<a href="https://www.apartments.com.au/developers/draycon">Draycon Building</a> is nearing completion of Boutique Chevron Island, a 42-apartment development on the northern end of Chevron Island at 17–19 Parneno Street, with a limited-time offer of fully furnished apartments available.

Now more than 90 per cent complete, <a href="https://www.apartments.com.au/buildings/boutique-chevron-island-17-19-parneno-chevron-island-qld-4217">Boutique</a> has been shaped by one of the Gold Coast’s most tightly held island addresses, where riverfront outlooks and walkable access to Surfers Paradise converge.

For Draycon Building Managing Director Howard Dabit, the appeal of the site was immediate.

“I knew it was a good site as soon as I saw it,” Dabit said.

“The position and location on the north end of <a href="https://www.apartments.com.au/developments/chevron-island-qld-4217">Chevron Island</a>, the way the river swirls around the site basically from the north to the east, it feels like the site is surrounded by the water. The height that we’ve got and the aspect looking north is beautiful. Eighty per cent of the apartments are looking north so they get that drenching sunlight coming in.”

[smartcode_project:default project_id=89709 project_image_fid=360922]

That northern orientation places the development within a stretch of Chevron Island defined by open river aspects and skyline views, while remaining embedded in the suburb’s established village setting.

Chevron Island has increasingly drawn owner-occupiers seeking centrality without the intensity of high-rise beachfront living. Positioned at the geographical centre of the Gold Coast, the island offers direct access to both the beach and key cultural infrastructure while retaining a neighbourhood-scale character.

Connected by bridge to Surfers Paradise, Chevron Island offers walkable access to beaches, riverfront parklands and a revitalised foreshore boulevard animated by walkers and cyclists throughout the day. The Pacific Ocean is only minutes away, reinforcing the suburb’s dual river-and-surf identity.

At the same time, Thomas Drive forms the spine of the island’s village life, delivering cafés, wine bars, casual dining and everyday services within easy reach. Independent grocers, wellness operators and neighbourhood retailers contribute to a community atmosphere that remains distinct from the vertical scale of the beachfront.

[smartcode_project:default project_id=89709 project_image_fid=360915]

In the opposite direction, the Green Bridge links directly to HOTA – Home of the Arts – placing galleries, performance venues and parklands within walking distance. Weekly markets and major exhibitions draw visitors from across the region, while residents return to a quieter residential pocket at day’s end.

Public transport, including nearby bus routes and the G:link light rail corridor along the coastal spine, strengthens connectivity north and south. Griffith University, the Gold Coast University Hospital precinct and established private schools such as The Southport School are all within a short drive.

Ongoing investment across Surfers Paradise, HOTA and the broader Southport corridor has elevated amenity while preserving Chevron Island’s comparatively low-rise residential character. It is this balance, walkable village atmosphere paired with metropolitan-scale infrastructure, that continues to differentiate the suburb from higher-density beachfront precincts.

Boutique comprises just 42 residences, designed to maximise river and skyline outlooks within this tightly held island setting.

Boutique Chevron Island is slated for completion in April 2026, with prices starting from $1,220,000.

[smartcode_project_cta:default project_id=89709]

Joel Robinson

Draycon Building’s Boutique Chevron Island places 42 residences at the heart of the Gold Coast

Sydney developer <a href="https://www.apartments.com.au/developers/deicorp">Deicorp</a> has secured planning approval for a $300 million residential development in Lindfield, marking the company’s second project on Sydney’s North Shore and its first on the Upper North Shore.

Located on Beaconsfield Parade and designed by DKO Architecture, the state significant development comprises three buildings of up to 10 storeys and will include 399 residences, including 59 affordable homes and 40 adaptable homes.

Residences will range in size from one, two and three bedrooms, with two-bedroom apartments accounting for over 60 per cent of the product make-up. Residents will have access to a broad suite of amenities, including a wellness area, indoor and outdoor recreational spaces, a pool, a gym, a community room and a golf simulator.

In line with Deicorp’s long-standing focus on creating transit-oriented communities, the project is located just 260 metres from the Lindfield Train Station, reinforcing its role in delivering well-connected housing close to established infrastructure, retail and local services.

The inclusion of affordable and adaptable housing supports greater diversity within the local market, while the mix of apartment types responds to demand from downsizers, young professionals and families seeking access to the Upper North Shore.

Deicorp Founder Fouad Deiri OAM said the approval represents an important milestone for both the company and the suburb

“This approval allows us to deliver well-designed homes in a location that is already supported by strong transport and community infrastructure," Deiri said.

"Our focus is on creating places that integrate into their surroundings and provide long-term value for residents, and the broader Lindfield community. Being within walking distance of the station ensures this project supports sustainable growth in the right locations."

Across its portfolio, Deicorp currently has 4,703 apartments under construction, playing a leading role in shaping connected, liveable communities across Sydney.

Its expanding portfolio of Metro-linked developments includes Tallawong Village, <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> in Five Dock, <a href="https://www.apartments.com.au/new-apartments/hyde-metropolitan-sydney-133-141-liverpool-street-sydney-nsw-2000">Hyde Metropolitan</a> in Sydney CBD, <a href="https://www.apartments.com.au/new-apartments/falcon-alexander-crows-nest-8-alexander-street-crows-nest-nsw-2065">Falcon &amp; Alexander</a> in Crows Nest and Showground Village, Castle Hill.

Deicorp purchased the Beaconsfield Paradise site last year. Construction is scheduled to commence in Q2 of 2026 and will be completed in 2029.

Deicorp expands portfolio to nearly 5,000 apartments with Lindfield project

In a joint venture with The Trump Organization, Australia developer Altus Property Group has announced plans to bring a Trump International Hotel &amp; Tower to the Gold Coast, marking the first Trump-branded project in Australia.

&nbsp;

"Trump International Hotel &amp; Tower, Gold Coast is our first official project in Australia and reflects our unwavering commitment to delivering world-class luxury experiences in iconic locations around the world," Eric Trump, Executive Vice President of The Trump Organization, said.

"This development exemplifies the Trump brand’s dedication to quality, sophistication, and unmatched service, and we are thrilled to bring this vision to the vibrant Gold Coast community."

The 91-storey building, which will become the tallest in Australia at 335 metres, will feature a&nbsp;285-room luxury hotel bearing the trademark Trump logo. It will also include 272 luxury residential apartments, a three-level podium with an exclusive Beach Club, and over 3,400 sqm of premium commercial, retail, and dining space, revitalizing the central Surfers Paradise precinct.

“Trump International Hotel &amp; Tower, Gold Coast will be a truly unique offering in the Australian market, bringing the prestige and allure of a world-class luxury brand,"&nbsp;Altus founder and chief executive David Young said.

"Altus Property Group is proud of its track record in delivering landmark developments across Australia, and our expertise ensures this project will be an outstanding success."

Trump Hotel heads for the Gold Coast to become Australia's tallest building

More than a century after the Corrimal Coke Works first opened in 1912, the industrial landmark that helped shape the suburb is being reinterpreted as a walkable residential neighbourhood, with Stage One of <a href="https://www.apartments.com.au/new-apartments/the-works-stage-one-27-railway-street-corrimal-nsw-2518">The Works</a> now underway at 27 Railway Street.

For 102 years, the site was central to <a href="https://www.apartments.com.au/developments/corrimal-nsw-2518">Corrimal</a>’s economic and social identity before operations ceased in 2014. Rather than erasing that legacy, developer Legacy Property has embedded it into the masterplan, retaining and reinterpreting elements such as the iconic 1912 brick chimney and sections of the original C1 Coke Oven Battery, alongside the adaptive reuse of the former powerhouse building.

Stage One will introduce 181 apartments across low-rise buildings, offering predominantly two and three-bedroom residences with completion targeted for mid-2027. The scale and configuration reflect a deliberate focus on owner-occupiers, targeting those seeking a lower-maintenance home in a prime location within the northern suburbs of Wollongong.

[smartcode_project:default project_id=143415 project_image_fid=359833]

Apartments have been designed to maximise natural light and cross-ventilation, with floor-to-ceiling glazing extending living areas onto generous balconies. Engineered timber flooring, induction cooktops and 900mm ovens in larger residences support everyday functionality, while two interior palettes allow buyers to tailor finishes to their preferences. The material selection draws on a restrained coastal language, intended to connect homes to their surroundings rather than compete with them.

The Works forms part of a broader 18-hectare masterplan that will ultimately deliver around 550 dwellings, new parks, and a heritage precinct celebrating the site’s past. More than seven hectares are dedicated to open space, including Southern Park and a Village Green with community gardens and recreation areas. The creek corridor is being rehabilitated with 150,000 native plantings, restoring biodiversity to the site and softening landscape.

[smartcode_project:default project_id=143415 project_image_fid=359841]

Positioned adjacent to Corrimal Station and within walking distance of Corrimal Town Centre, the precinct places daily essentials, rail connections and local retail within easy reach. Wollongong CBD, including the hospital, university and entertainment venues, sits approximately 6.5 kilometres to the south.

For buyers more familiar with North Wollongong, Corrimal offers a different proposition: a well-established coastal suburb framed by beaches to the east and the escarpment to the west, with a strong sense of local identity shaped in part by the former Coke Works. The Works seeks to reinforce that identity by creating a connected, walkable neighbourhood between coast and escarpment, rather than a standalone apartment complex.

Sustainability underpins the development approach. The Works is targeting Wollongong’s first 5-Star Green Star-rated community, with water-sensitive urban design, recycled materials and energy-efficient buildings integrated across the masterplan. For residents, these measures provide not only environmental benefits but also reduced operational costs and future resilience.

[smartcode_project:default project_id=143415 project_image_fid=359842]

With construction commenced and display materials available to view, prospective buyers can now engage more directly with the project’s vision, reviewing floorplans, material selections and the broader masterplan in detail. For many local homeowners weighing a move, the opportunity to experience how heritage, landscape and contemporary design intersect may help bridge the gap between familiarity and the next chapter.

As Stage One progresses toward its mid-2027 completion, The Works represents a significant chapter in Corrimal’s evolution, transforming a site that once powered local industry into a walkable residential precinct designed for its next generation of residents.

[smartcode_project_cta:default project_id=143415]

Legacy Property’s The Works reimagines Corrimal’s century-old Coke Works

When it comes to developing in Melb​ourne's Bayside region, <a href="https://www.apartments.com.au/developers/lowe-living">Lowe Living</a> knows exactly what buyers want.

With a longstanding presence in the area and a string of sell-out projects, Lowe Living consistently delivers developments that are as sought-after as their predecessors.

Their latest instalment is in <a href="https://www.apartments.com.au/developments/hampton-vic-3188">Hampton</a><a href="https://www.apartments.com.au/developments/hampton-east-vic-3188">&nbsp;East,</a> the same postcode where they have previously delivered Hampton Hill and Oceano. The developer-builder recently commenced construction on its newest project,&nbsp;<a href="https://www.apartments.com.au/new-apartments/marella-hampton-31-35-alicia-street-hampton-east-vic-3188">Marella</a>, a collection of 32 apartments just five minutes from the beach.

Site acquisition is paramount to success. Lowe Living rarely brings a building to market that isn’t within walking distance of essential amenities, whether it be the beach, a prominent retail strip, or a train station. Marella is no exception, located at its Alicia Street address, less than a kilometre from the retail heart of Hampton Street and Hampton Station.

[smartcode_project:default project_id=146197 project_image_fid=358495]

Equally important to Lowe Living is the architecture.

For Marella, they appointed <a href="https://www.apartments.com.au/architects/cera-stribley-architects">Cera Stribley</a>, who explains that the architectural vision was to create a contemporary reinterpretation of the Californian bungalow, a style that’s iconic to Hampton’s heritage.

"By borrowing, abstracting, and reinterpreting elements of this quintessential style, such as strong datum lines, articulated columns, exposed structures, and roof tiles, our design strikes a balance between modernity and familiarity," says Cera Stribley.

"This approach ensures that the development is not only visually appealing but also contextually sensitive, resonating with Hampton's existing architectural landscape."

[smartcode_project:default project_id=146197 project_image_fid=358499]

The building features terracotta brick, soft cream masonry, and exposed metal detailing, giving it a tactile presence that is intended to weather gently over time.

Internally, the focus on lasting quality continues, with two and three-bedroom residences anchored by sculptural stone kitchen islands, natural light, and clearly defined transitions between living, dining, and outdoor spaces.

The layouts have been carefully designed. Open-plan zones extend to private balconies, with light-filled interiors and generous kitchen proportions, supported by Miele wall ovens, induction cooktops, and integrated fridge-freezers. These are not small apartments rebranded as luxury; they have been designed at scale, with ample storage, hotel-style entry access, and secure basement parking provided as standard.

[smartcode_project:default project_id=146197 project_image_fid=358492]

At the uppermost level, Marella’s Signature Collection penthouses offer city or bay views, large entertaining terraces (some with outdoor spas), and elevated finishes, including fully wrapped stone kitchen benches and a Liebherr wine fridge.

Flexible room arrangements allow for a fourth bedroom or secondary living space, sought-after by both empty nesters who want the space when family visits and families with older children.

[smartcode_project:default project_id=146197 project_image_fid=358498]

A residents’ lounge on the ground floor reinforces the project’s small-community feel. With a fireplace, private dining area, and adjoining terrace, it’s one of several shared spaces that balance amenity with privacy and scale.

Construction has commenced, with completion expected in early 2027.

[smartcode_project_cta:default project_id=146197]

Lowe Living continues Bayside legacy as Marella rises in Hampton

Hurstville

Hurstville&rsquo;s new Lotus Residences developer, TQM, has installed what they believe to be Sydney&rsquo;s first resident-only pet playground with a private dog park, play equipment, and grooming amenities.

The park comes with specially designed dog play equipment, grooming facilities with bath, shower and air dryer, a sandpit, lush grass area, shaded sail.

There is security swipe access to its private dog park.

TQM commissioned the park in the plans by H3 Architects comprises three towers. There are two seven storeys with the third 13 storeys about five minutes&rsquo; walk from the Westfield shopping centre.

[smartcode_project:default project_id=13538 project_image_fid=162000]

Recent studies show two out of five Australians share their home with a dog.&nbsp;

Onsite dog parks are more common in the US, Mark Taouk, development director at TQM said.

&ldquo;We know many apartment dwellers love human&rsquo;s best friend, and pets have a positive effect on our physical and mental health.&rdquo; 
&nbsp; 
&ldquo;Pets also enhance social connectedness and social skills.

[smartcode_project:default project_id=13538 project_image_fid=162007]

&quot;TQM is thrilled to lead the way by promoting dog-friendly luxury living,&rdquo; said Taouk.

Lotus Residences offers over 126 apartments.

For the owners, there is a rooftop garden and barbecue areas. 
&nbsp; 
&nbsp;

Lotus Residences offers dog friendly apartments in Sydney South

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Lotus Residences, Hurstville apartments offering communal dog park

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Beyond Hurstville is the latest project from the design-minded developer Fridcorp.

The $700 million project at 93 Forest Road, Hurstville in Sydney's south-west has 563 apartments across four towers and is set to be one of the best mixed-use developments in the suburb.

Urban has taken a look at the eight reasons why Beyond Hurstville should be on your shortlist.

[smartcode_project:default project_id=6798]

<h2>1. The developer</h2>

The Melbourne-based Fridcorp is one of Australia's most designed-focused developers. Founded in 1997 by Paul Fridman and Nigel Givoni, Fridcorp have primarily focused their development efforts in their home state, which makes a quality Fridcorp development in Sydney hard to find,

They developed the Erskineville apartment development Eve, comprising 197 apartments, which they completed in 2016, as well as the nearby apartment and townhouse development Wonder.

They've had success with a number of developments in South Yarra including Avenue and lilli.

Fridcorp believed in Beyond Hurstville so much that last year they bought out the remaining 50 per cent share of the project from Wingate.

<h2>2. Architects </h2>

Fridcorp called in DKO Architecture, who designed Eve in Erskineville, and Woods Bagot, to create the four sculpted towers articulating a timeless, organic form.

The two revered architects have worked in collaboration alongside 360 Degrees Landscape and Piety Group to deliver the project which will also feature work from artists Dina Broadhurst and Brooklyn Whelan.

<a href="/buildings/beyond-hurstville-93-forest-road-hurstville"><img alt="" height="784" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/beyond_hurstville_1_0.jpg" width="1200"></a>

<h2>3. Wellness by Fridcorp</h2>

Fridcorp recognised the need for residents to have more than just a solid wellness focus within its communal facilities.

‘Wellness by Fridcorp’ systems introduced in the apartments focus on enhancing the natural elements of indoor air, water and light through air purification, water filtration and innovative circadian lighting technology to promote a well-balance mind, body and regenerative sleep.

<a href="/buildings/beyond-hurstville-93-forest-road-hurstville"><img alt="" height="846" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/beyond_living_room.jpg" width="1200"></a>

<h2>4. Wellness features in the development</h2>

The wellness elements of Beyond Hurstville don't just exist in the apartment. The development features a raised podium complete with a gym, yoga studio, sauna, tai chi meditation deck, community garden and a communal sports court.

Residents will be able to reserve spaces using the Beyond community mobile phone application, as well as access a virtual concierge, book a dog walking service or a personal training session.

The app will also allow users to connect with the precinct and wider Hurstville community, explore nearby activities and receive offers from local retailers.

<a href="/buildings/beyond-hurstville-93-forest-road-hurstville"><img alt="" height="718" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/beyond_hurstville_2_0.jpg" width="1200"></a>

<h2>5. Dine with friends</h2>

On the same podium there's an indoor dining and lounge area as well as outdoor barbecue pods and teppanyaki grills set in lush landscaped gardens from 360 Degrees Landscape.

There will also be restaurants located at the foot of the building.

<a href="/buildings/beyond-hurstville-93-forest-road-hurstville"><img alt="" height="1061" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/beyond_hurstville_dining.jpg" width="1600"></a>

<h2>6. Affordable entry price</h2>

First home buyers have already descended on Beyond Hurstville due to its entry price.

One bedroom apartments in Beyond Hurstville start from $585,000, well below the soaring Sydney median apartment price of $738,254. CoreLogic's monthly update in March saw apartment prices rise 1.2 per cent over February.

The one bedroom apartments with a multi-purpose room are just over the median, starting from $785,000. Two bedrooms are priced from $870,000 and three bedrooms from $1,325,000.

<a href="/buildings/beyond-hurstville-93-forest-road-hurstville"><img alt="" height="862" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/beyond_living_room_2.jpg" width="1200"></a>

<h2>7. Location</h2>

Hurstville has a pedestrian-friendly walk score of 81/100, meaning most daily tasks can be accomplished on foot, while walking trails and bike paths connect Hurstville to surrounding suburbs and parklands.

The development is also close to a range of schools, from day care age through to secondary school.

To find out more about what's near Beyond Hurstville, <a href="/news/nsw/amenity-highlights-whats-within-walking-distance-of-beyond-hurstville">click here</a>.

<h2>8. Convenience</h2>

On the doorstep of the mixed-use building is a 4,500 sqm retail precinct, anchored by Woolworths. There will be a number of specialist retail stores surrounding the supermarket.
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The $700 million project in Sydney's south-west has 563 apartments across four towers and is set to be one of the best mixed-use developments in the suburb.

Eight reasons Hurstville apartment development Beyond Hurstville should be on your shortlist

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Fridcorp’s latest development Beyond Hurstville in south Sydney features a number of convenient amenities, starting right at the foot of the building.

The 4,500 sqm retail precinct is anchored by Woolworths, making it an ideal home for busy people and parents searching for convenience. Not far from the development is Westfield Hurstville.

Hurstville has a pedestrian-friendly walk score of 81/100, meaning most daily tasks can be accomplished on foot, while walking trails and bike paths connect Hurstville to surrounding suburbs and parklands.

[smartcode_project:default project_id=6798]

Designed in collaboration between Woods Bagot and DKO Architecture, Beyond’s sculptural architecture provides a new level of luxury at a comparatively affordable price point when compared to inner-city apartments.

Beyond’s amenities include an outdoor dining and teppanyaki grill, gardens, lobby bar and residents’ dining.

<a href="/buildings/beyond-hurstville-93-forest-road-hurstville"><img alt="" height="718" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/beyond_hurstville_2.jpg" width="1200"></a>

Prices start from $585,000 for a one bed, $845,000 for a two bedroom and $1,325,000 for the three bedroom apartments.

Estimated for completion in late 2021, Hurstville is just 16km from the CBD – only 19-minutes by express train from one of the two nearby stations Allawah or Hurstville. Sydney Airport is also easily accessible.

<a href="/buildings/beyond-hurstville-93-forest-road-hurstville"><img alt="" height="784" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/beyond_hurstville_1.jpg" width="1200"></a>

Other local leisure and eatery options include the Golden Sands, Club Central Hurstville, Allawah Hotel, Hurstville Library and the Hurstville Entertainment Centre.

The are plenty of surrounding schools for children including: 

<ul>
<li>Giggles Early Learning Centre</li>
	<li>St Mary Star of the Sea</li>
	<li>St George Christian School</li>
	<li>Sydney Technical High School</li>
	<li>Georges River College Hurstville</li>
	<li>Carlton Public School</li>
</ul>
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Fridcorp’s latest Hurstville development features some of the most convenient amenities on offer in NSW with a retail precinct attached

jordan_55689

Amenity highlights: What's within walking distance of Beyond Hurstville?

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The Redcape Group has exchanged contracts to divest the Royal Hotel, Granville in Sydney for $51 mllion representing a 6.25% premium to book value.
Simultaneously Redcape announced that it has exchanged contracts to acquire the Kings Head Tavern, South Hurstville (pictured above) for $27 million.
Notably the vendor of of the Kings Head Tavern was also the purchaser of the Royal Hotel, Granville (pictured below).
Redcape CEO Dan Brady said, "these transactions are consistent with Redcape’s strategy of portfolio optimisation and demonstrates our continued focus on acquiring venues where we can increase value by enhancing their operations and applying our refurbishment capability."
"The net sale proceeds will reduce borrowings, strengthen our balance sheet and provide the Group with significant debt capacity to pursue other growth opportunities,” he added.
<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/2019/12/16/Redcape%20Royal%20Hotel%20Granville.jpg" alt="">
The completion of both transactions remain conditional to precedents including a financing condition with settlement anticipated to occur before March 2020.
Recent 2019 Redcape transactions include the divestment of St George Hotel, Belmore for $47.1 million which settleed on 16 December 2019 and the acquisition of the Eden Brewhouse in Redbank Plains for $11.5 million.
The Eden Brewhouse transaction settled on 2 December 2019.
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j.ballantyne1990-6AQqhLzZaK

Redcape sells Royal Hotel, Granville and purchases Kings Head Tavern, South Hurstville

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A fire station building dating back to 1912 in Sydney’s southern suburb of Hurstville has been put up for auction through Ray White.
The “Old Fire Station" at <a href="https://www.realcommercial.com.au/property-offices-nsw-hurstville-502516366" target="_blank">78/23 MacMahon Street</a> is a landmark freestanding strata office building in Hurstville CBD. It will be auctioned on September 28. The building’s original features such as high ornate ceilings, picture railings, cast iron fire place and original timber fire truck entrance doors are intact.
It has modern fitouts and eight offices/ consulting rooms with plumbing.
The land area is 276 sqm.
Other amenities include a kitchenette and a formal reception desk.
There are DA-approved medical consulting rooms, that suit dental, accountant, solicitor, architect, general offices etc. subject to Council approval.
It last sold for $1.2 million in 2010, according to CoreLogic RP Data.
The listing agent is Chris Munk of Ray White.
The property is owned by Professor Ian Harris.
 
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jonathanchancellor-7SQnKwU6yx

Old fire station building in Sydney's Hurstville listed

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Around 14 buyers who bought apartments off the plan in a tower in Sydney's south-west at discounted prices are now facing the loss of their investment.
It comes after the developer defaulted on a loan from a British Virgin Island lender.
The home buyers, described by the Australian Financial Review as mostly Mandarin speakers, all with Chinese names, are considering legal action.
It comes after Hua Cheng International Holdings Group, the developer of the 100-unit Royal Plaza property in Woodville Street, Hurstville, defaulted on a loan to Chinese-backed Super Vision Resources.
In July, Super Vision appointed Ernst &amp; Young and Hall Chadwick as receiver and liquidator.
They have now seized the 14 apartments that were purchased off the plan at a big discount, along with another 16 unsold apartments. 
The property know as 2 Barratt St and 18-22 Woodville St, Hurstville.
When the 14 buyers paid for their discounted apartments in 2013, they paid for them in full, but did not received title. 
Some of the buyers hired lawyers before they bought the apartments and were warned not to buy them.
Lawrence Xu, the chief executive of Hua Cheng, told the paper that he was unable to get development and construction finance from the big four local banks but found $35 million from British Virgin Islands registered Super Vision. They agreed on a interest rate of 15 per cent.
Super Vision is a subsidiary of the state-owned Chinese financial services firm, China Orient Asset Management Corporation, based in Beijing.
Mr Xu blamed the lender for the default, the AFR reported.
He ran into cost overruns and the funds that arrived five months late.
Paying down the loan to Super Vision, Hue Cheng said that in 2013 it sold 14 two-bedroom apartments at a discounted price of $450,000 to the 14 Chinese buyers who paid upfront. 
The normal sale price was $650,000 to $700,000 each, World Square Property Group said.
The buyers said they were looking at the role of both the lender and the developer in this mess. 
"We want to chase these two parties for justice," one buyer said.
Interest rates vary depending on the risks of projects from standard rates of about seven per cent for apartment loans up to 20 per cent for development loans.
The receiver and liquidator declined to comment.
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Hurstville off the plan buys at risk after developer default

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JLL Hotels &amp; Hospitality Group have announce the biggest Sydney pub deal for nearly six years with the simultaneous sale of the Hunters Hill Hotel and Tiger Bar Hotel Hurstville.
Iris Capital and Gallagher Hotel Management have bought two key Sydney hotels with a combined value of $65 million, to expand their footprint in the hot pub sector.
The sales come at an interesting time for the hotel industry with Redcape groups mooted $700m sale of their 26 venue hotel portfolio to Moelis Capital, John Singleton’s Australian Pub Fund continuing their attempts for a portfolio sell down and KKR, debt provider to the ill-fated leasehold Dixon group, reportedly seeking capital solutions after recently shelving IPO plans.
National Director John Musca who negotiated the sale stated that "the asset transactions are manifest examples astute divergence in investment and operating strategies of two highly respected industry stakeholders at a particular point in time, reflecting class-leading thinking on both their parts".
Opened in 2012 the Tiger Bar Hotel resides adjacent to the Hurstville bus and train stations in a precinct benefitting from a new LEP and residential intensification.
It includes public bar, TAB, gaming room and upstairs restaurant and is a consistently high-ranking NSW gaming venue.
Along with the neighboring Ritz and Meridian Hotels, the Tiger Bar has become a cornerstone entrainment venue for the Hurstville Forest Mall retail and business core.
The hotel was purchased by Iris Capital where a change in group focus has seen their property and business empire rapidly expand to include extensive development and broad-acre land interests across NSW.
This includes their recent success in winning the tender to acquire the East-End Newcastle city site master planned to include circa 700 residential apartments, a possible five star hotel and over 10,000m2 of retail space.
The regeneration is considered by many as being a catalyst for the evolution of the Newcastle CBD and has involved extensive community and council consultation.
The Hunters Hill Hotel was central to the most significant town centre redevelopment the precinct has ever seen and was extensively renovated and extended in conjunction with a new mixed-use 55 residential apartment, car park and retail complex in 2014.
The hotel sale included a separate 120 bay carpark and situated on a 5000 sqm site, came with approval to develop 4 more luxury rooftop apartments offering spectacular Harbour Bridge views.
It was purchased by Gallagher Hotel Management who under the careful stewardship of popular and awarded principals Patrick and Angela Gallagher, have steadily emerged as one of the industry's most respected hoteliers.
The group now adds the landmark Hunters Hill asset alongside another of their most recent icon acquisitions the Terrigal Hotel, purchased in May for $28 million.
"Much like the Oaks Hotel in Neutral Bay and the Golden Sheaf Hotel in Double Bay the Hunters Hill Hotel is a cornerstone, integral community establishment and a truly generational asset the likes of which are rarely traded", Mr. Musca said.
 
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Iris Capital acquire Tiger Bar Hotel Hurstville

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With developers usually cramming in as many apartments into a block as possible, ONE20 on Queens, the seven-storey mixed use project at Hurstville, will feature only three apartments per floor.
It will come with a total of 17 apartments, the smallest of which is 75 square metres, according to Ray White Projects director Eddie Mansour.
“Three apartments per floor is very rare anywhere in Sydney. They could easily have created five apartments per floor but they went with only three,” he said.
He also added that he would like to see more of this type of development in the market.
“There is a huge demand for larger apartments yet it is very rare to find boutique developments in Hurstville that cater for open space like this.
He expects they will sell quickly to the owner occupier market who are prepared to pay a premium for them.
Due for completion in late 2018, each apartment in the block designed by Kennedy &amp; Associates features a secure car space and access to a communal rooftop terrace with barbeque area.
With apartments ranging from $795,000 to $860,000 for a 75 to 77 square metre two-bedroom apartment and $850,000 to $905,000 for an 87 square metre apartment with two bedrooms and a multi-room.
“It will feature a high level of finishes and there is a mixture of timber tiles and carpet throughout the development,”
Situated at the corner of Queens Road and Carrington Avenue, the block is just a short walk to Hurstville train station, down the road from Westfield Hurstville and close to top performing schools, according to Mr Mansour.
The sales centre opens early-mid April onsite. For more information visit <a href="https://www.120onqueens.com.au" target="_blank">120onqueens.com.au</a>
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Hurstville development sets standard for larger apartments

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The appetite for apartments remains strong in south-west Sydney after developer Fridcorp sold 65 percent of the first stage of its $700 million 556-apartment project in Hurstville, BEYOND in the past two weeks.
Construction is expected to commence in August 2017 and completion prior to the end of 2019. 
Some 180 out of the first 300 units at 93 Forest Road were secured with $5000 deposits, with contracts now set to exchange.
Fridcorp indicated surprised at the strength of the demand.
"The results have exceeded our expectations," Fridcorp founder Paul Fridman said.
"People are understanding the value of Hurstville as a suburb that has plenty of upside."
<img src="/images/2016/11/09/1474684316330.jpg" alt="">
Only slightly cheaper than Sydney's inner-city, the units sold were priced between $565,000 for one-bedroom units and $1.4 million for those with three bedrooms.
The popularity of Hurstville comes from the large proportion of local Chinese-Australian migrants in the area. 
BEYOND will also include a new retail precinct with a 3500 sq m Woolworths, specialty shops, cafes and restaurants.
This is Melbourne-based Fridcorp's second Sydney project after its Eve project at the new Ashmore precinct in Erskineville, in inner-west Sydney.
Fridcorp has $1.5 billion of apartments under development, with further projects including Brisbane, South Yarra and North Melbourne in progress.
BEYOND’s display suite is located at 99 Forest Road, Hurstville and is open Saturday to Wednesday from 1 pm – 4 pm.
For more information <a href="https://www.realestate.com.au/project-beyond-nsw-hurstville-600013898" target="_blank">click here</a>.
 
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Fridcorp reaps strong off the plan sales at BEYOND, Hurstville project

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Developer Fridcorp will deliver a visionary masterplan to Hurstville with its $700 million BEYOND project, creating a new precinct for the area where sculptural towers will rise above a vibrant retail plaza.
Designed by architecture firm DKO Architecture with interiors by Woods Bagot and landscaping by Openwork, BEYOND will form a mini-urban village in the lively and evolving suburb of Hurstville. Located at 93 Forest Road, BEYOND will comprise a mix of 556 one, two and three bedroom apartments across four sculptural buildings that vary from eight to twenty levels across the 13,927 square metre site.
One bedroom apartments range from 50 to 61 square metres and are priced from $565,000 - $825,000. Two bedroom apartments range from 75 to 92 square metres and are priced from $840,000 to $1,140,000. Three bedrooms range from 95 to 107 square metres and are priced from $1,225,000 to $1,675,000. All floor plan square metre ranges exclude balconies.
BEYOND will provide residents and the local community with a 5,000 square metre landscaped retail plaza that will create a sense of place, as well as a connection to the neighbouring Kempt Field Park via walkways lined with lush plantings. The new retail plaza, which will be a contemporary interpretation on an urban laneway, will link the existing retail plaza to steps that lead down to Kempt Field, creating direct access to the Allawah train station.
<img src="/images/2016/09/27/image003.jpg" alt="">
Anchored by a 3,500 square metre Woolworths supermarket, the BEYOND retail precinct will comprise a further 1,000 square metres of specialty retail, cafes and restaurants, welcoming activity from dawn til dusk.
“Fridcorp is excited to offer buyers thoughtfully designed apartments with immediate access to incredible amenity, which will help drive the evolution of Hurstville,” says Paul Fridman, founder and director of Fridcorp. “The success of our Eve project in Erskineville demonstrated that there is an appetite for our quality designed product in Sydney that appeals to a sophisticated audience.”
DKO has designed the buildings with soft curves to create a beautiful sculptural element for the Hurstville skyline. Façades consist of precast bronze glazing and metal cladding with filigreed balustrades lining balconies. Textural brickwork at the base of the two lower buildings draws from the site’s history as a quarry.
“BEYOND will bring a fresh and sophisticated urban precinct to Hurstville,” says Nicholas Byrne, director at DKO Architecture and the project’s lead architect. “It will also provide apartments with high amenity that respond to the site’s opportunities, such as light-filled interiors and spectacular north-eastern views toward Sydney’s CBD, southern views toward Botany Bay, and eastern views toward Kempt Field.”
Featuring resident-only communal areas on the second level on two of the buildings, BEYOND offers more than 4,000 square metres of recreational space that includes facilities for yoga, badminton and reading pods, as well as barbeque and dining areas.
<img src="/images/2016/09/27/image005.jpg" alt="">
Woods Bagot has designed BEYOND’s apartment interiors with wide frontages and full-height glazing, providing residents with expansive views, as well as open plan living, dining and kitchen areas catering to the relaxed Sydney lifestyle.
“These apartments give buyers the opportunity to live in a considered, designed space with thoughtful and elegant interiors and great views,” says Jacqui Senior, senior interior designer at Woods Bagot. “The potential for the area is enormous and BEYOND will definitely be a one-of-a-kind place for Hurstville.”
The inspiration for the interior design was gold and navy. Whilst navy is a traditional palette it has been interpreted in a contemporary way, with white walls and custom navy joinery embellished with brushed brass fittings throughout apartments for the dark colour scheme. A light colour scheme of pale grey and white is also available.
<img src="/images/2016/09/27/image004.jpg" alt="">
All apartments feature lime-washed timber floors and pale grey carpet. A custom television cabinet is available as an additional joinery option, offering extra storage while maintaining a coherent look.
The kitchens feature Smeg appliances and gas stove tops with buyers able to select from three different benchtops materials: composite stone, white marble and a grey marble with contrast veining, which curve up the wall, forming the splashback.
Meticulous details and refined materials define BEYOND’s understated and elegant bathrooms. Large format tiles will line the floors and walls and mosaic feature tiles in either navy or pale grey will compose the feature vanity wall. The bathrooms are appointed with custom oval sinks, brushed gold finish tapware and elegant curved edge mirrored cabinets.
<img src="/images/2016/09/27/image006.jpg" alt="">
A truly connected suburb, BEYOND residents will benefit from Hurstville’s close proximity to Sydney’s CBD which is only twenty minutes by train. Sydney’s T4 Line runs to Hurstville with both the Hurstville and Allawah stops within walking distance of BEYOND. Westfield Hurstville, as well as a myriad of shops, restaurants, schools and recreation facilities, are all on offer in the vibrant community of Hurstville.
BEYOND will have 600 resident car parks, 80 visitor parking spaces and 200 retail parking spaces.
Fridcorp opens its BEYOND display suite and will accept registrations of interest from 1 October 2016, with the project officially launching on 22 October. Construction is expected to commence in August 2017 and is due for completion in July 2019.
Fridcorp has approximately $1.5 billion of apartments under development, with further projects including Brisbane, South Yarra and North Melbourne in progress, which will introduce an additional 1,700 apartments to the Australian market this year. Fridcorp’s first Sydney-based project Eve in Erskineville sold $100 million in stock within two hours of launching in May 2014.
For more information, <a href="https://beyondbyfridcorp.com.au/" target="_blank">click here</a>.
<img src="/images/2016/09/27/image007.png" alt="">
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