Within <a href="https://www.apartments.com.au/new-apartments/candela-ivanhoe-40-upper-heidelberg-road-ivanhoe-vic-3079">Candela Ivanhoe</a>, <a href="https://www.apartments.com.au/developers/salter-brothers">Salter Brothers</a>&nbsp;takes a different approach to larger residences, moving away from the constraints of a single level.

In Grand Residence 3.05, known as the Lustre, plays out across two levels, with a mezzanine configuration that is uncommon in apartment living.

Lustre is a four-bathroom residence where the layout creates a clear distinction between shared and private zones, with uninterrupted views toward the Dandenong Ranges extending the sense of openness from the main living areas.

Entry is to the primary living level, where the kitchen, dining, and living areas are arranged as one continuous space. Timber flooring runs throughout, with a fireplace set within the living zone. Full-height glazing brings in natural light, supported by double glazing that improves thermal performance.

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The kitchen is configured as both a working and social space. A large island bench provides seating, while a walk-in pantry extends storage beyond typical apartment expectations.

Gaggenau appliances, including a 900mm gas cooktop and 600mm oven, are integrated into a layout that connects directly to the adjacent dining and living areas, and outward to the terrace. This balcony includes a built-in BBQ, reinforcing the apartment’s capacity to accommodate larger gatherings without compromising internal space.

A dedicated laundry room, powder room, and a wine cellar area sit discreetly off the main living zone, ensuring that functional requirements are resolved without encroaching on primary living areas. The master suite is also located on this level, designed as a retreat with a walk-through wardrobe and an ensuite that includes double vanities, a bath, and a dedicated dressing table.

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The mezzanine level introduces a second layer of living, rather than simply additional bedrooms. Two large bedrooms with built-in robes are positioned alongside a central bathroom, while a secondary lounge and study area create a self-contained zone suited to children, guests, or extended family. A large storage room further supports long-term usability, addressing a common shortfall in apartment design.

This separation of levels is central to how the residence functions day-to-day. It allows the lower level to operate as the primary entertaining and living space, while the upper level provides privacy and flexibility. The result is closer in feel to a townhouse or standalone home, but with the benefits of apartment living, security, and low maintenance.

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Candela is close to 80 per cent complete, with Ironside delivering construction ahead of its expected October 2026 completion. The development comprises 58 residences, with a strong owner-occupier profile and a mix of one to four-bedroom apartments and loft-style townhouses.

Candela has exclusive access to private amenities, including a residential lounge and rooftop terrace. A charming café and a lifestyle wellness centre are located on the ground level, designed to foster community connection and extend the living experience beyond individual apartments without competing with the scale of homes like Lustre.

Candela, positioned in the heart of Ivanhoe Village, reinforces the practicality of the address. With a Walk Score of 90, residents are within immediate reach of cafés, retail, parklands, and Ivanhoe Station, while also benefiting from proximity to established schools and healthcare services.

[smartcode_project_cta:default project_id=342]

Joel Robinson

Inside Lustre: Grand Residence 3.05 at Candela Ivanhoe

<a href="https://www.apartments.com.au/developers/milieu-property">Milieu</a>’s <a href="https://www.apartments.com.au/new-apartments/elsternwick-gardens-by-milieu-8-gordon-street-elsternwick-vic-3185">Elsternwick Gardens</a> is being shaped around a simple but increasingly rare premise in apartment development: that the built environment should actively support residents’ wellbeing.&nbsp;

Located on the former ABC Studios site on Gordon Street in Melbourne’s south-east, the new neighbourhood sits on an expansive 11,740 sqm site neighbouring the heritage-listed Rippon Lea Estate, whose gardens date back more than 140 years.

Rather than positioning wellness as an add-on amenity, the development integrates it into the physical planning of the site. Architecture by <a href="https://www.apartments.com.au/architects/woods-bagot">Woods Bagot</a> is arranged across six low-rise buildings set within extensive landscaping designed by <a href="https://www.apartments.com.au/landscape-architect/oculus">OCULUS</a>, with more than 40 per cent of the land dedicated to gardens and green space. Walking trails, pocket gardens, and mature trees are threaded between buildings, creating a network of green corridors that encourage residents to move through the precinct on foot and spend more time outdoors.

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Milieu has intentionally framed these gardens as an extension of the neighbouring Rippon Lea Estate. More than 16,000 new plants will be introduced across the site, with species carefully selected to protect and complement the area’s ecological significance. The approach focuses on strengthening existing environmental conditions while establishing new habitats that support native wildlife, reinforcing the role of the landscape as both an active ecosystem and a defining element of daily life.

A private resident gate will provide direct access to the historic grounds during opening hours, allowing residents to move seamlessly between the development’s landscaped gardens and the estate’s expansive lawns, lakes, and mature trees. The project’s gardens will also be maintained by the same gardeners responsible for Rippon Lea, reinforcing the visual and ecological continuity between the two landscapes.

Complementing the landscape is a dedicated wellness hub designed to support everyday health and recovery. Residents will have access to a gym alongside yoga and Pilates studios, while mineral pools and infrared saunas provide spaces for relaxation and restorative wellbeing. Shared lounges, workshop spaces, and pet care facilities expand the concept of wellness beyond fitness, creating opportunities for social connection and community interaction within the precinct.

Environmental performance is another key component of the project’s wellbeing focus. Elsternwick Gardens will be entirely fossil-fuel-free, with homes designed to operate on renewable electricity rather than gas. Passive design strategies, including cross-flow ventilation, high-performance insulation, and thermally broken double glazing, are intended to maintain comfortable indoor temperatures while reducing energy demand. Solar photovoltaic systems will power common building services, while rainwater harvesting will help irrigate the extensive landscaping across the site.

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Milieu Founder and Managing Director Michael McCormack says the scale and setting of the project allowed the team to take a different approach to urban apartment living.

“This site represents a once-in-a-lifetime opportunity to build something truly special,” McCormack says.

“Through that process, we arrived at a design that centres on a fully realised natural landscape – a series of private, interconnected gardens that encircle the homes and extend seamlessly from Rippon Lea Estate.”

Elsternwick Gardens will comprise three residential offerings, Gordon Place, Ripponlea Terrace, and The Garden Pavilion, each designed for owner-occupiers and shaped around high-quality interior design by Woods Bagot, K.P.D.O., and Flack Studio. The first stage, Gordon Place, includes one-, two-, and three-bedroom apartments designed with a strong focus on indoor-outdoor living and sustainability.

[smartcode_project:default project_id=136535 project_image_fid=288412]

Milieu recently appointed <a href="https://www.apartments.com.au/builders/brady-constructions">Brady Constructions</a> to deliver the project, marking a key milestone for the development. The appointment follows the demolition of the former studio buildings on the Gordon Street site, with construction progressing toward the delivery of the nature-led community.

Situated between the established villages of Elsternwick and Ripponlea, the development balances its garden setting with strong urban connectivity. Residents will be within walking distance of cafés, restaurants, and local retail, while nearby train and tram connections provide quick access to Melbourne’s CBD and the beaches of Elwood and St Kilda.

With construction underway and the first residents expected to move in by early 2027, Elsternwick Gardens represents a growing shift in apartment development toward environments that prioritise wellbeing as much as density or location. By placing landscape, sustainability, and shared spaces at the centre of the design, Milieu is positioning the project as a residential neighbourhood where wellness is not just promoted, but built into the structure of everyday life.

[smartcode_project_cta:default project_id=136535]

Elsternwick Gardens' wellness-first design strategy

Brisbane-based developer <a href="https://www.apartments.com.au/developers/red-co">Red &amp; Co</a> has made a striking debut on the Gold Coast, officially unveiling its $250 million COMO development in Varsity Lakes, a lifestyle-driven residential project anchored by an extensive rooftop wellness and activity precinct.

Having recently launched to market, construction has already been fast-tracked by <a href="https://www.apartments.com.au/builders/5point-projects">5Point Projects</a>, ensuring momentum continues on what is set to become a landmark residential address for the growing Varsity Lakes community.

Located at 22 Lake Street, Varsity Lakes, <a href="https://www.apartments.com.au/new-apartments/como-varsity-lakes-22-lake-street-varsity-lakes-qld-4227">COMO</a> will comprise 156 apartments across 16 levels, comprising one-, two- and three-bedroom residences designed for modern living. However, it is the project’s rooftop amenity offering that sets COMO apart.

[smartcode_project:default project_id=135546 project_image_fid=363510]

Designed as a dedicated wellness and recreation hub, the rooftop will feature a 25-metre lap pool, fully equipped gymnasium, and multiple pickleball and paddleball courts - amenities rarely seen in boutique apartment projects.

Residents will also have access to a sauna and plunge baths, while landscaped gardens and relaxation zones will provide tranquil spaces overlooking sweeping panoramic views across the Gold Coast skyline.

The rooftop precinct has been designed to function as the social and wellness heart of the development, encouraging residents to embrace an active, balanced lifestyle within their own building.

&nbsp;

[smartcode_project:default project_id=135546 project_image_fid=363512]

Red &amp; Co director David Laverty said the amenity offering was central to the project’s design from the outset.

“Amenities were at the forefront of our decisions,” Laverty said.

“Buyers today are looking for more than just an apartment - they want a lifestyle that promotes health, connection and balance.

“The rooftop at COMO has been designed to be the epicentre of that lifestyle, with a suite of wellness and recreation facilities that are quite unique for a boutique development of this scale.”

&nbsp;

[smartcode_project:default project_id=135546 project_image_fid=363514]

Designed by <a href="https://www.apartments.com.au/architects/bda-architecture">BDA Architecture</a>, the residences prioritise liveability, featuring spacious layouts, 2.7-metre ceilings and high-quality finishes throughout.

The development sits beside Bond University, placing residents within walking distance of education, retail and dining options within the vibrant Varsity Lakes precinct, including Robina Town Centre, Varsity Lakes Train Station and a range of leading schools.

[smartcode_project:default project_id=135546 project_image_fid=363511]

Laverty said the location was a key driver behind Red &amp; Co’s decision to bring the project to the Gold Coast.

“<a href="https://www.apartments.com.au/developments/varsity-lakes-qld-4227">Varsity Lakes</a> was a clear choice for us to invest in as it’s a lifestyle hub that seamlessly blends lakeside living with urbanity,” he said.&nbsp;

“Como will capitalize on this great location, delivering a project that not only creates premium homes, but a lifestyle defined by community, wellbeing, and connectivity.”

Red &amp; Co has delivered more than 500 apartments and townhouses across 26 projects in Brisbane in recent years, with COMO marking the company’s first major Gold Coast development.

[smartcode_project_cta:default project_id=135546]

Red & Co unveils amenity-rich Como development in Varsity Lakes

Gold Coast developer&nbsp;<a href="https://www.apartments.com.au/developers/big-projects">Big Projects</a> has secured approval for its second Mermaid Beach project.

The developer, currently selling <a href="https://www.apartments.com.au/new-apartments/the-frederick-mermaid-beach-2265-gold-coast-highway-mermaid-beach-qld-4218">The Frederick in Nobby Beach</a>, has secured approval for its next project just 1.5 kilomnetres up the road.

The new development, dubbed&nbsp;<a href="https://www.apartments.com.au/new-apartments/glenelg-residences-2462-2472-gold-coast-highway-mermaid-beach-qld-4218">Glenelg Residences</a>, has been designed by BDA Architecture and&nbsp;will have just under 100 apartments across an 11-storey building&nbsp;at 2462–2472 Gold Coast Highway, on the corner of Glenelg Avenue just under 300m from the future Mermaid Beach Light Rail stop.

The apartments, a mix of two- and three-bedrooms, will sit above a retail-focused ground plane and under extensive rooftop resident amenities.

<img alt="Exclusive: Big Projects plot Mermaid Beach apartment development, Glenelg Residences" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_75/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screen%20Shot%202024-06-11%20at%209.55.04%20am.png?VersionId=z6NV4izeuvhBSSVlY6vK6TPO1LxrFeaG" />

BDA said in its planning submission that the project is intended to support the area’s transition toward higher-density, mixed-use living. “This project offers the opportunity to generate appropriate higher-intensity development within the future Light Rail corridor of <a href="https://www.apartments.com.au/developments/mermaid-beach-qld-4218">Mermaid Beach</a>,” the submission noted.

At ground level, Glenelg Residences will include eight retail tenancies designed to activate the street frontage, complemented by a basement bar offering an additional hospitality element. Above, residents will have access to a rooftop amenity deck featuring an infinity pool, hot and cold plunge spas, day beds, and barbecue facilities.

The architectural approach adopts a restrained material palette of brick, textured concrete, and integrated landscaping, with cantilevered concrete frames and cascading planting intended to soften the built form. BDA described the design as aiming to create “a memorable sculptural mid-rise mixed-use building” that responds to both its coastal setting and urban context.

<img alt="Exclusive: Big Projects plot Mermaid Beach apartment development, Glenelg Residences" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-06-11%20at%209.55.45%20am.png?VersionId=cpjIVBqcT_sujmo2UMWkVyLcQ7WGJHaQ" />

The approval comes as the City of Gold Coast continues to plan for significant population growth, with regional targets requiring more than 100,000 new high-density dwellings by 2046.

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Big Projects, led by Matthew and John Barrett, is part of a growing cohort of developers that deliver construction in-house, providing a high level of confidence to prospective purchasers.
</section>

[smartcode_project_cta:default project_id=150260]

Big Projects secures approval for Glenelg Residences in Mermaid Beach

Sherpa Group is ramping up its investment in the southern Gold Coast by lodging a development application for <a href="https://www.apartments.com.au/new-apartments/flourish-viver-87-griffith-street-coolangatta-qld-4225">Flourish Viveré</a>, a new $350 million project in Coolangatta.

The move comes after the group’s $27 million acquisition of the 2,029 sqm site on the corner of Griffith and Warner Street, last year.

They will develop 194 apartments across a 26-storey tower, which will become Sherpa’s largest project to date.

Viveré will be the next chapter in the Flourish story, following closely behind Amargo, Oasis, and the Avenues in Palm Beach, as well as Symphony in Brisbane, all designed to deliver affordable housing in lifestyle-rich locations, giving locals a real chance to secure a residence close to the beachfront.

The HAL Architect-designed project will offer a diverse range of residences, from one-, two, and three- bedroom apartments to the premium Canopy range to luxury penthouses.

<img alt="Vivere" data-entity-type="file" data-entity-uuid="c85f5a7e-a22f-4745-8def-400adb3c0b35" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-04-15%20at%209.53.43%E2%80%AFAM.png?VersionId=OY.chur3BPExn1exQ2q8clHqWnW_CaBi" />

“The Gold Coast is undergoing a period of immense growth, with more people drawn to the incredible 
lifestyle that’s available, leading to strong growth in property prices,” said Christie Leet, founder of Sherpa 
Group.

“Our goal at Sherpa is to ensure locals are not priced out of the market in prime locations, which is why we 
created the Flourish collection.

“Flourish Vivere will form the next chapter in our portfolio, and we are so excited to be lodging the DA, marking our first project in Coolangatta.”

A signature of the Flourish developments is the communal rooftop. Flourish Vivere will showcase a private resident’s lounge, outdoor dining with barbecues and pizza ovens, heated pool, fully-equipped gym, and a wellness centre with sauna and steam room.

<img alt="Vivere" data-entity-type="file" data-entity-uuid="c09372cc-aae6-4458-af2e-f291bd19a5e5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-04-15%20at%209.53.49%E2%80%AFAM.png?VersionId=Sc_RLXl5jiff.tnadogXjQJ_WIpDjf3p" />

The project is strategically located to offer a walkable lifestyle, with the Strand shopping centre, cafes, restaurants, shops and the beach, all just a short stroll away.

“We have meticulously planned Vivere to build on the Flourish legacy, creating a truly special project,”&nbsp;Leet added.

“Wellness, lifestyle and community are at the forefront of every decision we make, and that has not 
changed for Vivere.”

With the DA now lodged with the Gold Coast City Council, Sherpa has moved quickly to secure LPS Group as the builder, offering buyers a level of certainty that is rarely seen in today’s market.

Sherpa has delivered 16 residential projects over the past seven years with a pipeline of $1 billion, with more under construction.

Sherpa takes Flourish brand to Coolangatta, lays plans for Flourish Vivere 

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.

[smartcode_project:default project_id=108800 project_image_fid=179484]

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>
<div> </div>
<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>
<div> </div>
<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>
<div> </div>
<div>The total land size is 518sqm. </div>
<div> </div>
<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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