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

Joel Robinson

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

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

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

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

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

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

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

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

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

New Developments

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Following strong demand for the first apartments at Green Square Town Centre, Mirvac and UrbanGrowth NSW are doubling the amount of apartments available upon the second stage release.
They will now offer 174 dwellings to prospective buyers rather than the previously planned 79.
<a href="https://greensquare.mirvac.com/Coming-Soon/Ebsworth/" target="_blank">Ebsworth</a>, in Zetland, includes two building and is the first section of the Green Square development. Upon completion the project is expected to contain 2,000 apartments.
<a href="https://www.mirvac.com/" target="_blank">Mirvac</a> expect fierce competition after fielding more than 4,600 enquiries for the first release.
The apartments are priced from $550,000 for a 42 square metre one bedroom apartment with no parking. Two bedroom, two bathroom apartments with one car park, and three bedroom, two bathroom apartments with one car park are also available.
Those who expressed interest were required to pay a $5,000 deposit for a chance to purchase and then allocated appointment times.
UrbanGrowth NSW chief executive David Pitchford said that Green Square’s level of interest is due to the site's vision for urban transformation and its location 3.5 kilometres from the CBD.
“The community has waited patiently for Green Square to become a reality and now we are ready to deliver,” said Pitchford.
“From the time UrbanGrowth NSW started its journey transforming an under-utilised industrial precinct, we knew there was the potential for a great community at Green Square. This is the beginning of a great city centre with a village feel, a place where people will be able to access a train, public places, cultural amenities and a diverse retail offering,” he said.
Mirvac’s chief investment officer Brett Draffen said that the high level of amenity, in conjunction with the location, will also underpin strong demand.
“The response to the first release of apartments at Green Square mirrors our belief that we are creating the type of new urban community that people truly want to live in,” he said.
Sales begin Saturday 1 November, at 7am. 
Construction is expected to be complete by late 2016.
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jduke-EHk3XBmHkn

Mirvac doubles Sydney Green Square’s Saturday apartment release

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The Chatswood development is seeking VIP registrations ahead of its forthcoming launch.
Located in Sydney's North Shore suburb of Chatswood, <a href="https://thechatswood.com.au/" target="_blank">The Chatswood</a> will feature a design from KANNFINCH architecture and thoughtful outdoor creations from Arcadia Landscape Architecture.
Bringing one, two and three bedroom apartments with parking, ground level retail, a central courtyard and private rooftop gardens with views to the skyline of Sydney CBD, there will be BBQ facilities, seating and pergolas, as well as shaded dining areas for functions.
Developed by Toga Group in partnership with Reyhoda Pty Ltd, The Chatswood is marketed by CBRE.
<img src="/images/2014/10/30/chatswood-oct-30-one.jpg" alt="">
Last year, a submission for development approval for 28, 32, 36 Anderson Street, 1 Help Street and 2A McIntosh Street in Chatswood was made for a U-shaped developed of seven to 12 storeys and a landscaped podium.
The application also included basement car parking and lower ground floor car parking for 193 vehicles (34 visitor spaces and 26 commercial spaces, the rest being those for the shop-top homes).
In total, 136 apartments were requested, including 62 one bedroom, eight one bedroom plus study, 23 two bedroom, 33 two bedroom plus study, two three bedroom and eight three bedroom and study apartments.
VIP preview registrations are now open with <a href="https://thechatswood.com.au/" target="_blank">a display suite coming soon</a>.
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The Chatswood in Sydney's North Shore, set to launch soon

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A new development in Sydney’s Pyrmont, with views of the Anzac Bridge, is taking expressions of interest with a display suite opening soon.
The <a href="https://pier99.com.au" target="_blank">Pier 99</a> development includes studios and one, two and three bedroom. Views span over Blackwattle Bay and Anzac Bridge.
Studios start from $649,000. One bedroom apartments with one bathroom are priced from $740,000. Two bedroom, two bathroom apartments with a car parking space will set you back $985,000 plus.The three bedroom, two bathroom, one car park option are priced upwards of $1,500,000. Podium-level apartments include private gardens.
A collaboration partnership between Galazy Capital, SIV Fund/VIMG and China Venture, the development is designed by JPR Architects.
It is located one minute to the light rail and is walking distance to Darling Harbour. The lift lobby is in Wattle Crescent, while the apartments official address is 99 Pyrmont Bridge Road.
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New Pyrmont apartments with views of Anzac Bridge taking expressions of interest

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Atop the new Eliza apartment building on Sydney’s Elizabeth Street is a 499 square metre penthouse with views of Sydney Harbour.
Seventeen storeys up at 141-143 Elizabeth Street, the four bedroom, six bathroom penthouse also has a private lobby and an internal passenger lift.
With 3.8 metre high ceilings, the rooftop level is an entertainment option, with level 15 and 16 devoted to living and dining, as well as sleeping quarters.  Each floor is connected by a 10 metre high marble staircase.
All up, the penthouse will set back the buyer $15 million.
<img src="/images/2014/10/29/eliza-oct-29-one.jpg" alt="">
The rooftop includes a landscaped terrace, outdoor kitchen and transparent infinity-edge swimming pool.
The master bedroom, at 60 square metres, includes a private study and a walk-in dressing ‘chamber’.
The kitchen includes a walk-in pantry and separate prep area for catering. According to released marketing material, the fridge is worth $50,000. To put that into perspective, it’s more than many first timers put down as a deposit on their first home.
Basement storage and three car parking spots are also included, with a private driveway.
<img src="/images/2014/10/29/eliza-oct-29-two.jpg" alt="">
Industry figure John McGrath said that it is in a culturally significant precinct in Sydney.
“It makes use of the world’s finest materials and finishes in a technologically brilliant way, and everything is over-specified, including double glazing and acoustic innovations to ensure whisper-quiet interiors,” he said.
Built and developed by Ceerose, founded by Edward Doueihi, Eliza was designed by Tony Owen, the man behind the renowned <a href="/news/moebius-house-at-dover-heights-has-price-hopes-pared-back">Dover Heights property Moebius House</a>.
“We wanted to create a building with an architectural point of difference that did justice to our landmark site in arguably Sydney’s most beautiful street,” said Doueihi.
“It took us more than three years to build, but the effort has been worth it.”
All 18 apartments in the Eliza block have been sold, with the penthouse the last to go to market.
The penthouse is <a href="https://www.elizasydney.com" target="_blank">available to inspect by appointment</a> and is being marketed through Savills and McGrath Estate Agents.
It was <a href="/news/nsw/eliza-penthouse-finally-getting-off-the-ground-with-15-million-hopes-title-tattle">previously being marketed through CBRE</a>.
Furnished photographs will be made available next week.
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The $15 million Eliza penthouse has a $50,000 fridge

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World Class Land has offered Singaporean buyers a preview of its Melbourne-based residential tower project, Australia 108.
They were told Hirsch Bedner Associates (HBA), designers of the St Regis Abu Dhabi, will design the concierge lobbies in the<a href="https://infopub.sgx.com/FileOpen/PR_AUSTRALIA_108.ashx?App=Announcement&amp;FileID=319450" target="_blank"> Fender Katsalidis Architects-designed, 100-storey building</a>.
Carr Design, the firm behind the Triptych and Parque Melbourne developments, will design the interiors. 
The Australia 108 show flat was open for public preview on Saturday in Singapore with indicative prices made available during the preview. 
Measuring 319 metres, it will comprise <a href="https://australia108apartment.com/project-details/" target="_blank">1,105 studio to two-bedroom apartments</a>, including the premium Sky Rise Residences from levels 11 to 67, the ultra-luxury, three bedroom, two bathroom units on levels 72 to 97, and an 815 square metre ‘super penthouse’.
<img class="alignright size-full wp-image-36848" src="https://www.property-report.com/wp-content/uploads/2014/10/Australia-108_2.png" alt="Australia 108_2" width="300" height="454">
“Australia 108 will be the tallest building World Class Land has ever built and we are exceptionally proud for it to also be the tallest residence in the southern hemisphere,” Koh Wee Seng, director at World Class Land, a unit of Singapore-based Aspial Corporation Limited, told the attendees.
Amenities at the development include a virtual golf room on level 11, a 25 metre lap pool, a gym, steam rooms and saunas.
There will be clubhouses on levels 70 and 71, dubbed Star 70 and Cloud 71 where Australia 108’s sleek exterior is punctuated by the seven-pointed Federation Star – rendered in golden finish. 
Initially planned as 108 storeys that inspired its name, the residential tower will be 100 levels to accommodate flight traffic in the zone.
“Residents will experience the true meaning of living in the clouds,” Koh added.
Australia 108 is scheduled for completion in 2019.
Previous offshore marketing of the had been undertaken by "rogue" agencies when Singaporean agencies started taking buyer interest registrations, <a href="/expert-insights/buying/southbanks-australia-108-marketing-underway-offshore-through-knight-frank-singapore">on which Property Observer reported</a>. Their website pages were <a href="/expert-insights/buying/rogue-marketing-claims-in-offshore-australia-108-registrations">removed after being tracked down t</a><a href="/expert-insights/buying/rogue-marketing-claims-in-offshore-australia-108-registrations">he Australian estate agency CBRE</a>.
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jchancellor-FAypfDUnLy

Hirsch Bedner to design Australia 108 concierge lobbies

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Home buyers looking for affordable options on the Gold Coast may not be thrilled to know that the average price for a new apartment in the area is sitting at $812,045, according to Urbis Research’s Gold Coast Apartment Report.
However, there are two new development projects offering apartments for under $400,000.
These projects are:
<ul>
<li>
<a href="https://www.sage-apartments.com.au" target="_blank">Sage</a> in Merrimac (from Minamarc Pty Ltd), pictured above: Two bedroom, two bathroom apartments in stage one from $345,000 to $369,000, averaging more than 90 square metres. 
</li>
<li>
<a href="https://azzuragreens.com.au/" target="_blank">Azzura Greens</a> in Hope Island: A resort complex that offered 159 one and two bedroom apartments, from approximately $330,000 upwards.</li>
</ul>
Sage Apartments sale manager, Elena Marchetti, said that the level of sales and enquiry in recent months have been strong, reflecting upwards growth figures in the median price – with Merrimac’s median lifting to $380,000 (a 25% uptick, potentially due to the new developments in the area), a vacancy rate of 1.03% and an estimated yield at the 6.1% mark.
Sage represents one of the few entry level projects on the Gold Coast and has also seen a high level of investor enquiry.
"The majority of the apartments we have sold to date have been taken up by interstate investors and local first home buyers who wanted an affordable property with potential for growth, in a central location," she said.
"While Sage is considered entry level stock, purchasers are also saying that they are extremely impressed by the high quality of fittings and finishes in the apartments.”
Their display apartment is open next month, with their first building of 24 apartments completed in early-2015. Body corporate fees are $47 per week for some apartments.
Sage Apartments were recently labeled a “Matusik Property Pick” for these seven reasons:
<ol>
<li>Quality stock, well-priced, well-designed. 
</li>
<li>Population growth area, with growth stronger than projected. 
</li>
<li>Undersupply is evident with greatest rental demand for affordable attached dwellings. 
</li>
<li>Strong demand from young rental and first home buyer market, plus locals downsizing. 
</li>
<li>Tight local vacancy rate. 
</li>
<li>Over 67,500 people work in the local area with a strong employment backbone. 
</li>
<li>The Gold Coast market generally is in a recovery upswing.</li>
</ol>
Meanwhile, Hope Island’s Azzura Greens is a resort complex for holiday purchasers, rather than for standard residential buyers.
A few properties are available, such as a two bedroom, two ensuite offering for $357,000 on the top floor. It also includes a car park.
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Two new Gold Coast developments offering sub-$400,000 options

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Stage one of GURNER’s Brisbane apartment development FV is set to launch this month.
Featuring 810 one, two and three bedroom apartments, a 90 room 4.5 star hotel, 3,000 square metre residents-only private club and a ground floor retail precinct, the $600 million project is being developed by Elenberg Fraser.
This is <a href="https://www.gurner.com.au" target="_blank">GURNER’s first Brisbane development</a> and will assist with the regeneration of Fortitude Valley, said founder Tim Gurner.
“Flatiron will set a new benchmark for international design in Australia and the level of enquiry we have already received reflects this. Since obtaining our permit just a few months ago, we already have almost 2500 registrations of interest from all around Australia,” said Gurner.
“This enthusiasm for the project isn’t surprising, given the level of interest in Brisbane as a strong investment market and demand among locals for aspirational apartment living.”
<a href="https://www.gurner.com.au" target="_blank"><img src="/images/2014/10/2/GURN8201_FV_V03_Ext_Tower%201%20From%20Barry%20Parade.jpg" alt=""></a>
Images supplied.
The private club will be designed by landscape architects 360 Degrees, who worked on Sydney’s The Ivy. It will include private lounges that residents can book out, each with their own bar, kitchen, day beds, outdoor dining and private spas.
Private dining rooms, outdoor dining zones, a moonlight cinema, gym, yoga retreat and U-shaped infinity pool will also be included.
More than 1,100 residents are expected for the development, and the retail section has already been attracting enquiry.
Stage one, known as Flatiron, spans 30 levels and includes 354 one, two and three bedroom apartments.
There will be 185 one bedroom apartments, from 50 square metres to 65 square metres, prices from $360,000 to $520,000.
For one of the 165 two-bedroom apartments, from 68 square metres to 81 square metres, you will be paying $575,000 to $780,000.
Lastly, four penthouse sized apartments from 125 square metres to 170 square metres are available from $1.45 million to $1.95 million.
The $2 million display suite is located at 147 Alfred Street, Fortitude Valley.
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GURNER’s first Brisbane development, FV, launches $2 million display suite

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In Sydney’s Inner West, Holdmark is developing Majors Bay. Their latest stage ‘Byron’ has now been launched for the first time to the market.
Located nearby the ferry wharf, a trip of some 30 minutes to Sydney CBD, the <a href="https://www.majorsbayliving.com.au" target="_blank">Majors Bay Byron</a> development includes one, two and three bedroom apartments.
One bedroom apartments are priced from $605,000, while two bedroom units are available from $870,000.
Designed by Turner Architects, oversized balconies and lanscaped courtyard outlook, as well as car parking, are available on some of the apartments.
The development, located at 1 Northcote Street, Mortlake, is being marketed through Colliers International.
Holdmark currently also has projects in St Leonards, Shepherds Bay, Parramatta and Granville.
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Inner West Sydney's Byron at Majors Bay launched

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South Chinese developer Shunlide Group’s Australian offshoot, Surewin Pty Ltd, are set to build 62 new apartments in Ashfield in the company's first Australian project.
Marketed as <a href="https://www.onevictoriastreet.com.au" target="_blank">One Victoria</a>, the development is located on 2,958 square metre land surplus to the Wests Ashfield Leagues Club at 1 Victoria Street.
General manager of Surewin Australia Edward Cheung said that it took them five years to acquire the site.
“We selected international-class firms to partner with, and we’ve worked closely with the local council to ensure the apartments provide the prime living environment for the suburb yet still maintain realistic prices,” he said.
The six-storey building will see upper level apartments with views to the Sydney CBD to the east and Chatswood to the north.
<img src="/images/2014/10/24/Ashfield%20cutaway.jpg" alt="">
Ray White Erskineville’s Peter Shield expects a high level of demand.
“Ashfield is a naturally beautiful suburb surrounded by parklands and recreational attractions, and very convenient to the Sydney CBD via rail, bus or car,” said Shield.
“Surprisingly though, Ashfield has been largely neglected by quality developers, and apartments here have been primarily built to a price for investors.”
He notes that their research has found subdued median prices in <a href="/news">Ashfield</a> as a result, with the median sitting at $590,000, compared to <a href="/news">Summer Hill</a>’s $650,000, <a href="/news">Croydon</a>’s $667,000 and <a href="/news">Five Dock</a>’s $735,000.
“The apartments are 15% larger than Ashfield’s average, and all have at least one secure car space,” he said.
There are three studios available, at 44 square metres internally plus external space of up to 19 square metres, from $545,000.
<img src="/images/2014/10/24/Ashfield%20interior.jpg" alt="">
A further 14 one bedroom apartments from 52 to 58 square metres internally and external space spanning up to 21 square metres are priced from $595,000 upwards.
Two bedrooms, with the most options at 33 apartments, span from 81 to 95 square metres and the externals range up to 99 square metres. They are priced from $755,000.
Finally, there are 12 three bedroom options that are available from $995,000. They span 115 to 129 square metres with externals up to 96 square metres.
Each apartment comes with a 5.5 metre storage cage in the basement. There are 80 car spaces in the development.
<img src="/images/2014/10/24/Ashfield%20kitchen.jpg" alt="">
One Victoria is being designed by Nettleton Tribe, with a third of the site to be landscaping and communal space, with a central courtyard for residents.
Body corporate levies have been estimated at $600 per quarter for one bedroom apartments, $800 for two bedroom apartments and $1,100 for three bedroom apartments. Strata Choice came up with the estimations.
Deicorp is constructing the development, and work is scheduled for early-2015.
The expected completion date currently sits in mid-2016.
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Asian developer’s first step into Australia with 62-apartment Ashfield development

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I found a great property development site a few weeks ago.  It was a three bed house on over 1,000 square metres of land. Whilst this type of property is considered fairly common in this Hunter Region town, there were a few major plusses to the site.
<ol>
<li>Zoning. It was zoned for medium density development - you can build several dwellings on the land as long as you comply with the development control plan (DCP).  Most properties in this town are zoned low density which means we could only build one other dwelling if keeping the house. The house is not really a knock down. </li>
<li>Location. This property is right behind the shops and about 200 metres to the local school. You can walk to the new Coles or Aldi stores. Tenants love this as they may not even need a car, this will appeal to older, downsizers wanting to be close to facilities and young families wanting their kids to be able to walk to school. </li>
<li>Land size and fall. The land is relatively flat and the position of the house is right at the front of the block. The rear yard is large enough to build a duplex in it. </li>
<li>The house is old but in fairly good condition. We could rent it out immediately and still get a 6% gross yield or renovate it and get a higher return. </li>
<li>There is a rear laneway at the back of the property.</li>
</ol>
My initial development strategy was to keep the house and build a duplex - two attached two bedroom single story villas and a three lot subdivision, and the zoning allow this.
After my inspection of the house, I opened the back door to the yard and immediately loved the space, it seemed near perfect for our development strategy. I paced out the area and knew a duplex would fit, we'd need to allow for a driveway to access the duplex from the front road as council do not (usually) allow us to use the rear laneways for direct vehicle access. The laneways are nothing more than dirt tracks with no drainage. They were originally used for 'dunny runs'.
I opened the rear boundary fence gate to check the laneway and that's when I became more than excited.
What I saw was a perfectly sealed road with kerb and guttering that lead to a drain at the next cross road.  Whilst it was still a 'laneway' and there was no street name sign, it appeared to be used for deliveries to the shops and council had upgraded it substantially. I did find a property that appeared to have only vehicle access to it. Ah ha, precedence! 
By now my mind is racing...what if we were able to use this laneway for our duplex access? We'd certainly have more options to play with:
<ol>
<li>Face the duplex to the laneway. We could also upgrade it to a three bedroom duplex and save on the long, expensive driveway. </li>
<li>Torrens title subdivide the duplex from the older house, basically cutting the land in half so each dwelling has a little over 500 square metres each. </li>
<li>Renovate and upgrade the older house and it would be worth about the same that we paid for it on the larger land size. Essentially getting the land at the back for free. </li>
<li>Or, demolish the house and build another two villas - a duplex facing the street, effectively making this a four unit project. I really liked this one. </li>
<li>For a client on a low budget, we could simply cosmetically renovate the house and build a granny flat that could be relocated in the future so that the site could be used to its full development potential. This is what we call a stepping stone strategy.</li>
</ol>
We loves this type of development site as it offers so many options to our clients and the house will provide some cash flow during the development phase. These sites are about as rare as hens teeth and so we get a big buzz out of finding them.
Our clients who have taken this site, completed a three unit development with Property Bloom earlier in the year and have come back for more. Their plan is to get as many developments under their belt before starting a family. They are both in well paid jobs and can take advantage of the depreciation benefits.
Our challenge now is to see if we can convince council to allow us direct vehicle access to the laneway. Our back up plan is to run the driveway to the front street as this will still work, but our goal is to optimise this development.
Watch this space and I'll let you know how we go.
<a href="https://www.propertybloom.com.au" target="_blank">www.propertybloom.com.au</a>
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