<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

<html><body>
We tend to pay a lot of attention to the penthouse level of projects.  They attract our interest because they can be dreamlike and expensive, but we tend to pay far less attention to the ground floor, the street levels of projects.
They can be problematic spaces, and there’s nothing more 'depression' than a ground floor shop or office space with a faded for lease or for sale signs languishing in the window.
However this space is often the public face of a building, it’s the street cred, and the visual appeal of a building can be both adversely and positively impact by what happens at this level.
Ground floor space that is not used as residential accommodation needs to be carefully considered, and there are various options and I suggest opportunities to use this space. There are however particular hurdles that have to be taken into account when the ground space fronts a major retail street or commercial zone. Or it’s an even more important when new ground floor space is intended to create a new retail or commercial zone, often this is a key planning requirement of the local council. Even if there are times when this space has limited commercial value.
Some Quick Options
Most buildings will have the main entry foyer at ground level, the area can also house a building manager, mailroom or other community spaces. But these spaces rarely occupy the entire ground floor, so the space is shared with retail and commercial space.
Other options include the creation of a breezeway under the building, connected to either an internal private open space, or to public space. The use of this type of open access way does help to create a more immediate connection to the local neighbourhood, in particular in very dense areas. I have also seen a number of large buildings where a big part of the ground floor is given over to a gym and indoor pool.
However as the density of developments increases there is a greater tendency for this area to be assigned for retail and local services. Many councils retain this idea as a key planning goal. The main task is to make sure this space adds to the appeal of the building and that retail opportunities are in tune with the needs of the local community and residents so that the space both engaging and financially viable for any tenant or owner operator.
Parking Remains A Hurdle
High-density residential development is now very common in Australian cities and because of the very limited supply of greenfield locations, developments are now commonly located in old industrial areas, or in areas around public transport hubs such as railway stations.
Retail facilities in these areas might be limited or located along old strip-shopping streets, while major shopping centres may be some distance away. Island site remote from the new generation of high-density housing, and it is partly for this reason that councils look to have retail space at ground floor level. There is also an ideal that this space be designed more for the pedestrians than for easy car access, but this creates a problem, because without easy parking it is hard to attract enough customers to support the retail space.
The simple idea that high-density residential development alone will support retail services rarely happens because big numbers of apartments are required, and even in high density locations like Sydney’s Victoria Park, retail has to be supported by ample and easy to access parking. It’s not a readily available or commercially viable proposition.
Part of the solution is to aim to silo retail developments in specialist hybrids so that they can attract customers willing to travel, or with a tenancy mix that has rusted on appeal to the nearby apartment dwellers. However again this is not an easy task, and every retail level can not be a trendy coffee shop, although that’s an impression you often get walking around some new project areas.
A nearby by major regional shopping centre is always a plus for a new residential project, but this monopoly of retail and to some extent services dies make it hard for one of retail locations or even small clusters to trade profitably. For this to happen you need density like you find in mega cities like New York, plus very easy access to mass transit.
Still many development controls in our capital cities mandate the provision of retail space down at the street, this does not always reflect the reality of todays shopping habits. In planning projects there needs to be a strong reality check of how this space will be occupied, clever thinking can make the space more useful and appealing and so eliminate the need to tired to-let or for-sale signs.
Another hurdle is the fact that most of the shops along streets will be sold or leased separate strata units. This makes it almost impossible to have a co-ordinated retail mix strategy and the shops may take many years to mature and then add to the appeal of the neighbourhood.
Each building and project needs to be considered so that token retail space is not seen as the only alternate, there may well be other options including clever landscaping solutions.
Nevertheless, high land costs will always put pressure on the use of this space but detailed planning can lead to better outcomes, because an active ground level, will add value and brand appeal to any apartment project.
</body></html>

pchittenden-eLqUUC8TWW

Down at street level: Active ground levels can add value and appeal to a development

<html><body>
Crown Group’s 10 storey Viking by Crown development in Waterloo will see six premium commercial suites delivered next month.
The six suites will be designed by architect Kocihi Takada and will range in size from 63 to 95 square metres. They will include porcelain floor tiles, fully-equipped kitchenettes and life access to the first floor suites.
Underground parking is available with access from level one.
They will be part of a collection of commercial and retail suites across Crown’s sites, including a number of ground level retail shops in Parramatta’s V by Crown, and a number of retail suites in North Sydney’s Skye by Crown.
Koichi Takada was also involved in Sydney by Crown, at 161 Clarence Street, which include nine ground floor retail spaces set to be available in 2017.
Crown Group’s project sales and commercial manager, Anthony Falas, explained that Viking by Crown commercial suites would be sought after due to the tightly held local market.
“We are confident the premises will attract quality tenants seeking a modern space in Sydney’s revitalised Waterloo and Green Square areas,” Falas said.
“An influx of new residents at Viking by Crown and the Waterloo area will provide a good client base for tenants,” he said.
The office space is currently available for sale.
Sold out, Viking by Crown features 110 residential apartments and is part of the revitalisation of Green Square.
</body></html>

jduke-EHk3XBmHkn

Six Koichi Takada-designed commercial suites announced for Viking by Crown

<html><body><div>
<div>Business woman Katie Page’s Gold Coast beachfront development at Main Beach, M3565 has begun its preliminary marketing.</div>
<div> </div>
<div>
Like everything she turns her mind to, M3565 will be a cut above anything else seen on the Gold Coast.
</div>
<div> </div>
<div>
Part of that stems from the fact that Katie Page and her husband, Gerry Harvey, are long time Main Beach devotees. Indeed, they were spotted last night dining on Tedder Avenue ahead of the frantic activity of the Magic Millions.
</div>
<div> </div>
<div>
Ken Jacobs at Christie's International has the task of finding seven buyers for the boutique Virginia Kerridge-designed building at 3565 Main Beach Parade.
</div>
<div> </div>
<div>
Just seven whole floor apartments will be available in M3565. The typical floor plate will be 400 plus square metres.
</div>
<div>
<div> </div>
<div>Excluding the two level penthouse, the apartments will be priced between $5 million and $7 milllion.</div>
<div> </div>
<div>Katie Page has commissioned Goldeneye Media to produce <a href="https://www.propertyobserver.com.au/https://vimeo.com/113463242" target="_blank">the initial video teaser</a> for the strong international campaign which will get underway in the next couple of months.</div>
<div> </div>
<div>Tracey Atkins has been joined in the Goldeneye Media business by Janette Kendall who has spent the last three years in Macau running marketing for the fastest growing Chinese gaming entertainmdent group, Galaxy.</div>
<div> </div>
<div>Title Tattle reckons that will help getting the Australian property offerings past China’s famously tricky firewalls and in front of the much desired ultra high net worth individuals.</div>
</div>
</div></body></html>

jchancellor-FAypfDUnLy

Katie Page's Main Beach M3565 beachfront residential marketing eyes UHNWs

<html><body>
Analysis of the sales last year in Desane Group's Easton, Rozelle project indicated that 31% of the apartments were sold to investors.
The remaining 69% of the apartments sold to owner occupiers.
While 31% is a strong investor presence historically, it is below the current Sydney norm. Perhaps the Easton project is attracting a strong owner occupier interest as its strata will be a pet friendly block.
Some 12% - three - of the total sales were Foreign Investment Review Board approved buyers, all from China.<a href="https://eastonapartments.com.au" target="_blank"></a>
<a href="https://eastonapartments.com.au" target="_blank">The five storey project</a> comprises 11 one bedroom apartments, 16 two bedroom apartments and 2 three bedroom apartments, as well as 3 commercial suites and 45 car parking spaces.
Last June, Desane reported 15 of the 29 residential apartments had sold, with prices ranging from $595,000.
CBRE Residential Projects, headed by Ben Stewart and Caroline Fagerlund, secured the off the plan sales at 47-51 Lilyfield Road. During the later stages of marketing Desane had prices for a one-bed-plus study (72 sq m) at $795,000; the two-bedrooms (86-107 sq m) from $895,000; and the three-bedrooms (116 sq m with a large terrace) from $1,395,000.
Construction for the project is expected to be completed by September this year.
Desane Group has exchanged contracts for 26 of the 29 residential apartments totalling $23.6 million, averaging $12,100 per square metre.
When completed, the project is expected to generate sales of up to $27 million, Phil Montrone, the managing director advised.
Desane Group owns $52 million of properties and other assets.
"Much of the attraction for own occupiers was that the Easton Apartments project was its location in a well established inner Sydney suburb, with the historical Easton Park being just 50 metres to the west, the bus stop to the Sydney CBD, only 100 metres to the east, with the next bus stop being in the CBD," Phil Montrone said.
"The inclusion of the pet friendly provision in the body corporate has also played well with owner occupiers, where the majority of purchasers of the 2-bedroom apartments are aged over 40 and are existing Sydney inner city residents and lower North Shore residents."
</body></html>

31% investors in Desane Group's Easton, Rozelle sales

<html><body>
Mirvac seems to be adding a royal touch to their developments at Yarra's edge, having recently installed a structure on the rooftop of their apartment tower Array.
Next door, the T5 apartment tower is often called the "King" of Yarra's Edge, according to Mirvac group executive residential development John Carfi.
Naturally, this theme has been continued, with Array now featuring a regal sculpture on level 40 - a 65 tonne steel crown, which took 12 weeks and 20 separate modules to install that can be seen from the skyline.
Carfi explained that the vision is to elevate the sight-lines down the busy streets of Melbourne with clever architecture.
"When people peer down Flinders Street they will now see, framed by the city's mix of heritage and contemporary architecture, these two unique buildings crowned in sculptural steel," said Carfi.
Currently, 85% of Array's 203 homes have been sold, with residents to move in during the first half of 2016. It features one, two, three and four bedroom apartments, and includes twin multi-level penthouses.
The East Penthouses has been designed by Megan Hess, using her homewares and artwork. She is best known as the Sex and the City cover designer, the project that launched her career.
"A large proportion of Array purchasers are empty nesters keen to downsize from more demanding properties in the suburbs. Array's location, expansive apartment sizes and diversity of floor plans have been hugely appealing to buyers, with around 60% of purchasers planning to own and occupy," Carfi said.
"This area is forecast to be one of the fastest growing inner-urban areas in Victoria over the next 10 years, and Array purchasers are buying into an exclusive waterside lifestyle in a neighbourhood of award-winning homes with their own full service marina right on their doorstep," he said.
</body></html>

Mirvac waxes lyrical over their 'King' of Yarra's Edge

<html><body>
Construction is underway on Brookfield Residential Properties’ Portside Wharf development, with Pinnacle, the riverfront apartment building, set to be completed by mid year.
<a href="https://www.pinnacleportside.com.au" target="_blank">Portside Wharf</a>'s Pinnacle spans 15 levels and has obtained $85 million worth of sales, now more than 65% sold with one penthouses, six river terraces, two three bedroom apartments and a mix of two bedroom apartments remaining. The two bedroom apartments are priced from $590,000.
Link will be complete in early-2015, with their 32 one bedroom apartments sold out for more than $13.5 million. Construction is currently at level four and the development features 522 square metres of retail space.
Regional director for Brookfield Residential Properties Lee Butterworth said that construction will now be focused on the external façade and landscaping.
"The buildings are quickly taking shape and buyers can see that the standard of build and fittings are top quality," he said.
"We have opened our first display in Pinnacle so buyers can experience first hand what it would be like to live directly on the river in a vibrant precinct like Portside Wharf.”
Pinnacle is the premier apartment building in the development, featuring a rooftop infinity pool, bbq and entertainment area, gym and onsite security.
"We expect sales will ramp up as construction nears completion and buyers realise the wait to move into their brand new apartment is quickly nearing the finish,” Butterworth said.
The river terraces include al fresco living and entertaining with terraces spanning up to 54 square metres. A number have private access to the wharf.
<img src="/images/2015/01/06/pinnacle-jan-6-two.jpg" alt="">
"The owner occupier market has really taken off and sales have ramped up as buyers look for a riverfront location with access to everything," he said.
"In terms of position, Portside Wharf is unmatched when it comes to accessibility to its retail plaza, as well as its proximity to the CBD, airport, the CityCat and motorways including direct access to Kingsford Smith Drive, which is set to become a six lane boulevard under new state government plans.”
Within the precinct, 35 retailers are now in residence.
"Our retail precinct continues to grow, with the current retail space almost completely occupied and more in the pipeline upon the completion of both Link and Pinnacle," he said.
"Portside Wharf offers a great mix of fine dining, cafes, beauty, entertainment, services and conveniences, including a Dendy Cinema, IGA supermarket, Ella Bache, barber shop and dentist.”
Apartment buildings Promenade, Loft, Infinity and Flare are already complete, with just one apartment in Promenade priced at $635,000 for a two bedroom, two bathroom option.
</body></html>

Pinnacle, Portside Wharf gearing up for mid-year completion

<html><body>
Stage five of $200 million CityVillage, a Gold Coast development from Robina Group, has been fast tracked to bring 22 lakefront terrace homes to market.
The new offerings will be priced from $599,000, with 14 of the homes featuring three levels and many of the homes have double car garages.
More than $65 million of sales were secured in 2014, including a sell-out of 33 three bedroom lakefront terrace homes in stage four. Stage five will overlook a central lake.
They will include a courtyard on the lower level, a balcony to the main living space, three separate living areas, three bedrooms, a media room, two bathrooms and a powder room. They are on freehold land.
<img src="/images/2015/01/06/CityVillage-jan-6-one.jpg" alt="">
The masterplanned community will eventually house 500 residences, explains Robina Group director Tony Tippett.
“CityVillage continues to attract buyers who want the lifestyle benefits of being able to live, work and play in the one amenity rich location,” he said.
“The community is located in CBDRobina, which is at the geographic heart of Gold Coast City and within 250 metres walking distance of Robina Town Centre, with all its shopping, dining and entertainment offerings.”
He said that the improved market conditions across the Gold Coast are being felt.
"CityVillage is only 10 minutes drive to Burleigh Headland and the beach, it enjoys close and easy access to the M1 motorway, is 15 minutes drive to Gold Coast Airport and 45 minutes to both Brisbane Airport and Byron Bay,” he said.
Across CityVillage and Riverlily, Robina Group has secured close to $103 million in sales at the sites.
“We have been working extremely hard to keep pace with the demand across the board," said Tippett.
One of the stages of CityVillage, with 35 homes, sold out within two days. Riverlily’s 71 terrace homes released in April 2014 took three months to sell out, for $35 million.
</body></html>

Gold Coast’s CityVillage stage five fast tracked

<html><body>
Central Equity has appointed Brookfield Multiplex to construct Australis Melbourne Apartments on Little Lonsdale Street.
The Melbourne CBD development, at 601 Little Lonsdale Street, is a $135 million project from Central Equity.
The 46 level glass facade tower will include one, two and three bedroom apartments, as well as a number of penthouses in the <a href="https://australisapartments.com.au/?id=03&amp;gclid=CLWY3KvK0MICFU1wvAodYLkA1g" target="_blank">Australis </a>tower.
Residents will have access to an indoor heated swimming pool, a gym and a grand foyer with concierge.
Graham Cottam, regional managing director Victoria for Brookfield Multiplex, said that Central Equity has a relationship with Brookfield Multiplex.
"Central Equity is a market leader and pioneer in the Melbourne development arena and we are proud of our ongoing relationship," said Cottam.
In fact, they have completed 14 apartment buildings for the development company, with another three currently under construction, including Southbank Grand Apartments and Melbourne One Apartments.
These apartment developments include Southbank One Apartments, City Tempo Apartments, Mainpoint Apartments, Southbank Towers, Boulevarde Apartments, Sovereign Apartments, Melbourne Tower Apartments, Kings Park on Southbank and City Tower Apartments.
Australis is set to be a complex construction, located adjacent to Central Equity’s Melbourne One apartment tower construction site – which will be a 47 level tower.
Some apartments will include reverse cycle air conditioning and double glazing. Many will have parking available.
One bedroom apartments with a balcony and air conditioning start from $429,000. One bedroom plus study with a balcony and air conditioning are priced from $484,000.
Two bedroom apartments with one or two bathrooms are priced from $595,000.
Penthouses are available on the 45th floor, with three bedrooms and two car parks, priced from $1.65 million.
All the three bedroom apartments, including two bathrooms and a car park, are currently sold out. They were priced around the $880,000 mark.
Completion for Australis is expected for late 2016.
</body></html>

Brookfield Multiplex to build Little Lonsdale Street’s Australis

<html><body>
I thought as my final story before we close for the year and take a little break, I'd share with you a case study on one of our best property development results for 2014.
The development strategy: House renovation, Torrens title subdivision, three bedroom, two bathroom duplex construction, strata subdivision.
What an adventure this development was. We started our journey after locating a fabulous three bedroom house on large block of land for our lovely clients Lean and Alex, a very hard working couple and savvy property investors wanting to boost their portfolio.
On the land there was room to build a three bedroom, two bathroom duplex facing a secondary street. 
<img src="/images/2014/12/19/IMG_9546.jpg" alt="">
Property Bloom negotiated a nice discount off the purchase price and terms including a low deposit and extended settlement with access to start our renovations.
Our main concern was drainage and vehicle access to the secondary street as it was not a certainty that council would approve our orientation of the duplex because there was a small section that could be classified as a laneway that led to the secondary street.  However, there was some existing guttering that had been completed by a developer a few blocks up and a stormwater drain within a few meters to direct our run off to.  
To add to the complication, a new local environmental plan (LEP) and development control plan (DCP) came into effect during our settlement period. We had to ensure our plans would meet all the new requirements.
It was decided that we would lodge a development application (DA) with two stages; firstly a two lot Torrens title subdivision and the second stage to construct the duplex. If we lodged a DA for a three unit development (including the existing house) we'd need to provide space for visitor parking and complete certain upgrades to the house that would not necessarily increase its value but would be costly. By subdividing first we could maximise the area for the duplex and make it more spacious. It was a more lengthy and complicated process, but gave a far better design result.
We used the settlement period to complete the house renovations and work on the concept plan for the duplex. The house was leased at a strong rent which offset holding costs whilst we worked on the duplex design, planning and construction phases.
After much research and several meetings with council we lodged our DA.
The DA process was frustratingly long which we put down to the planners also getting their heads around the new LEP and DCP requirements. Finally we received the consent but then found conditions around the timing of when the subdivision should be registered that we wanted amended. We wanted to start construction before the subdivision was registered which would be a much quicker process. So we lodged a Section 96 application and were granted permission for the subdivision to be registered before the release of the occupation certificates, so after constructing was completed, this saved valuable time.
The actual construction went very smoothly thanks to our wonderful builder and our clients even received some credits for provisional sums that were not needed.
Property Bloom set up a relationship with a national housing group that required new properties to lease to their government tenants, so our client received rent from the date of handover and are on a long term lease with this agency. 
<img src="/images/2014/12/19/IMG_9536.jpg" alt="">
Here's the actual financial results of this project:
<ul>
<li>Total cost including house purchase, stamp duty, legal, renovations, design and planning process, subdivision and turnkey construction: $693,574</li>
<li>Total valuations on completion, including house and two three bedroom villas: $840,000</li>
<li>Equity created: $146,426</li>
<li>Gross yield: 8% </li>
</ul>
Our client's portfolio was boosted by three properties created from one.
I hope you've enjoyed our stories this year.  I wish all our readers and the wonderful people at Property Observer a safe, relaxing and happy Christmas. 
May 2015 bring you much joy and happiness, and a maybe a shiny new property development.
<a href="https://www.propertybloom.com.au" target="_blank">www.propertybloom.com.au</a>
</body></html>

jochivers-wq5Bp59R5a

One of our best 2014 property development results

<html><body>
The third stage of Australand’s Westmeadows development Valley Park has been released with residents now moving into their homes. The first settlements were finalised in late-November.
Having opened the sales office for <a href="https://www.australand.com.au/Projects/Valley-Park" target="_blank">Valley Park</a> in August, with an official launch day in September, more than 30 houses have sold this year with a diverse housing mix resulting in a number of local buyers.
The properties include one bedroom apartments, three, four and five bedroom houses, some freestanding, some townhouses.
<img src="/images/2014/12/18/valley%20park%20dec%2018%20two.jpg" alt="">
Craig Muse, development director of built form at Australand, said that it is located 17 kilometres north west of Melbourne CBD. On completion is will be a 320-lot development.
“The fastest to sell has been the Wattle – a three-level, three bedroom home that features two living rooms and decks on its first and second floors,” said Muse.
“Popular with owner-occupiers, buyers tell us the Wattle’s size is great value for money, especially when compared to similar homes in other areas within the northern corridor.”
<img src="/images/2014/12/18/valley%20park%20dec%2018%20three.jpg" alt="">
The Wattle houses also feature views of the valley, with some houses maximising this with spacious balconies.
One bedroom apartments are priced from $295,000, with three bedroom homes from $395,000.
There is currently a proposed multi-use community centre with management to be introduced to build the community.
</body></html>

New Developments

Editor's Picks

Have something to contribute?

Developments

New apartments

New townhouses

News

New Developments

Editor's Picks

Receive the latest news stories to your inbox

Have something to contribute?

Developments

New apartments

New townhouses

News