Investors may soon find themselves with fewer reasons to buy established property and more incentives to look towards the new apartment market.

Proposed changes to negative gearing and capital gains tax concessions would see new and off-the-plan apartments retain access to the tax benefits, while established properties would miss out, creating a clear advantage for buyers purchasing newly built housing.

The policy direction aligns with what many developers have been saying for several years. Australia needs more housing supply, and governments are increasingly looking for ways to encourage investment into new stock rather than existing homes.

The challenge for investors is that suitable product is becoming harder to find.

For much of the last decade, one-bedroom apartments were the cornerstone of investor demand. They offered a lower entry price, strong rental appeal, and were a common feature across most apartment developments.

Today, the development pipeline looks very different.

Across both New South Wales and South East Queensland, developers are increasingly targeting owner-occupiers and downsizers, delivering larger two, three and four-bedroom apartments in response to changing buyer preferences. While one-bedroom apartments still exist, they now form a much smaller portion of many new projects.

That shift has created a shortage of investor-friendly stock, particularly in well-located projects close to transport, employment hubs and lifestyle amenity.

At the same time, rising apartment prices have pushed many new developments beyond the reach of traditional investors. On the Gold Coast and across South East Queensland, it's becoming increasingly difficult to find new apartments priced around the $1 million mark, particularly those offering strong rental fundamentals and long-term growth prospects.

We've rounded up four new apartment developments where investors can still secure a foothold in the market for around $1 million or less.

<h2 data-end="1140" data-start="844">Flourish Soleira</h2>

<h2>Priced from: $1.07 million</h2>

Popular Palm Beach developer Sherpa is soon to officially launch its newest local apartment development, Flourish Soleira.

The one-bedroom apartments in the building were only offered to first home buyers rather than investors, and all of those have been snapped up. The two-bedroom apartments will start from $1.07 million, and the three-bedrooms, still a good investment given the popularity of Palm Beach for owner-occupiers, starting at $2,045,000.

&nbsp;

[smartcode_project:default project_id=150017 project_image_fid=370964]

Flourish Soliera will comprise 153 apartments across two buildings, connected by a skybridge, the first ever delivered in the suburb.

True to Sherpa's booming Flourish brand of apartment projects, Flourish Soleira will have extensive rooftop amenity across both buildings including a&nbsp;wellness centre with gym, work from home, yoga, pilates, a&nbsp;heated pool, private dining rooms, pizza oven and barbecues, basketball court, and golf simulator.

<h2>Corallo, Palm Beach</h2>

Priced from: $841,500

Nearby Flourish Soleira is Changfa Group's beachfront-inspired Corallo development. They still have some one-bedroom apartments remaining, priced from $841,500.

The 105-apartment project on Palm Beach Avenue is otherwise dominated by larger two and three-bedroom residences, many of which are aimed at owner-occupiers and downsizers.

[smartcode_project:default project_id=112194 project_image_fid=808]

For investors, the appeal lies in Palm Beach's continued transformation from a laid-back beachside suburb into one of the Gold Coast's most sought-after residential markets. Residents at Corallo will be within walking distance of Palm Beach's surf beaches, the recreational amenity of Tallebudgera Creek, and the increasingly popular collection of cafes, restaurants and boutique retailers along the suburb's central dining precinct.

<h2>Corner House, Stones Corner</h2>

<h2>Priced from: $880,000</h2>

One of only two Brisbane apartment developments to make the list with prices under $1 million is DeMartini Fletcher's Corner House development in Stones Corner.

One-bedroom apartments start from $880,000 within the 88-apartment development, providing investors with exposure to one of Brisbane's most established inner-south locations.

[smartcode_project:default project_id=149098 project_image_fid=330594]

Stones Corner has long been supported by strong tenant demand due to its proximity to major employment and education destinations. The suburb sits less than five kilometres from Brisbane's CBD and is within easy reach of the Princess Alexandra Hospital, Greenslopes Private Hospital, Queensland Children's Hospital and several university campuses.

The project's location within a walkable urban village environment, surrounded by retail, dining and public transport infrastructure, continues to attract both professionals and healthcare workers seeking accommodation close to work.

Parkdrive Apartments, Chermside

Priced from: $749,000

The most affordable apartments across Brisbane's new and off the plan market are in Chermside where developer AusDev is selling one-bedroom apartments from $749,000, and two-beds from $929,000, at its recently launched Parkdrive development.

The development is strategically positioned in one of Brisbane's largest employment and retail precincts, placing residents within easy walking distance of Westfield Chermside, The Prince Charles Hospital, St Vincent's Private Hospital Northside and the suburb's major bus interchange.

[smartcode_project:default project_id=152125 project_image_fid=363782]

Already under construction and scheduled for completion in early 2028, Parkdrive benefits from Chermside's ongoing evolution into Brisbane's northern metropolitan centre. The suburb continues to attract significant public and private investment, supporting population growth and underpinning long-term rental demand.

For investors focused on yield and tenant depth, the combination of healthcare, retail and transport infrastructure within close proximity provides a strong foundation for occupancy and rental performance.

Joel Robinson

Investors to turn to new apartments after Federal Government changes spark hunt for Queensland's best $1 million apartments

A mix of Gold Coast locals, fly-in, fly-out purchasers from Sydney and Melbourne, and Brisbane-based families has driven early sales success at Broadbeach's newest apartment tower, Lumara.

The 26-level project, a joint venture between builder-developer 5Point Projects and Bourke Projects, comprises just 37 luxury residences and is attracting a buyer profile that is looking for exclusivity, above the most amenity-rich suburb on the Gold Coast.

[smartcode_project:default project_id=150454 project_image_fid=364156]

Jamie Bourke, Director of Bourke Projects, says every buyer secured so far intends to use Lumara as a lock-up-and-leave residence, combining holiday use with the ability to work remotely when required.

“The size of the apartments, both half- and full-floor options, and the different zones within the floorplans, lends itself perfectly to dedicated home office setups and multi-generational family holidays,” Bourke says.

That flexibility has become a key drawcard for affluent buyers seeking a second residence on the Gold Coast without sacrificing the ability to conduct business away from their primary home base.

The absence of holiday letting within the building has also resonated strongly with purchasers.

“This type of buyer doesn't need to generate holiday rental income,” Bourke says. “They're paying for exclusivity, privacy and certainty around who their neighbours are.”

[smartcode_project:default project_id=150454 project_image_fid=366491]

The strong demand comes amid broader shifts in the high-end apartment market following the Federal Budget announcements in May.

“We were already seeing strong enquiry from high-net-worth buyers, but that has only accelerated since the policy changes,” Bourke says.

“A lot of those buyers are looking to place more capital into premium lifestyle assets rather than investment-grade stock that has been targeted by the Federal Government.”

[smartcode_project:default project_id=150454 project_image_fid=366486]

Designed by Cottee Parker, Lumara adopts a slender, sculpted form with an emphasis on natural materials suited to its beachfront setting. The architectural approach draws on coastal influences, with a palette of stone, timber and concrete selected for durability and the ability to weather over time.

Apartments are limited to three and four-bedroom configurations, with a maximum of two residences per floor through the mid-levels and a selection of full-floor and dual-level homes in the upper levels. All apartments are oriented to the north to maximise natural light, cross-ventilation and views across the ocean, city skyline and hinterland.

A two-level amenity offering is positioned high within the building on levels 20 and 21, conceived as a sky wellness retreat. Facilities include a magnesium pool, spa, sauna and steam rooms, alongside more social spaces such as a private dining room, resident lounge, workspaces and outdoor barbecue areas integrated with landscaped greenery.

The uppermost levels are reserved for larger-format residences, including several full-floor homes and a dual-level penthouse with its own private wellness features and recreational spaces.

&nbsp;

To give buyers confidence, 5Point and Bourke commenced construction ahead of the apartments launching to the market, a sure-fire way to prove they mean business, and the building will be delivered. They are targeting a 2028 completion date.

[smartcode_project_cta:default project_id=150454]

Locals, interstate holiday makers, drive early sales at Lumara, Broadbeach's newest luxury apartment tower

Often when it comes to purchasing property, the biggest barrier to entry is the deposit. Buyers of established homes typically aim for a 20 per cent deposit to avoid the added cost of Lenders Mortgage Insurance, while most property transactions require around a 10 per cent deposit when contracts are exchanged.

The off-the-plan market works differently, with buyers typically paying a deposit during construction and settling the balance upon completion. As completion approaches at <a href="https://www.apartments.com.au/new-apartments/fabbrica-fitzroy-369-gore-street-fitzroy-vic-3065">Fabbrica Fitzroy</a>, developer <a href="https://www.apartments.com.au/developers/pace-development-group">Pace</a> is making it easier for buyers to secure a residence through a deposit-matching incentive. Purchasers need only contribute a five per cent deposit*, with Pace matching the remaining five per cent.

The offer comes as Pace unveils a completed display apartment and townhouse, now available for inspection by appointment ahead of the project's Spring completion.

[smartcode_project:default project_id=139552 project_image_fid=371009]

Designed by <a href="https://www.apartments.com.au/architects/sjb-architects">SJB</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/winwood-mckenzie-architecture">Winwood Mckenzie</a> and landscaping by <a href="https://www.apartments.com.au/landscape-architect/acre">Acre</a>, Fabbrica draws on Fitzroy’s industrial and manufacturing history, incorporating references to the former Argyle Shirt Factory and Life Savers Confectionery Company that once occupied the site.

The development comprises 85 residences, spanning low-maintenance apartments through to larger-format townhouses with private street access and double lock-up garages, a relatively uncommon offering in Fitzroy’s higher-density apartment market.

Pace says the project has been designed to appeal to buyers seeking inner-city convenience without sacrificing space, flexibility, or amenity.

[smartcode_project:default project_id=139552 project_image_fid=371016]

Inside the residences, Winwood Mckenzie has focused on adaptable layouts and integrated detailing, with features including custom joinery, and concealed storage solutions. The material palette leans into warm, tactile finishes intended to complement the building’s industrial architectural language.

Fabbrica’s rooftop amenity is a key part of the project offering. Spanning around 800 sqm, the communal rooftop includes a private dining room, communal kitchen, lounge spaces, work-from-home zones, and outdoor dining areas overlooking the Melbourne CBD skyline.

[smartcode_project:default project_id=139552 project_image_fid=371017]

Landscape architecture studio Acre has introduced a layered rooftop garden designed to soften the urban setting while creating a more communal environment for residents.

The Fitzroy location also positions residents within walking distance of Brunswick Street, Smith Street, parks, cafés, galleries, and public transport, while remaining only minutes from Melbourne’s CBD. The project has an enviable Walk Score of 96.

[smartcode_project:default project_id=139552 project_image_fid=371025]

Pace, which is also delivering the project as builder, has developed more than 100 projects across Melbourne over the past three decades. The vertically integrated approach has become increasingly common among developers seeking greater control over construction delivery amid broader market pressures affecting the apartment sector.

The strikingly contemporary Gore Street development is now around 70 per cent complete, with purchasers expected to move into their new homes in Spring 2026. A limited number of residences remain available under the current deposit match offer.

*Conditions apply in relation to the deposit match offer.

[smartcode_project_cta:default project_id=139552]

Pace offers five per cent deposit match at Fabbrica Fitzroy ahead of Spring completion

Sydney developer Hyecorp's roots on the Lower North Shore stretch back three generations, and that deep understanding of the market continues to shape where and how it develops today.

From high-rise towers to boutique apartment projects, the family-run developer has built its reputation by focusing on a part of Sydney it knows intimately. Founded by Michael Abolakian in the early 1990s, Hyecorp is now led by his sons Stephen, Troy and Patrick.

Stephen Abolakian, joint managing director alongside Troy, has spent more than two decades in the business, overseeing development, planning, finance, marketing and sales.

Abolakian says the developer's disciplined focus on where it chooses to operate has been, and continues to be, one of Hyecorp's greatest strengths.

“We know the buyer profile exceptionally well,” Abolakian says.

“The demographics between places like Willoughby, Chatswood, St Leonards and Roseville are very similar. There are nuances between suburbs and projects, but culturally and from a buyer perspective, there’s a strong overlap.”

That buyer has historically been overwhelmingly owner-occupier driven.

Unlike many Sydney apartment developers that have traditionally relied heavily on investor demand, Hyecorp’s projects have typically attracted downsizers, upsizers, rightsizers and family owner-occupiers seeking long-term homes rather than short-term investments.

“Historically, investors have been a much smaller portion of our demand profile,” Abolakian says.

“We design for owner-occupiers. We don’t design for yield, we design for comfort, amenity, family living and long-term usability.”

That philosophy extends well beyond apartment layouts.

From landscaping and communal gardens to shared amenities and circulation spaces, Hyecorp’s developments are designed around how people actually live, something Abolakian believes has become increasingly important in Sydney’s apartment market.

“There was probably a period where having an approved project in market was enough,” he says.

“There wasn’t as much competition and if you built it, buyers would come. That’s no longer the case.”

“There’s more supply in the pipeline now, particularly with TOD precincts and low and mid-rise reforms opening up opportunities across Sydney. Buyers have more choice, so if you get the product wrong, they’ll simply go elsewhere.”

[smartcode_project:default project_id=110379 project_image_fid=311393]

The shift has forced developers to become more sophisticated in how they approach apartment design, particularly as owner-occupier expectations continue to rise.

For Hyecorp, that means thinking beyond who the buyer is today and designing for who they may become in five or 10 years' time.

“People buying now often aren’t moving in for several years,” Abolakian says.

“You might have a young couple buying today, but by the time they move in they may have children, older children, or changing lifestyle needs. You’ve got to think about how families evolve.”

That thinking also shapes Hyecorp’s approach to amenity, which positions wellness at the forefront.

[smartcode_project:default project_id=149594 project_image_fid=362634]

While resort-style facilities have become increasingly common marketing tools across Sydney apartment developments, Abolakian says the challenge is ensuring amenities are genuinely usable and appropriate for the scale of the project.

“If amenities are done right, they can materially improve the living experience,” he says, adding however that if you&nbsp;overdo it or get it wrong, you can end up with facilities nobody uses that simply create ongoing strata costs.”

That balance is something Hyecorp is aiming to strike with projects like Roseville Avenue, one of the group's upcoming Lower North Shore developments, which Abolakian describes as bringing a resort-style living experience into a metropolitan setting.

“It’s about creating something that feels special without being excessive,” he says.

“Good gardens, quality apartments, thoughtful amenity. Creating that resort feeling in a metro location.”

<img alt="Hyecorp" data-entity-type="file" data-entity-uuid="13c4c0f3-b1b7-44cf-9344-0b3d1d07797a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-02%20at%2012.14.57%E2%80%AFPM.png?VersionId=9OLWjyj2bYkDV35F78WJnyMSPfc2bJ2z" />

The focus on owner-occupier product comes as Sydney’s apartment market continues to navigate a difficult development environment.&nbsp;For Hyecorp, maintaining an in-house operating model across construction, sales, marketing and development management has become increasingly important in navigating that environment.

“We’ve always believed in keeping a lot of the process in-house,” Abolakian says.

“It creates efficiencies, but it also creates quality control. You can make faster decisions and ensure the end product stays aligned with the original vision.”

Despite the challenges, Abolakian believes demand for quality owner-occupier apartments across Sydney remains strong beneath the surface, particularly across established Lower North Shore suburbs where downsizers continue to seek new housing options close to existing communities.

“There are definitely people waiting,” he says.

“Once some of the broader uncertainty settles, whether that’s the global environment or some of the local economic noise, I think the right projects will perform very strongly.”

Hyecorp currently has three residential developments on the market across Sydney’s Lower North Shore.&nbsp;Audrey, St Leonards, positioned opposite Newlands Park, is nearing completion and preparing to welcome its first residents, with the project now almost sold out.

Hyecorp has also recently launched&nbsp;<a href="https://www.apartments.com.au/new-apartments/celine-chatswood-37-archer-street-chatswood-nsw-2067">Celine Chatswood</a>, an architectural tower, while continuing to deliver&nbsp;<a href="https://www.apartments.com.au/new-apartments/juliet-roseville-64-pacific-highway-roseville-nsw-2069">Juliet Roseville</a>, a more boutique scale of development with just 34 apartments.

Why Hyecorp continues to back Sydney's Lower North Shore apartment market

South East Queensland’s apartment market is entering a new phase defined by rising prices, constrained affordability, and mounting pressure on the construction pipeline, according to RPM Group’s latest SEQ Apartments &amp; Townhomes Market Report.

The May 2026 report highlights a widening divide between what buyers can afford and what developers can viably deliver, with detached house prices continuing to push more buyers toward apartments across Brisbane, the Gold Coast, and the Sunshine Coast.

RPM says Brisbane’s median house price has reached around $1.5 million, accelerating the shift toward higher-density housing as buyers are increasingly priced out of the detached market.

[smartcode_project:default project_id=135094 project_image_fid=356540]

Median unit prices rose across all three major SEQ markets in the March quarter. Brisbane City recorded the strongest annual growth, with median unit prices climbing 21 per cent to $862,000, while the Gold Coast reached the highest overall median at $950,000, up 17 per cent year-on-year. The Sunshine Coast followed at $870,000, representing annual growth of nine per cent.

RPM noted the affordability gap between houses and units remains significant, with detached homes commanding premiums of 67 per cent in Brisbane and 68 per cent on the Gold Coast relative to apartments.

The report suggests this price disparity is increasingly consolidating buyer demand within the apartment market, particularly among downsizers and owner-occupiers.

“Demand is real. Supply is moving. But they’re operating on different timelines and the gap between what’s being built and what buyers can afford is the defining tension in this market right now,” RPM Queensland and NSW Managing Directors Peter Neale and Clinton Trezise said in the report.

[smartcode_project:default project_id=150787 project_image_fid=366230]

While approvals and commencements are strengthening, RPM argues the delivery pipeline remains constrained by construction costs, labour shortages, and extended build timelines.

Apartment approvals across Queensland increased 86 per cent over the year to February 2026, reaching 12,682 approvals, the highest level recorded since 2016. Brisbane overtook the Gold Coast as the state’s most active apartment approval market, with nearly 5,000 apartments approved over the past 12 months.

Unit commencements also strengthened considerably, rising 48 per cent year-on-year to 5,453 commencements in the December 2025 quarter, the highest level since 2018.

However, RPM’s research found apartment delivery timeframes have expanded sharply compared to the previous cycle. Projects are now averaging around 30 months from approval to completion, compared to roughly 20 months a decade ago.

[smartcode_project:default project_id=143932 project_image_fid=367515]

The number of units under construction has climbed to approximately 31,530 dwellings, nearing the previous 2016 peak, though projects are remaining in the pipeline for considerably longer.

Construction costs continue to weigh heavily on feasibility. RPM found the average apartment construction cost in Greater Brisbane reached $630,000 per dwelling in 2025, exceeding both Sydney and Melbourne. Coastal Queensland markets, including the Gold Coast and Sunshine Coast, were even higher at an average of $817,418 per apartment due to the prevalence of larger premium product.

The report also points to increasing pressure from Olympic-related infrastructure spending ahead of Brisbane 2032, with labour competition expected to intensify over the next several years.

[smartcode_project:default project_id=150017 project_image_fid=370960]

ANZ Associate Director of Property Daniel Gradwell said the underlying demand drivers across South East Queensland remain strong, supported by interstate migration, downsizers, and population growth.

“The challenge is bringing enough supply to market to meet that demand, and nothing on the horizon makes that straightforward,” Gradwell said.

RPM’s analysis found the affordability challenge is becoming more pronounced in the new apartment market itself, with only three per cent of surveyed new apartments priced below $1 million.

Instead, the market is increasingly concentrated in higher price brackets, with the most common new apartment price band across SEQ sitting between $1.5 million and $1.75 million. Around half of all new apartment stock surveyed is priced below $2 million.

The report suggests developers are not necessarily avoiding lower price points by choice, but because current construction economics make delivering affordable apartments increasingly difficult at scale.

Rental conditions also remain tight across the region. Median rents for one-bedroom apartments rose 12 per cent in Brisbane over the past year to $580 per week, while Gold Coast one-bedroom rents increased nine per cent to $630.

Despite rising rents, RPM noted bond lodgements have generally trended downward over the past five years, indicating more apartments are being absorbed by owner-occupiers rather than retained as investor-held rental stock.

Looking ahead, RPM expects projects targeting the mid-market owner-occupier segment between $1.25 million and $2 million to remain the most viable part of the market, while premium projects in highly constrained coastal or riverfront locations continue to attract demand.

“Construction costs are rewriting the feasibility rulebook across Greater Brisbane, and with little relief in sight, only projects in the right price band, right location, and with presales secured early will make it through,” the report concludes.

SEQ apartment demand outpacing affordable supply as construction timelines stretch: RPM

Lower North Shore

The&nbsp;Peter Campbell-led development group, Lindsay Bennelong is one step closer to bringing their Crows Nest development, Delano to fruition, appointing a builder to the project.&nbsp;

The group has sought the work of Bondi-based construction company, Ultra Building Co, with the group behind a number of residential and commercial developments across the Eastern Suburbs, including the 1788 Residences and North Shore in Double Bay, as well as The Balmoral Collection in Mosman.

Located on the fringe of Crows Nest village, Delano pays homage to the Art Deco architecture that is prolific in the area while showcasing contemporary innovation.

[smartcode_project:default project_id=134072 project_image_fid=212760]

The development features three boutique buildings set amidst landscaped gardens, consisting of one, two and three-bedroom apartments, as well as an exclusive collection of just seven townhomes.

Celebrated architecture firm, AJC Architects has taken charge of the project's design, which features&nbsp;timeless aesthetics that are brought to life through the use of robust and enduring materials such as steel and face brickwork.

The buildings are distinctly characterised in response to their street frontage and local heritage items, with stepped forms and landscaped terraces that avoid overshadowing while offering a transition between the nearby commercial centre and conservation neighbourhood.

The development's centrepiece is a five-storey tower that steps down to three-storeys along Falcon Street, with the three-storey townhouses fronting Hayberry Lane.

All the residences are optimised for natural light and cross-ventilation and feature energy and water-efficient fixtures and fittings. The communal lobbies and corridors are naturally ventilated and lit, and there is bicycle parking for residents and visitors.

Herringbone engineered timber floors, plush broadloom carpet, and deluxe Miele kitchens, with natural stone benchtops and integrated fridges, are just some of the features residents can expect to enjoy, while the spacious balconies, rooftop terraces, or private courtyard gardens will offer a seamless transition between indoor and outdoor living.&nbsp;

[smartcode_project:default project_id=134072 project_image_fid=212756]

Upper-level apartments will benefit from leafy views over North Sydney or Mosman, while a communal grassed lawn and gardens with seating and barbecue areas provide the perfect outdoor space for relaxation.

Sustainability was another key consideration throughout the design process, with site-wide water harvesting systems in place along with a reuse system.&nbsp;

Residents of Delano will enjoy a short five-minute stroll to the forthcoming Crows Nest Metro Station, which is due to open in 2024, the same time Delano is due for completion.&nbsp;

They'll also be just a 400 metre walk to Woolworths and just three-minutes from Crows Nest Village's lively cosmopolitan culinary scene.

[smartcode_project_cta:default project_id=134072]

alisonwarters@gmail.com

Builder appointed to Lindsay Bennelong Crows Nest development, Delano

Construction has commenced on the Lower North Shore's latest residential development, The Newlands.&nbsp;

Based in Hong Kong and Australia,&nbsp;Top Spring Australia has appointed DASCO as its construction partner, with early works and demolition commencing on site. The project is expected to start to come out of the ground toward the end of 2023.

Bordered by absolute park front on three sides, the 1.26-hectare masterplanned community in St Leonards is embracing an "inner-city tree-change" lifestyle says Colliers Director Daniel McMahon, where established green spaces will connect with a central 5,700 sqm green spine and 1,500 sqm of communal rooftop amenity.&nbsp;

[smartcode_project:default project_id=24509 project_image_fid=203623]

One, two and three-bedroom apartments are on offer at The Newlands, in addition to three-bedroom garden terraces, designed by&nbsp;multidisciplinary design firm, Bates Smart, in collaboration with landscape architects, Arcadia.

The highly-anticipated development&nbsp;is set to roll out in stages, revitalising a well-selected pocket of the area and breathing new life into the community.&nbsp;

Nestled between Marshall Avenue, Canberra Avenue, Park Road, and River Road, the masterplan is strategically positioned, with Newlands Park providing a picturesque backdrop to the east. The location boasts a rare mix of urban conveniences and natural splendour, with the lush bushland stretching beyond River Road, cascading down to the serene Sydney Harbour.

While the masterplan will welcome new households to the tightly-held area, there's a grander Council plan in the works, thanks to the St Leonards and Crows Nest 2036 Plan.&nbsp;

Community infrastructure will get an upgrade, while green spaces were fundamental in the design vision. New pedestrian and bicycle pathways will be incorporated, along with the expansion of Newlands Park, childcare facilities, cafes and pocket parks.

[smartcode_project:default project_id=24509 project_image_fid=203622]

Comprising five low-rise buildings, 329 residences will be constructed across the site along Canberra Avenue, with the lines between exterior and interior set to be blurred.&nbsp;

Stage one of the development is selling now, with prices for a one-bedroom apartment priced from&nbsp;$815,000. The two-bedders start from&nbsp;$1,295,000, while the three-bedroom garden terraces come in at&nbsp;$2,705,000.&nbsp;

[smartcode_project_cta:default project_id=24509]

The highly-anticipated development is set to roll out in stages, revitalising a well-selected pocket of the area and breathing new life into the community. 

Construction commences on Top Spring's St Leonards masterplan, The Newlands

Hyecorp's latest apartment development Audrey, has been purposefully designed to cater for every buyer demographic.

First home buyers have shown significant interest in the entry-level apartments, which start from $860,000, due to the extra multi-purpose rooms on offer.

The two and three-bedroom apartments each also have a multi-purpose room. The two-bedders start from $1.45 million and three-bedroom apartments from $2.15 million.&nbsp;

The inclusion of multi-purpose rooms in every apartment was a conscious effort from Hyecorp to offer more than what is on offer elsewhere in the area. Potentially even acting as a second bedroom, the MPR is primarily targeted at those who are still frequently working from home, and want a separate office room away from their every day living space.&nbsp;

Construction at the Canberra Avenue site, across the road from Newlands Park, is set to commence this month, with the prominent lower north shore developer targeting a mid-2024 completion date.

The St Leonards tower will home 80 apartments across 12-storeys, with local architecture group SJB on board to handle the architecture.&nbsp;

[smartcode_project:default project_id=110379 project_image_fid=198685]

Some of the one-bedroom plus multi-purpose-room apartments offer a car space, and start from $975,000. They have over 60 sqm of open plan living space, where residents will be able to enjoy an amplified sense of space that seamlessly flows from indoor to outdoor living.

The two-bedroom residences have 105 sqm of internal living space.

The multi-purpose room offerings provides buyers with an additional space in their homes, suited to all lifestyles, with the room fit to be utilised for a multitude of options including as a separate study space, a nursery or a guest bedroom.&nbsp;

[smartcode_project:default project_id=110379 project_image_fid=208406]

Positioned in the heart of the home, the kitchens feature pull out pantries, along with a spice rack and Miele appliances, including a fully integrated refrigerator and dishwasher.&nbsp;

Bespoke joinery extends from the kitchens into the open plan living by incorporating a built in entertainment unit and integrated storage.

Buyers will also be able to customise each apartment if they purchase before construction commences later in the month, with Hyecorp’s point of difference, the Live your Way service, which offers buyers a five-hour consultation with the group’s Interior Designer in which they can customise their home.&nbsp;

[smartcode_project:default project_id=110379 project_image_fid=192150]

Taking inspiration from five-star resorts, Audrey will also be home to a suite of residential amenity, including an onsite day care and cafe.&nbsp;

Crowning the tower will be a resident’s rooftop, complete with barbecue facilities, dining room, personal training studio, music room, cinema, a pool and a spa.&nbsp;

[smartcode_project_cta:default project_id=110379]

The multi-purpose room inclusion drawing buyers to Hyecorp's St Leonards apartment development, Audrey

Known for its harbourfront houses and foreshore parks, the lower North Shore is home to some of Sydney’s most exclusive and sought after suburbs.&nbsp;

Once covered in dense forest where no one wanted to live, the area today has transformed into its leafy spectacle, enjoying a tranquillity that almost seems out of place amongst the bustling city.&nbsp;

With the area holding so much appeal, we’ve wrapped up the top apartments currently selling in the lower North Shore.

<h2>Audrey, St Leonards 
Developer: Hyecorp</h2>

Inspired by the lush, green landscape of Newlands Park, Hyecorp’s apartment development, Audrey lands in the heart of St Leonards.&nbsp;

[smartcode_project:default project_id=110379 project_image_fid=205547]

Located at 13 Canberra Avenue, the 12-storey Audrey has been inspired by the timeless classicism of New York, with SJB handling the designs of the one, two and three-bedroom apartments.&nbsp;

A number of buyers have taken to the St Leonards project, amalgamating apartments to increase floor space, as the trend continues to boom in the property sector.&nbsp;

The built form of Audrey uses vertical forms with raw and tactile materials to form layers of contrasting elements, playing with light and shade to create a visual distinction between levels and residences.

[smartcode_project:default project_id=110379 project_image_fid=192151]

Expansive proportions are enhanced by panoramic windows, which fram the surrounding vistas, while sculpted balconies and terraces are home to cascading gardens and planters enhancing the indoor-outdoor, as well as providing sweeping views to the park and Sydney city skyline.

Throughout each apartment, expansive proportions are enhanced by panoramic windows, which frame the surrounding vistas whilst drawing in natural light.

The project also delivers a number of curated communal spaces, reminiscent of luxury hotels around the world, with high-level amenity a signature of Hyecorp’s.&nbsp;

[smartcode_project:default project_id=110379 project_image_fid=198680]

The expansive sky garden terrace benefits from views across the Sydney skyline and beyond, complete with wood-panelled lounges and dining space, surrounded by lush verdant landscaping, with Audrey also including a pool, spa, training studio, private dining room, music room and a cinema.&nbsp;

<h2>The Lawson Terraces, Naremburn 
Developer: WINIM</h2>

Just a few townhomes remain in WINIM's&nbsp;Naremburn development, The Lawson Terraces.&nbsp;

The&nbsp;wide, north-facing townhomes comprise three-bedroom floorplans with two separate living areas.

[smartcode_project:default project_id=31908 project_image_fid=189116]

On the edge of the natural landscape, the Terraces work with the landform, taking advantage of the sweeping northern exposure and views.

The renowned architecture firm, Rothelowman were tasked with designing the residences, which feature verdant internal courtyards, connecting the project even further with the environment.&nbsp;

The combination of an internal courtyard and atrium garden provide a lightness and fluidity to the homes, while blurring the line between indoors and outdoors.

The ground floor design of the townhouses provides an additional living room overlooking the internal light-well, which can be tailored to suit individual needs and lifestyle. The adaptable space could be transformed into a home office, cinema room, gym, guest accommodation or an informal living room.

[smartcode_project:default project_id=31908 project_image_fid=189111]

The remaining townhouses form part of a wider community, with residents to benefit from a landscaped communal garden with direct access to a reserve, along with a pergola-shaded barbecue area, manicured lawns, and a sustainable orchard garden framed by fruit trees.

Construction is currently underway on The Lawson with completion slated for the early months of next year.&nbsp;

<h2>Tierra, Willoughby 
Developer: WINIM</h2>

The group's 16-home Willoughby project, Tierra has a limited number of opportunities remaining as well.&nbsp;

Located at&nbsp;1-5 Warners Avenue, Tierra is currently under construction with over 90 per cent sold.&nbsp;

[smartcode_project:default project_id=106741 project_image_fid=190776]

WINIM engaged Rothelowman again to design their project, with the Spanish-inspired townhouses comprising a mix of three and four-bedroom floorplans.&nbsp;

Rothelowman's vision was to&nbsp;create a collection of individual homes defined by their detail, layered materiality and strong connection to the outdoor spaces.&nbsp;

While respectful of the area’s heritage and history, Tierra reflects the contemporary evolution of Willoughby.

The architecture and interiors are seamlessly unified by soft curves, while the façade takes on white brickwork and render, which interplays with rich bronze accents.

[smartcode_project:default project_id=106741 project_image_fid=190786]

A gatehouse and sweeping entrance create an impressive arrival, while shady communal gardens and wide pathways bring a sense of calm and greenery to the site.&nbsp;

Located on the edge of a hillside where Willoughby transitions into leafy Castlecrag, Tierra’s district and tree-top views enhance its relationship to its setting, with nature a clear focus throughout the development.&nbsp;

<h2>Haven, Northbridge&nbsp; 
Developer: Blanc Black</h2>

Located within one of Sydney’s most exclusive conclaves comes Haven Northbridge.&nbsp;

The Blanc Black development launched to the market earlier in the year, delivering the only new apartment opportunity in the exclusive Middle Harbour suburb.&nbsp;

[smartcode_project:default project_id=113058 project_image_fid=201941]

Blanc Black Director Luke Kim said the vision for Haven was to capture the essence of living with nature.&nbsp;

“The natural amenity of Sailors Bay Creek and the majestic trees provide a tranquil setting for simple yet sophisticated residences. What we have curated here is more than just property - it’s a lifestyle,” Kim said.&nbsp;

The group engaged architecture firm 3EM Architects to work with interior designer Richards Stanisich and landscaper Dangar Barin Smith to create the 11 apartment project, just across the road from Shore Playing Fields.

[smartcode_project:default project_id=113058 project_image_fid=203560]

Comprising a mix of two and three-bedroom apartments, each of the homes will either open to a landscaped garden courtyard or deep balconies, with brick planter boxes which compliment the overall architecture design.&nbsp;

3EM were inspired by the local nature surrounding the Eastern Valley Way site, in an exclusive haven within Northbridge, which inspired the name.

[smartcode_project:default project_id=113058 project_image_fid=201942]

The amenity was one of the key drivers, everything from cafes and restaurants, to some of Sydney's best schools, as well as the Northbridge Golf Course, Northbridge Sailing Club and Northbridge Baths.

<h2>Nine by Mirvac, Willoughby 
Developer: Mirvac&nbsp;</h2>

ASX-listed Mirvac has also taken to the Lower North Shore recently, delivering a hybrid community to Willoughby.

Nine by Mirvac is located on the grounds of the former Channel Nine studio, with the group dolling out nearly $250 million for the 3.2 hectare site.

[smartcode_project:default project_id=93788 project_image_fid=186245]

442 apartments will be delivered across the entire community, released in various stages across a number of buildings, with Overture and Montage selling now.&nbsp;

Set alongside leafy Laurina Square and facing the public parkland, Overture is surrounded by greenery.&nbsp;

Standing eight-storeys high, the boutique offering features a range of predominantly two and three-bedroom residences, many with district views, while single level garden residences have generous landscaped courtyards and their own private entry.

[smartcode_project:default project_id=93788 project_image_fid=186244]

Montage expresses an air of playful exuberance with its lower levels featuring crafted brick in shades of dappled cream, creating a striking contrast to deep bronze balcony detailing.

The residences within the seven-storey building range from open plan one-bedders to a large north facing penthouse featuring a butler’s pantry, wine fridge and bar.&nbsp;

[smartcode_project:default project_id=93788 project_image_fid=192981]

Adding to its urban appeal, parcel and food delivery lockers are located within Montage and retail is located on the plaza level, in addition to a concierge desk within the impressively large lobby, dialling up the cosmopolitan convenience of the community.&nbsp;

Renewal of the former home of broadcasting will deliver over 6,500 sqm of open space to residents and the Willoughby community, with parks, gardens, a lawn for active play, sheltered barbecues and a children’s playground all penned for the site.&nbsp;

With the area holding so much appeal, we’ve wrapped up the top apartments currently selling in the lower North Shore.



The top five developments selling on Sydney’s Lower North Shore

The Chinese property developer Megland is set for its next Sydney apartment development.

With a reputation for high rise mixed use developments in China and having previously been involved in Vista in Chatswood, Megland has filed plans for a collection of residences in Wollstonecraft on Sydney’s Lower North Shore.&nbsp;

The group have amalgamated a 2,348 sqm site across 3-5 Morton Street,&nbsp;where they’ll deliver a total of 29 apartments designed by Surry Hills-based architects PBD.&nbsp;

Reflecting the local market demand, 20 two-bedroom apartments will be on offer in the four-storey building, along with nine three-bedders. &nbsp;

Wollstonecraft is characterised by a predominantly medium to high density residential area within a moderately steep, tree-lined street. Most of the existing buildings comprise low-rise, post-war flat buildings and townhouses which are set across gentle sloping and undulating sites.&nbsp;

Considering the materiality of the existing neighbourhood, the project will feature a consistent base material of face brick to respond to the surrounding context, while building articulations are clearly defined in the facade, creating the appearance of two separate buildings when viewed from Morton Street.&nbsp;

<img alt="Render of the Wollstonecraft development " data-entity-type="file" data-entity-uuid="d34b010f-a994-4acc-a322-19c584f16dd0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-11-22%20at%204.11.14%20pm.png?VersionId=SUpdRLbH48WFy48Qny7.mt92oXaOXju4" />

The facade will incorporate fluted precast concrete elements, paired with clear glass balustrades, metal bronze finishes and high brick curved blade walls. The upper level penthouse apartment will also be crowned with a bronze-toned metal cladding to create a material contrast to the overall mass and effectively reduce the scale of the height of the building.

A close collaboration with renowned landscape architects Site Image has resulted in a &nbsp;further synthesis of building design and its natural surrounds. A majority of the existing trees within the boundary interface to preserve privacy between neighbours, while the courtyard apartments benefit from perimeter planting which help the development merge with the leafy locale.&nbsp;

Taking advantage of the north-facing aspect of the building, all apartments have generous balconies positioned to flow from primary living spaces and take advantage of orientation and outlook

Located 900 metres west of the North Sydney CBD and just over one kilometre from North Sydney station, residents will be within proximity to everyday essentials, in addition to being able to easily access the greater metropolitan area.&nbsp;

[smartcode_project_cta:default project_id=136853]

The group have amalgamated a 2,348 sqm site across 3-5 Morton Street, where they’ll deliver a total of 29 apartments 

First look: Megland Group lodge plans for next Sydney apartment development

When COVID reached Australia in early 2020 and the country was plunged into lockdown, the uncertainty of the economy had both buyers and developers wanting to see how the next few months, and even years, played out.

Not the diversified property developer WINIM, who used the time to reassess and refine their business strategy. The decision to turn unknown into opportunity is now paying them back in spades.

Justin Kuiters, who set up WINIM in 2011 alongside Josh Leahy after working together on Top Ryde, Australia's largest mixed-use project, said when the TV's were flashing red, they acted.

"We didn't believe the doomsday reports and acted, probably in the opposite direction" Kuiters, a former director at Multiplex, told Urban.

"We doubled down on sites, in a slightly more targeted area, deliberately staying clear of some of the larger scale, middle and outer ring areas and totally focusing on our key 10-15 suburbs.

"Now we have 12 projects either in market, at development application stage, or nearly ready to submit." Nine of the 12 projects are premium Lower North Shore residences.

<img alt="WINIM" data-entity-type="file" data-entity-uuid="1bd90146-7be9-4240-9082-9e57563de124" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202022-11-16%20at%2011.46.36%20am.png?VersionId=a4sjErLHKmWFuf_bnJAO3IS36vTD1vfD" /> 
WINIM Joint Managing Directors, Justin Kuiters, left, and Josh Leahy, right

Kuiters says they identified a chronic undersupply of boutique, large apartments and mid-sized residential which target both the rightsizer and the downsizer. The majority of buyers are those who want to stay in the area that they've always called home, but there are many who are looking at the style of apartment WINIM develop as their best bet to move into the affluent North Shore.

"Once people live in the North Shore, rarely do they want to leave," Kuiters suggests.

"It was a case of developing residences that resonated with buyers who couldn't find something that suited both their lifestyle and budgets."

While securing sites over 2020 and 2021, WINIM were also seeing success selling their projects.

They now have just a few remaining townhouses at The Lawson Terraces, in one of the best spots in Naremburn, and also only a handful in the 16-townhouse Willoughby project, Tierra. The Lawson Terraces are expected to be completed in early 2023, and Tierra later in the year. They also sold out The Terraces in Willoughby last year.

WINIM are currently working on projects in Neutral Bay, Mosman, Cremorne, Gordon, Lane Cove and Kirribilli. Arguably the most striking is set to be their Cremorne project at 15 Allister Street.

The original building was constructed in 1913 and was designed by the prominent architect Clifford Finch, who later, alongside renowned architect John Burcham Clamp, designed Sydney's Tattersall Club and the heritage-listed Lawson House on Cumberland Street in the CBD. Renowned architecture firm Rothelowman will be retaining the facade, while adding a contemporary extension.

Kuiters says the company have worked on a number of adaptive re-use projects recently, a development approach which the local council's are favouring.

<img alt="WINIM Cremorne" data-entity-type="file" data-entity-uuid="d3459446-c494-412b-8a76-773ef6eb1ae2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202022-11-18%20at%207.52.29%20am.png?VersionId=tqsfKytxyoe0ElsFmFIBu.MEXBFQG1zi" /> 
The Allister Street, Cremorne plans by Rothelowman

"We've secured a number of sites which aren't heritage-listed, but due to their striking street frontage, and unique character from a bygone era, just like council, we are wanting to come up with a clever and creative way of bringing these grand building's into the 21st century," Kuiters adds.

"The community and council are favouring adaptive reuse and architectural detailing that complements the street.

"They're more challenging, but you come out with a more bespoke, unique product, catering for two types of buyers, those who are keen on the historical features (cornicing, high ceilings, brickwork etc) , and those who want the more contemporary finishes."

While securing sites over 2020 and 2021, WINIM were also seeing success selling their projects

Why WINIM doubled down on the boutique North Shore market

As owner-occupiers continue their descent on the latest Lower North Shore project, astute investors have also cast their eye to the Hyecorp development.&nbsp;&nbsp;

A member of The Club by Hyecorp recently made her third Hyecorp apartment purchase, taking up apartment 502 in Audrey.&nbsp;

Any buyer that purchases directly through Hyecorp automatically becomes a member of The Club by Hyecorp, enjoying a lifetime of exclusive benefits.

[smartcode_project:default project_id=110379 project_image_fid=207374]

The St Leonard’s project is located amongst some of Sydney’s best medical facilities, and with the recent buyer working in the medical industry, Audrey presented as the perfect opportunity to invest in.&nbsp;

“I'm in the medical industry and so St Leonards to me is a really good choice in terms of being close to Royal Shore Hospital. I know the type of tenets that will be there for an investment property which this is and I also know the huge investment that's going into St Leonards as a suburb, similar to Lane Cove, will add massive value to the Audrey complex,” the buyer said.&nbsp;

She didn’t have to look far when searching for a property, having already purchased two apartments in Hyecorp’s previous developments.&nbsp;

As part of Hyecorp’s exclusive club benefits, repeat buyers are offered a two per cent discount, along with being rewarded for referring friends and family to Hyecorp, invitations to special events and VIP pre-launch events for new projects, personalised customer service, construction updates, freebies and special offers from Hyecorp’s partners.

[smartcode_project:default project_id=110379 project_image_fid=206935]

“This is my third Hyecorp apartment and I found that within each, the styling, the detailing, and the builds have improved and are representative of the times,” she said.

As end-to-end developers, Hyecorp handle all aspects across each of their projects, including the architecture, construction and design.&nbsp;

​​“This holistic approach gives us visibility of the entire process and accountability for the high standard of quality we expect of ourselves and our collaborators. The result is one of excellence ensuring a building perfectly suited to the postcode it calls home,” Hyecorp say.&nbsp;

“I've always found Hyecorp amazing to deal with, deliver on time, deliver quality. I'm very happy with each of the apartments,” the buyer said.

Inspired by the lush, green landscape of Newlands Park, the Audrey apartments have been designed by award-winning architects SJB, with each including high end finishes and large outdoor areas, inspired by the timeless classicism of New York.

[smartcode_project:default project_id=110379 project_image_fid=207373]

Audrey’s interiors reflect the design philosophy of the architecture, combining understated elegance with a strong modernist aesthetic.&nbsp;

A neutral palette combines with stone as well as oak timber flooring, complemented by expansive proportions which are enhanced by full height panoramic windows, framing vistas of the surrounding greenery whilst drawing in abundant natural light.

The recent buyer was drawn to the considered design featured throughout Audrey, noting the sage-coloured kitchens as a personal favourite.&nbsp;

“It might not be everyone's cup of tea, but it ticks the box for me,” the buyer said.&nbsp;

“The bathrooms are absolutely beautiful - even the new lighting options are great - and I've also got the benefit of seeing past options, but just as I’ve said, Hyecorp has progressed with the times and are always on trend."

[smartcode_project_cta:default project_id=110379]

What's driving buyers to Hyecorp's St Leonards Audrey apartments

Inspired by the lush, green landscape of Newlands Park, Hyecorp’s Audrey in St Leonard's occupies&nbsp;a one of a kind position where sweeping views of the neighbouring park and Sydney city skyline present themselves from every aspect.

Located at 13-19 Canberra Ave, the DA-approved Audrey benefits from all that comes with being tucked away in the urban epicentre of the lower North Shore.&nbsp;

[smartcode_project:default project_id=110379 project_image_fid=192150]

With construction due to commence shortly, and completion slated for mid-2024, buyers in the St Leonards project will soon enjoy an enviable address complimented by park front living, while being just five kilometres from the Sydney CBD.&nbsp;

Residents will also be just 200 metres from the upcoming open air Civic Plaza, which is set to feature a modern retail and dining precinct which will include a Coles and a brand new public library.

St Leonards Train Station is located 450 metres from Audrey, while the Royal North Shore Hospital is only 750 metres away.&nbsp;

[smartcode_project:default project_id=110379 project_image_fid=198678]

Audrey will also have the rare added convenience of an onsite daycare centre, which will feature both indoor and outdoor learning environments where children are encouraged to explore and learn.

St. Leonards is a premier education location with residents set to enjoy easy access to numerous top-tier schools in the suburb and nearby, including the selective schools North Sydney Boys and Girls High School.

Within close proximity to the bustling Crows Nest, Audrey is also within reach of Chatswood, with both destinations providing ample shopping, dining and recreational offerings.&nbsp;

[smartcode_project:default project_id=110379 project_image_fid=198978]

Buyers will also benefit from the upcoming Metro Train Station, set for Crows Nest in 2024, with a train from the station getting commuters to Martin Place in just seven minutes.

Audrey will comprise 81 apartments across 12 levels, offering a diverse mix of one, two and three-bedroom apartments, with each including either a separate study or a multi-purpose room.

Residents will have access to a suite of amenity, including an indoor pool and spa, a music room, cinema, personal training studio, an on-site cafe, a private dining room and an expansive rooftop terrace, as well as&nbsp;EV provisions for each carpark.

[smartcode_project_cta:default project_id=110379]

The St Leonards project enjoys an enviable address complimented by parkfront living, while being just five kilometres from the Sydney CBD. 

Defining a new St Leonards: How Audrey takes advantage of its prime location

As one of Sydney’s lower north shore’s oldest suburbs, Naremburn is characterised by Federation-style detached cottages built of timber or brick.

Rarely do new apartments come to the market in the sleepy suburb neighbouring St Leonards and Crows Nest.

<a data-entity-type="file" data-entity-uuid="68a7fa3b-936f-47ee-a930-2ea7f36ba44c" href="/new-apartments/northcote-collective-naremburn-2-6-northcote-street-naremburn"><img alt="Render inside one of The Northcote Collective apartments" data-entity-type="file" data-entity-uuid="68a7fa3b-936f-47ee-a930-2ea7f36ba44c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Northcote_Collective_C02.jpeg?VersionId=o5bgJgpJstXatpKArXIlHenhhXu2m9pa" /></a>Render inside one of the Northcote Collective apartments.&nbsp;

Local developer Abadeen, who specialises in boutique developments predominantly in the lower north shore, have just launched Naremburn Collective, their first apartment development in the suburb,&nbsp;in partnership with Phoenix Property Investors.&nbsp;

Located at 2-6 Northcote Street, the aptly named building will comprise a mix of one, two and three-bedroom apartments, built atop ground floor commercial and retail space.&nbsp;

Renowned architects Rothelowman are behind the design, which features a brick, sandstone, terracotta and concrete built form, complemented by customisable interiors throughout.&nbsp;

<a data-entity-type="file" data-entity-uuid="46ebbdb4-a95d-4ccf-ac5e-cd05fd6d6f0e" href="/new-apartments/northcote-collective-naremburn-2-6-northcote-street-naremburn"><img alt="Render inside one of The Northcote Collective apartments" data-entity-type="file" data-entity-uuid="46ebbdb4-a95d-4ccf-ac5e-cd05fd6d6f0e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Northcote_Collective_C03.jpeg?VersionId=U._wauCyFkdGu3wUaD0h.F1axZBjm0Yl" /></a>Render inside one of the Northcote Collective apartments.&nbsp;

Envisioned as the heart of the home, each of the kitchens will include island benches, made from unique pieces of stone, as well as stone splashbacks and premium V-Zug appliances.&nbsp;

Paying homage to the area’s unique heritage charm, the project will also feature lush communal gardens, along with a private rooftop terrace, complete with a pool and alfresco dining amenities, including a barbecue, bar and table seating.&nbsp;

Sitting just 270-metres from St Leonards station, residents will be easily connected with the wider Sydney region, along with being just moments from a number of schools, nature trails and the St Leonards and Crows Nest Villages.&nbsp;

<a data-entity-type="file" data-entity-uuid="72d041a5-0fca-472b-a06d-b4c7bcf840c5" href="/new-apartments/northcote-collective-naremburn-2-6-northcote-street-naremburn"><img alt="Render of the rooftop terrace at The Northcote Collective." data-entity-type="file" data-entity-uuid="72d041a5-0fca-472b-a06d-b4c7bcf840c5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Northcote_Collective_C06.jpeg?VersionId=_UL7YoV_hPDBjMp6394s0vUYbXm2KJKq" /></a>Render of the Northcote Collective rooftop.

Abadeen are no strangers to the lower north shore area, with a string of projects both completed and in the pipeline across the region.

They're currently also selling Koyo, also in Crows Nest and designed by Japanese architecture Koichi Takada. They are soon to launch Park Residences in Cremorne, and recently picked up a development site in Mosman.

Located at 2-6 Northcote Street, the aptly named building will comprise a mix of one, two and three-bedroom apartments, built atop ground floor commercial and retail space. 

Abadeen launch Northcote Collective in Naremburn

ASX-listed Mirvac are taking to creating a hybrid community to form part of the group’s broader sustainability vision, as a way in which residential products can positively contribute to environmental concerns related to the built environment.

Stuart Penklis, Head of Residential, said within the property industry, Mirvac has the ability and a responsibility to influence change.

[smartcode_project:default project_id=93788 project_image_fid=186245]

“In 2014, Mirvac made an industry-leading commitment to achieve net positive carbon emissions by 2030 as part of its ‘This Changes Everything’ strategy. The plan was revised in 2019 to define how the targets will be achieved, including maximising energy efficiencies and the inclusion of solar energy in all residential builds,” he said.&nbsp;

“Last year, Mirvac became the first Australian property company to achieve net positive in scope 1 and 2 carbon emissions, nine years ahead of our target and we continue to move steadily towards creating all-electric homes throughout our portfolio of future builds having piloted developments in Melbourne, Brisbane and Perth which will be all-electric as well to give customers solutions to power their all-electric homes with renewable electricity.”

The group has created a hybrid community on Sydney’s north shore, describing the project as a place “where residents can adopt electric living at their own pace.”

[smartcode_project:default project_id=93788 project_image_fid=205803]

NINE by Mirvac, at the site of the former home of Channel 9 in Willoughby, has been built with the future in mind, allowing for residents to ‘opt in’ to an electric lifestyle including induction cooking and EV charging.

“The decision to create a hybrid model gave consumers the opportunity to opt in to electric living at their own pace, in line with consumer trends like those seen in the uptake of electric vehicles,” Penklis said.

A hybrid development model, to allow aspects of all homes to be electric as and when a resident wants, was the result of extensive consumer research that supported a step-wise approach to a more sustainable lifestyle, and has the potential to reduce ongoing energy costs by up to 20 per cent.

“NINE by Mirvac, is an example of this commitment in action, but we did so with our customers front of mind. Knowing that adoption of the new world of electric living takes time, we designed this development to allow for the transition to take place at each resident’s pace, and invested in increased sub-station capacity, upgraded backbone cabling to each building and enhanced submains to every apartment to allow a simple, progressive change towards electric living,” Penklis said.

[smartcode_project:default project_id=93788 project_image_fid=205804]

NINE by Mirvac will also feature an all-electric building, Luma, which will be used as a pilot to identify, monitor, and adapt to usage trends over time.

“Luma provides us with the opportunity to test the market on uptake and respond to our residents’ needs. From this we will be able to gain valuable insights around water, power and charging use,” Penklis explained.

Notwithstanding the environmental and health benefits of an electrified community, the implementation of increased electric infrastructure will future-proof the site for potential technological advancements and sustainability enhancements – positively benefitting not just the initial sales strategy from a Mirvac point of view, but resale value and return on investment for customers.

Upon completion, the site will include approximately 1000 sqm of retail and commercial space, along with a 6500 sqm park, which will open the site up to the public for the first time.

[smartcode_project:default project_id=93788 project_image_fid=186244]

Paying homage to the former history of the site, Mirvac has also incorporated recycled materials from the former TX transmission tower that was dismantled as part of the development.

The near $785 million NINE by Mirvac will feature 10 residential buildings in total, with the first residents due to move in mid-2023, with the whole project completion scheduled by end of 2023.

“NINE by Mirvac is a testament to our ability to not only produce a product of outstanding quality, but one that sets a new sustainability benchmark. Underpinned by our award-winning in-house design team and construction teams we are unrelenting in our vision to deliver exceptional quality and design excellence – core Mirvac values that ensure that we continue to deliver the very best for our customers, even in the most uncertain times,” Penklis concluded.&nbsp;

[smartcode_project_cta:default project_id=93788]

Paying homage to the former history of the site, Mirvac has also incorporated recycled materials from the former TX transmission tower that was dismantled as part of the development.

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