<a href="https://www.apartments.com.au/new-apartments/corner-house-stones-corner-18-stoneham-street-stones-corner-qld-4120">Corner House</a> in <a href="https://www.apartments.com.au/developments/stones-corner-qld-4120">Stones Corner</a> has entered its final release phase, bringing renewed focus to a specific segment of the development: two-bedroom, two-bathroom residences with a multi-purpose room (MPR).&nbsp;

Positioned for buyers seeking the functionality of a larger home without committing to a full three-bedroom layout, these apartments reflect a design approach centred on adaptability, internal flow, and long-term liveability.

Developed by <a href="https://www.apartments.com.au/developers/demartini-fletcher-property">DeMartini Fletcher</a> and designed by <a href="https://www.apartments.com.au/architects/ellivo-architects">Ellivo Architects</a>, Corner House is a boutique project of 88 apartments across 11 levels, currently under construction with completion expected in early 2028. The development includes a mix of one, two, and three-bedroom residences, with pricing starting from $880,000.&nbsp;

[smartcode_project:default project_id=149098 project_image_fid=330607]

Located on the corner of Montague and Stoneham Streets, the building integrates a retained red-brick base with upper levels that step back into curved balconies, maintaining a scale consistent with the surrounding neighbourhood while introducing a contemporary edge. &nbsp;

The final release centres on two-bedroom residences with a multi-purpose room configuration, where the additional room is designed to function as a genuine extension of the living environment rather than a secondary, undersized space.&nbsp;

Depending on the resident’s needs, the MPR can operate as a home office, guest room, media space or hobby area, offering a level of flexibility that aligns with both working-from-home patterns and downsizer requirements.&nbsp;

[smartcode_project:default project_id=149098 project_image_fid=330589]

The layout strategy also extends to the bathrooms, where buyers can opt for either two private ensuites or an ensuite paired with a separate guest bathroom.

“What we were hearing from buyers was that they really valued the flexibility of the multipurpose room, but many were also looking for the privacy of two full ensuites,” says Brett Jackson, Sales Director at <a href="https://www.apartments.com.au/project-marketer/slaite-projects">Slaite Project Marketing</a>.&nbsp;

“The Type 2E layout allowed us to introduce that option while still retaining the ability to configure the space with a separate guest bathroom if that better suited their lifestyle.”&nbsp;

This emphasis on adaptability sits within a broader design framework that prioritises usable space and internal consistency. Apartments are planned with open living zones that extend directly onto wraparound balconies via flush floor transitions, improving both circulation and the perception of space. Kitchens are positioned as central, functional hubs, fitted with integrated Kleenmaid appliances, including double refrigeration, and supported by substantial storage concealed within cabinetry. &nbsp;

[smartcode_project:default project_id=149098 project_image_fid=330594]

Across the building, orientation and ventilation have been carefully considered. Living areas and bedrooms are positioned to capture natural light and cross-breezes, while planter boxes between balconies act as green buffers to manage privacy without enclosing the outlook. The result is a series of apartments that balance openness with separation, particularly important in layouts where the MPR introduces an additional zone of activity.

Ellivo Architects emphasised the importance of planning for how residents move through and use their homes on a daily basis. “What sets Corner House apart is definitely our generous floor plates and areas,” says architect Lisa Schiffermuller.&nbsp;

“We’re really proud of the fact that we like to consider the end user in every detail of our design… what are they greeted with, what do they see when they walk in their front door?”&nbsp;

Beyond the apartments, the rooftop has been designed as a continuation of the living environment rather than a standalone amenity. It includes a pool, spa, sauna, ice bath, gym, yoga lawn, and communal herb garden, arranged across multiple zones to support both social and quieter uses. These shared spaces align with the project’s focus on owner-occupiers, particularly those transitioning from larger homes who still value access to outdoor space and lifestyle facilities.

The project’s location reinforces this positioning. Stones Corner has evolved into a tightly held inner-south Brisbane pocket, with a Walk Score of 95 placing it firmly in “walker’s paradise” territory.&nbsp;

[smartcode_project:default project_id=149098 project_image_fid=330603]

Everyday amenities, including cafés, grocers, and specialty retailers, are concentrated within a short walk, while Hanlon Park, just 500 metres away, provides a substantial green corridor with walking and cycling paths.&nbsp;

Rail and bus connections offer sub-15-minute access to the CBD, making the area particularly appealing to professionals working in nearby hospitals, universities, and the city.

For DeMartini Fletcher, this combination of walkability and design-led apartments is intentional. “We generally focus on areas with a high livability aspect… that whole downsizer, empty nester walkability aspect to our locations is what we’re focusing on,” says Development Director John Lunney. “The design and quality that we put in place is predominantly for the owner occupier.”&nbsp;

Construction at Corner House is now underway, with the project on track for completion in early 2028 and more than 75 per cent of residences already sold.

[smartcode_project_cta:default project_id=149098]

Joel Robinson

Final release at Corner House, Stones Corner highlights flexible two-bedroom layouts designed for evolving lifestyles

Burgeoning developer <a href="https://www.apartments.com.au/developers/time-place">Time &amp; Place</a> is continuing to expand its presence in South Melbourne.

Recently launching to market Park Modern, 246 apartments near the Shrine of Remeberance on Dorcas Street, Time &amp; Place has sought to add a further 300 apartments just two streets away.

The new Park Street building will have 22 storeys above an activated ground-plane with over 100 sqm of retail space and 100 sqm of co-working space.

<img alt="First Look: Time &amp; Place unveils plans for 22-storey mixed-use tower on transforming Park Street, South Melbourne" data-entity-type="file" data-entity-uuid="333f6f9b-61cf-4426-8ea7-3dd7d8881848" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Park%20Melbourne%201.png?VersionId=UV77lIAG9.pGMhWZqJr2av9pKiYwR7Ku" />

The built form adopts a podium-and-tower typology in response to Design and Development Overlay Schedule 26, which guides development across the precinct. A discretionary podium height of 18 metres transitions to a slender tower form, consistent with the area’s shift toward higher-density outcomes. According to the Urban Context Report prepared by Urbis, the site "represents a substantial opportunity to deliver housing in an highly accessible strategic location that is intended for renewal, as sought by policy.”

Design considerations have focused on minimising bulk while maintaining amenity outcomes, including tower setbacks to support daylight access, cross ventilation, and views. The proposal also responds to overshadowing controls, which seek to protect sunlight access to Park Street during key daytime hours. The surrounding precinct is already seeing a transition from low-rise buildings to taller podium-and-tower developments, with newer projects reaching the 60-metre preferred height limit.

<img alt="First Look: Time &amp; Place unveils plans for 22-storey mixed-use tower on transforming Park Street, South Melbourne" data-entity-type="file" data-entity-uuid="edb6f098-33ee-49c1-a5f0-80eb62946e8b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Park%20Melbourne%20podium.png?VersionId=CPwbzPoxFy9DQ1xoQMAV50rHFKQaJ0d0" />

&nbsp;

&nbsp;

Planning policy identifies the St Kilda Road neighbourhood as a preferred location for high-density residential and mixed-use development, with the specific sub-precinct encouraging increased scale to support a more dynamic, connected urban environment.

The 2,050 sqm site, amalgamated as 60–74 Park Street, sits 70 metres from the Kings Way intersection and has over 40 metres of frontage to Park Street and 51 metres to Little Bank Street. According to the submission, the site is currently “underutilised”, comprising three one- to three-storey office buildings.

Having recently completed The Queensbridge in Southbank, with only a handful of the 353 apartments remaining, Time &amp; Place is now focusing on its future pipeline, both in Melbourne and across Australia.

The developer has approval for The Burke, a mixed-use project in Glen Iris being delivered in partnership with Woolworths. The 60 apartments, positioned above a new Woolworths supermarket, are expected to launch in the coming months. Time &amp; Place is also progressing plans for the redevelopment of Northcote Plaza; however, a sales campaign is not anticipated in the near term.

In Sydney, the developer has two projects in Manly: Two Tides, which is currently under construction, and an ultra high-end building on North Steyne, fronting the beach. It is also continuing to work through the redevelopment of The Chimes building on Macleay Street in Potts Point, as well as Marlborough House, the redevelopment of the original David Jones warehouse building in Surry Hills.

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Time & Place unveils plans 22-storey South Melbourne tower

After years of uncertainty, false starts and stalled momentum, <a href="https://www.apartments.com.au/new-apartments/one-sydney-park-205-225-euston-road-alexandria-nsw-2015">One Sydney Park</a>, one of the more unique developments in Sydney overlooking Sydney Park at the junction of Alexandria, St Peters and Newtown, is set to be revived.

The long-dormant Alexandria site, a two-hectare parcel on <a href="https://www.apartments.com.au/new-apartments/one-sydney-park-205-225-euston-road-alexandria-nsw-2015">Euston Road</a>, is being brought back to life by Besgate, the private developer founded and led by Justin Gao.

Besgate is seeking to significantly increase the project’s scale, with its recent State Significant Development Application (SSDA) proposing a doubling in density. Previously earmarked for around 350 apartments, the revised plans outline approximately 700 residences above ground-floor retail, including 40 designated affordable housing units.

While details on apartment configurations have not yet been released, the submission indicates the development could accommodate around 1,400 residents once complete.

Further details are expected to emerge as the project progresses through the SSDA process and moves to public exhibition. The development is estimated to cost around $500 million to deliver.

One Sydney Park was originally earmarked for the prominent warehouse site by Chinese developer HPG Australia. The project was taken to market in 2018; however, a combination of economic uncertainty in China at the time, followed by the COVID-19 pandemic, meant construction never commenced. HPG had reportedly sold around 50 of the first 100 apartments released.

Initial plans proposed eight low-rise buildings comprising a mix of one-, two- and three-bedroom apartments, alongside penthouses and terrace-style homes. Many of those residences were designed to capture park views and include private courtyards.

Besgate to revive One Sydney Park apartments after eight-year delay

&nbsp;Joint venture developer partners <a href="https://www.apartments.com.au/developers/billbergia">Billbergia</a> and Legacy Property have unveiled plans for <a href="https://www.apartments.com.au/new-apartments/88-waterloo-88-waterloo-road-macquarie-park-nsw-2113">88 Waterloo</a>, a $1 billion-plus mixed-use development in Sydney’s North West.

Sales will kick off in a few months for the two towers, which will rise 60 and 52 levels from 88 Waterloo Road. There will be 858 apartments, 60 of which will be dedicated to affordable housing.

Beneath the towers, designed by AJC Architects, will be a four-level podium with shared dining, work-from-home and games rooms, with communal open space on the podium rooftop.

The podium rooftop has been conceived as an ‘urban backyard’, with a range of sought-after resident facilities. These include lawns and landscaped gardens with edible native species, a lap pool and children’s splash area, BBQ area, outdoor work-from-home spaces, yoga and wellness areas, a sauna and a cold plunge pool.

<img alt="88 Waterloo" data-entity-type="file" data-entity-uuid="47685d06-3c32-4e1c-9ba6-eb3f66ebeeb2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-03-19%20at%208.56.48%E2%80%AFAM.png?VersionId=o29IFNbNVDZgcaYJgjXLOtmVgfPOy64H" />

Positioned in an amenity-rich location at 88 Waterloo Road, the project is opposite Macquarie University Metro Station, adjacent to the Macquarie Park shopping centre and also fronts Elouera Reserve. 88 Waterloo will see the outdated walk-up apartment buildings on the site transformed into a thriving mixed-use residential community, supported by stand-out residential amenity and open space.

88 Waterloo will also deliver a critical boost of new homes for over 2,000 people, directly contributing to NSW’s National Housing Accord targets.

Macquarie Park is one of eight Accelerated Precincts identified under the State’s Transport Oriented Development (TOD) planning reforms. According to Billbergia, the plan for 88 Waterloo is consistent with TOD planning principles to increase density next to rail stations.

“We’re excited to see 88 Waterloo progress through the Housing Delivery Authority planning pathway," Billbergia Development Director Saul Moran said.

"It’s a great example of site optimisation and future-focused liveability, delivering new homes beside major transport, shopping, and parklands in the heart of a well-connected community."

Subject to approvals, construction is expected to commence by 2027, with completion expected in 2030.

<img alt="88 Waterloo" data-entity-type="file" data-entity-uuid="6d99f2d5-f66f-4332-8a80-27e95e88ac8b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-03-19%20at%208.57.02%E2%80%AFAM.png?VersionId=oCfAeZrgCxWOXwJlVe_AQvPr8C.5zJEu" />

Matthew Hyder, CEO of Legacy Property, said the joint venture partnership has overcome hurdles currently facing developers.

“Our journey to amalgamate over 60 individual apartments across four buildings over the past eight years is a prime example of the challenges faced within the development industry but with the strategic partnership formed with Billbergia, we look forward to delivering on the desperate need for housing in locations where transport, jobs, education and essential services&nbsp;already exist.”

The 88 Waterloo proposal was declared by the Housing Delivery Authority (HDA) in August 2025 for state assessment. It is now set to go on public exhibition.&nbsp;

Billbergia & Legacy unveil $1 billion vision to transform Macquarie Park

Prolific developer <a href="https://www.apartments.com.au/developers/deicorp">Deicorp</a> has secured an $11.6 million sale in its recently launched Lower North Shore apartment development,&nbsp;<a href="https://www.apartments.com.au/new-apartments/falcon-alexander-crows-nest-8-alexander-street-crows-nest-nsw-2065">Falcon &amp; Alexander</a>.

A family from the Upper North Shore, with three children studying at university, amalgamated two residences to create a 333 sqm spread on the 21st level of the Crows Nest building that is currently under construction.

The apartment will now have four bedrooms, two living areas, and a dedicated study, delivering the scale and functionality typically associated with a freestanding family home.

The apartment will have a&nbsp;50-metre frontage, offering uninterrupted, never-to-be-built-out views stretching across the Sydney Harbour Bridge, Barangaroo, Sydney Harbour and through to the Heads.

[smartcode_project:default project_id=135323 project_image_fid=351935]

Deicorp Founder Fouad Deiri OAM said the amalgamated residence shows a clear shift in buyer preferences, particularly among downsizers and family owner-occupiers.

“We’re seeing strong demand from buyers who still want space, separation and flexibility, but without the maintenance and travel time that comes with a large suburban home," Deiri said.

"This residence shows how apartment living can genuinely replace a house when it’s designed with scale, outlook and liveability in mind."

Designed for entertaining and everyday family living, the residence will feature a statement kitchen with a butler’s pantry, expansive living and dining zones, and an outdoor barbecue and entertaining setting, all framed by panoramic harbour views.&nbsp;

[smartcode_project:default project_id=135323 project_image_fid=351939]

Positioned just a five-minute walk from the new <a href="https://www.apartments.com.au/developments/crows-nest-nsw-2065">Crows Nest</a> Metro station, Falcon &amp; Alexander is conceived as a vertical village, with residences arranged around a central atrium and shared gardens, alongside premium resident amenities and boutique retail and dining at ground level. The project will also include a boutique 100-room hotel.

Designed by award-winning architects <a href="https://www.apartments.com.au/architects/turner-studio">TURNER</a>, the project will deliver 188 apartments. One-, two- and three-bedroom apartments are available, starting from $1.3 million.

Construction is currently underway and is scheduled to be completed in 2028.

[smartcode_project_cta:default project_id=135323]

Deicorp secures $11.6 million sale at Falcon & Alexander, Crows Nest

Sunbury

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Sunbury's Emu Bottom, believed to be Victoria's oldest homestead, has hit the market.
The 24 hectare estate built in the 1830s has been privately held since 1968 when bought by Hedley Elliott and wife Jan for $120,000.
Emu Bottom, which comes with an 1854 woolshed, is expected to sell for in excess of $5 million to $6 million.
<div>It's being offered with seven years left on the lease through Ben Desmond at Ernst &amp; Young Real Estate Advisory Services.</div>
The property, which has also been called Holly Green, Emu Vale and Invargargyll, has had just five owners.
It currently runs as a wedding and function venue and yields around $165,000 per annum, based on a 15% share of revenue.
The story of Emu Bottom Homestead began in 1835 when the schooner Enterprise sailed up Port Phillip Bay, with George Evans on board.
After exploring the area, he chose to settle at Sunbury. 
This article first appeared in The Weekend Australian. 
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Victoria's oldest homestead, Sunbury's Emu Bottom listed

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A large format retail centre in Sunbury, Victoria has sold for $14.88 million through CBRE.
The Sunbury Showrooms was a former Bunnings store that was converted to a large format retail centre in 2014.
An offshore Chinese group snapped up the suburban Melbourne centre, with the sale price representing an initial yield of 6.52%, according to a media release.
According to CBRE Victorian Retail Investments, the sale set a new yield benchmark for large format retail centres in Victoria and follows CBRE’s $35 million sale last year of the Rocklea Homemaker centre on a yield of 7.7%.
Local Victorian developers H.Troon appointed CBRE’s Victorian Retail Investments team to market the property through an expressions of interest campaign.
The Sunbury Showrooms has a total lettable area of 5,554 sqm and has six homemaker tenants, such as The Good Guys, Godfreys, Petstock and Repco.
The selling agents were Justin Dowers, Chris Parry and Kevin Tong.
“The result we have achieved for Sunbury Showrooms has set a new benchmark yield for large format centres in both Victoria and Australia, with yields previously sitting above 7%,” Dowers said.
He added that the limited supply of investment grade retail properties on the market was leading to further yield compression for blue-chip retail assets across the board.
Dowers also noted that heightened confidence in the large format retail market and the associated lease covenants was helping to drive significant yield compression in this market segment.
“The sector is typified by long initial lease terms and fixed annual increases, which are very attractive to investors at the moment,” Dowers said.
 
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Large-format retail centre in Victoria's Sunbury fetches strong yield of 6.5%

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A Melbourne-based developer has snapped up a mixed-use Sunbury site for $1.25 million.
The sale of 1-5 Riddell Road was brokered by Fitzroys agent Dean Alexander.
The 2,640 sqm site included three titles each owned by one member of the local family that had owned the property for over 50 years.
Alexander said the corner site was sold with a mixed-use zoning and lent itself to a variety of options.
“The property received strong interest from developers looking to capitalise on the flexibility of the site and the region’s rapid population growth,” he said.
Sunbury is the birthplace of The Ashes cricket trophy and a gateway to the Sunbury Wine region, according to the www.visitvictoria.com website.
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prateek24-ezbwHMbNAk

Developer buys Victoria's Sunbury site for $1.25 million

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The Chinese company, Shanghai Ceyuan Investment Management Center, in partnership with a Melbourne-based Bill Dongbiao Zheng have secured a 206-hectare development site in Victoria's Sunbury. 
The Australian Financial Review says <a href="https://www.commercialrealestate.com.au/property/2011828576/for-sale/vic/sunbury/development-land" target="_blank">725 Sunbury Road</a> was bought for about $40 million from the Carmody family.
Set 37 kilometres from the Melbourne CBD, with Jacksons Creek frontage, its future will be determined by the Metropolitan Planning Authority which is preparing a precinct structure plan, in consultation with the City of Hume
725 Sunbury Road, which has the capacity for 1500 to 1700 lots, sold through Biggin &amp; Scott Land through an international April tender with professional services firm, Deloitte Real Estate. 
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