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]

Joel Robinson

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

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

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

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

Billbergia, Metrics, approved for $3.5 billion Sydney skyscrapers

International developer&nbsp;<a href="https://www.apartments.com.au/developers/spg-land">SPG Land</a> is preparing to re-launch its long-awaited $1.5 billion <a href="https://www.apartments.com.au/new-apartments/paradiso-place-surfers-paradise-103-ferny-avenue-surfers-paradise-qld-4217">Paradiso Place</a> development at Budds Beach, bringing a new price point to the Surfers Paradise apartment market.

The developer will release one-bedroom apartments from $825,000 and two-bedroom apartments from $1.24 million in the three-tower development.

According to Urbis, the starting price for the two-bedroom apartments is more than $400,000 below the weighted average sale price for comparable two-bedroom apartments in Surfers Paradise during 2025, which was pinned at $1.7 million.

&nbsp;

Urbis reported quarterly average sale prices for new two-bedroom, two-bathroom apartments ranged from around $1.2 million to $1.7 million throughout 2025, peaking in the December quarter.

[smartcode_project:default project_id=106566 project_image_fid=185853]

Paradiso Place is now moving into its formal sales campaign, with a limited early-release opportunity available ahead of the public launch.

The development will comprise 845 apartments across three towers rising 40, 41 and 44 storeys from a 1.15-hectare site spanning an entire city block. The towers will sit above a new retail precinct.

"Paradiso Place represents a rare opportunity in today's market, offering premium apartments at a price point that is significantly more competitive than anything else currently available," SPG Land Sales Director Brad McMahon said.

"When you look at comparable new developments across Surfers Paradise, Main Beach and the Southern Beaches precinct, buyers are typically paying hundreds of thousands more for a similar product.

"The scale of this project and the developer-builder construction model allows us to unlock efficiencies that smaller developments simply cannot achieve. We are passing those benefits directly to buyers, while still delivering a five-star residential experience with an unmatched lifestyle."

[smartcode_project:default project_id=106566 project_image_fid=374280]

Each of the three towers designed by Rothelowman will have its own podium, connected by an elevated skybridge network to create a beachside village for residents. The resident amenity has been designed to rival a five-star hotel, with private dining rooms, resident lounges and entertainment spaces.

McMahon said the pricing strategy was a deliberate response to the current market.

"What Paradiso Place offers is a unique balance, genuine value within a premium market. Buyers are not compromising on quality, design or amenity, they are gaining access to it at a more competitive price point at a time when prices across the Gold Coast continue to reach new highs."

[smartcode_project:default project_id=106566 project_image_fid=362498]

Located around 100 metres from the beach and within walking distance of the Surfers Paradise North light rail station, Paradiso Place occupies one of the Gold Coast's most tightly held beachfront precincts.

Construction is continuing to progress, with eight of the project's 112 foundation piles now complete. Excavation has also commenced on the first diaphragm wall panel, with the first concrete poured on 15 June, marking a key milestone in the project's early works program.

[smartcode_project_cta:default project_id=106566]

SPG Land launches $1.5 billion Paradiso Place at attractive price point

Luxury developer-builder <a href="https://www.apartments.com.au/developers/lowe-living">Lowe Living</a> has achieved a new Victorian benchmark for an off-the-plan apartment, with the sale of two penthouses at its ultra-exclusive Maison Savoy development in Brighton.

The two penthouses achieved a combined sale rate of $49,926 per sqm. Both transactions eclipsed the previous identified Victorian off-the-plan price-per-square-metre benchmark, set by the 449 sqm apartment at Como Toorak, which sold at $46,659 per sqm.

[smartcode_project:default project_id=140818 project_image_fid=366473]

<a href="https://www.apartments.com.au/new-apartments/maison-savoy-brighton-150-esplanade-brighton-vic-3186">Maison Savoy</a>, Lowe Living's redevelopment of the former Brighton Savoy Hotel on absolute beachfront land at 150 The Esplanade, Brighton, has gained significant momentum since launching just eight weeks ago. Around 30 per cent of the project's 19 residences have already been secured, generating approximately $45 million in sales.

"Securing two of the three penthouse sales at this stage, within eight weeks of launching to market speaks to the confidence our clients place in Lowe Living," Lowe Living co-founder Emma Lowe said.

"They know we'll be with them through every stage of the journey, and that assurance is something we've worked hard to earn and never take for granted."

[smartcode_project:default project_id=140818 project_image_fid=366474]

Lowe said Maison Savoy was conceived as a genuine alternative to a prestige Brighton home, combining house-scale proportions with the convenience, security and lock-up-and-leave appeal of apartment living.

Lowe Living co-founder Tim Lowe said the early sales success demonstrated the resilience of Melbourne's prestige market and highlighted the growing demand for house-sized apartments among ultra-high-net-worth buyers.

"The Melbourne market has definitely been tested in recent years, with interest rates and global economic factors all creating a period of uncertainty across the real estate sector. The sales success at Maison Savoy however demonstrates that confidence remains exceptionally strong at the top end of the market.

"The prestige market is being driven by long-term lifestyle decisions rather than short-term market sentiment, which continues to create a level of certainty that befits an absolute beachfront property in a blue-chip location like Brighton.

"Brighton's fundamentals remain among the strongest in Melbourne, with limited new supply, enduring demand from an overwhelmingly local owner-occupier market, and a rare combination of beachfront amenity and proximity to the CBD."

[smartcode_project:default project_id=140818 project_image_fid=374378]

According to Cotality, Brighton remains one of Melbourne's most tightly held prestige suburbs, with an average ownership tenure of 15.3 years for houses and 12.3 years for units, while more than 73 per cent of homes are owner-occupied.

Tim Lowe said selling two of the project's three penthouses so early in the campaign was an uncommon result.

"This sales result is a reflection of quality and understanding the local market. It's incredibly rare to transact the penthouses so early in a sales campaign in any project so to have sold two of the three penthouses at Maison Savoy so soon after launch, all in-house without any external sales agency appointed, is reflective of our careful consideration of our buyers' needs and lifestyle.

"This is knowledge that is accumulated not just from data and demographic analysis, but via a deeply embedded understanding of how this type of buyer wants to live and feel in their home. We pride ourselves on getting to know our clients personally, and over the last 10 years we have been able to refine our product offering by talking one-on-one with our clients about their design and floorplan preferences.

"Being a fully integrated developer-builder with an in-house design and sales team allows us to lead every part of the process and ensure the highest quality of product and service at every touchpoint. It's a really important part of our DNA and the recent sales success at Maison Savoy indicates that our clients and purchasers are resonating with this point of difference.

"It reinforces that demand remains strong for thoughtfully designed residences that offer rarity, lifestyle and long-term value in tightly held locations, which ultimately validates Maison Savoy's positioning as creating a new benchmark for house-scale, wellness-led apartment living on Brighton's beachfront."

&nbsp;

[smartcode_project:default project_id=140818 project_image_fid=366480]

The residences at Maison Savoy start from 295 sqm, with most enjoying uninterrupted views across Port Phillip Bay. The project sits moments from the Brighton Bathing Boxes, Royal Brighton Yacht Club, Middle Brighton Baths and Church Street's retail and dining precinct.

A key feature of the development is its private residents-only bathhouse, curated by the founder of Aurora Spa &amp; Bathhouse and modelled on traditional European bathing rituals and the award-winning Sorrento bathhouse.

The wellness offering includes a hydrotherapy pool, salt room, sauna, steam room, cold plunge pool, foot activation zone and a Vichy rainfall bed, one of only a handful in Australia. Residents will also have access to a Technogym studio, lounge spaces and a dedicated concierge service offering everything from morning coffee delivery and restaurant bookings to dry cleaning and home coordination.

"Wellness-led design has become a defining factor for luxury buyers," Emma Lowe said.

"Purchasers increasingly value homes that enhance wellbeing through thoughtful design, private amenity, privacy and liveability."

The penthouse purchasers are now undertaking a bespoke customisation process curated personally by architect Pete Kennon and the Lowe Living team, one of the developer's signature service offerings.

Construction on the $160 million transformation of the former Brighton Savoy Hotel site commenced last month, with completion expected in early 2028. The project has secured funding from NAB alongside development partner Monark.

Just one penthouse remains available, along with a limited number of two and three-bedroom residences starting from $3.75 million.

Lowe Living currently has eight projects on the market across Melbourne and recently celebrated its 10th anniversary, having grown a $1 billion development pipeline alongside a $350 million construction pipeline.

&nbsp;

[smartcode_project_cta:default project_id=140818]

Lowe Living set new Melbourne off the plan apartment record

New Developments

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The boutique US hotel operator Mondrian has announced it will open its first five-star hotel and brand residence in Australia at Burleigh Heads on the Gold Coast.
Mondrian, a partnership between SBE Entertainment and hospitality giant Accor, have engaged the local developer Vitale Project to construct the two tower development which is slated for completion in mid-2023.
The two towers, designed by the multi-award winning architect Elenberg Fraser, will separate the 89 private residences from the hotel, which will have 208 guest rooms.
Studio Carter, the international hospitality design consultant, was commissioned to oversee the interior design.
The building will be connected by a three-level podium that acts as the building's communal space and will home a state-of-the-art fitness centre, spa, restaurants and swimming pools, all overlooking the beach.
It's being built on 4,035 sqm on the corner of First Avenue and The Esplanade Burleigh Heads.
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Mondrian Gold Coast is one of nine new Mondrian properties that SBE plans to open globally by 2022, with six more to be announced.
It follows the company’s recent opening of Mondrian Seoul Itaewon, and the announcement of Mondrian Shoreditch London set to open in 2021.
"The Gold Coast has grown into one of Australia’s leading travel destinations and the opening of Mondrian Gold Coast is the next step in our strategic global expansion for the Mondrian brand, selecting communities at the heart of the most exciting cultural destinations in the world," SBE's chief operating officer Chadi Farhat said.
Accor Pacific chief executive Simon McGrath said the expansion of the first-ever Mondrian into Australia reflects Accor’s commitment to developing innovative, lifestyle-oriented hotels alongside SBE.
"With the Mondrian brand, SBE creates destinations within the destination, bringing together regional authenticity with sophisticated design, creative programming and a lively bar and restaurant scene.
"Mondrian Gold Coast will be the embodiment of this philosophy: providing residents and guests with elevated hospitality experiences that match the beauty and vibrancy of Australia’s Gold Coast region.”
LGC Property Investments, directed by Chris and Letitia Vitale, paid $22 million for the site, which currently houses the 1960s apartment block White Horses Apartment, in July.
There had been an agreement in place for the Brisbane-based Neilson Properties to buy the site in 2018, but that failed to proceed.
The White Horse Apartment owners had been in court battles for a number of years trying to band together to sell their combined 49 apartments.
But because it was a company titled block, they needed 100 per cent of the vote to approve a sale, however six owners resisted.
 
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Gold Coast set for Australia's first Mondrian brand residences and five-star hotel

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The luxury Broadbeach tower Elysian has finished its construction, and has released the remaining apartments for sale.
The Spyre Group’s Broadbeach development has sold 85 per cent of its stock and has released its final 10 apartments, a mix of two, three and four bedroom units. 
Elysian at <a href="/buildings/elysian-185-old-burleigh-road-broadbeach">185 Old Burleigh Road</a> has 61 apartments across its 21 levels.
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Prices start at $785,000 for a two bedroom apartment or from $1.5 million for a three bedroom.
Designed by bureau^proberts, Elysian's amenities include a swimming pool, yoga terrace, sauna room and gym. 
Just 70 metres from the beach, the rare beachfront offering enjoys 180 degree views of the expansive ocean, city and Gold Coast hinterland.
Its features include open-plan living and dining, balconies, floor-to-ceiling windows and timber flooring.
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CBRE Residential Projects is marketing the project. 
Other projects in Queensland developed by Spyre Group include <a href="/buildings/natura-burleigh-heads-112-the-esplanade-burleigh-heads">Natura at Burleigh Heads</a> and the recently completed <a href="/buildings/maya-kirra-beach-1-coyne-street-coolangatta">MAYA at Kirra Beach</a>.
 
 
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Elysian Broadbeach finishes construction, selling final apartments

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The controversial apartments in the Erskineville developer Sugarcube have nearly sold out.

The $46.5 million project on the corner of Metters and Pearl Street came under controversy in 2018 following a dispute between the City of Sydney and the developers that locked owners from their apartments. 

Despite completed construction, the City of Sydney was refusing to allow owners to move into their new homes over concerns that the land below the tower was contaminated.

This September, the council approved a modification application that allowed residents to occupy the site in stages, with stage one for apartments. 

[smartcode_project:default project_id=21882]

The modification includes adopting environmental management plans for the apartments and the surrounding road areas, according to the City of Sydney’s website. 

Golden Rain says they have completed 30 projects across Asia, but Sugarcube remains its only Sydney project. 

Set in the old Ashmore industrial precinct at 1 Metters Street, the residence offers a collection of 109 one and two bedroom apartments. 

Designed by DKO architects, Sugarcube offers open-plan living, city views and a landscaped rooftop garden. 

Pricing for the residences begin at $689,000. 
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Controversial Sugarcube Aparments in Erskineville near sell out

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United Development Sydney has released the final 28 apartments of their Sydney project, Castle Residences.

The luxury development at <a href="/buildings/castle-residences-sydney-116-castlereagh-street-sydney">203 Castlereagh Street</a> comprises 131 apartments, made up of studios, one, two and three bedrooms.

Now in its final stages of pre-completion, the final 28 residences have been released to the market following strong enquiries from local and expatriate international prospects.

Prices in the development begin at $1.24 million and range to $3.94 million.

<img alt="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2020/12/Castle.jpg">

[smartcode_project:default project_id=7758]

Designed by Candalepas Associates and Studio Aria, the 36-floor residential tower is canter-levered above the historic Porter House.

The heritage building will house a luxury boutique hotel, offering 122 rooms, with the new residential tower soaring above.

Residents will have full access to the services from the adjoining hotel.

Each apartment offers pale limestone finishes, oak timbers and bronze accents, as well as views overlooking Sydney’s Hyde Park.

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The tower is expected to top out at level 36 in the first quarter of 2021.

The Agency Projects director Steven Chen believes the product is ideal for local owner-occupiers wanting to reside full time in Castle Residences and for interstate owners to have a base in Sydney. 

“The project caters for high net worth individuals enjoying premium finishes, exemplary facilities, and access to all the hotel services”, Chen says.
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Castle Residences, Sydney release final stage

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One of the Gold Coast’s longest serving community developers Rayjon Group, has received council approval for a $45 million apartment development which will be launched soon.
The Rayjon development, destined to become adjacent to the Rayjon-owned Treetops Plaza Shopping Centre, will take the same approach to the nearly completed Vantage Gold Coast located adjacent to Royal Pines in Benowa.
The Burleigh Waters project will have an exclusive selection of 56 spacious two- and three-bedroom apartments, some with additional multi-purpose rooms and all with large private balconies and two car spaces.
The development, set on a 330 sqm site and designed with plenty of open space for residents, takes a low-density approach on a site that could have easily accommodated significantly more apartments.
The podium level will have a large swimming pool accompanied by an outdoor residents’ lounge, barbecue area and dining pavilion and will also feature a gym and sauna.
The development will be targeting owner occupiers and downsizers in the burgeoning Burleigh precinct.
Rayjon General manager Tyneal Dodds said approval by the Gold Coast council would pave the way for a project launch in coming months.
The development, located at 20 Executive Drive, will offer views ranging from Burleigh Heads to the east, the Surfers Paradise skyline to the north and west to the Gold Coast Hinterland.
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RayJon's $45 million Burleigh Waters residential development approved

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A development application has been lodged for a new commercial tower in Brisbane.
Cbus Property and Nielson Properties, together with Brisbane’s Raniga family, put forward the plans.
The $600 million development will be known as 205 North Quay.
Designed by architecture firms Hassell, New York-based REX and Brisbane’s Richards &amp; Spence, building will include a 25-metre lap pool, childcare facilities, a public realm auditorium, outdoor terraces on every level, and rooftop collaboration and celebration facilities.
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Cbus Property’s Chief Executive Officer, Adrian Pozzo, said the company was pleased to be able to formally submit the development plans, which would optimise the site’s potential and be a catalyst for activating the North Quarter of Brisbane’s CBD, bounding the city’s government precinct with Cbus Property’s prominent 1 William Street commercial tower.
“We are excited to seek planning approval from Brisbane City Council for 205 North Quay, a unique and healthy workplace that will evolve with its users into the future and create a new front door to the city, setting a design standard for others to follow in the exciting burgeoning precinct,” he said.
“The project team has been tasked with creating an office tower that. contributes to Brisbane’s identity as Australia’s New World City, helping to attract investment and tourism, embrace the Queensland lifestyle and ultimately drive the city’s economic growth. As part of this, 205 North Quay’s cutting-edge design also exceeds the council’s ‘Buildings that Breathe’ guidelines.”
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205 North Quay is reportedly targeting a 6 Green Star rating and 5.5 Star NABERS Energy rating.
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DA lodged for Brisbane tower 205 North Quay

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The $1 billion mixed-use M-City development in Clayton has been completed by contractor Multiplex, on behalf of Schiavello Group.
The site is prominently located at 2109-2125 Dandenong Road, on the corner of Princess Highway and Blackburn Road.
Designed by the Buchan Group, M-City is one of the largest master-planned community single stage developments undertaken in Victoria to date.
"We are delighted to complete one of the most significant new developments in Victoria. M-City is a vibrant miniature city in itself delivering premium office, residential, retail and hotel accommodation. It will quickly become a new lifestyle destination in Clayton," said Graham Cottam, Regional Managing Director of Multiplex Victoria.
Multiplex commenced work on M-City in July, 2018 and construction spanned a two- year period, with up to 1,100 workers on-site during peak periods.
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The 30,000 square metre site has a combined built area of over 18 hectares.
Four residential buildings have been built, ranging from three to 12 levels.
There are a total of 665 apartments.
The apartment towers feature rooftop gardens, tennis courts, a swimming pool and spa, a fitness centre, and BBQs.
M-City also features a 4.5-star international hotel that will be operated by Park Royal.
M-City has an eight-level commercial office tower providing 14,000 square metres of commercial space above a two-level retail podium.
The 30,450 square metre retail centre comprises 78 stores including Woolworths, K- Mart, Village cinema complex, a medical centre and a childcare centre with a two-level carpark providing 2,000 car spaces.
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Clayton's $1 billion M-City development completed

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Developers will be chopping at the bit to secure a blue-chip development site in the highly sought eastern suburb of Glen Iris, just nine kilometres from the Melbourne CBD. 
Located at 48 Edgar Street, Glen Iris, this permit approved development site in one of Melbourne’s premium and highly sought lifestyle locations, within direct proximity of some of the cities most renowned retail and lifestyle precincts and elite schools, is situated on a large residential landholding of 1,007 sqm which benefits from rear laneway access.
The large 1,007 sqm site is further enhanced by the approved permit for a luxury residential project comprising 11 apartments of two and three bedrooms, with an average apartment size of 108 sqm, 15 secure car spaces and will be expertly designed by renowned architecture firm ‘Ewert Leaf’. 
For sale exclusively through Julian Heatherich, Benson Zhou and Mark Stafford of Savills Australia, the site benefits from over 19 metres of street frontage to the leafy and quiet Edgar Street in Glen Iris and is situated within a General Residential Zone, with the benefit of rare laneway access.
The immediate surrounding area offers a wide array of premium lifestyle amenity, in proximity to some of Melbourne’s best education facilities and is serviced by major arterials as well as numerous public transport options. 
According to Julian Heatherich, Director, CBD and Metropolitan Sales at Savills Australia, “This is a great opportunity to acquire a permitted boutique development site within one of Melbourne’s most sought after and highly coveted residential locations. With the apartments being well designed and perfectly positioned to meet the demands of the local market.” 
“With immediate proximity to some of the most prestigious schools, renowned retail options and an abundance of transport options, it is easy to see why Glen Iris is one of the most sought after residential development location within Melbourne” he said.    
The site is situated within 100m of Malvern Road retail precinct and 700m* from Tooronga Village Shopping Centre providing a vibrant food and café culture as well as extensive fresh food outlets, speciality stores, fashion retailers and professional and financial services.  
In addition, Chadstone Shopping Centre is a short drive away, with over 500 stores and over 20 million customers per year.
Both Glen Iris and Tooroonga Train Stations are located only 450m* and 550m* from the property, providing access into the CBD. Trams also run along Malvern Road and Burke Road, servicing the immediate area. 
Glen Iris and the surrounding suburbs are home to some of Melbourne’s most renowned education facilities including Caulfield Grammar School, Korowa Anglican Girls’ School and Sacre Coeur. Monash University’s Caulfield Campus is also located 2.5km* directly south of the property. 
The site is located in close proximity to a number of premium public open spaces including the picturesque Gardiner Park, Harold Holt Swim Centre, Malvern Valley Public Golf Course, Nettleton Park and TH King Oval.  
According to Mark Stafford, Associate Director, Savills Melbourne at Savills Australia “This growth in population will add extra demand into what is already a strong performing residential market. 
“Glen Iris has been identified within a ‘golden triangle’ of suburbs in Melbourne’s East that have recently experienced significant growth in the value of real estate. 
“The median house price within Glen Iris stands strong at $1,900,000, well above the Melbourne average” he said. 
48 Edgar Street, Glen Iris is For Sale by Expressions of Interest closing Wednesday 26 August at 2pm.
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Luxury development within Melbourne’s ‘Golden Triangle’

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A new terrace complex has been announced for the Sydney lower North Shore suburb of Willoughby.
The Terraces, Willoughby comprises six three-storey terraces, each with internal private lifts to secured basement parking below.
Set across 1,154 square metres at 7-9 Warners Avenue, the development is the first project in Willoughby brought to market by North Shore-based property developers and fund managers WINIM.
“The Terraces Willoughby is a unique new addition to the area’s existing real estate offering premium quality homes in the highly sought-after, family-friendly suburb based on traditional Sydney harbour terrace design,” said WINIM’S joint managing director, Justin Kuiters.
“The Terraces Willoughby caters to three buyer types principally: to downsizers looking to stay in the area, owner occupiers and couples with families looking for a quality building, in a safe, convenient, established and stable suburb offering an aspirational lifestyle.”
Interior design schemes offer an open plan flow through from living room, kitchen and dining room with the opportunity to secure a media room.
Designed by architects Giles Tribe, with Interiors by Rothelowman, construction is due to commence on the $17 million project in beginning of 2021 and occupation expected by end of first quarter, 2022.
Pricing will range from $2,675,000 to $3,000,000. 
 
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Terrace complex announced in Willoughby

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Lifestyle developer Bottega Group has been granted development approval for the Broadbeach development project 123OBR. 
The development comprises 14 ‘vertical beach houses’ across 17 floors, designed by globally-renowned architects Woods Bagot.
Once complete, the 646 square metre site will boast a ground level five bedroom beach house set over two floors including a private pool; plus 12 full floor homes and a double- storey penthouse. 
123OBR is part of a project pipeline across three sites for the local Queenslanders, who are currently in due diligence on a number of diversified assets across the eastern seaboard of Australia.
Revealing the first design details for 123OBR, Bottega Group managing director Nick Malloch said he and his Bottega Group partners were thrilled to enable a true design collaboration come to life.
 “We wanted 123OBR to feature a vertical stack of beach houses that not only catered for the luxury end of the market, but also offered a design aesthetic that evoked a playful, nautical reference, given its proximity to the beach and the ocean.”
Woods Bagot associate principal David Lee said collaborating with Bottega was a rare opportunity to create a true landmark that would impact the community.
“A home designed with careful consideration of the future resident, and its neighbourhood, and executed with expert craftmanship, carries a sense of permanence,” said David.
“These homes are here for the long run – they will age gracefully in the everchanging coastal environment.”
The architecture of the slender tower is defined by sculpted, raft-like balconies – articulated slab edges that mimic the sand, shaped to provide privacy, but still maintain views and amenity.
David highlights breathable veranda rooms as a design standout, which are concealed from public view and provide entry to each residence.
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“Entrance directly into a timber lined breezeway is a contemporary interpretation of the traditional Queenslander ‘welcome’, and walking through this space to reach your front door is what makes it so special,” said David.
Nick said not only does 123OBR crystallise the Bottega Group’s vision to contribute to the Broadbeach landscape and its residents aesthetically, but also economically.
“We’re thrilled the 123OBR development poses a significant opportunity to generate local jobs and stimulate the local economy,” Nick said.
 
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