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

Joel Robinson

Abadeen unveils penthouse at Park Residences in Cremorne

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

Dalcott targets owner-occupiers with South Brisbane debut Marrone

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

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

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

ODUS releases $18 million penthouse crowning La Mer Main Beach

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

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

Sydney off the plan apartments

Third.i Group has appointed iCIRT-rated builder&nbsp;Dilcara as the builder for its boutique Potts Point apartment development, Muse.

The decision follows Dilcara's track record as a renowned builder with expertise in delivering luxury projects across Australia.

[smartcode_project:default project_id=112613 project_image_fid=231689]

Adam Marshall, Head of Development at Third.i, expressed excitement about the collaboration, highlighting Dilcara's reputation as a trusted builder and long-standing relationship with Third.i.

"Dilcara will be coming into an established consultant group of leading designers like WMK and Mathieson," Marshall said.

Dilcara has worked with <a href="/developers/thirdi-group">Third.i</a> for several years, previously building their headquarters in North Sydney.

"We have been working alongside Third.i since we first started our business. There's been a really long relationship," <a href="/developers/dilcara-construction">Dilcara</a>&nbsp;Managing Director Antonie&nbsp;Gittany said.

[smartcode_project:default project_id=112613 project_image_fid=231690]

<a href="/new-apartments/muse-potts-point-30-34-brougham-street-potts-point">Muse</a> in <a href="/developments/potts-point-nsw-2011">Potts Point</a> is Third.i's&nbsp;debut project in the affluent harbourside suburb. It comprises just 13 one, two, and three-bedroom apartments on Brougham Street near <a href="/new-apartments/woolloomooloo-nsw-2011">Woolloomooloo</a>.&nbsp;

Designed by <a href="/architects/wmk-architecture">WMK Architecture</a>, the project aims to reflect the architectural and natural heritage of one of <a href="/new-apartments/sydney-nsw">Sydney</a>'s oldest neighbourhoods.

A communal rooftop with a residents-only pool and expansive scenery will top off the project.

[smartcode_project:default project_id=112613 project_image_fid=231686]

"Now Dilcara have joined the team, we're just a few weeks away from starting demolition on site," Marshall added.

Construction is expected to wrap up by the end of 2025.

[smartcode_project_cta:default project_id=112613]

Dilcara has worked with Third.i for several years, previously building their headquarters in North Sydney

Staff Writer

Third.i appoint builder at Muse Potts Point

Sustainability-focused developer <a href="/developers/orosi">OROSI</a> has successfully obtained approval for its boutique Randwick apartment project.

They're now set to demolish the houses at 3-4 Llanfoyst Street, near <a href="/new-apartments/randwick-nsw">Randwick</a>&nbsp;high street, following sign off from the Land and Environment Court to build a four-level development with 11 apartments.

OROSI, who do it all including designing and building the project, said in their design statement submitted to the Randwick City Council that the project is designed to integrate into the site and the locality and reflect the style and design of character provided for in the Councils future vision for the area.

"The context of the area of Randwick is largely characterised by a mix of 2-4 storey multi-unit and two storey dwellings. The building aims to sit comfortably in its context with the front and rear setbacks being mindful of the existing neighbouring buildings.

"The purposed building proposes to use concrete as the primary exterior skin and a brick podium base to further embed the proposal within its context."

They said the project will provide "quality residential housing to suit the local market demand."

Residents will have access to the wellness facilities in the building which will include a&nbsp;sauna, spa, plunge pool, and zen garden.

OROSI has already completed several multi-residential projects in Randwick, including one on Stanly Street, another on Llanfoys Street, and two on Carrington Road.

OROSI ready new Randwick apartment development after court approval

Investors in Sydney haven't been deterred by the 2023 interest rate hikes which took

Data by MatterFact, Apartments.com.au's new data product, shows there have been just as many investors so far in 2024 compared to the same time in 2023.

Numbers are still around 20 per cent down from where they were in early 2022, when the official cash rate was at a record low 0.1 percent and investors could make investing stack up on a wider scale.

Investors have tended to look outside of the city for affordability, apart from <a href="/news/nsw/game-changing-north-sydney-apartments-approach-completion-as-aqualand-reveal-aura-display-apartments">Aqualand's game-changing AURA by Aqualand project</a> which is soon to complete.

We've crunched the numbers and wrapped up the top five apartment developments that have drawn the interest of first home buyers so far in 2024.

<h2>Projects: The Grand</h2>

<h3>Location: 27-37 Mann Street, Gosford NSW 2250</h3>

<h3>Developer: TQM Group</h3>

<a href="/developments/gosford-nsw-2250">Gosford</a>, the entry point to the Central Coast, is undergoing a huge gentrification, which kicked off at the start of COVID-19 when the need to be in the office five days a week became redundant.

With that trend continuing, more so in <a href="/new-apartments/sydney-nsw">Sydney</a> than any other capital city, Gosford is still in vogue for both owner-occupiers and investors.

While development is rife, joint venture partners <a href="/developers/tqm-group">TQM</a> and <a href="/developers/ace-property-group">Ace Property Group</a> have sought to make their Gosford project, <a href="/new-apartments/the-grand-gosford-27-37-mann-street-gosford">The Grand</a>, stand out.

[smartcode_project:default project_id=22753 project_image_fid=210668]

The 18-level tower, designed by Sydney-based, internationally recognised architecture firm <a href="/architects/kannfinch">KANNFINCH</a>, will house 138 apartments, set above an activated podium.

Within the podium, on street level, will be several food and beverage tenancies when the building is complete in 2025.

The podium levels will be crowned by a residents' infinity pool and a landscaped garden, designed by <a href="/landscape-architect/site-image">Site Image Landscape Architects</a>.

The Grand is located toward the southern end of Mann Street, near the water. However, The Grand’s easy access to the Central Coast Highway, and its proximity to the Gosford Train Station less than 700 metres away, makes it an easy commute to both the city and exploration of the surrounding beaches, forest reserves, and beachfront national parks.&nbsp;

<h2>Projects: Fox Lane</h2>

<h3>Location: 2 Fox Lane, Rockdale NSW 2216</h3>

<h3>Developer: TQM Group</h3>

TQM Group's next generation of urban-designed apartments has become one of the most sought-after addresses in <a href="/new-apartments/rockdale-nsw-2216">Rockdale</a>, particularly by investors and first-home buyers alike.

<a href="/new-apartments/fox-lane-rockdale-499-princes-highway-rockdale">Fox Lane</a> comprises 43 studio, one, two and three-bedroom lofty, modern apartments with balconies above two ground-floor commercial spaces. The apartments start at $539,000.

The <a href="/architects/place-studio">Place Studio</a>-designed building is crowned by rooftop amenities, including a cinema, pool and BBQ area, which are complemented by easy access to some of Rockdale’s many local amenities and urban conveniences.

[smartcode_project:default project_id=141702 project_image_fid=228149]

The $50 million project is conveniently located at 2 Fox Lane, a quiet but active corner just off Princess Highway.&nbsp;

Fox Lane is only an eight-minute walk to Rockdale or Banksia Station, for a hassle-free 30-minute commute to the CBD.

The Place Studio-designed development also places residents within reach of an array of local amenities. Whether it's a day at Brighton-Le-Sands Beach, a visit to the Ador Park Precinct, or a round of golf at Bardwell Valley Golf Club, recreational options are plentiful.

The culinary scene around Fox Lane is equally impressive, teeming with a vibrant café and restaurant scene with some of the best food and dining spots nearby.

<h2>Projects: Auburn Square</h2>

<h3>Location: 26-36 Northumberland Road, Auburn NSW 2144</h3>

<h3>Developer: Tian AN Australia Ltd</h3>

<a href="/new-apartments/auburn-nsw-2144">Auburn</a> is a hub of connectivity situated in the geographical heart of Sydney, offering the benefits of suburban living, with great transport accessibility to business centres including <a href="/new-apartments/parramatta-nsw">Parramatta</a> and the CBD, only ten minutes away by train. This strategic location enhances the property's potential for long-term residency and rental yield.

There is no end of demand from home buyers and investors who want to live in Sydney’s gentrifying inner Western suburbs, especially since having turned around from the coronavirus-induced slump that occurred throughout much of 2020.

The latest data from Apartments.com.au, shows investors are interested in developer <a href="/developers/tian-an-australia">Tian An LFD</a>'s Auburn apartment development, <a href="/buildings/auburn-square-26-36-northumberland-road-auburn">Auburn Square</a>.

[smartcode_project:default project_id=7317 project_image_fid=248566]

Auburn Square comprises 427 residences in one, two, and three-bedroom configurations, including nine retail and commercial suites and various amenities.

The development offers affordable apartments, with one-bedroom and two-bedroom units starting below $600,000—below the Sydney median. This affordability makes it a feasible entry point for first-home buyers and investors.

The first stage of Auburn Square, which comprises 148 apartments across a ten-level building, has recently been completed and is ready for occupancy.&nbsp;

Retail spaces on the ground floor, along Northumberland Rd, connecting directly to Auburn Town Centre, are also now available for lease.

<h2>Projects: AURA by Aqualand</h2>

<h3>Location: 168 Walker Street, North Sydney NSW 2060</h3>

<h3>Developer: Aqualand Australia</h3>

Exciting changes are coming to <a href="/new-apartments/north-sydney-nsw">North Sydney</a>, making it a vibrant hub for new homeowners, businesses, and visitors.&nbsp;

With plans for rejuvenated public spaces, the upcoming Victoria Cross metro line, $11 billion in proposed building projects, and over 30 new retail and hospitality brands on the way, North Sydney is set to become more connected and convenient.

<a href="/buildings/aura-by-aqualand-north-sydney-168-walker-street-north-sydney-nsw-2060">AURA by Aqualand</a> will be the first grand residence in the area and is the anchor to it all.

While the majority of buyers in <a href="/developers/aqualand-australia">Aqualand</a>'s game-changing North Sydney landmark were downsizers and young families, now at 90 per cent complete, Apartments.com.au is seeing several buyers looking to invest in AURA.

[smartcode_project:default project_id=30959 project_image_fid=202996]

AURA by Aqualand comprises 386 apartments above a two-level podium with several retail and commercial spaces which will activate the Walker Street streetscape.

AURA by Aqualand’s extensive retail precinct will provide residents with a curated shopping and dining destination on their doorstep, including a providore, bakery, café and wine bar, an all-day diner and a contemporary Japanese restaurant.&nbsp;

[smartcode_project:default project_id=30959 project_image_fid=218392]

Other resident amenities include a 24-hour concierge service, a Technogym-equipped gymnasium, a wellness room, a pool of Tesla cars to share, and end-of-trip facilities. A glamorous rooftop area offers a sky sun deck, private dining rooms, barbecue and kitchen space for year-round al fresco entertaining.

The building will also benefit from a building management system to monitor and control the building’s services to ensure efficient management and allow for early detection and rectification of any issues to ensure the building is always operating optimally.

Aqualand has also engaged a third party to undertake a peer review on quality assurance once the fit-out is complete, giving buyers even more assurance of a quality build.

<h2>Projects: Heritage</h2>

<h3>Location: 37 Virginia Street, North Wollongong NSW 2500</h3>

<h3>Developer: MODCO Constructions</h3>

Over the last two decades in particular, <a href="/new-apartments/wollongong-nsw-2500">Wollongong</a> has become the hub of the region, with extensive development of retail and hospitality precincts, the introduction of the electrified train line in the early 1990s, and hospitals and other industries making it the anchor point for all those who live in the district.

The appeal extends to Wollongong's beaches, lifestyle, and cultural offerings, making it an attractive location for owner-occupiers and especially investors.

iCIRT-rated builder developer <a href="/builders/modco-constructions">MODCO Constructions</a> has been clever in its approach to its nearly completed <a href="/new-apartments/north-wollongong-nsw-2500">North Wollongong</a> apartment development, <a href="/buildings/heritage-37-virginia-street-north-wollongong">Heritage</a>.

[smartcode_project:default project_id=142643 project_image_fid=236240]

Despite only having 22 apartments, they've had PRD Architects design the floor so they're offering one, two, and three-bedroom apartments, which has especially appealed to investors enquiring in Apartments.com.au recently.&nbsp;

Heritage presents a rare opportunity to purchase a brand-new apartment just 400 metres from North Beach.

Due to the size of North Wollongong, just 136 hectares, there's not too much opportunity to buy a brand new apartment. Comparatively, the suburb of Wollongong is almost ten times North Wollongong. The size of a suburb always tells us there's unlikely going to be an oversupply, which helps support prices for the long term.

Homeowners can anticipate a swift move-in by early next year.

Sydney's top five trending apartment developments for investors in 2024

The recent release of the ABS housing data shows that, on an annualised basis, approvals remain&nbsp;at record lows since the GFC, recording yet again the worst performance in the last decade by a long way.

Only 44,675 new dwellings were approved in NSW in the 12 months to January 2024, a far cry from the 90,000 approvals needed in NSW each year.

There needs to be 7,500 approval each month, and January 2024 saw just 2,875 approvals.

&nbsp;<img alt="ABS Building Approvals Month by Month" data-entity-type="file" data-entity-uuid="31df1aa6-ee0a-40de-b2e4-2c4214289aa6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/ABS%20Building%20Approvals%2C%20MbM.jpg?VersionId=BFLnv8ll2s5.hpN1nmqVyC4t_tMBUwzu" />

Total dwelling approvals in NSW fell by nearly 15 per cent in January, the worst decline of any state. Victoria fell by nearly 10 per cent, and South Australia over seven per cent. Queensland record a rise of over 31 per cent in dwelling approvals.

Urban Taskforce CEO Tom Forrest said in the forthcoming Federal Budget, it is critical that Prime Minister Albanese and Treasurer Chalmers assist the states with building the new homes we so desperately need by supporting housing supply with infrastructure funding.&nbsp;

"The importance of infrastructure funding and delivery is becoming increasingly evident as the cause for the slow rate of approvals."

Forrest said it is the Commonwealth&nbsp;which has opened the doors to a massive wave of post-COVID&nbsp;migration and has benefitted from the taxation revenue generated by the influx of skilled migrants.

"It is the Commonwealth that called the State Premiers together and proposed the National Housing Accord," Forrest said.

"The Federal Budget has been boosted by this immigration as well as the strong performance of minerals prices and the mining export sector. It is the Commonwealth that has the fiscal resources to support infrastructure to drive housing supply so it’s time that the Commonwealth helped out the states with significant funding for infrastructure."

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ABS data for January 2024: We must focus on getting approvals up or the housing crisis will continue

NSW housing approvals remain at record lows

Sydney's off the plan 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 <a href="/developments/sydney-nsw">Metro Sydney</a> State of the Market H2 2023 said there is&nbsp;considered enhanced opportunity for apartment projects to receive increased demand in the Harbour capital, given buy to sell apartments&nbsp;represent the most affordable dwelling typology. They note however there needs to be a expectation recalibration due to budget constraints.

CKC believe 2024&nbsp;will continue a growing trend of “sub-market division” where projects within the same precinct are either successful or not based on adequately meeting demand expectations.

"Projects that are design-led, respond to target market requirements and feature a reputable builder will mitigate risk and show greater success," the report read.

CKC believe 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."

<h2>Sydney's new supply issues</h2>

Supply has been an issue across every capital city for a number of years.&nbsp;The NSW Government has committed to the provision of around 375,000 new dwellings between 2024 to 2029 to assist in meeting the National Housing Accord which is 75,000 dwellings per annum.

Last year there were only 8,300 apartments completed in Metro Sydney, around one-third of annual supply requirements. Only 6,300 apartments were launched, -31% below the previous low experienced during the pandemic.

"Launches are anticipated to increase meaningfully when interest rates are cut and there is greater certainty around the suite of new planning controls," CKC noted.

<img alt="CKC" data-entity-type="file" data-entity-uuid="60290cdd-c460-43e1-a00c-8e17894cac45" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-03-12%20at%209.56.36%20am.png?VersionId=r4jIZFLKbT9jmPGlUAY06hdc_.qUH1d4" />

In 2023, construction commenced on 7,200 apartments, the lowest number of apartment commencements recorded over the past decade and a decrease of -76 per cent on the peak commencements during 2016.

Sydney's middle and outer regions remain prevalent as new supply locations according to CKC.

"Sydney’s more centralised and middle regions have historically delivered the greatest volume of new apartments. Sydney’s Outer Region however demonstrates its growing importance to metropolitan Sydney’s apartment supply in an evolving market.

"The Middle and Outer Regions of Sydney are playing a key role in housing Sydneysiders and this trend is forecast to continue. The introduction of the Transit Oriented Development State Environmental Planning Policy will also provide a renewed focus on intensified infill development throughout a range of metropolitan locations."

<h2>Sydney off the plan apartment pricing</h2>

The report noted that the&nbsp;Sydney residential property market reflects a 68 per cent differential in median prices between detached houses and units.

"This median price gap is significant by historic standards and expected to funnel demand into the more affordable unit market, particularly as future price increases are anticipated to outstrip income growth," the report noted.

"The percentage of household income required to service a mortgage is close to the highest ever recorded and buyers now need to make tradeoffs should they wish to make a purchase decision."

<img alt="CKC prices" data-entity-type="file" data-entity-uuid="6e88ecee-c219-4483-b45e-f6206a50947c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-03-12%20at%2010.01.50%20am.png?VersionId=INT0eGYIf94Rf0rhyNCIMyHfeWxbrU93" />

CKC said price has become a more critical factor for apartments, with the differential between new off the plan and established apartments of greater consideration.

"This differential can often exceed 20% although the benefits of a new apartment have become less attractive than a more affordable established alternative product in the same location.

Recent median price growth in numerous established apartment locations has been driven by greater demand for more affordable secondary product. Until the price gap between “new” and “established” apartments narrows, there is considered less opportunity in the current market to increase off the plan pricing.

<h2>Sydney's 2024 Property Outlook</h2>

CKC 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.

"Median apartment prices have shown incremental growth since the cash rate has (mostly) been on hold since mid-2023 and we anticipate that rate cuts will be a key impetus to stimulate confidence and accelerate price growth."

They said interest rate cuts and increased development capacity through planning policies will collectively not be enough to facilitate delivery of the unprecedented quantum of build to sell and build to rent apartment supply required to achieve the Federal and State Government aspirational housing targets.

"To conclude, the BTS and BTR apartment markets will continue to improve over the course of 2024 and with the market so chronically short of new supply there stands to be a very strong and elastic response as conditions start to improve over 2024 and into 2025."

Demand to come in Sydney's off the plan apartment market: Charter Keck Cramer H2 2023 Report

Property developer <a href="/developers/inca-property-group">INCA Property Group</a> has launched its Waitara parkside apartment development, Tara on Park, in collaboration with respected architects and interior designers <a href="/architects/aplus-design-group">Aplus Design Group</a>.

<a href="/new-apartments/tara-on-park-36a-38-park-avenue-waitara">Tara on Park</a> comprises 29 one, two, and three-bedroom apartments overlooking Mark Taylor Oval.

The apartment building is characterised by gently curved balconies and a thoughtful interplay of materials.&nbsp;

[smartcode_project:default project_id=136774 project_image_fid=211571]

Tara on Park is "designed &nbsp;to capture the simple elements of life – the large open spaces and natural toned material palette connects each residence to the outdoor environment.”

Generous floor plans define the interiors, with ground-floor apartments flowing to expansive private courtyard gardens. Three penthouse-level residences have sun-soaked wraparound terraces with district views.

[smartcode_project:default project_id=136774 project_image_fid=211574]

Each apartment features floor-to-ceiling glass that leads out to balconies, drawing in natural light and providing panoramic views of Mark Taylor Oval, Waitara Park Playground, and the Mark Taylor Tennis Courts.

The kitchens serve as a focal point for social gatherings, featuring a breakfast bar with timber batten detailing for a textured effect, and reconstituted stone in Calacatta marble for benchtops and splashbacks

All kitchens are equipped with Fisher &amp; Paykel appliances, including an integrated dishwasher, while penthouses will have the added luxury of twin ovens and a 90cm cooktop.

[smartcode_project:default project_id=136774 project_image_fid=211570]

Tara on Park also provides its residents amenities to enjoy, including a landscaped communal area featuring a barbecue and covered seating shaded by a towering established tree.

There will also be the convenience of basement security parking with lift access and storage cages for all apartments, with some two-bedroom and all three-bedroom units offering double parking.

[smartcode_project:default project_id=136774 project_image_fid=211576]

Tara on Park is just an eight-minute walk to Westfield Hornsby and a six-minute walk to <a href="/developments/waitara-nsw-2077">Waitara</a> station. The station provides a direct service to Wynyard station in the CBD within 40 minutes.

Tara on Park is slated for completion in July 2024.

[smartcode_project_cta:default project_id=136774]

Tara on Park launches to undersupplied Waitara apartment market

Busy Sydney builder developer Landmark Group has launched its latest residential apartment development.

The Blacktown project, dubbed <a href="/new-apartments/2nd-avenue-blacktown-11-second-avenue-blacktown">2nd Avenue</a> after its location on Second Avenue near <a href="/developments/blacktown-nsw-2148">Blacktown</a> Station, comprises 275 one and two-bedroom apartments above retail spaces in a 20-level tower designed by <a href="/architects/dko-architecture">DKO Architects</a>

The apartments feature open-plan living spaces leading to private balconies with district views.

[smartcode_project:default project_id=6757 project_image_fid=195356]

The heart of every home is its open-plan kitchen, complete with high-quality European appliances, stone benchtops, and a generously proportioned breakfast bar as the focal point.&nbsp;

Each apartment comes with basement parking, conveniently accessible via one of the six lifts.

[smartcode_project:default project_id=6757 project_image_fid=195357]

Shared amenities within Second Avenue, include a common BBQ area, lawn spaces, and a rooftop terrace—multiple settings for gatherings with friends and family.

&nbsp;

All developments by <a href="/developers/landmark-group">Landmark Group</a> come with a Quality Guarantee, backed by a ten-year Extended Structural Warranty on building structure, surpassing the NSW Government's six-year statutory requirement.

Landmark <a href="/news/nsw/landmark-launches-the-macquarie-collection-to-busy-macquarie-park-precinct">recently launched</a> their three-tower Macquarie Park apartment development, The Macquarie Collection.

[smartcode_project_cta:default project_id=6757]

Landmark Group launch new Blacktown apartment development, 2nd Avenue

Luxury apartment developer Central Element has revealed what it intends to do with its prime Bondi Beach site they acquired last year.

The developer, led by Nathan Chivas, has filed plans for seven luxury residences on the amalgamated 2,050 sqm site fronting Sandridge and Wilga streets.

CE paid around $50 million for 20-22 Sandridge Street and 21 Wilga, Street a sloping block which runs down to the Bondi to Coogee walk.

<img alt="CE" data-entity-type="file" data-entity-uuid="0a2d2512-f984-41e5-a840-96e4c834adad" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-03-25%20at%2012.07.17%20pm.png?VersionId=tXTg4cYrsCTnLGbB3s47EinqOjlJgzuF" />

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.

Flipping the traditional home on its head to maximise the ocean views from the living spaces, CE had Brian Meyerson's MHNDUnion position the three bedrooms on the ground level. The master suite, at the rear of the building, will feature a walk through wardrobe, ensuite, and a 35 sqm terrace with a plunge pool and a built-in barbecue and bar space.

Above is the main kitchen living and dining area with&nbsp;over 90 sqm of internal living space and a terrace at either end of the home.

<img alt="Bondi Beach" data-entity-type="file" data-entity-uuid="e3169dda-5ad9-41a5-9709-f0f4745bf0bd" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-03-11%20at%202.12.53%20pm.png?VersionId=i91HQZodpWQ6YfCMheoOZ7xOFFsSqlCL" />The project from Sandridge Street. Image credit: MHNDUnion

The other five residence will be located at the other end of the site, divided from the homes by extensive landscaping by Dangar Barin Smith.

The lower ground level of the boutique apartment building will home two 150 sqm, side-by-side apartments with three bedrooms and a 65 sqm terrace with a pool.

The ground level is a 190 sqm unit with three bedrooms, a study space, and a living space which opens to a full width 95 sqm terrace with a spa.

Above will be arguably the most impressive residence of all, a 217 sqm apartment with three bedrooms, a home office that could double up as a second living room, and the same size terrace as below with the best views over the ocean.

MHNDUnion noted in their Design Statement submitted to the Waverley City Council that the sloping terrain offers excellent vantage points showcasing Ben Buckler, Bondi Beach, and Squid Bay to the north and northeast.

"Benefiting from proximity to the vibrant Bondi life, the site is conveniently close to the commercial strip along Bondi Road, and a number of shops, restaurants, and bars including Bondi Iceberg. Additionally, it establishes a more secluded connection with the surroundings, providing access to views in the north/ northeast and the coastal walk on the east."

<img alt="Bondi CE" data-entity-type="file" data-entity-uuid="97898b89-dc43-4fbd-b35d-1613c0d37982" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-03-25%20at%2011.51.46%20am.png?VersionId=C1WhTZ1u0QIopGRTOfstoi.6p9N_Hf1F" />

&nbsp;

They said the architectural design of the residential flat building at the rear adapts to the sloping site by incorporating stepped structures.

"The residential flat building incorporates sculptural blade walls and textured panels on its facade, strategically opening towards the scenic views. In contrast, the houses exhibit a simpler built form with brick details and undercover entries along the building’s sides."

"The proposal will provide a high quality and sympathetic addition to the neighbourhood, whilst offering a variety of housing options for different demographics and living needs."

When speaking to Nathan Chivas late last year, he said when developing in the best locations, you have to create an A-grade product.

“If you find a location and create A-grade product that matches that location, then you know you’ll have strong demand no matter where the property cycle is at,” Chivas says.

He spoke about having to bring a story to life at the top end of the market, whether it's through bringing in heritage or other luxury design element.

"Ultimately these types of developments need to be a cut above the rest. They need to be more than an apartment in a great location. The money demanded by these projects, and the buyers of the projects, demand nothing less."

Read more:&nbsp;<a href="/news/nsw/the-story-behind-central-elements-push-for-ultra-luxury-in-sydneys-best-suburbs-five-minutes-with-managing-director-nathan-chivas">The story behind Central Element's push for ultra-luxury in Sydney's best suburbs: Five minutes with Managing Director Nathan Chivas</a>

First look exclusive: Central Element's ultra-luxe Bondi Beach plans revealed

Estate Property Group has launched its latest development, Rodley Place, in a prime location at Rodley Avenue on the fringe of Penrith's bustling CBD.

<a href="/new-apartments/rodley-place-44-48-rodley-avenue-penrith">Rodley Place</a> offers 30 two and top-floor three-bedroom apartments and penthouses, with ground-level apartments extending to generous private courtyards, while street-facing homes boast individual entries.

Designed by <a href="/architects/morson-group">Morson Group</a>, the exterior of Rodley Place showcases a muted earth brick façade, a departure from the typical developments in the vicinity.&nbsp;

The blend of earthy tones, coupled with contemporary touches, is accentuated by modern vertical blade fencing on the balconies—amplifying the sense of space but also highlighting the standout brickwork.

The interiors, curated by Salt &amp; Stone Interiors, feature high ceilings, large windows, and expansive balconies offering panoramic views of The Blue Mountains and Club Paceway.&nbsp;

<img alt="Rodley Place Launch" data-entity-type="file" data-entity-uuid="2259e7ef-0d55-46ff-aa5e-bdb98c9000ce" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Rodley%20Place%20Livig.jpg?VersionId=ast5kBV5f6GGZuqHHOYscmD2AGOzd14q" />

The open-plan living spaces are complemented by kitchens equipped with Fisher &amp; Paykel appliances, floor-to-ceiling soft-close cupboards, undermount sinks, and finger mosaic-tiled splashbacks.

Every bedroom in Rodley Place comes equipped with built-in wardrobes, adding to the convenience and practicality of every living space.

<img alt="Rodley Place Launch" data-entity-type="file" data-entity-uuid="449bc040-2ece-48d1-817c-0b1bfe6a0a65" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Rodley%20Place%20bdrom.jpg?VersionId=guXHeVhJJji0Zl7d5TX.IhXm4dSkjJlz" />

Rodley Place also offers a range of amenities aligning with sustainability and lifestyle trends, including rooftop solar panels with accompanying Tesla batteries, an electric car charging station, designated basement car parking spaces, and secure storage cages.

the project is ideally located just next to the&nbsp;<a href="/developments/penrith-nsw-2750">Penrith</a>&nbsp;Harness Racing Club and Blue Bet Stadium, as well as the&nbsp;<a href="/developments/penrith-nsw-2750">Penrith</a>&nbsp;Station and the heart of the activity centre.

Rodley Place is expected to be completed by November 2025.&nbsp;

[smartcode_project_cta:default project_id=142751]

Penrith set for rare new apartment development as Rodley Place launches

A builder has been appointed for <a href="/developments/manly-nsw-2095">Manly</a>’s most anticipated beachfront block, Aurora by developer <a href="/developers/royal-far-west">Royal Far West</a>.

The decision comes after a successful Early Contractor Involvement (ECI) phase, with the Royal Far West Board formally selecting tier one global construction company,&nbsp;<a href="/builders/multiplex">Multiplex</a>.

Royal Far West, the charity that provides health and disability services and accommodation facilities to children,&nbsp;is developing its site on the corner of Wentworth St and South Steyne where they currently operate Drummond House. That will undergo&nbsp;renovations to serve as guesthouse accommodation.

<img alt="Multiplex appointed as builder for Aurora in Manly - side" data-entity-type="file" data-entity-uuid="4b96a5d5-ac92-41c2-8e11-d76796ff9374" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Aurora.jpg?VersionId=IvHzFJJRQJK0kBDAtvFgSB5ATjud2jKe" />

The $107 million oceanfront development, designed by <a href="/architects/glenn-murcutt">Glenn Murcutt</a> and <a href="/architects/candalepas-associates">Angelo Candalepas</a>, will house a total of 58 apartments in two buildings, one five levels high and the other eight.

Aurora will comprise one, two, and three-bedroom apartments, above retail and commercial spaces, mixed-use areas, and public domains for the community.&nbsp;

The homes were designed to provide generous living spaces, strategically oriented to the northeast to capture natural sunlight, along with spacious balconies offering optimal views of the surroundings.

<img alt="Multiplex appointed as builder for Aurora in Manly - Living" data-entity-type="file" data-entity-uuid="b6026a0f-efe8-4ac9-8eac-ed259e0719be" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Aurora%20Manly%20Living.jpg?VersionId=TEkPMxhOQLb8u61aXgQH39bq_DE5xth2" />

The project has already garnered a number of significant sales, one selling for $16 million at a price per square metre record for the suburb at $75,000 per sqm.&nbsp;

There's also been a $14 million sales, and a one-bed which sold for $1.65 million.

Multiplex is set to commence on-site activities in the coming weeks, starting with the installation of perimeter hoardings.&nbsp;

RFW’s Board Chairman, Joan Treweeke OAM, is thrilled to see Multiplex appointed on the 
project.

“We believe Multiplex’s track record in delivering some of Australia’s most prestigious projects aligns with the high benchmark demanded by Aurora’s exemplary architectural merit and iconic Manly location, and we know our valued purchasers will reap the rewards of Multiplex’s depth of experience for generations to come,” Treweeke said.

“The development will enable the charity to increase its generous work for country kids in need, as well as future-proof its service for the next 100 years.”

Multiplex’s NSW Regional Managing Director, David Ghannoum, said Multiplex were looking forward to partnering with RFW to deliver the development for the charity, for purchasers and the community.

“We’re delighted to be working with eminent charity RFW. As a significant member of Manly’s community, we understand RFW are cautious custodians of this important beachfront site and we’re grateful they’ve put their trust in us. We have an unwavering commitment to delivering a beautiful quality outcome for the myriad of stakeholders behind this landmark project.”

The demolition phase is scheduled to begin in April 2024, with the anticipated completion of Aurora by mid-2026.

The project has already garnered a number of significant sales, one selling for $16 million at a price per square metre record for the suburb at $75,000 per sqm

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