One of the most significant beachfront projects ever proposed for the small suburb of Miami on the Gold Coast, has taken a major step forward.&nbsp;Monaco Property Group has secured approval for <a href="https://www.apartments.com.au/new-apartments/nalu-miami-122-marine-parade-qld-4220">NALU</a>, a $500 million development comprising just 45 ultra-luxury residences on the iconic former Nobby’s Outlook site.

Acquired by <a href="https://www.apartments.com.au/developers/monaco-property-group">Monaco Property Group</a> in 2024 for $70 million, the rare 7,238 sqm Marine Parade parcel boasts more than 80 metres of uninterrupted ocean frontage.

With approvals now secured, Monaco Property Group will move NALU into its delivery phase. The project has been designed by&nbsp;<a href="https://www.apartments.com.au/architects/bda-architecture">BDA Architecture</a>, who collaborated with&nbsp;<a href="https://www.apartments.com.au/landscape-architect/ldg-landscape-architecture">LDG Landscape Architecture</a> and <a href="https://www.apartments.com.au/interior-designers/tom-mark-henry">Tom Mark Henry Interiors</a>&nbsp;to create the low-rise building, its landscaping, and interiors.

<img alt="NALU" data-entity-type="file" data-entity-uuid="3fdf578e-7cc4-4b17-bbc2-ba853522a5d8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/122_Marine_Parade_002.jpg?VersionId=zFhJWVzX0jmCO.5iIIxNELImHesTjWS4" />

Residences will range from 237 sqm layouts to beachfront homes exceeding 1,400 sqm.

At the heart of the project is a 2,200 sqm lifestyle precinct with a bathhouse, fitness centre and resort-style pool, elevated by a concierge service.

Jonathan Grasso, Co-Founder of Monaco Property Group, said the council approval marks an exciting milestone for NALU, which will launch in Q1 2026.

“The project will now progress toward construction, working alongside our world-class collaborators to bring NALU to life," Grasso said.

“Our vision is to create a legacy project for the Gold Coast, one that not only honours the history of the site but also elevates its future, setting a new standard for coastal living in Australia. NALU embodies the pinnacle of design and location and will stand as an enduring icon of prestige and liveability.”

<img alt="NALU" data-entity-type="file" data-entity-uuid="6ae8545b-87ca-4dea-90ed-ac273ec6515d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Image7.jpg?VersionId=Wnmie4bu3x2WQonnG4Pwmh39NdZVKeOV" />

Originally developed in the 1970s as Nobby’s Outlook and later refurbished in 2019 as Nalu, the property has long held a place in the local community’s coastal identity. The new vision will build on this legacy, creating luxury residences that capture ocean views while fostering a lifestyle defined by wellness, connection, and ease.&nbsp;

Beyond its residential offering, NALU will deliver significant economic benefits to the Gold Coast through job creation and opportunities for local suppliers and contractors. Construction is anticipated to commence in early 2026, with completion expected in Q3 2028.

Joel Robinson

Monaco Property Group approved for $500 million NALU apartments on Miami beach

The most elevated residential tower in Palm Beach, <a href="https://www.apartments.com.au/new-apartments/corallo-palm-beach-5-palm-beach-avenue-palm-beach-qld-4221">Corallo</a>, has officially launched this week, however only a handful of buyers will have an opportunity to buy in to the 17-storey project.

The $200 million mixed-use project includes ground floor dining and retail and is considered so valuable its developer, <a href="https://www.apartments.com.au/developers/changfa-group">Changfa Group</a>, will be staging its release of one-, two- and three-bedroom apartments and penthouses to the market.

[smartcode_project:default project_id=112194 project_image_fid=806]

<a href="https://www.apartments.com.au/project-marketer/colliers">Colliers</a> International, Director, David Higgins, said the development’s location just metres from the beach on the corner of Palm Beach Avenue and the Gold Coast Highway influenced the sculptural design by the acclaimed Plus Architecture studio.

“<a href="https://www.apartments.com.au/developments/palm-beach-qld-4221">Palm Beach</a> locals understand the rare opportunity here at Corallo, particularly being the tallest building in the suburb and its proximity to the beach and local restaurants, and they’ve represented the bulk of pre-launch enquiries,” Higgins said.

“The orientation of the apartments captures views of the coastline from Surfers Paradise to Currumbin, and the diversity of floor plans and apartment types provide an exceptional level of choice.

“The first release includes just 59 one-, two and three-bedroom apartments and two half-floor penthouses, with flexible use designed to appeal to both owner-occupiers and investors."

&nbsp;

[smartcode_project:default project_id=112194 project_image_fid=799]

In addition to the ground floor amenity, residents will also have access to a private dedicated wellness level offering 734 sqm of resort-style amenities including a pool, cold plunge, wet deck, steam room, sauna, gym, day bed, fire pit, barbecue area, dining area and yoga/stretch deck.

The project is located within walking distance of Tallebudgera Creek, Burleigh Heads village, Currumbin Alley and Palm Beach Currumbin High School. The Gold Coast Airport is under 10 minutes away.

[smartcode_project:default project_id=112194 project_image_fid=814]

Higgins said Palm Beach remained a hotly contested suburb for home buyers, with prices doubling in the past five years.

“What makes Corallo so appealing to the local market is the diversity of apartment types and pricing, with one-bedroom apartments starting from $841,000 and two-bedroom apartments starting from $1.34 million,” he said.

“The ground floor retail and dining offering will further expand on Palm Beach’s village atmosphere and create a meeting place for locals, and those opportunities for connection are highly valued.”

&nbsp;

[smartcode_project:default project_id=112194 project_image_fid=807]

The on-site sales display, which includes a fully fitted kitchen, bathroom and bedroom, will be open until early works commence in Q1 2026. Each residence at Corallo will feature premium finishes including natural stone, artisanal brickwork, and warm copper accents.

Changfa Group has a two-decade history of delivering premium developments in Australia and internationally, having recently completed its collection of premium townhomes at Lyra, Hope Island, as well as apartment projects in Leichhardt, Carlingford, and Chatswood in New South Wales.

[smartcode_project_cta:default project_id=112194]

$200 million Corallo Palm Beach launches with limited apartment release

In a move that aligns with NSW's accelerated planning incentives for affordable housing, developer&nbsp;<a href="https://www.apartments.com.au/developers/the-one-collection">One Collection</a> has revised its Hills District apartment plans, and taken it to the NSW Government, to secure approval.

The developer, which is currently delivering Horizon Hurstville, is seeking to add 80 more apartments to its <a href="https://www.apartments.com.au/new-apartments/the-one-castle-hill-16-dawes-avenue-nsw-2154">Castle Hill development</a> near Castle Towers. They already have approval for 280 apartments across eight six-storey buildings.

<img alt="One Collection" data-entity-type="file" data-entity-uuid="b3c298ba-1cc5-4db7-9872-607c75f8ceca" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-10-13%20at%2010.19.22%E2%80%AFAM.png?VersionId=wN9KpFIu5ENSGZLLsaZgXQHrXcwEO3Vd" />

Now on the desks of the NSW Department of Planning is 360 apartments, 48 of which will be dedicated to affordable housing.&nbsp;Affordable housing is to be “fully integrated within the building and visually indistinguishable,” according to the planning submission.

The 15,697 sqm block, an amalgamation of 16 sites, spans across Dawes Avenue, Hughes Avenue, and Camdan Crescent, sits 550m from Hills Showground Metro Station.&nbsp;

"The existing context is quickly changing from free-standing homes into residential flat buildings in line with the Hills Showground Precinct planning framework," Place Studio noted.

<img alt="Castle Hill" data-entity-type="file" data-entity-uuid="3ec24948-c185-48fa-af8b-ed25adf302bf" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-10-13%20at%2010.19.04%E2%80%AFAM.png?VersionId=zNDX.IeRROX1RlDeYcS38xn8w_dqgU2t" />

They said the design was informed by the site's unique condition of having three street frontages and was developed to to respond sensitively to iots surrounding context.

"The design adopted a conventional perpendicular alignment to the primary street frontage. The massing of the development was carefully modulated to align with the evolving character of the neighbourhood. The design ensured that the scale was not excessive or out of context, but instead contributed to a cohesive urban form consistent with emerging developments in the area."

<img alt="Castle Hill" data-entity-type="file" data-entity-uuid="f83ffdaa-f960-469d-b6fe-abcece57c9ef" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-10-13%20at%2010.19.09%E2%80%AFAM.png?VersionId=4oKlCyfaKes7jLi1_EMoqa46w2h_YvDZ" />

The apartment mix will be 46 one-beds, 168 two-bed apartments, and 146 three-bedroom units, with 631 parking spaces proposed.

Along the street frontages, the building heights are four storeys with a 7.5 metre setback, and eight storeys with an 11.5 metre setback. It should cost about $150 million to build.

One Collection works hand-in-hand with the respected development and construction firm Masscon, which has built a reputation for leveraging its expertise in the built environment to take on developments others can't. That's what they're achieving at Horizon Hurstville, having taken over the project to deliver it.

First look: One Collection advances plans for Castle Hill apartments

At Yarra’s Edge, <a href="https://www.apartments.com.au/developers/mirvac">Mirvac</a>’s newest tower under construction, <a href="https://www.apartments.com.au/new-apartments/trielle-at-yarra-s-edge-docklands-16-point-park-crescent-docklands-vic-3008">Trielle</a>, sets a new benchmark for elevated living. Rising 45 storeys, 12.5 metres from the Yarra River, the landmark building offers residents access to a private wellness retreat and spa, a resident-only golf simulator, and an elegant lounge, dining and bar complete with a self-playing piano, all without ever having to leave home.

Now, that sense of elevation has reached new heights with the Aerus Sub-Penthouses, a limited release of half-floor riverfront residences on the Collins St axis where the sought-after street meets the Yarra River.

Each Aerus Sub-Penthouse, located across levels 42 and 43, represents the most expansive offering within Trielle, aside from the yet-to-be-revealed crowning penthouses. Spanning between 269 and 301 sqm, these residences are designed to capture natural light and uninterrupted views of the city skyline, Yarra River, and Port Phillip Bay.

[smartcode_project:default project_id=114216 project_image_fid=3784]

Among the collection are three-bedroom sub penthouses, complemented by a media room, and expansive four-bedroom layouts. All include panoramic living areas and oversized master suites with luxury ensuites reminiscent of a five-star hotel, complemented by dedicated dressing rooms finished in timber and natural stone.

The interiors have been crafted by <a href="https://www.apartments.com.au/architects/mirvac-design">Mirvac Design</a>, the developer’s award-winning in-house architecture and design team. Every material has been chosen for quality and longevity, from sculpted stone island benches with feature soft wash LED lighting to bespoke joinery and chevron timber oak flooring.

Kitchens are fitted with a BORA induction cooktop with integrated downdraft extractor, alongside Gaggenau appliances, including a fridge, freezer, and wine fridge. The adjoining butler’s pantry incorporates the exclusive Gaggenau Minimalistic Series including oven, steam oven, microwave, coffee machine and warming drawer, all concealed behind handleless glass panels for a clean, integrated presentation. Bathrooms feature custom Apaisar freestanding baths and basins and natural stone benchtops, continuing Mirvac’s design emphasis on tactile, timeless materials.&nbsp;

<img alt="Trielle at Yarra's Edge, Docklands" data-entity-type="file" data-entity-uuid="c00be724-b0f1-47c0-afed-54f829870704" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Aerus%20sub-penthouse.png?VersionId=Uktd61kpLSqNjwJeDFs7IaZ3xgLlDQmu" />

Michael Wiener, Design Director at Mirvac, says The Aerus Sub-Penthouse embodies the apex of Mirvac’s design ethos.

“Moving through your home is like walking on air - a private sanctuary where the craftsmanship is refined, the proportions generous, and the flow so effortless, you feel completely at ease in the sky,” Wiener says.

“In Aerus, we wanted to create a sense of weightlessness - a home that feels suspended in the skyline, full of light, grounded in luxury.”

[smartcode_project:default project_id=114216 project_image_fid=3777]

The Aerus Sub-Penthouses are expected to attract a mix of local and international buyers seeking a long-term residence of scale and quality in a riverfront setting, from returning expats to established families and business owners who value privacy, craftsmanship, and convenience within walking distance of the CBD.

With an unmatched suite of amenities, Trielle is the most extensively appointed development Mirvac has created to date at Yarra’s Edge. Within the tower will be The Oasis, a 900 sqm podium rooftop wellness retreat designed in collaboration with spa expert Naomi Gregory. Located seven storeys above the Yarra River promenade, it features a 25-metre lap pool, spa and sauna, hot magnesium spa, biophilic gym, yoga and Pilates studio, cold-pail contrast treatment, and day spa treatment rooms. Further amenities include a piano lounge, bookable dining room, cinema room, golf simulator studio, games room, teppanyaki bar, dog wash bay, and two flexible work hubs, The Biblioteca library and Mills Place office space, catering to residents’ evolving lifestyle needs.

Construction of the $350 million tower is underway through Mirvac’s in-house construction arm, with completion anticipated for mid-2027.

[smartcode_project_cta:default project_id=114216]

Sky-high sanctuaries: Mirvac unveils The Aerus sub-penthouses at Trielle

<a href="https://www.apartments.com.au/developers/jwland-development">JWLand</a>’s De Burgh, the final residential release within the Northbourne Village precinct in Lyneham, is nearing completion just as the Federal Government’s Home Guarantee Scheme prepares for its most significant expansion to date.&nbsp;

From October 2025, the scheme will allow first home buyers to enter the market with just a five per cent deposit and no lenders mortgage insurance (LMI), removing some of the most common barriers to ownership.

With <a href="https://www.apartments.com.au/new-apartments/de-burgh-at-northbourne-village-40-de-burgh-street-lyneham-act-2602">De Burgh</a> on track for residents to move in by late spring 2025, the timing creates a strong opportunity for first home buyers seeking brand-new apartments in Canberra’s sought-after Inner North.&nbsp;

[smartcode_project:default project_id=139989 project_image_fid=212888]

The project delivers 350 residences across two buildings, with layouts ranging from compact studios through to one, two, and three-bedroom apartments.

JWLand has tailored the development for long-term liveability, integrating natural light, privacy and outdoor space into each home. Ground-floor residences feature private courtyards, while upper levels benefit from generous balconies.

Kitchens are fitted with Fisher &amp; Paykel appliances, and all apartments include ducted reverse-cycle air conditioning with smartphone app control for lighting and climate.&nbsp;

Shared resident facilities include a rooftop garden, gym, lounge and parcel lockers, alongside landscaped green space within the precinct.

[smartcode_project:default project_id=139989 project_image_fid=267376]

For buyers, the expanded Home Guarantee Scheme removes income caps and introduces unlimited places, making it more accessible than ever. With most De Burgh apartments priced under $1 million, they fall well within the updated eligibility thresholds.

The policy changes provide first home buyers with greater certainty and a smoother path to finance. Combined with the quality and location of De Burgh, the expanded scheme is expected to draw a new wave of buyers to Canberra’s Inner North.

Residents will benefit from the project’s central setting, just 600 metres from the light rail and three kilometres from Canberra’s CBD. The precinct is bordered by the <a href="https://www.apartments.com.au/developments/lyneham-act-2602">Lyneham</a> wetlands and sits within easy reach of cafes, restaurants, schools and the ANU.

With completion scheduled for late 2025, De Burgh is set to be among the first major apartment projects to meet the expanded scheme head-on, offering first-time buyers a realistic pathway to ownership in one of Canberra’s most connected neighbourhoods.

[smartcode_project_cta:default project_id=139989]

JWLand’s De Burgh aligns with expanded Homebuyer Scheme, opening doors for first home buyers in Canberra’s Inner North

South Melbourne apartments

It was the 1850s gold rush that brought a significant influx of people to Melbourne and South Melbourne.

This period of economic prosperity led to the construction of many historic buildings in the area, some of which still stand today.

In 1855, South Melbourne was granted municipal independence, which allowed the local government to manage its own affairs. This contributed to developing essential infrastructure, including roads, schools, and public services.

South Melbourne became an important industrial hub during the late 19th and early 20th centuries, with factories, warehouses, and port facilities along its waterfront. This industrialisation brought jobs and economic growth to the area.

It wasn't until the mid-20th century that there was a shift towards residential development, after the deindustrialisation and urban decay of many inner-city areas.,

Former industrial spaces were converted into apartment developments and more modern housing complexes were built which attracted new residents to the area. Commercial and retail growth has continued to see the population of South Melbourne increase, with the emergence of shopping districts, restaurants, and cultural venues. The recent ABS Census data showed 11,500 people call South Melbourne home.

It's been famous for apartment development in recent years, with Gravity Tower, Shadow Play and The Fawkner bringing a much-needed amount of supply to the sought-after suburb.

The recent trends are for projects more boutique in nature, with the shift toward larger, owner-occupier style apartments.

We've looked at the top apartment developments currently for sale in South Melbourne.

<h2>Project: Quattro</h2>

<h3>Apartments: Eight whole-floor apartments</h3>

<h3>Priced from: $1.15 million</h3>

Prospective property buyers in South Melbourne seldom find whole-floor apartments, but 8SM's Quattro presents an opportunity to acquire four full-floor residences spanning 190 sqm in this sought-after locale.

Each apartment has three bedrooms, two bathrooms, an open living, dining, and kitchen layout, ample storage solutions, a private second living area, and a designated parking space.

[smartcode_project:default project_id=140853 project_image_fid=227216]

Located on Boundary Street, just five kilometres from the CBD, Quattro presents an opportunity to embrace inner-city living, while just being a six-minute drive away from the Port Melbourne Yacht Club and the dog-friendly Port Melbourne Beach.

For shopping and dining enthusiasts,&nbsp;Bay Street is only three minutes away,&nbsp;while the&nbsp;famous South Melbourne Market and Albert Park Village are only a ten-minute walk from Quattro.

[smartcode_project:default project_id=140853 project_image_fid=218014]

This bustling hub provides residents with diverse local amenities, from&nbsp;cafes, restaurants, and bars to upscale fashion boutiques, gourmet markets and unique homeware stores.&nbsp;

Quattro also enjoys proximity to various transportation options. The 109 Tram, which operates from North Port Stop 127, is accessible within seven minutes, while bus route 234 is just minutes away at the intersection of Boundary and Crockford Street.

<h2>Project: The Eighth</h2>

<h3>Apartments: 36 two and three-bedroom apartments</h3>

<h3>Priced from: $1,595,000</h3>

In an era where the boundaries between life, work, and leisure are increasingly blurred, the importance of a modern and adaptable lifestyle has become evident. The Eighth by Crema caters to those who have embraced this lifestyle shift.

The concept behind Crema's The Eighth is to extend residents' experiences beyond their private residences and into the communal spaces within the building.

[smartcode_project:default project_id=5345 project_image_fid=227026]

Designed by both Peter Kennon and Elenberg Fraser, The Eighth's facade boasts a solid grid of polished concrete, framing expansive floor-to-ceiling windows softened by cascading greenery on the five-level podium.

The Eighth offers 36 two and three-bedroom apartments, ranging from 128 sqm to 550 sqm, including quarter, half, and whole floors. There's a maximum four apartments per floor.

&nbsp;

[smartcode_project:default project_id=5345 project_image_fid=227030]

Each apartment features an open-plan living area, a modern kitchen, stone baths, and private lift access to a dedicated lobby. They sit above a range of commercial office suites, one of which will be occupied by Projects by Crema.

Residents of The Eighth can enjoy breakfast at the Palms Cafe and Beppi's Wine Bar on the ground floor, relax at the European-inspired day spa and EQ Corporate Wellness Club, or unwind at the rooftop pool and bar.

The Eighth is surrounded by shopping strips and malls, with the Clarendon Street shopping strip and The Clarendon Centre only a 15-minute walk away. The famous South Melbourne Market is a 25-minute stroll from the property.

<h3>Project: Emerald Place</h3>

<h3>Apartments: 36 two and three-bedroom apartments</h3>

<h3>Priced from: $1.55 million</h3>

Emerald Place presents an exclusive collection of 36 Woods Bagot-designed apartments on the corner of Clarendon and York Street.

Developed by Lowe Living in collaboration with Icon Kajima, this $160 million mixed-use project will feature 1,500 sqm of ground-floor retail, 12 premium commercial tenancies spanning two levels, and six levels housing the 36 apartments.

[smartcode_project:default project_id=135816 project_image_fid=231195]

The residential offering includes a collection of two and three-bedroom apartments and a limited number of three and four-bedroom Skyhomes.

The Skyhomes comprise four expansive apartments on levels seven and eight, with internal spaces ranging from 268 to 391 sqm. These apartments offer bay or city views with triple-aspect panoramas and private pools on select apartments.

The generously sized apartments open to sunlit living areas that flow into private outdoor retreats. Luxury features such as natural stone benchtops, brushed silver fixtures, and smoky oak detailing are prevalent throughout these residences.

[smartcode_project:default project_id=135816 project_image_fid=231200]

The kitchens are well-appointed with a suite of Gaggenau or Liebherr appliances, including a built-in oven, induction cooktop, and fully integrated fridge/freezer and dishwasher.

ICON Developments is expected to commence construction early next year, with an estimated construction period of around 20 months, positioning the completion date in mid to late 2025.

<h2>Project: Domain House</h2>

<h3>Apartments: 174 one, two and three-bedroom apartments</h3>

<h3>Priced from: $1.55 million</h3>

Construction completed and ready for occupancy, Virgate Property Group's Domain House awaits its residents on the city's doorstep and the Botanic Gardens.

Domain House comprises a diverse selection of 174 one, two and three-bedroom apartments over 19 levels.

[smartcode_project:default project_id=753 project_image_fid=207440]

At the uppermost levels of the prestigious Domain House is the Capital Collection, with spacious well-appointed two and three-bedroom residences with a panorama view of Melbourne at its feet.

Designed and meticulously planned by Bruce Henderson Architects, the floor plans offer a high degree of flexibility, while the material and colour palette provide a choice between the two schemes.

The Designer Scheme presents a modern blend of moody tones, raw textures, and rich, saturated colours, creating a contemporary ambience. In contrast, the Neutral Scheme offers a classic, minimalist palette with soft hues and tactile finishes.

The building also includes a series of high-end, shared spaces on the 6th level for upscale entertaining and well-being.&nbsp;

The podium rooftop has a residents' lounge and fireplace, providing a cosy gathering spot.

The Yoga Room and Wellness studio offer a rejuvenating environment bathed in natural light and adorned with timber finishes. The outdoor terraces and the private dining room, enhance the entertainment options and offer stunning vistas of the surrounding parklands and city.

From Domain House, residents can easily access numerous lifestyle amenities in the Domain precinct, including Albert Park Lake, the golf course, Melbourne Sports and Aquatic Centre, and the Royal Botanic Gardens.

<h2>Project: R.Iconic</h2>

<h3>Apartments: One, two, and three-bedroom</h3>

<h3>Priced from: $525,000</h3>

The completed, ready-for-move-in, 31-level Plus Architecture-designed twin tower development by R. Corporation offers various configurations from one-bedroom to three-bedrooms and penthouses with double the amenities of any project.

Surrounded by low-rise residential and restricted height zones, R.Iconic will be the only building with protected, never-to-be-built-out views of the city skyline and Port Phillip Bay.

[smartcode_project:default project_id=5234 project_image_fid=215072]

The two buildings, one for a hotel and the other for apartments offer everything from a rooftop running track to a whiskey lounge.

Residents will have access to wellness amenities such as a state-of-the-art gym, an infinity pool, fitness stations, a tranquil zen garden, and a floatation spa.

There's also a multitude of entertainment options, including outdoor dining pods, a cinema, a karaoke room, a wine vault, a Mahjong room, a virtual golf range, and an adventure playground for children.

[smartcode_project:default project_id=5234 project_image_fid=215075]

Pets are also welcome and have their dedicated dog grooming amenities.

The adjoining hotel also boasts a wealth of amenities that are open and easily accessible to the residents. Some of the hotel amenities and services include a clubhouse, bicycle café, Mercedes loan van, e-bikes and scooters, electric car charging stations, secure bike storage, business space and digital media rooms.

R.Iconic is within walking distance of South Melbourne Market, Port Melbourne Beach, Albert Park Lake, Melbourne’s CBD and the Arts Precinct.

The recent trends are for projects more boutique in nature, with the shift toward larger, owner-occupier style apartments

Urban Editorial

Why people want to live in South Melbourne: The top five South Melbourne apartment developments selling in January 2024

Office and apartment buyers at The Eighth, the Domain Precinct mixed-use development by Projects by&nbsp;Crema, are set to take possession of their properties in December.

The 18-level Elenberg Fraser and Kennon-designed building next to the new Anzac Station comprises eight half-floor strata offices, hospitality tenancies and 36 owner-occupier apartments ranging from 128 sqm to 750 sqm.

Projects by&nbsp;Crema&nbsp;Managing Director Nicolas&nbsp;Crema&nbsp;says everything about The Eighth, from the design of the building typologies, to the integration of uses, to the operations and future management - has been highly considered to create a building for the ‘future state’.&nbsp;&nbsp;

"The Eighth is a benchmark project for us, and sets in motion the type of development we want to do going forward”&nbsp;Crema&nbsp;says.

[smartcode_project:default project_id=5345 project_image_fid=235983]

The Eighth has been a long journey for&nbsp;Crema, having initially launched the project in 2019 before COVID hit in 2020.

I always say a good developer is a transparent developer, in good times or bad, and&nbsp;Crema&nbsp;certainly falls into the bracket of a good developer. He was honest in his assessment of what occurred when COVID hit, frequently updating his buyers as to the next steps with the project.

"In the early stages of the pandemic, we really had no read on the economic outlook. As such we were reluctant to start construction not knowing what impact COVID would have on the project,"&nbsp;Crema&nbsp;recalls. “The pause in time enabled us to take stock, refine some of the design (including designing out an subterranean automatic car stacking system for a conventional ramped basement), and communicate a revised program to our collective group of purchasers”.

"After resetting a new construction start date 8 months behind our original development program, we went back to purchasers and gave them the option to back out of their contracts and take their deposits if they wished,"&nbsp;Crema&nbsp;says.&nbsp;

That level of transparency, and ultimately human interaction which often developers don't have directly with their purchasers, helped&nbsp;Crema&nbsp;retain almost every single buyer. They were happy to wait, because they believed in both the quality of the product that was being built, and&nbsp;Crema's ability to deliver it.

Now the project, near the St Kilda Road precinct on the eastern side of South Melbourne, is all but complete, barring the fitout of the penthouse which will be finished toward the end of Q1 2024.

[smartcode_project:default project_id=5345 project_image_fid=235985]

Crema&nbsp;says The Eighth has offered something for everyone. Speaking on the buyer demographic,&nbsp;Crema&nbsp;says the mix of buyer profiles has been really interesting.

"While the demographic has been all owner-occupiers, we've had everyone from mid-30 young professionals who want to be central to Melbourne, to a couple in their 90s who are arguably the most active buyers we've had.

"The buyers have come from all over. While it was popular with those already in the Domain Precinct, we’ve had buyers from Albert Park, even as far Mt Eliza."

Some buyers will occupy the apartments on a part-time basis, with expat who work in Germany and the US splitting their time between other countries and Melbourne.

It was the same diverse mix of business in the offices below the apartments. Six of the eight half-floor offices have been snapped up by SME business owners and family offices.&nbsp;

As another sign of a commitment to the building, Projects by&nbsp;Crema&nbsp;will be establishing its new office within the building, with the fitout to start in January.

[smartcode_project:default project_id=5345 project_image_fid=227090]

In a further exiting development, Equilibrium, a new holistic corporate wellbeing business, has taken the lease on the whole of the podium level. Across approximately 600 square metres, Equilibrium combines a digital educational platform with a physical facility within The Eighth to encourage habitual change for employees. Opening in Q1 2024, residents of The Eighth will be offered access to Equilibrium through Projects by&nbsp;Crema’s membership.

The ground floor will house an Italian-style eatery which aims to serve both residents of The Eighth as well as the immediate local community. That's also due to open toward the end of Q1 next year.

Crowning The Eighth is the building’s stunning rooftop pool, bar and dining amenity - exclusively for residents and office tenants of the building. With 360 degree views to the CBD, the bay, the Shrine of Remembrance and Albert Park, future occupants of The Eighth will no doubt enjoy socialsiing on Melbourne’s newest rooftop.

There are just a handful of apartments left in The Eighth, which has a maximum of four apartments per floor.

[smartcode_project_cta:default project_id=5345]

The 18-level Elenberg Fraser and Kennon-designed building next to the new Anzac Station comprises eight half-floor strata offices, hospitality tenancies and 36 owner-occupier apartments

Projects by Crema approach completion of South Melbourne apartment development, The Eighth

Design-led developer Lowe Living has announced the sales launch of their latest development, <a href="/new-apartments/emerald-place-by-lowe-living">Emerald Place</a> in <a href="/developments/south-melbourne-vic-3205">South Melbourne</a>.

Alongside joint venture and development partner ICON Developments, a wholly owned subsidiary of Japanese property giant Kajima Corporation, the $160 million mixed-use project located at <a href="/new-apartments/emerald-place-by-lowe-living">182-200 Clarendon Street in South Melbourne</a> will deliver 1,500 sqm of ground-floor retail, 12 premium commercial tenancies over two levels and six levels of 36 apartments.

Following a <a href="/news/vic/lowe-living-secure-quick-approval-for-160-million-south-melbourne-development">fast-tracked planning permit within four months</a>, the two groups continue to remain focused on delivering a market-leading design, leading build quality and a high-quality end product.

[smartcode_project:default project_id=135816 project_image_fid=231196]

Promising to deliver a significant addition to the area's vibrant urban landscape, the project’s design partners include architect, Woods Bagot and landscape architect Acre.

The design vision for <a href="/new-apartments/emerald-place-by-lowe-living">Emerald Place</a> embraces the rich architectural history of the <a href="/developments/south-melbourne-vic-3205">surrounding late 19th and early 20th-century buildings</a>. Woods Bagot's innovative approach incorporates polychromatic brickwork and scale, that harmoniously blends with the site context. Acre has complemented the architecture to deliver a lush, verdant botanic setting in vertical landscapes, ensuring a seamless connection with nature.

Ana Sá, Associate Principal at Woods Bagot highlights, says&nbsp;<a href="/new-apartments/emerald-place-by-lowe-living">Emerald Place</a> represents a prominent corner statement and a contemporary interpretation of Victorian charm that sits sympathetically within its South Melbourne context.

“Drawing inspiration from the ubiquitous corner pubs, the design principles of detailed brickwork and a strong vertical grid have informed the project's narrative. The polychromatic brickwork references the local 19th-century palette in a uniquely contemporary expression for a timeless architecture that is truly of its place.”

[smartcode_project:default project_id=135816 project_image_fid=231203]

The residential offering includes a collection of two and three-bedroom apartments, as well as a limited number of three and four-bedroom Skyhomes, coming to market soon. Lowe Living has received a high-level of interest in the project off-market and is currently working with waitlisted clients.

The two-bedroom apartments on offer have internal areas between 111 sqm to 132 sqm are priced from $1.55 million, while the three-bedroom apartments, spanning between 135 sqm to 268 sqm, start from $1.99 million.

The Skyhomes will comprise of four expansive apartments positioned at the top of the building on levels seven and eight, with internal areas ranging from 268 to 391 sqm. These apartments also offer bay or city views with triple-aspect outlooks, with pools to select apartments.

High-quality finishes and appliances feature throughout the apartments, with natural stones, porcelain tiles, engineered timber flooring, wool carpets, premium fixtures, as well as Gaggenau and Liebherr appliances.

[smartcode_project:default project_id=135816 project_image_fid=231200]

<a href="/developers/lowe-living">Lowe Living</a> is targeting a minimum 7-Star NatHERs rating in operation. The commercial offering comprises 12 premium strata office tenancies which are also available for sale. Two have already been snapped up. The adjacent three-level car park is currently on the title to service the car parking needs of the office and retail tenancies.

Drawing on their expertise in the boutique luxury development space, Lowe Living aimed to draw on this to deliver a premium offering whilst retaining a distinct customer focus on luxury owner-occupier.

<a href="/developers/lowe-living">Lowe Living</a> Founder and Managing Director Tim Lowe says the team are&nbsp;very excited to bring this unique project to market.

"No detail has been spared in <a href="/new-apartments/emerald-place-by-lowe-living">Emerald Place</a>, and it truly embodies our commitment to excellence and innovation," Lowe said.

[smartcode_project:default project_id=135816 project_image_fid=231201]

"We were astutely focused on the luxury owner occupier, therefore we wanted to ensure the design responded to both the expectations of this buyer, as well as the desired lifestyle with local amenity on your doorstep.

"We worked closely with Woods Bagot to ensure the floorplans offered a variety of considered layouts to suit the unique needs of our buyers with expansive and thoughtfully landscaped private outdoor spaces by Acre. Arriving home to <a href="/new-apartments/emerald-place-by-lowe-living">Emerald Place</a> is an opportunity for our buyers to escape the urban atmosphere of South Melbourne and step inside a verdant, tranquil and luxurious haven.”

ICON Developments is expected to start construction early next year, with a build time of around 20 months meaning completion will fall around mid to late 2025.

[smartcode_project_cta:default project_id=135816]

Design-led developer Lowe Living has announced the sales launch of their latest development, Emerald Place in South Melbourne

Lowe Living launch Emerald Place, South Melbourne apartments

Nestled on the doorstep of the Botanic Gardens and just a stone's throw away from the city centre, Virgate Property Group's Domain House's Capital Collection delivers a ready-to-move-in option to South Melbourne, with the residences boasting views of Southbank, the CBD, Port Phillip Bay, and Albert Park Lake.

One of the standout features of the Capital Collection is its proximity to the future Anzac Train Station, which will be just 260 metres away from the Bank Street project.&nbsp;

Domain House also provides easy access to St Kilda Rd and Kings Way, where residents can explore the city's vibrant cultural and entertainment offerings.

[smartcode_project:default project_id=753 project_image_fid=73027]

The convenient access to public transportation ensures that residents can effortlessly connect with the rest of Melbourne, making commuting a breeze.

And being just minutes away from Melbourne's most prestigious and elite private schools bodes well with families with children who appreciate the convenience and accessibility of the world-class educational institutions.

Upon entering Domain House, residents are greeted by a Japanese-inspired garden and a stylish lobby.

There's also a residents' lounge, complete with a fireplace, along with a private dining room, yoga and wellness room and sky terrace, which offers a backdrop of city views.

Sustainability is also at the forefront of the development, with the Capital Collection boasting a 6.5 Star Energy Rating.&nbsp;

[smartcode_project:default project_id=753 project_image_fid=71884]

A mix of one, two and three-bedroom apartments are still remaining in the development, with prices for a one-bedroom home starting from&nbsp;$515,000.&nbsp;

The two-bedders are priced from&nbsp;$680,000, while a two-bedroom apartment with a car space is priced from&nbsp;$725,000.&nbsp;

The three-bedroom, two-bathroom, two car space apartments start from $1,285,000.

[smartcode_project_cta:default project_id=753]

Domain House also provides easy access to St Kilda Rd and Kings Way, where residents can explore the city's vibrant cultural and entertainment offerings.

alisonwarters@gmail.com

Domain House delivers ready-to-move-in option to South Melbourne

Situated in the prestigious South Melbourne postcode, The BelleVue apartments are set to redefine smart home living.

The boutique multi-level townhouses boast seamless integration of KASTA smart home automation technology, providing a new level of convenience, energy efficiency and security.

[smartcode_project:default project_id=8030 project_image_fid=163692]

<h3>Smart Home Automation at Your Fingertips</h3>

With KASTA's Bluetooth technology, residents can effortlessly connect and control their home lighting and appliances wirelessly, without the need for an internet connection.

The intuitive wall switch provided in each apartment enables improved energy efficiency and everyday security, making it easier than ever to manage your home environment.

<h3>Enhanced Security and Convenience</h3>

The BelleVue apartments go beyond traditional security measures by offering residents the ability to control and monitor their doors from anywhere using their smartphones.

The KASTA system allows for keyless access control, enabling residents to lock and unlock their doors remotely, while also&nbsp;keeping track of everyone who enters and exits the premises.

The door lock can also be integrated with the smart home system, initiating welcome home scenes or turning off all connected devices when locking up.

[smartcode_project:default project_id=8030 project_image_fid=163688]

<h3>Remote Control and Monitoring</h3>

Through the KASTA Wi-Fi Gateway, residents can remotely control and monitor their homes from anywhere in the world. This feature provides the convenience of checking the status of various home systems and adapting them to suit their preferences, even when they are away.

Residents can easily connect their smart homes to popular voice control assistants such as Amazon Alexa or Google Home, offering a hands-free experience in managing their home environment.

<h3>Energy Efficiency and Comfort</h3>

The integration of motorised blinds or curtains in the BelleVue apartments allows residents to enjoy significant energy savings while enhancing safety and comfort.

The automated window coverings can be controlled remotely, allowing residents to adjust lighting and privacy levels with ease.

Additionally, the KASTA system enables the automatic switching off of unused appliances, ensuring energy conservation. Residents can also reactivate these appliances remotely or even before arriving home.

[smartcode_project:default project_id=8030 project_image_fid=163694]

<h3>Customised Scenes for Every Occasion</h3>

Residents at The BelleVue apartments can create personalised scenes to suit different situations. Whether it's the relaxing ambiance of the "Relax" scene, the invigorating start to the day with the "Good Morning" scene, or the perfect atmosphere for dining with the "Dining" scene, each scene automatically adjusts various features throughout the apartment.

For instance, the "Good Night" scene turns off bedroom, kitchen, living, dining, and stair lights, while the "TV" scene dims the living room lights to 20 per cent and switches off lights in other areas.

[smartcode_project_cta:default project_id=8030]

Luxury living meets cutting-edge technology at The BelleVue townhouses in South Melbourne

South Melbourne is about to witness the birth of a groundbreaking mixed-use community that promises to redefine the concept of sustainable living.

The Canopy at 272 Normanby Road, the visionary project developed by the renowned Gamuda Land and supported by a team of local experts, is on the brink of commencing construction, marking the beginning of an exciting chapter in the group's development history.&nbsp;

Strategically located in close proximity to South Melbourne Market, Crown Casino, and the CBD, The Canopy offers the perfect balance between urban vibrancy and tranquility.

[smartcode_project:default project_id=136970 project_image_fid=208481]

At the heart of The Canopy lies a commitment to authentic, meaningful sustainability, evident in its design and incorporation of biophillic principles.

Residents will be greeted by an urban forest, a captivating green spine, and an inviting rooftop garden, providing a serene sanctuary amidst the bustling cityscape.&nbsp;

The 20-storey landmark will be home to over 200 apartments upon completion in 2025, with a mix of one, two and three-bedroom residences.

Along with the apartments, The Canopy will also include a 3,000 sqm park, boasting Melbourne's first urban Miyawaki forest, with the embrace of nature and incorporation of Indigenous Australian references paying homage to the site's surroundings and local environment.&nbsp;&nbsp;

[smartcode_project:default project_id=136970 project_image_fid=208483]

With a 5 Star Green Star sustainability target and an impressive 7.5 Average NatHERS rating, this community aims to minimise its environmental impact and provide residents with a truly eco-friendly living experience.&nbsp;

A range of amenities will be on offer at The Canopy, including an onsite e-mobility hub, complete with EV charging stations, reflecting the community's forward-thinking approach to sustainable transport.&nbsp;

Residents are also set to benefit from smart access and home automation in their apartments, as well as a rooftop Onsen-inspired spa, alfresco dining, and barbecue facilities.

[smartcode_project_cta:default project_id=136970]

At the heart of The Canopy lies a commitment to authentic, meaningful sustainability, evident in its design and incorporation of biophillic principles

Construction due to commence at The Canopy, South Melbourne

Design-led developer Lowe Living has partnered with established property developer and financer ICON Kajima to deliver its $160 million mixed-use project in South Melbourne which has received a fast-tracked planning permit after just four months.

The announcement comes after Lowe Living first acquired the site at 200 Clarendon Street and achieved the fast-tracked planning permit, which motivated Lowe Living to bring on a trusted joint venture partner in the form of ICON Kajima to accelerate the project’s construction timeframe.

The swift approval was a result of Lowe Living’s intrinsic focus on market-leading design, architectural expression – led by architect Woods Bagot – and functional built-form which gave the City of Port Phillip confidence in greenlighting the notice of decision (NoD).

The appointment of Woods Bagot as architect also gave council confidence in granting the approval – the practice worked in lockstep with Lowe Living to control design outcomes and create a carefully considered architectural product.

The project will consist of a 2,000 sqm two-level commercial office building with an adjacent 500 sqm car park alongside 1,000 sqm of ground-floor retail, and 36 apartments which range from 110 sqm – 390 sqm across two, three and four-bedroom offerings. The building will be targeting a minimum 7-Star NatHERs rating in operation.

The official sales launch for the $160m project is scheduled to commence in Q3 2023, with construction commencement in Q4. The build is expected to take 18 months.

<img alt="Lowe South Melbourne" data-entity-type="file" data-entity-uuid="a48ec8cb-7cef-4450-9457-83df559bc03f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Lowe%20Toorak.jpg?VersionId=I2YJahPz12WipOrzdURpk5gmlboV5v1A" />

Poised to be a leading precinct on the corner of Clarendon Street and York Street, on the edge of the Melbourne CBD, the two groups are focused on delivering functionality, enduring design and trust, alongside luxurious finishes, high-quality end product and leading build quality. As Lowe Living continues to expand its portfolio of larger-scale mixed-use developments across residential, commercial and retail, adding to its already established stable of high-end boutique projects in Melbourne’s bayside suburbs, the South Melbourne joint venture partnership represents the next evolution in the Lowe Living portfolio, said founder and managing director Tim Lowe.

“We feel very confident in South Melbourne’s owner-occupier market, and believe strongly that Lowe Living’s focus on luxury boutique projects across design and quality product will translate to a larger mixed-use precinct," Lowe said.

“The fundamental reason for the joint venture partnership is ICON Kajima’s experience in delivering exceptional projects of comparable size and scale.

“Our aim is to continue to acquire and bring to market 1 – 2 of these larger scale projects per annum; this partnership with ICON Kajima allows us to fast-track this objective for this South Melbourne project while maintaining our current pipeline activity across our boutique division.

<img alt="Lowe South Melbourne" data-entity-type="file" data-entity-uuid="25328225-28a8-4b1a-8ea1-60fab45ff5b2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-04-27%20at%203.33.09%20pm.png?VersionId=JDhDYuZpl7pfk32AjOUY5eWem5uRLhmA" />

“We worked closely with both Woods Bagot and the City of Port Phillip to achieve the permit in under 4 months. The approval means we are now ready to hit the ground running on this major site."

Lowe said the team are actively pursuing further acquisitions across Melbourne.

ICON Kajima Chief Executive Officer Matthew Bourke said they are looking forward to working on delivering&nbsp;a market-leading project to one of Melbourne’s most sought-after commercial areas.

“Icon Kajima is pleased to partner with Lowe Living for what is set to be one of the most exciting built-form precincts in South Melbourne – as has been recognised by the City of Port Phillip.

"The strength of our multi-faceted business model positions us well to deliver quality and scalable mixed-use projects with a structured finance solution. With our proven track record and Kajima Corporations' balance sheet capacity, this will allow the joint venture to realise innovative outcomes and play a significant role in shaping the built environment of Clarendon and York Streets, South Melbourne.”

ICON Kajima has a $1 billion project portfolio of residential, commercial and mixed-use sites across Australia and NZ.

The official sales launch for the $160m project is scheduled to commence in Q3 2023, with construction commencement in Q4



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