Abadeen has released the whole-floor penthouse crowning its recently completed <a href="https://www.apartments.com.au/buildings/park-residences-cremorne-2-sutherland-street-cremorne-nsw-2090">Park Residences</a> development in Cremorne, bringing the near-300 sqm residence to market for the first time.

Occupying the entire top floor of the boutique Lower North Shore development, the penthouse includes 221 sqm of internal living and a 74 sqm wraparound terrace, with a prized north-facing aspect taking in views across Middle Harbour.

The residence has been completed and fully furnished following a collaboration between Abadeen Executive Chairman Justin Brown and internationally recognised interior designer Jack Freeman, Founder and Managing Director of FREEMAN &amp; CO.

<a href="https://www.apartments.com.au/developers/abadeen">Abadeen</a> and Freeman approached the penthouse as a finished home, sourcing furniture, artwork, lighting and objects from Australia and overseas.

&nbsp;

[smartcode_project:default project_id=114246 project_image_fid=378718]

Pieces from Parisian design house Pierre Augustin Rose sit alongside contemporary artworks and bespoke lighting, with Freeman drawing on recent visits to PAD Paris and Salone del Mobile Milano for the final collection.

Brown said the aim was to create a penthouse that felt more like a large-scale private home than a traditional apartment.

"The experience begins the moment the lift doors open. You're welcomed into an elegant dining room before the home opens into an extraordinary living space framed by sun-drenched harbour views.

"Every time someone walks through the front door they pause. It's not just the view, it's the incredible sense of space, the warmth created by the northern sunlight that fills the interiors, and the way every room connects so effortlessly.

"It has all the proportions of a luxury home, while delivering the effortless lifestyle and personalised experience of living in a world-class six-star hotel, combined with the simplicity and convenience of apartment living."

&nbsp;

[smartcode_project:default project_id=114246 project_image_fid=378713]

A secure lift provides exclusive access to the penthouse level, opening to a dedicated arrival foyer and dining area before the residence expands into its main living and entertaining spaces.

Floor-to-ceiling glazing runs across the northern side of the home, connecting the interiors with the terrace and Middle Harbour outlook.

The penthouse also features a fireplace and substantial chef's kitchen, while the wraparound terrace has been designed to accommodate both everyday outdoor living and larger-scale entertaining.

[smartcode_project:default project_id=114246 project_image_fid=378720]

Freeman said the interiors had been deliberately kept restrained to complement the scale, natural light and outlook already established by the architecture.

"The penthouse is a serene study in quiet luxury," Freeman said.

"The interior pairs soft, sculptural forms with warm timber, pale stone and a restrained neutral palette. Curated artwork and metallic accents add depth, while abundant natural light creates a calm, effortlessly refined atmosphere. In my world, less is always more."

Freeman said the approach was centred around collecting individual pieces rather than simply decorating the apartment.

"Every material, every object and every piece of furniture has been curated with intention. I am a true believer in collecting versus decorating.

"The architecture already provided extraordinary natural light, remarkable volume and an uninterrupted connection to Middle Harbour. Our role was to complement those qualities with unique one-of-a-kind pieces of fine art and collectible design sourced from recent travels around the world."

[smartcode_project:default project_id=114246 project_image_fid=378694]

Among the collection are solid bronze sculptures by Lorenzo Quinn, alongside a curated crystalware collection and pieces sourced from international design fairs.

Park Residences sits opposite Cammeray Golf Club, Cammeray Croquet Club and Grand Slam Tennis Cammeray, around 300 metres from Neutral Bay Village and its established collection of restaurants, cafés and retail.

Brown said the combination of a whole-floor floorplan, northern aspect and proximity to Neutral Bay was becoming increasingly difficult to find on the Lower North Shore.

"Completed whole-floor penthouses with a sun-drenched north-facing aspect and sweeping Middle Harbour views are exceptionally rare," Brown said.

"Add a quiet position opposite golf, croquet and tennis facilities, a level walk to Neutral Bay Village and only minutes to the CBD, and you have a lifestyle that's incredibly difficult to replicate.

"This is a home that offers the privacy and generosity of a luxury residence together with the convenience of one of Sydney's best-connected harbourside locations."

The penthouse will be exclusively marketed by SRM Residential.

[smartcode_project_cta:default project_id=114246]

Joel Robinson

Abadeen unveils signature penthouse at Park Residences in Cremorne

New Brisbane developer Dalcott has unveiled Marrone, the first of three residential projects it is planning in and around Browning Street in South Brisbane.

<a href="https://www.apartments.com.au/new-apartments/marrone-south-brisbane-39-browning-street-south-brisbane-qld-4101">Marrone</a> will comprise 97 predominantly two- and three-bedroom apartments, with larger residences aimed squarely at the owner-occupier market.

The project will sit in a quiet pocket of South Brisbane between South Bank and West End, close to the restaurants, cultural attractions and riverfront amenity that have driven the suburb's continued transformation.

Dalcott is targeting buyers looking for more space and amenity than has traditionally been offered in the inner-city apartment market, particularly downsizers and professionals wanting to remain close to the city.

[smartcode_project:default project_id=149951 project_image_fid=377072]

Resident facilities will be concentrated around an extensive rooftop amenity offering, including a swimming pool, spa, infrared sauna, warm and cold magnesium plunge pools, private lounge, dining room and outdoor entertaining areas.

Dalcott Managing Director Lachlan Cottee said South Brisbane's combination of lifestyle, connectivity and established character had been central to the approach to Marrone.

“South Brisbane offers a combination of lifestyle, connectivity and character that’s difficult to replicate elsewhere in Brisbane,” Cottee said.

“Our focus has been on creating homes that feel connected to that environment while providing the level of design, functionality and quality that today's owner-occupiers expect.”

The residences will feature an expressive material palette. Italian Calacatta Viola marble, known for its deep burgundy veining, will be paired with aged brass tapware, Chestnut engineered timber flooring and Tuscan Oak joinery.

<img alt="Marrone" data-entity-type="file" data-entity-uuid="b8d833da-3b30-496a-ae30-07bdff371b50" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-25%20at%2010.52.35%E2%80%AFAM.png?VersionId=P6DAgOfaQzIXljKKK5j3e5NhWtrHIu9G" />

Bathrooms will feature Nara Japanese ceramics and glass bricks, while clay, walnut and brass lighting will be used throughout the apartments.

Dalcott has appointed Realm Projects, led by Managing Director Shane Foley, to handle sales and marketing following previous sold-out collaborations between the groups.

Foley said the Brisbane apartment buyer had become increasingly focused on the quality of the home itself rather than simply securing an inner-city address.

“We expect to see strong demand from buyers who still want all the advantages of inner-city living but aren’t prepared to compromise on the quality of their home,” Foley said.

“Many will be downsizers looking to leave behind the maintenance of a traditional family home without giving up the space they enjoy, while others are likely to be professionals wanting a residence that reflects the way they live today.”

“Marrone responds directly to that demand, with generous floorplans, exceptional resident amenity and a location that places some of Brisbane’s best dining, entertainment and cultural attractions within walking distance.”

<img alt="Marrone" data-entity-type="file" data-entity-uuid="61f7b22f-899e-4c0f-940a-7d3ab1bfb93a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-25%20at%2010.52.44%E2%80%AFAM.png?VersionId=PvN1JYxBgUpyCB7efKo52WGdSDs9nmim" />

Marrone will be the first project delivered as part of Dalcott's broader investment in the precinct.

It will be followed by La Terra, a boutique project comprising penthouse-style, single-level apartments on a northeast corner site with extensive resident amenity and city views.

Cottee said Marrone represented the first stage of the group's longer-term plans for the area.

Dalcott was established in 2025 by Lachlan Cottee and Ben Dalgliesh, combining development and construction capability under an integrated model and focusing on architecturally considered residential projects.

Marrone will initially be offered through a pre-release registration campaign ahead of its broader public launch.

Dalcott targets owner-occupiers with South Brisbane debut Marrone

Parnell Developments is the latest to seek significant uplift through the NSW Government's Housing Delivery Authority on a Strathfield site previously approved for a much smaller apartment development.

Parnell has sought approval for a 32-storey mixed use tower across&nbsp;<a href="https://www.apartments.com.au/new-apartments/7-lyons-street-strathfield-nsw-2135">3-7 Lyons Street and 18 Parnell Street</a>, a&nbsp;1,857 sqm site around 400 metres from Strathfield Station. The building would yield 160 apartments, 15 per cent of which will be dedicated affordable as per the government mandate for buildings seeking additional uplift.

Approved previously was a nine-storey building back in 2022 with just over 30 apartments. That approval came prior to the project being&nbsp;progressively reconsidered as planning policy shifted toward greater density around transport hubs.

<img alt="Strathfield" data-entity-type="file" data-entity-uuid="c5af5281-a643-4eb2-b8c4-0081b59c04c7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-25%20at%209.16.48%E2%80%AFAM.png?VersionId=37bd3mI7rHNpThOV_75VO8xsGFwWOi1u" />

Turner has designed the latest building that would replace&nbsp;existing detached homes across the four lots.

The apartment mix comprises 22 one-bedroom apartments, 107 two-bedroom and two-bedroom-plus configurations, and 31 apartments with three or more bedrooms. The scheme also includes 203 car spaces across six basement levels and 58 bicycle spaces.

The proposal has been designed around a three-storey podium addressing Lyons Street, with the tower rising above and stepping toward its upper levels.

Turner said the podium was deliberately scaled to respond to the existing street, while the taller element has been designed as part of the emerging skyline anticipated around Strathfield Town Centre and the wider Homebush transport-oriented development precinct.

The Lyons Street frontage would have a more active, pedestrian-focused character, incorporating the commercial tenancy, landscaping and a brick-framed podium with an awning.

<img alt="Strathfield" data-entity-type="file" data-entity-uuid="14b20874-b8c3-4ac7-bc03-92be9a69fb78" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-25%20at%209.17.48%E2%80%AFAM.png?VersionId=av.9TxtqIRTC6v3PkSuu1rL9rreWoe2h" />

Parnell Street, which faces the railway corridor, has been given a different architectural treatment, with double-height breeze blocks, landscaping and communal areas used to soften the interface with the rail infrastructure.

The tower itself uses curved and recessed facade elements, with wave-like indentations across the northern elevation breaking the building into three vertical forms.

A palette of grey concrete, brick and breeze blocks is complemented by clay and terracotta accents, while the upper tower adopts a lighter expression through articulated slab edges, vertical fins and recessed glazing.

Residents would have access to 467 sqm of communal open space spread across three levels. The ground floor would accommodate the more active resident areas, including barbecue and group gathering spaces and an internal communal room capable of being used for working from home.

A more passive viewing deck is proposed at level three, overlooking the ground-level landscaping and neighbouring tennis courts, while a rooftop "sunset deck" at level 30 would provide another social and relaxation space.

<img alt="Parnell" data-entity-type="file" data-entity-uuid="c3dce401-a80f-4682-8471-4caa01180880" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-25%20at%209.17.34%E2%80%AFAM.png?VersionId=Xyo8JVqbOhSJXNy6Ih.1cHL.O6i0bGR." />

&nbsp;

&nbsp;

&nbsp;

Strathfield has been earmarked for substantial change through the Strathfield Town Centre planning work and the nearby Homebush TOD precinct.

Turner's report says the project has been designed to act as a transition between the existing low and mid-rise development surrounding the site and the taller built form expected to emerge across the town centre.

The proposal is being assessed as State Significant Development under the HDA pathway, alongside the concurrent request to amend the Burwood Local Environmental Plan.

First look: New apartment tower pitched for Strathfield Town Centre precinct

An $18 million penthouse has hit the market in Main Beach as construction tops out on La Mer, the $155 million apartment development rising just metres from the beach.

Spanning around 600 sqm across the top two levels of the 29-storey tower on Main Beach Parade, the four-bedroom penthouse is one of the latest eight-figure residences to test the upper end of the Gold Coast apartment market.

Its launch comes amid continued activity at the very top of the market, following the $30 million off-the-plan sale of a Burleigh Heads penthouse earlier this year, which surpassed the Gold Coast's previous $24 million apartment record set in 2023.

The <a href="https://www.apartments.com.au/new-apartments/la-mer-main-beach-3580-main-beach-parade-main-beach-qld-4217">La Mer penthouse</a> has been designed as a private residence in the sky, with 360-degree views spanning the ocean, Broadwater, hinterland and Gold Coast skyline.

[smartcode_project:default project_id=95606 project_image_fid=378731]

All four bedrooms have ensuites, while the ocean-facing master retreat occupies around half of the upper level and includes its own lounge, private balcony, two walk-in wardrobes and an oversized ensuite with a freestanding stone bath positioned to take in the views.

The residence also features a kitchen designed to accommodate a private chef, a 3.6-metre island bench, expansive butler's pantry, wine cellar and integrated bar.

[smartcode_project:default project_id=95606 project_image_fid=378732]

A rooftop pool and substantial outdoor entertaining area with its own kitchen sit above the residence, while a grand staircase connects the two internal levels. The penthouse also has its own express lift.

OTP Group Director James Elliott, who is marketing La Mer, said the penthouse was expected to appeal to high-net-worth buyers seeking either a permanent Main Beach residence or Gold Coast holiday home.

“The La Mer penthouse represents exceptional value, considering its quality design, size, privacy and location, not to mention the 360-degree views capturing the beach and Gold Coast Broadwater,” Elliott said.

“We’re anticipating interest from high-net-worth individuals and couples seeking a residence or holiday home in the sought-after village enclave of Main Beach, taking advantage of the unprecedented growth underway in the area and neighbouring The Spit.”

[smartcode_project:default project_id=95606 project_image_fid=378736]

La Mer is being developed by developer-builder ODUS and Nazero, in partnership with funder Metrics Credit Partners.

ODUS Director Byron Sakha said topping out the tower had provided the opportunity to release the project's most significant residence.

“We’ve worked with internationally-recognised studio Sici Design on the penthouse interiors, with a focus on ensuring it isn’t luxury for luxury’s sake. Every element has been thoughtfully designed to enhance quality of life for those who call it home,” Sakha said.

“The views are the hero of virtually every space, but we’ve given equal attention to the fittings and finishes, so every detail exudes elegance and refinement.”

Sici Design Founder and Director Maria Papadopoulos said the extensive views became an integral part of the interior design rather than simply something the residence was designed around.

“The views weren't something we designed around, they became part of the design itself, with the true luxury of La Mer in its feeling of peace, calm and wellbeing,” Papadopoulos said.

“Luxury isn't defined by how something looks, but how it makes you feel, and we believe a luxurious home should be beautiful to live in, not stressful to maintain.”

The interiors combine Austral Dream Dolomite natural stone and travertine with timber flooring and a restrained coastal palette.

[smartcode_project:default project_id=95606 project_image_fid=378734]

Designed by Plus Studio, La Mer is one of the more boutique additions to the rapidly changing Main Beach apartment market.

The tower comprises just 24 full-floor, three-bedroom plus multipurpose room apartments below the two-level penthouse, giving the project a considerably lower density than many of the larger towers being developed across the Gold Coast.

Residents will have access to a pool and spa, gym, sauna, barbecue facilities, private sun lounges, yoga lawn and outdoor beach shower.

The penthouse has been released as part of the final collection of residences at La Mer, with remaining apartments priced from $4.3 million.

Construction is expected to complete later this year, with a fully furnished display apartment now open on level four.

[smartcode_project_cta:default project_id=95606]

ODUS releases $18 million penthouse crowning La Mer Main Beach

<a href="https://www.apartments.com.au/developers/far-east-consortium">Far East Consortium</a> is preparing to commence construction on <a href="https://www.apartments.com.au/new-apartments/640-bourke-street-melbourne-640-bourke-street-melbourne-vic-3000">640 Bourke Street</a> this October, marking the next milestone for the Melbourne CBD development and its higher-end Eliza Collection.

Spanning levels 44 to 68 of the 68-storey <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a>-designed tower, the Eliza Collection has been conceived as a lower-density offering within the broader development, with only five apartments on each floor, dedicated lift access and a collection of resident spaces reserved exclusively for Eliza Collection residents.

The Eliza Collection forms part of Far East Consortium's broader move toward larger-format residences at 640 Bourke Street, where the number of apartments was reduced from earlier plans as apartment sizes increased.

[smartcode_project:default project_id=509 project_image_fid=365685]

"What it's meant for 640 Bourke is we've actually reduced the number of apartments. We've increased the overall size of the apartments. We don't have any studios in here, and what that does for a project is it elevates it," Far East Consortium Director of Sales and Marketing Lauren Sheldon said.

Rothelowman Associate Jun Chang said the design process provided an opportunity to create more generous floorplans.

"We were given the opportunity to be more generous. The apartments became bigger and squarer than any other apartments which had been designed in the CBD before that."

[smartcode_project:default project_id=509 project_image_fid=368869]

That thinking carries through to the Eliza Collection, where the residences have been designed around the space and functionality associated with a larger home, but positioned high above the centre of Melbourne.

Kitchens are equipped with Gaggenau appliances, a butler's pantry, temperature-controlled wine cabinet and sculptural pendant lighting, while engineered timber flooring, stone and porcelain finishes and custom cabinetry feature throughout the broader interiors.

Privacy and security are another point of distinction. Eliza Collection residents have dedicated lift access, while 640 Bourke Street will provide concierge services and secure resident parking. Short-stay accommodation, including Airbnb, will not be permitted within the development.

[smartcode_project:default project_id=509 project_image_fid=365689]

Eliza Collection residents will also have exclusive access to selected amenity spaces across levels one and three of the restored Eliza Tinsley building. These include the Salon with grand piano, an art therapy room, private dining rooms and treatment rooms.

They sit within more than 3,000 sqm of amenity planned across 640 Bourke Street, alongside facilities including a pool, gym, whisky lounge and further social and wellness spaces.

The Eliza Tinsley building itself is central to the wider project's identity. Rather than treating the existing Eliza Tinsley façade as a separate element, Rothelowman used it as a starting point for the architecture of the new tower, with the historic building to accommodate the project's gallery and lobby.

"It's a significant asset and wants to be celebrated and experienced by all residents every single time they go in and out of the building," Rothelowman Principal Stuart Marsland said.

[smartcode_project:default project_id=509 project_image_fid=368872]

The tower will rise behind the retained heritage building at 640 Bourke Street, placing residents within walking distance of Southern Cross Station, Flagstaff Gardens, Queen Victoria Market and the Docklands waterfront.

With construction scheduled to begin in October, Far East Consortium has established an onsite display gallery at 640 Bourke Street, including fully built apartments that allow the project's layouts, materials and finishes to be inspected at full scale.

A fully built Eliza Collection apartment is also available to view at the display suite by appointment ahead of the planned October construction commencement.

Eligible purchasers who buy before construction commences can secure the full available off-the-plan stamp duty savings, subject to eligibility and applicable conditions.

[smartcode_project_cta:default project_id=509]

Far East Consortium brings Eliza Collection to 640 Bourke Street ahead of October construction start

Mentone

Mentone, the small coastal suburb south east of Melbourne, was first known by European settlers as Dover Slopes.

It was&nbsp;was a swampy coastal district south of Cheltenham when pastoralist Alexander Balcombe leased land as a resting place for his cattle en route to Melbourne markets from his property near Mount Martha.

The suburb's name is believed to have been derived from the Italian town of Menton, although some sources suggest it may have been named after a local property owner's daughter.

By the late 19th century, <a href="/new-townhouses/mentone-vic-3194">Mentone</a> had gained a reputation as a popular beachside resort destination. Its sandy shores, framed by striking red cliffs, attracted Melburnians seeking seaside relaxation. Several grand hotels and guesthouses were constructed during this era to accommodate the growing number of visitors.

Boutique property developer <a href="/developers/sloane-property">Sloane</a>, well-known for creating architecturally-striking townhouses in Melbourne's Bayside, set its sights on the small suburb for their next townhouse development, <a href="/new-apartments/kindred-mentone-25-brindisi-street-mentone">Kindred Mentone</a>.

[smartcode_project:default project_id=138768 project_image_fid=214858]

Nestled in the serene surroundings of beaches and parks, architects Megowan have designed <a href="/new-apartments/kindred-mentone-25-brindisi-street-mentone">Kindred</a> to fit into its locale. The result is a boutique collection of bayside homes that&nbsp;promise residents an unparalleled coastal lifestyle with a dash of urban sophistication.

There's just 10 townhouses in <a href="/new-apartments/kindred-mentone-25-brindisi-street-mentone">Kindred</a>, each with three bedrooms, and a handful with rooftop decks which take in views over the suburb.

While the architecture is something Mentone hasn't seen before, the location of <a href="/new-apartments/kindred-mentone-25-brindisi-street-mentone">Kindred</a> is an equal unique selling point. <a href="/new-townhouses/mentone-vic-3194">Mentone</a> Beach is just a few streets away, where Mentone's red cliffs cascade to meet the sand and the waves.

For those who embrace an active lifestyle, Mentone Beach offers an array of possibilities, with beachside walks and cycle tracks or the opportunity to kayak or swim in the undulating bay waters. For those seeking tranquility, Mentone Racecourse Reserve offers nature within minutes, while a reserve right across from <a href="/new-apartments/kindred-mentone-25-brindisi-street-mentone">Kindred</a>, with an oval, playground and a garden, becomes your own backyard.

Read more:&nbsp;<a href="/news/vic/sloane-launch-one-of-a-kind-townhouse-development-in-melbournes-mentone-bayside">Sloane launch 'one of a kind' townhouse development in Melbourne's Mentone Bayside</a>

[smartcode_project:default project_id=138768 project_image_fid=214989]

Furry friends are also not forgotten, with the suburb boasting an array of dog parks and pet-friendly beach areas.&nbsp;

Apart from the beach activities, the locale offers access to world-class golf courses, including some of Melbourne's prestigious Sandbelt courses.

For those who prefer a more leisurely pursuit, <a href="/new-townhouses/mentone-vic-3194">Mentone</a> Parade is the local strip, with a rich history dating back to the late 19th century. Here, residents can explore a variety of eateries and places of interest.&nbsp;Experience the joie de vivre of real French cakes and pastries at Noir Patisserie, or&nbsp;savour casual eats at Huff Bagelry. The Corner Store offers panoramic views of the street, while when pizza cravings come beckoning, Sunnyside Sliced is waiting.&nbsp;

Less than a 10-minute drive away is Westfield Southland, offering a plentiful shopping experience. From luxurious cosmetics and stylish fashion to essential amenities, fresh food, restaurants, and cinemas, it has everything residents may need.

[smartcode_project:default project_id=138768 project_image_fid=214861]

Over the years, <a href="/new-townhouses/mentone-vic-3194">Mentone</a> has become known for its educational institutions. Mentone Grammar, founded in 1923, and Mentone Girls' Grammar, established in 1899, are prominent schools that have contributed to the suburb's reputation as a family-friendly community.

Within a short distance from <a href="/new-apartments/kindred-mentone-25-brindisi-street-mentone">Kindred</a>, residents will also find Mentone Primary School, as well as&nbsp;well-regarded secondary schools Kilbreda College and St Bede's College.

Located just over 20-kilometres from Melbourne's CBD, the suburb is well-connected to the CBD by road and public transportation. Serviced with it's own train station, Mentone residents can reach the city centre in around 30 minutes, while several bus links also service the area.&nbsp;

For those commuting by car, the&nbsp;Nepean Highway also runs through the suburb, meaning residents have direct access to nearby areas, the CBD and other parts of Melbourne with ease.&nbsp;

[smartcode_project_cta:default project_id=138768]

Boutique property developer Sloane, well-known for creating architecturally-striking townhouses in Melbourne's Bayside, set its sights on the small suburb for their next townhouse development, Kindred Mentone

Staff Writer

The coastal charm of Mentone: Where lifestyle meets location

Eva is the latest work out of renowned Bayside collaborators, Shenfield Property and Brayshaw Architects.

The boutique collection, with interiors designed by Aldona Pajdak, are ideally positioned in the heart of Mentone.

Eva is a combination of two bedroom apartments and three bedroom townhomes, created with meticulous spacial design highlighted by quality finishes and fittings.

[smartcode_project:default project_id=14417 project_image_fid=150532]

Appointed with a range of quality appliances and stylish kitchen and bathroom fittings, Eva Mentone represents exceptionally sophisticated living at its finest, offering a range of appealing living options, set within a location offering the benefits of a bayside location with urban convenience.

One of Melbourne’s most sought-after bayside suburbs, Mentone’s draw card is its picturesque beaches and extensive foreshore walking and bike paths for year round recreation.

[smartcode_project:default project_id=14417 project_image_fid=150876] 
 
Eva is located on one of Mentone’s most prominent streets, Balcombe Road, which runs all the way to the beach.&nbsp;The apartments and townhomes all feature private outdoor spaces, fully landscaped with a selection of greenery that contrasts against and softens the external stonework, creating harmonious surrounds.

A broad selection of cafes, restaurants and grocers will satisfy culinary desires, while a great mix of boutique shopping and essential services are available along the main strip. All a short walk or drive away.

Eva is surrounded by a number of respected educational facilities including Kilbreda College, Mentone Grammar and Mentone Girls’ Grammar.

Comprising just 13 residences, Eva is expected to be completed in late 2022.

Eva is located on one of Mentone’s most prominent streets, Balcombe Road, which runs all the way to the beach

jordan_55689

Shenfield Property's latest apartment and townhouse development Eva set to launch in Mentone

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A commercial property occupied for many years as the local Westpac Bank at 115 Mentone Parade in Mentone has been sold in a transaction negotiated by agents Gray Johnson with a sale at circa $2.1 million.
The two level property has been purchased by a local general practitioner for his own occupancy.
The property was occupied for many years as a Westpac Bank. 
It has a former banking chamber at street level and an executive office above and has been leased for many years by Westpac.
Recently vacated by the bank their lease remains in place until December this year at a current annual rental rate of $116, 186 net plus GST.
The freehold property occupies a central position in the Mentone Parade shopping strip and abuts a Coles Supermarket.
With a street frontage of 9.2 metres the property also benefits from rear laneway access providing on the property car parking for six vehicles.
The site area is 495 sqm on which the building area is 325 square metres inclusive of the executive office area of 72 sqm on the first floor level.
Gray Johnson selling agent Rory White says the property with its very central location and street presence was marketed as ideal for a multitude of user and occupier potentials from retail to professional services.
 “On one side the neighbour is a prominent retail butchery while on the other side is the local Hocking Stuart real estate office.
“The purchaser will benefit from the remainder of the Westpac lease rental term while the settlement is on a ninety day basis.” Mr White says.
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Former Westpac Bank Branch sold to local Medico in Mentone

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A standalone Coles supermarket, in the bayside suburb of Mentone, has sold on the tightest Victorian yield of 2019.
Located at 81 Mentone Parade, the recently refurbished property comprises a freestanding 2,854 square metre supermarket, with access to just over 150 council car spaces.
The standalone Coles supermarket sold for $15.3 million on a 3.4 per cent yield, the best vendor yield since Coles Clayton sold on a 2.57 per cent yield in March 2018.
The property was sold under a 10 year lease from January 2017, with a further 10 year option, to Coles at a current rental of $519,785 per annum net.
CBRE Director Mark Wizel, who managed the sale campaign with Justin Dowers and Joseph Du Rieu, said enquiry had been `through the roof’ with two Chinese investors - one the eventual purchaser - flying in for the auction.
Mr Wizel said the last three bidders – all Chinese – who took the bidding from $12 million to the close, were introduced through CBRE’s Asian Services Desk headed by Lewis Tong.
"This year we have seen yields hover around 5.5 per cent following an average closer to 4.5 per cent over 2018 but this result unambiguously indicates demand for this product remains very strong,’’ Mr Wizel said.
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Coles Mentone sold on tightest Victorian yield of 2019

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The KFC in Mentone, south-east of Melbourne, has been listed for sale.
The property at <a href="http://commercialpropertysearch.savills.com.au/2a91c294-1680-e911-80db-005056813885/Sale/Mentone/157-159-Nepean-Hwy" target="_blank">157-159 Nepean Highway</a>, 21 kilometres from the Melbourne CBD, last sold under the hammer at an auction event at the Crown Casino in 2013.
It was pushed to $3,505,000 by two Asian investors after bidding opened at $2.8 million.
The rental income has increased since its sale six years ago when it sold on a gross yield of around 6.5% based on rent of around $227,167 per annum.
Now it is being offered, on a 12 year term with options extending to 2043, with a return of $262,836 per annum.
Over 57,000 cars pass the 2,360 sqm site daily that is zoned Commercial 1. There are 35 on site car parking spaces.
When it traded in 2013 it had had a $350,000 upgrade.
Savills agents Benson Zhou, Yvonne Zhou and Julian Heatherich are marketing the property that has been home to KFC for around 25 years.
 
 
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jrobinson-rf4aSBido9

KFC Mentone up for sale

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A Mentone apartment block is set to go under the hammer.
The 320 square metre 39 Venice Street property has a two level building comprising of six apartments.
There are a couple of two bedroom apartments and four single bedroom units and the building is fully leased.
It also has a communal laundry and on-site parking including one lock up garage.
It is located within easy walking distance of Mentone Village shops which includes Coles, Woolworths, banks, and cafes, and transport including Mentone railway station and buses.
Zoned General Residential 3 under the City of Kingston Planning Scheme, the 651 square metre site covers two titles and has 20 metres frontage to Venice Street and nearly 35 metres to Cremona Street.
The property will be sold subject to month to month leases returning a passing rental of $96,072 per annum.
According to marketing agent, Teska Carson Director, George Takis, the property offers an exceptional location for an apartment investment with strong rental upside and the potential for refurbishment to maximise rental returns. 
“The property presents well in a location which is just what you would look for as an apartment site with excellent access to everything,” Takis said.  
“We believe the apartment rentals are currently below market rates and as such offer immediate potential for rental income growth. Most of the tenants have been long term with few if any rental increases for many years.
“This is a region which will continue to benefit from ongoing demand for housing, and particularly apartment living, and so the growth prospects for apartment investors would appear to be very good.”
The property will be auctioned on Wednesday, May 22, at 1pm on site. 
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