Property developer One Living, backed by former Macquarie banker turned investment manager Chris Green’s investment firm, has unveiled plans to bring more institutional capital into housing to help address the national supply crisis.

The New York-based investor has focused his firm, GreenPoint Partners, on addressing the supply shortage hitting middle market housing in Australia.

It is backing the new One Living business to develop more than 1000 units along the eastern seaboard. The new firm is starting with a development on Mona Vale Road, on the border of Mona Vale and Pymble, in Sydney’s Northern Beaches, with around 140 apartments planned. They are eyeing off more sites across the city.

With cost pressures rising in the industry, One Living’s model is to be a vertically integrated developer-builder, so it can respond directly to the housing gap by removing the cost inefficiencies embedded in traditional residential delivery.

“We are building a platform designed to operate at scale and starting in a market where there’s a clear need for quality, attainable housing,” One Living joint managing director Joseph Scuderi said.

“It’s that missing middle – it’s that attainable end of housing… that’s what most Australians invest into and what Australians can actually afford.”

<img alt="Mona Vale" data-entity-type="file" data-entity-uuid="798dfa93-4941-4db6-a696-31e9dc18e81c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%202.31.50%E2%80%AFPM.png?VersionId=mKBqi5C_DmeiXS.AtJkcR8LQIxqCqmFi" />

GreenPoint Partners brings years of experience assembling and scaling real estate operating businesses across major markets. And Green sees a big opportunity in Australia.

“For its size, sophistication and importance to the community, Australia’s living sector has remained largely under-institutionalised, which represents significant opportunity,” Green said. “GreenPoint identified that gap, assembled the right team, and is backing One Living to build a platform that is aligned to market needs.”

Green said being a builder-developer would give the company the capacity and flexibility it required to deliver reasonably-priced homes.

“We want it to be at that attainable level; not super high end luxury but at that attainable level,” he said.

<img alt="Mona Vale" data-entity-type="file" data-entity-uuid="74a5344a-4b26-4d4a-ada3-056b1220be77" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%202.32.15%E2%80%AFPM.png?VersionId=vY8hXHO4reBMdO8ZXMWCNtGZJofUPQ3j" />

&nbsp;

One Living will undertake a component of affordable housing in its schemes, which it will own and operate, and it could also run build-to-rent on some sites.

Green praised local policy settings.

“The NSW government is being very supportive, strategic and pragmatic in terms of how do we generate more supply of housing,” he said. “We think it’s actually positive for development and the bit that’s been lacking at that attainable level is that it’s lots of relatively small private developers, whereas we want to create an institutional platform.”

One Living is also&nbsp;looking at high-density projects and could take on more institutional funding in the future.

“The way we will be able to achieve economies of scale is through size,” Green added.

Joel Robinson

One Living enters Sydney's new apartment market with Northern Beaches site acquisition

It's been several years since there's been an opportunity to buy a brand new townhome in Melbourne's coastal suburb of Mordialloc. Even apartment developments in recent times have been few and far between in the area.

Local developer LDS Property identified the gap in new housing, securing a site on White Street, directly opposite&nbsp;Woodlands Golf Club Mordialloc. They've recently launched&nbsp;<a href="https://www.apartments.com.au/new-townhouses/wm-residences-mordialloc-102-white-street-mordialloc-vic-3195">WM Residences</a>, just 13 townhouses which they have already started building.

Projects by Buxton Director Heath Thompson, who is selling WM Residences, says the townhouses x that perfect middle ground be

"Mordialloc residents have had limited options to downsize within the suburb, often forcing them to look elsewhere despite long-standing ties to the area," Thompson says.

"With very little comparable new supply coming to market, projects like WM Residences are well placed, particularly as buyers look to capitalise on current conditions amid constrained supply."

[smartcode_project:default project_id=134646 project_image_fid=6109]

The development, designed by regarded architecture firm&nbsp;<a href="https://www.apartments.com.au/architects/ewert-leaf">Ewert Leaf</a>,&nbsp;adopts a deliberately restrained architectural approach, focusing on simplicity, durability and liveability rather than overt design gestures.

The boutique scale is central to the offering. With only 13 three-bedroom residences, each home is configured to prioritise functional layouts and everyday use, supported by private terraces and secure two-car garages.

Ewert Leaf’s design response leans into a calm, neutral material palette. Interiors are defined by oak flooring, white walls and soft finishes, creating a consistent and understated backdrop. The approach avoids trend-driven detailing in favour of longevity, with an emphasis on natural light and spatial clarity.

[smartcode_project:default project_id=134646 project_image_fid=6110]

Beyond aesthetics, the homes are designed to meet contemporary performance expectations. Each residence targets a minimum 6-star energy rating, incorporating double glazing, comprehensive insulation and all-electric Bosch appliances.

The project’s location supports a walkable coastal lifestyle, sitting within close proximity to Mordialloc’s foreshore, Main Street retail strip and the train station. Local cafés and dining venues, including Suburbia Deli and Hendriks Café, are within a short walk, reinforcing the area’s established neighbourhood character.

[smartcode_project:default project_id=134646 project_image_fid=6116]

While <a href="https://www.apartments.com.au/developments/mordialloc-vic-3195">Mordialloc</a> is often defined by its beach and pier, the project taps into other areas of day to day living, offering easy access to local food, casual dining and transport, rather than positioning itself purely as a lifestyle retreat.

WM Residences reflects a continued trend across Melbourne’s coastal suburbs towards smaller-scale, design-led townhouse developments, particularly on infill sites where proximity to amenity is already established.

With construction commenced prior to its market entry, the project aligns with a growing preference among buyers for developments with visible progress and defined delivery timeframes.

[smartcode_project_cta:default project_id=134646]

WM Residences fills gap in Mordialloc townhouse market

&nbsp;

Developer GURNER™ Group has revealed $1.65 billion in residential sales nationally across the 12 months to December 2025, driven largely by the continued momentum of its Docklands wellness-focused precinct, Elysium Fields.

The sales result was generated across seven projects in Victoria and New South Wales, headlined by Elysium Fields, GURNER™’s $2.75 billion mixed-use precinct planned for Harbour Esplanade in Docklands.

The project has recorded more than $500 million in sales across the first three towers, equating to around 580 apartments sold.

The first tower, Helios, has now sold out of its 240 private residences, with GURNER™ preparing to release a premium penthouse collection comprising 15 three-bedroom penthouses in coming weeks.

[smartcode_project:default project_id=144441 project_image_fid=370975]

Elysium Fields is being developed on the long-held 20,000 sqm Docklands site at 208-226 Harbour Esplanade, which had remained undeveloped for more than two decades prior to GURNER™ taking over the project around four years ago.

Construction has now commenced across four towers ranging between 18 and 30 storeys, with Hamilton Marino and Maxcon appointed as builders.

Once complete, the precinct is expected to comprise around 1,100 residences, alongside retail, hospitality and public realm uses integrated throughout the site.

[smartcode_project:default project_id=144441 project_image_fid=370981]

Designed by Fraser &amp; Partners in collaboration with GURNER™ Design House, the project has been positioned around the developer’s broader focus on wellness-led residential living.

“We don’t sell apartments. We create a true luxury lifestyle that simply doesn’t exist elsewhere in the market today,” Founder and Executive Chairman Tim Gurner said.

“To deliver that requires an extraordinary level of detail, coordination and discipline across multiple verticals, from design and hospitality through to wellness and service.”

“We’ve always believed that living extends far beyond the physical residence. It’s about how you feel the moment you arrive, how you live day-to-day, and the ecosystem that supports that.” 
[smartcode_project:default project_id=144441 project_image_fid=370977]

The project’s design places a heavy focus on landscaping, wellness amenities and biophilic design principles.

Plans include around 3,700 sqm of landscaped gardens and open space throughout the precinct, alongside a retail and dining offering spanning approximately 5,000 sqm.

The broader public realm strategy centres around what GURNER™ describes as the “Path of Life”, an urban forest and landscaped pedestrian environment intended to connect the various buildings and wellness spaces across the precinct.

The apartments themselves will incorporate a range of wellness-focused inclusions, including purified air and water systems, circadian lighting, antimicrobial surfaces, and optional in-home wellness upgrades.

[smartcode_project:default project_id=144441 project_image_fid=370980]

Gurner said the company’s experience through its Saint Haven wellness clubs had directly informed the residential offering now being incorporated into Elysium Fields.

“We’re seeing a clear global shift toward longevity, performance and proactive health,” Gurner said.

“Our role is to deliver that in a way that feels seamless, highly private and beautifully resolved within the environments we create.”

A large component of the wellness offering is planned through the resident amenity and health facilities proposed within the precinct.

That includes plans for bathing and recovery facilities spread throughout the towers, incorporating mineral pools, saunas, steam rooms, flotation therapy, red light therapy and wellness lounges.

The developer is also seeking approvals for what it describes as a “reverse ageing medical clinic” within the precinct.

[smartcode_project:default project_id=144441 project_image_fid=370978]

According to project information released by the group, the proposed facility would include cryotherapy, IV infusion therapy, infrared and dry saunas, PEMF beds, MRIs, DEXA scans, brain scans and blood analysis services.

Within the first tower, Helios, residents will also have access to a dedicated amenity offering known as the Sky Private Club.

The upper 15 levels of the building will include private lounges, dining spaces, rooftop amenities and optional private wellness studios integrated within residences.

The Helios tower itself comprises 260 apartments ranging between 60 sqm and 300 sqm, including a collection of penthouses.

That includes a planned two-storey penthouse spanning around 600 sqm with uninterrupted bay views.

The Elysium Fields precinct is being delivered in partnership with Digital Harbour Holdings, a consortium that includes the Liberman family, which controls the development rights across the Docklands site.

[smartcode_project:default project_id=144441 project_image_fid=370979]

The sales result comes as GURNER™ continues expanding its national development pipeline beyond Victoria.

“We have a strong pipeline across Australia and are now focused on scaling into key markets including New South Wales and Queensland, while continuing to build on our Melbourne base,” Gurner said.

“We currently have more than $3 billion in the market, growing to over $5 billion by October, and expect to materially outperform last year in the 2026 calendar year.”

The result also reflects the continued strength of the upper-end apartment market in Melbourne, particularly for owner-occupier-focused product with large-scale amenity and lifestyle offerings.

[smartcode_project_cta:default project_id=144441]

Record result anchored by the Group’s “utopian” Elysium Fields precinct – defying market headwinds in Docklands.

Elysium Fields drive Gurner to $1.65 billion in apartment sales over 2025

National Australia Bank (NAB) will fund <a href="https://www.apartments.com.au/new-apartments/palmera-residences-gold-coast-18-garfield-terrace-surfers-paradise-qld-4217">Palmera</a>, a $1 billion, 52-level luxury residential tower being developed by Central Equity in one of the Gold Coast’s most tightly held coastal locations at Northcliffe.

The project, launched recently by <a href="https://www.apartments.com.au/developers/central-equity">Central Equity</a>, one of Victoria’s largest private residential developers, comes at a time when construction funding for large residential developments has become increasingly competitive as lenders tighten exposure to the sector.

Multiplex has been appointed the builder, and construction is now underway.

[smartcode_project:default project_id=108274 project_image_fid=365784]

Since its first project, Central Equity has delivered more than 85 residential developments with a combined end value exceeding $8 billion.

Palmera reflects Central Equity’s growing focus on the Gold Coast luxury apartment market and continues a relationship between Central Equity and NAB that dates back to the late 1980s, when the bank funded one of Melbourne’s earliest inner-city residential towers at a time when high-rise apartment living in the CBD was largely unproven.

“NAB’s funding of Central Equity’s $36 million CBD development in the late 1980’s to the financing of the billion-dollar tower today highlights the long-term relationship between the two organisations in delivering major residential projects” said Central Equity Founder and Chairman Eddie Kutner.

He said NAB’s early support was instrumental in helping establish the company’s development model.

“When we commenced our first residential tower in the late 1980s the concept of funding off-the-plan apartments was still largely untested in Australia,” Kutner said.

“NAB recognised the opportunity early and supported the project when others were uncertain. That relationship has now continued for more than 37 years across many developments.”

[smartcode_project:default project_id=108274 project_image_fid=365771]

Central Equity was established in 1987 when Melbourne’s CBD and Southbank precinct were still dominated by warehouses and commercial buildings. Fewer than 100 residents lived in Southbank at the time, and large-scale residential development in the inner city was not widely considered.

Recognising changing demographics and lifestyle preferences, the company began developing high-rise residential projects designed to bring permanent residents into the city centre.

Central Equity has provided accommodation for approximately 40,000 residents across Melbourne’s CBD and Southbank, while also incorporating supporting infrastructure including essential lifestyle facilities like retail spaces, childcare facilities and neighbourhood activity centres.

Central Equity has spent many years assembling the Palmera development site on the corner of Garfield Terrace and Frederick Street in Northcliffe, creating a supersite of around 3,300 sqm.

The developer said the Palmera apartment tower reflects its long-term view of the Gold Coast as a growing and increasingly diversified economy.

[smartcode_project:default project_id=108274 project_image_fid=365768]

Supported by infrastructure including the light rail network, major road upgrades expanded education, hospital and medical facilities and continued expansion at the Gold Coast Airport with more international and domestic flights.

Positioned in the tightly held Northcliffe precinct, the 52-level tower will deliver 347 apartments, targeting buyers seeking a high-end coastal lifestyle, from downsizers to interstate investors.

Designed by Marchese Partners with interiors by DBI, Palmera has been conceived as a next-generation residential offering, featuring a collection of oversized apartments, with premium three-bedroom residences offering sweeping northern views stretching from Surfers Paradise through to Burleigh Heads.

[smartcode_project_cta:default project_id=108274]

NAB funds $1 billion Surfers Paradise apartment development, Palmera

Two years after completing one of the newest developments in North Sydney, developer <a href="https://www.apartments.com.au/developers/aqualand-australia">Aqualand</a> is turning its attention to the rapidly evolving St Leonards apartment market.

The developer, which completed AURA by Aqualand on North Sydney's Walker Street, has lodged plans for a 5,918 sqm site at <a href="https://www.apartments.com.au/new-apartments/33-37-herbert-street-st-leonards-nsw-2065">33-37 Herbert Street, St Leonards,</a> seeking approval for a pair of residential towers rising above a shared podium opposite Royal North Shore Hospital.

The proposal forms part of the broader transformation underway across the St Leonards-Crows Nest precinct, where former industrial and commercial sites are increasingly being redeveloped into high-density mixed-use projects tied to major transport infrastructure.

<img alt="Aqualand" data-entity-type="file" data-entity-uuid="2cc428cf-fe70-4cac-9cd5-264ad53af62c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%209.51.56%E2%80%AFAM.png?VersionId=otKSnHtbjAvAddOnovyXQMgcAwE6DMe1" />

According to the planning documents, the site sits “within the St Leonards–Crows Nest Strategic Centre, identified by the NSW Government as a key area for accommodating future jobs and housing across Sydney.”

The proposal has been designed by fjcstudio, formerly FJMT Studio, and is being progressed through the State Significant Development pathway due to its scale and affordable housing provision.

The scheme would comprise 413 apartments, including 46 affordable housing units, alongside retail and commercial uses fronting Herbert Street. The project would also include communal open space, landscaping, a swimming pool, gymnasium, children’s play areas and podium-level resident amenities.

Planning documents show the development would consist of a part-13, part-39 storey tower form positioned above a four-storey podium.

“The development comprises a unified podium that activates the street interface, and two setback towers to accommodate new housing supply while maintaining an appropriate human scale at ground level,” fjcstudio noted in its Design Report.

The northern and southern towers have been shaped to respond to the surrounding skyline while also limiting overshadowing impacts to nearby public open space, particularly Talus Reserve.

The design report said the differing tower heights were intended to “contribute to a varied skyline while responding to the surrounding built form context and solar access considerations.”

<img alt="Aqualand" data-entity-type="file" data-entity-uuid="36da62dc-ff9e-41f2-a7e3-7be38373751c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%209.51.45%E2%80%AFAM_0.png?VersionId=Mo6Rp2r.XRLTzIfg_PEEpw8NepDH8UBs" />

The site sits directly opposite Royal North Shore Hospital and within walking distance of both St Leonards Station and the new Crows Nest Metro station.

While the site itself sits just outside the formal Crows Nest Transport Oriented Development boundary, the planning documents repeatedly reference its alignment with the broader TOD objectives reshaping the Lower North Shore.

“The site is located adjacent to St Leonards Station and in close proximity to Crows Nest Metro which is within the Crows Nest Transit Orientated Development Accelerated Precinct which has been identified by the NSW Government to support housing delivery,” the Design Verification Statement noted.

According to fjcstudio, the project has been designed to respond to the broader transition occurring across St Leonards, where increasing residential density is being concentrated around transport infrastructure and employment hubs.

“The broader precinct is undergoing significant change, with a mix of existing mid-rise buildings and newer high-density developments,” the report stated.

“Recent and approved projects indicate a consistent shift toward taller built form, typically organised as tower-and-podium typologies with more active ground levels.”

The proposal includes close to 6,000 sqm of retail and commercial space across the ground floor and podium levels, designed to create a more activated street edge along Herbert Street.

Aqualand’s plans would also introduce a landscaped podium shared between the two towers, with communal open space in the form of a podium rooftop designed to support resident interaction and improve urban greening outcomes. The scheme would also introduce pocket parks at the northern and southern ends of the site, including a landscaped area at the corner of Herbert and Ella streets designed to improve pedestrian amenity and soften the streetscape.

&nbsp;

The proposal is being progressed through the NSW Government’s Housing Delivery Authority pathway, which was introduced to accelerate housing supply across the state. The application was declared State Significant Development in April 2025 following an expression of interest process.

<img alt="Aqualand" data-entity-type="file" data-entity-uuid="faf6d97d-2671-454f-b85a-fe1c6a7be608" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%209.51.49%E2%80%AFAM.png?VersionId=diVd28OBVr5.YV.7prrOz.uAanwwwm7a" />

St Leonards has been particularly active with new developments in recent weeks. Developer SP Setia’s <a href="https://www.apartments.com.au/news/nsw/first-look-sp-setia-targets-st-leonards-skyline-with-40-storey-tod-tower">plans for a new 42-storey tower</a> recently went on exhibition through the same pathway, while <a href="https://www.apartments.com.au/news/nsw/first-look-stockland-plans-52-storey-538-apartment-st-leonards-tower">Stockland’s 52-storey tower proposal</a> was also recently unveiled.

Aside from the St Leonards project, which is expected to take around nine months to move through the approvals process ahead of a potential 2027 launch, Aqualand is also preparing to launch Boronia, a new apartment project in Roseville comprising around 111 apartments on Larkin Street.

The developer also has approvals in place for the next stage of the Barangaroo precinct, which will feature new residential, retail, hospitality and community uses, alongside a new metro entry across the five-hectare site.

More than 50 new retail destinations are planned for Central Barangaroo, alongside a 270-metre-long boulevard connecting Hickson Park to Nawi Cove. Together with Harbour Park, more than 50 per cent of the precinct will comprise public open space and parkland.

First look: Aqualand joins St Leonards apartment party

Residential Development

<html><body>
The first apartment development in Attadale, located at 54 Canning Highway has been listed by Mark Hay.
<div>The apartment block was architecturally designed by Machin Architects and features 30 one-and two-bedroom apartments and four top floor penthouses.</div>
<div> </div>
<div>There is also a private, resident use only, 20,000 square metre garden designed by Jamie Durie and his team at Durie Designs at the rear of the building.</div>
<div> </div>
<div>Around 45% of the property has already sold off the plan.</div>
<div> </div>
<div>The medium price for a unit in Attadale is $470,000 according to CoreLogic RP Data.</div>
</body></html>

jonathanchancellor-7SQnKwU6yx

Jamie Durie gardens in Perth project

<html><body>
Private property group Citimark has broken ground  on its landmark $85 million Silkstone urban renewal project in Ipswich.
The 14-hectare site, located just 2km from the Ipswich CBD, will comprise a shopping centre, an affordable residential community and parkland.
More than 75 percent of the first residential stage has sold since Citimark secured development approval earlier this year.
Citimark joint managing director Angus Johnson said the start of construction this month represented an exciting milestone for the project.
“Following months of preparation we’ve begun the construction phase on what is one of the most significant residential projects underway in Silkstone,” he said.
“It is a key part of the suburb’s wider rejuvenation and transformation.”  
The community will boast a 4,950sqm state-of-the-art neighborhood shopping centre, a 140-lot housing subdivision, known as Silkstone Residences and six hectares of parkland and sporting grounds, which will be returned to the community as part of the development.
Builders Urbane Homes and QNV Constructions have been appointed to construct the residential element, with Hutchinson Builders awarded the shopping centre contract.
Mr Johnson said the combination of a quality development, convenience and attractive price point was a major draw card for discerning buyers.
“There has been strong pre-sales from local buyers, he said.
 “Silkstone Residences is affordably priced with a high standard of fixtures and finishes that are unparalleled by other developments in the area.
 “The project’s premium location and its proximity to amenities and transport have resonated with buyers.”
The shopping centre will have a 4200sqm full-line Coles supermarket with on-grade parking for 275 vehicles.
The centre will also comprise a mall, food court and central garden-themed atrium, with its fit-out to reflect the heritage of the suburb, designed by award-winning architects Cottee Parker. 
Silkstone Residences will feature 91 traditional houses and 49 terrace homes on lots ranging in size from 185sqm to 500sqm.
All of the homes and terraces will have four bedrooms, two bathrooms and include air conditioning, alfresco verandas, stone benchtops and double lock-up garages, with house and land packages starting from $329,000.
The community will feature tree-lined streets, significant landscaping incorporating native trees, and sweeping parkland views.
For more information <a href="https://citimark.com.au/projects/silkstone-residences-prj-39" target="_blank">click here</a>.
</body></html>

Citimark breaks ground on Ipswich urban renewal project

<html><body>
Stage 6 land lots have been launched at Johnson Property Group's Trinity Point development on the NSW Central Coast suburb of Lake Macquarie for the construction of luxury terraces as part of the development's $388 million master planned community.
Former Australian cricket test captain and ambassador for Trinity Point, Michael Clarke joined Johnson Property Group’s Keith Johnson in opening the new development stage.
Clarke was the first to purchase within the estate, buying a four bedroom, three storey luxury terrace in November last year which he purchased for $1,388,888 million. Newcastle's Jennifer Hawkins is also an ambassador.
Johnson Property Group Managing Director Keith Johnson said the start of construction of the terraces is a major development milestone for the project, having commenced construction on stage one of the 188-berth marina on Lake Macquarie in February.
“2016 is a big year for Trinity Point with construction starting on our luxury, architecturally designed, three storey terraces as well as our world-class marina, roadworks and other infrastructure getting underway,” he said.  
Featuring the largest blocks to be released to date at Trinity Point, Stage 6 lots range in size from 500 to 852 square metres.
Terraces feature two, three and four bedrooms and ranging in size from 192 to 256 square metres, priced from $1,088,888 to $1,328,888. All terraces feature balconies for outdoor dining and landscaped yards.
Michael Clarke said Trinity Point is one of those rare projects that comes along maybe once in a lifetime as it’s located in a pristine part of Australia’s stunning coastline, which you just don’t want to miss out on 
“My wife Kyly and I are really looking forward to enjoying the peace and tranquillity which comes with living beside a stunning expansive waterway such as Lake Macquarie," he said.
“We’re also very excited about becoming part of the Trinity Point community. It’s going to be thrilling to see the development take shape and I’m delighted to be helping Johnson Property Group celebrate the start of construction of the luxury terraces today.
“With my growing family, we’re very much looking forward to spending some lovely family holidays here at Trinity Point. It’s a hugely exciting project which is going to bring jobs and economy to the local community and an outstanding, sophisticated new destination and tourist attraction for Lake Macquarie. I’m delighted to be apart of it."
Johnson Property Group will commence selling the remaining terraces during the construction phase. 
Upon completion, Trinity Point is planned to include:
<ul>
<li>189 residential land lots and medium-density housing</li>
<li>250 apartments comprising of a mix of residential and short stay units</li>
<li>a 188-berth marina </li>
<li>a 5 Star Pullman hotel</li>
<li>A 200-seat restaurant with additional outdoor dining</li>
<li>A 300-seat function room</li>
<li>A 60-80 seat cafe</li>
<li>5 Star resort facilities including a luxury Day Spa, pool, gymnasium</li>
<li>Retail precinct</li>
</ul>
 
For more information visit <a href="https://www.trinitypoint.com.au" target="_blank">trinitypoint.com.au</a> or call 1300 888 888.
 
</body></html>

Stage 6 land lots released at Trinity Point

<html><body>
<div class="page" title="Page 1">
<div class="layoutArea">
<div class="column">
An $11 million apartment in Mirvac's The Eastbourne has sold, achieving a sqm rate at almost $24,000 per sqm.
It eclipsed the previous record held by the Salta building at 150 Clarendon Street which has long been the benchmark for prestige living in Melbourne.
With the Grand Pavilion Penthouse yet to hit the market however, the new record may not stand for long, with price expectations exceeding $30,000 per sqm.
The penthouse will feature 50 metres of frontage and an outdoor pool offering views across Fitzroy Gardens.
The Eastbourne is a classically terraced building set across 11 levels fronting Fitzroy Gardens, boasting spectacular views of the CBD and neighbouring abundant greenery.
Construction is set to start in the coming months on the Bates Smart development, so the design suite, which is now open to the public, will only be on site for a limited time.
John Carfi, Mirvac's head of residential said The Eastbourne’s recipe for success had been tried and tested previously at Mirvac’s landmark St Kilda Road development The Melburnian.
“We knew we had something special here and that determined our approach and our collaboration with Bates Smart to create a landmark project befitting its location and address,” he said.
“It is wonderful to see the success of The Melburnian replicated in East Melbourne, where purchasers have jumped at this unique opportunity.”
The first release comprised the Pavilion Collection – the project’s premium residences boasting large terraces with views over the Fitzroy Gardens and price tags starting from $2 million.
More than 90 percent of this stage has been sold to some of Melbourne’s most highly regarded people, including residents from the famed 150 Clarendon building on the other side of the park, upgrading to East Melbourne’s newest address.
One, two and three bedroom apartments are available, starting from $500,000, with these apartment aimed at the discerning young professional market.
Carfi said that families with young and teenage children have been attracted to the lifestyle advantages of The Eastbourne.
He also suggested that Sydney-siders have seen value in the building and customers are flying down to buy.
The project will also feature a dining room with chefs kitchen, resident's lounge with courtyard and barbecue, a cinema room and a business centre.
With demolition already underway, construction is set to commence early in 2017 and completion expected by mid-2019.
</div>
</div>
</div>
<div title="Page 2">Over 3000 expressions of interest were lodged by interested buyers when the project was launched. </div>
<div title="Page 2"> </div>
<div title="Page 2">For more information, <a href="https://theeastbourne.mirvac.com" target="_blank">click here.</a>
</div>
</body></html>

j.ballantyne1990-6AQqhLzZaK

The Eastbourne breaks sqm rate record in East Melbourne

<html><body>
A $150 million hotel being developed by Frasers Property Australia and Sekisui House at Sydney’s $2 billion Central Park urban village is to be branded a Starwood hotel.
Starwood Hotels &amp; Resorts director of acquisitions and development, Andrew Taylor, said the 297-room hotel will be branded Four Points by Sheraton Central Park.
<img src="/images/2016/06/16/Screen%20Shot%202016-06-16%20at%2011.28.06%20AM.png" alt="" width="683" height="421">
It was designed by British architects Foster + Partners to appeal to both leisure and corporate travellers.
The Australian reported Starwood, which will merge with Marriott in a $US14bn ($19bn) deal next month, creating the world’s largest hotel company, won the tender against three other international operators including one of Frasers Property’s own brands.
The hotel will be open by early 2018.
</body></html>

Frasers Property and Sekisui House appoint Starwood Hotels at Central Park

<html><body><div class="page" title="Page 1">
<div class="section">
<div class="layoutArea">
<div class="column">
A $1 billion twin-tower vertical community is set for development in Melbourne, with Queens Place designed to create a 'Melbourne within Melbourne' according to developer 3L Alliance.
The development, 350 Queens Place on Flagstaff Hill, will even feature laneway shopping at ground level and a host of other services such as restaurants, private cinemas, a library, poker and mah jong room, a private garden terrace, karaoke suite, and even a cigar bar.
The development features offering one, two and three-bedroom apartments in a range of floorplans, living options, finish levels, amenity and view opportunities. The one, two and three-bedroom apartments range from 45 to 168 square metres, with prices starting at $449,000 designed in collaboration by Cox Architecture, Fender Katsalidis Architects and Hecker Guthrie.
3L Alliance General Manager Gavin Boyd said  the design of the building was inspired by Melbourne’s myriad alleys, and much-loved institutions like the historic Block and Royal Arcades, and  is criss-crossed at ground level by a network of intimately scaled laneways.
"The architecture of Queens Place weaves the city’s past, present and future into a striking, tri-form composition that succeeds at every level and from every vantage point," he said.
"Be it for exercise, entertaining or entertainment, a quiet escape, or to partake in your favourite indulgence, the level of communal amenities is above and beyond that of any residential development in Melbourne’s history.
"Reaching new heights on floors 69 to 78, the expansive and sublimely appointed ‘Queens Residences’ will reward owners with the ultimate in urban sophistication across a selection of penthouses and sub penthouses. "
The display suite is currently located at 332 La Trobe Street, Melbourne, and is open from 11am to 4pm daily and contactable via 1300 793 798.
For more information <a href="https://queensplacemelbourne.com.au/en/" target="_blank">click here</a>.
</div>
</div>
</div>
</div></body></html>

Queens Place, Melbourne tower one secures 80 percent sellout

<html><body><div class="page" title="Page 1">
<div class="layoutArea">
<div class="column">
Adelaide's $100 million, 28 storey 210 apartment development Vue on King William is the state's tallest residential building following its official opening by Deputy Premier, John Rau. 
More than 400 new residents are expected to move in over the coming weeks.
Vue features a six level podium, recessed roof top garden, pool deck, recreation centre and 22 level glass frontage and was designed by architects Woods Bagot.
Vue on King William is a joint venture between Adelaide-based Starfish Developments and Melbourne-based Asian Pacific Group.
One split level penthouse is on the market worth around $2 million. It features 240sqm of living space including 100 square metres of entertaining space, 3-bedrooms, two bathrooms, two car parks, high quality fixtures and fittings and market-leading European appliances. 
It has its own rooftop private outdoor entertaining terrace incorporating a built-in kitchen fully equipped with a stainless steel BBQ, range-hood, stone bench tops and built in fridge.
<div class="page" title="Page 2">
<div class="layoutArea">
<div class="column">
For more information, <a href="https://vueonkingwilliam.com.au/" target="_blank">click here</a>. 
</div>
</div>
</div>
</div>
</div>
</div></body></html>

Penthouse in Adelaide's tallest residential tower on the market

<html><body>
Developer Slatterley Property Group has purchased 214 hectares of land in Victoria's Mickleham to develop some 2,300 residential lots.
More than 1,600 lots are slated to be sold in FY16.
Founder Nigel Slatterley said the Mickleham project is Satterley’s fourth residential estate in Melbourne’s northern suburbs.
"It joins Riverstone in Doreen and Coburg Hill in Coburg North, both of which are close to trading out. True North (formally Arena) in Greenvale has been selling strongly since it was acquired from Peet Limited in 2015," he said.
“Adding two new projects in the strategic Hume growth corridor has refreshed the development pipeline for Satterley in the north, which puts the business in a strong position for future growth."
</body></html>

Satterley Property Group acquire Mickleham development site

<html><body>
A registrations of interest campaign has been launched to sell one, two or three bedroom apartments, or one of six premium penthouses and sub penthouses in the waterfront Gallery House development in Brisbane's Hamilton.
Apartments in the $144 million 20 level Gallery House development from Brookfield Residential Properties feature full height windows and quality finishes, with many also featuring two car spaces, with building including a rooftop sanctuary with an infinity pool, outdoor lounge and BBQ area.
Brookfield Residential Properties' General Manager Lee Butterworth said the have worked closely with renowned architect, Cottee Parker, to design a building that connects with the river and emanates a sense of tranquillity and warmth.
"Gallery House will set a new standard in apartment living in Hamilton and become the most luxurious property in Brookfield's Queensland portfolio," he said.
"With three 'collections' offering varying levels of luxury, Gallery House boasts above average sized apartments with balconies of up to 220sqm, with many apartments featuring two undercover car spaces.
"Our 'Sky Collection' refers to apartments on the top five levels of Gallery House, all of which have a minimum of three bedrooms, and many with multipurpose room.
"Apartments in this collection feature luxury extras like premium ensuites with double vanity and free standing bath, while the penthouses and sub-penthouses boast huge open plan design, quality high end finishes and spacious outdoor living to maximise the stunning views.
"The 'River Collection' apartments occupy 12 levels, and feature either two or three bedrooms, two secure car spaces, spacious design and expansive views.
"The 'City Collection' is made up of one and two bedroom apartments, each with quality finishes, open plan living and generous balconies." 
One bedroom apartments in Gallery House are priced from $362,000; two bedroom apartments from $575,000; and three bedroom apartments from $1.28 million.
 For more information, <a href="https://lifeontheriver.com.au/?gclid=CPTo-eORl80CFYGavAod9v8NKw" target="_blank">click here</a>.
</body></html>

Brookfield launch Gallery House, new Brisbane riverfront development

<html><body><div class="page" title="Page 1">
<div class="layoutArea">
<div class="column">
Marshall White Projects has quickly sold all 45 townhomes in its Seasons development in Melbourne's Keysborough.
They secured over $27 million worth of sales in just 14 days.
Architecturally-designed with free-flowing layouts and expansive yards, the properties are available in four thematic palettes and three configurations.
Marshall White Projects Director Leonard Teplin said that the element of customisation is rare and it isn't often buyers are offered a variety in floor plans and sizes.
From homes in lakeside winter tones to refreshing spring palettes, the seasonal themes are enhanced with expertly chosen distinctive flora that manifests in the surrounding gardens, parks and wetlands. 
The sales are evidence of Keysborough's blossoming residential market and the continued demand for large-scale family homes as owner occupiers are still getting squeezed out of rising CBD prices.
“We are seeing considerable demand for luxury new homes in these outer south eastern suburbs and we don’t see this slowing any time soon, as the inner-suburban market continues to be pushed out of reach of first time buyers and younger families," said Teplin.
With house values appreciating by an average of more than 10% and average gross rental yields topping 4% in the last year alone, it is little wonder why Keysborough is attracting such keen interest.
“Properties in neighbouring suburbs are priced considerably higher, in some cases 10-15 per cent more, yet they don’t offer the same value for money as Keysborough where you can get quality three and four bedroom dwellings for well under $700,000,” said Teplin.
“What we have noticed is while many young couples and families are happy to move a little further out of the city for affordability’s sake, they aren’t willing to compromise on quality and amenity." 
“Young couples and families in particular, were attracted to this heightened detailing and diversified offering, which allowed them to tailor their home to suit their distinct preferences and circumstance.” 
For more information, <a href="https://www.marshallwhiteprojects.com.au/past-projects/" target="_blank">click here</a>.
</div>
</div>
</div></body></html>

Residential Development

Editor's Picks

Have something to contribute?

Developments

New apartments

New townhouses

News

Residential Development

Editor's Picks

Receive the latest news stories to your inbox

Have something to contribute?

Developments

New apartments

New townhouses

News