Perth’s new apartment market recorded its strongest quarter of sales since Q4 2021, with 412 apartments sold in Q1 2026 and a record quarterly sold value of $537 million, according to Urbis’ latest Apartment Essentials results.

Urbis said the March quarter result reflects strong, highly product‑specific demand across both ends of the market, from more attainable projects delivering at scale, through to premium stock being absorbed by equity‑rich downsizers.&nbsp;

David Cresp, Partner at Urbis, said the key story in Perth is not demand, it is the market’s ability to convert demand into delivered housing.&nbsp;

“This is the strongest sales quarter since Q4 2021, and it reinforces that demand in Perth is real and it’s local,” David Cresp said. “But the task now is delivery, turning that demand into projects that can actually be built and completed.”&nbsp;

[smartcode_project:default project_id=110291 project_image_fid=302785]

<h2>Affordable product leads, premium demand remains resilient</h2>

Sales in Q1 were led by more affordable projects, with The Boulevard (SKS Group) recording 115 sales in the quarter, the presentation noting this is only the second time a single project has surpassed 100 quarterly sales. The project was able to offer more affordable housing product right next to a train station.&nbsp;

Palmyra West (Finbar) also delivered strong results with 28 sales in Q1, following 84 sales in Q4, with an average price of under $800,000, underscoring depth of demand for well‑located, attainable new stock.&nbsp;

At the premium end, Urbis said downsizer demand is continuing, with the results highlighting Romeo (Applecross, Finbar) recording 75 sales and reaching almost 50% sold in one quarter.

Jual (Shenton Park, Celsius Property) also posted a strong quarter with 28 sales, reaching 39% sold in one quarter.

Urbis noted that Perth apartment demand is not speculative, not investor‑led, and not uniform, describing it as localised, often equity‑driven and highly product‑specific, a pattern reflected in the polarisation between strong “attainable” performers and premium downsizer product.&nbsp;

[smartcode_project:default project_id=148957 project_image_fid=364102]

<h2>Prices underpinned by costs, and the delivery risk is growing</h2>

Urbis said pricing pressure is cost not demand‑driven: construction costs and delivery risk are now a central constraint, with the results noting build costs remain elevated and volatile, and that energy, fuel and labour uncertainty weigh on feasibility.

David Cresp said a growing challenge for private Build‑to‑Sell developers is simply securing a builder in the current environment.

“Developers are really feeling the pressure from a building market that was operating at capacity and securing a builder is challenging,” David Cresp said, adding that even where a builder can be secured, “trying to get to the price that makes the development financially viable is incredibly challenging in the current market.”&nbsp;

Urbis’ broader WA commentary also notes that industry remains at or above capacity with lot and housing creation, and that many builders are limiting new sales to manage stretched workforces and fixed‑price contract pressures, conditions that flow directly into apartment feasibility and delivery timing.

[smartcode_project:default project_id=108869 project_image_fid=317905]

<h2>Supply: improving later, but still constrained, and Perth lags eastern benchmarks</h2>

While near‑term supply remains constrained, Urbis’ forecast shows completions lifting “Supply is forecast to be back above 1,500 apartments per annum for the first time since 2019”, with 1,775 completions forecast for 2026, and volumes remaining above that level over the following years.&nbsp;

Looking further ahead, completions are forecast to reach 2,500 in 2028, with the report noting 32% of that total is social/affordable, reflecting the role of government‑supported delivery in rebuilding the pipeline.&nbsp;

However, Urbis said Perth remains behind comparable markets on pipeline scale. In a national comparison of projects under construction, the report shows under construction Perth Build‑to‑Sell (BTS) at 3,446 apartments versus the Gold Coast at 7,922. Mr Cresp said “The challenge for Perth is how to we grow the delivery pipeline”.

Urbis’ conclusion is that Perth’s market is increasingly defined by product discipline and delivery certainty, with the research identifying “delivery certainty is key” and calling out builder risk and procurement models as core success factors, alongside “timing and staging”.&nbsp;

Joel Robinson

Perth apartment sales hit strongest pace since late 2021 as builder capacity tightens

<a href="https://www.apartments.com.au/developers/sammut-developments">Sammut Group</a> has secured development approval for its latest Brisbane apartment project, marking the Sydney developer’s next step in expanding its Queensland pipeline following the success of its debut Gold Coast development, Coast.

The approved project at <a href="https://www.apartments.com.au/new-apartments/44-glen-road-toowong-qld-4066">44 Glen Road, </a><a href="https://www.apartments.com.au/developments/toowong-qld-4066">Toowong</a> will deliver a 15-storey riverfront apartment building with 42 residences, significantly increasing the scale of the site’s previous approval for a smaller luxury scheme. Designed by Bureau^proberts, the development will comprise a mix of predominantly four-bedroom and two-bedroom apartments positioned to maximise Brisbane River and city views.

Sammut Director Julian Sammut said the group had been actively searching Brisbane for several years before identifying Toowong as the right fit.

“Brisbane was the right step for Sammut,” Sammut said.

“With the success of Coast we thought we should definitely look to do more in Queensland alone. We then pushed up to look at Brisbane. We've been looking for I'd say two to three years actually and it was hard to find the right location.”

<img alt="Sammut makes Brisbane apartment play" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_75/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202025-12-23%20at%203.27.14%E2%80%AFPM.png?VersionId=dYAVIL7qdcGA8ojvkslSrLjczXFejSSx" />

Sammut said suburbs including New Farm and Teneriffe were considered before the group ultimately focused on Toowong due to its strong downsizer demographic and limited supply of developable riverfront land.

The site was acquired off-market after what Sammut described as a lengthy negotiation and planning process, with the developer pursuing an uplift to the original approval.

“We are DA approved now which is very exciting,” Sammut said.

“We've had our change approval come through and we've obviously doubled the height, 15 storeys plus rooftop. We've got 42 amazing apartments that are going to be coming to market soon.”

<img alt="Sammut makes Brisbane apartment play" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-12-23%20at%203.27.26%E2%80%AFPM.png?VersionId=ohkRkY0dIZlqdfME2EZePsCQavRiBadE" />

Bureau^proberts said the design responds to Toowong’s evolving urban character, balancing contemporary apartment living with the area’s established residential identity.

“A place where traditional Queensland living has taken place for centuries; Toowong is seeing a shift of contemporary influence, commercial and retail hubs mixed with well-considered residential offerings – all the while maintaining its character and charm,” the architect noted in planning documents submitted to Brisbane City Council.

The architecture practice said the project’s form was shaped by its riverfront setting, flood considerations, neighbouring building scales, and view corridors.

“They said the mix of four and two-bedroom apartments capture the ‘fundamental qualities of Queenslander living,’ translated into the context of a contemporary subtropical building.”

The development sits just off Coronation Drive within walking distance of Toowong’s retail precinct and the upgraded Regatta ferry terminal, while also benefiting from proximity to the incoming green bridge connection to West End. Sammut said the accessibility and amenity offering were central to the site’s appeal.

The approval adds to growing residential activity along the Toowong riverfront, joining nearby projects including Consolidated Properties’ Monarch Residences and Spyre Group’s ARC Residences.

Sammut secures approval for debut Brisbane apartment development in Toowong

Developer Lanevick is heading back into Sydney’s apartment market after focusing more heavily on the luxury townhouse and terrace sector in recent years.

Lanevick, founded and directed by Steve Maroun, is expecting to receive approval in the coming months for a new apartment development in Gladesville, with the aim to launch it to the market later this year.

The 51-apartment project, designed by Studio Johnston, will comprise a mix of one-, two-, and three-bedroom apartments positioned toward the Hunters Hill downsizer market.

“Traditionally it’s been difficult for people in that market to downsize because there just hasn’t been the right product available,” Maroun said.

“We’re targeting buyers who might have 30 to 40 per cent of their house value sitting in the bank after downsizing.

“They still want good spacious entertaining areas, they still want quality design, but they also want flexibility and the ability to enjoy life a bit more after working hard for a long time.”

The project sits near Boronia Park and within close proximity to the Parramatta River foreshore, an area Maroun says offers more of a Hunters Hill lifestyle than a traditional apartment precinct.

“From a lifestyle perspective, it’s really more Hunters Hill than Gladesville,” Maroun said. “You’re close to the foreshore, close to parklands, and still connected back into the village precinct.”

From level four and above, apartments will capture water views&nbsp;toward Sydney Harbour. Communal amenity will include rooftop entertaining areas, wellness spaces, and a gym tailored toward owner-occupier buyers.

“We’ve really designed these apartments around that buyer coming from the Hunters Hill LGA and what they’re actually looking for in their next chapter.”

The proposed development has also been designed to respond to the changing character of the broader Gladesville town centre, where a growing number of mixed-use and residential proposals are expected to emerge over the coming years.

“Gladesville presented a rare opportunity to deliver a genuinely design-led residential project within an evolving lifestyle precinct, just moments from the growing Gladesville town centre, and we’ve approached the project with a strong focus on architecture, liveability and long-term community value,” Maroun said.

Maroun said Lanevick saw a first-mover advantage within the precinct as planning controls continue to evolve to accommodate greater housing density.

“We think there’s a real opportunity there that hasn’t really been serviced properly yet,” he said.

“There’s going to be a broader evolution of the whole Gladesville village precinct over time, particularly with more activation and mixed-use outcomes.”

The Venus Street proposal will include a commercial and retail component at ground level designed to contribute to that evolving streetscape activation.

“A big part of the thinking was how do you activate that area properly and create more vibrancy and amenity, which is what Hunters Hill has been looking for,” Maroun said.

Lanevick’s focus since 2020 has largely been on smaller-scale luxury townhouse and terrace developments. The developer recently completed Royale Randwick, also designed by Studio Johnston, where prices reached $3.65 million. The project was featured in the UDIA NSW 2026 Professional Development Prospectus and was also named a finalist for Development of the Year.

&nbsp;

Lanevick to cater for Hunters Hill downsizers with new Gladesville apartment development

Property developer One Living, backed by former Macquarie banker turned investment manager Chris Green’s investment firm, has unveiled plans to bring more institutional capital into housing to help address the national supply crisis.

The New York-based investor has focused his firm, GreenPoint Partners, on addressing the supply shortage hitting middle market housing in Australia.

It is backing the new One Living business to develop more than 1000 units along the eastern seaboard. The new firm is starting with a development on Mona Vale Road, on the border of Mona Vale and Pymble, in Sydney’s Northern Beaches, with around 140 apartments planned. They are eyeing off more sites across the city.

With cost pressures rising in the industry, One Living’s model is to be a vertically integrated developer-builder, so it can respond directly to the housing gap by removing the cost inefficiencies embedded in traditional residential delivery.

“We are building a platform designed to operate at scale and starting in a market where there’s a clear need for quality, attainable housing,” One Living joint managing director Joseph Scuderi said.

“It’s that missing middle – it’s that attainable end of housing… that’s what most Australians invest into and what Australians can actually afford.”

<img alt="Mona Vale" data-entity-type="file" data-entity-uuid="798dfa93-4941-4db6-a696-31e9dc18e81c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%202.31.50%E2%80%AFPM.png?VersionId=mKBqi5C_DmeiXS.AtJkcR8LQIxqCqmFi" />

GreenPoint Partners brings years of experience assembling and scaling real estate operating businesses across major markets. And Green sees a big opportunity in Australia.

“For its size, sophistication and importance to the community, Australia’s living sector has remained largely under-institutionalised, which represents significant opportunity,” Green said. “GreenPoint identified that gap, assembled the right team, and is backing One Living to build a platform that is aligned to market needs.”

Green said being a builder-developer would give the company the capacity and flexibility it required to deliver reasonably-priced homes.

“We want it to be at that attainable level; not super high end luxury but at that attainable level,” he said.

<img alt="Mona Vale" data-entity-type="file" data-entity-uuid="74a5344a-4b26-4d4a-ada3-056b1220be77" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%202.32.15%E2%80%AFPM.png?VersionId=vY8hXHO4reBMdO8ZXMWCNtGZJofUPQ3j" />

&nbsp;

One Living will undertake a component of affordable housing in its schemes, which it will own and operate, and it could also run build-to-rent on some sites.

Green praised local policy settings.

“The NSW government is being very supportive, strategic and pragmatic in terms of how do we generate more supply of housing,” he said. “We think it’s actually positive for development and the bit that’s been lacking at that attainable level is that it’s lots of relatively small private developers, whereas we want to create an institutional platform.”

One Living is also&nbsp;looking at high-density projects and could take on more institutional funding in the future.

“The way we will be able to achieve economies of scale is through size,” Green added.

One Living enters Sydney's new apartment market with Northern Beaches site acquisition

It's been several years since there's been an opportunity to buy a brand new townhome in Melbourne's coastal suburb of Mordialloc. Even apartment developments in recent times have been few and far between in the area.

Local developer LDS Property identified the gap in new housing, securing a site on White Street, directly opposite&nbsp;Woodlands Golf Club Mordialloc. They've recently launched&nbsp;<a href="https://www.apartments.com.au/new-townhouses/wm-residences-mordialloc-102-white-street-mordialloc-vic-3195">WM Residences</a>, just 13 townhouses which they have already started building.

Projects by Buxton Director Heath Thompson, who is selling WM Residences, says the townhouses x that perfect middle ground be

"Mordialloc residents have had limited options to downsize within the suburb, often forcing them to look elsewhere despite long-standing ties to the area," Thompson says.

"With very little comparable new supply coming to market, projects like WM Residences are well placed, particularly as buyers look to capitalise on current conditions amid constrained supply."

[smartcode_project:default project_id=134646 project_image_fid=6109]

The development, designed by regarded architecture firm&nbsp;<a href="https://www.apartments.com.au/architects/ewert-leaf">Ewert Leaf</a>,&nbsp;adopts a deliberately restrained architectural approach, focusing on simplicity, durability and liveability rather than overt design gestures.

The boutique scale is central to the offering. With only 13 three-bedroom residences, each home is configured to prioritise functional layouts and everyday use, supported by private terraces and secure two-car garages.

Ewert Leaf’s design response leans into a calm, neutral material palette. Interiors are defined by oak flooring, white walls and soft finishes, creating a consistent and understated backdrop. The approach avoids trend-driven detailing in favour of longevity, with an emphasis on natural light and spatial clarity.

[smartcode_project:default project_id=134646 project_image_fid=6110]

Beyond aesthetics, the homes are designed to meet contemporary performance expectations. Each residence targets a minimum 6-star energy rating, incorporating double glazing, comprehensive insulation and all-electric Bosch appliances.

The project’s location supports a walkable coastal lifestyle, sitting within close proximity to Mordialloc’s foreshore, Main Street retail strip and the train station. Local cafés and dining venues, including Suburbia Deli and Hendriks Café, are within a short walk, reinforcing the area’s established neighbourhood character.

[smartcode_project:default project_id=134646 project_image_fid=6116]

While <a href="https://www.apartments.com.au/developments/mordialloc-vic-3195">Mordialloc</a> is often defined by its beach and pier, the project taps into other areas of day to day living, offering easy access to local food, casual dining and transport, rather than positioning itself purely as a lifestyle retreat.

WM Residences reflects a continued trend across Melbourne’s coastal suburbs towards smaller-scale, design-led townhouse developments, particularly on infill sites where proximity to amenity is already established.

With construction commenced prior to its market entry, the project aligns with a growing preference among buyers for developments with visible progress and defined delivery timeframes.

[smartcode_project_cta:default project_id=134646]

WM Residences fills gap in Mordialloc townhouse market

Eastern Suburbs

Rose Bay has long stood as one of Sydney's most prestigious Harbour suburbs, attracting those seeking both postcard views and a vibrant lifestyle.

Price growth has been consistent, solidifying its reputation in the trophy market, highlighted by a record house sale that reached $45 million in 2021.

Historically, the new apartment market in <a href="/new-apartments/rose-bay-nsw-2029">Rose Bay</a> has been virtually non-existent, leaving locals with limited options: either relocate from the suburb they love or downsize to an older apartment in a building constructed decades ago.

However, a shift is underway. The new apartment market is beginning to flourish, offering fresh opportunities for buyers.

Last year, Rose Bay recorded 69 house sales exceeding $3 million, compared to just 29 unit sales, according to CoreLogic. However, that gap is narrowing; as of 2024, there have already been 36 house sales over $3 million and 32 unit sales, signaling a growing supply and increasing interest in new apartment living.

Indeed that is reflected in the data from MatterFact, the new data from Apartments.com.au.

Rose Bay has emerged as the most searched suburb in the Eastern Suburbs over the past three months on Apartments.com.au. There was a 48 percent increase in searches from June to July, with last month’s search volume reaching its highest level since April 2023.

The metrics driving new apartments in Rose Bay are largely influenced by the high cost of land, the cost heightened due to Rose Bay's proximity to the beach and the harbour, its charming village atmosphere, and the prestigious Royal Sydney Golf Club, one of Australia’s most exclusive golf courses and host of the Australian Open.

While land prices are high, new apartments can command premium prices due to the strength of the local housing market and the relative undersupply in the new apartment sector.

Generally, most new developments tend to have anywhere between 10 to 15 apartments, given the strict height limits in place by the Woollahra Council.

The newest apartments in Rose Bay come from the likes of regular Eastern Suburbs developers Stargate Property and Fortis.

Builder-developer Stargate is nearing completion of its Everose development on Old South Head Road.

Only recently launched to market, Everose comprises 26 two and three-bedroom apartments with outdoor garden courtyards or terraces and kitchens kitted out with&nbsp;premium V-Zug appliances.

[smartcode_project:default project_id=113391 project_image_fid=277970]

<a href="/developers/fortis">Fortis</a> is soon to start welcoming buyers to its completed Atlas development on Spencer Street.

Recently completed by <a href="/builders/lords-group">Lords Group</a>, <a href="/buildings/atlas-rose-bay-5-spencer-street-rose-bay">Atlas</a> has just 12 apartments designed by MHN Design Union.

Fortis is already working on its fourth multi-residential development in Rose Bay. Last month, Urban revealed the development arm of Pallas Capital lodged plans for its recently acquired Ian Street site.<img alt="Fortis" data-entity-type="file" data-entity-uuid="e67d85e4-9123-4311-8983-278550d7cf93" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-09-27%20at%209.44.14%E2%80%AFAM_0.png?VersionId=Dq_i3_UCtaUTxGQXGSGZFXXCh__9sLNK" />

They're planning 12 apartments, 11 three-bed and one two-bed, across a five-level building at 10-12 Ian Street. They've had&nbsp;<a href="/architects/mhn-design-union">MHN Design Union</a>&nbsp;handle the architecture again.

Read more:&nbsp;<a href="/news/nsw/lords-group-to-bring-scaffolding-down-at-fortis-atlas-in-rose-bay">First look exclusive: Fortis plan new Rose Bay apartments</a>

One of the most exciting developments Rose Bay has seen in years looks set for the fringe of the Royal Sydney Golf Club.

<a href="/developers/orosi">Orosi</a>, a fully integrated developer with its own construction and architecture arms, will be developing a part four, part five-level building on the corner of The Avenue, Old South Head Road, and William Street.

<img alt="Orosi" data-entity-type="file" data-entity-uuid="1f11577c-ef7d-4e9d-9f9f-70fd8bea5adf" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-09-27%20at%2010.00.15%E2%80%AFAM.png?VersionId=86DuGR5PD9ZhXrqbJjKmZKYaeIg6FeMM" />

On offer for buyers will be 50 two and three-bedroom apartments. The unrepeatable site spans over 3,000 sqm.

The apartments will sit above a new vegan cafe, restaurant, and a commercial space that will act as the display suite during construction, before turning into Orisi's new office on completion.

Read more:&nbsp;<a href="/news/nsw/first-look-exclusive-orosi-plan-rose-bay-shoptop-on-key-gateway-site">First look exclusive: Orosi plan Rose Bay shoptop on key gateway site</a>

Rose Bay has emerged as the most searched suburb in the Eastern Suburbs over the past three months on Urban.com.au

Downsizers finally start to get their chance in Rose Bay as new apartment supply grows

AYA Penthouse, the largest single-level apartment in Bondi Beach, has just been sold for around $22 million, just a few weeks before its completion.

The four-bedroom, 353 sqm penthouse designed by world-renowned architect Koichi Takada, was sold by Eddie Mansour of Ray White Projects and Jeremy Wiesner of Wiesner Property, with Mansour saying the sale represents the highest price achieved for a&nbsp;non-beachfront facing apartment.

Wiesner said every square metre of the penthouse "goes above and beyond."

"The indoor/outdoor living areas, enhanced by Takada’s signature touches, were a major drawcard for buyers."

<img alt="" data-bit="iit" data-entity-type="" data-entity-uuid="" height="260" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXdMv79gUyZ7n3JPiNgqgarE5g2M5exVS9VMG8tiAtFTH3W5x_g7pIekB1MCek1wYczR7tED6nj5x1t46mhGJ7kd6BGwK5S2cdSurjx7gY-U8tOowflzyiRsHgpRDd2cmk66OOFNqaGtIJ70gNnVQIR6i68F?key=MYjsndFdB7Y58ALwjMF-Xg" tabindex="0" width="602" />

The AYA Penthouse sits atop Aqualine, a boutique block of just 12 apartments at 45 Hall Street, developed by Moshav Financial.

Tal Silberman, group managing director of Moshav, said that he was incredibly proud of their group’s development, setting a new benchmark for luxury property.

“AYA Penthouse epitomises coastal luxury with its iconic location and innovative design,"&nbsp;Silberman said.

"This record-breaking sale is testament to the desirability of Bondi Beach and the appetite for truly magnificent design."

Buyers agent Will Roberts from Alsaker negotiated the sale on behalf of the Eastern Suburbs buyer.

Construction firm Lord Group is currently completing the final stages of the development.

The AYA Penthouse sits atop Aqualine, a boutique block of just 12 apartments at 45 Hall Street, developed by Moshav Financial

AYA Penthouse, Bondi Beach's largest single-level apartment sells for around $22 million

The new apartment pipeline in Sydney's Eastern Suburbs is hotting up heading into summer.

But buyers are very particular, considering they're buying into the most expensive area of real estate in the country.

1st City agent Yaron Foghel has noted an increase in buyer demand in new and off the plan apartments in the east, from both owner occupiers and investors.

"They're looking to take advantage of future market potential," Foghel says.

New projects allow buyers to secure a property at today's prices with the potential for appreciation by the time of completion," Foghel says.

Foghel has distilled buyers' main criteria into the 'Three V's.'

"Buyers want views, a village, and value. The Three V's are crucial in driving demand."

A spectacular view of the ocean, harbour, or city skyline can significantly enhance a property's appeal and price, Foghel says.

"Additionally, the charm of a local village, with its vibrant cafes, boutique shops, and community vibe, adds a sense of belonging and convenience.

Foghel says value has always been a major driver.

"Buyers seek properties that offer long-term investment potential, balancing luxury and lifestyle with future growth prospects in highly sought-after areas.

Foghel is marketing two developments that offer each of the 'Three V's.'

One of the most unique projects on the market in the Eastern Suburbs is Mangata, the latest luxury development from&nbsp;<a href="/developers/rnb-property-group">RnB Property Group</a> in&nbsp;<a href="/developments/vaucluse-nsw-2030">Vaucluse</a>.

<a href="/new-apartments/mangata-27-29-kimberley-street-vaucluse">Mangata</a>, named after the Swedish word meaning 'the road-like reflection of moonlight on water', comprises just four full-floor apartments positioned on&nbsp;the iconic Federation Cliff Walk, offering panoramic views from Dover Heights to Watson's Bay.

<a href="/news/nsw/what-are-new-apartment-buyers-in-sydneys-eastern-suburbs-looking-for-matterfact-insight">What are new apartment buyers in Sydney's Eastern Suburbs looking for? MatterFact Insight</a>

[smartcode_project:default project_id=144130 project_image_fid=256793]

The most recent release has been in <a href="/developments/bondi-junction-nsw-2022">Bondi Junction</a> where <a href="/project-marketer/1st-city-projects">1st City Projects</a> is marketing Origami, the first <a href="/architects/koichi-takada-architects">Koichi Takada</a>-designed development in Bondi Junction.

<a href="/new-apartments/origami-bondi-junction-55-grafton-street-bondi-junction">Origami</a>, developed and built by JQZ, comprises 88 one, two, three and four-bedroom apartments. Even the one-bedroom apartments toward the bottom of the building have never-to-be-built-out harbour views.

[smartcode_project:default project_id=9002 project_image_fid=296377]

The Grafton Street development features a range of commercial spaces on the ground level that can be customised by their owners to be anything from a home gym, office, or music studio.

Residents will have access to a rooftop pool with extensive harbour views.

[smartcode_project:default project_id=9002 project_image_fid=296388]

The development, with a 24/7 concierge and smart parking system, will reset price records for Bondi Junction.

"This will no doubt be Bondi Junction's best new development," Foghel says.

"JQZ changed the density and design of the building when they bought the site a few years ago to make sure it stands the test of time as the standout building in the area."

The "Three V's" Eastern Suburbs new apartment buyers are seeking

Revised plans by&nbsp;Fender Katsalidis for the $111 million redevelopment of the Coogee Bay Hotel have been submitted.

The original plans to demolish significant parts of the hotel and build a new six-storey apartment building were met with significant opposition from both Randwick City Council and local residents.

The applicant took the matter to the Land &amp; Environment Court in November 2021, and since then, the case has been ongoing. However, on March 23, 2023, the LEC granted permission for the applicant to lodge amended plans.

<img alt="Render of the proposed Coogee development" data-entity-type="file" data-entity-uuid="9bc29867-b60d-4ca4-bd3a-f9c5b0794472" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-04-03%20at%203.31.59%20pm.png?VersionId=4oVyhWm51qLJxDP.1oX5o4grAiZG7pOR" />

Under the new proposal, several existing buildings and structures on site will be demolished. However, the hotel and most of the Coogee Bay Road facade and beer garden will remain. The internal areas of the hotel will also be reconfigured, and 16 new and 15 refurbished rooms will be added.

To the west of the site a four and five-storey shop top residential building will be constructed, comprising 58 apartments, with seven one-bedroom, 25 two-bedroom and 24 three-bedroom apartments, in addition to two four-bedroom penthouses.

A new three-storey southern hotel wing, south of the beer garden, will be constructed, including 15 new hotel rooms. The existing beer garden area will also be upgraded, with the construction of new dining pavilions.

Additionally, 11 new retail tenancies, including cafes, shops, and restaurants, will be created in a ground-floor eat street precinct and Coogee Bay Road. A new public laneway will also be established, running from Coogee Bay Road to Arden Street, creating a through link.

<img alt="Render of the proposed Coogee development" data-entity-type="file" data-entity-uuid="fc57fa6b-bca4-4457-a5e3-b2d9ee8cc018" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-04-03%20at%203.32.18%20pm.png?VersionId=XOQ0B5Nv2ZzR4PWvQwrnmrzunmftdLSI" />

Two levels of car parking will service the development, one at ground level and one basement carpark level, with around 159 spaces planned.&nbsp;

Currently, Randwick Council's external planning consultants are undertaking a detailed assessment of the amended plans, and community feedback will be carefully considered as part of the court proceedings.

Key amendments to the proposal:

<ul>
	<li>Building heights reduced from a maximum of 23.33m to 21.35m.</li>
	<li>Amendments to the building mass to retain view lines to key landforms including Wedding Cake Island, Dolphin Point and the northern headland of Coogee Beach.</li>
	<li>Reduction in basement excavation by two levels.</li>
	<li>Increased building setback to the southern boundary and accommodation of deep soil planting and additional communal open space.</li>
	<li>Removal of the ground level supermarket tenancy and provision of residential apartments to the street frontage of Vicar Street.</li>
	<li>Increased retention to four heritage building facades along Coogee Bay Road.</li>
	<li>Internal reconfiguration of pub building, hotel and all residential apartments.</li>
	<li>Inclusion of a three-storey building to the southern side of the beer garden. Provision of the car park entry from Arden Street only and removing the car park entrance from Vicar Street.</li>
	<li>Changes to the colour and materials used on the retail tenancies fronting Coogee Bay Road to respond to the character of this streetscape.</li>
</ul>

Under the new proposal, several existing buildings and structures on site will be demolished

alisonwarters@gmail.com

Revised plans submitted for $111m Coogee Bay Hotel redevelopment

Dreamers of owning a property in Bellevue Hill might soon have a chance to enter the market at a lower entry point compared to the sprawling estates the harbourside suburb is known for.

And the opportunity is set to arise on Fairfax Road, one of Bellevue Hill's most exclusive streets, near the Packer family's 1.2 hectare Cairnton estate.

Plans have been lodged by the Sutherland Shire-base Nivana Group, who are seeking to turn a 1930s, Art Deco low-rise at 3 Fairfax Road into a three-level apartment project, designed to fit into the eclectic mix of houses that line the Eastern Suburb’s streets while adapting and creating something new in the locale.&nbsp;

Designed by Sydney locals MHN Design Union, the $5.5 million development will see just four three-bedroom apartments developed, and one four-bedroom penthouse.&nbsp;

"The unit mix is consistent with market demand and represents a wide range of apartment buyers, users, and typologies,” MHNDU said in their design statement.&nbsp;

“It will suit the demographic mix of families, retirees, and down-sizers living within the surrounding area, while the layouts are flexible and adaptable to allow for future conversion if needed.”

An attempt has been made to minimise the bulk and scale of the building, with the architects utilising a bi-partite form that incorporates an articulated facade and adequate setbacks between neighbouring buildings. The masonry building will feature regular openings, deep reveals, columns and solid panel walls to provide a rhythm of light and shadowed elements against a white textured render, along with clear glass and light bronze metal trims and detailing.

<img alt="Render of the Bellevue Hill project. " data-entity-type="file" data-entity-uuid="1f9da763-9f34-444a-8ce5-f6f785ff6873" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202022-12-19%20at%205.13.06%20pm.png?VersionId=zFkhMp4mkpPI4QIz9EZd5GtREBP8BxIa" />Render of the Bellevue Hill project. Credit: MHNDU

Low retaining walls and landscaping soften the barrier along the street footpath, with curved concrete walls signalling the entrance to the building.&nbsp;

Generously sized, each of the apartments include expansive balconies or terraces, with the floorplans designed to maximise solar access and cross flow ventilation in all the living spaces. Floor-to-ceiling windows in the living spaces also take advantage of view lines to the east and north.&nbsp;

Just two apartments will grace the first two levels of the building, each with three-bedrooms and three-bathrooms. Benefitting from access to the private garden area at the rear of the site, the apartments will also benefit from direct access to two swimming pools which are located at the front of the site.&nbsp;

The penthouse apartment will feature four-bedrooms and four en-suited bathrooms, along with various private outdoor covered terraces, including one adjoining the living area facing the cliff and rear garden, one at the front of the apartment and one from the master-bedroom.&nbsp;

“The proposed floor space represents a desirable outcome for the ordered growth within the area, with minimal impact on the amenity of existing neighbours," the report continued.

“The private open areas of the apartments are deep enough to be comfortably furnished, while also being long to accommodate a variety of outdoor uses.”

All apartments are provided with plenty of internal storage areas within the apartment, including a laundry/linen cupboard with space for a washing machine, dryer and tub, with additional secured storage provided within the one-level basement, which will also accommodate space for parking.&nbsp;

Volker Klemm have handled the landscaping designs for the project, with deep perimeter planting proposed. Maximised across the ground floor where possible, the landscaping will not only provide significant screening and privacy, but also create a leafy oasis for residents to relax and unwind among.&nbsp;

Located just under four-kilometres from the Sydney CBD, future residents will also be near to the Double Bay town centre, which is a short 200-metre stroll from the site, with the Eastern Suburbs neighbourhood well connected to a range of convenient amenity, including schools, hospitals, restaurants and recreational offerings.&nbsp;

[smartcode_project_cta:default project_id=137760]

Designed by Sydney locals MHN Design Union, the $5.5 million development will see just four three-bedroom apartments developed, and one four-bedroom penthouse

First look: Boutique apartment plans lodged for Bellevue Hill

Sydney development group Top Spring Australia has sold the second penthouse within its Ode Double Bay development, fetching a price of a cool $21.49 million.&nbsp;

The 219 sqm penthouse, which features an upper level with a private 111 sqm rooftop terrace, complete with a spa and landscaped entertaining spaces, was sold to a couple seeking to downsize from their five-bedroom harbour-front residence in Sydney’s eastern suburbs.

The penthouse comprises three-bedrooms, three-bathrooms, a media room and multiple living and dining zones. The master bedroom features a custom walk-in robe with leather finishes and an oversized bathroom complete with a freestanding bath, double shower, marble bench tops, and travertine flooring.

A private wine cellar adjoins the expansive entertainer’s kitchen and butler’s pantry, finished in natural stone bench tops, custom joinery and a choice of either timber or travertine floors.

<a data-entity-type="file" data-entity-uuid="6fe53e49-7222-42dd-8022-2d2979098465" href="/new-apartments/ode-double-bay-19-27-cross-st-double-bay-nsw-2028"><img alt="Render of Ode Double Bay" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/ODE_External%20Hero.jpg?VersionId=HL7i0pU6L.bhRT2gFhKf8_sUkRq85IMw" /></a>Render of Ode Double Bay. Image supplied.&nbsp;

It’s the third time Ode has broken the previous pricing record of $16.092 million in the blue-ribbon suburb, with the adjoining penthouse selling off the plan for $24.9 million and a sub-penthouse selling for $17.495 million.

Top Spring Australia Managing Director, Sydney Ma, said the sale of the two Ode penthouses to local buyers is a testament to its exceptional architecture and location, and its enduring contribution to the renaissance of Double Bay.&nbsp;

“From its refined architecture, artwork and concierge service to the vibrancy of the custom interiors and ground floor retail spaces, Ode’s contribution ultimately extends beyond that of a residential experience, to a complete and unrivalled lifestyle experience,” Ma said.&nbsp;

All three record-breaking sales were brokered by 1st City Real Estate Group.

Managing Director Brad Caldwell-Eyles said wine collecting is a passion of the latest penthouse purchasers.

“The wine room was certainly a real draw card, alongside the lifestyle, convenience, outlook and quality that comes with living at Ode Double Bay,” Caldwell-Eyles said.

“Our buyers are very active in golf, travel and their family office’s business interests, and the opportunity to downsize from their five-bedroom harbourfront home to this exquisite three-bedroom plus media room penthouse was perfectly timed.”

<a data-entity-type="file" data-entity-uuid="2081b6a5-3583-470c-80f2-a76e373ea38a" href="/new-apartments/ode-double-bay-19-27-cross-st-double-bay-nsw-2028"><img alt="Render of the wine room in Ode Double Bay" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/21187_214_HR.jpg?VersionId=e7aK1JdNrOAgtRVvGo5tY2rgMwe_siIN" /></a>Render of the wine room in Ode. Image supplied.&nbsp;

The five-storey development, designed by Luigi Rosselli Architects, comprises 15 three and four-bedroom apartments and 600 sqm of ground floor retail space, most of which has been sold to leading Sydney restaurateurs.

Double Bay institution, Indigo, will move into 300 sqm of Ode’s retail space and local fine dining offering, Carte has secured 137 sqm of space with plans to relocate its modern art and fine dining experience.

Located at 19-27 Cross Street, the corner site also directly links to local retail and dining offerings, and is located close to local beaches, parks and public spaces.

The remaining three-bedroom apartments start from $9.695 million, while the four-bedroom 
residences start from $11.995 million.

Demolition of the existing site commenced in September 2022, with the main construction phase due to commence in early 2023. Construction is scheduled to wrap by early 2025.&nbsp;

[smartcode_project_cta:default project_id=113405]

Downsizers splash $21.49 million on Ode Double Bay penthouse 

Prominent eastern suburbs developers HSN are back to the popular Bondi locale, setting their sights on Bondi Beach this time having previously developed Ellipse in Bondi Junction.&nbsp;

The property group, along with their construction arm HSN Construction, has lodged plans for a residential development across an amalgamated 1166 sqm site at 55 Hall Street.

Located just 350 metres from the sand of the iconic Bondi Beach, PBD Architects have been engaged to design the four-storey shop-top project, which will deliver just 16 apartments above ground floor retail space.&nbsp;

In keeping with market demand and residential options in the area, a mix of floorplans will be constructed, with one one-bedroom apartments, 12 two-bedders and four three-bedroom apartments.&nbsp;

“The surrounding context has seen some impressive developments come to fruition in the past decade, many of which have contributed to the Australian coastal character of the area,” PBD said in their application plans.&nbsp;

“The site functions as a development that seeks to activate the Hall Street street frontage, with the design sympathetic to the pattern of development and desired future character of Bondi.”

The overall style of the Hall St residences is eclectic, however it fits in with the wider neighbourhood’s context through its Australian coastal style.&nbsp;

<a data-entity-type="file" data-entity-uuid="dbd912d0-4364-4f62-a9eb-e3eacc12c733" href="/new-apartments/55-hall-street-bondi-beach"><img alt="Render of the Hall Street development. " data-entity-type="file" data-entity-uuid="dbd912d0-4364-4f62-a9eb-e3eacc12c733" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-11-29%20at%205.22.22%20pm.png?VersionId=XLO08Wvwsy18GDNTes0ClhZLYHNo7aSw" /></a>Render of the Hall St development.&nbsp;

Framed glazing throughout maximises the solar orientation of the apartments, while also capitalising on the views.&nbsp;

A mix of fluted precast concrete will make up the base of the development, complemented by natural stone and a mix of brown and green hued elements.

A close collaboration with renowned landscape architects, Bates Landscape has resulted in a synthesis of building design, further corroborating the design with the natural surrounds. &nbsp;

The landscape proposal draws upon the unique ecological character of the Bondi area, with planter boxes utilised throughout the building facade, as well as across the ground floor, seamlessly connecting the project to the natural neighbourhood.&nbsp;

The site’s location near to the best Bondi has to offer will also means future residents will be within walking distance to a number of cafes, restaurants, bars and supermarkets, as well as a range of public transport options, providing connection to a wider range of facilities, including schools and the Sydney CBD.&nbsp;

There’s been a string of developers who have taken to the popular street in recent times, including <a href="/news/nsw/first-look-allen-linz-and-eduard-litver-team-up-for-new-hall-street-bondi-apartments">Allen Linz and Eduard Litver’s $12.5m project across an amalgamated site at 34-38 Hall St.&nbsp;</a>

The four-level building will have ground floor retail, apartments above, and two-levels of basement parking, with the block bookended by the heritage Post Office to the east.

Embece Studio were enlisted to design the plans for the project, taking inspiration, not dissimilar to PBD, from the neighbourhood’s surrounding landscape and greenery.

The well-known Sydney property investor and developer, <a href="/news/nsw/vaughan-blank-set-for-apartment-development-on-bondi-beachs-hall-street">Vaughan Blank, has also submitted $9.4 million plans to transform the old Westpac building on Hall St.&nbsp;</a>

He'll be creating a new shop-top housing building, with 15 apartments and retail premises on the ground floor, designed by BANG Architecture.&nbsp;

[smartcode_project_cta:default project_id=136998]

HSN has lodged plans for a residential development across an amalgamated 1166 sqm site at 55 Hall Street.

First look: HSN lodge apartment plans for Bondi’s popular Hall Street

The ASX-listed group Mirvac together with Easts Group will fill the gap in the downsizer market, with the topping out recently of their near $164 million over–55’s development.&nbsp;

The Langlee will be lifestyle focussed and amenity-rich, with the lucrative benefit of welcoming its first residents in 2023.&nbsp;

The project marks a return to the eastern suburbs for Mirvac, following the successful completion of The Moreton in Bondi in 2017, at a time where up to one in 10 baby boomers are opting to downsize, freeing up the family home to allow the next generation of families to move in.&nbsp;

The ‘right-sizer’ movement, enhanced further by the Federal Government’s Downsizer Scheme, promotes housing efficiency in a supply-constrained market.&nbsp;

<img alt="Render of the Mirvac over-55's development, The Langlee" data-entity-type="file" data-entity-uuid="35d4909b-dbd6-4395-b5c3-7a4a4f158d6f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/MIR2300_Waverley_S030_EXT_HeroWesternFacades_Final2000%20%282%29.jpg?VersionId=fmH_ZFjFYC4Okz45gQQCfSvL7bxQ0iaU" />Render of the Mirvac over-55's development, The Langlee

Mirvac’s Head of Residential, Stuart Penklisa said the partnership with Easts Group will deliver an amenity-rich lifestyle for the right-sizer, offering the best of both convenience and comfort.&nbsp;

“On top of that, we wanted to create a new benchmark of exceptional quality that would live up to Mirvac’s reputation of quality and discerning attention to every detail,” Penklis said.&nbsp;

“We know that Australia’s ageing population is on the rise. In fact, those aged 65 and above will double to one in every four people by 2042, and along with it the trend to downsize will gain further momentum. But The Langlee offers prospective purchasers an attractive downsizing option with a difference.”

“The idea of an over 55`s residence has significant value to the wider community and allows for the natural transition of the housing continuum by allowing downsizers to reside and enjoy a maintenance free environment with state-of-the-art facilities, and in turn on-sell their larger family home to the next generation of families, prompting much needed housing to the market,” he added.&nbsp;

Designed by Altis Architecture, in conjunction with Mirvac’s design team, the rare one-hectare site will feature 55 premium residences, in addition to a suite of lifestyle-focussed amenities, including a 20-metre indoor lap pool, treatment and steam rooms, a mezzanine level gym and space for pilates, yoga and stretching classes.&nbsp;

<img alt="Render of the pool area within The Langlee" data-entity-type="file" data-entity-uuid="523f4712-a114-4021-b944-3e81156feed2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/MIR2300_Waverley_S050_INT_WellnessCentre_Final2000.jpg?VersionId=yjFc9pwlX8zWrAhX_Jt__Hq3MbzJoKeK" />Render of the pool area within The Langlee

An indoor/outdoor casual and contemporary café, restaurant and bar will also be situated on the ground floor, fronted by two bowling greens.&nbsp;

An added feature will be a personalised well-being concierge service delivered by Zinnia Living to benefit residents whilst moving in, making it easier to transition seamlessly into a lifestyle of relaxed luxury.&nbsp;

Penklis said that The Langlee meets the increasing needs of a growing consumer group in an area of limited supply and addresses the unmistakable trend towards living environments which include a high level of amenity that deliver health and social benefits.

Along with lifestyle features and amenities, Mirvac has worked to lighten The Langlee’s environmental footprint through sustainable building practices and cost saving benefits for residents. The Langlee maximises available roof space to house solar panels, with a 92-kW system to be installed which will significantly offset the running costs of the common area facilities, reducing ongoing energy costs to our residents.

Electric Vehicle (EV) charging to each and every residential car space has also been provisioned, along with water and energy efficient appliances, and with more and more people choosing electric vehicles and a more sustainable way of life, the building is future proofed for this important transition.

<img alt="Render inside one of The Langlee residences" data-entity-type="file" data-entity-uuid="2ce5b246-8f36-4775-b992-747f3aee77f0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/MIR2300_Waverley_S060_INT_KitchenLight_Final2000%20%281%29.jpg?VersionId=MFa2w0vnJi2ZJi0HOgJSH0PzCp83L68g" />Render inside one of The Langlee residences

“Not only are purchasers focusing on lifestyle features, but they are increasingly making decisions based on environmental factors to ensure we leave the planet a better place than we received it. At The Langlee, and across our business, we are committed to continually doing our part,” said Penklis.&nbsp;

Easts Group CEO Joe Kelly said that meeting the wider needs of the community, particularly in the Eastern Suburbs where the population aged 55-79 has grown by 8.3 percent (or &gt;4,250 people) since the last Census in 2016, was a fitting repurpose for the former Club.

“The Langlee and our new hospitality venue known as Waverley Greens, presents a unique opportunity to create an exceptional new community precinct,” said Kelly.&nbsp;

“Through our partnership with Mirvac, the Club is looking forward to providing the Eastern Suburbs with a first-class sporting, social and community asset, that along with the residential offering, will set a new benchmark in leisure, comfort and amenity in a landmark location close to Sydney’s most renowned beaches. There is no one better placed to deliver on that than Mirvac, a reputable company known for quality, and with 50 years of proven delivery success.”

The Langlee is consistent with Mirvac’s strategy to extend their pipeline with projects that Penklis says delivers the right product in the right location, at the right price, and with the right partners.&nbsp;

“Mirvac’s fully integrated model means we are designing and constructing the development which enables the confidence in dealing with one party. We are also highly selective in the partners we choose to work with. As a result, we are one of the few development companies in Australia with the capacity to see new projects get off the ground and completed in a timely manner, knowing that our reputation for quality will stand up well in any market,” Penklis concluded.

<img alt="Render of the bowling greens that will front The Langlee" data-entity-type="file" data-entity-uuid="3e3a0663-cd03-4d9f-bde2-4c9cc83766e0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/MIR2300_Waverley_S180_EXT_GroundLevel_Final%202000%20%281%29.jpg?VersionId=XHhIamRMXKfHCaR5V4MQPB9OGyKcEY0b" />Render of the bowling greens that will front The Langlee

Designed by Altis Architecture, in conjunction with Mirvac’s design team, the rare one-hectare site will feature 55 premium residences, in addition to a suite of lifestyle-focussed amenities, including a 20-metre indoor lap pool, treatment and steam rooms, a mezzanine level gym and space for pilates, yoga and stretching classes. 



Mirvac meets growing baby boomer downsizer demand in Sydney’s East 

Sydney’s popular eastern suburbs beachside spot Maroubra is set to welcome a rare new apartment development on its beachfront strip.&nbsp; 
&nbsp;

Leading personal injury lawyer Gerard Malouf and his wife Dana has lodged plans for a boutique development at 116-118 Marine Parade.

MHNDU has designed the four-level building which will home just 10 apartments.

The residences will sit atop a stone clad basement level, which has been designed to appear as a landscaped podium.&nbsp;

The project will deliver a mix of apartment types; two one-bedroom, two two-bedroom, and six three-bedroom apartments, with three apartments to be dedicated to affordable housing.&nbsp;

The site is located in an area that is currently underdeveloped, but is zoned for higher density residential buildings in the future, with the desired future character of Marine Parade evident in the more recently constructed buildings further to the south of the site.&nbsp;

The combination of contemporary materials, colour palette and landscaping will provide a well-designed and high quality finish to the public domain and surrounding development, setting a precedent for contemporary development in the area.

The ground floor level will comprise two three-bedroom residences, each containing an open plan living, dining and kitchen area, a powder room, a laundry, three ensuites, a walk-in-robe and outdoor private open space wrapping around the apartment.

The first floor will include two one-bedroom units, again with an open-plan design, a bathroom, a laundry and private open space. The floor also has two two-bedroom apartments, each with a bathroom, a laundry, an ensuite and a walk-in-robe.

On the second floor, two three-bedroom ensuited apartments will be included, each with a powder room, a laundry and a walk-in-robe, with the third floor set to home the additional two three-bedroom apartments, each with ensuites, powder room, a laundry and a walk-in-robe.&nbsp;

All of the apartments will adjoin to private open spaces, in the form of balconies or courtyards, and while no communal open space has been proposed, the site benefits from its location near to Maroubra Beach, and a reserve directly across the road, which provides additional public recreation space.&nbsp;

The development will also include a total of 483 sqm of landscaped greenery at the front, rear and sides of the site, with the designs handled by Wyer &amp; Co. Landscape Design.&nbsp;

Maroubra set for rare new luxury apartment development

With over 15 years development experience across Sydney&#39;s eastern suburbs, RnB Property Group have taken to the sought after Bellevue Hill for their latest project.

Drawing inspiration from the original building&nbsp;which laid claim to the 49 Drumalbyn site before the recent development, Palomar will deliver just&nbsp;eight&nbsp;residences to the&nbsp;prestigious&nbsp;enclave.

RnB say Palomar evokes a timeless romance, with the development curated with&nbsp;Mediterranean-style architecture.

[smartcode_project:default project_id=14891 project_image_fid=203718]

The built form comprises a white brick-finish fa&ccedil;ade, with arched bronze windows encompassing some of the most impressive north harbour aspects.

The residences will include three-bedrooms, with state-of-the-art finishes and a modern Australian sensibility that brings a unique quality of design and luxury to the enviable pocket.

Bathed in northern light, Palomar also incorporates expansive gardens and terraces, featuring floral terrazzo tiles, stone-clad exteriors and lush oasis-inspired landscaping.

[smartcode_project:default project_id=14891 project_image_fid=203721]

Stepping inside Palomar, the interiors are coloured with an earthy palette, complimented with organic textures.

An organic minimalism is featured throughout Palomar&#39;s kitchens, comprising honed limestone bench tops, splashbacks of handmade Spanish tiles, powder-coated white and bronze lattice cabinetry, as well as fully integrated Gaggenau appliances.&nbsp;

Construction is set to wrap up later this year on the boutique&nbsp;project, with 1st City Agent, Yaron Foghel saying the respect the developers and architects have paid to the existing heritage of the building is something that truely sets Palomar apart.

[smartcode_project:default project_id=14891 project_image_fid=203719]

&quot;The design of Palomar, with the&nbsp;white bricks and organic materials really&nbsp;respects&nbsp;the original building design,&quot; he said.

&quot;While they&#39;ve created a brand new building, they&#39;ve kept the same name and overall look of the original building.&quot;

Foghel said they had a number of local downsizers taking up stock at the Bellevue Hill project, along with international buyers from Hong Kong and Singapore.

&quot;We&#39;ve seen high interest particularly from expats, as well as local downsizers&nbsp;who are&nbsp;looking to stay maintain the exclusive&nbsp;eastern suburbs address, while enjoying the luxuries of apartment-style living.&quot;

[smartcode_project_cta: project_id=14891]

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