Abadeen has released the whole-floor penthouse crowning its recently completed <a href="https://www.apartments.com.au/buildings/park-residences-cremorne-2-sutherland-street-cremorne-nsw-2090">Park Residences</a> development in Cremorne, bringing the near-300 sqm residence to market for the first time.

Occupying the entire top floor of the boutique Lower North Shore development, the penthouse includes 221 sqm of internal living and a 74 sqm wraparound terrace, with a prized north-facing aspect taking in views across Middle Harbour.

The residence has been completed and fully furnished following a collaboration between Abadeen Executive Chairman Justin Brown and internationally recognised interior designer Jack Freeman, Founder and Managing Director of FREEMAN &amp; CO.

<a href="https://www.apartments.com.au/developers/abadeen">Abadeen</a> and Freeman approached the penthouse as a finished home, sourcing furniture, artwork, lighting and objects from Australia and overseas.

[smartcode_project:default project_id=114246 project_image_fid=378718]

Pieces from Parisian design house Pierre Augustin Rose sit alongside contemporary artworks and bespoke lighting, with Freeman drawing on recent visits to PAD Paris and Salone del Mobile Milano for the final collection.

Brown said the aim was to create a penthouse that felt more like a large-scale private home than a traditional apartment.

"The experience begins the moment the lift doors open. You're welcomed into an elegant dining room before the home opens into an extraordinary living space framed by sun-drenched harbour views.

"Every time someone walks through the front door they pause. It's not just the view, it's the incredible sense of space, the warmth created by the northern sunlight that fills the interiors, and the way every room connects so effortlessly.

"It has all the proportions of a luxury home, while delivering the effortless lifestyle and personalised experience of living in a world-class six-star hotel, combined with the simplicity and convenience of apartment living."

[smartcode_project:default project_id=114246 project_image_fid=378713]

A secure lift provides exclusive access to the penthouse level, opening to a dedicated arrival foyer and dining area before the residence expands into its main living and entertaining spaces.

Floor-to-ceiling glazing runs across the northern side of the home, connecting the interiors with the terrace and Middle Harbour outlook.

The penthouse also features a fireplace and substantial chef's kitchen, while the wraparound terrace has been designed to accommodate both everyday outdoor living and larger-scale entertaining.

[smartcode_project:default project_id=114246 project_image_fid=378720]

Freeman said the interiors had been deliberately kept restrained to complement the scale, natural light and outlook already established by the architecture.

"The penthouse is a serene study in quiet luxury," Freeman said.

"The interior pairs soft, sculptural forms with warm timber, pale stone and a restrained neutral palette. Curated artwork and metallic accents add depth, while abundant natural light creates a calm, effortlessly refined atmosphere. In my world, less is always more."

Freeman said the approach was centred around collecting individual pieces rather than simply decorating the apartment.

"Every material, every object and every piece of furniture has been curated with intention. I am a true believer in collecting versus decorating.

"The architecture already provided extraordinary natural light, remarkable volume and an uninterrupted connection to Middle Harbour. Our role was to complement those qualities with unique one-of-a-kind pieces of fine art and collectible design sourced from recent travels around the world."

[smartcode_project:default project_id=114246 project_image_fid=378694]

Among the collection are solid bronze sculptures by Lorenzo Quinn, alongside a curated crystalware collection and pieces sourced from international design fairs.

Park Residences sits opposite Cammeray Golf Club, Cammeray Croquet Club and Grand Slam Tennis Cammeray, around 300 metres from Neutral Bay Village and its established collection of restaurants, cafés and retail.

Brown said the combination of a whole-floor floorplan, northern aspect and proximity to Neutral Bay was becoming increasingly difficult to find on the Lower North Shore.

"Completed whole-floor penthouses with a sun-drenched north-facing aspect and sweeping Middle Harbour views are exceptionally rare," Brown said.

"Add a quiet position opposite golf, croquet and tennis facilities, a level walk to Neutral Bay Village and only minutes to the CBD, and you have a lifestyle that's incredibly difficult to replicate.

"This is a home that offers the privacy and generosity of a luxury residence together with the convenience of one of Sydney's best-connected harbourside locations."

The penthouse will be exclusively marketed by SRM Residential.

[smartcode_project_cta:default project_id=114246]

Joel Robinson

Abadeen unveils penthouse at Park Residences in Cremorne

New Brisbane developer Dalcott has unveiled Marrone, the first of three residential projects it is planning in and around Browning Street in South Brisbane.

<a href="https://www.apartments.com.au/new-apartments/marrone-south-brisbane-39-browning-street-south-brisbane-qld-4101">Marrone</a> will comprise 97 predominantly two- and three-bedroom apartments, with larger residences aimed squarely at the owner-occupier market.

The project will sit in a quiet pocket of South Brisbane between South Bank and West End, close to the restaurants, cultural attractions and riverfront amenity that have driven the suburb's continued transformation.

Dalcott is targeting buyers looking for more space and amenity than has traditionally been offered in the inner-city apartment market, particularly downsizers and professionals wanting to remain close to the city.

[smartcode_project:default project_id=149951 project_image_fid=377072]

Resident facilities will be concentrated around an extensive rooftop amenity offering, including a swimming pool, spa, infrared sauna, warm and cold magnesium plunge pools, private lounge, dining room and outdoor entertaining areas.

Dalcott Managing Director Lachlan Cottee said South Brisbane's combination of lifestyle, connectivity and established character had been central to the approach to Marrone.

“South Brisbane offers a combination of lifestyle, connectivity and character that’s difficult to replicate elsewhere in Brisbane,” Cottee said.

“Our focus has been on creating homes that feel connected to that environment while providing the level of design, functionality and quality that today's owner-occupiers expect.”

The residences will feature an expressive material palette. Italian Calacatta Viola marble, known for its deep burgundy veining, will be paired with aged brass tapware, Chestnut engineered timber flooring and Tuscan Oak joinery.

<img alt="Marrone" data-entity-type="file" data-entity-uuid="b8d833da-3b30-496a-ae30-07bdff371b50" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-25%20at%2010.52.35%E2%80%AFAM.png?VersionId=P6DAgOfaQzIXljKKK5j3e5NhWtrHIu9G" />

Bathrooms will feature Nara Japanese ceramics and glass bricks, while clay, walnut and brass lighting will be used throughout the apartments.

Dalcott has appointed Realm Projects, led by Managing Director Shane Foley, to handle sales and marketing following previous sold-out collaborations between the groups.

Foley said the Brisbane apartment buyer had become increasingly focused on the quality of the home itself rather than simply securing an inner-city address.

“We expect to see strong demand from buyers who still want all the advantages of inner-city living but aren’t prepared to compromise on the quality of their home,” Foley said.

“Many will be downsizers looking to leave behind the maintenance of a traditional family home without giving up the space they enjoy, while others are likely to be professionals wanting a residence that reflects the way they live today.”

“Marrone responds directly to that demand, with generous floorplans, exceptional resident amenity and a location that places some of Brisbane’s best dining, entertainment and cultural attractions within walking distance.”

<img alt="Marrone" data-entity-type="file" data-entity-uuid="61f7b22f-899e-4c0f-940a-7d3ab1bfb93a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-25%20at%2010.52.44%E2%80%AFAM.png?VersionId=PvN1JYxBgUpyCB7efKo52WGdSDs9nmim" />

Marrone will be the first project delivered as part of Dalcott's broader investment in the precinct.

It will be followed by La Terra, a boutique project comprising penthouse-style, single-level apartments on a northeast corner site with extensive resident amenity and city views.

Cottee said Marrone represented the first stage of the group's longer-term plans for the area.

Dalcott was established in 2025 by Lachlan Cottee and Ben Dalgliesh, combining development and construction capability under an integrated model and focusing on architecturally considered residential projects.

Marrone will initially be offered through a pre-release registration campaign ahead of its broader public launch.

Dalcott targets owner-occupiers with South Brisbane debut Marrone

Parnell Developments is the latest to seek significant uplift through the NSW Government's Housing Delivery Authority on a Strathfield site previously approved for a much smaller apartment development.

Parnell has sought approval for a 32-storey mixed use tower across&nbsp;<a href="https://www.apartments.com.au/new-apartments/7-lyons-street-strathfield-nsw-2135">3-7 Lyons Street and 18 Parnell Street</a>, a&nbsp;1,857 sqm site around 400 metres from Strathfield Station. The building would yield 160 apartments, 15 per cent of which will be dedicated affordable as per the government mandate for buildings seeking additional uplift.

Approved previously was a nine-storey building back in 2022 with just over 30 apartments. That approval came prior to the project being&nbsp;progressively reconsidered as planning policy shifted toward greater density around transport hubs.

<img alt="Strathfield" data-entity-type="file" data-entity-uuid="c5af5281-a643-4eb2-b8c4-0081b59c04c7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-25%20at%209.16.48%E2%80%AFAM.png?VersionId=37bd3mI7rHNpThOV_75VO8xsGFwWOi1u" />

Turner has designed the latest building that would replace&nbsp;existing detached homes across the four lots.

The apartment mix comprises 22 one-bedroom apartments, 107 two-bedroom and two-bedroom-plus configurations, and 31 apartments with three or more bedrooms. The scheme also includes 203 car spaces across six basement levels and 58 bicycle spaces.

The proposal has been designed around a three-storey podium addressing Lyons Street, with the tower rising above and stepping toward its upper levels.

Turner said the podium was deliberately scaled to respond to the existing street, while the taller element has been designed as part of the emerging skyline anticipated around Strathfield Town Centre and the wider Homebush transport-oriented development precinct.

The Lyons Street frontage would have a more active, pedestrian-focused character, incorporating the commercial tenancy, landscaping and a brick-framed podium with an awning.

<img alt="Strathfield" data-entity-type="file" data-entity-uuid="14b20874-b8c3-4ac7-bc03-92be9a69fb78" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-25%20at%209.17.48%E2%80%AFAM.png?VersionId=av.9TxtqIRTC6v3PkSuu1rL9rreWoe2h" />

Parnell Street, which faces the railway corridor, has been given a different architectural treatment, with double-height breeze blocks, landscaping and communal areas used to soften the interface with the rail infrastructure.

The tower itself uses curved and recessed facade elements, with wave-like indentations across the northern elevation breaking the building into three vertical forms.

A palette of grey concrete, brick and breeze blocks is complemented by clay and terracotta accents, while the upper tower adopts a lighter expression through articulated slab edges, vertical fins and recessed glazing.

Residents would have access to 467 sqm of communal open space spread across three levels. The ground floor would accommodate the more active resident areas, including barbecue and group gathering spaces and an internal communal room capable of being used for working from home.

A more passive viewing deck is proposed at level three, overlooking the ground-level landscaping and neighbouring tennis courts, while a rooftop "sunset deck" at level 30 would provide another social and relaxation space.

<img alt="Parnell" data-entity-type="file" data-entity-uuid="c3dce401-a80f-4682-8471-4caa01180880" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-25%20at%209.17.34%E2%80%AFAM.png?VersionId=Xyo8JVqbOhSJXNy6Ih.1cHL.O6i0bGR." />

&nbsp;

&nbsp;

&nbsp;

Strathfield has been earmarked for substantial change through the Strathfield Town Centre planning work and the nearby Homebush TOD precinct.

Turner's report says the project has been designed to act as a transition between the existing low and mid-rise development surrounding the site and the taller built form expected to emerge across the town centre.

The proposal is being assessed as State Significant Development under the HDA pathway, alongside the concurrent request to amend the Burwood Local Environmental Plan.

First look: New apartment tower pitched for Strathfield Town Centre precinct

An $18 million penthouse has hit the market in Main Beach as construction tops out on La Mer, the $155 million apartment development rising just metres from the beach.

Spanning around 600 sqm across the top two levels of the 29-storey tower on Main Beach Parade, the four-bedroom penthouse is one of the latest eight-figure residences to test the upper end of the Gold Coast apartment market.

Its launch comes amid continued activity at the very top of the market, following the $30 million off-the-plan sale of a Burleigh Heads penthouse earlier this year, which surpassed the Gold Coast's previous $24 million apartment record set in 2023.

The <a href="https://www.apartments.com.au/new-apartments/la-mer-main-beach-3580-main-beach-parade-main-beach-qld-4217">La Mer penthouse</a> has been designed as a private residence in the sky, with 360-degree views spanning the ocean, Broadwater, hinterland and Gold Coast skyline.

[smartcode_project:default project_id=95606 project_image_fid=378731]

All four bedrooms have ensuites, while the ocean-facing master retreat occupies around half of the upper level and includes its own lounge, private balcony, two walk-in wardrobes and an oversized ensuite with a freestanding stone bath positioned to take in the views.

The residence also features a kitchen designed to accommodate a private chef, a 3.6-metre island bench, expansive butler's pantry, wine cellar and integrated bar.

[smartcode_project:default project_id=95606 project_image_fid=378732]

A rooftop pool and substantial outdoor entertaining area with its own kitchen sit above the residence, while a grand staircase connects the two internal levels. The penthouse also has its own express lift.

OTP Group Director James Elliott, who is marketing La Mer, said the penthouse was expected to appeal to high-net-worth buyers seeking either a permanent Main Beach residence or Gold Coast holiday home.

“The La Mer penthouse represents exceptional value, considering its quality design, size, privacy and location, not to mention the 360-degree views capturing the beach and Gold Coast Broadwater,” Elliott said.

“We’re anticipating interest from high-net-worth individuals and couples seeking a residence or holiday home in the sought-after village enclave of Main Beach, taking advantage of the unprecedented growth underway in the area and neighbouring The Spit.”

[smartcode_project:default project_id=95606 project_image_fid=378736]

La Mer is being developed by developer-builder ODUS and Nazero, in partnership with funder Metrics Credit Partners.

ODUS Director Byron Sakha said topping out the tower had provided the opportunity to release the project's most significant residence.

“We’ve worked with internationally-recognised studio Sici Design on the penthouse interiors, with a focus on ensuring it isn’t luxury for luxury’s sake. Every element has been thoughtfully designed to enhance quality of life for those who call it home,” Sakha said.

“The views are the hero of virtually every space, but we’ve given equal attention to the fittings and finishes, so every detail exudes elegance and refinement.”

Sici Design Founder and Director Maria Papadopoulos said the extensive views became an integral part of the interior design rather than simply something the residence was designed around.

“The views weren't something we designed around, they became part of the design itself, with the true luxury of La Mer in its feeling of peace, calm and wellbeing,” Papadopoulos said.

“Luxury isn't defined by how something looks, but how it makes you feel, and we believe a luxurious home should be beautiful to live in, not stressful to maintain.”

The interiors combine Austral Dream Dolomite natural stone and travertine with timber flooring and a restrained coastal palette.

[smartcode_project:default project_id=95606 project_image_fid=378734]

Designed by Plus Studio, La Mer is one of the more boutique additions to the rapidly changing Main Beach apartment market.

The tower comprises just 24 full-floor, three-bedroom plus multipurpose room apartments below the two-level penthouse, giving the project a considerably lower density than many of the larger towers being developed across the Gold Coast.

Residents will have access to a pool and spa, gym, sauna, barbecue facilities, private sun lounges, yoga lawn and outdoor beach shower.

The penthouse has been released as part of the final collection of residences at La Mer, with remaining apartments priced from $4.3 million.

Construction is expected to complete later this year, with a fully furnished display apartment now open on level four.

[smartcode_project_cta:default project_id=95606]

ODUS releases $18 million penthouse crowning La Mer Main Beach

<a href="https://www.apartments.com.au/developers/far-east-consortium">Far East Consortium</a> is preparing to commence construction on <a href="https://www.apartments.com.au/new-apartments/640-bourke-street-melbourne-640-bourke-street-melbourne-vic-3000">640 Bourke Street</a> this October, marking the next milestone for the Melbourne CBD development and its higher-end Eliza Collection.

Spanning levels 44 to 68 of the 68-storey <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a>-designed tower, the Eliza Collection has been conceived as a lower-density offering within the broader development, with only five apartments on each floor, dedicated lift access and a collection of resident spaces reserved exclusively for Eliza Collection residents.

The Eliza Collection forms part of Far East Consortium's broader move toward larger-format residences at 640 Bourke Street, where the number of apartments was reduced from earlier plans as apartment sizes increased.

[smartcode_project:default project_id=509 project_image_fid=365685]

"What it's meant for 640 Bourke is we've actually reduced the number of apartments. We've increased the overall size of the apartments. We don't have any studios in here, and what that does for a project is it elevates it," Far East Consortium Director of Sales and Marketing Lauren Sheldon said.

Rothelowman Associate Jun Chang said the design process provided an opportunity to create more generous floorplans.

"We were given the opportunity to be more generous. The apartments became bigger and squarer than any other apartments which had been designed in the CBD before that."

[smartcode_project:default project_id=509 project_image_fid=368869]

That thinking carries through to the Eliza Collection, where the residences have been designed around the space and functionality associated with a larger home, but positioned high above the centre of Melbourne.

Kitchens are equipped with Gaggenau appliances, a butler's pantry, temperature-controlled wine cabinet and sculptural pendant lighting, while engineered timber flooring, stone and porcelain finishes and custom cabinetry feature throughout the broader interiors.

Privacy and security are another point of distinction. Eliza Collection residents have dedicated lift access, while 640 Bourke Street will provide concierge services and secure resident parking. Short-stay accommodation, including Airbnb, will not be permitted within the development.

[smartcode_project:default project_id=509 project_image_fid=365689]

Eliza Collection residents will also have exclusive access to selected amenity spaces across levels one and three of the restored Eliza Tinsley building. These include the Salon with grand piano, an art therapy room, private dining rooms and treatment rooms.

They sit within more than 3,000 sqm of amenity planned across 640 Bourke Street, alongside facilities including a pool, gym, whisky lounge and further social and wellness spaces.

The Eliza Tinsley building itself is central to the wider project's identity. Rather than treating the existing Eliza Tinsley façade as a separate element, Rothelowman used it as a starting point for the architecture of the new tower, with the historic building to accommodate the project's gallery and lobby.

"It's a significant asset and wants to be celebrated and experienced by all residents every single time they go in and out of the building," Rothelowman Principal Stuart Marsland said.

[smartcode_project:default project_id=509 project_image_fid=368872]

The tower will rise behind the retained heritage building at 640 Bourke Street, placing residents within walking distance of Southern Cross Station, Flagstaff Gardens, Queen Victoria Market and the Docklands waterfront.

With construction scheduled to begin in October, Far East Consortium has established an onsite display gallery at 640 Bourke Street, including fully built apartments that allow the project's layouts, materials and finishes to be inspected at full scale.

A fully built Eliza Collection apartment is also available to view at the display suite by appointment ahead of the planned October construction commencement.

Eligible purchasers who buy before construction commences can secure the full available off-the-plan stamp duty savings, subject to eligibility and applicable conditions.

[smartcode_project_cta:default project_id=509]

Far East Consortium brings Eliza Collection to 640 Bourke Street ahead of October construction start

Sydney Apartments

Fortis has secured development approval for a premium residential project in the heart of Woollahra.&nbsp;

The prominent eastern suburbs developer has been working with the 14 owners of the 2a James Street address for the last 12 months, recently finalising the purchase of the 3,500 sqm development site, the largest ever land consolidation in Woollahra and now the largest privately held parcel of land in the suburb.

The current existing and dilapidated buildings on the site date back to the late 1800s and early 1900s and will be architecturally restored as part of the $170 million project.

Alongside the refurbished buildings, the approved concept will also feature a collection of newly built luxury residences, comprising two-, three- and four-bedroom apartments.. Funded by Pallas Capital, construction on the project is expected to commence late 2023.

Fortis paid around $50 million for the site.&nbsp; 
 
Fortis Director Charles Mellick says the team’s&nbsp;work at the nearby Pallas House Sydney and Gaden House demonstrates their commitment towards retaining Sydney’s architectural heritage.

“We feel privileged to have the opportunity to lovingly restore and reinvigorate this site, bringing it back to life,” Mellick says.

”We will be preserving the best architectural elements of the site so it can be enjoyed by future generations.

Mellick says the project is the first time off the plan apartments of this scale are being offered in Woollahra, also marking the biggest sqm regeneration in this suburb.

“Our aim with this project is to be sympathetic to its heritage and context, ensuring that the existing buildings are restored. A new build on the site will feature a collection of premium apartments, bringing together unparalleled quality and premium amenities in a location where new apartments are few and far between.” 
​ 
​MHN Design Union have been appointed as the lead architects on the project, with landscaping by Wyer &amp; Co. The 1900s terrace interiors are being redesigned by local Phoebe Nicol, with a collection of two- and three- bedroom homes with north-facing gardens and secure car parking. 
​ 
​The interiors of the luxury new residences are being undertaken by Alexander &amp; Co. The new build will comprise north facing, two-, three- and four-bedroom residences with large entertaining areas and ample outdoor space. 
​ 
​The 1880s theatre will be restored by Mim design and converted into a single trophy residence, with an expected end value of $20 million. The interiors will be an ode to the historic grandeur of the original property, complete with its own basement, tunnel cellar, internal landscaped courtyards and pool.&nbsp; 
​ 
​Woollahra, one of Australia’s most tightly held suburbs with generational wealth, is located five kilometres from the CBD in Sydney’s east, and is known for its timeless, tree-lined suburban streets and village-style shopping areas. The site is in proximity to the Paddington retail precinct, as well as the heritage-listed Centennial Park.

Pallas Group is the parent company of real estate financier and investment manager, Pallas Capital, and property developer, Fortis. The expected end value of Fortis projects currently under construction or under a planning proposal is $4 billion nationwide.

Fortis paid around $50 million for the James St site.

The current existing and dilapidated buildings on the site date back to the late 1800s and early 1900s and will be architecturally restored as part of the project

Fortis secure approval for $170 million Woollahra development

Having completed One The Waterfront in Sydney's Wentworth Point, busy apartment developer Piety Group is onto its final stage of their Wentworth Point project.

They've submitted plans for two more buildings, at this stage just known as Building F and Building C, which will bring a further 155 apartments to the area which was not so long ago just mud flats.

The development will have 620 apartments across nine buildings with the new apartments since Piety Group started the $520 million development phase in 2010.

Turner Studio noted in their architectural report submitted to the Parramatta council that the architectural form of the two towers seeks to acknowledge the pattern of the substantially completed One The Waterfront residential development.

<img alt="A proposed building" data-entity-type="file" data-entity-uuid="99c63429-a1c0-45fb-8007-7f53b0078340" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-09-23%20at%2012.46.36%20pm.png?VersionId=L8oH8jbEu6lqeLA.ygFDJ0cG4BI8Svr3" /> 
A render of Building C. Image credit: Turner Studio

They noted that the&nbsp;built form of the previously approved development applications have allowed for stepping in the facade alignment, and substantial indents in the built form along Bennelong Parkway.

"These result in a highly articulated streetscape and urban design outcome," Turner suggested, adding that the proposed built form opens up view lines into the central podium courtyards to Bennelong Parkway that improves the permeability of the scheme.

"The new buildings are in keeping with their adjoining context and will marry with the remainder of the scheme. Their stepped building form will further enhance the articulation of the precinct’s streetscape."

<img alt="Building F" data-entity-type="file" data-entity-uuid="e0495a65-175e-4b16-bc61-aff866e1ecc1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-09-23%20at%2012.46.25%20pm.png?VersionId=ysmLohibLzmMPUjNleUAMPa1X7n86eh5" /> 
A render of Building F. Image credit: Turner Studios

They say the proposal significantly improves the building separation distances already achieved within the already completed components of the scheme.

Turner note that the proposal seeks to do better than 'business as usual' and has made the landscaping component key to the design excellence of the overall scheme.

"The proposal seeks to create a lush green landscape that frames and envelopes the proposed new Buildings E &amp; F. These new additional landscaped spaces will complete a network of green links that connect Homebush Bay to the Millenium Parklands, and the adjacent Bay Park to the Haslams Creek wetlands."

Turner note that the proposal seeks to do better than 'business as usual' and has made the landscaping component key to the design excellence of the overall scheme.

Piety Group submit final stage of Wentworth Point masterplan

While buyers continue to watch the RBA raise interest rates which, in turn, is damaging prospective buyers potential spending capacity, Sydney developer Piety Group is looking to offset any fears of future rate rises.

As an industry-first, Piety Group, in conjunction with Laver Residential Projects who are selling and marketing the newly completed luxury lifestyle apartments at ONE the Waterfront in Wentworth Point are making a unique ‘freeze your rate’ offer to investor and owner-occupier buyers.

The offer covers the cost of future interest rate rises of up to 1% over two years to help reduce the mortgage costs for buyers should the Reserve Bank of Australia continue to lift the cash rate.

[smartcode_project:default project_id=5751 project_image_fid=195417]

James Quigley, Managing Director of Piety Group said they believe the direct cost saving will appeal to both owner-occupiers and investors alike.

Sam Elbanna, Project Director at Laver Residential Projects, calls it a fantastic initiative.

“This is the first of its kind that I can recall in the Sydney market and I think this will give people confidence and, more importantly, peace of mind when buying," Elbanna said.

"There has been uncertainty - however, we know from experience this is likely to be a short-term rate hike for buyers and our offer can help overcome this.”&nbsp;

[smartcode_project:default project_id=5751 project_image_fid=195420]

The offer applies across the range of one, two and three-bedroom apartments at the brand-new resort-style ONE the Waterfront complex located at Wentworth Point, with prices starting from&nbsp;$599,000. The rate freeze applies for both owner-occupier and investor mortgages.

Piety Group recently lodged plans for the final stage of their Wentworth Point masterplan, adding another 155 apartments to the precinct.

The RBA has now hiked the cash rate in five consecutive months, with experts suggesting there are still a few more rate rises expected in 2022.

[smartcode_project_cta:default project_id=5751]

The offer covers the cost of future interest rate rises of up to 1% over two years to help reduce the mortgage costs for buyers should the Reserve Bank of Australia continue to lift the cash rate

Piety Group offer 'freeze your rate' at One the Waterfront, Wentworth Point apartments

Plans for Capital Corporation’s apartment project on the site of the Seventh-day Adventist Church site, Wahroonga Estate, have been given the green light by Ku-ring-gai Council.&nbsp;

Lodged on behalf of the Adventist Church, the plans were approved for&nbsp;136 - 144 Fox Valley Road, following extensive planning, community engagement and modification.

<img alt="Render of the proposed apartment building at Wahroonga Estate " data-entity-type="file" data-entity-uuid="17db0d75-bdc8-447c-95df-ed7e26045dc0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Wahroonga%20Estate_View_03.jpg?VersionId=f1_7KBhs9OC_c0d_cyN3gwbC7c9UAL05" />Render of the proposed apartment buildings at Wahroonga Estate.&nbsp;

Set to form an integral part of the regeneration of the 64.2-hectare site on Sydney’s North Shore, 177 apartments will be delivered across four low-rise buildings.&nbsp;

Designed by architectural consultancy firm, GroupGSA, the energy-efficient buildings aim to be visually interesting, contemporary and sympathetic to the surrounding area, with the building’s interiors also benefiting from designs by Coco Republic.&nbsp; 
&nbsp; 
Ranging from four to six-storeys, the buildings will be constructed across two stages, with 143 apartments set for the first stage and an additional 34 in the second.&nbsp;

26 one-bedroom, 95 two-bedroom and 56 three-bedroom apartments will be delivered across the project, with a new two lane access road set to be built as well, providing an entry point to a shared basement.

The apartments will be located within the approved concept plan’s building envelope, just off Fox Valley Rd, with the DA approval coming 12 years after the State Government approved a Part 3A plan for the site, which included the expansion of the Sydney Adventist Hospital and a range of residential, commercial and higher education developments.&nbsp;

<img alt="Render of the proposed apartment building at Wahroonga Estate " data-entity-type="file" data-entity-uuid="f6d0effb-9ab0-4fda-9a2b-2b3df2b118a3" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Wahroonga%20Estate_View_04.jpg?VersionId=FC5lTQiQTiq9dmlUuY0q0ckrQBkO7LlL" />Render of the proposed apartment buildings at Wahroonga Estate.

The entire Wahroonga Estate is divided into five neighbourhoods and includes 31.4 hectares of environmental conservation land.

Jim Hunter, Director of Capital Corporation, said the planning process was inclusive of the Council and community feedback to ensure the needs of the local area were met.&nbsp;

“The project has been years in the making. We carefully considered feedback from the community and made many amendments in response,” Hunter said.&nbsp;

“The collaborative approach we took with Council and the community ensured we are delivering a plan that meets the needs of the local community and this was evident in the amount of feedback received.”&nbsp;

A review of initial plans resulted in the reconfiguration of the residential development’s footprint, along with the addition of landscaping and open space.&nbsp;

&nbsp;“We are thrilled with the result and we are excited to bring this project to market in early 2023,” Hunter added.&nbsp;

<img alt="Render of the proposed apartment buildings at Wahroonga Estate" data-entity-type="file" data-entity-uuid="20af84a5-79d1-4293-9633-a6c56ab81a18" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Wahroonga%20Estate_View_02.jpg?VersionId=heKTii97LHAbm7dq8vBesCP8NEG4INYj" />Render of the proposed apartment buildings at Wahroonga Estate.

The proceeds from the development will also unlock funding for reinvestment into facilities, new educational hubs and other community assets within the Wahroonga Estate precinct.&nbsp;

Established in 1991, the Australia-owned Capital Corporation established themselves amongst the Sydney development scene as one of the pioneers of the Norwest Business Park, completing 47 buildings within the precinct.&nbsp;

The group has also recently completed a string of developments including the Esplanade in Norwest, Parklands Estate in Rouse Hill, Veridian in Kogarah, along with Stages One, Two and Three at the $1 billion Woolooware Bay Town Centre in the Sutherland Shire.&nbsp;

The entire Wahroonga Estate is divided into five neighbourhoods and includes 31.4 hectares of environmental conservation land.

alisonwarters@gmail.com

Capital Corp given green light for Wahroonga Estate apartments 

Urban Property Group are continuing their take over of the western suburbs of Sydney.&nbsp;

Having wracked up a swat of awards for their residential developments in Penrith, including Navali, Lumina and The Henry, Urban are set to transform Edmondson Park in their latest project, with plans for four buildings on a site fronting Buchan Avenue.&nbsp;

<img alt="Render of the proposed Edmondson Park residences" data-entity-type="file" data-entity-uuid="61573d2f-fe58-44d4-b002-7e59ca3728ef" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-09-07%20at%204.00.34%20pm.png?VersionId=gZvnLx.KkQZyZ8kNE2ALcMf.YkCzVooY" />

The group recently submitted the plans for the project, which will form part of a greater precinct of homes.&nbsp;

Titled Site 5 of the Edmondson Park North Precinct 9, the buildings will top out at eight-storeys, with COX Architecture to design each of the stages across the precinct.&nbsp;

266 apartments will be delivered across the site, with a communal open green space to separate each of the buildings.&nbsp;

37 one-bedroom apartments will be on offer in the precinct, along with 154 two-bedroom, 65 three-bedroom, nine four-bedroom and one five-bedroom apartment.&nbsp;

<img alt="Render of the proposed Edmondson Park residences" data-entity-type="file" data-entity-uuid="4bc32dd0-64e7-45f4-b0a1-3274fd2da0b8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-09-07%20at%204.00.23%20pm.png?VersionId=VSYGAfI_0GEpGktWttMSeS5gdmIZ4SXx" />

The group also has plans to develop stage one to three in the Edmondson Park North Precinct 9, along with stage four with the development application currently being prepared.&nbsp;

Sydney property developers to build residential precinct in Edmondson Park 

Developers are setting their sites further west as the expansion of Sydney continues.

A Metropolis of Three Cities, the Eastern Harbour City, the Central River City and the Western Parkland City, known as The Regional Plan, has been prepared by the Greater Cities Commission in a 40 year vision for Metropolitan Sydney.&nbsp;

It envisions a 30-minute city, where residents live within 30 minutes travel of their job, education and health facilities, services and great places.

The Regional Plan projects that almost half of the population growth in Greater Sydney over the next 40 years will reside west of Parramatta in the Central River City and the Western Parkland City, where two development applications have been lodged.&nbsp;

<img alt="Render of the ground floor space proposed for the Bringelly Rd project" data-entity-type="file" data-entity-uuid="bbf30051-f0f3-4c8c-a844-7a1306ee192d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-09-09%20at%2010.48.19%20am.png?VersionId=wqVeFIPL7Tj4Dq_42D5uu64srcyw97iC" />

Plans have been laid for a four-building development at 313 Bringelly Road.&nbsp;

The Salvo Group, who are a Melbourne-based property group, engaged CM+ to design the three, four-level mixed-use buildings.&nbsp;

There will be 242 apartments delivered across the buildings, with 67 to be included in block A, 84 in block B, and 91 across block C.&nbsp;

The project will be one of the area’s early developments and will foster transformation of the northern part of the Leppington Town Centre.

The site’s rural character will be transformed into a vibrant and multifunctional community that facilitates urban living

It’s projected that the population of Western Parkland City will grow to 1.1 million by 2036 and to over 1.5 million by 2056.

The mixed use development will offer living and working opportunities close to Leppington Station, approximately 400-800 metre walking distance from the site.&nbsp;

It will also create a high amenity living precinct, close to public infrastructure, such as&nbsp; the Leppington Train Station and TfNSW Commuter Car Park, along with open spaces including the future green spaces along Scalabrini Creek and Western Sydney Parklands.

<img alt="Render of the proposed Ingleburn Rd project" data-entity-type="file" data-entity-uuid="2f1ffcf5-00ed-4c9e-8505-afc9399f73ac" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-09-09%20at%2010.50.33%20am.png?VersionId=Y5VTwnwYJopVybqJLoT_ueIxCU8HCXLM" />Render of the proposed Ingleburn Rd project

There’s further development planned near Leppington Town Centre, on the corner of Ingleburn Rd and Byron Rd.

The plans are for a medium density apartment building, which will deliver a further 63 apartments to the area surrounding the town centre and 18 townhouses.

The development is identified by two building forms, one being a four-storey apartment building consisting of four cores that wraps around the Ingleburn Rd and Byron Rd corner, along with walk-up terrace style homes.&nbsp;

A mix of natural materials will be utilised, tying the project to the surrounding native landscape, with a fine-grain two-tone fibre cement panel facade donning the buildings.&nbsp;

Urban Link Architects are behind the designs of the plans, which will deliver 17 one-bed, 25 two-bed and 21 three-bedroom apartments, along with 18 townhouses.&nbsp;

<img alt="Render of the proposed Ingleburn Rd project" data-entity-type="file" data-entity-uuid="971f08cc-6cce-4da1-9255-47ea2cd7e727" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-09-09%20at%2010.50.45%20am.png?VersionId=EUsALOGaDDbXRHnZczjxGRWyYnRBgXVP" />Render of the proposed Ingleburn Rd project

Separating the two forms will be a communal open space across the ground floor, featuring deep planting creating a pocket park-like atmosphere, outdoor seating space and barbecue facilities, as well as recreational space on level three.&nbsp;

The growth of Western Parkland City is enhanced by the recently finalised Aerotropolis Planning, which will deliver the new Western Sydney Airport at Badgerys Creek Aerotropolis.

The developments also sit within proximity to Leppington Town Centre, along with being just 30-minutes from Sydney Airport, 30 kilometres from Parramatta CBD and about 50 kilometres from the Sydney CBD.

The precinct is also in proximity to Liverpool CBD, which is currently Sydney’s third CBD.

Leppington’s connectivity will be further improved as well by future train links to Western Sydney Aerotropolis.

Camden City set for two residential developments

Buyers at Coronation Property's Merrylands project, Mason &amp; Main, are set to benefit from a huge pipeline of infrastructure due to the project's location in the heart of the 6000-hectare Greater Parramatta to Olympic Peninsula (GPOP) corridor.

Mason &amp; Main, designed by Woods Bagot, will be its own mini-community with apartments set above vibrant market-style laneways with retail and dining, is set just south of Parramatta in Merrylands, which has transformed into a gentrified hotspot that is appealing both investors and owner-occupiers due to a mix of strong population growth an extensive infrastructure upgrades around Sydney’s west.

[smartcode_project:default project_id=31751 project_image_fid=161005]

Mason &amp; Main offers one, two and three-bedroom apartment configurations across five buildings, as well as resort-style amenities including a pool, private gym and rooftop gardens and a vibrant ‘Eat Street’, creating a new destination for the suburb.

There’s some $20 billion of investment and infrastructure planned over the next five years in the GPOP, fast emerging as the heart of Greater Sydney’s Central City. Merrylands has seen significant investment, with the Cumberland City Council announcing in 2021 the creation of a new civic square in the heart of the suburb.

[smartcode_project:default project_id=31751 project_image_fid=160999]

The $11 million project currently under construction will provide an integrated residential, retail, commercial and commuter hub to Merrylands and will be conveniently located within 50 metres of Mason &amp; Main.

Already Sydney’s western hub has seen a dramatic change with the redevelopment of Parramatta Square which saw the heart of Parramatta revitalised as part of one of the largest urban renewal projects in the country.

The $2.7 billion redevelopment included six new buildings, premium office space, a refurbished town hall, multi-level retail, with the site linked by 6000 sqm of public space.

[smartcode_project:default project_id=31751 project_image_fid=161017]

Bringing Parramatta Quay to life is Charles Street Square

The ferry terminal at Charles Street is the gateway to the Parramatta CBD for those who travel by boat, by foot or by bike along the river, in what will be known in the near future as, Parramatta Quay.

The area is also a place of cultural and geographical significance, as the fresh water of the upper Parramatta meets the saltwater of the lower reaches, connecting Sydney to Parramatta River.

The completed escarpment boardwalk provides connection from one side of the river to the other, with the pedestrian and cycle friendly thoroughfare extending under the MacArthur Street Bridge, joining to Parramatta River Cycle way, providing more than 100 kilometres of walking and cycling paths, extending all the way to Sydney Olympic Park.

The Parramatta Ferry terminal upgrade is complete and once the Charles Street Square upgrade is finished the area will become a confluence of leisure activity, cafe culture and transportation hub celebrating one of the City's special waterway experiences welcoming tens of thousands of visitors and commuters each year.

[smartcode_project:default project_id=31751 project_image_fid=161007]

Construction of the Charles Street Square upgrade is slated to be complete by the end of 2022 or early 2023.

The Sydney Metro West project is also underway, with the new underground metro railway set to connect the Parramatta and Sydney CBDs. The NSW Government committed $6.4 billion over four years to the project, which will achieve a travel time of 20 minutes, as well as unlocking housing supply and employment growth between the two CBDs.

With trains, buses and ferries connecting the Parramatta CBD with Sydney and the wider metropolitan area, the council also runs a free shuttle bus around the Parramatta CBD for those wanting to stay close by.

Further connection will be provided through the development of the Parramatta Light Rail. Stage One of the project will run 12 kilometres, connecting Parramatta CBD to Westmead and Carlingford. Stage One will be operational in 2023.&nbsp;

The Parramatta CBD is also well-connected to major arterials, including the M4 Motorway, Great Western Highway, Windsor Road, Pennant Hills Road and James Ruse Drive.&nbsp;

[smartcode_project:default project_id=31751 project_image_fid=161009]

A new Museum of Arts and Applied Sciences will open on the river foreshore in Parramatta in 2025 as the new centre of arts, culture and innovation. It will include the newly relocated Powerhouse Museum and a revamped Riverside Theatres.

Further boosting the areas growth is the soon to be developed Western Sydney Aerotropolis, which is set to give Western Sydney residents a more convenient option for travel and boost overall population growth.

Sydney’s new airport is set to open to international, domestic and freight flights in 2026, providing much-needed aviation capacity for the entire Sydney region.

Designed to grow in stages and over decades, the Airport will eventually become one of the biggest gateways to Australia and the primary airport for the entire Sydney region. Qantas Group and Virgin Australia Group have signed MOUs with the Airport and have already commenced discussions about the design of the Airport and potential routes and services.&nbsp;

With the Westmead precinct Australia’s largest health and biomedical research precinct, the site is also undergoing revision with four hospitals, two universities, two large research institutes, NSW’s largest pathology service, and many allied health centres currently occupying the space.

With NSW Health, the City of Parramatta Council jointly commissioned the Westmead Innovation District Master Plan project.&nbsp; The project includes aspirational targets for jobs and tertiary students, driven by the significant government investment planned for the area.&nbsp;

[smartcode_project_cta:default project_id=31751] 
 
&nbsp;

Already the area has seen a dramatic change with the redevelopment of Parramatta Square which saw the heart of Parramatta revitalised as part of one of the largest urban renewal projects in the country

The Merrylands lifestyle precinct in Parramatta's growing Olympic Peninsula corridor

Last year F45 co-founder Rob Deutsche spent nearly $20.65 million on a prime site on Campbell Parade site, the exclusive strip fronting Bondi Beach.

Now, it's been revealed what he's going to do with it.

Recent plans submitted to the Waverley Council are for four luxury apartments above a retail premises at 56 Campbell Parade.

<img alt="The Bondi apartments" data-entity-type="file" data-entity-uuid="e54c5e3b-336b-4999-8d51-a7f7275eec59" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-09-20%20at%2011.12.21%20am.png?VersionId=U41N35uktDcOCjFJ4bLTuOy8YpuGsKe1" />

The existing building will be retained. While not heritage-listed, it is deemed as a contributory building within the Bondi Beach Heritage Conservation area and makes a positive contribution to the streetscape of Campbell Parade, a heritage statement prepared for the development submission noted.

There will be a substantial demolition of the rear of the building to make way for a striking new design by architecture firm&nbsp;Architects Nicholas + Associates.

<img alt="The Bondi apartments" data-entity-type="file" data-entity-uuid="2bd42a21-40d7-4639-b8bc-6eb2d7ba65c6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-09-20%20at%2011.12.25%20am.png?VersionId=fZzaj2dfu4JQPJjE77kFyJIMFfSumxzs" /> 
The proposed plans at 56 Campbell Parade. Image credit: Architects Nicholas + Associates

The existing retail premises will be expanded to spill over two levels and face Campbell Parade.

There are already four apartments within the building, so the density won't change, but at the moment they are only spread over two levels. There will four levels for the new building, offering considerably more size.

The ground level apartment will have nearly 140 sqm of internal space with three bedrooms and a rear terrace.

Above will be two two-level apartments, which share levels one and two. Each will have four bedrooms and around 220 sqm of internal space, as well as a balcony with gun-barrel views across to the beach.

Topping the development will be a two-level penthouse spanning 250 sqm. The whole top level is dedicated to the master suite which opens to a private 25 sqm terrace with plunge pool.

The application comes a few months after next door, 58 Campbell Parade, <a href="/news/nsw/first-look-rare-new-apartments-to-hit-bondi-beachs-campbell-parade">sought redevelopment into a luxury development of 10 apartments</a>.

<img alt="A new Bondi development" data-entity-type="file" data-entity-uuid="2be3bb63-3f58-458d-8d07-b7948cbacb26" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-09-20%20at%2011.58.07%20am.png?VersionId=PNj4CnePrReYFn.6gyhnDclwshGTxuF0" /> 
The proposed plans at 58 Campbell Parade. Image credit: MHNDU

The project, designed by MHNDU, is currently under appeal to the NSW Land and Environment Court. MHNDU noted it was important in the design&nbsp;to&nbsp;retain a number of notable original building features. They opened the façade, creating more established viewpoints of the iconic neighbouring beach.

When Deutsche secured the keys at the December auction for the Campbell Parade site, a number of Bondi's most prolific developers were in attendance, including&nbsp;Rebel Property Group’s Allen Linz, who developed Pacific Bondi, and investor and developer Vaughan Blank, both of whom have recently submitted development applications for new apartments around the corner on Hall Street.

<a href="/news/nsw/first-look-allen-linz-and-eduard-litver-team-up-for-new-hall-street-bondi-apartments">Read more:&nbsp;First look: Allen Linz and Eduard Litver team up for new Hall Street, Bondi apartments</a>

<a href="/news/nsw/vaughan-blank-set-for-apartment-development-on-bondi-beachs-hall-street">Read more:&nbsp;Vaughan Blank set for apartment development on Bondi Beach's Hall Street</a>

<a href="/news/nsw/first-look-rare-new-apartments-to-hit-bondi-beachs-campbell-parade">Read more:&nbsp;First look: Rare new apartments to hit Bondi Beach's Campbell Parade</a> 
&nbsp;

Recent plans submitted to the Waverley Council are for four luxury apartments above a retail premises at 56 Campbell Parade.

Exclusive first look: F45 co-founder's Bondi Beach apartment plans revealed

There’s nothing quite like looking down from the top floors of a building to the surrounding vistas.

Despite a slowing market, it’s still been a landmark year for Sydney penthouse sales.&nbsp;

A collection of penthouses has recently been released in AURA by Aqualand, with four sub-penthouses already sold.&nbsp;

[smartcode_project:default project_id=30959 project_image_fid=202986]

The most recent was purchased by a downsizer from Northbridge, who snapped up the four-bedroom residence for $7.25 million.&nbsp;

The owner plans to downsize from a larger family home and was attracted to the convenience and amenity of North Sydney, along with the area’s unique new CBD masterplan, along with some key trends which universally appeal to penthouse purchasers.

The interiors at Aura have been designed by Kirsten Stanisich of Richards Stansich, with the designer highlighting the top six penthouse features and trends that continue to tick the box for capital growth prospects.&nbsp;

“Glorious views are first on the list. In Sydney, that means harbour, bridge, or Opera House views and choosing a penthouse with any of these is paramount to maintain value over time,” Stanisich said.&nbsp;

[smartcode_project:default project_id=30959 project_image_fid=202994]&nbsp;

Location is always vital, says CBRE’s Ben Stewart.

“Penthouses close to the CBD and within walking distance to lifestyle amenities like great cafés, bars, fine dining, and parks are high on the list for penthouse buyers right now,” he said.

While a property’s location is vital for retaining value for any purchase, buying a penthouse is as much about prestige.&nbsp;

Iconic architecture that stands out against the city skyline combined with timeless interiors created by sought-after architects and designers will win out over less salubrious developments when it comes to steady capital growth prospects.&nbsp;

“Overall, our clients are looking for beautiful high-quality interiors, an elegant materials palette and a sense of permanence,” explained Stanisich.&nbsp;

[smartcode_project:default project_id=30959 project_image_fid=202655]

The layout and planning of penthouse spaces are also essential, says Stanisich.&nbsp;

“Living and sleeping areas should be separately zoned, and there should always be a sense of arrival at the entry as a transition from the building’s common areas to the privacy and intimacy of the penthouse.”

“We carefully consider connections between living, dining and kitchen areas and include amenities like a back kitchen or scullery to minimise cooking smells and visual sight lines of daily clutter,” she said.&nbsp;

Generous shower sizes, huge guest powder rooms, high-quality appliances using the latest technologies, with steam ovens and warming drawers, generous pantries and a separate bar or wine cellar with temperature-controlled wine storage are high on Stanisich’s design list.

“Penthouses with private pools are right on trend at the moment also. High-net-worth buyers want expansive spaces to entertain outdoors, so large, luxuriously appointed terraces and private rooftop gardens will appeal in any market,” she said.&nbsp;

[smartcode_project:default project_id=30959 project_image_fid=203001]

Many architects specify penthouse finishes one would typically find in a stand-alone family home, like statement fireplaces and sculptural island benches.&nbsp;

These add to the sense you’ve arrived somewhere truly extraordinary, says Stanisich.

“Often downsizers moving from larger homes are looking for the ease of apartment living without compromising on size,” she said.&nbsp;

Bedrooms and bathrooms should create a feeling of welcome retreat from the work-a-day world outside.&nbsp;

“Main bedrooms should be generous and open to views and abundant natural light. Robes and ensuites should feel spacious and well connected, while each bathroom feature should create individual moments for restfulness, thought or relaxation. I think using natural materials is also important for their beauty and ultimate longevity.”

[smartcode_project:default project_id=30959 project_image_fid=202989]

Ample parking is another must, says Stanisich.&nbsp;

“It may sound pedestrian, but a great lifestyle location often means parking is at a premium.”

"A penthouse must have multiple, spacious, secure and convenient parking for multiple cars, and if it includes a private lift from the carpark to the penthouse, all the better.”

There’s no denying that penthouse apartments are a different kind of real estate. And those lucky to have the resources to buy penthouses have a very different mindset from other property buyers.&nbsp;

At the lofty end of the market, buyers seek the ultimate expression of lifestyle, luxury and prestige rather than simply a place to live or purely a return on investment.

[smartcode_project_cta:default project_id=30959]

A collection of penthouses has recently been released in AURA by Aqualand, with four sub-penthouses already sold. 

What penthouse buyers are looking for in today’s market; a look into AURA by Aqualand’s penthouse collection 

Sydney’s popular eastern suburbs beachside spot Maroubra is set to welcome a rare new apartment development on its beachfront strip.&nbsp; 
&nbsp;

Leading personal injury lawyer Gerard Malouf and his wife Dana has lodged plans for a boutique development at 116-118 Marine Parade.

MHNDU has designed the four-level building which will home just 10 apartments.

The residences will sit atop a stone clad basement level, which has been designed to appear as a landscaped podium.&nbsp;

The project will deliver a mix of apartment types; two one-bedroom, two two-bedroom, and six three-bedroom apartments, with three apartments to be dedicated to affordable housing.&nbsp;

The site is located in an area that is currently underdeveloped, but is zoned for higher density residential buildings in the future, with the desired future character of Marine Parade evident in the more recently constructed buildings further to the south of the site.&nbsp;

The combination of contemporary materials, colour palette and landscaping will provide a well-designed and high quality finish to the public domain and surrounding development, setting a precedent for contemporary development in the area.

The ground floor level will comprise two three-bedroom residences, each containing an open plan living, dining and kitchen area, a powder room, a laundry, three ensuites, a walk-in-robe and outdoor private open space wrapping around the apartment.

The first floor will include two one-bedroom units, again with an open-plan design, a bathroom, a laundry and private open space. The floor also has two two-bedroom apartments, each with a bathroom, a laundry, an ensuite and a walk-in-robe.

On the second floor, two three-bedroom ensuited apartments will be included, each with a powder room, a laundry and a walk-in-robe, with the third floor set to home the additional two three-bedroom apartments, each with ensuites, powder room, a laundry and a walk-in-robe.&nbsp;

All of the apartments will adjoin to private open spaces, in the form of balconies or courtyards, and while no communal open space has been proposed, the site benefits from its location near to Maroubra Beach, and a reserve directly across the road, which provides additional public recreation space.&nbsp;

The development will also include a total of 483 sqm of landscaped greenery at the front, rear and sides of the site, with the designs handled by Wyer &amp; Co. Landscape Design.&nbsp;

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