ASX-listed developer Cedar Woods is progressing its plans for its Southbank arts precinct site.&nbsp;

The developer has filed plans, which are now with the&nbsp;Department of Transport and Planning, for a new 20-level tower at&nbsp;<a href="https://www.apartments.com.au/new-apartments/141-151-sturt-street-southbank-vic-3006">141–151 Sturt Street</a>, a 2,718 sqm block opposite the Habitat Filter sculpture.

The proposal seeks to demolish the two-level&nbsp;commercial building, including a small supermarket and medical tenancies, and create a new building with 180 apartments and a focus on an&nbsp;active public realm and arts integration.

&nbsp;

<img alt="Southbank site" data-entity-type="file" data-entity-uuid="76a72db6-91ef-43ae-827d-a9cfa72893d2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Site.png?VersionId=DZgtB4K6BswVh0QtCs3iLjXaLp0CbcEb" />

&nbsp;

There will be a full mix of apartment configurations, including 28 studio apartments, 16 one-bedroom, 104 two-bedroom, and 32 three-bedroom units.

Retail, creative arts, and residential amenity functions are integrated across the lower levels. A food and drink tenancy is planned to front Dodds Street, while a retail tenancy fronting Sturt Street will be accessed via an elevated walkway. The first floor includes a substantial 734 sqm creative arts space, envisioned to support Melbourne’s growing cultural and digital industries.

Architecture firm <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a> has put together the plans. In their&nbsp;Urban Design Report they highlighted the project’s ambition to embed itself within Southbank’s evolving cultural fabric.

A central feature of the design is a through-block link connecting Sturt and Dodds Streets, landscaped with native plantings and embedded with universal access ramps.

“The ramp has been thoughtfully integrated as the primary access point, ensuring universal accessibility for all users,” the report noted, with the link offering “a direct response to the urban planning scheme of creating more green spaces within our communities”.

<img alt="Southbank podium" data-entity-type="file" data-entity-uuid="4d24b1b2-d69c-4a11-a11d-ec6df432221c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/podium.png?VersionId=geWoJyZDmPSLODZ_.PNJ0LvpOmyyCdpo" />

The building’s podium form responds to the mandatory height limits along Dodds Street and maintains a fine-grain interface to adjoining developments. Above the podium, the tower is articulated with recessed balconies and a focus on views toward the CBD and surrounding arts institutions. A communal rooftop recreation deck and indoor lounge are positioned on level four, adjoining seven apartments and providing over 900 sqm of resident amenity space.

Vehicle access and loading will be provided via Dodds Street, with 155 resident car spaces located across two basement levels and the first three above-ground floors. Bicycle storage is more generous, with 226 spaces distributed across resident, staff and visitor needs.

Rothelowman describes the architecture as “humanist,” with ground-level interfaces designed to encourage social interaction and provide a dignified entry for both residents and passers-by. “All street interfaces are crafted to invite and nurture human connections,” the design report states. “The façade transitions to a human scale, providing an approachable and engaging streetscape”.

Cedar Woods, while well-known for its large communities it develops outside of Australia's capital cities, they have recently developed in Melbourne's inner-ring before. They are approaching completion at <a href="https://www.apartments.com.au/new-townhouses/88-leveson-north-melbourne-88-leveson-street-north-melbourne-vic-3051">88 Leveson</a>, just 15 townhouses in the heart of North Melbourne.

Joel Robinson

Cedar Woods progresses with new apartment plans in Southbank arts precinct

Brisbane developers Core Property Partners and Vector Property Australia has teamed up for Brisbane's newest apartment development.

The duo identified <a href="https://www.apartments.com.au/developments/east-brisbane-qld-4169">East Brisbane</a> as their preferred suburb, on the fringe of the Gabba Precinct, where they've just revealed BANKSII, 72 apartments opposite Raymond Park.

[smartcode_project:default project_id=136432 project_image_fid=5481]

The one-, two-, and three-bedroom apartments will sit in a glass-wrapped building that will also feature a rooftop with an&nbsp;infinity-edge pool, a BBQ area and alfresco dining spaces, sun lounges, and a sauna, as well as a resident-only gym and a ground-floor cafe.

Rhett Williams, Director of Vector Property Australia, said the project will lift the quality of the East Brisbane community and set a new benchmark.

"In Brisbane’s current property landscape, <a href="https://www.apartments.com.au/new-apartments/banksii-east-brisbane-169-wellington-road-east-brisbane-qld-4169">BANKSII</a> stands out through its emphasis on lifestyle-oriented living, connectivity and sophisticated design," Williams says.

[smartcode_project:default project_id=136432 project_image_fid=5479]

The 10-level building has been designed by MAS Architecture. Their designs were inspired by the native Banksia flower, with the architecture and interiors reflecting the organic symmetry of its namesake flora. MAS has interpreted this throughout the building’s curved form, façade detailing and interior palette.&nbsp;

The building’s flowing geometry and natural tones are complemented by large balconies and floor-to-ceiling glazing, maximising cross-breezes, daylight and views over the city, parklands and river.

“Having a strong narrative for a building helps us architecturally,” MAS noted. "We can choose colours that come off that species of flowers. The trunk and the trees and the flower elements all are now visible in our joinery on the inside and in our architectural finishes on the outside."

[smartcode_project:default project_id=136432 project_image_fid=5485]

Apartments will feature timber floors, soft porcelain tiles, brushed bronze fittings, and stone benchtops with warm veining.&nbsp;

Kitchens feature premium SMEG appliances and generous storage, while bathrooms have been designed as calming retreats with curved cabinetry and twin sinks in the master ensuites.

The building will feature a suite of rooftop and wellness amenities. Residents will have access to an infinity-edge pool, BBQ and alfresco dining areas, sun lounges and a rooftop sauna.&nbsp;

A residents-only gym will be located on the podium level, while a ground-floor café and landscaped laneway will further activate the site and improve neighbourhood connectivity.

[smartcode_project:default project_id=136432 project_image_fid=5488]

BANKSII will rise from a prime Wellington Road site, with the building oriented to overlook the adjacent Raymond Park and take in extensive city views. It is also on the doorstep of key&nbsp;lifestyle infrastructure, including the future Kangaroo Point Green Bridge, The Gabba stadium, and the planned Brisbane Live arena.&nbsp;

Public transport options, including ferry, bus and rail - including the future Cross River Rail Woolloongabba station - are all nearby, supporting a car-optional lifestyle just minutes from the CBD.

Williams said the team spent over a year searching for the ideal site before securing this location.

"We were attracted to <a href="https://www.apartments.com.au/developments/east-brisbane-qld-4169">East Brisbane</a> as it is a vibrant and growing community that offers a perfect balance of urban convenience and natural beauty with the parklands and river on our doorstep.”

The project is part of the broader Woolloongabba Games precinct, which is undergoing significant investment in the lead-up to the 2032 Brisbane Olympics. This urban renewal, coupled with infrastructure upgrades, is expected to enhance long-term liveability and capital growth in the area.

Given the wide max of configurations, BANKSII is expected to suit everyone from first home buyers and investors to families and downsizers.

[smartcode_project_cta:default project_id=136432]

BANKSII sales launch in booming East Brisbane apartment market

The Minns Labor Government will deliver Sydney’s first new heavy rail station in more than a decade – enabling up to 10,000 new homes by rezoning land around Woollahra and Edgecliff stations, right next to the CBD, to tackle the housing crisis and rebalance growth across the city.

Recent reports by the NSW Productivity Commission have warned that Sydney is losing twice as many young people as it is gaining, while also finding that Woollahra is the most feasible Local Government Area (LGA) in New South Wales to build new housing.

Despite this, housing approvals in Woollahra consistently lag well behind other LGAs, and the population has declined by 11 per cent over the past 50 years while Greater Sydney as a whole has grown by 74 per cent.

The new station that will be an eight-minute trip from Sydney CBD, will be located on the Eastern Suburbs train line in Woollahra, where a station build was started in the 1970s but never completed.

To enable the delivery of new homes the NSW Government will lead a rezoning of Woollahra and Edgecliff stations similar to other state led rezonings to allow additional homes to be built around the stations.

Affordable housing will also make up a proportion of development on the site with the final amount of affordable housing required, to be determined as part of the rezoning process.

The area surrounding the new station is within walking distance of major green and recreational space including Cooper, Trumper, Rushcutters Bay and Centennial Parks.

The Eastern Suburbs train line between Bondi Junction and Sydney CBD also has the lowest passenger usage rates during the AM peak of any line on the Sydney network, with only 43 per cent of operating capacity during the AM peak currently being utilised by passengers.

Sydney Water and Infrastructure NSW have confirmed there is capacity in the water and wastewater systems to accommodate the proposed 10,000 dwellings without major upgrades.

The rezoning is expected to take around two years and will further support the Government’s housing targets that rebalance the delivery of new homes around existing infrastructure.

&nbsp;

&nbsp;

Next stop Woollahra train station - delivering up to 10,000 new homes in the heart of Sydney

<section data-element_type="section" data-id="b086848">
Fresh off completing its mixed-use Malvern project Malvern Collective, Kokoda Property Group has acquired a prime site on Richmond's Bridge Road.

They are planning a mid-rise residential development with&nbsp;integrated wellness amenities and a vibrant ground-floor retail and dining offering.

The site, at&nbsp;487–495 Bridge Road, spans&nbsp;1,650 sqm with 50 metres of dual frontage across Bridge Road and Palmer Street. It is currently leased to Adairs, and has a large retail building and 20 onsite car parks.
</section>

<section data-element_type="section" data-id="534a164">
Kokoda Property Group’s acquisition forms part of a broader phase of growth in Melbourne, building on momentum from the completion of Malvern Collective and the recent purchase of a Burnley Street site for the developer’s first commercial project.&nbsp;

Mark Stevens, Kokoda Property Group’s Founder and Managing Director, said that the company’s Bridge Road site acquisition signals confidence in a city that is re-accelerating.

“Melbourne is regaining momentum,"&nbsp;Stevens said.

"After a cautious period post-COVID, we’re seeing buyer sentiment stabilise and capital leaning back into well-located, quality projects. Victoria now benefits from deep builder capacity and competitive delivery pricing, creating a rare opportunity to bring design-led inner-city developments to market without compromising on craftsmanship.

“Richmond ticks all the boxes for us – connectivity, culture and everyday amenity – making Bridge Road the perfect address for an amenity-rich, multi-use development."

<img alt="Kokoda" data-entity-type="file" data-entity-uuid="9a8de51d-8092-480a-8b7e-e081816692c2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-08-29%20at%208.54.27%E2%80%AFAM.png?VersionId=VRHpV5.6beOu2cieKHWrw3ErMPuVOAuj" />

Envisioned as an “urban lantern” the building will bring a distinctive new presence to Bridge Road with a sculptural retail frontage, designed to honour the street’s heritage character while contributing to its renewal.

Stevens said the acquisition reflects the developer’s commitment to design-led addresses in Melbourne’s inner city.

“Drawing on Richmond’s rich heritage and dynamic character, we’ve envisioned a contemporary building that respects the past while elevating the way people live today. With dual frontages, curated ground-floor spaces, and a focus on wellness, this project will contribute to the neighbourhood’s evolution, appealing to both downsizers and a new generation of professionals.”

Kokoda Property will now progress concept design ahead of a future planning process.
</section>

Mark Stevens, Kokoda Property Group’s Founder and Managing Director, said that the company’s Bridge Road site acquisition signals confidence in a city that is re-accelerating

First look: Kokoda secures Richmond site for new apartment development

Gold Coast developer Drew Group is fast approaching sell-out at its Main Beach apartment development, Lagoon Main Beach.

In the last nine months, Drew Group and sales partner Pezet Matheson have secured 31 sales totalling over $75 million, as the two-tower development advances towards completion under the expert eye of Hutchinson Builders.

“Today's buyers are more discerning than ever," Drew Group Managing Director Jon Drew says.

"It's essential to provide something truly unique that sets a development apart, and we believe Lagoon has achieved just that."

[smartcode_project:default project_id=108747 project_image_fid=193023]

Just over 50 per cent of recent&nbsp;sales have been to local buyers, reflecting the deep trust and connection within the Gold Coast community that Drew Group has developed over the years.

Demand has been particularly robust at the top end, with two of the three exclusive penthouses already sold, alongside five sub-penthouses. Only seven apartments remain in Lagoon's Signature Series — one&nbsp;penthouse and six sub-penthouses.

[smartcode_project:default project_id=108747 project_image_fid=284864]

Drew Group has also removed the much-maligned sunset clause from all contracts at Lagoon. The sunset clause — although rarely invoked, yet on occasion known to have been — allows developers to take back contracts on apartments should the building not be completed within the timeframe specified in the contract.

Pezet Matheson Co-Director Jayde Pezet says the fact Lagoon is&nbsp;within a year of completion, and has no sunset clause in contracts, provides certainty to buyers.

"This is paramount in the current market," Pezet says.

Drew Group has committed to providing the highest level of security inclusions — none more impressive than the Ubiquity Access Control System, a cutting-edge facial recognition technology that is one of the most state-of-the-art keyless entry systems on the market.

[smartcode_project:default project_id=108747 project_image_fid=190743]

One of the biggest drawcards to Lagoon has been the size of the apartments.

"It is unlikely that any future new development in Main Beach will be able to offer such spacious living at this price point," Drew says.

"Today's buyers are more discerning than ever, carefully evaluating amenities like gyms, spas, workspaces, and beach lockers, along with quality finishes. It's essential to provide something truly unique that sets a development apart, and we believe Lagoon has achieved just that."

Lagoon is set to complete construction in mid-2026.

[smartcode_project_cta:default project_id=108747]

Lagoon Main Beach approaches sell-out as local buyers drive $75m in sales

Horse Stud

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After being owned for 37 years by the Vrisakis family, Phalaris Stud at Rylstone is listed for sale with $2 million hopes.
The <a href="https://www.realestate.com.au/property-other-nsw-rylstone-7980430" target="_blank">169ha Central Tablelands offering</a> has extensive horse facilities built by the former bow-tied Sydney lawyer Aleco Vrisakis and wife Mary Jane.
Inglis listing agent Sam Triggs says the property is ideal for equine pursuits as well as for Charolais beef production. Set 60km from Mudgee and 237km from Sydney, the farm is sown to phalaris, clovers and lucerne pastures.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/8/20/phalaris2.jpg" alt="">
There is a 2000-built architect designed home and the facilities include nine box stables, an Olympic-size sand dressage arena and a 51m horse pool.
There are views over the Cudgegong Valley from the home located at the end of a driveway of Claret Ash and London Plane trees.
This article was first published in the Sunday Telegraph.
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jchancellor-FAypfDUnLy

Vrisakis family list Phalaris Stud at Rylstone 

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The retiring thoroughbred race horse breeder Joe Vella has sold Wingrove Park, his Macedon Ranges district at Kerrie.
Over the past forty years the Vella family have been successfully breeding, racing and selling thoroughbreds.
Vella and his wife Daira established it three decades ago, located 16 kms north east of Gisborne, positioned between world renowned studs, Sun International Stud and Spendthrift Stud.
There was a $5.8 million asking price for <a href="https://www.realestate.com.au/property-other-vic-kerrie-7928066" target="_blank">the 86 hectare property</a> at 249 Mt Eliza Road through Elders Real Estate when it was listed in November. No sale price has been given by agents Nick Myer and Kellie Mutimer.
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The state-of-the-art equine facility has 54 paddocks. It has 11 stables, two super-size foaling down boxes, a foal Intensive Care Unit, three stable shedding complexes, fully enclosed wood shavings shed, a hospital barn with a full range of veterinary facilities, and an equine rehabilitation area.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/11/7/Wing3.jpg" alt="">
The 1990-built double brick homestead is reach via an avenue of manicured and mature Cyprus trees.
Royal Symphony, the three-year-old colt bred at Wingrove Park, recently finished fourth in the Cox Plate behind Winx.
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firstname1-iYD4UYzvBa

Wingrove Park, Kerrie breeding stud sold

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The former centrepiece of Nathan Tinkler's Hunter Valley horse breeding empire is back on the market.
With cattle now grazing in paddocks, it has been on and off the market since 2014, when a mooted $120 million sale to Middle East interests collapsed.
More recently a Sutherland Shire family came close to buying.  
The Patinack horse breeding and racing empire was a dream venture of the former coal baron, funded in his desperate last days by the retailer Gerry Harvey who has yet to secure the full debt being repaid. 
Harvey holds first mortgages over the land which liquidators have set a May 4 offer deadline through MacCallum Inglis agent Michael Burke. 
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j.ballantyne1990-6AQqhLzZaK

Tinkler's Hunter Valley horse stud listed

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The thoroughbred breeding and horse racing empire Godolphin has sold Twin Hills race horse stud farm near Cootamundra in the NSW Riverina.
It's been bought by former Darley chief operating officer Olly Tait and his wife Amber.
William Inglis agents Jamie Inglis and Sam Triggs have not disclosed a sale price for the stud located 380 kilometres outside of Sydney.
The 1011 hectare property comes with eight houses and cottages along with its five bedroom Twin Hills homestead and a Howard Tanner-designed stallion barn.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/08/TwinHills2.jpg" alt="" width="475" height="241">
Sheik Mohammed bin Rashid Al Maktoum sold the stud due to an operational focus shift elsewhere, according to Godolphin managing director Australia Henry Plumptre.
"The Twin Hills Stud Farm has played an important part in Godolphin's success over the years and so the decision to sell has not been taken lightly," said managing director of Godolphin in Australia, Henry Plumptre.
"However, as our operations are increasingly focused on the Hunter Valley, Sydney and Central Victoria, the location of Twin Hills makes it difficult to consolidate our operations around our other significant landholdings.
"Ultimately, this will have no impact on the horses as the time they previously spent at Twin Hills will now be spent at other properties."
Sheik Mohammed acquired the property as part of a $500 million deal to buy the Ingham poultry family's Woodlands racing empire in 2008. 
Twin Hills was established by Ferd Calvin before being purchased by media personality Mike Willesee in the early 1980’s. 
Willesee developed the farm into Trans Media Park Stud, building world class facilities and standing outstanding stallions such as Snippets and Rubiton. 
In 1993, the property became an integral part of Jack and Bob Ingham’s Woodlands Stud. 
It was home to a large proportion of the Woodlands mares as well as stallions such as Strategic, Domesday and Derby winner Quest For Fame. 
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/08/TwinHills3.jpg" alt="" width="490" height="225">
Since then it has played a central role in Godolphin’s Australian racing operations and has been the base for outstanding racehorses such as Appearance, Exosphere, Epaulette and Guelph.
New owners Olly and Amber Tait are set to return to Australia from England and begin the new business in April.
Tait spent many years with Darley in Australia, Japan, the USA and England.
The popular racing family was inducted in to the Australian Racing Hall of Fame in 2014 in recognition of its history of racing and breeding in the Riverina.
They worked with successful horses such as Baguette, Tie The Knot and Spinning Hill.
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“Having grown up close to Twin Hills and been fortunate enough to work and live in the major thoroughbred breeding centres of the world, I know how lucky we are to have this opportunity," Olly said.
"It is situated in an area that has produced countless Champions and Golden Slipper winners, Guineas, Derby and Oaks winners."
"It is a magnificent property with world class facilities on beautiful land.” 
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Godolphin sells Twin Hills stud

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The thoroughbred breeding and horseracing empire Godolphin has listed Twin Hills race horse stud farm near Cootamundra in the NSW Riverina.
It has been listed by William Inglis director, Jamie Inglis and property sales manager Sam Triggs.
Twin Hills is 380km from Sydney and around 9km from the regional centre of Cootamundra.
It offers 8 houses and cottages along with its five bedroom Twin Hills homestead, and a Howard Tanner-designed stallion barn
It acquired the 1011-hectare property as part of a $500 million deal to buy the Ingham poultry family's Woodlands racing empire in 2008. 
"The Twin Hills Stud Farm has played an important part in Godolphin's success over the years and so the decision to sell has not been taken lightly," said managing director of Godolphin in Australia, Henry Plumptre.
"However, as our operations are increasingly focused on the Hunter Valley, Sydney and Central Victoria, the location of Twin Hills makes it difficult to consolidate our operations around our other significant landholdings.
"Ultimately, this will have no impact on the horses as the time they previously spent at Twin Hills will now be spent at other properties."
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Twin Hills Stud listed by Godolphin

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The Malaysian billionaire Dato Tan Chin Nam has listed his Think Big Stud in NSW's Southern Highlands.
The 122 hectare property, listed through Inglis Rural Property agents Sam Triggs and Jamie Inglis, could fetch between $18 million to $20 million.
Think Big Stud is located at Bowral on the banks of the Wingecarribee River. It has been used to spell or breed four Melbourne Cup winners, two Caulfield Cup winners, two Vinery Stud Stakes, two ATC Flight Stakes, two Cox Plate winners and even the Prince of Wales Stakes in England. 
The original property purchase was in late 2006 with surrounding property purchases bought on the winnings of horse races. 
The billionaire is selling because of a lack of interest from his offspring in horse racing, the Australian Financial Review advised.
The property once known as Inverness Stud has undergone significant agricultural and capital upgrades and is now emerging as one of the feature boutique stallion operations in NSW.
Dato Tan Chin Nam bought the famous Inverness Stud at Bowral at auction for $3.525 million.
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Horse Stud

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