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" />

&nbsp;

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

Property developer TWT Global is set to become one of St Leonard’s largest landowners having spent $35 million on a development site as part of its $1 billion mixed-use development, The Collective.

They've spent $35 million on a 1080 sqm site at&nbsp;50-56 Atchison Street. The Collective will span&nbsp;nearly 9,500 sqm and multiple suburban blocks and have three towers. The newly purchased site will become a part of the larger development.

<img alt="St Leonards" data-entity-type="file" data-entity-uuid="18a77ded-d973-40f5-8fb4-5411a1e5226c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-18%20at%202.57.26%20pm.png?VersionId=lmb629kIO3AJo7m33ms.kqtF69btRn3V" />

TWT Global, who have developed NewLife <a href="/developments/sydney-nsw-2000">Darling Harbour</a> and NewLife <a href="/developments/bondi-junction-nsw-2022">Bondi Junction</a>, are committed to fostering <a href="/developments/st-leonards-nsw-2065">cultural vibrancy in St Leonards</a> through its Creative Precinct initiative.

Launched in 2014, the Creative Precinct involves the conversion of several commercial buildings into creative spaces, including artist studios, galleries, rehearsal spaces, recording studios, arts business offices, and creative retail. This initiative has already supported over 800 artists and creative businesses, providing the local creative community with over 4,000 square metres of subsidised space.

<a href="/developments/st-leonards-nsw-2065">St Leonards has been a hive of activity for apartment developers</a> in recent years. New Hope Group recently launched The Landmark Quarter, having already developed The Landmark in the suburb, while Hyecorp are currently building The Audrey on Canberra Avenue.

The Collective will span nearly 9,500 sqm and multiple suburban blocks

Exclusive: TWT Global secure St Leonards site to expand $1 billion masterplan The Collective

Sydney builder developer Deicorp is one of the most trusted developers in the off the plan property industry nationally.

Since its inception in 1999, they've delivered over 10,000 homes across 40 suburbs, from <a href="/developments/redfern-nsw-2016">Redfern</a> to <a href="/developments/rouse-hill-nsw-2155">Rouse Hill</a>,&nbsp;Arncliffe to <a href="/developments/ashfield-nsw-2131">Ashfield</a>.

They've won a string of awards over the last 24 years, none more impressive than the&nbsp;The UDIA President’s Award, which they won in 2022 for The Pemulwuy, delivered on behalf of Redfern’s Aboriginal Housing Company.

Over the years they've been one of the leading contributors to either transform established suburbs around Sydney, or in the creation of new ones.

There's always something in the pipeline for Deicorp. We've wrapped up their four best off the plan apartment projects currently on the market across Sydney.

<h2>Project: Hills Showground Village</h2>

<h2>Suburb: Castle Hill</h2>

Situated opposite the Showground Metro Station, Deicorp's Hills Showground Village development offers residents a vibrant lifestyle. A dining and retail precinct is conveniently located at their doorstep, providing an array of shopping and entertainment options.

[smartcode_project:default project_id=133881 project_image_fid=209815]

The recent release of a new collection of apartments in the development has been met with high demand. Designed by Turner Studio, the apartments feature high-quality appliances, including a SMEG oven, gas cooktop, and microwave. The open-plan living and dining areas extend to generously-sized balconies, offering scenic views of the surrounding green spaces.

Residents of Hills Showground Village will enjoy never-to-be-built-out views adjacent to the new Showground precinct. The landscaped native gardens and green spaces further enhance the picturesque surroundings.

[smartcode_project:default project_id=133881 project_image_fid=209805]

The development offers a range of communal facilities and amenities, including barbecue areas, dining options, and entertainment facilities. With a full-line supermarket and 30 specialty retail outlets within the Hills Showground Village, everyday essentials are conveniently within reach.

<h2>Project: Downtown</h2>

<h2>Suburb: Zetland</h2>

Designed to reflect Zetland's urban energy, Downtown features four distinctly unique buildings designed by MHNDU and BVN Architects.

[smartcode_project:default project_id=7106 project_image_fid=215775]

Offering a range of floor plans, including open-plan two-level apartments with off-street access, Downtown combines sleek and functional kitchens with spacious living areas. Private balconies serve as additional entertaining spaces, seamlessly merging indoor and outdoor living.

Downtown's buildings are connected via laneways, creating a vibrant village where residents can enjoy the utmost convenience, while the rooftop gardens provide tranquil spaces surrounded by lush landscaping.

[smartcode_project:default project_id=7106 project_image_fid=215768]

Work on the inner-city project is set to wrap this year.

<h2>Project: Tallawong Village</h2>

<h2>Suburb: Tallawong</h2>

As Deicorp's largest north-west development, Tallawong Village offers highly affordable and contemporary residences just steps away from the Sydney Metro Tallawong Station.

[smartcode_project:default project_id=106821 project_image_fid=215911]

With 333 residences set to be delivered across the site, the project caters to owner-occupiers and investors alike, with varying floor plans of one, two and three-bedrooms designed by Turner Studio,

Deicorp experienced an influx of buyers since launching the $670 million project to market in Sydney's northwest, with all of stage one completely selling out earlier this year. Due to the successful buyer interest, the group brought new stages in the development forward.&nbsp;

[smartcode_project:default project_id=106821 project_image_fid=215912]

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;

<h2>Project: The Rothschild</h2>

<h2>Suburb: Rosebery</h2>

In Rosebery, The Rothschild stands as a lifestyle-led precinct. Architecturally re-designed to house 176 apartments across two buildings on Rothschild and Mentmore Avenues, The Rothschild emanates European influences.

The Candelapas-designed residences offer purposeful design features such as two levels of basement parking, multiple outdoor areas, a communal music room, and ground-level retail.

The courtyard, inspired by the French Hotel Beauvais, creates a communal oasis with its skilfully landscaped space and central olive grove. Residents can relax, interact, and play in the burgeoning area.

With convenient access to amenities like rooftop and courtyard spaces, a ground-level restaurant and café, East Village Shopping, Woolworths Metro Rosebery, and Wholefoods House, The Rothschild offers a truly enriched living experience.

<h2>Project: The Ashford</h2>

<h2>Suburb: Castle Hill</h2>

The Ashford in Castle Hill is the flagship residential development within the Showground Metro precinct. Presenting 272 one, two, and three-bedroom apartments, The Ashford epitomises aspirational living without the expected price tag.

Its prime location, just a short walk from Showground Metro station, provides unparalleled connectivity and convenience. Castle Hill, with its abundance of amenities, has become one of Sydney's most sought-after regions.

The Showground precinct, anchored by a civic plaza and boasting vast green spaces, offers a healthier and more active lifestyle for residents. Future plans for the precinct include retail stores, a supermarket, a sports facility, events spaces, a community center, and a community garden.

Since its inception in 1999, they've delivered over 10,000 homes across 40 suburbs, from Redfern to Rouse Hill and Arncliffe to Ashfield

alisonwarters@gmail.com

Deicorp's top four Sydney off the plan apartment developments for sale in August

Prominent Western Sydney developers ALAND's completed The Emerald apartment development takes up a prime location in the <a href="/developments/campbelltown-nsw-2560">heart of Campbelltown</a>.

Situated opposite the <a href="/developments/campbelltown-nsw-2560">Campbelltown Showground</a>, the five-storey building boasts a striking façade that blends sandstone, timber, copper louvres, and glass balustrading.

More than just a visually appealing structure, The Emerald introduces an unparalleled level of style, value, and convenience to the thriving hub of Campbelltown.&nbsp;

With a vibrant <a href="/developments/campbelltown-nsw-2560">CBD precinct</a> in the works, the city offers immense potential, with its diverse demographics heralding a new era for the suburb on the outskirts of Sydney.&nbsp;

[smartcode_project:default project_id=6354 project_image_fid=94989]

The Emerald enjoys a prime location, being just a three-minute drive from <a href="/developments/campbelltown-nsw-2560">Campbelltown's lively town centre</a>. For those who prefer to walk, the development is a mere one-kilometre stroll away from <a href="/developments/campbelltown-nsw-2560">Campbelltown train station</a>, offering convenient access to the <a href="/developments/liverpool-nsw-2170">Liverpool CBD</a> in just 20 minutes.

The M5 and M7 motorways are easily accessible, providing seamless connectivity to other parts of <a href="/developments/sydney-nsw">Sydney</a> and if you're heading to <a href="/developments/sydney-nsw">Sydney's CBD</a>, a direct 50-minute drive will take you there, while Sydney Airport is only 30 minutes away.

The future Main South West railway line is set to provide even more connectivity, offering direct connections to the city, the airport, and the Southern Highlands.

Each unit showcases a stylish modern colour palette and features durable, high-quality fittings and fixtures. The thoughtfully designed floorplans offer versatility to suit a range of individual lifestyle needs, with many apartments featuring custom joinery.

[smartcode_project:default project_id=6354 project_image_fid=94987]

The open plan living areas are spacious and flexible, allowing residents to customise their space. Some apartments come with courtyards and study options, while the development also includes a communal area with barbecue facilities and a communal room.

The kitchens at The Emerald are a testament to elegance and functionality, with mirrored splashbacks, Caesarstone benchtops, and top-of-the-line Westinghouse appliances including ovens, range hoods, cooktops, and dishwashers.

The bathrooms are fully tiled and feature frameless shower screens, wall-mounted vanities, and mirrors, while practicality meets convenience with internal laundries equipped with Fisher &amp; Paykel clothes dryers.

[smartcode_project_cta:default project_id=6354]

The Emerald enjoys a prime location, being just a three-minute drive from Campbelltown's lively town centre

Inside ALAND's completed Campbelltown apartments, The Emerald 

Smart home features were one of the most impressive inclusions in the competed Kann Finch-designed Burwood development, IQ Burwood.

The smart home technology included in the apartments encompass a range of devices and systems. Residents will have access to the Samsung SmartThings Hub and Google Home, allowing for centralised control of various aspects of their homes.

[smartcode_project:default project_id=22751 project_image_fid=86851]

From voice command technology for lighting control to the ability to adjust air temperature remotely using a mobile device, smart living is seamlessly integrated into the apartments. The developers ensured a seamless living experience by building all the technology into an integrated ecosystem right from the construction phase.

Smart switches and sensors are also provided, enabling automated control of lighting and other connected devices.

[smartcode_project:default project_id=22751 project_image_fid=86850]

The apartments are also equipped with super high-speed internet for uninterrupted connectivity.

Home security is a top priority at IQ Burwood, and residents can enjoy the latest in future-proof, high-tech security systems, providing a safe and secure living environment.

IQ Burwood also caters to the diverse needs of its residents, including those who enjoy Chinese entertainment, with access to over 60 Chinese TV channels.

[smartcode_project_cta:default project_id=22751]

The smart home technology included in the apartments encompass a range of devices and systems, including Samsung SmartThings Hub and Google Home



Smart home features leads inclusions at IQ Burwood

Luxury developer&nbsp;Terra Ferma and joint venture partner Knox Group have teamed up on an apartment project in <a href="/developments/potts-point-nsw-2011">Potts Point</a>.

They're seeking to convert a 20-studio apartment building on Oak Lane, the <a href="/developments/woolloomooloo-nsw-2011">Woolloomooloo-side of Potts Point</a>, into a five-level building with just five apartments.

The team spent nearly a year amalgamating 20 owners across two rundown buildings.

The boutique nature of the offering, something which Potts Point and the nearby Elizabeth Bay isn't known for, particularly in the new and off the plan apartment space, means apartments are expected to sell for record prices.

<img alt="Potts Point" data-entity-type="file" data-entity-uuid="257fc57a-8bad-4add-bd85-2b9d8f0cc2b4" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-17%20at%2011.20.15%20am.png?VersionId=oNONryKufnX2crTgVz_mdNk17R3I6tOi" />

The premier site has 22-metres of Sydney Harbour frontage and will offer&nbsp;unparalleled 200-degree views of the <a href="/developments/sydney-nsw">Sydney Harbour</a>,&nbsp;from the city skyline to <a href="/developments/cremorne-nsw-2090">Cremorne Point</a>, the iconic Harbour Bridge and Opera House.

“We’re excited to have unlocked one of the finest boutique development sites in Sydney, with a 22-metre harbour-facing frontage, the most expansive frontage of any boutique site on Sydney Harbour,” Knox Group Co-Director Daniel Moroko said.

Terra Ferma Managing Director Diaa Shaker said they are&nbsp;thrilled to add the project to their portfolio of exclusive boutique residences

"With our focus on creating unparalleled living spaces and capturing the essence of Sydney Harbour, each of the five apartments is set to break the Potts Point square meter record."

To bring the project to life, the teams have chosen the renowned TZG Architects, fresh off their recent win in the 2023 Heritage Awards Judge’s Choice for their works on the iconic Bondi Pavilion.

Terra Ferma have worked on a number of boutique developments in the Sutherland Shire, while Knox Group, who have done the same, have recently transformed the Motel Molly in Mollymook.

The team spent nearly a year amalgamating 20 owners across two rundown buildings

Terra Ferma and Knox Group team up for Potts Point apartment project

Tim Gurner's GURNERTM has secured a trophy site in Sydney's Barangaroo area, with a view to develop two towers of apartments.

The $800 million project at 189 Kent Street is the first&nbsp;seed site to have capital deployed within the developer’s $2 billion Build-to-Sell development fund, which is backed by a global institutional investor.

The 1,195sqm site, which adjoins the Barangaroo precinct, currently houses a commercial office tower that was built in the 1960s, with current tenancies in place that GURNERTM will hold until completion of leases. The site has recently been granted planning approval for a residential development after a lengthy approval process by the site’s vendor Barana Group, who has held the asset since 2002.

This is the second transaction GURNERTM and Barana Group have completed together after GURNERTM first partnered with Barana Group in 2018 to develop St Kilda’s former Novotel site into one of Melbourne’s most exclusive and desired addresses, Saint Moritz. The Kent Street transaction by comparison represents a direct acquisition by GURNERTM, which will not be developed in joint venture like Saint Moritz.

&nbsp;

Tim Gurner sees the Barangaroo project an opportunity to bring a Saint Mortiz-level of luxury to Sydney.

“Sydney and this key strategic site in particular is crying out for an ultra-luxury offering like Saint Moritz that transports its owners into a world of luxury and service above anything else in the country, inspired by the best hotels around the world," Gurner said.

“This site is positioned within one of the most expensive and luxurious locations in Australia so we plan to take what we know from Saint Moritz and apply it on a whole new scale, to offer the market something that is completely unique in terms of design, luxury, service and amenity.”

The site has an existing approval in place for two towers, ground-floor retail, restaurants and bars, a health and wellness component, and basement carparking. GURNERTM will now be seeking small amendments to the approval to reduce the number of apartments and increase the amenity provisions, in line with its vision for the site.

<img alt="Tim Gurner" data-entity-type="file" data-entity-uuid="6968482a-7539-4087-ab91-b9134d18cd51" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-17%20at%202.32.07%20pm.png?VersionId=vwNC7dml95eiGsAKa1iMpfaaDif2TloE" />

Award-winning architect FJC Studio has been appointed as architect, having won a competitive design competition between local and international architects.

The deal was brokered by Justin Brown, Tim Rees and Ben Wicks of CBRE.

Gurner said the team took their time in assessing the project.

“We’re certainly across the challenges the development industry is currently facing in regards to construction and interest rates. We’ve taken a conservative view to pricing and feasibility and feel supremely confident on the fundamentals of this site and its success.

“We have been watching the market very carefully for 18-24 months waiting for the right time to utilise the capital we have at our disposal, waiting for great opportunities knowing we can act quickly for the right sites, with a particular eye on Sydney and Melbourne."

He called Sydney a "very unique market."

“We also know there are different factors at play in Sydney – lack of affordability, scarcity of quality product and depth of the luxury market – that make it far more capable of withstanding the current economic headwinds, so it’s for this reason that we are very confident in the Sydney market and remain bullish on residential property in this blue chip city.

“Across other states it’s the construction and labour costs that are putting pressure on projects, which is why we see Sydney as such a strong opportunity with its higher price-per-square-metre average, motivated buyer pool and sought-after postcodes for offshore and local buyers.

“Sydney is a very unique market with an incredibly low amount of supply and an even smaller opportunity to acquire great sites with harbour views, it is even rarer to be able to transact on a site that also has planning approval ready to go."

The $800 million project at 189 Kent Street is the first seed site to have capital deployed within the developer’s $2 billion Build-to-Sell development fund, which is backed by a global institutional investor

GURNER™ to develop luxury Barangaroo apartment towers

When Michael&nbsp;Pesochinsky co-founded PB &amp; Co. in 2018, his vision was a simple yet ambitious one, to create an unparalleled level of luxury never seen in the Australian property market.

While luxury is a subjective term, banded around the real estate industry like boutique, there's no denying what PB &amp; Co. have produced, and are looking to produce, doesn't fall under the luxury in anyone's eyes.

Their most recent project, Fifty Two Black, has elevated the status of luxury in Brighton, one of Melbourne's most affluent areas.

Recently catching up with Pesochinsky, he said that when the team were putting the plans together for 52 Black, they asked themselves the question: 'How do we create something of the absolute highest quality that hasn't been done before?'

They concluded that things like 3.3-metre high ceilings, Wolf and Sub Zero appliances, and 15 different types of stone and marble which took six months for artisans to craft, were some of the key inclusions in the project of just five apartments.

"Because we were targeting the ultra luxury downsizer market, who are looking at something like 52 Black as their true forever home, we needed to create something that they weren't accustom to seeing in the high-end downsizer space before,"&nbsp;Pesochinsky said.

<img alt="52 Black" data-entity-type="file" data-entity-uuid="965c0e07-60f9-4eb9-86de-bca4be543926" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-13%20at%203.13.41%20pm.png?VersionId=ddZTPp7Hs5OoYPtg2XUoq7D0.cJetpXN" />

Pesochinsky said that while a lot of other developers are looking at cutting costs to either make projects financially viable or to maximise profits, they decided to go the other way.

"We wanted to create something buyers would typically expect when building their own home.

"When you build your own home, particularly the affluent suburbs, a lot of the time you tend to over capitalize. We wanted to essentially take that headache away, and have these features all included in the sale price."

The project secured silver in the Melbourne Design Awards, and it's looking likely it will be a finalist in the 2023 Dezeen awards, the revered architecture, interiors and design magazine.

Pesochinsky decided to wait for the project to be finished to sell the apartments due to the stop start nature of construction, and therefore marketing campaigns, throughout the rolling COVID lockdowns.

And while stock at that end of the market takes longer to sell than more traditional newly completed stock given the price tag, the apartments are yielding around two and a half times the standard rental prices seen in Brighton.

Having completed high-end projects on Toorak's Clendon Road and East Melbourne's Jolimont Street, PB &amp; Co are off to Sydney in their next venture, a luxury project on the Harbour's edge.

They secured a prime waterfront site in Kurraba Point, in the Lower North Shore, three years ago.

"We felt at the time the market in Sydney was about to explode," Pesochinsky recalls.

"It was bubbling, and prices were rising, but subsequent to our purchase, prices escalated."

The decision was both economically driven, given the capital growth of the Sydney luxury market, and a personal one.

"If you're going to produce the best, you've got to be in the best location,"&nbsp;Pesochinsky said.

"To create a product that is at that pinnacle of luxury, you need to be in an appropriate location to sustain the prices it'll cost. We really wanted to get into that next level of quality and luxury, because that further's people's buying capacity."

PB &amp; Co. had renowned architect Koichi Takada put plans together for just 10 residences across the 4,200 sqm block&nbsp;in Kurraba Point, which slopes down to the water.

<img alt="Takada" data-entity-type="file" data-entity-uuid="7fc981b2-7244-4567-ae11-bab4d536f657" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-13%20at%203.07.11%20pm.png?VersionId=_7ltJaMYfqo4I3vep2rkpotkH8qElrkZ" />

Speaking on using Takada,&nbsp;Pesochinsky said that they wanted to make sure, if they were going into the Sydney market, they were going to go with someone who represents quality and luxury in design.

A conscious effort has gone in for the project to be highly sustainable. Not only has the project been designed carbon neutral, but it will operate carbon neutral too.&nbsp;

Takada said in the design statement submitted to the local council last November that the&nbsp;overall vision is for a transformative project which embodies the idea of ‘regenerative luxury,’ inspiring a zero-carbon lifestyle for it’s residents.

"This project will lead the way in the luxury housing market and support the New South Wales state government objective to achieve carbon neutrality by 2050."

<img alt="Takada" data-entity-type="file" data-entity-uuid="c4986dbc-ca27-4ed4-bc17-549da3062428" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-13%20at%203.07.18%20pm.png?VersionId=5Sbdi9gTzzbLGLMDIaR0chg_qo7B9x6W" />

Pesochinsky says that while Melbourne has a lot going for it, consistently named one of the most liveable cities in the world, it will never compete with Sydney in the luxury apartment space.

"The big difference between Melbourne and Sydney is that Melbourne doesn't have the views, that's what escalates the prices," Pesochinsky says.

"The landmarks in Sydney on the Harbour takes luxury to the next level. There's not too many places in the world that can match it."

Pesochinsky said that while $15 million plus in Melbourne would be a particularly high price paid for an apartment, it's "the norm" in Sydney.

PB &amp; Co. are hoping for development approval in Kurraba Point toward the end of 2023.

While luxury is a subjective term, banded around the real estate industry like boutique, there's no denying what PB & Co. have produced, and are looking to produce, doesn't fall under the luxury in anyone's eyes

How PB & Co. are redefining the luxury downsizer market: Five minutes with Michael Pesochinsky

<a href="/new-apartments/hornsby-nsw-2077">Hornsby</a>, once known as a quiet suburb on the outskirts of <a href="/new-apartments/sydney-nsw">Sydney</a>, has transformed into a thriving hub of urban culture.

The migration of the city's dining scene to the northern enclave has brought with it a delightful array of espresso bars, artisan bakeries, and bustling brasseries.

Whether you crave a freshly brewed coffee from your favourite barista, an alfresco breakfast at a buzzing local café, or a leisurely evening sipping cocktails in a cozy wine bar, <a href="/new-apartments/hornsby-nsw-2077">Hornsby has it all</a>.&nbsp;

[smartcode_project:default project_id=6784 project_image_fid=199389]

Nestled within this vibrant locale is L &amp; C Foundation's Linea, an address that seamlessly blends luxury and convenience, and with its prime location, residents of Linea enjoy a lifestyle that caters to their every need.

For those seeking retail therapy, the sprawling Westfield Hornsby is just a leisurely 350-metre stroll away. Here, a treasure trove of department stores, supermarkets, specialty shops, fashion boutiques, and cinemas await.&nbsp;

[smartcode_project:default project_id=6784 project_image_fid=199385]

Transportation is also a breeze for Linea residents. The train station, a mere 200 metres away, provides direct access to Wynyard Station in just over 40 minutes. The Pacific Highway, the main road link <a href="/new-apartments/sydney-nsw">to the CBD</a>, also <a href="/new-apartments/hornsby-nsw-2077">passes through Hornsby</a>, offering a convenient route for those who prefer to drive. For those seeking an even quicker journey, the entry to Sydney's M1 Motorway and NorthConnex is just five minutes away.

Education is another area where Hornsby excels. With abundant and highly regarded educational facilities nearby, Linea is an ideal choice for families, with childcare centres, primary schools, secondary schools, and TAFE institutions are all within easy reach.

[smartcode_project:default project_id=6784 project_image_fid=199388]

Private institutions such as Barker College, St Leo's Catholic College, Our Ladies of Rosary Catholic School, Abbotsleigh School for Girls, and Knox Grammar School offer excellent options for families seeking a private education. Public schools like Hornsby North Public School, Hornsby Public School, Hornsby South Public School, and Hornsby Heights Public School provide further choices for families looking for quality public education.

While the area has developed, nature is still aplenty, with the picturesque Ku-ring-gai Chase National Park within close proximity to Linea. Residents will also be near to the Hornsby Aquatic and Leisure Centre, while the Lisgar Gardens provide a tranquil oasis not too far away.&nbsp;

With over 130 parks, playgrounds, and gardens, there's no shortage of places to relax and unwind.&nbsp;

[smartcode_project_cta:default project_id=6784]

The migration of the city's dining scene to the northern enclave has brought with it a delightful array of espresso bars, artisan bakeries, and bustling brasseries

Linea, Hornsby: A vibrant location with an enviable lifestyle

In the vibrant landscape of north-west <a href="/new-apartments/sydney-nsw">Sydney</a>, a new urban village has re-envisioned modern living.

Greenland Australia's completed development, NBH at Lachlan's Line in <a href="/new-apartments/macquarie-park-nsw-2113">Macquarie Park</a>, offers 900 apartments spread across three towers designed by the architects at Bates Smart.

Soaring above a bustling town square, the development is located at the gateway to <a href="/new-apartments/macquarie-park-nsw-2113">Macquarie Park</a>, within the Lachlan's Line masterplan.&nbsp;

[smartcode_project:default project_id=5788 project_image_fid=95907]

Residents enjoy easy access to a range of amenities, including a supermarket, high-end and casual dining venues, a medical centre, a commercial gym, and an array of retail stores, including a dry cleaner, baker, florist, newsagent, and chemist.

The development's centrepiece, the 7,000 sqm Lachlan's Square Village, adds to its allure. Complete with an amphitheater and a childcare facility operated by Ryde Council, the vibrant communal space serves as the beating heart of the community.

Beyond the immediate surroundings, NBH at Lachlan's Line benefits from its position within the Macquarie Park employment corridor, Sydney's second-largest business hub. This bustling hub hosts some of the world's most innovative companies, such as Microsoft, Oracle, and 3M, earning the area the moniker of the harbour city's 'Silicon Valley'.

[smartcode_project:default project_id=5788 project_image_fid=95902]

Situated a mere 15 kilometres from the <a href="/new-apartments/sydney-nsw">Sydney CBD</a>, residents have convenient access to the city's cultural and economic offerings. Multiple transport options are within minutes' walk, including the North Ryde and Macquarie Park Metro stations, as well as Epping Road bus services.

One of Australia's top 10 universities, Macquarie University, is easily accessible within a 5-minute drive or via public transport.

In addition, major regional shopping centres such as Macquarie, Top Ryde, and <a href="/new-apartments/chatswood-nsw-2067">Chatswood</a> are just moments away, providing a wealth of retail opportunities.

Adjacent to the <a href="/new-apartments/lane-cove-nsw-2066">Lane Cove</a> National Park, residents can also immerse themselves in nature's beauty, while golf enthusiasts will appreciate the world-class <a href="/new-apartments/north-ryde-nsw-2113">North Ryde</a>, <a href="/new-apartments/chatswood-nsw-2067">Chatswood</a>, and Avondale golf courses located nearby.

[smartcode_project_cta:default project_id=5788]

Greenland Australia's completed development, NBH at Lachlan's Line, offers 900 apartments spread across three towers designed by the architects at Bates Smart.

NBH at Lachlan's Line: Urban living in Sydney's North West

A new townhouse development in <a href="/developments/wollstonecraft-nsw-2065">Wollstonecraft</a> on Sydney's Lower North Shore is expected to meet a large gap in the market for downsizers.

PBD Architects have put the plans together for a 10-townhouse development at 7-9 Selwyn Street, a 1,546 sqm site near the Wollstonecraft Train Station.&nbsp;

Each of the townhomes will have three-bedrooms across three levels, and a shared basement with parking for 16 cars.

Local agency Atlas provided advice on the project. They said there's a gap in the market for this type of product.

"Due to the nature of the area, there has been a shift over the past three years of local residents wanting to downsize but struggling to find the right accommodation, particularly older residents given most options in the area are limited to older homes with stairs or conservatively sized apartments," the submission by Atlas agent John Melville said.

<img alt="Selwyn" data-entity-type="file" data-entity-uuid="ff8409b9-cd68-4b5b-acce-566bce4c241f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-10%20at%201.59.05%20pm.png?VersionId=8ZkS632mzC5Hb8eoJ0DWEzkrYepuvQkZ" />

He said the team has seen a 42 per cent increase&nbsp;in enquiry for clients looking for three bedroom townhomes.

"We find most people looking to downsize find a three bedroom home as the most suitable option," he said, noting that they see this development as an opportunity to fill a gap in the market for townhouses with an internal lift, that will have a wide appeal to a range of different buyer dynamics, but largely will suit older residents looking for a suitable downsizing option that don’t want to live in an apartment.

Ray White Lower North Shore Principal Tim Abbott shared the sentiment, suggesting the proposal will be highly sought after because of the townhouse configurations with additional family rooms and studies, and the generous sizing which ranges from 170 sqm to 173 sqm internally.

"These sizeable spaces are highly desired and are rare to find," Abbott's submission read.

"There is a high level of demand for high-quality three bedroom residences with additional amenities within the Wollstonecraft area and surrounding suburbs, this is driven by strong levels of enquires. The demand for this product generally comes from a high net-worth demographic of an aging population who is struggling to secure sizable, low maintenance residences within the Wollstonecraft region, and are not yet ready to transition into apartment living."

<img alt="Selwyn" data-entity-type="file" data-entity-uuid="714489ba-4142-49cd-ac4e-3067ddf03c19" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-10%20at%201.59.55%20pm.png?VersionId=YR4Acq5HEXajwBAeyoxVq2AMm2KHs28o" />

He said much of the&nbsp;existing stock within the market is apartments, restrictive in size, and does not include high levels of specifications.

"A low supply of high-quality stock is seeing many locals relocate to neighbouring regions to meet their needs and expectations and this is highlighting a clear gap within the market."

Their comparable sales list of new three-bedroom townhouses showed that only&nbsp;one other development within Wollstonecraft, The Greenwood Collection by Metro Properties, offered high-quality three-bedroom residences. The rest were in surrounding suburbs <a href="/developments/crows-nest-nsw-2065">Crows Nest</a>, <a href="/developments/naremburn-nsw-2065">Naremburn</a>, <a href="/developments/willoughby-nsw-2068">Willoughby</a>, <a href="/developments/waverton-nsw-2060">Waverton</a>, and <a href="/developments/cremorne-nsw-2090">Cremorne</a>.

PBD said in their Design Verification Statement&nbsp;that the design&nbsp;of the development is focused on creating a cohesive and visually pleasing aesthetic that complements its surroundings.

<img alt="Selwyn" data-entity-type="file" data-entity-uuid="1124d9ea-ade3-4766-b699-9b12d0f96015" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-07-10%20at%201.59.38%20pm.png?VersionId=mZN44QXEyOEU2_cq3KivfBQqnmmC3c_k" />

"The use of natural materials and incorporation of greenery throughout the development creates a harmonious and inviting atmosphere.

"The design also takes advantage of the local climate to provide a comfortable and enjoyable living experience for residents.

They said the overall design ensures that visitors and residents feel welcomed and comfortable within a lush green environment, and the design&nbsp;takes into consideration current market demands and living patterns in the local area.&nbsp;

Each of the townhomes will have three-bedrooms across three levels, and a shared basement with parking for 16 cars

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