<a href="https://www.apartments.com.au/developers/sunland-group">Sunland Group</a> has officially lodged plans for its first Gold Coast apartment project since the departure of the Abedian family from the company three years ago, unveiling a new high-rise proposal for a prominent Broadbeach corner site on Old Burleigh Road.

The application was submitted by an entity directed by Tom Jamieson, stepson of longtime Sunland leader Soheil Abedian, and Riaz Rezvanipour, brother-in-law of Sahba Abedian, Soheil’s son.

Sunland acquired the 1,283 sqm site on the corner of Old Burleigh Road and Armrick Avenue for $9.5 million late last year and is now seeking approval for a <a href="https://www.apartments.com.au/new-apartments/99-101-old-burleigh-road-broadbeach-qld-4218">42-storey tower with 81 apartments</a>.

<img alt="First look: Sunland Group returns to Broadbeach with new Old Burleigh Road tower plans" data-entity-type="file" data-entity-uuid="fea2946d-90ee-4cfc-babe-2a8ad5db2cb6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/pers.png?VersionId=BV0fihJw31nDIQ8ozY_h3GbS8mxDyhnm" />

Designed by <a href="https://www.apartments.com.au/architects/contreras-earl-architecture">Contreras Earl Architecture</a>, the proposed tower at 99-101 Old Burleigh Road would deliver a predominantly larger-format apartment mix aimed at the owner-occupier market. Plans include 17 two-bedroom apartments, 55 three-bedroom apartments, and nine four-bedroom residences across 35 residential levels.

The development also incorporates three basement levels, four podium parking levels, two levels of communal recreation facilities, and rooftop plant and equipment. A total of 189 car spaces are proposed, significantly exceeding the 90 spaces required under the planning scheme.

The architecture adopts a sculpted, curvilinear form, with deep wraparound balconies and integrated landscaping intended to soften the tower’s vertical expression. The planning report states the building’s “slender footprint/form provides a complimentary yet varied built form within the local streetscape” and contributes to “a varied, yet ordered skyline.”

Contreras Earl noted in its Architectural Statement that from the early stages, the project addressed a fundamental challenge: how to accommodate the required residential yield while avoiding the conventional model of a tower sitting on a rigid, fully resolved parking podium.

“The most direct response would have been to consolidate parking into a singular, flat podium and extrude a repetitive tower above,” the statement said. “While efficient, this approach would result in a consolidated built form with limited engagement with the surrounding landscape and public realm.”

Instead, the conventional podium model was “deliberately rejected”. The architects described the base of the building as “a landscaped architectural condition where structure, planting and circulation are integrated”.

“Rather than presenting a continuous built mass, the base of the building is articulated through a series of concrete planter elements that organise the podium into a fragmented system,” the statement said. “This approach reduces the perceived bulk of the lower levels while establishing a more permeable interface with the streetscape and adjacent open space.”

<img alt="Sunland" data-entity-type="file" data-entity-uuid="923fad8d-c960-4527-8fbe-975cf1ddf88d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-25%20at%2010.32.03%E2%80%AFAM.png?VersionId=pngwb0hYOIUpq9vDw6F2EsOiVuHF3DiX" />

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The site sits within the High Density Residential Zone and inside the City of Gold Coast’s unrestricted “HX” building height area, where the planning framework anticipates intensified residential development tied to the expanding light rail corridor. The planning report notes the area is undergoing “transition toward more intense development forms” given its proximity to Broadbeach, Surfers Paradise, and high-frequency public transport infrastructure.

Positioned directly opposite Broadbeach Park and within walking distance of Florida Gardens light rail station, the development would sit among a rapidly evolving stretch of Old Burleigh Road that has become one of the Gold Coast’s most active apartment development corridors.

The application joins a growing pipeline of luxury residential projects reshaping Broadbeach, including nearby developments by 5Point Projects, Polycell, and Graya.

The planning report argues the project contributes toward the Gold Coast’s long-term housing targets under the South East Queensland Regional Plan, which forecasts the need for more than 100,000 additional high-rise dwellings across the city by 2046.

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The Abedian family departed Sunland Group in late 2023, ending a four-decade association with the company, and subsequently established the private development firm Abedian &amp; Co. The group is currently delivering <a href="https://www.apartments.com.au/new-apartments/greenmount-residences-cnr-hill-street-and-marine-parade-coolangatta-qld-4225">Greenmount Residences</a> at Rainbow Bay and recently launched <a href="https://www.apartments.com.au/new-apartments/18-mary-avenue-14-18-mary-avenue-broadbeach-qld-4218">18 Mary Avenue</a> in Broadbeach.
</section>

Joel Robinson

First look: Sunland Group returns to Broadbeach new apartment market with new Old Burleigh Road tower plans

The Minns Labor Government has established the new Bays West Delivery Authority to lead the development&nbsp;of the Bays West Precinct and Blackwattle Bay Precinct.&nbsp;

The Authority is charged with creating Sydney’s newest precinct, a thriving, connected, sustainable hub with White Bay Power Station as its cultural heart. Its vision is to build on the area’s natural, cultural and industrial history to shape a vibrant new neighbourhood.

The precinct will deliver up to 8,500 well-located homes, including a minimum of 10 per cent affordable and essential worker homes. Combine new housing with public open space, opening public access to the waterfront for the first time in more than 100 years, while retaining important deep-water facilities to support Sydney’s working harbour.

Located just minutes from the Sydney CBD and connected to a world-class metro, ferry, walking and cycling links, the Bays West precinct will rebalance housing growth towards well-serviced inner-city locations and help tackle the state’s housing crisis.

The Bays West Delivery Authority,&nbsp;an agency of the Department of Planning, Housing and Infrastructure, will report to the NSW Minister for Lands and Property who already has oversight of major precinct renewal projects including at Blackwattle Bay and Barangaroo.

As part of the broader Bays West transformation, the Minns Government recently announced that a proposal from Lendlease to redevelop part of the Bays West Precinct has progressed to Stage 2 of the NSW Government’s unsolicited proposals process.

<img alt="Sydney" data-entity-type="file" data-entity-uuid="2ed71eb9-d8e8-4fa7-b9d1-de4531dcf2f3" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-25%20at%209.42.31%E2%80%AFAM.png?VersionId=IDryFIbped9SNDg72LEN_EecvhUsOPvp" />

The Minns Labor Government has also confirmed the Bays West precinct will have a new suburb name. This will be the first major suburb built in close proximity to Sydney’s CBD in decades and will encompass the area currently being referred to as Bays West, including Glebe Island and the White Bay Power Station. Served by a new Metro station just five minutes from the CBD, it will become one of the most populous suburbs in the Inner West and one of Sydney’s premier cultural destinations.

An early works program is taking shape, which&nbsp;includes the first stages of an international design competition.&nbsp;

The aim of the Bays West&nbsp;International&nbsp;Design Competition is to&nbsp;ensure design excellence is embedded in the project from the start. The competition will deliver an&nbsp;urban framework that defines the character, ambition and long-term identity of&nbsp;this&nbsp;former industrial precinct as it transitions to a vibrant, inclusive and sustainable residential&nbsp;neighbourhood.

The competition will be led by the Bays West Delivery Authority in partnership with Government Architect NSW.&nbsp;

It will launch with an invitation for a global Expressions of Interest, before moving to an invitation-only stage that will be assessed by a panel that&nbsp;will provide advice to Cabinet who will select a winner.

Premier of NSW, Chris Minns said the establishment of the new Authority is the first step in transforming the Bays West precinct into a vibrant, livable suburb minutes from the Sydney CBD and two stops from Hunter St Station on the Metro West line.

“The Authority will deliver well-located homes close to the heart of the city and integrate the new precinct with Blackwattle Bay and the new Sydney Fish Market.

“This is a generational opportunity to build a new suburb on the city’s edge and open the harbour foreshore to the public for the first time in a century.”&nbsp;

Minister for Lands and Property Steve Kamper said the new Bays West Delivery Authority established by the Minns Government will turbocharge the development of Sydney’s newest suburb.

“The Authority is working at a record pace to deliver an international design competition, planning pathways and a financial model so that this development benefits Sydney with well-designed homes in a central location, close to public transport, jobs, entertainment and essential services.

“If we want Sydney to stay liveable and affordable, we need to be bold about using underutilised government-owned land to deliver homes for the future while making sure essential working harbour functions can be accommodated.”

Bays West Delivery Authority established to "turbocharge" Sydney’s newest suburb

Around 400 additional homes could be built at Southwark Grounds on Port Road, lifting total site capacity from 1300 to around 1700 dwellings.

A recently approved code amendment would allow apartment towers of up to 14 storeys in some areas of Renewal SA’s redevelopment of the former West End Brewery.

Renewal SA Acting Chief Executive Shane Wingard said he welcomed the code amendment, with the increase in heights and homes making a positive impact on the supply of high-quality, well-connected housing close to the city.

“By going higher across some parts of Southwark Grounds, we are adding a substantial number of very well-located homes with little impact on project delivery time or planned open space,” Mr Wingard said.

Since the project officially launched in 2025, Mr Wingard said more than 12,000 enquiries had been received about living at Southwark Grounds.

“The very strong early interest we’ve seen since homes were first released in the precinct reinforces our plans to create more housing opportunities,” he said.

The Southwark Grounds code amendment was launched in December last year, with community engagement undertaken over five weeks from January.

It proposed increasing maximum building heights from eight to 14 storeys on the eastern section of Southwark Grounds, and to 12 storeys across the remainder of the site, with minimum building heights ranging from two to four storeys.

The code amendment was implemented through an Early Commencement policy in late January, allowing developers to quickly explore the viability of increased height and housing yield while other planning processes continue.

One of the first developers delivering apartment sites have already finalised redesigns to increase the number of apartments following the code amendment.

Samaras’ development adjacent to the future Colonel Light Park is now planning to deliver 125 apartments across 11 storeys, significantly greater than original plans of around 50 apartments across four storeys.

The developer is also exploring the potential for additional affordable housing outcomes.

Most of the apartments at Southwark Grounds will be delivered within a master-planned precinct on a large parcel of land on the eastern portion of the site, covering around two-thirds of its 8.4 hectares.

Wingard said detailed precinct planning over the coming months may identify further opportunities to increase yield further that could see total apartment numbers at Southwark Grounds, exceed this number.

Affordable homes at Southwark Grounds will also see a net increase, with Renewal SA maintaining its commitment to a minimum of 20 per cent affordable housing across the development.

&nbsp;

&nbsp;

Civil works have begun across the site, with construction under way on the first new roads surrounding a townhouse precinct in the south‑west corner of Southwark Grounds. This includes Renewal SA’s 17 Founder’s Row homes, which are on track for completion by Christmas.

“We expect to have people living at Southwark Grounds by the end of the year, so delivering roads and public spaces for those residents is among our highest priorities.”

Construction of 40 townhouses off Anderson Street, known as West Village and being delivered by Contour, is forecast to begin in mid‑2026. Kolabb’s Anderson Lane development will follow shortly after, delivering a further 26 townhouses.

Southwark Grounds is a state government‑led urban renewal project now set to deliver around 1,700 homes over the next decade.

Homes will be supported by a supermarket, a range of retail and hospitality offerings anchored by a revitalised Walkerville Brew Tower, a childcare centre, car parking and well‑connected public spaces.

400 new homes planned for Adelaide's former West End Brewery site

Brisbane developer&nbsp;<a href="https://www.apartments.com.au/developers/cavcorp">Cavcorp</a> has lodged plans for a new mixed-use residential development at <a href="https://www.apartments.com.au/new-apartments/55-wyandra-street-teneriffe-qld-4005">55 Wyandra Street</a>, Teneriffe, anchored by an 85-metre public laneway designed to reconnect the suburb’s riverfront with the Gasworks precinct.

The buildings, known as Teneriffe House and Teneriffe Lane, would replace the existing Queensland Cotton head office site with a 15-storey residential tower transitioning to eight storeys toward Helen Street. The project has been designed by Plazibat Architects and lodged as a code assessable development application for 93 apartments across a 3,401 sqm mixed-use site within the Newstead and Teneriffe Waterfront neighbourhood plan.

Central to the scheme is the transformation of an existing service easement into a publicly accessible cross-block connection linking Wyandra and Helen Streets. Cavcorp says the new laneway will act as both a pedestrian shortcut and a landscaped civic space between the Teneriffe Riverwalk, ferry terminal, and Gasworks precinct.

<img alt="First Look: Cavcorp unveils Teneriffe House and Teneriffe Lane plans for landmark wellness tower in Teneriffe" data-entity-type="file" data-entity-uuid="26e7f058-b065-4de8-b13d-a2b8cb64dfcc" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/bldg.png?VersionId=sELS0ZKYi361oYipUa1BIKfe_.DLZoFV" />

“The revised proposal delivers a legacy public-realm cross-block link, permanently secured for community use, transforming an existing private easement into a safe, high-quality pedestrian connection between the Teneriffe heritage riverwalk and the Gasworks–Long Island precinct,” the planning report states.

The laneway will sit beneath a large subtropical loggia integrated into the podium levels of the development. The design incorporates deep landscaping, water gardens, lobby spaces, business lounges, and ground-floor apartments to create what Cavcorp describes as a climate-responsive “urban verandah.”

The tower itself has been designed as a slender form with recessed floorplates and curved translucent corners inspired by contemporary Japanese architecture. The building height aligns with the Commercial Road precinct controls, which permit towers up to 15 storeys within proximity to Longland Street.

<img alt="First Look: Cavcorp unveils Teneriffe House and Teneriffe Lane plans for landmark wellness tower in Teneriffe" data-entity-type="file" data-entity-uuid="a8a17d40-43b6-4718-b3fd-67676fcbb485" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/pers%202_1.png?VersionId=i3VwDtp5AmL_8InW7w4qRbDFEpb744Jt" />

The project will comprise a mix of larger-format apartments aimed at owner-occupiers, downsizers, and families. The proposed apartment mix includes 11 loggia apartments across the lower levels, 50 four-bedroom Sky-Terrace apartments from levels three to seven, and 32 Sky-Pool Homes occupying the upper tower levels. The Sky-Pool Homes will feature private thermal plunge pools integrated into oversized balconies.

According to the application, the apartments are intended to reinterpret the scale and character of Teneriffe’s woolstore conversions and Queensland homes within a vertical residential format.

“The sky-pool homes build on Cavcorp’s previous projects and introduce a distinct apartment typology to Teneriffe, informed by both local and international precedent and responding to an identified market demand for enhanced safety, space and amenity,” the planning submission notes.

A major focus of the proposal is its five-level wellness and lifestyle offering, extending from the basement through to the rooftop.

Amenities proposed include a rooftop Swim &amp; Racquet Club with a 25-metre Olympic lap pool and tennis court, coworking spaces and libraries, golf simulators, wine storage, concierge facilities, business lounges, pet wash areas, and rooftop longevity-focused wellness spaces with spas, outdoor fitness zones, and landscaped terraces.

<img alt="First Look: Cavcorp unveils Teneriffe House and Teneriffe Lane plans for landmark wellness tower in Teneriffe" data-entity-type="file" data-entity-uuid="944b352c-49b9-4247-a4c6-5967b4b69fda" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/amenity.png?VersionId=Ed_qKjAtMwFT.5gfl3jiA9QwdWxSMsaX" />

All parking will be concealed within basement levels accessed from Wyandra and Helen Streets. Cavcorp says the deep-basement engineering approach allows the entire ground plane to prioritise landscaping, pedestrian movement, and active frontage rather than vehicle infrastructure.

The development continues Cavcorp’s concentration in Newstead and Teneriffe, where the Brisbane developer has delivered a number of apartment projects including Lucent, Le Bain, and Luminare, as well as the Long Island Wellness Precinct nearby. Several of those projects have received national design and architecture awards, including recognition under Brisbane’s “Buildings that Breathe” program.

Cavcorp unveils wellness-focused Teneriffe House and Teneriffe Lane apartment buildings

Focus Group Investments has lodged plans for a new apartment development at <a href="https://www.apartments.com.au/new-apartments/64-70-hanover-street-fitzroy-vic-3065">64–70 Hanover Street</a> in Fitzroy, seeking to utilise the Victorian Government’s recently introduced Great Design Fast Track pathway to accelerate approvals for the project.

The proposal is among the latest developments to emerge through the state-led initiative, which was established to fast-track well-designed residential projects in activity centres and transport-connected inner-city locations. The pathway allows qualifying developments that meet elevated design and housing benchmarks to bypass traditional council planning timeframes and instead be assessed directly by the Department of Transport and Planning.

Designed by SJB, the development will comprise a mix of apartments above activated lower levels, with a strong focus on architectural articulation, landscaping, and communal amenity. The design response seeks to balance the industrial character of Richmond’s former warehouse precincts with a more contemporary residential form.

<img alt="First look: Focus Group Investments taps Victoria’s Great Design Fast Track for Richmond apartments" data-entity-type="file" data-entity-uuid="abea51cc-d85b-479e-9aef-a589f3b37ca7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/ground.png?VersionId=e1Kf8EyPWwyiVumtqQ4rM5S4GpOR3CCz" />

Proposed are 63 new dwellings, a wide ranging mix of studio, one-, two-, and three-bedroom apartments, and townhouses and duplexes. They will be spread across a part-three, part-eight storey building.

The Planning and Urban Context Report by Tract says the development is of an "exemplary architectural standard" and has been carefully crafted by SJB Architects.

"Dwellings&nbsp;will benefit from excellent access to natural light, cross-ventilation opportunities and extensive communal space," the report noted.

The architectural material highlights the project’s integration of landscaped elements and communal spaces throughout the building. The proposal also incorporates sustainability initiatives aligned with the Victorian Government’s push for higher-performing apartment developments under the fast-track program.

The Great Design Fast Track was unveiled by the Victorian Government in 2024 as part of a broader housing supply strategy aimed at accelerating the delivery of new homes. Projects assessed through the pathway must demonstrate high-quality architecture, sustainability outcomes, and housing diversity while being located close to public transport and existing infrastructure.

<img alt="First look: Focus Group Investments taps Victoria’s Great Design Fast Track for Richmond apartments" data-entity-type="file" data-entity-uuid="afdbe834-8dc4-4a77-a943-ba07bc927348" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/site_11.png?VersionId=0J657j.TaChAZfp93wqJYBTqSsnREJx2" />

Focus Group, founder and led by Paul De Lutiis, is increasingly active across Melbourne’s inner suburbs, targeting well-connected urban renewal locations suited to medium and higher-density residential development. The Fitzroy proposal continues that strategy, leveraging the area’s strong transport links, established retail amenity, and proximity to the CBD.

Fitzroy has been one of the most popular spots for developers and buyers in recent years. The likes of PACE Development Group, SMA Projects, Crema Group and Chapter Group, currently selling projects in the suburb.

First look: Focus Group Investments taps Victoria’s Great Design Fast Track for Fitzroy apartments

New Developments

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Developers Aoyuan and Ecove have responded to the demand for larger apartment, creating two luxurious two-storey 'sky homes' in their landmark ONE30 Hyde Park project.
An amalgamation of four already substantial three bedroom apartments, each 'sky home' is 286 sqm in size with an internal staircase, media room, wine cellar and two balconies.
Both have quality Gaggenau appliances, timber flooring, high ceilings, natural stone bathrooms, marble kitchen benchtops and secure parking.
The super-sized apartments on floors 28 and 29 and 33 and 34 come with <a href="https://one30hydepark.com.au/apartments/" target="_blank">price tags of $8.8 million and $8.9 million.</a>
Last year a 277 sqm penthouse at One30 Hyde Park sold for $9.72 million.
Designed by Bates Smart architects, the building offers one bedrooms from $1.15 million, two bedrooms from $2.19 million and three bedroom apartments from $3.89 million.
Construction company Built have already started demolishing the existing office building at 130 Elizabeth Street to make way for the 38-level residential tower.
The building is due to be completed late 2018 to earn 2019.
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ONE30 Hyde Park super sizes sky homes

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<div class="cq-article-content-paras section">
Jean Nouvel, the French architect behind Sydney's award winnng One Central Park at Chippendale development, is set to undertake a Melbourne tower.
Its a $700 million, 70-level mixed use tower in the CBD's northern edge for the developer Sterling Global.
Plans are now lodged for the tower with 488 apartments and a 196-room luxury hotel on the 338 La Trobe Street site purchased from Investa Office Fund last year for $70 million. 
The planned building replaces the Australian Federal Police office. 
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<div class="cq-article-content-paras section">
Each of the four sides of the building will have a different coloured facade.
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jonathanchancellor-7SQnKwU6yx

Architect Jean Nouvel set to undertake mixed use Melbourne tower

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A fully refurbished Frankston aged-care facility has recently sold for $5.05 million, as buyers actively target this sector to meet the needs of Australia’s ageing population.
The 45-bed facility at 382-384 Nepean Highway was offered to the market with vacant possession through an expressions of interest campaign. It has a landholding of 3,759 sqm.
CBRE’s Josh Twelftree, Scott Orchard and Josh Rutman negotiated the sale.
Twelftree said the property was snapped up by an owner occupier. 
“The opportunity to acquire an aged care asset was a key selling factor, with investors gaining confidence in the sector due to the projected future growth of Australia's elderly population – with individuals over 65 years predicted to increase from 2.5 million in 2002 to 4.2 million in 2021,” said Twelftree.
Australia currently has about 2,800 residential aged care facilities providing care to more than 160,000 elderly people. Over the next 10 years, the number of residents is projected to reach more than 250,000.
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Aged-care facility in Melbourne's Frankston fetches $5.05 million

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Sydney's south west developer Dahua Group Australia capped off a busy month at its $1 billion New Breeze housing estate at Bardia.
All 85 land lots released in April for the projects first stage sold, for a total of $36 million.
It sales ranged from $330,000 for a 250-square metre lot up to $588,000 for 589 square metres.
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jchancellor-FAypfDUnLy

Bardia land lots selling well for Dahua Group

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CBRE’s Asia Pacific Sustainability team will provide NABERS energy assessments in Hong Kong.
The assessments on some 143,000sqm of selected assets in Link REIT’s retail portfolio in Hong Kong are being done to benchmark building performance, energy saving and efficiency.
Link REIT is the first real estate investment trust in Hong Kong and the largest in Asia in terms of market capitalisation.
Link’s general manager of sustainability Calvin Lee Kwan said the NABERS pilot will allow us to assess the energy performance of our assets using a tried and tested methodology and to benchmark asset performance internally as well as externally.
“Since 2010, Link has implemented a comprehensive and ambitious energy management strategy which has so far achieved over 26 percent reduction in total energy consumption across the portfolio," he said.
CBRE will initially rate nine shopping centres over several locations, looking at specific features such as floor layout, opening hours, energy consumption, car park provisions and vacancy rates.
 The assets undergoing NABERS assessments include; Lok Fu Plaza; Chung Fu Plaza; Leung King Plaza; Hau Tak (II) Shopping Centre; Wong Tai Sin Plaza (Temple Mall South); Lung Cheung Plaza (Temple Mall North); On Ting Commercial Complex (also known as H.A.N.D.S); Yau Oi Commercial Complex (also known as H.A.N.D.S); and Stanley Plaza. 
The pilot project will see the assets assessed using the Australian Queensland postcode and associated climatic algorithms – the most similar existing climatic algorithm to Hong Kong in the NABERS scheme.
The Living Future Institute of Australia (LFIA) has launched the Brickworks Living Building Challenge design competition, pressing the go button for designers, built environment professionals and students around the world to conceptualise what the world's most sustainable retail centre ought look like. For more information, <a href="http://propertyobserver.com.au/forward-planning/tools/ebooks-and-webinars/52152-australia-aspires-to-global-green-leadership-the-living-building-challenge" target="_blank">download our eBook here</a>.
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International first for NABERS in Hong Kong

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Australia's second largest dry dock along with 14 hectares of prime Brisbane river front land at Morningside will be sold off by shipbuilder Forgacs.
It will become new apartment and commercial office developments.
It has been owned by Forgacs Engineering since 2000.
Industry sources told the Australian Financial Review the Cairnscross Quays property, at <a href="https://www.realcommercial.com.au/property-industrial+warehouse-qld-morningside-501849666" target="_blank">405 Thynne Road</a>, could yield a total project realisation in the order of $1 billion, which would put a land value of about $100 million.  
The property comprises the Cairnscross dry dock left from World War II, situated 4.5 kilometres from the Brisbane CBD.
There is 700 metres of Brisbane River frontage. 
JLL's national director Seb Turnbull said the property was a "generational opportunity."
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Cairnscross dry dock for sale in Brisbane

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Melbourne high-rise developer Joe Russo has secured two development sites in Houston, Texas, with plans for about 1000 apartments.
He paid about US$8 million ($10.5 million) for a small block in Houston's "latte and laptop" mid-town district with plans for more than 350 apartments over 28 levels.
Russo told the Australian Financial Review it had an end value of about $228 million.
He has also bought a second site across the road that will hold more than 600 apartments, with plans including shops and a piazza.
"I looked at five cities in the US and fell in love with Houston," he said.
"It's a growing city with 6.5 million people, the biggest medical precinct in the US. In the midtown area where I have acquired my sites, there's a lot of gentrification going on with bars and restaurants opening up and a new light rail in operation."
He said finding new sites for development in Melbourne that stacked up was a lot harder. 
"I have not seen an opportunity in Melbourne worth pursuing in the past 12 months," he told the newspaper.
He said Melbourne sites with permits had too-high price tags, while those without permits now came with too much planning risk, after new interim height controls last year by Victorian Planning Minister Richard Wynne.
"You are still getting owners of unpermitted sites trying to sell them for the same prices as those which have permits," he said.
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Caydon's Joe Russo lands Houston apartment projects

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Chinese developer Yuhu Group is considering an early release of second stage sales after its first project in Sydney - The Miller at North Sydney - saw all four top-floor penthouses being snapped up last weekend in stage one. 
All stage one contracts have so far exchanged hands, with sold prices for the four top-floor penthouses starting at $3 million and all going to local buyers. A 72 sqm two-bedroom north-east facing apartment sold for $1.5million, also to a local buyer, said a media release.
The $200-million residential project at 221 Miller Street was launched by Yuhu Group on March 19. The tower will have 21-storeys comprising 183 apartments and 100 serviced apartments.  
Ray White Projects is marketing the release of apartments.
Ray White Projects director Eddie Mansour said this was a strong sign for the Sydney market.
“Although there is a lot of speculation that the market is slowing, the quick sell out of our first release shows that there is still significant strength in the Sydney market, and high demand for quality apartments within the city,” he said.
“Interest in The Miller has been from a combination of both offshore and local buyers, with the first release of marketing material generating notable interest.”
The second release of apartments is scheduled for May, but the group may consider an earlier release after the response it got over the weekend.
Construction will commence mid-2016 with an expected completion date in 2018.
For more information, <a href="https://yuhugroup.com.au/221MILLER" target="_blank">click here</a>.
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Yuhu's The Miller residential tower in North Sydney secures stage one sell out 

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A new masterplanned community in Botany, <a href="https://www.frasersproperty.com.au/SMP/NSW/Tailors-Walk/Botany" target="_blank">Tailor’s Walk</a>, which was launched in December, has drawn good response showing robust demand for terrace homes.
Developed by Frasers Property Australia, 48 of the 173 properties offered in the first release were snapped up quickly, with seven of the initial 18 terrace homes offered sold at prices ranging from $1,600,000 to $1,660,000.
Prices at Tailor’s Walk start at $600,000 for the one-bedroom apartments, $790,000 for the two-bedroom apartments, $1,065,000 for the three-bedroom apartments, and $1,600,000 for the four-bedroom terrace homes.
The terraces within this release all span three levels, in four-bedroom configurations, and all have open-plan layouts.
“Each terrace home has been designed to maximise space and capture natural light via the two storey light well. This was definitely a strong selling point among the many interested buyers,” said Dino Carulli, sales and marketing director, Frasers Property Australia.
Designed by GroupGSA, the terrace homes include storage and basement parking, two bathrooms plus powder room, a second living area with double height ceilings, range in size from 232 – 237sqm and have direct access to private landscaped gardens.
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Botany development Tailor's Walk draws good response

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Melbourne will soon see work begin on another off-the-plan apartment building, with a slight twist as the city's legal history blends with inner-city living.
Located at <a href="https://www.qcresidences.com.au" target="_blank">472 Bourke Street</a>, QC Residences is a heritage-listed building and the site of the first purpose-built chambers for the Queen’s Council Barristers of Melbourne.
Developed by ZYTT, QC Residences will offer three distinct living experiences -- some featuring balconies, others offering New York style, three-metre high ceilings and still others retaining an individual element of the building’s history with original heritage windows and entrance doors. All feature floorboards throughout the living spaces.
The former Barrister’s Chambers will be transformed into the New York-style apartments with over three-metre high ceilings and original heritage windows.
In configurations of one, two, or three bedrooms and one or two bathrooms, these apartments range in size from 43 to 111 square metres. Priced start at $395,000 for the one-bedroom apartments.
Construction on QC Residences is set for the third quarter of 2016 with completion due in 18 months.
“Melbourne has always been likened to the streets of Paris, San Francisco, London and New York, where everything is within walking distance and with the arrival of the QC Residences, Melbourne will be a mecca for chic inner city living,” said Joseph Catanese, director of Savills Residential Projects, which is marketing the project.
QC Residences is located amongst some of Melbourne’s most historic buildings, close to trams, near cafés, restaurants, retail including Queen Vic Market and sporting venues. 
Also close by are Melbourne University and the Royal Melbourne Institute of Technology.
An on-site display suite is open between 10am and 1pm, Saturdays and Sundays and at other times by private appointment.
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