<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>
The Malaysian developer UEM Sunrise ­has secured a virtual off the plan sellout of its a highrise ­residential tower, the 92-storey Aurora Melbourne Central.
It is the ­developer’s <a href="https://aurora-melbourne.com.au" target="_blank">first Australian project</a>, being managed by<a href="https://www.pdsgroup.com.au/projects/aurora-melbourne-central/" target="_blank"> PDS Group</a>. 
The developer has sold 895 apartments of the 941 apartments - mostly through its sale ­networks in south-east Asia and China over the past fortnight.
Local buyers account for 25% of the apartments sold through Colliers.
Around 60% of buyers are investors attracted both by ­Melbourne’s reputation as the world’s most liveable city and its relatively low prices by international standards.
Some 22% of the Aurora Melbourne Central apartments, priced between $395,000 and $1.1 million, were bought by Malaysians, 25% were purchased by Australians, 15% by Singaporeans and the remaining 38% by Hong Kong and Chinese investors.
The project is slated to be completed by 2019, once works start in March or April next year.
“As a benchmark in Australasia, Melbourne core CBD prices are on par with KL, 50% cheaper than Sydney, 200% cheaper than ­Singapore, 350% cheaper than Hong Kong, and a staggering 550% cheaper than London,” Raymond Cheah, director of UEM Sunrise’s Australian subsidiary, said.
He described the sellout as “breathtaking”.
The $730 million project will rise in the heart of the Melbourne CBD, on La Trobe Street near the State Library and RMIT University.
Listed on the Malaysian stock exchange, UEM Sunrise is a subsidiary of the UEM conglomerate, which is owned by Malaysian sovereign fund Khazanah Nasional.
The developer has another property project in Melbourne, a 0.4 hectare site on Mackenzie Street which was bought for $65 million.
The project on Mackenzie Street known as The Conservatory will be unveiled by June next year.
The company wants to build more properties in Australia to ride on the expanding economy and population growth in Melbourne and Sydney.
"We are zooming in on a few sites," Cheah said.
</body></html>

jchancellor-FAypfDUnLy

75% foreign buyers in UEM's 92 storey Aurora Melbourne Central near sell-out

<html><body>
GUEST OBSERVATION
Melbourne is undergoing a profound shift. It’s a renaissance of sorts – yet, instead of the rebirth emanating from the centre of the city, all the action is happening on the city’s fringes and in nearby suburbs. 
Here’s why I believe this to be the case.
In the inner city, enormous towers are rising up at alarming speeds, often fuelled by offshore investment. In the long-term, these 100 plus level towers simply cannot hold their value as the sheer number of them has a diluting effect.
On the flip side, boutique projects on the fringes of Melbourne are proving to stand the test of time and really hold their resale value. They have enduring appeal for owner-occupiers who seek a great location close to transport and parkland. These buyers also appreciate the fact that they are buying into a smaller development that will be shared with other owners like themselves – instead of disconnected investors.
And, perhaps most importantly for the bank balance, these projects are unique. You want to buy into something that hasn’t been repeated 20 times in a similar area – a property that will retain its value into the future.
The key is to get in early when these one-of-a-kind projects are in their planning stages. By buying off the plan, you will secure a great investment and should reap significant monetary gains in the long-term.
<h3>Tips for off the plan purchases</h3>
Buying off the plan has its risks and it’s important to be as thorough as you can. Ask yourself key questions about what you’re after, and why; and seek advice at every turn. The more knowledge you have, the closer you’ll come to finding a property that ticks all of your boxes – now and into the future.
Here are my key tips for purchasing property off-the-plan:
<ol>
<li>
Know your borrowing capacity  Find out how much you can borrow, and make sure you’re comfortable with your debt level and the monthly repayments. 
</li>
<li>
Seek boutique, ideally located projects  For enduring value, seek out boutique projects in well-located positions, close to public transport, cafes, grocery stores, markets, parklands, gyms, or universities. 
</li>
<li>
Investigate the project developer  Look at their track record and ask around to get an idea of their reputation. 
</li>
<li>
Investigate the project builder  Find out about the building company (if different to the developer), paying particular attention to their track record for successful, on-time project delivery. 
</li>
<li>
Choose an experienced ‘off the plan’ conveyance  Not all conveyancers have experience in off-the-plan purchasing, so it is important to ask at the outset what their background is. If they haven’t worked in the off the plan space, look elsewhere. 
</li>
<li>
Read the contract of sale  Ask for the contract of sale and read it carefully. Pay particular attention to sunset clauses, defect periods/warranties provided by the builder, and estimates of body corporate charges. Ask yourself whether they are realistic or excessive. 
</li>
<li>
Know the size of development  Find out how many apartments are in the development, and ask yourself if you’re happy with the number. 
</li>
<li>
Review the fit out and specifications  Ensure that quality isn’t skimped in any area. Pay attention to everything – joinery materials, quality and brand of appliances, heating and cooling appliances, the energy rating, glazing properties, handling of refuse, ducting of exhaust, mechanical ventilation, and so on. If you’re unsure about any of these elements, seek professional advice. 
</li>
<li>
Consider car parking   Find out whether on-site parking is included, where the parking spaces are, or whether car parking is available on surrounding streets. 
</li>
<li>
Beware the ‘added extras’  While swimming pools, saunas and gyms sound great in theory, they can erode an investment’s return in the longer term because of excessive maintenance and upkeep fees.</li>
</ol>
Then, once you’ve bought off the plan and are enjoying your new home as an owner-occupier, I strongly encourage you to join the body corporate. Living onsite, you have a vested interest in the upkeep and smooth running of the building’s public areas – and can help to preserve the property’s value into the long term.
Damon Krongold is director of <a href="https://www.bellergroup.com.au/" target="_blank">Beller Project Marketing</a>.
Beller Real Estate has been part of the Melbourne property market for over 50 years.
</body></html>

DamonKrongold-BsycV2puKv

Melbourne's boutique apartment renaissance: 10 tips for buying off the plan

<html><body>
A $200 million, 18 storey mixed-use proposal has been received from Darwin developers Randazzo and La Pira families for a Palmerston ‘superblock’.
The ‘superblock’, named as such due to its 6,060 square metre size in the centre of the CBD, has been vacant since the 1980s and is government owned, according to Minister for Lands, Planning and the Environment Peter Chandler.
It will be the tallest building in Palmerston and the first mixed-use project of its kind. The Northern Territory developers previously created the Palmerston Shopping Centre, Highway House and the Goyder Building.
It is to be the first of its type for Palmerston and will provide housing and accommodation options.
To be called Boulevard Plaza, it is expected to bring 225 apartments, 185 hotel rooms and street level access to 10,000 square metres of retail and hospitality space, said Chandler.
“What’s becoming clear is that Territorians want more choice with their housing options. Apartments in Darwin are being snapped up at record rates and smaller blocks of land are becoming more attractive to home buyers,” he said.
“Living and working in the city has many economic and environmental advantages with less of a reliance on vehicles to commute to work, shops or social events.”
Paolo Randazzo and Peter La Pira have said that it will revitalise and activate the heart of the city, noting it will support the rural area, defence activities, oil and gas, the new hospital and the increased commercial activity.
“We played a key role in the social and economic growth of Palmerston and we are now reinvesting in the city’s future because of our confidence in Palmerston’s growth,” La Pira said.
It will be designed by another local name, architects Jackman Gooden, and will have energy efficient measures and a large podium on level five.
The proposal will be lodged with the Development Consent Authority in early-2015, with construction expected shortly after. It will be built over several years in a staged release.
Picture of Palmerston courtesy of Bidgee/Wikimedia Commons.
</body></html>

jduke-EHk3XBmHkn

Palmerston’s tallest building coming: 18 storey 'superblock' proposed

<html><body>
A total of 24 townhouses are available in Brighton’s beachfront 30 Esplanade development, priced from $1.9 million to $2.3 million.
The $48 million <a href="https://www.scland.com.au/cms-projects/esplanade/" target="_blank">30 Esplanade Brighton</a> project, 14 kilometres south-east of Melbourne, features views of either the Melbourne skyline or Port Philip Bay.
Designed by Wood Marsh Architecture, the SC Land project comprises of two rows of 12 townhouses, constructed by Watpac. They are sized from 250 square metres to 300 square metres, including their outdoor areas.
The townhouses cover four levels, including a rooftop terrace, and include features such as a hand-blown glass disc doorknob, created by Melbourne’s Mark Douglass and designed by architect Randal Marsh.
Each has a private double garage and features three bedrooms and two to three bathrooms.
Gaggenau stainless steel appliances, including a steam over and pyrolitic oven, are kitchen inclusions, with the bathrooms to feature Roger Seller fixtures. Some of the main rooms have walk in wardrobes.
Stage one is expected to be complete in 2015.
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Brighton’s 30 Esplanade townhouse development priced from from $1.9 million plus

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The property developer Crown Group secured a sellout when the initial offering at its Sydney by Crown project were put to the market on the weekend. 
The new $250 million tower will be built at 161 Clarence Street in the Sydney CBD. Prices started at $826,000.
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<div class="ProfileTweet-authorDetails"><a href="https://www.propertyobserver.com.au/https://twitter.com/IwanSunito/status/536035479339012097" target="_blank"><img src="/images/2014/11/24/tweet-12-nov-24-one.jpg" alt=""></a></div>
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Crown Group sold 95 per cent of its first and final release of apartments as more than 500 eager property buyers flocked to the official launch with a total of $173.1 million in apartments sold.
Construction of Sydney by Crown will begin in early 2015 and is scheduled for completion in late 2017.   A selection of less than half a dozen apartments remain available for sale, with prices undisclosed.
It was a residential site long abandoned by Multiplex which had proposed in 2004 a Tonkin Zulaikha Greer-designed building called Atria.
There were <a href="https://instagram.com/p/vsYgllEviO/" target="_blank">same-day launch events</a> in Sydney, Jakarta and Singapore for apartments in the 220-apartment tower, overseen by Crown Group director of sales and marketing Adam Sparkes.
Designed by Koichi Takada Architects, the 25-storey building will feature heritage-inspired lower levels transitioning to a modern glass-and-steel tower, capped with dozens of steel arches.
These are a reference to the iconic Sydney Harbour Bridge and Sydney Opera House, forming a striking addition to Sydney’s skyline, Crown Group CEO Iwan Sunito told Property Observer.
Sydney by Crown will also be home to a collection of Crown Suites serviced apartments.
The apartment sizes (approx) are:
<ul>
<li>
Studio 44-55 square metres from $826,000
</li>
<li>
One bedroom Plus study 50-59 square metres 
</li>
<li>
Two bedroom 64-76 square metres 
</li>
<li>
Two bedroom, plus study 82-89 square metres 
</li>
<li>
Three bedroom 94-104 square metres 
</li>
<li>
Penthouse 142 square metres
</li>
</ul>
The penthouse, 142 square metre on the top floor of the building, will be marketed as likely to sell at just below $50,000 per square metre.
Back into 2004 the abandoned Multiplex proposal came with pricing that failed to excite buyers after the investor frenzy of 2003.
The 106 apartments on offer at Atria came with Multiplex's 2004 pricing:
Studios $358,550 to $433,450
One bedroom (some with studies) $474,700 to $712,050
Two bedroom $691,850 to $798,100
Two bedroom plus study $711,950 to $855,700
Three bedroom plus study $1.75m
 
 
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Sydney by Crown on Clarence Street secures sellout in four hours

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A 10 level apartment building is set be developed in Sydney’s inner suburb of Kensington with completion predicted to be in June 2016.
Apartments are on sale now. Prices range from $522,000 for studio apartments to $2,450,000 for three bedroom penthouses.
The building will have 113 units and boast a gym, a pool and a fresh food supermarket. 
<img src="/images/2014/11/20/kensington-nov-20-one.jpg" alt="">
88 Kensington is on ANZAC parade, close to Sydney’s beaches and within 5 kilometres of the CBD. The apartments also have close access to busses and are within walking distance of the University of New South Wales, Sydney Children’s Hospital and Centennial Park. 
It has been designed by the Bureau of Urban Architecture and developed by Luxcon Development Pty.
CPM Realty says that 88 Kensington represents an opportunity for those looking to maintain an inner city lifestyle without the intensity of central Sydney living. 
<img src="/images/2014/11/20/kensington-nov-20-three.jpg" alt="">
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owisniewski-RiYLqnXfKH

Apartments in 88 Kensington, Sydney now on the market

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A Woolloongabba development has secured 117 unconditional sales in three months, with developers Pellicano achieving record sales over the past quarter at the site.
<a href="https://www.trafalgarlane.com.au/" target="_blank">Trafalgar Lane</a>, Pellicano’s $85 million Woolloongabba development, was released in May this year and is now 90% sold.
The 20 level tower development has seen interest from owner occupiers, according to Pellicano Queensland development manager Michael Kent.
"Trafalgar Lane's sales success saw us meet our pre-sales target extremely quickly, particularly in this market, which allowed us to commence construction ahead of schedule," he said.
"There has been a mix of buyers with owner-occupiers very well represented due to the project's central location, just 1.5 kilometres from the Brisbane CBD,  the quality design and competitive price points.”
The remaining apartments are available from $412,500. In total the development includes 147 one, two and three bedroom apartments. A five level podium, with retail and commercial space, is also integrated into Trafalgar Lane.
<img src="/images/2014/11/20/woolloongabba-nov-20-two.jpg" alt="">
"The development's unique vantage point, directly across the road from The Gabba has proved to be an enormous drawcard, offering commanding views of the stadium, the CBD and the Brisbane River," Kent said.
"The apartments have been designed by the internationally acclaimed DBI Design, and apartments feature floor-to-ceiling windows to take in the views, with private, noise-protected balconies and refined interior detailing.
"They have been designed for the end user, featuring hand-selected fittings and finishes including wool blend carpet, fully vitrified floor tiles, stone benchtops with waterfall ends and feature lighting, along with high quality tapware, joinery and integrated fridge and dishwasher."
Construction is currently progressing on the site, having begun in July. Completion is expected in late-2015.
<img src="/images/2014/11/20/Hero%20Shot_Trafalgar.jpg" alt="">
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Pellicano's Woolloongabba, Queensland development secures record sales

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The Development Assessment Commission has given approval for a $105 million apartment building to go up in Adelaide’s West End.
The building, developed by Star Fish Developments, will feature exterior hanging gardens made up of over 3,000 plants. A 22 metre vertical garden will also be planted as a major design element of the building.
Bohem will consist of 220 apartments ranging from one bedroom to three bedrooms. There will also be a podium level rooftop garden with a pool, gym and barbeque area. Apartments are expected to be on the market by March 2015.
Apartment floor plans and pricing structures won’t be finalised until early next year. The current median unit price for Adelaide is $383,750.
Bohem has been designed by architects Woods Bagot, led by Principal Gavin Kain and South Australian architect Enzo Caroscio.
Star Fish Developments Managing Director, Damon Nagel says,”Adelaide’s West End is a fusion of cultures and styles and this is reflected in Bohem’s deign which brings together various design elements, scaled heights and setbacks, and exterior finishes and materials”.  
Approval for the building came after Star Fish Developments joint venture with Asian Pacific Group on the Vue apartments. Star Fish Developments now have $370 million worth of projects in progress across South Australia and Western Australia. 
<img src="/images/2014/11/20/WB_WRIGHT_view%201_FINAL_v6-lr.jpg" alt="">
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$105 million Adelaide development approved

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The Sydney-based Crown Group has sold the final apartment in its seven-tower 653-apartment development - Top Ryde City Living.
It was a one bedroom apartment.
More than 600 residents now occupy the resort-style development, positioned on the vantage point above Top Ryde City Shopping Centre with views to the Sydney Harbour Bridge, Blue Mountains and North Shore.
Crown Group Chief Executive Officer Iwan Sunito said the sale of the final apartment at Top Ryde City Living was an important milestone for Crown Group.
“For a development of this scale to sell out so shortly after completion is a testament to the high quality and luxury appeal we have worked to deliver,” he said.
Completed in August 2014, Sunito said Top Ryde City Living’s owners whom purchased early had experienced a "significant increase" in the value of their apartments.
One bedroom apartments initially sold for about $350,000 when Top Ryde City Living’s first apartments were offered for sale in 2011, while a one bedroom plus study apartment sold this month for $754,000.
Crown Group’s director of sales and marketing Adam Sparkes said Top Ryde City Living’s success came after a quick response to new apartments at every new release over the three-year timeframe given access to transport links, education, workplace hubs and retail.
Top Ryde City Living has been recognised by some of the most sought-after awards in the industry, most recently being named winner of best Outdoor Project at the 2014 HIA-CSR NSW Housing and Kitchen &amp; Bathroom Awards.
Its other accolades include 2013 Urban Development Institute of Australia (UDIA) High Density Development Award, 2013 UDIA NSW President’s award and Master Builders Association Excellence in Housing award 2013.
The final stage of Top Ryde City Living, named Viva by Crown was launched for sale in August 2013.
Top Ryde City Living began construction of its seven towers in late 2010.
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Crown secures Top Ryde City Living sellout

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Country Garden’s stage two launch of $550 million Ryde Garden, North Ryde on Saturday saw over 250 people viewing the display with 336 apartments up for sale.
In total, 185 of the 336 sold on the day, with an even mix of one, two and three bedrooms selling as well as two penthouses at $1.88 million each.
<a href="https://www.rydegarden.com.au" target="_blank">Ryde Garden</a>'s stage two release saw one bedroom apartments were priced from $498,000, two bedroom apartments from $685,000 and three bedroom apartments from $950,000.
Property Observer is advised that buyers were attracted to the suburb’s growth prospects and proximity to the university and train station.
<img src="/images/2014/11/17/ryde-nov-17-one.jpg" alt="">
At present, the proportion of owner occupiers to investors remains unconfirmed.
The first launch saw a strong result, with <a href="/expert-insights/buying/strong-off-the-plan-sales-at-country-gardens-ryde-garden-project">296 off the plan sales earlier this year - priced very similarly</a> - securing $186 million in sales, with up to 20% being prior Country Garden customers.
The apartments in this release surrounded a 4,000 square metre park landscaped by Aspect Studios.
The development, designed by Bates Smart, sees each apartment include its own balcony with ground floor apartments featuring private courtyard spaces.
Communal facilities include three rooftop terraces, a swimming pool, gym, BBQ area and childcare on site, with shops, restaurants and cafes nearby.
<img src="/images/2014/11/17/ryde-nov-17-two.jpg" alt="">
The uppermost levels, and rooftop terraces, feature views of the Harbour and CBD.
The development is expected to see construction in December, with completion forecast for mid-2017.
Country Garden emerged in June as <a href="/expert-insights/buying/ryde-garden-debut-for-country-garden-australia">one of the companies potentially interested in purchasing Harry Triguboff's Meriton</a>.
<img src="/images/2014/11/17/ryde-nov-17-three.jpg" alt="">
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