Roberts Co has entered a new phase of growth following its acquisition by Arada, one of the world’s fastest-growing property developers in Australia.

The acquisition is supported by a $50 million capital injection into Roberts Co’s Australian balance sheet, consisting of the previously announced $25 million recapitalisation and an additional $25 million in new funding from Arada.

This investment strengthens Roberts Co’s financial position, stabilises operations, and provides the foundation for strategic expansion beyond its New South Wales base, with a focus on new opportunities in Queensland, including the Brisbane and Gold Coast regions.

With Arada’s international resources and financial backing, Roberts Co will broaden its portfolio across residential, commercial, and infrastructure sectors, reinforcing its strong market position in New South Wales and setting itself to capture growth in one of Australia’s most dynamic construction markets.

Ahmed Alkhoshaibi, Group CEO of Arada, said Roberts Co has a proud Australian heritage, an outstanding delivery record, and a strong reputation for collaboration with clients and partners.

"By combining this expertise with Arada’s global scale and financial capacity, we are creating a platform for sustained growth in the Australian market,"&nbsp;Alkhoshaibi said.

“Our $50 million capital injection, including new funds from Arada, underlines our commitment to both stabilise and expand Roberts Co’s operations, particularly into the fast-growing Queensland market. We see significant potential in South-East Queensland’s pipeline and are confident Roberts Co is well placed to deliver lasting value for clients and communities.”

George Kostas, CEO of Roberts Co, said Queensland, and particularly South-East Queensland, is one of the most active and opportunity-rich regions in Australia right now.

"The lead-up to the Brisbane 2032 Olympic Games will bring unprecedented investment across housing, transport, and infrastructure. Roberts Co is eager to play a major role in that transformation and secure a meaningful share of this fast-growing market.”

Joel Robinson

Arada pours more funds into Roberts Co, flags expansion into South East Queensland construction market

<a href="https://www.apartments.com.au/developments/hurstville-nsw-2220">Hurstville</a> has quietly become one of Sydney’s most resilient property markets. Supported by strong transport links, infrastructure investment and a growing multicultural community, the St George hub continues to outperform much of the metropolitan market for both capital and rental returns.

According to Positus Property Investment, Hurstville now ranks among Sydney’s top performers for yield consistency, underpinned by population growth of nearly five per cent since 2021 and persistently low vacancy rates.&nbsp;

Limited new supply is tightening the market further - new dwelling approvals have fallen from close to 600 to under 200 in FY25, a structural shortfall that’s placing upward pressure on rents and resale values.

[smartcode_project:default project_id=149850 project_image_fid=278]

As one of the final residential stages in the Kempt Field precinct anchored by Woolworths, <a href="https://www.apartments.com.au/developers/the-one-collection">The One Collection</a>'s <a href="https://www.apartments.com.au/new-apartments/horizon-hurstville-6-jack-brabham-drive-hurstville-nsw-2220">Horizon</a> represents a rare opportunity to buy into a location experiencing both infrastructure-led growth and constrained supply&nbsp;- now made even more compelling with a limited-time five per cent deposit and matching rebate incentive.

Positus notes that the suburb’s combination of “relative affordability, low vacancy, and rising population” is creating a recipe for continued rental growth and capital appreciation. Weekly rents are increasing faster than strata and outgoings, with two-bedroom apartments seeing the deepest tenant demand - supporting healthy yield margins even after costs.

[smartcode_project:default project_id=149850 project_image_fid=281]

Horizon prices begin from $668,000, with one, two, and three-bedroom apartments offering flexible entry points for investors.&nbsp;

The project’s location, a short walk to Hurstville Station, Westfield, and an upcoming dining laneway, St Clair Lane, underscores its liquidity and day-to-day convenience.&nbsp;

A 19-minute express train connects residents to the Sydney CBD, while arterial upgrades such as the M6 and WestConnex further enhance connectivity.

[smartcode_project:default project_id=149850 project_image_fid=275]

Designed by <a href="https://www.apartments.com.au/architects/dko-architecture">DKO Architecture</a>, Horizon’s soft, organic façade mirrors the parkland of Kempt Field, while interiors prioritise light, durability, and smart functionality.&nbsp;

Each home features Smeg appliances, smart home automation, and generous balconies overlooking the bay and skyline.&nbsp;

Amenities include a gym, sauna, games room, meditation deck, and landscaped courtyards, with wellness and social spaces designed to foster community.

[smartcode_project:default project_id=149850 project_image_fid=279]

From an investment perspective, Horizon offers what Positus describes as a “value and income sweet spot.” At an average entry price around $745,000 and yields near five per cent, Hurstville units remain roughly $200,000 below comparable inner-west suburbs, allowing investors to capture metro proximity without inner-city risk exposure.

Horizon will deliver 179 one, two, and three-bedroom apartments above St Clair Lane.&nbsp;<a href="https://www.apartments.com.au/builders/masscon">Masscon</a> is on site moving its way up the building, which is scheduled for completion in late 2026, with move-in expected shortly after.

One Collection is currently offering a five per cent deposit incentive for a limited time.

[smartcode_project_cta:default project_id=149850]

Staff Writer

The One Collection opens new investment window at Horizon Hurstville with limited-time incentives

The Gold Coast has cemented its position as one of Australia's hottest construction markets, with crane numbers reaching a record 67 in Q3 2025, the highest count since tracking began.

The latest Rider Levett Bucknall (RLB) Crane Index shows the region at 447 points, also a record, with activity surging 110 per cent over the past three years as population growth and investor confidence drive unprecedented development activity.

Residential construction dominates the skyline almost entirely, accounting for 95.5 per cent of all cranes across the Gold Coast. Of the 67 cranes currently operating, 64 are dedicated to residential and mixed-use apartment projects. 21 new cranes were added in Q3 2025 alone, with major developments spanning Surfers Paradise, Main Beach, Broadbeach, Mermaid Beach and Southport reflecting sustained confidence across the coastal corridor.

[smartcode_project:default project_id=108747 project_image_fid=318625]

The construction boom aligns with exceptional apartment market performance. Gold Coast unit prices reached $950,000 in September 2025 according to the latest Ray White Now Monthly, delivering robust 8.6 per cent annual growth and 0.6 per cent monthly appreciation.

This significantly outperforms the national apartment market average of 6.9 per cent and positions the Gold Coast as Australia's most expensive apartment market, trending ahead of Sydney. This highlights the premium investors and owner-occupiers place on the region's lifestyle amenity.

The scale of residential development reflects both build-to-sell apartment projects targeting owner-occupiers and investors, alongside emerging build-to-rent developments as institutional capital increasingly targets the Gold Coast. Population growth continues driving demand, with the region attracting interstate migrants seeking lifestyle amenity and professionals relocating from southern capitals to embrace coastal living while maintaining career opportunities.

[smartcode_project:default project_id=112941 project_image_fid=216014]

Project activity spans multiple price points and buyer demographics. Premium waterfront developments in Main Beach and Broadbeach command the highest values and attract downsizers alongside investors, while projects in Varsity Lakes and growth suburbs target first home buyers seeking more affordable entry points into the Gold Coast market. The concentration of cranes along established precincts with beach access reflects where buyer demand remains strongest.

Notably absent from the Gold Coast's construction pipeline is commercial office development, with zero commercial cranes currently operating. The only non-residential activity comprises aged care and education. This underscores the Gold Coast's evolution as a residential growth market rather than a CBD destination, with the regional economy built around tourism, construction, lifestyle services and residential property rather than traditional office demand.

The sustained construction pipeline through Q3 2025 suggests apartment completions will remain elevated through 2026, providing necessary supply for the growing population. With development activity at record levels and strong price growth supporting feasibility, the Gold Coast apartment market continues delivering solid returns for developers and investors navigating Australia's shifting property landscape.

Gold Coast construction hits record high as apartment market delivers strong returns

<a href="https://www.apartments.com.au/developers/sherpa-property-group">Sherpa Group</a> is has officially launched its next residential project, the $240 million Symphony in South Brisbane. It marks&nbsp;the group’s entry into the Brisbane market as it expands the Flourish brand to deliver design-forward, fairly priced homes in an undersupplied market.&nbsp;

With 25 out of 138 apartments priced under $1 million, <a href="https://www.apartments.com.au/new-apartments/symphony-south-brisbane-21-23-cordelia-street-south-brisbane-qld-4101">Symphony</a> is expected to attract first home buyers, with Sherpa reserving all one-bedroom and two-bedroom, one-bathroom apartments under $1 million for owner-occupiers and first-home buyers.&nbsp;

Sherpa CEO Christie Leet, said the project is a strategic move to deliver attainable housing in connected, culturally vibrant neighbourhoods, with locals prioritised.&nbsp;

“Our aim with Flourish has always been to help the community,” said Leet.

“That’s why we have chosen to release Symphony to locals first, reserving a portion of apartments for owner-occupiers and first-home buyers to give them a genuine chance to get their foot in the door.”

[smartcode_project:default project_id=7574 project_image_fid=3770]

Located at 21-23 Cordelia Street, <a href="https://www.apartments.com.au/developments/south-brisbane-qld-4101">South Brisbane</a>, Symphony will feature a collection of 138 high-quality apartments, offering spacious one, two and three-bedroom layouts, with prices starting from $655,000.

“It’s no secret that affordability remains a huge issue in today’s market, and many people are simply being priced out,” Leet added.

“We at Sherpa see it as our responsibility to bring well-designed, fairly priced homes to market – that’s what we stand for.”

[smartcode_project:default project_id=7574 project_image_fid=353548]

Residents will have access to a resident rooftop with offers over 1,400 sqm of premium resort-style amenities across two levels. These include a wellness centre with a steam room, sauna, hot and cold plunge pools, a heated pool, as well as pool deck cabanas, private outdoor barbecues, a private dining room, a fully equipped gym, and a yoga room, all with views of the Brisbane skyline and Mt Coot-tha.

Sherpa has also hired a full-time concierge service to assist buyers with the off the plan process, from construction updates, hard hat tours, to showing and helping residents use their appliances once they have moved in.&nbsp;

[smartcode_project:default project_id=7574 project_image_fid=5155]

“Every amenity at Flourish has been designed to help foster a sense of community,” said Danial Clarke, Development and Financial Manager of Sherpa Group.&nbsp;

“The rooftop will be a sanctuary from the city, a place where residents can connect, relax, and ultimately flourish.”

Positioned at the junction of South Bank, West End, and Fish Lane, Symphony offers exceptional walkability to QPAC, galleries, riverside parklands, the CBD, major universities, hospitals, and transport hubs.

Sherpa has already appointed LPS Group to build Symphony. The duo are working together on Sherpa's Palm Beach portfolio.

[smartcode_project_cta:default project_id=7574]

Sherpa officially launches Symphony South Brisbane

Bronte Group has received planning approval for Miru, a new 46-townhouse development in Denman Prospect.

Occupying a prominent 6,869 sqm ridgeline site across Holborow Avenue and Goedecke Street, <a href="https://www.apartments.com.au/new-apartments/miru-holborow-avenue-denman-prospect-act-2611">Miru</a> will comprise four architecturally unified buildings ranging between two and three storeys. The townhouses are arranged to maximise views of the Molonglo Valley to the east and Stromlo’s bushland to the west, offering residents a rare dual outlook.

There will be 30 two-bedroom and 16 three-bedroom townhouses, with seven different floorplan layouts.

“The townhouses are carefully arranged to harmonize with the landscape, grouped into four subtly distinct yet cohesive blocks,” the Development Outcomes Report prepared by Planit Strategic notes.

"Each block of townhouses is designed to maximise views… while ensuring access to natural cross-ventilation and daylight”.

<img alt="Bisa secures approval for Miru, a 46-townhouse project atop Denman Prospect ridge" data-entity-type="file" data-entity-uuid="91d3f5b1-6fbf-4da1-be41-b5aa9596d233" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Miru%20front.png?VersionId=K5Dhr0.4iMvji9swNnBv1Exuj8PKCay7" />

A standout element of the design is the integration of landscaping and open space. All homes will have private courtyards, while residents and visitors will benefit from extensive communal landscaping and dedicated visitor parking. A key pedestrian corridor running east to west will link public open space and enhance site permeability.

&nbsp;

The site is zoned RZ5 and sits within the newly developed Denman Prospect estate. While currently vacant, the area forms part of a broader plan for high-quality residential infill in the Molonglo Valley. The project’s scale and low-rise format ensure a measured transition to the adjacent lower-density housing, with generous setbacks and minimal overshadowing.

&nbsp;

Miru will be the fifth development by <a href="https://www.apartments.com.au/developers/bronte-group">Bronte Group</a> in Denman Prospect in recent years. They completed&nbsp;Symmetry, 83 townhouses down the road in 2022, as well as Solai, and Aberconway Rise. They are currently selling Central Park, a mix of apartments and townhouses in the suburb around 15km west of the capital.

Bronte Group secures approval for Miru, Denman Prospect townhouse development

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

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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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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