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 off the plan apartments

First home buyers are back in the market across Sydney.

Having left in droves following the RBA's quickfire burst of interest rate hikes, first home buyers are starting to emerge in the off the plan apartment space.

Data from Apartments.com.au's data product MatterFact shows a 30 per cent spike in enquiry from first home buyers in the first three months of 2024 compared to the last three months of 2023.

Compared to 12 months ago, first home buyer enquiry is up 35%.

The spike in enquiry is part due to more confidence in the interest rate having more than likely reached its ceiling, and part due to an increase in stock levels in more affordable projects. It's now been three consecutive months where the RBA has kept interest rates on hold, and the expectation is, despite higher than expected inflation figures in Q1, that rates will start to come down a few times in 2025, if not earlier.

Data from the ABS suggests first home buyers are too. Nationally first home buyers rose by 4.3 per cent to 9,377 of new loans written after a 5.6 per cent fall in January. In New South Wales first home buyer activity rose 6.4 per cent, double the rate of Queensland. First home buyer loans rose just 1.3 per cent in Victoria.

Dave Milton, CBRE Managing Director of Residential Projects, says they've seen first home buyer numbers increase by 11 per cent in the first four months of 2024 compared to 2023.

[smartcode_project:default project_id=112233 project_image_fid=221620]

Milton says the majority of those first home buyers (56 per cent), are seeking two-bedroom apartments rather than one-bedrooms.

"First home buyers are arguably the savviest cohort in the market at the moment," Milton says.

"They're calculating how much they can spend and they're moving quickly before there are price increases, which are happening across the whole market. They don't want to wait and find their budget, which could have got them a two-bedroom apartment a few months ago, now only gets them a one-bed."

The value of off the plan apartments is too rising quickly.&nbsp;The average sale price for first home buyers across CBRE's projects has jumped over 10 per cent year on year, from $748,000 to $827,000.

Most first home buyers are couples who are buying the more expensive two-beds, CBRE's data shows, happier to pay more for what they want rather than drop their requirements to fall under the government's stamp duty benefits.

The biggest increase in first home buyer activity has been in the Hills District, in particular in Castle Hill's Showground Precinct where CBRE is selling Deicorp's Hills Showground Village and The Ashford.

[smartcode_project:default project_id=133881 project_image_fid=209805]

"First home buyers are recognising the lifestyle Castle Hill offers, with the important driver the new Sydney Metro which will open in mid-2024 and connect Castle Hill to Barangaroo in 33 minutes," Milton says.

Then there's the evolution of the northwest growth corridor as a whole. Castle Hill has seen significant investment over the last five years, while its location on the fringe of Chatswood adds further connectivity and&nbsp;another retail precinct.

"It's now a convenient choice for young first home buyers, with access to both the city and an increasing amount of local amenity," Milton says, adding that demand from first home buyers is only likely to increase over the course of 2024.

Dave Milton, CBRE Managing Director of Residential Projects, says they've seen first home buyer numbers increase by 11 per cent in the first four months of 2024 compared to 2023

First home buyer activity lifts across Sydney's off the plan apartment market as interest rates steady

Billbergia has topped out Peake Tower, part of the second stage of its $2.5 billion Rhodes Central masterplan.

The 48-level Peake Tower is the tallest building in <a href="/new-apartments/rhodes-nsw-2138">Rhodes</a>, one of five in <a href="/new-apartments/rhodes-central-oasis-39-marquet-street-rhodes">Rhodes Central</a> that will deliver 3,500 new homes to Sydney's critically undersupplied housing market.

Stage two comprises a combined total of 674 apartments across two high-rise buildings, Peake Tower and Oasis. It will also see the delivery of $70 million in new community infrastructure - including a 9,100 sqm multipurpose community recreation and childcare centre - built in the precinct’s three-level podium through a planning agreement with City of Canada Bay.&nbsp;

&nbsp;

[smartcode_project:default project_id=112691 project_image_fid=196872]

“We are delighted to have reached this exciting milestone on Peake Tower, a critical step towards the completion of this new waterfront precinct at Rhodes," Rick Graf, <a href="/developers/billbergia">Billbergia</a> Development Director, said

"Our vision of creating a highly-connected new community is fast becoming a reality,” said Rick Graf, Development Director at Billbergia."

Located at 34 Walker Street, Peake Tower and Oasis were designed by high-profile architects <a href="/architects/sjb-architects">SJB</a>.&nbsp;

Rhodes Central’s Stage One comprises a total of 568 apartments across two buildings of 25 and 39 storeys. The towers sit above the award-winning, 13,000 sqm Rhodes Central super neighbourhood shopping centre, delivered by Billbergia in 2021.&nbsp;&nbsp;

A significant employment generator, some 10,000 direct and indirect jobs have been created to date by the construction of Rhodes Central, with at least a further 450 permanent jobs within the completed precinct.&nbsp;

Progressive completion of Peake Tower is due in Q3 2024.&nbsp;&nbsp;

[smartcode_project_cta:default project_id=112691]

Billbergia top out Rhodes tallest tower as Rhodes Central approaches completion

Fresh off the back of breaking the Coogee record for the most expensive piece of real estate in the beachside suburb, Sydney property developer Central Element (CE) has acquired its next development site.

They're heading to the Lower North Shore where they've paid $17 million for a site for a mixed-use seniors living project in&nbsp;<a href="/developments/greenwich-nsw-2065">Greenwich</a>.

The design will revolve around the concept of community, pushing the boundaries of form to facilitate shared living experiences and the coming together of those who share a passion for embracing life to the fullest in their later years.

The 1,232 sqm site at 126 Pacific Highway, sits in an elevated position with uninterrupted views of the Sydney Harbour Bridge and CBD skyline. With three street frontages, the site presents an opportunity for a ground-floor retail offering.

<img alt="Central Element acquire $17m Greenwich site" data-entity-type="file" data-entity-uuid="10f4b57f-711d-467b-8a19-1650b1bd497b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/image001.jpg?VersionId=_f4HCv7CsFQiU91187r5TgFZeflRorG4" />

<a href="/developers/central-element">Central Element</a> is planning an eight-level building with car parking, two and three-bedroom apartments, extensive communal space including internal amenity and a rooftop bar with expansive harbour views.

CE will work very closely with the Lane Cove Council having collaborated with them previously on its Aston and Battique developments in the local area.

<img alt="Central Element acquire $17m Greenwich site - view" data-entity-type="file" data-entity-uuid="2d262201-9ea3-4ede-87ed-3e2d52414aa6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/image003_0.jpg?VersionId=WVekYv8JuMYK_gt0fnpdBXPd.Kn4jYge" />

Nathan Chivas, Managing Director of Central Element, said they&nbsp;recognised the opportunity the Greenwich site presented for a world-class mixed-use seniors living development.

"Our intention is to create an environment for those over 60, that is hyper-focused on ageing well and enjoying their third phase of life," Chivas said.

"It’s conveniently located within a five-minute drive or a short walk of St Leonards Railway Station, Crows Nest Metro Station and Royal North Shore Hospital."

CE has previously delivered in the senior living sector. They've developed The Balmoral Collection in Mosman and Malton in Beecroft.

"We look forward to further redefining the seniors living category by catering to the ever-changing wants and needs of older Australians. With Greenwich, we will take a holistic approach to wellbeing, with a design and amenity that will promote daily movement, a shared community and purpose for its residents.”

CE will lodge the application in July, with construction commencing mid-2026.

Staff Writer

Central Element snap up $17 million Greenwich apartment site

Harry Seidler's McMahons Point apartment development, Blues Point Tower, is one of the revered architects' most iconic projects.&nbsp;

It's in one of the best spots in the harbourside suburb, just off Blues Point Reserve on Blues Point Road.&nbsp;

They've got the advantage of extensive Harbour views, and residents have convenient access to the city via the McMahons Point ferry. But the tower also stands as a sign of the times in McMahons Point. Most of the apartment developments are decades old.&nbsp;It's been years since a new apartment project was developed.

Cue a new boutique project on a near 1,000 sqm site at 1 Warung Street, under 200 metres from Seidler's landmark.

Vince Squillace's&nbsp;Squillace Architects has put the plans together for seven owner-occupier apartments for a company tied to developer Theo Paradisis from Highbury Group.

<img alt="McMahons" data-entity-type="file" data-entity-uuid="81b631bf-fd88-4c39-9e38-9954603cd967" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-04-19%20at%203.07.55%20pm.png?VersionId=blVzhQ6BvkzWLL.sWxp.XSc2OSVCac3t" />The proposed building at 1 Warung Street, McMahons Point

Squillace's Design Report said given the given the locality and context of the site, the unit mix, of six three-bedroom apartments and a four-bedroom penthouse, is appropriate for the local market. One and two-bedroom units are less appropriate for the site, they said.

"The proposed seven units responds to the planning controls imposed on the site, appropriately considers the local market demands and reduces what was previously an overdeveloped site which provided a higher number of units but poor amenity and an inferior product."

The current 1960s building homes 12 units, and there had been approval previously for a nine-unit development on the site.

<img alt="Squillace" data-entity-type="file" data-entity-uuid="9f4ef4a8-1561-4096-9f93-38e67ffc5b21" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-04-19%20at%203.08.13%20pm.png?VersionId=ZhRk2Ay5PpCdWi8erqaQTCtKX5aKIYTh" />The current building at 1 Warung Street, McMahons Point

Squillace said given the&nbsp;existing building is a 1960's residential flat building, it has been identified as an uncharacteristic item within the McMahons Point South Heritage Conservation Area, which is primarily a&nbsp;mix of Victorian and Federation 1920’s and 1930’s housing mixed with some Interwar residential flat buildings.

They said the aim is to "create a high-quality contemporary apartment building that makes a positive contribution to this unique and world-class harbour foreshore site whilst maximising views, sunlight, the natural beauty of this environment and enhancing the lives of its occupants."

First look exclusive: McMahons Point to get rare new apartment development

Luxury developer&nbsp;Central Element has broken all of Coogee's real estate records with the sale of the penthouse at their heritage restoration project, Ballamac House.

The three-bedroom penthouse sold for $20 million, the highest price paid for anything in Coogee.

The 241 sqm penthouse sold for just under $83,000 per sqm internally, and close to $90,000 per sqm when incorporating the 77 sqm of external space.

&nbsp;

The sale trumps the previous suburb record which was $13.1m for a four-bedroom house located on Wolseley Road, just a short distance from Wylie’s Baths ocean pool with views across Coogee beach to Wedding Cake Island.

The record for an apartment was previously held by the recent sale of $8.8m for a 286 sqm four-bedroom penthouse on Carr Street, with panoramic north-facing views across Coogee Beach to <a href="/new-apartments/clovelly-nsw-2031">Clovelly</a>, by former NSW premier Bob Carr.

It also beats the record in neighbouring South Coogee, which is $18.5m for the three-level five-bedroom clifftop residence at 1A Seaside Parade that was achieved earlier this year. Before that, the $16.85m for the Bunya Parade ‘Coogee Castle’ held the record, which was purchased by Fred Schebesta, the co-founder and CEO of the comparison website, Finder, in 2021.

CE’s <a href="/new-apartments/ballamac-house-39-arcadia-street-coogee">Ballamac House</a> has a long and colourful history – established by Charles Moore in 1860, the coveted estate has lived many lives over the years, as a private residence, hotel and infirmary, with many prominent figures passing through its doors.

CE will transform the site into eight prestigious three-bedroom oceanfront residences across two buildings.

The heritage Victorian house itself will undergo a meticulous restoration to reinstate it to its original grandeur as it is converted into two exquisite residences, with the further six dwellings sitting in a new building to the east with awe-inspiring ocean views. The project will launch to market later in the year.

The $20 million sale was to a local owner-occupier who fell in love with the history of the site and the uninterrupted views out to Wedding Cake Island that will be enjoyed from the building's elevated position on Coogee’s north headland.

Cameron Porter, Head of Sales at <a href="/developers/central-element">Central Element</a>, says Coogee is growing as a sought-after destination.

“We’re seeing a lot more buyers in that ultra-luxury downsizer market who would have traditionally been looking in Bondi and Bronte now turn to Coogee, with the suburbs elevated lifestyle offering," Porter says.

"The flurry of hot new restaurants Coogee’s seen appear in recent years, such as Yana and Louie, and of course Coogee Pavillion’s mimi’s, means locals have world-class dining as well as everything else the idyllic coastal suburb has to offer right on their doorstep."

Porter says they knew there was demand for premium apartments in the area following their success of their&nbsp;award-winning Anden Coogee project around the corner.

"With Ballamac House’s enviable location on Coogee’s north headland just up the road from mimi’s, combined with the quality of product that buyers know Central Element can deliver, we’re expecting this project to be snapped up as it launches to market later this year.”

[smartcode_project_cta:default project_id=141700]

Cameron Porter, Head of Sales at Central Element, says Coogee is growing as a sought-after destination

Central Element smash Coogee apartment record with $20 million Ballamac House penthouse sale

Wollongong is set for a new apartment tower.

Plans have been lodged by RM Developments for a $24 million project across a 2,700 sqm site at 41-47 Denison Street, right next to Wollongong Station and the <a href="/developments/wollongong-nsw-2500">Wollongong</a>&nbsp;town centre.&nbsp;

<a href="/architects/design-workshop-australia">Design Workshop Australia</a> (DWA) put together the plans for the 17-level, mixed-use commercial and residential building that will comprise 75 apartments above office tenancies and medical suites.

<img alt=" 41-47 Denison Street podium" data-entity-type="file" data-entity-uuid="cad14906-2cb3-4b4d-b0d8-0f1220d632b1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/41-47%20Denison%20Street.png?VersionId=aZyLqTBVu3wIMWmllD8B817nujiu92Ph" />

The proposal involves partial demolition of an Art Deco-styled brick building and at-grade car parking to make way for the mixed-use development. The podium design integrates the retained façade of the Art Deco building to connect neighbouring buildings and harmonises with Denison Street's streetscape.

DWA's proposal emphasises the importance of the preservation of the existing building fabric to maintain the area's character and inform the curvilinear visual language of the tower levels.

The tower's curved geometry provides a distinct building character, offers residents unique views, and prioritises solar access for residential units and communal open spaces while minimising the overshadowing of neighbouring sites. Balcony elements and glazed vertical elements add visual interest and depth to the tower.

<img alt="Wollongong" data-entity-type="file" data-entity-uuid="f30f9ebc-a75a-42ea-91ea-d790a84d69a7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-04-18%20at%2012.04.29%20pm.png?VersionId=H.NT1RhPGlDrZgO_ilBBZivAoiGJJJuT" />

The Design Excellence Report by GYDE Consulting suggested the&nbsp;proposed mixed-use development will provide high-quality commercial uses on the ground floor, enhancing the site’s public interface suitable to the streetscape and character of the locality, as well as a diverse range of apartment types.

There will be just six&nbsp;one-bedroom apartments, 67 two-beds and two three-bedroom units, as well as&nbsp;gardens on level one, seating areas, barbecue facilities, fitness areas on level nine, and a pool deck with lounging areas and an infinity edge pool on level 17. 151 parking spaces have been proposed for residential, commercial and visitor usage.

<img alt=" 41-47 Denison Street rooftop" data-entity-type="file" data-entity-uuid="f4aa75dc-5a9a-4d4a-97a4-210d08ddbaa5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/41-47%20Denison%20Street%20Rooftop.png?VersionId=ZV4igerSoNhscwx2jDmrA6sZJsCX0cPX" />

In line with best practices for Environmental Sustainable Design (ESD), the project also aims to incorporate various sustainable initiatives such as rainwater collection, deep soil planting, use of water-efficient fixtures, LED lighting, sustainable concrete components, and the potential for solar panels.&nbsp;

The development also plans to include electric car charge points and spaces to promote eco-friendly transportation.

The site's strategic location is within walking distance of key amenities such as Wollongong Train Station, Lowden Square bus interchange, Wollongong Hospital, and Wollongong Central Shopping Centre.

Plans have been lodged for a $24 million project across a 2,700 sqm site at 41-47 Denison Street, right next to Wollongong Station and the Wollongong town centre

First look: Wollongong's latest new apartment tower revealed

In the first four months of 2024, Lower North Shore developer WINIM has launched three new residential projects across their favoured Sydney region.

Following launches of apartments in <a href="/developments/mosman-nsw-2088">Mosman</a> and <a href="/developments/cremorne-nsw-2090">Cremorne</a>, <a href="/developers/winim">WINIM</a> has launched <a href="/new-townhouses/lume-gordon-43-47-dumaresq-street-gordon">Lume Gordon</a>, 14 townhouses ideally located just off Gordon's main retail strip and near&nbsp;<a href="/developments/gordon-nsw-2072">Gordon</a>&nbsp;Station.

They had their go-to architect <a href="/architects/rothelowman">Rothelowman</a> create the house-sized townhomes that offer three, four or five-bedroom configurations.

[smartcode_project:default project_id=7354 project_image_fid=269522]

Lume's architecture is characterised by traditional brick and timber expression. Integral to the design is a smooth, effortless transition from the interiors to the alfresco spaces.

&nbsp;

"Our vision was to create elegant, uplifting homes that draw on and positively contribute to the local character through meticulously considered design and an interaction with the surroundings," Gary Tsui of Rothelowman said.

The townhomes feature fireplaces, bespoke cabinetry, wine storage, and expansive alfresco entertaining terraces with a custom-created outdoor kitchen featuring an in-built barbeque and bench seating.

[smartcode_project:default project_id=7354 project_image_fid=269527]

Homeowners at Lume have the option to choose from two interior colour schemes. Amaroo reflects hues of the bushland, dappled light and pale gum trees, while Gully is inspired by stronger and deeper tones of the forest.

&nbsp;

In addition to the individual home amenities, residents of Lume also have access to a landscaped communal outdoor BBQ area, creating opportunities for social gatherings and community interactions.&nbsp;

[smartcode_project:default project_id=7354 project_image_fid=269521]

The development is designed to integrate with its natural surroundings, with a pathway connecting the residences to a natural creek bed and a raised boardwalk with seating areas.

"The private reserve adjoining Lume’s homes provided us with the rare opportunity to create a very special place for residents. Just as waterways carve their way through Kur-Ring-Gai’s landscape, a raised boardwalk weaves through the reserve, connecting the homes to this tranquil oasis," Ben Newell &amp; Kate Phillips of <a href="/landscape-architect/arcadia-landscape-architecture">Arcadia</a> Said.

[smartcode_project:default project_id=7354 project_image_fid=269529]

For those who prefer working outdoors, charging stations in the communal area enable a change of scenery while staying connected. This feature aligns with modern lifestyle preferences, offering flexibility and convenience to homeowners.

Lume's proximity to Gordon Village, train station, and shopping precinct, only 300 metres away, provides residents with convenient access to local amenities and services.

Residents can also explore the nearby St Johns Avenue multicultural culinary eat street, adding a diverse range of dining options to their lifestyle.

WINIM kicked off 2024 by launching <a href="/news/nsw/winim-reveal-huntington-residences-cremorne-luxury-apartment-development">Huntington Residences in Cremorne</a> in late January, before <a href="/news/nsw/winim-launch-second-apartment-development-in-2024-as-kl-o-mosman-hits-the-market">then revealing Kleo Mosman</a>.

[smartcode_project_cta:default project_id=7354]

WINIM kicked off 2024 by launching Huntington Residences in Cremorne in late January, before then revealing Kleo Mosman.

Launch Alert: Lume Gordon townhouses mark WINIM's third residential launch in 2024

Eastern Suburbs property seekers have been given one of the best opportunities to buy into the priciest region in Australia at prices not seen in years, with the release of the final apartments in Crown Group's award-winning development, The Grand Residences, Eastlakes.

Due to a shareholder dispute, Crown Group was placed into provisional liquidation in August 2023. The apartments are now being released to the market in an ordinary wind-down of the Group. &nbsp;

The first stage of the project was developed over a five-year period. Beneath the apartments there is a vibrant retail precinct with 15 retailers. Anchored by a large-format Aldi Supermarket, there is also a Woolworths Metro, Australia Post and a variety of speciality stores and services.

[smartcode_project:default project_id=7652 project_image_fid=262582]

Completed to much fanfare at the beginning of 2022, the first stage won the Urban Taskforce Australia Development Excellence Awards in the Mixed-Use Development category, one of the most prestigious awards a development can get in Australia.

Chair of the Urban Taskforce Judging Panel, Chris Johnson, said The Grand Residences by Crown Group represented an exemplary project in mixed-use developments and urban renewal.

“It will significantly revitalise this previously overlooked area of Sydney and create immeasurable benefits for the local community, allowing it to better meet the needs of the future forecast population growth,” Johnson said.

[smartcode_project:default project_id=7652 project_image_fid=262587]

Everything Crown Group has done well over the past decade is on show at The Grand Residences. Their commitment to producing larger apartments than the norm is apparent immediately, even with the one-bedroom units which span nearly 60 sqm and have a balcony off the open-plan kitchen, living and dining area. Every apartment within the complex has at least one car space.

Crown Group’s signature high-end amenity is also a key feature at The Grand Residences. On offer for residents is a 25-metre heated pool, gym, landscaped gardens, BBQ facilities, and rooftop deck with panoramic views.

[smartcode_project:default project_id=7652 project_image_fid=262600]

The Grand Residences offers a gateway into the Eastern Suburbs in terms of both affordability and location. The Evans Avenue address puts residents beside the growing inner-east suburbs of Alexandria and Rosebery. Rosebery has become a hotbed for creative business and coffee culture due to the popular retail and hospitality hub, the Cannery. As well as the thriving cafe scene, residents are also just a 10-minute drive to some of Sydney’s best beaches, the closest being Coogee.

[smartcode_project:default project_id=7652 project_image_fid=262585]

The provisional liquidators have appointed McGrath Projects and Crown Property Agency to assist with the sell-down of the development.&nbsp;

McGrath Projects and Crown Property Agency have already held a highly successful weekend launch of the apartments, which was attended by a mix of first home buyers, “rightsizers”, investors and owner-occupiers who see the value this Eastern Suburbs address provides.

McGrath Projects Director, Adam Sparkes, says the building offers incredible value for every cohort of buyers looking at the Eastern Suburbs.

“The building is achieving strong rental yields for the area, and since completion two years ago properties have been tightly held. The opportunity to buy at this price point and in this location isn’t likely to come around again.”

[smartcode_project_cta:default project_id=7652]

Final opportunity to buy in The Grand Residences, Eastlakes

National townhouse developer Metro Property Group is well advanced with its latest luxury Sydney townhouse development, Canopy in Crows Nest.

<a href="/buildings/canopy-crows-nest-23-27-wheatleigh-street-crows-nest">Canopy</a> brings just 10 contemporary townhouses to <a href="/developments/crows-nest-nsw-2065">Crows Nest</a>, set on a quiet residential street between St Leonards and Naremburn. Only three remain after being snapped up by locals during the build.

There are three and four-bedroom configurations on offer designed by <a href="/architects/corben-architects">Corben Architects</a>, each&nbsp;with landscaped gardens by <a href="/landscape-architect/arcadia-landscape-architecture">Arcadia</a>, designed for minimal maintenance.

[smartcode_project:default project_id=112885 project_image_fid=269237]

The architectural highlight of the project is the generously proportioned glass doors that offer uninterrupted views of the landscaped gardens and foster a connection between indoor and outdoor areas.

Native plants soften the modern building, while sculptural plants highlight the sunny yards.

&nbsp;

[smartcode_project:default project_id=112885 project_image_fid=269239]

Each townhome at Canopy comes with internal access from its lock-up garage and is serviced by a private internal lift for added convenience.&nbsp;

The residences feature chef's kitchens equipped with high-end European appliances and fixtures, including wine fridges and integrated refrigerators, with the option to upgrade to state-of-the-art Sub-Zero and Wolf appliances.

The contemporary bathrooms showcase a pared-back styling with muted shades and porcelain tiles, contributing to the overall modern aesthetic of the homes.

The townhomes are artfully composed with a calming colour palette, tactile finishes, and a considered lighting plan.

&nbsp;

[smartcode_project:default project_id=112885 project_image_fid=269241]

<a href="/developers/metro-property-group">Metro Property Group</a> also offers purchasers a unique opportunity to be part of the design process, allowing them to tailor spaces and interiors to suit their lifestyle preferences. Additional upgrades such as stone-clad Jetmaster fireplaces are available as centrepieces within the homes.

Canopy is strategically located close to North Shore's vibrant café culture, specialty stores, parklands, and the new Metro Line train service.

The development is on track for completion in mid-2024.

[smartcode_project_cta:default project_id=112885]

The townhomes are artfully composed with a calming colour palette, tactile finishes, and a considered lighting plan

Canopy Crows Nest luxury townhouses approach completion

Deicorp&nbsp;has revealed its plans for the largest stage in Castle Hill's $3 billion Showground Precinct.

They've filed a state significant development for a seven-building masterplan which will bring a further 873 apartments to the burgeoning district.

<a href="/developers/deicorp">Deicorp</a> is leading the charge in the Hills District, with <a href="/new-apartments/the-ashford-castle-hill-25-ashford-avenue-castle-hill">The Ashford</a> and <a href="/new-apartments/hills-showground-village-castle-hill-2-mandala-parade-castle-hill">Hills Showground Village</a> well underway in <a href="/new-apartments/castle-hill-nsw-2154">Castle Hill</a> and <a href="/new-apartments/tallawong-village-rouse-hill-shop-30-12-conferta-avenue-tallawong">Tallawong Village</a> in the neighbouring Rouse Hill.

Deicorp picked up the 2.73-hectare site at 3 Andalusian Way, Castle Hill, next to the Hills Showground Station, in late 2023 and have had Turner Studio design the seven buildings which will include a 3,200 sqm public park.&nbsp;

<img alt="Deicorp Turner" data-entity-type="file" data-entity-uuid="7ea7fd2e-d09c-4704-be45-8c64d3328356" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-04-16%20at%205.15.25%20pm_0.png?VersionId=Js9Zzb9Un0tAwt8mHRV1DcBgAz17R.WN" />

The plans by Turner said the design focuses on harmonizing the area’s natural and built environments to advocate community engagement.

Five per cent of the apartments will be reserved for affordable housing.

Deicorp's involvement in the Hills Showground Precinct is part of a larger urban renewal initiative in collaboration with Landcom and Sydney Metro.&nbsp;

<img alt="Metro Deicorp" data-entity-type="file" data-entity-uuid="16f41ba0-5834-40c4-b000-150c2ab78c75" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-04-16%20at%205.02.39%20pm_0.png?VersionId=ywPy0AZeArNeEvRTFMbXAcyqxF13Swv9" />

&nbsp;

The Showground Station Priority Precinct conceptualised nearly a decade ago, reflects ongoing efforts by both the NSW Government and Sydney Metro to promote transit-oriented development around key transport nodes, deliver much-needed housing, provide closer job opportunities, and support sustainable transportation practices.

The 2017 Showground Station Plan is forecast to deliver around 5,000 new homes and 2,300 jobs over the next 20 years.

The 2017 Showground Station Plan is forecast to deliver around 5,000 new homes and 2,300 jobs over the next 20 years

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