A luxury beachfront apartment at Rainbow Bay has more than doubled in value since it sold off the plan six years ago, setting a new local apartment record in the process.

The three-bedroom apartment in the Flow development on Petrie Street, the first of four new projects locally by Paul Gedoun's S&amp;S Projects, has sold for $7.4 million, after originally selling for $3.27 million when the project launched in 2020.

The seventh-floor apartment, comprising 187 sqm of internal living space and a 54 sqm balcony overlooking Froggies Beach and Snapper Rocks, was purchased by a local family.

The transaction was negotiated by Pezet Matheson director Kerry Pezet and equates to more than $30,000 per sqm.

Pezet said the sale reflected the limited opportunities to buy into the boutique beachfront development.

"The sale highlights the rarity of opportunities within the boutique beachfront development, where residences seldom become available," Pezet said.

"Flow is one of the Gold Coast's most tightly held buildings. Buyers from our database move quickly when residences become available, and achieving an off-market sale at $7.4 million demonstrates the depth of demand for property of this calibre."

<img alt="Flow" data-entity-type="file" data-entity-uuid="c585b206-2130-4eee-a50c-3f27c51a7c70" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-06%20at%208.33.25%E2%80%AFPM.png?VersionId=m3pHRDV62Y3fvN.XQuQHq.52ilTWpRLf" />

Flow was the first of four luxury apartment developments delivered by Paul Gedoun's S&amp;S Projects at Rainbow Bay and was completed in 2023.

Positioned on the beachfront overlooking Snapper Rocks, the residence includes three bedrooms, three bathrooms, a powder room and views stretching north along the coastline towards Surfers Paradise.

Pezet Matheson Residential principal Mitchell Lambert said buyers continued to prioritise quality beachfront apartments in tightly held locations.

"Flow Residences offers a rare combination of elevated beachfront positioning, architectural excellence, comprehensive resident amenity and premium finishes, which is exactly what discerning purchasers are seeking," Lambert said.

"The transaction further reinforces Rainbow Bay's reputation as one of Australia's premier coastal lifestyle destinations, where limited supply and growing demand continue to support strong market performance."

Pezet Matheson originally marketed and sold out Flow off the plan, making the latest transaction a return to one of the project's original buyers.

Paul Gedoun is selling his third project, <a href="https://www.apartments.com.au/new-apartments/radia-rainbow-bay-271-boundary-street-coolangatta-qld-4225">Radia Rainbow Bay</a>, after recently completing, and selling out, <a href="https://www.apartments.com.au/buildings/esprit-217-227-boundary-street-coolangatta-qld-4225">Esprit</a>. He has plans for a <a href="https://www.apartments.com.au/news/qld/first-look-s-s-projects-proposes-88-apartment-wellness-tower-at-coolangattas-boundary-street">fourth building</a>, 88 apartments on <a href="https://www.apartments.com.au/new-apartments/209-213-boundary-street-coolangatta-qld-4225">Boundary Street</a>.

Joel Robinson

Rainbow Bay apartment doubles in price since off the plan sale during pandemic

The long-planned transformation of Brisbane's historic Shafston Estate has taken another major step, with Capella Hotel Group announced as the luxury hospitality partner behind what will become Brisbane's first branded residences.

The project, to be known as Capella Residences Brisbane, is being delivered by Verso Projects at the landmark Kangaroo Point riverfront estate, with completion targeted for 2029.

The announcement follows a series of planning changes to the project over recent years. The site was originally approved in 2023 for a 15-level, 37-apartment development designed by Rothelowman for Burgundy Group before Verso Projects took over the 10,070 sqm riverfront holding and lodged revised plans with Kerry Hill Architects to increase the development to a 25-level tower with 51 apartments.

The latest announcement confirms Capella Hotel Group will bring its branded residential offering to the project, marking just the second Capella Residences development globally after Seoul, and the group's first branded residential project in Australia.

The <a href="https://www.apartments.com.au/new-apartments/23-castlebar-street-kangaroo-point-qld-4169">Castlebar Street development</a> will centre around the restoration of the heritage-listed Shafston House, one of Brisbane's oldest residences, originally constructed in 1851 by Reverend Robert Creyke as a single-storey cottage known as Ravenscott.

<img alt="Capella" data-entity-type="file" data-entity-uuid="2b9f4ce5-638f-4d6b-8082-3ca7e4b75fca" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-09%20at%207.20.41%E2%80%AFAM.png?VersionId=f7aeqsW_DzOJI4FymWb3lD8NptSfsP7q" />

Capella said the project aligns with its focus on heritage-led developments, with the Brisbane estate combining the restored historic residence with a new luxury apartment tower and hospitality-inspired resident amenities.

Residents will have access to the Capella Living Room, a concierge-led communal space inspired by the group's luxury hotels, alongside landscaped gardens, six swimming pools, wellness and recreation facilities.

The broader estate will also include two riverfront homes, a six-berth private marina, porte cochère arrival experience, secure basement parking and a new section of public riverwalk along the Brisbane River frontage.

The heritage Postal Depot Building will also be retained and repurposed as a guest house, in line with the revised development plans.

The project represents another evolution for the site, which Kerry Hill Architects previously described as a rare opportunity to restore one of Brisbane's most significant heritage estates while creating a new benchmark for apartment living.

"The Shafston Estate provides a once-in-a-generation opportunity to restore one of Brisbane's finest heritage precincts and to reinstate residential use as a unique site perched on the edge of Kangaroo Point," Kerry Hill Architects said in its Urban Context Report accompanying the planning submission.

"The project will celebrate excellence in sub-tropical residential design, setting a new benchmark for vertical living in Brisbane."

Verso Projects, which now has an $8.5 billion development pipeline spanning more than 6,000 dwellings across apartments, townhouses, retail and commercial projects, said the partnership with Capella would elevate the development beyond a traditional residential project.

"We feel honoured to be restoring Shafston Estate to its former glory, elevating it to new heights of luxury and excellence underpinned by Capella's distinctive service ethos and design philosophy, and making it a standout landmark in Brisbane," Verso Projects CEO Steve Laffey said.

"By partnering with Capella, globally recognised for its refined approach to luxury hospitality and deep respect for cultural and historical context, we will elevate this project beyond a residential offering into a world-class destination."

Capella Hotel Group President Roland Fasel said Brisbane's emergence as a global city made it the right location for the company's Australian residential debut.

"Brisbane is a city on the cusp of something remarkable, and Capella Residences is our commitment to being part of that story," Fasel said.

"The Capella residential experience is more than luxury. It is about a sense of belonging to a place with deep meaning."

Private appointments have now opened for the project, with a display suite expected to open in late 2026 ahead of the planned 2029 completion.

Capella to launch Brisbane's first branded residences at Shafston House, Kangaroo Point

Lewis Land's latest apartment release within its <a href="https://www.apartments.com.au/new-apartments/harbour-shores-biggera-waters-564-oxley-drive-biggera-waters-qld-4216">Harbour Shores</a> masterplan is targeting one of the Gold Coast's fastest-growing buyer groups, with almost a third of apartments at Solis priced below $1 million.

The seven-storey building at Biggera Waters will comprise 91 apartments, including 24 one-bedroom residences starting from $778,000, a price point Lewis Land says is aimed squarely at first home buyers struggling to enter the Gold Coast market.

<img alt="Harbour Shires" data-entity-type="file" data-entity-uuid="e7486e37-22f6-4c92-b212-9b0622070b8f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-08%20at%209.09.34%E2%80%AFAM.png?VersionId=W8MJwJUCf6HkIyl_EVSksnd.QI6MZryY" />

<a href="https://www.apartments.com.au/developers/lewis-land-group">Lewis Land</a> Head of Development Michael Long said the developer deliberately allocated a significant proportion of the project to more affordable apartment types.

"First home buyers have been priced out of many parts of the Gold Coast, and we saw a clear opportunity to address this and play our part in a longer-term housing solution," Long said.

"That's why 24 of the 91 apartments being delivered at Solis have been designed and priced for the city's next generation of homeowners, quality one-bedroom apartments, half of which include an additional multipurpose room to maximise space and flexibility.

"This approach places 30 per cent of apartments in Solis under $1 million, and with close proximity to Harbour Town's future light rail extension connecting residents to the city's major employment and knowledge hubs, it's a win for buyers looking to secure their first property."

<img alt="Sores" data-entity-type="file" data-entity-uuid="550526d3-73ba-4710-9739-c5f4294a30ef" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-08%20at%209.09.29%E2%80%AFAM.png?VersionId=cQQdXHt9wS0UXwZEm5Py5bH_3kAmzyhu" />

Designed by BDA Architecture, Solis will deliver a mix of one, two and three-bedroom apartments, with residences ranging up to 232 sqm. Apartments feature generous balconies and contemporary finishes, while residents will have access to Harbour Shores' lagoon pool, clubhouse, tennis court, gym, yoga studio and sauna.

The focus on first home buyers resonated with purchaser Holly Humphreys, who said she and her boyfriend spent more than a year searching for their first property before shifting their attention from houses to apartments.

"We fell in love with the first house we bid on and got our hopes up, but after repeated knockbacks we learned not to get too attached," Humphreys said.

"We offered at the high end of price guides, but sales kept going even higher. That's where we really struggled and we needed to re-evaluate our budget and our expectations. Standalone houses were off the table, and we pivoted to apartments and townhouses."

Humphreys said it was encouraging to see developers recognising the growing demand from first home buyers.

"There's a growing number of young buyers looking to enter the market earlier because they understand that getting in now can make a real difference as prices continue to rise," she said.

"It's fantastic to see a developer recognise this and then actively take measures to deliver an apartment with us in mind."

Solis is the first development planned within the second stage of the Harbour Shores masterplan, with early works expected to commence in September 2026.

[smartcode_project_cta:default project_id=113271]

Lewis Land targets first home buyers at latest Harbour Shores release, Solis

Luxury apartment developer Abadeen has recorded $19.25 million in apartment sales across two of its Lower North Shore developments in the lead-up to the end of the financial year, headlined by the sale of a $6.75 million penthouse at <a href="https://www.apartments.com.au/buildings/koyo-crows-nest-5-rodborough-avenue-crows-nest-nsw-2065">KOYO in Crows Nest.</a>

The transactions also included the sale of a newly completed three-bedroom apartment at <a href="https://www.apartments.com.au/buildings/park-residences-cremorne-2-sutherland-street-cremorne-nsw-2090">Park Residences in Cremorne</a> for $6.35 million, with the residence selling shortly after the project's first public inspections following completion.

The sales come as completed, owner-occupier-focused apartments continue to attract strong demand across Sydney's Lower North Shore, particularly from buyers looking for certainty and immediate occupancy.

The penthouse at KOYO spans 491 sqm across a single level and was designed by architect Koichi Takada. The development is one of Abadeen's flagship boutique projects in Crows Nest.

[smartcode_project:default project_id=108800 project_image_fid=370093]

Abadeen Executive Chairman and Founder Justin Brown said buyer activity lifted noticeably in the lead-up to the end of the financial year.

"We saw a clear increase in enquiry levels, inspection numbers and buyer engagement across our completed projects leading into the end of the financial year," Brown said.

"Buyers have become far more decisive over the past six months. The combination of improving confidence, limited supply and the ability to physically inspect completed residences is creating strong competition for premium apartments in the best locations."

Brown says the&nbsp;response to Park Residences following completion has been particularly strong.

"Buyers want certainty and are responding positively to the opportunity to walk through a finished product, inspect the quality firsthand and move in immediately," Brown suggested.

"Projects such as Park Residences and KOYO demonstrate that when the product is exceptional and the location is irreplaceable, buyers are prepared to act quickly."

[smartcode_project:default project_id=114246 project_image_fid=370116]

Abadeen CEO Joe Tack said quality continued to differentiate projects in the current market.

"Today's buyers are incredibly discerning," Tack said.

"They are seeking larger floorplans, premium finishes, walkability, lifestyle amenity and confidence in the developer delivering the project. Well-designed boutique developments continue to outperform because they offer something genuinely difficult to replace.

"The enquiry we are seeing across our completed and recently completed Lower North Shore portfolio is very encouraging, and we expect this momentum to continue into spring."

The sales follow increased enquiry across Abadeen's Lower North Shore portfolio which also includes <a href="https://www.apartments.com.au/buildings/northcote-collective-naremburn-2-northcote-street-naremburn-nsw-2065">Northcote Collective in Naremburn</a> which also completed recently.

KOYO penthouse headlines Abadeen's $19.25 million EOFY sales flurry

The City of Sydney has approved plans for <a href="https://www.apartments.com.au/developers/billbergia">Billbergia Group</a> and Metrics Credit Partners’ $3.5 billion Castlereagh Place project in the heart of the Sydney CBD

The towers will be among the tallest in <a href="https://www.apartments.com.au/developments/sydney-nsw-2000">Sydney</a>'s CBD, with more floors than any other residential tower in the city.&nbsp;

The 6,000 sqm site was acquired by the joint venture partners in 2024. It is the largest amalgamated land parcel in the Sydney CBD and comprises eight individual sites fronting Castlereagh, Pitt and Liverpool Streets.&nbsp;

<a href="https://www.apartments.com.au/new-apartments/castlereagh-place-sydney-324-348-pitt-street-sydney-nsw-2000">Castlereagh Place</a> will transform an underutilised city block into a landmark mixed-use destination, anchored by two 82-storey towers comprising 607 luxury residences above an 8-level podium housing a 209-room luxury hotel. A 1,000 square metre civic park on ground level features a curated mix of food, beverage and retail.

The plans have been refined over the past year to rebalance the residential and hotel offering, and reconfigure the retail footprint to create a stronger, more dynamic dining experience.

A three-level flagship building on the prominent corner of Pitt and Liverpool Streets will be the gateway to the Castlereagh Place lifestyle precinct. Set to become a Sydney icon, the building is capable of housing multiple hospitality venues.

“Castlereagh Place is designed to be the City's next great urban oasis - an energetic mixed-use precinct that pulses with life, day and night,"&nbsp;said Joseph Kinsella, Group Director of Billbergia.

"It will bring the vibrancy of places like Barangaroo and Darling Quarter into a more accessible, central destination at the very heart of Sydney."

Kinsella said the project will build on&nbsp;Sydney’s growing laneway culture with the City’s largest network of new activated lanes - an expanded, next-generation take on precincts like Angel Place, Palings Lane and Ash Street in Wynyard.

[smartcode_project:default project_id=134477 project_image_fid=374401]

Castlereagh Place has been designed by architects <a href="https://www.apartments.com.au/architects/fjc-studio">fjcstudio</a> in collaboration with Trias Studio, Aileen Sage and Polly Harbison Design, joint winners of an international design competition in 2018.&nbsp;

Signature design elements from the original scheme remain unchanged, while the public domain has been significantly enhanced, delivering 60 per cent more open-to-sky space.

Pedestrian access will also be enhanced through new laneways linking Pitt, Liverpool and Castlereagh Streets, drawing people into a new civic park with outdoor seating, landscaping and integrated public art.

With activated laneways supported by strong hospitality offerings, Castlereagh Place is tipped to become a vibrant new dining destination in the heart of Sydney’s CBD.

It marks the largest undertaking to date for the Billbergia and Metrics Credit Partners partnership. Together they are developing other underutilised Sydney sites into mixed-use precincts, including the $2.2 billion Concord Central and the $1.3 billion Chatswood Grand Residences.

Metrics Managing Partner and Group CEO Andrew Lockhart said Castlereagh Place is a landmark project that will redefine Sydney’s skyline.

"As the tallest residential high-rise development, the revitalised site will offer panoramic views across the CBD and surrounds. We are excited to partner with Billbergia to reinvigorate an underutilised site and create a sophisticated and contemporary mixed-use offering situated in the heart of Sydney.”

Total apartments within the towers have increased to 607 dwellings, with a focus on larger floorplans. Aligned to growing market demand, Castlereagh Place now comprises 299 three-plus-bedroom apartments, 198 two-bedroom units and 110 one-bedroom configurations.

[smartcode_project:default project_id=134477 project_image_fid=374402]

Resident amenities will include an exclusive residents club containing a gym, rooftop pool, dining rooms, co-working spaces, library, golf simulator, games room, cinema room, and access to an exclusive concierge service. There will be around 500 basement car spaces below the towers.

The development will also include a state-of-the-art wellness centre, set to feature a bathhouse with magnesium pools, hot/cold plunge pools and premium amenities.

&nbsp;

According to fjcstudio, the towers will feature distinctive yet elegant architectural design reflecting Sydney’s geometry and urban character, with a network of through-site links and intimate public spaces activating the streetscape.

"Castlereagh Place is a city-making project of significant scale and ambition," said Richard Francis-Jones, Design Director at fjcstudio.

"It will create a rich urban complex of public open spaces, landscaped gardens, and vibrant laneways. Defining these new public spaces and the important streetscape of Castlereagh Street is a sequence of fine-grained, diverse retail and hotel architecture designed in collaboration with Aileen Sage, Polly Harbison Design and Trias.

“Rising above the tree-lined, human-scale streetscape are two slender residential towers that will transform the city skyline and look towards the Harbour, Hyde Park, and the Royal Botanic Garden.”

Demolition and early construction works have commenced onsite at Castlereagh Place.

[smartcode_project_cta:default project_id=134477]

Billbergia, Metrics, approved for $3.5 billion Sydney skyscrapers

Melbourne off the plan apartments

To make homeownership accessible to a wider demographic, Spacious Property&nbsp;is offering buyers at their Voyage Altona apartments an opportunity to secure them with just a five per cent deposit.

Situated on a 2,000 sqm plot in the heart of the major activity centre, <a href="/new-apartments/voyage-altona-102-106-pier-street-altona">Voyage</a> will consist of 52 one, two, and three-bedroom apartments.

With prices starting from $502,000 for a one-bedroom, buyers can secure an apartment with a $25,100 deposit, or a $52,000 deposit for a three-bed which start at $1.04 million.

[smartcode_project:default project_id=112195 project_image_fid=241500]

Designed by <a href="/architects/map-architecture">MAP Architecture</a>, Voyage Altona showcases an asymmetrical form and refined materiality that pays homage to its location.

The interiors feature a layered and textured minimalist design aesthetic, characterised by a neutral colour palette, warm tones, and timber flooring.

[smartcode_project:default project_id=112195 project_image_fid=241503]

Apartments come equipped with Miele appliances and stone benchtops and feature full-height windows that offer panoramic views of the bay and surrounding landscape.

Situated approximately 13 kilometres southwest of <a href="/new-apartments/melbourne-vic">Melbourne</a>'s CBD and adjacent to <a href="/new-apartments/williamstown-vic-3016">Williamstown</a>, Voyage Altona provides convenient access to urban amenities, public transportation, the <a href="/developments/altona-vic-3018">Altona</a> shopping centre, and Altona beach, making it an attractive choice for potential residents seeking a well-connected and vibrant lifestyle.

Voyage Altona is slated for completion by <a href="/builders/valeo-construction">Valeo Construction</a> in mid-2025.

[smartcode_project_cta:default project_id=112195]

Voyage Altona is slated for completion by Valeo Construction in mid-2025

Staff Writer

Five per cent deposit offer at Voyage Altona apartments

Romano Property Group (RPG) has unveiled its latest project, the Napier 235 apartment development, situated in the heart of Fitzroy.&nbsp;

The fully integrated property developer led by Maurice Romani has launched <a href="/new-apartments/napier-235-235-napier-street-fitzroy">Napier 235</a>, a boutique project of just 14 two and three-bedroom apartments named after its ideal location at 235 Napier Street, near the Napier Hotel and <a href="/developments/fitzroy-vic-3065">Fitzroy's thriving hospitality scene</a>.

<img alt="Napier 235 launch - dining" data-entity-type="file" data-entity-uuid="b3f4ae2d-0b1a-48cb-8036-217439fc62d5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Napier%20235%20Dining.png?VersionId=_Wy4FDumD_WeDItSPf80taD5i48SYuqp" />

Designed by <a href="/architects/ewert-leaf">Ewert Leaf</a>, Napier 235 features sculptural geometric exteriors that blend with the lush green surroundings landscaped by <a href="/landscape-architect/florian-wild">Florian Wild</a>.&nbsp;

Each residence is designed to be light-filled and north-facing, with living areas that connect to private terraces via floor-to-ceiling sliding doors and windows, offering treetop views.

The focal point of the apartments is the kitchen, equipped with Miele and Gaggenau appliances and featuring a 3.5-meter-long, full-stone dining and kitchen island bench. Most units include a built-in bar with a wine fridge and a walk-in pantry.

<img alt="Napier 235 launch - kitchen" data-entity-type="file" data-entity-uuid="396f65ec-df3e-4d2a-b492-ff03ad0d102b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Napier%20235%20Kitchen.png?VersionId=AHV74x1MmnD4nYqa1N7s.MyynrOLdpmR" />

Residents of Napier 235 will also have access to a shared rooftop area. The development is recognised for its sustainability efforts, ranking in Victoria's top five per cent for sustainable developments as per Victorian Planning Policy benchmarks.

Situated adjacent to Brunswick Street and Johnston Street, Napier 235 offers easy access to the vibrant Fitzroy scene, where residents can enjoy a plethora of dining options, trendy cafes, shopping boutiques, and green spaces right at their doorstep.

Designed by Ewert Leaf, Napier 235 features sculptural geometric exteriors that blend with the lush green surroundings landscaped by Florian Wild. 

New Fitzroy apartment development, Napier 235, launches

Construction has commenced on the $20 million <a href="/new-apartments/one-reynolds-1-5-reynolds-street-hampton-east">One Reynolds</a> apartment development in <a href="/developments/hampton-east-vic-3188">Hampton East</a>, marking a significant milestone in the project's contribution to the State Government Social Housing Program.

<a href="/builders/chase-building-group">Chase Group</a>, in collaboration with <a href="/builders/casurban">CasUrban</a>, has been selected as the builder for One Reynolds, an eight-level development set to house 83 apartments designated for Housing Choices Australia.

<img alt="One Reynolds construction commenced - front" data-entity-type="file" data-entity-uuid="441e363f-8c59-4ce9-b021-44b5905e9425" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/One%20Reynolds%20front.jpg?VersionId=Y_zWC.Gl4WpzsgA6TIicBDDX.5RBUb8." />

Designed by <a href="/architects/rothelowman">Rothelowman</a>, One Reynolds features a range of flexible floor plans, offering one, two, and three-bedroom apartments.

The emphasis is on creating functional, modern living spaces that maximise natural light and provide views of the surrounding gardens and urban scenery.

Each apartment will feature Bosch cooking appliances, stone benchtops, and a palette of neutral tones inspired by the ocean, fostering a sense of coastal warmth.

The design encourages residents to personalise their living spaces while maintaining a cohesive aesthetic throughout the development.

<img alt="One Reynolds construction commenced - backyard" data-entity-type="file" data-entity-uuid="b23837ad-699d-4373-aaac-f8edad8c5066" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/One%20Reynolds%20backyard.jpg?VersionId=NAz6Hf5K0lj0986GwL3w6XAPnz9RDt8y" />

One Reynolds places a significant focus on its commitment to creating a vibrant and engaging living environment through communal rooftop amenities, including edible gardens, and entertainment areas overlooking panoramic views from the bay to the city skyline.

Conveniently located, One Reynolds places residents within 350 metres of Moorabbin station, just a five-minute drive from Westfield Southland and seven minutes from Hampton Beach.

Completion for One Reynolds is slated for late 2025.

[smartcode_project_cta:default project_id=134533]

Designed by Rothelowman, One Reynolds features a range of flexible floor plans, offering one, two, and three-bedroom apartments

Hampton East's One Reynolds apartments start construction

Developer <a href="/developers/urban-dc">Urban DC</a> has completed its latest apartment development, Horizon, in the sought-after Plowman Place in <a href="/developments/frankston-vic-3199">Frankston</a>.&nbsp;

Horizon, which recently completed its construction by Cobild,&nbsp;is home to 79 one to three-bedroom units accompanied by a suite of 6-star resort-style facilities across a nine-level building.

<img alt="Horizon Frankston complete - garden villa" data-entity-type="file" data-entity-uuid="bef6afb3-e87b-472b-bc68-3e8e69d13448" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Horizon%20Frankston%20garden%20villa.png?VersionId=mh2nAagOdXmLJM0TqnBBlX9UMXnKlpA8" />

Designed by the award-winning <a href="/architects/fraser-partners-0">Elenberg Fraser</a>, Horizon is inspired by the rocks and dunes of Frankston's landscape, particularly its beachfront.

"Situated on high ground at a place bound by land and ocean, Horizon is an elegant, sculptural landmark, where the curves evoke the gentle contours of the rocks and the sand dunes," Callum Fraser, Director at Elenberg Fraser, said.&nbsp;

"The building's dynamic movement and tiered gestures invite sunlight into the apartments, creating warm, light-filled and airy spaces."

<img alt="Horizon Frankston complete - penthouse" data-entity-type="file" data-entity-uuid="49b92614-c800-40ac-ba63-fcb88da265bc" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Horizon%20Frankston%20penthouse.png?VersionId=zZoUfn6RksVgxC5k3NN7NsURztAmC8c6" />

The development comprises low and mid-rise sections dubbed the Horizon Apartments and the Penthouse Collection as the high-rise segment.

Ground-level garden villas come with courtyard gardens and the potential to include plunge pools and barbecue areas.&nbsp;

Meanwhile, &nbsp;penthouse apartments feature cantilevered balconies overlooking the ocean and luxurious amenities such as fireplaces and bar units.

<img alt="Horizon Frankston complete - rooftop" data-entity-type="file" data-entity-uuid="0938032d-0424-40cf-8816-78356dccc735" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Horizon%20Frankston%20amenities.png?VersionId=Dc0o5pwYUPQlXHnl4QQZ0fDaVAt4uH0h" />

Residents of Horizon have access to exclusive services, including the option to book an in-house chef for private dining or communal gatherings overlooking the bay.

Aside from the in-house chef, residents can also access concierge services, dog walkers, and linen press.

The development also features rooftop spas with ocean views complete with spaces for yoga and massages, a boardroom, an executive lounge, a library, and a basement with a climate-controlled wine room and a workshop.

[smartcode_project_cta:default project_id=29941]

Residents of Horizon have access to exclusive services, including the option to book an in-house chef for private dining or communal gatherings overlooking the bay

Urban DC complete Horizon Frankston apartments

The Victoria arm of luxury apartment developer Abadeen, has appointed&nbsp;builder Brompton to oversee the construction of their debut project, Maléa in Malvern East.

<a href="/new-apartments/malea-94-burke-road-malvern-east">Maléa</a> will be home to just seven luxury apartments in a pocket where development is at a premium.

[smartcode_project:default project_id=141969 project_image_fid=222388]

Targeting a 6.5-Star Green Energy Rating, Maléa has been designed by <a href="/architects/ewert-leaf">Ewert Leaf</a> to maximise the garden-centric atmosphere characteristic of <a href="/developments/malvern-east-vic-3145">Malvern East</a>.&nbsp;

"The stoic, enduring form unites with a textural palette, combining textural brickwork, layered concrete planes, and sleek metalwork," Leaf says.

There are three garden terraces in the building expertly designed by <a href="/landscape-architect/john-patrick-landscape-architects">John Patrick and Associates</a> to create an indoor outdoor living environment.&nbsp;

[smartcode_project:default project_id=141969 project_image_fid=222404]

The project is ideally located just a stroll from the vibrant Malvern East village.

<a href="/project-marketer/jellis-craig-projects">Jellis Craig Projects</a> Director Stephen Bowtell says the project epitomises everything people love about Malvern East.

"It's such a rare proposition in this pocket for there to be a new development, particularly one of this calibre."

"It's an amazing community hub at your doorstep and where we are opposite Central Park Road, which is one of the best in all of the Gascoigne Estate, is one of the last opportunities to secure a park-fronted luxury residence, and we are very excited to be bringing this to the market."

The completion date for Maléa is set for mid-2025.

<a href="/developers/abadeen-group">Abadeen</a>, founded over two decades ago in Sydney by Justin Brown, is led locally by fellow development industry veteran and former <a href="/project-marketer/cbre-residential-australia">CBRE</a> executive Andrew Leoncelli.

[smartcode_project_cta:default project_id=141969]

Abadeen, founded over two decades ago in Sydney by Justin Brown, is led locally by fellow development industry veteran and former CBRE executive Andrew Leoncelli

Abadeen appoint Brompton to construction Maléa in Malvern East

The former Gronn Place Public Housing Estate in Brunswick West is set to undergo a major overhaul.

Initially constructed in the 1960s, the estate comprised six three and four-storey walk-up flats with 62 units. Despite being continually intended for social housing use since its inception, the estate has become dilapidated and unsuitable for its occupants due to poor condition, inadequate insulation, and the lack of lifts, but has remained under the ownership and operation of the Director of Housing (DoH) under the State Government.

The Victorian Government’s Homes for Victorians strategy includes a $2.7 billion program for investment into housing and homelessness initiatives. One of these initiatives is the Public Housing Renewal Program, a $185 million plan to redevelop aging public housing estates across Victoria into mixed-tenure neighbourhoods with modern, accessible, and fit-for-purpose housing.

[smartcode_project:default project_id=139951 project_image_fid=212687]

<a href="/developers/avjennings">AVJennings</a> has partnered with the State Government's Director of Housing (DoH) and Women's Housing Limited to redevelop the former Gronn Place Public Housing Estate site at 8 Kitchener Street, with the new development, <a href="/buildings/harvest-square-apartments-and-townhomes">Harvest Square</a>, comprising a mix of private and social housing components.

The&nbsp;site of one of nine public housing estates across Metropolitan Melbourne that is part of the program.

As agreed with the DoH, the new development will be tenure blind, comprising&nbsp;111 social housing apartments, eight community housing apartments (Women’s Housing), 50 private apartments, and 29 private townhouse dwellings.

At least five per cent of the new social housing homes will also be easy to access for Victorians with disabilities, with drop-off areas, paths, lifts, and car parking. Inside the homes, kitchens, bathrooms, and storage will also be highly accessible.

[smartcode_project:default project_id=139951 project_image_fid=212689]

Not only are AVJennings helping to aid in the current housing crisis that is plaguing the country, the group are also creating homes for the future at Harvest Square.&nbsp;

The Harvest Square development has been designed with sustainability in mind, boasting a 5-Star Green Star rating and a minimum 7-star NatHERS rating across all buildings. As a Green Star community, all homes have been sustainably designed to ensure minimal impact on the environment while enhancing health and quality of life, with inclusions such as communal corridors, play areas, bicycle parking, and productive gardens as part of the community.

The Gold Liveable Housing Design will provide more generous space across the development, assisting in comfortable and unobstructed movement between rooms, in addition to the building's orientations which will aid in reducing heating and cooling costs. There's also waste and recycling systems in place to minimise landfill.

[smartcode_project_cta:default project_id=139951]

AVJennings has partnered with the State Government's Director of Housing (DoH) and Women's Housing Limited to redevelop the former Gronn Place Public Housing Estate site

Harvest Square to offer affordable housing options in Brunswick West

Noosaville's newest residential development, Malolo, by developer <a href="/developers/davrus">Davrus</a>, is down to its final apartment for sale.

The two-bedroom, 90 sqm is priced at $899,000.

The apartment features an open-plan living layout with an outdoor patio, characteristic of most apartments within Malolo.

[smartcode_project:default project_id=134080 project_image_fid=205487]

All residences are designed to be open and airy, incorporating coastal colour palettes that reflect the relaxed ambience of the Noosa region.&nbsp;

The designer kitchens feature stone counters and splashbacks with custom cabinetry, European appliances and a large island bench.

[smartcode_project:default project_id=134080 project_image_fid=205485]

<a href="/buildings/malolo-noosa-89-eumundi-noosa-road-noosaville">Malolo</a> is part of a limited supply of developments across the <a href="/developments/noosaville-qld-4566">Noosa</a>&nbsp;region, making it a unique opportunity for buyers looking for brand-new, architecturally designed townhouses or apartments.&nbsp;

Designed by Noosa local <a href="/architects/blackwood-architecture">Blackwood Architectures</a>, and built by <a href="/builders/vantage-building-group">Vantage Building Group</a> and long-time Noosa local and highly-regarded builder, Damien Davidson Builders, Malolo comprises 22 two, three, and four-bedroom townhouses and four apartments.&nbsp;

Situated adjacent to the picturesque Noosa River, Malolo offers residents easy access to local cafes, restaurants, and the stunning beaches that the area is renowned for.

[smartcode_project_cta:default project_id=134080]

Malolo is part of a limited supply of developments across the Noosa region, making it a unique opportunity for buyers looking for brand-new, architecturally designed townhouses or apartments

Final opportunity at Malolo in Noosaville as sell-out approaches

The availability of apartments, in quiet pockets in Bayside, is dwindling.

Despite Hampton East's population rising above 5,000 from the 2016 census to the most recently collected census in 2021, the percentage share of apartments declined.

Apartments accounted for over 22 per cent of dwellings in the <a href="/new-apartments/hampton-east-vic-3188">small 1.4-kilometre squared suburb</a> in 2016. That number has dropped to just over 20 per cent, with the data suggesting just nine extra apartments added over five years.

The lack of apartment supply, especially ones located on a quiet street, makes <a href="/new-apartments/casa-tranquila-hampton-east-15-19-king-street-hampton-east">Casa Tranquila</a>, a rare find.

[smartcode_project:default project_id=113441 project_image_fid=208735]

The project is ideally located to take advantage of local amenities. With its postcode being 3188, the same as Hampton, Casa Tranquila sits on a quiet, leafy corner, but close to a retail precinct and just 300 metres to the closest train station.

"It's a hidden gem in Bayside," Chad Arbid says.

"Hampton East is an affordable Bayside suburb known for parks, the beach, the best schools, shopping strips – like Hampton St, Bay St and Church St, restaurants and cafes, gyms, golf courses and medical centres - all within easy reach. It’s no wonder that the Channel 9 TV show The Block 2023 chose Charming Street - just around the corner from Casa Tranquila - and sold all five houses with record prices."

[smartcode_project:default project_id=113441 project_image_fid=256593]

With this strategic location on King Street, conveniently but quietly set a street back from the South Road thoroughfare, comes a vibrant selection of local retail outlets, cafes, restaurants, and bars, including station-side establishments like Wilbury &amp; Sons, Uncles, Comma Food &amp; Wine, TOAST IT!, 4 Seasons Laksa, and Everwell Medical Centre.

The location of Casa Tranquila also places it within reach of Victoria's premier golf clubs, such as Kingston Heath, Brighton and Royal Melbourne Golf Clubs, all a short drive away.

Nature enthusiasts can explore the nearby green spaces, with Dendy Park and Brighton Beach offering idyllic settings for outdoor activities and relaxation.

[smartcode_project:default project_id=113441 project_image_fid=256602]

Families considering Casa Tranquila will also find themselves in proximity to esteemed educational institutions in Melbourne. Hampton Primary School, St Agnes' School, St Paul's School, Our Lady of the Sacred Heart College, St Leonards and Haileybury are all within a convenient short drive from the development.

Designed by Chandler Architecture, Casa Tranquila comprises one, two, and three-bedroom residences. The massive onsite display suite presents a clear indication of the high-end fittings and fixtures that Chandler Architecture envisioned.

Every apartment at Casa Tranquila comes with a car park and storage cage, the three bedroom residences come with two car spaces. Casa Tranquila also offers a shared car parking facility, enabling residents to conveniently access on-site rental car services for various durations, from short hourly rentals to full-day usage.&nbsp;

The development has low body corporate fees with no car-stackers and welcomes residents into a resort-style lobby, evoking a sense of tranquillity and sophistication. Featuring concierge services, and amenities such as a cocktail resident’s lounge with fireplace and bar and a covered BBQ area with a central garden,&nbsp;

Casa Tranquila is selling fast with 60% of sales achieved so far. Construction is commencing soon with expected completion to be in the first quarter of 2026.&nbsp;

The lack of apartment supply, especially ones located on a quiet street, makes Casa Tranquila, a rare find

How Casa Tranquila in Hampton East takes advantage of the whole of Bayside's amenities

Developer CCIG Capital Pty Ltd's (CCIG) <a href="/developments/caulfield-north-vic-3161">Caulfield North</a> apartment development Reverie kicked off its launch with 30 per cent of its apartments snapped up on its launch.

<a href="/new-apartments/reverie-caulfield-79-89-hawthorn-road-caulfield-north">Reverie</a>, comprising 34 two and three-bedroom apartments across seven levels, is the first new apartment launch in the <a href="/developments/caulfield-north-vic-3161">Caulfield North</a> in 2024.

[smartcode_project:default project_id=144513 project_image_fid=269497]

Award-winning <a href="/architects/bg-architecture">BG Architecture</a> have teamed with acclaimed interior design firm, Hecker Guthrie, to design what CCIG believes a "sensitively considered built environment [that] can inspire us and open the door to reverie."

The architectural design of Reverie is characterised by soft arches and organic curves, divided into three levels; The Penthouse Level, The Sanctuary Levels, and The Podium — offering panoramic bay and city views in the Penthouse Level to spacious balconies overlooking Caulfield Park and the city skyline in the Sanctuary Levels.

[smartcode_project:default project_id=144513 project_image_fid=269502]

The apartments, priced from $895,000 to $4,635,000, boast generous living and dining spaces, well-appointed kitchens with natural stone benchtops and premium Miele appliances, and customisable colour schemes.&nbsp;

Reverie is targeting a 7-Star Energy Rating and is expected to be completed by February 2026.

[smartcode_project_cta:default project_id=144513]

Reverie is targeting a 7-Star Energy Rating and is expected to be completed by February 2026

Reverie Caulfield North races to 30% sold

Local developer ITUM has chosen a leafy quiet street as a strategic location for their aptly named Carnegie apartment development, Mimosa Row, an address in between convenience and quiet.

The positioning of Mimosa Row,&nbsp;on Mimosa Road, ensures residents are just a stone's throw away from Carnegie's Koornang Road dining precinct, known for its wide range of shops, multicultural restaurants, cafes, and bars.

Among these, Spilt Milk, Shyun, a Japanese restaurant known for its fresh seafood and seasonal ingredients, the nearby Shyun Ramen Bar, and Left Field stand out as some of the local favourites.

[smartcode_project:default project_id=139888 project_image_fid=212587]

<a href="/new-apartments/mimosa-row-carnegie-100-104-mimosa-road-carnegie">Mimosa Row</a>, just&nbsp;40-apartments in a low-rise series of buildings, is also conveniently located just over 10 kilometres from <a href="/new-apartments/melbourne-vic">Melbourne</a>'s CBD, just under three kilometres from Chadstone Shopping Centre, and a host of local amenities including parks, health clubs, and educational institutions.&nbsp;

The <a href="/developments/carnegie-vic-3163">Carnegie</a> train station is 600 metres away, located near Carnegie Central, a mixed-used shopping mall featuring grocery stores, medical and health services, cafes, takeaways, and restaurants.

Residents are also only a five-minute drive to Caulfield Racecourse Reserve, home to a lake, picnic areas, grandstand, and horse training tracks. The venue is open every day apart from race days and major events.

[smartcode_project:default project_id=139888 project_image_fid=212597]

Education options are also abundant in the vicinity of Mimosa Row, with Carnegie Primary School a short eight-minute walk away, alongside St Anthony's School, Glen Eira College, and Monash University, all within a radius of 850 metres.

<a href="/developers/itum">ITUM</a> appointed <a href="/builders/platinum-construction-0">Platinum Construction</a> as the builder of the <a href="/architects/bg-architecture">BG Architecture</a>-designed Mimosa Row. It is expected to complete in late 2025.

[smartcode_project_cta:default project_id=139888]

ITUM appointed Platinum Construction as the builder of the BG Architecture-designed Mimosa Row. It is expected to complete in late 2025

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