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;

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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

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.

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[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>

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[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.

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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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