Property developer One Living, backed by former Macquarie banker turned investment manager Chris Green’s investment firm, has unveiled plans to bring more institutional capital into housing to help address the national supply crisis.

The New York-based investor has focused his firm, GreenPoint Partners, on addressing the supply shortage hitting middle market housing in Australia.

It is backing the new One Living business to develop more than 1000 units along the eastern seaboard. The new firm is starting with a development on Mona Vale Road, on the border of Mona Vale and Pymble, in Sydney’s Northern Beaches, with around 140 apartments planned. They are eyeing off more sites across the city.

With cost pressures rising in the industry, One Living’s model is to be a vertically integrated developer-builder, so it can respond directly to the housing gap by removing the cost inefficiencies embedded in traditional residential delivery.

“We are building a platform designed to operate at scale and starting in a market where there’s a clear need for quality, attainable housing,” One Living joint managing director Joseph Scuderi said.

“It’s that missing middle – it’s that attainable end of housing… that’s what most Australians invest into and what Australians can actually afford.”

<img alt="Mona Vale" data-entity-type="file" data-entity-uuid="798dfa93-4941-4db6-a696-31e9dc18e81c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%202.31.50%E2%80%AFPM.png?VersionId=mKBqi5C_DmeiXS.AtJkcR8LQIxqCqmFi" />

GreenPoint Partners brings years of experience assembling and scaling real estate operating businesses across major markets. And Green sees a big opportunity in Australia.

“For its size, sophistication and importance to the community, Australia’s living sector has remained largely under-institutionalised, which represents significant opportunity,” Green said. “GreenPoint identified that gap, assembled the right team, and is backing One Living to build a platform that is aligned to market needs.”

Green said being a builder-developer would give the company the capacity and flexibility it required to deliver reasonably-priced homes.

“We want it to be at that attainable level; not super high end luxury but at that attainable level,” he said.

<img alt="Mona Vale" data-entity-type="file" data-entity-uuid="74a5344a-4b26-4d4a-ada3-056b1220be77" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%202.32.15%E2%80%AFPM.png?VersionId=vY8hXHO4reBMdO8ZXMWCNtGZJofUPQ3j" />

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One Living will undertake a component of affordable housing in its schemes, which it will own and operate, and it could also run build-to-rent on some sites.

Green praised local policy settings.

“The NSW government is being very supportive, strategic and pragmatic in terms of how do we generate more supply of housing,” he said. “We think it’s actually positive for development and the bit that’s been lacking at that attainable level is that it’s lots of relatively small private developers, whereas we want to create an institutional platform.”

One Living is also&nbsp;looking at high-density projects and could take on more institutional funding in the future.

“The way we will be able to achieve economies of scale is through size,” Green added.

Joel Robinson

One Living enters Sydney's new apartment market with Northern Beaches site acquisition

It's been several years since there's been an opportunity to buy a brand new townhome in Melbourne's coastal suburb of Mordialloc. Even apartment developments in recent times have been few and far between in the area.

Local developer LDS Property identified the gap in new housing, securing a site on White Street, directly opposite&nbsp;Woodlands Golf Club Mordialloc. They've recently launched&nbsp;<a href="https://www.apartments.com.au/new-townhouses/wm-residences-mordialloc-102-white-street-mordialloc-vic-3195">WM Residences</a>, just 13 townhouses which they have already started building.

Projects by Buxton Director Heath Thompson, who is selling WM Residences, says the townhouses x that perfect middle ground be

"Mordialloc residents have had limited options to downsize within the suburb, often forcing them to look elsewhere despite long-standing ties to the area," Thompson says.

"With very little comparable new supply coming to market, projects like WM Residences are well placed, particularly as buyers look to capitalise on current conditions amid constrained supply."

[smartcode_project:default project_id=134646 project_image_fid=6109]

The development, designed by regarded architecture firm&nbsp;<a href="https://www.apartments.com.au/architects/ewert-leaf">Ewert Leaf</a>,&nbsp;adopts a deliberately restrained architectural approach, focusing on simplicity, durability and liveability rather than overt design gestures.

The boutique scale is central to the offering. With only 13 three-bedroom residences, each home is configured to prioritise functional layouts and everyday use, supported by private terraces and secure two-car garages.

Ewert Leaf’s design response leans into a calm, neutral material palette. Interiors are defined by oak flooring, white walls and soft finishes, creating a consistent and understated backdrop. The approach avoids trend-driven detailing in favour of longevity, with an emphasis on natural light and spatial clarity.

[smartcode_project:default project_id=134646 project_image_fid=6110]

Beyond aesthetics, the homes are designed to meet contemporary performance expectations. Each residence targets a minimum 6-star energy rating, incorporating double glazing, comprehensive insulation and all-electric Bosch appliances.

The project’s location supports a walkable coastal lifestyle, sitting within close proximity to Mordialloc’s foreshore, Main Street retail strip and the train station. Local cafés and dining venues, including Suburbia Deli and Hendriks Café, are within a short walk, reinforcing the area’s established neighbourhood character.

[smartcode_project:default project_id=134646 project_image_fid=6116]

While <a href="https://www.apartments.com.au/developments/mordialloc-vic-3195">Mordialloc</a> is often defined by its beach and pier, the project taps into other areas of day to day living, offering easy access to local food, casual dining and transport, rather than positioning itself purely as a lifestyle retreat.

WM Residences reflects a continued trend across Melbourne’s coastal suburbs towards smaller-scale, design-led townhouse developments, particularly on infill sites where proximity to amenity is already established.

With construction commenced prior to its market entry, the project aligns with a growing preference among buyers for developments with visible progress and defined delivery timeframes.

[smartcode_project_cta:default project_id=134646]

WM Residences fills gap in Mordialloc townhouse market

&nbsp;

Developer GURNER™ Group has revealed $1.65 billion in residential sales nationally across the 12 months to December 2025, driven largely by the continued momentum of its Docklands wellness-focused precinct, Elysium Fields.

The sales result was generated across seven projects in Victoria and New South Wales, headlined by Elysium Fields, GURNER™’s $2.75 billion mixed-use precinct planned for Harbour Esplanade in Docklands.

The project has recorded more than $500 million in sales across the first three towers, equating to around 580 apartments sold.

The first tower, Helios, has now sold out of its 240 private residences, with GURNER™ preparing to release a premium penthouse collection comprising 15 three-bedroom penthouses in coming weeks.

[smartcode_project:default project_id=144441 project_image_fid=370975]

Elysium Fields is being developed on the long-held 20,000 sqm Docklands site at 208-226 Harbour Esplanade, which had remained undeveloped for more than two decades prior to GURNER™ taking over the project around four years ago.

Construction has now commenced across four towers ranging between 18 and 30 storeys, with Hamilton Marino and Maxcon appointed as builders.

Once complete, the precinct is expected to comprise around 1,100 residences, alongside retail, hospitality and public realm uses integrated throughout the site.

[smartcode_project:default project_id=144441 project_image_fid=370981]

Designed by Fraser &amp; Partners in collaboration with GURNER™ Design House, the project has been positioned around the developer’s broader focus on wellness-led residential living.

“We don’t sell apartments. We create a true luxury lifestyle that simply doesn’t exist elsewhere in the market today,” Founder and Executive Chairman Tim Gurner said.

“To deliver that requires an extraordinary level of detail, coordination and discipline across multiple verticals, from design and hospitality through to wellness and service.”

“We’ve always believed that living extends far beyond the physical residence. It’s about how you feel the moment you arrive, how you live day-to-day, and the ecosystem that supports that.” 
[smartcode_project:default project_id=144441 project_image_fid=370977]

The project’s design places a heavy focus on landscaping, wellness amenities and biophilic design principles.

Plans include around 3,700 sqm of landscaped gardens and open space throughout the precinct, alongside a retail and dining offering spanning approximately 5,000 sqm.

The broader public realm strategy centres around what GURNER™ describes as the “Path of Life”, an urban forest and landscaped pedestrian environment intended to connect the various buildings and wellness spaces across the precinct.

The apartments themselves will incorporate a range of wellness-focused inclusions, including purified air and water systems, circadian lighting, antimicrobial surfaces, and optional in-home wellness upgrades.

[smartcode_project:default project_id=144441 project_image_fid=370980]

Gurner said the company’s experience through its Saint Haven wellness clubs had directly informed the residential offering now being incorporated into Elysium Fields.

“We’re seeing a clear global shift toward longevity, performance and proactive health,” Gurner said.

“Our role is to deliver that in a way that feels seamless, highly private and beautifully resolved within the environments we create.”

A large component of the wellness offering is planned through the resident amenity and health facilities proposed within the precinct.

That includes plans for bathing and recovery facilities spread throughout the towers, incorporating mineral pools, saunas, steam rooms, flotation therapy, red light therapy and wellness lounges.

The developer is also seeking approvals for what it describes as a “reverse ageing medical clinic” within the precinct.

[smartcode_project:default project_id=144441 project_image_fid=370978]

According to project information released by the group, the proposed facility would include cryotherapy, IV infusion therapy, infrared and dry saunas, PEMF beds, MRIs, DEXA scans, brain scans and blood analysis services.

Within the first tower, Helios, residents will also have access to a dedicated amenity offering known as the Sky Private Club.

The upper 15 levels of the building will include private lounges, dining spaces, rooftop amenities and optional private wellness studios integrated within residences.

The Helios tower itself comprises 260 apartments ranging between 60 sqm and 300 sqm, including a collection of penthouses.

That includes a planned two-storey penthouse spanning around 600 sqm with uninterrupted bay views.

The Elysium Fields precinct is being delivered in partnership with Digital Harbour Holdings, a consortium that includes the Liberman family, which controls the development rights across the Docklands site.

[smartcode_project:default project_id=144441 project_image_fid=370979]

The sales result comes as GURNER™ continues expanding its national development pipeline beyond Victoria.

“We have a strong pipeline across Australia and are now focused on scaling into key markets including New South Wales and Queensland, while continuing to build on our Melbourne base,” Gurner said.

“We currently have more than $3 billion in the market, growing to over $5 billion by October, and expect to materially outperform last year in the 2026 calendar year.”

The result also reflects the continued strength of the upper-end apartment market in Melbourne, particularly for owner-occupier-focused product with large-scale amenity and lifestyle offerings.

[smartcode_project_cta:default project_id=144441]

Record result anchored by the Group’s “utopian” Elysium Fields precinct – defying market headwinds in Docklands.

Elysium Fields drive Gurner to $1.65 billion in apartment sales over 2025

National Australia Bank (NAB) will fund <a href="https://www.apartments.com.au/new-apartments/palmera-residences-gold-coast-18-garfield-terrace-surfers-paradise-qld-4217">Palmera</a>, a $1 billion, 52-level luxury residential tower being developed by Central Equity in one of the Gold Coast’s most tightly held coastal locations at Northcliffe.

The project, launched recently by <a href="https://www.apartments.com.au/developers/central-equity">Central Equity</a>, one of Victoria’s largest private residential developers, comes at a time when construction funding for large residential developments has become increasingly competitive as lenders tighten exposure to the sector.

Multiplex has been appointed the builder, and construction is now underway.

[smartcode_project:default project_id=108274 project_image_fid=365784]

Since its first project, Central Equity has delivered more than 85 residential developments with a combined end value exceeding $8 billion.

Palmera reflects Central Equity’s growing focus on the Gold Coast luxury apartment market and continues a relationship between Central Equity and NAB that dates back to the late 1980s, when the bank funded one of Melbourne’s earliest inner-city residential towers at a time when high-rise apartment living in the CBD was largely unproven.

“NAB’s funding of Central Equity’s $36 million CBD development in the late 1980’s to the financing of the billion-dollar tower today highlights the long-term relationship between the two organisations in delivering major residential projects” said Central Equity Founder and Chairman Eddie Kutner.

He said NAB’s early support was instrumental in helping establish the company’s development model.

“When we commenced our first residential tower in the late 1980s the concept of funding off-the-plan apartments was still largely untested in Australia,” Kutner said.

“NAB recognised the opportunity early and supported the project when others were uncertain. That relationship has now continued for more than 37 years across many developments.”

[smartcode_project:default project_id=108274 project_image_fid=365771]

Central Equity was established in 1987 when Melbourne’s CBD and Southbank precinct were still dominated by warehouses and commercial buildings. Fewer than 100 residents lived in Southbank at the time, and large-scale residential development in the inner city was not widely considered.

Recognising changing demographics and lifestyle preferences, the company began developing high-rise residential projects designed to bring permanent residents into the city centre.

Central Equity has provided accommodation for approximately 40,000 residents across Melbourne’s CBD and Southbank, while also incorporating supporting infrastructure including essential lifestyle facilities like retail spaces, childcare facilities and neighbourhood activity centres.

Central Equity has spent many years assembling the Palmera development site on the corner of Garfield Terrace and Frederick Street in Northcliffe, creating a supersite of around 3,300 sqm.

The developer said the Palmera apartment tower reflects its long-term view of the Gold Coast as a growing and increasingly diversified economy.

[smartcode_project:default project_id=108274 project_image_fid=365768]

Supported by infrastructure including the light rail network, major road upgrades expanded education, hospital and medical facilities and continued expansion at the Gold Coast Airport with more internation and domestic flights.

Positioned in the tightly held Northcliffe precinct, the 52-level tower will deliver 347 apartments, targeting buyers seeking a high-end coastal lifestyle, from downsizers to interstate investors.

Designed by Marchese Partners with interiors by DBI, Palmera has been conceived as a next-generation residential offering, featuring a collection of oversized apartments, with premium three-bedroom residences offering sweeping northern views stretching from Surfers Paradise through to Burleigh Heads.

[smartcode_project_cta:default project_id=108274]

NAB funds $1 billion Surfers Paradise apartment development, Palmera

Two years after completing one of the newest developments in North Sydney, developer <a href="https://www.apartments.com.au/developers/aqualand-australia">Aqualand</a> is turning its attention to the rapidly evolving St Leonards apartment market.

The developer, which completed AURA by Aqualand on North Sydney's Walker Street, has lodged plans for a 5,918 sqm site at <a href="https://www.apartments.com.au/new-apartments/33-37-herbert-street-st-leonards-nsw-2065">33-37 Herbert Street, St Leonards,</a> seeking approval for a pair of residential towers rising above a shared podium opposite Royal North Shore Hospital.

The proposal forms part of the broader transformation underway across the St Leonards-Crows Nest precinct, where former industrial and commercial sites are increasingly being redeveloped into high-density mixed-use projects tied to major transport infrastructure.

<img alt="Aqualand" data-entity-type="file" data-entity-uuid="2cc428cf-fe70-4cac-9cd5-264ad53af62c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%209.51.56%E2%80%AFAM.png?VersionId=otKSnHtbjAvAddOnovyXQMgcAwE6DMe1" />

According to the planning documents, the site sits “within the St Leonards–Crows Nest Strategic Centre, identified by the NSW Government as a key area for accommodating future jobs and housing across Sydney.”

The proposal has been designed by fjcstudio, formerly FJMT Studio, and is being progressed through the State Significant Development pathway due to its scale and affordable housing provision.

The scheme would comprise 413 apartments, including 46 affordable housing units, alongside retail and commercial uses fronting Herbert Street. The project would also include communal open space, landscaping, a swimming pool, gymnasium, children’s play areas and podium-level resident amenities.

Planning documents show the development would consist of a part-13, part-39 storey tower form positioned above a four-storey podium.

“The development comprises a unified podium that activates the street interface, and two setback towers to accommodate new housing supply while maintaining an appropriate human scale at ground level,” fjcstudio noted in its Design Report.

The northern and southern towers have been shaped to respond to the surrounding skyline while also limiting overshadowing impacts to nearby public open space, particularly Talus Reserve.

The design report said the differing tower heights were intended to “contribute to a varied skyline while responding to the surrounding built form context and solar access considerations.”

<img alt="Aqualand" data-entity-type="file" data-entity-uuid="36da62dc-ff9e-41f2-a7e3-7be38373751c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%209.51.45%E2%80%AFAM_0.png?VersionId=Mo6Rp2r.XRLTzIfg_PEEpw8NepDH8UBs" />

The site sits directly opposite Royal North Shore Hospital and within walking distance of both St Leonards Station and the new Crows Nest Metro station.

While the site itself sits just outside the formal Crows Nest Transport Oriented Development boundary, the planning documents repeatedly reference its alignment with the broader TOD objectives reshaping the Lower North Shore.

“The site is located adjacent to St Leonards Station and in close proximity to Crows Nest Metro which is within the Crows Nest Transit Orientated Development Accelerated Precinct which has been identified by the NSW Government to support housing delivery,” the Design Verification Statement noted.

According to fjcstudio, the project has been designed to respond to the broader transition occurring across St Leonards, where increasing residential density is being concentrated around transport infrastructure and employment hubs.

“The broader precinct is undergoing significant change, with a mix of existing mid-rise buildings and newer high-density developments,” the report stated.

“Recent and approved projects indicate a consistent shift toward taller built form, typically organised as tower-and-podium typologies with more active ground levels.”

The proposal includes close to 6,000 sqm of retail and commercial space across the ground floor and podium levels, designed to create a more activated street edge along Herbert Street.

Aqualand’s plans would also introduce a landscaped podium shared between the two towers, with communal open space in the form of a podium rooftop designed to support resident interaction and improve urban greening outcomes. The scheme would also introduce pocket parks at the northern and southern ends of the site, including a landscaped area at the corner of Herbert and Ella streets designed to improve pedestrian amenity and soften the streetscape.

&nbsp;

The proposal is being progressed through the NSW Government’s Housing Delivery Authority pathway, which was introduced to accelerate housing supply across the state. The application was declared State Significant Development in April 2025 following an expression of interest process.

<img alt="Aqualand" data-entity-type="file" data-entity-uuid="faf6d97d-2671-454f-b85a-fe1c6a7be608" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%209.51.49%E2%80%AFAM.png?VersionId=diVd28OBVr5.YV.7prrOz.uAanwwwm7a" />

St Leonards has been particularly active with new developments in recent weeks. Developer SP Setia’s <a href="https://www.apartments.com.au/news/nsw/first-look-sp-setia-targets-st-leonards-skyline-with-40-storey-tod-tower">plans for a new 42-storey tower</a> recently went on exhibition through the same pathway, while <a href="https://www.apartments.com.au/news/nsw/first-look-stockland-plans-52-storey-538-apartment-st-leonards-tower">Stockland’s 52-storey tower proposal</a> was also recently unveiled.

Aside from the St Leonards project, which is expected to take around nine months to move through the approvals process ahead of a potential 2027 launch, Aqualand is also preparing to launch Boronia, a new apartment project in Roseville comprising around 111 apartments on Larkin Street.

The developer also has approvals in place for the next stage of the Barangaroo precinct, which will feature new residential, retail, hospitality and community uses, alongside a new metro entry across the five-hectare site.

More than 50 new retail destinations are planned for Central Barangaroo, alongside a 270-metre-long boulevard connecting Hickson Park to Nawi Cove. Together with Harbour Park, more than 50 per cent of the precinct will comprise public open space and parkland.

First look: Aqualand joins St Leonards apartment party

Sydney off the plan apartments

Deicorp's GrandH Apartments take centre stage in the heart of Hurstville, offering its residents the highest level of connectivity both around the suburb and to the city.

Just 20 minutes from the city centre by rail, GrandH residents can enjoy quick and easy access to all that Sydney has to offer. The local train station is conveniently just a short walk from the apartments, ensuring stress-free commuting for the busy city dwellers.

[smartcode_project:default project_id=5658 project_image_fid=47760]

The transport interchange is also adjacent to the completed GrandH Apartments, acting as a gateway to the entire Sydney metropolitan area. With frequent bus services to popular destinations such as Ashfield, Bankstown, Macquarie Park, and Miranda, residents of GrandH have the city at their fingertips.&nbsp;

Food enthusiasts will find themselves in culinary heaven in Hurstville. Renowned for its range of gastronomic offerings, the area boasts a rich tapestry of global flavours, with authentic Chinese cuisine taking centre stage.

For those seeking a quick bite, the neighbourhood's array of street food options offers a delightful mix of old favourites and exciting new surprises.

[smartcode_project:default project_id=5658 project_image_fid=47757]

When it comes to shopping, GrandH Apartments residents are spoiled for choice. Westfiled Hurstville is just a three-minute walk away. That homes 232 stores, including popular brands like Cue, Witchery, Sheike, and Swarovski, as well as a range of al fresco dining and entertainment options.

And for daily grocery needs, residents can rely on the conveniently located Coles and Woolworths, right at GrandH's doorstep.

[smartcode_project_cta:default project_id=5658]

Just 20 minutes from the city centre by rail, GrandH residents can enjoy quick and easy access to all that Sydney has to offer

alisonwarters@gmail.com

Deicorp's completed GrandH Apartments take centre stage in Hurstville

ASX-listed developer Mirvac has topped out the second and final stage of its $790m NINE by Mirvac residential community in Willoughby.

When completed in early 2024, Stage 2 will comprise 214 dwellings across five residential buildings, as well as a community pavilion for both residents and the local community.

The residential community occupies the 3.2-hectare site of the former Channel Nine television studios, six kilometres north of the Sydney CBD. NINE by Mirvac has 442 apartments across 10 buildings.

Mirvac General Manager Residential Development NSW Toby Long said the topping out of Stage 2 was another demonstration of Mirvac delivering for its customers while ensuring quality in every detail.

“We acquired a site that was closed to the public for almost 70 years and we’re thrilled to be one step closer to transforming it into a place that not only residents but the widercommunity can enjoy,” Long says.

“NINE by Mirvac is a testament to our commitment to the Sydney housing market. Given our best-in-class 5-star iCIRT rating, buyers can be assured they are getting an industry-leading quality product.”

[smartcode_project:default project_id=93788 project_image_fid=186245]

NINE will also include two proposed food and beverage tenancies, a 1,000 sqm retail/commercial building and 6,500 sqm of open space. The new community has been popular with local downsizers and young families attracted by the Mirvac design quality and the extensively landscaped surroundings.

The five buildings in Stage 2 - ranging in height from four to nine storeys - comprise a mix of one, two and three-bedroom residences, including penthouses with sweeping district views.

The buildings are an expression of distinctively timeless architecture created by the award- winning Mirvac Design Team in collaboration with architects CHROFI.

[smartcode_project:default project_id=93788 project_image_fid=216656]

The Committee for Sydney (2022) estimates there is a historical under supply of about 96,000 dwellings in Sydney with data from the Australian Bureau of Statistics and Urban Development Institute of Australia NSW (UDIANSW) showing apartment approvals still remain 60 per cent below their 2018 peak.

“With NINE by Mirvac here in Willoughby, and the recent topping out of three buildings at Green Square, Zetland, we are not only generating more places close to the city for Sydney-siders to call home, but also fostering communities that will meet the needs of its residents for years to come," Long added.

"Our commitment could not be more important as we play our part in resolving the housing affordability crisis."

[smartcode_project:default project_id=93788 project_image_fid=216658]

Mirvac General Manager National Design Brett Crellin says since 1972, Mirvac has been providing much-needed, and much-loved, homes for Australians and that that experience is invaluable, especially in the current crisis.

“We consider the quality of the material to extract the best value from it. We've got 50 years of experience delivering buildings, and we always strive for excellence that’s above and beyond. The team has been incredibly focused on leaving a beautiful legacy,” Crellin says.

“The level of design detail which has gone into delivering the vision has set a new precedent within our residential portfolio.” Mirvac’s five decades of experience are evident in the care and attention paid to social connectivity and well-being through the inclusion of The Gateway Hub, a multi-function space for residents and the local community. It features an open-air pavilion with a green roof, outdoor terrace seating and servery facilities, underlining the community values at the heart of NINE by Mirvac.

Stage 1 at NINE by Mirvac is anticipated for completion in Spring 2023 and Stage 2 is due for completion in early 2024.

[smartcode_project_cta:default project_id=93788]

The residential community occupies the 3.2-hectare site of the former Channel Nine television studios, six kilometres north of the Sydney CBD



NINE by Mirvac tops out final stage of $790m NINE by Mirvac in Willoughby

Serrata, the latest off the plan apartment development in <a href="/developments/blakehurst-nsw-2221">Blakehurst in Sydney's South</a>, was inspired by the Banksia Serrata foliage that flourishes abundantly in the area.

The development, by&nbsp;Sydney-based investment and development firm Princeton, comprises just 32 architecturally-designed apartments, a mix of one, two and three-bedrooms.

Located amid waterways and parklands, the development will place residents within easy reach of a number of amenities.

[smartcode_project:default project_id=8658 project_image_fid=199523]

The nearby Carss Bush Park provides a setting for leisurely walks and cycling along scenic pathways, while, just a stone's throw away, Stuart Park is home to cricket nets and basketball courts, providing further outdoor recreational opportunities.

Located just minutes away is the <a href="/developments/hurstville-nsw-2220">thriving hub of Hurstville</a>, which caters to shopping and dining desires, with Westfield Hurstville a retail haven boasting a diverse range of shops and dining experiences.

The convenience of the nearby train station makes commuting a breeze, with a direct train to the city, taking only half an hour, making urban exploration effortless for city dwellers.

[smartcode_project:default project_id=8658 project_image_fid=199515]

Families will find Serrata an ideal place to settle down, as the locality is abundant with reputable schools, reflecting the family-friendly atmosphere of the area. The proximity of the St George Hospital precinct also ensures residents have access to quality healthcare facilities.

Beyond the immediate vicinity, residents have access to a range of recreational options for leisure and entertainment. The bayside beaches, including Ramsgate Beach, offer a perfect escape to unwind and soak up the coastal vibes, while Netstrata Jubilee Stadium is also nearby, home to the St. George Illawarra Dragons.

[smartcode_project_cta:default project_id=8658]

The development, by Sydney-based investment and development firm Princeton, comprises just 32 architecturally-designed apartments

Inspired by the Banksia Serrata: Inside Princeton's Blakehurst apartment development Serrata

The Bowery, a boutique collection of 25 apartments, stands as a testament to the <a href="/developments/alexandria-nsw-2015">evolution of Alexandria</a>.

Developed by VDM, the apartments offer a unique double-storey layout, combining private bedroom retreats with open-plan living areas that seamlessly flow onto inviting terraces and courtyards.

The building's design, envisioned by The Architecture Company, pays homage to <a href="/developments/alexandria-nsw-2015">Alexandria's rich history</a>. Dark face brickwork, complemented by dark and off-white rendered exterior blades, along with black-framed windows and doors, create a harmonious interplay of finishes and forms. The modern industrial aesthetic is further accentuated by the metal-clad upper levels, adding a touch of contemporary elegance to the facade.

[smartcode_project:default project_id=6459 project_image_fid=185201]

<a href="/developments/alexandria-nsw-2015">Alexandria has been rapidly transforming</a> from an industrial city fringe suburb into a vibrant hub of creativity, cuisine, and culture. Taking inspiration from the urban revival seen in iconic cities like New York, The Bowery represents a fusion of the past and the future.

Alexandria's rejuvenation has seen old warehouses transformed into inventive eateries, event spaces, and designer furniture stores. The Grounds of Alexandria and Saporium at The Cannery, both gourmet food precincts, have become lively hubs of activity, complementing the area's cherished antique stores and rag trade headquarters.

The upcoming $8 billion Green Square Town Centre project is also helping to revitalise Sydney's oldest industrial heartland, transforming it into a thriving, sustainable community and commercial centre.

[smartcode_project:default project_id=6459 project_image_fid=185200]

Ralph Street and its surroundings are undergoing rezoning and redevelopment, transforming into a high-growth residential corridor dotted with imaginative buildings. The Bowery enjoys a prime location, just a short walk away from local cafes, supermarkets, CBD buses, and Green Square Station, providing quick access to the airport and city centre. The vibrant urban villages and nightlife hotspots of <a href="/developments/erskineville-nsw-2043">Erskineville</a>, <a href="/developments/newtown-nsw-2042">Newtown</a>, <a href="/developments/redfern-nsw-2016">Redfern</a>, and <a href="/developments/surry-hills-nsw-2010">Surry Hills</a> are also within easy reach, as are Sydney University and UTS.

Influenced by the heritage of the area, Allen Jack+Cottier utilised bold polished concrete floors and plywood accents throughout, coupled with a clever use of full-height glazing and glass louvres which enhance the sense of space and natural light throughout.

Residents had a choice from two colour schemes, featuring paler and darker tones, which extend to the kitchens and bathrooms.

Crowning the building is a landscaped rooftop, offering views down the tree-lined street, with a pergola providing shade alongside a community garden.&nbsp;

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The building's design, envisioned by The Architecture Company, pays homage to Alexandria's rich history

The Bowery: A fusion of past and present in Sydney's Alexandria 

Leading Australian integrated property development group, Aqualand, is one step closer to unveiling its latest contribution to the evolving inner-Sydney skyline, following a topping out ceremony at their latest landmark project, AURA by Aqualand.

Located at 168 Walker Street, on the edge of the rapidly transforming <a href="/developments/north-sydney-nsw">North Sydney CBD</a>, AURA by Aqualand has now marked the completion of its uppermost floor, which rises 29 storeys above the streetscape.

To celebrate the milestone, Aqualand’s Managing Director, Jin Lin, was joined by <a href="/developments/north-sydney-nsw">North Sydney</a> Mayor Zoe Baker, and Principal of the project’s architect Woods Bagot, Jason Fraser, along with a selection of key project stakeholders, at a small formal ceremony.

The event was held on the rooftop of AURA by Aqualand which boasts panoramic vistas over the iconic <a href="/developments/sydney-nsw">Sydney Harbour and CBD</a>.

<img alt="Aura by Aqualand" data-entity-type="file" data-entity-uuid="31ed3929-695b-483f-9bf0-98b9fed42ce9" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-21%20at%2010.24.50%20am.png?VersionId=os1YxiblLsF_3gaOd9qY76ioGWUnBv8a" />

In keeping with tradition, the event included the craning of a ceremonial evergreen tree to the top of the building as a symbol of good luck. AURA by Aqualand represents the fifth residential project delivered by Aqualand since the company’s launch in 2014 and is well on the way to joining a portfolio of other notable completed projects such as BLUE at Lavender Bay in <a href="/developments/milsons-point-nsw-2061">Milsons Point</a> and The REVY at Darling Island.

The $1 billion mixed-use project is the second to be delivered by Aqualand’s internal construction arm, Aqualand Construction. Once complete, it will comprise 386 luxury apartments above a richly landscaped two storey retail podium and commercial spaces.

AURA by Aqualand is Sydney’s latest example of architecture as sculpture, a category that includes some of the city’s most memorable buildings, from the white sails of the Sydney Opera House to the giant plant-draped bowls of Barangaroo House and Darling Harbour’s nest-like mixed-use building, The Exchange.

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Aqualand Group Managing Director, Jin Lin, says the project is testament to the developer’s genuine commitment to collaborate with world-leading partners to deliver luxury projects that create dynamic communities and proud legacies for future generations.

“We couldn’t be more excited to reach this milestone and look forward to welcoming our future residents to AURA by Aqualand by the middle of next year, where they will enjoy an enviable lifestyle in the heart of this rapidly transforming and prestigious precinct.”

Aqualand’s Executive Director Development &amp; Construction, Tom Catalovski, said he was proud of his internal construction team’s commitment to delivering the project.

“While there’s still plenty of work to be done, with the facade installation currently at level 20 and rising a level each week, and inside the residence’s kitchens are being installed and the tiling of bathrooms is progressing its way up the building floor by floor, it’s very exciting to see the building reach its highest point.

“It’s now easy to see the building’s distinctive design and I’m truly proud of my construction team’s hard work in reaching this significant milestone. It’s important that we take stock of all we’ve done to date and celebrate our achievements.”

&nbsp;

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Woods Bagot’s streetscape transforming design comes in the form of an elegantly curved building with a gracefully undulating facade which creates an illusion that the single structure is divided&nbsp;into four separate towers, with staggered peaks stepping down from level 29 to level 23.&nbsp;The distinctive hourglass shape cinches in at the level-nine ‘waist’ of the building, where the resident’s community centre is located.

Jason Fraser says the design draws inspiration from the eroded sandstone forms of Sydney Harbour and the ever-changing play of light on the water.

“We started looking at the harbour for inspiration. The building is shaped in an organic way reminiscent of these eroded stone forms,” he said.

“The ground plane is also carved out to reveal sandstone walls, interesting textures and colours drawn from the sandstone.

Fraser said sculptural buildings are harder to draw, document and build.

“Many of Sydney’s most famous sculptural buildings, from the Sydney Opera House to Barangaroo House and The Exchange, are designed with an obvious community benefit in mind. The sculptural form is used to give back to the community. AURA by Aqualand represents an impressive and ambitious commitment by a residential developer to give back to the community architecturally.”

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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. A network of landscaped laneways will welcome people into the precinct.

Other resident amenities include a 24-hour concierge service, gym equipped with world- leading fitness technology brand Technogym, wellness room, pool of Telsa 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.

Through its residential, retail and commercial spaces, the building will breathe new life into North Sydney, delivering vibrant and carefully considered spaces to live, work and play.

[smartcode_project_cta:default project_id=30959]

The event was held on the rooftop of AURA by Aqualand which boasts panoramic vistas over the iconic Sydney Harbour and CBD

Aqualand top out $1 billion AURA by Aqualand in North Sydney

Mulpha has been selected by the New South Wales Government as the successful tenderer to develop the site adjacent to the Norwest Metro Station.

The site, at&nbsp;25-31 Brookhollow Avenue, <a href="/developments/norwest-nsw-2153">Norwest</a>, is intended to serve as the central civic gateway for the <a href="/developments/norwest-nsw-2153">rapidly emerging Norwest</a> town centre.

Mulpha’s vision for the site includes three multi-level towers which will sit atop two biophilia-designed mixed-use podiums, integrating business, education, and retail uses. The podium and a vibrant public plaza will be activated by community spaces and retail, delivering dining and retail shopping convenience.

Mulpha’s Head of Developments, Tim Spencer, said they are thrilled to have been chosen to activate the landmark development site which will be the civic gateway to and from Norwest, and an integral component of Mulpha's broader planning vision for Norwest.&nbsp;

[smartcode_project:default project_id=103264 project_image_fid=196015]

"It will be the centrepiece in delivering another step-change to the Norwest Smart City vision. Importantly, it will be a transit-oriented commercial development that aims to increase job supply in Sydney’s northwest and set the benchmark for the next phase of Norwest’s vibrant business centre," Spencer said.&nbsp;

"We want to create an environment that engages people and fosters the connectivity and creative energy that will underpin Norwest as a lifestyle destination and dynamic business centre in the global knowledge economy. This won’t just be somewhere to pass through on your way to somewhere else. It will be central to ensuring Norwest is a great place to live, work and play."

The development will be designed to seamlessly integrate with the Norwest Metro Station and other social amenities, residential and business facilities which are planned for Norwest City, complemented by extensive parklands, pedestrian paths and cycleways connecting the site to greater Norwest.

[smartcode_project:default project_id=103264 project_image_fid=208399]

In developing the site, Mulpha will work closely with Landcom, Sydney Metro, Hills Shire Council and the State Government, to ensure planning requirements are met and the development delivers on its full potential.

Mulpha’s selection as the successful tenderer to develop the site demonstrates its market leading position in the North West of Sydney and is recognition by the State Government of Mulpha’s commitment to sustainability and quality outcomes.

Mulpha’s commitment to sustainability was also acknowledged by the Clean Energy Finance Corporation (CEFC) which has supported Mulpha’s ambitious new sustainable residential development Norwest Quarter in the Hills with an $80 million green loan to cut energy costs by as much as 50 percent. The CEFC position is being matched by an $80 million green loan from ANZ.

Construction is underway on the first stage of the zero-carbon 9-tower residential development, which will be one of the most ambitious in Australia in terms of sustainable practices, initiatives and design considerations.

[smartcode_project:default project_id=103264 project_image_fid=196022]

Mulpha has also recently completed construction of ‘The Bond’ - a 12,000 sqm commercial building in Norwest. This landmark timber and glass building has a focus on health and medical tenancies to support Norwest Private Hospital and add vital health infrastructure to The Hills.

Prior to completion of The Bond, Mulpha sold 100 percent of the 64 strata suites, ranging from 50 sqm – 840 sqm, to a mix of owner-occupiers and investors, reflecting a testament to the strength of the emerging suburban office market, post-Covid.

Mulpha’s selection as the successful tenderer to develop the Norwest Metro Station site coincides with the lodgement of Mulpha’s planning proposal for the adjacent Norwest Marketown Shopping Centre which, if successful, will cement Mulpha’s long term vision for Norwest Business Park and drive the next 
phase of the town centre.

Already one of Australia’s largest master-planned business park with 800 organisations employing over 30,000 people, Norwest is set to potentially double the number of jobs over coming decades as it takes its place as a key precinct in Sydney’s economic growth corridor.

Mulpha will work closely with Landcom, Sydney Metro, Hills Shire Council and the State Government, to ensure planning requirements are met and the development delivers on its full potential.

Mulpha wins tender to develop site opposite Norwest Metro Station

Sydney developer Central Element has been given the green light by the <a href="/developments/sydney-nsw">City of Sydney</a> for their Hyde Park development at 271 Elizabeth Street.&nbsp;

The mixed-use project, being developed in collaboration with equity partner MaxCap and the current landowner, will be designed by the renowned architects Murcutt Candalepas.

The transformation of the Hyde Park site will include the development of 42 apartments, many of which will offer panoramic views of the park and over the Royal Botanic Gardens to Sydney Harbour. The project will also feature hospitality spaces and a range of amenities.

Behind the design, are long-time friends and colleagues Glenn Murcutt and Angelo Candalepas. This collaboration is the first time the awarded architects will work together on a project for the <a href="/developments/sydney-nsw">City of Sydney</a>.

<img alt="Central Element" data-entity-type="file" data-entity-uuid="6b0d9bc5-c944-4fa8-bb05-cdd7ec2d585a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-20%20at%209.13.46%20pm.png?VersionId=EhWY2yHwyjveTKlbEmqL7gHw20vzYh9." />

Angelo Candalepas is renowned for his multiple award-winning residential apartments such as Prince Street in <a href="/developments/cronulla-nsw-2230">Cronulla</a>, Waterloo Street and Pelican Street in <a href="/developments/surry-hills-nsw-2010">Surry Hills</a>, and The Castle on Bathurst Street.

His firm was most recently awarded The Fox: NGV Contemporary, Australia’s largest gallery dedicated to contemporary art and design.

Glenn Murcutt is a highly awarded architect and the sole Australian recipient of the prestigious Pritzker Architecture Prize. His notable projects include Donaldson House in Palm Beach, Walsh House in Kangaroo Valley, and the Australian Islamic Centre in Victoria.

The architectural design of the project places a strong emphasis on framing the picturesque views nearby, including the enchanting avenues along Elizabeth and Castlereagh Street.&nbsp;

A mix of two, three and four-bedroom apartments will be on offer, including full-floor apartments with terraces. Residents will have access to a full floor of amenity.

Central Element Managing Director Nathan Chivas said the goal is to transform the site, which is currently the 16-level Hyde Park Inn Hotel, into a pivotal cornerstone of Sydney's future.

<img alt="Central Element" data-entity-type="file" data-entity-uuid="222e4564-f72e-4e68-84e4-8201780a4411" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-20%20at%209.13.58%20pm.png?VersionId=mlhOxDdFPycWlRQ0Bg35.A0SF2cUg84q" />

“With the utmost respect for the building's rich heritage and its enviable location in the heart of Hyde Park, this extraordinary undertaking will honour its legacy," Chivas said.

"Boasting unparalleled views of the park and the harbour, it will&nbsp;redefine CBD living for generations to come. Elizabeth Street stands as an emblem of Sydney's esteemed cultural and lifestyle hubs, and we are thrilled to have received the approved DA – a testament to the remarkable architects Glenn Murcutt and Angelo Candalepas.

"Together, our goal is to transform this site into a pivotal cornerstone of Sydney's future, and we are eager to share more about its captivating aesthetics and ambience in due course.”

The project is the second&nbsp;joint venture collaboration between Central Element and MaxCap Group, having jointly launched the Ethos development in Chatswood in 2022.

271 Elizabeth Street is set to launch to market early 2024.

The transformation of the Hyde Park site will include the development of 42 apartments, many of which will offer panoramic views of the park and over the Royal Botanic Gardens to Sydney Harbour.

Central Element get sign off for mixed-use Hyde Park tower in Sydney CBD

Sydney's southern suburb of Arncliffe has become a popular option for prospective apartments buyers pushed out of the city due to increasing affordability constraints.

The suburb has been a hot spot for owner-occupiers due to it's proximity from the CBD, just over 10 kilometres away, and the central train station which makes it just a 15-minute commute.

Much of Arncliffe's new stock is located close to the Princess Highway and Arncliffe Station, which have proven particularly attractive for investors and first home buyers due to the lower entry level.

Developer builder Vortex Property Group has created a different opportunity in the suburb with their recently launched project Duncan House, located on the quieter eastern side of Arncliffe.

[smartcode_project:default project_id=112868 project_image_fid=216328]

The aim for Vortex was to deliver a&nbsp;more suburban lifestyle, away from the hustle and bustle the area is known for. The site is positioned at the top of a crest, meaning the residences benefit from district, city and water views.

It's not just Duncan House's strategic positioning which is attracting buyers, but it's density, which is unlike any other on offer in the area.&nbsp;The boutique project features just 43 apartments, where as most other projects in the area have over 150 apartments.

Tom McIvor, director of LINK Realty who are marketing the project, said the stock so far has been taken up by investors&nbsp;after seeing the opportunity that Arncliffe presents.

"The first 20 or so apartments initially sold to investors before the retail campaign began, but since opening up to the wider market we've experienced a high-level of interest from first home buyers and locals," McIvor said.

"As construction kicks off, we're expecting the owner-occupier interest to start transacting, with the downsizer market coming into play as well."

A lot of the owner-occupier enquiry has come from buyers within 15 minutes of Arncliffe, in search of new stock at an affordable price point close to the city, with a number from further west also showing interest.&nbsp;

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NSW's new stamp duty reforms which kicked over in July 1, allowing first home buyers to buy property with no stamp duty if it costs under $800,000, has further fuelled interest in the first home buyer market. All of Duncan House's one-bedroom apartments sit under the cap.

"There's really not a lot of stock across Sydney that's new for under $800,000, so with the one-bedroom apartments priced from&nbsp;$599,000, buyers can experience significant savings when purchasing," McIvor said.

First home buyers will still secure savings of the two-bedroom apartments which start from just over the $800,000 mark. Concessions are now available for property bought between $800,000 and $1 million.

Duncan House will also be home to three-bedroom garden and penthouse apartments, which are seeing interest from local owner-occupiers and downsizers.

Residents will benefit from a range of amenity across the new building, including&nbsp;EV charging bays, an under ground car wash bay, as well as a communal garden and barbecue facilities.&nbsp;

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Rare low density opportunity drives Arncliffe's Duncan House to over 50% sold 

Completion is fast approaching at Third.i's luxury <a href="/developments/kurraba-point-nsw-2089">Kurraba Point</a> waterfront apartment development, Kurraba Residences.

Richard Crookes Construction has been handling the build of the $43 million project, which will offer some of the best views in one of <a href="/developments/kurraba-point-nsw-2089">Sydney's most sought-after suburbs.</a>

Designed to seamlessly integrate with its surroundings, the Kurraba Residences will evoke the grandeur of Sydney's waterfront estates while paying homage to the classic 1920's apartment buildings that line the coveted edges of the harbour.

&nbsp;

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The Kurraba Residences will boast an enviable location surrounded by parks and nature reserves. The project is strategically positioned to provide residents with far-reaching vistas and an envious living experience.

The architectural design, spearheaded by the renowned Adam Haddow-led SJB, is expected to set new standards for <a href="/developments/kurraba-point-nsw-2089">harbourside living in Sydney</a>.

“Embraced by foreshore gardens on all three sides, the architecture pays homage to classic 1920's apartment buildings that dominate the edges of the harbour. Sculpted in brick, the graceful building reaches out to the water like fingers on a hand,” Haddow said.&nbsp;

The development comprises a collection of two, three and four-bedroom apartments, catering to a range of preferences and lifestyles.

With 21 luxury residences already sold, potential buyers are presented with a rare opportunity to secure their place in one of the three exclusive penthouses. The penthouses have been designed to offer the same level of consideration and luxury as an elite private home, with the Phillip Mathieson-led Mathieson Architects handling the interiors.&nbsp;

“A key element of this project is the absolute seamless integration between the interiors and architecture, and the transition between the interior living space and the external balconies," Mathieson said.&nbsp;

&nbsp;

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At the Kurraba Residences, nature takes centre stage. Inspired by the lush foliage and green spaces that extend to the waterfront, the development embraces and celebrates the beauty of gardens in every aspect, from the grounds to the rooftops.

The homes boast state-of-the-art Wolf and Sub-Zero appliances, as well as expansive solid marble surfaces, and a sea of limestone flooring that adds a touch of functional glamour to everyday living. The burnished metal accents strategically reflect the shimmering light emanating from the adjacent water, further enhancing the luxurious ambiance.

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Richard Crookes Construction has been handling the build of the $43 million project, which will offer some of the best views in one of Sydney's most sought-after suburbs, Kurraba Point. 

Construction nears completion on Thirdi's $43m Kurraba Point development

The&nbsp;Ciaran Goodman-led Bronxx has delivered the epitome of luxury to Cronulla's Tonkin Street with their recently completed development, Oasis.

The Australian owned and operated developer builder created Oasis, just 11 waterfront residences, on the foreshore of Gunnamatta Bay.&nbsp;

Adorned with abundant vertical landscaping, the three-bedroom apartments offer uninterrupted views, with natural light flooding the generously proportioned interiors designed by Vic Lake Architects.&nbsp;

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The outdoor areas feature natural limestone tiles, complemented by garden elements and decking made from native timber, while the interiors include warm greys and earth tones, with contrasting elements in a darker shade.&nbsp;

There's a collection of two-storey beach house apartments, benefitting from pools, gardens with waterside access, wrap-around terraces, separate family rooms overlooking&nbsp;Monro Park, and ample parking in the form of double lock-up garages.&nbsp;The apartments flow over the whole lower-ground and ground floors, with private lifts or an architecturally designed staircase creating a link between the lounge and upper levels, allowing residents to experience single level living.

Floor-to-ceiling windows adorn the living spaces, while the double-height lounge and dining rooms are equipped with large gas fireplaces.

Two full-floor houses have also been constructed on the site, featuring far-reaching views, butler's pantries, family rooms, a balcony, ensuite and walk-in robes in each of the bedrooms. One of the homes also includes a pool on it's wrap-around terrace, while the two-storey penthouse has a pool on its upper level, with views of the bay and ocean.&nbsp;

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Each master suite in the beach house apartments, whole-floor apartments, and penthouse occupies a space typically dedicated to two or more bedrooms in other properties, with stand-alone baths included across each.

The kitchens are equipped with sub-zero refrigerators and Gaggenau cooktops, ovens and microwaves, with each kitchen also featuring a sub-zero wine cabinet.&nbsp;

A limited collection of apartments are still remaining in the completed development, with floorplans spanning from&nbsp;278 sqm through to 657 sqm. Prices on the final residences begin from $5.8 million, topping out at $15 million for the penthouse.&nbsp;

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The Australian owned and operated developer builder created Oasis, just 11 waterfront residences, on the foreshore of Gunnamatta Bay

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