Gold Coast property professionals Jared Johnson and Zac Potter have teamed up to launch their debut property development, Basalt Lane, a boutique collection of architecturally designed warehouse units set to rise in Tweed Heads South.

Potter, a proven developer in his own right, is the founder of 21 Property Group and son of respected developer John Potter, while Johnson, director of leading commercial real estate agency Coastal Commercial, has been involved in hundreds of high-profile industrial transactions across South-East Queensland and Northern NSW.&nbsp;

Located at 80–82 Industry Drive, Basalt Lane will feature just eight premium warehouse units with flexible low-impact zoning, rare dual street access, and sleek, contemporary finishes not often seen in the Industrial sector. Construction is scheduled to commence in Q4 2025.

“This joint venture made sense from day one,” says Johnson, who is spearheading the sales campaign.

“Zac brings proven development experience, and I have a strong grasp of the local industrial market through years of commercial sales in the area. By combining our strengths, we saw an opportunity not just for ourselves — but to deliver something the local community genuinely needs. There’s a clear demand for modern, flexible, and flood-free industrial spaces in this region, and Basalt Lane is our answer to that.”

Strategically positioned just 700 metres from the M1 Motorway and under 10 minutes from Gold Coast Airport, the project offers high appeal for investors, small business owners looking for a coastal work base with premium connectivity or a secure storage solution.

The launch of Basalt Lane comes amid a surge in industrial development across the Tweed region. According to Tweed Shire Council, the area is undergoing major transformation, including the Industry Central Land Swap, a government-backed initiative relocating flood-affected businesses to higher ground. The $11.3 million program is creating modern, job-generating industrial hubs built for long-term resilience.

Projects like Quarry Business Park, also marketed through Johnson’s Coastal Commercial — are also breaking ground in 2025 — highlight the growing demand for flood-free, future-proof industrial space in one of Australia’s fastest-growing regional economies.

“We’re proud to be contributing to the next chapter of growth here,” said Potter. “Basalt Lane is a long-term play — it’s designed to deliver value now and remain relevant for years to come.”

The project responds to broader market trends, including the rise of flexible “co-warehousing”, demand for hybrid industrial-office spaces, and growing interest in regional coworking hubs. With Australia’s coworking sector forecast to grow at 23.6% CAGR to 2030, and similar small-scale developments selling out in major cities, Basalt Lane offers a timely, lifestyle-forward business solution.

Potter and Johnson bring years of experience across real estate and development throughout the Gold Coast and Northern Rivers corridor. For them, Basalt Lane represents more than just a business move — it’s a personal milestone.

“There’s no big fund behind us. We’re not a national group,” said Potter. “We’re two mates with experience and vision and we’re having a go.”

With limited supply and rising demand, Basalt Lane is expected to attract strong early interest from entrepreneurs, trade-based businesses, owner-occupiers, and investors seeking solid long-term returns in a high-growth coastal hub.

Jared Johnson and Zac Potter, have teamed up to launch their debut property development: Basalt Lane, Tweed Heads - a boutique collection of architecturally designed warehouse units set to rise in Tweed Heads South.

Urban Editorial

Gold Coast entrepreneurs launch premium industrial project in booming Tweed Heads South

Enfield may be home to fewer than 3,000 residents, but its prime location between Strathfield and Burwood has cemented its status as one of the Inner West’s hidden gems.

The suburb offers a village-style lifestyle with an abundance of cafés, restaurants, and boutique shops, staples of Inner West living.

At the last census, there were only around 300 apartments in the suburb. Fewer than a handful of new apartment developments have been delivered in recent years, but none are as well positioned as The Carlyle, just a three-minute walk to Henley Park, arguably one of the best parks in the area.

<a href="https://www.apartments.com.au/new-apartments/the-carlyle-enfield-164-liverpool-rd-enfield-nsw-2136">The Carlyle</a> will comprise 32 one- and two-bedroom apartments, a mix rarely seen in the new development market across Sydney.

[smartcode_project:default project_id=148733 project_image_fid=6667]

<a href="https://www.apartments.com.au/project-marketer/ray-white-projects-western-sydney">Ray White Projects WS</a>&nbsp;is fielding enquiry from several buyer types.

"First home buyers are realising this is the best time to get into the market," says Mark Bernberg, <a href="https://www.apartments.com.au/project-marketer/ray-white-projects-western-sydney">Ray White Projects WS</a>&nbsp;Managing Director.

"There are now several government incentives assisting first home buyers to get onto the property ladder. The recent announcement to waive lender's mortgage insurance for those with low deposits puts tens of thousands back in their pockets. Pair that with stamp duty savings in the new apartment space, and there has never been a better time to be a first home buyer in the off the plan apartment market."

Bernberg has also seen a re-emergence of investors, attracted to the low supply of apartments in Enfield and the suburb's lifestyle, while also being on the fringe of Burwood, which is set to undergo a huge transformation with its recent rezoning around the new metro station.

"That will bring a wealth of new retail and amenity to the area, which tends to drive prices higher," Bernberg says.

"Rents are at record highs, and with interest rates coming down from the highs earlier this year, investment apartments are starting to stack up again financially."

[smartcode_project:default project_id=148733 project_image_fid=6665]

The Carlyle apartments will sit above doorstep amenity, with a two-level retail podium incorporated into the striking building. The retail component will include a new ground-floor café facing Carlyle Street.

Two-bedroom apartments range from 67 sqm to 83 sqm internally, with some of the larger residences on the top level featuring expansive wraparound balconies. These layouts are designed to enhance seamless indoor-outdoor living, maximising natural light and views.

[smartcode_project:default project_id=148733 project_image_fid=6666]

The Carlyle's proximity to Henley Park is one of its biggest drawcards. The 13-hectare park includes multiple sports fields, two fenced playgrounds designed for various age groups, and Enfield Aquatic Centre, complete with Olympic-sized swimming pool.

The Carlyle is on track to welcome residents in early 2026.

[smartcode_project_cta:default project_id=6667]

Joel Robinson

The Carlyle in Enfield launches to undersupplied Inner West market

A new Metro stop, a thriving café scene, and proximity to village-style retail have cemented St Leonards as one of the Lower North Shore’s most sought-after suburbs for new development.

Among those seizing the opportunity is Sekisui House Australia, which has chosen this prized pocket, in the St Leonards South precinct, for its first-ever inner-city apartment project, <a href="https://www.apartments.com.au/new-apartments/waterstone-st-leonards-24-berry-road-st-leonards-nsw-2065">Waterstone</a>.

[smartcode_project:default project_id=134191 project_image_fid=230]

Set for completion in the summer of 2027, Waterstone comprises 207 apartments across five buildings, designed to look south back to the&nbsp;Sydney&nbsp;CBD.&nbsp;The new project offers residents the rare balance of connected urban living and tranquil green surrounds.

Just moments from home lies Smoothey Park, a blend of natural bushland and manicured parkland. It forms part of the Wollstonecraft cluster of reserves, including Gore Cove, Badangi Reserve, and Berry Island, all offering peaceful escapes on the Harbour’s edge.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/KCD5mtyKBjc?si=DcC6Koxg6shdDFzq" title="YouTube video player" width="560"></iframe>

When it comes to lifestyle, St Leonards and its neighbouring suburbs, Crows Nest, Waverton, Greenwich, and Wollstonecraft, deliver an endless array of cafés, restaurants, and boutique retailers. Nearby Mall 88, only 650 metres from Waterstone, adds convenience with over 30 specialty stores.

Connectivity is another major drawcard. The new Crows Nest Metro Station is just one kilometre away, while St Leonards Train Station is a short seven-minute walk. For a more scenic commute, the Greenwich Point Wharf ferry reaches Circular Quay in under 30 minutes.

[smartcode_project:default project_id=134191 project_image_fid=351953]

For peace of mind, Royal North Shore Hospital, one of Sydney’s most prominent medical hubs, sits just 650 metres away, making Waterstone ideal for healthcare professionals or residents seeking easy access to world-class medical facilities.

Perfectly positioned on the fringe of vibrant activity yet embraced by parkland serenity, Waterstone offers the best of both worlds in Sydney’s evolving Lower North Shore.

[smartcode_project_cta:default project_id=134191]

Nature and connection define life at Waterstone in emerging St Leonards South precinct

A new collection of residences is now available at <a href="https://www.apartments.com.au/new-apartments/sol-by-walker-maroochydore-first-avenue-maroochydore-qld-4558">SOL by Walker</a>, the residential development that continues to take shape within the Maroochydore City Centre.

The second release introduces 137 apartments to the market, adding to the growing community in what is set to become one of South East Queensland’s most significant urban renewal precincts. The new offering includes a mix of one, two and three-bedroom apartments, alongside a limited number of terraces and penthouses designed to suit a range of lifestyle needs.

“SOL represents the beginning of <a href="https://www.apartments.com.au/developments/maroochydore-qld-4558">Maroochydore</a>’s exciting next chapter, redefining expectations around life in this beautiful coastal city,” David Gallant, Chief Executive Officer and Managing Director of <a href="https://www.apartments.com.au/developers/walker-corporation">Walker Corporation</a>, said.

[smartcode_project:default project_id=147777 project_image_fid=319853]

Located on South Sea Islander Way, SOL forms part of the broader vision to deliver a connected and vibrant city heart for the Sunshine Coast. Construction is already underway on the first 19-storey tower, with completion targeted for early 2028. The development is being delivered by Walker in collaboration with Sunshine Coast Council and SunCentral.

SOL’s second stage continues the project’s focus on high-quality apartment living, with access to a suite of resident-only amenities including a rooftop sky terrace, wellness retreat, co-working lounge, gym and landscaped garden spaces.

Interiors by <a href="https://www.apartments.com.au/architects/plus-studio">Plus Studio</a> combine timeless design with natural materials, generous layouts and panoramic outlooks to the ocean, hinterland and river.&nbsp;

“SOL by Walker establishes a new standard in apartment quality, seamlessly integrating superior craftsmanship with unmatched design,” Danny Juric, Director at Plus Studio, said

[smartcode_project:default project_id=147777 project_image_fid=346899]

Apartments feature open-plan layouts with high ceilings and expansive glazing to enhance natural light and ventilation.&nbsp;

A warm, neutral palette ties together stone benchtops, brushed platinum accents, and sandstone-toned carpet, while large sliding doors connect living areas to generous outdoor spaces.&nbsp;

Kitchens are fitted with integrated Miele appliances, refined cabinetry and thoughtful storage, while bathrooms offer double vanities and oversized showers to balance function and comfort.

As part of the Sunshine Coast’s new CBD, residents will be within walking distance of local retail, dining and green space, with transport connections set to expand as the precinct grows. Once complete, Maroochydore City Centre is expected to deliver thousands of new homes as part of the region’s long-term housing strategy.

[smartcode_project_cta:default project_id=147777]

Second release at SOL by Walker expands residential offering in Maroochydore City Centre

<a href="https://www.apartments.com.au/developers/mirvac">Mirvac</a> has marked the topping out of Prince &amp; Parade in Brunswick, celebrating the completion of the building’s highest point and a major step forward for one of the developer’s landmark Melbourne communities.

The milestone forms part of Mirvac’s strong construction momentum across Victoria, with <a href="https://www.apartments.com.au/new-apartments/prince-parade-by-mirvac-brunswick-701-park-street-brunswick-vic-3056">Prince &amp; Parade</a> and The Albertine both recently reaching structural completion. Together, the two projects will deliver 265 new apartments, contributing to much-needed housing supply in Melbourne’s inner suburbs.

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Designed in collaboration with <a href="https://www.apartments.com.au/architects/bates-smart">Bates Smart</a>, Prince &amp; Parade continues a long-standing partnership that has delivered The Melburnian (2002) and The Eastbourne (2019).

The new <a href="https://www.apartments.com.au/developments/brunswick-vic-3056">Brunswick</a> address comprises a mix of one to four-bedroom residences complemented by extensive amenity, including a residents’ lounge, shared dining room and kitchen, library, yoga room, gym, and rooftop terrace, with landscaping by Jack Merlo and a concierge service.

Construction is rapidly transforming the site, with significant milestones achieved across two buildings, supported by 73 slab pours and six fully constructed building cores. Completion is expected in 2026.

[smartcode_project:default project_id=4802 project_image_fid=269383]

Mirvac’s General Manager, Residential Development Victoria, Elysa Anderson said Prince &amp; Parade has been strongly received by buyers seeking quality design and trusted delivery.

“These communities have been well received, attracting strong interest from downsizers and professionals who value high-quality design, premium locations and the confidence of buying with Mirvac,” Anderson said.

Prince &amp; Parade has also achieved a record-breaking apartment sale in Brunswick, underscoring its design quality and market appeal.

“We’re incredibly proud to see Prince &amp; Parade set a new benchmark for Brunswick. This <a href="https://www.apartments.com.au/news/vic/exclusive-mirvac-breaks-brunswick-record-with-prince-parade-sale">record-breaking sale</a> is a testament to Mirvac’s design excellence, quality craftsmanship, and our strong reputation for delivering high-quality residential communities across the country,” Anderson said.

[smartcode_project_cta:default project_id=4802]

Prince & Parade tops out in Brunswick as Mirvac marks dual Melbourne milestones

Development Site

While it's becoming more and more rare to find a prime beach fronting development site along the Goldie these days, recent town planning changes are making those sites with approved plans that much more of a hot commodity.

Throw that in with the continued demand from downsizers, rightsizers and owner-occupiers, all looking for their slice of paradise in the sunshine state - it’s a pretty rare and often difficult find.&nbsp;

In what will be an unrivalled location, coupled with the fact it will never be built out, a site has recently hit the market in Broadbeach, with approval to build a boutique residential tower with a wine bar, cinema and cafe.&nbsp;

<img alt="Aerial shot of the DA approved Broadbeach site" data-entity-type="file" data-entity-uuid="7a9b0ebb-4faf-402c-aa68-1868f94a8989" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/99-101OldBurleigh14.jpg?VersionId=SA2L4CYFAOap3TmnCTLTGYk5Grxbtk.k" />Aerial shot of the DA approved Broadbeach site

Occupying a substantial corner parcel on the corner of Old Burleigh Road and Armrick Avenue, the two adjoining lots offer 1,283 sqm located just 300 metres from the beach.

Kollosche Commercial agents Adam Grbcic and Tony Grbcic are calling for expressions of interest in a national marketing campaign, targeting local and interstate developers.

Adam Grbcic said the site was purchased and plans lodged prior to major changes to the town plan which would significantly impact what was possible on the same site today.

“What will sell this site is the fact that the approval was obtained under the previous scheme,” said Grbcic.&nbsp;

“The impacts under the new scheme include the removal of podium parking and the new setbacks, which would likely have had a significant impact on the design.”

The site holds Development Approval for ‘Casa Beach’, a 46-storey tower designed by Ferro Chow Architects with a total of 59 residential apartments - including a mix of three, four, and five bedrooms - and three levels of basement car parking.&nbsp;

<img alt="Render of the approved Case Beach tower" data-entity-type="file" data-entity-uuid="f24417fc-5dba-4b32-93f0-89a96694fb87" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Old_Burleigh_Rd_Casa_Beach_render2.jpg?VersionId=D3eRAJ0HVt.qBpd_FuZyzI1ALqwjBXQ_" />Render of the approved Casa Beach tower.&nbsp;

Communal space atop the podium on level two and at level 44 allows for resident facilities including a gym, dining room, swimming pool, kitchen and barbecue area, steam room, lounge areas, a wine bar, and a cinema, with generous landscaping also proposed.&nbsp;

Opposite Broadbeach Bowls Club and the Broadbeach United Soccer Club, Casa Beach is designed to capitalise on south-easterly views over Broadbeach that can’t be built out and a northern view of the Surfers Paradise skyline.

“The project is very much aimed at downsizers and interstate buyers who are seeking home-sized apartments in a popular beachside lifestyle location,” said Grbcic.&nbsp;

“Build now or build later, time to market is immediate as developers can advertise with a DA in place.”&nbsp;

The approval, which is valid for five years, also has provision for a food and drink outlet on the ground level.

Existing improvements on 101 Old Burleigh Road include a commercial development tenanted by a liquor store and a cafe, while 99 Old Burleigh Road is home to Casa Del Mar, an original three-storey walk-up of five apartments.

Grbcic said Broadbeach remained an A-grade suburb for developers due to the high demand from downsizers looking to relocate to the city’s leading lifestyle suburb.

“Broadbeach is our key suburb during this property cycle and it will remain so during the next,” said Grbcic.

“There are limited sites this close to the beach; the closer you get to the sand, the harder it becomes to amalgamate sites.

“This is where locals want to downsize to because of the amenities – you’ve got the Star Casino, Pacific Fair, a really nice beach, the best surf club on the Gold Coast, the Oracle dining precinct – it’s all right there on the doorstep.”

Expressions of interest on 99-101 Old Burleigh Road, Broadbeach close on Friday, 2 December 2022 at 4pm (AEST).

Kollosche Commercial agents Adam Grbcic and Tony Grbcic are calling for expressions of interest in a national marketing campaign, targeting local and interstate developers.

alisonwarters@gmail.com

Broadbeach site with DA approved residential tower plans hits the market

A large development site in the heart of the Woolloongabba Olympic precinct is up for sale, with price expectations in excess of $45 million.

The 1.28-hectare rectangular shaped development site at 73 Ipswich Road in Woolloongabba&nbsp;is expected to attract apartment developers given its central location at the heart of the planned infrastructure in the precinct.

The site has three street frontages, to Ipswich Road and Henry Street and offers multiple development outcomes including residential, commercial, medical and hotel, subject to council approval.

Knight Frank agents Blake Goddard, Christian Sandstrom and Matt Barker in conjunction with Nathan Moore of Ray White Commercial Bayside on behalf of the vendor, a local private.

Goddard said the property was one of the largest privately owned infill sites within a two-kilometre radius of the Brisbane CBD and was expected to be hotly contested by buyers.

&ldquo;We expect a wide range of developers to be interested in this site, including residential, commercial, mixed-use and build-to-rent developers, due to its flexible zoning allowances,&rdquo; he said.

&ldquo;It is one of the largest privately-owned properties situated in the heart of the Woolloongabba Olympic precinct, close to the Cross River Rail and the redevelopment of &lsquo;the Gabba&rsquo; stadium, and one of the most significant development opportunities to have hit the market in the last few years.

&ldquo;Quality development sites are sought after in the current market, but this site will be even more attractive to a wide range of buyers due to the rarity of size and location. The Gabba stadium and surrounding precinct is set to undergo major transformation in the coming years with over $1 billion allocated to the precinct.&rdquo;

Moore said the property benefitted from its three-street frontage, easy access to major. arterial roads including Ipswich Road and the M1 Pacific Motorway, and the fact that a majority of it was undeveloped.

&ldquo;The property is set to benefit from its prime location underpinned by exceptional future development opportunities in the area surrounding the 2032 Olympics,&rdquo; he said.

The site is surrounded by nearby&nbsp;&nbsp;amenity including The Gabba, the Logan Road dining precinct and the Cross River Rail station upon completion.

&ldquo;The three-street frontage site enjoys a strategic location within Woolloongabba, offering unrivalled amenity along with extensive surrounding transport infrastructure and development,&quot; he added.&nbsp;

The 1.28-hectare rectangular shaped development site at 73 Ipswich Road in Woolloongabba is expected to attract apartment developers given its central location at the heart of the planned infrastructure in the precinct

Developers to swoop on one of the largest sites in the Woolloongabba Olympic precinct

Mirvac has acquired an 80-hectare parcel of zoned land in Cobbitty, Camden, which it plans to turn into a new masterplanned community to respond to the surging demand for new homes in Sydney&rsquo;s south west.

The property development group secured the south west growth corridor site from Australian property funds and development firm, Roberts Jones.

Colliers agent Frank Oliveri, who was responsible for the deal, said the transaction helped reflect the strength of the residential development site market in Western Sydney.

&ldquo;This property was highly sought after by both institutional developers and a number of the large home builders in the region.

&ldquo;Residential lots have increased by over 25% in many parts of the market and developers have paid higher prices to secure land stock in the short to medium term&rdquo;, Oliveri said.

Adjacent to the existing suburbs of Oran Park and Harrington Grove, the future community is set to deliver approximately 950 land lots from 225sqm to 1,000sqm, playing fields, a future town centre and community facilities, subject to approval.

Located less than 10 kilometres away from Mirvac&rsquo;s recently completed Crest project at Gledswood Hills, the project will continue the developer&rsquo;s legacy in south west Sydney, according to head of residential, Stuart Penklis.

&ldquo;Having successfully delivered Crest, we&rsquo;re excited to once again be in a position to contribute to Sydney&rsquo;s rapidly evolving south west corridor&rdquo;, he said.

&ldquo;Future residents will relish the picturesque rural aspects of this countryside setting, while benefitting from the adjacent Macarthur Anglican school and other established amenity of Oran Park.&rdquo;

According to Penklis, land and homes in this area are experiencing strong demand due to significant local infrastructure investment including the new Western Sydney International Airport and Aerotropolis now taking shape.

&ldquo;Our passion for reimagining urban life and our commitment to best practice design, sustainability and placemaking principles will guide the vision and masterplan for this new community&rdquo;, he said.

An initial development approval for the first 150 lots is expected to be filed shortly, targeting early activation of the amenity in order to set the foundations for a sustainable, connected community.

The project is expected to be released in mid-2022.

Mirvac has acquired an 80-hectare parcel of zoned land in Cobbitty, Camden, which it plans to turn into a new masterplanned community 

max.kwok_55688

Mirvac secures 80-hectare site to deliver a brand-new masterplanned community in Sydney’s growing south west

A development site which is permit ready for a luxury residential development has been listed in Armadale with expectations around $6 million.

The property is being sold with a planning permit for a Ewert Leaf designed, four level luxury residential project, comprising 14 residences including eight x three bedroom apartments and six x two bedroom apartments.

Teska Carson, in conjunction with Kay &amp; Burton, is marketing the High Street site a a &quot;blue-chip development&quot; opportunity.

[smartcode_project:default project_id=2905 project_image_fid=162741]

The 872-874 High Street property comprises two single level residential buildings on separate, Residential Growth Zone, titles.

It has a combined 1126 square metres with 21.3 metres frontage and secondary access via a laneway off Denbigh Road.&nbsp;

The properties are currently being utilised as a cosmetic surgery day clinic and are joined together internally with space for at least 14 cars.

Key objectives of the Residential Growth Zone include the provision of housing at increased densities in buildings up to and including four storeys.

The marketing agents are Teska Carson&rsquo;s Luke Bisset and Michael Ludski with Kay &amp;  Burton&rsquo;s Ross Savas.

The property will be sold by expressions of interest closing July 14.

A development site with a permit for a luxury residential development has been listed in Armadale 

jchancellor

High Street, Armadale residential development site listed

The Australian Broadcasting Corporation&rsquo;s last remaining landholding in Elsternwick is soon to hit the market, in what is expected to be a hotly contested sale process for the prime landholding.

The property, 8 Gordon Street, occupies a large 11,740sqm (3 acre) site zoned for Residential Growth with height potential of up to 8 levels on some parts of the property and is being offered for sale with vacant possession. The property will be sold by Public Tender, expected to close in early June.

[smartcode_project:default project_id=3402 project_image_fid=15046]

Savills Australia&rsquo;s Clinton Baxter, Nick Peden and Jesse Radisich have been appointed to market the property, saying they expected strong interest from a complete cross section of the market covering &ldquo;the full range of developers&rdquo;, from the residential, commercial, build-to-rent, social infrastructure, education, aged-care and healthcare sectors.

&ldquo;This sale will undoubtedly attract international attention by virtue of it being the most significant inner-Melbourne site to be offered to the market in 2021,&rdquo; Mr Baxter said,

&ldquo;There simply isn&rsquo;t another site of such magnitude and offering a unique array of amenity and positive attributes within the inner suburbs of Melbourne.&quot;

The offering follows Savills&rsquo; sale of the ABC&rsquo;s nearby Selwyn Street property to Woolworths for almost $50 million in 2017.

The site adjoins the magnificent heritage-protected Rippon Lea Estate and is just a short walk from Elsternwick railway station and the vibrant Glen Huntly Road retail strip.

The sale will undoubtedly attract international attention by virtue of it being the most significant inner-Melbourne site to be offered to the market in 2021

jordan_55689

ABC’s last remaining landholding in Elsternwick VIC listed

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An entire early 1970s apartment complex with highrise development approval in Surfers Paradise has been listed for sale.

The site is currently Anglesea Court, a six-level apartment building incorporating 18 strata title units. It currently has a potential gross return of over $380,000 per annum.

The address 9-11 Garfield Terrace comes with 1037 sqm land holding some 1.5 kms from Cavill Avenue.

[smartcode_project:default project_id=22057]

It has been listed by Ray White special projects agents Tony Williams, Matthew Frtizsche, and Mark Creevey via an expressions of interest campaign. It is zoned High Density Residential.

“There is a development approval in place for a 16-level boutique hotel comprising 115 suites and three food and beverage tenancies,” Fritzsche said.

[smartcode_project:default project_id=6995]

The vendor consolidated ownership of the 18 apartments last year in a $16 million outlay.

The Gold Coast Bulletin reported the amalgamation was initiated by a company linked to Sydney developer Lawrence Ryko, who took out options to buy Anglesea’s apartments two years ago.

The property was put on the market last year after the initial redevelopment approval being granted, with Fucrez Pty Ltd securing the options and exercising them.

One of the sellers had been in Anglesea Court since paying $78,000 in 1986.

The separate sale prices ranged from $609,000 to $1.4 million.

Other than the soon-to-be-completed $1.4 billion Jewel Residences, there has been no substantive opportunity for beachfront developments at Surfers Paradise in recent times.

[smartcode_project:default project_id=6515]

Chevron One is the big project inland at Surfers Paradise.
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Anglesea Court, a six-level apartment building incorporating 18 strata title units, has been listed for sale in one line

Anglesea Court, beachfront Gold Coast apartment block listed

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A prime development site in Mermaid Beach on the Gold Coast has been listed for sale. 

The property at 2417-2419 Gold Coast Highway was the original Gold Coast Highway Mermaid Beach Motel, dating back to the 1960s.

Formally also named Castle Motor Inn, the brick building on 817 sqm just 250 metres from the beach is being sold 100 per cent leased to eight tenants, with an annual income of $147,420 fully leased.

Harcourts Coastal agents Jared Johnson, Lachlan Marshall and Guy Powell are marketing the property for an April 24th auction.

Marshall said the property is a fantastic future development site.

[smartcode_project:default project_id=22057]

"Mermaid Beach has seen a significant influx of families and retirees moving from higher-density capital cities into the suburb," Marshall said.

"This has fuelled the need for high quality residential developments." 
Guy Powell says Mermaid Beach has become a premier lifestyle precinct.

"With the recent announcement of the Gold Coast light rail system from Broadbeach South to Burleigh Heads, Mermaid Beach locals will have immediate access to Queensland's Most Popular Dining &amp; Entertainment Precinct, Burleigh Heads.”

<img alt="" height="1665" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/hilda-12.jpg" width="2500">

 

 

 
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The property at 2417-2419 Gold Coast Highway was the original Gold Coast Highway Mermaid Beach Motel, dating back to the 1960s

Mermaid Beach prime development site listed

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Charter Hall Group has put No.1 Brisbane, comprising three adjoining buildings - 217 George Street, 60 Queen Street and 231 George Street - up for sale.

The properties were acquired in July 2018 with a development approval for an 81 storey residential tower scheme. 

It cost $93.96 million when bought from the Blackstone-backed 151 Property Group.

Approval to build an apartment tower to rival Brisbane’s tallest in the prime location had been secured just a month before it was offered for sale.

Brisbane has a long list of skyscraper project completion including the city welcoming the highly anticipated Brisbane Skytower, which topped out at an impressive 274 metres. 

Outlook for Brisbane’s apartment market is on the positive side, as domestic migration is seen to continue pushing up buyer demand and consequently, property prices since the onset of the pandemic.

[smartcode_project:default project_id=90553]

Rather than pursue the residential tower, Charter Hall instead increased its office occupancy and secured another DA for a landmark, 34 storey, commercial office and retail tower designed by architects Blight Rayner.

The DA comprises a total of 24,490sqm (NLA) of office space and 2,150sqm (NLA) of ground floor and podium level prime retail space over 4 storeys as well as basement parking for 94 cars and 213 bikes.

Located at the corner of George Street and the southern end of Queen Street Mall, No.1 Brisbane is being marketed as well positioned to capitalise on the $13 billion of projects in the immediate precinct including Queens Wharf, Cross River Rail, Brisbane Live and the Brisbane Metro. Office tenants include leading corporate and government agencies including Santos, Suncorp, Brisbane City Council, Shell, Telstra and QSuper.

The building's sale campaign, is being handled by CBRE’s Bruce Baker, Peter Chapple, Tom Phipps and JLL’s Seb Turnbull and Paul Noonan.
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The properties were acquired in July 2018 with a development approval for an 81 storey residential tower scheme 

Charter Hall lists former Brisbane residential tower development site

<html><body>Stockland has added to its residential pipeline with a western Melbourne site.

It has purchased the undeveloped portion of the Grand Central community at Tarneit in Melbourne.

The acquisition within the western growth corridor – 33 kilometres west of Melbourne’s CBD – cost around $50 million.

The 38 hectare site will see Stockland create 493 new homes within the existing community.

Stockland will commence development, marketing and sales following settlement.

“This acquisition enables us to extend our strong brand presence in Melbourne’s western growth area which accounts for more than one third of all Melbourne’s land sales and saw sales double in the 12 months to December 2020," Stockland’s general manager of residential for Victoria, Mike Davis said.

Stockland has over $2.7 billion invested in Victoria delivering some of the State’s most affordable communities, including Highlands in Craigieburn and Mount Atkinson and Grandview in Truganina.

“This acquisition enables us to extend our strong brand presence in Melbourne’s western growth area which accounts for more than one third of all Melbourne’s land sales and saw sales double in the 12 months to December 2020," he said.

There is a range of future amenity planned around the community as part of the Victorian Planning Authority’s Riverdale Precinct Structure Plan, including the Riverdale railway station, a major town centre and a regional indoor recreation facility.

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It has purchased the undeveloped portion of the Grand Central community at Tarneit

Stockland adds western Melbourne Tarneit site to its residential pipeline

<html><body>The sale campaign for a Two Rocks residential development site spanning 38ha has been restarted in its prime coastal Perth northern suburbs location.

CBRE’s Ryan McGinnity has been appointed to manage the sale of the landholding, located at 99 Reef Break Drive, Two Rocks. 

The campaign follows the original sales process, which was paused in 2020 following the initial onset of COVID-19.

The property, which forms the balance of the original The Reef estate, is minutes to the Two Rocks Marina and shopping precinct.

The estate is designed to benefit from ocean views, with the land rising from west to east.

It will be in close proximity to the future Yanchep Train Station.

Mr McGinnity noted many developers are now running low of house and land packages or lots to sell.

“In the past eight weeks, nine of the 30 single residential lots remaining within the estate have been sold and enquiries continue to be received. 

"With the opportunity to develop approximately 640 coastal lots, we expect genuine interest from local and national developers.” 

Two Rocks – together with Eglinton, Alkimos and Yanchep at the northern edge of the city’s expanding north-west urban growth corridor – is tipped to cater for over 50% of the City of Wanneroo’s population growth in the next 20 years.

“With the northern suburb’s population expected to exceed 350,000 people by 2036, the State Government is focused on providing adequate infrastructure to enable affordable coastal living,” Mr McGinnity said.

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CBRE’s Ryan McGinnity has managed the relisting of the landholding, after the original sales process was paused in 2020 following the onset of COVID-19.

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