Melbourne developer Spacious Group has completed Voyage Altona, one of the closest new apartment developments to Altona Beach.

Off the plan purchasers have started moving into the 49-apartment project on Pier Street, with the remaining move-in-ready one-, two- and three-bedroom apartments starting from just over $500,000.

Display apartments have now been fitted out, allowing prospective buyers to inspect the completed residences by appointment.

[smartcode_project:default project_id=112195 project_image_fid=372638]

The completed apartments feature open-plan living and dining areas which extend onto private balconies and terraces, while full-height glazing maximises natural light throughout the interiors.&nbsp;

Hybrid timber-look flooring, stone benchtops, Miele appliances, porcelain-tiled bathrooms and generous storage feature throughout the building which also features landscaped communal areas, expansive shared terraces, lift access and secure on-grade parking.

Drawing inspiration from its bayside setting, Voyage adopts a restrained palette of warm neutral tones and textured finishes. Many of the apartments take advantage of views across Port Phillip Bay, while the indoor-outdoor living spaces have been designed to make the most of the coastal outlook.

[smartcode_project:default project_id=112195 project_image_fid=3286]

Voyage was developed to address what Spacious Group identified as an undersupply of higher-quality apartment product in Altona, with a focus on owner-occupiers looking to remain within the bayside community.

"Voyage responds to very strong local buyer demand for quality, owner-occupier-focused product," says Barry Plant Projects Director Jarrod Farey, who has handled sales since the project's launch.

"The project delivers an elevated lifestyle proposition, with its design and quality of finish far exceeding anything previously produced in the area, as well as its proximity to Pier Street Village and the beach."

The majority of purchasers have been local downsizers and owner-occupiers looking to stay within the Altona community but who previously had limited opportunities to buy a brand-new apartment.

[smartcode_project_cta:default project_id=112195]

Joel Robinson

Spacious Group completes Voyage Altona in Altona's beachside precinct

Homecorp has secured approval for a $360 million apartment development at Budds Beach, paving the way for one of the Gold Coast's most amenity-rich residential projects to launch later this year.

Gold Coast City Council has approved Lýon Residences, a 32-level tower that will deliver 178 two and three-bedroom apartments across a prominent corner site at 8-10 Acacia Avenue and 25-27 Oak Avenue.

The approval comes as developers continue to invest in premium lifestyle-driven apartment projects on the Gold Coast, where owner occupiers are increasingly prioritising amenity as much as apartment size and location.

<a href="https://www.apartments.com.au/new-apartments/l-on-residences-25-27-oak-avenue-surfers-paradise-qld-4217">Lýon Residences</a> has been designed around a resort-style wellness offering, headlined by a Moroccan-inspired spa precinct featuring treatment rooms, a Nordic sauna and steam room, hot and cold plunge pools, a soaking pool and a residents-only juice bar.

The rooftop will include a heated infinity pool and spa, residents' lounge with private kitchen and bar, gymnasium, yoga and Pilates studio, outdoor entertaining areas and barbecue facilities overlooking the Surfers Paradise skyline.

<img alt="Lyon" data-entity-type="file" data-entity-uuid="2d3e29af-8793-486e-a684-52cef862241f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-15%20at%204.32.26%E2%80%AFPM.png?VersionId=ayG2zpLf3SS6Zy8XmKDcQods4kVWb0gm" />

Homecorp Founder and CEO Ron Bakir said Budds Beach provided the ideal location for the company's latest luxury apartment project.

"Budds Beach represents one of the most unique and sought-after pockets of the Gold Coast, and Lýon Residences has been designed to reflect that sense of rarity and refinement," Bakir said.

The project arrives as wellness continues to become a defining feature of new residential developments both in Australia and internationally.

The latest Global Wellness Institute figures show wellness real estate remains the fastest-growing segment of the global wellness economy and is forecast to exceed $1.8 trillion by 2030. Australia continues to rank among the world's 15 largest wellness real estate markets, with developers increasingly integrating health, recreation and community facilities into apartment projects.

Queensland is also experiencing strong population growth, with the Gold Coast continuing to outperform many other Australian cities as demand for new housing remains elevated ahead of the 2032 Olympic and Paralympic Games.

Bakir said the project had been designed to respond to that shift in buyer expectations.

"Strong population growth and sustained demand across the Gold Coast continue to highlight the need for well-designed new housing supply. Lýon Residences responds directly to this demand while setting a new benchmark for residential living," he said.

Each apartment has been designed to maximise views across the coastline, the Nerang River and the Gold Coast hinterland.

Located just minutes from Surfers Paradise beach and the Broadwater, the development also offers easy access to the light rail network, Broadbeach and Burleigh Heads.

Early site works are underway, with construction expected to commence later this year.

Homecorp approved for Budds Beach apartment tower, Lýon Residences

New apartment developments with uninterrupted, north-facing views over Perth's Swan River are exceptionally rare.

Recognising just how limited those opportunities are, <a href="https://www.apartments.com.au/developers/edge-visionary-living">Edge Visionary Living</a>, one of Perth's most respected builder-developers, targeted <a href="https://www.apartments.com.au/developments/applecross-wa-6153">Applecross</a>, assembling an unrepeatable 6,342 sqm riverfront site on the corner of Moreau Mews and Canning Beach Road to create one of Perth's only new north-facing apartment developments directly overlooking the Swan River.

Today, <a href="https://www.apartments.com.au/buildings/riviere-residences-applecross-59-canning-beach-road-applecross-wa-6153">Rivière Residences</a> offers buyers a unique opportunity to choose between completed residences ready to move into now and off-the-plan homes in the final stage, Rivière West.

[smartcode_project:default project_id=28384 project_image_fid=3823]

Across the completed East and Central buildings, residents are already enjoying the development's luxury amenity, while two of the precinct's hospitality venues are now open.

The completed component of the development gives buyers the advantage of experiencing the finished product firsthand, including its uninterrupted river views, while still having the opportunity to secure a residence in the final stage.

"People are wowed by the view and the quality of the apartments,"&nbsp;Edge Visionary Living Sales Executive, Holly McSweeney, says.

"They're looking for the convenience of lock-and-leave living, but they're not looking to downsize on quality."

[smartcode_project:default project_id=28384 project_image_fid=3826]

The rarity of the development hasn't been lost on prospective buyers, McSweeney says.

For McSweeney, it all comes back to a location that is becoming increasingly difficult to replicate.

"Location, location, location," she says. "We are nestled right on the front of the Swan River. You can never get built out, so wherever you are in Rivière Residences, you've got views of the river forever."

The unique waterfront position has resonated particularly strongly with local downsizers. McSweeney says many buyers are long-time Applecross residents looking to transition from large family homes into a luxury apartment without sacrificing space, quality or the lifestyle they've enjoyed for decades.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/N_FowNW0wu8?si=vb25XFq1wZ-iufAW" title="YouTube video player" width="560"></iframe>

A major focus for Edge in recent years has been resident amenity. Across its apartment portfolio, from beachfront developments in Scarborough to luxury towers in South Perth, the developer has increasingly invested in the spaces beyond the apartment itself.

The strategy has largely been shaped by downsizer demand. Many buyers are moving from large family homes with swimming pools and established gardens. While they're looking to leave the maintenance behind, they don't want to compromise on lifestyle.

At Rivière, <a href="https://www.apartments.com.au/architects/hillam-architects">Hillam Architects</a> designed the resident facilities as an extension of each apartment. A 25-metre heated swimming pool takes advantage of the north-facing river outlook, complemented by a large gym, sauna and steam rooms, private dining spaces, residents' lounges, a cinema, games room, and dedicated wine and whisky rooms.

[smartcode_project:default project_id=28384 project_image_fid=372542]

The waterfront location has also proved to be a major drawcard. Residents are within walking distance of the Raffles Hotel, South of Perth Yacht Club, the Heathcote Cultural Precinct and the cafés, restaurants and boutiques along Ardross Street.

Beyond the location and amenity, McSweeney says many buyers take confidence from Edge's fully integrated development model.

Having delivered apartments across Perth for decades, Edge now designs, develops and constructs its projects in-house, giving the company greater control over quality, delivery and the finished product.

"What I love is when people walk through their apartment for the first time and say, 'This is better than what we imagined,'" McSweeney says. "We hear that all the time."

Completed apartments in the East and Central buildings are now available to inspect by appointment, while Rivière West, the final stage of the precinct, is expected to be completed in the first quarter of 2027.

[smartcode_project_cta:default project_id=28384]

North-facing Swan River views drive demand at Rivière Residences in Applecross

Nearly 60 per cent of apartments at McNab Group's $220 million The Tannery development in Brisbane's West End have sold ahead of the project's public launch, including a suburb-record $2.57 million sale for a two-bedroom apartment.

The early sales campaign has secured buyers for 50 of the project's 87 apartments, highlighting continued demand for larger owner-occupier apartments that combine generous floorplans with premium lifestyle amenities in one of Brisbane's most tightly held inner-city suburbs.

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McNab Group Executive Chairman Michael McNab said selling more than half the project before launch reflected changing buyer expectations.

"Selling more than half the project before public sales open tells us buyers are actively seeking apartments that offer something genuinely different," McNab said.

"Today's buyers are looking beyond four walls. They want homes that genuinely enhance the way they live, with spaces that support health, connection and everyday wellbeing."

[smartcode_project:default project_id=143337 project_image_fid=374767]

A key point of difference for the project is the adaptive reuse of the heritage-listed Dixon's Tannery building, which will become The Retreat, a residents-only wellness precinct rather than being redeveloped into additional apartments.

The Retreat will feature a sauna and steam room, hot and cold plunge pools, a commercial-grade gym, Pilates studio, cinema, library, co-working spaces and private dining room. Rooftop amenities will include a swimming pool, landscaped gardens, outdoor entertaining areas and dog-friendly spaces.

[smartcode_project:default project_id=143337 project_image_fid=374760]

Designed by Cottee Parker Architects with interiors by Tom Mark Henry and landscape architecture by Aspect Studios, The Tannery comprises 87 two, three and four-bedroom apartments across 11 levels overlooking the Brisbane River.

Cottee Parker principal Dee Passenger said preserving the original tannery building had been central to the project's design.

"The easy option would have been to maximise the site's development potential with additional apartments. Instead, McNab has chosen to preserve the original tannery as a shared wellness retreat, ensuring this important piece of Brisbane's history remains at the heart of the community."

Passenger said sustainability also played a key role in the design, with materials from the original industrial site salvaged and repurposed throughout the development.

[smartcode_project:default project_id=143337 project_image_fid=374761]

Motiv CEO Carly Cottam said buyers had responded strongly to the combination of larger apartments, wellness facilities and the West End lifestyle.

"We are seeing more buyers looking for homes in the sky that provide the space and functionality of a traditional home, while benefiting from the convenience and lifestyle that apartment living brings," Cottam said.

She said purchasers included both owner occupiers and investors, with demand coming from local buyers as well as interstate purchasers.

Coinciding with the public launch, McNab also announced a partnership with Queensland Ballet, whose neighbouring Thomas Dixon Centre shares historical ties with the original Dixon family.

Located on a 4,465 sqm site at 439 Montague Road, The Tannery overlooks the Brisbane River and is around 10 minutes from the CBD.

Construction is underway, with completion expected in the second half of 2027.

[smartcode_project_cta:default project_id=143337]

More than half of residences sold before public sales as McNab announces significant partnership with Queensland Ballet

McNab's The Tannery nears 60 per cent sold before public release, sets two-bedroom West End record

Iwan Sunito's vision for a landmark mixed-use precinct in Sydney's Inner West has taken a major step forward, with approval granted for the $1.9 billion Five Dock development first unveiled earlier this year.

The approved scheme by <a href="https://www.apartments.com.au/developers/one-global-capital">One Global Capital</a> will deliver an 80,500 sqm mixed-use precinct comprising 840 apartments, integrated hotel accommodation, commercial and retail space, alongside publicly accessible open space designed to create a new destination for the growing suburb.

"This is a significant milestone for One Global Capital and for the future of housing delivery in Sydney," Sunito said.

"The Housing Delivery Authority was established to identify major housing projects capable of delivering meaningful supply more efficiently, and we are delighted that Spencer Street has been recognised as one of those projects.”

He said the declaration reflected the rapid progress achieved since acquiring control of the site.

"In less than seven months we have progressed from taking control of the site to securing entry into one of the NSW Government's most important planning pathways. It reflects the experience of our team, the strength of our consultant group led by Urbis, and our long-term commitment to delivering transformational projects that contribute to Sydney's future."

When the project was revealed earlier this year, Sunito described the opportunity as one of the strongest development sites he had worked on.

"I probably hadn't appreciated the uniqueness of the site until more recently when putting together the concept plans," Sunito said.

"The proximity to the water, and the golf course opposite, is unlike any other part of Parramatta Road. We have a unique position and view corridors over the water that makes this one of the best sites I've worked on."

The development has evolved since its initial announcement, with the approved plans increasing the residential component from the originally proposed 750 apartments to 840 homes while retaining the project's focus on creating an integrated neighbourhood rather than a standalone residential development.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/a-city-within-a-city-iwan-sunito-flags-1-5-billion-mixed-use-precinct-in-five-dock">"A city within a city": Iwan Sunito flags $1.5 billion mixed-use precinct in Five Dock</a>

The precinct will combine apartments with hotel accommodation, commercial workplaces, retail offerings and public spaces, creating a mixed-use environment intended to serve both residents and the broader Five Dock community. The proposal also continues the collaboration between One Global Capital and internationally recognised architect <a href="https://www.apartments.com.au/architects/koichi-takada-architects">Koichi Takada</a>, whose previous work with Sunito includes Infinity, Arc and Skye North Sydney.

Takada previously said the design was driven by a philosophy of integrating nature into the built environment.

"The concept for this development is born from our design approach to naturalising architecture," Takada said.

"The public realm benefits from biophilic design that integrates generous landscaping, and the development is optimised for natural daylight, airflow and water views to foster wellbeing, sustainability and spaces that foster community interaction."

Sunito has consistently described the project as a "city within a city", with a strong emphasis on creating a destination that extends beyond housing.

"We want to create a development that's not only to be seen, but to be experienced by the whole local community," he said.

The approval comes as Five Dock continues its transformation ahead of the opening of the Sydney Metro West line, with the new Five Dock station set to significantly improve connections between the Inner West, Parramatta and the Sydney CBD.&nbsp;

The precinct will also benefit from its proximity to the Parramatta Road corridor, nearby waterfront parklands and established retail and dining offerings that have made Five Dock one of Sydney's most tightly held Inner West suburbs.

Iwan Sunito secures approval for $1.9 billion Five Dock mixed-use precinct

Office Space

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A Canberra commercial office refurbishment has brought to life a section of a 1960s building.
Property developer ICON Developments, in conjunction with Camlen Property Group, worked with architects peckvonhartel to modernise the property at 10 Hobart Place.
Two of the building’s 10 floors have been transformed into flexible workspaces with an industrial-style aesthetic, including polished concrete floors, exposed ceiling services and glass internal corridor partitioning.
Other additions to the building include new end-of-trip facilities, including showers, lockers and change rooms, as well as bike storage.
The building has a total of 4,500 square metres of lettable area and spaces of from 65 square metres to 530 square metres are immediately available to prospective tenants. Further tenancy options from 180 square metres are also available for lease.
The site is close to the ACT Magistrates and Supreme Courts, The Australian National University (ANU) Action Campus, and Canberra Shopping Centre.
Ashley Murdoch from ICON Development said Canberra’s west precinct of the CBD has undergone recent activity in a bid to revitalise the city and make it a more vibrant and exciting place to work, live and visit, and to continue to attract investment.
“Through this refurbishment, we wanted to stay true to what makes the city unique. Located at the heart of the CBD and surrounded by so much of what gives Canberra its distinct character, the building represents professionalism and style within a corporate business environment,” said Murdoch.
The revitalisation also saw an 80s themed basement bar called ‘88mph’. 
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Canberra office undergoes modern refurbishment 

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101 Collins Street has unveiled its latest upgrade for its tenants.
The multi-million-dollar, high-end facility, called ONE, features a resort-style spa and wellness experience which has been designed to emulate the amenity of a six-star hotel.
Over 500 bike racks and 512 personal lockers have been created to cater to the rising number of cyclists and tenants who are choosing to walk, ride or run into work.
Designed by Australian architects Gray Puksand, the new facility comes with finishes of terrazzo stone, light and dark marble vanities, timber veneers and beautiful fabric walls featuring heavily in the opulent reception lounge.
The design features marble-clad “hydration stations” and ventilated drying rooms, 45 luxurious shower facilities with a dedicated towel service, individualised grooming stations complete with GHD hair straighteners, Parlux hair dryers and curated hand soaps and amenities by Australian made artisan brand Leif.
Brett Dillon, head of funds management at AXA Investment Managers, says the new facility reflects the standing of 101 Collins Street as the pre-eminent office address in Melbourne’s CBD.
“The modern workplace has undergone a dramatic shift in recent years with the advent of unique agile and flexible spaces with wellness in mind. To respond to this, we have created the new End of Trip Facility to support the evolving needs of workers while embodying the prestige that 101 Collins Street has always stood for.”
Gray Puksand lead designer for the project, Dale O’Brien, said the design of the new facility had leaned heavily on the modern end user’s daily experience.
<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/2018/3/23/KH_017_101Collins_160318_low.jpg" alt="">
“A key design element from the outset was creating volume of space, with good circulation and high ceilings.
"Space is a commodity like no other, offering freedom and privacy.
“Research has shown when you integrate these luxury aspects into end-of-trip facilities there tends to be a spike in user uptake, especially from female users, which has added value to an already exceptional modern experience provided by 101 Collins Street.”
High-profile tenants such as Allens Linklaters, Goldman Sachs, J.P Morgan, and Herbert Smith Freehills are just some of the names that occupy the building’s 57 storeys.
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More than 500 bike racks installed at 101 Collins Street

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Two months in from its September launch, CreativeCubes.Co residency is at four times the original forecast.
Over 40 percent of its 350-seat capacity has been snapped up with members including Uber Eats, Hummingbird Superfoods and Legalite Lawyers.
The facility’s state-of-the-art event space is also regularly used by advertising powerhouse REA Group and AirBNB, with plans to open a second hub in February.
That Hawthorn development is already at 25 percent capacity before its construction.
Key stats to support an angle around the success of Melbourne’s co-working market:
- The number of co-working spaces in Melbourne has grown by 35% in the last year (Knight Frank); are they now at a point of affecting the city’s real estate? - After launching in Building X (former Xerox HQ in the heart of Church Street’s commercial precinct), CreativeCubes.Co is already at 42% capacity - just two months from launch - Its next Hawthorn hub will open door in February, already at 25% capacity before opening - highlighting an appetite for a new way of leasing property - CreativeCubes.Co plan to open 3-5 more office spaces (nationally) in the next 18 months
JLL office leasing manager Matt Brown-Graves looked after the Cremorne lease.
“Three years ago, there were about 10 co-working spaces in Victoria - now there are over 80. Before they even open, we are seeing 40-50% occupancy rates, with building spaces spanning from 500-7000sqm," Brown-Graves said.
"The city fringe market, particular Richmond, has been crying out for these share offices, which is why they are seeing success.
“We are seeing a significant increase in enquiries from both major global and local boutique operators.
 
 
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jrobinson-rf4aSBido9

CreativeCubesCo residency at four times the original forecast

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GUEST OBSERVER
Many Australian companies are embracing funky new design features that maximise relaxation and homely chill zones in an effort to lure highly skilled professionals. While these features certainly hold appeal, most workers are looking for more than just neat design when they choose their ideal workplace.
Consulting firm Accenture recently made the news after installing a “Zen room” in its Melbourne offices to attract millennials to its workforce. Designed so that employees can take time out to relax, meditate or think through problems, the space is fitted out with hanging pod chairs, couches and a fireplace. Technology is banned.
And Accenture is not alone. Google has sleep pods and fish tank relaxation rooms with massage chairs in its Sydney office. Hammocks, indoor gardens, mini-golf, pool tables and even in-house bowling alleys are increasingly common fixtures.
Research shows that these types of spaces can accelerate recovery from cognitive fatigue as well as reducing stress. While not new, quiet spaces or relaxation rooms are intended to enhance well-being, increase engagement and improve performance.
Workplace engagement is a significant issue for employers, with levels of engagement continuing to fall. Studies have shown that only 28% of millennials are engaged at work.
At the same time, work-related stress continues to rise. Up to 49% of Australian employees are estimated to be stressed and distracted at work, costing employers more than A$10 billion per year.
Work stress is serious business
The consequences of work stress are of significant public interest because of their association with ill health, including cardiovascular disease and mental illness. Employers continue to experiment with workplace design, as it plays a powerful role in influencing stress. Alterations to design, materials and layout can have both positive and negative outcomes.
Open-plan offices have been a prevalent feature of workplaces for decades. Now more and more companies plan to implement hot-desking environments, where employees have no fixed desk. Research on open-plan environments has conclusively shown that employees struggle to perform effectively due to issues with noise, interruptions, distraction and loss of privacy. If you are interrupted, it can take up to 23 minutes to regain focus on the task.
One employee I spoke with during a workplace study commented that they had counted being interrupted 80 times in one morning. The interruptions had included an impromptu birthday morning tea in the workstations a few feet away, two colleagues having a stand-up argument, and another employee conducting a loud conference call on speakerphone in the open work area.
While it might seem like a folly, the design of relaxation or “zen rooms” has arisen in response to these and other challenges of modern workplace design and work. The photos of the relaxation spaces shown here have both an aesthetically pleasing and a domestic feel, designed to make employees feel relaxed and at home.
When work feels like home
Creating workplaces that don’t feel like offices is gaining popularity. Dropbox’s new Sydney’s office is intentionally designed to appear like an “Australian living room”. But is there any science behind the ideas, and is it likely to make any difference to recruits?
New research has shown that workplaces specifically designed to be aesthetically pleasing and beautiful led to increased levels of trust among new employees who perceived the employer to be more trustworthy as a result. Additionally, the higher levels of trust went on to predict coworker ratings of learning behaviour.
The use of natural materials such as wood and stone, rather than concrete and laminates, has been shown to increase creativity. Additionally, the same study showed that the use of cool colours and attractive details was helpful to creativity.
The benefits of the inclusion of indoor plants and/or views of greenery are supported by evidence showing that exposure to nature resulted in decreased heart rate, blood pressure and cortisol, a stress hormone. Another study showed that workplace greenery improved perceptions of air quality, concentration, satisfaction and productivity.
Relaxation spaces, often closed off from the wider office and fitted with relaxing furniture and good acoustics, address the key complaint of modern workplaces – noise.
Both single-talker and multi-talker distractions in open-plan offices result in higher levels of distraction and lower cognitive performance, according to research, as well as increased levels of annoyance and mental workload.
A key advantage of relaxation spaces are that employees are able to control noise and distraction. The ability of employees to exercise personal control over elements of the environment appears to mediate some of the negative effects.
Lighting levels, access to attractive views such as art, feature installations such as fireplaces, and proximity to windows have been shown to have direct positive physical effects.
Cool office design just one factor among many
While these examples show that the workplace itself is important, there are broader drivers of interest to job-seekers and millennials in particular.
A recent study by Gallup highlighted that opportunities to learn and grow, quality of the individual manager and management overall, interest in the work, and opportunities for advancement were ranked in the top 5 by millennials, gen X and baby boomers.
Empirical research has supported these findings, showing that interesting and flexible work along with good relationships with supervisors and colleagues were rated most important for millennials.
Though millennials seek work-life balance, time flexibility is only one aspect of a flexible environment. Millennials also seek flexibility in terms of employment with different types of contracts, role flexibility and flexibility with location.
<img src="https://counter.theconversation.com/content/87505/count.gif?distributor=republish-lightbox-basic" alt="The Conversation" width="1" height="1">Organisations seeking to increase loyalty need to ensure they are balancing attractive workplaces and flexibility with effective management and growth opportunities.
Libby Sander, Assistant Professor of Organisational Behaviour, Bond Business School.
This article was originally published on <a href="http://theconversation.com" target="_blank">The Conversation</a>. Read the <a href="https://theconversation.com/why-good-design-alone-wont-attract-millennials-to-your-company-87505" target="_blank">original article</a>.
View of the ‘living-room-like’ Sydney office of Dropbox. Supplied by: Dropbox.
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Why good design alone won't attract millennials to your company: Libby Sander 

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<div>Hewlett Packard's Rhodes campus in Sydney and Forest Hill campus in Melbourne have been listed for sale, as the leading computer maker looks to cash in on valuable real estate.</div>
<div> </div>
<div>At the 3.43ha Rhodes site, HPE is seeking to partner with an Australian developer to rezone the property and improve the site's development potential and value.</div>
<div> </div>
<div>Overall, the two sites could be worth $180 million, according to the Australian Financial Review. </div>
<div> </div>
<div>The Rhodes property, situated at 410 Concord Road, currently has a B7 Business Park zoning and very limited site coverage, with HPE’s headquarters totaling just 18,000sqm (representing just one-third of the site).</div>
<div>  </div>
<div>In Melbourne, HPE's 5.7ha site at <a href="https://www.realestate.com.au/property/353-383-burwood-hwy-forest-hill-vic-3131" target="_blank">353-383 Burwood Highway</a> (picture above) is being offered for an outright sale.</div>
<div>
<div> </div>
<div>The zoning already allows for a mixed-use development. </div>
<div> </div>
<div>However, the group will also seek to take a partial leaseback over the existing office building on the site, which has a net lettable area of 9,523 sqm.</div>
<div> </div>
<div>HP has appointed CBRE to market the sites. </div>
<div> </div>
<div>Offers close November 30.</div>
</div>
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Hewlett Packard sites listed in Sydney and Melbourne

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A boutique office building in North Sydney belonging to Property Bank Australia and Security Capital Corporation is on the market.
The <a href="https://www.realcommercial.com.au/property-offices-nsw-north+sydney-502573538" target="_blank">75 Miller Street</a> property is being marketed by Knight Frank’s Tyler Talbot and Dominic Ong along with CI Australia’s Bevan Kenny and Chris Veitch.
The vendor expectations are in the range of $50 million, Fairfax Media added.
Talbot said the asset, which is almost fully leased, is well placed to capture future growth in the sought after North Sydney market and will appeal to both local and offshore buyers.
“We are seeing a great deal of growth in North Sydney’s secondary office space, with further stock withdrawals tightening supply and dramatically increasing net effective rental returns for investors," he said.
Knight Frank research forecasts an average of 10.36% net effective rental growth per annum over the next three years for North Sydney B-grade stock.
Situated on 777 sqm of land area, 75 Miller Street spans 4,930 sqm and is a fully-refurbished boutique asset.
The property features multiple subdivision options and captures harbour views.
It is close to public transport and its onsite amenities includes a ground-floor café, gym and childcare centre.
The property is being marketed through an expressions of interest campaign that ended on October 26.
 
 
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North Sydney office building listed for sale with $50 million hopes

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An Abbotsford site, currently home to a former National Bank building, has been listed with expectations of more than $3 million.
The <a href="https://www.realcommercial.com.au/property-retail-vic-abbotsford-502597338" target="_blank">261 Victoria Street</a> property comprises a 540 sqm Italianate palazzo style building over two levels on a Commercial 1 zoned site.
According to Teska Carson’s Michael Taylor, who is marketing the property with colleague Fergus Evans, the land at the rear of the building has potential for development.
“The property presents as a great opportunity to capitalise on the very strong demand for new development in Abbotsford. This would potentially involve subdividing the land and developing the rear hardstand component whilst perhaps retaining and/or expanding on current uses over what is a very attractive and presentable commercial building on Victoria Street.”
He said Abbotsford was undergoing gentrification in response to demand, particularly from the residential market, with a large number of new mixed-use developments completed in the immediate vicinity of the property.
The building has been maintained and refurbished over the years and comprises a number of partitioned offices that could easily be adapted to suit various uses.  
 
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Former bank site in Abbotsford listed with $3 million hopes 

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Creative is the buzzword at Holt and Hart, an office precinct in Sydney’s inner suburb of Surry Hills.
Recently, an office space at <a href="https://www.commercialpropertyguide.com.au/property/258663/sale/suite-309-50-holt-street/surry-hills-nsw-2010/offices/" target="_blank">Suite 309, 50 Holt Street</a>, was sold for an undisclosed sum.
The 201 sqm, strata titled office was advertised for auction with expectations of $2.3 million.
It changed hands recently in July this year for $2,050,000, according to CoreLogic RP Data. The vendor was Oriental Capital Pty Ltd.
According to the description, the property comes with “uncompromising level of finish, fit-out, services and amenity”.
The workplace has a sense of style. The building is anchored by a variety of cafes and eateries that add to its overall appeal. 
The property’s features include 201.2 sqm of net lettable area and passing income of $138,583.
The space is leased until October 2018 with further options till 2021 and  5% annual increases.
There is a fixed 5% review at the take up of the option.
<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/2017/09/19/Creative2.jpg" alt="">
Tenants include fashion, media, and design businesses, including Cue Clothing.
The selling agents were Gunning Real Estate’s Tom Speakman and DB Property’s David Brown. 
A shortage of creative office spaces in the Sydney CBD is inspiring tenants to come up with own creative solutions to customise their workspaces, with a recent example being at 6 O’Connell Street.
 
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Creative office spaces in demand as Surry Hills suite snapped up

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A shortage of creative office spaces in the Sydney CBD is inspiring tenants to come up with own creative solutions to customise their workspaces.
A recent example is <a href="https://www.realcommercial.com.au/property-offices-nsw-sydney-500609535" target="_blank">6 O’Connell Street</a>, a building owned by Investa Office Fund which recently became home to two creative tenants: design firm Gensler and Axiom Workplaces.  
Both have transformed their new workspace using clever design to deliver premium creative space, according to Colliers International, which facilitated the leasing deals.
Dean Bracken and Trent Stephens from Colliers along with Cushman &amp; Wakefield have been appointed as leasing agents by Investa for 6 O’Connell Street.
“Given the limited supply of space in the CBD, tenants need to be quick to secure their ideal office spaces and make the tenancies their own. These companies are examples of those who have taken on the fit out themselves to create a workspace to their own standards,” said Dean Bracken of Colliers International, who was responsible for placing both tenants in the building.  
Axiom was represented by Luke Dutton from Colliers International Tenant Advisory.
“B Grade buildings are attracting quality tenants and high rents – this building in particular is one of the best located, fronting both O’Connell and Bligh Streets in the CBD which offers Harbour Bridge views and continues to attract a diverse range of tenants,” he added.
Global design firm Gensler were originally searching for a heritage building in the CBD location. They have transformed their 6 O’Connell Street tenancy into a sleek, sophisticated office with a homely feel. 
The office (picture above) has a residential feel upon entry, with a fireplace, wine rack and modern, wooden finishes and an artistic mural to reflect the creativity of the business.
“The ground floor space at 6 O’Connell that we now call home presented us with a great opportunity to really showcase our approach to workplace design, which often draws upon hospitality, retail and F&amp;B design influences,” Andrew Waddle, associate at Gensler, said.  
<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/2017/10/20/Gensler2.jpg" alt="">
Axiom Workplaces also recently relocated to 6 O’Connell Street, designing and delivering office space with a futuristic feel.
Their office space is designed to emulate a compass, with the middle being anchored by a virtual reality room, with exposed ceilings, concrete treated flooring and terracotta potted plants around windows adding to the overall affect. 
“We didn’t see 6 O’Connell St as just a B-grade property. In fact, we saw it as a prime location in the heart of the CBD and an opportunity to transform the space into something uniquely Axiom. Using our own expertise and talent, we’ve created our ideal workplace that encourages our teams to perform at their optimum from both a creative and a business growth standpoint,” said Alister Hales, head of Business Development and Client Services at Axiom Projects. 
“Design is at the core of what these businesses do, and their offices reflect this.” 
“With French cabaret restaurant Hubert and Spanish wine bar Balcon by Tapavino occupying lower levels of the building this location and other surrounding amenity means that 6 O’Connell Street is one of the most desirable B grade offices in Sydney’s CBD.”
 
 
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Tenants get creative at Investa’s 6 O’Connell Street in Sydney CBD

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NBN Co, which is at the centre of the debate on the success of the broadband rollout across Australia, has taken a lease at 100 Mount Street, North Sydney, the shiny new office building under construction.
The building is owned jointly by Dexus and Dexus Wholesale Property Fund.
NBN has leased 20,364 sqm, representing 48% of the building, and is consolidating its office space from various locations across Sydney. 
The company joins Laing O’Rourke, the building’s anchor tenant, taking pre-commitment to 60% prior to the completion of construction, which began in 2016 and expected to be over by 2019.
It was reported earlier that NBN was eyeing two new top-end office headquarters in Sydney and Melbourne.
<a href="https://100mountstreet.com.au/" target="_blank">100 Mount Street</a> is a 35-level office tower development that will span 42,134 sqm. It will have views of Sydney Harbour towards the Sydney CBD. 
The building will feature amenities including end-of-trip facilities, concierge, and smart building connectivity designed to provide customers with flexibility. The development will target 5 star Green Star and 5 star NABERS Energy ratings.
“We are pleased to have enabled NBN to consolidate from multiple Sydney and North Sydney locations into one, and meet the needs of an innovative and growing group through incorporating smart building technology in our newest Dexus Workspace,” Dexus CEO Darren Steinberg said.
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