The new <a href="https://www.apartments.com.au/new-apartments/yarraville-green-42-stephen-street-yarraville-vic-3013">Yarraville Green</a> development in Melbourne's inner west is showing that landscaping can be just as influential as architecture, with buyers responding strongly to the garden-first approach adopted from the outset by developer Excelon Projects and the project's design team.

Excelon appointed Six Degrees Architects and landscape architects SBLA to work collaboratively on the development, with a brief to create "a sustainable, design-led building with a focus on community."

That approach has resonated with buyers. According to Next Chapter Director Tom Hirini, who is leading the sales campaign, the landscaped communal garden has become one of the project's defining features, alongside its boutique scale and European-inspired cluster housing concept.

Local downsizers, right-sizers and established families already living in Yarraville and surrounding suburbs have accounted for the majority of purchasers.

[smartcode_project:default project_id=144913 project_image_fid=297740]

Yarraville Green will comprise 53 homes, including apartments and townhomes, arranged around the shared central garden to maximise connections to the landscaped open space. Parking has been moved underground, allowing the ground plane to be dedicated to greenery, pedestrian movement and communal spaces.

The landscape extends well beyond passive planting. Productive garden beds, a pergola, communal gathering spaces, garden sheds and a pet wash have all been integrated into the masterplan, creating spaces designed to encourage everyday interaction between residents.

[smartcode_project:default project_id=144913 project_image_fid=297741]

The interiors continue Excelon's focus on craftsmanship, incorporating bespoke elements by Melbourne artisans including leadlight detailing by Adadaz, hand-turned timber hardware by Auburn Woodturning and blown-glass lighting by Ruth Allen.

Sustainability has also been embedded throughout the project, with Yarraville Green targeting an average 7-star NatHERS energy rating through passive design principles, rooftop solar servicing common areas and rainwater harvesting for landscape irrigation.

[smartcode_project:default project_id=144913 project_image_fid=297735]

Construction continues to progress at Yarraville Green, with structural works well underway and framing works approaching completion under builder Balmain &amp; Co. The project remains on track for completion in mid-2027.

Apartments at Yarraville Green are currently priced from $625,000, while townhomes start from $1.4 million.

[smartcode_project_cta:default project_id=144913]

Joel Robinson

Garden-led design drives buyer demand at Yarraville Green

National diversified developer Fortis has officially launched Crest &amp; Walker, its latest Brisbane apartment development, with construction now underway on the 20-storey Newstead project.

Award-winning builder BINAH has commenced construction on the Bureau^Proberts-designed building, which will deliver a limited collection of 65 two and three-bedroom apartments on Kyabra Street.

[smartcode_project:default project_id=145922 project_image_fid=373556]

The project marks Fortis' fourth active residential development in Brisbane, following River House, which is nearing completion, alongside projects in New Farm and Hamilton as the national developer continues to expand its South East Queensland pipeline.

Fortis General Manager – Development Queensland Dan Boman said Crest &amp; Walker reflects the developer's long-term commitment to delivering design-led residential projects in Brisbane's established inner-city suburbs.

"We're proud to be strengthening our presence in Brisbane with Crest &amp; Walker, particularly in such a sought-after lifestyle destination as Newstead," Boman said.

"Every Fortis project is shaped by its context, and we approach each one with the respect and care it deserves.

"Our focus is always on creating places that feel connected to their neighbourhood and elevate the everyday experience for residents. Newstead continues to evolve as one of Brisbane's most sought-after urban communities, and Crest &amp; Walker reflects our ambition to contribute meaningfully to that story."

[smartcode_project:default project_id=145922 project_image_fid=373559]

Positioned between Gasworks Plaza and James Street, <a href="https://www.apartments.com.au/new-apartments/crest-walker-newstead-12-kyabra-street-newstead-qld-4006">Crest &amp; Walker</a> has been designed as a boutique residential address offering privacy and generous living spaces within one of Brisbane's most established lifestyle precincts.

The building features a contemporary brick podium softened by integrated landscaping, while the upper levels are characterised by restrained architecture and enduring materiality. Interiors have been designed to maximise natural light, acoustic performance and long-term liveability.

[smartcode_project:default project_id=145922 project_image_fid=373583]

Residences comprise spacious two and three-bedroom floorplans, with two-bedroom apartments priced from $1.55 million and three-bedroom, half-floor residences from $3.95 million.

Residents will have access to a wellness-focused rooftop featuring a swimming pool, sauna, steam room, landscaped dining spaces and outdoor lounge areas overlooking Newstead and the Brisbane CBD.

[smartcode_project:default project_id=145922 project_image_fid=373571]

Sales are being managed by Slaite Projects, with Fortis expecting strong demand from owner-occupiers seeking a high-quality, design-focused apartment in one of Brisbane's most tightly held inner-city suburbs.

Completion of Crest &amp; Walker is slated for late 2028.

[smartcode_project_cta:default project_id=145922]

Fortis expands Brisbane pipeline with launch of Crest & Walker in Newstead

The enormity of delivering a true skyscraper in Australia's new development market is often overlooked.

It has taken the best part of a decade since plans for Chevron One were first unveiled, but the 41-storey tower is now complete, with residents collecting their keys and moving into what has become one of the Gold Coast's most recognisable new landmarks.

Rising 127 metres above Chevron Island, Chevron One stands almost twice as high as any other building on the island. Its scale places it alongside the trio of towers at Jewel, arguably the last truly significant addition to the central Gold Coast skyline when they were completed around six years ago.

While there are several developments underway around a similar height to Chevron One, they are more concentrated within clusters of the highest towers in the city. The fact Chevron One sits within a developing precinct, looking back at the other high-rise developments in Surfers Paradise and Broadbeach, makes it a different proposition altogether. It will certainly become a reference point on the Gold Coast skyline.

[smartcode_project:default project_id=6515 project_image_fid=68833]

Developer Bensons Property Group is behind the 41-storey tower, which has 229 apartments, along with an exhaustive list of resident amenity spread across what is the largest development site ever assembled on Chevron Island.

The tower has been the talk of the town for years, says Ray White Projects Gold Coast agent Caitlin Rosenboom, who is selling the remaining apartments.

"People have been watching Chevron One go up for years," Rosenboom says, adding that many prospective buyers have been surprised by the scale of the views once they step inside.

"It's only when they walk through a completed apartment that they truly understand the position of the building," Rosenboom says.

"The views are jaw-dropping. Whether you're looking east over the ocean, across Surfers Paradise, along the river systems or out to the hinterland, every level offers something different but equally impressive."

[smartcode_project:default project_id=6515 project_image_fid=360215]

One of Chevron One's defining advantages is its location on the eastern side of Chevron Island on Stanhill Drive, a position which protects the views forever.

"There's only one row of houses between Chevron One and the water, and the height restrictions along the river means views from Chevron One can never be built out,"&nbsp;Rosenboom says.

While new apartment developments continue to emerge across the Gold Coast, Rosenboom says opportunities to secure a completed apartment with this level of outlook are becoming increasingly rare.

"The size of the site is something that would be incredibly difficult to replicate today," she says.

"That's allowed Chevron One to deliver the sort of amenity, open space and resident facilities that very few projects can offer. There are not many completed apartment buildings on the Gold Coast right now that can compete with the combination of scale, quality and amenity."

[smartcode_project:default project_id=6515 project_image_fid=68839]

There's around 2,000 sqm of amenity solely for the use of residents of Chevron One. Club One features a uniquely shaped swimming pool that mirrors the footprint of the building itself, set within a extensively landscaped gardens. There's also an indoor pool and spa, a fully equipped gym with a Pilates room, a yoga garden, a bookable private dining area and lounge that can host up to 30 people, and a 24-hour concierge service.

As for the buyers, Rosenboom is fielding enquiry from everywhere: Sydneysiders and Melburnians looking at the new and off-the-plan market following the changes in the Federal Budget, as well as those looking to relocate, through to South East Queenslanders seeking either a permanent home or a weekender bolthole.

"The Gold Coast lifestyle continues to resonate with people relocating from the southern states, and when they see the views and the quality of what's been delivered at Chevron One, it becomes very easy for them to understand the appeal," Rosenboom says.

A diverse mix of one, two and three-bedroom apartments remain available, with each offering "something a little different", be it the orientation and views, configuration, or level, to suit a wide variety of buyers.

The remaining apartments are ready to inspect in person, by appointment.

[smartcode_project_cta:default project_id=6515]

A decade in the making: Residents to move into Chevron One as construction wraps up

A general rule of thumb in new apartment developments is that the penthouses get the rooftop.

It's a formula that's become commonplace across Australia's apartment market. Residents might have access to a pool, gym or barbecue facilities on a dedicated lower level, but the most desirable outdoor spaces are typically reserved for the highest-priced homes at the top of the building.

<a href="https://www.apartments.com.au/developers/sherpa-property-group">Sherpa Property Group</a> has taken the opposite approach.

Rather than dedicating the rooftop to a handful of buyers, the Gold Coast developer has made it the centrepiece of its Flourish collection, creating expansive shared spaces from the best vantage point in the building.

The philosophy has reached its most ambitious expression at <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> in Palm Beach, where two rooftop precincts connected by a skybridge will deliver one of the most extensive lifestyle offerings seen in a residential apartment project on the Gold Coast.

[smartcode_project:default project_id=150017 project_image_fid=374053]

"We're seeing a clear move toward developments that offer more than just an apartment," Sherpa Group founder Christie Leet said.

"People want spaces that support how they actually live, whether that's working from home, staying active, or spending time with family and friends.

"That's where amenity becomes critical. It's not just about what's included, but how those spaces are designed to be used every day."

[smartcode_project:default project_id=150017 project_image_fid=374052]

The breadth of amenity has already attracted buyers across multiple demographics. Younger first home buyers have been drawn to Soleira's one-bedroom apartments, a product rarely delivered in Palm Beach, while families have responded to practical inclusions such as the shallow children's pool adjoining the main lap pool and the extensive communal recreation areas.

Instead of a single rooftop, Soleira delivers two distinct lifestyle zones.

[smartcode_project:default project_id=150017 project_image_fid=372547]

The southern rooftop has been dedicated to wellness, featuring a gym, yoga and Pilates studio, work-from-home facilities, a wellness centre, spa, and hot and cold plunge pools.

The northern rooftop focuses on recreation and entertaining, incorporating a heated resort-style pool, private dining rooms, pizza ovens, barbecues, a golf simulator, children's recreation areas, and what is expected to be the Gold Coast's first rooftop basketball court, which will also double as a squash court.

[smartcode_project:default project_id=150017 project_image_fid=374054]

Beyond the rooftops, Soleira will introduce 1,500 sqm of curated retail beneath the towers, creating one of Palm Beach's first genuinely mixed-use lifestyle precincts where cafés, restaurants and convenience retail become part of residents' everyday lives.

Sherpa has also retained management rights across the development, allowing it to oversee the long-term operation of the building through a 24-hour concierge model. The developer is also exploring additional revenue streams within the precinct aimed at helping offset ongoing body corporate costs for residents.

[smartcode_project:default project_id=150017 project_image_fid=370962]

While Soleira is the largest project Sherpa has delivered, the rooftop-first philosophy has been evolving for several years.

It began with <a href="https://www.apartments.com.au/new-apartments/amargo-6-12-sixth-avenue-palm-beach-qld-4221">Flourish Amargo</a>, the first project released under the Flourish brand. Rather than competing at the ultra-luxury end of the market with oversized half-floor and full-floor residences, Sherpa focused on creating lifestyle-driven apartments supported by resort-style shared spaces.

Amargo introduced more than 800 sqm of rooftop amenity, combining wellness facilities, heated pools, entertaining areas, cabanas, pizza ovens and private dining spaces into what was designed as an extension of residents' homes rather than a facility used only occasionally.

[smartcode_project:default project_id=146527 project_image_fid=366550]

That approach continued with Flourish Oasis, where the same amenity-led philosophy was refined into a more boutique development. Strong demand from Sherpa's growing VIP database saw much of the project sold before it reached the broader market, reinforcing buyer appetite for apartment communities centred around shared lifestyle experiences.

Flourish Amargo is slated for completion mid-way-through next year, with Oasis to be delivered by late 2027. Flourish Soleira is expected to complete in 2030.

[smartcode_project_cta:default project_id=150017]

Sherpa takes amenity to the sky as Flourish Soleira captures booming Palm Beach demand

As apartment living continues to evolve across Sydney's growth corridors, the quality and distribution of shared spaces is increasingly shaping how residents experience home. Rather than functioning as add-ons, amenities are being embedded into the daily rhythm of a building, supporting everything from quiet retreat to social interaction, often within a single vertical community.

At <a href="https://www.apartments.com.au/new-apartments/aeris-melrose-park-nursery-street-melrose-park-nsw-2114">Aeris</a> in Melrose Park, this approach is resolved through a layered amenity offering that unfolds from ground level through to its upper podium. Developed by <a href="https://www.apartments.com.au/developers/sekisui-house-australia">Sekisui House Australia</a> in partnership with Hankyu Hanshin Properties, the project introduces 468 apartments across two towers and a mid-rise building, positioned at the highest point of the broader masterplan.

[smartcode_project:default project_id=426 project_image_fid=359199]

The amenity experience begins at street level, where two courtyards sit within a landscaped setting that connects residents to the wider network of parks and green spaces. These green spaces are not isolated pockets but part of a wider pedestrian network that links Aeris to the surrounding <a href="https://www.apartments.com.au/developments/melrose-park-nsw-2114">Melrose Park</a> precinct, including Central Park, future schools, and the Town Centre opening in July 2026. The result is a transition that moves from public to private without abrupt boundaries, allowing residents to pass through shaded, tree-lined environments before reaching the building itself.

Moving upward, the focus shifts to the level five podium, where the primary communal facilities are concentrated. This space brings together a 16-metre swimming pool, outdoor seating areas, and a communal BBQ zone arranged to take advantage of elevated outlooks. Seating is positioned beneath pergolas, creating pockets of shade that extend the usability of the space throughout the day. The pool edge aligns with views toward the wider district, reinforcing the sense of elevation that defines the project’s positioning.

In the adjacent building, this is complemented by quieter, more contemplative spaces, including an outdoor cinema set within the same level. Positioned to operate primarily in the evening, it introduces a different tempo to the shared environment, shifting from daytime activity to after-hours use without requiring separate zones.

[smartcode_project:default project_id=426 project_image_fid=360299]

The podium also accommodates an intimate private resident gym. Located on the lower levels, it gives residents convenient access to fitness facilities without leaving the building.

Above, the elevated podium sky deck extends the amenity offering, providing additional open-air spaces with elevated outlooks across the surrounding landscape. While more restrained in program, this upper level reinforces the project’s vertical progression, from ground-level greenery to elevated outlook, allowing residents to move between distinct spatial conditions within a single address.

This distribution of amenities reflects a deliberate response to how residents use space across the day. Sekisui House Australia Sales and Marketing Director Peter Kalaf points to the role these shared areas play in shaping buyer demand. Aeris has been conceived as more than a collection of apartments, with the podium pool, gym and outdoor cinema forming part of a broader lifestyle offering that extends the home beyond each individual residence.

[smartcode_project:default project_id=426 project_image_fid=360300]

What distinguishes Aeris is not the inclusion of these elements individually, but how they are arranged in relation to one another. Active, social, and passive spaces are layered vertically rather than separated, allowing residents to choose between them without leaving the building or moving far from their apartment. This proximity supports both routine use, such as a morning swim or evening workout, and more occasional gatherings, whether around the BBQ area or within the cinema setting.

The amenity design also sits within a broader framework of connectivity across Melrose Park. The Melrose Park Town Centre, anchored by Coles and Dan Murphys, features a mix of retail, dining, health and lifestyle offerings, bringing everyday convenience closer to residents. By the end of the year, more than five hectares of parks and open space, equivalent to around seven football fields of green space on residents' doorstep, will further enhance the precinct, allowing the internal facilities at Aeris to operate as an extension of the wider neighbourhood rather than a substitute for it.

Construction at Aeris continues to gather momentum, with ground floor slabs expected to be completed in late 2026 before the first sections of the buildings begin to rise above ground.

[smartcode_project_cta:default project_id=426]

Elevated amenity anchors daily life at Aeris, Melrose Park

Development Site

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A corner apartment site in St Kilda is on the market for the first time in 80 years with numerous potential options including redevelopment, refurbishment and subdivision.
The 2370 sqm property at <a href="https://www.realestate.com.au/property-residential+land-vic-st+kilda-201542786" target="_blank">6 Tennyson Street</a> is zoned General Residential Zone Schedule 1 and comprises three apartment buildings with 50 units.
According to marketing agents, Teska Carson Director, Larry Takis with Anthony Choi, the property is one of the best opportunities presented to the market in St Kilda in years.
"This is a rare find providing developers with options galore in terms of the potential for redevelopment and refurbishment, while subdivision of the property into individual titles provides even more options," Takis said.
"The location provides access to every amenity in one of Melbourne’s most popular inner suburbs and offers exceptional access from a development point of view being on the corner of Bundalohn Court providing very generous frontages, with additional access via a right of way."
The property could accomodate up to 47 one, two and three bedroom residences and two townhouses over three or four levels, according to a feasibility study presented by architects Hayball.
Takis said the property also presented the potential for subdivision into several townhouse sites.
He said St Kilda had been a favorite destination for Melburnians for decades based on its outstanding location and access to and from all parts of Melbourne.
"St Kilda has long been regarded as one of Melbourne’s most prestigious and hip locations, offering an abundance of lifestyle amenities including beaches, some of Melbourne’s best live entertainment venues and features such as Luna Park."
"This particular Tennyson Street location, benefits from a long list of amenities in close proximity including first rate public transport and major arterial routes, and numerous state and private, primary and secondary schools and colleges including Caulfield Grammar, as well as health and community care facilities, sporting facilities including Elsternwick Park tennis and golf."
He said the property’s key attributes included:
<ul>
<li>A substantial land holding of 2370 square metres; </li>
<li>The central location close to all amenities including Acland and Barkly Streets retail precinct, St Kilda Botanical Gardens and St Kilda foreshore;</li>
<li>The potential to redevelop, refurbish or subdivide (STCA); </li>
<li>The close proximity to public transport and major arterials; and,</li>
<li>The availability of short term income during planning stages. </li>
</ul>
The property will be sold by Expressions of Interest closing Monday, August 8 at 3pm.
 
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St Kilda's best site offered for the first time in 80 years

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Aqualand has emerged as the buyer of a heritage site at Sydney’s Millers Point near the $6 billion Barangaroo redevelopment.
Backed by Shanghai-based Shenglong Group, Aqualand is taking a long-term view on the Australian market after acquisitions over the past two years that takes its pipeline to well over $1 billion, The Australian noted.
Aqualand paid $40 million for the 1-3 Munn Street site, a boutique five-storey commercial office building, sold by Primary Health Care.
The Chinese residential developer has also snapped up a 13,215sq m office and warehouse property in Macquarie Park in Sydney's north shore for $54 million.
With plans to hold the property for rental income, the B7 Business Park property will net Aqualand $3.1 million annually.
Real estate investment house Altis Property Partners sold the property through Colliers International's Roger Miller, Gavin Bishop and Jon Chomley.
<div>
On another front Aqualand has been given the nod to convert the office tower at 168 Walker Street, North Sydney into 415 luxury apartments.
The 7435sq m site at the corner of McLaren and Walker streets will be developed into four residential towers ranging from 22 to 28 storeys to a design by architect Woods Bagot.
Aqualand is currently completing the REVY apartment project in Pyrmont.
It also settled on a residential development site in the upper northern Sydney suburb of Turramurra for $15 million.
</div>
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jchancellor-FAypfDUnLy

Aqualand expands Sydney property projects again 

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A development site at Baulkham Hills in Sydney’s north-western corridor, currently undergoing gentrification in line with the infrastructure spending push by the NSW government, is up for sale.
The nearly 10,702 sqm site at 67 Windsor Road is being marketed via expressions of interest closing July 29 by Ray White Commercial's Scott Timbrell and Nic George.
Timbrell said there was strong demand for land subdivision sites in the Hills District, with many developers looking past unit sites because of apprehensions of saturation. He also brokered a recent sale at 91 Windsor Road.
The 67 Windsor Road site is zoned R3 Medium Density Residential and SP2 Infrastructure.
“The M7 and M2 motorways are easily accessible via Windsor Road which provides direct access to the Sydney CBD and western suburbs. The M7 motorway also gives access on the M5 Motorway,” said Timbrell.
The $8.3 billion North West Rail Link will also provide eight new railway stations for the region, added George. 
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Development site in Sydney's Baulkham Hills up for sale

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The Obeid family is offloading a development site in Ultimo. 
The 488 square metre site at 129-135 Broadway, owned by former Labor minister Eddie Obeid's sons, Paul and Damian, is being marketed as a mixed-use opportunity with its position next to the University of Technology Sydney.
CBRE have been appointed to market the site. The Australian reports it will fetch $10 million plus.
It is expected to be popular with developers as well as pub operators and restaurateurs.
The B4-mixed use commercial building is leased to the Notre Dame University and Essen Restaurant &amp; Beer Cafe for a net annual income of $396,000.
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jonathanchancellor-7SQnKwU6yx

The Obeid's list Ultimo commercial site

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A corner development site close to the CBD in West Melbourne is on the market with expectations of more than $17 million.  
The 127-153 Stanley Street &amp; 212-224 Rosslyn Street property, comprising five adjoining sites totalling 2,820 square metres and ranging in size from 320 to 788 sqm, would be sold individually, in any combination, or as a whole. 
The sites are being marketed by Savills’ Jesse Radisich, Nick Peden and Clinton Baxter, along with AlexKarbon Real Estate.
Radisich said the sites would ideally suit apartments or town houses given the mixed-used zoning and proximity to the CBD and public transport.
The properties are being sold through expressions of interest closing Wednesday 8 June at 2pm
 
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West Melbourne sites expected to fetch $17 million

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The proposed relocation of Warringah Golf Club’s clubhouse facilities has prompted an expressions of interest (EOI) campaign for the sale of a 4,071 sqm landholding in North Manly - one of Sydney’s most sought after residential locations.
The property at 397 Condamine Street is being offered for sale for the first time since the Warringah Golf Club acquired the site and established its first clubhouse in 1939.
Warringah Council is supportive of the strategy, having promoted the move in its new ‘District Park Plan of Management’, which includes the development of a combined sports club, lease of the golf course and other associated sports facilities.
The listing agents are CBRE’s Aaron Arias and Richard Gell.
CBRE residential development manager Gell said the property is expected to draw good interest as “the site benefits from strong residential market fundamentals, including proximity to Westfield Warringah Mall, schools and public transport into the Sydney CBD”.
The property is being offered for sale as a raw site.
 
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Warringah Golf Clubhouse site in Sydney's Manly on sale 

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Property developer Dyldam has purchased another North-West Sydney site, this time Parklea Markets in Parklea. 
At 21.6 hectares, the Parklea Markets site includes Australia’s largest indoor market and its surrounding carpark area, a main road service centre, a free-standing residence and vacant land.
The site has significant frontages on both Sunnyholt Road (861m) and Old Windsor Road (244m) and is located in North-West Sydney’s key growth corridors.
Just 12 km from Parramatta’s CBD and 30 km from the Sydney CBD,
The site benefits from proximity to transport, with both the Westlink M7 and M2 Motorways are located south of the site. It is near the proposed Bella Vista Train Station and adjacent to the proposed Sydney Metro Northwest rail link
Existing tenancies, in addition to Parklea Markets, include the Service Centre - a Caltex Woolworths service station with convenience store, along with Outback Steakhouse restaurant, Hungry Jacks food outlet and a car wash. In addition, the markets will continue to operate 'business as usual' under existing management for the next 3-5 years.
Dyldam will then look to invite existing tenants to participate in the vibrant commercial mix at the new development.
Dyldam intends to spend the next few years in planning proposal stage to ensure a world-class mixed use development worthy of the iconic site.
“We are looking forward to working closely with Blacktown Council and the relevant authorities to bring this significant landmark site to its full potential. We plan to create a vibrant mixed use precinct of commercial, retail and residential that will promote positive social and economic outcomes for North-West Sydney” stated Sam Fayad, managing director of Dyldam.
The acquisition of the Parklea Markets site complements Dyldam’s existing land bank portfolio which includes the Bull n Bush Hotel site, the former Bonds Spinning Mills in Pendle Hill, both Samantha Riley and Balmoral Road sites in Kellyville and key Parramatta sites Auto Alley and the former Cumberland Newspaper site at 142 Macquarie Street.
 
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Dyldam buys Parklea Markets site in Sydney for mixed-use development

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A Melbourne-based developer has snapped up a mixed-use Sunbury site for $1.25 million.
The sale of 1-5 Riddell Road was brokered by Fitzroys agent Dean Alexander.
The 2,640 sqm site included three titles each owned by one member of the local family that had owned the property for over 50 years.
Alexander said the corner site was sold with a mixed-use zoning and lent itself to a variety of options.
“The property received strong interest from developers looking to capitalise on the flexibility of the site and the region’s rapid population growth,” he said.
Sunbury is the birthplace of The Ashes cricket trophy and a gateway to the Sunbury Wine region, according to the www.visitvictoria.com website.
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Developer buys Victoria's Sunbury site for $1.25 million

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The private Australian developer Grocon had onsold its Epping, Sydney residential development site for $60 million.
It had paid $56.5 million last September for the residential site which was set to be its first high-density apartment project in Sydney in 15 years. 
The site at 30-42 Oxford Street did not have development approval on its purchase by Grocon who expected to yield around 280 apartments with an end value of $250 million.
It lodged plans with Hornsby Shire Council to build a 16-level tower.
Grocon, which has a big presence in Melbourne, had been trying to get exposure to Sydney's housing market for some time, its head of development Dan McLennan advised on purchase.
But three months on it has been onsold.
The Uniting Church sold its lot to Grocon for $28.25 million which was then sold at $30 million. The three other lots, bought at $9.4 million, were offloaded at $10 million each to Zhengtang Epping Holdings Pty Ltd.
The Epping development site would have been the first time Grocon undertook a high-density apartment development since The Cove project in The Rocks in 2000. 
The site was an amalgamation of four lots, initially brokered by Sam Brewer and Ben Hunter of JLL. 
JLL had sold $166 million worth of development sites in Epping, located in Sydney's north-west, in a six month period last year. The suburb, where large tracts of land have been rezoned, is set for major transformation with the NSW government planning to create 3750 new homes by 2031.
Zhengtang's ony other known Sydney acquistion was late last year when the company headed by Nicho Teng bought the $60 million Skyline development site at St Leonards. It has had an Adelaide project, West Franklin underway, ranked as Adelaide's largest with 500 plus apartments set for construction.
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Grocon sells Epping site to Chinese developer, Zhengtang

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A local Asian developer was successful in outbidding 15 other potential purchasers at a Burwood, Sydney development site offering.
It fetched $7.8 million through Savills agents Stuart Cox and Neil Cooke.
The <a href="https://www.realcommercial.com.au/property-land+development-nsw-burwood-501732202" target="_blank">59 Park Road</a> property in Burwood drew over 140 enquiries.
“This was a phenomenal result, smashing Burwood’s record price for townhouse land with this sale equating to $1,115,000 per townhouse site,” said Mr Cox.
The townhouses, once completed, could achieve $2 million plus .
The 1,833 square metre site comprises three detached dwellings with DA approval.
Zoned R3 Medium Density Residential, the development approval allows for seven luxury four bedroom townhouses situated directly opposite Burwood Park.
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