Roseville is poised for a wave of new apartment development following the NSW Government's rezoning of land around Roseville Station under its Transport Oriented Development program.

The new planning controls have unlocked significant development potential within walking distance of the station, with a number of sites expected to be amalgamated and redeveloped in the coming years as developers seek to take advantage of the increased density allowances.

One of the more restrained developments in the precinct, and set among the first to be delivered having commenced well before the recent changes, is Hyecorp's Juliet. The boutique apartment project is already well under construction and remains on track to welcome residents by the end of the year, offering a markedly different proposition to many of the larger-scale developments now likely to emerge across the suburb.

[smartcode_project:default project_id=7395 project_image_fid=278194]

<a href="https://www.apartments.com.au/new-apartments/juliet-roseville-64-pacific-highway-roseville-nsw-2069">Juliet</a> will comprise just&nbsp;34 one-, two-, and three-bedroom apartments opposite Roseville Station. For Hyecorp, which has delivered projects across Sydney's Lower North Shore for more than three decades, Roseville presented a rare opportunity to address a growing gap in the market.

"<a href="https://www.apartments.com.au/developments/roseville-nsw-2069">Roseville</a> has long been one of the North Shore's most tightly held and desirable suburbs, offering a unique combination of village charm, established greenery, excellent transport connections, and proximity to some of Sydney's best schools and lifestyle amenities," Hyecorp said.

"We recognised a growing demand from local homeowners seeking to downsize without leaving the community they have built their lives around. The location presented a rare opportunity to create homes that cater specifically to that buyer profile."

[smartcode_project:default project_id=7395 project_image_fid=278196]

The six-level development has been designed by <a href="https://www.apartments.com.au/architects/pbd-architects">PBD Architects</a> as a collection of residences that feel more like homes than apartments. The brief centred generous floorplans, abundant natural light, quality finishes, and strong connections to outdoor space.

PBD Architects drew inspiration from Roseville's established garden suburb character, creating a building that sits comfortably within its surroundings rather than dominating them. The architecture incorporates natural materials, soft forms, layered landscaping, expansive balconies, and generous setbacks to strengthen the connection between residents and the suburb's leafy environment.

"The focus was on designing spacious, house-like residences for discerning owner-occupiers and downsizers who wanted to remain on the North Shore without compromising on comfort, privacy, or design," PBD said.&nbsp;

"Every apartment was to feel considered, timeless, and highly functional."

[smartcode_project:default project_id=7395 project_image_fid=278195]

Inside, residences feature engineered timber flooring, stone kitchen benchtops and splashbacks, integrated Fisher &amp; Paykel appliances, ducted air conditioning, and large outdoor entertaining areas designed to take advantage of district and treetop views.

Residents will also have access to a rooftop barbecue and lounge area, alongside practical amenities including parcel lockers, EV charging capability, bicycle storage, a dog wash bay, and a basement car wash facility.

The majority of purchasers so far have been local owner-occupiers from Roseville, Lindfield, Chatswood, Killara, and the broader Upper North Shore, many of whom are transitioning from larger family homes.

"Buyers are looking for spacious, house-like apartments that allow them to downsize without feeling like they are sacrificing comfort or functionality," Hyecorp noted.

"They value large kitchens, generous living areas, ample storage, quality finishes, secure parking, lift access, and low-maintenance living."

[smartcode_project:default project_id=7395 project_image_fid=278204]

Juliet sits directly opposite Roseville Train Station and within walking distance of Roseville Village, while Chatswood's retail and dining precinct is only minutes away. The development is also surrounded by some of Sydney's most established schools, including Roseville College, Ravenswood, Pymble Ladies' College, and Knox Grammar, as well as nearby parklands and golf courses.

Juliet is currently more than 75 per cent sold ahead of its anticipated completion in late 2026.

[smartcode_project_cta:default project_id=7395]

Joel Robinson

Juliet to sit quietly amid Roseville apartment boom

Sherpa Property Group has unveiled the third instalment of its Flourish series, securing full approval for the two-tower, $500 million Flourish Soleira development in Palm Beach.

<a href="https://www.apartments.com.au/new-apartments/flourish-soleira-1150-1154-gold-coast-highway-palm-beach-qld-4221">Flourish Soleira</a> will rise from a prominent site in the commercial heart of Palm Beach, the long-time home of Cash Converters and a range of local retailers.

The project will introduce a new retail and dining precinct at ground level, beneath 286 apartments.

[smartcode_project:default project_id=150017 project_image_fid=370959]

“We’re very committed to not only providing affordable residential offerings that are much needed in Palm Beach, but also delivering a vibrant new commercial heart that complements the extraordinary growth of the southern Gold Coast,” Sherpa Property Group founder Christie Leet said.

The development will sit under Sherpa's Flourish brand, which is aimed at providing a pathway into the beachside suburb for locals, first-home buyers and downsizers. In a move designed to assist first-home buyers entering the market, Sherpa has reserved all one and two-bedroom, one-bathroom apartments exclusively for eligible first-home buyers.

[smartcode_project:default project_id=150017 project_image_fid=370964]

“Our vision through Flourish is to create a vibrant retail and lifestyle focal point within the Palm Beach centre zone, delivering thriving communities underpinned by lifestyle-rich locations,” Leet said.

“So far, Flourish has been an incredible success, and we hope to carry this momentum as we progress the next two Flourish projects in Palm Beach.”

[smartcode_project:default project_id=150017 project_image_fid=371430]

Located across 1150-1164 Gold Coast Highway and 3 Sixth Avenue, the development will comprise two towers. The northern tower will deliver 154 apartments, while the southern tower will add a further 132 residences, helping address ongoing demand for new apartments in the tightly held coastal suburb.

Flourish Soleira will also feature the most extensive rooftop amenity offering ever delivered in Palm Beach.

The two towers will be connected by a skybridge, with residents gaining access to a rooftop recreation deck featuring a full-width swimming pool, hot and cold plunge pools, wellness spaces, a gymnasium, private dining facilities, massage treatment rooms, barbecue areas, a basketball court, golf simulator, indoor and outdoor dining spaces, sun lounges and extensive landscaping.

LPS Group is expected to start construction later this year.

Sherpa is already well advanced on construction of its debut Flourish project, Flourish Amargo, located just around the corner from Soleira. Meanwhile, Flourish Oasis, positioned opposite Amargo, recently commenced construction and has nearly sold out its collection of 47 apartments.

[smartcode_project_cta:default project_id=150017]

Sherpa unveils $500m mixed-use Palm Beach precinct, Flourish Soleira

Are mortgage holders set to get a reprieve from the RBA in 2026?

Big Four bank NAB believes so. They are now expecting the next move from the RBA to be a cut, rather than a hike, which they had pencilled in for August. They are unsure of the timing of the cut however, they note in their latest&nbsp;NAB Economics RBA Watch.

NAB Chief Economist, Dr Sally Auld, said recent data suggests the economy has lost momentum and the outlook for rates has shifted, noting that the broader economic backdrop has changed since earlier in the year.

“The next move in the cash rate is likely to be down, but the timing is uncertain," Dr Auld said.

"In February, growth was above trend, the economy was operating above capacity and there was uncertainty over the restrictiveness of rates. None of these conditions exist today,” she outlined.

Dr Auld said recent data pointed to softer momentum across the economy while acknowledging that at the same time, uncertainty remains a key feature of the outlook.

“Both Q1 GDP data and the NAB business survey suggest momentum in the economy has slowed, meaning that growth has likely peaked for the cycle. That said, we are cognisant there is still considerable uncertainty around the outlook, both with respect to activity and inflation.”

Dr Auld said inflation risks and labour market outcomes would be important to watch.

“On the prices side, we are still forecasting above target core inflation through to mid-2027. Margins will compress and weaker labour market outcomes are a risk.”

She said tighter financial conditions are expected to weigh on housing and activity.

“Tighter financial conditions will be reflected in a slowing in house price growth and housing credit growth. In summary, we have greater conviction that the next move in rates is down, but less conviction on the timing.”

Mortgage relief? NAB forecasts RBA rate cut, not hike, after softer economic conditions

A local downsizer has splashed $6.5 million on a penthouse in Perifa's Alex &amp; Willow development in Crows Nest. 
&nbsp; 
The purchaser sold their long-held family home in the area before embarking on a six-month search for the right apartment. After inspecting a range of options across the Lower North Shore, the buyer returned to <a href="https://www.apartments.com.au/new-apartments/alex-willow-crows-nest-82-90-alexander-street-crows-nest-nsw-2065">Alex &amp; Willow</a>. 
&nbsp; 
The buyer profile reflects the project’s broader purchaser mix. <a>Alex &amp; Willow</a> has attracted predominantly local downsizers looking to transition from larger homes without compromising on space or quality, alongside a smaller cohort of upsizers and investors drawn to the project’s location and design credentials. 
&nbsp; 
The milestone sale comes as the project, developed by&nbsp;<a href="https://www.apartments.com.au/developers/perifa">Perifa</a>&nbsp;and delivered by <a href="https://www.apartments.com.au/builders/versatile-made-construction">Versatile Construction</a>, both part of Versatile Group, reaches 60 per cent sold.

[smartcode_project:default project_id=6680 project_image_fid=371325] 
&nbsp; 
Eddie Mansour, Managing Partner of <a href="https://www.apartments.com.au/project-marketer/ray-white-projects">Ray White Projects</a>, said the result demonstrates not only a headline price but also depth of demand. 
&nbsp; 
“This is an exceptional outcome and a clear reflection of sustained buyer demand for premium, well-located downsizer product,” Mansour said.

“We’re seeing a consistent pattern of local homeowners selling family residences and reinvesting into high-quality apartments that allow them to remain within their community. Alex &amp; Willow has resonated strongly with this group because it offers genuine scale, thoughtful design and immediate proximity to the village.” 
&nbsp; 
The sale reflects a broader and consistent trend of local downsizers actively seeking high-quality, low-maintenance residences close to established village centres. Agents report that demand for this product type has remained resilient, particularly where developments offer a rare combination of scale, design quality and walkable amenity. 
&nbsp;&nbsp; 
Fabrizio Perilli, Managing Director of Perifa and Versatile Group, said the sale marks a defining moment for the project. 
&nbsp; 
“The penthouse sale is a strong endorsement of the quality we have delivered, alongside our partners, and the clear demand from local downsizers for premium, boutique residences in this location,” Perilli said.&nbsp; 
&nbsp; 
“Most importantly, we’re proud to see the Alex &amp; Willow community beginning to take shape. As we move closer to completion, we’re looking forward to welcoming residents and seeing the project come to life.”&nbsp;

[smartcode_project:default project_id=6680 project_image_fid=338516] 
&nbsp; 
Designed by <a href="https://www.apartments.com.au/architects/nettletontribe">Nettleton Tribe</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/richards-stanisich">Richards Stanisich</a>, Alex &amp; Willow is a boutique collection of generously sized two- and three-bedroom residences in the heart of Crows Nest village.&nbsp;

Completion is slated for early 2027.

[smartcode_project_cta:default project_id=6680]

Alex & Willow, Crows Nest penthouse sells off the plan for $6.5 million

Fresh from launching the first stage of its Wollongong precinct, <a href="https://www.apartments.com.au/new-apartments/keira-place-wollongong-120-122-smith-street-wollongong-nsw-2500">Keira Place</a>, builder-developer Urban Property Group has unveiled plans for the next phase of the masterplanned community.

Now on public exhibition through the NSW Government's Housing Delivery Authority pathway is a State Significant Development Application for a further 657 homes on the prominent gateway site opposite Beaton Park.

The proposal comprises three buildings, including two build-to-sell towers rising 25 and 30 storeys, delivering 391 apartments, alongside a 12-storey co-living building with 266 residences, making it one of the largest co-living proposals currently planned in regional New South Wales.

Of the apartments proposed in the build-to-sell towers, the majority, 310, are two-bedroom dwellings. The balance comprises 44 one-bedroom apartments and 37 three-bedroom residences. Apartment sizes range from around 50 sqm for one-bedroom homes to approximately 90 sqm for three-bedroom apartments.

<img alt="Smith St" data-entity-type="file" data-entity-uuid="19347059-1612-41a0-9c74-b86a657237f8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-10%20at%2010.02.18%E2%80%AFAM.png?VersionId=sWXnaCcA.cIC6N8YT1dg5pJ2e1V3Z6z7" />

The submission says the proposal has evolved significantly from its original Housing Delivery Authority application following extensive consultation with the State Design Review Panel and Wollongong City Council.

The final scheme has been designed to align with the emerging vision for the Flinders Street Precinct, an area identified by Council as a future high-density mixed-use neighbourhood capable of accommodating substantial housing growth close to transport, employment and community infrastructure.

According to the design report prepared by COX Architecture, the development aims to "deliver a built outcome consistent with the future character of the Wollongong CBD while responding to the site's unique constraints and opportunities."

"Our vision for the next phase of the site evolution in Wollongong is grounded in three design pillars that guide the design response: place, natural environment and celebration," COX said.

"Inspired by its surroundings and grounded in the stories of place on Wodi Wodi Country, the design proposal acknowledges the established character of its setting while creating a unique and timeless identity that sits harmoniously within it.

"The design proposal responds to its specific site conditions, acknowledging the vegetation, climate, wind conditions and solar access of the site."

The architecture responds directly to the site's position between Wollongong's urban core and its natural landscape setting.

COX identified views towards Mount Keira and the Illawarra Escarpment as defining features of the site, while the upper levels of the towers will also capture expansive views across the city and out to the Pacific Ocean.

The design team has positioned the tallest buildings closer to the rail corridor, where overshadowing impacts can be better managed while establishing a landmark built form on the northern approach into the city.

<img alt="Smith St" data-entity-type="file" data-entity-uuid="79580d5b-500c-4ebf-9629-797146a4a694" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-10%20at%209.51.59%E2%80%AFAM.png?VersionId=WbTB1EKSG.KDfsfz0F3wp1QVa2oCMGR5" />

Urban Property Group secured the 11,000 sqm Smith Street site in 2022 and has since progressed plans for the broader Keira Place precinct.

Construction recently commenced on the first stage of Keira Place, which will deliver 150 apartments across two residential buildings, including 27 affordable housing apartments and 18 specialist disability accommodation dwellings, alongside activated ground-floor retail and commercial space.

Urban Co-CEO Patrick Elias said the commencement of construction marked a significant milestone for Wollongong and reflected the developer's long-term commitment to regional cities.

"Today's groundbreaking is about turning approvals into homes and moving quickly to deliver much-needed housing in Wollongong's city centre," Elias said.

"Keira Place will provide a diverse mix of homes close to jobs, transport and services, while setting a high benchmark for quality, durability and consumer protection."

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/groundbreaking-marks-start-of-construction-at-keira-place-in-wollongong-cbd">Groundbreaking marks start of construction at Keira Place in Wollongong CBD</a>

&nbsp;

&nbsp;

&nbsp;

Urban Property Group unveils trio of towers for next stage of new Wollongong precinct, Keira Place

Resort

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Peppers Airlie Beach, a resort hotel with ocean views in Whitsundays, Queensland has hit the market.  
It has been offered for sale via an expressions of interest campaign by Wayne Bunz and Hayley Manvell from CBRE Hotels. 
Situated on 1.8 ha, Peppers Airlie Beach at 9A Hermitage Drive, Airlie Beach comprises 59 freehold 1-5 bedroom apartments and villa ranging in size from 79-341sqm. 
The resort facilities include restaurant, bar, infinity swimming pool and gym.  
Other features include Management Letting Rights for up to 106 units in the complex plus the on-site manger's Lot. 
Opened in 2009, the 4.5 star hotel has been operated by Accor under the Peppers brand with vacant possession available.
Expressions of Interest close October 17, 2019
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Peppers Airlie Beach hotel in Whitsundays listed

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Greaton has lodged a development application for its Wirra Wirra Wellness Resort project with the City of Onkaparinga. 
The resort will be built on Wirra Wirra’s grounds at 255 Strout Road, McLaren Vale, 38 kilometres south of Adelaide. 
The project will be delivered in a partnership with Wirra Wirra winery.
The $30 million-plus resort, the first luxury accommodation in the region, will be situated amongst vineyards between the existing Wirra Wirra winery and the heritage property that once belonged to founder Robert Wigley, which will be repurposed as resort accommodation. 
Greaton has appointed Bangkok/Singapore-based luxury resort architects Blink Design Group.
The group's portfolio of premier resorts includes the Fairmont Sanur Beach Bali, Four Seasons Resort Bali at Jimbaran Bay, the Six Senses Uluwatu – all in Bali - the Ritz-Carlton, Juizhaihou in Sichuan China and the Viceroy Princes’ Islands Istanbul in Turkey. 
The 33-key resort will be spread across 10 separate buildings, with nine double-storey buildings, known as casitas, to be built.
The existing Wigley house will be transformed into a Bridal Suite.
Sparrow’s Lodge, a vacant building at the winery entrance, will be repurposed as a guests’ reception. 
Guest facilities will include a swimming pool – set within a reflection pool – as well as a function hall and wellness centre.
<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/2019/9/16/WIRRA%20WIRRA_Walkway%20View.jpg" alt="">
Nicho Teng, Managing Director, Greaton, says the project will bring an unsurpassed level of luxury to the region.  
“The Wirra Wirra resort will be like nothing else in South Australia,” said Teng.
“We are proud to bring the expertise of an internationally-acclaimed architectural firm that specialises in luxury accommodation to this location.
“This is their first project in Australia, and I’m honoured to bring them to my home state.
“South Australia, and particularly the McLaren Vale region, well and truly deserves a high-end resort like this.
“We have no doubt it will attract more well-heeled tourists to the area which will directly increase local tourism revenue.  
“We are also very excited to be negotiating with an international wellness-oriented resort operator who also have no current presence in Australia.
“Whilst we are not in a position to reveal who they are just yet, we can say they operate some of the most renowned resorts and hotels around the world.”
The internationally renowned McLaren Vale is the gateway to the Fleurieu Peninsula, which accounts for an average of 762,000 overnight tourist stays worth $258 million in expenditure annually.
Renowned for its Shiraz, the McLaren Vale region also excels in the production of ultra-premium Grenache and Cabernet, along with many other grape varieties, whilst Wirra Wirra is best known for its famous red Church Block blend.  
Daniel Smedley, Director, Studio S2 Architects, the South Australian architecture studio commissioned to undertake documentation and compliance for the Wirra Wirra project, said the site provided great inspiration with its historic buildings and vineyard landscape.  
“The resort has been designed to reflect elements of the buildings on site and in the region, and to enjoy the vineyard and Australian bushland setting, while respecting the wine region aesthetics that McMurtrie Road provides,” said Smedley. 
"This will be achieved by designing the buildings to sit behind and blend in with the native tree line.  
“The buildings will be finished with a mix of local limestone, granite and bluestone, with hardwood natural stained finishes. The rooves will be in dark grey metal sheet roof cladding to fit in with its surrounding context. 
“As a local architectural practice specialising in tourism projects, we are excited to be working on a project of this calibre in conjunction with the team at Blink Design Group, and a local consulting team, while continuing our long-term working relationship with Wirra Wirra.”
Andrew Kay, Managing Director, Wirra Wirra, said they were very pleased with the direction and progress the resort project was taking.  
“The design is well integrated into the winery site and shows great empathy with our surroundings,” Kay said.
“To introduce the first five-star resort operation in McLaren Vale is not just a coup for us, but a catalyst for job creation, upskilling and growth in the region.  
“The knock-on effect to local businesses and suppliers cannot be underestimated and I look forward to seeing the economic and community benefits from this investment in wine tourism.”  
Construction is scheduled to commence in November 2020, with completion slated for July 2022.
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DA lodged for $30 million Wirra Wirra Wellness Resort in McLaren Vale

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Fiji’s newest five-star luxury resort, situated on the beachfront of Wailoaloa Beach near Nadi, is being offered to the market for the first time. 
Colliers International in conjunction with the local agents My Fiji Home has been appointed to sell the Pullman Nadi Bay Resort and Spa Fiji by way of an international expressions of interest campaign. 
The marquee resort boasts 236 guest rooms, five restaurants and bars, multiple conference facilities, three swimming pools and a world-class health spa. 
Pullman Nadi Bay opened in May 2019, in time for the busy Fijian winter period, and is managed by global hotel operator Accor Hospitality – the largest operator in Asia Pacific.  
Nestled on 5.7ha of prime beachfront land, on the foreshore of Wailoaloa Beach, it is the closest five-star hotel to the recently upgraded Nadi International Airport.  
Dean Humphries, Colliers’ National Director of Hotels for New Zealand and the South Pacific, acknowledges it is rare for a brand-new resort be offered to the market so soon after opening. 
“The owners of the resort, who are a large and established Fiji-based family, have spent the last four years developing the hotel. However, they have decided to sell this marquee asset now to capitalise on Fiji’s strong tourism sector and a global investment market hungry for high-quality, high-yielding hospitality assets.” 
“Fiji has seen stable governance now for 15 years, with the last democratic elections taking place in November 2018. Economic growth over the period has been strong with a significant amount of infrastructure completed including a FJ$100m plus upgrade of the Nadi International Airport.” 
“We have seen an increasing amount of global capital flow through to the tourism sector in recent years given its attractive returns and strong growth profile.”  
Richard Kirke, International Sales Director of Colliers International’s Capitals Markets team, is confident a large number of international investors will be attracted to investing in Fiji due to the strong growth profile and attractive underlying returns this country offers.  
“In the recent past we have seen a range of institutions, sovereign wealth and private equity funds investing heavily into tourism hotspots such as Maldives, Thailand, Vietnam, Tahiti and the eastern seaboard of Australia.” 
“Fiji as a prime tourism destination ticks all the boxes and is a country we believe will interest many of these parties.” 
Gus Moors, Head of Hotels for Colliers International Australia, says Fiji also has a highly attractive exchange rate at just 0.46 against the USD and 0.66 AUD.  
“Fiji has always been the star performer in the South Pacific basin, accounting for 41% of all international visitors in the region.”  
“Inbound arrivals for the year ending 2018 reached 870,000, representing an annual growth rate of 5.6% since 2014. The key markets segments are Australians (43 per cent), New Zealanders (22 per cent) and the United States (10 per cent). It is forecast Fiji will reach 1 million international tourists by 2023. The Fijian Government has estimated the tourism industry to be a FJ$2 billion industry by the end of 2020.” 
The hotel is being sold through Colliers International and local agents My Island Home Fiji by way of international expressions of interest closing at 4pm (NZST) on Wednesday 31 July.
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Five-star Pullman Nadi Bay resort in Fiji listed for sale

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The Albany Gardens Holiday Resort and Lifestyle Village have been listed for sale. 
Located in WA’s fifth largest city, in the town’s central district, the Albany Gardens Holiday Resort and Lifestyle Village spans more than 5.5ha.
It's features include a tennis court, swimming pool, games room and playground. 
The resort, comprising 4 ha of land, includes a total of 119 sites.
These site comprise deluxe units, holiday units, chalets, ensuite sites, powered and unpowered sites, as well as 18 permanent sites with modular homes. 
Developed over 1.6 ha on a separate title, the lifestyle village consists of 45 permanent sites furnished with modular housing. 
CBRE Hotels’ Ryan McGinnity and Chloe Mason, jointly with Caravan Park Brokers Australia’s Dale Wood, have been appointed to market the property. 
Mr McGinnity said the opportunity to acquire an established tourism operation in one of the state’s most popular tourism destinations would underpin buyer 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/2019/3/7/Albany%20Gardens_IMG_20_webres.jpg" alt="">
Mr McGinnity said, “The quality and popularity of the park is highlighted by the number of positive ratings and comments on public forums such as Tripadvisor.” 
CBRE’s Ms Mason said Albany Lifestyle Village are currently 100% occupied.
He added, “with an aged care action plan in place, the City of Albany is focused on creating friendly, enjoyable, secure and healthy places to retire, which will further benefit from such villages as Albany Gardens.” 
The expressions of interest campaign closes April 11, 2019.
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Albany Holiday Resort and Lifestyle Village listed

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Dream Island, designed as the first large-scale leisure destination in Russia, is set to create new opportunities for family recreation in Russia.
There will be an indoor amusement park, the riverfront scheme provides a regional shopping centre, outdoor leisure facilities, a 400-key 4-Star hotel, a concert hall and a yacht club.
Details were presented at the international investment exhibition MIPIM in Cannes last week.
The Dream Island city resort includes the world's largest indoor theme park with 29 most modern amusement rides, a city promenade with more than 200 shops and 50 restaurants and cafes, cinema and a concert hall, and a spacious landscape park with a sports area. 
The opening of the first stage of the project is planned in 2019 in Moscow, in the picturesque Nagatinskaya bottomland. 
Dream Island is a socially significant project not only for Moscow, but for all Russia, representatives advised.
<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/2018/3/21/DREAM2.jpg" alt="">
 It will improve the quality of the urban environment, investment attractiveness and competitiveness of Moscow against the background of foreign megacities.
In 2017 Dream Island won several Russian and international awards at once: “Best Project in Field of Commercial Real Estate" according to PROESTATE AWARDS 2017 federal prize, the best project in the nomination "Public Areas" in Good Innovations 2017 competition, as well as the victory in the regional stage of the prestigious international European Property Awards in the nomination “Leisure Development”. 
Theme parks around the world are powerful drivers for development of the tourism industry. 
It is expected that their role will increase in the future, so key principles of their deployment will have an increasing impact on both regional and international tourism.
 The Dream Island family city resort will become one of the most visited sights of the capital. 
It is expected to host about 50 million people annually, including flows of the local tourism (the Moscow metropolitan area), internal and external tourism. 
The opening of the Dream Island Park is supposed to increase tourist flows to Moscow by 16%, which is about 3 million new tourists annually, and the share of tourism consumption in the gross regional product (GRP) of Moscow – by 70 billion rubles, Amiran Mutsoev, Chairman of the Board of Dream Island holding company, said.
<a href="http://www.chapmantaylor.com/projects/nagatino-theme-park" target="_blank">Chapman Taylor</a> provided the masterplan and concept design.
Architecturally the building expresses its purpose of amusing children by appearing as a wonderland. 
The concept design is loosely related to historic Kremlin architecture that can be found in many ancient Russian cities. It is also inspired by imposing Gothic buildings of Western Europe.
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jchancellor-FAypfDUnLy

Russia's Kremlin-inspired Dream Island amusement park aims for 50 million annual visitors

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The Red Mountain Resort, designed for Festir ehf, in Iceland has been awarded a commendation in the Retail &amp; Leisure category at the recent 2018 MIPIM/Architectural Review Future Project Awards.
<a href="http://johannestorpe.com/projects/the-red-mountain-resort" target="_blank">The Red Mountain Resort resort </a>promises a sensory escape into breathtaking Icelandic nature resort for the modern spiritual traveler, the judging panel noted.
"Its architecture seduces visitors through an exploration of the interplay between nature and visitor.” 
The designer Johannes Torpe Studios markets itself as an advocate for "an unrestrained and fearless approach to design."
The Red Mountain Resort is the studio’s very first large-scale architectural project. 
<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/2018/3/21/ICELAND2.jpg" alt="">
Situated on the Western peninsula of Snæfellsness, at the point where the river mouth runs out to the sea, the resort faces Seæfellsjokull, a majestic glacier covered stratovolcano. The mountain is home to the Icelandic saga about Barður Snæfellsás, who is said to have left the chaotic world of men behind to live in solitude. 
Snæfellsjökull, a 700,000-year-old glacier covered stratovolcano, inspired Jules Verne who made the volcano the passage way to the centre of the earth in his science fiction novel Journey to the Centre of the Earth from 1864.
The studio's lead architect Kit Sand Ottsen explored the tradition of Icelandic turf houses built by the first Norwegian settlers, experimenting with ways of creating a modern interpretation.
"The emerging idea was to turn the construction inside-out," he explained.
<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/2018/3/21/iceland4.jpg" alt="">
Turf houses are wooden structures insulated by a thick wall of turf - in other words, a light structure with a very heavy base.
The studio inverted this structure by creating a heavy concrete structure enclosed by a light base of glass. As a natural extension, the relationship between positive and negative space has been explored, and throughout the building there is a clear contrast between light-weight and more heavy building volumes.
The building itself is an industrial interpretation of the rocky landscape with heavy geometric shapes shooting up from the ground like sculptural rock formations and tall steam-chimneys that are an architectural take on geysers.
Concrete is chosen as the primary material and is treated with a red pigment that mimics the hue of the surrounding landscape.
The concrete is applied to create layers of contrasting rough and smooth textures and form patterns inspired by those found in the layers of the turf houses. Selected parts of the rooftops are covered with grass like the traditional building techniques of the area.
"This both intensifies the notion of a building that is closely related to the history of the site, and adds to the sense of a hidden destination that discreetly rises from the landscape," the project brief advised.
The use of reflecting glass on the building’s exterior creates a mirror effect, evoking the illusion of a building that disappears into the landscape. Portals and tunnels are additionally dispersed throughout the building to enhance this otherworldly and magical atmosphere.
The local geology is made up of caves, craters, peculiar rock formations, volcanic plugs and the moss covered lava fields.
It replicates wind tunnels, fire baths and ice pools that represent the unpredictable extremes of Icelandic weather.
 
 
 
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Iceland spa project for the modern spiritual traveller scoops MIPIM 2018 commendation

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 A beach resort spanning 69,000 sqm in WA's Margeret River is on the market with expectations of more than $10 million.
The <a href="https://www.realcommercial.com.au/property-land+development-wa-gnarabup-502157446" target="_blank">Gnarabup Beach Resort</a>, five sites with direct Indian Ocean frontage and approvals in place for a 102-key resort and potential for a further 73 individual villa sis on the market through Savills Barney Dear and Chas Moore. 
Chas Moore said the site was being offered for sale by its joint venture owners with Development Approvals for the resort, designed by Grounds Kent Architects, had been granted.
This property is coming to the market at an ideal time, with the Western Australia State Government prioritising and strongly promoting the state’s tourism sector, and the $59.7 million expansion of the Bussellton-Margaret River Regional Airport to deliver invaluable direct flights to the region, he said.
"Tourism is on the rise in Western Australia and this is one of the best beachfront resort developments available in the entire state.
"It provides a stunning south-west setting overlooking the Indian Ocean, with boardwalks and footpaths leading directly to the beach, in the heart of Western Australia’s premier tourism destination and widely recognised as one of the world’s best wine producing regions.’"
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$50 million plus for beach resort at Margaret River

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Clouds of Montville Eco Resort, a Victorian-style resort on the Sunshine Coast Hinterland, has come to the market for $2.65 million.
Set on an area of 1.92 ha, <a href="https://www.realcommercial.com.au/property-hotel+leisure-qld-montville-502143778" target="_blank">the resort</a> comprises 10 apartments and four cottages (with approval for two more), a spa and sauna, swimming pool, a nine-hole frissbee golf course and other facilities.
The current owners had previous experience in hospitality, and made improvements to all aspects of the property and business, including the systems and websites which improved gross takings, says the description.
The owners are keen to sell the resort due to a family member's illness. Prior to them, the previous owners set up the resort over a period seventeen years.
The well presented property is also close to shops, markets, restaurants, art galleries, parks and waterfalls.
The listing agent is Jim Hughes of LJ Hooker.
<img src="/images/2016/10/14/Montville2.jpg" alt=""> 
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Clouds of Montville Eco Resort in Sunshine Coast on the market for $2.65 million

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The landmark Alberg Hotel in Mount Buller is set to change hands for the first time in 28 years.
Set on 3087 sqm, <a href="https://www.colliers.com.au/23697/#.V04-d1fYrVp" target="_blank">the hotel comprises 36 rooms</a>, seven residential rental apartments, ski hire and retail outlets and food and beverage offerings.
Colliers International's Jeremy Gruzewski and Guy Wells have the listing.
Gruzewski said the opportunity to acquire a multi-faceted business and property such as The Arlberg hotel was rare.
“The sale of The Arlberg Hotel is never to be repeated in the Australian market place," he said.
"The opportunity to acquire this unique asset and be part of the evolution of Mount Buller as it evolves to become a year-round tourist destination is not to be missed.
“The blend of accommodation and food and beverage with a 24 hour liquor licence provides ultimate flexibility to an incoming purchaser.”
“It is the most accessible ski resort in Australia and also the closest ski resort to any Australian international airport.
The hotel has been operated by local icons John and Carol Perks for the past 28 years who said they will miss the hotel.
“We have both loved having input to the Chamber of Commerce and the marketing committees on the mountain and have enjoyed the last 37 years involvement very much and will be very sad to move on,” the couple said.
“We hope to be able to pass our history and knowledge on to new people with the drive and enthusiasm that this business deserves going forward.”
The hotel has been an iconic part of the Mount Buller community since its original construction in circa 1970.
Mount Buller is the premier ski resort in Victoria, with more than 300 hectares of skiable terrain.
Summer visitation has been reported to be increasing by some 5% year-on-year to achieve some 120,000 visitors in the traditional ‘off season’.
With the mountain situated some 1,800m above sea level, the winter months are the peak season with an average snow fall of 2.42m. 
Data from the Victorian Alpine Resorts End of Season Report Winter 2015 shows that Mount Buller is the most visited mountain in Victoria.
The Arlberg Hotel is for sale with offers closing July 21, 2016.
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Mount Buller's iconic Arlberg Hotel for sale

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A private Australian syndicate has taken the first steps in its $450-million transformation of the cyclone-battered Port Hinchinbrook resort in North Queensland.  
The Passage Holdings, an Australian company linked to American businessmen Lewis Cohen and Stephan Pinto, has already spent $4 million on improvements.
Architects DBI Design have been hired to work on the resort, which will be renamed Hinchinbrook Harbour and Resort and staged over 10 years.
DBI Design’s masterplan for the resort includes a $45 million international fishing village, new marina, family resort, water theme park, 300-site motorhome park, camp grounds, backpacker accommodation and waterfront residential lots and apartments.
Pinto said the syndicate’s $4 million initial investment included around $500,000 on restoring the sewerage treatment plant, more than $2 million on the grounds and marina village, commercial building, street lighting and public access, plus $750,000 on masterplan designs and consultation.
The syndicate took possession of the resort and marina property last year and is preparing to settle on its $3 million purchase from liquidator FTI Consulting in coming weeks.
The resort’s restaurant/retail precinct is due to reopen in mid-July following repairs, while work is about to start on dredging the heavily silted harbour and the rebuilding the 266-berth marina.
The resort, which was battered by Cyclone Yasi in 2011, was first developed by the late Keith Williams adjacent to Hinchinbrook Island, near the historic village of Cardwell, during the 1990s.
The Hinchinbrook Island Resort closed in 2010, just prior to Cyclone Yasi, while the commercial tenancies at Port Hinchinbrook were closed in 2011, as a result of damage caused by the cyclone.
Liquidators took over the resort after Williams Corporation collapsed in 2013.
Pinto, who has developed residential and commercial property in the US for 35 years, said he was amazed at the value and potential of the property.
“I have been in real estate for a long time with experience in tourism assets worldwide - when I was informed about this project, I found it to be an interesting and compelling story,’’ he said.
“Having experienced Hurricane Katrina and the effects it had on our properties in Texas, I knew there could be an opportunity for our investment group. The impact of Cyclone Yasi had on Port Hinchinbrook was similar." 
Pinto established Allied Financial Services in 1993, which has an investor base which invests in opportunity-based real estate projects.
His American partner, Lewis Cohen, is president and founder of Diversified Products Group. 
 
 
 
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