A Moroccan-bathhouse residential tower has been unveiled for Budds Beach, with Australian developer <a href="https://www.apartments.com.au/developers/homecorp">Homecorp</a> announcing plans for a $260 million resort-style project in one of the Gold Coast’s most tightly held waterfront precincts.

A development application has been submitted to the Gold Coast City Council for a 27-storey tower at 8-10 Acacia Avenue and 25-27 Oak Avenue, Surfers Paradise, marking one of the few new large-scale residential projects proposed for the precinct in more than a decade.

The project will comprise 156 two- and three-bedroom residences, anchored by a residents-only Moroccan spa-inspired wellness sanctuary featuring private treatment rooms, a traditional Nordic sauna and steam room, hot and cold plunge pools and a curated juice bar. There will also be a resort-style rooftop precinct, complete with a heated infinity pool and spa, a residents’ lounge with a private kitchen and bar, a contemporary fitness centre with a yoga and Pilates studio, and outdoor BBQ areas with entertaining lounges.

<img alt="8-10 Acacia Avenue and 25-27 Oak Avenue, Surfers Paradise" data-entity-type="file" data-entity-uuid="997f8dbb-4ed1-47e4-8780-d12a3d5cd0e9" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Article%20Feature%20Image%20%28Grid%29_3.png?VersionId=IsDJXxE8.HG92i4dnbmmPQi.fVXjME7I" />

"At Homecorp, we are driven by the pursuit of better - challenging expectations, thinking bigger and shaping communities that leave a lasting legacy," said Ron Bakir, CEO and Founder of Homecorp.

"This project draws on our experience and expertise to take what the market has been craving to the next level - a home that nurtures wellness, calms the mind and lifts the everyday stresses away. A home is more than a place you live, it’s where you rest, reset and find balance."

&nbsp;

Bakir says what sets the location&nbsp;apart is its rare, tightly held nature within one of the Gold Coast’s most vibrant lifestyle and entertainment precincts, yet quietly tucked away in a peaceful, beachside enclave.

"Budds Beach has remained exceptionally limited in supply over the past decade and this site presented an unmatched opportunity to deliver something truly special to both Surfers Paradise and the Gold Coast.”

Conveniently connected to major roads and the G:link, residents will enjoy easy access to Surfers Paradise, Broadbeach and Burleigh Heads, while still being just minutes from the city’s most iconic beaches and the Broadwater’s ‘golden mile’.

The 2130 sqm site acquisition adds to Homecorp’s growing Gold Coast multi-storey portfolio on the Gold Coast, following the success of Eve Residences in Labrador upon its completion in November 2024. In 2025, Eve earned multiple national accolades and went on to win ‘Best Oceanview Condo Development’ in the Asia Pacific region at the PropertyGuru Asia Property Awards Grand Final, outperforming entries from more than 13 prestigious international markets.

The company also commenced construction last year on the highly anticipated $250 million second stage of Cienna Varsity Ridge, set to deliver 289 residences by 2027 in the heart of Varsity Lakes, and launched the $210 million Florence Residences along Surfers Paradise’s Monte Carlo Avenue to the market, with construction kicking off last month.

"The property market is constantly evolving, particularly here on the Gold Coast, which continues to outperform national trends thanks to its unmatched lifestyle, natural beauty and growing infrastructure, especially ahead of the Brisbane 2032 Olympics. We are proud to be adding more homes to the skyline, creating spaces that are not only designed for liveability but also nurture wellness within. They are homes that are built to last a lifetime and beyond," concluded Mr Bakir.

The project is set to launch to the market later this year.

Joel Robinson

Homecorp lodges plans for $260 million Moroccan bathhouse-inspired tower in Budds Beach

What began as a leap of faith in the 1970s has evolved into one of the Gold Co​ast's most enduring development success stories. Raptis, now led by second-generation developer Evan Raptis, continues to shape the region's skyline four decades after patriarch Jim Raptis first ventured north from Sy​dney.

Jim Raptis began developing in Sy​dney in his 20s under the guidance of a seasoned mentor. After several successful joint ventures, he sensed untapped potential on the Gold Coast and made the bold decision to relocate. That instinct proved prescient, the Raptis family has contributed thousands of apartments to what was once purely a tourist destination and is now recognised as Australia's lifestyle capital.

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With decades of experience navigating the complex Gold Coast development landscape, Raptis maintains fully vertical integration, from site acquisition and construction through to marketing and sales strategies. This comprehensive approach has allowed the company to weather multiple market cycles and emerge well-positioned for the region's continued growth.

"We've seen the region change drastically over the last two decades, with that change accelerating in the last five years," says Evan Raptis. "The Gold Coast is becoming unrecognisable. There are some exciting projects happening up and down the coast. The Spit is being talked about as Australia's version of Monaco, with billions in development underway."

Unlike the volatile pre-GFC years that rocked the Gold Coast market, Raptis believes the region has matured considerably. "Demand remains strong, but the market is now settled and stable."

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While the company recently completed Pearl Main Beach, an 84-apartment development just 53 steps from the sand, Broadbeach has truly been home for the Raptis family.

"There's nothing Broadbeach doesn't have," Raptis says. "There's always a new café or restaurant coming into the neighbourhood, and the redevelopment of the Niecon Plaza, bringing nearly 5,500 square metres of retail, dining and office space, will only elevate Broadbeach even further."

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The suburb has reached what Raptis describes as a "settled phase" of its evolution, with owner-occupiers and repeat visitors increasingly shaping demand rather than traditional investors.

The company's latest Broadbeach project, Sterling, is now constructed to level 22 and scheduled for handover in June 2026. With approximately 70 per cent of apartments already sold ahead of completion, the development has attracted a distinct buyer profile.

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"We're seeing significant interest from lock-up-and-leave buyers and downsizers," Raptis explains. "Some use the apartments over Easter or Christmas, while others come down from Brisbane on weekends. They aren't your typical 'investors' who will put the apartments up for permanent rental."

Sterling offers prospective buyers a rare advantage: fully completed display apartments showcasing several two- and three-bedroom configurations, something few off-the-plan developments can provide.

With another Broadbeach project in the pipeline, Raptis emphasises that the next chapter is about maintaining standards rather than pursuing growth at any cost.

"We've been building for over four decades, and our track record matters. Our focus remains the same: deliver what we build, stay close to the details, and delivering a finished product that hopefully exceeds our clients' expectations."

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It’s all in the family: Four decades later, Raptis continues to shape the Gold Coast skyline

JWLand has completed the final residential stage of its Lyneham precinct, Northbourne Village, with De Burgh now welcoming residents who have begun settling into their new homes.

A selection of the 350 studio, one, two, and three-bedroom apartments remains available within the two-building <a href="https://www.apartments.com.au/buildings/de-burgh-at-northbourne-village-40-de-burgh-street-lyneham-act-2602">De Burgh</a>, which occupies a prominent position along Northbourne Avenue.

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The apartments at De Burgh have been configured to prioritise natural light, privacy, and usable outdoor space, with ground-floor homes featuring private courtyards and upper-level apartments opening to generous balconies. Double-glazed windows are standard across the development, supporting acoustic comfort and improved energy performance.

Kitchens are fitted with Fisher &amp; Paykel appliances, while all residences include ducted reverse-cycle air conditioning integrated with app-based controls, allowing residents to manage lighting and climate remotely. These inclusions reflect a broader focus on durability, efficiency, and everyday functionality rather than short-term finishes.

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Shared amenity is delivered through a resident gym, rooftop garden, lounge spaces, parcel lockers, and landscaped communal areas that connect De Burgh to the wider Northbourne Village environment.

Nick Babic, Marketing Project Manager at JWLand, said the completion of De Burgh gives buyers a level of certainty that off-the-plan purchases cannot always provide.

“There’s no need to wait or play guessing games. You can come and see the spaces firsthand, and genuinely picture yourself living there today. That includes not only the apartments, but the amenities as well. It’s easy to imagine enjoying a coffee in the central courtyard or spending time with other residents in the lounge.”

The completed status of the project aligns with strong buyer demand for finished stock, particularly among first home buyers, young professionals, and downsizers seeking certainty around timing and cost.

[smartcode_project:default project_id=139989 project_image_fid=356282]

With pricing ranging from $463,000 to $1.588 million, much of the offering sits within reach of buyers looking to enter the Inner North apartment market.

De Burgh’s location underpins its buyer appeal, positioned approximately 600 metres from the light rail and three kilometres from Canberra’s CBD, with direct access to <a href="https://www.apartments.com.au/developments/lyneham-act-2602">Lyneham</a> wetlands, Sullivan’s Creek parkland, and the established hospitality and retail precincts of Lyneham and Dickson.

[smartcode_project_cta:default project_id=139989]

Canberra's newest apartment building: JWLand completes De Burgh at Northbourne Village

One of Victoria’s largest private developers, Central Equity, has commenced construction on Palmera, its $1 billion luxury residential development at Northcliffe on the Gold Coast, appointing Tier 1 builder Multiplex to deliver the project.

The fast-track to construction is being undertaken ahead of Central Equity officially launching the project to market.

The company says the move reflects its confidence in both the calibre of its offering and the Gold Coast’s long-term fundamentals, underpinned by one of Australia’s strongest growing economies, continued population growth and sustained infrastructure investment.

A diversifying employment base across health, education, professional services and tourism has helped insulate the local economy from volatility, while limited new supply in established coastal locations continues to support demand from owner-occupiers and downsizers seeking long-term lifestyle value.

<a href="https://www.apartments.com.au/new-apartments/palmera-residences-18-garfield-terrace-surfers-paradise-qld-4217">Palmera</a> is being constructed in the prestigious Northcliffe residential neighbourhood on an expansive 3,239 sqm site. It is located at 18 Garfield Terrace near the Northcliffe Surf Life Saving Club and the patrolled Northcliffe surf beach, situated between Broadbeach and Surfers Paradise.

[smartcode_project:default project_id=108274 project_image_fid=361249]

Offering a mix of spacious three-bedroom apartments over 52 levels, Palmera is designed to deliver a full suite of premium residences to buyers looking for the ultimate coastal lifestyle that the Gold Coast has to offer.

The project’s premium apartments will deliver northern views across the Surfers Paradise beachfront and extending all the way around to Burleigh Heads and beyond.

Palmera will be crowned by its top four levels, being a limited collection of penthouses and skyhomes that further elevate the residential offering through generous proportions and uninterrupted panoramic views.

[smartcode_project:default project_id=108274 project_image_fid=361246]

The appointment of Multiplex as the builder represents a major milestone for Palmera and cements Central Equity’s commitment to the Gold Coast after delivering more than 85 residential projects over the past four decades. It will be the 20th project collaboration between Central Equity and Multiplex.

“The commencement of construction at Palmera marks a major milestone for the project, with Tier 1 builder Multiplex appointed to deliver the development in the highly sought-after Northcliffe residential precinct on the Gold Coast,” said Central Equity Executive Director Karl Kutner.

“Our commitment to commence immediate construction is in line with our resounding confidence in the Gold Coast over the long term. The city has evolved and proven to be one of Australia’s most dynamic and resilient property markets in recent years.”

[smartcode_project:default project_id=108274 project_image_fid=361250]

Multiplex, one of Australia’s largest builders, has been shaping skylines and delivering iconic projects around the world since 1962. In that time, the Tier 1 global contractor has delivered projects with a combined value of more than US$130 billion.

“Having worked with Multiplex on many previous developments, we are pleased to be extending our relationship further with Palmera,” Kutner added.

“Multiplex brings an unparalleled depth of experience to ensure that Palmera fulfils the vision we have laid out for this strategic location and is delivered to the highest standards,” he said.

Multiplex Regional Managing Director Michael Sinclair said Multiplex was delighted to be aligning with Central Equity yet again.

“Central Equity is creating a stunning new addition to the Gold Coast skyline, and we look forward to bringing their vision to life with a world-class construction team and program. We are proud to be working alongside Central Equity on our 20th project together.”

Palmera has been designed by Marchese Partners, with interiors by DBI.

[smartcode_project:default project_id=108274 project_image_fid=361247]

Residents will have private access to extensive, state-of-the-art amenities, featuring two large pools including a generously scaled, family-friendly pool with safe shallow zones, and a 25-metre lap pool facing the western side, ensuring maximum sunlight all day.

Also available exclusively to residents is a sauna, magnesium pool, yoga studio, expansive gym, resident lounge, outdoor BBQ and dining areas. Residents will also be welcomed by concierge and luxurious entry foyer.

Located on Garfield Terrace in Northcliffe, Palmera enjoys a prime coastal position just moments from the patrolled Northcliffe beach and the G:link light rail, providing effortless connectivity along the Gold Coast’s beachfront suburbs, linking the Gold Coast University Hospital in the north with Nobby beach and Burleigh Heads to the south once the extension completes later this year.

[smartcode_project_cta:default project_id=108274]

Central Equity unveils Palmera on Garfield Terrace, Surfers Paradise

The idea of a low-maintenance forever home located close to the city were the two driving factors behind a recent purchaser’s journey at Murcia, the under-construction East Brisbane apartment development by Sarazin.

Last year, Lois and her husband purchased a two-bedroom plus multi-purpose room (MPR) apartment in the new building, which is being constructed by Hutchinson Builders and is on track for completion in late-2027.

[smartcode_project:default project_id=135094 project_image_fid=341638]

The couple’s number one priority was to remain within easy commuting distance of the city for work. Murcia is positioned alongside the new Cross River Rail, with Woolloongabba Station just 300 metres from the front door.

They are currently living in their Annerley unit, which they have owned for several years, after recently moving out of their inner-city apartment, located on the very same street as Murcia.

“We had watched the development for a long time, and when construction activity began, that’s when we felt confident to buy,” Lois said.

[smartcode_project:default project_id=135094 project_image_fid=356540]

The timing also made sense. By moving back into their Annerley unit, they are able to save money ahead of settlement, while looking forward to returning closer to the city once Murcia is complete.

“We see Murcia as a forever home, as opposed to an investment, or something we need to appreciate massively in value and move on from in a few years,” Lois said.

“We secured an apartment large enough to grow a family, so we’re expecting to call Murcia home for a very long time.”

The couple plan to grow their family, but without the added maintenance demands of owning a standalone house further from the city. Working with Sarazin and architect HAL, they were able to slightly tweak the floorplan, converting the two-bedroom plus MPR layout into a functional three-bedroom apartment.

An added bonus was the recently revised communal space plans, which now incorporate a dedicated working-from-home area, complete with work pods, and shared desks.

“It means the third bedroom doesn’t have to become a part-time office and part-time bedroom,” Lois said, adding that residents have the benefit of working from home without actually being inside their apartment.

The rooftop wellness amenity was another standout compared to living in an established complex or a house. A signature feature of Sarazin developments, the rooftop will include a full gym, hot and cold plunge pools, a steam room and sauna, and a hotel-style pool with cabanas.

[smartcode_project:default project_id=135094 project_image_fid=214682]

Buyer journeys can vary significantly, from purchasing in the established market to buying new, or choosing between houses and apartments. Lois said they knew immediately that buying off the plan was right for them.

“We wanted something new, with less maintenance, and we weren’t quite ready to make the full financial leap straight away. The timing and deposit structure gave us the flexibility we needed.”

Designed by HAL Architects and inspired by the Spanish city of Murcia, the development takes a Mediterranean-influenced approach to architecture and landscaping, with a strong emphasis on shared spaces.

“The design feels considered, the amenities support how we actually live, and the location keeps us connected to the city without feeling right in the middle of it.”

Murcia is Sarazin’s second development in the area, following the completion of Silk One just up the road in 2022. They have several more projects coming to market in Woolloongabba ahead of the 2032 Brisbane Summer Olympics.

[smartcode_project_cta:default project_id=135094]

Close to the city, built for the future: Inside a growing family’s move to Murcia in East Brisbane

Lindfield

A groundbreaking ceremony has recently been held at the $180 million Lindfield project, Balfour Place, signifying the beginning of construction with demolition works wrapping up.&nbsp;

Australian developers Third.i, in conjunction with joint venture partner Phoenix Property Investors, are behind Balfour Place, which will comprise 59 apartments on top of 4,500 sqm of retail and hospitality spaces, including a brand new Coles supermarket.

The project launched in April 2022, selling out within a matter of weeks. Construction is expected to be complete by January 2025.&nbsp;

It recently won the Best Mixed Use Development of The Year at the&nbsp;2022 PropertyGuru Asia Property Awards.

[smartcode_project:default project_id=112016 project_image_fid=194989]

On the award win, Luke Berry, Third.i. Co-Founder, said the development had struck a chord with the Lindfield community.&nbsp;

“Balfour Place is truly at heart of what we do and a true example of how we’re building communities by listening to the needs of the market,” Berry said.

“The level of design and architecture has been carefully curated and I think it’s struck a chord with buyers who have recognised that we had larger living spaces on offer in an idyllic location with lifestyle amenities on your doorstep.

“It truly will be a legacy destination for the area and we couldn’t be more thrilled to commence construction."

[smartcode_project:default project_id=112016 project_image_fid=194990]

Australian builder Conquest has been appointed as the project builders, with Balfour Place adding to their project portfolio which includes the Crowne Plaza Sydney Burwood, The Greens Strathfield, La Luna Burwood and Soho Burwood.

First home buyers and young families are among those set to call Balfour Place home.

With a collection of one, two, three and four-bedroom residential apartments, residents will benefit from private courtyards and a shared rooftop garden space to be built on top of a brand new large format Coles supermarket.The Coles grocery hub will be double the size of the existing store and will include a Liqourland and heritage commercial space fronting the Pacific Highway.

Over 230 car parking spaces will also be available spanning across two levels.

The apartments were reduced from 70 to 59, after Third.i's research suggested there was more appetite for larger apartments.

[smartcode_project_cta:default project_id=112016]

The project launched in April 2022, selling out within a matter of weeks. Construction expected to be complete by January 2025

alisonwarters@gmail.com

Construction commences at Thirdi's sold-out Lindfield apartments, Balfour Place 

Following its full project sell-out amid commencing construction just last month, Third.i’s $180 million project, Balfour Place has taken home the win for two awards at this year’s PropertyGuru Asia Property Awards.

The Lindfield project was officially named the Best Low Rise Mixed Use Development of 2022 along with receiving the country award for Best Mixed Use Development (Australia) in the grand final.

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The award-winning project sold over $100 million in sales in its launch weekend alone, shortly securing the final sales thereafter to achieve its sell-out status.

After conducting market research and listening to the needs of the community, Third.i reduced the number of apartments on its development application as there was high demand for spacious living arrangements.&nbsp;

As a result, apartment numbers were dropped from 70 to 59, with the residences set to sit atop a new 4,500 sqm Coles Supermarket, a cafe and a heritage building that will be restored and leased as a commercial office space and beauty offering.

Balfour Place comprises a collection of one, two, three and four-bedroom apartments with sweeping views to the south-west, topped by a residents-only rooftop garden with communal facilities and a central podium courtyard with fresh greenery.

Construction crews have now kick-started works to bring the award-winner to fruition, with Australian builder Conquest appointed to the build, with completion slated for November 2024.

[smartcode_project:default project_id=112016 project_image_fid=194987]

Third.i. Co-Founder, Luke Berry said Balfour Place is a prime example of how the group is building communities that align with the needs of the market.&nbsp;

“The level of design and architecture has been carefully curated and I think it’s struck a chord with buyers who have recognised that we had larger living spaces on offer in an idyllic location&nbsp; with lifestyle amenities on your doorstep," he said.

“It truly will be a legacy destination for the area and we couldn’t be more thrilled to commence construction,” concluded Berry.

Balfour Place comprises a collection of one, two, three and four-bedroom apartments with sweeping views to the south-west, topped by a residents-only rooftop garden with communal facilities and a central podium courtyard with fresh greenery.

Balfour Place named best mixed-use development at PropertyGuru Asia Property Awards

Construction on Lindfield’s latest destination by developers Third.i, in conjunction with joint venture partner Phoenix Property Investors, has officially kick-started works this week, following a full project sell-out as demand for larger living spaces continues to grow.&nbsp;

Demolition crews have moved in on the $180 million Balfour Place site, set to bring 59 apartments to Sydney’s Upper North Shore, which will be grounded by an urban oasis comprising over 7,091 sqm of retail and hospitality spaces.&nbsp;

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The project has been met with a swarm of eager buyers looking to secure their slice of Lindfield, acquiring over $100 million in sales since its launch to market earlier this year. The project, which is set to be built on the existing Coles supermarket site, is estimated to fast-track the development timeline, with construction expected to be completed by November 2024.&nbsp;

Australian builder Conquest has been appointed as the project builders, set to bring Balfour Place to life, adding to an impressive project portfolio of over 2,000 properties, including the Crowne Plaza Sydney Burwood, The Greens Strathfield, La Luna Burwood and Soho Burwood.

Third.i. Co-Founder, Luke Berry said Balfour Place has struck a chord with the Lindfield community and surrounding areas, with the project accommodating the growing need for spacious living.&nbsp;

“Our project provides larger living spaces in an idyllic location with lifestyle amenities at your doorstep,” Berry said.

“We’re proud to announce a project sell-out and that we’ve fast-tracked construction to help meet market demands. Conquest, who are well renowned for delivering buildings of exceptional quality, have been bought on board to deliver Balfour Place.”

[smartcode_project:default project_id=112016 project_image_fid=194987]

“It truly will be a legacy destination for the area and we couldn’t be more thrilled to commence construction,” concluded Berry.&nbsp;

The latest offering will comprise a collection of one, two, three and four-bedroom apartments with private courtyards and a shared rooftop garden space to be built on top of a brand new large format Coles supermarket.

The Coles grocery hub will be double the size of the existing store and will include a Liqourland and heritage commercial space fronting the Pacific Highway, overlooking the Blue Mountains. Over 237 car parking spaces will also be available spanning across two levels.

[smartcode_project_cta:default project_id=112016]

Australian builder Conquest has been appointed as the project builders, set to bring Balfour Place to life, adding to an impressive project portfolio of over 2,000 properties, including the Crowne Plaza Sydney Burwood, The Greens Strathfield, La Luna Burwood and Soho Burwood.

$180 million Lindfield residences, Balfour Place commences construction amid project sell-out

North Sydney&rsquo;s latest luxury apartment project by developer&nbsp;Third.i and Phoenix Property Investors (PPI), has knocked over sales of 58 of its 59 apartments at its weekend launch, securing close to $100 million in sales in just three days amid scarce supply and increasing demand for larger living.

Only one apartment remains up for grabs as eager buyers pounced on the $102 million Balfour Place, following a flood of enquiries from the local market and over 300 appointments booked in during the VIP launch weekend.

After receiving over 1500 plus enquiries last month, the remaining apartments are projected to be snapped up quickly.

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The project, which is set to be built on the existing Coles supermarket site, will be grounded by an urban oasis encompassing over 7091 sqm of retail and hospitality space, in a bid to help ease the increasing demand for larger apartment living, adding to Third.i&rsquo;s growing portfolio of quality developments tailored towards meeting the needs of the market.

Third.i&rsquo;s Co-Founder and Director of Sales and Marketing, Luke Berry, said the sales result is indicative of Lindfield&rsquo;s much needed revitalization, off the back of skyrocketing interest for larger apartment living.

&nbsp;

&ldquo;We are just absolutely ecstatic with the sales result our team procured over the weekend. It&rsquo;s a true testament to the quality of the project, the calibre of our consultants and we couldn&rsquo;t be happier,&rdquo; said Berry.

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&ldquo;Each floor plan is tailored to cater to that need of larger living spaces we&rsquo;re seeing in the industry now and is clearly in scarce supply. When we began working on the design brief with PPI and Coles Group, we immediately identified there was an opportunity to improve the residential elements of the development application to re-imagine the apartment layouts to create a mix of much larger apartments not typically seen in developments of this size.&rdquo;

&ldquo;We truly wanted to tap into that need for larger living spaces for downsizers and young families and we couldn&rsquo;t be happier to have finally shared what we&rsquo;ve created with a new breadth of buyers this weekend. With Balfour Place, you will have everything you need at your doorstep. To be just a lift ride away from fresh food and produce, a barista brewed coffee and your favourite bottle of wine is the epitome of apartment living and that&rsquo;s exactly what we will be delivering with this project,&rdquo; he added.

[smartcode_project:default project_id=112016 project_image_fid=194987]

Marking the fourth joint venture project between Third.i and PPI, the latest luxury offering will comprise a collection of one, two, three and four-bedroom residential apartments with private courtyards and a luxe rooftop garden to be built on top of a brand-new large format Coles supermarket; which will be double the size of its existing predecessor, a Liqourland and heritage commercial space fronting the Pacific Highway and overlooking the Blue Mountains.

Construction of the DA approved site is well underway with the second stage of construction due to start in July/August this year, off the back of Third.i&rsquo;s proposal to reduce the number of apartments from 70 to 59, in an effort to deliver less impact on neighbours and the wider community.

Third.i’s Co-Founder and Director of Sales and Marketing, Luke Berry, said the sales result is indicative of Lindfield’s much needed revitalization, off the back of skyrocketing interest for larger apartment living.



Third.i's Balfour Place in Lindfield nets record sales weekend

The Sydney property developer Third.i, along with their joint venture partner Phoenix Property Investors, are joining forces with Coles Group to create Balfour Place, a mixed-use precinct in Lindfield on Sydney&#39;s lower north shore.

The mixed-use residential, retail and commercial precinct will span over 7,000 sqm and will see 62&nbsp;apartments built on top of a&nbsp;large format Coles supermarket,&nbsp;Liquorland, caf&eacute;, and a heritage commercial space fronting Pacific Highway.

Residents having access to a private courtyard and rooftop gardens.

It&#39;s the third time Third.i and PPI have worked together, having previously had huge success at the luxury Kurraba Residences, as well as the commercial precinct Blue &amp; William in North Sydney.

<img alt="" height="900" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/balfour_third.i_3.jpg" width="1200" />

Thirdi Group Director &amp; Co-Founder, Luke Berry, said that his company and PPI were thrilled to be working alongside Coles Group, community stakeholders and Ku-ring-gai Council to finalise a shared vision for the site before a planned sales launch of the project later this year.&nbsp;

&ldquo;When Third.i started working with Coles, we quickly identified there was an opportunity to improve the residential elements of the DA, so with the support of Coles and award-winning architects Rothelowman, we re-imagined the apartment layouts and created a mix of larger apartments, perfect for the downsizer and young families we see as the likely purchasers of our apartments,&quot; Berry said.

Third.i&rsquo;s proposal is to reduce the numbers of apartments from 70 to 62 to offer more space to residents and deliver less impact on neighbours and the community. Third.i is finalising their modification of the existing DA and plan to submit to council in early October and start the second stage of construction in the 1st quarter of 2022.

Stage 1 of construction has already commenced with Coles Group managing the realignment of Balfour Lane at the rear of the proposed site before handing over the delivery of the mixed-use development to Third.i.&nbsp;

&nbsp;

<img alt="" height="900" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/balfour_third.i_2.jpg" width="1200" />

CBRE has been appointed as the lead agent to market the development and sales director, Ben Stewart said that exceptional convenience will underpin Balfour Place residences, with location amongst its strongest selling points.

&ldquo;The latest offering by Thirdi Group has it all in terms of proximity to a train station and quality schools, as well as being positioned in a highly coveted north shore suburb, where new apartment developments are scarce, particularly for downsizers,&rdquo; Stewart said.&nbsp;

&ldquo;Our market research has indicated that demand for high-end, conveniently located new apartments in the area is strong, with almost all initial inquiries coming from local residents.&nbsp;

&ldquo;Further to this, studies show that &lsquo;shop top&rsquo; developments like Balfour Place achieve an average 16% premium on prices compared to suburb averages so we see this project offering a similar dynamic to purchasers that secure an apartment early in the launch.

&ldquo;As with all Thirdi Group projects, the utmost consideration will be placed on delivering luxuriously appointed, high-end residences with beautifully landscaped gardens and an outstanding lifestyle offering and this is what purchasers should expect with Balfour Place.&quot;

CBRE's Ben Stewart said that exceptional convenience will underpin Balfour Place residences, with location amongst its strongest selling points.



Third.I to partner with Coles and PPI for mixed-use Lindfield development, Balfour Place

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A $12 million Lindfield listing comes with an indoor slide from its three upstairs bedrooms to the rear open foyer.
Offers close with McGrath on October 29 for the Luigi Roselli designed offering.
The Mackenzie St home with its internal stainless steel slippery slide next to its staircase was rebuilt after its $3.7 million sale in 2013 to the Johnson family.
<img src="https://www.urban.com.au/images/2020/10/9/Lindfield%202.png" alt="">
It is owned by Lucie Johnson.
Set in 3,115 sqm Dangar Baron Smith-designed gardens, the five bedroom home was constructed through rammed earth, behind a Federation facade.
The living and dining zones are separated by a two way Cheminess Philippe fireplace, and there's sandblasted Levante Marble floors and underfloor heating throughout.
<img src="https://www.urban.com.au/images/2020/10/9/lindfield%203.png" alt="">
In the grounds is a built in barbecue and pizza oven, a swimming pool with accompanying poolside gym and a veggie garden. 
There's approved plans for rear self-contained accomodation.
It has had 2,466 page views in its first day on the realestate.com.au website.
The home sale will almost double Lindfield’s $6.75 million residential house price record which Ray White agent Lisa Davies recently set on nearby Northcote Rd.
 
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$12 million Lindfield home with indoor slippery slide from upstairs bedrooms to foyer

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On Friday night Ray White Upper North Shore agent Lisa Davies broke the Lindfield suburb record with the sale of 9 Northcote Road to an overseas buyer in Hong Kong after an inspection via Facetime.
The five bedroom grand Federation property sold within two weeks of Ms Davies putting it online, having last traded for $4.45 million in 2008.
“There is such a limited amount of stock on the market but there’s definitely a lot of buyers looking. You simply cannot sell a secret,” Ms Davies said.
“You have to put it out there if you are selling. There’s huge demand from overseas buyers right now. This is the second property over $6 million that I have sold in the last three weeks to an overseas buyer. There’s a huge appetite for high end prestige homes."
The record breaking sale has now broken the top residential sale record in the suburb of Lindfield which stood at $6 million.
The Lindfield sale comes on the back of a similar successful campaign. Less than three weeks ago, Ms Davies sold a multi-million dollar house in nearby Killara, sight effectively unseen, to a buyer in Taipei via a Facetime inspection.
“After many hours on the phone over the Easter weekend I negotiated a sale price of $6.3 million for 23 Elva St Killara which was well above where the vendors thought the property may sell and reflective of prices we were seeing earlier in the year.”
The 1903 Lindfield home is set high in a prestigious east-side setting, which offers a spectacular lifestyle with proportions of living that are reserved for only the most remarkable of residences.
With its gated entry and substantial 1707 sqm block, pool and tennis court, the home is beautifully finished.
Bespoke interiors feature every luxury extra including a gym, wine cellar and decadent whole floor master retreat.
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Federation Lindfield trophy home sold over the phone at record breaking price

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A Lindfield renovated Federation home in an east side walk to rail position is set to go under the hammer on August 26.
The 1913 home has been listed by Scott Farquhar and Toby Markos from McConnel Bourn Lindfield.
Set on a 1190 square metre of level land, <a href="https://www.realestate.com.au/property-house-nsw-lindfield-128972274" target="_blank">14 Dangar Street</a> comes with four to five bedrooms, family room integrated with kitchen, living with fireplace, alfresco entertaining area, and media lounge.
Additional features include soaring decorative ceilings, timber floors, corbel archway, tiled pool and spa, and established level gardens and lawns.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/8/20/lindfield%202.jpg" alt="">
It is within walking distance to Lindfield rail for easy commute to city and private schools, and a stroll to Newington Prep, local shopping and Swain Gardens.
The suburb's median house price sits at <a href="/news">$2.73 million</a>, according to CoreLogic.
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Renovated Federation in Lindfield to go under the hammer

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Poly Australia secured deposits on 30 of 67 apartments offered last weekend in Lindfield in their highly anticipated boutique development, Tilia by Poly.
The apartments in the heart of the north shore suburb were popular among local buyers, particularly downsizers, said Poly Australia sales and marketing director Jay Carter. 
“For a small scale luxury suburban development, there has been considerable interest," said Carter,
The three bedroom apartments at Tilia by Poly start at $1,630,000 and have sold well, he said.
<img src="https://polyglobal.com/wp-content/uploads/2017/10/IMG_3532-1024x683.jpg" alt="" width="640" height="427" data-lazy-loaded="true">
It is Poly Australia's third Sydney project, which will include a garden for exclusive use of residents.
The development is a mix of 67 apartments, including three townhouses designed by award winning PBD Architects.
Located on Milray Street and within a short walking distance from Lindfield Train Station, and surrounding cafes and restaurants, Tilia by Poly was offered by the newly launched Poly Agency.
<img src="https://polyglobal.com/wp-content/uploads/2017/08/Secret-Garden-Angle-4-Final_CYMK_LIGHTENED2.jpg" alt="" width="759" height="949" data-lazy-loaded="true">
Poly Australia has acquired a new site in the suburb of Kogarah in Sydney's south, with plans for a residential development of approximately 100 apartments.
The site was an amalgamation of six residential houses in the priority precinct of Kogarah North.
It recently celebrated the official topping out at Poly Horizon in Epping.
It has also lodged its development application for its site in Bankstown.
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Three bedroom units selling well at Tilia by Poly

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Developer Greaton has purchased three adjoining land parcels in Sydney's North Shore suburb of Lindfield with a total size of 9,120 sqm.
Development approvals for 43 luxury townhouses and two free-standing homes esigned by Sydney architects Rothelowman on the site, 16 – 18 Beaconsfield Parade, have been lodged.
Council approval for stage one is expected in the second quarter of 2017. The development is expected to cost over $100 million.
 Nicho Teng, managing director of Greaton said they saw this site as a great opportunity to enter the exclusive North Shore market.
“Downsizers and young growing families from the North Shore area are expected to primarily purchase in this project," he said.
"It is our view that luxury townhouses will appeal to these markets as they are looking for something larger than apartment living and also enjoy private courtyards and gardens.
“It made smart business sense to expand the company’s presence into the North Shore area which is well established. We are currently creating beautiful liveable communities across Australia.
"The Lindfield development further expands our growing property footprint in Sydney. We are looking for more investment opportunities in the area.”
Stage one is expected to be released in Spring 2017.
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