Following the proposal by the Minns Labor Government to rezone Parramatta Road to create up to 8,000 new homes, prominent developer Ceerose has gone to the NSW Gov to increase the density of its new mixed-use residential building in Leichhardt.

<a href="https://www.apartments.com.au/builders/ceerose">Ceerose</a>, founded by Edward Doueihi nearly three decades ago, has filed plans for 154 apartments above ground-floor retail at 307-315 Parramatta Road, a key corner site near Norton Street, the main high street strip in Leichhardt.

It's an upsize from the previously approved scheme of 63 apartments across a seven-storey building.

<img alt="Ceerose" data-entity-type="file" data-entity-uuid="ba1ae75b-5f08-43fb-b8d5-3de6d9f6ef71" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-12-04%20at%2010.31.39%E2%80%AFAM.png?VersionId=yA3hBBLPH4ev7MsAE0_hieXeqiFqBUb7" />

The project is being advanced through the State Significant Development (SSD) pathway, with concurrent rezoning sought to facilitate the proposal. The 10-storey development would rise over a four-level basement and deliver two retail tenancies, one a larger-format offering and the other a smaller “hole in the wall” space, addressing the Parramatta Road frontage. 21 of the apartments are dedicated as affordable housing.

According to the Urban Design Report by Architecture AND, the scheme includes a podium and tower configuration, with a fine-grain, two-storey parapet street wall that references the traditional shopfront rhythm along the corridor. “An elegant tower form is proposed, combined with a characterful two storey frontage... articulating it as two related buildings, providing consistency with the rhythm and grain of Parramatta Road,” the report notes.

The residential component is split across two slender towers set back from the street edge, a design move aimed at preserving solar access and reducing perceived bulk. This massing strategy also seeks to improve residential amenity by focusing scale toward the quieter northern interface, away from Parramatta Road’s noise and pollution.

<img alt="Ceerose" data-entity-type="file" data-entity-uuid="347f2f8f-5d36-4388-b40a-2e77380b9c19" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-12-04%20at%2010.31.02%E2%80%AFAM.png?VersionId=xvyUE2ujT1lzivXTo.mHBJFF4SmfgLtz" />

Architecture AND has worked with Ceerose on previous Inner West projects, and cites a deep familiarity with the local character. Their design draws heavily on context, heritage, and sunlight access considerations, and engages with the Inner West Council’s “Our Fairer Future” strategic planning framework.

The site spans 2,712 sqm and is located near key intersections with Catherine Street, Hay Street, and Redmond Street. It adjoins a public carpark to the north and is within walking distance of Stanmore and Petersham stations. It is also flagged in state and local planning strategies, including the Parramatta Road Corridor Urban Transformation Strategy, as a suitable candidate for increased density.

Ceerose recently completed The Alex Collective on McEvoy Street in Alexandria, Abbie's Lane in Annandale, and the award-winning Munro House in Elizabeth Bay.

The Parramatta Road corridor is coming to life with the proposed rezoning which is serviced by a significant number of bus, light rail and train routes.

Deicorp is progressing with its $1.8 billion <a href="https://www.apartments.com.au/new-apartments/kings-bay-village-five-dock-53-75-queens-road-five-dock-nsw-2046">Kings Bay Village</a> precinct on Parramatta Road in Five Dock, as is <a href="https://www.apartments.com.au/news/nsw/toga-to-push-on-with-five-dock-mixed-use-masterplan">TOGA further down the street</a>. Those two projects alone will bring nearly 2,000 new homes to Parramatta Road.

Joel Robinson

First look: Ceerose plots mixed-use Leichhardt development on Parramatta Road

North Sydney's landmark 'SBS Building' on Alfred Street is set to be demolished to make way for a new mixed-use residential tower in the booming North Sydney.

Commercial property group FiveX is behind the plans for a <a href="https://www.apartments.com.au/new-apartments/275-alfred-street-north-north-sydney-nsw-2060">39-storey tower</a>, the latest project to advance under the NSW Government’s Housing Delivery Authority pathway.

They are proposing 184 apartments above retail spaces, which will replace the existing 20-storey commercial building. FiveX was set up more than five decades ago by Joshua and Marko Berger. It is currently led by Joshua's son Lesli.&nbsp;

<img alt="First look: Fivex plans 39-storey residential tower at 275 Alfred Street, North Sydney" data-entity-type="file" data-entity-uuid="2efa0980-53fa-4cca-9f9e-9c3c845d4746" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Article%20Feature%20Image%20%28Grid%29%20%281%29_0.png?VersionId=y_YyPMq3NQLfYRs84pP4os9UgWiMLp75" />

According to the Architectural Design Report by <a href="https://www.apartments.com.au/architects/fjc-studio">FJC Studio</a>, the slender tower form has been deliberately designed to respect the site's transitional setting at the southern gateway to the North Sydney CBD, where high-rise towers give way to lower-scale residential precincts.

"The slender tower form and articulated podium establish a respectful relationship with nearby heritage and low rise buildings, including the Whaling Road Heritage Conservation Area,” the architecture firm noted, adding that the tower “completes a missing link in the urban fabric” while enhancing the Alfred Street streetscape.

The proposed building will include a mix of one-, two- and three-bedroom apartments, with 15 percent of the gross residential floor area allocated as affordable housing. There is an agreement already in place that those apartments will be managed by Evolve Housing.

The project aligns with broader state housing objectives, including the National Housing Accord target of delivering 1.2 million new homes by 2029. The Scoping Report filed with the State Significant Development Application (SSDA) suggests the site "presents no impediments to rapid delivery,” with construction able to commence within 12 months of receiving consent.

North Sydney has been one of the most popular suburbs in Sydney for new and off the plan apartment development, but hasn't had the supply to keep up with demand, until recently.

AURA by Aqualand was, for a long time, the only off the plan apartment building on the market. That completed last year, and has sold the majority of its 386 luxury apartments. Recently ALAND launched <a href="https://www.apartments.com.au/new-apartments/the-walden-173-179-walker-street-north-sydney-nsw-2060">The Walden</a> on the same street, selling over $100 million within just a few hours of its launch, while developer CASA also launched&nbsp;<a href="https://www.apartments.com.au/new-apartments/the-mclaren-north-sydney-45-mclaren-street-north-sydney-nsw-2060">The McLaren</a>&nbsp;in the same precinct.

First look: Fivex plans 39-storey residential tower in booming North Sydney

Kokoda Property Group has announced the Sydney-based Versatile Construction as the builder for its landmark $1.5 billion <a href="https://www.apartments.com.au/new-apartments/teneriffe-banks-17-27-skyring-terrace-teneriffe-qld-4005">Teneriffe Banks</a> precinct.

Construction of the 17,612 sqm site is scheduled to commence in December 2025 and is expected to be delivered in stages from 2028. Once complete, <a href="https://www.apartments.com.au/new-apartments/teneriffe-banks-17-27-skyring-terrace-teneriffe-qld-4005">Teneriffe Banks</a> will comprise 212 residences across four architecturally distinct buildings, alongside Brisbane’s first Kimpton Hotel, extensive retail, hospitality, and wellness amenities.

[smartcode_project:default project_id=139896 project_image_fid=295098]

Kokoda Property Group Founder and Managing Director, Mark Stevens, said appointing Versatile Construction marks a significant milestone for <a href="https://www.apartments.com.au/new-apartments/teneriffe-banks-17-27-skyring-terrace-teneriffe-qld-4005">Teneriffe Banks</a>.

“Partnering with Versatile Construction gives us confidence in delivering a precinct that sets a new benchmark for luxury living, curated experiences and vibrant riverfront activation," Stevens said.

"Together, we will bring the vision for <a href="https://www.apartments.com.au/new-apartments/teneriffe-banks-17-27-skyring-terrace-teneriffe-qld-4005">Teneriffe Banks</a> to life, creating a destination that residents and visitors will enjoy for generations."

Throughout the construction phase, more than 2,000 jobs will be created, supporting hundreds of local contractors and suppliers.

[smartcode_project:default project_id=139896 project_image_fid=352274]

Marco Fahd, Chairman &amp; CEO at Versatile Group, said the company is looking forward to&nbsp;expanding their footprint in the state, taking on their inaugural project in Brisbane.

"We are proud of the unwavering commitment our team of experts have to quality and certainty in delivery and are excited to work with Kokoda to bring their vision for this unique project to life," Fahd says.

Sales reached $285 million on the launch of <a href="https://www.apartments.com.au/new-apartments/teneriffe-banks-17-27-skyring-terrace-teneriffe-qld-4005">Teneriffe Banks</a>, with sales momentum continuing to "exceed all expectations."

Stevens says the overwhelming response from buyers validated the group’s vision for <a href="https://www.apartments.com.au/new-apartments/teneriffe-banks-17-27-skyring-terrace-teneriffe-qld-4005">Teneriffe Banks</a>.

“The demand for a luxury product in this enclave has been extraordinary, we’ve never seen anything like it before. It reinforces everything we’re doing around quality, design, and creating genuine lifestyle precincts. Buyers are recognising the enduring value of Brisbane’s riverfront and are responding to the opportunity to live within a world-class destination that celebrates both place and lifestyle.”

[smartcode_project_cta:default project_id=139896]

Kokoda appoints builder for $1.5 billion Teneriffe Banks waterfront precinct

Castle Hill’s booming development market is set for another boost, with builder-developer Buildex proposing a new mid-rise apartment building near Castle Towers.

Buildex has submitted plans to The Hills Shire Council for a <a href="https://www.apartments.com.au/new-apartments/197-old-northern-road-castle-hill-nsw-2154">nine-storey building comprising 57 apartments</a> on Old Northern Road. The company acquired two adjoining sites earlier this year, totalling more than 2,683 sqm.

Texco Design has prepared the scheme, which includes five one-bed plus study apartments, 37 two-bedrooms, and 15 three-bedrooms.

Castle Hill has become a hotspot for developers in recent years, undergoing significant transformation driven by the opening of the Hills Showground Precinct to development and the introduction of two metro stations servicing the suburb.

Developers including Deicorp and Kassis Homes have already completed projects, and are progressing future developments, while Meriton, Arada, and Ellipse are currently delivering new projects in the rapidly evolving area.

Staff Writer

First look: Buildex plans 57 apartments near Castle Towers

Gold Coast developer&nbsp;<a href="https://www.apartments.com.au/developers/immerse-projects">Immerse Projects</a>&nbsp;has unveiled what it intends to deliver at its recently acquired Toowong site, its debut apartment development in Brisbane.

Immerse, founded by John Kearney who is also the founder of regarded construction company Greyburn, secured the prime Sylvan Road site <a href="https://www.apartments.com.au/news/qld/first-look-immerse-projects-moves-into-brisbane-apartment-market-with-toowong-site-acquisition">earlier this year</a>, in an area which has historical significance to Kearney who&nbsp;studied at the nearby University of Queensland.

"It feels like a full circle moment," Kearney told&nbsp;<a href="https://www.apartments.com.au/" target="">Apartments.com.au</a>.&nbsp;

“I spent many nights at the Regatta Hotel just down the road, as have most people in&nbsp;<a href="https://www.apartments.com.au/developments/brisbane-qld" target="">Brisbane</a>. It’s one of the city’s most well-known hotels, and with several cafes, restaurants, and a CityCat stop nearby, it’s become an even more attractive place to live.”

He is planning a <a href="https://www.apartments.com.au/new-apartments/22-24-sylvan-road-toowong-qld-4066">15-storey project with 88 apartments</a> above an activated ground plane with a shop and hospitality spaces.

<img alt="Toowong podium" data-entity-type="file" data-entity-uuid="c350436b-9d64-46cc-ab6f-defc009e1b65" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/podium_0.png?VersionId=zt7A0_14M62TkZ61YHnGmEck9KM9HqDA" />

The architecture, led by <a href="https://www.apartments.com.au/interior-designers/bda-architecture">BDA Architecture</a>, presents a tower massing that responds to the area's evolving mid-rise context. The scheme incorporates podium and rooftop communal spaces, while the commercial elements aim to activate the Sylvan Road frontage and enhance the site's interface with the adjacent parkland.&nbsp;

Landscaping plans by Ivy May Landscape Architects include subtropical planting and deep soil zones to support stormwater management and visual integration.

Supporting documentation from Mewing Planning Consultants notes that "the proposed development will deliver a mixed-use outcome that enhances the vibrancy of the Sylvan Road corridor" and highlights its proximity to high-frequency public transport and community facilities.

<img alt="First look: Immerse Projects moves into Brisbane apartment market with Toowong site acquisition" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/22-24%20Sylvan%20%20Rd%20Toowong_Markups.jpg?VersionId=u4_IGzpYLPFfAZSsgCZynov3bm7umwJ." />

&nbsp;

There's been little new apartment development in Toowong in recent years. The most notable is Consolidated Properties two-tower Monarch Residences, which is approaching completion with nearly all of its 224 residences sold.

Kearney describes&nbsp;<a href="https://www.apartments.com.au/developments/toowong-qld-4066" target="">Toowong</a>&nbsp;as a suburb with real depth.

"The suburb attracts everyone, from students to retirees, and that's what makes it interesting."

First look: Immerse Projects reveals debut Brisbane apartment development in Toowong

Sale

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The Double Bay apartment block Monterey sold at Monday auction for $6,8 million. There are seven apartments in the 1920s complex at 256 New South Head Road, up the hill from the village.

It was marketed by NG Farah agent Joe Recep as "a rare entire apartment block offering."

Buyers were advised there was scope to "add further value" with the potential to sell the apartments separately.

The building was already a strata block with the units sold off separately in the early 1990s. The apartments were mostly three bedroom, two bathroom with high ceilings and bay windows.

The most recently available apartment was at a $550 a week asking rental, down on its peak $750 a week rate sought in 2015. It was up for rent at $350 a week. in 2005.

The period building came with a wide timber staircase.

The bidding at Cooley Auctions opened at $6 million. There were just the two bidders competing.

The vendor had accumulated all seven apartments between 2001 and 2008 at a $2.5 million cost.

Monterey is diagonally opposite the 2018-completed Golden Age complex, Essence which is a striking strata complex at 315-321 New South Head Road.

[smartcode_project:default project_id=6002]

Golden Age secured off the plan sales in 2016. A recent resale was $2.75 million last March for an apartment sold off the plan in 2016 at $2.66 million.

Essence has 38 residences in two buildings.
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A Double Bay block of seven apartments was sold at auction for $6.8 million

jchancellor

$6.8 million paid for Double Bay block of apartments

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A raw development site in Sydney’s inner south-west has sold in Belmore.

The 685sqm site, which presents a residential development opportunity, was purchased by local residential developer Amira Property Investment.

Comprising a vacant residential dwelling, the site will be able to provide three to four townhouses or residential apartments under its current R4 high-density residential zoning.

<a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/33_lucerne_street_belmore.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="387" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/33_lucerne_street_belmore.jpg?itok=YGax1tA9" width="580"></a>

Formerly owned by the Leigh family of Belmore, the site included a large rear garden and off-street parking for two to three cars.

Savills Australia’s Ollie Ridley and Nick Lower negotiated the deal who said the opportunity was highly sought after by residential developers looking to convert the site into a new townhouse or duplex development.

Capitalising on the growth of Belmore, many developments are rising up in the inner south-west suburb surrounded by residential housing.

Amira Property aims to develop the site into duplex homes.

<h2>Other new residential developments in Sydney’s inner south-west</h2>

Located less than 30 minutes by train to Central, Belmore is becoming an attractive location for developers and homebuyers alike due to its tight-knit community and the incoming Belmore metro station.

Other new developments in Belmore include Cornerstone and Aura, which are catering to the suburb’s substantial population growth.

Delivered by ALAND, Cornerstone is a five-level residential development on Canterbury Road in Belmore, offering 141 one, two, and three-bedroom residences.

<a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/cornerstone-717-727-canterbury-road-belmore-878ef8fc74989d642ed6f7290a0038f3.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="435" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/cornerstone-717-727-canterbury-road-belmore-878ef8fc74989d642ed6f7290a0038f3.jpg?itok=ObyotR6t" width="580"></a>

Apartments in the complex include recessed balconies, high ceilings and open-plan kitchens, as well as amenities such as ground-floor retail spaces and parkland.

Down the road in Canterbury, AURA is offering one-bedroom apartments from just $588,000. The homes include contemporary design, entertainers’ balconies and large courtyards.

Designed by Glyde Architects, AURA includes open district and city skyline views, designer stone kitchens and wood texture cabinetry throughout.

A security storage cage is available for all residents, making the home a smart decision for owner-occupiers and downsizers.
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The site will be able to provide three to four townhouses or residential apartments under its current R4 high-density residential zoning

max.kwok_55688

Raw development site sells in Sydney's inner south-west

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Yuhu Group Australia has announced its settlement on a commercial property in North Sydney for $59 million.
The 15-storey block at <a href="https://www.realcommercial.com.au/property-offices-nsw-north+sydney-500854103" target="_blank">20 Berry Street</a>, close to the Greenwood Plaza Shopping Centre and the North Sydney train station, occupies three prominent street frontages.
The freehold building of 9723.3 sqm sits on 1391 sqm of land, and with several recent upgrades, boasts an impressive foyer with a newly refurbished café/restaurant, excellent natural light, expansive harbour and district views from the upper levels, and has parking for 110 vehicles.
The complex is currently 100% leased with major global infrastructure consultants SMEC occupying 49% of net lettable area (NLA) until 2023.
Other tenants include financial, IT and childcare services.
Knight Frank noted the leased net income is $4.4 million per annum with an estimated weighted average lease expiry (WALE) by income of 5.42 years.
“Because of its highly convenient and desirable location, ready access to outstanding transport, recreational and education facilities as well as it vibrant commercial and residential sectors, we see this North Sydney purchase as a sound investment in securing long-term growth,” said Yuhu Group founder and chairman Xiangmo Huang.
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j.ballantyne1990-6AQqhLzZaK

Yuhu Group confirms settlement of $59m building in North Sydney‏

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The weekend 10 Gruyere Crescent, Ivanhoe East offering of a Robin Boyd-designed 1950s home fetched $1,745,000 through Jellis Craig Price.
They had been suggesting a $1.5 million plus expectation for <a href="https://www.realestate.com.au/property-house-vic-ivanhoe+east-120309157" target="_blank">the three-bedroom house</a> which was commissioned by the seller’s grandfather.
There were four bidders who appreciated the Boyd-factor. 
It was marketed as one of the very first homes in the area. 
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jchancellor-FAypfDUnLy

Robin Boyd Ivanhoe East sale

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The first land release in The Gables Box Hill is slated for Saturday August 22, with 170 lots released over two days through priority number and auction.
Lot sizes from 450sqm to 600sqm will be released, with prices starting from $540,000. Some lots are elevated and have views overlooking the entire project.
The Gables Box Hill development director, Matthew Scard, said over 13,000 people eventually move into The Gables.
Eventually 4,000 dwellings will be built on the 3330 hectare holding. The development includes a proposed lake, a 5.5 hectare town centre, active and passive open spaces, a school, new roads and associated infrastructure.
Developers of The Gables, Celestino, are also managing work on The Sydney Science Park following the NSW Government's Gateway Determination for the its development. It will be a 280ha development and upon completion is expected to employ over 12,000 staff, 10,000 students in key scientific and technological and provide more than 3000 homes. 
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For more information on The Gables <a href="https://www.thegablesboxhill.com.au" target="_blank">click here</a>. 
 
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mick.cee-iDmgDDAmu8

The Gables development set to release 170 lots 

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A Port Douglas trophy holiday home has been sold for around $2 million.
The  four bedroom, five bathroom four level property, <a href="https://www.domain.com.au/for-sale/57-murphy-street-port-douglas-qld-4877-2011364465" target="_blank">57 Murphy Street Port Douglas</a>, is built on Flagstaff Hill and has views to the Coral Sea and nearby mountains. 
Designed by local Gary Hunt, the home features an open plan living area with four metre high raked timber ceilings, gourmet eat-in kitchen, wrap around terraces on all levels, an indoor/outdoor plunge pool and a separate self-contained studio.  
The master bedroom suite with an adjoining study has dual bathrooms with a centre piece Japanese Ofuro bath.
Lyn Hall and her late husband, Mike Hall, ex-President Coca Cola Japan built the home in 1996.
It was listed for sale through David Cotton, Raine &amp; Horne Port Douglas, and marketed by Lynn Malone.
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Port Douglas hilltop trophy home sold for $2 million

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The former Conde Nast managing director and founder of Vogue Magazine, Bernard Leser and wife Barbara have secured the sale of their Palm Beach retreat.
It fetched $3.15 million through Raine &amp; Horne agent David Eden.
The property on <a href="https://www.domain.com.au/sold/75-pacific-road-palm-beach-nsw-2108-2011919272" target="_blank">75 Pacific Road</a> was bought back in 1994 by the Elizabeth Bay couple for $1.1 million from the then retired diplomat Sir Robert Cotton. 
Conde Nast headhunted Leser, now 90, in 1958 to launch the Australian edition of Vogue. During his tenure with the publishing company Leser was appointed managing director of Conde Nast UK, president of Conde Nast USA and chairman and managing director of Conde Nast Asia Pacific.
This article was first published in The Saturday Daily Telegraph.
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Vogue veteran Bernard Leser sells Palm Beach retreat

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Nick Maxwell, the former Collingwood premiership captain, and his wife Erin sold their 1930s Spotswood home at $1,143,000 at weekend auction, as they seek schools for their two young children.
The pretty extended weatherboard at 12 Stephenson Street was renovated by Maxwell, with involvement from his brother and father, who are builders.
The property cost $280,000 in 2004.
Set on 512 square metres, the three bedroom <a href="https://www.realestateview.com.au/Real-Estate/12-stephenson-street-spotswood/Property-Details-buy-residential-9199328" target="_blank">12 Stephenson Street, Spotswood</a>, came marketed with $900,000 plus hopes through Sweeney Estate Agents agent Wayne Sweeney and a $990,000 reserve.
After his 2014 retirement from league footy, Maxwell joined NRL team Melbourne Storm as a leadership development coach. 
Erin Maxwell is best known for her Melbourne style Love Shop Share blogging.
CoreLogic RP Data put <a href="/news">the suburb's house median at around $668,000</a>. 
APM reported Melbourne's overall weekend result was the third consecutive Saturday increase in the clearance rate.
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Nick Maxwell sells weatherboard in Spotswood

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Perth was the most difficult market to sell in July with an average time on market of 112 days, as well as the average discount at 7.2%. 
APM's July Monthly Days on Market report saw the average time to sell in Sydney was 42 days, with Melbourne at 79.
<a href="/images/2015/08/07/APM_complete.jpg" target="_blank">Click to enlarge</a>
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jonathanchancellor-7SQnKwU6yx

Perth holds longest days on market for July: APM

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A pair of car parks in the Toorak Village shopping strip have been listed at an asking price of $78,000 each.
The average Melbourne car space costs $50,000 and delivers an average rental yield of 8%, according to findacarpark.com.au.
Agent Peter Kudelka has the 28-30 Jackson Street offering.
Toorak Place features one, two and three bedroom freehold independent living apartments.
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