<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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A project west of Melbourne in Bacchus Marsh that promises “next generation, economical housing design”, has been launched.
Developer Kataland’s Underbank, a development site on 166 hectares, seeks to differentiate itself from traditional master-planned communities through designs that are in harmony with the natural landscape of the area.
The $250 million dollar project will be located in Melbourne’s Western Growth Corridor, one of the fastest growing regions in Australia, which will eventually accommodate a population of 277,000 people and 164,000 jobs.
Kataland director Jason Yeap said Underbank breaks away from traditional master-planned communities because it is planned to be in harmony with the natural landscape.
“Most master-planned communities look the same – they’re flat and featureless. When I first saw the Underbank site, I was struck by the rich landscape. There’s a natural bowl formation with a valley floor surrounded by hills, established trees, native shrubs and landscaped waterways.”
“With Underbank, it was integral to preserve the site’s existing natural assets, and instead of cutting into the land, we created new home designs that work with the land, not against it.”
Located three kilometres west from Bacchus Marsh, Underbank is expected to become home to around 4,000 people in 1,500 houses, with its own town centre, parklands, plus community and recreational facilities.
Construction on the Underbank sites has already commenced, and stage one has been released, with land starting at $129,000 for a 420 sqm block.
While buyers can choose their own builder, Underbank, will also offer future residents access to designs by architect Louis Chiodo that feature modular light-filled living environments.
<img src="/images/2016/09/16/Underbank2.jpg" alt="">
Yeap said supporting the growing community in the charming town of Bacchus Marsh was vital.
“People aren’t just moving to Bacchus Marsh because of affordability – there’s a long string of prestigious schools like Bacchus Marsh Grammar, and it’s only 50 km from Melbourne’s CBD,” said Yeap.
“We have been working with council and the local community to future proof the region so that growth is sustainable and the bustling town remains liveable.”
Underbank will be maintaining and restoring the flora and historical significance of the former stud farm, once home to Australian legendary racehorse Phar Lap. It will restore the horse stables into a community hub for markets and activities.
Other features of Underbank’s planning include walking trails and bike paths through the parklands. There will also be several pocket parks dotted through the site with playgrounds, fitness stations, picnic shelters and BBQ facilities.
Infrastructure upgrades, including the Hallets Way upgrade and pedestrian links to Bacchus Marsh Road, will improve connectivity in-and-about Bacchus Marsh, according to the media release.
“As a developer, our goal is to be visionary; to be a leader, not a follower,” said Yeap. “With Underbank, we’re excited to bring a new era of master planned communities which respects the land and supports growth for current and future generations.”
 
 
 
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Developer Kataland launches eco-friendly housing site Underbank west of Melbourne

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Developers Neometro are building a new urban village called Jewell Station in Brunswick, Melbourne.
Jewell Station will feature new bike paths, communal gardens, public arts and events programs, a rejuvenated local park, cafés, independent retail and meditation spaces.
The development sits on former VicTrack land surrounding the Upfield Line station.
Neometro has collaborated with community partners, including urban farming group 3000acres, to establish community gardens, Melbourne art consultancy Utopian Slumps to commission a public art piece for the precinct, and speciality coffee trader Phase One Coffee to open a new café onsite.
According to Neometro Director James Tutton, sustainability is central to every aspect of this New Urban Village.
“Sustainable living is about creating infrastructure that supports resilient communities while incorporating environmentally-sustainable design principles into the built form,” he said.
“For us, a home is much more than four walls and a roof. Building spaces that promote creative and connected communities is at the core of our values.
Some 13 one-bedroom and 65 two- bedroom apartments make up the eight-story (plus rooftop residents’ amenities) Barkly building released for sale. Ground floor retail opportunities and apartments within a second building will be offered towards the end of the year.  
Neometro will use law firm Maddocks electronic contract exchange platform ‘eContracts’ for the project.
For more information, <a href="https://neometro.com.au/projects/current/jewell-station" target="_blank">click here</a>.
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Neometro's new urban village at Jewell Station

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Miranda in the Sutherland Shire has fresh DA-approved plans for a 66 residential apartment development.
Located at <a href="https://www.realcommercial.com.au/property-land+development-nsw-miranda-502032710" target="_blank">1-3 University Road, 668A, 668 and 670 Kingsway</a>, the 2872 sqm site will feature the residential building as well as two large town-home-style ground-floor apartments with garden terraces and upper floors with views over Cronulla.
The apartment mix is approved for 27 percent one bedroom apartments, 71 percent two bedroom and 2 percent three bedroom apartments.
The development site is expected to sell for more than $12 million.
Knight Frank agents Dominic Ong, Tim Holtsbaum, Andy Hu and Adam Bodon are managing the sale on behalf of a private family.
Head of Asian Markets Dominic Ong said it is likely to attract locally-based Asian developers. 
“We expect this premium, DA-approved site to appeal not only to a traditionally locally-dominated market, but also to attract the attention of astute developers in the wider Sydney market looking to capitalise on a core development opportunity with strong fundamentals," he said.
“The site is located close to Westfield Miranda, which recently underwent a $475 million redevelopment, and features large-scale retailers including Apple, Uniqlo, David Jones and Myer."
According to Knight Frank’s Director, Residential Site Sales, NSW Tim Holtsbaum,this is a sought-after location which will appeal to local developers and investors as well as local Asian investors. 
“Miranda and the Sutherland-Shire area is a well-established owner-occupier market," Tim said.
"The residential apartments will appeal to a broad range of local investors, including families and those seeking to downsize to large, two-bedroom apartment – a continuing trend.
“This is a rare opportunity to acquire a DA-approved site within such close proximity to infrastructure – there aren’t many opportunities such as this to buy in the area.
"A developer could be in the market selling the units fairly quickly, given the existing approvals." 
“There’s also a marketing suite onsite that can be utilised by an incoming developer to sell the units, which will be useful during the residential sales process."
 
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Sutherland Shire set for new 66 apartment development

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A corner apartment site in St Kilda is on the market for the first time in 80 years with numerous potential options including redevelopment, refurbishment and subdivision.
The 2370 sqm property at <a href="https://www.realestate.com.au/property-residential+land-vic-st+kilda-201542786" target="_blank">6 Tennyson Street</a> is zoned General Residential Zone Schedule 1 and comprises three apartment buildings with 50 units.
According to marketing agents, Teska Carson Director, Larry Takis with Anthony Choi, the property is one of the best opportunities presented to the market in St Kilda in years.
"This is a rare find providing developers with options galore in terms of the potential for redevelopment and refurbishment, while subdivision of the property into individual titles provides even more options," Takis said.
"The location provides access to every amenity in one of Melbourne’s most popular inner suburbs and offers exceptional access from a development point of view being on the corner of Bundalohn Court providing very generous frontages, with additional access via a right of way."
The property could accomodate up to 47 one, two and three bedroom residences and two townhouses over three or four levels, according to a feasibility study presented by architects Hayball.
Takis said the property also presented the potential for subdivision into several townhouse sites.
He said St Kilda had been a favorite destination for Melburnians for decades based on its outstanding location and access to and from all parts of Melbourne.
"St Kilda has long been regarded as one of Melbourne’s most prestigious and hip locations, offering an abundance of lifestyle amenities including beaches, some of Melbourne’s best live entertainment venues and features such as Luna Park."
"This particular Tennyson Street location, benefits from a long list of amenities in close proximity including first rate public transport and major arterial routes, and numerous state and private, primary and secondary schools and colleges including Caulfield Grammar, as well as health and community care facilities, sporting facilities including Elsternwick Park tennis and golf."
He said the property’s key attributes included:
<ul>
<li>A substantial land holding of 2370 square metres; </li>
<li>The central location close to all amenities including Acland and Barkly Streets retail precinct, St Kilda Botanical Gardens and St Kilda foreshore;</li>
<li>The potential to redevelop, refurbish or subdivide (STCA); </li>
<li>The close proximity to public transport and major arterials; and,</li>
<li>The availability of short term income during planning stages. </li>
</ul>
The property will be sold by Expressions of Interest closing Monday, August 8 at 3pm.
 
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St Kilda's best site offered for the first time in 80 years

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Construction work has begun on Dahua Group Australia’s $1 billion New Breeze project in Sydney’s suburb of Edmondson Park in the south west growth corridor.  
New Breeze in Bardia, spans across 89 hectares and will comprise 1280 new homes with a range of housing types to suit all lifestyles and budgets. The development includes parks and playgrounds, a sports oval, bike and cycle paths and 40 hectares of open spaces for recreational activities.
Dahua purchased the land parcel from UrbanGrowth NSW late last year. 
Civil contractor TRN Group was awarded a contract for civil infrastructure and subdivision works for the first 360 lots.  
Eric Li, General Manager for Dahua Group Australia said this is a major milestone for the business and is our first masterplanned project in Sydney.
"We are committed to developing a project that the community will be proud to call home," he said.
"Partnerships have been formed with recognised experts in the local market to deliver our vision to create a thriving liveable community."
A variety of lot sizes from 250 sq m to over 647.7 sq m are for sale with prices starting from $330,000 to $670,000.
House and land packages are priced from $637,000.
 For further information and to register your interest in New Breeze visit <a href="https://www.newbreeze.com.au">www.newbreeze.com.au</a> or call 1300 832 482.
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Construction starts on Sydney’s $1 billion housing estate 

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The first apartment development in Attadale, located at 54 Canning Highway has been listed by Mark Hay.
<div>The apartment block was architecturally designed by Machin Architects and features 30 one-and two-bedroom apartments and four top floor penthouses.</div>
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<div>There is also a private, resident use only, 20,000 square metre garden designed by Jamie Durie and his team at Durie Designs at the rear of the building.</div>
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<div>Around 45% of the property has already sold off the plan.</div>
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<div>The medium price for a unit in Attadale is $470,000 according to CoreLogic RP Data.</div>
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Jamie Durie gardens in Perth project

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SPONSORED POST
Buyers are flocking to Macquarie Park drawn to exceptional transport links and access to leading education infrastructure.
Macquarie Green in adjacent North Ryde has emerged as a residential development choice for parents of school-aged children and university students looking to capitalise on the growing ‘knowledge city’ in Sydney’s booming north west.
The 164-residence community at 5 Whiteside Avenue North Ryde is set securely nearby Sydney’s bourgeoning Macquarie Park and offers private road access from either Whiteside Street or David Avenue.
<img src="/images/2016/06/10/700_toga3.jpg" alt="" width="565" height="343">
Macquarie Green is located less than 1.5 km from Macquarie University and less than 2.5 km from the Macquarie School of Graduate Management and the Australian School of Advanced Medicine.
Macquarie University (below) ranks among the top two per cent of universities in the world and has undergone a more than $1 billion infrastructure and facility transformation in recent years.
<img src="/images/2016/06/10/700_macq.jpg" alt="">
The campus features Australia’s first and only private not-for-profit hospital (on a university campus), the global headquarters of Cochlear, the Australian Hearing Hub, a state-of-the-art library, a combined sport aquatic centre and an on-campus railway station. 
Designed by Marchese Partners, Macquarie Green features boutique-style one, two and three-bedroom apartments housed within two buildings between three and five storeys high as well as a selection of premium townhouses set within two duplex-style buildings.
<img src="/images/2016/06/10/700_toga.jpg" alt="">
Primary schools nearby Macquarie Green include Holy Spirit Catholic Primary School in North Ryde, North Ryde Primary School and Kent Road Public School in Eastwood.
Within the area is also a number of quality high schools including Ryde Secondary College, Epping Boys High School, Marsden High School and Chatswood High School.   
TOGA’s General Manager of Sales and Marketing Alex Adams said Macquarie Green’s proximity to education opportunities was a key drawcard for buyers.
“Macquarie Park, and the greater Ryde area, has positioned itself as a viable alternative to Sydney’s inner-city for its breadth of education facilities and career opportunities,” Mr Adams said.
“Parents of school-aged children can access a number of quality primary and high schools and students can easily walk to world-class Macquarie University from Macquarie Green,” he said. 
Providing convenient access to internship and job opportunities, more than 300 companies are positioned on the Macquarie University campus or in the adjacent high-tech precinct.
“Families and young professionals are jumping at the chance to secure a bright future,” Mr Adams added.
Macquarie Green boasts large common landscaped gardens and many residences feature generous private gardens; appealing to parents of school-aged children.
Above ground-level residents will enjoy louvered balconies designed to maximise both natural light and privacy creating a seamless connection between indoor and outdoor living.
Macquarie Green is a joint venture between Australian property developer TOGA and leading independent investment and advisory house Gresham.
Macquarie Park is located 16 kilometres from the Sydney CBD and a short walk from Macquarie University, Macquarie Shopping Centre and the train station. 
Construction at Macquarie Green commenced in late-2015 with a complete date of mid-2017.
A styled display suite is available to view from Thursday through to Sunday (10am to 2pm) at 78 Waterloo Road, Macquarie Park (entry via Byfield Street).
For all sales enquiries visit <a href="https://www.macquariegreen.com.au" target="_blank">www.macquariegreen.com.au</a> or call 1800 787 731. 
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Macquarie Park’s world-class education lures buyers

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Construction costs in Australia put it the 14th most expensive out of 38 countries surveyed for the latest International Construction Market Survey from Turner &amp; Townsend, with national construction costs expected to rise 2.5 percent on average in 2016 compared to 2.9 percent globally.
Zurich took out first spot with Perth at 18, Melbourne at 20 and Brisbane at 22nd.
Gary Emmett, senior economist for Turner &amp; Townsend comments said since last year’s survey, Australia’s construction costs have only increased a few percent in contrast to other countries where markets are overheated. 
He said to ensure Australian prices stay at reasonable levels, the construction industry must think differently and look for cost savings within the supply chain where the biggest savings and innovation can be found including manufacturing production, design and logistics.
“The industry needs to collaborate with suppliers to look for savings as opposed to traditional adversarial relationships. The use of building information modelling (BIM) will help the industry collaborate to gather data and share plans throughout the lifecycle of an asset to find greater cost saving efficiencies,” he said.
"The costs across Australia’s four major markets show Brisbane increased by 4 per cent in the past 12 months, Sydney hit 3.5 per cent while Perth and Melbourne recorded cost increases of 1 per cent respectively.
“For example, Brisbane and Sydney’s apartment booms have led to the increase in costs in these states. Perth has remained relatively steady due to the mining boom finishing and Melbourne is now experiencing a flat period following a busy apartment boom.
“We are also witnessing increased tender competition which is driving down profit margins.  There is an opportunity now for the industry to look at different delivery and commercial models to improve productivity and margin on projects."
The International Construction Market Survey 2016 analyses input costs uch as labour and materials and charts the average construction cost per sq m for both commercial and residential projects. It can be found <a href="https://turnerandtownsend.cld.bz/icms-16" target="_blank">here</a>.
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Australia's construction costs remain stable

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GUEST OBSERVER
Vestbuild specialise in developing homes with spaces that feel big, versatile and flexible - spaces that can be repurposed for daily/seasonal needs. 
We believe in squeezing use out of every square inch of space. 
While smaller designs are becoming more popular, compact homes have been built in Melbourne since the late 1800s: for example, you will have seen the Victorian terrace housing and cottages in the north Melbourne suburbs and in Fitzroy and Albert Park. 
The small two-three bedroom home was introduced to the inner suburbs of large Australian cities by the UK in the 1850s when huge swathes were built to accommodate the Victorian Gold Rush population boom.
Building was halted by an economic depression in the early 1890s and when it restarted again in the early 1900s, the demand was for larger houses to accommodate a much smaller population.
It makes sense then that, facing another population boom coupled with the key issue of affordable housing, Vestbuild is committed to continuing the tradition of creating housing in Australia based on what the market requires. 
Another factor shaping our housing needs is the unprecedented aging of our population. 
Vestbuild understands this. 
We understand that the Baby Boom Generation that’s driven change throughout their lives now want new housing models that meet their needs. 
We’ve learned is that Generation Y are looking for the same thing: accessory dwelling units in walkable, urban neighbourhoods.
This need is reshaping the traditional concept of suburban single family living who are moving away from the traditional large lot/large houses that have dominated the Australian property market for the past 20 years. 
Vestbuild has answered this with our intuitive designs that are efficient, appealing and financially viable.
Deniz Sivasli is managing director, Vestbuild and can be contacted <a href="https://www.vestbuild.com" target="_blank">here</a>. 
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Vestbuild's modern take on the Victorian Workers Cottage circa 1850's priced from $299,900 in Doreen

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Developer Greenland has named its mixed-use development in Sydney's Macquarie Park, ‘nbh at Lachlan’s Line’.
The one-and-a-half hectare site comprises the first two lots to be developed within UrbanGrowth NSW’s nine hectare Lachlan’s Line precinct.
According to Greenland, ‘nbh at Lachlan’s Line’ is an abbreviation of ‘neighbourhood’ and speaks directly to Greenland’s key target audience for the project, Macquarie Park’s growing millennial market.
nbh will comprise almost 900 apartments across six buildings ranging in height from two to 17 storeys, and 6,200 sqm of ground floor retail.
Greenland Australia managing director Sherwood Luo said the contemporary abbreviated name was chosen for its youthful energy.
“Our project is set to appeal to young, savvy first home buyers and investors of the millennial generation due to its sophisticated urban lifestyle offering, extensive shopping and amenity, excellent transport links and its proximity to some of the country’s largest universities and employers,” Luo said.
Designed by acclaimed local architects Bates Smart, nbh will have rooftop courtyard gardens connecting apartments. 
“Greenland, in conjunction with our architects Bates Smart, has looked at some of the best examples around the world of vibrant, mixed-use urban villages,” Luo said.
Greenland expects to launch the first stage of nbh at Lachlan’s Line in June 2016.
nbh will have a supermarket, health club and medical centre as well as a cafes and restaurants.
The development is well connected by train with Sydney CBD, North Sydney and Parramatta.
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