<a href="https://www.apartments.com.au/developers/s-p-setia">SP Setia</a> has lodged plans for a $750 million, three-tower mixed-use precinct that would complete the long-running redevelopment of Carlton's former Carlton United Breweries site.

The proposal at <a href="https://www.apartments.com.au/new-apartments/185-195-queensberry-street-carlton-vic-3053">46-78 Bouverie Street and 185-195 Queensberry Street</a> spans a 6,468 sqm site, the last remaining undeveloped parcels within the former brewery's 2007 masterplan.

Designed by <a href="https://www.apartments.com.au/architects/cox-architecture">COX Architecture</a>, the development will comprise two purpose-built student accommodation towers and a third build-to-sell apartment tower above a shared commercial podium and basement.

Across the three towers, SP Setia is proposing 606 build-to-sell apartments and 1,499 student accommodation units containing 2,009 beds.

The apartments will sit in the tallest tower, which will rise nearly 200m and 55 storeys. It will become&nbsp;one of the more substantial new build-to-sell apartment projects at the northern edge of Melbourne's CBD.

The apartment mix is weighted toward smaller inner-city product, with 188 studios, 206 one-bedroom apartments, 192 two-bedroom apartments and 20 three-bedroom apartments

<img alt="First look: SP Setia plans three-tower finale for Carlton’s former CUB precinct" data-entity-type="file" data-entity-uuid="8271bc87-1b0a-41b7-ac73-a425ee375261" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/3_2.png?VersionId=G4lw23o90B1boX4k4dj7rdz2ZEajS9wy" />

Part of the precinct will be a large-scale&nbsp;3,684 sqm supermarket and a further 2,198 sqm of speciality retail, creating close to 5,900 sqm of new commercial space within the precinct.

But one of the biggest components of the proposal is what sits between the buildings.

Around 4,650 sqm, or roughly 72 per cent of the site, will be publicly accessible open space, incorporating plazas, pedestrian connections, landscaped laneways and retail spill-out areas.

The ground plane is intended to finally complete pedestrian connections envisaged when the CUB masterplan was first approved nearly two decades ago, stitching together Victoria Street, Queensberry Street, Bouverie Street and Swanston Street through the former brewery precinct.

Urbis said the development would "complete the CUB precinct", with the public realm providing important north-south and east-west connections through what is currently the final undeveloped portion of the masterplanned site.

SP Setia is also exploring a new linear park within the Bouverie Street road reserve, with the concept to be developed further with the City of Melbourne through the planning process.

The proposal is being pursued through the Victorian Government's Development Facilitation Program under Clause 53.23 for significant residential development with affordable housing.

The planning report acknowledges the proposed heights exceed those contemplated under the original Comprehensive Development Plan and masterplan, but argues the built-form context has changed considerably over the past two decades.

Urbis said the three towers would instead create a stepped transition between Carlton and the Hoddle Grid, rising progressively from the 94.1-metre Tower One along the Queensberry Street edge to the 199.44-metre Tower Three closer to the established CBD-scale buildings to the south.

<img alt="SP Setia" data-entity-type="file" data-entity-uuid="e885a07a-592c-40fc-bf82-e6dbaf32da54" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-21%20at%208.52.24%E2%80%AFAM.png?VersionId=7s_ErUkSKAdY1mAWp3GRZgMNCGtwhk5m" />

SP Setia plans to deliver the development across three stages.

Stage One would deliver the basement, podium and retail areas for the entire precinct alongside the first student tower. Tower Two would follow in Stage Two, before the 606-apartment Tower Three is delivered as the final stage.

If approved and delivered, the project would close out a redevelopment process that has been underway since the former brewery masterplan was approved in 2007, adding more than 2,600 student beds and apartments to a precinct already home to Swanston Central, the Barak Building, RMIT Design Hub and several large student accommodation developments.

&nbsp;

&nbsp;

Joel Robinson

SP Setia plans three-tower finale for Carlton’s former CUB precinct

Melbourne developer Lowe Living is seeking to add to its growing bayside apartment pipeline, filing plans for a boutique eight-residence development in tightly held Middle Park.

Lowe Living, which has built much of its development portfolio across Melbourne's affluent bayside and south-east suburbs, is behind the plans for the 730 sqm site at <a href="https://www.apartments.com.au/new-apartments/123-125-erskine-street-middle-park-vic-3206">123-125 Erskine Street</a>, just off Armstrong Street and within the Armstrong Street Neighbourhood Activity Centre.

The developer is seeking approval for a five-storey residential building above two basement levels, with just eight large-format apartments and 18 car spaces.

“This is a deliberately very different proposition for us,"&nbsp;Tim Lowe, Co-Founder of Lowe Living, said.

"Eight residences is exceptionally boutique, but that's precisely what this site calls for.

“There is a strong community in Middle Park and the surrounding suburbs who have spent decades building a life here. They no longer want the maintenance of a large period home, but they aren't prepared to compromise on space, quality or location. We think there is a real opportunity to capture that hyper local market. A site like this rarely comes to market.”

<img alt="Lowe " data-entity-type="file" data-entity-uuid="875fe572-0f14-4d90-9e11-55b28dd07731" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-21%20at%208.42.49%E2%80%AFAM.png?VersionId=GDNQRv9BfpR9r1zkZ5UDyUM4ZvpIksut" />

The low-density proposal has been designed by Cera Stribley and is being progressed through the Victorian Government's Great Design Fast Track pathway, having already secured eligibility from the Minister for Planning.

The Office of the Victorian Government Architect supported its eligibility after finding the proposal demonstrated consistency with the program's seven design principles, while the project's financial feasibility has also been independently confirmed by Invest Victoria.

The project is targeting the downsizer market, with the planning documents describing the homes as larger-format residences and noting the two penthouses could otherwise have been configured as four separate apartments.

<img alt="Lowe 2" data-entity-type="file" data-entity-uuid="60ab0987-2da6-4175-adac-315dcf6053c6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-21%20at%208.43.15%E2%80%AFAM.png?VersionId=bOCPH0B2MFwlmaRW.TTCF9TzyifgVoQI" />

The site has dual frontage to Erskine Street and Canterbury Place and currently comprises a collection of commercial buildings used as offices, including a former heritage bakehouse, a former stable, a later gabled addition and a central courtyard.

It sits within the Commercial 1 Zone and the Armstrong Street Commercial Precinct heritage overlay, with the existing property classified as a contributory heritage place.

Heritage has subsequently played a significant role in Cera Stribley's design.

The front section of the former bakehouse facing Erskine Street will be retained, including its return walls, street-facing hipped roof and chimneys, while the Erskine Street façade and part of the western return wall of the former stable will also be incorporated into the new development.

Levels four and five will be set back five metres from the retained stable façade, while bricks removed through demolition are proposed to be salvaged and reused within the new building where possible.

<img alt="Lowe 3" data-entity-type="file" data-entity-uuid="e97927a9-a2de-4a0f-83b6-65451238abfa" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-21%20at%208.43.06%E2%80%AFAM.png?VersionId=VR44AChLrX9q1XPB9GvVQV.ALXXbe4gC" />

Rather than presenting as a single five-storey building to Erskine Street, Cera Stribley has broken the development into a series of distinct forms.

A three-storey infill element will sit between the retained bakehouse and stable façades, with the upper levels recessed behind the heritage fabric. Canterbury Place will similarly feature two three-storey podium forms, separated by a central pedestrian accessway, before the upper two levels step back from the street.

A pedestrian through-link will run through the centre of the project between Erskine Street and Canterbury Place, creating entrances from both sides of the site and introducing landscaping and communal areas through the ground plane.

Landscape architect Acre has designed planting across the ground level, private terraces and upper levels, including a feature canopy tree at level three and integrated planting and arbours across the level four terraces. Five existing Erskine Street trees are proposed to be retained.

Sustainability is also a significant component of the Great Design Fast Track application. The apartments are targeting an average eight-star NatHERS rating, with no residence below 6.5 stars, while the project has achieved a 75 per cent BESS score. Seven of the eight apartments are designed for cross-ventilation, with the remaining residence using mechanically assisted natural ventilation.

The plans also incorporate an 8kWp rooftop solar system, a 5,000-litre rainwater tank and infrastructure allowing future electric vehicle charging for every residence.

Lowe has a strong portfolio across Melbourne's blue-chip suburbs. They recently launched <a href="https://www.apartments.com.au/new-apartments/jardin-house-by-lowe-living-camberwell-335-camberwell-road-camberwell-vic-3124">Jardin House by Lowe Living</a> in Camberwell, their first development in the Stonnington LGA.

Lowe Living unveils Middle Park apartment development

Article summary

<ul data-end="888" data-start="289">
	<li data-end="442" data-section-id="8tsh6o" data-start="289">DVB Projects is preparing to launch its second Gold Coast apartment development, with demolition now underway at 137 Old Burleigh Road, Broadbeach.</li>
	<li data-end="573" data-section-id="1nyxl3e" data-start="443">The 34-level tower will comprise just 49 ultra-luxury residences, including half-floor, full-floor and penthouse apartments.</li>
	<li data-end="717" data-section-id="oiyimj" data-start="574">The launch follows strong demand at DVB's nearby Sea Glass project, which is more than 50 per cent sold and currently under construction.</li>
	<li data-end="888" data-section-id="epk9o9" data-start="718">The development adds to the transformation of Old Burleigh Road, with premium beachfront apartment projects continuing to reshape the tightly held Broadbeach strip.</li>
</ul>

<a href="https://www.apartments.com.au/developers/dvb-projects">DVB Projects</a> is preparing to launch its second Gold Coast apartment development, with demolition now underway on the Broadbeach site as the Sydney developer moves closer to bringing the ultra-luxury project to market.

The 34-level tower at <a href="https://www.apartments.com.au/new-apartments/137-old-burleigh-road-broadbeach-qld-4218">137 Old Burleigh Road</a> will comprise just 49 residences, ranging from half-floor apartments through to full-floor homes and a penthouse. The launch follows the strong sales performance of DVB's nearby Sea Glass development. More than half of the apartments at Sea Glass, on the other side of Broadbeach, have been snapped up, well ahead of its late 2027 completion

<img alt="DVB Projects to commence demolition on $320m Broadbeach luxury tower" data-entity-type="file" data-entity-uuid="2944b4be-c84e-4b54-8dc1-c712e76704c0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/E02_Exterior_Street%20Level%20Entrance.jpg?VersionId=YoNig7pRdrE3HCue7sUj78LzJteeQf3H" />

The start of demolition at 137 Old Burleigh Road signals DVB Projects’ underlying confidence in the Gold Coast’s luxury beachside apartment sector.

“We see the Gold Coast as one of the most compelling lifestyle markets in Australia, particularly at the premium end where demand continues to deepen,” said Dean Brown, Managing Director of DVB.&nbsp;

“This project has been carefully designed to respond to that demand - delivering large-format residences with a level of quality, privacy and amenity that is still relatively rare in the apartment market on the beachside."

Brown says the site itself is "exceptional."

"Old Burleigh Road is one of the most tightly held beachfront strips, and opportunities to deliver a project of this scale and calibre in this location are extremely limited.”

<img alt="DVB Projects to commence demolition on $320m Broadbeach luxury tower" data-entity-type="file" data-entity-uuid="398f377a-c037-455e-9250-0c5e0d84c35b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/I12_FF%20Balcony.jpg?VersionId=NwOiRWGMubR1c8wthuEfggklcja7al9." />

The project will comprise 40 half-floor residences of approximately 260 sqm, alongside eight full-floor residences spanning around 524 sqm.

A single penthouse will crown the building, featuring a private pool, barbecue area, indoor gym and dedicated entertaining spaces.

Residents will have access to a resort-style suite of amenities, including a 20-metre pool with daybeds, a gymnasium, hot and cold plunge pools, a sauna, and private residents’ lounge and dining facilities.

<img alt="DVB Projects to commence demolition on $320m Broadbeach luxury tower" data-entity-type="file" data-entity-uuid="d1642bb0-9a66-4427-a022-dfc0988c6287" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/A02_Pool%20to%20View.jpg?VersionId=c0IXPyn_Gp_Kn3XCwzMrqIVkAdCEwVXP" />

Sales agent Todd Matheson, of <a href="https://www.apartments.com.au/project-marketer/pezet-matheson">Pezet Matheson</a>, which is marketing both 137 Old Burleigh Road and Sea Glass, said 137 Old Burleigh Road would address a clear gap in the market for genuine luxury products.

“There are very few opportunities on the Gold Coast where buyers can secure a residence of this size and quality in a new building,” Matheson said.

“What we’re seeing is a growing cohort of downsizers and interstate buyers who still want space - they’re not willing to compromise on living area, entertaining or finishes.

“This project has been designed with that buyer in mind. It offers the scale of a home, combined with the convenience and security of apartment living, in one of the coast’s most desirable positions.”

<img alt="DVB Projects to commence demolition on $320m Broadbeach luxury tower" data-entity-type="file" data-entity-uuid="59aae0ca-5639-4320-8aca-d0bf60f48e43" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/E01_Exterior%20Hero.jpg?VersionId=DS8Zfy2WtgUEtdfe0TEUuf1W1GfcZq8S" />

Located on a 1,156 sqm site one block from the beachfront, the development will replace an ageing walk-up building and is expected to contribute to the ongoing transformation of the Old Burleigh Road strip into one of the Gold Coast’s most prestigious residential corridors.

With the development moving into the delivery phase, 137 Old Burleigh Road is slated to hit the market later this year.

[smartcode_project_cta:default project_id=145141]

DVB Projects to launch second Broadbeach apartment tower as demolition commences

<a data-end="327" data-is-only-node="" data-start="250" href="https://www.apartments.com.au/developers/norus-projects" rel="noopener" target="_new">Norus Developments</a> has lodged plans for a new apartment development in Clayton that would add further momentum to the suburb's emerging Green Street corridor.

Plans have been lodged for the consolidated site at <a href="https://www.apartments.com.au/new-apartments/1359-1365-centre-road-clayton-vic-3168">1359-1365 Centre Road</a>, where Norus is seeking approval for 218 apartments across a 12-storey apartment building designed by <a href="https://www.apartments.com.au/architects/life-architecture-and-urban-design">Life Architecture</a>.

The proposal sits within the Clayton Major Activity Centre at the threshold of the planned Green Street corridor, a landscaped pedestrian connection intended to improve links through the precinct towards Clayton Railway Station.

The development would replace the site's existing collection of low-scale residential and commercial buildings with a single consolidated building, introducing significantly greater housing density to this part of Centre Road.

A retail tenancy is proposed at ground level to activate the Centre Road frontage, accompanied by transparent street interfaces and landscaping intended to create a more pedestrian-focused edge to the development.

<img alt="First look: Norus Developments plans landscape-led apartment project for Clayton’s emerging Green Street" data-entity-type="file" data-entity-uuid="0a5a763a-d9e9-4253-af2f-88008de27ebf" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Clayton%20a.png?VersionId=S2WJJbat1XVkZwB9SnYtygirXgWHiklX" />

The building has been designed with stepped massing and upper-level setbacks to manage its transition towards surrounding residential properties. The planning report describes the approach as one that integrates the building into the landscape rather than treating landscaping as a secondary element.

"A strong landscape and public realm strategy underpins the proposal," Urbis states in the planning report.

"Public benefits include an affordable housing contribution, a new pocket park, generous landscaped setbacks, deep soil planting and integrated Water Sensitive Urban Design."

The report adds that these elements are intended to create "a permeable, pedestrian-focused ground plane that enhances walkability, supports urban cooling and reinforces the emerging Green Street character."

Biophilic and passive design principles extend through the residential levels, with planting, daylight, natural ventilation and views towards landscaped areas forming part of the amenity strategy.

Parking would be concentrated away from the public realm, with 145 car spaces proposed from the rear laneway rather than dominating the Centre Road frontage.

The proposal follows an extensive pre-application process with the City of Monash. Three formal meetings were held between the project team and Council from December 2025 to March 2026, with the scheme evolving through several concept iterations before the current design was lodged.

The project arrives as Clayton prepares for substantial change around its established activity centre and the wider Suburban Rail Loop precinct. Its position on Centre Road places the development within an existing concentration of shops, services and public transport, while the Green Street connection is intended to strengthen pedestrian access towards Clayton Railway Station.

First look: Norus plans landscape-led apartment project for Clayton’s emerging Green Street

<a href="https://www.apartments.com.au/developers/gardner-vaughan-group">Gardner Vaughan Group</a> has officially commenced construction on Bronze on Chevron, celebrating the sod turning of its first-ever Gold Coast development and marking a significant milestone in the company's continued expansion across South East Queensland.&nbsp;

Following the successful delivery of premium residential developments throughout Brisbane and the Sunshine Coast, <a href="https://www.apartments.com.au/new-apartments/bronze-on-chevron-8-mawarra-street-chevron-island-qld-4217">Bronze on Chevron</a> represents Gardner Vaughan Group's entry into the Gold Coast market. Bronze will deliver 119 one, two, three and four-bedroom apartments above two ground-level retail tenancies.

[smartcode_project:default project_id=107520 project_image_fid=367193]

The recent sod turning ceremony was attended by Deputy Mayor Mark Hammel, President of the Surfers Paradise Surf Life Saving Club, Cassandra Sedgman, project consultants, purchasers, project partners and invited guests to celebrate the commencement of construction.&nbsp;

Gardner Vaughan Group Chief Executive Officer Simon Betteridge said Bronze on Chevron represented an exciting new chapter for the business.&nbsp;

"We've spent almost four decades building homes that respond to the way people want to live, and we're excited to bring that experience to <a href="https://www.apartments.com.au/developments/chevron-island-qld-4217">Chevron Island</a>," Betteridge said.

"Bronze on Chevron is particularly significant because it marks Gardner Vaughan Group's first development on the Gold Coast following many successful projects across Brisbane and the Sunshine Coast."

[smartcode_project:default project_id=107520 project_image_fid=367183]

Betteridge said the ground breaking is a proud moment for the&nbsp;team and their purchasers, who can now see their future homes beginning to take shape.&nbsp;

"As both developer and builder, we're able to oversee every aspect of the project from design through to construction, ensuring the quality and attention to detail Gardner Vaughan Group has become renowned for."&nbsp;

Designed by acclaimed architectural practice <a href="https://www.apartments.com.au/architects/cottee-parker-architects">Cottee Parker</a>, Bronze on Chevron has been thoughtfully designed to complement Chevron Island's evolving streetscape while embracing its relaxed coastal lifestyle.

The development will offer generous residences with refined interiors, premium finishes and resort-style amenities, with completion anticipated in early 2029.&nbsp;

[smartcode_project_cta:default project_id=107520]

The development will offer generous residences with refined interiors, premium finishes and resort-style amenities, with completion anticipated in early 2029

Gardner Vaughan Group breaks ground on first Gold Coast development, Bronze on Chevron

Norwest

Residential property developer and builder Sekisui House is reserving 30 apartments in its next stage of its $1 billion masterplanned Norwest community for front-line workers of first home-buyers.

They've brought forward the launch of stage three, known as Lumia, due to meet&nbsp;strong demand in previous stages from downsizers, young families and first home buyers driven by government incentives.

Lumia is made up of 330 apartments inspired by nature.

[smartcode_project:default project_id=29147]

Designed by Turner Architects, stage one of Lumia comprises 203 apartments, a mix of 71 one beds, 118 two beds, 13 three bedroom apartments and a single four bedroom penthouse.

Lumia will sit in the middle of The Orchards community alongside Strangers Creek. Turner Architects director Dan Szway says that Lumia holds a unique position within The Orchards precinct and Norwest.

"It has a strong connection to the natural surrounds whilst enjoying the emerging urban amenity offered by Norwest Business Park and the new Metro Norwest station which are within easy walking distance.

<img alt="" data-entity-type="" data-entity-uuid="" height="774" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/lumia_sekisui_2.jpg" width="1200" />

Sekisui House sales manager David Lee says their success in 2020 was primarily due to the government's HomeBuilder Grant as well as the first home buyers grant and full stamp duty exemption.

“These government incentives have brought forward the launch of Lumia, intentionally designed with a large range of smaller apartments which is expected to accommodate first home buyer purchasers," Lee says.

"“Buyer confidence is at an all-time high with the Reserve Bank recently indicating that the cash rate will remain steady for three years.

“The Orchards is one of the most significant residential masterplanned communities to be introduced in New South Wales and is taking urban rejuvenation and luxury living in Norwest to another level.”

&nbsp;

&nbsp;

Designed by Turner Architects, stage one of Lumia comprises 203 apartments, a mix of 71 one beds, 118 two beds, 13 three bedroom apartments and a single four bedroom penthouse.



Sekisui House to reserve 30 units for frontline workers or first home buyers in latest The Orchards release in Norwest

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<img src="/images/2016/10/27/capital-bluestone-logo-retina.png" alt="" width="349" height="83">
SPONSORED POST
Karen Babilonia and Leonard Masacupan are kick-starting what they hope will be a substantial investment portfolio with their first apartment in Esplanade.
The couple have purchased a one-bedroom apartment at Esplanade on Norwest Lake – the area’s first fully integrated development that combines luxury living with a dining and retail precinct, boutique workspaces and a public boardwalk.
“Our hope is to become full time property investors – we’d love to own as many properties as possible,” says Karen. “Around 20 would be great but there’s no limit.”
“The drive to become investors came about after we read Rich Dad, Poor Dad by Robert Kiyosaki in April this year. It was a real eye opener about how our money could work for us. It all snowballed from there and we bought our first investment in June this year.”
Karen is an Executive Assistant while Leonard is a Business Development Manager and Esplanade is their first foray into real estate.
“We’re first home buyers,” Karen says. “We plan to live in this apartment for around two or three years before turning it into an investment property. This apartment is our entry into the property market.”
The couple chose to buy their first property off the plan to keep the process as simple as possible and to keep costs down.
“Because we’re first home buyers we really liked that there aren’t too many decisions to be made when you’re buying off the plan,” Karen says. “Everything was really easy and straight forward – we just had to pick a colour scheme. 
“We also wanted to keep our mortgage as small as possible and buying off the plan is a much cheaper alternative compared to buying an established house and land.
“I’ve always wanted to be a Bella Vista home owner but houses here are very expensive. We’d be looking at over $1 million. This was a much more affordable option.”
Catch more on their property investment journey <a href="https://youtu.be/eM0KYE4ibQ4" target="_blank">here</a>.
Visit <a href="https://esplanadenorwest.com.au/" target="_blank">esplanadenorwest.com.au</a> or call 1800 088 800.
 
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po-LsXgBTHBmX

Make your money work for you

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<img src="/images/2016/10/27/capital-bluestone-logo-retina.png" alt="" width="383" height="91">
SPONSORED POST 
Buyers have snapped up all available commercial workspaces in the mixed-use development Esplanade, creating a local sales record for Norwest Business Park in the process.
Marketed by PRDnationwide Norwest for development manager Capital Corporation, the 36 boutique workspaces in Esplanade have been sold for between $6200/sqm and $7500/sqm – averaging $6900/sqm – well above Norwest’s average of commercial rates of typically between $4500/sqm to $5600/sqm.
Esplanade proposes a diverse mix of 247 apartments across two residential towers 18 storeys in height with a host of resident-only facilities, three levels of boutique workspaces, waterfront dining and retail areas set on a significantly upgraded public boardwalk along Norwest Lake and about 400 metres from the Norwest station under construction as part of the Sydney Metro Northwest line.
Commercial buyers at Esplanade have been a mix of local professionals such as accountants, real estate agents and doctors, as well as investors.
Capital Corporation Managing Director Steve Grant is considered a pioneer of the Norwest Business Park, having delivered a $700M portfolio of 45 projects in the area, and accommodated the workspace needs of more than 580 businesses, since 1990.
“We’re breaking sales records for Norwest only because Esplanade is offering businesses what they want: great location, integrated development with residential apartments and a dining precinct, as well as boutique workspaces,” he said. 
“Businesses and investors obviously see the future value of the Sydney Metro Northwest railway line and the transformation of Norwest from a business park into a vibrant urban hub which has been kick started by Esplanade that brings the live-work-recreation combination together so thoroughly.”
The creative and urban workspaces at Esplanade can be designed to include exposed ceilings, polished concrete floors and outdoor rooms suitable for meetings or social work gatherings. Other features include communal meeting rooms and breakout areas.
The integration of high quality residential and boutique workspaces – coupled with lifestyle-driven elements such as waterfront dining – not only gives Esplanade a life after hours, it also brings a village feel to the workday that suits the business environment in Norwest.
PRDnationwide Norwest Director David Inkster said the majority of buyers were from the local market that recognised that Esplanade’s workspaces were a unique offering in a premium building with services and amenities not yet available in Norwest.
“There’s a social element to doing business in Norwest when the most productive meetings are often over a coffee or meal, making Esplanade - with its casual and formal dining options - the ideal workplace setting,” he said. 
“And there really isn’t any other specifically-designed commercial workspaces in Norwest that come with a wintergarden overlooking the lake within a short walk to the station,” Mr Inkster said.
Visit <a href="https://esplanadenorwest.com.au/" target="_blank">esplanadenorwest.com.au</a> or call 1800 088 800.
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Commercial suites smash sales record

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SPONSORED POST
A new era of integrated living has dawned in Sydney’s north-west with the approval of the $280M Esplanade mixed-use development on Norwest Lake.
The Sydney West Joint Regional Planning Panel has signed off on plans for Esplanade which is Norwest’s first truly integrated development.
Esplanade consists of two 18-storey towers, which will include 247 apartments in a mix of one, two and three bedroom configurations; a range of private resident facilities like pool, gym, open-air cinema and lush landscaped gardens; as well as 6,000sqm of waterfront retail space and three levels of boutique commercial suites.
In a unique offering, Esplanade also includes four-bedroom penthouses called Sky Residences, which allow owners to upgrade to a low-maintenance lifestyle in a spacious home-like apartment.  The distinctive penthouses are expected to be released to the market in early 2017.
Development manager, Capital Corporation, credited with more than 45 projects in the successful Norwest Business Park, reports that all commercial suites and more than 60 percent of the apartments have already sold pre-DA, demonstrating a huge appetite for the convenience and lifestyle that comes with apartment living.
Capital Corporation Managing Director Steve Grant says the sales success of the commercial workspaces is testament to the continued belief in Norwest as a thriving business park which is now evolving into an exciting residential and urban precinct.
 “This approval from the JRPP is great news for the many people who have shown their confidence in what we’ve proposed by purchasing prior to approval. More than 85 percent of buyers are local to the area and keen to stay connected to the community they love but want the change of lifestyle that Esplanade offers,” he says.
 “We’ve had the chance to incorporate feedback from Council and the Norwest Business Association and we’re delighted with the outcome. We’re even more excited for the buyers who will be very pleased to see their new home progress,” he said.
Mr Grant said enquiry for apartments remained constant, with downsizers, families and investors all drawn to the ‘all-in-one vertical village’ concept and the array of resort-like facilities.
“Buyers are consistently telling us they’re excited about the lifestyle and the ‘high-end’ nature of Esplanade,” Mr Grant says.
“We know that projects like Esplanade help shape the face of the local area and how people live so this is an important example of how development companies can work collaboratively with planning authorities to ensure the needs of current and future residents are met and even exceeded.”
Prices started from $525,000 for a one-bedroom unit while two-bedroom apartments with parking started from $725,000. A range of premium lakefront apartments have recently been released, and the penthouse collection will come onto the market later this year.
Construction of Esplanade is expected to start in 2017.
For more information, call 1800 088 800 or visit the sales suite with a full-size two-bedroom display apartment at 11 Solent Circuit, Baulkham Hills, from noon to 3pm on Wednesdays to Sundays.
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The towers heralding a suburb’s new era

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SPONSORED POST
Esplanade is first-ever completely integrated ‘vertical village’ at Norwest that offers unrivalled amenities and a relaxed lifestyle.
The project is geared for convenience and enjoyment, with residents to get exclusive access to features including landscaped lawns and gardens, a rooftop cinema, spectacular transparent-sided pool, outdoor gym, cabanas and barbecue areas for relaxation and social activities.
These are the services and amenities you’d come to expect from a luxury hotel but Esplanade is a place to call home that makes daily life more enjoyable and convenient.
The diverse mix of one, two and three bedroom apartments, as well as premium three and four bedroom Sky Residences, are complemented by three levels of boutique workspaces, waterfront dining and retail areas as well as a significantly upgraded public boardwalk on Norwest Lake.
The convenience of the all-in-one nature of Esplanade is enhanced by its proximity to the Sydney Metro Norwest station under construction, making the project an attractive option for both investors and owner-occupiers, particularly local people looking to downsize from larger homes.
And it’s not just the local residents re-sizing from house and land that the project speaks to.
“There are some 20,000 people working in Norwest right now with projections that could grow to 35,000. More than 400 companies – some among the largest in the country – base themselves here and investors will see the obvious opportunity in locating attainable urban-style living within such a successful employment centre,” says Steve Grant, Managing Director of Capital Corporation which has been tasked with bringing Esplanade to life.
“It could just become the easiest commute in Sydney,” he says. 
To see for yourself the lifestyle on offer at Esplanade, visit our unique display suite featuring a full-sized two-bedroom apartment. The display suite is located at 11 Solent Circuit, Baulkham Hills and is open daily from 11am to 2.30pm or by private appointment.
Details: Visit <a href="https://esplanadenorwest.com.au" target="_blank">esplanadenorwest.com.au</a> or call 1800 088 800.
 
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Experience next-gen living in the north-west

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<img src="https://www.urban.com.au/images/2016/10/27/capital-bluestone-logo-retina.png" alt="" width="312" height="74">
SPONSORED POST
Imagine walking through the front door of your brand new home: there’s spacious living areas, impressive views and no need to worry about mowing the lawn or cleaning the pool.
This is apartment living at its best.
Architect Nick Turner from award-winning firm Turner gives an insight into living at Esplanade on Norwest Lake where expansive apartments are complemented by resident-only amenities such as an infinity pool, gym, outdoor cinema, landscaped terraces as well as a waterfront retail and dining precinct on your doorstep.
What excites you most about the design of Esplanade?
A great deal of attention has been given to designing Esplanade so residents enjoy the best of both worlds – modern apartment living and the benefits that come with a low-maintenance lifestyle while literally being above vibrant restaurants and a waterfront public plaza.
We know that many people want to enjoy the benefits that come with waterfront dining and a bustling boardwalk but they also want to relax in peace in their brand new apartments. That’s why we’ve designed Esplanade so the apartments are separated from the active ground floor in elevated towers.
The apartments start on the fifth storey of Esplanade on the landscaped terrace and the towers are set back from the edges of this podium level to create a physical barrier to the activity and noise from the waterfront and public plaza below. Essentially, residents can take advantage of living in a vertical village that offers the convenience of living above retail and dining while still enjoying a relaxing and peaceful lifestyle in one of Esplanade’s sky towers. 
You’ve described Esplanade as a “vertical village”. Can you explain what you mean by that?
The all-in-one nature of Esplanade really is what helps define it as a vertical village. There is a diverse mix of apartments, a host of resident-only amenities, three levels of boutique workspaces, waterfront dining and retails areas as well as a public boardwalk: everything you need to make everyday life more convenient and enjoyable.
But I think a vertical village is about more than just the physical spaces. Esplanade has also been designed to help foster a sense of community among its residents. From the landscaped communal terrace and extensive barbecue areas, to the putting green, outdoor cinema, pool club and gym, these high-quality amenities all encourage socialisation and relaxation where neighbours can get to know each other in the vertical village.
Esplanade really allows for contemporary living where residential, retail, commercial and dining combine for better quality of life. 
Sydneysiders love outdoor living. How can Esplanade residents enjoy the Australian inside/outside lifestyle usually afforded by traditional homes?
Something quite unique about Esplanade is that each apartment has an extra-large balcony, forming a seamless transition to the outside from the internal living spaces.
We know that people in The Hills are proud of their area being known as the Garden Shire and they really enjoy the benefits of outdoor living: enjoying a glass of wine or a nice meal in the fresh air after a long day at work.
Even in the winter months, Sydneysiders don’t like to feel cooped up inside. That’s why we’ve designed the apartments to be quite spacious and wide – they are large in scale which helps promote excellent views and connections to the outside.
And don’t forget all the incredible outdoor amenities waiting for the residents on the podium level – the whole of Esplanade is their home and they can enjoy the facilities without worrying about the maintenance of traditional houses.
For more information visit <a href="https://esplanadenorwest.com.au/" target="_blank">esplanadenorwest.com.au</a> or call 1800 088 800.
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Secrets of top apartment design

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Premium investment properties remain highly sought after by private, high-net-worth investors, according to Colliers International.
Paul McGlynn and Harry Bui of Colliers have sold McDonald’s Bella Vista (pictured above) to a private Asian investor from Melbourne for $6.65 million on a net yield of 3.1%. 
The acquisition was for a 2,885sqm long-term ground lease. 
McDonalds Australia constructed a brand-new single level restaurant with dine-in and drive-thru take-away facility, open to the public since May 2019.
Mr McGlynn and Mr Bui will be also taking the adjoining Shell Service Centre Bella Vista (pictured below) to the market for sale by international expressions of interest.  
<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/2020/9/21/Norwest_060820_36%20Large.jpg" alt="">
Both properties are located in a gateway position at the entrance of Norwest Business Park within the north-west growth corridor in Sydney’s Hills District.  
On a 2,813sqm site, this new Shell service station with an annexed café is anticipated to receive high levels of interest from both local and international investors.
The opportunity benefits from its premium location in Norwest Business Park, long WALE profile of 10 years by income, strong annual rental escalation, and head lease to Viva Energy Australia with a fully leased net passing income of around $604,544 per annum. 
“Premium investment properties with long leases such as a freestanding petrol station leased to Viva Energy, 7-Eleven, Caltex, BP or freestanding fast food sites like McDonald’s are currently very sought-after,” said Harry Bui, National Director, Investment Services at Colliers International. 
“Private high net worth investors are the most common buyer profile within the sub-$20million investment market, while both property syndicates and consortiums showed increased interest towards premium investment assets with longer WALE’s and company leases to national blue-chip corporate tenants.” 
There have been several significant national portfolio sales for premium investments in the past year.
This includes; 33 7-Eleven petrol stations, which sold for $156 million in October 2019 and February 2020 with an average yield of 4.76% and; 25 Caltex petrol stations sold for $133 million in November 2019 with strong underlying land values for future development.  
Charter Hall also took a 49% stake in a portfolio of 225 BP petrol stations in Australia, worth $1.7 billion with a weighted average lease expiry (WALE) of 20 years which was the biggest deal of 2019. 
Paul McGlynn, National Director, Industrial at Colliers International said that the Norwest area where both properties are located will benefit from major State and Federal Government projects.
“Norwest is in the suburb of Bella Vista which is surrounded by major State and Federal Government infrastructure projects, specifically the North-West Metro which opened in May 2019, North-Connex due to open next month, the re-development of Parramatta CBD (11 kilometres South) and establishment of the new second Western Sydney Airport (43 kilometres West).”
“These infrastructure projects coupled with substantial increases in new residential dwellings and population growth locally will rejuvenate and promote Western Sydney, helping the area to become a major economic powerhouse.”
Colliers International will also be bringing a brand-new, flagship BP in Tighes Hill, Newcastle to market. 
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Two Norwest properties in Sydney indicate premium investments remain sought after

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Norwest master developer Mulpha has secured two major tenancies by leading specialist medical innovators for its landmark timber building The Bond at Norwest, Sydney. 
Mulpha has secured commitments for over 30 per cent of the building ahead of construction commencing later this year. 
Genesis Oncology has taken 1050 sqm of space to set up a world class cancer treatment centre in the Hills District, and Dr Antony Lighten has taken 735 sqm of space for his IVF Clinic and reproductive surgery. Space has also been taken up by orthodontic, obstetrics and gynaecology practices.
Mulpha Developments Executive General Manager, Tim Spencer said:  
“We are thrilled that such leading-edge medical innovators have shown strong commitment to Norwest as it transforms into a major residential, commercial and retail hub in Sydney’s economic growth corridor along the Metro Norwest. 
“Both companies are a natural fit for The Bond, given its focus on wellness, sustainability and innovation, and proximity to the Norwest Private Hospital. These are exactly the calibre of tenants we are attracting– knowledge and innovation companies that themselves want to attract and inspire the best staff and offer an appealing environment for clients.
“We are seeing strong interest from the medical sector, which is expecting demand to remain highly resilient in the face of COVID-19 and will always require quality workspaces for administration, treatment and consultation.”
GenesisCare Chief Executive Officer, Dan Collins, said: “We are proud to be designing a world class cancer treatment centre here at The Bond so that patients in the Hills District and Western Sydney can access high quality oncology care close to home.
“The Hills district in North West Sydney is one of the fastest growing regions in NSW, so it’s important to invest in the right healthcare infrastructure to meet local community needs for today and the future. 
“The team at Mulpha Norwest share our commitment to developing sustainable healthcare solutions to meet the demands of Australia’s ageing population and addressing infrastructure gaps in areas of need. 
“We were immediately drawn to The Bond’s innovative and sustainable design and its proximity to Norwest Private Hospital which means cancer patients will be able to access comprehensive cancer care, including surgery, medical oncology and now radiation therapy, close by.” 
Dr Antony Lighten, a fertility specialist and IVF and reproductive surgeon who has a five-month waiting list for new clients, said he was drawn to The Bond because of the beauty in the wood, the glass design and green credentials, all contributing to a health and wellness environment.
“The Bond is going to be a landmark building in Bella Vista. I think it will be a beautiful, relaxing space for the Day Surgery and IVF Clinic. I have been waiting specifically for this building to start construction because of its uniqueness.
“Although I was affected by the NSW government enforced cessation of all elective surgery and IVF procedures due to Covid, we are now seeing good numbers of patients returning. There does not seem to be any significant effect on patient numbers moving forward.” 
The Bond, located on the corners of Elizabeth Macarthur Drive and Norbrik Drive, will be a landmark timber building at the gateway of Norwest’s commercial precinct, adjacent to the heritage-listed Bella Vista Farm and connected by on-demand shuttle buses to the Metro stations at Norwest and Bella Vista.
The Bond will comprise a ground floor retail lobby environment, six floors of commercial office building, childcare facility for 110 children, end-of-trip facilities, basement car carparking, short-term visitor parking and service vehicle and loading facilities. 
The building’s innovative design will offer flexible campus style floor plates, allowing for a range of workspaces to cater for all needs, including open plan working spaces and private offices.
The Bond has been designed using cross-laminated timber technology for the 1600 sqm floorplates, walls and stairs, as well as laminated timber columns and beams for the structural frame. 
In addition to offering design flexibility and unique aesthetics, this new-age timber technology has great strength and efficiency, and the potential to be carbon-neutral over its lifecycle.
Mulpha is an award-winning property developer with 25 years of experience across all property sectors from commercial, industrial, retail and residential, including land, homes, townhouses and apartments.
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Mulpha attracts medical innovators to The Bond, Norwest

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Mulpha has lodged a development application with for the first commercial building in Circa, the key commercial precinct in Mulpha’s proposed transformation of Norwest.
The proposed seven storey building located on Elizabeth Macarthur Drive in Bella Vista will include ground floor co-working and retail, with childcare and six levels of flexible commercial office space above. 
There will also be three levels of basement parking and one partial level of ground floor parking for over 300 vehicles. 
The project is within walking distance to Bella Vista and Norwest stations on the Sydney Metro North West rapid transit line due to open in 2019.
Mulpha Norwest executive general manager Tim Spencer said the vision for this building is to create a unique contemporary office space that will meet the needs of entrepreneurs, SMEs and larger expanding businesses.
“The overall vision is to create a dynamic campus-style environment that will enable innovative businesses to attract and inspire the people they need to compete in the global digital economy”, Spencer said.
The ground floor will provide active space for people to walk, meet, co-work and eat, providing connectivity to a future proposed ground level plaza surrounded potentially by two further buildings.
This proposed staged development foresees three separate commercial buildings, sited on a podium piazza area, with car parking and servicing located primarily below ground.
The first building will provide commercial occupants with the flexibility to lease or purchase single strata units ranging in size to meet individual needs and on the upper levels the opportunity for larger businesses with full floor accommodation. Overall, it will have the potential to accommodate over 400 employees. 
The building design intends to integrate aspects of the district’s history with base-level brick elements, transparent glass walls and an internal timber structure reflecting previous brick and timber activities in the area.
Connected to the new Sydney Metro rapid transit system and a key part of Sydney’s global economic growth corridor, Circa Norwest aims to attract the knowledge and innovation industries of the future.
 
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Mulpha lodges DA for first commercial building in Circa in Norwest

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Developer Mulpha Norwest has unveiled its plans for the transformation of Norwest Business Park in Sydney’s Hills Shire area into a ‘smart city’ which will be home to innovation and economic growth.
Mulpha said it will use its $3 billion plus investment pipeline to develop Norwest into “one of Sydney’s most vibrant communities using innovative design, technology and collaboration”.
The masterplanned Norwest Business Park will benefit from the state and local government’s growth plans.
The 377 hectare Norwest is the size of Sydney’s CBD, with 180 hectares of business land, 151 hectares of residential land and 46 hectares of waterways, walking trails and parks, including the historic Bella Vista Farm Park.
Infrastructure committed and currently under implementation includes the $8 billion Sydney Metro North West Rail project, a further $3.6 billion of infrastructure upgrades to western Sydney roads and the $20 billion new Western Sydney Airport. This will help continue the focus on further major road works such as Norwest Boulevard.
Mulpha Norwest executive general manager, Tim Spencer said Mulpha was committed to delivering a liveable Smart City at Norwest, with “new age jobs”, modern education and innovation.
“To achieve this, Mulpha is working creatively with a broad team of outstanding Australian and international experts in health and education, architecture, planning and engineering to re-envision how people will live, work and play in the future. From this start, we are seeking to further engage with both state and local governments to refine and ensure holistic implementation,” Spencer said.
Mulpha’s plans include the redevelopment of Norwest Marketown; the development of The Greens residential precinct; the redevelopment of the Circa commercial, retail and retirement precinct; the revitalisation of Norwest’s network of walkways and cycleways and a concept to drive daily activation of Bella Vista Farm Park.
The developer hopes to create a built form environment that will “offer seamless living, working and recreational spaces, with over 50 hectares of public open space, activated public parks and plazas, and a vibrant social, food and entertainment culture”.
Norwest will be accessible via two new Metro stations, T-Way buses and motorway upgrades. 
The stations – Norwest and Bella Vista - on the Sydney Metro North West Line will be operational from 2019, with turn-up-and-go rapid transit services running through the North West corridor onto Chatswood and the Sydney CBD.
“As Sydney’s population and economic centre moves west, our vision is to create a highly desirable work and lifestyle destination that will attract entrepreneurial workers and industries of the future, including world-leading innovation enterprises,” Spencer said.
“In response to the State Government’s Plan for Growing Sydney 2036, we are aiming to deliver a unique education and upskilling platform to be the basis of an evolution from the knowledge-based workforce into an entrepreneurial economy, opening up the future for 60,000+ new age jobs, from the current 30,000.”
Spencer said the masterplan is also delivering the diversity of housing required to meet the demands of its increasing residential population, forecast to increase from 6,000 today to more than 20,000+ residents.
“It is all about connectivity, in terms of living, working, transport and the environment. This is how people want to live and work into the future, and how businesses will thrive in the digital age, so we are providing the physical and non-physical infrastructure to enable this to happen.”
Mulpha has engaged consultants to investigate Smart City innovations including driverless shuttles, installation of healthcare technology for healthy living and ageing in place, off-grid energy options, and high speed public zone WiFi. 
He added that Mulpha is also tackling how all this ties up with the Internet of Things (IoT) in order to harness big data and the policies around disseminating this through live portals.
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