Leading Gold Coast developer Sherpa Property Group has sold all of the 35 apartments in their coastal Palm Beach apartment development, Perspective Nexus, ahead of its September completion.

“To have now sold-out of Perspective Nexus before completion is just a fantastic result,” said Christie Leet, Founder of Sherpa Property Group.&nbsp;

“The sales have largely been driven by local downsizers, many live in Palm Beach already, who have been captivated by the beach lifestyle that Nexus will offer.

“We started designing this project in 2023, and to be just months out of from completion with all residences now sold is truly rewarding, and a testament to the hard work our team have put in, but the journey doesn’t finish here.”&nbsp;

Sherpa will be servicing the residents beyond settlement including managing any rentals.

[smartcode_project:default project_id=108324 project_image_fid=250149]

"We have also hired a full-time concierge service who will assist with the move in process to show residents how to use their appliances, have someone set up their flat packs or run to Bunnings – whatever we can do to make the move-in that bit easier," Leet added.

Located at 949-953 Gold Coast Highway, Palm Beach, Perspective Nexus will deliver a collection of 35 apartments, including two half-floor penthouses, and three two-storey sky homes, with those on the upper levels capturing&nbsp;views of Currumbin Alley to the Pacific Ocean.

Residents at Perspective Nexus will enjoy exclusive access to a suite of resort-style amenities, including a wellness centre with magnesium spa, sauna and steam room, as well as pool, outdoor BBQ area, and alfresco dining area.

[smartcode_project:default project_id=108324 project_image_fid=245951]

“Palm Beach really means a lot to us at Sherpa. It’s a special place, and we’re proud to be contributing to its next chapter,” Leet said.

“We’ve put a lot of thought into creating something that fits the area and enhances the lifestyle locals already love."

[smartcode_project:default project_id=108324 project_image_fid=250148]

Perspective Nexus marks the latest success in Sherpa’s ‘Perspective’ portfolio, following the strong momentum at Perspective Helm on Chevron Island, which is now 90% sold.&nbsp;

The record-breaking $10 million sale of Penthouse 10 at Helm earlier this year has reinforced Sherpa’s position as a leading creator of premium, owner-occupier residences across the Gold Coast.&nbsp;

With construction on track for completion in September by LPS Group, Perspective Nexus is set to become Palm Beach’s most exclusive new address.&nbsp;

[smartcode_project_cta:default project_id=108324]

Joel Robinson

Sherpa sells out Perspective Nexus, Palm Beach apartment development

Residents will soon be handed the keys to the boutique collection of four-bedroom townhomes at&nbsp;<a href="https://www.apartments.com.au/new-townhouses/burton-place-ashburton-12-14-high-street-road-ashburton-vic-3147">Burton Place</a>, with move-ins expected in just three weeks.

Farey &amp; Co are now offering private inspections, with limited residences remaining as construction approaches completion.

In an area where development is rare and competition for quality homes remains strong, <a href="https://www.apartments.com.au/new-townhouses/burton-place-ashburton-12-14-high-street-road-ashburton-vic-3147">Burton Place</a> introduces a practical solution for those looking to stay in Ashburton without giving up space, comfort, or design quality.

[smartcode_project:default project_id=4398 project_image_fid=309303]

Developed by <a href="https://www.apartments.com.au/developers/leeka-group">Leeka Group</a>, Burton Place comprises just eight four-bedroom townhomes across three levels, offering features more commonly found in the standalone family homes that define the area.

Set back from High Street Road behind landscaped pathways and a wide, private driveway, the development is arranged across two symmetrical blocks of four homes.

The architecture favours robust, enduring materials, contemporary brickwork, full-height glazing, and minimal detailing, designed to offer both longevity and ease of maintenance.

[smartcode_project:default project_id=4398 project_image_fid=309299]

Each home includes a double lock-up garage with direct internal access, a dedicated study for flexibility, and both balconies and private courtyards that provide outdoor space without requiring ongoing upkeep.

Interiors prioritise clarity and function: kitchens feature Bosch appliances, stone benchtops, and custom joinery, while open-plan living areas flow naturally to outdoor zones. Full-height windows ensure ample natural light across all three levels.

Master bedrooms include generous walk-in robes and ensuites finished in polished stone with brushed nickel fixtures. Secondary bedrooms are carpeted, well-proportioned, and serviced by discreet, well-appointed bathrooms.

The overall layout supports privacy between zones while maintaining accessibility across each level.

[smartcode_project:default project_id=4398 project_image_fid=3027]

Burton Place’s location supports a car-light lifestyle, just minutes from <a href="https://www.apartments.com.au/developments/ashburton-vic-3147">Ashburton</a> Village and close to local green spaces including Ashburton Park and Markham Reserve.

With cafés, grocers, healthcare services, and public transport nearby, the project caters to buyers seeking amenity-rich living just 25 minutes from the CBD.

Construction is over 85 per cent complete, with settlement and move-ins expected early next month.

[smartcode_project_cta:default project_id=4398]

Leeka Group to welcome buyers to Ashburton's Burton Place next month

Reputable builder-developer TOGA is reviving its mixed-use masterplan precinct in Sydney's Five Dock.

The&nbsp;new State Significant Development Application and rezoning proposal is for nearly 700 dwellings across four buildings on the prime Parramatta Road site.

There will be three shoptop housing towers ranging from 14 to 28 storeys, and one eight-storey build-to-rent (BTR) building with co-living units and co-working space. There will be 50 affordable housing units. The masterplan will also include ground-level retail anchored by a full-line supermarket

<img alt="51-55 Parramatta Road, Five Dock" data-entity-type="file" data-entity-uuid="7779f1ce-4e41-4366-967f-a9025c023052" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Five%20dock%20location.png?VersionId=wQzc1r_9f.m5jokX_DiJ9ItcdUqYJapQ" />

Architecture firm Bates Smart has been engaged to draw up the plans.

They said their vision is for a "sustainable and permeable mixed-use precinct that builds on the urban design principles established in the recently rezoned Kings Bay Precinct."

The project spans a consolidated 18,500 sqm site fronting Parramatta and Queens Roads. TOGA’s concept integrates residential, retail, and community uses with substantial public realm upgrades.&nbsp;

A new 2,090 sqm public park, widened road frontages, a through-site pedestrian and cycle link, and a new local street are proposed as part of the transformation of the Kings Bay Precinct, an area identified under the Parramatta Road Corridor Urban Transformation Strategy (PRCUTS) for high-density redevelopment

The scheme includes:

<ul>
	<li>Three residential towers (Buildings 1–3) with shop top housing (14–28 storeys)</li>
	<li>One eight-storey BTR/co-living building (Building 4)</li>
	<li>674 total dwellings, including a mix of studio to four-bedroom apartments</li>
	<li>Retail and potential community space at ground level</li>
	<li>Three-level basement for car parking and supermarket</li>
	<li>New east-west and north-south connections through the site</li>
	<li>7.5 per cent affordable housing provision, in perpetuity</li>
</ul>

<img alt="51-55 Parramatta Road, Five Dock" data-entity-type="file" data-entity-uuid="e91e8db0-f734-483a-9e04-87725253f72b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Five%20dock%20precinct.png?VersionId=tkXiCp1dEUZMB1Vs7AZhJwFYq4XtWTlU" />

The submission follows the refusal of a previous scheme, known as Five Dock Village, that proposed over 1,000 homes across four towers. The 2024 rejection by Canada Bay Council cited excessive height, bulk, and non-alignment with PRCUTS objectives.

In contrast, the current approach focuses on design excellence and planning alignment, facilitated by a concurrent rezoning and SSD pathway under the Housing Delivery Authority. TOGA will pursue a streamlined design review process via the State Design Review Panel, waiving a competitive design competition while ensuring architectural quality through oversight and review

“The revised scheme responds to council and state feedback and delivers a more integrated outcome,” the scoping report notes, highlighting the project’s focus on active ground-level uses, walkability, and local character.

<img alt="51-55 Parramatta Road, Five Dock" data-entity-type="file" data-entity-uuid="11c1be94-1009-4a51-b7bb-061accb2699e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Five%20dock%20pers.png?VersionId=UVhKtIsr55no2V15fnlJsSdqxPFxw.1U" />

The site falls within the Kings Bay Precinct, an emerging redevelopment zone along Parramatta Road that includes projects such as 129-155 Parramatta Road and 53-75 Queens Road. It sits less than a kilometre from the future Five Dock Metro Station, currently under construction as part of the Sydney Metro West line, strengthening the project’s public transport connectivity and alignment with NSW’s 30-minute city goal

The development is also expected to make a significant contribution to the NSW Government’s housing targets, with the Canada Bay LGA required to deliver 5,000 new homes by 2029.&nbsp;

The proposal supports key pillars of the NSW Housing Strategy and National Housing Accord, with a mix of tenures, affordable housing, and timely delivery potential.

TOGA to push on with Five Dock mixed-use masterplan

<a href="https://www.apartments.com.au/developments/caulfield-north-vic-3161">Caulfield North</a> isn’t short on prestige, but it is short on boutique new apartment developments with spacious floorplans.

Cue LUMA, the newest development by&nbsp;<a href="https://www.apartments.com.au/developers/skylife-group-pty-ltd">Skylife Group</a>, which offers just nine apartments on Hawthorn Road.

<a href="https://www.apartments.com.au/new-apartments/luma-caulfield-north-226-hawthorn-road-caulfield-north-vic-3161">LUMA</a> occupies a coveted position near Caulfield Park, encircled by Melbourne's finest schools, parks, and culinary destinations. Its low-rise form by Metaxas Architects channels timeless design principles, wrapped in a restrained yet luxurious material palette.

Every residence embraces natural light and outlooks, thanks to expansive glazing and thoughtfully arranged floorplans.

Ranging from 80 sqm to nearly 160 sqm internally, with terraces or balconies extending up to 30 sqm, the homes offer a diversity of configurations, from two-bedroom residences to three-bedroom layouts with up to three bathrooms.&nbsp;

[smartcode_project:default project_id=148933 project_image_fid=335511]

The interiors are unified by a calm, light-infused aesthetic. Organic white walls, soft walnut timber joinery, and Aurora Range European Oak flooring are paired with plush carpeted bedrooms, creating a harmonious tactile experience.

The kitchens at LUMA serve both as culinary workspaces and statement design features. Buyers can choose between a lightGlacier Honed or dark Turko Argento natural stone benchtop, with timber-look Polytec Ravine joinery and fluted glass cabinetry providing contrast.&nbsp;

Miele appliances complete the package, tailored to residence size, with premium upgrades for three-bedroom homes including an 80cm induction cooktop and Gen 7000 speed oven.

Bathrooms echo the same sensibility, with natural stone, black EXON fixtures, and frameless glass showers. Select residences offer freestanding baths.&nbsp;

[smartcode_project:default project_id=148933 project_image_fid=335513]

Private outdoor spaces, secure parking, and options for EV charging reflect a practical yet elevated lifestyle focus.

As the development progresses toward its late 2026 completion, construction is in the hands of <a href="https://www.apartments.com.au/builders/rf-construction-management-pty-ltd">RF Construction Management</a>, bringing over 30 years of local high-end building expertise.

LUMA also offers a five per cent deposit structure, allowing buyers time to plan while securing their place in this tightly held precinct.&nbsp;

[smartcode_project_cta:default project_id=148933]

Inside Caulfield North's most boutique address, LUMA

Sekisui House Australia's first apartment development in Sydney's Lower North Shore has been a hit with prospective new home buyers.

They recently released <a href="https://www.apartments.com.au/new-apartments/waterstone-st-leonards-24-berry-road-st-leonards-nsw-2065">Waterstone</a>, on the fringe of Newlands Park in the emerging St Leonards South precinct, a short walk from the Crows Nest Metro and the heart of St Leonards.

The new development will home&nbsp;207 apartments across five mid-rise buildings, rising between four to nine storeys.

We recently visited the display suite at&nbsp;60 Pacific Highway, St Leonards, to find out more about the development that has been one of the most enquired on developments on Apartments.com.au in the last few months.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/rO1K7t6GOgY?si=pwmYyqjNBBzjMNeb" title="YouTube video player" width="560"></iframe>

Watersone sales agent Paul Marrum says the orientation of the building was key to Sekisui's wider design philosophy.

“Waterstone has been orientated to face south, capturing views over Newland’s Park and back to the Sydney CBD," Marrum says.

"This deliberate positioning, alongside 30 per cent of the site dedicated to open space designed by <a href="https://www.apartments.com.au/landscape-architect/aspect-studios">Aspect Studios</a>, roots the project in the developer’s Satoyama philosophy - prioritising balance between the built environment and its surrounding ecosystem."

On offer are a mix of one-, two-, three-, and four-bedroom apartments, with many including&nbsp;multi-purpose rooms to accommodate shifting lifestyle needs, from work-from-home professionals to growing families and downsizers.&nbsp;

[smartcode_project:default project_id=134191 project_image_fid=234]

“Every apartment is open plan, with interiors flowing to balconies or courtyards," Marrum adds.

"The material palette reinforces this flow: soft-toned tactile stone, fluted glass cabinetry, and warm timber joinery work together to create what he describes as a “refined but relaxed atmosphere.”

There’s a distinct human scale to Waterstone’s design. The community is shaped as a network of boutique buildings threaded by a ‘green spine’, a landscape feature that invites movement, reflection, and connection.

Marrum highlights the presence of sensory gardens and native planting throughout, signalling an approach that enhances both wellness and biodiversity.&nbsp;Yet Waterstone doesn’t forgo amenity for serenity however. Residents will have access to a heated outdoor pool and spa, infrared sauna, co-working lounge, fully equipped gym, and even dedicated resident workspaces.&nbsp;

[smartcode_project:default project_id=134191 project_image_fid=231]

Waterstone will rise from a prime Berry Road site ideally located near the green Newlands Park but also a short walk to the hear of both St Leonards and Crows Nest, two transport nodes with bus, train, and Sydney Metro lines connecting to the rest of Sydney.

Construction is slated to begin in mid-2025, with completion targeted for late 2027.&nbsp;

[smartcode_project_cta:default project_id=134191]

Inside Waterstone St Leonards: Apartments.com.au Video Spotlight

Retail Turnover

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Knight Frank, the global property consultancy headquartered in London, announced its financial results for the year ending 31 March 2015, reporting a record $276m profit and $754m turnover.
Alistair Elliott, group chairman and senior partner, Knight Frank, said Knight Frank had achieved a 19% increase in profit.
"Our growing presence in prime locations across London and our enhanced coverage of New York, Miami, LA and Sydney has helped to cement our offering to clients looking for access to the world’s leading employment centres," he said.
“The specialist property sectors (including hotels, student property, healthcare, residential capital markets and automotive) are becoming a more central part of investors’ portfolios and solid returns over turbulent periods have increased their appeal.
“In Asia Pacific, where many countries have been affected by China’s slowing economic growth and the imposition of property cooling measures, Knight Frank India and Knight Frank Australia have both performed exceptionally and increased their profiles significantly."
“In Europe, fortunes are varied," he noted.
He listed key assignments of global relevance:
Dublin, Irish Life – We acquired 26,500 sq m retail investment portfolio on behalf of Irish Life for in excess of €150,000,000. The portfolio which produces a rent of €7.4 million, includes properties on Grafton Street, Henry Street and Dawson Street with tenants including McDonald’s, Waterstones, Clarks and Brown Thomas.
London, Southbank Place – We have been advising on multiple aspects of the strategically important redevelopment of the Shell Centre. The development includes 868 homes, 530,000 sq. ft of office space and 48,000 sq. ft of shops, restaurants and cafés and is expected to be completed by 2019.
Dubai, Jebel Ali Freezone – Dubai – We valued the World’s largest Freezone, Jebel Ali FreeZone, with a valuation totalling US$4.5bn.
Singapore, Straits Trading Building - Sold off market to Sun Venture for US$332m. This translates to US$2,086 per sq ft, the highest US$ per sq ft achieved since 2008.
London, French Embassy – We are currently working with the French Government on the acquisition of a new, fit-for-purpose Embassy building and the disposal of their existing facilities located in Kensington and Knightsbridge.
UK, The Ardent Portfolio – We are currently marketing the Ardent Portfolio, on behalf of The International Mutual Fund, which comprises a collection of 25 student accommodation properties located across 12 UK university cities. The portfolio provides accommodation for 5,507 students and is being sold off an asking price of offers in excess of £400m.
Brisbane, Sydney, Australia – Knight Frank sold one of the city’s most prominent and high-profile office and retail towers, 215 Adelaide Street, for AUD224 million on behalf of Pramerica Real Estate Investors to Australian investment management company Challenger Life.
UK, Meridian Healthcare - Knight Frank’s Healthcare team sold a portfolio consisting of 30 care homes on behalf of Meridian Healthcare Ltd to Formation Capital and HCPI, for in excess of £100million.
London, 10 Park Drive - Having been involved in the consultancy for the scheme for the past four years, Knight Frank’s residential development team, working alongside Canary Wharf Group, launched 10 Park Drive, the first phase of Canary Wharf’s new residential offering on its 128 acre private estate. Upon completion, the development will comprise 3,200 new homes, shops, restaurants, parks and a school.
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Retail Turnover

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