The residential transformation of St Kilda Road is set to continue into with more new apartment plans for the sought-after boulevard.

Wing Tai Asia has lodged plans for a major residential tower at 464-466 St Kilda Road, replacing the former VACC House with an 18-storey mixed-use development designed around a retained heritage podium and a sculpted contemporary tower.

The proposal, prepared under Victoria’s Significant Residential Development with Affordable Housing pathway, would deliver 325 apartments and ground-floor retail across the prominent 4,653 sqm boulevard site in Melbourne’s St Kilda Road North Precinct.

The project centres on the adaptive reuse of the site’s heritage-listed VACC Building, an eight-storey office designed by Bernard Evans that has occupied the address for decades. Planning documents state the development would involve “carefully dismantling and conserving off-site the original metal fabric of the podium visible from St Kilda Road,” before reinstating it as the defining frontage of the new scheme.

Above the restored podium, Wing Tai is proposing a curvilinear residential tower. The scheme includes 172 one-bedroom apartments, 63 two-bedroom apartments, 66 three-bedroom apartments, and 24 four-bedroom apartments, alongside two ground-floor food and beverage tenancies fronting St Kilda Road.

The tower has been designed with substantial articulation and variable setbacks to minimise perceived bulk and maintain view corridors along the boulevard. Urbis, which prepared the planning report, said the design “has been significantly articulated through a curvilinear design” with “an interplay with materials, façade expression and depth” to create visual separation and visual interest.

The proposal also includes 254 basement car spaces, landscaped pedestrian links connecting St Kilda Road and Queens Lane, and a biophilic landscape strategy featuring canopy trees, raised planters, cascading greenery and a glass oculus pool overlooking the eastern frontage.

Planning documents confirm the $270.1 million development will contribute 3 per cent of project costs to the Social Housing Growth Fund as part of the application process.

Wing Tai acquired the St Kilda Road property in 2018 alongside Abacus Property Group for $95.38 million, before later consolidating ownership of the site. The property previously served as the Victorian Automobile Chamber of Commerce headquarters for around 60 years.

The transformation of the St Kilda Rd boulevard is already beginning to materialise, with a number of high-profile projects recently completed, launched, or approaching launch as developers continue to back the long-term appeal of the precinct.

Among the most notable recent completions is Louise by Samuel Property Group, just off the strip on Queens Lane, the same pocket Hirsch &amp; Faigen recently launched The Queensbury. Mirvac is too on the same street with The Albertine, which is approaching completion.

Dexus recently secured approval for its slice of St Kilda Road, while Gurner also has approved plans for the precinct.

Joel Robinson

Wing Tai unveils 325-apartment St Kilda Road tower on former VACC House site

Malaysian developer <a href="https://www.apartments.com.au/developers/s-p-setia">SP Setia</a> is the latest to jump into St Leonards booming Transport Oriented Development precinct.

The developer, which has previously delivered Sapphire by the Gardens apartment development in Melbourne, identified the Atchison Street site in 2023. It filed a Scoping Report around 12 months ago, and now has revealed the designs for the new&nbsp;40-storey mixed-use tower.

The State Significant Development Application covers <a href="https://next-portal.urban.com.au/projects/14650/summary">20-22 Atchison Street</a>, a 1,374 sqm site positioned between St Leonards Station and the new Crows Nest Metro station.

Designed by <a href="https://www.apartments.com.au/architects/cox-architecture">COX Architecture</a>, the project would deliver 181 apartments, above a four-storey commercial podium, five basement levels, and new public domain works along Mitchell Street. The apartment mix comprises 35 one-bedroom apartments, 39 one-bedroom-plus-study apartments, 85 two-bedroom apartments, and 22 three-bedroom residences.

The proposal has been lodged as a shop-top housing development under the NSW Government’s TOD planning pathway, which allows increased density around key transport infrastructure. The site sits within the recently rezoned Crows Nest Accelerated TOD Precinct.

<img alt="First look: SP Setia targets St Leonards skyline with 40-storey TOD tower" data-entity-type="file" data-entity-uuid="b799673d-48e2-46b0-801a-0e33a9330100" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/atchinson%20site.png?VersionId=dPh0UfwfaHpbFL1R7H1cbZNbIW0CHbCC" />

SP Setia acquired the Atchison Street site as part of its continued expansion into the Australian apartment market. In comments made to City &amp; Country (The Edge Malaysia) in 2023, SP Setia President and CEO Datuk Choong Kai Wai described the acquisition as “a strategic move” aligned with the group’s post-pandemic market recovery strategy.

“Our target for this exceptional development is local and overseas buyers, including first-home buyers, downsizers and investors,” Choong said.

The tower has been designed as a slender vertical form rising from a mixed-use podium, with COX Architecture positioning the development as a response to the evolving St Leonards and Crows Nest skyline.

“The purpose of the project is to facilitate the delivery of high-quality housing at a strategically located site and deliver a built tower outcome that is consistent with the desired future character of St Leonards and aligns with the TOD controls,” the design report stated.

<img alt="First look: SP Setia targets St Leonards skyline with 40-storey TOD tower" data-entity-type="file" data-entity-uuid="b1a85eee-76f7-436c-a6da-73ba827b9b13" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/atchinson%20entry.png?VersionId=dA9jHGPMcm.dDbwk4QfxqWiY5bfh3UVt" />

The podium would incorporate retail uses fronting Atchison Street, commercial tenancies, landscaped communal areas, and pedestrian improvements along Mitchell Street. Vehicle access and loading would be consolidated via Atchison Lane.

Residents would have access to more than 665 sqm of communal indoor and outdoor spaces, while the development proposes 96 parking spaces across five basement levels.

The proposal also includes a commitment for 10 per cent of residential floor space to be allocated toward affordable housing through a monetary contribution.

COX said the tower form responds directly to the emerging high-density character of the precinct while seeking to maximise solar access, cross ventilation, and outlook from apartments.

<img alt="First look: SP Setia targets St Leonards skyline with 40-storey TOD tower" data-entity-type="file" data-entity-uuid="2163f85c-f63b-4be3-aafa-f8763976cec5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Article%20Feature%20Image%20%28Grid%29_5.png?VersionId=WiAmtIKJ6.ZQ41EtYEQ1fol7AeorKBlL" />

“The building is orientated towards north,” the Apartment Design Guide compliance report noted, adding that the tower’s slim form was driven by the constrained inner-urban site dimensions.

The design also incorporates landscaped setbacks and communal open space at podium level, intended to soften the interface with surrounding streets and improve pedestrian amenity.

The project adds to a growing wave of redevelopment proposals reshaping St Leonards and Crows Nest following the opening of the Sydney Metro City line and the NSW Government’s push for higher-density housing around major transport nodes.

Last week Stockland filed plans just down the road. They want to build a <a href="https://www.apartments.com.au/new-apartments/601-pacific-highway-st-leonards-nsw-2065">52-storey tower on Pacific Highway</a>.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/first-look-stockland-plans-52-storey-538-apartment-st-leonards-tower">First look: Stockland plans 52-storey, 538-apartment St Leonards tower&nbsp;</a>

First look: SP Setia targets St Leonards skyline with 40-storey TOD tower

<a href="https://www.apartments.com.au/developers/urban-property-group">Urban Property Group</a> has revealed plans for a new mixed-use tower at 10 Dangar Street, Wickham, advancing a proposal that would reshape the southern gateway to Newcastle’s city centre with one of the city’s tallest residential buildings.

The State Significant Development proposal, now on exhibition, seeks approval for a <a href="https://www.apartments.com.au/new-apartments/bowline-10-dangar-street-wickham-nsw-2293">43-storey tower</a> immediately adjacent to the Newcastle Interchange. The project would deliver around 200 apartments, including 42 affordable housing dwellings, alongside 99 co-living units, a 171-room hotel, retail space, and new public domain integrated through the site.

The scheme marks a significant escalation of plans previously approved for the site. Urban Property Group took over the prominent 2,904 sqm parcel, where excavation and demolition had already commenced under an earlier consent for a 14-storey mixed-use development.

<img alt="First look: Urban Property Group unveils Newcastle’s next supertower at Wickham interchange" data-entity-type="file" data-entity-uuid="58a96dd9-407f-4d20-86b4-94e4bfeef74b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/wickham%20podium.png?VersionId=LGlf08pdFGAZDzvx_CXC4XakHNZRuEE0" />

Designed by <a href="https://www.apartments.com.au/architects/sjb-architects">SJB</a>, the tower has been conceived as a landmark transit-oriented development anchored to the Newcastle Interchange precinct. The proposal includes 245 build-to-sell apartments across a mix of one, two, and three-bedroom residences, as well as two penthouses. Fifteen apartments and one operational unit are earmarked for NDIS housing. The co-living component would add a further 99 units, while the podium would accommodate retail uses and hotel facilities.

SJB said the site presents “a valuable opportunity to anchor the precinct by setting the standard for design, active ground planes and character at the key southern gateway.”

The architecture responds directly to the site’s position beside major transport infrastructure and within one of Newcastle’s fastest-evolving urban renewal precincts. The tower form sits above a sculpted podium designed to frame new public spaces, including a through-site pedestrian link connecting Station Street to Hannell Street, landscaped plazas, and activated retail edges.

<img alt="First look: Urban Property Group unveils Newcastle’s next supertower at Wickham interchange" data-entity-type="file" data-entity-uuid="a7bd6ff0-f7db-4ce8-a6dc-ea56e72c6149" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/wickham%20lanne.png?VersionId=xzf39VADyhj7zBQY2I9fx9vI62u2tuSb" />

The design report describes the project as part of the broader transition of Wickham into “a vibrant, high-quality mixed-use urban precinct” that leverages proximity to the station, open space, and regional connectivity.

A detailed public art strategy has also been prepared for the development. The strategy positions the project as “a transit-oriented development of state significance at the gateway to Newcastle’s city centre” and outlines a series of integrated artworks responding to Newcastle’s industrial and transport heritage.

Creative Road’s curatorial framework for the project, titled Unveil, draws on “stratified surfaces, carved volumes, and light-filled apertures” while referencing Newcastle’s transformation from an industrial city into a contemporary education and technology hub.

<img alt="First look: Urban Property Group unveils Newcastle’s next supertower at Wickham interchange" data-entity-type="file" data-entity-uuid="77a882bb-14b1-4d28-99ff-9438e39508c0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/wickham%20site.png?VersionId=cevgo_vN0eKPK78P8YcEu3mKPLkpFqE7" />

The proposal is being advanced through the NSW Housing Delivery Authority pathway after being declared State Significant Development in June 2025. The accompanying scoping report states the development aims to “maximise the site’s proximity to the Newcastle Interchange by delivering transit-oriented development” while increasing housing supply and affordable housing provision within the Newcastle LGA.

Urban Property Group’s plans align with the long-term strategic vision established under the Wickham Master Plan, which identified the interchange precinct as suitable for substantial uplift in height and density. The current proposal would significantly intensify that vision, positioning the tower among the tallest developments proposed for Newcastle.

The site sits immediately north of the Newcastle Interchange, bounded by Dangar Street, Hannell Street, and Charles Street. It is surrounded by a rapidly growing cluster of residential towers and mixed-use projects that have emerged following the completion of the light rail and transport interchange.

First look: Urban Property Group unveils Newcastle’s latest tower at Wickham interchange

Bottega House has completed settlement of a landmark riverfront site in Macquarie Street, St Lucia, representing its first major Brisbane development.&nbsp;

Positioned on the banks of the Brisbane River, the <a href="https://www.apartments.com.au/new-apartments/180-macquarie-street-st-lucia-qld-4067">premium site at 180 Macquarie Street</a> features uninterrupted river frontage in one of Brisbane’s most tightly held residential precincts.&nbsp;

The proposed development, currently under assessment with Brisbane City Council, has been designed by <a href="https://www.apartments.com.au/architects/plus-studio">Plus Studio</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/mim-design">Mim Design</a> and will deliver a boutique collection of premium residences positioned specifically for owner occupiers and downsizers.&nbsp;

The residences are set to redefine luxury apartment living in the area, with a focus on architectural quality, refined finishes, landscape integration and elevated amenities including curated wellness facilities, resort-style pools and recreation spaces rarely seen in the local market.&nbsp;

Exclusive sales for the project will be led by Keenan &amp; Byrne, ahead of an anticipated launch later this year.&nbsp;

Bottega House Managing Director Nick Malloch said the project reflects the group’s ambition to deliver a highly curated residential offering within one of Brisbane’s most tightly held precincts.&nbsp;

“This is an incredibly rare riverfront opportunity and one we have approached with a long-term perspective,” Malloch said.&nbsp;

“Our vision from the outset was to create a boutique collection of residences that feel more like private homes than traditional apartments, with generous proportions, refined finishes and exceptional amenity throughout."

Malloch says there is a&nbsp;lack of premium owner-occupier stock of this quality in the market, particularly for downsizers wanting space, privacy and a true lifestyle offering without compromise.&nbsp;

"Demand is expected to be strong given the scarcity of premium riverfront opportunities of this nature within Brisbane’s inner-west."&nbsp;

Bottega House secures landmark riverfront site in St Lucia 

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The arrival of the first piling rig officially marks the commencement of construction at SIERA’s new beachside apartment development, Exhale, in Northcliffe.

<a href="https://www.apartments.com.au/new-apartments/exhale-surfers-paradise-8-enderley-avenue-surfers-paradise-qld-4217">Exhale</a>, a glass-encased tower featuring 54 large-scale apartments at 8 Enderley Avenue, is SIERA’s third Gold Coast development. It follows the recently completed PIPIS Bilinga beachfront project, which achieved suburb-record prices, and the soon-to-be-completed Chevron Island development, Tapestry.

[smartcode_project:default project_id=112661 project_image_fid=359603]

<a href="https://www.apartments.com.au/developers/siera">SIERA</a> Founder and Managing Director Brent Thompson said the arrival of the piling rig represented a significant milestone for the development, which is scheduled for completion in late 2028.

Over the next month, around 260 piles are expected to be installed as work progresses on the basement structure. The building is anticipated to rise above ground level early next year, before unveiling its sculptural glass curtain wall, developed in collaboration with specialist façade engineers.

“The façade was designed to maximise panoramic coastal views while creating a distinctive architectural identity,” Thompson said.

[smartcode_project:default project_id=112661 project_image_fid=355935]

Designed by BDA Architecture, Exhale will comprise just 54 two- and three-bedroom residences across 26 levels, a level of low-density living rarely delivered in this beachside pocket between Surfers Paradise and Broadbeach.

The project has been conceived as a resident-only building, with no short-stay accommodation permitted. SIERA says the model is intended to appeal to long-term owner-occupiers rather than transient holiday demand.

[smartcode_project:default project_id=112661 project_image_fid=361052]

Residences have been designed with large-format layouts and expansive glazing, with most apartments featuring more than 30 metres of glass frontage to maximise natural light and ocean views.

The amenity offering spans two levels and centres on wellness and lifestyle, including a heated magnesium pool, sauna, yoga and Pilates studio, gymnasium, private dining facilities, cinema lounge, and dedicated surfcraft storage.

[smartcode_project:default project_id=112661 project_image_fid=359607]

More than half of the apartments have already sold. SIERA has also opened a sales gallery for Exhale at its Chevron Island commercial premises, near its Tapestry tower and the site of its second Chevron Island apartment development, which is slated to launch in early 2027.
</section>
</section>

[smartcode_project_cta:default project_id=112661]

SIERA kicks off construction at Northcliffe tower Exhale

Sydney off the plan apartments

Almost every Sydney suburb, at one time or another, will go through its gentrification phase.

Surry Hills was traditionally a working-class area in the 1980s and 1990s before it gentrified to the point that buying into the suburb has become out of reach for the majority.

The likes of the adjoining Redfern, Newtown and Darlinghurst have all been subject to gentrification over the last few decades, resulting in significant growth in property values.

Now seems to be the turn of Merrylands, the small suburb next door to Parramatta.

Research from property data analytics firm CoreLogic suggests property in <a href="/new-apartments/merrylands-nsw-2160">Merrylands</a>, and the adjoining Guilford, has been the strongest performing suburb in any Sydney suburb, at the top of the food chain with the southern end of the Eastern Suburbs.

Their data suggests dwelling values, which incorporate both houses and apartments, have risen just shy of 15 per cent in the 12 months to April, significantly higher than the 9.6 per cent growth Sydney-wide over the same period.

Buoyed by their involvement in the growing area is diversified property developer <a href="/developers/coronation-property">Coronation Property Group</a>, who is well advanced in the construction of their $650 million Merrylands masterplan, <a href="/buildings/mason-main-merrylands-245-merrylands-road-merrylands-nsw-2160">Mason &amp; Main</a>.

[smartcode_project:default project_id=31751 project_image_fid=161007]

Mason &amp; Main has been designed to be the leader of gentrification in the area, with not only an influx of well-designed apartments by Woods Bagot, but to create a central precinct that goes beyond the four walls of the home.

The five towers, a mix of build-to-rent and build-to-sell, will sit above a cool 'Eat Street', which is expected to be open later this year, with a string of yet-to-be-announced hospitality venues and retailers set to create an all-round lifestyle hub for both residents of Mason &amp; Main as well as the wider community.

[smartcode_project:default project_id=31751 project_image_fid=161005]

Coronation already announced the tenancy of One Playground, the popular nightclub-like workout venture that has gyms in Newtown and Marrickville.&nbsp;

A big driver in gentrification is how connected a suburb is. The more well-connected the suburb, the more likely population will grow. And with population growth comes investment.

Coronation has long known the importance of developing in a connected suburb. Mason &amp; Main is less than 400 metres from Merrylands Station, which is one stop from Parramatta Station and a short-minute commute into Central Station.

Everything is at the foot of the masterplan. Stockland Merrylands, with 180 retailers and anchored by a Woolworths, Coles, Aldi and a Kmart sits behind the project, while the Merrylands RSL, Billabong Hotel, and Merrylands best restaurants, are all centred around the heritage-listed train station.

North of Mason &amp; Main is&nbsp;Holroyd Gardens Nature Reserve, home to a number of&nbsp;playgrounds, bicycle training track, picnic areas and walking trails, while Merrylands Park and Granville Park give further nature options.

One, two and three-bedroom apartments are selling at Mason &amp; Main, and are catching the attention of every market, from first home buyers and investors to young families and downsizers.

[smartcode_project_cta:default project_id=31751]

How the small western suburb of Merrylands is undergoing a drastic gentrification

The Sydney unit market continued to outperform house market growth in 2024, property data analytics firm CoreLogic found.

CoreLogic’s Monthly Hedonic Index showed the median value of units, which incorporates both townhouses and apartments, rose by 0.4 per cent in March to be one per cent up over 2024. Comparatively, house values rose 0.3 per cent in March to be 0.9 per cent up so far this year.&nbsp;

Sydney's median unit value is now at $839,000, compared to the median house value of $1,414,000.

March marked the 14th straight month of the house market upswing.&nbsp;Since declining -7.5 per cent between April 2022 and January 2023, the national home value index has increased 10.2 per cent, or, in dollar terms, by around $71,832, rising to new record highs each month since November last year.

<h2>What happened in Sydney's off the plan apartment market in March?</h2>

Sydney's off the plan apartment market could see an increased demand in 2024 as Sydneysiders grapple with the cost of living in the most expensive capital in the country, Charter Keck Cramer forecast.

The property advisory giant's Metro Sydney State of the Market H2 2023 said there is considered an enhanced opportunity for apartment projects to receive increased demand in the Harbour capital, given that buy-to-sell apartments represent the most affordable dwelling typology. They note however there needs to be an expectation recalibration due to budget constraints.

CKC believes the “cascade" effect will continue to play out in 2024. "The “cascade” effect can be described as the trade-off/s made by occupiers in terms of the type of housing, number of bedrooms, location, type of tenure and number of people per household," the report read, adding that the trade-offs are primarily driven by buy or rent price points and availability of stock."

However, while the "cascade" effect may influence some buyers to prioritise affordability, there is still a significant market segment interested in apartments at the higher end of the market. Revelling in the demand is Aqualand's <a href="/buildings/aura-by-aqualand-north-sydney-168-walker-street-north-sydney-nsw-2060">AURA by Aqualand</a> and First Quadrant Properties recently launched Willoughby Grounds.

<a href="/developers/aqualand-australia">Aqualand</a> recorded over $100 million in sales in February at the North Sydney apartment development, set to be completed later this year. It was their biggest sales month to date, not including the month the project was launched in.

&nbsp;

[smartcode_project:default project_id=30959 project_image_fid=253830]

Aqualand’s Head of Sales and Marketing, Alex Adams, said the figure represented the biggest jump in sales activity on any project he’d experienced.

“We’ve found potential buyers who had previously enquired, but weren’t quite ready to commit, have recently returned to the market. Those waiting to transact closer to the building’s completion have now seen its construction progress and have made the decision to buy,” Adams said.

Families continue to be the lead clientele, while the stabilising interest rates, and the ability to now see the product at the new display apartments, are also attracting more investors, who are showing more interest in their searches.&nbsp;

Recently, downsizers have also come back, with more four-bedroom sales at around $7 million.

“With the housing market stabilising, and even increasing, they now have confidence in selling their home. Also, with the interest rates steadying they can list their homes until they get the price they want."

Read more:&nbsp;<a href="/news/nsw/aura-by-aqualand-secures-record-100-million-in-sales-in-february">AURA by Aqualand secures record $100 million in sales in February</a>

It's been a similar story at&nbsp;<a href="/new-apartments/willoughby-grounds-5-walter-street-willoughby">Willoughby Grounds</a> on the Lower North Shore, where buyers have snapped up the largest apartments of all, which saw apartments amalgamated in the plans to create more of the larger scale homes.

[smartcode_project:default project_id=30959 project_image_fid=218392]

<a href="/project-marketer/link-project-marketing-0">LINK Project Marketing</a> Director Ben Hamblett says they've created something that fits a major gap in the market.

"Four-bedroom apartments don't exist in Willoughby, even in some of the other new developments. However there is a strong underlying demand for them," Hamblett says, adding that the only opportunity to buy four bedrooms is in the housing market, and that can cost upwards of $4 million.

Indeed since the launch of the project, which will be delivered in five stages housing a total of 160 apartments, reflective of the number of buildings there are in the mini-masterplan, over 20 per cent of the enquiry on Urban have been on the four-bedroom configurations, with a further 20 per cent on the large, 200 sqm three-bed apartments on offer.

Read more:&nbsp;<a href="/news/nsw/buyers-look-for-size-on-sydneys-lower-north-shore-as-large-apartments-snapped-up-at-willoughby-grounds">Buyers look for size on Sydney's Lower North Shore as large apartments snapped up at Willoughby Grounds</a>

&nbsp;

[smartcode_project:default project_id=135512 project_image_fid=251218]

There's also been great success at&nbsp;<a href="/developers/podia">Podia</a>'s new luxury&nbsp;<a href="/developments/neutral-bay-nsw-2089">Neutral Bay</a> apartment development, <a href="/new-apartments/wirra-neutral-bay">Wirra</a>, where the penthouse sold for $13 million.

&nbsp;

&nbsp;

The size of the apartment, at 200 sqm, and the location of Wirra, on Ben Boyd Road next to Neutral Bay Village, were the two contributing factors for the local downsizing couple. The apartment has three bedrooms, four bathrooms, and parking for three cars.&nbsp;

Read more:&nbsp;<a href="/news/nsw/13-million-wirra-penthouse-sets-neutral-bay-off-the-plan-apartment-record">$13 million Wirra penthouse sets Neutral Bay off the plan apartment record</a>

[smartcode_project:default project_id=112750 project_image_fid=232634]

Luxury apartment developer <a href="/developers/central-element">Central Element</a>&nbsp;filed plans for their $50 million Bondi Beach site in March. They're planning seven luxury residences on the amalgamated 2,050 sqm site fronting Sandridge and Wilga streets.

At the top of the site fronting Sandridge Street, there will be two duplex-style homes above a turntable parking system which will offer each residence two parking spaces.

Read more:&nbsp;<a href="/news/nsw/first-look-exclusive-central-elements-ultra-luxe-bondi-beach-plans-revealed">First look exclusive: Central Element's ultra-luxe Bondi Beach plans revealed</a>

[smartcode_project:default project_id=112253 project_image_fid=193246]

Sydney builder developer <a href="/developers/coronation-property">Coronation Property Group</a> has also kicked off construction on the second stage of their Ashbury Terraces residential project in Sydney's inner west.&nbsp;

Ashbury Terraces, designed by acclaimed architects <a href="/architects/sjb-architects">SJB</a>, will be a combination of 127 apartments and townhouses on a sprawling 16,500 sqm site on Milton Street in <a href="/developments/ashbury-nsw-2193">Ashbury</a>, complemented by a range of communal amenities, green spaces and landscaping by Daniel Baffsky of 360 Degrees.

[smartcode_project:default project_id=112966 project_image_fid=213736]

Prominent Lower North Shore apartment developer <a href="/developers/abadeen-group">Abadeen Group</a>&nbsp;appointed iCIRT-rated <a href="/developers/decode-group">Decode Group</a> as the builder for two of their upcoming residential developments in March.

They'll be building&nbsp;<a>The Villas</a> in Neutral Bay and <a>Northcote Collective</a> in Naremburn.

<a href="/new-apartments/the-villas-neutral-bay-7-11-premier-street-neutral-bay">The Villas</a>, located on Premier Street near Forsyth Park, is a five-level residential development comprising 18 spacious two and three-bedroom apartments, while&nbsp;<a href="/new-apartments/northcote-collective-naremburn-2-6-northcote-street-naremburn">Northcote Collective</a> will bring the first new residential project in <a href="/developments/naremburn-nsw-2065">Naremburn</a> for several years, offering 58 Rothelowman-designed apartments across a seven-storey and four-storey residential building.&nbsp;

[smartcode_project:default project_id=112613 project_image_fid=231687]

<a href="/developers/thirdi-group">Third.i Group</a> has also appointed iCIRT-rated builder <a href="/builders/dilcara">Dilcara</a> as the builder for its boutique <a href="/developments/potts-point-nsw-2011">Potts Point</a> apartment development, <a href="/new-apartments/muse-potts-point-30-34-brougham-street-potts-point">Muse</a>.

Charter Keck Cramer believe that, with expected rate cuts, or at least rate retention, coupled with the introduction of Federal Government Stage 3 tax cuts, the outlook for the residential property market is expected to be more favourable by mid-2024.

What happened in Sydney's off the plan apartment market in March 

City Beat April 2024: Sydney unit growth continues to outstrip houses in 2024

Supermarket giant Woolworths has achieved a significant milestone in its plans for a mixed-use retail and residential development in <a href="/new-apartments/rose-bay-nsw-2029">Rose Bay</a>.

They've secure a Gateway Determination for their prime 1,561 sqm site on the corner of Old South Head Road and Albemarle Road, where they intend on developing a two-level Woolworths underneath 13 owner-occupier, luxury apartments designed by&nbsp;<a href="/architects/pbd-architects">PBD Architects</a>.

The apartments have been designed to ensure privacy for nearby homes, incorporating a landscaped 'pocket park' and setbacks on the upper floors.&nbsp;

<img alt="Woolowrths" data-entity-type="file" data-entity-uuid="25dc9fa6-d889-45ab-beb7-e59a559803f9" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-04-04%20at%202.57.46%20pm.png?VersionId=NnwMtAeOeGFu2T3pl4cLrJS0LA_u70TZ" />

The <a href="/new-apartments/sydney-nsw">Sydney</a> Eastern City Planning Panel acknowledged the strategic and site-specific merit of the proposal in November 2023, leading to a recommendation and later on the issuance of Gateway Determination from the Department of Planning, Housing, and Infrastructure in February 2024.

This determination signifies a green light for the project to progress to public exhibition.

<img alt="Woolworths Property receive Gateway Determination - Rose Bay" data-entity-type="file" data-entity-uuid="1bfb8c74-4fde-4e15-85b5-ab89a645df40" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Woolworths%20Site.png?VersionId=q3evQEchUsIWQUIr.WAjyWf3P4x_3I8K" />

Undertaken in consultation with the community and Council, Woolworths Property's proposal aligns with the goals outlined in Woollahra Council’s Development Control Plan 2015, specifically targeting the Rose Bay South Mixed Use Centre as a 'Key Corner Gateway' site.&nbsp;

Currently, the site is home to a Caltex Service Station.

The Sydney Eastern City Planning Panel acknowledged the strategic and site-specific merit of the proposal in November 2023

Staff Writer

Woolworths take big step forward for shoptop Rose Bay development

Wahroonga is set for a rare new apartment development with the upcoming launch of The Residences, marking the first stage of the&nbsp;regeneration of a 64-hectare site on Sydney’s Upper North Shore.

Developer <a href="/developers/capital-corporation">Capital Corporation</a> has lifted the lid on the first opportunity in what will become a thriving new precinct in Wahroonga, with the first release of apartments coming soon.

[smartcode_project:default project_id=135247 project_image_fid=262185]

The Residences, the first new development in Wahroonga for several years, has been designed by&nbsp;international award-winning architects&nbsp;<a href="/architects/group-gsa">Group GSA</a>&nbsp;with interiors by&nbsp;<a href="/interior-designers/coco-republic-interior-design">Coco Republic</a>.

There are one, two and three-bedroom configurations on offer, catering to a wide range of buyers. The apartments have been designed to maximise views of the surrounding tree canopy and leafy ridgeline.

[smartcode_project:default project_id=135247 project_image_fid=262184]

Floor-to-ceiling glass windows and doors provide connection to the outdoors, whether it be a balcony or a garden courtyard. The one and two-bedroom apartments have one parking space, while the three-bedroom apartments have two.

The Residences will also have on-site amenities available, including a private pet-friendly "Green Spine" with exercise and relaxation zones, a BBQ pavilion, a dog wash bay, and a lounge equipped with a large boardroom-style table and kitchenette, ideal for remote work or social gatherings.

[smartcode_project:default project_id=135247 project_image_fid=262186]

The location of The Residences on Fox Valley Road puts future residents near the vibrant villages of both <a href="/new-apartments/wahroonga-nsw-2076">Wahroonga</a> and <a href="/new-apartments/turramurra-nsw-2074">Turramurra</a>, in the heart of some of the best educational institutes in Sydney and&nbsp;and 100m to the renowned San Hospital.

[smartcode_project_cta:default project_id=135247]

Wahroonga welcomes rare new apartment development as The Residences approaches launch

National apartment developer GURNER™ has submitted revised plans for its $800 million Barangaroo apartment development.

The plans – a modification to the existing approved scheme – will be mostly focused on the internal design to deliver a high-end vision aimed at owner-occupiers, including more three-bedroom residences, a reduction in apartments from 125 to 91, and an increased focus on health and wellness amenities and resident services akin to the best hotels in the world.

The revised scheme will take all the learnings from GURNER™'s Saint Moritz and Hawksburn Place, both of which set a new benchmark for high-end living in Melbourne, and bring it to the Sydney market at the landmark harbour site.

The new vision includes a strong focus on high-end amenity and service, more of which will be revealed closer to launch in mid-2025.

The crown jewel of the new scheme will be an opulent 400 sqm, double-level penthouse that will afford unrivalled views across Sydney Harbour.

At the ground floor, 189 Kent Street will feature a new restaurant and bar, and large lobbies for residents. This will come with further resident-focused services like a concierge, butler, prestige car share, and on-site health and wellness practitioners.

Most of the three and four-bedroom residences will be full-floor apartments of circa 250 sqm, with private lift access and outdoor terraces, affording panoramic views of the CBD skyline and across Sydney Harbour.

The building is designed by FJC Studio, which won an international design competition to lead the architecture.

Tim Gurner called the Kent Street site "one of Australia's most important sites."

"We are very focused on bringing our signature high-end residences to the location, where owners can live their ultimate life with unsurpassed views of the harbour.

“We get many enquiries from Sydney residents wanting us to bring the prestige, amenity and service of Saint Moritz to Sydney, and that is exactly what we will be doing.

“The building is now fully focused on owner-occupiers, with large two, three and four-bedroom options that are almost all full-floor residences, with direct access lifts, incredible views and very high security."

Gurner said they know the&nbsp;appetite is there for larger floorplans, particularly if they’re full-level, for wealthy downsizers and right-sizers, high net-worth individuals and international buyers, who are flooding back into the Australian market.

Tim Gurner called the Kent Street site "one of Australia's most important sites."

Gurner revises luxury Barangaroo apartment tower plans

Tim Gurner's&nbsp;GURNER™&nbsp;has put its foot on the accelerator in Australia's property market.

For years Gurner was well known for his high-end, boutique apartment developments dotted across some of Melbourne's coolest suburbs, as well as wellness facilities only accessible by Melbourne's elite.

Now the developer, with a development pipeline well into the billions of dollars, is operating across four states, with key, game-changing projects in both his native Melbourne as well as in Adelaide, Sydney and the Gold Coast. There's even a hotel-like project in Port Douglas in the mix.

&nbsp;

Tim Gurner says they have strong convictions in the Melbourne market, as well as Australia more broadly.

"Record-low supply continues to strain the market and isn’t showing any sign of improving any time soon," Gurner says.

"Meanwhile, demand is soaring, and planning issues, government inaction and record population growth have stretched supply even further.

"Governments Australia-wide simply must take more action to unlock housing supply, starting with bringing back stamp duty exemptions and encouraging foreign buyers back into the market. If there’s no action, this problem is going to become an inter-generational issue."

While Gurner's boutique arm will aim to deliver six to eight small-scale, luxury developments per year, it's Gurner's city-shaping projects which are catching the eye. It's these projects that Gurner says&nbsp;are the only real solutions to the current supply issues.

"We need more residences that meet different sectors of the market from short and long-term rentals through to build-to-rent offerings, alongside quality build-to-sell housing stock that’s anchored with true mixed-use offerings to create community and place-making, so that we can not only cater to record-high demand but create new cities that look to the future needs of those who live here&nbsp;

"The fundamental problem facing most capital cities is that it’s extremely challenging to deliver new supply – this is pushing prices up, having a knock-on effect of higher rents and resulting in record-low vacancy rates across most of the country."

We're going to take a look at every major development Gurner has across the country.

<h2>Location: Docklands, Melbourne</h2>

<h2>Project: Elysium Fields</h2>

<h3>Address: 208-226 Harbour Esplanade, Docklands</h3>

GURNER™ has recently submitted plans for the first stage of its <a href="/developments/docklands-vic-3008">Docklands</a> mega-project, Elysium Fields.

Elysium Fields aims to create a biosphere-like environment integrating advanced wellness principles, including access to anti-ageing treatments, a medical clinic, and various wellness facilities.&nbsp;

At Elysium Fields, residents will have access to advanced anti-ageing protocols and equipment like cryotherapy, IV infusions, dry and infrared sauna, red light therapy, grounding and PEMF beds, alongside access to visit the Elysian Reverse Ageing Medical Clinic that will provide medical-grade treatments including MRIs, DEXA scans, brain scans, blood testing and personalised health plans.&nbsp;

<img alt="Elysium Fields" data-entity-type="file" data-entity-uuid="05c466f8-85bc-4d6e-96f8-2dedf5a67b1a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/E04%20-%20Central%20Pier_DJI_0696_Crop2.jpg?VersionId=5a6lYbxVKXPEt2h5Z2byWCcWKbYn2i6a" />

The 27,000 sqm site precinct will include over 1,350 BTR and BTS apartments, a retail and hospitality precinct, a 4-star short-stay hotel of circa 100 keys and another premier 5-star hotel in the main tower of over 250 keys, with state-of-the-art conference facilities, a business club and hospitality offerings.&nbsp;

The residential units, hotels, and retail spaces will sit amongst 3,700 sqm of much-needed immersive public landscapes and gardens, including a landscaped pedestrian-focused ‘path of life’ that runs the entirety of the north-south ground floor/podium plane that will be designed for running track, Yoga, meditation, training, exercise and recovery, alongside a rooftop sports court, a private wellness club, a pool club and 5,000 sqm of retail, dining and public realm amenity.&nbsp;

The <a href="/architects/fraser-partners">Fraser &amp; Partners</a>-designed precinct will also feature its very own botanical gardens, be geared for a 24/7, interactive retail, &nbsp;dining and entertainment experience, and include a stunning, futuristic glass dome over the site, &nbsp;modelled on the concept of Elysium being the utopian afterlife. &nbsp;

The first stage of Elysium Fields comprises three towers, with plans to launch the first tower in Q3 of the year.

Read more:&nbsp;<a href="/news/vic/gurner-submits-plans-for-first-stage-of-1-7-billion-docklands-precinct-elysium-fields">GURNER submits plans for first stage of $1.7 billion Docklands precinct, Elysium Fields</a>

<h2>Location: St Kilda Road, Melbourne</h2>

<h2>Address: 424-426 St Kilda Road, Melbourne</h2>

GURNER™'s St Kilda Road project is gathering momentum. Recently it was announced&nbsp;Chicago-based, international architecture firm SOM, would design the $800 million mixed-use project facing Albert Park.

SOM, who designed&nbsp;the Burj Khalifa in Dubai and the One World Trade Centre in New York, has put pen to paper for around 200 apartments across 19 levels, with a focus on large two to four-bedroom apartments alongside retail spaces, food and beverage outlets, and extensive wellness amenities.

<img alt="424-426 St Kilda Road" data-entity-type="file" data-entity-uuid="a89aabfc-4493-4613-bba4-fbf91060d327" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/424-426%20St%20Kilda%20Road.png?VersionId=Q9mfkBWwcXsKIWVG18Pm1n5RUu1O0XVv" />

The 4651 sqm corner site at&nbsp;<a href="/new-apartments/illoura-house-424-426-st-kilda-road-melbourne">424-426 St Kilda Road</a> – which boasts three frontages on the corner of St Kilda Road, Toorak Road and Queens Lane – will offer uninterrupted views over the Royal Botanic Gardens and Domain precinct and Albert Park Lake.

Once complete, the project will boast walkability to Anzac Station, Albert Park Lake, the Royal Botanic Gardens and Fawkner Park, and be close to South Yarra’s retail and dining precinct.

Read More:&nbsp;<a href="/news/vic/burj-khalifa-one-world-trade-centre-architect-to-design-gurners-latest-melbourne-apartment-development">Burj Khalifa, One World Trade Centre architect to design Gurner's latest Melbourne apartment development</a>

<h2>Location: Adelaide</h2>

<h2>Address: 237 Grote Street, Adelaide</h2>

GURNER™ announced itself into the <a href="/developments/adelaide-sa">Adelaide</a> market late last year, teaming up Kennards Self Storage to propose plans for a $1 billion mixed-use precinct to&nbsp;redevelop Adelaide's former Australia Post site.

The proposed plans, designed by long-time GURNER™ collaborator&nbsp;<a href="/architects/fraser-partners-0">Elenberg Fraser</a>, the huge precinct will deliver a new lifestyle destination for Adelaide. It will feature a five-star hotel, 600 apartments, extensive retail, food &amp; beverage, wellness and recreation spaces, and a work club.

<img alt="237 Grote Street, Adelaide" data-entity-type="file" data-entity-uuid="e8b958e2-67f6-41d4-aa0f-e4e28bbb4d43" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/237%20Grote%20Street%20Adelaide.png?VersionId=Ept8o7LrFYr3CevlI0rFpK4wrDINqUgS" />

In keeping with the Greener by GURNER™ vision, the development features an environmentally sustainable design to target a 5 Star Green Star Building certification, an inset energy network and a net-zero energy emissions outcome. With low cost, 100 per cent renewable energy available, and an all-electric precinct, the development is set to be carbon neutral in operation.

The inclusion of self-storage space alongside the GURNER™ residences is a unique point of difference, particularly for downsizers looking to make a move to a new apartment residence from a large, furnished family home.

<h2>Location: Surfers Paradise, Gold Coast</h2>

<h2>Project: La Pelago</h2>

<h3>Address: 108 Ferny Avenue, Surfers Paradise QLD 4217</h3>

Gurner's debut Gold Coast project, La Pelago, will be one of the largest projects ever completed on the Gold Coast.

The $1.7 billion development, being developed in a joint venture with&nbsp;<a href="/developers/wingate">Wingate</a>&nbsp;comprises four towers on Ferny Avenue.

[smartcode_project:default project_id=108339 project_image_fid=206588]

The Resort Residences is the first stage available in the masterplan, located in the first 28 storeys of the project’s first tower, <a href="/new-apartments/aquia-la-pelago-108-ferny-avenue-surfers-paradise">Aquia</a>, which will soar 65 levels and have a total end value of $1 billion.

The Resort Residences have a mix of one, two and three-bedroom apartments ranging from $525,000 up to $1.8 million, ranging in size from 60 sqm to 200 sqm.

Aquia boasts an exclusive private wellness club, the three-level resort-style podium deck with its ‘private island’ Archipelago of pools, lagoons and relaxation areas, and direct access to a signature restaurant, bars and cafes located throughout the tower and on ground level.

[smartcode_project:default project_id=108339 project_image_fid=206593]

After the overwhelming demand for stage one, GURNER™ is gearing up for the new release of Crystal Club, an exclusive collection of luxury residences from floors 44 to 63.

La Pelago, inspired by some of the world’s most exclusive private Archipelago resorts, has been imagined as a series of island precincts among a vast expanse of lagoon pools, with private bookable lounges and private dining areas, cabanas, sundecks, swim-up bars, restaurants and soaring mature palm trees over a three-level resort podium.

<h2>Location: Geelong</h2>

<h2>Address: 20-28 Brougham Street, Geelong</h2>

GURNER™ is also debuting in Victoria's second-largest city, having acquired a prime 2100 sqm parcel site at 20-28 Brougham Street, 300 metres from the Geelong Waterfront.

Gurner enters the&nbsp;<a href="/developments/geelong-vic-3220">Geelong</a>&nbsp;market with a $300 million sustainable mixed-use precinct designed by <a href="/architects/fk-australia">Fender Katsalidis</a>, featuring an activated ground plane, a hotel and urban gardens, and residential apartments above the hotel.

<img alt="20-28 Brougham Street, Geelong" data-entity-type="file" data-entity-uuid="2a195dd4-df28-4187-a3c1-6bcf40ffe562" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/20-28%20Brougham%20Street%2C%20Geelong.jpg?VersionId=pXCqhLwgFOSA4V5yTy0LC9XMXXuz9RlK" />

“We will be bringing an incredible 5-star hotel to this location that will feature a retail and hospitality offering at the ground floor that will be reminiscent of Chelsea Market in New York," Gurner says.

“Sitting on top of the hotel will be a collection of large luxury owner-occupier residences for locals and downsizers."

Gurner has teamed up with the local property identity Dean Montgomery to restore the heritage façade of the historic four-storey, red brick building on site to house a new ground-floor food and beverage precinct.

The building will be fully carbon neutral, and will offer an environmental point of difference not seen in Australia to date.

<h2>Location: Burleigh Heads, Gold Coast</h2>

<h2>Address: 1929 Gold Coast Highway, Burleigh Heads</h2>

Gurner has an approved project in <a href="/developments/burleigh-heads-qld-4220">Burleigh Heads</a> which will be his second project in the&nbsp;<a href="/developments/gold-coast-qld">Gold Coast</a> after La Pelago.

In partnership with&nbsp;<a href="/developers/maxcap-group">MaxCap Group</a>, the $150 million development will be more boutique, with just 55 apartments across an 18-level buildiing on the Gold Coast Highway.

[smartcode_project:default project_id=111880 project_image_fid=200329]

The rooftop will be landscaped with a deck and a pool.

Designed by Warren and Mahoney in collaboration with GURNER™’s in-house design studio, the development integrates Singaporean landscaped oasis elements with elegant Japanese interior design.

Gurner is expected to launch the project in 2024.

<h3>&nbsp;</h3>

&nbsp;

&nbsp;

&nbsp;

<h2>Location: South Yarra</h2>

<h2>Project: Jam Factory</h2>

<h2>Address: 500 Chapel Street, South Yarra, VIC 3141</h2>

Gurner's&nbsp;once-in-a-generation plan to transform Chapel Street’s Jam Factory into a world-class retail, residential, hotel and commercial precinct will form the cornerstone of Chapel Street's future renaissance.

The five-tower redevelopment, another joint venture with Newmark Capital and Qualitas, will deliver 18,500 sqm of new retail space, 20,000 sqm of commercial office and 400 residences across 42,020 sqm of residential space, alongside a 5-star 200-room hotel, a cinema upgrade, and a new public realm.

[smartcode_project:default project_id=5351 project_image_fid=23488]

The redevelopment, signed off by the City of Stonnington in 2022, will inject more than $800 million into the Victorian economy annually, in addition to $500 million in construction alone. Workers and residents are expected to spend more than $28 million at the precinct annually, while hotel guests will bring in over $12 million every year.

“We’ve been working closely with the project team, as well as council, to deliver something truly world-class – the redevelopment will put Chapel Street back on the map, not only as a retail hub, but as a luxury travel and lifestyle destination as well,” Gurner said.

<h2>Location: Barangaroo</h2>

<h2>Address: 189 Kent Street, Barangaroo</h2>

Gurner's $800 million Barangaroo project will sit among some of the country's most expensive apartments.

With Lendlease's One Sydney Harbour starting to settle, eyes will look toward Gurner's project which was secured from&nbsp;Greg Shand's <a href="/developers/barana-group">Barana Group</a>&nbsp;last year.

The project marks the first capital deployment within Gurner's $2 billion Build-to-Sell development fund, backed by a global institutional investor.

<img alt="189 Kent Street, Barangaroo" data-entity-type="file" data-entity-uuid="602a34ae-4927-4c14-88ee-b3c22465349c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/189%20Kent%20Street%2C%20Barangaroo.png?VersionId=8D4wz0Q36dY9C19UuGhBmJLroX9kVt3P" />

The 1,195 sqm site at 189 Kent Street, adjacent to <a href="/developments/barangaroo-nsw-2000">Barangaroo</a>, received planning approval for two residential towers, ground-floor retail, restaurants, bars, a health and wellness component, and basement parking.

The site currently houses a commercial office tower with existing tenancies. GURNER™ plans to hold these tenancies until lease completion, following which it will commence residential development.

Award-winning architect <a href="/architects/fjc-studio">FJC Studio</a> has been appointed as architect, having won a competitive design competition between local and international architects.

<h2>Location: Port Douglas</h2>

<h2>&nbsp;Project: The Davidson by GURNER™</h2>

<h3>Address: 97-113 Davidson Street, Port Douglas QLD 4877</h3>

Last year Gurner revealed plans for a mixed-use hotel and residential villa development on Davidson Street in <a href="/developments/port-douglas-qld-4877">Port Douglas</a>, just behind the Sheraton Mirage.

GURNER™ had local architecture firm <a href="/architects/hunt-design">Hunt Design</a> create what is called <a href="/new-townhouses/the-davidson-by-gurner-97-113-davidson-street-port-douglas">The Davidson by GURNER™</a>. The application reveals the central pool as the focal point of the development.

Around the pool will be a kids club, with a play area and a separate pool, a treatment space, a yoga room, a lounge, a cafe, and a separate restaurant and dining space.

<img alt="The Davidson by GURNER™" data-entity-type="file" data-entity-uuid="85ff223c-a368-4779-b2da-2e55ae2afebd" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/The%20Davidson%20by%20Gurner.png?VersionId=JmFKhH5zRcb6nJpDxMr4gBg9ICVPcoaM" />

Flanking the pool will be a 107-room hotel, a mix of Garden Suites and Poolside Suites. The ground-floor Garden Suites have private access to another pool, exclusively for guests. Each Garden Suite room is 40 sqm, with a further 14 sqm of balcony space. The Poolside Suites are a touch larger. The low-rise hotel will also be home to a sky bar on level three.

45 two-level private villas then complete the resort-style development, on blocks ranging in size from 155 sqm to 470 sqm.&nbsp;

Hunt Design describes The Davidson by GURNER™ as a new benchmark for luxury travel, reminiscent of a Beach Club experience. The project reflects a trend in the tourism industry towards mixed-use developments that offer a range of accommodation types, including private homes.&nbsp;

"The real solution to the current supply issues": How Tim Gurner is solving Australia's dwindling housing supply

Builder developer DASCO has secured one of the most anticipated developments in Sydney's inner east.

The <a href="/builders/dasco-australia">iCIRT-rated builder</a> has secured a 1.7-hectare site at <a href="/new-apartments/danks-st-district-903-921-bourke-street-waterloo-nsw-2017">903-921 Bourke Street</a>, a former industrial site on the corner of Bourke, McEvoy and Young streets, which was sold with development approval for Young Street Village, a new mixed-use precinct with 376 apartments and retail and commercial spaces.

DASCO&nbsp;General Manager Michel Najjar said the company is acutely aware of the city’s chronic housing shortage.

"This is an opportunity to deliver a landmark lifestyle community that benefits from the highly desirable Redfern and Surry Hills villages that will be extremely popular with owner-occupiers, investors and tenants.”

The plans had been submitted by the Melbourne-based developer Dahua Group in early 2022, with approval from the City of Sydney Council coming just over a year ago.

The six buildings, four of which will be new and two heritage-listed buildings which will be restored, will be focused around a central plaza with retail space and new parks.

<a href="/new-apartments/danks-st-district-903-921-bourke-street-waterloo-nsw-2017"><img alt="Dahua's $220 million Waterloo apartment precinct plans" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-02-02_at_8.46.27_am.png" /></a>

Two buildings will flank Bourke Street, one being the tallest tower proposed. Described as a stepped tower with family-targeted terraces which address the park, the building will have 147 apartments across its 20 levels.

Next door will be a six-storey plaza building with 26 apartments, defined as "quirky" by&nbsp;<a href="/architects/bates-smart" target="">Bates Smart</a>&nbsp;and Richards and Spence, who worked in collaboration on the tower and the plaza.

"The quirky 6-storey plaza building defines the heritage square, with clear reference to the industrial brick buildings of the past," the design statement as part of the development submission noted.

There will be a further two buildings facing Young Street, designed by architect Fieldwork&nbsp;in collaboration with MHNDU. They will have a combined 202&nbsp;apartments, taking the total number of apartments across the precinct to 375 apartments.

<a href="/new-apartments/danks-st-district-903-921-bourke-street-waterloo-nsw-2017"><img alt="Dahua's $220 million Waterloo apartment precinct plans" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-02-02_at_8.01.25_am.png" /></a>

At the foot of the two Young St buildings will be fit-out for another cafe or restaurant.

Two heritage buildings in the centre of the site will be retained, the 1922 Pumping Station and the 1935 Valve House.

"The Pumphouse is a convergence of geology and water, tracks and narratives, indigenous and non-indigenous peoples and cultures across the site," further documentation noted.

"It sees the transformation of a disused water precinct into a rich, active mixed-use proposition - where water continues to play an important role in recasting the identity of the precinct.

<a href="/new-apartments/danks-st-district-903-921-bourke-street-waterloo-nsw-2017"><img alt="Dahua's $220 million Waterloo apartment precinct plans" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-02-02_at_8.02.32_am.png" /></a>

"At the heart of the proposal is a green oasis and oculus connection between a public ground plane, and a semi-public landscape terrace that serves the precincts residents.

"This oculus is designed to be populated on the ground plane with lively hospitality dining, and a visual connection back to the site’s heritage plaza."

DASCO's co-director, Daniel Nicolas, acknowledged the city’s housing crisis and the desperate need for a stronger pipeline of projects that will help alleviate rapidly increasing rents and provide a greater diversity of housing within the inner city.

“Research shows inner-city approvals have plummeted to record low levels in recent years and new project releases and completions have also stalled,” Nicolas said.

“All the metrics indicate there is a dire problem with low vacancy rates and soaring rents. Net overseas migration figures have returned to pre-COVID levels and the demand for quality residential living, particularly in this location, remains as high as ever from students, singles, couples and young families.

“With fewer development sites of this scale and calibre available in prime and prestigious locations, we see this as an essential opportunity for us to deliver an impressive legacy project.”

There were 2020 plans submitted by Dahua that would have seen higher density towers built, with 469 apartments across four buildings.

Exclusive: DASCO secure Waterloo mixed-use development from Dahua Group

The new Mosman record-breaking apartment development, Redan Lane, will be built by iCIRT-rated builder Trescon, the developer has announced.

The first development by&nbsp;<a href="/developers/prosker-property">Prosker Property</a>&nbsp;founded by former local estate agent Tim Foote, secured two sales at $19 million and $19.5 million late last year, making them the most expensive apartment sales on the Lower North Shore.

[smartcode_project:default project_id=142652 project_image_fid=239997]

<a href="/new-apartments/redan-lane-22-redan-street-mosman">Redan Lane</a>&nbsp;will comprise just&nbsp;seven exclusive apartments situated on the sought-after Balmoral Slopes in&nbsp;<a href="/new-apartments/mosman-nsw-2088">Mosman</a>.

"From the very beginning we believed the good people of Mosman wanted large easy living Residences close to the Village, bathed in light with beautiful views and the market’s response has affirmed this conviction," Tim Foote said.

It was one of the garden residences that sold for $19.5 million to a downsizing Mosman family, while a mid-level apartment with four bedrooms fetched $19 million.&nbsp; four-bedroom apartment sold for $19 million.

<a href="/new-apartments/redan-lane-22-redan-street-mosman">Redan Lane</a>&nbsp;sits on a 2220 sqm site at 22 Redan Street and will replace a single home.

[smartcode_project:default project_id=142652 project_image_fid=239999]

While boutique developments like Redan Lane typically forgo a suite of amenities, residents will enjoy a Golf Room equipped with a full golf simulator.

The collaborative effort involved <a href="/architects/studio-johnston">Studio Johnston</a> for architecture, <a href="/interior-designers/mim-design">Mim Design</a> for interiors, and <a href="/landscape-architect/dangar-barin-smith">Dangar Barin Smith</a> for landscaping.

<a href="/project-marketer/cbre-residential-australia">CBRE</a> is managing the sales campaign.

[smartcode_project_cta:default project_id=142652]

Redan Lane will comprise just seven exclusive apartments situated on the sought-after Balmoral Slopes in Mosman

Trescon to build record-breaking Mosman apartment development

Privately-held developer ALAND has had the second stage of its $800 million Merrylands development, The Gladstone Village, approved by the Cumberland City Council.

The second stage of <a href="/buildings/amber-the-gladstone-village-stage-2-228-pitt-st-merrylands">The Gladstone Village</a> boasts a 20-level structure that will house a mix of 245 one, two, and three-bedroom apartments, along with three ground-floor retail spaces and a large residents-only rooftop terrace.

The tower is dominated by two-beds (196), with 28 one-bedroom apartments and 21 three-bedders.

On the top level, residents will have access to a 940 sqm rooftop terrace providing a variety of amenities including an outdoor cinema screen, a barbecue area kitchen pavilion, yoga and retreat spaces, as well as a community vegetable garden. &nbsp;

Apartments on level one will also have access to private landscaped gardens with retreat seating, covered breakout spaces and a kid’s play soft turf area.

<img alt="The Gladstone Village Final Stages - Third" data-entity-type="file" data-entity-uuid="b0b0564e-dac5-4d43-af89-7d4e4018c85c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/The%20Gladstone%20Village%20Third.png?VersionId=LRAvJxpA1mnD1_mdc5OytwOBYD1.SuoA" />

The third and final stage, lodged just a few months after the 20-storey mixed-use tower, will include three buildings ranging from 12 to 16 storeys tall on a 6156 sqm site. This stage will offer 310 units, including 231 two-bedroom apartments, 49 three-bedroom units, and 30 one-bedroom units.

There will be four food and beverage shops on the ground floor.

<a href="/developers/aland">ALAND</a> is working with <a href="/architects/ptw">PTW Architects</a>, <a href="/landscape-architect/land-and-form">Land and Form Studio</a>, and Think Planners throughout the whole development.&nbsp;Stages two and three, in particular, were designed together to ensure the best urban design results.

<img alt="The Gladstone Village Final Stages - Pool" data-entity-type="file" data-entity-uuid="5b1fdfb8-d914-416e-9bd8-db0f33a698fa" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/The%20Gladstone%20Village%20pool.png?VersionId=exLlgGWjXJdeFXsuZ1cq6WziPo3XXG1s" />

On completion, the 2.5-hectare master planned precinct will home 1100 apartments, as well as a village atmosphere with dining, retail, health and wellbeing spaces on the street level and over 2,500 sqm of open space.

The Gladstone Village is within walking distance of Stockland <a href="/developments/merrylands-nsw-2160">Merrylands</a> Shopping Centre, an array of restaurants and cafes, as well as numerous parks and nearby educational institutions. The growing local infrastructure in the area also means Gladstone Village is just ten minutes away from <a href="/new-apartments/parramatta-nsw">Parramatta</a>, while the <a href="/new-apartments/sydney-nsw">Sydney</a> CBD is less than a 30-minute drive.

On completion, the 2.5-hectare master planned precinct will home 1100 apartments, as well as a village atmosphere with dining, retail, health and wellbeing spaces on the street level

ALAND approved for The Gladstone Village second stage

National property and construction group Traders In Purple has signed a second partnership agreement with Sydney Anglican Property to redevelop a centrally located site in Lane Cove, currently occupied by St Andrews Anglican Parish Centre.

The 1960s built church is proposed to make way for new and expanded ministry spaces, a publicly available 400-seat auditorium, a minister’s residence, retail space and up to 40 apartments, the majority of which will be three bedrooms to cater for local families and larger households.

Located on the corner of Finlayson Street and Rosenthal Avenue, opposite the popular retail and dining hub The Canopy, repurposing of the 3,000 sqm site plus an adjacent residential block, presents an opportunity to meet the urgent need for more well-located residences while providing the Diocese with contemporary space to fulfil its community purpose.

<img alt="Traders in Purple" data-entity-type="file" data-entity-uuid="c1d602b3-62fb-4958-9a9d-f3f43bbfb584" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-03-28%20at%209.05.34%20am.png?VersionId=Lfompc6gatvMmJocBxoHNvCk6d0x1nrH" />

Traders In Purple Director George Geagea said the site was one of the last in central Lane Cove suitable for development and likely to also be in high demand amongst downsizers seeking to move from the family home to a quality designed and built low maintenance apartment.

“This is our second partnership with Sydney Anglican Property and confirmation of their trust in our capability and compatibility,” Geagea said.

“We look forward to working together to realise the Diocese’s vision for their Lane Cove community and delivering exceptional homes in a location where there are few opportunities for residential development and housing supply.

“There is a clear Government intent to see more in-fill development in strategic locations that have the infrastructure and capacity to accommodate more housing.

“The Lane Cove site ticks all the boxes for residential development. It is in a quiet, leafy street of predominantly mid-rise apartments, just a short walk away from Lane Cove’s main shopping precinct.

“Considering its prime location, this is a great opportunity for Traders In Purple to work with Sydney Anglican Property to repurpose their asset and deliver wide-ranging benefits to the community.”

<img alt="The Lane Cove site" data-entity-type="file" data-entity-uuid="d8e62a56-9d32-4823-89a7-8fc00fede0d9" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-03-28%20at%209.05.52%20am.png?VersionId=kO2yWi.XQGFkHx4B0VVilTTVPtXWda8F" />

Sydney Anglican Property CEO Ross Jones said the project is an excellent example of the Diocese’s Urban Renewal Program in practice.

“Under the URP, we are looking to use our existing property resources to serve the communities we are a part of, while also ensuring our local churches have the facilities they need for generations to come,” said Mr Jones.

“We know that Traders In Purple shares that vision, making them a very compatible development partner for projects like this.

“If approved, the plans for this site mean Lane Cove will not only have access to increased housing supply, but also a publicly available, state-of-the-art auditorium right in the centre of town.

“We’re already working closely with council and parishioners to ensure the project delivers the best possible outcome for everyone who’s a part of the Lane Cove community.”

Traders In Purple has also acquired an adjacent property to allow for increased project scale and expects to lodge a development application later this year.&nbsp; Following community and stakeholder consultation, they anticipate construction to commence in 2027.

Traders In Purple has also acquired an adjacent property to allow for increased project scale and expects to lodge a development application later this year.  Following community and stakeholder consultation, they anticipate construction to commence in 2027.

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