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.

Joel Robinson

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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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

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

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

Commercial Sale

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A three-storey Bourke Street, Melbourne retail building, home for many years to jewellers Kozminsky, has been bought by the Giannarelli family for $7.6 million.
They are well known in Melbourne for its stonemason business.
Bidding began at $5 million from Grant Cohen, whose family own The Block arcade with the property called on the market at $6.5 million.
The corner 421 Bourke Street building, which dates back more than 150 years, last traded in 1976 at $295,000.
It was sold at a building rate of more than $25,000 per square metre.
It followed the closure of tenants, Kozminsky in March this year after 165 years in business. 
The building was listed by the Shaw family through CBRE.
The property was built as as a single-storey bluestone office for the stock and station agents Kaye Butchart &amp; Co in 1859.
Bourke Street's last sale was earlier this year when the vacated home of Society restaurant sold for $8.07 million.
The vacant three-level building, listed as notable under city planning laws, was sold by the Codognotto family who had owned it since 1981.
The 23-29 Bourke Street premises sold through Gross Waddell's Raoul Salter.
The Italian-themed Society restaurant was first opened by immigrant Guiseppe Codognotto in 1924 closing just last year.
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Kozminsky building on Bourke Street, Melbourne sold

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After-school and vacation care service OSHCare Pty Ltd has leased a heritage building in a waterfront location at Balmain in inner western Sydney where an Australian cult movie was shot.
The historic, two-storey sandstone building at <a href="https://raywhitecommercialinnerwest.com.au/nsw/balmain/937521/" target="_blank">101 Mort Street</a> was used to film parts of the 1974 Australian biker movie ‘Stone’. 
OSHCare has taken out a three-year lease with a five-year option. The net rental is $125,000 per annum.
The deal was negotiated by Ray White Commercial’s Tim Morrison on behalf of a private investor owner.
The 300 sqm building is a heritage-listed property.
“This property was originally the Forth &amp; Clyde Hotel, an integral part of the ship building and industrial heritage of this Balmain waterfront location,” said Morrison.
The building is now used as professional offices, he said.
“The building is close to Mort Bay Park, Thames Street Wharf as well as Balmain's well-known pubs, restaurants and retail shopping precinct with easy access to bus and ferry.”
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Afterschool service OSHCare leases Balmain building

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The rural property market around in far north New South Wales remains strong across most categories according to Herron Todd White's July report.
According to HTW, good quality avocado farms are in strong demand, with one example being the sale of Green Pigeon avocado farm, north-east of Kyogle, selling for around $5.12 million.
"This is a partly timbered 113 hectare red sandy loam soil farm in a high rainfall area with back up irrigation planted to about 5,720 mature Hass avocado trees," HTW said.
"Structural improvements include a dwelling, packing shed, machinery sheds and pump shed. The sale is understood to include plant and equipment. 
"The macadamia farm market remains strong.
"There appears to be a shortage of listings for sale of medium to large macadamia farms.
"Some small to medium size farms have been sold or are under negotiation on the Alstonville plateau in the general analysed value range of $65,000 to $85,000 per planted macadamia nut tree hectare.
"A 544.43 hectare beef cattle grazing property aggregation north-west of Kyogle with Eden and Chestnut Creek frontage has been sold for $3 million.
"The property has a stated carrying capacity of 450 breeding cows.
"This indicates a sale price of $5,510 per hectare or $6,667 per breeding cow overall. The property’s structural improvements include a main dwelling, machinery sheds, storage sheds and cattle yards. 
"Dry seasonal conditions in the Central West and Western NSW have affected the total area planned to sow to winter crops.
"Earlier sown crops require immediate rainfall to develop and the later planted crops will need a rain event to germinate.
"Some unusually cold weather and subsequent frosts have also weighed heavily on moisture levels in the area. 
"Irrigated and dryland cotton crops in the Macquarie Valley and Lachlan Valley have mostly been picked and have had below average results, mostly due to the extreme heat experienced earlier in the year during the growing period."
Property Observer found a property at <a href="https://www.realestate.com.au/property-lifestyle-nsw-kyogle-7909338" target="_blank">540 Gradys Creek Road, Kyogle</a> on the market for $475,000.
The 7.5 acre property (above) with a 3 bedroom country cottage has 400 metres of Gradys Creek frontage and riverbank soil.
The property on <a href="https://www.realestate.com.au/property-lifestyle-nsw-kyogle-7907182" target="_blank">365 Killaloe Road in Green Pigeon, Kyogle</a> (below), is on the market for $419,000. It is 25 acres and comes with a 4 bedroom home.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/07/17/700_kyogle3.jpg" alt="">
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Far north NSW rural property market strong

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A local developer has bought a development site for $9 million in Melbourne’s leafy inner eastern suburb of Hawthorn with plans for a mixed use/apartment and retail project.
The <a href="https://www.realestate.com.au/property-residential+land-vic-hawthorn-201789426" target="_blank">2-4 Roche Street</a> property was sold through Savills after an expressions of interest campaign.
Selling agent Clinton Baxter, who brokered the deal with Nick Peden and Jesse Radisich, said the sold for close to $7500 a square metre, well above expectations.
Baxter said the competition for the property reflected the strong competition for a development opportunity in one of Melbourne’s highly regarded residential pockets.
“The sale is a demonstration of the voracious appetite of developers seeking to secure sites suitable for boutique apartment projects in the leafy inner eastern suburbs,’’ Baxter said.
The property was sold subject to monthly leases to two tenants, who occupy the two double storey buildings, at a current annual rental of $105,000, with vacant possession available on 60 days notice. 
The 1,209 sqm corner site is Zoned Commercial 1. It close to public transport and retail places.
Peden said plans for a proposed redevelopment of the property included 54 apartments and ground floor retail.
The vendor was a Melbourne-based investor. 
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Developer pays $9 million for development site in Melbourne's Hawthorn

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Developer couple Lance Chu and Chenghan Tan, who run SC Land, have sold off their South Yarra, Melbourne, headquarters for $9.5 million.
It was on a tight 4 per cent yield.
The <a href="https://www.realcommercial.com.au/property-offices-vic-south+yarra-502399498" target="_blank">36-40 Toorak Road</a> property, which the couple bought in 2007 for $3.7 million, was redeveloped, according to The Australian Financial Review.
It has a two-storey office on top while leasing out the two ground- floor retail spaces.
The office premises, designed by architects BURO, won the Master Builders Association (Victoria) 2010 Excellence in Construction Award for commercial buildings under $5 million.
The 800 sqm building, which retains its original Victorian heritage facade, sits on a 432 sqm land parcel.
It earns an annual rental income of $383,000.
Jeremy Gruzewski and Ben Baines of Colliers International brokered the deal.
Hong Kong-born Chu and his Singapore-born wife founded SC Land in 2000. They have worked on several high-end apartment and townhouse developments in Melbourne with one of their most recent on the Esplanade in Brighton.
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Developer duo sell their South Yarra office on a tight 4 percent yield

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The headquarters of auction house Mossgreen in Melbourne has been listed for sale with price expectations of more than $10 million.
The 926-930 High Street property in Melbourne’s inner suburb of Armadale is in a high-profile retail strip and close to affluent suburbs. 
The seven-day trading nature of the area are expected to be key drawcards for investors, according to agents Josh Rutman, Rorey James and Lewis Tong of CBRE, who are marketing the property.
The property sits across two separate titles and is positioned on a 1,221 sqm site.
Mossgreen Auctions has committed to a long-term, 12-year lease for the property with options.
“Long-term, secure leases are hard to find in the current market, with many economists taking a ‘lower for longer’ view on investment returns. The fixed annual rental increases will prove highly attractive to prospective investors looking to house their funds in bricks and mortar assets,” Rutman said.
Interestingly, the property was earlier occupied by Sotheby’s for two decades before being put up for auction in 2012.
The property is being offered through an international expressions of interest campaign closing on June 28.
Built in 1912, the former Armadale Picture Theatre has been extensively restored and renovated to become a successful exhibition and entertainment venue.
The building comprises several auction rooms, art galleries and tea-rooms, and has 20 metres of dual frontage.
Founded in 2004, Mossgreen is a combined auction house and art gallery and has become Australia’s leading auction service – overtaking Sotheby’s. Notable artists associated with Mossgreen include Charles Blackman, Brett Whiteley and Russel Drysdale. 
It is understood Mossgreen have additionally taken leases over several buildings to expand its business.
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Auction house Mossgreen's headquarters in Melbourne listed

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A development site in Sydney’s inner-city suburb of Darlinghurst has sold under the hammer at  CBRE auction.
The <a href="https://www.realcommercial.com.au/property-land+development-nsw-darlinghurst-502333694" target="_blank">54-56 Riley Street</a> property, sold by Rainbow Lane apartments, was sold tenanted.
The property was auctioned off at AuctionWORKS in Sydney.
It last traded in 2016 for $4.55 million, according to CoreLogic. 
The site has a building height limit of 22 metres and it has three street frontages (Riley Street, Yurong Lane and Crown Lane), apart from its desirable city fringe location.
The selling agents were Nicholas Heaton, Gemma Isgro and Michael Khouri of CBRE.
The land area is 358 sqm and the zoning is for mixed use development.
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Tenanted property in Sydney's Darlinghurst sells under the hammer

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Almost 500 people turned out to bid on a redevelopment site in Sydney's Haberfield that eventually sold at auction for just over $13 million.
The former motel sits 2000 sqm of land at 169-173 Parramatta Road, Haberfield and was sold to a private investment company.
Ray White Commercial Inner West Principal Tim Morrison said the auction lasted for more than an hour with 461 separate bids as three buyers battled hard. 
“A final bid of $1,000 was enough to win an intense struggle with the final price of $13,003,000 well above reserve,” he said 
"The site has an approval in place for an aged care facility and offers an outstanding opportunity to re-use or redevelop (STCA). 
“This site is strategically located approximately 6.5km from the Sydney CBD with easy access to surrounding arterials including Victoria Road and The City West Link.
“There is approximately 30m of frontage to Parramatta Rd and the building offers a total area of approximately 2400 sqm over three levels.
“There is basement and onsite parking so the building offered plenty for an owner-occupier, and, alternatively, its size and prominent position attracted strong interest from motel and other accommodation providers.”
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Parramatta Road, Haberfield development site sold for $13 million

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A four storey retail and commercial building with three street frontages in the Sydney northern suburb of Hornsby is on the market.
The 108 George Street property features 4,397 sqm of lettable space and has a ground floor retail showroom, three levels of commercial or office accommodation and three levels of basement parking for 86 vehicles.
Retail and office space is currently 100 percent occupied, with leases to Officeworks, the NSW State Government, United Protestant Association of NSW and Australian Unity. Midas Australia has a10 year lease on neighbouring land.
The property is represented through Matthew Dunn and Tim Grosmann of Savills and Talbot and Dominic Ong of Knight Frank.
Tyler Talbot said the site has been approved for B4 Mixed Use zoning under the Hornsby Local Environmental Plan 2013, and could lend itself to a significant mixed use development. 
“It is feasible to achieve a high quality mixed use development comprising a 12 storey mixed use tower with approximately 100 marketable apartments and 2,500 sqm commercial/retail space,” he said.
108 George Street is being sold via expressions of interest through Savills and Knight Frank, closing Thursday, 1 June.
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Hornsby retail building to hit the market

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One of the largest single-hold pieces of land in Crows Nest in Sydney’s North Shore precinct has been snapped up by a locally-based Chinese developer for $22 million.
The 39-47 Albany Street property is currently the headquarters of Warner Music Australia Pty Ltd until 2022.
It was sold on a yield of nearly 4 percent.
The medium-term development site sold at a yield of circa 4%. 
The sale was managed by Knight Frank on behalf of a local fund manager Pindan Capital to Sun Property.
The state government’s proposed new train station will only increase the density and development of the area, added Hu.
The property is zoned B4 Mixed Use, with a Weighted Average Lease Expiry of 4.5 years, and has a net lettable area of 3,286 square metres.
The property is also situated within minutes’ walk to the Crows Nest retail precinct; the proposed railway station; Crows Nest Plaza and Woolworths supermarket. 
Established in 2010, Sun Property focuses on development projects in Sydney’s Lower North Shore is currently working on nine projects. 
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