ANZ believes the Reserve Bank is in no rush to move again.

Following the release of the May Monetary Policy Board Minutes, ANZ has taken the view that the RBA is now firmly in a holding pattern, with the cumulative impact of previous rate hikes giving the Board scope to assess how the economy evolves from here.

That positioning, in ANZ’s view, makes a June rate hike unlikely.

The bank continues to expect the cash rate to remain unchanged at 4.35 per cent for an extended period, with the RBA adopting what is effectively a wait-and-see approach.

The Minutes point to a Board that sees financial conditions as already restrictive, but without a clear read on just how restrictive they are. That uncertainty has shifted the focus away from immediate policy action and toward monitoring both domestic conditions and global developments, particularly the conflict in the Middle East.

As ANZ interprets it, the Board is deliberately avoiding strong forward guidance.

Instead, it is allowing itself flexibility, acknowledging that monetary policy has limited ability to influence the near-term trajectory of inflation, while also recognising that economic growth is likely to remain below potential for some time.

Despite that pause in momentum, ANZ notes that the Board still carries a tightening bias.

The Minutes reveal that, in weighing up its decision, the Board seriously considered another 25 basis point increase. The key debate centred on the trade-off between inflation and activity, particularly in the context of global uncertainty.

Ultimately, most members leaned toward the inflation side of that equation.

Underlying inflation is still expected to remain above target for an extended period, regardless of how external risks evolve. That has led to a view within the Board that the risks to its inflation objective have increased, and that the current cash rate may not be sufficiently restrictive to fully contain those pressures.

That’s important.

While the decision, for now, is to hold, the underlying tone of the Minutes suggests the door to further tightening has not been closed.

ANZ also points to commentary from Assistant Governor (Economic) Sarah Hunter, who highlighted the risk that inflation could pass through the economy more quickly and broadly than in previous cycles. Both Hunter and a majority of the Board expressed concern that inflation expectations could become less anchored after such a prolonged period above target.

That combination, persistent inflation and the risk of expectations shifting, is what continues to underpin the RBA’s cautious stance.

However, where ANZ diverges from the RBA is on the outlook for activity.

The Board appears relatively comfortable with current spending patterns, effectively downplaying recent declines in business and consumer sentiment. It notes that sentiment has historically been only weakly correlated with actual spending, and that feedback from its liaison program has not yet pointed to a meaningful slowdown in consumption.

ANZ is less convinced.

The bank believes the link between household disposable income, sentiment and spending is more direct than the RBA is currently acknowledging. With inflation continuing to erode real incomes, ANZ expects household spending to soften more materially than the central bank is forecasting.

That divergence matters because it shifts the balance of risk.

If activity weakens more than expected, the trade-off between inflation and growth changes. In ANZ’s view, that would reduce the need for further tightening and reinforce the case for the RBA to remain on hold.

It also suggests that the current policy setting may already be doing more work than the Board fully appreciates.

The broader takeaway from ANZ’s interpretation is that the RBA is walking a narrow path.

On one side sits the risk of inflation remaining elevated for longer than expected. On the other is the growing pressure on households and the potential for a sharper slowdown in activity.

For now, the Board is choosing to wait.

But it is a pause that still carries an underlying tightening bias, rather than a clear pivot toward easing.

In practical terms, that leaves the cash rate anchored at 4.35 per cent for the foreseeable future, with the next move still uncertain.

For borrowers, it reinforces the reality that relief is not imminent.

And for the broader economy, it highlights the delicate balance the RBA is trying to strike, between bringing inflation back to target and avoiding an unnecessarily sharp slowdown in growth.

According to ANZ, it is a balance that is becoming increasingly difficult to maintain.

Joel Robinson

RBA to hold rates for "prolonged period" rather than hikes: ANZ

<a href="https://www.apartments.com.au/developers/venturecrowd-property-projects">VentureCrowd</a> is down to the final Canopy Villa release at Cumulus Grand Villas in Carrara, as construction continues on the 59-residence gated community positioned above 100 hectares of natural savanna on the Gold Coast.

The remaining Canopy Villa forms part of one of four collections within the <a href="https://www.apartments.com.au/architects/bda-architecture">BDA Architecture</a>-designed community and has attracted interest from buyers seeking larger-format homes that combine privacy, security and low-maintenance living. Positioned within a private cul-de-sac and facing a protected black she oak forest, the four-bedroom villa includes a large private outdoor area suited to pet owners and families wanting more flexible space.

<a href="https://www.apartments.com.au/new-townhouses/cumulus-grand-villas-carrara-17-baltimore-court-carrara-qld-4211">Cumulus Grand Villas</a>, located at 17 Baltimore Court, comprises a mix of three and four-bedroom villas across the Skyline, Canopy, Savanna and Broadview collections. Prices currently range from $1.455 million to $1.895 million, with the final Canopy Villa priced from $1.825 million.

[smartcode_project:default project_id=135663 project_image_fid=360477]

The Canopy Collection villas offer four bedrooms, 2.5 bathrooms and approximately 245 sqm of internal space, alongside double garages and landscaped private areas. Expansive glazing, open-plan living spaces and private balconies have been designed to maximise natural light and outlooks toward the surrounding savanna landscape.

Construction is now underway across the fully funded development, which VentureCrowd says has become an increasingly important consideration for buyers assessing off-the-plan opportunities on the Gold Coast. The project is being delivered by <a href="https://www.apartments.com.au/builders/devcon">Devcon Property Group</a>, which has operated in South East Queensland since 1993 and delivered more than 1,000 homes across the region.

VentureCrowd Director of Property David Whitting previously said the project responds to changing buyer priorities in the prestige Gold Coast market.

“Flexible floorplans have proven particularly relevant for purchasers aged between 40 and 65, including next home buyers, downsizers and investors,” Whitting said.

[smartcode_project:default project_id=135663 project_image_fid=360505]

The buyer profile at Cumulus has reflected that shift toward owner-occupier-driven demand. Stuart Towns and Tracey Loynes recently purchased a Canopy Villa, drawn to both the lifestyle offering and the flexibility the home provided for their next stage of living together.

The couple, who met three years ago, sold their Robina home earlier this year after identifying what they saw as strong long-term investment potential at Cumulus while remaining within the same Gold Coast market. The villa’s private backyard was a major drawcard for their dog Luna, while proximity to golf courses including Emerald Lakes also aligned with their lifestyle interests.

Beyond the residences themselves, the community has been planned around shared lifestyle and recreation amenities. The Infinity Terrace will include a 20-metre heated pool, barbecue facilities, alfresco dining spaces and elevated retreat areas overlooking the surrounding landscape. Walking trails, a private nature reserve, orchard and herb garden are also integrated into the masterplan.

[smartcode_project:default project_id=135663 project_image_fid=360473]

BDA Architecture Director Darren Greenaway said the design approach was heavily influenced by the site’s outlook and secluded setting.

The practice sought to create what Greenaway described as a “little piece of paradise,” drawing inspiration from the elevated views, surrounding greenery and quiet location.

<a href="https://www.apartments.com.au/developments/carrara-qld-4211">Carrara</a> continues to attract buyers seeking larger homes within proximity to the coast but without direct beachfront pricing. Cumulus sits within easy reach of Broadbeach, Pacific Fair, Robina Town Centre and the M1, providing connections north to Brisbane and south toward the Gold Coast Airport and northern New South Wales.

The first stage of Cumulus Grand Villas is targeting completion in 2026.

[smartcode_project_cta:default project_id=135663]

VentureCrowd nears sell-out of Canopy Collection at Cumulus Grand Villas in Carrara

Waverley Council has made a call that many councils have been reluctant to make publicly. Growth is coming, regardless of who controls it.

The release of the Bondi Junction Vision and Master Plan is less about whether the Eastern Suburbs’ primary centre will change, and more about how that change is shaped, funded, and ultimately experienced on the ground. Waverley Council has released a 100-page plan which is effectively the first comprehensive blueprint for Bondi Junction in over two decades, and in doing so, signals a clear shift in how councils are positioning themselves in the current planning environment.

For the past 18 months, the conversation across New South Wales has been dominated by the State Government’s Low and Mid-Rise Housing reforms and the emergence of the Housing Delivery Authority pathway. Both have created faster, more centralised avenues for development approvals, particularly in well-located, infrastructure-rich areas like Bondi Junction.

Waverley Council’s response has been to move early, and decisively.

Rather than react to individual proposals as they come through the HDA or broader State-led reforms, Council has sought to establish a clear, place-based framework that sets the terms for how Bondi Junction evolves. The underlying position is relatively straightforward: if densification is inevitable, it should be tied to infrastructure, public domain improvements, and a cohesive vision for the centre, not delivered piecemeal through ad hoc applications.

<img alt="bondi junction" data-entity-type="file" data-entity-uuid="7f1f729c-ed99-4c6c-bf87-ffbce6991941" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-19%20at%209.58.16%E2%80%AFAM.png?VersionId=ULX4OlXKjeJ5BvNCNGL86evgXCjCfMih" />

At its core, the document is attempting to reposition Bondi Junction from what it largely functions as today, a transport interchange anchored by a major retail centre, into something far more layered. The ambition is to transform it into what the plan describes as the “civic and cultural heart of Sydney’s East,” a place that is active beyond commuting hours and capable of supporting a broader mix of uses, experiences and communities.

That repositioning is built around four key ambitions.

The first is to create a true destination. Bondi Junction already attracts significant foot traffic, with more than 86,000 daily transport users and millions of annual retail visits, but much of that activity is transient. People pass through, rather than stay.

The Master Plan seeks to change that dynamic. It leans heavily into the idea of an “18-hour economy,” extending activity well beyond traditional retail hours through dining, cultural programming, events, and a more active night-time offering. This is not just about adding more hospitality venues, but about fundamentally shifting how the centre operates, from a daytime shopping destination to a place that functions across the full span of the day and into the evening.

Oxford Street Mall sits at the centre of that shift.

Long seen as underperforming relative to its potential, the Mall is identified as one of the key catalyst projects in the plan. It is to be reimagined as a day-to-night spine, combining retail, dining, wellness and cultural uses in a way that creates a continuous flow of activity. Outdoor dining, rooftop venues, laneway activation and a curated events program are all part of the strategy, alongside significant public domain upgrades that aim to improve comfort, safety and usability.

&nbsp;

The second ambition is to transform Bondi Junction into a world-class interchange.

Despite being one of the most heavily used transport nodes in Sydney, the current experience is fragmented. Connections between the station, Westfield, Oxford Street Mall and surrounding streets are often unclear, and major roads create physical barriers that disrupt pedestrian movement.

The Master Plan proposes a more seamless, people-focused network. That includes clearer pedestrian links, improved wayfinding, better integration between transport modes, and a rethinking of how arrival into the centre is experienced. The aim is to shift the perception of Bondi Junction from a place people move through, to a place they arrive in.

The third ambition focuses on greening and open space.

One of the more consistent pieces of community feedback throughout the Vision phase was the need for more greenery, better public spaces, and a more comfortable urban environment. Despite being surrounded by major parks, Bondi Junction itself has relatively limited accessible open space, with much of the public realm dominated by hard surfaces and traffic infrastructure.

The plan responds with a network of new and upgraded public spaces, increased tree canopy, and what it terms the “Parkline,” a green link connecting Waverley Park through to Centennial Park. This is not just about aesthetics. It is about addressing heat, improving liveability, and ensuring that increased density is matched by access to high-quality outdoor space.

The fourth ambition is perhaps the most important from a development perspective: growth that gives back.

Bondi Junction is already the primary location for new housing supply in the Waverley LGA, and that is expected to continue. The area carries a target of 2,400 new dwellings by 2029, with further growth projected beyond that as demand for well-located housing continues to rise. The Master Plan does not seek to limit that growth. Instead, it attempts to shape it.

New housing is to be concentrated around transport, with stepped building heights designed to protect the character of surrounding neighbourhoods. At the same time, the plan introduces a more explicit link between development uplift and public benefit. This is where value capture becomes central.

The document outlines a framework where increased development potential is tied to contributions that fund public domain improvements, community infrastructure, open space, and affordable housing. It is an approach that recognises that much of the transformation of Bondi Junction will be delivered by the private sector, but seeks to ensure that the benefits of that growth are shared more broadly. The Civic Precinct is a key part of that equation.

Leveraging Council-owned land, the plan proposes a consolidated civic and cultural hub centred around Ebley Street. This would include new community facilities, cultural spaces, and potentially a new Council Chambers, creating a focal point for civic life that currently does not exist in Bondi Junction at scale.

It is one of several catalyst projects identified in the Master Plan, alongside the Oxford Street Mall transformation. These projects are intended to anchor change, acting as early interventions that unlock broader investment across the precinct.

Importantly, the Master Plan is not just a design document. It includes a delivery framework that sets out how these ambitions are intended to be realised.

Council is explicit in acknowledging that it cannot deliver the transformation alone. Implementation will require coordination between State agencies, private developers, landowners and the community, with a mix of planning agreements, infrastructure contributions and direct delivery mechanisms used to fund and stage improvements over time.

The plan outlines a mix of short-term, medium-term and long-term actions, from immediate public domain upgrades and planning controls, through to larger-scale projects that will unfold over the next decade or more. In practical terms, the next 12 to 24 months will be the most important.

This is when the Master Plan will move through exhibition, refinement and eventual adoption. It is also the period in which Council will seek to embed the framework into its planning controls, giving it weight in the assessment of future development applications.

Council officers have indicated that once the Master Plan is in place, it could be used as a benchmark when assessing Housing Delivery Authority proposals, and potentially reduce the need for further HDA declarations within Bondi Junction. In effect, it is an attempt to bring planning control back to the local level, while still aligning with State housing targets.

That tension between State-led reform and local planning control is not unique to Waverley. It is playing out across Sydney.

&nbsp;

&nbsp;

&nbsp;

If delivered as intended, Bondi Junction will become denser, more active, and more complex. It will support more residents, more workers, and a wider range of uses, extending beyond its current retail core into a more layered urban environment.

“The civic and cultural heart of Sydney’s East”: Bondi Junction masterplan revealed

Toorak's dress circle St Georges Road, home to some of the city's priciest homes, is set for a rare new apartment development.

Blood Diamond Group, an entity tied to Tina Brandi, wife of David Brandi who has been a prolific bidder on The Block over the years, has filed plans for an ultra-exclusive development across an amalgamated 3,662 sqm site at <a href="https://www.apartments.com.au/new-apartments/104-106-st-georges-road-toorak-vic-3142">104 and 106 St Georges Road</a>.

The proposal would replace two existing homes on the riverfront site with a five-level apartment building cascading down the steeply sloping land toward the Yarra River. Designed by Charles Wright Architects, the development has been carefully shaped around the site’s topography and river environs, with the upper levels stepping back to reduce visual bulk from both St Georges Road and the Yarra corridor.

Planning documents describe the proposal as “a site layout and building typology that is consistent with the emerging character of the area and which provides exceptional amenity for future residents without compromising that of neighbouring properties.”&nbsp;

<img alt="First look: Blood Diamond Group unveils riverfront apartment plans for Toorak Pavilion" data-entity-type="file" data-entity-uuid="ea19a17e-7528-4fa8-b727-05f2f7c025e5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Toorak%20pavilion%20a_0.png?VersionId=rZ2IjdoUL_UrRl1sZ4wZHnQXbYUaEmUQ" />

The scheme comprises 12 apartments, including 10 three-bedroom residences, one one-bedroom apartment, and a substantial split-level five-bedroom penthouse. A 624 sqm communal rooftop terrace will crown the building, while three undercroft levels embedded into the hillside will accommodate apartments and basement parking.

The design leverages the site’s dramatic northern outlook across the Yarra River, with living areas and balconies oriented toward the water. A central atrium running the full height of the building is intended to draw natural light deep into the residences and improve internal amenity.

Landscape architecture by <a href="https://www.apartments.com.au/landscape-architect/jack-merlo">Jack Merlo Design &amp; Landscape</a> will play a major role in softening the built form, particularly along the river edge where significant setbacks have been introduced. The proposal includes a minimum 30-metre setback from the Yarra River boundary, preserving a substantial landscaped buffer between the development and the waterway.

While a mature English Oak near the front of the site is proposed for removal, the plans retain a large English Elm closer to the riverfront, alongside other established vegetation in the lower section of the property.

<img alt="First look: Blood Diamond Group unveils riverfront apartment plans for Toorak Pavilion" data-entity-type="file" data-entity-uuid="ed3bf19b-5bc7-482f-bde7-41f709a13c3a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Toorak%20pavilion%20b.png?VersionId=SG_kBGu4rOaSPY8FtVcmPJfSCrstuOfg" />

Architecturally, the building adopts strong horizontal forms with expansive glazing and curved balcony edges facing the river. Planning documents note the upper levels “adopt a receding form” to ensure the building responds appropriately to the Yarra River environs overlay controls.&nbsp;

The surrounding streetscape is characterised by large contemporary homes embedded into the hillside, many presenting as modest one or two-storey forms to the street before expanding toward the river frontage below. The planning report notes this established pattern heavily influenced the massing strategy for Toorak Pavilion.&nbsp;

Until the recent sale of the landmark Clendon Road mansion Coonac for around $130 million, St Georges Road held the state's most expensive home, the $80,000,088 derelict "Ghost House" mansion that was bought by crypto king Ed Craven.&nbsp;

Blair House, also on St Georges Road, sold for $74.5 million in 2022.

First look: Toorak Pavilions slated for dress circle St Georges Road

Six months after a development site on Kangaroo Point’s Shafston Avenue sold for $6.55 million, plans have been lodged for a 23-storey apartment tower.

A company named JMT Mega Capital, understood to be interstate investors when the 1,222 sqm double block traded late last year through Patona Property, is proposing an 84-apartment development in place of the existing low-rise buildings.

The slender tower at <a href="https://www.apartments.com.au/new-apartments/212-220-shafston-avenue-east-brisbane-qld-4169">212–220 Shafston Avenue</a>, overlooking the Brisbane River, has been designed by <a href="https://www.apartments.com.au/architects/aplus-design-group">Aplus Design Group</a>. It will comprise a mix of one-, two- and three-bedroom apartments above six basement levels, topped by rooftop resident amenities.

<img alt="First look: 23-storey Kangaroo Point tower planned for Shafston Avenue riverfront precinct" data-entity-type="file" data-entity-uuid="7e17ba9e-553e-42ef-92b6-22081671521a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/podium_3.png?VersionId=hlVUf99vrOjUs.vhQs0qV0DhOncUy9T8" />

The development has been designed as a vertically articulated tower with recessed balconies, curved façades and planted edges intended to soften its scale within the evolving Shafston Avenue skyline. In the submitted Urban Design Report, Aplus Design Group said the tower had been “shaped with a slender vertical expression, articulated façades, recessed balcony zones, integrated planting and a clearly defined podium relationship, helping to reduce perceived bulk and create a more elegant contribution to the Shafston Avenue streetscape and broader Kangaroo Point skyline.”

The scheme comprises 84 apartments, including 25 one-bedroom units, 34 two-bedroom apartments and 25 three-bedroom residences. A total of 104 car spaces are proposed across six basement levels, including resident, visitor and accessible parking.

Residents will have access to rooftop communal open space and shared amenities, while the development also incorporates deep planting zones and subtropical landscaping throughout the podium and tower levels. The project includes 35 per cent communal space coverage across the site and a 17.5 per cent deep soil zone allocation to support urban greening outcomes.

The application exceeds the mapped building height under the Kangaroo Point Peninsula Neighbourhood Plan and is being assessed under Brisbane City Council’s impact assessment pathway. The design team argues the additional height is supported by the site’s strategic inner-city location, existing high-density zoning, and proximity to transport and employment hubs.

“The design has been developed to make better use of a well-serviced urban site within an established high-density residential setting, while improving the street presentation and overall quality of the public realm interface,” the report states.

<img alt="First look: 23-storey Kangaroo Point tower planned for Shafston Avenue riverfront precinct" data-entity-type="file" data-entity-uuid="1ab44b1e-ff45-4bf3-8da8-8aa0cd79db33" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/site_10.png?VersionId=tSxeGekZOqj1e9g3PEn_yFoC3taKDp3U" />

The proposal adds to a growing pipeline of apartment developments reshaping Kangaroo Point ahead of the 2032 Brisbane Olympic Games, with demand continuing to strengthen for new housing supply in well-connected inner-city precincts.

Mosaic has nearly sold out its under-construction <a href="https://www.apartments.com.au/new-apartments/the-bedford-by-mosaic-16-30-prospect-street-kangaroo-point-qld-4169">The Bedford by Mosaic</a>&nbsp;and <a href="https://www.apartments.com.au/new-apartments/the-carter-by-mosaic-77-linton-street-kangaroo-point-qld-4169">The Carter</a>,&nbsp;while Pikos recently completed <a href="https://www.apartments.com.au/buildings/skye-residences-by-pikos-kangaroo-point-8-river-terrace-kangaroo-point-qld-4169">Skye Residences</a> nearby. Pikos is also delivering <a href="https://www.apartments.com.au/new-apartments/gaia-kangaroo-point-108-lambert-street-kangaroo-point-qld-4169">Gaia</a>, over 230 three- and four-bedroom apartments on Lambert Street.

First look: 23-storey Kangaroo Point apartment tower planned for Shafston Avenue riverfront precinct

Kangaroo Point

A&nbsp;prime corner site in the burgeoning Kangaroo Point area, 58 - 62 Leopard Street is set to become the latest residential offering by renowned developers Aria.

Currently home to Brisbane&rsquo;s iconic event theming and hire company, The Prop House, the group have lodged a development application for the landmark site, adjacent to the Cross River rail and the Olympic stadium.

Soaring 20-levels into the sky, the project will be Aria&rsquo;s latest in a long line of successful collaborations with Rothelowman and RPS Landscape Architects.

<a href="/new-apartments/canopy-house-by-aria-58-62-leopard-street-kangaroo-point"><img alt="" height="1799" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/ariaproperty_group.jpeg" width="1200" /></a> 
Render of the proposed development in Kangaroo Point. Image sourced.&nbsp;

Comprising 98 residences, the project will deliver a mix of two, three and four-bedroom apartments, with vistas of both stretches of the Brisbane River.

Residences will feature balconies that integrate with adjoining internal living areas, through sliding stackable doors on recessed runners, to create large semi-outdoor living areas, as well as high ceilings and permeable facades that allow natural light to penetrate into the building.

Operable windows in every home will help to facilitate cross-flow ventilation, while also providing further opportunity for residents to enjoy the views of their sought-after location.

&ldquo;Our vision was to create a world class development with an enviable architectural form that will assist in the revitalisation of the Kangaroo Point South and Woolloongabba Centre Neighbourhood Plan Areas,&rdquo; said Aria in their development application.

In order to take advantage of the site&rsquo;s significant corner location as both the western gateway into the neighbourhood plan area and an intersection of two key roads, the building has been designed to play the role of a &lsquo;landscaped architectural gateway&rsquo; form, which emphasises the corner setting and arrival into the neighbourhood plan.

&ldquo;We wanted to provide a highly quality and usable public open space that will enhance the pedestrian experience commute to the Gabba, the Cross River rail and the Woolloongabba Bus Station (WBS) precinct.&rdquo;

Over 830 sqm of landscaping is proposed across the site by RPS, including a significant landscape offering within the ground level public open space. In addition to this, there will also be a significant vertical column of mature trees that rise up the full gateway corner of the building.

<a href="/new-apartments/canopy-house-by-aria-58-62-leopard-street-kangaroo-point"><img alt="" height="1056" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/aria_2.jpeg" width="1200" /></a> 
Render of the proposed landscaped greenery embodying the building and communal areas. Image sourced.

This overtly green gesture identifies the precinct as a sub-tropical and sustainable area, acting as a catalyst for future developments in the local area.

The expansive ground floor parkland space will serve as an extension of the footpath creating a significant piece of public realm and the highly articulated built form allows every apartment to engage the outdoors.

The ground level incorporates a range of features, including a large forecourt for gathering and meeting, multiple chill out spaces for relaxation, recreation and refuge, an exceptional standard of urban design including water features, benches and seating, and a prominent feature tree on the corner of the intersection.

The entire 800 sqm rooftop is devoted to communal open space where&nbsp;residents will benefit from a large furnished resident lounge space, outdoor dining areas and barbecue facilities, a pool, spa and terrace lounge area, and unrestricted views of the South Brisbane and the D&rsquo;aguilar Ranges, the Gabba, End, South Bank, Mount Cootha and CBD.

Comprising 98-apartments, the project will deliver a mix of two, three and four-bedroom apartments, with vistas of both stretches of the Brisbane River.



alisonwarters@gmail.com

Aria Property Group lodge plans for Kangaroo Point apartment development

The Brisbane property developer Kenlynn is heading back to Kangaroo Point for its next apartment project.

Following its successful development of Thornclyffe Residences, the redevelopment of the 1880s heritage-listed Thornclyffe House,&nbsp;Kenlynn, has lodged plans for a 15-level project dubbed 130Lambert, just up the road&nbsp;112-130 Lambert Street.

They secured both of the sites late last year for a combined $5.3 million, with the amalgamated sites totaling over 1,200 sqm.

Local architecture firm Ellivo Architects has drawn up the plans for the two and three-bedroom project which will feature contemporary sub-tropical design, incorporating a sequence of landscape components such as&nbsp;streetscape and entries, terrace gardens, and communal rooftop garden.

<img alt="" data-entity-type="" data-entity-uuid="" height="826" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-04-04_at_11.35.02_am.png" width="1594" />

"The overall design aims for an environmental and socially sustainable landscape and an integrated landscape experience with the building architecture and function, activating the site and creating a vibrant precinct and place to live," Kenlynn note on their website.

<a href="/new-apartments/130lambert">130Lambert</a> is set to launch to the market in the second half of 2024.

[smartcode_project:default project_id=145081 project_image_fid=281209]

Kenlynn's development manager, Andrew Travers, said the design is informed by impacts of COVID on how people live and work and attracting residents back to inner city living in apartments which offer generous space, good natural light/ventilation, plus work from home spaces.

"The development includes significant communal recreation and fitness spaces, edible garden, plus meeting/multi-purpose spaces," Travers added.

<img alt="" data-entity-type="" data-entity-uuid="" height="840" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-04-04_at_11.34.54_am.png" width="1638" />

"We have also incorporated dedicated EOT facility for more secure and purpose designed bike storage (noting future KP green bridge) for the increased use of active transport options in the city. We are also looking to incorporate dedicated parcel lockers (including some refrigerated) for online deliveries.

"Further into detailed design we will be looking to incorporate Solar Array for communal power, plus provision for EV charging."

Kenlynn has previously developed townhouse projects in New Farm and Hendra. Late last year they sold the Hendra Bowls Club for&nbsp;$3,575,000.

Kenlynn developed an eight-level, 20-apartment block around Thornclyffe House, a Victorian-style Queenslander well over a century old.

They secured both of the sites late last year for a combined $5.3 million, with the amalgamated sites totalling over 1,200 sqm

Kenlynn set for another boutique Kangaroo Point apartment development

The national property developer, Pellicano, are set to bring something different to the affluent Brisbane riverside suburb, Kangaroo Point.

They're seeking to create Story House, a development of 86 apartments,&nbsp;on the more affordable end of the scale than what Kangaroo Point is generally&nbsp;used to.

There will be a mix of studio, one, and two-bedroom apartments across the nine-level building designed by DBI Architecture, which will be crowned with an extensive rooftop amenity level.

<a href="/new-apartments/kangaroo-point-qld-4169">To keep up to date with the development and its launch, enquire here</a>

<img alt="" data-entity-type="" data-entity-uuid="" height="830" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/pellicano_story_house_kangaroo_point_3.jpg" width="1200" /> 
The exterior of Story House. Image credit: DBI Architecture

That will home a lap pool with a pool deck and spa, a yoga lawn, a dining and barbecue area, and an outdoor gym. 85 per cent of the building's roof top&nbsp;is disposed as recreation areas and gardens, landscape architect RPG Group advise on the development submission.

They described Story House as "mid-century modern meets sophistication in the heart of Woolloongabba and wider area of Kangaroo Point."

<a href="/new-apartments/kangaroo-point-qld-4169">To keep up to date with the development and its launch, enquire here</a>

The Pellicano team identified the area as having considerable growth potential well before the Olympics was announced for Brisbane in 2032. They bought two adjoining 708 sqm Duke Street sites for a combined 1,418 sqm block in 2019 for around $2,875,000 combined.

The site is currently vacant, with the existing character house at 21 Duke Street having been relocated, and the house at 65 Linton Street&nbsp;demolished.

<img alt="" data-entity-type="" data-entity-uuid="" height="718" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/pellicano_story_house_kangaroo_point_1.jpg" width="1200" /> 
The rooftop of Story House. Image credit: DBI Architecture

A stone's throw from The Gabba but in the Kangaroo Point postcode, Story House was designed by DBI who said the building and internal use is broken down to create a base form that scales to the street; a three-story expression that is typical in scale to the historical locality.

"The building offers balconies expressed to offer an overt sub- tropical, outdoor living experience," DBI advised.

"The balconies become a vibrant &amp; playful series of sculptural forms that humanize the suburban building to the street.

"The articulated facade allows for desired breeze flow through all habitable spaces."

<a href="/new-apartments/kangaroo-point-qld-4169">To keep up to date with the development and its launch, enquire here</a>

Story House was described as "mid-century modern meets sophistication in the heart of Woolloongabba and wider area of Kangaroo Point."



First look: Pellicano set for Story House, Kangaroo Point apartment development

The Brisbane-based Pikos Group are set to launch its next apartment project, a striking collection of three towers in the affluent suburb of Kangaroo Point.

The first release of Lambert Street Apartments, to be developed on one of the last remaining vacant sites overlooking the Brisbane River, will see 75 apartments up for grabs, with strong enquiry already fielded by the Pedro Pikos-led developer.

There will be three towers as part of the Lambert Street Apartments, designed by Conrad Gargett Architect and oriented to look across the river to New Farm.

<a href="/new-apartments/gaia-kangaroo-point-108-lambert-street-kangaroo-point">To keep up to date with the development and its launch, enquire here</a>

&ldquo;Lambert Street represents the final chance for a new generation of luxury to rise in Kangaroo Point &ndash; there are no other developable sites left in the area,&rdquo; Pikos said.

<img alt="" height="856" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/stage_1_pikos_lambert_st.jpg" width="604" /> 
The first of the three towers

&ldquo;Interstate developers have been desperately trying to get their hands on developable land in Kangaroo Point, but they&rsquo;re a little too late to the party.

&ldquo;We have always had a huge affinity for Kangaroo Point and this project will present a vanishingly rare opportunity to secure a riverfront residence drenched in the trademark Pikos luxury-touch.&rdquo;

The project is set to rise opposite the highly successful&nbsp;Argyle New Farm, which has underpinned the strength of the central Brisbane market, securing 90 per cent&nbsp;of its sales for $7.75 million, and a penthouse sale at $15.4 million.

<img alt="" height="1672" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/stage_2_pikos_lambert_st.jpg" width="1200" /> 
One of the later release towers

&ldquo;Our appartments will enter the market at a tenth of the price of the Argyle, without compromising on quality or vistas, which is remarkable value for buyers seeking a more affordable entry to riverside living,&rdquo; Pikos added.

Kangaroo Point is one of Brisbane&#39;s most sought-after and tightly held markets for houses and apartments, with little high-rise stock in the pipeline or recently completed.

<a href="/new-apartments/gaia-kangaroo-point-108-lambert-street-kangaroo-point">To keep up to date with the development and its launch, enquire here</a>

Gap Development Sales Director Grant Plummer, who is handling the marketing, said there&#39;s been incredible levels of demand already.

<img alt="" height="1526" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/stage_3_pikos_lambert_st.jpg" width="1200" /> 
Another render of one of the future releases

&ldquo;Kangaroo Point is the location with it all &ndash; it&rsquo;s got proximity, panoramas, and a captivating charm which has cemented it as the pinnacle of city living for the luxury owner occupier market,&rdquo;&nbsp;Plummer said.

&ldquo;The diminishing opportunity for new product in such a coveted location has resulted in an incredible level of demand which we are excited to satiate with our spectacular Lambert Street collection.&rdquo;

Lambert Street is being modelled with the same finishes as Pikos&#39;s&nbsp;Skye apartments, located on just across the bend.

<a href="/new-apartments/gaia-kangaroo-point-108-lambert-street-kangaroo-point">To keep up to date with the development and its launch, enquire here</a>

There will be three towers as part of the Lambert Street Apartments, designed by Conrad Gargett Architect and oriented to look across the river to New Farm

Pikos Group set to launch La Storia, first stage of Lambert Street Apartments in Kangaroo Point

Locals are snapping up apartments in Gardner Vaughan Group’s latest Brisbane apartments, Monterey at Kangaroo Point.

The development, which looks out to Brisbane CBD’s skyline and beyond to the mountains, has seen increased interest from locals searching for properties in a premium location.

[smartcode_project:default project_id=7145 project_image_fid=153948]

With its beautiful tree-lined streets, Mowbray Park, Raymond Park and the Kangaroo Point Cliffs all on your doorstep, the home is set amongst an ideal backdrop.

A local buyer who purchased the four-bedroom, three-bathroom penthouse at Monterey said the home ticks all the boxes.

<blockquote>
“Our family has resided in Kangaroo Point for the past few years, and we love the location!”
</blockquote>

“Monterey offers amazing amenities with the rooftop and pool and gym on level one. The Northern aspect, boutique building and high-quality construction with Cross Laminated Timber [CLT] made it an easy decision to purchase the penthouse”, they said.

The use of radiata pine in the CLT method is an innovative wood product developed in Europe over 30 years ago, according to the developers.

[smartcode_project:default project_id=7145 project_image_fid=153957]

The choice of CLT for Monterey was a carefully considered decision, providing benefits to the construction process and its residents, including high strength-to-weight ratio, low embodied energy and reduced stress impacts.

The renewable resource also sequesters carbon and enhances thermal properties.

“As long-term residents in Kangaroo Point, there is a real shortage of modern, luxury boutique buildings available”, said another local buyer, who purchased a four-bedroom, three-bathroom residence on the sixth floor.

<blockquote>
“The developer has a great track record and we have confidence in them pioneering this new CLT design,” they added.
</blockquote>

Designed by architects Hayes Anderson Lynch, the riverside development features full-height glass, sustainable principles and is the first timber multi-story construction in Kangaroo Point.

Derived from a response to the subtropical climate, the form of the building considers the orientation of the sun, prevailing summer breezes and winter winds.

[smartcode_project:default project_id=7145 project_image_fid=153949]

“Recessed, shaded balconies are skirted by brass perimeter screens that provide both sun shading and added privacy. At the ground floor, the driveway and services are tucked to one side, giving way to the light filled, glazed lobby”, said Hayes Anderson Lynch’s Elizabeth Anderson.

The angles and ribboning of the balustrade design maximises views and delivers a residence that embodies the synergy between design, sustainability and natural beauty.

“Monterey not only offers the North-East aspect and river views, but it affords the privacy and security with fewer neighbours in the building”, a third local buyer said, who is downsizing from their sub-penthouse in Macleay Towers.

Monterey truly encompasses Brisbane’s vision for “buildings that breathe.”

A local buyer who purchased the four-bedroom, three-bathroom penthouse at Monterey said the home ticks all the boxes

max.kwok_55688

Locals snap up Gardner Vaughan Group’s Monterey apartments in Kangaroo Point

Brisbane&#39;s ARIA Property Group have received sign off from the Brisbane City Council to build their Kangaroo Point apartment development&nbsp;which they now dubbed Riviera.

Aria, led by their founder and managing director Tim Forrester, bought three adjoining sites between&nbsp;470 and 480 Main Street&nbsp;in late 2018 and submitted plans to build on the amalgamated 2581 sqm in mid-2019.

There will be 124&nbsp;apartments across the 12 level development, not including the&nbsp;two levels of basement parking.

[smartcode_project:default project_id=93966]

Entry will be through a lush landscaped garden complete with a reflection pond and butterfly walk. On the ground level will be a&nbsp;residential lobby where there&#39;s set to be a cinema and a residents cellar and a terrace with a barbecue.

The rooftop will feature a circular rooftop pool, a green roof covering a wine bar, a number of lawns, a meadow, wellness centre, pool deck and outdoor kitchen.

Architecture firm Bates Smart have designed the building.

They say on their website that their&nbsp;vision was&nbsp;to create a distinctive architecture that captures the uniqueness of the site&rsquo;s clifftop location while maximising river and city views.

<a href="/buildings/riviere-apartments-470-main-street-kangaroo-point"><img alt="" height="672" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/riviera_3.jpg" width="1200" /></a>

&quot;The form draws inspiration from the dramatic natural land form of the Kangaroo Point Cliffs and its angular faceted forms.

&quot;The design responds to the sub-tropical climate and aims to connect internal spaces to the external environment in line with the Buildings that Breathe strategy adopted by Brisbane City Council.

&quot;Landscaping is a key component of the proposal, forming a key feature of the arrival experience and extending through all levels of the building and culminating in a generous communal rooftop.&quot;

The four timber houses that were on the combined site, as well as the two storey office area at the front, are set for demolition.

Condev Construction forecast the works will be complete by August 2022, with the main structure construction beginning in June this year.

There will be 124 apartments across the 12 level development, which doesn't include two levels of basement parking.



Aria Property Group receive approval for new Kangaroo Point apartment development Riviere

<html><body>
Discover the exciting new residential addition to Brisbane’s Kangaroo Point – M Apartments.

From the stunning interior design, to the fantastic central location, these apartments offer you the ultimate lifestyle upgrade from just $410,000*.

There are 46 apartments designed by Red Door Architecture, with three commercial spaces located on the ground floor.

 
[smartcode_project:default project_id=29156]

<h2>What M Apartments has to offer</h2>

<ul>
<li>Ducted air conditioning, timber flooring and Terrazzo floor tiles in bathroom</li>
	<li>Finishes selected by Interior Designer Mary Durack</li>
	<li>Moments to The Gabba, Woolloongabba dining precinct, Brisbane CBD and Valley</li>
	<li>Roof top entertainment deck with incredible full city views</li>
	<li>Close to Ferry and bus connections as well as the new Woolloongabba Cross River Rail station</li>
	<li>Excellent walking and bicycle paths connect South Bank and the City Botanic Gardens at Kangaroo Point</li>
	<li>Gabba stadium nearby</li>
	<li>A stone's throw to award-winning restaurants, cafés, bars and retail boutiques</li>
</ul>
<img alt="" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/m-apartments-699-main-street-kangaroo-point-d4c3198b87841a7f378caa13b7114684.jpg" style="width: 791px; height: 420px;"> 
M Apartments are slated for completion by December this year, so be in quick if you want to secure a brand new home by the new year! Enquire about available apartments today via Urban. 
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urban.com.au

Stunning, spacious apartments at Kangaroo Point from $410,000

Brisbane-based developer Pikos Group has secured approval for Skye Apartments, its $200 million luxury apartment project at Kangaroo Point.

[smartcode_project:default project_id=90059]

Skye Apartments have been designed by the local architecture firm Arkhefield who drew inspiration from the iconic Marina Bay Sands hotel in Singapore, having its own 1,000 sqm Sky Deck featuring a residents&#39; pool deck,&nbsp;a rooftop bar and a restaurant.

There will be just 68 apartments across three towers of up to&nbsp;13 levels on the corner of River Terrace and Main Street. Each building will have just two apartments per floor, with balconies along the River Terrace frontage offering city views.

There will be six penthouses, each with their own private roof terrace. On the ground level of the development there will be a gym, a sub-tropical garden and a separate cafe for the public.

<img alt="" height="672" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/pikos_8_river_terrace_2.jpg" width="1200" />

Brisbane developer Pedro Pikos says the project is aimed at the booming owner-occupier market seeking inner-city living by offering spacious apartments with luxurious interiors and superior finishes.

&ldquo;We have delivered refinements that we believe creates a unique residential offering for the city by combining boutique premium apartment lifestyle with world-class amenities that you&rsquo;d expect in a five-star resort.

&ldquo;The Sky Lounge is the jewel in the crown of this design that will set this development apart for residents and as a Brisbane destination in its own right.&nbsp;

&ldquo;We have delivered refinements that we believe creates a unique residential offering for the city by combining boutique premium apartment lifestyle with world-class amenities that you&rsquo;d expect in a five-star resort.

<img alt="" height="675" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/pikos_8_river_terrace_3.jpg" width="1200" />

&ldquo;Not only will each apartment provide residents superb views of the city, the design is crafted to suit today&rsquo;s modern lifestyle.

&ldquo;Everything is at your fingertips if you choose, or you can remain at home to enjoy the benefits of supreme privacy, a beautiful outlook and unparalleled amenities.&rdquo;

Access to the city and all it has to offer will be enhanced by a new pedestrian bridge proposed to link Kangaroo Point and the Botanic Gardens.

The 2,330&nbsp;sqm site was set to become a Banyan Tree residential community before Pikos Group bought it from the international hotels group.

[smartcode_project:default project_id=6257]

The Pikos development will provide four levels of basement car parking, as well as&nbsp;a port-cochere drop-off point for the public and residents to use.

Pikos has a workbook in Southeast Queensland of $1.3 billion, with a large portfolio in Kangaroo Point which is it believes is shaping up as Brisbane&rsquo;s hotspot.

&nbsp;

&nbsp;

There will be just 68 apartments across three towers of up to 13 levels on the corner of River Terrace and Main Street.


Pikos Group secure approval for $200 million Kangaroo Point project Skye Apartments

Brisbane-based developer Pikos Group is planning a $200 million luxury apartment project on a Kangaroo Point site&nbsp;that will feature a floating 1,000 sqm Sky Deck.&nbsp;With a design inspired by the famous Marina Bay Sands development in Singapore, Pikos will deliver a boutique collection of 68 luxury apartments over three towers, topped by a&nbsp;rooftop bar and restaurant to accompany a private residents&rsquo; pool deck overlooking the city skyline.

The 2,330 sqm landmark site located atop the Kangaroo Point cliffs on the corner of River Terrace and Main Street, was acquired by Pikos Group from international hotels group Banyan Tree. The Singapore-based company, which paid $16.8 million for the site in 2014, had planned a major apartment project on the holding. Pikos has amended Banyan Tree&rsquo;s original single-tower design with plans for three boutique towers of up to 13 storeys on the site.

Designed by Brisbane architectural firm Arkhefield, the project will deliver&nbsp;apartments that span the entire east-west width of each tower, providing uninterrupted views of the Botanic Gardens, the Brisbane River, Storey Bridge and the city, as well as views across to the eastern arm of the Brisbane River to New Farm and beyond. Each building will have two apartments per floor with balconies along the River Terrace frontage.

Plans for the 8 River Terrace site a floating Sky Deck spanning two of the buildings which will feature a world-class restaurant&nbsp;and bar facility that will be open to the general public.&nbsp;

The apartment offering will include six penthouses, each with their own private rooftop terraces. Pikos says the project is aimed at the booming owner-occupier market seeking inner-city living. Ground floor amenities will include a fully equipped gym and a private, secure sub-tropical garden, while a separate caf&eacute; will service both residents and the general public.

The private company has a workbook in Southeast Queensland of $1.3 billion, with a large portfolio in Kangaroo Point which is it believes is shaping up as Brisbane&rsquo;s hotspot. Recent commercial developments include the South Brisbane Health and Wellness centre at Mater Hill. Pikos has lodged a development application with the Brisbane City Council for the 8 River Terrace project and the company plans to begin construction in 2021 once approvals are granted.

[smartcode_project:default project_id=90059]

Featuring a design inspired by the famous Marina Bay Sands development in Singapore, Pikos will deliver a boutique collection of 68 luxury apartments over three towers.

Pikos Group plan $200 million luxury Brisbane apartment project

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One of Brisbane's oldest residences in Kangaroo Point, Silverwells, is seeking expressions of interest.
Enveloped in classic Georgian charm, this heritage landmark property, located at <a href="https://www.propertyobserver.com.au/https://rwnf.com.au/properties/residential-for-sale/qld/kangaroo-point-4169/house/2319903">267 Main Street</a>, was built 1860. 
The four-bedroom, four-bathroom is privately positioned across the Brisbane River from Eagle Street Pier and capitalises on CBD views.
<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/122640-WebRes-WebRes-3.jpg" alt="">
Silverwells offers a powder room, three open fireplaces, home office and private study. 
Other features include the glass mosaic-tiled heated swimming pool and crystal ball chandeliers. 
The National Trust-listed property has been magnificently restored, enhanced by recent improvements such as a riverside pool terrace and substantial four-car basement garage.
Ray White's Matt Lancashire and Josh Brown hold the listing. 
</body></html>

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