One of the most significant beachfront projects ever proposed for the small suburb of Miami on the Gold Coast, has taken a major step forward.&nbsp;Monaco Property Group has secured approval for <a href="https://www.apartments.com.au/new-apartments/nalu-miami-122-marine-parade-qld-4220">NALU</a>, a $500 million development comprising just 45 ultra-luxury residences on the iconic former Nobby’s Outlook site.

Acquired by <a href="https://www.apartments.com.au/developers/monaco-property-group">Monaco Property Group</a> in 2024 for $70 million, the rare 7,238 sqm Marine Parade parcel boasts more than 80 metres of uninterrupted ocean frontage.

With approvals now secured, Monaco Property Group will move NALU into its delivery phase. The project has been designed by&nbsp;<a href="https://www.apartments.com.au/architects/bda-architecture">BDA Architecture</a>, who collaborated with&nbsp;<a href="https://www.apartments.com.au/landscape-architect/ldg-landscape-architecture">LDG Landscape Architecture</a> and <a href="https://www.apartments.com.au/interior-designers/tom-mark-henry">Tom Mark Henry Interiors</a>&nbsp;to create the low-rise building, its landscaping, and interiors.

<img alt="NALU" data-entity-type="file" data-entity-uuid="3fdf578e-7cc4-4b17-bbc2-ba853522a5d8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/122_Marine_Parade_002.jpg?VersionId=zFhJWVzX0jmCO.5iIIxNELImHesTjWS4" />

Residences will range from 237 sqm layouts to beachfront homes exceeding 1,400 sqm.

At the heart of the project is a 2,200 sqm lifestyle precinct with a bathhouse, fitness centre and resort-style pool, elevated by a concierge service.

Jonathan Grasso, Co-Founder of Monaco Property Group, said the council approval marks an exciting milestone for NALU, which will launch in Q1 2026.

“The project will now progress toward construction, working alongside our world-class collaborators to bring NALU to life," Grasso said.

“Our vision is to create a legacy project for the Gold Coast, one that not only honours the history of the site but also elevates its future, setting a new standard for coastal living in Australia. NALU embodies the pinnacle of design and location and will stand as an enduring icon of prestige and liveability.”

<img alt="NALU" data-entity-type="file" data-entity-uuid="6ae8545b-87ca-4dea-90ed-ac273ec6515d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Image7.jpg?VersionId=Wnmie4bu3x2WQonnG4Pwmh39NdZVKeOV" />

Originally developed in the 1970s as Nobby’s Outlook and later refurbished in 2019 as Nalu, the property has long held a place in the local community’s coastal identity. The new vision will build on this legacy, creating luxury residences that capture ocean views while fostering a lifestyle defined by wellness, connection, and ease.&nbsp;

Beyond its residential offering, NALU will deliver significant economic benefits to the Gold Coast through job creation and opportunities for local suppliers and contractors. Construction is anticipated to commence in early 2026, with completion expected in Q3 2028.

Joel Robinson

Monaco Property Group approved for $500 million NALU apartments on Miami beach

The most elevated residential tower in Palm Beach, <a href="https://www.apartments.com.au/new-apartments/corallo-palm-beach-5-palm-beach-avenue-palm-beach-qld-4221">Corallo</a>, has officially launched this week, however only a handful of buyers will have an opportunity to buy in to the 17-storey project.

The $200 million mixed-use project includes ground floor dining and retail and is considered so valuable its developer, <a href="https://www.apartments.com.au/developers/changfa-group">Changfa Group</a>, will be staging its release of one-, two- and three-bedroom apartments and penthouses to the market.

[smartcode_project:default project_id=112194 project_image_fid=806]

<a href="https://www.apartments.com.au/project-marketer/colliers">Colliers</a> International, Director, David Higgins, said the development’s location just metres from the beach on the corner of Palm Beach Avenue and the Gold Coast Highway influenced the sculptural design by the acclaimed Plus Architecture studio.

“<a href="https://www.apartments.com.au/developments/palm-beach-qld-4221">Palm Beach</a> locals understand the rare opportunity here at Corallo, particularly being the tallest building in the suburb and its proximity to the beach and local restaurants, and they’ve represented the bulk of pre-launch enquiries,” Higgins said.

“The orientation of the apartments captures views of the coastline from Surfers Paradise to Currumbin, and the diversity of floor plans and apartment types provide an exceptional level of choice.

“The first release includes just 59 one-, two and three-bedroom apartments and two half-floor penthouses, with flexible use designed to appeal to both owner-occupiers and investors."

&nbsp;

[smartcode_project:default project_id=112194 project_image_fid=799]

In addition to the ground floor amenity, residents will also have access to a private dedicated wellness level offering 734 sqm of resort-style amenities including a pool, cold plunge, wet deck, steam room, sauna, gym, day bed, fire pit, barbecue area, dining area and yoga/stretch deck.

The project is located within walking distance of Tallebudgera Creek, Burleigh Heads village, Currumbin Alley and Palm Beach Currumbin High School. The Gold Coast Airport is under 10 minutes away.

[smartcode_project:default project_id=112194 project_image_fid=814]

Higgins said Palm Beach remained a hotly contested suburb for home buyers, with prices doubling in the past five years.

“What makes Corallo so appealing to the local market is the diversity of apartment types and pricing, with one-bedroom apartments starting from $841,000 and two-bedroom apartments starting from $1.34 million,” he said.

“The ground floor retail and dining offering will further expand on Palm Beach’s village atmosphere and create a meeting place for locals, and those opportunities for connection are highly valued.”

&nbsp;

[smartcode_project:default project_id=112194 project_image_fid=807]

The on-site sales display, which includes a fully fitted kitchen, bathroom and bedroom, will be open until early works commence in Q1 2026. Each residence at Corallo will feature premium finishes including natural stone, artisanal brickwork, and warm copper accents.

Changfa Group has a two-decade history of delivering premium developments in Australia and internationally, having recently completed its collection of premium townhomes at Lyra, Hope Island, as well as apartment projects in Leichhardt, Carlingford, and Chatswood in New South Wales.

[smartcode_project_cta:default project_id=112194]

$200 million Corallo Palm Beach launches with limited apartment release

In a move that aligns with NSW's accelerated planning incentives for affordable housing, developer&nbsp;<a href="https://www.apartments.com.au/developers/the-one-collection">One Collection</a> has revised its Hills District apartment plans, and taken it to the NSW Government, to secure approval.

The developer, which is currently delivering Horizon Hurstville, is seeking to add 80 more apartments to its <a href="https://www.apartments.com.au/new-apartments/the-one-castle-hill-16-dawes-avenue-nsw-2154">Castle Hill development</a> near Castle Towers. They already have approval for 280 apartments across eight six-storey buildings.

<img alt="One Collection" data-entity-type="file" data-entity-uuid="b3c298ba-1cc5-4db7-9872-607c75f8ceca" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-10-13%20at%2010.19.22%E2%80%AFAM.png?VersionId=wN9KpFIu5ENSGZLLsaZgXQHrXcwEO3Vd" />

Now on the desks of the NSW Department of Planning is 360 apartments, 48 of which will be dedicated to affordable housing.&nbsp;Affordable housing is to be “fully integrated within the building and visually indistinguishable,” according to the planning submission.

The 15,697 sqm block, an amalgamation of 16 sites, spans across Dawes Avenue, Hughes Avenue, and Camdan Crescent, sits 550m from Hills Showground Metro Station.&nbsp;

"The existing context is quickly changing from free-standing homes into residential flat buildings in line with the Hills Showground Precinct planning framework," Place Studio noted.

<img alt="Castle Hill" data-entity-type="file" data-entity-uuid="3ec24948-c185-48fa-af8b-ed25adf302bf" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-10-13%20at%2010.19.04%E2%80%AFAM.png?VersionId=zNDX.IeRROX1RlDeYcS38xn8w_dqgU2t" />

They said the design was informed by the site's unique condition of having three street frontages and was developed to to respond sensitively to iots surrounding context.

"The design adopted a conventional perpendicular alignment to the primary street frontage. The massing of the development was carefully modulated to align with the evolving character of the neighbourhood. The design ensured that the scale was not excessive or out of context, but instead contributed to a cohesive urban form consistent with emerging developments in the area."

<img alt="Castle Hill" data-entity-type="file" data-entity-uuid="f83ffdaa-f960-469d-b6fe-abcece57c9ef" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-10-13%20at%2010.19.09%E2%80%AFAM.png?VersionId=4oKlCyfaKes7jLi1_EMoqa46w2h_YvDZ" />

The apartment mix will be 46 one-beds, 168 two-bed apartments, and 146 three-bedroom units, with 631 parking spaces proposed.

Along the street frontages, the building heights are four storeys with a 7.5 metre setback, and eight storeys with an 11.5 metre setback. It should cost about $150 million to build.

One Collection works hand-in-hand with the respected development and construction firm Masscon, which has built a reputation for leveraging its expertise in the built environment to take on developments others can't. That's what they're achieving at Horizon Hurstville, having taken over the project to deliver it.

First look: One Collection advances plans for Castle Hill apartments

At Yarra’s Edge, <a href="https://www.apartments.com.au/developers/mirvac">Mirvac</a>’s newest tower under construction, <a href="https://www.apartments.com.au/new-apartments/trielle-at-yarra-s-edge-docklands-16-point-park-crescent-docklands-vic-3008">Trielle</a>, sets a new benchmark for elevated living. Rising 45 storeys, 12.5 metres from the Yarra River, the landmark building offers residents access to a private wellness retreat and spa, a resident-only golf simulator, and an elegant lounge, dining and bar complete with a self-playing piano, all without ever having to leave home.

Now, that sense of elevation has reached new heights with the Aerus Sub-Penthouses, a limited release of half-floor riverfront residences on the Collins St axis where the sought-after street meets the Yarra River.

Each Aerus Sub-Penthouse, located across levels 42 and 43, represents the most expansive offering within Trielle, aside from the yet-to-be-revealed crowning penthouses. Spanning between 269 and 301 sqm, these residences are designed to capture natural light and uninterrupted views of the city skyline, Yarra River, and Port Phillip Bay.

[smartcode_project:default project_id=114216 project_image_fid=3784]

Among the collection are three-bedroom sub penthouses, complemented by a media room, and expansive four-bedroom layouts. All include panoramic living areas and oversized master suites with luxury ensuites reminiscent of a five-star hotel, complemented by dedicated dressing rooms finished in timber and natural stone.

The interiors have been crafted by <a href="https://www.apartments.com.au/architects/mirvac-design">Mirvac Design</a>, the developer’s award-winning in-house architecture and design team. Every material has been chosen for quality and longevity, from sculpted stone island benches with feature soft wash LED lighting to bespoke joinery and chevron timber oak flooring.

Kitchens are fitted with a BORA induction cooktop with integrated downdraft extractor, alongside Gaggenau appliances, including a fridge, freezer, and wine fridge. The adjoining butler’s pantry incorporates the exclusive Gaggenau Minimalistic Series including oven, steam oven, microwave, coffee machine and warming drawer, all concealed behind handleless glass panels for a clean, integrated presentation. Bathrooms feature custom Apaisar freestanding baths and basins and natural stone benchtops, continuing Mirvac’s design emphasis on tactile, timeless materials.&nbsp;

<img alt="Trielle at Yarra's Edge, Docklands" data-entity-type="file" data-entity-uuid="c00be724-b0f1-47c0-afed-54f829870704" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Aerus%20sub-penthouse.png?VersionId=Uktd61kpLSqNjwJeDFs7IaZ3xgLlDQmu" />

Michael Wiener, Design Director at Mirvac, says The Aerus Sub-Penthouse embodies the apex of Mirvac’s design ethos.

“Moving through your home is like walking on air - a private sanctuary where the craftsmanship is refined, the proportions generous, and the flow so effortless, you feel completely at ease in the sky,” Wiener says.

“In Aerus, we wanted to create a sense of weightlessness - a home that feels suspended in the skyline, full of light, grounded in luxury.”

[smartcode_project:default project_id=114216 project_image_fid=3777]

The Aerus Sub-Penthouses are expected to attract a mix of local and international buyers seeking a long-term residence of scale and quality in a riverfront setting, from returning expats to established families and business owners who value privacy, craftsmanship, and convenience within walking distance of the CBD.

With an unmatched suite of amenities, Trielle is the most extensively appointed development Mirvac has created to date at Yarra’s Edge. Within the tower will be The Oasis, a 900 sqm podium rooftop wellness retreat designed in collaboration with spa expert Naomi Gregory. Located seven storeys above the Yarra River promenade, it features a 25-metre lap pool, spa and sauna, hot magnesium spa, biophilic gym, yoga and Pilates studio, cold-pail contrast treatment, and day spa treatment rooms. Further amenities include a piano lounge, bookable dining room, cinema room, golf simulator studio, games room, teppanyaki bar, dog wash bay, and two flexible work hubs, The Biblioteca library and Mills Place office space, catering to residents’ evolving lifestyle needs.

Construction of the $350 million tower is underway through Mirvac’s in-house construction arm, with completion anticipated for mid-2027.

[smartcode_project_cta:default project_id=114216]

Sky-high sanctuaries: Mirvac unveils The Aerus sub-penthouses at Trielle

<a href="https://www.apartments.com.au/developers/jwland-development">JWLand</a>’s De Burgh, the final residential release within the Northbourne Village precinct in Lyneham, is nearing completion just as the Federal Government’s Home Guarantee Scheme prepares for its most significant expansion to date.&nbsp;

From October 2025, the scheme will allow first home buyers to enter the market with just a five per cent deposit and no lenders mortgage insurance (LMI), removing some of the most common barriers to ownership.

With <a href="https://www.apartments.com.au/new-apartments/de-burgh-at-northbourne-village-40-de-burgh-street-lyneham-act-2602">De Burgh</a> on track for residents to move in by late spring 2025, the timing creates a strong opportunity for first home buyers seeking brand-new apartments in Canberra’s sought-after Inner North.&nbsp;

[smartcode_project:default project_id=139989 project_image_fid=212888]

The project delivers 350 residences across two buildings, with layouts ranging from compact studios through to one, two, and three-bedroom apartments.

JWLand has tailored the development for long-term liveability, integrating natural light, privacy and outdoor space into each home. Ground-floor residences feature private courtyards, while upper levels benefit from generous balconies.

Kitchens are fitted with Fisher &amp; Paykel appliances, and all apartments include ducted reverse-cycle air conditioning with smartphone app control for lighting and climate.&nbsp;

Shared resident facilities include a rooftop garden, gym, lounge and parcel lockers, alongside landscaped green space within the precinct.

[smartcode_project:default project_id=139989 project_image_fid=267376]

For buyers, the expanded Home Guarantee Scheme removes income caps and introduces unlimited places, making it more accessible than ever. With most De Burgh apartments priced under $1 million, they fall well within the updated eligibility thresholds.

The policy changes provide first home buyers with greater certainty and a smoother path to finance. Combined with the quality and location of De Burgh, the expanded scheme is expected to draw a new wave of buyers to Canberra’s Inner North.

Residents will benefit from the project’s central setting, just 600 metres from the light rail and three kilometres from Canberra’s CBD. The precinct is bordered by the <a href="https://www.apartments.com.au/developments/lyneham-act-2602">Lyneham</a> wetlands and sits within easy reach of cafes, restaurants, schools and the ANU.

With completion scheduled for late 2025, De Burgh is set to be among the first major apartment projects to meet the expanded scheme head-on, offering first-time buyers a realistic pathway to ownership in one of Canberra’s most connected neighbourhoods.

[smartcode_project_cta:default project_id=139989]

JWLand’s De Burgh aligns with expanded Homebuyer Scheme, opening doors for first home buyers in Canberra’s Inner North

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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