<a href="https://www.apartments.com.au/developers/draycon">Draycon Building</a> is nearing completion of Boutique Chevron Island, a 42-apartment development on the northern end of Chevron Island at 17–19 Parneno Street, with a limited-time offer of fully furnished apartments available.

Now more than 90 per cent complete, <a href="https://www.apartments.com.au/buildings/boutique-chevron-island-17-19-parneno-chevron-island-qld-4217">Boutique</a> has been shaped by one of the Gold Coast’s most tightly held island addresses, where riverfront outlooks and walkable access to Surfers Paradise converge.

For Draycon Building Managing Director Howard Dabit, the appeal of the site was immediate.

“I knew it was a good site as soon as I saw it,” Dabit said.

“The position and location on the north end of <a href="https://www.apartments.com.au/developments/chevron-island-qld-4217">Chevron Island</a>, the way the river swirls around the site basically from the north to the east, it feels like the site is surrounded by the water. The height that we’ve got and the aspect looking north is beautiful. Eighty per cent of the apartments are looking north so they get that drenching sunlight coming in.”

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That northern orientation places the development within a stretch of Chevron Island defined by open river aspects and skyline views, while remaining embedded in the suburb’s established village setting.

Chevron Island has increasingly drawn owner-occupiers seeking centrality without the intensity of high-rise beachfront living. Positioned at the geographical centre of the Gold Coast, the island offers direct access to both the beach and key cultural infrastructure while retaining a neighbourhood-scale character.

Connected by bridge to Surfers Paradise, Chevron Island offers walkable access to beaches, riverfront parklands and a revitalised foreshore boulevard animated by walkers and cyclists throughout the day. The Pacific Ocean is only minutes away, reinforcing the suburb’s dual river-and-surf identity.

At the same time, Thomas Drive forms the spine of the island’s village life, delivering cafés, wine bars, casual dining and everyday services within easy reach. Independent grocers, wellness operators and neighbourhood retailers contribute to a community atmosphere that remains distinct from the vertical scale of the beachfront.

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In the opposite direction, the Green Bridge links directly to HOTA – Home of the Arts – placing galleries, performance venues and parklands within walking distance. Weekly markets and major exhibitions draw visitors from across the region, while residents return to a quieter residential pocket at day’s end.

Public transport, including nearby bus routes and the G:link light rail corridor along the coastal spine, strengthens connectivity north and south. Griffith University, the Gold Coast University Hospital precinct and established private schools such as The Southport School are all within a short drive.

Ongoing investment across Surfers Paradise, HOTA and the broader Southport corridor has elevated amenity while preserving Chevron Island’s comparatively low-rise residential character. It is this balance, walkable village atmosphere paired with metropolitan-scale infrastructure, that continues to differentiate the suburb from higher-density beachfront precincts.

Boutique comprises just 42 residences, designed to maximise river and skyline outlooks within this tightly held island setting.

Boutique Chevron Island is slated for completion in April 2026, with prices starting from $1,220,000.

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Joel Robinson

Draycon Building’s Boutique Chevron Island places 42 residences at the heart of the Gold Coast

Sydney developer <a href="https://www.apartments.com.au/developers/deicorp">Deicorp</a> has secured planning approval for a $300 million residential development in Lindfield, marking the company’s second project on Sydney’s North Shore and its first on the Upper North Shore.

Located on Beaconsfield Parade and designed by DKO Architecture, the state significant development comprises three buildings of up to 10 storeys and will include 399 residences, including 59 affordable homes and 40 adaptable homes.

Residences will range in size from one, two and three bedrooms, with two-bedroom apartments accounting for over 60 per cent of the product make-up. Residents will have access to a broad suite of amenities, including a wellness area, indoor and outdoor recreational spaces, a pool, a gym, a community room and a golf simulator.

In line with Deicorp’s long-standing focus on creating transit-oriented communities, the project is located just 260 metres from the Lindfield Train Station, reinforcing its role in delivering well-connected housing close to established infrastructure, retail and local services.

The inclusion of affordable and adaptable housing supports greater diversity within the local market, while the mix of apartment types responds to demand from downsizers, young professionals and families seeking access to the Upper North Shore.

Deicorp Founder Fouad Deiri OAM said the approval represents an important milestone for both the company and the suburb

“This approval allows us to deliver well-designed homes in a location that is already supported by strong transport and community infrastructure," Deiri said.

"Our focus is on creating places that integrate into their surroundings and provide long-term value for residents, and the broader Lindfield community. Being within walking distance of the station ensures this project supports sustainable growth in the right locations."

Across its portfolio, Deicorp currently has 4,703 apartments under construction, playing a leading role in shaping connected, liveable communities across Sydney.

Its expanding portfolio of Metro-linked developments includes Tallawong Village, <a href="https://www.apartments.com.au/new-apartments/kings-bay-village-five-dock-53-75-queens-road-five-dock-nsw-2046">Kings Bay Village</a> in Five Dock, <a href="https://www.apartments.com.au/new-apartments/hyde-metropolitan-sydney-133-141-liverpool-street-sydney-nsw-2000">Hyde Metropolitan</a> in Sydney CBD, <a href="https://www.apartments.com.au/new-apartments/falcon-alexander-crows-nest-8-alexander-street-crows-nest-nsw-2065">Falcon &amp; Alexander</a> in Crows Nest and Showground Village, Castle Hill.

Deicorp purchased the Beaconsfield Paradise site last year. Construction is scheduled to commence in Q2 of 2026 and will be completed in 2029.

Deicorp expands portfolio to nearly 5,000 apartments with Lindfield project

In a joint venture with The Trump Organization, Australia developer Altus Property Group has announced plans to bring a Trump International Hotel &amp; Tower to the Gold Coast, marking the first Trump-branded project in Australia.

"Trump International Hotel &amp; Tower, Gold Coast is our first official project in Australia and reflects our unwavering commitment to delivering world-class luxury experiences in iconic locations around the world," Eric Trump, Executive Vice President of The Trump Organization, said.

"This development exemplifies the Trump brand’s dedication to quality, sophistication, and unmatched service, and we are thrilled to bring this vision to the vibrant Gold Coast community."

The 91-storey building, which will become the tallest in Australia at 335 metres, will feature a&nbsp;285-room luxury hotel bearing the trademark Trump logo. It will also include 272 luxury residential apartments, a three-level podium with an exclusive Beach Club, and over 3,400 sqm of premium commercial, retail, and dining space, revitalizing the central Surfers Paradise precinct.

“Trump International Hotel &amp; Tower, Gold Coast will be a truly unique offering in the Australian market, bringing the prestige and allure of a world-class luxury brand,"&nbsp;Altus founder and chief executive David Young said.

"Altus Property Group is proud of its track record in delivering landmark developments across Australia, and our expertise ensures this project will be an outstanding success."

Trump Hotel heads for the Gold Coast to become Australia's tallest building

More than a century after the Corrimal Coke Works first opened in 1912, the industrial landmark that helped shape the suburb is being reinterpreted as a walkable residential neighbourhood, with Stage One of <a href="https://www.apartments.com.au/new-apartments/the-works-stage-one-27-railway-street-corrimal-nsw-2518">The Works</a> now underway at 27 Railway Street.

For 102 years, the site was central to <a href="https://www.apartments.com.au/developments/corrimal-nsw-2518">Corrimal</a>’s economic and social identity before operations ceased in 2014. Rather than erasing that legacy, developer Legacy Property has embedded it into the masterplan, retaining and reinterpreting elements such as the iconic 1912 brick chimney and sections of the original C1 Coke Oven Battery, alongside the adaptive reuse of the former powerhouse building.

Stage One will introduce 181 apartments across low-rise buildings, offering predominantly two and three-bedroom residences with completion targeted for mid-2027. The scale and configuration reflect a deliberate focus on owner-occupiers, targeting those seeking a lower-maintenance home in a prime location within the northern suburbs of Wollongong.

[smartcode_project:default project_id=143415 project_image_fid=359833]

Apartments have been designed to maximise natural light and cross-ventilation, with floor-to-ceiling glazing extending living areas onto generous balconies. Engineered timber flooring, induction cooktops and 900mm ovens in larger residences support everyday functionality, while two interior palettes allow buyers to tailor finishes to their preferences. The material selection draws on a restrained coastal language, intended to connect homes to their surroundings rather than compete with them.

The Works forms part of a broader 18-hectare masterplan that will ultimately deliver around 550 dwellings, new parks, and a heritage precinct celebrating the site’s past. More than seven hectares are dedicated to open space, including Southern Park and a Village Green with community gardens and recreation areas. The creek corridor is being rehabilitated with 150,000 native plantings, restoring biodiversity to the site and softening landscape.

[smartcode_project:default project_id=143415 project_image_fid=359841]

Positioned adjacent to Corrimal Station and within walking distance of Corrimal Town Centre, the precinct places daily essentials, rail connections and local retail within easy reach. Wollongong CBD, including the hospital, university and entertainment venues, sits approximately 6.5 kilometres to the south.

For buyers more familiar with North Wollongong, Corrimal offers a different proposition: a well-established coastal suburb framed by beaches to the east and the escarpment to the west, with a strong sense of local identity shaped in part by the former Coke Works. The Works seeks to reinforce that identity by creating a connected, walkable neighbourhood between coast and escarpment, rather than a standalone apartment complex.

Sustainability underpins the development approach. The Works is targeting Wollongong’s first 5-Star Green Star-rated community, with water-sensitive urban design, recycled materials and energy-efficient buildings integrated across the masterplan. For residents, these measures provide not only environmental benefits but also reduced operational costs and future resilience.

[smartcode_project:default project_id=143415 project_image_fid=359842]

With construction commenced and display materials available to view, prospective buyers can now engage more directly with the project’s vision, reviewing floorplans, material selections and the broader masterplan in detail. For many local homeowners weighing a move, the opportunity to experience how heritage, landscape and contemporary design intersect may help bridge the gap between familiarity and the next chapter.

As Stage One progresses toward its mid-2027 completion, The Works represents a significant chapter in Corrimal’s evolution, transforming a site that once powered local industry into a walkable residential precinct designed for its next generation of residents.

[smartcode_project_cta:default project_id=143415]

Legacy Property’s The Works reimagines Corrimal’s century-old Coke Works

When it comes to developing in Melb​ourne's Bayside region, <a href="https://www.apartments.com.au/developers/lowe-living">Lowe Living</a> knows exactly what buyers want.

With a longstanding presence in the area and a string of sell-out projects, Lowe Living consistently delivers developments that are as sought-after as their predecessors.

Their latest instalment is in <a href="https://www.apartments.com.au/developments/hampton-vic-3188">Hampton</a><a href="https://www.apartments.com.au/developments/hampton-east-vic-3188">&nbsp;East,</a> the same postcode where they have previously delivered Hampton Hill and Oceano. The developer-builder recently commenced construction on its newest project,&nbsp;<a href="https://www.apartments.com.au/new-apartments/marella-hampton-31-35-alicia-street-hampton-east-vic-3188">Marella</a>, a collection of 32 apartments just five minutes from the beach.

Site acquisition is paramount to success. Lowe Living rarely brings a building to market that isn’t within walking distance of essential amenities, whether it be the beach, a prominent retail strip, or a train station. Marella is no exception, located at its Alicia Street address, less than a kilometre from the retail heart of Hampton Street and Hampton Station.

[smartcode_project:default project_id=146197 project_image_fid=358495]

Equally important to Lowe Living is the architecture.

For Marella, they appointed <a href="https://www.apartments.com.au/architects/cera-stribley-architects">Cera Stribley</a>, who explains that the architectural vision was to create a contemporary reinterpretation of the Californian bungalow, a style that’s iconic to Hampton’s heritage.

"By borrowing, abstracting, and reinterpreting elements of this quintessential style, such as strong datum lines, articulated columns, exposed structures, and roof tiles, our design strikes a balance between modernity and familiarity," says Cera Stribley.

"This approach ensures that the development is not only visually appealing but also contextually sensitive, resonating with Hampton's existing architectural landscape."

[smartcode_project:default project_id=146197 project_image_fid=358499]

The building features terracotta brick, soft cream masonry, and exposed metal detailing, giving it a tactile presence that is intended to weather gently over time.

Internally, the focus on lasting quality continues, with two and three-bedroom residences anchored by sculptural stone kitchen islands, natural light, and clearly defined transitions between living, dining, and outdoor spaces.

The layouts have been carefully designed. Open-plan zones extend to private balconies, with light-filled interiors and generous kitchen proportions, supported by Miele wall ovens, induction cooktops, and integrated fridge-freezers. These are not small apartments rebranded as luxury; they have been designed at scale, with ample storage, hotel-style entry access, and secure basement parking provided as standard.

[smartcode_project:default project_id=146197 project_image_fid=358492]

At the uppermost level, Marella’s Signature Collection penthouses offer city or bay views, large entertaining terraces (some with outdoor spas), and elevated finishes, including fully wrapped stone kitchen benches and a Liebherr wine fridge.

Flexible room arrangements allow for a fourth bedroom or secondary living space, sought-after by both empty nesters who want the space when family visits and families with older children.

[smartcode_project:default project_id=146197 project_image_fid=358498]

A residents’ lounge on the ground floor reinforces the project’s small-community feel. With a fireplace, private dining area, and adjoining terrace, it’s one of several shared spaces that balance amenity with privacy and scale.

Construction has commenced, with completion expected in early 2027.

[smartcode_project_cta:default project_id=146197]

Lowe Living continues Bayside legacy as Marella rises in Hampton

Crows Nest

Drawing on the success of revered Sydney projects such as Advanx and Advanx Eastin, Rushcutters Bay, and Whitton Lane and Vue in Bondi Junction, Lindsay Bennelong Developments has brought together a team of award-winning leaders in their respective fields to collaboratively bring together their inspiring vision for their latest residential release.

Multi-award winning Australian architecture firm, Allen Jack+Cottier designed both the exterior and interior of Delano, which comprises three boutique low-rise buildings that&nbsp;gradually transition in scale and height from the nearby residential area, to the lively and energetic Crows Nest town centre.

[smartcode_project:default project_id=134072 project_image_fid=212757]

Set amid private landscaped gardens, Delano offers a collection of one, two and three-bedroom apartments, some with studies, along with seven townhomes fronting Hayberry Lane. The distinct curvature and detail of the façade, with its contrasting tones of steel and face brickwork, adds to the project's timeless design that ties in with the surrounding context, whilst still maintaining a contemporary feel.

The apartments and townhomes boast of Art Deco-inspired elements that are seamlessly woven into the design, with natural stone, metallic touches, and decorative flourishes to create a sense of harmony and refinement throughout the spaces.

The kitchens form the heart of each home, with top-quality Miele appliances, natural stone benchtops and splashbacks, balanced by cabinetry in complimenting tones. The living areas, with their generous free-flowing spaces and floor-to-ceiling glass, are oriented to capture sunlight, creating the perfect environment in which to entertain, while the bedrooms feature plush broadloom carpets, adding to the apartments' luxurious feel.

The bathrooms are characterised by clean lines, uncluttered spaces and considered finishes. High quality porcelain tiles run floor to ceiling, complemented by Studio Bagno vanity basins and Astrawalker brushed platinum tapware. Thoughtful details such as finger-tile mosaic feature walls, natural stone vanity tops, and tall cabinets featuring textured scalloped door panels add depth and contrast to the spaces.

[smartcode_project:default project_id=134072 project_image_fid=212763]

The seven three-storey three-bedroom townhomes, set behind landscaped private front gardens, feature free-flowing living areas encompassed by marble island kitchens, while the upper level is devoted to a secluded master suite opening to a private balcony. The rear courtyards open to a communal garden, which provides ambient additional space for alfresco entertaining.&nbsp;

With teams across Australia, China and South East Asia, Place Design Group handled the landscape architecture across the project , which at the heart of Delano, provides a green backdrop to the residences, with manicured lawns, jacaranda trees, for which the area is renowned for, as well shady pergola seating areas and barbecue stations scattered around.

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alisonwarters@gmail.com

Delano apartments pay homage to their Crows Nest context 

The&nbsp;Peter Campbell-led development group, Lindsay Bennelong is one step closer to bringing their Crows Nest development, Delano to fruition, appointing a builder to the project.&nbsp;

The group has sought the work of Bondi-based construction company, Ultra Building Co, with the group behind a number of residential and commercial developments across the Eastern Suburbs, including the 1788 Residences and North Shore in Double Bay, as well as The Balmoral Collection in Mosman.

Located on the fringe of Crows Nest village, Delano pays homage to the Art Deco architecture that is prolific in the area while showcasing contemporary innovation.

[smartcode_project:default project_id=134072 project_image_fid=212760]

The development features three boutique buildings set amidst landscaped gardens, consisting of one, two and three-bedroom apartments, as well as an exclusive collection of just seven townhomes.

Celebrated architecture firm, AJC Architects has taken charge of the project's design, which features&nbsp;timeless aesthetics that are brought to life through the use of robust and enduring materials such as steel and face brickwork.

The buildings are distinctly characterised in response to their street frontage and local heritage items, with stepped forms and landscaped terraces that avoid overshadowing while offering a transition between the nearby commercial centre and conservation neighbourhood.

The development's centrepiece is a five-storey tower that steps down to three-storeys along Falcon Street, with the three-storey townhouses fronting Hayberry Lane.

All the residences are optimised for natural light and cross-ventilation and feature energy and water-efficient fixtures and fittings. The communal lobbies and corridors are naturally ventilated and lit, and there is bicycle parking for residents and visitors.

Herringbone engineered timber floors, plush broadloom carpet, and deluxe Miele kitchens, with natural stone benchtops and integrated fridges, are just some of the features residents can expect to enjoy, while the spacious balconies, rooftop terraces, or private courtyard gardens will offer a seamless transition between indoor and outdoor living.&nbsp;

[smartcode_project:default project_id=134072 project_image_fid=212756]

Upper-level apartments will benefit from leafy views over North Sydney or Mosman, while a communal grassed lawn and gardens with seating and barbecue areas provide the perfect outdoor space for relaxation.

Sustainability was another key consideration throughout the design process, with site-wide water harvesting systems in place along with a reuse system.&nbsp;

Residents of Delano will enjoy a short five-minute stroll to the forthcoming Crows Nest Metro Station, which is due to open in 2024, the same time Delano is due for completion.&nbsp;

They'll also be just a 400 metre walk to Woolworths and just three-minutes from Crows Nest Village's lively cosmopolitan culinary scene.

[smartcode_project_cta:default project_id=134072]

Builder appointed to Lindsay Bennelong Crows Nest development, Delano

Australian developer Third.i, and real estate private equity group Phoenix Property Investors have further expanded their partnership in Sydney, acquiring the last two of Sydney Metro’s Crows Nest over station development sites in the Lower North Shore.

The joint venture acquired the site via Private Treaty with Sydney Metro and the NSW Government, with the deal negotiated by&nbsp;Third.i’s Head of Acquisitions, Florian Caillon, and Sydney Metro’s commercial team.

The Crows Nest over station development is situated over the new Crows Nest Metro Station, which is due to be operational by 2024. As one of six new stations planned for the Sydney Metro City and Southwest regions, the new developments will extend the Metro Rail from Chatswood, under the Sydney Harbour and through the Sydney CBD to Bankstown.

The concept proposal for both over station developments was approved by the Minister for Planning and Public Spaces in December 2020, with the first site, referred to as Lot A, set to deliver an innovative commercial and retail development above the station, with plans to have health and wellness at the forefront of design.

The second site, Lot B, will deliver a mixed-use site consisting of ground floor retail with an overhead residential offering, helping Crows Nest secure its place as one of the best areas to live, work and play on Sydney’s Lower North Shore.

Co-founder &amp; Director of Acquisitions at Third.i, Bob Huxley said the project will be a legacy development for Third.i and will add significant value to the Crows Nest community.

“Third.i is extremely excited to commence a relationship with Sydney Metro and the NSW Government and work with them to deliver what will be an outstanding, market-leading project for the Sydney region,” said Huxley.

“We have an established network of retail operators, and have already had a number of world class businesses express an interest in pre-committing to space at the Crows Nest over station development, which is just incredible. It really demonstrates the demand and need for this type of development in Sydney’s Lower North Shore."

With the acquisition bringing Third.i's overall project pipeline to over $4 billion across Australia and the UK, the project will also mark the fifth joint venture for Third.i and Phoenix Property Investors.

Trent Winduss, Head of Australia at Phoenix Property Investors, said they were excited to continue their strong track record with Third.i, which has proven success especially across Sydney's North Shore.&nbsp;

“This includes the selling out of the major residential project Balfour Place in Lindfield as well as the sale of the Blue &amp; William commercial precinct in North Sydney to Lendlease that was acquired by Keppel REIT," Winduss concluded.&nbsp;

Read more on residences set for above new Sydney Metro stations:

<a href="/news/nsw/first-look-designs-revealed-for-towers-above-parramatta-metro-station">First look: Designs revealed for towers above Parramatta Metro Station</a>

<a href="/news/nsw/first-look-towers-planned-above-new-sydney-olympic-park-metro-station">First look: Towers planned above new Sydney Olympic Park Metro Station</a> 
&nbsp;

Third.i and Phoenix Property Investors team up for Crows Nest over-station development

The former North Shore Gas Co. Office building is set to be conserved and readapted in Crows Nest.

The Double Bay-based developer&nbsp;PDS has filled plans for a $55 million project which will comprise a 14-level mixed-use building, with a two-storey commercial podium.

<a href="/new-apartments/290-pacific-highway-crows-nest"><img alt="" height="1080" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-07-11_at_8.33.10_pm.png" width="822" /></a> 
Render of the proposed Pacific Highway mixed-use development in Crows Nest. Credit: Fuse Architecture

There will be 61 three and four-bedroom apartments planned on the&nbsp;290 Pacific Highway site, just up the road from PDS&#39;s The Wentworth.

The recently amalgamated lot has a primary frontage to the Pacific Highway with a rear address to Sinclair Street.

It is currently occupied by the local heritage listed Former North Shore Gas Co Office building and an existing two storey commercial building, with the latter secluded to be demolished in the process.

LFA Pacific prepared the urban design report for PDS, who engaged Fuse Architects to design the plans.

<a href="/new-apartments/290-pacific-highway-crows-nest"><img alt="" height="1102" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-07-11_at_8.33.16_pm.png" width="820" /></a>

Render of the proposed Pacific Highway mixed-use development in Crows Nest. Credit: Fuse Architecture

&ldquo;The development proposal seeks to retain, conserve and adaptively re-use the Former Gas Company building as part of a new mixed-use building with a ground floor commercial podium and residential uses above,&rdquo; LFA said in their urban design report.

The site is situated in an urban block bound by Shirley Street to the north, Bruce Street to the south, the Pacific Highway to the east and Sinclair Street to the west.

The block forms part of the Five Ways intersection, where Pacific Highway, Shirley Road, Willoughby Road and Falcon Street converge, creating a local landmark that defines the southern gateway to the St Leonards, Crows Nest Precinct.

The site at 290 Pacific Highway, Crows Nest in the North Sydney Local Government Area is 1.5km north of North Sydney CBD, 850m south of St Leonards strategic centre and immediately south of Crows Nest Village

<a href="/new-apartments/290-pacific-highway-crows-nest"><img alt="" height="1318" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-07-11_at_8.34.04_pm.png" width="1960" /></a> 
Render of the proposed Pacific Highway mixed-use development in Crows Nest. Credit: Fuse Architecture

The site is approximately one kilometre from major public open space such as Brennan Park and Newlands Park, St Leonards Park, and St Thomas Rest. Smaller pocket parks such as the Hume Street Park, Ernest Place Park, and Sophia Street Park are located east of Pacific Highway, while Morton Lane Road Reserve off Sinclair Street is a landscaped walkway.

The design involves the reinstatement of key materials such as exterior masonry, terracotta tiles, pressed metal, stainless steel, and glass panelling.

<a href="/new-apartments/290-pacific-highway-crows-nest"><img alt="" height="1204" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-07-11_at_8.33.26_pm.png" width="970" /></a> 
Render of the proposed Pacific Highway mixed-use development in Crows Nest. Credit: Fuse Architecture

Glass is used for the remainder of the facade with a textured glass awning and pressed metal soffit to match the existing heritage pressed metal soffit pattern.

The existing facade is provided with powder coated metal profiles to match the existing awning and fluted glass as a key design motif for the front elevation where a curtain wall is proposed to the remainder of Pacific Highway frontage.

Incorporating a muted palette and lightweight materials, the upper residential levels highlight the heritage item, while inverted, fluted glass is used as a contemporary adaptation of the scalloped heritage facade.

There will be 61 three and four-bedroom apartments planned on the 290 Pacific Highway site, just up the road from PDS's The Wentworth


$55 million Crows Nest apartments to target the owner-occupier

The Sydney-based developer Abadeen Group has teamed up with the APAC-focused private equity real estate investment group Phoenix Property Investors to create a string of boutique residential apartment projects in Sydney over the next five years.

The $250 million investment will see between 15-20 projects delivered, with over $1 billion in gross revenue forecasted.

The sites will yield between 10 to 50 apartments, located in&nbsp;established and desirable neighbourhoods within 10km of the CBD, and targeting an average of $100m in gross revenue when completed.

Abadeen’s Executive Director, Joseph Tack, said the Residential Development Platform is the culmination of a three-year strategic plan to build a pipeline of prime infill sites to deliver high quality bespoke projects to owner occupier customers.

"The relationship with Phoenix enables us to source high quality opportunities in a competitive environment, with a focus on amalgamations and sourcing off m​arket transactions.

[smartcode_project:default project_id=108800 project_image_fid=179486]

"Our latest acquisition involved the direct approach and amalgamation of 21 strata lots across three buildings, which has taken over seven months to negotiate”.

Trent Winduss, Director and Head of Australian investments in Phoenix’s Sydney office, said the partnership with Abadeen&nbsp;is the realization of a long-considered investment thesis to build a scalable residential development business targeting boutique, quality and desirable apartment living for owner-occupiers in highly sought-after neighbourhoods in Sydney.

"We believe Abadeen is the right partner in helping to realize that thesis given its depth of development experience, vertically integrated project and development management expertise and first-class marketing acumen”.

Since formalising the venture in June, the partnership is off to a rapid start with five active projects and a sixth recently secured located in Crow’s Nest, Naremburn, Cremorne, Mosman and Neutral Bay which have a combined projected gross revenue in excess of $300m.

Development&nbsp;approvals have been obtained by Abadeen for the Crows Nest and Neutral Bay projects, branded ‘KOYO’ and ‘ENSO’ respectively and designed by acclaimed architects Koichi Takada.

KOYO comprises 27 predominantly three-bedroom apartments in a cul de sac setting and is now selling through CBRE Residential Projects.

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ENSO offers nine&nbsp;residences on Grosvenor St in the heart of Neutral Bay village, with both projects aimed towards the down sizer market with luxury finishes and extensive local amenities within walking distance.

A development&nbsp;application has been lodged for the 58-unit planned project in Naremburn, designed by Rothelowman, and will include a wider range of apartment sizes including product for first time buyers. A pre-sale campaign is expected to commence early next year.

The joint venture has acquired a further three projects in the Lower North Shore demonstrating confidence in that market for sites which have the required attributes.

Contracts have been exchanged to acquire an asset at Clifford St, Mosman to create 30 apartments and associated retail space on a site acquired from the State Government, and a corner site at 2 Sutherland St Cremorne to develop 14 predominantly three-bedroom residences which offers Bay views to the North and over Cammeray Golf Club to the West. Contracts have been recently exchanged on a sixth asset located in Neutral Bay which is yet to be disclosed.

The $250 million investment will see between 15-20 projects delivered, with over $1 billion in gross revenue forecasted

Abadeen partner with Phoenix to delivery luxury apartment pipeline for Sydney

The forward-thinking architect Koichi Takada has been&nbsp;one of the hottest commodities&nbsp;on the residential design circuit for over a decade in Australia.

His firm, Koichi Takada Architects, whose approach is to&nbsp;create&nbsp;organically inspired places so the world can reconnect with a more natural, intuitive and conscious future, has been behind some of the most impressive buildings across Australia.

They&#39;ve designed&nbsp;the luxury Crown Group projects Skye in North Sydney, Waterfall by Crown in Waterloo and Infinity by Crown at Green Square, as well as the award-winning mixed use Crown development Arc in the Sydney CBD.

The team was also engaged by FORME, the Brisbane-based developer, to create Norfolk at Burleigh Heads, one of the Gold Coast&#39;s most expensive projects in the last few years. Recently completed, that netted an average sale price of around $4 million for its 15 apartments, including a record $9&nbsp;million penthouse sale. That sold 90 per cent of its apartments within two months of its launch.

The Sydney developer, Abadeen Group, founded and led by the long-time CBRE Residential Projects Chairman&nbsp;Justin Brown, have had Takada work on two of their upcoming developments, the most anticipated being Koyo,&nbsp;a boutique collection of 27 apartments in the heart of Crows Nest.

[smartcode_project:default project_id=108800 project_image_fid=179476]

Koyo, a Japanese terms which refers to the changing colours of the leaves in autumn, has been geared toward the owner-occupier, with its generously-sized living and outdoor areas.

Takada said he was inspired by the parks and the deciduous trees in the area.

&quot;We really&nbsp;wanted to bring that external element of nature into the internal space&quot;, Takada said.

There will be 18-three bedroom apartments, predominantly&nbsp;located at each corner of the development to have the larger outdoor spaces, as well as seven two-bedroom apartments and two-one bedroom apartments. They all have parking, and a number have an additional study or courtyard.

[smartcode_project:default project_id=108800 project_image_fid=179475]

There was a big focus to bring the outdoor in in the&nbsp;10 courtyard apartments, which will feature leafy outdoor areas. The apartments have been designed to take advantage of cross ventilation and to take in as much natural light as possible.

Abadeen are offering buyers to upgrade the apartments with a number of exclusive options, which can include adding a built-in bar, a timber-crafted study nook, or the addition of&nbsp;a fireplace in the living room.

Justin Brown, who founded Abadeen over two decades ago,&nbsp;expects the North Shore owner-occupier market to be the dominant buyer, tapping in to the booing downsizer market.

&nbsp;

[smartcode_project:default project_id=108800 project_image_fid=179488]

&quot;The location of Koyo is almost the epicentre of so many different areas&quot;, Brown says.

&quot;It is equidistant to North Sydney, Cammeray and Neutral Bay.

&quot;There&#39;s a lot of growth&nbsp;happening in North Sydney from a commercial perspective and with the new Metro trains - we really believe it&rsquo;s going to be such a key location for people who wanted to be close to work.

&quot;Koyo is also&nbsp;surrounded by a number of schools, which will open the door for families with school aged children to be interested in the larger three bedroom apartments.&quot;

Completion is expected in early 2023, with the North Sydney Council recently giving the green light to the development.

Abadeen are also developing Koyo&#39;s sister project, Enso, located in Neutral Bay, with just the nine apartments in the boutique block. That&#39;s due for launch later this year.

[smartcode_project_cta: project_id=108800]

Koyo, a Japanese terms which refers to the changing colours of the leaves in autumn, has been geared toward the owner-occupier, with its generously-sized living and outdoor areas

Abadeen Group launch Koichi Takada-designed Koyo apartments at Crows Nest

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A wide-fronted Victorian terrace in Crows Nest, NSW has been sold for $3.45 million.
The four bedroom, two bathroom home is situated at <a href="https://www.realestate.com.au/sold/property-house-nsw-crows+nest-133191066" target="_blank">74 Burlington Street</a>. 
It comes with open living zone, entertaining deck, marble crafted kitchen and private level lawn surrounded by landscaped garden. 
Other features include integrated home sound system, hardwood floors, alarm system and double garage. 
It is moments to quality schools, parks and the future Metro station. 
Peter Chauncy and Debbie Chadwick of McGrath Crows Nest sold the property. 
The house was last sold in 2007 for $1 million. 
 
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Crows Nest Victorian terrace sold for $3.45 million

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<div>A unit block in Crows Nest has sold under the hammer for $4.3 million which was $500,000 above the reserve price.</div>
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<div>The CBRE marketing campaign fielded 455 enquiries, 104 inspections and 72 contract requests. </div>
<div> </div>
<div>There were 13 registered parties when <a href="https://www.realestate.com.au/sold/property-unitblock-nsw-crows+nest-126537910" target="_blank">50 Falcon Street</a> sold to a local buyer on a yield of 2.6 percent. </div>
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<div>The building comprises four, two-bedroom apartments, each with an accompanying study, laundry, and provides four onsite car spaces with rear lane access.</div>
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<div>The total land size is 518sqm. </div>
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<div>The property will also benefit from the future Crows Nest metro station, which will be situated within 600 metres of the site. </div>
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Unit block in Sydney's Crows Nest sells for $4.3 million 

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Following his $4.2 million purchase in Cremorne, Balnaves Foundation boss Hamish Balnaves has listed his now redundant Crows Nest home.
The price guidance is $2,475,000 to $2,700,000.
Balnaves, who runs the Balnaves Foundation, paid $1,355,000 for the three bedroom home in 2007. 
Merging classic and contemporary, the freestanding home on 310 sqm had been a $725 a week rental in recent times.
The home comes with loft space and a garden edged courtyard with built-in barbecue.
McGrath Neutral Bay agent Alex Myers suggested in the listed there is potential to build a second floor.
Balnaves and wife Marta have upgraded, recently settling on a four bedroom Cremorne home with entertaining terrace overlooking a pool and courtyard.
The Balnaves Foundation has provided a huge range of monetary support to medical research, the arts and theatre, particularly indigenous projects.
<div class="attributePanel">This article first appeared in the Sunday Telegraph.</div>
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