<a href="https://www.apartments.com.au/developers/s-p-setia">SP Setia</a> has lodged plans for a $750 million, three-tower mixed-use precinct that would complete the long-running redevelopment of Carlton's former Carlton United Breweries site.

The proposal at <a href="https://www.apartments.com.au/new-apartments/185-195-queensberry-street-carlton-vic-3053">46-78 Bouverie Street and 185-195 Queensberry Street</a> spans a 6,468 sqm site, the last remaining undeveloped parcels within the former brewery's 2007 masterplan.

Designed by <a href="https://www.apartments.com.au/architects/cox-architecture">COX Architecture</a>, the development will comprise two purpose-built student accommodation towers and a third build-to-sell apartment tower above a shared commercial podium and basement.

Across the three towers, SP Setia is proposing 606 build-to-sell apartments and 1,499 student accommodation units containing 2,009 beds.

The apartments will sit in the tallest tower, which will rise nearly 200m and 55 storeys. It will become&nbsp;one of the more substantial new build-to-sell apartment projects at the northern edge of Melbourne's CBD.

The apartment mix is weighted toward smaller inner-city product, with 188 studios, 206 one-bedroom apartments, 192 two-bedroom apartments and 20 three-bedroom apartments

<img alt="First look: SP Setia plans three-tower finale for Carlton’s former CUB precinct" data-entity-type="file" data-entity-uuid="8271bc87-1b0a-41b7-ac73-a425ee375261" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/3_2.png?VersionId=G4lw23o90B1boX4k4dj7rdz2ZEajS9wy" />

Part of the precinct will be a large-scale&nbsp;3,684 sqm supermarket and a further 2,198 sqm of speciality retail, creating close to 5,900 sqm of new commercial space within the precinct.

But one of the biggest components of the proposal is what sits between the buildings.

Around 4,650 sqm, or roughly 72 per cent of the site, will be publicly accessible open space, incorporating plazas, pedestrian connections, landscaped laneways and retail spill-out areas.

The ground plane is intended to finally complete pedestrian connections envisaged when the CUB masterplan was first approved nearly two decades ago, stitching together Victoria Street, Queensberry Street, Bouverie Street and Swanston Street through the former brewery precinct.

Urbis said the development would "complete the CUB precinct", with the public realm providing important north-south and east-west connections through what is currently the final undeveloped portion of the masterplanned site.

SP Setia is also exploring a new linear park within the Bouverie Street road reserve, with the concept to be developed further with the City of Melbourne through the planning process.

The proposal is being pursued through the Victorian Government's Development Facilitation Program under Clause 53.23 for significant residential development with affordable housing.

The planning report acknowledges the proposed heights exceed those contemplated under the original Comprehensive Development Plan and masterplan, but argues the built-form context has changed considerably over the past two decades.

Urbis said the three towers would instead create a stepped transition between Carlton and the Hoddle Grid, rising progressively from the 94.1-metre Tower One along the Queensberry Street edge to the 199.44-metre Tower Three closer to the established CBD-scale buildings to the south.

<img alt="SP Setia" data-entity-type="file" data-entity-uuid="e885a07a-592c-40fc-bf82-e6dbaf32da54" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-21%20at%208.52.24%E2%80%AFAM.png?VersionId=7s_ErUkSKAdY1mAWp3GRZgMNCGtwhk5m" />

SP Setia plans to deliver the development across three stages.

Stage One would deliver the basement, podium and retail areas for the entire precinct alongside the first student tower. Tower Two would follow in Stage Two, before the 606-apartment Tower Three is delivered as the final stage.

If approved and delivered, the project would close out a redevelopment process that has been underway since the former brewery masterplan was approved in 2007, adding more than 2,600 student beds and apartments to a precinct already home to Swanston Central, the Barak Building, RMIT Design Hub and several large student accommodation developments.

&nbsp;

&nbsp;

Joel Robinson

SP Setia plans three-tower finale for Carlton’s former CUB precinct

Melbourne developer Lowe Living is seeking to add to its growing bayside apartment pipeline, filing plans for a boutique eight-residence development in tightly held Middle Park.

Lowe Living, which has built much of its development portfolio across Melbourne's affluent bayside and south-east suburbs, is behind the plans for the 730 sqm site at <a href="https://www.apartments.com.au/new-apartments/123-125-erskine-street-middle-park-vic-3206">123-125 Erskine Street</a>, just off Armstrong Street and within the Armstrong Street Neighbourhood Activity Centre.

The developer is seeking approval for a five-storey residential building above two basement levels, with just eight large-format apartments and 18 car spaces.

“This is a deliberately very different proposition for us,"&nbsp;Tim Lowe, Co-Founder of Lowe Living, said.

"Eight residences is exceptionally boutique, but that's precisely what this site calls for.

“There is a strong community in Middle Park and the surrounding suburbs who have spent decades building a life here. They no longer want the maintenance of a large period home, but they aren't prepared to compromise on space, quality or location. We think there is a real opportunity to capture that hyper local market. A site like this rarely comes to market.”

<img alt="Lowe " data-entity-type="file" data-entity-uuid="875fe572-0f14-4d90-9e11-55b28dd07731" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-21%20at%208.42.49%E2%80%AFAM.png?VersionId=GDNQRv9BfpR9r1zkZ5UDyUM4ZvpIksut" />

The low-density proposal has been designed by Cera Stribley and is being progressed through the Victorian Government's Great Design Fast Track pathway, having already secured eligibility from the Minister for Planning.

The Office of the Victorian Government Architect supported its eligibility after finding the proposal demonstrated consistency with the program's seven design principles, while the project's financial feasibility has also been independently confirmed by Invest Victoria.

The project is targeting the downsizer market, with the planning documents describing the homes as larger-format residences and noting the two penthouses could otherwise have been configured as four separate apartments.

<img alt="Lowe 2" data-entity-type="file" data-entity-uuid="60ab0987-2da6-4175-adac-315dcf6053c6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-21%20at%208.43.15%E2%80%AFAM.png?VersionId=bOCPH0B2MFwlmaRW.TTCF9TzyifgVoQI" />

The site has dual frontage to Erskine Street and Canterbury Place and currently comprises a collection of commercial buildings used as offices, including a former heritage bakehouse, a former stable, a later gabled addition and a central courtyard.

It sits within the Commercial 1 Zone and the Armstrong Street Commercial Precinct heritage overlay, with the existing property classified as a contributory heritage place.

Heritage has subsequently played a significant role in Cera Stribley's design.

The front section of the former bakehouse facing Erskine Street will be retained, including its return walls, street-facing hipped roof and chimneys, while the Erskine Street façade and part of the western return wall of the former stable will also be incorporated into the new development.

Levels four and five will be set back five metres from the retained stable façade, while bricks removed through demolition are proposed to be salvaged and reused within the new building where possible.

<img alt="Lowe 3" data-entity-type="file" data-entity-uuid="e97927a9-a2de-4a0f-83b6-65451238abfa" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-21%20at%208.43.06%E2%80%AFAM.png?VersionId=VR44AChLrX9q1XPB9GvVQV.ALXXbe4gC" />

Rather than presenting as a single five-storey building to Erskine Street, Cera Stribley has broken the development into a series of distinct forms.

A three-storey infill element will sit between the retained bakehouse and stable façades, with the upper levels recessed behind the heritage fabric. Canterbury Place will similarly feature two three-storey podium forms, separated by a central pedestrian accessway, before the upper two levels step back from the street.

A pedestrian through-link will run through the centre of the project between Erskine Street and Canterbury Place, creating entrances from both sides of the site and introducing landscaping and communal areas through the ground plane.

Landscape architect Acre has designed planting across the ground level, private terraces and upper levels, including a feature canopy tree at level three and integrated planting and arbours across the level four terraces. Five existing Erskine Street trees are proposed to be retained.

Sustainability is also a significant component of the Great Design Fast Track application. The apartments are targeting an average eight-star NatHERS rating, with no residence below 6.5 stars, while the project has achieved a 75 per cent BESS score. Seven of the eight apartments are designed for cross-ventilation, with the remaining residence using mechanically assisted natural ventilation.

The plans also incorporate an 8kWp rooftop solar system, a 5,000-litre rainwater tank and infrastructure allowing future electric vehicle charging for every residence.

Lowe has a strong portfolio across Melbourne's blue-chip suburbs. They recently launched <a href="https://www.apartments.com.au/new-apartments/jardin-house-by-lowe-living-camberwell-335-camberwell-road-camberwell-vic-3124">Jardin House by Lowe Living</a> in Camberwell, their first development in the Stonnington LGA.

Lowe Living unveils Middle Park apartment development

Article summary

<ul data-end="888" data-start="289">
	<li data-end="442" data-section-id="8tsh6o" data-start="289">DVB Projects is preparing to launch its second Gold Coast apartment development, with demolition now underway at 137 Old Burleigh Road, Broadbeach.</li>
	<li data-end="573" data-section-id="1nyxl3e" data-start="443">The 34-level tower will comprise just 49 ultra-luxury residences, including half-floor, full-floor and penthouse apartments.</li>
	<li data-end="717" data-section-id="oiyimj" data-start="574">The launch follows strong demand at DVB's nearby Sea Glass project, which is more than 50 per cent sold and currently under construction.</li>
	<li data-end="888" data-section-id="epk9o9" data-start="718">The development adds to the transformation of Old Burleigh Road, with premium beachfront apartment projects continuing to reshape the tightly held Broadbeach strip.</li>
</ul>

<a href="https://www.apartments.com.au/developers/dvb-projects">DVB Projects</a> is preparing to launch its second Gold Coast apartment development, with demolition now underway on the Broadbeach site as the Sydney developer moves closer to bringing the ultra-luxury project to market.

The 34-level tower at <a href="https://www.apartments.com.au/new-apartments/137-old-burleigh-road-broadbeach-qld-4218">137 Old Burleigh Road</a> will comprise just 49 residences, ranging from half-floor apartments through to full-floor homes and a penthouse. The launch follows the strong sales performance of DVB's nearby Sea Glass development. More than half of the apartments at Sea Glass, on the other side of Broadbeach, have been snapped up, well ahead of its late 2027 completion

<img alt="DVB Projects to commence demolition on $320m Broadbeach luxury tower" data-entity-type="file" data-entity-uuid="2944b4be-c84e-4b54-8dc1-c712e76704c0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/E02_Exterior_Street%20Level%20Entrance.jpg?VersionId=YoNig7pRdrE3HCue7sUj78LzJteeQf3H" />

The start of demolition at 137 Old Burleigh Road signals DVB Projects’ underlying confidence in the Gold Coast’s luxury beachside apartment sector.

“We see the Gold Coast as one of the most compelling lifestyle markets in Australia, particularly at the premium end where demand continues to deepen,” said Dean Brown, Managing Director of DVB.&nbsp;

“This project has been carefully designed to respond to that demand - delivering large-format residences with a level of quality, privacy and amenity that is still relatively rare in the apartment market on the beachside."

Brown says the site itself is "exceptional."

"Old Burleigh Road is one of the most tightly held beachfront strips, and opportunities to deliver a project of this scale and calibre in this location are extremely limited.”

<img alt="DVB Projects to commence demolition on $320m Broadbeach luxury tower" data-entity-type="file" data-entity-uuid="398f377a-c037-455e-9250-0c5e0d84c35b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/I12_FF%20Balcony.jpg?VersionId=NwOiRWGMubR1c8wthuEfggklcja7al9." />

The project will comprise 40 half-floor residences of approximately 260 sqm, alongside eight full-floor residences spanning around 524 sqm.

A single penthouse will crown the building, featuring a private pool, barbecue area, indoor gym and dedicated entertaining spaces.

Residents will have access to a resort-style suite of amenities, including a 20-metre pool with daybeds, a gymnasium, hot and cold plunge pools, a sauna, and private residents’ lounge and dining facilities.

<img alt="DVB Projects to commence demolition on $320m Broadbeach luxury tower" data-entity-type="file" data-entity-uuid="d1642bb0-9a66-4427-a022-dfc0988c6287" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/A02_Pool%20to%20View.jpg?VersionId=c0IXPyn_Gp_Kn3XCwzMrqIVkAdCEwVXP" />

Sales agent Todd Matheson, of <a href="https://www.apartments.com.au/project-marketer/pezet-matheson">Pezet Matheson</a>, which is marketing both 137 Old Burleigh Road and Sea Glass, said 137 Old Burleigh Road would address a clear gap in the market for genuine luxury products.

“There are very few opportunities on the Gold Coast where buyers can secure a residence of this size and quality in a new building,” Matheson said.

“What we’re seeing is a growing cohort of downsizers and interstate buyers who still want space - they’re not willing to compromise on living area, entertaining or finishes.

“This project has been designed with that buyer in mind. It offers the scale of a home, combined with the convenience and security of apartment living, in one of the coast’s most desirable positions.”

<img alt="DVB Projects to commence demolition on $320m Broadbeach luxury tower" data-entity-type="file" data-entity-uuid="59aae0ca-5639-4320-8aca-d0bf60f48e43" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/E01_Exterior%20Hero.jpg?VersionId=DS8Zfy2WtgUEtdfe0TEUuf1W1GfcZq8S" />

Located on a 1,156 sqm site one block from the beachfront, the development will replace an ageing walk-up building and is expected to contribute to the ongoing transformation of the Old Burleigh Road strip into one of the Gold Coast’s most prestigious residential corridors.

With the development moving into the delivery phase, 137 Old Burleigh Road is slated to hit the market later this year.

[smartcode_project_cta:default project_id=145141]

DVB Projects to launch second Broadbeach apartment tower as demolition commences

<a data-end="327" data-is-only-node="" data-start="250" href="https://www.apartments.com.au/developers/norus-projects" rel="noopener" target="_new">Norus Developments</a> has lodged plans for a new apartment development in Clayton that would add further momentum to the suburb's emerging Green Street corridor.

Plans have been lodged for the consolidated site at <a href="https://www.apartments.com.au/new-apartments/1359-1365-centre-road-clayton-vic-3168">1359-1365 Centre Road</a>, where Norus is seeking approval for 218 apartments across a 12-storey apartment building designed by <a href="https://www.apartments.com.au/architects/life-architecture-and-urban-design">Life Architecture</a>.

The proposal sits within the Clayton Major Activity Centre at the threshold of the planned Green Street corridor, a landscaped pedestrian connection intended to improve links through the precinct towards Clayton Railway Station.

The development would replace the site's existing collection of low-scale residential and commercial buildings with a single consolidated building, introducing significantly greater housing density to this part of Centre Road.

A retail tenancy is proposed at ground level to activate the Centre Road frontage, accompanied by transparent street interfaces and landscaping intended to create a more pedestrian-focused edge to the development.

<img alt="First look: Norus Developments plans landscape-led apartment project for Clayton’s emerging Green Street" data-entity-type="file" data-entity-uuid="0a5a763a-d9e9-4253-af2f-88008de27ebf" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Clayton%20a.png?VersionId=S2WJJbat1XVkZwB9SnYtygirXgWHiklX" />

The building has been designed with stepped massing and upper-level setbacks to manage its transition towards surrounding residential properties. The planning report describes the approach as one that integrates the building into the landscape rather than treating landscaping as a secondary element.

"A strong landscape and public realm strategy underpins the proposal," Urbis states in the planning report.

"Public benefits include an affordable housing contribution, a new pocket park, generous landscaped setbacks, deep soil planting and integrated Water Sensitive Urban Design."

The report adds that these elements are intended to create "a permeable, pedestrian-focused ground plane that enhances walkability, supports urban cooling and reinforces the emerging Green Street character."

Biophilic and passive design principles extend through the residential levels, with planting, daylight, natural ventilation and views towards landscaped areas forming part of the amenity strategy.

Parking would be concentrated away from the public realm, with 145 car spaces proposed from the rear laneway rather than dominating the Centre Road frontage.

The proposal follows an extensive pre-application process with the City of Monash. Three formal meetings were held between the project team and Council from December 2025 to March 2026, with the scheme evolving through several concept iterations before the current design was lodged.

The project arrives as Clayton prepares for substantial change around its established activity centre and the wider Suburban Rail Loop precinct. Its position on Centre Road places the development within an existing concentration of shops, services and public transport, while the Green Street connection is intended to strengthen pedestrian access towards Clayton Railway Station.

First look: Norus plans landscape-led apartment project for Clayton’s emerging Green Street

<a href="https://www.apartments.com.au/developers/gardner-vaughan-group">Gardner Vaughan Group</a> has officially commenced construction on Bronze on Chevron, celebrating the sod turning of its first-ever Gold Coast development and marking a significant milestone in the company's continued expansion across South East Queensland.&nbsp;

Following the successful delivery of premium residential developments throughout Brisbane and the Sunshine Coast, <a href="https://www.apartments.com.au/new-apartments/bronze-on-chevron-8-mawarra-street-chevron-island-qld-4217">Bronze on Chevron</a> represents Gardner Vaughan Group's entry into the Gold Coast market. Bronze will deliver 119 one, two, three and four-bedroom apartments above two ground-level retail tenancies.

[smartcode_project:default project_id=107520 project_image_fid=367193]

The recent sod turning ceremony was attended by Deputy Mayor Mark Hammel, President of the Surfers Paradise Surf Life Saving Club, Cassandra Sedgman, project consultants, purchasers, project partners and invited guests to celebrate the commencement of construction.&nbsp;

Gardner Vaughan Group Chief Executive Officer Simon Betteridge said Bronze on Chevron represented an exciting new chapter for the business.&nbsp;

"We've spent almost four decades building homes that respond to the way people want to live, and we're excited to bring that experience to <a href="https://www.apartments.com.au/developments/chevron-island-qld-4217">Chevron Island</a>," Betteridge said.

"Bronze on Chevron is particularly significant because it marks Gardner Vaughan Group's first development on the Gold Coast following many successful projects across Brisbane and the Sunshine Coast."

[smartcode_project:default project_id=107520 project_image_fid=367183]

Betteridge said the ground breaking is a proud moment for the&nbsp;team and their purchasers, who can now see their future homes beginning to take shape.&nbsp;

"As both developer and builder, we're able to oversee every aspect of the project from design through to construction, ensuring the quality and attention to detail Gardner Vaughan Group has become renowned for."&nbsp;

Designed by acclaimed architectural practice <a href="https://www.apartments.com.au/architects/cottee-parker-architects">Cottee Parker</a>, Bronze on Chevron has been thoughtfully designed to complement Chevron Island's evolving streetscape while embracing its relaxed coastal lifestyle.

The development will offer generous residences with refined interiors, premium finishes and resort-style amenities, with completion anticipated in early 2029.&nbsp;

[smartcode_project_cta:default project_id=107520]

The development will offer generous residences with refined interiors, premium finishes and resort-style amenities, with completion anticipated in early 2029

Gardner Vaughan Group breaks ground on first Gold Coast development, Bronze on Chevron

New Developments

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Malaysia-based property developer, Eco World International Berhad, has topped out its West Village project, in Parramatta. 
At 40-levels high, is one of only a handful of skyscrapers proposed for the growth corridor to reach its full height. 
On Tuesday, November 12, the company celebrated the occasion with an intimate onsite ceremony, attended by the Mayor of Parramatta, Lord Mayor Bob Dwyer, Executive Vice Chairman of EcoWorld International Tan Sri Liew Kee Sin and President &amp; CEO of EcoWorld International Dato’ Teow Leong Seng. 
Designed by architecture firm Woods Bagot, and featuring landscaping by Myles Baldwin, West Village has secured a 95% success rate, with buyers attracted to its proximity to Westfield Parramatta and the train station. 
As the city’s ‘second CBD’, Parramatta is undergoing significant transformation with major infrastructure projects and development to cater to employment opportunities and a growing population. 
West Village will sit alongside already completed skyscrapers including Altitude, Skyrise and the soon to be complete 4 Parramatta Square, which is earmarked for completion in 2020. 
Commenting on the topping out of West Village, EcoWorld International Australia’s CEO Yap Foo Leong said: "West Village is our first Australian project to top out and it was an honour to celebrate the occasion alongside Lord Mayor Bob Dwyer.
"We have always held the view that Parramatta would be the next growth area for Sydney due to its central geographical location in New South Wales and its excellent infrastructure and amenities.
"Parramatta truly suits our hallmark for rolling out quality developments in prime locations that can cater to the local needs of the residents and the success West Village has experienced confirms the prediction that Parramatta is set to become the new CBD."
West Village offers 398 luxury light-filled apartments with spectacular grand balconies with residential amenities including a tower rooftop complete with BBQ facilities, a virtual golf room, a piano room and a stunning podium sky garden for residents to relax and unwind in.
West Village is EcoWorld International’s first Australian project, with Yarra One in Melbourne expected to be completed in 2020.
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Eco World International tops out West Village project in Parramatta

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Work has commenced on a new $565 million mixed-use development, located at 308 Exhibition Street, with one of the largest concrete pours in Melbourne’s history.
Construction company, Multiplex, has commenced main works construction on Malaysian property developer S P Setia own the project, with the construction being carried out by construction company Multiplex.
The three-metre-deep raft foundation is located on top of an existing railway tunnel, and the 1,000 square metres concrete slab will support the new mixed-use precinct.
Designed by Cox Architecture and Fender Katsalidis, the development comprises two high-rise towers, Sapphire By The Gardens and the Shangri-La hotel.
They will be connected by a sky bridge.
The project’s western tower will boast 62 storeys and host Melbourne’s newest five- star hotel, the Shangri-La.
The eastern tower, Sapphire By The Gardens, will comprise 60 storeys and house over 300 luxury residential apartments.
“We are delighted to commence the main works on this world-class development which is set to be one of the most significant projects in Victoria,” said Graham Cottam, Regional Managing Director of Multiplex Victoria.
“As one of Multiplex’s largest projects currently underway in Australia, we are very pleased to secure this contract and look forward to working alongside S P Setia to develop this new inner-city landmark.”
Both towers are under construction simultaneously with the sky bridge to be built towards the latter half of the project. Excavation and piling commenced in March, 2019.
Following S P Setia’s announcement in October, 2018 that Multiplex would deliver this project, the official contract signing recently took place for the main works.
Construction commenced in June, 2019 and is scheduled for completion in 2022.
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Work commences on $565 million mixed-use Melbourne development

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A new $78 million luxury residential development project, on the Sunshine Coast's Bokarina Beach, has been approved.
RGD Prestige is developing the project, which will be known as Seanna Residences.
Seanna Residences has already sold 30% of its apartments, with $20.478 million worth of sales.
“We have had overwhelming interest from across South East Queensland including both local Sunshine Coast and Brisbane buyers,” RGD Prestige owner Ron Grabbe said.
Designed by Sunshine Coast architectural firm O.G.E, the project has been created for owner occupiers who “demand large open plan living spaces, ample storage and quality finishes”.
Over eight-storeys, It will feature 49 three-bedroom residences, as well as 14 two-bedroom residences.
Construction is anticipated to commence in early 2020.
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Approval granted for $78 million Seanna Residences development at Sunshine Coast's Bokarina Beach

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The Monarc Health &amp; Childcare Hub, in Everton Park, has commenced construction and is expected to be open by mid-2020.
Located at 55 Woolworths Street, Everton Park, the Health &amp; Childcare Hub is the first stage of a 1.1 hectare mixed use urban precinct called Monarc that received Brisbane City Council approval in June.
Local Brisbane developer Rogerscorp is developing the holding, which will ultimately include the Health &amp; Childcare Hub, accompanied by four residential apartment towers.
Three tenants have already pre-committed to the development, making it 90% occupied.
The Monarc Health &amp; Childcare Hub totals approximately 2,763 square metres over 3 levels, and features 72 carparking bays with all levels connected by elevators.
The Everton Park Medical Centre was secured on a 10-year lease with two 5-year options by Harry Dever and Chris O’Driscoll from Colliers International who are exclusively marketing the first stage of the development. They will be occupying 600 square metres within the Hub and will be co-located alongside two other pre-committed tenants. 
One of them is Harmony Early Learning Journey which is founded and operated by Chris and Gabrielle Giufre. They will open a 112 place childcare centre after signing a 20-year lease term with two 5-year options through Mitchell Willet from Cushman &amp; Wakefield.
The third tenant will be a Chemist occupying 200 square metres which Rogerscorp has secured on a 10-year lease term with two 5-year options. 
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Everton Park health and childcare hub set for 2020 opening

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The former site of Melbourne’s 3AW studios, which operated for nearly 20 years in Bank Street, South Melbourne is set to undergo a major overhaul, after developers launched a new $120 million project for the space.
The 1,440 square metre site, acquired by Virgate Property Group in 2016 for $15 million, will be known as Domain House.
"The Domain Precinct is a tightly held and sought-after area, we are seeing a huge uplift in demand for high-end apartments in South Melbourne with official forecasts predicting a population of 22,000 residents by 2031, growing at a rate of 4.0% per annum,” said CBRE’s Managing Director of Residential Projects, Andrew Leoncelli.
Domain House apartments are expected to be priced between $460,000 to $1.7 million.
The project is targeted to commence construction by October 2020, with an estimated completion date in mid-2022.
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Former South Melbourne 3AW studio site set for $120 million redevelopment 

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A multi-residential development in Brunswick East, has now been approved by the Victorian Civil Administrative Tribunal (VCAT).
Situated at 269 Stewart Stree, it is being developed by the Melbourne-based Lucent.
They have been granted approval to build 69 new apartments across six levels, comprising 6,178 square metres of residential space, in addition to 104 square metres for an office, and a 315 square metre retail tenancy.
The development, to be known as The Stewart Collective, has been architecturally designed by ClarkeHopkinsClarke with interiors by Austin Maynard Architects.
"After three years of working with council and VCAT, we’re pleased to have reached a decision that benefits all stakeholders," said Panos Miltiadou, Lucent’s managing director. 
"We’re looking forward to bringing this series of environmentally sustainable, community-based residences to a great pocket of Brunswick East and turn the site into something that will add enduring value to the local area." 
Lucent acquired the site, in June 2016.
The project will officially launch to market on 26 October.
Demolition work and construction of the new apartment building is expected to begin in March 2020, with completion anticipated by late 2021.
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Brunswick East development granted approval

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An $85 million apartment development project, in the Adelaide CBD, has appointed construction company Maxcon to build the complex.
Developer Flagship Property Holdings says the appointment of Maxcon paves the way for construction to commence on their Penny Place building later this year.
‘Maxcon has proven itself as one of Australia’s finest construction companies, so we’re pleased to partner with them to help us deliver on our exciting vision for Penny Place,’ said Mark Jarman, Chief Executive Officer of Flagship Property Holdings.
Located on Angas Street near Victoria Square, Penny Place will comprise 152 apartments, car parking and a bike store.
There will also be a ground floor lobby, resident lounge and kitchen, and space for a retail outlet, as well as a public plaza.
The 24-storey, 78 metre high Penny Place development forms the second stage of Flagship’s plan for the inner city site where it has just completed its Kodo apartment development, which, at 103 metres high, now stands as Adelaide’s tallest residential building.
Jarman added that the impeding construction work later this year would create approximately 150 new jobs, and represent a major boost to the local building industry.
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Maxcon to build $85 million Penny Place development

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Caydon's re-development of the iconic Nylex clock site in Cremorne, Melbourne saw the project's first building top out.
The nine-level, 8,800 sqm commercial tower at the site’s southeastern corner was fully leased to software company MYOB in 2018.
Probuild, which won the contract to build the commercial tower in May 2018, will complete construction of the top floor with full fit-out expected to be complete by mid-2020.
The building forms part of Caydon’s masterplan for the site known as The Malt District.
Development at the site incorporates retention of numerous concrete silos, as well as the Victoria Bitter sign and the famous Nylex clock, which will be fully restored and reinstated.
Amenities will include a micro-brewery and pub, while public green spaces, courtyards and laneways will connect new and old buildings in the mixed-use precinct with new roads, pedestrian and bicycle paths.
Major work on Stage Two of the project involving restoration and retention of heritage structures and assets is expected to progress in November with construction expected to begin on two further buildings designated for commercial use. 
Work is also progressing on Coppins Corner, a 15 and 12 split-level tower featuring 209 one, two, and three-bedroom apartments, 60% of which have been sold.
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First commercial tower in Cremorne's Nylex clock site tops out

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Residents at 8-12 Sorrell Street, Parramatta have banded together to sell to a developer for $44.5 million.
Set across the river from the Parramatta CBD, several agents claimed that by amalgamating together the 42 unit owners were able to double their achievable sale price.
The sale was three years in the making after the building’s strata committee got an unsolicited offer from another developer.
The sale represents continued confidence in providing residential apartment supply within the seemingly oversupplied Parramatta market. 
But any new apartments won't appear at the site in the next five years.
The Parramatta sale consists of three apartment buildings on a 4,012 square metre site.
It was zoned B4 mixed use with the potential for a project with a gross floor area of up to 27,683 square metres, subject to council approval.
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42 Parramatta apartment owners sell in one line to developer

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Victoria’s newest boat dry-stack facility has been completed, located within Marina Village Martha Cove development at Safety Beach.
It offers fully enclosed storage for vessels up to 35-feet long (roughly 10 metres) all year round.
It features swipe access to marina arms, a 24/7 security system, on-site security staff, fuel dock, public boat ramp and car parking.
Its on-site marine services includes full-service maintenance management, refit repair sheds, 70-tonne travel lift, hard stand, work berths and trailer storage.
<a href="https://www.propertyobserver.com.au/subscribe" target="_blank"><img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/Subscriber%20strip%20ad.jpg" alt=""></a>
Paul Vernon, national operations manager for d’Albora Marinas, said that the completion of the development would position the boatyard as the premium vessel and maintenance facility in Victoria.
"We’re proud to now be home to the most state-of-the-art boat dry-stack facility in Victoria," Vernon said.
"This completes stage one of the fully integrated boatyard and marine services we are now able to offer."
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/8/19/boat%202.jpg" alt="">
The first stage of the project’s combined residential development, a 43-apartment building known as The Moorings, is also complete.
A ground floor restaurant, bar and grocer, Martha’s Table, is due to open in early spring this year.
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