New apartment supply has become increasingly constrained across <a href="https://www.apartments.com.au/developments/parramatta-nsw-2150">Parramatta</a> in recent years, with fewer projects progressing through to completion as development conditions have become more challenging.

It makes <a href="https://www.apartments.com.au/developers/novm">NOVM</a>'s 2021-completed <a href="https://www.apartments.com.au/buildings/the-lennox-parramatta-12-phillip-street-parramatta-nsw-2150">The Lennox</a> one of the most recently completed residential towers on the Parramatta River, and among the newest apartment developments in Sydney's second CBD.

With the project largely completed before the sharp escalation in construction costs and inflation following the pandemic, The Lennox is now offering pricing that would be difficult to replicate in a comparable new development in Parramatta today, or across much of Western Sydney.

The majority of the 413 apartments at The Lennox sold before and shortly after completion. A limited release of the remaining apartments has recently been brought to market by capital partner <a href="https://www.apartments.com.au/project-marketer/equitifund-group">Equitifund</a>, with entry-level pricing from $700,000 and two-bedroom apartments available from under $1 million.

Rising above the Parramatta River at 12 Phillip Street, The Lennox comprises one, two, three and four-bedroom apartments, appealing to first home buyers, young professionals, families, downsizers and interstate investors seeking a completed apartment in one of Australia's fastest-growing economic centres.

[smartcode_project:default project_id=5743 project_image_fid=372394]

Rather than positioning Parramatta as an alternative to Sydney's CBD, Equitifund believes the city has reached a point where it stands on its own merits.

"Parramatta is no longer simply an alternative to Sydney CBD, it's becoming a destination in its own right," Equitifund Executive Chairman Greg Huxley said.

"The Lennox captures that evolution with a level of quality and amenity that's difficult to match at its price point."

[smartcode_project:default project_id=5743 project_image_fid=953]

Designed by <a href="https://www.apartments.com.au/architects/marchese-partners">Marchese Partners</a>, the tower responds directly to its riverfront setting through expansive glazing and open-plan layouts that maximise views across the Parramatta River and city skyline. Interiors feature engineered timber flooring, stone benchtops, stainless steel appliances and floor-to-ceiling glazing, while generous balconies extend the living spaces outdoors.

Marchese Partners says the project was conceived to balance high-quality apartment living with practical, long-term functionality, pairing larger, efficient floorplans with amenities more commonly associated with five-star hotels.

That emphasis continues through the resident facilities, which include a 20-metre rooftop swimming pool, fully equipped gym and wellness spaces, full-time concierge, a residents' lounge, function room, private lifts, secure basement parking and rooftop communal areas overlooking the Parramatta River. Ground-floor boardwalk retail and dining further activate the riverfront and integrate the building into the surrounding public realm.

[smartcode_project:default project_id=5743 project_image_fid=925]

Australian housing and finance group Equitifund has secured the remaining apartments, believing there are few completed apartment opportunities in Parramatta that offer the same combination of location, amenity and pricing.

Equitifund National Sales Director Ben Hamblett says buyers are increasingly recognising that premium apartment living no longer needs to come with Sydney CBD pricing.

"The Lennox is where aspirational living becomes attainable," Hamblett said.

"Wake to river and mountain views, step into Sydney's Second CBD, and arrive home to resort-calibre amenities, all without the harbour price tag."

Hamblett says owner-occupiers are also attracted by the convenience of having Westfield Parramatta, Church Street's dining precinct, Parramatta Park, Riverside Theatres, Western Sydney University and major transport connections all within walking distance.

"At The Lennox, lifestyle is not an afterthought, it is the foundation."

[smartcode_project:default project_id=5743 project_image_fid=5374]

The Lennox places residents within walking distance of Parramatta Square, Westfield Parramatta, Church Street Eat Street, Parramatta Station, the ferry wharf, Light Rail, the future Sydney Metro West, Parramatta Park and CommBank Stadium, reinforcing Parramatta's position as one of Australia's most connected metropolitan centres outside Sydney's CBD.

Equitifund says buyers visiting the display suite consistently comment on the quality of the finishes, generous floorplans, river and skyline views, and the walkability of the location. The project has attracted a broad mix of local professionals, upsizers, downsizers, buyers relocating from Sydney's inner suburbs and interstate investors seeking long-term growth opportunities.

That demand aligns with Parramatta's continued evolution as an economic powerhouse. Equitifund Research and Market Insights specialist John Bekiaris says sustained population growth, infrastructure investment and expanding employment opportunities continue to support long-term housing demand across the city.

"Parramatta has evolved from a satellite city into one of Australia's most important economic centres. Population growth, infrastructure investment and employment are all supporting sustained long-term housing demand."

[smartcode_project_cta:default project_id=5743]

Joel Robinson

The apartment price gap drawing Sydney buyers west

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>.

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

Melbourne off the plan apartments

OSK has launched a boutique selection of lofts at BLVD, the latest stage of their $2.8 billion Melbourne Square masterplan in Southbank.

The Canopy Loft collection has a limited range of one, two and three-bedroom configurations starting from $877,000.&nbsp;

OSK Property's Sales and Marketing Director Ivy Chen says the Canopy Lofts offers a different lens to traditional apartment living.

“These Canopy Lofts are a very rare apartment product and appeal to a contemporary audience who want to be right next to the CBD yet are looking for something with a ‘townhouse’ feel," Chen says.

[smartcode_project:default project_id=107714 project_image_fid=218318]

"Few high-rise developers build these types of loft apartments and when they do, they are always limited in number, which makes these very sought-after.”

The majority of the lofts have a main living space on the downstairs level, then another multi-purpose space upstairs which suits a small break out lounge with study area. That overlooks the void down to the main space.

"Given the huge void, it means the lofts have six-metre high ceilings from the ground level, essentially double a standard ceiling height," Chen adds.

The three-bedroom lofts offer a generous 157 sqm of living space.

[smartcode_project:default project_id=107714 project_image_fid=218319]

BLVD is the second stage in OSK's Melbourne Square precinct, launched following the completion of the first two successful towers in the mini masterplan.

Designed by Cox Architecture, BLVD&nbsp;is one of the first residential projects in Australia to be registered for WELL Certification, offering residents a healthy environment as well as future-proof living with smart technology and co-working spaces.&nbsp;

BLVD's extensive amenity features a 25-metre indoor swimming pool, part of its fitness and wellness space known as the Podium Club which features a state-of-the-art gym, a spa, and a sauna.

[smartcode_project:default project_id=107714 project_image_fid=211867]

Local buyers, mainly from Southbank,&nbsp;<a href="/developments/docklands-vic-3008">Docklands</a>&nbsp;and the CBD are tipped to engage the most with the new tower, with strong interest already generated from buyers who purchased in the previous stage.&nbsp;

The State Government recently announced they'll be developing a $1.5 million park up the road from Melbourne Square, near the Australia Centre for Contemporary Art (ACCA). The green space, which will span more than one hectare, is part of the government's $7.4 million Better Parks and Playgrounds program.

OSK took it upon themselves when creating their two-hectare precinct to reserve a significant portion for green space. They've already developed the 3,745 sqm Kennedy Park, designed by&nbsp;Taylor Cullity Lethlean, which features extensive established gardens and a waterfall, so residents can connect with nature.

[smartcode_project_cta:default project_id=107714]

The Canopy Loft collection has a limited range of one, two and three-bedroom configurations starting from $877,000

OSK launch Canopy Loft collection at Southbank's BLVD Melbourne Square apartment development

A 220-year old gumtree influenced every design decision in the recently completed <a href="/new-apartments/camberwell-vic-3124">Camberwell apartment development</a>, Victoria &amp; Burke.

Carr Design had to work closely with landscape architect Jack Merlo to work out how to incorporate the grand old tree into the design of both the building and the surroundings.

[smartcode_project:default project_id=6349 project_image_fid=153518]

Architect Chris McCue, Director at Carr, said the tree created a great opportunity to get a horizontality to the building form.

"It also means there is a large percentage of garden area, something that is quite rare and offers something completely unique to the project," McCue said.

"The verticality of the tree is complemented by vertical metal blades, offset by stepped horizontal stacks. The effect is a considered, contemporary form that offers both privacy and openness."

[smartcode_project:default project_id=6349 project_image_fid=153520]

McCue says the&nbsp;concept of blending horizontal and vertical forms and materiality comes back to the surrounding urban context, drawing on the grand Victorian houses along Victoria street, as well as mid-century dwellings from the broader Camberwell precinct.

"The existing context also plays into the materiality, with the rough stucco used as a reference to both a Victorian-era palette, and the more common 1930s bungalows."

[smartcode_project:default project_id=6349 project_image_fid=153498]

The interior spaces have been planned with an emphasis on openness and natural light, with warm timber floors leading to a seamless transition between indoor and outdoor living. The kitchen, a focal point of each residence, features a discrete scullery and abundant storage.

Boasting Camberwell's largest evergreen outdoor areas, full-height sliding doors enable residents to enjoy alfresco entertaining surrounded by lush greenery, offering the functionality of a traditional backyard in an apartment setting.&nbsp;

The attention to detail extends to the choice of premium Gaggenau &amp; Liebherr appliances, secure basement garages, integrated gas fireplaces, wine fridges, and a walk-in wine cellar in the penthouse.

Just four apartments remain.

[smartcode_project_cta:default project_id=6349]

Architect Chris McCue, Director at Carr, said the tree created a great opportunity to get a horizontality to the building form

alisonwarters@gmail.com

Centred around a historic gumtree: How Carr designed the completed Camberwell apartments, Victoria & Burke 

Melbourne developer Keystone's <a href="/developments/elwood-vic-3184">Elwood apartment project</a>, Ensemble, was conceived from the affluent suburbs Art Deco heritage.

Completed in 2021, the <a href="/buildings/ensemble-114-116-tennyson-street-elwood">Tennyson Street development of just 15 apartments</a> was designed by Keystone's preferred architecture firm, KUD Architects, who worked in collaboration with landscape architect John Patrick to create the three-level building.

Drawing strings from Elwood’s residential heritage, the project’s architecture depicts forms characteristic of the Art Deco era, reimagining them in a way that fits cohesively with the styles of today.

&nbsp;

[smartcode_project:default project_id=3119 project_image_fid=35533]

The heart of the apartments homes are the kitchens, where functionality meets beauty, featuring premium Miele appliances and abundant storage, coupled with marble benchtops and splashbacks. In the bathrooms, the luxury continues with marble-finished vanities and free-standing baths.

The development enjoys a prime location, close to Elwood's beach and vibrant shopping villages. For those who value convenience, the proximity to St Kilda Road's trams, bus routes, and Ripponlea Station ensures effortless connectivity to the city.

[smartcode_project:default project_id=3119 project_image_fid=35534]

Families with children will appreciate that Ensemble falls within the highly sought-after Elwood College and primary school zones.

Apartments start from $1,495,000.

[smartcode_project_cta:default project_id=3119]

Drawing strings from Elwood’s residential heritage, the project’s architecture depicts forms characteristic of the Art Deco era


Inside Keystone's architecturally-designed Elwood apartment development, Ensemble

Multiplex has achieved practical completion at S P Setia's $600 million, dual-tower development on Melbourne's Exhibiton Street.

One tower is known as Sapphire by the Gardens, which comprises 325 apartments, while the other will be the future home for the 5-star Shangri-La hotel.

Sapphire by the Gardens, which rises 60 levels, was designed by Fender Katsalidis, who worked in collaboration with Cox Architects to create the striking buildings just off Carlton Gardens at the eastern end of Exhibition Street. 
 
The 61-level hotel is joined to the 60-level residential tower by a sky bridge on level 46. The sky bridge homes a number of amenities and a Sky Lounge for visitors and residents. It features a unique transparent ‘oculus’ glass floor with views into the UNESCO world heritage listed Royal Exhibition Building surrounding the Carlton Gardens and Port Phillip Bay.

[smartcode_project:default project_id=4470 project_image_fid=218304]

Beneath the two towers stands a mixed-use podium with spaces for resident recreational facilities, future hotel function, and above ground carparking.&nbsp;

Sapphire by the Gardens features exclusive resident facilities across two floors with a heated swimming pool, gymnasium, Sky Lounge, a cinema, karaoke room, chef’s kitchen and lounge with fireplace.

During construction Multiplex coordinated a unique purchaser upgrade which involved the installation of a $3 million supercar into the living room of the super-penthouse. The Sapphire by the Gardens super-penthouse has set the new benchmark for Melbourne property as the highest recorded apartment sale price in the city at around $39 million.

“We are thrilled to deliver this world-class precinct, and it is testament to the collaboration and determination of our team and subcontractors," Ross Snowball, Regional Managing Director of Multiplex, said.

"Constructing two towers simultaneously takes exceptional planning and management, especially when facing construction and engineering complexities like the iconic sky bridge, 46-storeys in the air. 
 
"This iconic development breathes new life into the CBD, and it’s set to become Melbourne’s next landmark.”

Construction of the unique sky bridge required innovative methodologies, with Multiplex creating a temporary protection deck beneath it to enable safe working access. This deck cantilevered out from the building and sat between two large trusses. The successful delivery of the sky bridge saw the project win the ASI 2022 National Award for Engineering Projects.&nbsp;

“The completion of Sapphire by the Gardens and the Shangri-La marks our fifth significant development within Melbourne", Datuk Choong Kai Wai, President and CEO of S P Setia, said.

"We are thrilled to see this iconic development come to life and stimulate thousands of local jobs during and after construction."

Construction of 308 Exhibition Street spanned a four and a half years, generating over 1,000 jobs, with more than 500 workers on site during peak periods.&nbsp;

[smartcode_project_cta:default project_id=4470]

Sapphire by the Gardens, which rises 60 levels, was designed by Fender Katsalidis, who worked in collaboration with Cox Architects to create the striking buildings

Multiplex achieved practical completion of S P Setia's Sapphire by the Gardens, Melbourne apartment tower

The development site of the <a href="/developments/edithvale-vic-3196">Edithvale off the plan apartment development</a>, Loft194, is up for sale.

The apartment complex comprises 16 one and two-bedroom apartments, just 170 metres from the beach, and less than 400 metres from Edithvale Station.

Apartments had been selling off the plan from $545,000.

The near 1,000 sqm site is being sold with the plans, and relevant approvals in place. There have been five sales in the building so far.

&nbsp;

Apartments had been selling off the plan from $545,000

Loft194 development site in Edithvale hits the market

Marcopolo Property has hit a major milestone at their Moorabbin development Moor, securing 70 per cent of sales at the now completed development.

With its timeless and minimalist design, the development seamlessly blends into the surrounding public realm while incorporating contemporary features that make a bold modern statement.

[smartcode_project:default project_id=2551 project_image_fid=30764]

Moor comprises a mix of one, two and three-bedroom apartments, catering to a diverse group of buyers looking for flexible and comfortable living spaces.&nbsp;

Prices for the remaining residences begin from just $390,000, making them an attractive option for both first-time buyers and investors.

At the heart of the apartments' appeal lies the Italian designer kitchen, crafted with convenience and aesthetics in mind. The space is designed to facilitate a connected experience, effortlessly transitioning from cooking to dining to relaxation, equipped with fully integrated European appliances and stylish dining joinery.

[smartcode_project:default project_id=2551 project_image_fid=30768]

The apartments boast intelligently designed interior spaces that prioritise comfort in every condition. The living areas are adorned with chevron-pattern timber flooring and elevated ceilings measuring 2.65-metres.

But it's not just the aesthetics that set these apartments apart; innovation plays a key role too. Residents have the luxury of controlling climate, lighting, and music from the convenience of their smartphones via the Wi-Fi system, adding a touch of modern sophistication to daily living.

[smartcode_project_cta:default project_id=2551]

Moor comprises a mix of one, two and three-bedroom apartments, catering to a diverse group of buyers looking for flexible and comfortable living spaces

Moorabbin's Moor Apartments hit 70% sold

The Auburn has been one of Hawthorn's most striking residential buildings since it was completed to designs by Splinter Society in 2021.

The boutique Auburn Road project has just 13 residences across three levels. The focus was on creating natural light-filled apartments with spacious floorplans.

The two and three-bedroom apartments feature integrated gas fireplaces in the open plan living spaces which feature full-length windows that allow for maximum natural light.

[smartcode_project:default project_id=8889 project_image_fid=72425]

The kitchens at The Auburn are adorned with Nordic Vein granite benchtops, along with fully integrated Miele appliances, while bespoke joinery, bench seating, linear textural feature walls, and concealed doors deliver further understated luxury and practicality.&nbsp;

The kitchens open to&nbsp;large private balconies or courtyards, creating a seamless transition between indoor and outdoor living.

Located just six kilometres east of Melbourne's bustling CBD, The Auburn benefits from a prime position in Hawthorn, surrounded by a wealth of enviable amenities, many of which are within easy walking distance.

[smartcode_project:default project_id=8889 project_image_fid=72427]

Auburn station lies just six stops away, providing swift access to the heart of the city, while residents can also opt for any of the six tramlines available, allowing them to explore attractions like The Royal Botanical Gardens and St Kilda Road Arts Precinct.

The charm of the historic Auburn Village awaits residents with a pleasant tree-lined stroll. Nearby Glenferrie Road bustles with a diverse array of cafes, restaurants, fashion boutiques, and essential services.

The locale is also renowned for housing Melbourne's finest schools and universities, picturesque parks and gardens, and is bordered by the prestigious neighbourhoods of Richmond, Camberwell, Kew, and Kooyong.

Embracing eco-friendliness, The Auburn also utilises the latest technology, incorporating solar panels and a Tesla Powerwall battery to provide lighting and power to common areas.

The boutique Auburn Road project has just 13 residences across three levels. The focus was on creating natural light-filled apartments with spacious floorplans

Inside Splinter Society's striking Hawthorn apartment development, The Auburn

De Novo, Latin for a new, or from the beginning, was the first <a href="/developments/brunswick-east-vic-3057">Brunswick East apartment development</a> by local developer A&amp;O Projects.

The 7-star energy rated building, completed in 2017, comprises just 44 apartments on Gamble Street, conveniently located next to <a href="/developments/brunswick-east-vic-3057">East Brunswick</a> Village.

Designed by the architects at SGKS, the one and two-bedroom apartments sit above two street-level retail tenancies.

[smartcode_project:default project_id=2025 project_image_fid=31585]

Each apartment at De Novo showcases a well-planned layout. The open-plan living and dining zone seamlessly connect to the balconies, creating an expansive and light-filled area.

The kitchens are complete with a stone benchtop, SMEG appliances, and a dishwasher, while addition study space within the apartments further extends the living space within each.&nbsp;The modern bathroom, featuring Euro laundry facilities, adds to the overall practicality and functionality of the residences.&nbsp;

De Novo Apartments are nestled in a quiet cul-de-sac location, presenting a tranquil retreat within easy reach of the vibrant offerings of East Brunswick, with local schools, restaurants, cafes, parks, and public transport within walking distance from the site.

[smartcode_project:default project_id=2025 project_image_fid=31587]

Drawing inspiration from the neighbourhood's rich manufacturing history and mid-century design cues, De Novo's aesthetic showcases art deco influences, evident in its horizontal steel-framed windows, metalwork balustrades, and brickwork.

Unlike many oversized apartment projects, De Novo has intentionally retained a residential scale to harmonise with its low-rise neighbours. The building's terraced form, stepping back from the site's perimeter, also accommodates hanging gardens and planter boxes.

[smartcode_project_cta:default project_id=2025]

The 7-star energy rated building, completed in 2017, comprises just 44 apartments on Gamble Street, conveniently located next to East Brunswick Village

Inside Brunswick East apartment development De Novo

GALERIE, the latest Glen Iris apartment development by LDS Property, is following its development timeline to a tee following its launch last September.

The project of just 29 two and three-bedroom apartments, secured over 40 per cent of sales before it kicked off its build a few months ago. It had early success in the market from local downsizers and empty nesters who wanted to stay in the Glen Iris postcode, but hadn't found the right downsizer product.

The High Street block, being built by award-winning construction company lurada, is expected to be completed by the end of 2024.

In a sign of confidence, a buyer opted to amalgamate two of the top floor apartments to create one large apartment which sold for just over $4 million, setting a suburb record in the process.

One of the other top floor apartments was also bought by a close friend of the developer.

There's been nearly $11 million worth of sales in the boutique project since Projects by Buxton launched the project less than 12 months ago.

[smartcode_project:default project_id=112375 project_image_fid=213649]

<h2>The Design</h2>

The low-rise building has been designed by Ewert Leaf, and sits in landscaping by John Patrick Landscape Architects.

Ewert Leaf Director Will Leaf said the inspiration behind GALERIE was born from an undeniable love of art.

"GALERIE is a curated collection of luxury residences where residents are privy to a world-renowned collection of private artworks, innovative architecture, and lush outdoor spaces," Leaf said.

The dynamic asymmetrical facade of GALERIE adds a unique touch to the High Street streetscape, combining brick, timber, and concrete, while cascading greenery softens the building's form.

<h2>The Apartments</h2>

The two, and three-bedroom apartments boast expansive landscape courtyards or elevated balconies, offering views of the metropolitan area.

[smartcode_project:default project_id=112375 project_image_fid=213650]

The open-planned living spaces have been designed to seamlessly integrate with the surrounding landscape through large windows and sliding doors, providing residents with a direct connection to nature.

The gallery-style lobby welcomes residents with a bespoke Chaumet Chandelier and textured walls adorned with a curated private collection of world-class artworks.

<h2>The Location</h2>

GALERIE is located at 1538-1540 High Street, a 1,825 sqm site which was secured by LDS in 2021.&nbsp;

Near the High Street and Burke Road intersection, GALERIE is set at the residential area of High Street, offering easy access to the Monash Freeway and Glen Iris Park and Wetlands.

The High Street tram runs past the development, while the Glen Iris Train Station is just 700 metres away.

[smartcode_project:default project_id=112375 project_image_fid=213657]

Gardiners Creek is 850 metres away, Central Park 600 metres, and the Harold Holt Swim Centre 450 metres from the front door.

GALERIE is also in close proximity to&nbsp;some of Melbourne’s most exclusive education institutions such as Sacre Coeur and Korowa Anglican schools, and the internationally renowned Monash University Caulfield Campus.

[smartcode_project_cta:default project_id=112375]

The High Street block, being built by award-winning construction company lurada, is expected to be completed by the end of 2024

Buyer Handbook: A buyer's guide to LDS Property's Glen Iris apartments, GALERIE

Developer JT Rosslyn are now welcoming buyers into their <a href="/developments/west-melbourne-vic-3003">West Melbourne apartment development</a>, Felton &amp; Grimwade.&nbsp;

Valeo Constructions handled the build of the seven-storey apartment project, which has a rich history dating back to 1942&nbsp;when it served as the home of Felton, Grimwade &amp; Co. during World War II.

Architecture firm CHT handled the design of <a href="/buildings/felton-grimwade-101-107-rosslyn-street-west-melbourne">Felton &amp; Grimwade</a>,&nbsp;preserving the building's original facade and seamlessly integrating it with the industrial architecture of <a href="/developments/west-melbourne-vic-3003">West Melbourne</a>.

With just 30 apartments, sustainability was core to the design of the boutique building, which boasts an 8.9-star rating.&nbsp;The commitment to sustainability is showcased through various innovative features incorporated into the building's design, aimed at reducing energy consumption, promoting eco-friendly practices, and providing residents with a comfortable living environment.

[smartcode_project:default project_id=4522 project_image_fid=208468]

Energy-efficient appliances and fittings have been incorporated throughout all the residences. By installing high-quality, longer-lasting appliances with better functional features, the development aims to lower energy and water consumption, thus reducing utility bills and minimising its environmental impact.

Waste management is an essential part of sustainability, and <a href="/buildings/felton-grimwade-101-107-rosslyn-street-west-melbourne">Felton &amp; Grimwade</a> addresses this through a two-way waste chute system. The convenient feature encourages residents to separate and dispose of their waste responsibly, leading to improved recycling rates and reduced waste sent to landfills. It also helps combat odours and pests, contributing to residents' overall health and well-being.

To add a touch of greenery to the development, planter boxes with automated irrigation systems have been incorporated. These systems ensure that plants receive adequate water while minimising the need for maintenance.&nbsp;Residents can also enjoy the benefits of winter gardens, which provide a space to connect with nature while being protected from the elements, as well as flooding the apartments with natural light.

By maximising natural light, the development reduces the need for artificial lighting, leading to further energy savings.&nbsp;

[smartcode_project:default project_id=4522 project_image_fid=208469]

Using durable materials in construction was yet another crucial element of the eco-friendly development, with the materials used throughout the construction process reducing the need for constant maintenance and repairs, saving money on long-term costs, and increasing the overall lifespan of the building.

Natural air ventilation through louvres also contributes to the building's energy efficiency. By eliminating the need for air conditioning, the development reduces energy costs and improves indoor air quality by introducing fresh air into living spaces.&nbsp;

With greener transport options on the rise throughout the country, <a href="/buildings/felton-grimwade-101-107-rosslyn-street-west-melbourne">Felton &amp; Grimwade</a> also incorporates electric car charging stations, providing convenience for&nbsp;residents who own electric vehicles while promoting cleaner and more sustainable transportation.&nbsp; This initiative aligns with efforts to reduce the building's carbon footprint and decrease dependence on fossil fuels.

[smartcode_project_cta:default project_id=4522]

Valeo Constructions handle the build of the nine-storey apartment project, which has a rich history dating back to 1942 when it served as the home of Felton, Grimwade & Co. during World War II.

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