently leased as a commercial property until January 2016.
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Playfair House, North Sydney offering passed in

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Fitness group Functional 45 (F45) Training, whose workout style helped Hugh Jackman shape up for his Wolverine role, has opened another Gold Coast gymnasium at Southport.
F45 has leased 254 square metres on the ground floor of the Gold Coast TAFE Building at 28/30 Scarborough Street.
The lease is five plus five years at a gross rental of $63,000 per annum.
Started in Australia, F45 is the brainchild of Sydney trainer to the stars Luke Istomin and focuses on high intensity workouts. 
The leasing agent was Adam Grbcic of Ray White Commercial on behalf of the Queensland government.
“This is ideal space for F45 as it is located in the Southport CBD and offers access to the Light Rail and TAFE parking,” Grbcic said.
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F45 opens new workout centre in Gold Coast

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Southbank is emerging as one of Melbourne’s most sought after office tenancy localities.
Australian education and training provider Real Institute recently leased a whole floor office, spread over 1,300 square metres, at level 3, 4 Riverside Quay.
The tenant has committed to a three-year term.
CBRE’s Anthony Park negotiated the deal for Cargill Australia, while Jay Pavey from Leon Baxter acted for Real Institute.
Real Institute moved to Southbank because of its prime location, easy access to lifestyle amenities and transport linkages, Park said.
“The Southbank precinct is currently benefiting from significant residential and commercial growth, with a number of businesses including Real Institute and PWC committing to spaces in the area,” he said.
“The limited A-grade space currently available along St Kilda Road is prompting tenants to consider other city fringe locations, such as Southbank."
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