Apartment buildings are increasingly being designed around how people actually live day to day, not just how they want a building to look.

For buyers, that shift is showing up in practical inclusions that respond to changing habits. Work-from-home spaces, EV charging, wellness amenities, secure bike storage and parcel management are becoming part of the broader apartment conversation, reflecting a move toward buildings that reduce friction in everyday life.

Online shopping has become one of the clearest examples of that change.

Australians spent a record $82.6 billion online in 2025, with nearly one in four retail dollars now spent online. That has made parcel delivery a regular part of apartment living, rather than an occasional inconvenience.

For apartment residents, however, the delivery process can be less straightforward than it is for detached homes. Parcels may be left in lobbies, redirected to Post Offices, missed entirely, or placed under the responsibility of building managers and concierge teams.

That is why secure parcel infrastructure is increasingly being considered alongside more familiar apartment amenities.

<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/-VjjLwoViX0?si=A3k7ws9NX35Uac7_" title="YouTube video player" width="560"></iframe>

Australia Post Parcel Lockers offer one way to address the issue. When a parcel arrives, residents receive a notification through the AusPost app or SMS, then collect it using a QR code or one-time PIN. The parcel is kept secure, accessible and removed from common areas.

The broader Parcel Locker network now includes more than 1,500 locations across Australia, positioned at Post Offices, shopping centres, supermarkets, transport hubs and other accessible locations.

For new apartment projects, the relevance is clear. A building’s amenity offering is no longer only about lifestyle spaces, but also about convenience, security and functionality.

As buyer expectations evolve, secure parcel delivery is becoming part of the same design conversation as flexible working, sustainable transport and resident wellbeing.

It is one less thing for residents to worry about, and another example of apartment design adapting to the way Australians now live.

Joel Robinson

Apartment design is adapting to the way Australians shop

While school holidays and trips to Europe tend to define the winter property market, there's been no cold snap at <a href="https://www.apartments.com.au/new-apartments/the-walden-north-sydney-177-walker-street-north-sydney-nsw-2060">The Walden</a> in North Sydney.

Developer-builder&nbsp;<a href="https://www.apartments.com.au/developers/aland">ALAND</a> sold more than $35 million worth of apartments throughout June, including a $6.8 million apartment that now ranks among the highest apartment sales ever recorded in North Sydney.

SRM Residential agent Ben Stewart said buyer demand throughout June reflected a mix of improving market confidence and longer-term thinking from owner-occupiers.

"We're seeing strong demand from owner-occupiers who are taking a longer-term view," Stewart said.

"Many recognise the opportunity to secure an apartment in an iconic building and premium location while values remain attractive. They may initially lease the property, but the intention is to eventually move in themselves, rather than purchasing purely as an investment."

[smartcode_project:default project_id=134323 project_image_fid=367129]

Located at 177 Walker Street, The Walden will deliver 161 one, two, three and four-bedroom residences across a 30-storey tower designed by Rothelowman. Every apartment occupies a corner position, maximising natural light, cross ventilation and views across Sydney Harbour, the Opera House, Sydney Heads and the northern districts.

Rather than a traditional balcony, the residences feature winter gardens that seamlessly extend the open plan living areas, creating versatile spaces for relaxing or entertaining throughout the year. Floor-to-ceiling glazing draws in natural light while showcasing sweeping views from the building's elevated Walker Street position.

Every apartment features high-end Calacatta marble, bespoke joinery, and fully integrated appliances.

The larger residences have been planned with distinct entertaining and private zones, with many master suites positioned on corners to capture natural light and harbour views. Walk-in dressing rooms, freestanding baths and refined stone finishes reinforce the house-like feel that has resonated with downsizers and owner-occupiers.

[smartcode_project:default project_id=134323 project_image_fid=6393]

Rothelowman Principal Ben Pomroy said the project was designed to make the most of its unique position overlooking the harbour.

"The Walden is a celebration of all things beautiful, curated for those who expect nothing less than exceptional," Pomroy says.

"Meticulously designed entertaining spaces and light-filled living areas that capitalise on capturing the natural beauty of Sydney's iconic harbour."

Residents will also have exclusive access to The Pavilion, a dedicated amenity building featuring a rooftop pool, wellness studio, gymnasium, sauna, concierge service, residents' lounge, private dining spaces and work-from-home facilities.

[smartcode_project:default project_id=134323 project_image_fid=6402]

The project marks ALAND's first major luxury apartment development in Sydney's inner-city market after more than two decades delivering residential communities across Greater Sydney.

Founder and CEO Andrew Hrsto previously said the rarity of the Walker Street site made it an opportunity the company could not overlook.

"This is a rare opportunity to bring a truly exceptional project to life in one of Sydney's most iconic locations, and to showcase our craftsmanship and design expertise at a world-class level," Hrsto said.

[smartcode_project:default project_id=134323 project_image_fid=6383]

The Walden has been introduced to the market at a time when demand for living in North Sydney is at an all-time high. Billions of dollars have been invested in infrastructure, including the recently opened Victoria Cross Metro station, located just 300 metres from The Walden, providing residents with direct access to the Sydney CBD in just minutes.

Private investment has also transformed the area through the arrival of new retail and dining destinations, elevating the lifestyle offering in what was once considered primarily a commercial precinct rather than an aspirational residential address.

The Walden is currently under construction and is scheduled for completion in 2028.

[smartcode_project_cta:default project_id=134323]

ALAND records $35 million in sales in North Sydney as The Walden bucks quiet winter selling season

The long-awaited redevelopment of the former Eastlakes Shopping Centre site has reached a major milestone, with Conquest's plans for a new mixed-use precinct officially placed on public exhibition.

The State Significant Development Application would transform the 1.7-hectare site at <a href="https://www.apartments.com.au/new-apartments/19a-evans-avenue-eastlakes-nsw-2018">19A Evans Avenue</a> into one of Sydney's largest urban renewal projects, delivering 736 apartments above a new shopping centre anchored by Woolworths, alongside specialty retail, dining, commercial space and new public open spaces.

The public exhibition marks the next chapter for the project after <a href="https://www.apartments.com.au/developers/conquest">Conquest</a> acquired the stalled Stage Two development from Crown Group, who completed the first stage across the road prior to their voluntary liquidation.

<img alt="First look: Conquest unveils plans for 736-home Eastlakes Shopping Centre redevelopment" data-entity-type="file" data-entity-uuid="5fca22c5-d1ed-4e2c-8801-03f7df1eafc8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/eastland%20podium.png?VersionId=uomwr41nF8CmLUZRDcu3mHQechlbxucS" />

&nbsp;

Designed by DKO Architecture, the proposal comprises four residential buildings ranging from 14 to 18 storeys above a two-level retail podium. The development would deliver 736 apartments, including 74 affordable homes, 215 Build-to-Rent apartments and 521 market residences. Provision has also been made for dual-key apartments, which could increase the total number of dwellings to 877.

At ground level, the shopping centre has been designed as the suburb's new meeting place, anchored by a full-line Woolworths and complemented by a curated mix of fresh food retailers, cafés, restaurants, health services and everyday convenience shopping. Generous pedestrian links and landscaped public spaces will connect the retail precinct through to Jack Mundey Reserve, creating a more walkable and connected neighbourhood.

Conquest CEO Michael Akkawi said the redevelopment was about far more than replacing a shopping centre.

"Eastlakes has been overlooked for too long, and this is the community’s moment. We are building a shopping centre and homes, a genuine heart for the suburb, and we genuinely want locals to help shape it."

"We enrich communities through the creation of homes, places, and experiences designed for life, built to last, and owner for generations. That starts with listening, so we warmly encourage everyone with a connection to Eastlakes to view the plans and share their thoughts."

<img alt="First look: Conquest unveils plans for 736-home Eastlakes Shopping Centre redevelopment" data-entity-type="file" data-entity-uuid="22f6fb20-54fb-4bd7-8a92-48fafdd00608" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/eastland.png?VersionId=cugp7s9hrMHGJJdYzkeAkrFoQgnF4GXf" />

DKO said the design had been shaped by the site's landscape setting and surrounding open space.

"Our vision for the site embraces its unique Bidjigal identity by blending the residential living with generous landscaping and a material palette inspired by the Bidjigal locality, and celebrating the panoramic views to Botany Bay and the wetlands reserves."

"Taking cues from Country, we seek to harmonise built form with the landscape and lightly touch the earth. By reconnecting, retaining and regenerating existing ecology, and weaving in natural elements, we can deepen our connection to Country."

The landscape strategy extends across the podium and rooftops, incorporating communal gardens, children's play areas, lawns, community gardens, family gathering spaces and extensive tree planting. New landscaped links will also strengthen the connection between the precinct and Jack Mundey Reserve, while publicly accessible open spaces have been integrated throughout the development.

The proposal builds on Conquest's broader placemaking strategy for the site. Through an ongoing partnership, local artist Joe Rashbrook has been appointed Urban Art Curator, working alongside young residents to transform the project's site hoardings into a public art gallery that allows the community to engage with the redevelopment before construction is complete.

Conquest has rapidly expanded its development pipeline since acquiring the Eastlakes site, with more than $6 billion worth of mixed-use projects now in planning across Sydney, including Stanmore, Castlecrag and Waterloo.

Conquest CEO Michael Akkawi said the redevelopment was about far more than replacing a shopping centre.

First look: ‘Far more than replacing a shopping centre’ as Conquest unveils 736-home Eastlakes redevelopment

Abadeen has lodged a State Significant Development Application (SSDA) for one of Mosman's largest apartment developments in recent years, seeking approval to transform the former Honeysuckle Garden and Midas site on Military Road into a 100-apartment mixed-use development.

The SSDA, lodged with investment partner Phoenix Property Investors, proposes around $230 million worth of new housing on the prominent <a href="https://www.apartments.com.au/new-apartments/494-516-military-road-mosman-nsw-2088">494-516 Military Road</a> site.

The proposal comes as Mosman Council continues to progress its recently endorsed Masterplan, which identifies the precinct for increased housing density while maintaining the suburb's established character.

Designed by DKO Architecture, the development would comprise 100 apartments above ground-floor retail, with a rooftop wellness precinct including a gym, sauna, entertaining areas and landscaped communal spaces.

Rather than pushing to the full 12-storey height identified in Council's Masterplan, the proposal ranges between five and nine storeys, stepping down towards Hale Road. A tenth level would accommodate resident amenities rather than additional apartments.

The project has been designed to appeal to a broad range of buyers, from first home buyers and young professionals through to families and local downsizers looking to remain on the Lower North Shore.

<img alt="Mosman" data-entity-type="file" data-entity-uuid="5dada03f-5b4c-43ba-ba62-2868add31440" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-27%20at%209.57.55%E2%80%AFAM.png?VersionId=7LBy0B.Jo8_iWAFJsClcV7Q3UnXrv49r" />

Abadeen Executive Chairman Justin Brown said the apartments had been designed as genuine long-term homes rather than investor-focused stock.

"The apartments have been designed as genuine long-term homes, with efficient floorplans that maximise usable living areas, generous storage, natural light and strong connections between indoor and outdoor spaces," Brown says."

"We've focused on creating homes for a broad range of buyers, from first home buyers and growing families through to downsizers who want to remain in Mosman."

The rooftop wellness offering forms a key part of the proposal, with residents set to have access to a gym, sauna, outdoor entertaining spaces, communal dining areas, landscaped gardens and a multi-use recreation court overlooking Sydney Harbour.

<img alt="Mosman" data-entity-type="file" data-entity-uuid="d37c2d6b-583a-4a0f-b7a9-9f46b893d2f4" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-27%20at%209.58.06%E2%80%AFAM.png?VersionId=FPoa5FCm2RtzjhAh2w5FTWJbV6GHfY8D" />

DKO drew heavily on the site's natural and cultural history, undertaking a Connecting with Country process with local Aboriginal Elders to inform the architectural and landscape design.

Senior Associate Matthew Ritchard said the design sought to create a building that responded to both the site's landscape and its cultural significance.

"The architectural language of the project is a deep expression of Connecting with Country, where the materiality and colour palette serve as a bridge between the site's geological history and its future as a residential sanctuary."

The proposal also retains the site's established blue gum tree as the centrepiece of the communal landscaped gardens, while introducing activated retail fronting Military Road to strengthen the connection between Mosman and Cremorne villages.

If approved, the project would deliver 100 new homes within walking distance of shops, public transport, schools and local amenities, adding to the limited pipeline of new apartments on the Lower North Shore.

<h2>Project Snapshot</h2>

Project: Honeysuckle Garden Redevelopment

Address: 494-516 Military Road, Mosman

Developer: Abadeen and Phoenix Property Investors

Architect: DKO Architecture

Lead Architect: Matthew Ritchard

Value: $230 million

Residences: 100 apartments

Key features:

<ul>
	<li>
	Ground-floor retail
	</li>
	<li>
	Rooftop wellness precinct
	</li>
	<li>
	Gym and sauna
	</li>
	<li>
	Outdoor entertaining and BBQ areas
	</li>
	<li>
	Landscaped communal gardens
	</li>
	<li>
	Multi-use recreation court
	</li>
	<li>
	Retained mature blue gum tree
	</li>
	<li>
	Connecting with Country design process
	</li>
	<li>
	Harbour, CBD and Balmoral views from upper-level apartments
	</li>
</ul>

Abadeen Executive Chairman Justin Brown said the apartments had been designed as genuine long-term homes rather than investor-focused stock

First look: Abadeen plans 100 apartments on former Honeysuckle Garden site in Mosman

The wave of apartment proposals sweeping through Mosman shows no signs of slowing, with another major residential development lodged through the NSW Government's State Significant Development pathway.

Developer First Quadrant Properties, which recently completed Willoughby Grounds and has several projects in planning across the North Shore, has unveiled plans for <a href="https://www.apartments.com.au/new-apartments/cove-on-ourimbah-40-56-ourimbah-road-mosman-nsw-2088">Cove on Ourimbah</a>, a 63-apartment development on Ourimbah Road, adding to the growing pipeline of projects reshaping one of Sydney's most tightly held harbour suburbs.

The proposal would consolidate nine properties at 40-56 Ourimbah Road into a part eight, part nine-storey apartment building, continuing the momentum created by the NSW Government's accelerated planning pathways that have seen several significant developments emerge across Mosman over the past 12 months.

Designed by Doroch Architects, the project would deliver 63 apartments, resident wellness facilities including a gym, pool and sauna, landscaped communal spaces and basement parking, while using recessed upper levels, generous setbacks and extensive planting to reduce the perceived scale of the building.

<img alt="First look: First Quadrant Properties eyes nine-storey Mosman apartment project under State Significant pathway" data-entity-type="file" data-entity-uuid="32ee68e4-141e-4a10-8f83-48e961a5e71e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Ourimbah%20Road%2C%20Mosman%20a.png?VersionId=CUeILFc6APlwXPc.iplElbxHvREKwjig" />

Doroch Architects said the building had been designed to reinforce Mosman's established character.

"The building's aesthetic is grounded in the existing residential character of Ourimbah Road and the broader Mosman context," the architect noted in the planning documents submitted to the NSW Government.

The design adopts a contemporary material palette of natural stone, textured concrete and brown concave metal cladding, complemented by integrated planters and deep balconies. The podium incorporates softened curved concrete forms, while increased setbacks have been provided adjacent to the heritage-listed property at 60 Ourimbah Road to create a more sympathetic transition.

The site sits around 330 metres from Mosman Town Centre, placing it within the NSW Government's Low and Mid-Rise Housing policy area, where increased residential density is being encouraged close to shops, transport and services.

The proposal follows a string of major apartment projects lodged or declared State Significant in Mosman in recent months, including Abadeen's 100-apartment Honeysuckle Garden redevelopment on Military Road and several other developments across Awaba Street, Redan Street and Muston Street from the likes of Time &amp; Place, HELM and Prosker Property.

&nbsp;

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/time-place-to-take-on-mosman-apartment-market">Time &amp; Place to take on Mosman apartment market</a>

Read more:&nbsp;<a href="https://www.apartments.com.au/news/qld/first-look-abadeen-plans-100-apartments-on-former-honeysuckle-garden-site-in-mosman">First look: Abadeen plans 100 apartments on former Honeysuckle Garden site in Mosman</a>

&nbsp;

First look: Another major apartment proposal signals Mosman's development boom

Sorrento

Boutique property developers, Megara has been given the green-light on their $73 million Sorrento Plaza development by the state's planning commission.&nbsp;

The eight-storey residential building, Ora Sorrento will deliver a collection of luxury beachfront apartments, designed by the award-winning MJA Studio, in what is pitched to reshape and reform the 5,777 sqm site at 128-134 West Coast Drive.

Taking inspiration from the Sorrento coastline, Ora will take on a cascading architectural form, with organic shapes, natural materials and enviable ocean views.&nbsp;

[smartcode_project:default project_id=137533 project_image_fid=209055]

The Western Australia Department of Planning, Lands and Heritage consulted with the City of Joondalup to streamline the process, which will deliver 75 apartments across eight-storeys.&nbsp;&nbsp;

According to a statement from Megara, the existing planning framework was reviewed with the local community, which highlighted the need for it to be updated to better reflect local aspirations for the landmark site.

For those who treasure the coastal life, Ora is home, say Megara, with the project set to deliver a mix of one, two and three-bedroom apartments, along with exclusive four-bedroom penthouses.

Luxurious Swiss V-Zug appliances will be fitted out into each of the homes, as well as a number of sustainable initiatives, while the highly-sought after location will also bring along with it uninterrupted ocean views, which residents can enjoy from their balcony.&nbsp;&nbsp;

Boasting an array of luxurious spaces and amenities, resident's will enjoy resort-style living with a heated ocean view pool, gym, residents’ dining room, cocktail lounge and wine cellar incorporated throughout the site.&nbsp;

[smartcode_project:default project_id=137533 project_image_fid=209055]

“Ora represents a rare opportunity to enjoy an enviable coastal lifestyle so many aspire to,” Megara say.

The plans also propose two food and beverage tenancies, a public plaza, a bottleshop, 80 public car parking spaces and four motorbike spaces on the ground floor, along with the lobby for the residential apartments.

Situated between Geneff Park and Sorrento Beach, Ora residents will be within walking distance to an array of convenient amenity and recreational pursuits, including Hillary's Boat Harbour, which features a collection of restaurants, cafes and shopping opportunities, along with boating facilities.&nbsp;

Megara are only taking registrations of interest currently, with the project set to launch to the market in the new year.&nbsp;

[smartcode_project_cta:default project_id=137533]

alisonwarters@gmail.com

Megara’s Sorrento Plaza redevelopment green lit 

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The Sorrento home which was the architecturally designed winner of 2017 HIA Victorian Housing Award for custom built regional homes has been listed for sale at $3.15 million.

Set in a lush coastal garden at 15 Rose Street, the home’s features include an eight metre long drystacked limestone wall which acts as a focal point of the living room which was undertaken by a local artisan stonemason

Its Kay &amp; Burton listing agent Liz Jensen notes from the Carrara marble bench tops to the parquetry oak floors, to the cabinetry and imported light fittings, that “high-quality materials are used to the greatest effect.”

The home comes with custom built sauna and wellbeing retreat/sitting room.

There are double glazed windows, hydronic heating, wood burning open fireplace, and reverse cycle air-conditioning.

The 680 sqm block cost $1.55 million in 2014.
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The Sorrento home was the winner of 2017 HIA Victorian Housing Award for custom built regional homes.

jchancellor

Sorrento HIA award-winner listed for sale

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A new architect designed residence in Sorrento, Victoria has hit the market with $4.5 million hopes.
The five bedroom, four bathroom house is situated on a 950 sqm block at <a href="https://www.realestate.com.au/property-house-vic-sorrento-133217642" target="_blank">190 Ocean Beach Road</a>.
It comes with kitchen with marble bench tops, living area opening to entertaining deck, rumpus room dining area and lounge area.
Other features include bar, heated pool and spa, high ceilings Bluestone tiles and double garage. 
The home is located close to the Sorrento Main Street, the Bay and Ocean Beaches. 
James Hallahan and Marty Fox of WHITEFOX Real Estate Stonnington have the listing. 
 
 
 
 
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j.ballantyne1990-6AQqhLzZaK

Sorrento Main Street trophy home hits the market

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A six bedroom riverfront mansion in Sorrento, Queensland has been sold for $3.5 million. 
The contemporary Main River home with water and mountain views is situated at <a href="https://www.realestate.com.au/sold/property-house-qld-sorrento-128305058" target="_blank">19 Donegal Crescent</a>. 
The home was featured on Channel 9's Million Dollar House Hunters.
It comprises 6 bedrooms, 5 bathrooms, open plan living and dining, 2 terraces off each level and 4 car garage. 
<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/2020/2/17/sorrento%202.jpg" alt="">
Other features include heated pool, sleek designer kitchen, wine cellar, floating pontoon and landscaped gardens. 
Located in Sorrento's Riviera precinct, the home is within walking distance to restaurants, cafes, shops, beach and elite schools.
<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/2020/2/17/sorrento%203.jpg" alt="">
Maria Genc of Genc &amp; Co sold the property. 
It last sold for $1.68 million in 2016. 
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Sorrento, Queensland riverfront sold after Channel 9 Million Dollar House Hunters feature

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A vast vacant land holding, in Victoria's costal suburb of Sorrento, has sold for $4.5 million.
Situated at 19 Westmore Avenue, the property comprises 7534 square metres.
It was bought for the construction of a private family beach residence, despite expectations that the property would sell to a developer wanting to build flats or divide the block up.
The price guide of $4.5 to $4.75 million was provided with the listing.
It previously traded in 2017 when it was sold for $4 million, however, before that the block had not changed hands since 1891.
The median house price in <a href="/developments/sorrento-vic-3943">Sorrento</a> is $1.45 million.
Rob Curtain and Hamish Opray, from Peninsula Sotheby's International Realty Sorrento, listed the property.
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wdavis-8cCN98p7xp

$4.5 million Sorrento land parcel sells as family home site

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Hotelier Julian Gerner will retain ownership of Sorrento's Continental Hotel in a deal struck this week.
It comes after the demise of the proposed project partner, property developer Steller and the failure of recent purchaser LBA Capital to settle.
“I have negotiated an agreement to deliver on the vision to restore, renovate, protect and preserve the 1875 ‘Marvellous Melbourne’ hotel for the Sorrento community, all Victorians, interstate and overseas tourists for generations to come,” Gerner said.
He is targeting a recommencement of construction post Australia Day, 2020.
There is a new ownership entity, The Ocean Amphitheatre Company, named in honour of George Coppin who built the Continental and developed the township of Sorrento.
Hotelier Julian Gerner purchased the property from the Di Pietro family following a sales campaign in 2015.
Gerner then obtained planning and heritage approval for an extensive redevelopment of the 144-year-old heritage-listed hotel, the largest limestone structure in the Southern Hemisphere.
But the project was then shut down given issues regarding the project's partnership.
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Julian Gerner to develop Sorrento's Continental Hotel

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Sorrento’s stalled Continental Hotel redevelopment project has been listed for sale, with expectations of attracting keen interest.
Colliers International agents Guy Wells and Trent Hobart have been appointed to sell the iconic Continental Hotel at <a href="https://www.commercialrealestate.com.au/property/continental-hotel-1-21-ocean-beach-road-23-constitution-hill-road-sorrento-vic-3943-2015405350" target="_blank">1-21 Ocean Beach Road</a> and an adjoining site at 23 Constitution Hill Road in Sorrento.
Hotelier Julian Gerner purchased the property from the Di Pietro family following a sales campaign in 2015.
Gerner has obtained planning and heritage approval for an extensive redevelopment of the 144-year-old heritage-listed hotel, the largest limestone structure in the Southern Hemisphere.
But this project has been shut down given issues regarding the project's partners.
"It is an outstanding investment and development opportunity to bring new life to Sorrento’s iconic Continental Hotel," said Wells.
“The Continental Hotel redevelopment is a major undertaking, in a seasonal location and requires a respectful and detailed restoration,” Gerner noted.
“This has created some complexity around commerciality and funding.
"Due to increasingly difficult market conditions, I have resolved to take the project back to market.”
Heritage restoration and basement works have commenced, while the planning approvals provides for mixed use development capitalising on the site to provide a hotel, public bar, restaurants, multiple function rooms, café and two penthouse apartments along with parking for 114 cars.
The hotel has been closed for over two years.
 
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Sorrento's stalled Conti Hotel listed for sale

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Billionaire Lindsay Fox has bought another commercial holding in Sorrento on Victoria's Mornington Peninsula.
The Fox family have paid $3 million for a 1,660 sqm fringe land holding at 856 Melbourne Road (above).
Currently on the land are two 1920s built homes.
It it's likely given its location one street back from the main shopping strip on Ocean Beach Road, that it will be developed into commercial premises.
One of the homes was known as Mayfair. They were sold as a tenanted investment, according to the Commercial Real Estate website.
The site sits along the road from where Fox owns a 4000 square metre site on the corner of Melbourne Road and Ossett Street, the busy roundabout at the far end of the retail strip.
Running from 839-843 Melbourne Road and on Ossett Street, Fox acquired it for $4.1 million in December 2015, settling October 2016.
CBRE secured the recent sale which was bought by a family run company Fox Shelf No 1 Pty Ltd.
The Fox family have their weekender compound at Portsea, a 16,000 sqm compound on the cliffs.
The most recent retail sale within the Sorrento township was $4.07 million for 54-56 Ocean Beach Road, the Sportsgirl premises - $1 million above reserve.
Investment company, developer and retirement living specialist Knowles Group bought the premises, paying more than $22,000 a square metre — a record for the popular coastal shopping strip. It is headed by Melbourne socialite Coral Knowles, the wife of John Knowles.
The Country Road concept store fetched $7.125 million in 2018 when the former Post and Telegraph office and postmaster’s quarters was sold. 
The 10-16 Ocean Beach Rd property on 750sq m had been expected to sell for over $6 million.
The vendor, former Rothschild Australia chairman Peter Griffin, paid $2.53 million in 2013 for the property.
It is currently leased until 2022 with two further five-year options available.
It sold to Anna Maria and Giuseppe Pollio.
In 2016, the Mitre 10 hardware store at 80-98 Ocean Beach sold for $11.47 million to Melbourne property developer Colin DeLutis on a yield of 0.4 percent.
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Billionaire Lindsay Fox buys another commercial holding in Sorrento

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Thalatta, a 1400sqm clifftop block with a 1950s shack in Sorrento, has sold for just below its $10 million asking price.
The weatherboard house had been a holiday home for the Langford family for more than seven decades.
It was offered by Liz Jensen and Gerald Delany from Kay &amp; Burton Portsea.
Located at <a href="https://www.realestate.com.au/property-house-vic-sorrento-130160246" target="_blank">10 Netley Avenue</a>, the original family home comprises of three bedrooms, bunk room, open plan living with fireplace and verandah with sea and coastal views. 
<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/2019/2/26/sorrento%202.jpg" alt="">
It has been tightly held since the early 1950s.
It's within an easy walk to Point King Beach, the Sorrento township and many attractions including Sorrento Golf Club. 
The expressions of interest campaign closed on February 12 and the property sold February 14, The Herald Sun reported.
“There were six parties interested and four put in bids in a silent auction,” said Jensen.
<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/2019/2/26/sorrento%203.jpg" alt=""> 
The family is descended from Clements Langford, a noted master builder and philanthropist.
He who was involved in the construction of the spires of St Paul’s Cathedral in the city.
Clements Langford was born on 25 March 1853 at Portsea, Hampshire, England.
The family arrived in Tasmania in 1864 and moved to Melbourne in 1868.
After working with auctioneers Beauchamp &amp; Rock, Clements was apprenticed to the builder in 1869.
From 1887 he had a holiday house at Sorrento.
Langford undertook an eclectic range of contracts including the Bryant &amp; May factory, Hoyts' Theatre in Bourke Street, the Myer Emporium and the Herald Building.
He died on 6 February 1930 at Sorrento with his wife and five sons and three daughters of his first marriage survived him, inheriting an estate sworn for probate at £181,632.
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Mid century clifftop Sorrento shack sold for $10 million

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Just 200 metres from Sorrento beach, a one story four bedroom beach house has been sold.
Located at <a href="https://www.realestate.com.au/sold/property-house-vic-sorrento-129637390" target="_blank">32 Newton Avenue, Sorrento</a> the four bedroom three bathroom home fetched $2.7 million.
Set on a 794 sqm block the property is neatly contained within a white picket fence.
<img src="https://www.urban.com.au/images/2018/11/30/Sorrento%201.JPG" alt="">
The home also comes with its own self contained studio which can act as a guest house.
Recently remodelled the property is open plan and "invites indoor and out door living in any season"
Featuring hydronic heating, a double garage, gas heated in-ground pool with water feature, oak floors and fireplaces the home also comes equipped with a Sonos sound system..
<img src="https://www.urban.com.au/images/2018/11/30/Sorrento%203.JPG" alt="">
The home contains three bathrooms.
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