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

<a href="/developers/lechte-corporation">Lechte Corporation</a> has appointed <a href="/builders/casconstruct">CasConstruct</a> to bring their <a href="/developments/canterbury-nsw-2193">Canterbury</a> apartment development <a href="/buildings/melior-1-shierlaw-avenue-canterbury">Melior</a> to life.

The five-level building comprises one, two, and three-bedroom apartments around an inner oasis of private green space and canopy trees.

[smartcode_project:default project_id=109627 project_image_fid=184616]

Designed by Plus Architecture, the street-facing facade of Melior drew inspiration from Canterbury's rich 19th-century architectural history.&nbsp;

Geometric lines and silhouettes contribute to the overall design, creating a visually appealing structure that seamlessly integrates with the surroundings.

Behind Melior's sculptural walls, residents can expect sophisticated and well-thought-out apartment interiors by <a href="/architects/mim-design">Mim Design</a>.

[smartcode_project:default project_id=109627 project_image_fid=184612]

The apartment features marbled patterning in the kitchen, creating a painterly effect with warm tones and satin, brush platinum, and timber finishes.&nbsp;

The refined design extends to Melior's bathrooms, where warm tones and stone patterns create a calm haven on the apron front vanity and rising splashback.

The three-bedroom homes offer additional features, including walk-in pantries with concealed laundry and walk-in robes in bedrooms.

[smartcode_project:default project_id=109627 project_image_fid=184613]

For communal spaces, Melior will include an extensive wine cellar designed for group entertaining and a beautifully landscaped courtyard that opens to an adjoining nature reserve.&nbsp;

Melior's landscaping includes tree-lined streets, gardens, greenery, and a variety of secluded and open spaces with white-rendered walls, platforms, lawns, and raised beds.&nbsp;

[smartcode_project:default project_id=109627 project_image_fid=184617]

Adding to the convenience, two commercial tenancies facing Shierlaw Avenue provide further amenities for the residents.&nbsp; Melior is also strategically located just moments away from the vibrant Maling Road.

Apartments at Melior start from $595,000.

[smartcode_project_cta:default project_id=109627]

Staff Writer

Lechte appoint CasConstruct to build Melior, Canterbury apartment development

Melbourne is undergoing massive infrastructure works as part of Victoria's $11 billion Metro Rail Project.

The Metro Rail Project includes the construction of twin nine-kilometre rail tunnels from <a href="/developments/kensington-vic-3031">Kensington</a> to <a href="/developments/south-yarra-vic-3141">South Yarra</a> as part of a new end-to-end service from <a href="/developments/sunshine-vic-3020">Sunshine</a> to <a href="/developments/dandenong-vic-3175">Dandenong</a>.

Five new underground train stations are also being built for the project: <a href="/developments/north-melbourne-vic-3051">North Melbourne</a>, <a href="/developments/parkville-vic-3052">Parkville</a>, State Library, Town Hall, and ANZAC.&nbsp;

The stations will not only enhance public transport accessibility but also offer retail opportunities and benefits to the local areas. The new stations are also expected to alleviate congestion in the Swanston Street/St Kilda Road tram corridor in particular.

ANZAC Station,&nbsp;situated at the corner of St Kilda Road and Domain Road, is set to be a game changer for the St Kilda Rd precinct when it opens in 2025 on the edge of the Shrine of Remembrance Reserve. It will be just one stop to the CBD.

It will serve thousands of residents and workers in the area, with a daily passenger capacity of up to 40,000 by 2031. The station is designed with a distinctive canopy above the tram interchange and will have three main entrances for an integrated passenger experience.

We've had a look at what's being developed in the area, and which new projects will take advantage of the new station.

<h2>Project: The Albertine</h2>

<h3>Address: 31 Queens Lane, Melbourne VIC 3000</h3>

<h3>Developer: Mirvac</h3>

Residents at leading property developer <a href="/developers/mirvac">Mirvac</a>'s latest $200 million Melbourne apartment development, <a href="/new-apartments/the-albertine-by-mirvac-melbourne-31-queens-lane-melbourne">The Albertine</a>, will be ideally positioned to take advtange of the new ANZAC Station from its Queens Lane address.

Mirvac snapped up the prime 2,323 sqm site in mid-2022, with the driving force behind the purchase being the unbeatable location.&nbsp;

Read more:&nbsp;<a href="/news/vic/a-parkside-haven-how-mirvacs-the-albertine-takes-advantage-of-melbournes-best-parks">A parkside haven: How Mirvac's The Albertine takes advantage of Melbourne's best parks</a>

[smartcode_project:default project_id=138659 project_image_fid=215870]

The all-electric building will see around 100 large-sized one, two, three and four-bedroom apartments across 15 levels.&nbsp;

Like Mirvac's portfolio, particularly across their Sydney and Melbourne projects, there's also a high level of amenity for residents.

[smartcode_project:default project_id=138659 project_image_fid=215874]

The resident facilities are split across different levels. The Circadian Club will feature an indoor pool and spa, state-of-the-art gym, yoga and Pilates studio, and sauna, while the Elysian Room on level 10 will be residents' exclusive dining space with sweeping views across Melbourne.

Mirvac's award-winning design team handled the interiors, while <a href="/architects/plus-architecture">Plus Architecture</a> created a striking facade with sweeping curves and organic forms.

Read more:&nbsp;<a href="/news/vic/mirvac-partners-with-interior-designer-brahman-perera-on-the-albertine-melbourne-apartment-development">Mirvac partners with interior designer Brahman Perera on The Albertine, Melbourne apartment development</a>

<h2>Project: The Eighth</h2>

<h3>Address: 8 Palmerston Crescent, South Melbourne VIC 3205</h3>

<h3>Developer: Projects by Crema</h3>

<a href="/developers/crema-group">Projects by Crema</a>'s recently completed <a href="/buildings/the-eighth-south-melbourne-22-kings-place-south-melbourne">The Eighth</a> is a mixed-use development between three of Melbourne's best parks and a few hundred metres to St Kilda Road.

The Eighth is in an ideal transport pocket, just off the bus stops on Park Street and the new ANZAC Station.

[smartcode_project:default project_id=5345 project_image_fid=227027]

Designed by <a href="/architects/fraser-partners-0">Elenberg Fraser</a> and <a href="/architects/rob-kennon-architects">Kennon</a>, the 18-level building is home to two levels of commercial office space, 36 high-end apartments, a resident rooftop with a swimming pool and bar, and a new holistic corporate wellbeing business taking up the whole podium level.

The Eighth offers three and four-bedroom apartments ranging from 128 to 256 sqm starting at $1.595 million, featuring an open-plan living room, modern kitchen, stone baths, and private lift access.

Read more:&nbsp;<a href="/news/vic/projects-by-crema-approach-completion-of-south-melbourne-apartment-development-the-eighth">Projects by Crema approach completion of South Melbourne apartment development, The Eighth</a>

<h2>Address: 424–426 St Kilda Road, Melbourne</h2>

<h3>Developer: GURNER™</h3>

Developer <a href="/developers/gurner">GURNER™</a> plans to create an $800 million mixed-use development on St Kilda Road after snapping up&nbsp;<a href="/new-apartments/illoura-house-424-426-st-kilda-road-melbourne">424–426 St Kilda Road</a>, a 4,651 sqm site opposite Albert Park.

The unnamed project aims to include between 160 to 180 residences with uninterrupted views over the Royal Botanic Gardens, Domain precinct, city skyline, and Albert Park Lake.

<img alt=" 424–426 St Kilda Road, Melbourne" data-entity-type="file" data-entity-uuid="fd46c1e8-dc91-4b18-ab27-1e58d9b17f7e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/424%E2%80%93426%20St%20Kilda%20Road%2C%20Melbourne.png?VersionId=aUgtSSa7RYLNWzPoxF8BGI0xlDqMk99P" />

The residences are designed for downsizers and lifestyle upsizers, focusing on wellness and lifestyle.

The plans include on-site retail that complements the prestigious location and wellness amenities to promote a healthy lifestyle among residents.

Read more:&nbsp;<a href="/news/vic/gurner-to-create-the-next-st-moritz-at-newly-acquired-st-kilda-road-melbourne-site">Gurner to create "the next St Moritz" at newly acquired St Kilda Road, Melbourne site</a>

<h2>Address: 437 St Kilda Road, Melbourne</h2>

<h3>Developer: Cbus Property</h3>

Property developer and investor <a href="/developers/cbus-property">Cbus Property</a> marks the first venture into the St Kilda Road precinct with an acquisition of a residential development site at <a href="/new-apartments/four-three-seven-by-cbus-property-437-st-kilda-road-melbourne-vic-3000">437 St Kilda Road</a>, which the company aims to bring the development to the market in 2024.

The site is described as one of Melbourne's premier undeveloped residential opportunities due to its prime location with views across Fawkner Park and proximity to the CBD, Toorak Road, South Yarra, Albert Park, and the future ANZAC Station.

<img alt="437 St Kilda Road, Melbourne" data-entity-type="file" data-entity-uuid="0c50c1d0-afe3-49e3-b4f3-74d0e1cb358d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/437%20St%20Kilda%20Road%2C%20Melbourne.png?VersionId=uG8NYo4ZKUo_Rn9wpu6jBT5GvtS0YDYo" />

The proposed development, designed by the renowned architecture firm <a href="/architects/bates-smart">Bates Smart</a>, envisions 83 apartments spread across 17 levels and will include various residential amenities such as an indoor pool, gym, residents' lounge, and private dining room.&nbsp;

The forecasted end value of the development is $350 million, and it is currently in the process of obtaining development approval from the Department of Transport and Planning.

Read more:&nbsp;<a href="/news/vic/cbus-property-set-for-first-st-kilda-road-apartment-development">Cbus Property set for first St Kilda Road apartment development</a>

<h2>Project: 333 StK</h2>

<h3>Address:&nbsp;333 St Kilda Road, St Kilda VIC 3182</h3>

<h3>Developer:&nbsp;Matrix Developments</h3>

Situated strategically on a 2,540 sqm corner site along St Kilda Road and Blanche Street, <a href="/developers/matrix-developments">Matrix Development</a>'s 333 StK offers convenience and accessibility at its core.

Boasting an excellent transit score of 81, future residents at 333 StK will be just a few metres from a tram stop, benefiting from improved access through ANZAC Station.

The <a href="/architects/rothelowman">Rothelowman</a>-designed 333 StK comprises 76 one, two and three-bedroom apartments, including two limited penthouse duplexes. They will sit above ground level which will have two retail spaces, expected to be a mini grocer and a specialty bakery cafe.

[smartcode_project:default project_id=112949 project_image_fid=252264]

Communal areas include a fully appointed private dining room, a multifunctional lounge that can serve as a media room, conference, and meeting space, a rooftop retreat with a built-in barbecue and comfortable seating areas, and a fully equipped gym exclusively for residents' use.

333 StK will also place residents in proximity to various local amenities and attractions, including St Kilda Esplanade Market, The Avenue Hospital, St Kilda Park Primary School, St Mary College, St Kilda Beach, St Kilda Botanical Garden, and Luna Park.

Construction, led by <a href="/builders/balmain-co">Balmain &amp; Co</a>, is on track for completion in Q4 2025.&nbsp;

<h2>Project: Victoriana</h2>

<h3>Address: 20 Queens Road, Melbourne VIC 3004</h3>

<h3>Developer: CDG Group</h3>

Developed by <a href="/developers/cdg-group">CDG</a> and <a href="/developers/eramount">Eramount</a>, <a href="/buildings/victoriana-melbourne-20-queens-road-melbourne">Victoriana</a> rises above one of Melbourne’s most distinguished and prominent boulevards and a major gateway to the CBD, St. Kilda Road.

St Kilda Rd has some of <a href="/developments/melbourne-vic">Melbourne</a>'s most iconic residential buildings, adjacent to Queens Road which flanks Albert Park Lake and is just a stone's throw away from the upcoming ANZAC Station.

Designed by the multi-disciplined and award-winning architectural practice, <a>Rothelowman</a>, Victoriana stands tall at 18 levels and elegantly slopes between Melbourne Central Activities district and St Kilda Junction, preserving views of the Shrine of Remembrance. This design reduces the visual impact on nearby homes and improves Queens Road's landscaping.

[smartcode_project:default project_id=1979 project_image_fid=78667]

Completed in March 2021 by <a href="/builders/hickory">Hickory</a>, Victoriana boasts 250 oversized two, three, and four-bedroom apartments, including a super penthouse occupying the entire 16th floor.

While most modern apartments feature communal swimming pools, Victoriana elevates the experience by providing residents with their very own pools.

There's a heated 25-metre indoor swimming pool, a steam room and a sauna, as well as a state-of-the-art gym, equipped with cardio and weights, a lounge and garden terrace, and services like concierge assistance, secure video intercom entry, high-speed lift access, and a porte-cochere.

ANZAC Station, situated at the corner of St Kilda Road and Domain Road, is set to be a game changer for the St Kilda Rd precinct when it opens in 2025

The best apartment developments to take advantage of St Kilda Road's new Anzac Station 

We've taken a look at which developers are set to be contributing to Melbourne's new development space in 2024

The top 11 Melbourne off the plan apartment developers to look out for in 2024

South Melbourne, one of the Melbourne's oldest suburban areas with well-preserved Victorian-era homes amidst cosmopolitan amenities, continues to evolve and revive itself into a melting pot of culture, heritage and contemporary living.&nbsp;

Nic Crema, head of <a href="/developers/crema-group">Projects by Crema</a>, wanted to bring something different to his Palmerston Crescent site, between three of Melbourne's best parks and conveniently located near St Kilda Rd.

The result is <a href="/buildings/the-eighth-south-melbourne-22-kings-place-south-melbourne">The Eighth</a>, a mixed-use development of commercial office space, 36 high-end apartments, a resident rooftop with swimming pool and bar, and a new holistic corporate wellbeing business taking up the whole of the podium level.

Designed by Elenberg Fraser and Kennon, the 18-level building has recently completed, welcoming its first residents over the Christmas break.

While South Melbourne is well known for its markets, The Eighth offers a different lens of <a href="/new-apartments/south-melbourne-vic-3205">South Melbourne</a>, while still only being a few kilometres from the hotspot which draws visitors from all across Melbourne.

The Eighth is in an ideal transport pocket, just off the bus stops on Park Street, a few hundred metres to St Kilda Road which runs in and out of the city, as well as the new Anzac Station which is expected to be a game changer for the precinct when it opens in 2025.

Convenience is at the foot of the building in the Palms Cafe and&nbsp;Beppi's Wine Bar on the ground floor. Coffee spots are plentiful nearby, with&nbsp;The Kettle Black and Albertchino Cafe just around the corner, while The Olive Tree, next door to The Eighth, is the perfect spot for seafood and steak. Another popular food option is Japanese bento at Oishii Tokyo, two minutes from the doorstep.

The Clarendon Street shopping strip, Coles, and The Clarendon Centre shopping mall are only a 15-minute walk down the road, while the famous South Melbourne Market is a 25-minute stroll away from The Eighth.&nbsp;

Homemade Donuts, Simply Spanish and other cuisine restaurants in South Melbourne's covered food market sit alongside fresh fruit and vegetable stores, butchers, seafood vendors, coffee shops, fashion boutiques, souvenir stores, and florists.

Residents can visit several sports centres, pet stores, Officeworks, salons, home goods stores, bars and eateries, knowing home at The Eighth is just a stroll away.

The Eighth offers three and four-bedroom apartments ranging from 128 to 256 sqm starting at $1.595 million, featuring an open-plan living, modern kitchen, stone baths and private lift access.

[smartcode_project_cta:default project_id=5345]

How The Eighth brings something different to South Melbourne

Since launching the redevelopment of Moonee Valley Park back in 2019, Melbourne developer Hamton has continued to transform the racecourse surroundings into a $2 billion masterplan.

With everything going on at Moonee Valley Park in <a href="/new-apartments/moonee-ponds-vic-3039">Moonee Ponds</a>, Apartments.com.au CEO Mike Bird sat down with Hamton Managing Director Matt Malseed to discuss the development.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" src="https://www.youtube.com/embed/PElObglwXRc?si=Wt4gK08_CO3PXLaH" title="YouTube video player" width="560"></iframe>

Builder ICON recently kicked off construction of the latest stage of Moonee Valley Park, <a href="/new-apartments/trackside-house-moonee-ponds-moonee-valley-racecourse-moonee-ponds">Trackside House</a>, the first building in the precinct that overlooks the track back to the city. It will also have the only units that will overlook the finishing straight.

Malseed says one of the unique features of the masterplan is that all of the buildings are spread out.&nbsp;

"It isn't just one good side and one not so good side, there's incredible aspects all around our botanical park. The vision for the precinct is for a neighbourhood within a botanical park."

[smartcode_project:default project_id=105114 project_image_fid=210517]&nbsp;

<a href="/new-apartments/trackside-house-moonee-ponds-moonee-valley-racecourse-moonee-ponds">Trackside House</a> will comprise just over 200 apartments across 11 levels.&nbsp;

Also under construction is <a href="/new-apartments/stonepine-house-at-moonee-valley-park-kenna-street-moonee-ponds">Stonepine House</a>, that includes&nbsp;119 one, two and three-bedroom units.

Both buildings will have extensive resident amenity like a rooftop pool, hobby room, state of the art gym, and private dining areas which are bookable by the resident app.

[smartcode_project:default project_id=110367 project_image_fid=199239]

<a data-saferedirecturl="https://www.google.com/url?q=https://www.urban.com.au/developers/hamton&amp;source=gmail&amp;ust=1705021977799000&amp;usg=AOvVaw0E_KxTvB4sh4R5VDysaj1S" href="/developers/hamton" target="_blank">Hamton</a>&nbsp;has worked with&nbsp;<a data-saferedirecturl="https://www.google.com/url?q=https://www.urban.com.au/architects/rothelowman&amp;source=gmail&amp;ust=1705021977799000&amp;usg=AOvVaw0Of0cUOZCUhZcA2AbzprPG" href="/architects/rothelowman" target="_blank">Rothelowman</a>&nbsp;for completed residential stages in the project. They're also working on Trackside and Stonepine House.

Cera Stribley has put plans together for the next stage of the precinct, which will be home a further 442 apartments to the growing community.

[smartcode_project_cta:default project_id=110367]

Since its launch in 2019, Hamton, a prominent Melbourne developer, has been steadily shaping the $2 billion masterplan of Moonee Valley Park. In a recent interview with Hamton's Managing Director, Matt Malseed, Urban.com.au CEO Mike Bird explores key insights for potential buyers.

Michael Bird

Everything a buyer needs to know about Moonee Valley Park: Five minutes with Hamton's Matt Malseed

The City of Melbourne has unanimously given the green light to a revised development application by MAB Corporation for their new <a href="/developments/docklands-vic-3008">Docklands</a> precinct, NewQuay <a href="/developments/docklands-vic-3008">Docklands</a>.

Adjacent to the <a href="/developments/docklands-vic-3008">Docklands</a> Primary School, the signed off plans for the near one-hectare development site at 396-416 Docklands Drive, which&nbsp;currently serves as a commercial car park, include a&nbsp;mixed-use precinct with five-towers comprising commercial offices, a hotel and apartments, as well as abundant retail and hospitality at street level and a 700 sqm pocket park.

The planning application has undergone a number of amendments since its inception in 1999, with community engagement playing a crucial role in shaping the proposal.

Initially the project was approved for&nbsp;just over 11,000 sqm of commercial office space and no residential or hotel components, although the recent amendment reduced the office space by 3,150 sqm to make way for a 200-room hotel and 600 dwellings.

There will be 156 studios on offer, 232 one-bedroom apartments, 203 two-beds, and just nine three-bed apartments. The towers will rise from two 20-metre podiums which will feature the hotel and resident amenity such as swimming pools and barbecue spaces.

<img alt="MAB" data-entity-type="file" data-entity-uuid="bac39fd2-ad1a-470b-805c-661102d28617" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-01-04%20at%2010.47.36%20am.png?VersionId=sn0K63jtj0PRV7M2ozwJj80k0.1iESMK" />

The City of Melbourne's planning team collaborated closely with MAB, resulting in positive design changes addressing previous concerns.&nbsp;

These changes include a 10-metre separation between towers, the removal of one tower, a reduction in maximum built-form height, revised building envelopes, a modified public park layout, and additional design principles.

Designed by ARM Architecture with Rush Wright Associates, the precinct incorporates retail and dining options within the podiums, office floor space, podium car parks, and a new 11 to 13-metre-wide pedestrian laneway connecting the school to the tram depot and New Quay Central Park.&nbsp;

<img alt="Docklands" data-entity-type="file" data-entity-uuid="4817edb8-8c38-456f-9315-1ff8a27e469b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-01-04%20at%2010.41.41%20am.png?VersionId=7MJHIhVSIsusIlyGBlEN8QNW9xlqWjfF" />

The west podium comprises three residential towers, while the east contains two, carefully considering mirroring the existing streetscape context and character.

The development is expected to deliver between 500 and 600 residential dwellings and 20,000 sqm of commercial spaces, including the possibility of a hotel.

A key feature of the project is a 700 sqm public park at the corner of Little Docklands Drive and St Mangos Lane, positioned adjacent to Docklands Primary School.&nbsp;

<img alt="Newquay" data-entity-type="file" data-entity-uuid="6d04f474-3859-43ee-bb94-b13bc62e06b4" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-01-04%20at%2010.41.58%20am.png?VersionId=py897uW3Bc65YTtEs37vx0L76Lg6w1.C" />

The pocket park, a later addition to the application, will feature seating areas, a children's play zone, a café, ramp and stair access, sandstone boulders, and bike ramp facilities.&nbsp;

The project will unfold in four stages, with the delivery of the new park scheduled for the initial phase.

The plans were endorsed by City of Melbourne councillors, with Deputy Lord Mayor Nicholas Reece praising the application and highlighting the positive impact of the pocket park on the community.&nbsp;

There will be 390 car spaces provided across the development, and 700 bicycle spaces.

The planning application has undergone a number of amendments since its inception in 1999, with community engagement playing a crucial role in shaping the proposal

MAB to bring 600 apartments to Docklands after City of Melbourne green light NewQuay Docklands

Melbourne's popular Flinders Street is set to get a rare new apartment development in the form of The Highlander, an architecturally striking tower just off the Yarra opposite the Sea Life Aquarium.

The Highlander, at <a href="/new-apartments/the-highlander-melbourne-490-flinders-street-melbourne">490 Flinders Street</a>, is being developed by Singaporean investment firm Havenport Investments, who added the adjoining site at 1-9 Highlander Lane to create enough space for the 23-level building which will home 35 apartments.

There will be a mix of two and three-bedroom apartments, some half and some full floor. The levels up to 14 will have a maximum of three apartments, while from 14 to 21 will have three-bedroom, full floor apartments.

Level 22 homes a near 300 sqm, $7.5 million penthouse with unobstructed views over the river and Southbank.

The two-bedroom apartments, which start from 82 sqm, start from just over $1 million. The three-bedrooms start from $1.3 million.

<img alt="Highlander" data-entity-type="file" data-entity-uuid="32885115-4925-444d-97a5-64ffd58419b8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-01-04%20at%209.40.08%20am_3.png?VersionId=fmk3_0RylAF2y5qsFABELwd7ztAawldI" />

The plans also include a ground floor with a residential lobby, a cafe, retail spaces, a basement level with a car stacker for ten vehicles, bicycle parking, and site services.

Designed by Metier 3, The Highlander features a dynamic facade&nbsp; through its chamfered and patterned windows.

The interiors feature wide solid oak floors, marble countertops and oak cabinetry throughout.

The heart of each Highlander apartments is the kitchen, complete with a butler's pantry and top-of-the-range AEG and Gaggenau appliances.

<img alt="The Highlander" data-entity-type="file" data-entity-uuid="06b785ec-8894-475b-8d25-96e42e4e34e6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-01-04%20at%209.40.16%20am.png?VersionId=cou4EHA2YTCSxhPxRr9D_WsBk40hrBHC" />

Andrew Norbury, founder of Metier3, said the philosophy of The Highlander deliberately avoids maximisation.

"Instead, we approached The Highlander as an artful expression of home design-less apartments, greater homes-drawing inspiration from a time when form and function were thoughtfully woven together with empathy and purpose."

The Highlander's location at the eastern end of Flinders Street, at the edge of the Hoddle Grid, allows for&nbsp;southern views of the Yarra River and an eastern perspective of Melbourne's Gardens. It's also just a stones throw from Southern Cross Station.

Castran Gilbert is marketing the project. They already have a number of reservations.

First look: Inside the new Flinders Street apartment development, The Highlander

Diversified Melbourne developer Giancorp Property Group has launched its latest residential project.

Fresh off completing Penny Lane in Moonee Ponds, the&nbsp;George Giannarelli founded developer has ventured further east to Alphington where they've just revealed Park Avenue, a collection of 73 apartments and townhouses at&nbsp;700 Heidelberg Road,

Designed by Marchese Partners, Park Avenue’s classic architectural design and finishes complement the surrounding streetscape in style and scale.

Each residence is meticulously planned to maximise views and facilitate comfortable living. The homes feature a harmonious blend of timeless architecture, expansive interiors, and elevated park and river views.

<img alt="Park Avenue" data-entity-type="file" data-entity-uuid="ab78ed2a-4d29-4428-adfc-3aee88301e61" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-12-21%20at%201.09.51%20pm.png?VersionId=fdoVYXyzviO14EPmU7s8PhYMV40AbNiM" />

Floor-to-ceiling windows enhance warm and inviting interiors, framing panoramic park views that stretch toward the river. The interiors seamlessly extend to the oversized balcony or terrace, providing an ideal private space for dining, entertaining, and relaxation.

The beautifully appointed and spacious kitchen showcases natural stone as the focal point, complemented by a generous island bench, premium appliances, and well-thought-out streamlined storage. Larger apartments offer the option for a butler’s pantry and dedicated study space.

Prospective homeowners can choose between a light or dark scheme for their residence.

Standout amenities will elevate residents' lifestyle and experience at Park Avenue.&nbsp;

<img alt="Park Avenue" data-entity-type="file" data-entity-uuid="f425b381-7453-47bd-bd11-4cb9e0dc7e41" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-12-21%20at%201.11.21%20pm.png?VersionId=133.BLD8BGYJR5WLArkiSqHPe73KoO0g" />

Residents can host the perfect party in the residents’ lounge, which can be reserved exclusively for their event. Residents can prepare everything they need with a fully equipped kitchen, while the large dining table and cosy couches provide seating to suit all guests.

Meanwhile, the communal dining area is ideal for outdoor entertaining, with alfresco seating and a barbecue area framed by pretty pergolas and lush greenery.

Residents will also enjoy round-the-clock access to the dedicated gym, with various machines, free weights, and open space for post-workout activities.

<img alt="Park Avenue Residences" data-entity-type="file" data-entity-uuid="84dbba77-d90a-4eee-9f39-ce3480b0ed1b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-12-21%20at%201.12.01%20pm.png?VersionId=3xaMF_1kHLhuDqWtZnxCmW1cI37N1wUC" />

Giancorp is targeting an average energy rating of 7.1 stars for Park Avenue, showcasing a commitment to environmentally conscious initiatives. Features include double-glazing and cross-ventilation design, CO monitoring, EV charging points, rainwater storage, high-efficiency LED lighting, 5-star cooling systems, and 26kW of PV on the roof.

Construction will also prioritise low VOC, PVC, and formaldehyde building products and recycle over 80 per cent of construction waste.

Park Avenue is just 6.5 km north-east of Melbourne’s CBD and only moments from parklands, wetlands and the Yarra River.&nbsp;

Alphington Station, a convenient five-minute walk away, provides simple access to the CBD, complemented by easy access to the Eastern Freeway and the Main Yarra Trail for cyclists.

Apartments range from $475,000 to $1,895,000.

Park Avenue is just 6.5 km north-east of Melbourne’s CBD and only moments from parklands, wetlands and the Yarra River

Giancorp launch Park Avenue Alphington apartments and townhouses

Property developer and investor Cbus Property has acquired a residential development site which it hopes to bring to the market in 2024.

They snapped up 3,036 sqm at&nbsp;<a href="/new-apartments/four-three-seven-by-cbus-property-437-st-kilda-road-melbourne-vic-3000">437 St Kilda Road</a>, in Melbourne's St Kilda Road precinct, Cbus Property's&nbsp;inaugural venture into the St Kilda Road area.

They secured the site from Melbourne-based investment company GLG, who will maintain a minor ownership stake in the project which has a forecasted end value of $350 million.

The site is currently obtaining development approval from the Department of Transport and Planning (DTP), featuring a design crafted by the renowned architecture firm Bates Smart.&nbsp;

The proposed development envisions 83 apartments spread across 17 levels.&nbsp;

Read more:&nbsp;<a href="/news/vic/gurner-to-create-the-next-st-moritz-at-newly-acquired-st-kilda-road-melbourne-site">Gurner to create "the next St Moritz" at newly acquired St Kilda Road, Melbourne site</a>

Cbus Property's CEO, Adrian Pozzo, expressed confidence that the <a href="/new-apartments/four-three-seven-by-cbus-property-437-st-kilda-road-melbourne-vic-3000">437 St Kilda Road</a> project will uphold the high standards in their recently completed 17 Spring St development in Melbourne's CBD.&nbsp;

Pozzo aims to set a new benchmark in response to the market's demand for quality residential apartments.

Describing the site as one of Melbourne's premier undeveloped residential opportunities, Pozzo highlighted its prime location, offering views across Fawkner Park and proximity to the CBD, Toorak Road, South Yarra, and Albert Park.&nbsp;

“We consider this site to be one of the best undeveloped residential opportunities in Melbourne due to its premium address, offering views across Fawkner Park, and its proximity to the amenities of the CBD, Toorak Road, South Yarra and Albert Park," Pozzo said.

“In recognising the prime location of the site in the heart of the St Kilda Road precinct, we seized the opportunity to deliver another industry-leading residential tower for Melbourne.”

The development will include various residential amenities such as an indoor pool, gym, residents' lounge, and private dining room.&nbsp;

The project represents Cbus Property's fourth collaboration with Bates Smart, following ventures like Classic East Melbourne, 35 Spring St, and 17 Spring St.

With <a href="/new-apartments/four-three-seven-by-cbus-property-437-st-kilda-road-melbourne-vic-3000">437 St Kilda Road</a>, Cbus Property continues its significant presence in the Melbourne property market, marking its 24th development venture in the greater Melbourne area.&nbsp;

The company's broader development pipeline across Australia totals $4.5 billion, covering residential and commercial projects in Melbourne, Sydney, Brisbane, and Perth.&nbsp;

Aligning with Cbus Property's commitment to environmentally sustainable development, the project aims to deliver residences with a net zero carbon footprint, targeting a 5-star Green Star Buildings rating.

Anticipated to launch its sales campaign in mid-2024, 437 St Kilda Road construction is scheduled to commence in 2025.

[smartcode_project_cta:default project_id=143359]

The project represents Cbus Property's fourth collaboration with Bates Smart, following ventures like Classic East Melbourne, 35 Spring St, and 17 Spring St

Cbus Property set for first St Kilda Road apartment development

Melbourne-based MAB Corporation is offering the next buyers at their <a href="/new-apartments/box-hill-vic-3128">Box Hill apartment development</a>, Tempo, a generous upgrades and finishes package on the house, worth $25,000.

<a href="/new-apartments/tempo-2-bruce-street-box-hill">Tempo</a> offers 159 apartments and split-level lofts designed by Hayball Architects. The development's loft product is a signature feature of MAB Corporation, providing a unique and contemporary living experience that sets it apart from other projects in the area.

Rising 19 levels on a naturally elevated site, <a href="/new-apartments/tempo-2-bruce-street-box-hill">Tempo</a> will be the tallest building in the coveted <a href="/new-apartments/box-hill-vic-3128">Box Hill Gardens Precinc</a>t. A café with an alfresco area on the ground level will complement the bustling streetscape.

[smartcode_project:default project_id=27931 project_image_fid=75289]

<a href="/new-apartments/tempo-2-bruce-street-box-hill">Tempo</a> apartments are available in one to four-bedroom configurations, including lofts, multigenerational apartments, an exclusive collection of sky homes, and a penthouse with an indoor fireplace and a sunny terrace.

Each residence, ranging from 50 sqm, follows an open-plan design adjoining balcony gardens.

Generous high ceilings and double-glazed, 4.4-metre floor-to-ceiling windows will welcome abundant natural light and views of the <a href="/new-apartments/box-hill-vic-3128">Box Hill </a>Gardens, Dandenong Ranges, or the city skyline to the apartments.

[smartcode_project:default project_id=27931 project_image_fid=75294]

Tempo’s large outdoor terraces seamlessly extend the living and dining areas—perfectly positioned and proportioned for outdoor entertainment or simple relaxation.

Kitchens feature an island breakfast bar option, integrated appliances, and ample storage.

Multigenerational apartment designs introduce the flexibility to be occupied as a two-bedroom or one-bedroom plus studio apartment, benefiting independent multigenerational living or maximising rental opportunities.

[smartcode_project:default project_id=27931 project_image_fid=75295]

Loft apartments feature a unique interlocking design, with living zones spread across separate levels.&nbsp;

The lofts boast a flexible mezzanine space that can be utilised as a parents' retreat, home office, or versatile guest room, with the innovative design allowing residents to adapt their living area to suit their needs. This model is ideally suited to a growing family or independent adults living under one roof.

With customisation in mind, <a href="/new-apartments/tempo-2-bruce-street-box-hill">Tempo</a> offers three schemes and options for residents to make their homes their own. These include The Expressionist, a bold dark chocolate scheme; The Minimalist, an understated class featuring Terrazzo, stone, and oak; and The Traditionalist, a timeless cream and grey scheme offset by natural timber.

[smartcode_project:default project_id=27931 project_image_fid=75305]

All residents will benefit from exclusive amenities, including a spa deck on Level 11, offering northern views of <a href="/new-apartments/box-hill-vic-3128">Box Hill</a> Gardens, with the space complemented by a resort-style BBQ and al fresco dining area.&nbsp;

<a href="/new-apartments/tempo-2-bruce-street-box-hill">Tempo</a> also boasts a music room, a library, a well-equipped gym with complimentary group personal training sessions, and discounted piano lessons in the Music Room for the first 12 months.

The development will also incorporate solar panels for electric vehicle charging. This addition, alongside the supply of rainwater tanks for irrigation to common area planting, reduces the consumption of scarce resources and caters for emerging technologies.

[smartcode_project:default project_id=27931 project_image_fid=75297]

<a href="/new-apartments/tempo-2-bruce-street-box-hill">Tempo</a> was one of the first significant developments in Box Hill to be assessed against the Better Apartment Design Standards, ensuring that residents enjoy the highest quality of living. MAB Corporation's commitment to meeting and exceeding these standards is evident in every aspect of Tempo's design.

Tempo offers convenient access to <a href="/new-apartments/box-hill-vic-3128">Box Hil</a>l Central, renowned health and educational institutions, and various transportation options.

MAB Corporation has L.U. Simon currently undertaking the build, which is expected to complete Q3 2024.

[smartcode_project_cta:default project_id=27931]

MAB Corporation has L.U. Simon currently undertaking the build, which is expected to complete Q3 2024

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