<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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Lenland Property Development and Toast Creative have collaborated with thedreamswehave.com to shine a spotlight on the dreams of the people of Alexandria at Teneo, the developer’s latest development in Sydney’s inner-east. 
thedreamswehave.com is a brand-new project by award-winning Australia-based photographer Billy Plummer.
Plummer is world-renowned for his portraiture, shooting the likes of Jean Claude Van Damme, Richard Branson, Tony Abbott and more. 
The launch of thedreamswehave.com coincides with the launch of the Teneo display suite at 13 Ralph Street today to the public, in which more than 50 of the dreams of Alexandria locals will be displayed through striking, human portraits and handwritten messages.
Upon completion in late 2019, <a href="https://www.realestate.com.au/project/teneo-alexandria-600018574" target="_blank">Teneo</a> (below) will feature 61 one, two and three-bedroom apartments across six storeys.
Designed by award-winning architects Architecture Saville Isaacs, Teneo will include several ground-floor terrace-style three-bedroom apartments, CBD views from many upper-level apartments, and two rooftop courtyards atop ‘arms’ extending from the rear of the building.
<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/2017/11/7/Teneo.jpg" alt="">
Richard Abbott of RJA Projects - project and development manager at Teneo said the ‘arms’ inspired them to celebrate the aspirational aspects of Teneo and show how future Alexandria residents are reaching for a better life.
“Toast Creative and Lenland Property Group partnered with Billy Plummer to help launch his project and to create some amazing art, capturing the dreams of dozens of locals and passers-by at The Cannery and The Grounds in Alexandria," Abbott said.
It’s a really interesting lens through which to view people. The results are truly spectacular and are now on display for all to see at our display suite. We encourage you to come down and experience this, and our rooftop simulation room, for yourself."
Photographer and founder of thedreamswehave.com Billy Plummer says that looking at a portrait, he was always left thinking there was more there than you could see.
"I had an idea where I would take portraits of people and ask them what they were thinking, specifically what they dreamt of," Plummer said.
"That’s how thedreamswehave.com project came about. It could be a waking dream, like climbing Everest or having children, or it could be something more unconscious and surreal like turning into a marshmallow,” says Billy Plummer, Photographer and Founder of thedreamswehave.com.
“After looking at more than 2,000 dreams, it’s revealing that people generally have the similar dreams around the world, rich or poor, old or young. The photos identify a commonality of reaching for a better life and my project really speaks to that. I genuinely believe that ordinary when examined is absolutely extraordinary. I bring a little of that to everything. I’m really looking forward to capturing more dreams overseas, seeing what this reveals and to watching this project grow."
View some of the <a href="http://www.thedreamswehave.com/" target="_blank">dreams here</a>.<a href="http://www.thedreamswehave.com"> </a>
</body></html>

jrobinson-rf4aSBido9

Award-winning photographer Billy Plummer launches new global project at Alexandria display suite

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More than $150 million sold at the sales launch of The Harrington Collection in The Rocks on Saturday morning.
But just 36 of the 58 abodes, including one of two $8 million plus penthouses, sold.
Pricing still reflected the boom times, with fewer interested buyers.
Prices started for the <a href="https://www.realestate.com.au/project/the-harrington-collection-the-rocks-600018998" target="_blank">one-bedders from $1.25 million</a>, two-bedders from $2.1 million and three-bedder from $3 million, with spaces ranging from 52 sqm-66 sqm internal for ones, two-bed apartments from 71sqm-100 sqm.
<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/2017/11/6/HARRINGTON2.jpg" alt="">
The optimist salesman Ben Stewart told Domain he expected the remaining apartments to sell before the end of the month.
Stewart, a senior director at CBRE Residential Projects, had expected the apartments to appeal to downsizers, city professionals and buyers looking for an inner-city “touchdown pad”.
CBRE's chairman of residential projects in Sydney, Justin Brown has noted there had been "a reduction in investors and foreign purchasers within the market that will affect the ability for developers to achieve pre-sales in the future."
"The off the plan market in 2017 normalised ... we saw purchasers seeking value," he told Fairfax Media.
Selling just half of its 131 apartments on the morning of its launch, Castle Residences ranks among the weakest of CBRE off the plan launches this year.
Sales did include the Castle Residences’ penthouse, which sold for $18 million ($62,000 per square metre) at its 203 Castlereagh Street location.
Golden Age Group bought the leasehold, which sits in the historic Baker's Terraces area, from Arena Office Fund for $50 million in 2014.
<div class="cq-article-content-paras section">
<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/2017/11/6/HARRINGTON3.jpg" alt="">
It was a joint development by Golden Age Group and Hannas made up of 49 new apartments, seven town homes and two restored Victorian-era terraces.
The project known as The Harrington Collection will also include commercial office space along with retail.
It will span nine floors to a design by architects FJMT which got instructions from developer Jeff Xu for a smaller boutique development to provide a richer overall experience.
</div>
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j.ballantyne1990-6AQqhLzZaK

Buyer hesitancy over price at The Harrington Collection suggest the Golden Age is over

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<div class="cq-article-content-paras section">
The longtime Melbourne apartment developer Michael Yates is seeking to sell his 55 Claremont Street project site after only getting buyers for 20 of the 37 apartments in the planned development.
The <a href="https://www.realcommercial.com.au/property-land+development-vic-south+yarra-502602942" target="_blank">boutique project</a> failed to get traction with buyers, he admitted to Fairfax Media.
"Sales were slow," Mr Yates candidly said. "We didn't reach the required numbers for finance. Building costs have also blown out."
</div>
<div class="cq-article-content-media section">It is reportedly the last site he owns, so he will be stepping out of the apartment industry.</div>
<div class="cq-article-content-media section"> </div>
<div class="cq-article-content-media section">His desperate sale pitch came with an offer of a shared electric BMW i3 for residents of the 37 apartments, but it wasn't enough to tempt buyers. </div>
<div class="cq-article-content-media section">The unsuccessful marketing campaign came from <a href="https://www.grenade.com.au/55-claremont/" target="_blank">Grenade</a>. It was marketed as the last of its kind to offer panoramic, never-to-be built out views of the Yarra River and Melbourne CBD.</div>
<div class="cq-article-content-media section"> </div>
<div class="cq-article-content-media section"><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/2017/10/30/Yates2.jpg" alt=""></div>
<div class="cq-article-content-media section">
Ausin, the company that promotes Australian property to the Chinese foreigners, was engaged to find an overseas demand, that also failed to emerge.
The 50 year veteran, now 73, says he's not leaving development, but he has sub-leased his office.
</div>
<div class="cq-article-content-media section">He hopes to "take it easy for a year or so".</div>
<div class="cq-article-content-media section"> </div>
<div class="cq-article-content-media section">The Claremont Street site has joined with a neighbouring one owned by cleaning company AES Services boss George Haritos to make the current 969-square-metre site offering.</div>
<div class="cq-article-content-media section"> </div>
<div class="cq-article-content-media section">It is not just uncertainty about the apartment market - but his age and health - that had prompted him to take a break, noting "all cycles come to an end."</div>
<div class="cq-article-content-paras section">
Mr Yates's son Toby left the business last year after ten years as sales and marketing manager.
On its 2015 launch, construction was due for completion by the end of 2017. When CBRE was engaged to sell the apartment, it was suggesting a late 2018 completion, but again unable to find sufficiently boost buyer numbers.
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<div class="cq-article-content-media section">Now Mark Wizel is selling the entire 49-55 Claremont Street site with its view towards the river and city skyline over the Melbourne High School oval.</div>
<div class="cq-article-content-media section"> </div>
<div class="cq-article-content-media section">He claims there had been "solid" interest in the "early 30 [million]s" for the site but that the expectations of Yates and Haritos "might be a little north of that".</div>
<div class="cq-article-content-media section"> </div>
<div class="cq-article-content-media section">Fairfax Media described the site as "spectacularly located" that "some sources are tipping could make way for the city's most exclusive apartment tower."</div>
<div class="cq-article-content-media section"> </div>
<div class="cq-article-content-media section"><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/2017/10/30/Yates1.jpg" alt=""></div>
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<div class="cq-article-content-media section">It anticipated a tower of possibly more than 30 storeys.</div>
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<div class="cq-article-content-media section">The site is along from his previously constructed Yarra House. 
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The Michael L Yates &amp; Co. project was set to continue their longstanding relationship with architects Bird de la Coeur and interior designers Hassell.</div>
<div class="cq-article-content-media section"> </div>
<div class="cq-article-content-media section">On its early 2016 launch The Urban Developer claimed Melbourne’s luxury apartment market was set to strengthen during 2016, driven predominantly by the baby-boomer cohort demanding high quality, spacious apartments in inner city pockets.</div>
<div class="cq-article-content-media section"> </div>
<div class="cq-article-content-media section">Yates, said on launch the past few years had seen the makings of the “boomer-boom”, with his nearby development Yarra House in South Yarra selling more than 70 percent of apartments to owner occupiers in the over-50 bracket.
According to Mr Yates, the baby-boomer demand for Yarra House was a shift from previous projects in the area where at least 40 percent of stock was purchased by investors.
“We have ensured 55 Claremont ticked the boxes for baby-boomers – spacious and flexible floorplans, a boutique development in a prime location and a dress circle view of Melbourne,” he suggested at the time of launch.
Industry observers noted the ignominy of his retreat in 2017 is that the name and the Michael Yates brand was built around the fact that he "lives and breathes South Yarra."
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Known as the Forrest Hill Precinct, it is located between and includes the west side of Chapel Street through to Yarra Street, running north from Toorak Road through to Alexandra Avenue. 
The precinct was brought to the attention of the market in 2005, when a large portion was acquired by Michael L Yates &amp; Co, with its subsequent re-zoning following and development commenced. From the outset, the Precinct had potential for 50 development sites, of which 30 have now been fully developed providing in total around 3000 apartments.
Last year it was suggested 15 sites remained suitable for development, with a potential to produce a further 2,500 apartments. 
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Yates' devotion to the area over four decades resulted in numerous developments that have included award winning projects such as 7 &amp; 9 Yarra Street, 50 Claremont Street, and One Yarra Lane.
Previously Yates was proud of the high-end Georges Apartments on Little Collins Street in the Melbourne CBD.
Earlier in his career, Yates developed office buildings on Collin Street, including 400 Collins St, 414 Collins St and 454 Collins St.
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Michael Yates quits South Yarra apartment site after failing to secure finance

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More than 90 per cent of 118 apartments offered at the Crest complex in Woolooware Bay Town Centre in the Sutherland Shire were sold on Saturday.
Downsizers, young professionals and first-timers were prominent among the buyers.
Even the local NRL coach's family bought into the complex. 
Prices range from about $615,000 for a one-bedroom with a single car park to $1.75 million, for a three-bedroom with two car spaces.
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In 2014 more than $100 million of property, or 177 apartments of the 220 available, saw contracts exchanged at the launch of Woolooware Bay town centre and residential community development.
The Sutherland Shire development is on land owned by the Cronulla Sutherland Leagues Club, and is on a 10-hectare site which was billed will have 600 apartments, a Sharks Club and a 17,700 square metre retail and medical centre.
The 2014 launch also saw first home buyers, young families, downsizers and retirees purchasing - with 95% local buyers.
Prices ranged from $450,000 for one-bedroom apartments, $575,000 for two-bedroom apartments and from $860,000 for three-bedroom apartments.
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Crest sees Woolooware Bay apartment sales continue

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Coronation Property’s latest boutique, residential tower in the leafy suburb of Harris Park – Parramatta’s cultural answer to Surry Hills - is set to deliver an unprecedented, bespoke lifestyle offering to the market with affordability at its very heart, with apartments starting at just $475,000.
The opportunity to live in a boutique, architecturally designed, unique building in a prominent corner of Harris Park well serviced by public transport – Charlie Parker is just 500m from Parramatta Train Station and 650m from Harris Park – is expected to resonate very strongly with first home buyers.
Comprising just 111 apartments, Charlie Parker will span 22 storeys and will include an open-air pool and gym on the terrace level.
Designed by award winning Francis-Jones Morehen Thorp (fjmt) architects, who were inspired by the curves of the art-deco period, the development will also be easily distinguished by the quirky imaginings of contemporary public artists Gillie &amp; Marc, whom were commissioned to create bespoke artworks including the very ‘character’ of Charlie Parker himself.
Charlie Parker – aptly named by the two streets it is positioned on – Charles &amp; Parkes Streets, will also incorporate a high-end, resident’s lounge, open-air pool, fully equipped gymnasium and relaxation area of which will have various curated artworks on display.
Director of Urban Transformation for Coronation Property, Mr Aras Labutis, said the project’s concept and the bespoke artistry that will embody it, is something that is best experienced first-hand at the Charlie Parker gallery and display apartment currently taking shape and due to open 4th November 2017.
Other design collaborations announced for Charlie Parker include Durie Design – headed by international, award-winning landscape designer Jamie Durie, which Coronation Property has partnered with on two prior developments to develop extraordinary landscaped areas, including nearby 8 Phillip Street in Parramatta and The Paper Mill precinct in Liverpool.
Mr Labutis said Charlie Parker will open up the opportunity for those working in Sydney’s second largest CBD of Parramatta to purchase a home within walking distance of the city, without some of the associated downsides of living right within it, and at a palatable price point.
“Situated so close to both Parramatta and Harris Park train stations and just a few minutes from Western Sydney University, Parramatta Westfield and Parramatta River, Charlie Parker is big on lifestyle, with unrivalled convenience and connectivity,” he said.
Coronation Property has a long history of investing in the future of western Sydney, with its The Paper Mill development in Liverpool leading the way for riverside living in the area and 8 Phillip Street in Parramatta – launched last year, also paving the way for intelligent, luxury design that is still obtainable.
Prices for apartments at Charlie Parker start from $475,000 for a one bedroom suite, $567,000 for a one bedroom residence, $785,000 for a two bedroom and $898,000 for three bedrooms, with two four bedroom penthouses also available, with price on application.
For more information <a href="https://coronation.com.au/projects/harris-park/" target="_blank">click here</a>.
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spost-fCfKtoCdFu

Charlie Parker set to invigorate the ‘Surry Hills’ of the west 

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A new display suite has been opened at The Uptown, a Roseville development set for late 2017 completion.
The Uptown's progressive tech-smart features in the display suite, including remote control lighting and home entertainment, plus Samsung digital fingerprint security and video intercoms.
Stage one purchasers are already moving into The Uptown, which is expected to be fully occupied by November.
10 apartments are currently up for sale.
The joint venture by CWG Development and Longton Capital comprises 220 apartments across six buildings, designed by MD+A Architects and with interiors by Archer + Wright.
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The one bedroom plus study apartments are available from $860,000, and two bedrooms start from $1.21 million.
The 140 sqm three bedroom apartment has 104 sqm of internal space and 36 sqm balcony.
The Uptown is set among gardens designed by 360 Degrees Landscape Architects.
Longton Capital executive director Winnie Pi says buyers have recognised the commitment to quality at The Uptown, and key collaborations with leading designers have helped the project stand out in a crowded marketplace.
“The Uptown’s display suite will be dressed by Coco Republic, who are renowned for their luxurious furniture and design skills, while we’ve also been honoured to work with the visionaries from 360 Degrees Landscape Architects, who will give The Uptown a true ‘green’ feel,” she said.
Joy Simonsen, Senior Interior Designer at Coco Republic, says the stylish modern design of The Uptown provided inspiration for how the display suite was furnished.
“The design inspiration for the display suite came from the style and warm tones of the timber flooring, tiles and cabinetry, and we played off these elements by selecting rich shades of charcoal, aubergine and bronze in luxury velvets and linen fabrics for the furniture, rug and accent cushions."
“The addition of brass accessories added to the luxurious palette, and we made sure to choose furniture pieces which were modern yet classic, in keeping with the luxury market.”
To visit the website, <a href="https://theuptown.com.au/goldencollection/" target="_blank">click here</a>.
 
 
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The Uptown display suite in Roseville showcases design collaborations

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YarraBend, a new Melbourne suburb being developed by Glenvill, will soon witness a luxury apartment project come up which has been designed by architects DKO.
Parkview Apartments in Melbourne’s Alphington will comprise 120 units in configurations of one, two and three bedrooms, starting from $455,000. 
According to the description, Parkview will be the first apartment project within YarraBend and one of the first to be designed in line with Victoria’s Better Apartments Design Standards, ensuring liveable and sustainable designs are prioritised throughout the space.
Conceived by DKO, the apartments are designed to complement their natural environment, nearby parklands and the Yarra River.
The design brief by YarraBend for the entire site is to help create an urban renewal development of international standard, equal to New York’s Meat Packing District and London’s Canary Wharf with a considered and future-proof design that appealed to a discerning taste.
DKO’s design considers the historic buildings on the site, whilst creating a contemporary space with minimalist interiors.
“The design of the apartments provide space for landscaped gardens on the ground floor and generous balconies for units above, which take advantage of spectacular views to the river, surrounding parks and the city,” said Koos de Keijzer, principal at DKO Architecture.
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The 120 apartments are available in one, two and three bedrooms, starting from $455,000.
YarraBend says it has doubled its three-bedroom offering in response to market demand.
Each unit features high ceilings, large, double glazed windows and balcony with views.
There is also smart-wired lighting for select apartments and Miele appliances.
Communal amenities include a rooftop terrace with pool and heated spa, residents’ lounge with fireplace, a wine cellar and a resident gym.
A shopping centre is planned next to the development. 
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YarraBend’s creative director Len Warson said the project would set new benchmarks in design and urban liveability.
“YarraBend will be a new Northern gateway opening up a huge parcel of riverfront land that was previously industrial and inaccessible,” Warson said.
“We are creating incredible world-class amenities such as a health and wellness centre and cutting-edge gym equipment with cloud based fitness training.”
“A YarraBend app connecting the residents to a variety of conveniences such as a tech concierge (a Glenvill innovation).” says Warson.
For more information, <a href="https://www.yarrabend.com.au" target="_blank">click here</a>.
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YarraBend gears up for luxury apartment project designed by DKO 

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Deicorp’s $400 plus million apartment development, Highline Westmead, promises to deliver more than 550 apartments as part of Western Sydney’s transformation. 
Inspired by New York’s urban masterpiece, Highline will comprise 556 apartments spread over five, 7-23 storey buildings.
The apartments are a mix of studios, one, two and three-bedroom apartments.
Approval for the first half of the project at <a href="https://deicorpproperty.com.au/property/westmead/" target="_blank">151 Hawkesbury Road</a> came recently. 
Stage 1 is expected to be complete by late 2019.
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Designed by well-known architects Turner Studio, the development will feature a swimming pool, sun decks, BBQ pavilions and communal green spaces. There is also a rooftop garden.
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Many of the units are under $650,000, and will suit both first homebuyers and investors.
“Westmead is critical to Western Sydney’s continued economic transformation, and is expected to generate up to 50,000 new knowledge jobs by 2036,” according to the Deloitte Access Economics report, Westmead Innovation District: Building Western Sydney’s jobs engine.
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With over $5.8 billion to be invested over the next decade, Westmead is also poised to be Australia’s fastest growing economy. Westmead has $1 billion expansion plans for local universities and an upcoming $900 million hospital redevelopment.
It is near Westmead Train station and will be close to the planned light rail stop. There’s plenty of shopping nearby. 
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Deicorp's $400 million Highline Westmead part of Western Sydney's transformation 

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Development Victoria’s latest residential development, the Rothelowman-designed CIRQ Point Cook townhouse project, has achieved more than 50 per cent sales, with nearly three quarters going to local buyers.
Development Victoria fast-tracked the release of the second collection of homes after the launch of stage one attracted strong interest. 
In its first weekend more than $11.5 million worth of homes sold in May. 
CIRQ Point Cook Stage Two featured 14 two and three-bedroom townhouses. 
Development Victoria’s general manager Development and Construction, Peter Southwell said the response to the project had been extremely strong. 
Southwell said the success of the project was a result of bringing the right type of products to the market at the right time, and ensuring easy access to the town centre and neighbouring wetlands. 
“Development Victoria has been involved in developing Point Cook since 1998,” he said. 
“We have facilitated the delivery of a range of different housing types that meet the needs of individuals and families, and improve affordability.” 
Paul Ciprian, director of Oliver Hume which is marketing the project, said the sales rush reinforced the demand for high quality architectural designs that combine proximity to amenity, livability, innovative design and light-filled spaces framing views to nature. 
“CIRQ residents will have access to Point Cook’s main retail and commercial centre, library, cycle paths, kindergarten and community centre, along with four schools and colleges and three childcare/early learning centres, which are all located within a few minutes’ walk of these great new homes,” Ciprian said.
Many locals have purchased with the view to downsize from an established home in Point Cook, the most popular dwellings being the townhouses fronting the park, which feature large windows and terraces out toward the wetlands and park.
The first release forms part of 104 new homes in the first medium-density housing project for Development Victoria, which launched in April 2017 as the Victorian Government’s new agency responsible for urban renewal and development and civic projects, following the merge of Places Victoria and Major Projects Victoria. 
CIRQ is located on the corner of Lawler Street and Murnong Street, Point Cook VIC, and the display suite is open daily from 11am-5pm 
CIRQ Point Cook features two, three and four bedroom townhouses, designed by architects Rothelowman.
CIRQ has also recently achieved the Silver Standard of Livable Housing Australia Guidelines certification.
The Silver Standard assesses developments on a range of performance levels and design standards, including accessibility and adaptability.
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A number of home designs at CIRQ meet these performance standards through its inclusion of appropriate front door width specifications, ground floor toilets, and bathroom designs that support long-term occupancy.
“Achieving Silver Standard certification for Point Cook highlights the quality and contemporary design standard of the homes on offer,” Mr Southwell said.
“The certification addresses important factors such as accessibility to help residents stay in these new homes in the long-term.” 
The CIRQ development is the first medium-density housing project for Development Victoria, which launched in April 2017 as the Victorian Government’s new agency responsible for urban renewal, property development and civic projects.For more information, visit <a href="http://cirq.com.au" target="_blank">cirq.com.au</a>.
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New homes in CIRQ Point Cook selling to local buyers

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Retirement industry player Andrew Philip's RCA Villages has emerged as the $16.26 million buyer of the former Ingham's hatchery at Mount Martha.
Ingham Enterprise's holding at <a href="https://www.realcommercial.com.au/property-land+development-vic-mount+martha-502354054" target="_blank">646 Nepean Highway</a> was 4.5 hectares.
It was offered in May to developers after TPG paid the Ingham family $880 million for its then-94-year old poultry business in 2013.
The parcel is close to Mount Martha beach, located about a kilometre away.
Around one in three chickens sold in Australia is produced by Inghams – which was established in 1918 in Casula, New South Wales.
The selling agent was David Minty of CBRE. 
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