For most new apartment buildings, the Owners Corporation starts life with little more than a bank account and the first quarterly strata levies.

At <a href="https://www.apartments.com.au/buildings/9-gay-street-castle-hill-9-gay-street-castle-hill-nsw-2154">9 Gay Street</a> in <a href="https://www.apartments.com.au/developments/castle-hill-nsw-2154">Castle Hill</a>, it starts with around $7 million in reserve.

It's an unusual legacy of what was once one of Sydney's highest-profile apartment remediation projects. When the development, originally known as Skyview and built by disgraced developer Top Place, came under scrutiny by then NSW Building Commissioner David Chandler, an $11 million remediation bond was negotiated to ensure any building defects could be fully rectified.

The building underwent an 18-month remediation program, during which around $4 million of that bond was spent bringing the building up to the standard it should have been in from the outset.

After extensive inspections, all active rectification orders have been lifted. What's more, around $7.2 million remains secured for the Owners Corporation for the next 15 years.

In a twist few would have predicted, what began as a significant concern for purchasers has left the building with something almost unheard of in the apartment market: a multi-million-dollar financial reserve from day one.

[smartcode_project:default project_id=147685 project_image_fid=359136]

<a href="https://www.apartments.com.au/project-marketer/equitifund-group">Equitifund</a> Executive Chairman Greg Huxley said the structure offers buyers a level of certainty that is difficult to replicate.

"The $11 million bond established for the Skyview Castle Hill development represents exceptional value, providing genuine financial security for purchasers," Huxley said.

"Unlike a standard insurance policy, this bond consists of real funds held in trust for the Owners Corporation, offering a tangible layer of protection and added peace of mind."

The apartments themselves have been designed with a focus on practical, contemporary living. Interiors feature Smeg appliances, stone benchtops, tiled living areas, carpeted bedrooms, 2.7-metre ceilings, floor-to-ceiling glazing, and ducted heating and cooling throughout.

Residents also have access to a range of shared amenities, including two rooftop barbecue areas, a swimming pool, children's playgrounds, secure building access, storage cages, and visitor parking.

The location continues to be one of the project's strongest drawcards. Castle Hill Metro Station sits virtually on the doorstep, providing direct connections across Sydney's expanding Metro network, while Castle Towers offers extensive retail, dining, entertainment, and service amenities within walking distance.

[smartcode_project:default project_id=147685 project_image_fid=359127]

The building, now named after its location at 9 Gay Street, comprises a diverse mix of one-, two-, and three-bedroom apartments starting from just under $600,000.

Equitifund National Sales Director Ben Hamblett said demand in the Hills District continues to be driven by buyers seeking convenience and connectivity.

"Interest from both owner-occupiers and investors in Castle Hill remains exceptionally strong, with buyers consistently prioritising developments in close proximity to the Metro station and Castle Towers Shopping Centre," Hamblett said.

"There is a clear trend in the market, with purchasers seeking convenient access to transport and lifestyle amenities that support a seamless, low-maintenance way of living."

On top of the long-term protection afforded by the remaining $7.2 million bond, Equitifund is offering a limited-time stamp duty rebate on selected apartments.

Eligible purchasers can also secure finance options, including a 3.99 per cent two-year variable rate, loan-to-value ratios of up to 90 per cent, and interest-only lending options through EquitiCredit.

[smartcode_project_cta:default project_id=147685]

Joel Robinson

Why this Castle Hill apartment building starts with a $7 million advantage

For much of the past few years, conversations about Australia's property market have centred on the rapid growth seen in Sydney, Brisbane, Gold Coast, and Perth. <a href="https://www.apartments.com.au/developments/melbourne-vic-3004">Melbourne</a> has followed a different trajectory.

That relative underperformance is now encouraging some buyers to reassess the city, particularly those willing to look beyond short-term market movements and focus on quality property in established locations, along with the long-term growth prospects of a city expected to overtake Sydney as Australia’s most populous.

John Bekiaris, Research &amp; Market Insights at <a href="https://www.apartments.com.au/project-marketer/equitifund-group">Projects by Equitifund</a>, said Melbourne's current position is attracting increasingly sophisticated purchasers.

"Melbourne continues to present one of Australia's strongest long-term investment stories," Bekiaris says.

"While other capital cities have experienced stronger recent growth, that relative underperformance is exactly what's attracting sophisticated counter-cyclical investors."

[smartcode_project:default project_id=1979 project_image_fid=363268]

Equitifund isn't just commenting on Melbourne's property market, it's investing in it.

The Sydney-headquartered capital partner has taken over the remaining apartments at <a href="https://www.apartments.com.au/buildings/victoriana-melbourne-20-queens-road-melbourne-vic-3004">Victoriana</a>, the recently completed glass-encased development opposite Albert Park Lake in Melbourne's tightly held St Kilda Road precinct.

Designed by <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a> and built by <a href="https://www.apartments.com.au/builders/hickory">Hickory</a>, Victoriana places residents between one of Melbourne's most recognised parklands and the CBD, offering oversized two and three-bedroom apartments aimed at owner-occupiers seeking a genuine alternative to a traditional family home.

The development comprises 232 completed residences alongside a suite of resident amenities, including a 25-metre indoor swimming pool, gymnasium, landscaped entertaining areas, resident lounges, EV charging, secure basement parking and a concierge-style arrival experience.

[smartcode_project:default project_id=1979 project_image_fid=363229]

The apartments have been designed with owner-occupiers firmly in mind.&nbsp;Open-plan living and dining areas flow onto generous balconies framing views across Albert Park Lake, Fawkner Park, the Royal Botanic Gardens and the Melbourne skyline.

Kitchens feature Gaggenau appliances, stone benchtops and generous preparation space. Bedrooms include built-in robes, while bathrooms feature full-height textured tiling. Hardwood flooring and ducted air conditioning complete residences designed for long-term living.

Rothelowman's architecture takes its cues from the landscape opposite the site. Sweeping horizontal glazing references the movement of Albert Park Lake, while generous balconies and expansive glazing strengthen the connection between the apartments and the surrounding parklands. The result is a building designed to deliver the scale and amenity expected of luxury apartment living, while offering the larger floorplans increasingly sought by owner-occupiers.

[smartcode_project:default project_id=1979 project_image_fid=363284]

The location is one of Victoriana's defining characteristics. Positioned on Queens Road, residents are directly opposite Albert Park Lake and within easy reach of Fawkner Park, the Royal Botanic Gardens, South Melbourne, St Kilda Road and the CBD. With few comparable development opportunities remaining in the precinct, buyers are increasingly placing value on outlooks that are unlikely to be interrupted by future construction.

Greg Huxley, Founder of Equitifund, believes those qualities become even more valuable over time.

"Premium real estate has always rewarded buyers who take a long-term view," Huxley said.

"Victoriana represents the kind of asset that's increasingly difficult to recreate today, particularly in an established location like Queens Road."

He said rising construction costs are also changing the way buyers assess completed developments.

"When you combine an irreplaceable location with thoughtful architecture and premium finishes, you create something that becomes increasingly difficult to reproduce as construction costs continue to rise."

[smartcode_project:default project_id=1979 project_image_fid=363228]

According to National Sales Director Ben Hamblett, enquiry has been driven largely by Melbourne downsizers and buyers upgrading from smaller apartments.

"Interest in Victoriana continues to build, with strong buyer focus on the larger owner-occupier residences within the development," Hamblett says.

"Enquiry is increasingly driven by local buyers who recognise the rarity of what's on offer: park-facing apartments in an established neighbourhood where new development opportunities are becoming increasingly scarce. At Victoriana, the view is not just a feature; it's an appreciating asset in its own right."

He said interstate enquiry has also strengthened as buyers reassess Melbourne's position within the national property cycle.

"Melbourne currently stands as the most compelling entry point of any major Australian capital, and discerning buyers are beginning to recognise what those who move early always understand: the best opportunities are taken before the price rise confirms them."

[smartcode_project_cta:default project_id=1979]

Why now is the time to buy in Melbourne's premium apartment market

Developers and apartment buyers have a narrowing window of opportunity before Brisbane's Olympic infrastructure pipeline begins competing directly with residential construction, pushing up costs, tightening labour supply and making new projects increasingly difficult to deliver.

While Brisbane's apartment market continues to benefit from strong population growth and limited housing supply, industry research suggests the years leading up to 2027 could prove to be the most important period for developers looking to secure builders and buyers hoping to purchase before the next wave of price increases.

A new Colliers report, Brisbane 2032 Olympic and Paralympic Games: Creating Solutions, highlights the scale of the challenge. While thousands of new homes are planned across South East Queensland, the Brisbane Olympic Athletes Village alone will deliver more than 10,500 beds during the Games before being converted into around 1,750 to 2,000 apartments. Equivalent to almost two years of typical inner-city apartment supply, the project will also absorb a significant share of the construction workforce and building materials.

The broader construction pipeline paints an even clearer picture.

Construction Skills Queensland's Horizon 2032 report forecasts Queensland's annual construction pipeline will average $69 billion over the coming years before peaking at $75 billion in 2027-28. Demand for construction workers is expected to increase by 17 per cent to almost 150,000 people, with the industry facing an annual shortfall of around 19,000 workers that could blow out to as many as 35,000 during the peak construction period.

The Olympic venues, athletes village and supporting infrastructure will account for billions of dollars worth of work across South East Queensland through to 2032, creating intense competition for labour at a time when Australia's residential construction sector is already under pressure.

[smartcode_project:default project_id=150489 project_image_fid=373834]

Colliers Queensland Residential Director Andrew Scriven said the convergence of these projects is creating a clear window of opportunity for both developers and buyers.

"From 2027 onwards, the market will shift dramatically," Scriven said.

"Labour will increasingly be locked into government-led infrastructure and Olympic projects, which means private residential developments will face higher costs and tighter margins. The developers who move now are the ones most likely to get projects off the ground."

Scriven said the same dynamic would also affect buyers, with fewer apartment projects expected to launch once construction capacity tightens.

"If you're looking to change your lifestyle over the next five years, now is your window of opportunity to buy."

[smartcode_project:default project_id=150713 project_image_fid=373827]

Developers are already positioning themselves ahead of that window.

Following the success of Monarch at Toowong, Consolidated Properties is preparing to launch two new Brisbane apartment projects in the second half of 2026. They include <a href="https://www.apartments.com.au/new-apartments/gloriette-30-bedivere-street-yeerongpilly-qld-4105">Gloriette</a> at Yeerongpilly Green, a 25-storey tower within one of Brisbane's key Olympic precincts, and <a href="https://www.apartments.com.au/new-apartments/castile-47-skyring-terrace-newstead-qld-4006">Castile</a>, a recently approved 25-storey riverfront development at 47 Skyring Terrace in Newstead.

Hutchinson Builders will deliver both projects, with early works already underway at Yeerongpilly and Newstead expected to commence later this year.

The timing comes as Brisbane's fundamentals continue to strengthen, with strong interstate migration, population growth and vacancy rates remaining below 1.5 per cent.

Colliers Queensland researcher Pragya Sharma said Greater Brisbane is forecast to require around 40,000 new apartments between 2021 and 2031.

"There's a real mismatch emerging between when housing is needed and when it will be feasible to build," Sharma said.

"As a result, the period leading up to 2027 presents a key window of opportunity for developers to secure approvals, funding and construction capacity, while buyers will have greater choice before supply constraints intensify."

Colliers research outlines a critical pre-2027 window to start residential projects before labour squeeze: now is the time to buy

Developers, buyers on watch in South East Queensland ahead of construction crunch: Colliers

It's taken less than nine months for developer Sherpa Property Group to sell out all 51 apartments in its <a href="https://www.apartments.com.au/new-apartments/flourish-oasis-palm-beach-7-9-sixth-avenue-palm-beach-qld-4221">Flourish Oasis</a> development in <a href="https://www.apartments.com.au/developments/palm-beach-qld-4221">Palm Beach</a>, over a year before its anticipated completion.

&nbsp;

Located at 7-9 Sixth Avenue, the $67 million development has resonated strongly with both local owner-occupiers and downsizers seeking high-quality apartments within walking distance of the beach, dining precincts and everyday amenities.

[smartcode_project:default project_id=151449 project_image_fid=357458]

Christie Leet, Founder of <a href="https://www.apartments.com.au/developers/sherpa-property-group">Sherpa Group</a>, said the sell-out reflected both the strength of the Palm Beach market and the success of Sherpa's community-first approach to development.

"The sell-out of Oasis is a fantastic outcome and reinforces the strong demand we're seeing for thoughtfully designed apartments in lifestyle locations," Leet said.

"From the outset, our vision was to create a development that genuinely enhanced the Palm Beach community while providing residents with exceptional homes and wellness-focused amenities.

"We've been incredibly encouraged by the level of local support throughout the campaign, 72.5 per cent of buyers are locals, with a significant proportion of purchasers choosing Oasis as their future home rather than an investment."

[smartcode_project:default project_id=151449 project_image_fid=357463]

Construction is now progressing following development approval, with trusted builder LPS Group delivering the project and completion anticipated in Q3 2027.

Oasis forms part of Sherpa Group's successful Flourish collection, which has become recognised for its focus on wellness, community and elevated coastal living.

[smartcode_project:default project_id=151449 project_image_fid=357469]

Residents will have private access to a rooftop amenity space featuring a pool, gym, sauna, steam room, hot and cold plunge pools, spa and barbecue facilities.

"The success of Oasis demonstrates that buyers continue to prioritise quality, location and lifestyle," Leet said.

"We are proud to have delivered a project that has resonated so strongly with the market and look forward to bringing Oasis to life for our future residents."

Sherpa recently launched <a href="https://www.apartments.com.au/new-apartments/flourish-soleira-palm-beach-1150-1160-gold-coast-highway-palm-beach-qld-4221">Flourish Soleira</a>, its third instalment of the Flourish brand in Palm Beach following Flourish Oasis and <a href="https://www.apartments.com.au/new-apartments/amargo-6-12-sixth-avenue-palm-beach-qld-4221">Flourish Amargo</a>.

[smartcode_project_cta:default project_id=151449]

Sherpa sells out Flourish Oasis in booming Palm Beach

Urban Property Group's <a href="https://www.apartments.com.au/new-apartments/la-vera-macquarie-park-94-talavera-road-macquarie-park-nsw-2113">La Vera</a> is leading the next phase of Macquarie Park's residential evolution, with the new apartment development set to become the first of several new apartment projects in the precinct to complete.

The 169-apartment building has now topped out ahead of its scheduled completion in the third quarter of 2026, as new residential investment continues to reshape one of Sydney's largest employment hubs into a true mixed-use precinct.

[smartcode_project:default project_id=134951 project_image_fid=368645]

Cox Architecture has designed La Vera to capture the best of its unique positioning on Talavera Road, orienting the building towards Lane Cove National Park.&nbsp;The building features a sculpted northern façade with flowing curves inspired by the surrounding landscape, while its city-facing elevation adopts a more structured architectural expression to maximise skyline views.

"The vision for the project was to conceive a building that adopted an organic and curvilinear form to the northern portion that faces the Lane Cove National Park," <a href="https://www.apartments.com.au/architects/cox-architecture">Cox Architecture</a> Director Felipe Miranda said.

"The residents that reside in the northern portion of the building benefit by having beautifully crafted curved balconies that speak to the natural context and heighten the relationship of their internal living spaces to the external balconies."

[smartcode_project:default project_id=134951 project_image_fid=358802]

La Vera offers a diverse mix of one, two, three, and four-bedroom configurations, with prices currently starting from $740,000. Buyers so far have been a mix of Sydney-based investors,&nbsp;metro commuters, owner-occupiers and downsizers from surrounding North Shore suburbs.

Both investors and owner-occupiers have been drawn to La Vera's proximity to Macquarie University, Macquarie University Hospital, Macquarie Centre and the Sydney Metro, infrastructure that supports both strong rental demand and a convenient lifestyle for residents.

The apartments feature full-height glazing, timber flooring throughout living areas, stone kitchen benchtops, SMEG appliances, floor-to-ceiling bathroom tiling and ducted air conditioning.

Residents will have access to a rooftop recreation level featuring a swimming pool, sauna, barbecue facilities and landscaped relaxation areas, complemented by additional communal space at ground level. Many apartments enjoy uninterrupted views across Lane Cove National Park, reinforcing the project's connection to its natural setting.

[smartcode_project:default project_id=134951 project_image_fid=364551]

<a href="https://www.apartments.com.au/developers/urban-property-group">Urban Property Group</a>, a family-owned developer and builder with nearly four decades of experience, holds a 4.5-star iCIRT rating and was Australia's first developer to introduce 10-Year Latent Defects Insurance (LDI). La Vera is the first apartment development in <a href="https://www.apartments.com.au/developments/macquarie-park-nsw-2113">Macquarie Park</a> approved to offer the additional insurance protection, alongside a five-year warranty on SMEG appliances.

Urban Property Group CEO Patrick Elias said the additional protection reflects changing buyer expectations in the off the plan market.

"Consumers are a lot more weary and a lot more concerned in buying off the plan than they ever have been. Having LDI is a tool to portray the confidence that we have in our product, and a confidence we want buyers to share," Elias said.

Following completion of the building later this year, buyers will move into their apartments well before Christmas.

[smartcode_project_cta:default project_id=134951]

La Vera closes in on completion as Macquarie Park continues residential transformation

Development Application

Two new mixed-use residential developments are in the pipeline for Wollongong&rsquo;s CBD, continuing the upwards growth in the area.

Local developers, Blaq Projects, are behind one of the lodged development, with plans to construct an 18-storey building at 24-30 Kenny Street.

The $33 million development outlines 68 residential units, along with a 78-room hotel which will feature a range of amenities, including a caf&eacute;, swimming pool and gym.

While the operator for the hotel is yet to be announced, the successful group will manage and operate the hotel alongside Anya Solutions, which is headed by Blaq&#39;s chief financial officer, Sharmen Naidoo.

Designed by Robert Gizzi at Design Workshop Australia - another Wollongong local &ndash; the development application has also included basement level parking for 122 vehicles.

On the northern end of the CBD, a seven-storey residential development has been put forward, with plans to designate the 1889 sqm ground floor as retail space.

81-85 Keira Street will comprise 43 apartments and will feature basement level parking.

Local developers, Blaq Projects, are behind one of the lodged development, with plans to construct an 18-storey building at 24-30 Kenny Street.

alisonwarters@gmail.com

Two new residential offerings added to Wollongong's development pipeline

There were a number of development updates and lodged plans up and down the Gold Coast over June, as well as a sales update considered by many as one of the best selling towers ever seen on the Gold Coast.

Urban has wrapped up the movements on the Gold Coast across June.

Seven boss Ryan Stokes lodges plans for Palm Beach apartment development Akuna

The Seven Group media heir Ryan Stokes is set to develop an apartment block on his recently acquired double block on Gold Coast’s Palm Beach.

<a data-entity-type="" data-entity-uuid="" href="/news/qld/seven-boss-ryan-stokes-lodges-plans-for-palm-beach-apartment-development-akuna"><img alt="" height="737" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/akuna_4.jpg" width="1200" /></a>

Stokes, managing director and&nbsp;chief executive of Seven Group Holdings which his father Kerry Stokes founded in 1991, has lodged plans for Akuna, a boutique block of just 13 apartments designed by the Brisbane-based Modulus Architecture at 39-41 Jefferson Lane, Palm Beach.

For more information, <a href="/news/qld/seven-boss-ryan-stokes-lodges-plans-for-palm-beach-apartment-development-akuna">click here</a>.

Cru Collective submit plans for Kirra Beach apartment development

Having recently completed its Palm Beach apartment development Siarn,&nbsp;Gold Coast developer&nbsp;Cru Collective&nbsp;has lodged a development application for an exclusive&nbsp;collection of full floor apartments on&nbsp;the sought-after Kirra beachfront.

<a data-entity-type="" data-entity-uuid="" href="/news/qld/cru-collective-submit-plans-for-luxury-kirra-beach-apartment-development"><img alt="" height="800" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/cru_2_0.jpg" width="1200" /></a>

The site at 2 Musgrave Street will become a boutique tower of just 11 beachfront apartments, each with three bedrooms and internal living space of over 280 sqm.

Each apartment will have two living areas, a butler’s pantry, wine cellar and a&nbsp;dry bar. Secure lift access will lead to each residence’s private foyer.

For more information, <a href="/news/qld/cru-collective-submit-plans-for-luxury-kirra-beach-apartment-development">click here</a>.

S&amp;S Projects lodge plans for mixed-use Coolangatta development Esprit

Fresh off the success of their nearby Flow and Awaken Residences, the Gold Coast&nbsp;developer S&amp;S Projects has lodged plans for its latest coastal development.

<a href="/news/qld/first-look-s-s-projects-lodge-plans-for-mixed-use-coolangatta-development-esprit"><img alt="" data-entity-type="" data-entity-uuid="" height="726" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/esprit_3.jpg" width="1200" /></a>

They're set to develop a mixed-use precinct at&nbsp;217-227 Boundary Street Coolangatta, a few streets back from Rainbow Bay.

Above ground level retail will be two interconnected buildings designed by&nbsp;Cottee Parker Architects&nbsp;totalling&nbsp;96 apartments.

The main residential tower will have 72-two bedroom apartments and 19-three bedroom apartments across 12 levels.

For more information, <a href="/news/qld/first-look-s-s-projects-lodge-plans-for-mixed-use-coolangatta-development-esprit">click here</a>.

Sammut nearly sell-out Surfers Paradise apartment tower just three weeks after lodging DA

Just three weeks after submitting their development application, the Sydney-based developer Sammut Group have secured $110 million in conditional sales for Coast, their Surfers Paradise apartment tower.

<a href="/news/qld/sammut-nearly-sell-out-surfers-paradise-apartment-tower-just-three-weeks-after-lodging-da"><img alt="" data-entity-type="" data-entity-uuid="" height="675" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/coast_ocean_bar_0.jpg" width="1200" /></a>

They've secured sales of over 43 of the 49 total apartments, with sales so far ranging between $3.5 million and $9 million, at an average of $4.5 million.

For more information, <a href="/news/qld/sammut-nearly-sell-out-surfers-paradise-apartment-tower-just-three-weeks-after-lodging-da">click here.</a>

De-Luxe apartments set to tower over Old Burleigh Theatre site

In the 1930s the Old Burleigh Theatre&nbsp;was a popular cinema and&nbsp;dance hall.

<a href="/news/qld/de-luxe-apartments-set-to-tower-over-old-burleigh-theatre-site"><img alt="" data-entity-type="" data-entity-uuid="" height="726" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/de_luxe_1.jpg" width="1200" /></a>

The Goodwin Terrace building is now set to start its new life as a mixed-use development, with the Sydney-based developers Weiya Holdings&nbsp;receiving&nbsp;sign off from the Gold Coast Council to create a new local hotspot.

The development&nbsp;will be&nbsp;the first ever adaptive re-use of a building with heritage elements on the Gold Coast.

There will be 30 apartments designed by the Brisbane-based architecture firm Conrad Gargett, who specialise in heritage restoration.

For more information, <a href="/news/qld/de-luxe-apartments-set-to-tower-over-old-burleigh-theatre-site">click here</a>.

Urban has wrapped up the movements on the Gold Coast across June

Development update: What happened on the Gold Coast in June?

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Plans have been lodged for an eight level, 45 apartment tower in the Queensland's coastal Palm Beach.

The yet-to-be-named project at 14-18 Twenty Eighth Avenue, Palm Beach been described as "an elegant and visually interesting addition to the Palm Beach precinct" in the proposal submitted to the City of Gold Coast Council.

It is being developed by MGVS Properties, which is ran by the local Dolso family.

<img alt="" height="784" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/palm_beach_newest_2.jpg" width="1200">

The 45 apartments will be made up of primarily two bed units, with seven one bedroom apartments, 30 two beds and eight three bedders. The rooftop will feature a communal swimming pool and entertaining space.

"This project offers the opportunity to design an innovative architectural building and provide a higher density residential development in the Northern Palm Beach precinct", the proposal's executive summary read.

BDA Architecture have designed the tower which has considered its natural coastal surroundings not far from the Palm Beach sand.

<img alt="" height="598" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/palm_beach_tower_2.jpg" width="1200">

"The architecture of the proposed development is minimal and fluid, with cantilevered concrete frames and a textured and timeless material palette of white weatherboard, textured concrete, timber look screening and natural stone, creating a rich and layered coastal effect," the design statement read.

The 1,215 sqm site sold for $2.8 million in September last year. Currently on the property is a block of four apartments and a two level brick house. It was marketed as a prime development site.

[smartcode_project:default project_id=22057]

Design Intent submission

In its overall massing and composition, the external form of the project has been developed to provide both a respectful acknowledgement to neighbouring buildings; and also to take advantage of the abundant views.

The building has been carefully composed as a tower that touches the ground lightly, with architectural elements and materials that further enhance this. The design intent is to contribute positively to the image, quality and overall identity of Palm Beach, with a resolved and expressive built form and considered street frontage.

<img alt="" height="1597" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/palm_beach_newest_1.jpg" width="1600">

The urban design principles of this proposal include: 
- Create an interesting and dynamic building, especially as viewed from Twenty Eighth Ave. 
• Provide comfortable pedestrian access from Twenty Eighth Ave. 
• Provide safe access to and from the site for pedestrians, motorists and service vehicles. 
• Maximise the opportunity for deep planting at street edges and for additional planting at podium level, as well as up the building. 
• Screen on-site parking areas from viewing in the public domain. 
• Maintain visual and acoustic privacy to and from neighbours. 
• Maximise the opportunity for outlook to the abundant views and the provision of sheltered outdoor recreation for residents. 
• Provide equitable access for those with impaired mobility. 
• Achieve a high standard of design, build quality and finish quality.
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BDA Architecture have designed the tower which has considered its natural coastal surroundings not far from the Palm Beach sand

Tower reveal: New apartment development lodged for Palm Beach

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Developer Paul Gedoun of S&amp;S Projects has lodged a development application with the Gold Coast Council for a luxury Coolangatta apartment complex, just a block away from his Flow triumph at the top of Point Danger.

The project is set for the site currently home to Café Dbar. 

The 506 sqm site at 275 Boundary Street provides three-street frontage on one of the highest elevations on the city’s coastline.

It has a 38-metre building height limit, facilitating a development of up to 12 storeys.

S&amp;S Projects is expected to bring the new project to the market in April, pending council approvals.

The site was successfully negotiated by Antonio Mercuri, of GV Property Group, after more than six parties lodged bids. 

“We think it’s one of the best sites on the eastern seaboard,” says Mr Gedoun, whose love of surfing infused Flow Residences with an inspired beach-house design.

The recent sell-out success of the $74 million Flow Residences at Coolangatta led the Brisbane developer to set about his second boutique luxury project in the sought-after southern beachfront suburb on the Gold Coast.

Gedoun’s S&amp;S Projects outlaid $8 million for a site overlooking Point Danger

Flow is currently under construction with a 2022 scheduled completion date.

Its apartments sold at an average price of $3.5 million appealing to a range of buyers from professional surfers to local downsizers.

<h2>QLD properties now selling:</h2>

[smartcode_project:default project_id=26730]

[smartcode_project:default project_id=22057]

[smartcode_project:default project_id=90553]
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S&S Projects is expected to bring the new project to the market in April, pending council approvals.

jchancellor

Paul Gedoun S&S Projects set for another Coolangatta apartment complex

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When we receive a client’s Development Application (DA) Consent it’s always an exciting time.
Receiving council approval is one of the major milestones of a property development and it should be celebrated. But the champagne and toasts can wait because there is one thing you must do immediately.
Should you send it to your builder?  Yes, but it will also need to go to other consultants
Should you file it safely? Yes, it’s a legal document so keep it safe.
But before you do this, the first thing you need to do is check the conditions of the DA.
You’ll see in the Consent a number of conditions. The one I’m reviewing right now; a consent for two attached dwellings and Torrens title subdivision, has 58.
58 Conditions that we need to make sure we’ve allowed for in the building costs, plans and our development processes.
There are usually three main areas that the Conditions relate to and must be satisfied by:
<ul>
<li>Prior to the issue of a Construction Certificate (CC)</li>
<li>Prior to the commencement of work and during the construction phase</li>
<li>Prior to the issue of an Occupation Certificate (OC) or a Subdivision Certificate</li>
</ul>
The very first condition that my eyes scan for is the one relating to the Section 94 Contribution.
This is a council charge that goes towards the provision of public amenities and services within the locality. In our area, it’s only charged for a dual occupancy or larger projects, not for a single house build.  
I call it a ‘cost of doing business’ and it’s usually several thousand dollars, this one I’m reading now is for $12,822.53. but we knew it would be about this much and had allowed $12,900 in this client’s feasibility, and so we are covered. This fee will be different not only by council, but by suburbs. Some suburbs (under the same council) need more infrastructure spending and the Section 94 can cost up to $30,000. For obvious reasons, we do not develop in those locations. That is a lot of money to be giving to council for the privilege of building new dwellings. There is no intrinsic value in a Section 94 contribution cost. So the lower the better. Don’t be surprised by this cost, you can find out before you buy a development site what council are likely to charge you, so do your research.
Once I’ve checked this major cost against our allowance, my eye scans the rest of the conditions that must be met prior to the CC being issued, as we don’t want to hold up this process now we have our consent. Property Bloom always uses a private certifier to issue the CC as we know it is much faster than using council.
There are a few relating to the stormwater management and we will have our engineer confirm our stormwater plan is meeting these. The rest of the conditions in this section are standard. We must send this DA Consent to our private certifier as he will be the one making sure they are all covered off on the CC plans.
Next I scan the rest of the conditions. The ones relating to the construction phase are all standard and relate to things the builder needs to cover off like vehicle access crossings to the site and how it should be constructed, signage, waste management on site, work hours etc.
The next section shows the conditions that need to be met before an OC will be issued. This is very important as we don’t want to be holding up tenants moving in on completion. Most of these conditions again are standard but be careful as sometimes there will be particular reports required such as a Works As Executed report which needs to be done by an engineer or surveyor after the drainage system is in place and completed. It takes our surveyor just a few days but if forgotten can hold up your valuable rental income.
The other important condition is to check when you can apply for the subdivision certificate. In this case, it’s at Lock Up stage, which is great and means we can usually have the Torrens title subdivision completed as we finish construction. Very important if you are refinancing as the bank will value the two separate registered titles higher than both dwellings on one title.
There may also be a section where a number of conditions fall under refered to as “Advisory Matters”. These conditions usually relate to state planning policies and work place practice.
Make sure you check your Consent carefully, then send it to all the relevant consultants and get everyone started on the next phase of your development journey, obtaining the Construction Certificate consent.  Then sit back for a few minutes and celebrate passing this exciting milestone.
Jo Chivers is chief executive officer of property development project managers <a href="https://www.propertybloom.com.au/about" target="_blank">Property Bloom</a>.
 
 
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The one thing you need to do when the DA consent is issued: Jo Chivers

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When it comes to developing, we have all heard about the Development Application (DA) and the Construction Certificate (CC), but how and what exactly is involved with each council approval? 
It is important to understand this process before you start developing.    
The DA and CC are two very different approvals. If you find a DA approved site but the CC has not yet been issued, then you should understand that there is still a lot of work to do before you can start to build.
Development Application (DA)
The DA is a request for permission to carry out proposed development. It also categorises the developments as requiring consent, developments not requiring consent (Complying Development, CDC) and prohibited development.  
A development application is required for the following reasons:
<ul>
<li>- Construction of new building or structure, including swimming pools, outbuildings,   retaining wall, jetties, etc </li>
<li>- Add or alter an existing building or structure </li>
<li>- Demolish a building or structure </li>
<li>- Display an advertising sign </li>
<li>- Change the use of an existing building or land </li>
<li>- Carry out excavation, earthworks or adding fill </li>
<li>- Development on or near a heritage listed item </li>
<li>- Development within a heritage conservation area </li>
<li>- Subdivide land or strata subdivide a building</li>
</ul>
A development application must consist of at least:
<ul>
<li>- Completed application form and fees. </li>
<li>- Copies of Site Plans indicating location of the proposed development on the land. </li>
<li>- Copies of Plan/Drawings of the proposed development indicating elevations heights. </li>
<li>- Other supporting documents (if required) </li>
</ul>
 Construction Certificate (CC)
A Construction Certificate is required after the DA Consent is issued and before any building work is carried out.  You can apply for a Construction Certificate only if you have prepared detailed plans, specifications or engineering details.  And importantly, if all the council and other service fees and charges have been paid.  This is where some first time developers may get caught out when buying a DA approved site.  It’s very important to understand the Conditions of the DA Consent and how they will impact the development.
The Construction Certificate certifies that relevant matters are adhered to, this includes:
<ul>
<li>- the construction plans and specification comply with the relevant standards (ie Building   Code of Australia);</li>
<li>- the construction plans and specifications are consistent with the development consent;   and </li>
<li>- all conditions of the development consent requiring compliance prior to the issue of a   construction certificate are finalised.</li>
</ul>
Note: The CC is not required for complying development, where building details are covered by a Complying Development Certificate (CDC).
If you are unsure of the planning process, then use a qualified planning consultant or development project manager.  
Jo Chivers is chief executive officer of property development project managers <a href="https://www.propertybloom.com.au/about" target="_blank">Property Bloom</a><a href="https://www.propertybloom.com.au">.</a>
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Understanding the planning process: Jo Chivers

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Emerging integrated property group Top Spring Australia has announced their latest project in the company’s Sydney portfolio, with the submission of a development application for a site in Elizabeth Bay.
Located at <a href="https://www.commercialrealestate.com.au/property/11-13-greenknowe-avenue-elizabeth-bay-nsw-2011-2015655477" target="_blank">11-13 Greenknowe Avenue, Elizabeth Bay</a>, the disused 1,347 sqm site has most recently been occupied by SHMH Group Australia and is the former headquarters of the NSW Country Women's Association.
SHMH previously planned to develop the property themselves.
Top Spring Australia's plans for the site include the construction of a six-storey residential development comprising 30 luxury one, two and three-bedroom residences, above a single level of basement car parking accommodating 31 vehicles.
Sydney Ma, Director and General Manager of Top Spring Australia said, “as property in this suburb is traditionally very tightly-held, with very little new stock coming to market, we expect there to be significant interest in this project.”
With multiple smart and adaptable living spaces, including outdoor communal areas, Top Spring Australia hopes buyers will recognise the proposed residences. 
The project’s landscape architects Taylor Brammer have also curated a series of landscaped elements intended as an urban oasis, with green walls and privacy screening, plus an outdoor entertaining terrace for residents with water features, a BBQ and a kitchenette, and a sensory garden with productive garden beds and in-built work pods.
A more detailed vision of the project will be released in the coming months, with expected completion by 2023.
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Top Spring Australia unveil Greenknowe Avenue, Elizabeth Bay CWA redevelopment proposal

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Developer The Saade Group, who bought a 500 sqm key Albert Park site for $5.67 million planning a knock down and rebuild have found themselves blocked.
They planned to build seven apartments, a 100-seat restaurant, two shops and a basement car park in place of the Albert Park building (picture from application below).
<img src="https://www.urban.com.au/images/2018/11/19/Victoria%20Ave%202.JPG" alt="">
The City of Port Phillip says a new report found the heritage overlay of the 1 Victoria Avenue building is structurally sound and ruled it cannot be demolished.
Council received more than 500 objections after it was revealed that the 1880s building, which was remodeled in the 1920s and 1930s, faced demolition.
It was previously owned by filmmaker Paul Cox. 
Saade issued eviction notices to all its tenants despite the council having announced it will refuse an application to knock it down.
The move has led to fears that the owners might leave it empty to deteriorate to the point where demolition is the only option, Fairfax Media suggested.
The developer now has 60 days to lodge an appeal at the Victorian Civil and Administrative Tribunal against the council’s decision.
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Developer plans for heritage building put on hold by Port Phillip City council

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GUEST OBSERVER
PIA supports the thrust of the proposed reforms to the NSW planning system to improve the impact of strategic planning, strengthen community engagement and build community trust.
The NSW Government today foreshadowed a different direction to the exhibited reforms by seeking to mandate independent planning panels of experts to determine high value development applications in every council.
The previously exhibited reforms included a power for the Minister of Planning to order the establishment of a panel for a particular council – rather than a general requirement for every council.
PIA continues to support the selective introduction of Local Planning Panels with determinative authority especially in urban areas with a high development assessment volume and in circumstances where there is no delegation of assessment or determination to appropriate council officers.
This is consistent with our submission to the reforms. However, they should not be mandated in circumstances where there is an effective and harmonious alternative delegation system in operation.
PIA continues to support a streamlined and effective process of decision making for planning applications. If there are councils where there are resources, and there is an effective and harmonious alternative delegation system in operation, PIA NSW believes that Planning Panels should not be mandated.
PIA continues to support an effective role for elected councillors, particularly in making strategic planning policy for the LGA to achieve outcomes for communities and places.
The administration function relating to approvals/refusals should be managed either by delegation to staff, or in the case of more substantial matters by a panel who are equipped to take on technically complex assessments.
Panels are good for their detailed expertise, complex development assessment, and independent assessment and they do reinforce the fact that good governance is needed in the development application process.
Jenny Rudolph is president, PIA NSW, and can be contacted <a href="https://www.planning.org.au/nsw" target="_blank">here</a>.
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