The final apartments in the most recently completed new development in Balwyn present some of the largest and most exclusive ever delivered in one of Melbourne’s most established and character-rich neighbourhoods.

Boutique developer&nbsp;<a href="https://www.apartments.com.au/developers/wulff-projects">Wulff Projects</a>,&nbsp;alongside partner <a href="https://www.apartments.com.au/developers/pga-group">PGA Group</a>, has just finished <a href="https://www.apartments.com.au/buildings/threadneedle-balwyn-1-5-threadneedle-street-balwyn-vic-3103">Threadneedle</a>, 17 home-sized residences designed completely for the owner-occupier.

Named after its location on Threadneedle Street, the new project has been shaped by the heritage fabric of Balwyn. It offers two low-rise buildings of eight and nine apartments respectively, designed to emulate traditional standalone homes.&nbsp;

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John Scaramuzzino, Director at <a href="https://www.apartments.com.au/architects/bruce-henderson-architects">Bruce Henderson Architects</a>, explains the design intention.

“Given the quiet residential character of the street with many homes dating back to the 1930s and 1940s, we approached Threadneedle wanting to appear less as a collection of apartments and more as a traditional residence. This led to creating not one but two buildings that could “breathe” with larger garden-based apartments functioning more like small homes.”

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The north-facing residences are nestled among extensive landscaped gardens by Ben Scott Garden Design, with over one-third of the site dedicated to greenery. The resulting setting is one of calm seclusion, where architecture and landscape work in tandem to offer immediate liveability.

With construction now complete, the final apartments include a top-floor, single-level penthouse residence priced from $2.8 million. This home offers three bedrooms, a dedicated study, two bathrooms plus powder room, and three car spaces with an oversized storage room.&nbsp;

Interiors prioritise spatial comfort and natural light, with three-metre-high ceilings, oversized internal doors and a full-width terrace oriented to the north, east and west.&nbsp;

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Floor-to-ceiling double-glazed windows ensure thermal performance across seasons, supported by automated external blinds, zoned heating and cooling, and a fireplace for added ambiance.

Each apartment has been individually designed to maximise privacy and garden outlooks. Kitchens combine refined finishes with practical considerations: stone benchtops, butler’s pantry, full-height joinery and concealed rangehoods.&nbsp;

The inclusion of dedicated home offices responds to contemporary living patterns, while bathrooms feature sculptural bathtubs and brushed nickel fixtures.&nbsp;

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Threadneedle also integrates best-practice sustainability measures, achieving a 7 Star average NatHERS rating. Initiatives include solar PV systems, rainwater harvesting for toilet flushing and irrigation, and high-performing building insulation. These elements enhance daily comfort while reducing ongoing maintenance and energy demand.

"We believe Threadneedle sets a new standard of design excellence and building quality for Balwyn,"&nbsp;Scaramuzzino added.

"It’s an architectural response we’re particularly proud of, and one we’re sure residents will be equally proud to call home."

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Staff Writer

Final homes remaining as Threadneedle, Balwyn completes construction

Joel Robinson

Sydney's top 15 new apartments developments set to launch in 2026

Developer-builder <a href="https://www.apartments.com.au/developers/dasco-australia">DASCO</a> has pushed beyond the now-standard inclusions of rooftop pools and landscaped podiums at its recently launched new Epping project, Senso.

It has laid out over 4,000 sqm of resident-only amenity in a move designed to compete directly with low-density housing on livability, not just density. The result is a development that supports genuine daily use through purposeful spaces distributed across its five-building, 479-apartment precinct.

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Two rooftop pools form the anchor of Senso. One is a 27-metre lap pool adjoining a heated spa, designed for everyday fitness rather than just summer leisure. The second sits on a lower podium, allowing different buildings to share in vertical access and reducing crowding during peak times.

It is the secondary spaces that start to distinguish Senso from other large-scale suburban projects. A rooftop cinema is integrated into a landscaped terrace, offering open-air screenings with natural ventilation and passive cooling.&nbsp;

The inclusion of a “sensory walk”, an elevated boardwalk that threads through the site, suggests a rare investment in non-commercial, non-essential amenity: space for quiet movement that doesn’t double as access or traffic circulation.

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The gym and wellness centre, often relegated to a small ground-floor room in many builds, takes on more substance here. Residents have access to a fully equipped gym, as well as outdoor yoga areas and meditative zones that integrate greenery and natural light.&nbsp;

The Club Lounge is similarly designed to support multiple use cases, with a private dining terrace, kitchenette, workspace, and lockable wine storage. These aren’t superficial additions; their scale and spatial allocation indicate serious intent for frequent resident use.

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Importantly, Senso’s amenities are embedded within a site that spans more than 10,000 sqm, allowing for better separation between spaces and reduced noise spillover, a critical but often overlooked factor in high-density developments. This spatial generosity also enables multiple alfresco kitchens and communal terraces without compromising individual privacy or usable space.

While many developments make claims about lifestyle, few back it with this level of built infrastructure. Senso’s mix of dedicated fitness, wellness, social and passive green spaces suggests a conscious response to the post-pandemic shift in housing expectations, especially among owner-occupiers.&nbsp;

DASCO is one of several leading developers who have taken out Resilience Insurance's Latent Defects Insurance policy, providing buyers with a 10-year structural and waterproofing warranty, and giving them the ultimate peace of mind.

Senso is scheduled for completion in late 2028.

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The outdoor amenities elevating life at Senso, Epping

Following the proposal by the Minns Labor Government to rezone Parramatta Road to create up to 8,000 new homes, prominent developer Ceerose has gone to the NSW Gov to increase the density of its new mixed-use residential building in Leichhardt.

<a href="https://www.apartments.com.au/builders/ceerose">Ceerose</a>, founded by Edward Doueihi nearly three decades ago, has filed plans for 154 apartments above ground-floor retail at 307-315 Parramatta Road, a key corner site near Norton Street, the main high street strip in Leichhardt.

It's an upsize from the previously approved scheme of 63 apartments across a seven-storey building.

<img alt="Ceerose" data-entity-type="file" data-entity-uuid="ba1ae75b-5f08-43fb-b8d5-3de6d9f6ef71" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-12-04%20at%2010.31.39%E2%80%AFAM.png?VersionId=yA3hBBLPH4ev7MsAE0_hieXeqiFqBUb7" />

The project is being advanced through the State Significant Development (SSD) pathway, with concurrent rezoning sought to facilitate the proposal. The 10-storey development would rise over a four-level basement and deliver two retail tenancies, one a larger-format offering and the other a smaller “hole in the wall” space, addressing the Parramatta Road frontage. 21 of the apartments are dedicated as affordable housing.

According to the Urban Design Report by Architecture AND, the scheme includes a podium and tower configuration, with a fine-grain, two-storey parapet street wall that references the traditional shopfront rhythm along the corridor. “An elegant tower form is proposed, combined with a characterful two storey frontage... articulating it as two related buildings, providing consistency with the rhythm and grain of Parramatta Road,” the report notes.

The residential component is split across two slender towers set back from the street edge, a design move aimed at preserving solar access and reducing perceived bulk. This massing strategy also seeks to improve residential amenity by focusing scale toward the quieter northern interface, away from Parramatta Road’s noise and pollution.

<img alt="Ceerose" data-entity-type="file" data-entity-uuid="347f2f8f-5d36-4388-b40a-2e77380b9c19" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-12-04%20at%2010.31.02%E2%80%AFAM.png?VersionId=xvyUE2ujT1lzivXTo.mHBJFF4SmfgLtz" />

Architecture AND has worked with Ceerose on previous Inner West projects, and cites a deep familiarity with the local character. Their design draws heavily on context, heritage, and sunlight access considerations, and engages with the Inner West Council’s “Our Fairer Future” strategic planning framework.

The site spans 2,712 sqm and is located near key intersections with Catherine Street, Hay Street, and Redmond Street. It adjoins a public carpark to the north and is within walking distance of Stanmore and Petersham stations. It is also flagged in state and local planning strategies, including the Parramatta Road Corridor Urban Transformation Strategy, as a suitable candidate for increased density.

Ceerose recently completed The Alex Collective on McEvoy Street in Alexandria, Abbie's Lane in Annandale, and the award-winning Munro House in Elizabeth Bay.

The Parramatta Road corridor is coming to life with the proposed rezoning which is serviced by a significant number of bus, light rail and train routes.

Deicorp is progressing with its $1.8 billion <a href="https://www.apartments.com.au/new-apartments/kings-bay-village-five-dock-53-75-queens-road-five-dock-nsw-2046">Kings Bay Village</a> precinct on Parramatta Road in Five Dock, as is <a href="https://www.apartments.com.au/news/nsw/toga-to-push-on-with-five-dock-mixed-use-masterplan">TOGA further down the street</a>. Those two projects alone will bring nearly 2,000 new homes to Parramatta Road.

First look: Ceerose plots mixed-use Leichhardt development on Parramatta Road

North Sydney's landmark 'SBS Building' on Alfred Street is set to be demolished to make way for a new mixed-use residential tower in the booming North Sydney.

Commercial property group FiveX is behind the plans for a <a href="https://www.apartments.com.au/new-apartments/275-alfred-street-north-north-sydney-nsw-2060">39-storey tower</a>, the latest project to advance under the NSW Government’s Housing Delivery Authority pathway.

They are proposing 184 apartments above retail spaces, which will replace the existing 20-storey commercial building. FiveX was set up more than five decades ago by Joshua and Marko Berger. It is currently led by Joshua's son Lesli.&nbsp;

<img alt="First look: Fivex plans 39-storey residential tower at 275 Alfred Street, North Sydney" data-entity-type="file" data-entity-uuid="2efa0980-53fa-4cca-9f9e-9c3c845d4746" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Article%20Feature%20Image%20%28Grid%29%20%281%29_0.png?VersionId=y_YyPMq3NQLfYRs84pP4os9UgWiMLp75" />

According to the Architectural Design Report by <a href="https://www.apartments.com.au/architects/fjc-studio">FJC Studio</a>, the slender tower form has been deliberately designed to respect the site's transitional setting at the southern gateway to the North Sydney CBD, where high-rise towers give way to lower-scale residential precincts.

"The slender tower form and articulated podium establish a respectful relationship with nearby heritage and low rise buildings, including the Whaling Road Heritage Conservation Area,” the architecture firm noted, adding that the tower “completes a missing link in the urban fabric” while enhancing the Alfred Street streetscape.

The proposed building will include a mix of one-, two- and three-bedroom apartments, with 15 percent of the gross residential floor area allocated as affordable housing. There is an agreement already in place that those apartments will be managed by Evolve Housing.

The project aligns with broader state housing objectives, including the National Housing Accord target of delivering 1.2 million new homes by 2029. The Scoping Report filed with the State Significant Development Application (SSDA) suggests the site "presents no impediments to rapid delivery,” with construction able to commence within 12 months of receiving consent.

North Sydney has been one of the most popular suburbs in Sydney for new and off the plan apartment development, but hasn't had the supply to keep up with demand, until recently.

AURA by Aqualand was, for a long time, the only off the plan apartment building on the market. That completed last year, and has sold the majority of its 386 luxury apartments. Recently ALAND launched <a href="https://www.apartments.com.au/new-apartments/the-walden-173-179-walker-street-north-sydney-nsw-2060">The Walden</a> on the same street, selling over $100 million within just a few hours of its launch, while developer CASA also launched&nbsp;<a href="https://www.apartments.com.au/new-apartments/the-mclaren-north-sydney-45-mclaren-street-north-sydney-nsw-2060">The McLaren</a>&nbsp;in the same precinct.

First look: Fivex plans 39-storey residential tower in booming North Sydney

Everton Park

The amenity offering in residential developments is always a hot topic, with many developers of late forming their own exclusive clubs within their projects.&nbsp;

The likes of resort-inspired pools, sun lounges, gyms and even teppanyaki grills are becoming standard, as more developers look to elevate homebuyers lifestyles’.&nbsp;

At Mirvac’s Ashford Residences at Everton Park in Brisbane’s inner-north, more than $2.5 million has been invested in the Ashford Club, offering a suite of residential facilities overlooking a one-hectare eco area to the Kedron Brook parkland.

Featuring a pool with a splash area for children, lounge chairs, a teppanyaki grill, fire pit, barbecue facilities, a turfed area for entertaining and a gym, the club is appealing to purchasers across the board, from first home buyers, to professionals, families and downsizers.

The ASX-listed group have notched up more than $80 million in sales since launching the Ashford Residences, with the final four homesites now officially launched to the market. &nbsp;

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Mirvac General Manager Residential Queensland, Warwick Bible, said buyers were embracing the Ashford Club, designed to raise the bar for luxury living in Brisbane’s inner-north.

“We’ve seen lifestyle becoming an increasing emphasis for homebuyers for some time, and this has been accelerated even further post Covid-19,” he said.

“People are looking for a home that delivers more. Many are moving from apartments where they have had access to resort amenities, and they want the same level of lifestyle in a new community.

“These facilities also create a space for residents to form a real sense of community and connection, to host family and friends and enjoy facilities like the pool, gym and teppanyaki bar without owning and maintaining them – all factors that add to their appeal.”

Registered and ready to build on, the final lots range from 405 sqm and are priced from $730,000, offering a rare opportunity to build new, just seven kilometres from the Brisbane CBD.

Jaime Andueza, who purchased a 420 sqm lot at Ashford Residences, said the extensive residents’ facilities were a significant point of difference and key factor in his decision to move to the inner-north, after living southside for two decades.

The Chief Digital Officer and his partner, Aaron, are putting the finishing touches on their new five-bedroom, three living and five-bathroom home, which they anticipate moving into by Christmas.

“The Ashford Club has an elegant design, which is a differentiator from any other development we viewed,” said Andueza.

“There’s an incredibly beautiful view to the Kedron Brook, so you can go to the pool area and absorb the nature around you. It is luxurious and privileged, considering it is so close to the city.”

Andueza said his first impression of Ashford Residences was ‘sensational’.

“I had been looking at what was available in the market and had always wanted to build. When I saw the location of the blocks of land at Ashford Residences, I immediately realised it was a great opportunity,” he said.

“Having compared it to existing homes elsewhere, I felt the value and lifestyle offered was 
significantly greater. We’re looking forward to the neighbourly atmosphere and being part of the Ashford community.”

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Ashford Residences have been a hit among buyers, with the most recent terrace home release selling-out to a waiting list prior to its official launch.&nbsp;

“We held the final four lots for release when they were ready to build on and buyers could see how the community had taken shape, and anticipate they will be in high demand,” Bible said.

“The opportunity to build new in this area is extremely rare and the location alongside Kedron Brook only adds to the desirability, as does the exclusive residents’ facilities in the Ashford Club.

“The proximity to Brisbane CBD and the village charm of Everton Park, home to an expanding mix of restaurants, cafes, bars and shops, is also seeing buyers zero in on the area.”

Ashford Residences will comprise a total of 124 residences upon completion in late 2023, with 80 terrace homes and 43 freestanding homes.&nbsp;

The final property, a heritage Queenslander known as Murphy’s Dairy Residence, is anticipated to launch to market early next year. Refurbishment works are underway on the historic home, which is situated on a rare 900 sqm lot that has been meticulously landscaped.

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alisonwarters@gmail.com

Mirvac deliver resident’s club to entice new homebuyers to Ashford Residences 

The final release of town and terrace homes within Rogerscorp’s Fable development in Everton Park has been fast-tracked to meet demand after the success of Stage One.

Launched in April this year, Fable by Rogerscorp, has already attracted strong demand from a diverse range of buyers including upgraders, retirees and a new post-Covid buyer type, ‘family rightsizers’ seeking convenience, lifestyle and easy access to amenity within connected suburbs.

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Ten of the residences have already been sold to a waitlist of buyers prior to public launch.

Fable’s second and final stage comprises 26 town and terrace homes with four floorplan designs ranging from 186 sqm to 216 sqm – virtually a small lot home.&nbsp;

Many feature a double garage, study nook, butler's pantry, as well as spacious master-bedrooms with double vanity ensuites.&nbsp;

Each of the kitchens boast floor to ceiling timber cabinetry, a breakfast bar, butlers or walk-in pantries, Smeg appliances including induction cooktop and semi-integrated dishwasher and generously-appointed storage options.

Created by an all-local team of Queensland-based designers and property experts - Rogerscorp, Z Architects, Devcon Property Group and Position Property - the vision for Fable&nbsp;captures the modern southeast Queenslanders’ home in a connected urban community with a green heart.

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Rogerscorp Director Simon Rogers said Fable’s desirable location and homely communal design had been a major drawcard for a variety of buyer types.

“Fable has been designed as a community for modern families of all ages and sizes to connect, relax and unwind in the heart of Everton Park, which is exactly the lifestyle people are seeking post-Covid,” said Rogers.

“The amenities at Fable mimic those within the humble Queensland-style backyard, such as the barbecue and pizza oven, resort style pool with loungers, herb garden, open lawn space and fire pit, allowing residents to come together and enjoy life’s simple pleasures.”

Rogerscorp has appointed residential home builder, Devcon Building Co to commence construction of Fable in January 2023 following the success of its partnership on Nest, a townhome project in Bracken Ridge.

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Position Property's Richard Lawrence said the early sales success experienced at Fable reflects the desirability of the project’s urban neighbourhood concept.

“Fable is already attracting a wide variety of buyer types seeking a home with access to amenities right on their doorstep, which is exactly what the project was designed for,” said Lawrence.

“The strong interest we have received in Stage One has resulted in a waitlist for the final stage, so we anticipate these fast-tracked residences will sell quickly.”

Fable offers a total of 57, three-bedroom town and terrace homes with a choice of warm or light interiors and premium features throughout, including&nbsp;freestanding baths and waterfall showers, seamless indoor-outdoor living areas, flowing Coastal oak flooring and generous floor plan designs.

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At the central heart of the community is Fable’s resort-style pool, pocket park, outdoor kitchen and dining and yoga lawn.

Rogerscorp is a family-owned property development and investment company, with a diversified portfolio of commercial, healthcare, retail, childcare and residential projects.

The group has a growing portfolio valued at over $280 million, with new sites being acquired swiftly the company is set to nearly double their portfolio just this year.

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Fable’s second and final stage comprises 26 town and terrace homes with four floorplan designs ranging from 186 sqm to 216 sqm – virtually a small lot home. 

Rogerscorp launch final stage of Everton Park townhouse development Fable to meet demand

From its humble postwar-era<text data-test="textbox" direction="ltr" height="10.9449462890625" lengthadjust="spacingAndGlyphs" textlength="158.144844055176" x="65.8568954467773" y="-721.671630859375"> beginnings, Everton Park is in a</text><text data-test="textbox" direction="ltr" height="11.032958984375" lengthadjust="spacingAndGlyphs" textlength="186.844940185547" x="65.5488891601562" y="-706.671630859375"> state of renewal, with contemporary</text><text data-test="textbox" direction="ltr" height="10.9450073242188" lengthadjust="spacingAndGlyphs" textlength="138.125946044922" x="65.5488891601562" y="-691.671569824219"> architecture, urban art and</text><text data-test="textbox" direction="ltr" height="10.9449462890625" lengthadjust="spacingAndGlyphs" textlength="195.192848205566" x="66.0328903198242" y="-676.671630859375"> unprecedented connectivity to greater</text><text data-test="textbox" direction="ltr" height="11.032958984375" lengthadjust="spacingAndGlyphs" textlength="177.339836120605" x="65.7468948364258" y="-661.671630859375"> Brisbane.</text>

The newest residential opportunity in the area will be Fable by Rogerscorp, a collection of 57 town and terrace homes set privately among&nbsp;generously<text data-test="textbox" direction="ltr" height="11.032958984375" lengthadjust="spacingAndGlyphs" textlength="194.522933959961" x="66.0768890380859" y="-601.671630859375"> landscaped gardens, while also offering an abundance of</text><text data-test="textbox" direction="ltr" height="11.0330200195312" lengthadjust="spacingAndGlyphs" textlength="193.993850708008" x="66.0768890380859" y="-586.671569824219">&nbsp;convenience from its Woolworths Street location.</text>

<text data-test="textbox" direction="ltr" height="11.0330200195312" lengthadjust="spacingAndGlyphs" textlength="193.993850708008" x="66.0768890380859" y="-586.671569824219"></text>

Located just 8-kilometres from the CBD and only 15-minutes to the Brisbane Airport, Fable is placed to take advantage of both the immediate neighbourhood as well as the wider Brisbane City.

Previously&nbsp;the idea for the site was for high density apartments across four buildings, but&nbsp;Rogerscorp Director Simon Rogers said the new plans meet the evolving needs of the surrounding neighbourhood and ensures families have modern living options within the community that suit their lifestyle.

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&ldquo;Everton Park is one of the suburbs in north-west Brisbane that has changed rapidly in recent years thanks to a variety of new amenity and &lsquo;city lifestyle&rsquo; offerings,&quot; Rogers said.

&ldquo;We wanted to challenge the ideals of residential living and introduce elements of resort style living.

&quot;We realised this offered more opportunity for the residents to do what they love and enjoy most.&quot;

From the surroundings, the development was designed almost as&nbsp;an enclosed city,<text data-test="textbox" direction="ltr" height="11.032958984375" lengthadjust="spacingAndGlyphs" textlength="317.213584899902" x="65.5268936157227" y="-652.341064453125"> to ensure resident privacy from the adjoining commercial precinct.</text>

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Designed by Z Architects, the material palette allows for these dwellings to be seen as a unified object from afar, yet upon closer inspection, the individualism of each dwelling stands out.

Similar to the site being surrounded by amenity, the masterplan surrounds a central park, the focal point of private amenity and congregation for the residents and its visitors. Residents will enjoy ultra-exclusivity with an array of resort-style facilities&nbsp;including recreation and relaxation amenities like a pool, sun lounges, herb and veggie garden, barbecue pavilion, pizza oven, and fire pits.

Precinct planning in the design was key to afford each concourse an identity dissimilar to that of another. This is done through a variance of unparalleled built forms, a strategy not often associated with townhouse developments. In doing so it creates an identity and a sense of belonging to each dwelling that is unique to its setting within the development.

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The town and terrace homes include designer appliances and high-quality finishes throughout.

On the ground floor of each townhouse is a minimum of two cars, laundry and a terrace<text data-test="textbox" direction="ltr" height="11.0330200195312" lengthadjust="spacingAndGlyphs" textlength="496.722793579102" x="66.0768890380859" y="-382.340972900391"> leading to the backyard. Additional multi-purpose terraces are designed into some of the dwellings,</text><text data-test="textbox" direction="ltr" height="10.9450073242188" lengthadjust="spacingAndGlyphs" textlength="485.436645507812" x="65.5488891601562" y="-367.340972900391"> allowing the occupants to engage with the backyard.</text>

The living levels all lead out to an elevated balcony space, a place that allows<text data-test="textbox" direction="ltr" height="11.0330200195312" lengthadjust="spacingAndGlyphs" textlength="495.512878417969" x="65.5488891601562" y="-292.340972900391"> occupants to have a passive surveillance of the streetscape and the internal parkland. This allows</text><text data-test="textbox" direction="ltr" height="11.0330200195312" lengthadjust="spacingAndGlyphs" textlength="488.460594177246" x="65.3288955688477" y="-277.340972900391"> the buildings to breathe by occupying the subtropical environment, out of the direct sunlight and</text><text data-test="textbox" direction="ltr" height="11.0330200195312" lengthadjust="spacingAndGlyphs" textlength="485.041870117188" x="65.5488891601562" y="-262.340972900391"> open to ventilate. </text>

<text data-test="textbox" direction="ltr" height="11.0330200195312" lengthadjust="spacingAndGlyphs" textlength="485.041870117188" x="65.5488891601562" y="-262.340972900391">Beyond this is the bedroom floor, perched up high above the ground plane, this</text><text data-test="textbox" direction="ltr" height="11.0329895019531" lengthadjust="spacingAndGlyphs" textlength="230.403846740723" x="65.8568954467773" y="-247.341003417969"> space becomes a place of retreat for occupants</text>.

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&quot;As the modern way of living changes, the way we think about and design homes must also adapt. To us, this meant creating spaces that were inviting and nurturing, where self-care and wellbeing simply became part of everyday life.&rdquo;

&ldquo;Fable was curated to be a collection of ultra-modern, sustainable and bespoke masterpieces,&quot; Rogers added.

&quot;Through well considered architecture it seamlessly fuses with the surrounding urban and natural area, this is why Fable is set to redefine urban living.&rdquo;

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Rogerscorp Director Simon Rogers said the new plans meet the evolving needs of the surrounding neighbourhood and ensures families have modern living options within the community that suit their lifestyle.



Rogerscorp set to launch Fable, Everton Park townhouse development

The national developer Mirvac has seen buyers snap up the first release of Ashford Residences, its Everton Park project just north of the CBD.

All of the 24 terraces have been snapped up which has seen Mirvac bring forward construction to this month.

The cheap entry point, starting at $630,000, has seen first home buyers dominate the purchasers. There we 10 first home buyers, accounting for over 40 per cent of the buyer demographic. They&#39;ve taken advantage of the $15,000 HomeBuilder grant and the $15,000 first home buyer grant.

There were five downsizer purchases and five investors who are getting back in to the market, and four buyers upgrading.

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Mirvac have appointed Brighton Homes to deliver the 80 Ashford Residences townhouses, with further stages to also be fast-tracked and released to the market in the coming weeks. There has already been expressions of interest in the next lot of 33 terraces, some of which have up to 217 sqm of space.

There will also be 43 freestanding homes in the wider development.

Each purchaser has the opportunity to customise their terrace, with the ability to choose from five main colour schemes and a number of different fittings. 
 
Warwick Bible,&nbsp;Mirvac&#39;s&nbsp;general manager of residential development&nbsp;said he was pleased to have Brighton Homes on board to ensure the quality of construction was on par with the community&rsquo;s stellar location alongside Kedron Brook and five star resident facilities.

&ldquo;This is the first built product at Ashford Residences and we are confident Brighton Homes will bring these beautifully crafted terraces to life exactly as we have imagined,&rdquo; he said.

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&ldquo;As with all Mirvac communities, we have designed the terrace homes to embrace the look and feel of their surroundings, so in this case it&rsquo;s all about capturing light, breezes and appreciating the natural, leafy surrounds of the adjacent Kedron Brook.

&ldquo;We&rsquo;ve extended the greenery in to our community with each home boasting a landscaped private courtyard, along with access to the Ashford Club, which features a communal turfed area for residents to relax and entertain guests, complemented by resort-style amenities including a pool, barbeque, teppanyaki grill, fire pit and gymnasium.

&ldquo;Lifestyle has been a major drawcard for purchasers, who have been predominantly local owner-occupiers including families, downsizers and first time buyers &ndash; who will enjoy the convenience of having multiple schools nearby along with the revitalised Everton Park Plaza with a range of new restaurants and cafes.

&ldquo;With construction starting on the first stage, we&rsquo;re expecting the strong demand to continue from buyers looking for a brand new home they can move in to soon, with completion on the first stage expected by late 2021/early 2022.&nbsp;

[smartcode_project_cta: project_id=28504]

<h2>Other developments by Mirvac</h2>

[smartcode_project:default project_id=90553]

Mirvac has released the latest apartments in its $1 billion Quay Waterfront Newstead community.&nbsp;

Following development approval in mid 2020 the latest tower, Sky Precinct, will be located alongside the Brisbane River and will join previously completed stages including Pier, Park and Unison.

The 25 storey tower will home 143 one, two, three and four-bedroom apartments that have been designed by Mirvac&rsquo;s team to cater specifically to owner-occupiers.

&nbsp;

Mirvac has just secured a sell-out of stage one of the project, which will be fast-tracked to meet demand

Why first home buyers have dominated sales in Mirvac's Everton Park townhouse development Ashford Residences

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There’s good news for former ­Cronulla Sharks star Ben Barba.
He’s finally managed to offload his former Brisbane home after just under a year on the market. He got $800,000 for it, having sought offers over $849,000 when first listed.
The price for the four-bedroom Everton Park home was revised down to offers over $799,000 before its sale.
Barba paid $769,000 in 2013, after his move to the Broncos. He only spent one season at Red Hill before moving to the Sharks.
It was a better result for Barba than he had on his Shire home.
Barba, now a labourer in North Queensland after being deregistered from the NRL for a string of high-profile incidents, sold his former ­Caringbah South home for $1,085,000 last year, nearly $100,000 less than he paid five years earlier.
This article was first published in the Sunday Telegraph.
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Former Shark Ben Barba sells Queensland investment

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The Monarc Health &amp; Childcare Hub, in Everton Park, has commenced construction and is expected to be open by mid-2020.
Located at 55 Woolworths Street, Everton Park, the Health &amp; Childcare Hub is the first stage of a 1.1 hectare mixed use urban precinct called Monarc that received Brisbane City Council approval in June.
Local Brisbane developer Rogerscorp is developing the holding, which will ultimately include the Health &amp; Childcare Hub, accompanied by four residential apartment towers.
Three tenants have already pre-committed to the development, making it 90% occupied.
The Monarc Health &amp; Childcare Hub totals approximately 2,763 square metres over 3 levels, and features 72 carparking bays with all levels connected by elevators.
The Everton Park Medical Centre was secured on a 10-year lease with two 5-year options by Harry Dever and Chris O’Driscoll from Colliers International who are exclusively marketing the first stage of the development. They will be occupying 600 square metres within the Hub and will be co-located alongside two other pre-committed tenants. 
One of them is Harmony Early Learning Journey which is founded and operated by Chris and Gabrielle Giufre. They will open a 112 place childcare centre after signing a 20-year lease term with two 5-year options through Mitchell Willet from Cushman &amp; Wakefield.
The third tenant will be a Chemist occupying 200 square metres which Rogerscorp has secured on a 10-year lease term with two 5-year options. 
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Everton Park health and childcare hub set for 2020 opening

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EG, one of Australia’s leading commercial real estate fund managers, draws the Core Plus Fund (CPF1) to a close with the successful sale of North West Plaza, Everton Park QLD.
EG’s CPF1 was initiated in 2014 with a total gross acquisition asset value of $231 million across 7 assets over a 3-year acquisition horizon. 
The Fund consisted of Sydney, Melbourne and Brisbane office, industrial and retail real estate assets which had the potential for uplift via strategic capital works and active asset management initiatives.
“We are incredibly happy with the performance of CPF1. The Fund has vindicated the investment strategy of identifying and acquiring assets which disproportionally benefit from repositioning while also ensuring strong underlying cash-flows on limited downside risk” Divisional Director, Daniel Farley said.
Assets within this portfolio also included office properties 92 Pitt Street Sydney, 277 William Street Melbourne and 223 Liverpool St, Darlinghurst.
 The Fund will deliver net returns to investors of well over 20% EIRR.
The final disposal for the Fund was Brisbane neighbourhood shopping centre, North West Plaza, (pictured above) which has transacted at $42.5 million in June 2019. 
The successor fund, EG’s Australian Core Enhanced Fund (EG ACE) has completed its first close of $500 million and is open for further investment for the next 12 months.
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EG successfully close Core Plus Fund No.1 after Everton Park sale

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Former rugby league star Ben Barba is selling his Brisbane investment property.
Barba, whose fall from grace has seen him swap a $500,000-a-year league career to being a labourer, paid $769,000 in 2013 for <a href="https://www.realestate.com.au/property-house-qld-everton+park-130905414" target="_blank">the Everton Park home</a>.
It was bought after his move to the Broncos.
Barba only spent one season at Red Hill before moving to the Cronulla Sharks when the four-bedroom home became a $750 a week rental.
Innov8 Property Sales ­Albany Creek agent Michael Spillane is seeking offers above $849,000.
The vast 1985-built home sits on 1100 square metres.
Barba retains his $1.18 million Caringbah South home that became a rental after the winger headed to France to play rugby union in 2017.
The former Dally M Medallist currently faces two charges of public nuisance following an alleged domestic violence incident on Australia Day at the Townsville Casino with his partner Ainslie Currie, which led to his sacking by the North Queensland Cowboys.
With his league career in tatters, Barba has been a lab­ourer at a Mackay garage door manufacturing business owned by his cousin Adam Doull.
Meanwhile, Barba plays soccer for the Mackay Rangers in the Mackay Premier League.
This article was first published in the Sunday Telegraph.
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