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.

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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.

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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.

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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.

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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."

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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.

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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.

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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.

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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.

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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."

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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."

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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.

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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.

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"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."

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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.

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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.

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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.

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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.

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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.

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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.

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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 Listing

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A student accommodation provider has put a portfolio of 14 long-term leasehold properties in central Sydney on the market through Savills.
The Furnished Property business currently provide 326 beds in 203 bedrooms and offer student and short-stay accommodation.
The listing comes amid a trend of increasing student numbers in the Harbour City. 
Full time international student numbers in Sydney’s five largest central Sydney universities showed strong growth in the last two years of available data (2014/2015) with increases of 4,115 and 3,221 respectively, according to Savills. 
Anecdotally, it appears that this growth has continued in 2016/2017, it says even as supply struggles to keep up with demand.
Savills Research indicated that 2,022 beds are in the development pipeline with development approval, or under construction, with expected completions from 2018-2020. 
The marketing is being handled by Conal Newland of Savills Australia.
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Newland had previously noted that there was a "critical undersupply" of appropriate Purpose Built Student Accommodation (PBSA) in Sydney.
The Furnished Property portfolio currently targets students, but is flexible enough to attract other occupiers.
“First established in 2001 by the current owners of the Furnished Property Business, the portfolio has steadily grown over the last 16 years. Its extensive track record of profitable performance demonstrates excellent margins and growth and includes a diversified range of accommodation offerings,” said Newland.
The portfolio comprises self-contained studios, one and two-bedroom apartments, together with twin and triple shared bedrooms. Most properties have communal facilities.
The majority of the properties are within 3.5 km of the Sydney CBD and all are close to amenities and public transport, according to Savills.
The expressions of interest campaign for Furnished Property closes July 19. 
“This portfolio presents an existing opportunity to acquire a well-established student housing business with significant opportunities to enhance returns and expand further into Sydney’s buoyant short-term accommodation market,” Newland said.
 
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prateek24-ezbwHMbNAk

Furnished Property lists 14 student accommodation properties for sale 

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Sydney's Verandah hotel in Martin Place has been listed for sale by current owner Dean Haritos through Ray White Hotels.
The hotel, with 1000sqm of licensed footprint is at 60 Castlereagh St and fronts both Castlereagh and Elizabeth Sts.
It currently has a long term lease to Dexus Property Group for 29 years and an annual revenue of $7 million.
Andrew Jolliffe, director, Ray White Asia Pacific said the catchment area, commencing with the 20 floors directly above the hotel and the MLC Tower director opposite, is simply huge.
"With the Federal Court system and newly repurposed Macquarie Bank world headquarters both in very close proximity, the sheer weight of in-situ potential clientele is truly unique,” he said.
“Not to mention the 200 trains per hour forecast to arrive virtually on the hotel’s front door once the State Government funded Metro Station works are completed. With a strong labouring workforce to occupy the vicinity between now and then.
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"The redevelopment of Martin Place Metro station is a phenomenal injection of infrastructure investment in the CBD precinct, bringing some 10,000 commuters to the Verandah doorstep every hour in peak periods; and really speaks to the future-proofed nature of revenue for businesses like Verandah
"Added to which, the ownership of the hotel and 20 very valuable poker machine licences, underwrites the asset value, and provides for a substantive commercial advantage for share of hospitality dollar in one of the most densely populated corporate and retail precincts in Australia.
"Popularity, quality, and the sheer size of the licensed area at Verandah facilitates regular food and beverage revenue at levels not regularly replicated within the industry.
"Added to which is the fact the hotel was last year ranked in the State's Top 200 gaming hotels, illustrative of a prosperous revenue mix."
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The EOI for the Verandah Hotel finished Thursday 16 March 2017. 
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jonathanchancellor-7SQnKwU6yx

Sydney's Verandah hotel in Martin Place listed for sale

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An Albert Park, Melbourne site with existing hotel and supermarket on 1,700sqm of land has been listed with price expectations around $16 million.
The site features the Beach Hotel, which currently has a seven year lease and 32 pokies as well as the nearby Foodworks Supermarket on a ten year lease.
Justin Dowers, CBRE director of retail investments, Victoria and NSW said both leases have development clauses in them in the instance that the preference is to develop luxury apartments given the Beaconsfield Parade / Port Phillip Bay outlook.
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Beach Hotel, Foodworks Albert Park listed

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Hume Property Pty Ltd, formerly known as Bennelong Group, is offering its dual tower property in the heart of Sydney’s Chatswood for sale.
The decision, in part, was driven by the recent release of the new draft masterplan encouraging greater development in Chatswood and the sustained strong rental growth and increasing offshore purchaser interest in the precinct. 
Chatswood Central, at 1 – 5 Railway Street, is being offered to the market by way of expression of interest closing on March 30.
The listing agents are Jon Chomley and Steam Leung of Colliers International and Bevan Kenny and Chris Veitch of CI Australia.
The two, 12-storey towers are joined by the retail plaza, which provides a range of cafes and restaurants, a gymnasium and a childcare. Overall the buildings contain over 18,000 sqm of office and retail accommodation, with 100 basement carparks, and a strong mix of income from different sources.
The amenities in the Chatswood CBD have proven to be a strong drawcard for tenants, resulting in the property enjoying consistently high occupancy rates and a strong cash flow, according to a media release.
“Chatswood has been the beneficiary of strong rental growth over the last 3 years and this looks set to continue with the removal of suburban office space from the market for residential development. This in turn has reduced supply, particularly in B grade office space, and has bolstered rental growth,” said Jon Chomley.
The site adjoins the entry to the Chatswood Bus and Rail Interchange and is close to Westfield Chatswood and Chatswood Chase shopping centres. 
Hume has owned the property for over 10 years and has upgraded the plaza area, the lifts and the air-conditioning.
The site spans 3,806 sqm providing future development opportunities as it is underdeveloped under the current Masterplan for Chatswood, according to the listing agents.
“Whilst it will take time for any proposed redevelopment the building enjoys virtually full occupancy with strong effective rental growth and the improving property fundamentals of the Chatswood market,” said Bevan Kenny.
The site is currently leasehold from the Rail Corp, however, Hume has been in dialogue with RailCorp and there is a known pathway to either extend the ground lease term or freehold the property. 
 
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Dual towers in Sydney's Chatswood on the market 

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Prominent Sydney hotel owner and developer, Iris Group, has listed its development site in the heart of Parramatta’s Gateway precinct.
Now the sixth largest CBD in Australia with a population approaching a quarter of a million, the listing presents an opportunity to participate in what the listing agents described as "a massive building boom."
"The timing of the Iris listing could not be better, according to Savills Director Residential Site Sales, Neil Cooke, who is marketing the property with colleague Stuart Cox in conjunction with Khoury &amp; Partners’ Anthony Khoury, George Khoury and Jon Race. 
In August last year, it was reported the Chinese developer, Greenland Group, was considering the purchase of the Crown Hotel at 295 Church Street. 
 
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Cooke said the State Government has underlined the importance of Parramatta "in no uncertain terms" with, among other things, its $10 billion infrastructure investment for Parramatta and Western Sydney, including the new $1 billion Light Rail network.
“What that means for Iris Group’s Crown Hotel site at 295-309 Church Street is the confidence that State Government backing provides to developers to proceed with the sort of ambitious and exciting projects that sites such as this can deliver to a City in the midst of an incredible growth phase,” Mr Cooke said.
The 1,082 square metre site, with 35 metres frontage to Church Street and 26 metres to Phillip Lane, is located in a core CBD Gateway position, in the heart of Parramatta’s vibrant ‘Eat Street’ precinct and adjacent to the proposed $250 million Riverside tower development on the Parramatta River. 
The B4 Mixed Use zoning allows for a variety of uses including commercial premises, a luxury hotel, residential tower or a combination of these uses. Parramatta City Council recently granted Gateway Approval for an increase in FSR to 10:1 with a height limit to part 12 metres and part 150 metres. 
According to Anthony Khoury, a redevelopment of the site with a potential gross floor area of circa 12,000 square metres (STCA), in accordance with the Gateway Approval, would offer apartment dwellers views over Parramatta River within walking distance of Westfield Parramatta and the Parramatta bus/rail interchange and ferry terminal.
Mr Khoury declined to put a price on the property instead citing the recent sales of 135 George Street (cnr Harris Street) and the Thompson Ford site. 
135 George Street –<a href="https://www.realcommercial.com.au/property-land+development-nsw-parramatta-501863054" target="_blank"> the Albion Hotel site on 3,135 square metres </a>- was sold by Solotel after its three decade ownership in September for $60 million through Khoury &amp; Partners with a mixed use, 26,000 square metre planning proposal.
The residential developer, Dyldam paid $70 million for the nearby 3,300 square metre Thompson Ford site at the corner of Church Street and Great Western Highway.
“The market for mixed use and or/residential development sites is white hot,” Mr Khoury said.
Offers are due December 6.
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jchancellor-FAypfDUnLy

Iris list white hot Parramatta Gateway development site

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A leading bar and restaurant complex in the Brisbane suburb of Fortitude Valley has been listed for sale.
The complex at <a href="https://www.realcommercial.com.au/property-hotel+leisure-qld-fortitude+valley-502186078" target="_blank">132 Constance Street, Fortitude Valley, Qld 4006</a> comprise Alfred &amp; Constance, Alfredo's Pizzeria and Kwan Brothers.
According to the description of the property on www.realcommercial.com.au it is a profitable business providing a robust cash flow via seven-day/night trading.
The complex has a commercial liquor licence till 3 am trading.
The property has dual street frontage and is close to Fortitude Valley train station.
The property is for sale by expressions of interest closing December 14.
The listing agents are JLL - Hotels &amp; Hospitality Group's Thomas Gleeson and Tom Gibson.
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Fortitude Valley bar and eatery premises listed for sale 

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Lantern Hotels Group has sold the Ambarvale Hotel in Sydney’s southwest and listed the Five Dock Hotel with an estimated combined value of more than $50 million.
The Ambarvale Hotel sold for $21.2 million
The group sold the Commodore and Uncle Bucks hotelsr ecently.
Lantern now has Ray White’s Andrew Jolliffe selling the Five Dock Hotel and is expected to sell for more than $30m.
It has three levels and 30 gaming machines.
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Lantern Hotels Group lists Five Dock Hotel

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Melbourne based fund manager Forza Capital have listed a four level office space on the fringe of the Melbourne CBD.
The 6,178 sqm building is located in South Carlton, just 600 metres from the north eastern fringe of the CBD.
The building on a vast 3,772 sqm - a rare size in the tightly held precinct - comes fully leased with a $2.15 million per annum income.
The tenants are primarily from the health sector. Vic Health and Breast Screen Victoria are two of the most recognisable names, along with the likes of Novotech and Warner Brother.
There are 160 basements car parking spots.
Forza Capital, led by Adam Murchie and Ashley Wain, have enlisted Fitzroy's Paul Burns and Bayley Stuart Real Estate's Alasdair MacGillivray to market <a href="https://www.commercialview.com.au/15-31-pelham-street-carlton-vic/commercial-for-sale-details-11195906" target="_blank">15-31 Pelham Street</a>.
“The property was identified in 2012 due to the scarcity of quality office stock on the northern fringe of the CBD," Wain said, Forza Capital's managing director.
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Since their purchase, Forza have seen a 100 percent occupancy ever since.
“Over half of the building’s NLA has been renewed in the last 12 months, with only one tenant vacating and their 1,400m2 tenancy being immediately relet to other tenants in the Health/Medical sectors.” Wain said.
Paul Burns at Fitzroy's said this is a unique and rarely available opportunity.
"At a time when vacancy rates have fallen dramatically and we are on the cusp of enjoying meaningful rental growth, we have an offering which has been securely leased and recently refurbished.” 
“Carlton and the immediate North Eastern CBD fringe is one of the tightest and most securely held pockets of Melbourne.
"When space does come available, major Educational Institutes like Melbourne University and RMIT compete with a number of Healthcare groups who need to be in this location."
 
 
 
 
 
 
 
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Forza Capital to offer Melbourne CBD fringe office investment

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A Woolworths-anchored shopping centre in Queensland’s Noosa is on the market through Savills and CBRE.
The <a href="https://www.realcommercial.com.au/property-retail-qld-tewantin-502139610">86 Poinciana Avenue, Tewantin, Qld 4565</a> property is fully leased with tenants comprising leading brands such as Gloria Jeans Coffee, Subway and BWS.
The 3,106 sqm shopping centre was completed in 2006 and 80% of the gross floor area is leased to Woolworths and BWS. Woolworths is on a 20-year lease with options until 2046.
The shopping centre earns a net income of $1,022,294 pa and is in the “high street” precinct close to Noosa Heads, according to the property’s description.
The property was last traded in 2013 for $12 million, according to CoreLogic RP Data.
The shopping centre presents a rare opportunity to enter the tightly held Noosa market. It is for sale by expressions of interest closing November 10.
The listing agents are Jon Tyson and Peter Tyson of Savills and Joe Tynan and Peter Rossi of CBRE.
The Poinciana Place Shopping Centre, anchored by Woolworths, includes an additional 10 tenants – offering a long WALE of 8.05 years by area and 6.59 years by income.
<img src="/images/2016/10/17/Woolies2.jpg" alt="" width="511" height="368">
Earlier this year there was the $16 million sale of the Noosa Junction Plaza shopping centre on the Sunshine Coast.
It has been snapped up by OzProp, an acquisitive Queensland-based boutique property investment firm.
The neighbourhood shopping centre is at the gateway to Noosa Heads, anchored by a SUPA IGA supermarket and Target Country store.
The sale of the asset was negotiated by Peter Tyson, the third time he and Savills have sold the centre over many years.
A fully tenanted shopping complex at Tewantin on the Sunshine Coast sold at auction late last year for $6 million after being put on the market for the first time since it was built more than 20 years ago.
The Noosa Outlook Shopping Centre at 63 St Andrews Drive, Tewantin, was sold to a private investor by Ray White Commercial Noosa and Sunshine Coast North Directors Paul Butler and Paul Forrest on behalf of a local investor for a passing yield of 7 per cent.
Paul Forrest said the marketing campaign for the IGA Supermarket anchored shopping complex attracted almost 100 enquiries and there were eight registered bidders at the on-site auction.
“More than 50 people attended the auction and we had particularly strong interest from local investors who recognised the strength of the centre which is returning net rental income of approximately $421,000 per annum,” he said.
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Woolworths shopping centre in Noosa listed for sale

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Clouds of Montville Eco Resort, a Victorian-style resort on the Sunshine Coast Hinterland, has come to the market for $2.65 million.
Set on an area of 1.92 ha, <a href="https://www.realcommercial.com.au/property-hotel+leisure-qld-montville-502143778" target="_blank">the resort</a> comprises 10 apartments and four cottages (with approval for two more), a spa and sauna, swimming pool, a nine-hole frissbee golf course and other facilities.
The current owners had previous experience in hospitality, and made improvements to all aspects of the property and business, including the systems and websites which improved gross takings, says the description.
The owners are keen to sell the resort due to a family member's illness. Prior to them, the previous owners set up the resort over a period seventeen years.
The well presented property is also close to shops, markets, restaurants, art galleries, parks and waterfalls.
The listing agent is Jim Hughes of LJ Hooker.
<img src="/images/2016/10/14/Montville2.jpg" alt=""> 
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