Longstanding Gold Coast developer Raptis has acquired a prime development site on Surf Parade for its next Broadbeach apartment project.

Progressing towards completion of <a href="https://www.apartments.com.au/new-apartments/the-sterling-broadbeach-6-8-george-avenue-broadbeach-qld-4218">The Sterling Broadbeach</a>, 90 apartments on nearby George Avenue, <a href="https://www.apartments.com.au/developers/raptis">Raptis</a>, led by second-generation family man Evan Raptis, has picked up a block on the corner of Surf Parade and First Avenue.

The site had been earmarked for a luxury apartment project with 33 full-floor apartments across a 37-storey tower. Raptis will go back to the drawing board and create a building more appropriate for the site. The development application will be lodged later this month.

Evan Raptis told Apartments.com.au the site ticks all the boxes.

"Broadbeach is a suburb we've developed several buildings over the years. Surf Parade ticks all the boxes for the type of apartment development we want to deliver."

Raptis had several pre-lodgement meetings with council to ensure they are aligned in the development.

<img alt="Raptis" data-entity-type="file" data-entity-uuid="f0d58573-07a4-47a8-9f5e-fbf35fb03dc3" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-03-05%20at%204.58.23%E2%80%AFPM.png?VersionId=iczZEd_4_o4UL0PHMPJGfy_q3tv96J5i" />

Surf Parade has emerged in recent years as one of the most popular streets in Broadbeach for development.

South East Queensland developer Mosaic Property Group kicked it off with Marella by Mosaic. Bassar Group sold out Infinity on the street, while for its&nbsp;first Gold Coast development, Polycell grabbed a Surf Parade site for <a href="https://www.apartments.com.au/new-apartments/the-rochester-broadbeach-143-surf-parade-broadbeach-qld-4218">The Rochester</a>, which is nearly sold out.

Melbourne-based developer Hirsch &amp; Faigen recently launched its fourth Gold Coast project on the exclusive strip. The Eveleigh Broadbeach will have 100 apartments across a 31-storey building designed by Rothelowman.

GV Property Group site development specialists Antonio Mercuri and Luke Reaby, who both amalgamate sites and sell shovel-ready sites to developers up and down the Gold Coast, sold Surf Parade to Raptis.

Joel Robinson

Raptis secures prime Surf Parade site for next Broadbeach apartment development

Less than two years after breaking ground, Gardner Vaughan Group is celebrating the topping out of Bask, its second development in the exclusive coastal enclave of Bokarina on Queensland’s Sunshine Coast.&nbsp;

Located only minutes from the beachfront, the two seven-storey luxury apartment towers, known individually as Mydas and Caretta, offer a selection of one-to-four-bedroom residences with views of Lake Kawana, the Glasshouse Mountains, and Bokarina Beach.&nbsp;

[smartcode_project:default project_id=141609 project_image_fid=333359]

Gardner Vaughan Group Commercial Director Sam Gardner said the milestone marks the home stretch for construction, with first residents expected to be able to move in from Spring 2026.&nbsp;

“This is a significant milestone in bringing this development to life and represents our confidence in this region’s long-term growth and appeal,” Gardner said.&nbsp;

“With 85 per cent of apartments already sold, buyers are joining an established, coastal village that offers the very best of the Sunshine Coast – seasonally patrolled surf beaches, renowned restaurants, and links to established health and retail.&nbsp;

“The final collection of three- and four- bedroom apartments range in size from 127sqm to 300sqm, each with two or three secure car parks and storage, and with construction fast approaching completion we don’t expect the last few apartments to remain on the market for long.”&nbsp;

[smartcode_project:default project_id=141609 project_image_fid=333362]

Local restaurateur Luke Stringer, who co-owns and manages the award-winning Bocca Italian and Playa Mexican restaurants in Bokarina, has lived in the beachside suburb for 18 months and worked there for more than three years, and said the beachside suburb was thriving.&nbsp;

“It’s fair to say Bokarina is finally stepping into the sun and there’s a lot to love about the place,"&nbsp;Stringer said.

"It’s such a great community, where you see the same smiling faces every morning and everything’s within easy reach – it’s the perfect hub in the middle of the Sunshine Coast.

“When we first opened Bocca Italian, we were the lone restaurant, but it’s been amazing to see how the area has grown. The more venues that open, the busier it gets for everyone. When Playa Mexican opened its first Saturday night, Bocca had a record night and Playa was packed too, which blew us away how everyone is thriving.&nbsp;

“There’s a great energy around the place now, and people are really embracing Bokarina as a food and lifestyle destination.”&nbsp;

[smartcode_project:default project_id=141609 project_image_fid=363368]

Stringer joined other buyers at Bask Bokarina and the Gardner Vaughan Group team to celebrate the topping out at a special event in February.&nbsp;

Located in Kawana Waters, midway between Caloundra and Maroochydore, Bokarina locals enjoy scenic walking paths around Lake Kawana, playgrounds, beachfront boardwalk and parklands, alongside all the convenience of a masterplanned beachside community.&nbsp;

“You see people jogging or swimming in the morning, then grabbing coffee at the cafes, people are really embracing the area and all this growth is bringing more people to Bokarina,” Stringer added.&nbsp;

To take advantage of the vistas, each of the 135 apartments at Bask is designed with full size windows and high ceilings that provide an abundance of natural light.&nbsp;

Prices for the remaining three-bedroom apartments start at $1,599,000 and four-bedroom apartments start at $3,149,000.&nbsp;

[smartcode_project:default project_id=141609 project_image_fid=363369]

The mixed-use development also features ground-level retail space for cafés, dining options and boutiques, including the soon-to-be-opened ‘Corner Shop’, by the team behind Noosa’s well known ‘Organika’.

Sam Gardner said Gardner Vaughan Group’s 37-year history building and developing across South East Queensland has contributed to the success of its second development in Bokarina, which follows the recently completed Zinc Apartments.&nbsp;

“We care how people live and this is reflected in the way we approach the design and delivery of every development,” he said. “Furthermore, as a builder-developer we have full control over the construction program and our 100 per cent completion rate is something people can draw confidence from.”&nbsp;

Founded by civil engineers Guy Gardner and Darryl Vaughan in 1989, the family-owned business has evolved from a consultancy firm to an award-winning builder-developer, with projects across the Sunshine Coast, Moreton Bay, Brisbane and the Gold Coast.

[smartcode_project_cta:default project_id=141609]

Gardner Vaughan Group tops out Bask Bokarina apartments

Prolific Melbourne developer <a href="https://www.apartments.com.au/developers/hirsch-faigen">Hirsch &amp; Faigen</a> has launched its fourth new Gold Coast development in as many years.

<a href="https://www.apartments.com.au/developers/hirsch-faigen">Hirsch &amp; Faigen</a>, led by Daniel Faigen and backed by Eddie Hirsch, co-founder of United Petroleum, has unveiled The Eveleigh, on a prime 1,100 sqm site at 7-9 Surf Parade in the heart of Broadbeach.

<a href="https://www.apartments.com.au/new-apartments/the-eveleigh-broadbeach-7-9-surf-parade-broadbeach-qld-4218">The Eveleigh</a> will deliver 100 apartments across 31 levels, making it the company’s largest Gold Coast project to date. It builds on the success of its three earlier developments, <a href="https://www.apartments.com.au/buildings/hemingway-1267-1273-gold-coast-highway-palm-beach">The Hemingway in Palm Beach</a> and <a href="https://www.apartments.com.au/buildings/emerson-kirra-100-musgrave-street-coolangatta">The Emerson at Kirra</a>, both completed, and <a href="https://www.apartments.com.au/new-apartments/yves-mermaid-beach-7-9-mermaid-avenue-mermaid-beach">Yves Mermaid Beach</a>, which is nearing completion.

[smartcode_project:default project_id=149670 project_image_fid=360966]

The announcement of The Eveleigh affirms the company’s sustained confidence in the Gold Coast market which continues to remain undersupplied. It also increases the value of Hirsch &amp; Fa​igen’s Gold Coast development portfolio to more than $700 million since the company first entered the market in 2021 with Hemingway.

The company has enlisted its preferred architecture firm Rothelowman to design The Eveleigh, which will offer a thoughtfully curated lifestyle, including a substantial wellness precinct, communal recreation areas, children’s play spaces, work-from-home facilities, and shared lounge and dining areas.

[smartcode_project:default project_id=149670 project_image_fid=360965]

Designed for the prime market demographic of downsizers and interstate lifestyle investors in mind, The Eveleigh has been crafted to offer an increasingly rare blend of affordable luxury in a tightly held market. Uniquely positioned in the heart of the Gold Coast’s most sought-after lifestyle suburb of Broadbeach, the project will also boast uninterrupted beach and hinterland views.

The Surf Parade site is just a short walk to the bustling Broadbeach dining and retail precinct, Pacific Fair, The Star Gold Coast and convention centre, and an easy stroll to Kurrawa Beach and the recreational amenity of Pratten Park on the Broadbeach foreshore.

[smartcode_project:default project_id=149670 project_image_fid=360975]

“We’re excited to be proceeding with our fourth project on the Gold Coast in what is certain to become the new luxury precinct in Broadbeach,” says Anthony Bueti, the CFO of Hirsch &amp;a​mp; Faigen and a shareholder of the group.

“With the likes of Mosa​ic and Abedian &amp;a​mp; Co also launching quality projects in the area, the transformation will cement Broadbeach as the premier lifestyle and amenity suburb on the Gold Coast.

"After four years in the Gold Coast market, and with three successful projects completed, The Eveleigh is the product of everything we have learned to love about the Gold Coast and it will be an incredible addition to our growing portfolio in one of the most vibrant property markets in the country. We continue to remain very confident in the high-end Gold Coast property market.”

Urban Activation Director Matt George is handling sales for The Eveleigh, having sold out The Emerson, The Hemingway, and Yves, all before construction was completed.

Melbourne builder MAXCON has already commenced construction on The Eveleigh. They are forecasting a mid-2028 completion.

[smartcode_project_cta:default project_id=149670]

Hirsch & Faigen unveils The Eveleigh in Broadbeach

Two years after securing development approval for the final stage of its award-winning Thornton Precinct on the doorstep of Penrith Station, Urban Property Group is set to launch <a href="https://www.apartments.com.au/new-apartments/mayfair-on-penrith-172-lord-sheffield-circuit-penrith-nsw-2750">Mayfair on Penrith</a>, around 400 apartments designed to reflect two of Sydney’s most iconic structures.

The builder-developer has continued refining the design plans for the two-building development on a significant 8,280 sqm site on Sheffield Circuit, recognising the importance of the prime parcel as one of the closest developable sites to the station.

UPG enlisted architecture firm SJB to design the project. The team said they drew inspiration from both the General Post Office in Martin Place and East Circular Quay to help shape the design. The two-level colonnade, in particular, reflects the famous GPO building, which dates back to the 1860s.

[smartcode_project:default project_id=136726 project_image_fid=362014]

There will be one-, two-, and three-bedroom apartments on offer, with interiors by Cox Architecture. Residences will sit above a retail podium featuring hospitality and lifestyle operators such as One Playground and Volcano’s Steakhouse, contributing to an activated ground plane within the broader Thornton precinct.

A communal rooftop with a pool and views towards the Blue Mountains will provide shared open space for residents. The development is positioned between Ron Mulock Oval and Westfield Penrith, with the Nepean River and Great River Walk also nearby, placing daily amenity and green space within walking distance.

&nbsp;

[smartcode_project:default project_id=136726 project_image_fid=362015]

Mayfair is being delivered by Urban Property Group, a family-owned developer and builder with nearly 40 years’ experience across Sydney. The project will be the first in Penrith to be offered with Resilience Insurance’s 10-year Latent Defects Insurance (LDI) policy, which Urban Property Group has adopted across a number of its recent developments. The developer also has a 4.5-star iCIRT rating, one of the best ratings in market providing further confidence to buyers.

Urban Property Group CEO Patrick Elias said providing additional assurance to off-the-plan buyers has become increasingly important.

“Anything we can do to give confidence in our product is a plus,” Elias told Apartments.com.au.

“Consumers are a lot more weary and a lot more concerned in buying off the plan than they ever have been. They’re making their single large investment, which is their home, and providing confidence is something that we feel is paramount.”

[smartcode_project:default project_id=136726 project_image_fid=362020]

The LDI policy provides a 10-year warranty covering structural defects, with independent inspections carried out during construction and protection for owners if defects arise post-completion.

Mayfair represents Urban Property Group’s sixth and final development within Thornton, consolidating the masterplanned precinct immediately east of the station.

The developer, which builds its own projects, has already commenced construction. SRM Residential is handling the sales campaign.

[smartcode_project_cta:default project_id=136726]

Urban Property Group to close the curtain on award-winning Thornton precinct with Mayfair on Penrith release

Investor appetite for Queenstown apartments is strengthening as supply constraints and four-season tourism continue to underpin demand across the alpine region.

In Frankton’s masterplanned Remarkables Park precinct,&nbsp;<a href="https://www.apartments.com.au/developers/safari-group">Safari Group</a>’s 141-apartment Mountain Oak development is attracting repeat and yield-focused buyers seeking exposure to that market dynamic.

Brandon, who specifically targeted Queenstown as an investment location, said the combination of price point and limited new supply made Mountain Oak stand out.

“It is a quality product in a location that struggles to densify,” he said, referencing Queenstown’s land-locked geography and development limitations.

<img alt="From slopes to markets: Mountain Oak connects residents to the best of Queenstown" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_auto/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/658d4f_48c3ec1ae5df4a2cab7d23c07c7f51b3~mv2.jpg?VersionId=27K8oQ4ExDN8Yu70VHDa9Olq59XU36m3" />

Having spent significant time in the region, Brandon pointed to its global reputation and consistent visitation as key fundamentals.

“Queenstown is a known destination from people all over the world. The place is land locked and there are issues building there. It’s also busy all year round.”

That four-season economy, driven by skiing and snowboarding in winter and hiking, cycling and water-based tourism in summer, was also central to Sherry’s decision to invest.

“I believe the four-season tourism has major appeal as it would ensure that the property will not remain empty, unlike other areas in NZ,” she said.

<img alt="From slopes to markets: Mountain Oak connects residents to the best of Queenstown" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_auto/https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/313_Living_WEB.jpg?VersionId=3LglY20Jp_MAzQYdvwODRWvtjL.cZcqI" />

Mountain Oak has been structured to respond to that sustained demand, with 365-day visitor accommodation consent underpinning a mix of one-bedroom, flexi, two-bedroom and dual-key configurations that can operate as either short-term visitor accommodation or long-term rental housing. Dual-key apartments comprise two self-contained residences on one title, allowing owners to generate dual income streams or occupy one side while leasing the other.&nbsp;

Under Safari Group’s optional visitor accommodation management model, owners receive 60 per cent of the annual income generated by their apartment, with 24/7 on-site management, guest services and listing exposure included. Independent appraisal modelling suggests gross yields of up to 15 per cent for certain two-bedroom configurations, based on estimated nightly rates and occupancy assumptions.

For Brandon, that flexibility aligned with his broader investment strategy.

“It helps to know that I can have it managed either way,” he said. “My focus is on purchasing high yield cashflow properties.”

<img alt="Investors back Safari Group’s Mountain Oak Apartments as Queenstown’s four-season economy drives demand" data-entity-type="file" data-entity-uuid="c786ba7f-f974-4ce3-9833-1bcd9f2938d6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/658d4f_ae3c049f388f4c13bf801649d91cbb4a~mv2%20%281%29.jpg?VersionId=J25uvzGdvtFaXGzuwz28ewJ9wWzbtvur" />

He selected a one-bedroom flexi configuration, citing both yield and adaptability.

“I work remotely and can travel to most places and work. I enjoy making spaces that work for the lifestyle that I live and it seems that others also enjoy it.”

Ranging from 54 to 57 square metres, the one-bedroom flexi incorporates a separate multipurpose room suited to a home office, additional storage, or accommodation for ski gear and seasonal equipment, an increasingly relevant inclusion for buyers balancing remote work and alpine travel.

Interiors feature underfloor heating in bathrooms and a heat pump in the main living area, supporting year-round comfort. Upper-level apartments are positioned to maximise natural light, with sliding windows and balustrades in select residences enhancing outlook and ventilation. Units are available in both light and dark interior schemes.

<img alt="Investors back Safari Group’s Mountain Oak Apartments as Queenstown’s four-season economy drives demand" data-entity-type="file" data-entity-uuid="8f9492e9-8ee0-4aae-856c-8996ed9d9a06" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/658d4f_7d066f5200024c1aa472d01e2dc776ed~mv2.jpg?VersionId=MLR5xn6fLqPdBi7vxyRT.1zhQX3Ln0Ev" />

Sherry, a repeat Safari Group buyer, said her previous experience with the developer provided confidence to secure another apartment.

“Their developments have always finished on time, the quality has been high, and I didn't feel that my investment may be at risk,” she said. “Knowledge of the developer and our two existing Safari apartments gave us the confidence to proceed with this one.”

Safari Group has delivered more than 2,000 hotel units and residential apartments nationally and is now undertaking its fifth Queenstown development, reinforcing buyer confidence in delivery capability.

Although Sherry was not initially targeting Queenstown due to its price profile, prior visits reshaped her view of the market.

“I absolutely love this region and believe it is a major tourist attraction, which led me to the decision to invest.”

<img alt="How Mountain Oak Apartments draws holiday home buyers to Queenstown" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_auto/https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_auto/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Ext_Cam15_Sunny.jpg?VersionId=SJAROUM_1s.Tr5ciMk4EEj5oAt_Vewmv" />

Construction commenced in June 2025, with completion anticipated by mid-2027. Apartments are priced from NZ$639,000, and the development carries Overseas Investment Office exemption approval, allowing non-residents to purchase.

For both investors, the purchase represents a balance of income generation and long-term portfolio positioning in a tightly held alpine market.

“I firmly believe my investments in Safari developments are a combination of all these elements,” Sherry said. “The location of this project enabled me to diversify.”

As Queenstown continues to attract year-round visitation alongside constrained housing supply, Mountain Oak’s dual-key flexibility, optional on-site management structure and established developer track record are resonating with investors seeking exposure to the region’s resilient tourism economy.

Investors back Safari Group’s Mountain Oak Apartments as Queenstown’s four-season economy drives demand

North Shore

Award-winning, sustainable developer Stable Properties is set to take on a rare new development in&nbsp;one of Sydney’s most prestigious enclaves.

Stable, led by founding directors&nbsp;Ed Horton and Danny Flynn, have created a point of difference in the development space, looking to&nbsp;restore and redefine existing buildings and heritage properties.&nbsp;

Finalists in the Property Council of Australia’s Awards for Best Heritage Development, are seeking to recycle&nbsp;a dated mid-century red-brick building in the exclusive suburb of Kirribilli.&nbsp;

<a data-entity-type="file" data-entity-uuid="d329a7e8-497e-4b1a-b6c9-6e78f354a274" href="/new-apartments/waruda-kirribilli-20-22-waruda-street-kirribilli-nsw-2061"><img alt="Render of the Kirribilli development " data-entity-type="file" data-entity-uuid="d329a7e8-497e-4b1a-b6c9-6e78f354a274" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-11-29%20at%203.37.27%20pm_0.png?VersionId=ezYClbqMXYNWeKKqOpGHwegV5EmoxJi_" /></a>Render of the Kirribilli development on Waruda St.

Taking up a prime corner site at 20 Waruda Street, the project will look to keep in with the surrounding 20th Century Art-Deco architecture, with the current building kept intact, restored to provide a modern facade, along with additional and extended floorspace.&nbsp;

Designed by Nettleton Tribe, a clearly defined two-storey base forms a podium which integrates the steep sloping topography of the site, along with defining the public domain and improving the streetscape character.&nbsp;

Seven whole-floor, three-bedroom apartments will be delivered across the project, with each residence generously proportioned, spanning 233 sqm.&nbsp;

Each of the apartments will feature solar panels, battery storage and EV chargers, making it one of the first sustainable high-density development, with next generation smart technologies set to be included as well.&nbsp;

Oriented and designed to maximise on the sweeping southern views, each residence will extend to expansive balconies which take in the Sydney Harbour, The Opera House, the Sydney CBD and the Harbour Bridge.

“This size of apartments, together with their quality and sustainable characteristics, is rare and as a result, will add further to the product diversity in this precinct, supporting identified demand,” Nettleton Tribe said in their application plans.&nbsp;

<a data-entity-type="file" data-entity-uuid="dc17336a-9ef1-4602-a8b8-ffc3b1668506" href="/new-apartments/waruda-kirribilli-20-22-waruda-street-kirribilli-nsw-2061"><img alt="Render of the Kirribilli development on Waruda St with views to Sydney Harbour" data-entity-type="file" data-entity-uuid="dc17336a-9ef1-4602-a8b8-ffc3b1668506" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-11-29%20at%203.38.02%20pm.png?VersionId=6JoptRSu7MVN37727qVvKSz9Hr8idYB5" /></a>Render of the Kirribilli development on Waruda St with views to Sydney Harbour.

“Demand for large three-bedroom-plus apartments, to replace impressive family homes, particularly from the Upper North Shore, is growing and market availability is rare and limited.”

“These apartments will fill this gap and add to apartment diversity within the immediate area.”

The proposed architectural language, being conscious of the sensitivities within the Heritage Conservation Area of Kirribilli, is contemporary with an emphasis on simple expression of forms and materials.

A layering of elements add texture and visual interest to the facade, while a considered palette creates a juxtaposition to the adjacent buildings.&nbsp;

Previously Stable developed The Burcham in Rosebery, the regeneration of the old Wrigley’s factory.

[smartcode_project_cta:default project_id=136999]

Stable, led by founding directors Ed Horton and Danny Flynn, have created a point of difference in the development space, looking to restore and redefine existing buildings and heritage properties

alisonwarters@gmail.com

First look: Stable Properties lodge plans for new Kirribilli apartments

Neutral Bay's busy intersection of Military Road and Wycombe Road is set to see a new shop top apartment project.

A company associated with Jim Simons, the director of project management firm Eastview, has submitted plans for the six-storey shop top development, designed to fit into the North Shore Future Directions Policy, which seeks to activate the Neutral Bay Town Centre with increased pedestrianisation, retail, and commercial offerings.&nbsp;

Just 21 apartments will be on offer across the $24.5 million project, which will have two retail tenancies on the ground level.&nbsp;

Design practice EM BE CE have handled the plans for the development, which will be made up of 15 two-bedroom apartments, four of which will have a study, and six three-bedroom apartments, two of them being large penthouses.&nbsp;

Three levels of basement parking will include 25 car spaces for residents, as well as four motorbike spaces and bicycle parking within the resident’s storage area.&nbsp;

The existing streetscape character is a mixture of two storey shop-top retail, with larger four and five-level apartment buildings.

&nbsp;

<a data-entity-type="file" data-entity-uuid="768a0fbb-b2e4-4bb8-aab8-af3c347c32e5" href="/new-apartments/neutral-bay-nsw-2089"><img alt="Neutral Bay" data-entity-type="file" data-entity-uuid="768a0fbb-b2e4-4bb8-aab8-af3c347c32e5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202022-11-17%20at%201.51.21%20pm.png?VersionId=QNHZlm8fBN9gw5QKLtPCxLPZg9iy80dN" /></a>

"Designed to respect the surrounding streetscape, the proposed development will match the existing street walls, with bricks utilised throughout the three-storey podium," the Design Verification Statement by EM BE CE read.

"Above the podium, the top two levels are setback from the street, minimising solar impacts, and reducing the visual bulk and scale, while the upper levels utilise a lightweight metal materiality, contrasting the heavy masonry base, and allowing the top floor to be more visually recessive

EM BE CE noted that due to&nbsp;the site’s positioning along a high-traffic road, with a high-level of vehicle noise, apartments have been designed with enclosed winter gardens, which allow residents to enjoy the north-facing aspect, while being sheltered from the street.

"The number of dual aspect apartments are optimised whilst maximising significant views to the harbour, while planters help to soften the space," the design studio noted.

The majority of apartments also include a study nook or study room, to provide residents a place to use when working from home, something especially important in a post-COVID workforce.&nbsp;

Residents will have access to a communal parcel drop-off room, which includes a cold room section, while the nearby Mary Gibbs Plaza and accompanying park will provide a local connection to green open space within the development, with a number of larger public green spaces within a 10-minute walk, including Forsyth Park and Ibery Reserve.&nbsp;

[smartcode_project_cta:default project_id=136730]

Just 21 apartments will be on offer across the $24.5 million project, which will have two retail tenancies on the ground level

First look: Shop-top apartments planned for Neutral Bay village

Plans for Capital Corporation’s apartment project on the site of the Seventh-day Adventist Church site, Wahroonga Estate, have been given the green light by Ku-ring-gai Council.&nbsp;

Lodged on behalf of the Adventist Church, the plans were approved for&nbsp;136 - 144 Fox Valley Road, following extensive planning, community engagement and modification.

<img alt="Render of the proposed apartment building at Wahroonga Estate " data-entity-type="file" data-entity-uuid="17db0d75-bdc8-447c-95df-ed7e26045dc0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Wahroonga%20Estate_View_03.jpg?VersionId=f1_7KBhs9OC_c0d_cyN3gwbC7c9UAL05" />Render of the proposed apartment buildings at Wahroonga Estate.&nbsp;

Set to form an integral part of the regeneration of the 64.2-hectare site on Sydney’s North Shore, 177 apartments will be delivered across four low-rise buildings.&nbsp;

Designed by architectural consultancy firm, GroupGSA, the energy-efficient buildings aim to be visually interesting, contemporary and sympathetic to the surrounding area, with the building’s interiors also benefiting from designs by Coco Republic.&nbsp; 
&nbsp; 
Ranging from four to six-storeys, the buildings will be constructed across two stages, with 143 apartments set for the first stage and an additional 34 in the second.&nbsp;

26 one-bedroom, 95 two-bedroom and 56 three-bedroom apartments will be delivered across the project, with a new two lane access road set to be built as well, providing an entry point to a shared basement.

The apartments will be located within the approved concept plan’s building envelope, just off Fox Valley Rd, with the DA approval coming 12 years after the State Government approved a Part 3A plan for the site, which included the expansion of the Sydney Adventist Hospital and a range of residential, commercial and higher education developments.&nbsp;

<img alt="Render of the proposed apartment building at Wahroonga Estate " data-entity-type="file" data-entity-uuid="f6d0effb-9ab0-4fda-9a2b-2b3df2b118a3" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Wahroonga%20Estate_View_04.jpg?VersionId=FC5lTQiQTiq9dmlUuY0q0ckrQBkO7LlL" />Render of the proposed apartment buildings at Wahroonga Estate.

The entire Wahroonga Estate is divided into five neighbourhoods and includes 31.4 hectares of environmental conservation land.

Jim Hunter, Director of Capital Corporation, said the planning process was inclusive of the Council and community feedback to ensure the needs of the local area were met.&nbsp;

“The project has been years in the making. We carefully considered feedback from the community and made many amendments in response,” Hunter said.&nbsp;

“The collaborative approach we took with Council and the community ensured we are delivering a plan that meets the needs of the local community and this was evident in the amount of feedback received.”&nbsp;

A review of initial plans resulted in the reconfiguration of the residential development’s footprint, along with the addition of landscaping and open space.&nbsp;

&nbsp;“We are thrilled with the result and we are excited to bring this project to market in early 2023,” Hunter added.&nbsp;

<img alt="Render of the proposed apartment buildings at Wahroonga Estate" data-entity-type="file" data-entity-uuid="20af84a5-79d1-4293-9633-a6c56ab81a18" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Wahroonga%20Estate_View_02.jpg?VersionId=heKTii97LHAbm7dq8vBesCP8NEG4INYj" />Render of the proposed apartment buildings at Wahroonga Estate.

The proceeds from the development will also unlock funding for reinvestment into facilities, new educational hubs and other community assets within the Wahroonga Estate precinct.&nbsp;

Established in 1991, the Australia-owned Capital Corporation established themselves amongst the Sydney development scene as one of the pioneers of the Norwest Business Park, completing 47 buildings within the precinct.&nbsp;

The group has also recently completed a string of developments including the Esplanade in Norwest, Parklands Estate in Rouse Hill, Veridian in Kogarah, along with Stages One, Two and Three at the $1 billion Woolooware Bay Town Centre in the Sutherland Shire.&nbsp;

The entire Wahroonga Estate is divided into five neighbourhoods and includes 31.4 hectares of environmental conservation land.

Capital Corp given green light for Wahroonga Estate apartments 

Cammeray is set for a new boutique apartment development.

The newly formed development firm ARCH is&nbsp;behind the&nbsp;plans for the&nbsp;four-storey apartment building at&nbsp;18 Vale Street.

Dubbed Millervale, due to its location&nbsp;on the corner of Miller and Vale Street, the project will comprise just eight, three-bedroom apartments across the striking building.

&ldquo;We are very excited for our first project Millervale,&quot; ARCH&#39;s Marcus Hinzack told Urban.

&quot;It ticks all our strategic goals of being in a great suburb with high levels of amenity, close to the local village and nature walks and very well connected to the rest of Sydney.

&quot;ARCH are going to hang our hat on putting design, both aesthetics and functionality above all else, and we were very careful to select a like minded architect DKO who share our values,&quot; Hinzack added.

<a href="/new-apartments/millervale-18-vale-street-cammeray"><img alt="" height="1158" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-05-25_at_2.30.24_pm.png" width="2008" /></a> 
Perspective view looking north from Vale St. Image credit: DKO

&quot;As a team we spent a lot of time researching Cammeray and taking a lot of the design cues and understanding the local vernacular of the surrounding homes to create a contemporary apartment building that also nods to the history of the suburb and sits very well in its context&rdquo;.

Early in the design process, the landscape and built form character of Cammeray was analysed by ARCH and architecture firm DKO. From this a Cammeray character &ldquo;kit of parts&rdquo; was developed, including palettes of materiality, colour, texture and architectural features, forming the basis of the architectural and landscape concepts.

ARCH noted in there development application a key driver for the project was to develop a strongly site-derived proposal, which reflected the unique attributes of the area to strengthen local identity despite its continuing densification.

Millervale will&nbsp;replace the existing three-houses on the amalgamated 902 sqm site. The scale of the building is in keeping with the older walk-up style apartment buildings in proximity to the site.

DKO Senior Associate Sonny Oh noted in the design statement submission that&nbsp;the role of DKO&rsquo;s architecture is to mediate between the past, present and future of the site and surrounds.

&ldquo;The dwelling size and mix is in response to the demographics of the area and a market demand for larger apartments, which offer an alternative to detached or semi-detached dwellings,&rdquo; Oh wrote.

<a href="/new-apartments/millervale-18-vale-street-cammeray"><img alt="" height="1150" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-05-25_at_2.28.12_pm.png" width="1336" /></a> 
Perspective view of pedestrian entry on Vale Street. Image credit: DKO

Offering open and light spaces, the apartments have considered ventilation, outlook, solar access and storage, further responding to the market needs.

The landscaping is a key component of the design, and has been sought to be integrated throughout the built form to contribute to the existing landscape character of the area as well as providing significant amenity to the future residents and neighbouring residents of the site.

Millervale will be part of the growing suburb of Cammeray, in the leafy Lower North Shore area.

Within close proximity to the Local Centre of Cammeray and Cammeray Square shopping centre, residents will benefit from a variety of everyday services and hospitality offerings, all within a five-minute walk. It is also situated adjacent to Cammeray public school, and Norths Cammeray Club, which is also within a five-minute walk.

Bus stops directly adjacent to the site along Miller street provide access to public transport to Chatswood, Crows Nest, North Sydney and onto the CBD, while the surrounding context also has a range of open space and recreational amenity, offering a diversity of passive and active spaces.

Dubbed Millervale, due to its location on the corner of Miller and Vale Street, the project will comprise just eight, three-bedroom apartments across the striking building.

First look: ARCH lodges plans for Millervale, Cammeray apartment development

Arcadia is among&nbsp;Lane Cove’s most coveted new addresses, combining bushland panoramas with sophisticated architectural designs.

Never to be built-out natural vistas create a green backdrop to the apartment development, nestled at the doorstep of the bushland reserve along Stringybark Creek.

Delivered by DASCO, Arcadia features&nbsp;69 one, two and three-bedroom residences across three individual buildings.

[smartcode_project:default project_id=6912 project_image_fid=153922]

Diverse floorplans feature a range of offerings, including double-storey layouts, studies, media spaces, while select three-storey, terrace-style residences feature their own private entrances.

Floorplans extend up to 227sqm, making these apartments more than $800,000 cheaper than a similar-sized, free-standing home in the area.

[smartcode_project:default project_id=6912 project_image_fid=153921]

Arcadia focuses on alfresco living, with generous private terraces, courtyards and sun-soaked balconies providing a sublime setting for relaxing and entertaining outdoors.

Inside, living spaces are roomy and airy, graced with top-quality Italian ILVE appliances, stone benchtops, a smart home system and floor-to-ceiling windows.

[smartcode_project:default project_id=6912 project_image_fid=153912]

Residents can choose between two considered colour schemes. The stylish lighter and darker colour palettes, Sunrise and Sunset, allows buyers to personalise their surroundings to suit their taste.

Lane Cove lies within one of Australia’s top 10 most advantaged Local Government Areas, according to the Australian Bureau of Statistics.

[smartcode_project:default project_id=6912 project_image_fid=153916]

Located close to several major centres including the Sydney and North Sydney CBDs, Macquarie Park and Chatswood, its convenience is a major drawcard.

A number of infrastructure and community projects and upgrades have helped to transform the suburb and its village, which has become a popular and diverse destination in its own right.

These include an upgrade of Lane Cove Plaza and the opening of The Canopy, poised to become Lane Cove’s premier dining and shopping destination.

[smartcode_project:default project_id=6912 project_image_fid=153925]

Central and convenient, Arcadia enjoys easy access to the area’s many attractions and amenities. It is located a 4-minute walk from the nearest bus stop on Centennial Avenue and a 12-minute bus ride to Chatswood.

The CBD lies within a 15-minute drive from the residence and premier education institutions are within close proximity, including Lane Cove and Lane Cove West Public Schools, St Ignatius’ College Riverview and Macquarie Uni.

“We are thrilled to bring our signature quality, vision and lifestyle focus to beautiful Lane Cove and deliver a product that we know will resonate with style-conscious buyers”, DASCO director Salim Nicolas said.

[smartcode_project:default project_id=6912 project_image_fid=153917]

Arcadia delivers a lush living experience to a range of buyers, and the lush surrounding treescape ensures a feeling of peace, tranquillity and seclusion rarely found in urban living.

[smartcode_project_cta: project_id=6912]

A number of infrastructure and community projects and upgrades have helped to transform the suburb and its village, which has become a popular and diverse destination in its own right.

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Arcadia, the Lower North Shore apartments attracting families and investors

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The Willoughby headquarters of the Nine Network is about to hit the market.
The LEPC9 joint venture which consists of Sydney-based property group and funds management company Lotus Group and Hong Kong-based global property group Euro Properties is behind the sale.
The three hectare, mixed-used development located on Artarmon Road in Sydney’s lower north shore has been ‘Masterplan Approved’.
Designed by architects CHROFI, the site currently includes approval for 460 apartments across nine buildings ranging in height from four to nine storeys, as well as public piazzas and open green space.
Channel Nine will remain the tenant until late 2020.
Euro Properties Executive Director Jeff Chan said: “Since the joint venture acquired the site in August 2015, we have added considerable value in developing the masterplan and working with the award-winning architects, CHROFI to conceive this highly sophisticated concept plan for the site.” 
“LEPC9 has had numerous advances from prominent groups and has resolved to take the site to market now that significant value has been added to the site through the uplift in density with a new masterplan including improvements in overall layout as well as new connection to the nature reserve.”
Colliers International National Director, Development Sites, Residential, Guillaume Volz said they expect a hot contest amongst big development groups.
 “A lot of developers have either held off buying waiting for better market conditions or have not found suitable sites to acquire,” Volz said.
“This prudent approach has however led to many companies facing a gap in their development pipeline.
“We have seen evidence of increasing confidence as there have been several direct approaches for the Channel Nine site particularly from those developer interest is increasing with developer’s looking to restock for 2020 and beyond.
“The location and the fact the site is masterplan approved allows groups to put their mark on the development and to take it forward.
“Significantly, with Channel Nine still tenanting the site until late 2020, the site remains cash-flow positive.
“Furthermore, the supply wave of apartment sites in Sydney has dramatically dropped and there is significantly less supply coming into the market until 2021/2022.”
Volz said Colliers International planned to present this opportunity to developers overseas as well as the local market. 
“Willoughby is grossly underdeveloped and therefore perfectly placed to capture improving buyer sentiment, particularly in the highly desirable lower north shore,” Volz added.
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Channel Nine's Willoughby HQ site comes to market

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A development site with approval for nearly 100 apartments in Sydney’s North Shore has been listed for sale through Savills.
The site at 2-8 Pymble Avenue and 2-4 Everton Street, Pymble comes with Development Approval for residential located within one of Sydney’s prestigious north shore suburbs.
According to Savills, the influx of residential development sites for sale throughout Sydney has surged in the past 12 months, but the Pymble site with 7,879 sqm area already comes in with all the approvals. 
This site currently encompasses a consolidated single registered title of land containing three existing detached single and double storey dwellings. 
The property is zoned R4 High Density Residential under the Ku-Ring-Gai LEP 2012 with a height limit ranging between 11.5 and 17.5 metres and a blended FSR of 1:1.
The site is DA approved for the construction of 98 oversized residential apartments and 1 x 100sq m ground floor neighbourhood shop together with basement parking for 156 vehicles. 
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/09/20/Pymble%20to%20CBD%20Marked%20Up%20Aerials2.jpg" alt="">
The DA Approved Gross Floor Area is 8,547sqm* and the site is perfectly positioned at the top of a ridge to capitalise on the views back towards the Sydney CBD and the Blue Mountains.
It is close to public transport. 
The marketing is being done by Neil Cooke, Stuart Cox and Johnathon Broome of Savills Australia.
“In 2017, the amount of DA approved sites for circa 100 apartments has completely dried up particularly in blue chip areas such as Pymble on Sydney’s North Shore,” said Neil Cooke.
He added that the Draft Construction Certificate has already been issued for the site, and it states that all Pre-CC Conditions of Consent have been satisfied, and confirms that only the payment of the standard contributions is required in order for the Construction Certificate to be immediately finalised.
Cox added that there was “excellent continuing demand for premium residential apartments” in this location as evidenced by the success of recent project campaigns released within Pymble and surrounding suburbs.  
The site is being offered through expressions of interest with the EOI closing on October 19.
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Site with apartment approvals in Sydney’s North Shore listed: Savills

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The North Shore office markets of North Sydney, St Leonards, Macquarie Park and Chatswood are reaping the benefits from an increase in domestic and offshore investment. 
Low interest rates, major new infrastructure and rising effective rentals underpin this investment demand, according to a new report by CI Australia on the North Shore.
Major new North Sydney CBD developments scheduled for completion in 2018/19 will pre-lease to major corporates and create an onflow of service tenants to North Sydney. B Grade rentals and values will rise due to stock withdrawals, says the report.
“A supercharging of densities and land uses will continue as the NSW government continues to focus on mixed-use development surrounding existing infrastructure,” says the report. 
The Sydney Metro project and improved road infrastructure will boost investment and consolidate the position of North Sydney and the North Shore markets as the essential elements of Sydney’s economic arc.
“Expect further downward pressure on yields for North Shore secondary assets as effective rental growth crystallises.”
<a href="https://www.propertyobserver.com.au/images/2017/03/10/NorthShoreInvestorType.png" target="_blank">Click to enlarge</a>
 <img src="https://www.urban.com.au/images/2017/03/10/NorthShoreInvestorType.png" alt="">
The Market 
The Sydney North Shore is a collection of four commercial markets located close to the Sydney CBD. 
The area extends from the Northern end of the Sydney Harbour Bridge through to major northern metropolitan areas, such as Macquarie Park. 
Characterised by its dynamic central core, The North Sydney CBD has historically been regarded as the focal point of the North Shore office market. However, in terms of total office space, it has been eclipsed by Macquarie Park, which now sits as NSW’s largest office market outside of the Sydney CBD. 
<a href="https://www.propertyobserver.com.au/images/2017/03/10/NorthShoreSummary.png" target="_blank">Click to enlarge</a>
<img src="https://www.urban.com.au/images/2017/03/10/NorthShoreSummary.png" alt="">
<a href="https://www.propertyobserver.com.au/images/2017/03/10/NorthShoreCommLeasing.png" target="_blank">Click to enlarge</a>
<img src="https://www.urban.com.au/images/2017/03/10/NorthShoreCommLeasing.png" alt="">
The North Shore area is an active environment for developers, investors and tenants seeking opportunities made available through its broad and diverse markets, offering a variety of size, use and growth potential. 
When combined, these four markets provide a total 2,295,907sqm of commercial office space. These include: 
1. North Sydney 822,496sqm 
2. Crows Nest/St Leonards 315,542sqm 
3. Chatswood 278,919sqm 
4. Macquarie Park (MP) 878,950sqm
<a href="https://www.propertyobserver.com.au/images/2017/03/10/NorthShoreCommStock.png" target="_blank">Click to enlarge</a>
<img src="https://www.urban.com.au/images/2017/03/10/NorthShoreCommStock.png" alt=""> 
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