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

Joel Robinson

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

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

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

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

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

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

Bottega House secures landmark riverfront site in St Lucia 

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

SIERA kicks off construction at Northcliffe tower Exhale

Sydney off the plan apartments

It was late 2021 when luxury Sydney developer, Aqualand, launched sales for their stunning new project, AURA by Aqualand.

Within the first week of marketing, over 70 per cent of the apartments released in the first stage were sold.

<a href="/buildings/aura-by-aqualand-north-sydney-168-walker-street-north-sydney-nsw-2060">AURA</a> was conceived as a game-changer for Sydney's growing second CBD, with designs by renowned architecture Woods Bagot who were tasked with creating both a placemaking project which would contribute to North Sydney, as well as offer residents a sanctuary above a thriving new retail and dining precinct.

[smartcode_project:default project_id=30959 project_image_fid=253830]

Fast forward just over two years from when the project hit the market, and now the building exterior is complete and display apartments have been finished and furnished, there's certainly nothing comparable in the apartment space in the area.

At a time where the development industry has been plagued with construction difficulties, Aqualand's own in-house building arm, Aqualand Construction, has pushed on through the challenges. One of the pillars of development Aqualand pride themselves on is timeliness of delivery.

Aqualand Construction delivered their first project, BLUE at Lavender Bay, in 2021, which points to both their efficiency in delivery and the quality of delivery. BLUE at Lavender Bay won the 2022 AIB Professional Excellence in Building in the category of Adaptive Reuse, the 2023 Council of Tall Buildings and Urban Habitat Award of Excellence in the repositioning category, and&nbsp;the Urban Taskforce's High-Density Residential Development award in 2022.

The quality of design and construction is on show again at their new display apartments in AURA. The interiors were led by Richards Stanisich, who focused on creating palettes which evoke the natural beauty of Sydney Harbour.

<img alt="AURA " data-entity-type="file" data-entity-uuid="75371dd1-1bfa-43f6-b82a-8670112e2327" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-03-04%20at%209.30.50%20am.png?VersionId=vrtvmu27Qcabh0ky.60VGHDt6Y97R7si" />

Kirsten Stanisich, Director and Founder of Richards Stanisich, said their design interprets the architectural concept for the building to reflect the sculptural shorelines and cliff faces of Sydney Harbour. Three schemes are available, light, mid, or dark palettes.

All apartments afford a seamless flow from open space living to glorious winter gardens or balconies, while some apartments feature a multi-functional room that facilitates use as a secondary living area, an office, bedroom, or guest room. Completing the offering, select apartments enjoy sunlit glazed studies instead.&nbsp;

<img alt="Aura" data-entity-type="file" data-entity-uuid="d2f58e98-51c6-4c16-88d1-bafca36df2cb" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-03-04%20at%209.30.09%20am.png?VersionId=1hDLOFCeFzrLT5D6oMuvHvEg8WybwtT4" />

The heart of the home is the luxurious kitchen, complete with natural stone benchtop and splashback, integrated Gaggenau appliances including oven, microwave, rangehood and dishwasher, and an island bench with pendant lighting.

Residents will have access to a suite of five-star resort-style amenities including a podium level pool and gym, a dining and entertaining area on level nine, and outdoor barbecue facilities, a sun deck, and dining rooms on the top level.

The apartments will sit above an activated ground floor plane, part of the placemaking initiative by Woods Bagot.

To be managed by hospitality arm Etymon Projects, there will be a mix of venues on the doorstep of AURA including a providore, a bakery, café, wine bar, an all-day diner, as well as a contemporary Japanese eatery.

Having topped out the 28-level glass structure in July last year, Aqualand is expecting residents to be settling around the same time this year.

There are still a handful of one, two and three-bedroom apartments remaining in AURA by Aqualand.

[smartcode_project_cta:default project_id=30959]

Game-changing North Sydney apartments approach completion as Aqualand reveal AURA display apartments

When conceiving their second apartment development in Sydney's St Leonards, it was important for developer New Hope Group to take the successful learnings from their first.

They called on national architecture firm Rothelowman to create <a href="/new-apartments/the-landmark-quarter-st-leonards-8-marshall-avenue-st-leonards">The Landmark Quarter</a>, the sequel project to their debut <a href="/new-apartments/st-leonards-nsw-2065">St Leonards apartment development</a>, The Landmark.

Conrad Lowry, Associate at Rothelowman, said the design brief from the outset was to create a series of buildings in the lineage of The Landmark, with multiple unit type offerings, a high level of amenity, and exceptional design features.

"The amalgamation of several small scale lots in a prominent location into a unified and cohesive design across three towers was an exciting challenge on this project," Lowry said, adding that it was important to be sympathetic in the design to the natural environs of the locality and topography of the site.

"The curvilinear design of the towers echoes the natural landscape and topography of the sandstone escarpments of the locality which drops from Pacific Highway to the harbour."

[smartcode_project:default project_id=139897 project_image_fid=212565]

Inside the 205 one, two and three-bedroom apartments and townhouses, Lowry said each home was design to have a personalized touch.

"The design for each residence was to have a sense of the interiors being a crafted experience with touch points for personalisation, a high level of finish, including natural stone used extensively throughout the unit types, and resolved detailing with amenities and sightlines prioritised."

[smartcode_project:default project_id=139897 project_image_fid=212566]

One of the major focuses in The Landmark Quarter was on the level of amenity.

"New Hope and Rothelowman wanted to provide amenity that ensured purchasers felt very much like they were ‘at home’, by providing a level of amenity that meant that the luxuries that are available in a single residence, and more, are available in the Landmark Quarter, and that the sense of community would be fostered with shared and exclusive access options available," Lowry said.

The Landmark Quarter features a rooftop with views to the CBD, a ground floor lap pool with sauna and spa,&nbsp;an exclusive dining room and an adjoining kitchen, a games room, a boutique cinema and a gym.

Read more:&nbsp;<a href="/news/nsw/a-cinema-swimming-pool-and-billiards-room-inside-the-amenity-laden-st-leonards-off-the-plan-apartment-development-the-landmark-quarter">A cinema, swimming pool, and billiards room: Inside the amenity-laden St Leonards off the plan apartment development, The Landmark Quarter</a>

[smartcode_project:default project_id=139897 project_image_fid=212672]

The Landmark Quater sits across a triple site on Marshall Avenue, just 350 metres from St Leonards Station, the new Metro Station and bus links, which all ensure easy access to the city and surrounding areas.

CBRE is marketing The Landmark Quarter, which is currently under construction through <a href="/news/nsw/landmark-quarter-st-leonards-apartment-development-to-start-construction">iCIRT-rated builder, Binah</a>.

[smartcode_project_cta:default project_id=139897]

Staff Writer

How Rothelowman designed St Leonards new apartment development, The Landmark Quarter

A North Sydney office building has been listed for sale with the development expectation it could be converted into an apartment building.

The listing comes at a time where there's a square focus on adaptive reuse of office buildings in Australia’s major CBDs. 
&nbsp; 
Located at 12 Mount Street, the nine-level commercial building is expected to sell for circa $40 million.&nbsp; 
&nbsp; 
<a href="/project-marketer/cbre-residential-australia">CBRE</a>’s Ben Wicks, James Parry and Angus Windred are managing the sale via an expression of interest campaign closing 28th March 2024.&nbsp; 
&nbsp; 
“Without substantial upgrades or capital expenditure, commercial buildings built in the 1960s and 1970s no longer satisfy the needs of tenants,” Wicks said.&nbsp; 
&nbsp; 
“The softening in commercial values and increase in vacancy levels is providing an opportunity to obtain vacant possession to redevelop. We are seeing a growing number of building owners - both in Australia and globally - turning to adaptive re-use, choosing to repurpose existing buildings to better uses such as residential apartments, in favour of doing a knockdown rebuild.” 
&nbsp; 
“Due to the properties prime position in <a href="/new-apartments/north-sydney-nsw">North Sydney</a> CBD, Sydney Harbour and Bridge views and solid demand for residential apartments in the area, we are expecting buyer interest from experienced local developers.&nbsp; 
&nbsp; 
The property has potential for holding income and vacant possession from January 1st, 2025. The potential development will likely retain its existing superstructure and basement car parking. 
&nbsp; 
“With limited available residential stock, and existing commercial strata buildings becoming increasingly costly to manage and requiring significant capital upgrades, we are seeing an increase trend in owners banding together to sell as an amalgamation," Windred added. 
&nbsp; 
“Due to the changing dynamics of the commercial landscape, we are currently experiencing a push for a greater mixed-use environment in this space which could inject a new breed of investors to the <a href="/new-apartments/sydney-nsw">Sydney</a> CBD and Metro markets and see redundant buildings turned into valuable accommodation which Sydney needs.” 
&nbsp; 
The focus on potential office conversion is also evident in <a href="/new-apartments/melbourne-vic">Melbourne</a>. A&nbsp;recent Property Council Study found that vacant office buildings in <a>Melbourne</a>’s CBD have the potential to be transformed into apartments, leading to the creation of up to 12,000 new homes. 
&nbsp; 
The study, conducted by architecture firm <a href="/architects/hassell-studio">Hassel</a>l on behalf of the Property Council of Australia, found that subject to individual feasibility studies, approximately 86 office buildings are suitable for adaptive reuse.

CBRE is expecting interest from experienced local developers

North Sydney office block pitched at residential apartment conversion

The first home buyer market has been incredibly quiet in the off the plan apartment market for the last few years given the unwavering hiking of interest rates by the RBA.

Now however, with economic data and commentary suggesting rates will be coming down. later in 2024, first home buyers have started to emerge again.

Data from MatterFact, Apartments.com.au's new data analytics product, shows that in&nbsp;<a href="/new-apartments/sydney-nsw">Sydney</a>&nbsp;there has been over 35 per cent more enquiry from first home buyers in the first two months of 2024 compared to the same period in 2023.

Enquiry is also 30 per cent up compared with the last two months of 2023.

We've looked at the most popular apartment developments across Sydney for first home buyers on Urban.

<h2>Projects: Fox Lane</h2>

<h3>Location: 2 Fox Lane, Rockdale NSW 2216</h3>

<h3>Developer: TQM Group</h3>

<a href="/developers/tqm-group">TQM Group</a>'s next generation of urban-designed apartments has become one of the most sought-after addresses in <a href="/developments/rockdale-nsw-2216">Rockdale</a>, with both first home buyers and investors showing significant interest.

<a href="/new-apartments/fox-lane-rockdale-499-princes-highway-rockdale">Fox Lane</a> comprises 43 studio, one, two and three-bedroom apartments above two ground-floor commercial spaces. The apartments start at $539,000.

First home buyers will enjoy their practical open-plan homes and the variety of rooftop amenities crowning the <a href="/architects/place-studio">Place Studio</a>-designed building.&nbsp;

[smartcode_project:default project_id=141702 project_image_fid=228147]

Fox Lane's onsite amenity includes a cinema, pool and BBQ area with expansive district views. Fox Lane also offers easy access to some of Rockdale’s many local amenities and urban conveniences, just an eight-minute walk to&nbsp;Rockdale or Banksia Station.

The area around Fox Lane is also teeming with a vibrant café and restaurant scene with some of the best food and dining spots nearby.

<h2>Projects: The Grand</h2>

<h3>Location: 27-37 Mann Street, Gosford NSW 2250</h3>

<h3>Developer: TQM Group</h3>

<a href="/developers/ace-property-group">Ace Property Group</a> and TQM Group, who have teamed up on several apartment developments previously, have collaborated again to create the apartment development The Grand.

Situated on <a href="/new-apartments/gosford-nsw-2250">Gosford</a>'s Mann Street, the project offers one of the most desirable locations for apartment seekers across the entire Central Coast.

<a href="/new-apartments/the-grand-gosford-27-37-mann-street-gosford">The Grand</a> will comprise 138 apartments across an 18-level <a href="/architects/kannfinch">Kann Finch</a>-designed tower.&nbsp;

Prospective first home buyers at The Grand can pay no stamp duty for the two-bedroom apartments, which start at $700,000. They span nearly 100 sqm of internal living area.

[smartcode_project:default project_id=22753 project_image_fid=210677]

Architecture firm Kann Finch designed the tower to protrude from a fine-grained sandstone podium, which will be crowned by a striking resident infinity pool and a landscaped garden by <a href="/landscape-architect/site-image">Site Image Landscape Architects</a>.

Within the podium, on street level, will be several food and beverage tenancies when the building is complete in 2025.

The open-plan apartments feature floor-to-ceiling glass windows, taking in sweeping views of either the water or the wider Central Coast district. The well-appointed kitchens come furnished with Smeg appliances, Parisi tape-ware, timber veneer, and stone benchtops.&nbsp;

<h2>Projects: Tallawong Village</h2>

<h3>Location: 2-12 &amp; 1-15 Conferta Avenue, Rouse Hill NSW 2155</h3>

<h3>Developer: Deicorp</h3>

<a href="/developers/deicorp">Deicorp</a>'s <a href="/new-apartments/tallawong-village-rouse-hill-shop-30-12-conferta-avenue-tallawong">Tallawong Village</a> offers highly affordable but contemporary apartments in Sydney's growing Hills District, with varying floor plans of one, two and three-bedrooms catering to both rightsizers and first home buyers.

Situated on the doorstep of the Sydney Metro Tallawong Station, Tallawong Village boasts unparalleled connectivity, with existing access to the Sydney CBD, and plans already underway to connect <a href="/new-apartments/tallawong-nsw-2762">Tallawong</a> to the future Western Sydney International Airport.

[smartcode_project:default project_id=106821 project_image_fid=215904]

The village will also benefit from the planned future Tallawong Town Centre, which will deliver up to 30,000 sqm of retail floorspace, while the bustling Rouse Hill Town Centre is just one stop away on the Metro.&nbsp;

Tallawong Village is a part of the more than 2,000 apartments that Deicorp is delivering along the Northwest Metro line, with the group also responsible for the <a href="/new-apartments/hills-showground-village-castle-hill-2-mandala-parade-castle-hill">Hills Showground Village</a> in <a href="/new-apartments/castle-hill-nsw-2154">Castle Hill</a> and <a href="/buildings/proximity-rouse-hill-8-civic-way-rouse-hill">Proximity</a> at <a href="/new-apartments/rouse-hill-nsw-2155">Rouse Hill</a>.

<h2>Projects: Auburn Square</h2>

<h3>Location: 26-36 Northumberland Road, Auburn NSW 2144</h3>

<h3>Developer: Tian AN Australia Ltd</h3>

Developed by <a href="/developers/tian-an-australia">Tian An LFD</a>, Auburn Square boasts the ultimate liveability in the heart of western Sydney.

<a href="/buildings/auburn-square-26-36-northumberland-road-auburn">Auburn Square</a> comprises 427 residences in one, two, and three-bedroom configurations, including nine retail and commercial suites and various amenities..

The project is ideally price pointed for first home buyers, with both one and two-bedroom apartments starting below $600,000.

[smartcode_project:default project_id=7317 project_image_fid=248568]

Each apartment has generously sized, open-concept living and dining areas, as well as well-appointed kitchens with integrated premium Westinghouse appliances.&nbsp;

A sprawling rooftop garden covering 2,000 sqm crowns Auburn Square and provides a welcoming retreat for residents to enjoy with their families, pets, and neighbours.&nbsp;

Auburn Square is only a four-minute walk from the train station, with easy access to Parramatta Road and the M4 for a quick drive to Sydney CBD or destinations further west.

<h2>Projects: Rhodes Central Oasis</h2>

<h3>Location: 39 Marquet Street, Rhodes NSW 2138</h3>

<h3>Developer: Billbergia</h3>

National property development firm <a href="/builders/billbergia-construction">Billbergia</a>'s recent release at their $2.5 billion masterplanned community Rhodes Central,&nbsp;<a href="/new-apartments/rhodes-central-oasis-39-marquet-street-rhodes">Oasis</a>, has been popular with first home buyers on Urban.

Designed by <a href="/architects/sjb-architects">SJB Architects</a>, the Oasis tower offers 126 one, two, and three-bedroom apartments starting at $865,000.

The apartments range from one-bedroom units up to 78 sqm, two-bedroom units around 90 sqm, and three-bedroom apartments reaching 116 sqm internally.&nbsp;

[smartcode_project:default project_id=112691 project_image_fid=205749]

Oasis also features a range of exclusive resident facilities, including an expansive swimming pool with private cabanas, a splash pad for children, and a spa.

Upon completion, the Rhodes Central neighbourhood covers approximately two hectares and will be home to five residential water-view buildings on the <a href="/new-apartments/rhodes-nsw-2138">Rhodes</a> peninsula when complete, housing over 1,500 apartments.

There will also be a central plaza with shopping, dining, and recreation offerings in the master plan.

Sydney's top five apartment development for first home buyers in 2024

Sydney-based developer&nbsp;<a href="/developers/haitchin-group">Haitchin Group</a> has been approved to include Latent Defects Insurance (LDI) at its Infinity Park mixed-use masterplan project in Sydney’s rapidly expanding <a href="/developments/norwest-nsw-2153">Norwest</a>.&nbsp;

<a href="/new-apartments/infinity-park-residential-7-maitland-place-norwest">Infinity Park</a> is the first and only development in Norwest to offer purchasers the insurance which provides property owners with a 10-year warranty post building completion.&nbsp;&nbsp;

Recently introduced in Australia by Resilience Insurance, LDI has been identified by the NSW Building Commissioner David Chandler as an essential “must-have” for property developers that insures property owners against structural defects for 10 years post building completion.&nbsp;

[smartcode_project:default project_id=94408 project_image_fid=214928]&nbsp;

Consumers have the ability to claim the costs of significant defect rectification directly with the insurer. It also covers the cost of rehousing residents during defect rectification, should it be required.

The insurance positions property developers as ‘market leading’ and following best practice, aimed at giving greater certainty and confidence to off the plan apartment purchasers and a tick of approval that the developer is safeguarding the interests of its future purchasers.

LDI must be taken out by either the developer or builder before construction starts, as the insurance effectively follows the whole project lifecycle and includes a complete examination of plans, specifications and other documentation, as well as monthly audits by independent technical inspectors through to certification of Practical Completion.

Once the 10-year warranty period expires, the strata corporation can transition to new insurance policies to protect their apartment buildings. This is expected to be at a lower premium than would otherwise be charged.

[smartcode_project:default project_id=94408 project_image_fid=214929]

Haitchin’s General Manager Robert Tasveski said LDI provides peace of mind and reassurance to off the plan purchasers at Infinity Park, knowing that they have a 10-year warranty against any structural defects.&nbsp;

“Latent Defects Insurance is intended to prevent the occurrence of structural defects in the first place. Just like car or private health insurance, you hope you never need to use it but if you do, you’re happy you have it,” he said.&nbsp;

“Importantly, its only offered to developers and builders deemed trustworthy by the insurer, Resilience Insurance. In order to receive the insurance, Infinity Park must pass rigorous and regular assessments by independent technical inspectors that ensure the quality of the construction is upheld.

“With the monthly inspections, if they find something that needs fixing, it needs to be rectified before the project proceeds to the next step.”

NSW Building Commissioner David Chandler said the introduction of Latent Defects Insurance is the latest reform to the building and construction industry which will improve the design and construction of apartment buildings in NSW.

“These reforms have come about due to the united commitment of government and industry to transform the NSW construction sector.

“NSW is now in the position of being a national leader in offering an insurance product of this type for Class 2 buildings because of the three years of conscious effort and commitment by Government and industry to the journey we have been on under Construct NSW.

“We’re looking to clean up the market and bring an end to expensive litigations against developers who have deep pockets or subsequently vanish into thin air.”

[smartcode_project:default project_id=94408 project_image_fid=214927]

When completed in mid-2025, the <a href="/architects/turner-studio">Turner</a>-designed Infinity Park will comprise 290 apartments across three residential buildings. The project consists of a 25-storey tower, Marque, along with two five-storey low-rise buildings, marketed as Alpha and Omega, comprising the most premium two- and three-bedroom apartments in the precinct.

A seven-storey commercial tower, Infinity Commercial, is situated opposite the residential buildings and comprises 95 strata commercial suites including a 193 sqm signature rooftop fine-dining restaurant by acclaimed hatted chef, Joshua Mason.&nbsp;

Haitchin has partnered with construction company&nbsp;<a href="/builders/cjca">CJCA</a> to deliver the project. Independent specialist Construction Consultants Pty Ltd will oversee the construction process.

[smartcode_project_cta:default project_id=94408]

Haitchin’s General Manager Robert Tasveski said LDI provides peace of mind and reassurance to off the plan purchasers at Infinity Park, knowing that they have a 10-year warranty against any structural defects

Infinity Park, Norwest buyers to get 10-year Latent Defects Insurance

The Rosehill-Camellia Landowners Alliance (RCLA), a consortium of four major landowners, are looking to the NSW State Government to collaboratively deliver a new $25 billion community on the Rosehill Racecourse and Camellia Town Centre sites.

Set to be delivered by 2050 on the amalgamated 90-hectare site in Western Sydney, the RCLA’s $25 billion vision will unlock access to the Parramatta River waterway with a new ferry wharf, light rail, and Metro stations.&nbsp;

The proposed plan will also see a town centre developed as the heart of 45,000 critically needed new homes which will include affordable housing. Retail, education and commercial space alongside community facilities, public open spaces, and new infrastructure, will make up the precinct.

<img alt="$25 billion new community planned for Western Sydney - Library" data-entity-type="file" data-entity-uuid="95844389-8039-4f5a-9de5-0a9e7c5c7699" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Rosehill%20Camellia%20Town%20Centre%20Library%20View.jpg?VersionId=qkeinOIXMrwdbCs0d4qAQ6esxOmzCqC6" />

RCLA members include Wentworth Properties, Billbergia, Abacus, and the Australian Turf Club.

The plan’s proposed new public spaces include a 350-metre-long beach and opens up an additional 1.5 kilometres of waterfront along the Parramatta River.

Rosehill-Camellia will also catalyse a three-minute economic super-hub in Western Sydney – with residents able to commute within minutes between Westmead, Parramatta and Camellia using the new Metro.&nbsp;

The new public transit and walkable community would be in easy walkable access to the new Metro Station, Parramatta Light Rail stops and a new ferry wharf.

Camellia was once a major industrial precinct, but its role as an employment hub has been in decline since the 1970s, with a 91% decrease in jobs since its 1976 peak.

<img alt="$25 billion new community planned for Western Sydney - footprint" data-entity-type="file" data-entity-uuid="fa07e64a-3dbf-4eb9-9d04-2819ab1d944f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Rosehill%20Camellia%20Town%20Centre%20Footpring.jpg?VersionId=F.Gqbyc.XIYysFFENothT52ZydvyLnd0" />

“This is a once-in-a-century opportunity to plan strategically for an entire ’city-within-a-city’, while also unlocking access to the riverfront – activating, remediating, and beautifying what is now a former industrial wasteland," Bilbergia Development Director&nbsp;Rick Graf said.

"It will enable Parramatta to fulfil its destiny as a global city alongside Sydney.

“For scale, the combined site is four times larger than Barangaroo and will accommodate 100,000 people, generating over 15,000 jobs.&nbsp;

It will be the largest development in the history of the Central River City and is a total game-changer for Western Sydney."

<img alt="$25 billion new community planned for Western Sydney - Station" data-entity-type="file" data-entity-uuid="e9494a50-cd9b-40e5-a0ef-e3925b5031db" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Rosehill%20Camellia%20Town%20Centre%20Train.jpg?VersionId=83LTlgvmV_BZraYca8kuNhFDsPRThj6d" />

Transport infrastructure like Parramatta Light Rail and the Metro West, provides an opportunity to develop a plan that considers the site’s strategic role over the next 50 years.&nbsp;This includes the long-term social infrastructure needed to support the major housing supply and contribute to the status of Central River City.

The Alliance members are calling on the NSW State Government to collaborate with the Landowners and the Council to develop a new and visionary master plan to optimise the amalgamated site. &nbsp;&nbsp;

"We want to ensure international best practices are utilised to leverage the potential for value creation for both the Government and the economy," Graf added.&nbsp;

“The new masterplan needs to be a highest-level collaboration between government and the private sector investors, and must have the best international expertise to crystallise the broader vision."

“This is a once-in-a-century opportunity to plan strategically for an entire ’city-within-a-city’" Bilbergia Development Director Rick Graf said.



$25 billion new community planned for Rosehill Racecourse land

With housing demand projected to outpace Greater Sydney in price and rental growth, the Norwest area in Sydney’s booming Hills District has become an attractive investment opportunity.

According to Urbis’s Norwest Market Outlook Report, sales prices and rental yields for apartments within the Norwest area outperformed those in the Greater Sydney Area between 2019 and 2022.

The Urbis Report indicates that infrastructure investment and new housing development is a key factor in the strong price growth over the period, attracting more affluent residents to the <a href="/developments/norwest-nsw-2153">Norwest</a> area. &nbsp;The median unit price has increased by 6.3% per annum over the past 10 years and median sales prices experienced growth of 8.7% in the past 12 months across 328 settled transactions.

Norwest and surrounding areas are benefitting from more than $9 billion in infrastructure investment, including the North West Metro, which is soon to connect direct to the CBD and beyond. On top of that there's the North Connex and West Connex motorways, as well as Norwest area-specific education, recreation, retail, health and service facilities that are contributing to the transformation of Norwest into a vibrant lifestyle and economic hub.&nbsp;

In addition, the dynamic growth of Norwest Business Park (one of the largest corporate precincts in Australia, with a focus on knowledge industries, and professional and health services), will continue to drive employment opportunities and demand for quality housing nearby.

Population growth is a key factor fuelling demand for housing, with Transport for NSW forecasting Norwest’s population growing by an average of 1.8 per cent per annum from 2022 to 2037 almost doubling the NSW average of 1.0 per cent per annum. This equates to a total population of around 63,700 residents by 20375.

To meet housing demands for this forecast increase in population, the Norwest area will require an additional 4,850 dwellings by 2037 and based on the historic 10-year average dwelling completions6, it is forecast to fall short of meeting the required supply. &nbsp;Given the significant decline in NSW dwelling approvals since 20177, the housing shortfall in Norwest is likely to further intensify.

Developer Mulpha has, for the past 30 years, been developing the $2.5 billion commercial, retail and residential estate, Norwest Business Park, in Baulkham Hills in Sydney’s Hills District – one of the largest integrated developments in Australia.

As part of Norwest, <a href="/developers/mulpha">Mulpha</a> is currently delivering stage 1 of its proposed multi-stage vision for the ‘<a href="/new-apartments/norwest-quarter-40-solent-circuit-norwest">Norwest Quarter</a>’. &nbsp;The plans for the entire Norwest Quarter precinct propose a major mixed-use development for over 2,000 residents across eight residential towers, 6,000 m2 of space for cafes, restaurants, neighborhood shops and everyday services, facilities and amenities within a vibrant village centre set within 3.8 hectares of greenfield land, up to 70 per cent of which is to be dedicated to green, open space. &nbsp;

[smartcode_project:default project_id=103264 project_image_fid=196015]

Mulpha’s Head of Development, Tim Spencer said the demand for quality apartments in Norwest reflects a change in mindset in how people view apartment living.&nbsp;

“The demand for quality apartments will continue to grow not just due to relative affordability but also the lifestyle benefits. &nbsp;These include being able to live in a great location close to transport connections, education and public amenities, parks and recreational facilities, all within a vibrant community.

“This is increasingly appealing to a broad range of people from singles, couples and families, to empty nesters who want convenience and community. With people enjoying busy and active lifestyles through all stages of life, many people don’t want the responsibility, time commitment and cost of maintaining a house and garden.&nbsp;

“Of course, the most important consideration with buying any apartment is the quality of design and construction and that it is being delivered by a developer with a strong track record of commitment to the area and who stands behind their product.”

The first stage of the Norwest Quarter is located within 400 metres of the Norwest Metro Station and comprises two residential apartment buildings, Lacebark and Banksia, as well as more than 3,500 sqm of retail and commercial space that aims to house a full-floor commercial gym, fresh food grocer, medical services, and restaurants.

[smartcode_project_cta:default project_id=103264]

Norwest and surrounding areas are benefitting from more than $9 billion in infrastructure investment, including the North West Metro, which is soon to connect direct to the CBD and beyond

Norwest apartment market in Sydney’s Hills District reports strong price and rental growth

New South Wales property developer&nbsp;Anson Group&nbsp;has secured approval for its near 200-apartment, four-building project in Sydney's Kensington.

Around 18 months after <a href="/news/nsw/first-look-anson-group-plot-mixed-use-kensington-development">filing for the $103 million mini-masterplan project</a>&nbsp;across&nbsp;77-103 Anzac Parade and 59A-71 Boronia Street, the Randwick City Council has given the project the all clear.

The <a href="/new-apartments/77-103-anzac-parade-59a-71-boronia-street-kensington">four buildings</a> vary in height from four levels on Boronia Lane to nine levels fronting Anzac Parade and will be anchored by a supermarket and further retail lining&nbsp;a new through-site access between Anzac Parade and Boronia Street.

<a href="/new-apartments/77-103-anzac-parade-59a-71-boronia-street-kensington"><img alt="First look: Anson Group plot mixed-use Kensington development" 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_2022-08-09_at_8.51.47_pm.png" /></a>The view from Anzac Parade south toward Building D. Image credit:&nbsp;<a href="/architects/bvn-architecture">BVN</a>&nbsp;Architects

The scale, density and design of the proposal is consistent with the vision of the Randwick DCP to transform the Anzac Parade corridor, within which the site is identified as an ‘opportunity site’ adjacent the Kensington Town Centre, architecture firm&nbsp;<a href="/architects/bvn-architecture">BVN</a>&nbsp;noted in their design statement submitted to the Randwick Council.

<a href="/architects/bvn-architecture">BVN</a>&nbsp;have used brick for the striking facade for the buildings, but with one of the buildings a lighter brick colour.

The majority of the development will be two-bedrooms, with 140 (71%) the owner-occupier, first home buyer and investor friendly type of stock. There will be 33 one-bedroom apartments (17%) and 24 three-bedroom apartments (12%),

<a href="/new-apartments/77-103-anzac-parade-59a-71-boronia-street-kensington"><img alt="First look: Anson Group plot mixed-use Kensington development" 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_2022-08-09_at_8.51.55_pm.png" /></a> 
A view east of the through-site link from Boronia Street. Image credit:&nbsp;<a href="/architects/bvn-architecture">BVN</a>&nbsp;Architects

Due to the site's sloped topography and deep footprint, the architectural response was to design four&nbsp;duplex units along the north-west corner of Boronia Street.

The lower courtyards provide privacy and a large private open space for the bedrooms on the lower levels, while the living spaces above maintain visual connection with Boronia Street.

The project will be down the road from TOGA's Anzac Parade project, <a href="/new-apartments/the-kensington-147-151-anzac-parade-kensington">The Kensington</a>, which is nearer Randwick Race Course.

Anson Group is awaiting further feedback from the North Sydney Council after lodging <a href="/news/nsw/first-look-st-leonards-set-for-tallest-tower-as-anson-group-file-for-mixed-use-development">plans for what will be one of St Leonards tallest towers</a> in late 2023.

The project will be down the road from TOGA's Anzac Parade project, The Kensington which is nearer Randwick Race Course.

Anson Group greenlit for Anzac Parade, Kensington apartments

Sydney builder developer&nbsp;<a href="/developers/coronation-property">Coronation Property Group</a>&nbsp;has kicked off construction on the second stage of their Ashbury Terraces residential project in Sydney's inner west.&nbsp;

<a href="/new-townhouses/ashbury-terraces-ashbury-165-171-milton-street-ashbury">Ashbury Terraces</a>, designed by acclaimed architects <a href="/architects/sjb-architects">SJB</a>, will a combination of 127 apartments and townhouse on a sprawling 16,500 sqm site on Milton Street in Ashbury,&nbsp;complemented by a range of communal amenities, green spaces and landscaping by Daniel Baffsky of <a href="/landscape-architect/360-degrees-landscape">360 Degrees</a>.

There will be 68 townhouses and 59 apartments.

&nbsp; 
Each residence will connect to outdoor entertaining areas, backyards or courtyards, while a handful of terraces will have rooftops with views of the city skyline and neighbouring parklands. &nbsp;

<a href="/developers/coronation-property">Coronation</a> Managing Director Joseph Nahas said the project promises to be a cornerstone of Coronation’s commitment to creating quality designed and expertly constructed residences within Sydney’s inner-west, delivering spacious homes for those seeking modern living. 
&nbsp; 
“The project has seen strong interest from local buyers, owner occupiers and downsizers who have an appreciation for the rarity of the project," Nahas said.

"Buyers are seeing value in larger terrace style homes offering communal amenities and oversized backyards – a unique feature to Sydney developments."

<img alt="Ashbury" data-entity-type="file" data-entity-uuid="465558e2-fb61-4a54-bd2b-0f3def31f740" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-03-04%20at%204.08.43%20pm.png?VersionId=tGD8.vCAD3Viqk9NN.I6Ajo4gIJnet4w" /> 
&nbsp; 
Surrounded by a heritage conservation area and located less than 10km from Sydney’s CBD, Stage Two of Ashbury Terraces will carefully consider the area’s significant history to deliver a collection of residences that improve as they age. It will be a great example of how the built environment connects seamlessly to its surrounding green spaces.&nbsp;

SJB Director Adam Haddow said the development heralds a new standard of residential excellence in Sydney’s inner-west. 
&nbsp; 
"The development has been designed to ensure that as time passes and people move through the site, a sense of community is fostered ensuring that Ashbury Terraces positively contributes to the social fabric of the area,” he said.

[smartcode_project:default project_id=112253 project_image_fid=193250]

Haddow said the design reflects the changing needs of modern living.

"We focused on creating spacious, light-filled homes that offer a seamless connection between indoor and outdoor spaces. The large backyards provide a private oasis in the city, while the added amenity offers residents a complete lifestyle experience." 
&nbsp; 
Construction for Ashbury Terraces Stage One is on track for completion by the end of 2024, while Stage Two is set to be completed in the second half of 2025.

[smartcode_project_cta:default project_id=112253]

Construction for Ashbury Terraces Stage One is on track for completion by the end of 2024, while Stage Two is set to be completed in the second half of 2025

Coronation commence construction on Ashbury Terraces second stage

Developer Piety Group has achieved a complete sell-out in their <a href="/developments/wentworth-point-nsw-2127">Wentworth Point</a> apartment development, ONE The Waterfront.&nbsp;

All of the 273 one, two and three-bedroom apartments at the Amalfi Drive development, a collaboration between <a href="/developers/piety-group">Piety Group</a>, <a href="/interior-designers/turner-studio">TURNER STUDIO</a>, <a href="/architects/stanisic-architects">Stanisic Architects</a>&nbsp;and <a href="/landscape-architect/urbis">Urbis</a>, have now sold.&nbsp;

Read more:&nbsp;<a href="/news/nsw/why-were-onto-our-third-one-the-waterfront-apartment-in-wentworth-point-urban-buyer-q-a">Why we're onto our third ONE The Waterfront apartment in Wentworth Point: Urban Buyer Q&amp;A</a>

[smartcode_project:default project_id=5751 project_image_fid=209824]

&nbsp;

ONE The Waterfront features a number of resort-style facilities including a&nbsp;swimming pool, a fee-free commercial gym, tennis courts, and an outdoor rooftop cinema. Additionally, residents have access to CLUB ONE, a community centre equipped with another private cinema.

[smartcode_project:default project_id=5751 project_image_fid=195415]

The location was a big plus for buyers. The project sits near&nbsp;Homebush Bay and is within walking distance of the Olympic Park Train Station. It's also adjacent to Bay Park's expansive parklands, featuring amenities such as a children's playground, fitness station, and additional barbecue facilities.

<a href="/project-marketer/laver-residential-projects">Laver Residential Projects</a>&nbsp;took over sales at <a href="/buildings/one-the-waterfront-17-amalfi-drive-wentworth-point">ONE The Waterfront</a>, selling 181 of the apartments.

[smartcode_project_cta:default project_id=5751]

Laver Residential Projects took over sales at ONE The Waterfront, selling 181 of the apartments

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