A landmark former orphanage site in Surrey Hills could be transformed into a new residential community under plans lodged by <a href="https://www.apartments.com.au/developers/antipodean-land-developments">Antipodean Land Developments</a> that would deliver 76 apartments and townhouses while restoring some of the suburb's most significant heritage buildings.

The burgeoninng Melbourne-based developer has submitted plans for the 9,158 sqm site at 1 Kent Road and 24 Durham Road, home to the former St Joseph's Home for Destitute Children, a historic institutional complex dating back to the late 19th century. The proposal seeks to adaptively reuse several heritage buildings while introducing two new four-storey residential buildings set within extensive landscaped grounds.

Designed by <a href="https://www.apartments.com.au/architects/woods-bagot">Woods Bagot</a> and Kerstin Thompson Architects, the project has been conceived as a contemporary residential village embedded within a restored heritage precinct. The development team describes the design approach as "The Village in the Garden," with new buildings positioned among mature landscaping by OCULUS and significant heritage structures.

<img alt="First look: Antipodean Land Developments plans heritage-led apartment community in Surrey Hills" data-entity-type="file" data-entity-uuid="44ec8c1b-c0b6-44ae-859e-5811b3e6a023" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Untitled%20design%20%281%29.png?VersionId=p.p1_KFh4iQoV4nisdnPfQBAsWNi7m79" />

The proposal would deliver 76 dwellings comprising a mix of apartments and duplex-style residences, significantly increasing housing supply on one of the largest privately held residential landholdings in Surrey Hills. The development includes 127 car spaces, 24 bicycle spaces and more than 1,000 sqm of communal amenity, with the existing chapel building earmarked for conversion into resident facilities.

According to the planning submission, the project centres on the restoration and adaptive reuse of the site's most significant heritage assets, including the original c.1889 St Joseph's building, the chapel designed by architect Augustus Andrew Fritsch, and the historic brick perimeter walls and entry gates. The proposal also incorporates the retention of other contributory buildings including the former infirmary and school building.

Tract Consultants, in the planning report accompanying the application, said the scheme had been shaped through extensive heritage analysis and design development.

"The shared vision for the Site by the project team has culminated in a scheme which successfully breathes life back into a historic site while delivering upon the objectives of Victoria's Housing Statement in a carefully curated and contextually responsive manner."

<img alt="First look: Antipodean Land Developments plans heritage-led apartment community in Surrey Hills" data-entity-type="file" data-entity-uuid="7263b7d8-95ea-400f-9531-6ca7d22c3c33" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Untitled%20design%20%282%29.png?VersionId=4cR1tiWOsDpgxEOwZi5vVFcyvvOsYkIE" />

The proposal is being assessed under Victoria's Significant Residential Development with Affordable Housing pathway. As part of the application, three per cent of the project's residential development cost would be contributed to the Social Housing Growth Fund. The development would also provide a diverse mix of one, two and three-bedroom residences targeting a broader range of buyers than typically found in Surrey Hills' detached housing market.

Sustainability initiatives include an anticipated 66 per cent BESS score, natural cross-ventilation to 80 per cent of apartments, 28 per cent deep soil landscaping and a canopy cover outcome exceeding local planning requirements. The proposal also sets aside more than 1,083 sqm for communal indoor and outdoor resident amenity spaces.

<img alt="First look: Antipodean Land Developments plans heritage-led apartment community in Surrey Hills" data-entity-type="file" data-entity-uuid="33fad46f-fe26-4d0a-acfd-6b776e1c6a3d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Untitled%20design.png?VersionId=D9F6WVSyYCtGvSUmith35LRp6R7PQkw_" />

Planning documents describe the property as one of the largest underutilised residential sites in Surrey Hills, arguing it presents a rare opportunity to introduce "missing middle" housing in an established inner-eastern suburb while preserving and revitalising a significant heritage precinct.

Antipodean Land Developments has built a reputation for design-focused residential projects across Melbourne, particularly in the medium-density sector. Previous developments include Neighbourhood in Brunswick East, delivered with Breathe Architecture, and Balfe Park Lane, designed by Kerstin Thompson Architects.

They've been very active in site acquisition as they build out their future development pipeline. They recently launched Thornubury House, 45 apartments above a mix of commercial, retail, and food and beverage tenancies, and have plans for a boutique project in Fitzroy and another <a href="https://www.apartments.com.au/news/vic/antipodean-plan-apartments-for-deepdenes-missing-middle-on-whitehorse-road">"missing middle" project</a> on Deepdene's Whitehorse Road.

Joel Robinson

First look: Antipodean Land Developments plans heritage-led apartment community in Surrey Hills

Developer <a href="https://www.apartments.com.au/developers/auyin-property-development">Auyin</a> is the latest to turn to the Victorian Government's Development Facilitation Program in an effort to secure approval for its long-planned, mixed-use project in Elsternwick.

In 2018, Auyin lodged plans with Glen Eira City Council for a 14-storey building, however Council approved a reduced eight-storey scheme. A subsequent VCAT appeal in 2019 upheld the eight-storey height limit.

The project was later amended to nine storeys, but Auyin is now seeking to revive something closer to its original vision. The developer argues that the planning context has evolved significantly over the past decade, particularly within the Elsternwick Activity Centre, where higher-density development has increasingly been encouraged along Glen Huntly Road.

The proposal would transform the 1,239 sqm site at <a href="https://www.apartments.com.au/new-apartments/7-12-horne-street-elsternwick-vic-3185">7-15 Horne Street</a>, opposite Elsternwick Railway Station, into a 13-storey residential and retail development designed by CBG Architects, with 40 apartments

The site currently comprises three commercial properties.

<img alt="First look: 13-storey mixed-use tower planned for Elsternwick activity centre" data-entity-type="file" data-entity-uuid="5f465dd4-509b-4082-a669-0253b313914b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/elsternwick%20podium.png?VersionId=72frWi0SmQ5AVJ3ARRhX5ILUYObhTm7x" />

The proposed apartment mix comprises 25 two-bedroom and 15 three-bedroom residences above 200 sqm of retail space at ground level. Residents would have access to a 90 sqm wellness facility, a 351 sqm communal indoor and outdoor terrace on the third level, and extensive landscaped areas throughout the development. A publicly accessible 135 sqm plaza would be created on the north-east corner of the site, providing seating, landscaping, and a new gathering space adjoining Horne Street.

The design adopts a four-storey podium that references the finer-grain character of the surrounding streetscape, with the upper tower recessed behind generous setbacks on all boundaries.

<img alt="First look: 13-storey mixed-use tower planned for Elsternwick activity centre" data-entity-type="file" data-entity-uuid="e637e763-2abc-4c34-a0aa-5c7ad36fae18" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/elsternwick%20open.png?VersionId=J1AoOpZgTyaF.KeeFSX6lMjEScX8KKRi" />

A key element of the proposal is the reconfiguration and widening of the surrounding laneways. Vehicle access would be retained from Lois Lane, with upgraded pedestrian connections linking Ross Street and Horne Street. The development would provide 58 residential car spaces, two retail car spaces, and 52 bicycle spaces across two basement levels and ground-floor facilities.

Architecturally, the building draws inspiration from the established character of Elsternwick Village. The façade combines dark charcoal brickwork, textured concrete, bronze-toned metal detailing, and extensive planting integrated into podium and tower levels. The design also incorporates a chamfered corner treatment and publicly accessible plaza intended to strengthen pedestrian activity around the station precinct.

Elsternwick's last new development completion was&nbsp;EVA Elsternwick by Pitard late last year. <a href="https://www.apartments.com.au/developers/milieu-property">Milieu</a> is working away on its nature-led neighbourhood, <a href="https://www.apartments.com.au/new-apartments/elsternwick-gardens-by-milieu-8-gordon-street-elsternwick-vic-3185">Elsternwick Gardens</a>, on Gordon Street, with its first stage expected to complete next year.

First look: Auyin seeks mixed-use apartment project in growing Elsternwick Activity Centre

<a href="https://www.apartments.com.au/new-apartments/otium-parkdale-123-125-como-parade-east-parkdale-vic-3195">Otium Parkdale</a>, the 13-residence boutique development by&nbsp;<a href="https://www.apartments.com.au/developers/huxtable-property">Huxtable Property</a>, has entered its final stages of delivery, with completion expected within the coming month and more than half of the residences sold.

The Como Parade East project is nearing the finish line at a time when opportunities to purchase new apartments in <a href="https://www.apartments.com.au/developments/parkdale-vic-3195">Parkdale</a> remain exceptionally limited. Fewer than 10 per cent of dwellings in the bayside suburb are apartments, making developments like Otium a relatively rare addition to a market traditionally dominated by detached housing.

[smartcode_project:default project_id=134974 project_image_fid=5427]

The three-level development comprises 13 residences, including ten two-bedroom apartments and three larger three-bedroom homes, all positioned above a secure basement car park.

Designed by <a href="https://www.apartments.com.au/architects/almeida-architects">Almeida Architects</a> with a strong connection to its coastal surroundings, Otium combines red brick, exposed concrete and dark metal detailing with integrated landscaping and greenery. Expansive glazing, generous balconies and terraces have been incorporated throughout the design to maximise natural light and reinforce indoor-outdoor living.

Inside, the residences feature engineered European oak flooring, natural and reconstituted stone benchtops, Bosch kitchen appliances, ducted heating and cooling, lift access and secure entry systems. The larger three-bedroom residences on the upper level have been designed with house-like proportions, while the two-bedroom apartments prioritise functionality, flexibility and low-maintenance living.

[smartcode_project:default project_id=134974 project_image_fid=5421]

The project is now in its final stages, with <a href="https://www.apartments.com.au/builders/labco">Labco</a> completing the remaining landscaping and external finishing works following the completion of the residences' interiors.

Otium's location within the heart of Parkdale continues to underpin its appeal. Residents will be just steps from local cafés, restaurants, shops and the newly elevated Parkdale Station, while the beach is less than a kilometre away.

With the project tracking ahead of schedule, buyers can currently secure a residence with a five per cent deposit and benefit from settlement terms of up to eight months. The advanced stage of construction also provides buyers with the opportunity to walk through the near-complete residences and experience the quality and finishes firsthand ahead of completion.

[smartcode_project_cta:default project_id=134974]

Otium Parkdale enters final month before completion as rare apartment opportunity nears sellout

A new boutique apartment development is entering the market in <a href="https://www.apartments.com.au/developments/chermside-qld-4032">Chermside</a>, with Brisbane-based developer <a href="https://www.apartments.com.au/developers/ausdev">Ausdev</a> bringing 33 residences to a well-connected pocket of Brisbane's north.

<a href="https://www.apartments.com.au/new-apartments/parkdrive-apartments-chermside-25-sammells-drive-chermside-qld-4032">Parkdrive Apartments</a>, at 25 Sammells Drive, will comprise a mix of one- and two-bedroom residences positioned within walking distance of Westfield Chermside, The Prince Charles Hospital, and Bradbury Park.

Established in 1989, Ausdev has a long-standing presence across both development and construction, with Parkdrive Apartments representing its latest residential project in Brisbane's northern suburbs.

[smartcode_project:default project_id=152125 project_image_fid=363778]

The development has been designed around open-plan living and natural light, with residences featuring stone benchtops, timber cabinetry, BOSCH appliances, and private balconies that extend the living areas outdoors.

Kitchens are positioned as the centrepiece of the homes, incorporating natural material palettes and integrated appliances, while bathrooms have been designed with a focus on functionality and understated finishes.

Residents will have access to a communal barbecue and entertaining area on Level 3, providing shared outdoor space within the development. Secure parking and lift access are also incorporated into the building.

The project will deliver a limited collection of 33 apartments, with one-bedroom residences priced from $749,000.

[smartcode_project:default project_id=152125 project_image_fid=363782]

Beyond the building itself, the location places residents within easy reach of several of Chermside's key amenities. Bradbury Park is around 350 metres away, while Westfield Chermside is approximately 1.3 kilometres from the site. The Prince Charles Hospital is located within 750 metres, and the Chermside Bus Interchange is around 1.5 kilometres away, providing connections across Brisbane.

Parkdrive Apartments adds to the growing residential pipeline in Chermside, a suburb that continues to evolve as a major retail, healthcare, and transport hub for Brisbane's north.

[smartcode_project_cta:default project_id=152125]

Ausdev introduces boutique Parkdrive Apartments to Chermside's growing centre

<a href="https://www.apartments.com.au/developers/skymark-group">Skymark</a>'s boutique Cronulla development Solis has secured a 10-year Latent Defects Insurance policy through Resilience Insurance, providing buyers of the 16-residence building on Ewos Parade with structural and waterproofing protection that extends a decade beyond the building's completion.

Currently under construction and due for completion in late 2027, <a href="https://www.apartments.com.au/new-apartments/solis-cronulla-8-ewos-parade-cronulla-nsw-2230">Solis</a> is one of a small number of new developments in the Sutherland Shire to carry Resilience LDI coverage, a distinction that carries increasing weight as buyer confidence in the off-the-plan sector continues to be shaped by how developers stand behind their product.

Latent Defects Insurance, which entered the Australian market in 2022 when Resilience Insurance was approved to offer the cover, protects buyers against major structural or waterproofing defects for ten years post-completion. Unlike traditional statutory warranties, it operates as a first-resort policy, if a covered defect arises, the insurer responds directly, without the buyer needing to pursue the builder or developer through a lengthy claims process.

Resilience Insurance CEO Corey Nugent has noted that the product addresses something fundamental to the new apartment market.

"The overarching feedback from prospective buyers in the new development space is that they want more confidence and assurances around the quality of the build," Nugent says.

"Resilience Insurance Latent Defects Insurance not only gives them complete peace of mind for 10 years, but it shows the developer they are buying from is standing by their product."

[smartcode_project:default project_id=150499 project_image_fid=370898]

For Solis, the Resilience LDI policy adds a meaningful layer of accountability to an already considered project. The development comprises nine two-bedroom and seven three-bedroom residences, including one dual-level three-bedroom apartment, across a five-storey building on Ewos Parade, positioned between Shelly Beach and South Cronulla.

Garden apartments connect directly to private landscaped courtyards, while upper-level homes capture beach views to the east from level four and above.&nbsp;

All 16 residences include at least one balcony or courtyard, and select apartments on the upper floors feature bar areas and secondary flexible living spaces.

Hiba Sander, Managing Director of Skymark, says Solis offers a rare balance, nestled between the quiet beauty of secluded beaches and the lively charm of South Cronulla's esplanade.

"It's a place to choose your pace and live gracefully, seaside'," Sander says.

[smartcode_project:default project_id=150499 project_image_fid=370900]

The architecture, designed by <a href="https://www.apartments.com.au/architects/ida-design-group">IDA Design Group</a>'s Michael Trinh, draws from the natural erosion patterns of <a href="https://www.apartments.com.au/developments/cronulla-nsw-2230">Cronulla</a>'s sandstone headlands, translating the organic forms of the coastline into soft curves, pavilion-style massing, and a material palette chosen for longevity in a salt-tinged environment.&nbsp;

Textured natural stone, soft renders, and timber-look battens reference the tones of the surrounding cliffs, while the building has been oriented to maximise natural light and passive ventilation, with primary living spaces facing north and east to capture morning sun and sea breezes.

"At Solis, our aim was to create architecture that feels quietly confident, grounded in natural materials like stone and timber, and elevated by light and landscape," Trinh says.&nbsp;

"The buildings are designed to sit gently within their coastal surrounds, with expansive glazing and abundant greenery creating a seamless dialogue between inside and out."

[smartcode_project:default project_id=150499 project_image_fid=370897]

Interiors by <a href="https://www.apartments.com.au/architects/hot-black">Hot Black</a> carry the same material language through to every room. Kitchens feature integrated Gaggenau appliances, sculpted stone benchtops, and Lo &amp; Co joinery, while bathrooms feature natural stone, timber, and brushed metal finishes.&nbsp;

Hot Black Founder and Design Director Sophie Safrin describes the intent as one of considered restraint: "At Solis, every detail has been thoughtfully considered to create a timeless coastal retreat, calm, refined, and effortlessly liveable. From natural finishes to seamless indoor-outdoor flow, Solis offers a quiet elegance that's deeply connected to its surroundings.

The landscape, designed by Julian Brady of <a href="https://www.apartments.com.au/landscape-architect/sitedesignstudios">Site Design Studios</a>, treats green space as an integral part of the resident experience rather than an afterthought.&nbsp;

"Gentle curves and layered native plantings mirror the ebb and flow of the ocean," Julian Brady says, "creating a serene connection between architecture and place."&nbsp;

Coco Republic has provided bespoke furniture packages tailored to the project's coastal palette.

[smartcode_project:default project_id=150499 project_image_fid=370899]

Skymark has an established track record in the Sutherland Shire, with a portfolio spanning Cronulla, Woolooware and Burraneer that includes Isla, Sylva, Bask, Shells, Sula and Mist. Securing LDI on Solis reflects a broader shift in how the developer is positioning its buildings to buyers, at a time when Resilience Insurance expects the policy to become mandatory in New South Wales by 2028.

Sales at Solis are launching soon through Ray White Projects, with an official event scheduled for 11 June. Enquire for more information.

[smartcode_project_cta:default project_id=150499]

Skymark takes out 10-year Resilience Insurance LDI at Solis Cronulla

Retail Property

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Bedding and homewares brand Moss River has collapsed into voluntary administration with 65 creditors owed more than $2.6 million, and three stores quickly closed.
It is just two years since the business first fell into the hands of administrators in July 2015.
BDO partners Andrew Sallway and James White were appointed last month as administrators to Fineline Home Products Pty Ltd, which operates eight Moss River stores and an online store.
It employs around 40 people, mostly along Australia’s east coast.
The 39-year-old business sells linen and homewares items.
It previously went into administration in 2015 when it was then owned by an entity called Residential Homewares.
Administrator Andrew Sallway told the SmartCompany website challenging retail conditions led to the latest voluntary administration for the retailer.
The closure of the three Moss River stores were at Hyde Park in South Australia, Hawksburn in Victoria and Mona Vale in New South Wales.
The Moss River online store was described by Sallway as “easily the best revenue generator” and the best performing asset in the group.
Moss River has approximately 65 creditors, and BDO says on first estimates these parties are owed $2.6 million.
Sallway says the search for a suitable buyer for the business will continue.
Retail expert at Queensland University of Technology associate professor Gary Mortimer noted the next few years are likely to be tough for small retailers in the homewares space.
The discount department store market is generating one fifth of its sales from homewares, according to latest IBISWorld data, with discount grocer Aldi recently making a move into the increasingly crowded space.
 
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Homewares retailer Moss River goes into voluntary administration again

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The owners of Noosa’s renowned Sails Restaurant have listed their prime waterfront site, with expectations of $11 million.
Lyndon Simmons has listed the restaurant and wedding venue on Hastings Street through agent Tom Offermann, according to The Australian.
The two-storey restaurant tucked in a protected corner of Noosa’s Main Beach was developed on freehold land more than two decades ago.
The operation will continue with a 10-year lease in place and three possible five-year extensions.
“It’s not your usual commercial property and it’s not going to appeal to the hard-nosed commercial investor looking purely at immediate return on investment," Tom Offermann said.
“The person to whom it will appeal will be the investor who can see this location will always have a tenant because there will always be restaurateurs wanting one of the best restaurant sites in the country, and someone for whom a legacy property appeals.”
Trading conditions for businesses and tourism have been strong over the past three years in line with visitor numbers increasing.
Herron Todd White reported an upgrade to Hastings Street about four years ago improved foot traffic and there has been ­little retail vacancy since the amenity boosts.
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Noosa's Sail Restaurant listed with $11 million hopes

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Pop-up retail is here to stay in Australia.
They are also a bellwether of the retail property market’s health, according to Savills director for Retail Services, Leighton Hunziker.
While casual leasing focuses more on common area leasing, a pop-up business occupies what is traditionally a leased tenancy.
Landlords are embracing the concept in the absence of being able to secure long-term covenants. Pop-up retail can exist for a variety of reasons, including:
Because there is a vacancy in the shopping centre and there’s no long term tenant wanting the space
If the shop is earmarked for development and the landlord wants some activation prior to the start of demolition 
More rarely, if the landlord has devoted some space to allow entrepreneurial activity and would like to try out a new business.
Pop-ups started in Los Angeles in the late 1990s and were originally designed as a cheaper way to promote little known brands or products. 
However, their success attracted the attention of major manufacturers and in recent years, no label was too old or too high-end to open a pop-up under the right circumstances. 
In Australia, the current retail landscape is going through a period of reinvention as many traditional brands fail to differentiate themselves from the competition, and landlords are desperate to “keep the lights on” to receive at least some income rather than a vacant shop, writes Hunziker. 
Pop-ups rose in popularity as they benefit both retailers and landlords. 
They provide retailers a low-cost, low-risk platform to try something new. They also provide a low-rent and flexible duration to promote products.
For landlords, pop ups provide an income stream instead of a vacancy, while also providing a conversion opportunity to a long-term tenancy if the business succeeds.
“It’s important to remember that these pop-ups don’t operate just as a standalone alternative, and more often than not, they work in combination with traditional shopfronts as well as online retailing to help elevate brand recognition and target new audiences,” said Hunziker.
With consumers, pop-ups are popular because they offers something different, are more creative and available only for a limited time. 
The fear of missing out also plays a huge role, with 61% of shoppers listing seasonal products as the main reason to shop at a pop-up store, according to a PopUp Republic poll.
Pop-ups have been embraced by top brands. 
French designer Louis Vuitton showcased their winter men’s line in their first flash store in Milan, while Hermès sampled the market in a historically significant space in Kyoto, and then took their brand of luxury to customers in Causeway Bay with its mobile pop-up Silk Bar. 
The concept has been popular in Australia as well. Doughnut Time is a case in point.
Doughnut Time launched to the Sydney market via a 15 sqm pop up at Central Park (above) and, having successfully tested the market and delivered very strong sales, has now been converted to a high value 400 sqm permanent tenancy.
In Melbourne’s Richmond, pop-ups have become a regular feature on the Bridge Road discount fashion retail strip.
Other examples include Hello Kitty, Rue La La and Shoes.com which created pop-ups that provide sales and experiences not typically offered in traditional retail stores, whether through a shipping container that turns into a café, a two-day shopping event with a disc jockey, or a revolving door of different brands of footwear.
“In the future, it’s unlikely that the “online only” or traditional big box “brick and mortar” standalone approaches will be the most efficient,” says Hunziker.
Instead, pop-up shops are growing in popularity in combination with traditional and online retailing as a hybrid model to build more intimate relationships while creating unique, memorable 3D experiences that are aligned with the brand's values, he adds.
“In an environment where retail property is under stress, we expect that pop-ups will become increasingly popular. Landlords may continue to market pop-ups as new and exciting opportunities, however an abundance of this type of store may also reflect a certain amount of oversupply of retail space in Australia,” concludes Hunziker.
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Pop-ups are a bellwether of retail property market's health: Savills

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An iconic building which was home to retailer Walton’s in Brisbane’s Fortitude Valley has been listed. 
The former Waltons department store building, which closed down in 1987, has been owned by investment company Mount Cathy Pty Ltd.
The property is being marketed by Knight Frank’s Christian Sandstrom, Justin Bond and Dominic Ong, along with Glenn Gracie of Glenn Gracie Real Estate.
Sandstrom said the property is likely to attract interest from both local and offshore investors as well as developers.
“The property could suit a large cross-section of buyers looking to undertake a substantial refurbishment for re-adaptive use.
“Alternatively under the local plan a substantial mixed use development including retail, residential or commercial of the site is allowable (STCA), which would incorporate the heritage elements of the existing buildings.”
The property has a site area of 3,489 sqm with frontages to both Wickham and Brunswick Streets.
It has an entry to the Fortitude Valley train station and adjoins the proposed $500 million redevelopment of the Valley Metro Centre.
“The property is improved by a number of classical well-constructed buildings and is well-known as the Walton’s building, which was home to one of Brisbane’s largest retailers Walton’s Limited,” Bond said.
“Similar to the recent investment trends, Fortitude Valley has experienced increased institutional foreign investment from the US, UK, South Korea, Hong Kong and China.”
The property is being sold through an international expressions of interest campaign expected to start in four weeks.
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Former Walton’s building in Brisbane’s Fortitude Valley up for sale

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A retail property in Melbourne’s south-east bayside suburb of Sandringham is set to go under the hammer on September 20 with price expectations of more than $750,000.
The shop at <a href="https://www.realcommercial.com.au/property-retail-vic-sandringham-502509914" target="_blank">1/36 Station Street</a> forms part of a three-level building comprising two levels of apartments.
The ground floor shop is utilised as a professional office suite and includes a reception area, two partitioned offices, boardroom, kitchen/amenities area, and a bathroom.
The shop is close to public transport and other amenities.
The 106 square metre retail space is being marketed by Teska Carson’s Luke Bisset and George Takis.
The property will be sold subject to a lease to Low Development Group, and currently returns $38,935 per annum. A market review in November is expected to increase the rent to $39,500 per annum.
Bisset said the tightly held, vibrant, bayside location provided the property with strong potential which would continue to see strong capital growth. 
Takis said Melbourne’s nation leading population growth, particularly in the coveted bayside suburbs, was an additional driving force that would continue to provide prospective purchasers with opportunities.  
 
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Leased retail space in Melbourne's Sandringham up for auction 

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A 135 sqm strata restaurant/retail space close to Bondi Beach will go to auction on August 22.
in an exciting lifestyle and entertainment precinct, forward-thinking investors and owner-occupiers will immediately recognise the value on offer. 
The <a href="https://georgiaclearyhomes.com.au/restaurant-retail-opportunity-in-an-exciting-pocket-metres-from-the-beach-suit-investors-or-owner-occupiers/" target="_blank">68 Gould Street</a> property comprises a dining area plus outdoor seating, a commercial gas kitchen, cool room, storeroom and restrooms, and a car space.
The property has good frontage and large exposure due to large foot traffic around the corner from the sand and surf. 
<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/2017/08/02/BondiShop.jpg" alt="">
The listing agents are Bob Guth and Georgia Cleary of Georgia Cleary Homes.
The property could be attractive to an investor, owner-occupier or a self-managed super fund, according to the agents. 
The property sold back in 1994 for $1.65 million, according to Corelogic RP Data.
 
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Retail asset near Bondi Beach listed for auction

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Woolworths and Harris Farm are locked in a battle for a prime retail shop lease at a $110 million Kiaora Lane development in Sydney's Double Bay.
Woolworths is in the NSW Supreme Court seeking orders against organic grocer About Life and Harris Farm, saying it had the first right of refusal over About Life's retail lease, according to The Australian Financial Review. 
Family-owned grocer Harris Farm says Woolworths is engaging in anti-competitive practices by entering into leases that gives the supermarket giant the first right of refusal.
In 2009, Woolworths gave an undertaking to the Australian Competition and Consumer Commission it would not enter into new leases that gives Woolworths a first or last right of refusal in relation to additional supermarket space in a shopping centre where Woolworths had its store.
In 2014, Woolworths signed a 30-year lease with About Life where the latter granted Woolworths a "first right of refusal to retail" the retail shop if it wished to transfer the lease to a third party.
Harris Farm bought the About Life store in the Double Bay retail precinct in April for $10 million and About Life agreed to transfer the lease to Harris Farm. 
The bone of contention is the ‘first right of refusal’ in the lease, with Woolworths saying the deal cannot proceed because Woolworths says the lease rules were breached.
The Kiaora Lane Double Bay precinct was developed by Woolworths and Woollahra Council in a $110 million joint venture.
It has a Woolworths supermarket and a Dan Murphy liquor store, which is part of the Woolworths group.
In his opening submission, Woolworths' barrister Matthew Darke, SC, said the object of the agreement between About Life and Harris Farm was for Harris Farm to occupy the retail premises in Double Bay because following the sale, Harris Farm was to demolish the shop's fitout and dispose of the equipment.
Darke said About Life breached the lease because it did not first offer Woolworths the right to take over the lease on the same commercial terms as Harris Farm.
Woolworths director of property Ralph Kemmler told the court the first right of refusal was added to secure its right over the site.
"It was a valuable piece of real estate... and we wanted the ability to go back to that piece of real estate," he said.
When asked by Harris Farm's barrister Peter Wood, Kemmler said large scale supermarkets such as Woolworths face strong competition from specialist retailers for food and grocery sales.
When Darke asked co-CEO of Harris Farm, Angus Harris, whether it is "not seeking to be a supermarket at all", Harris told the court while Harris Farm advertises itself as a "market" as part of a marketing strategy but it remains a supermarket that competes in the grocery space.
"We know we're a supermarket but we're like going to the market."
The hearing continues.
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Woolworths, Harris Farm lock horns in court over shop in Sydney's Double Bay shopping centre

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A tenanted beachside retail property in Sunshine Coast’s Caloundra has sold for $675,000 to a Brisbane private through Savills.
The 1, 12 Otranto Avenue property, which is on the ground floor of Monaco Resort, sold at a net yield of 7.2%.
The selling agents were Will Carman and Scott Gardiner of Savills.
The retail strata lot, built in 2010, features a modern, well-appointed café fit-out and is leased to ‘Shingle Inn’ on a five-year lease with a five-year option. 
It has a GFA of 175 sqm which comprises 98 sqm of internal dining and 77 sqm of alfresco.
Carman said the property’s location, close to Caloundra’s major amenities and Bulcock Beach, were the main selling points.
“The property, which is zoned as ‘Tourist Accommodation’, benefits from its positioning on the ground floor of the luxurious Monaco Resort which comprises 96 residential units divided into holiday letting, permanent rentals and owner-occupiers,” added Gardiner.  
The resort is popular and had about 90% occupancy in 2016, Carman said.
The property generates a net rental of $49,075.31pa, excluding outgoings and GST.
Shingle Inn was established in Brisbane in 1936 and today, has a franchise network of approximately 50 stores nationwide.
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Caloundra beachside retail snapped up by Brisbane private investor

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Australia Fair’s $25 million upgrade is on track, with stage one of the redevelopment of the Southport shopping centre in Gold Coast expected to be completed by the end of the year.
Work is underway to replace and modernise the Centre’s iconic Scarborough Street facade.
The facelift will create a modern facade for the retail, dining and entertainment complex, with fresh signage bearing Australia Fair’s new branding.
Inside, ceiling mall finishes have been removed between the Scarborough St entrance and Mister Minit, while the ground-floor mall and an expansion of Coles continues. The store’s total floor space will increase to 4,222 sqm and will become one of the most modern supermarket formats in Australia, with new specialty butchery, seafood and bakery areas when it opens in December.
Hutchinson Builders has been contracted for the upgrades.
<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/2017/06/15/Australia%20Fair%20Artist%20Impression%20-%20Coles.jpg" alt="">
Australia Fair general manager Ramon Otten said construction was progressing well on the first stage of the Centre’s rejuvenation.
“The upgrades to the ground-floor mall and expansion of Coles will create a whole new look and feel to this part of the Centre,” Otten said.
New tenants include Colette by Colette Hayman, LiquorLand, Zaia Handbags, U Grill, Green Valley Butcher, Joy Stylist, Clearskincare Clinics. The latest arrivals include men’s clothing store Connor, which has recently opened on the ground level.
Sportsgirl, City Beach and Lowes have recently relocated into their latest concepts stores on the ground near Scarborough Street. Go Vita, Lucky Dragon Newsagency have all relocated to the Woolworths Mall floor while Ally Fashion has relocated next to Valleygirl on Level 1. Shine Beauty will be returning to the Centre in late 2017.
<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/2017/06/15/Australia%20Fair%20-%20Ground%20Floor%20Construction.jpg" alt="">
Major tenants Kmart, Woolworths and Event Cinemas already have completed their upgrades.
Otten said more tenancy announcements were in the pipeline.
“We are excited to see the transformation progressing so well and look forward to unveiling a vibrant and contemporary shopping experience to the public ahead of the 2018 Commonwealth Games,” he said.
Owner YFG Shopping Centre’s ongoing upgrade at Australia Fair follows the $15 million makeover of the Centre’s western section into Australia Fair Metro – an alfresco dining and retail precinct.
More details are available at <a href="https://www.propertyobserver.com.au/australiafair.com.au" target="_blank">australiafair.com.au</a>.
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Southport's Australia Fair shopping centre upgrade on track for completion by year end

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A freehold corner site in Brisbane’s Fortitude Valley has been listed for sale through Savills with expectations of at least $15 million.
The 354 Brunswick Street site has an area of 871 sqm with two street frontages — Ann Street and Brunswick Street.
The listing agents are Savills’ Peter Chapple and Jack Morrison.
Since acquiring the property in 2000, its local owner has restored and leased the building.
The asset generates more than 75 percent of its income from retailers on the ground floor, Morrison said.
The property is home to Universal Store, Beach Burrito, Brathaus, and Savile Row; the newest venture from the team behind Cobbler, an award-winning whiskey bar in West End. 
The retail on the ground floor, which includes courtyard area to the rear, sits below two levels of fully occupied office space all on the corner of Brunswick and Ann Street.
“The opportunity to secure a property like 354 Brunswick Street, which enjoys an unparalleled prime location on a premier corner at the top of Brunswick Street Mall, and combines low site coverage and future development potential with an excellent mix of retail and commercial tenants, is unmissable for anyone seeking marquee Brisbane property,” Morrison said.
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