<a href="https://www.apartments.com.au/developers/skymark-group">Skymark</a>'s boutique Cronulla development Solis has secured a 10-year Latent Defects Insurance policy through Resilience Insurance, providing buyers of the 16-residence building on Ewos Parade with structural and waterproofing protection that extends a decade beyond the building's completion.

Currently under construction and due for completion in late 2027, <a href="https://www.apartments.com.au/new-apartments/solis-cronulla-8-ewos-parade-cronulla-nsw-2230">Solis</a> is one of a small number of new developments in the Sutherland Shire to carry Resilience LDI coverage, a distinction that carries increasing weight as buyer confidence in the off-the-plan sector continues to be shaped by how developers stand behind their product.

Latent Defects Insurance, which entered the Australian market in 2022 when Resilience Insurance was approved to offer the cover, protects buyers against major structural or waterproofing defects for ten years post-completion. Unlike traditional statutory warranties, it operates as a first-resort policy, if a covered defect arises, the insurer responds directly, without the buyer needing to pursue the builder or developer through a lengthy claims process.

Resilience Insurance CEO Corey Nugent has noted that the product addresses something fundamental to the new apartment market.

"The overarching feedback from prospective buyers in the new development space is that they want more confidence and assurances around the quality of the build," Nugent says.

"Resilience Insurance Latent Defects Insurance not only gives them complete peace of mind for 10 years, but it shows the developer they are buying from is standing by their product."

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For Solis, the Resilience LDI policy adds a meaningful layer of accountability to an already considered project. The development comprises nine two-bedroom and seven three-bedroom residences, including one dual-level three-bedroom apartment, across a five-storey building on Ewos Parade, positioned between Shelly Beach and South Cronulla.

Garden apartments connect directly to private landscaped courtyards, while upper-level homes capture beach views to the east from level four and above.&nbsp;

All 16 residences include at least one balcony or courtyard, and select apartments on the upper floors feature bar areas and secondary flexible living spaces.

Hiba Sander, Managing Director of Skymark, says Solis offers a rare balance, nestled between the quiet beauty of secluded beaches and the lively charm of South Cronulla's esplanade.

"It's a place to choose your pace and live gracefully, seaside'," Sander says.

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The architecture, designed by <a href="https://www.apartments.com.au/architects/ida-design-group">IDA Design Group</a>'s Michael Trinh, draws from the natural erosion patterns of <a href="https://www.apartments.com.au/developments/cronulla-nsw-2230">Cronulla</a>'s sandstone headlands, translating the organic forms of the coastline into soft curves, pavilion-style massing, and a material palette chosen for longevity in a salt-tinged environment.&nbsp;

Textured natural stone, soft renders, and timber-look battens reference the tones of the surrounding cliffs, while the building has been oriented to maximise natural light and passive ventilation, with primary living spaces facing north and east to capture morning sun and sea breezes.

"At Solis, our aim was to create architecture that feels quietly confident, grounded in natural materials like stone and timber, and elevated by light and landscape," Trinh says.&nbsp;

"The buildings are designed to sit gently within their coastal surrounds, with expansive glazing and abundant greenery creating a seamless dialogue between inside and out."

[smartcode_project:default project_id=150499 project_image_fid=370897]

Interiors by <a href="https://www.apartments.com.au/architects/hot-black">Hot Black</a> carry the same material language through to every room. Kitchens feature integrated Gaggenau appliances, sculpted stone benchtops, and Lo &amp; Co joinery, while bathrooms feature natural stone, timber, and brushed metal finishes.&nbsp;

Hot Black Founder and Design Director Sophie Safrin describes the intent as one of considered restraint: "At Solis, every detail has been thoughtfully considered to create a timeless coastal retreat, calm, refined, and effortlessly liveable. From natural finishes to seamless indoor-outdoor flow, Solis offers a quiet elegance that's deeply connected to its surroundings.

The landscape, designed by Julian Brady of <a href="https://www.apartments.com.au/landscape-architect/sitedesignstudios">Site Design Studios</a>, treats green space as an integral part of the resident experience rather than an afterthought.&nbsp;

"Gentle curves and layered native plantings mirror the ebb and flow of the ocean," Julian Brady says, "creating a serene connection between architecture and place."&nbsp;

Coco Republic has provided bespoke furniture packages tailored to the project's coastal palette.

[smartcode_project:default project_id=150499 project_image_fid=370899]

Skymark has an established track record in the Sutherland Shire, with a portfolio spanning Cronulla, Woolooware and Burraneer that includes Isla, Sylva, Bask, Shells, Sula and Mist. Securing LDI on Solis reflects a broader shift in how the developer is positioning its buildings to buyers, at a time when Resilience Insurance expects the policy to become mandatory in New South Wales by 2028.

Sales at Solis are launching soon through Ray White Projects, with an official event scheduled for 11 June. Enquire for more information.

[smartcode_project_cta:default project_id=150499]

Joel Robinson

Skymark takes out 10-year Resilience Insurance LDI at Solis Cronulla

Investors may soon find themselves with fewer reasons to buy established property and more incentives to look towards the new apartment market.

Proposed changes to negative gearing and capital gains tax concessions would see new and off-the-plan apartments retain access to the tax benefits, while established properties would miss out, creating a clear advantage for buyers purchasing newly built housing.

The policy direction aligns with what many developers have been saying for several years. Australia needs more housing supply, and governments are increasingly looking for ways to encourage investment into new stock rather than existing homes.

The challenge for investors is that suitable product is becoming harder to find.

For much of the last decade, one-bedroom apartments were the cornerstone of investor demand. They offered a lower entry price, strong rental appeal, and were a common feature across most apartment developments.

Today, the development pipeline looks very different.

Across both New South Wales and South East Queensland, developers are increasingly targeting owner-occupiers and downsizers, delivering larger two, three and four-bedroom apartments in response to changing buyer preferences. While one-bedroom apartments still exist, they now form a much smaller portion of many new projects.

That shift has created a shortage of investor-friendly stock, particularly in well-located projects close to transport, employment hubs and lifestyle amenity.

At the same time, rising apartment prices have pushed many new developments beyond the reach of traditional investors. On the Gold Coast and across South East Queensland, it's becoming increasingly difficult to find new apartments priced around the $1 million mark, particularly those offering strong rental fundamentals and long-term growth prospects.

We've rounded up four new apartment developments where investors can still secure a foothold in the market for around $1 million or less.

<h2 data-end="1140" data-start="844">Flourish Soleira</h2>

<h2>Priced from: $1.07 million</h2>

Popular Palm Beach developer Sherpa is soon to officially launch its newest local apartment development, Flourish Soleira.

The one-bedroom apartments in the building were only offered to first home buyers rather than investors, and all of those have been snapped up. The two-bedroom apartments will start from $1.07 million, and the three-bedrooms, still a good investment given the popularity of Palm Beach for owner-occupiers, starting at $2,045,000.

&nbsp;

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Flourish Soliera will comprise 153 apartments across two buildings, connected by a skybridge, the first ever delivered in the suburb.

True to Sherpa's booming Flourish brand of apartment projects, Flourish Soleira will have extensive rooftop amenity across both buildings including a&nbsp;wellness centre with gym, work from home, yoga, pilates, a&nbsp;heated pool, private dining rooms, pizza oven and barbecues, basketball court, and golf simulator.

<h2>Corallo, Palm Beach</h2>

Priced from: $841,500

Nearby Flourish Soleira is Changfa Group's beachfront-inspired Corallo development. They still have some one-bedroom apartments remaining, priced from $841,500.

The 105-apartment project on Palm Beach Avenue is otherwise dominated by larger two and three-bedroom residences, many of which are aimed at owner-occupiers and downsizers.

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For investors, the appeal lies in Palm Beach's continued transformation from a laid-back beachside suburb into one of the Gold Coast's most sought-after residential markets. Residents at Corallo will be within walking distance of Palm Beach's surf beaches, the recreational amenity of Tallebudgera Creek, and the increasingly popular collection of cafes, restaurants and boutique retailers along the suburb's central dining precinct.

<h2>Corner House, Stones Corner</h2>

<h2>Priced from: $880,000</h2>

One of only two Brisbane apartment developments to make the list with prices under $1 million is DeMartini Fletcher's Corner House development in Stones Corner.

One-bedroom apartments start from $880,000 within the 88-apartment development, providing investors with exposure to one of Brisbane's most established inner-south locations.

[smartcode_project:default project_id=149098 project_image_fid=330594]

Stones Corner has long been supported by strong tenant demand due to its proximity to major employment and education destinations. The suburb sits less than five kilometres from Brisbane's CBD and is within easy reach of the Princess Alexandra Hospital, Greenslopes Private Hospital, Queensland Children's Hospital and several university campuses.

The project's location within a walkable urban village environment, surrounded by retail, dining and public transport infrastructure, continues to attract both professionals and healthcare workers seeking accommodation close to work.

Parkdrive Apartments, Chermside

Priced from: $749,000

The most affordable apartments across Brisbane's new and off the plan market are in Chermside where developer AusDev is selling one-bedroom apartments from $749,000, and two-beds from $929,000, at its recently launched Parkdrive development.

The development is strategically positioned in one of Brisbane's largest employment and retail precincts, placing residents within easy walking distance of Westfield Chermside, The Prince Charles Hospital, St Vincent's Private Hospital Northside and the suburb's major bus interchange.

[smartcode_project:default project_id=152125 project_image_fid=363782]

Already under construction and scheduled for completion in early 2028, Parkdrive benefits from Chermside's ongoing evolution into Brisbane's northern metropolitan centre. The suburb continues to attract significant public and private investment, supporting population growth and underpinning long-term rental demand.

For investors focused on yield and tenant depth, the combination of healthcare, retail and transport infrastructure within close proximity provides a strong foundation for occupancy and rental performance.

Investors to turn to new apartments after Federal Government changes spark hunt for Queensland's best $1 million apartments

A mix of Gold Coast locals, fly-in, fly-out purchasers from Sydney and Melbourne, and Brisbane-based families has driven early sales success at Broadbeach's newest apartment tower, Lumara.

The 26-level project, a joint venture between builder-developer 5Point Projects and Bourke Projects, comprises just 37 luxury residences and is attracting a buyer profile that is looking for exclusivity, above the most amenity-rich suburb on the Gold Coast.

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Jamie Bourke, Director of Bourke Projects, says every buyer secured so far intends to use Lumara as a lock-up-and-leave residence, combining holiday use with the ability to work remotely when required.

“The size of the apartments, both half- and full-floor options, and the different zones within the floorplans, lends itself perfectly to dedicated home office setups and multi-generational family holidays,” Bourke says.

That flexibility has become a key drawcard for affluent buyers seeking a second residence on the Gold Coast without sacrificing the ability to conduct business away from their primary home base.

The absence of holiday letting within the building has also resonated strongly with purchasers.

“This type of buyer doesn't need to generate holiday rental income,” Bourke says. “They're paying for exclusivity, privacy and certainty around who their neighbours are.”

[smartcode_project:default project_id=150454 project_image_fid=366491]

The strong demand comes amid broader shifts in the high-end apartment market following the Federal Budget announcements in May.

“We were already seeing strong enquiry from high-net-worth buyers, but that has only accelerated since the policy changes,” Bourke says.

“A lot of those buyers are looking to place more capital into premium lifestyle assets rather than investment-grade stock that has been targeted by the Federal Government.”

[smartcode_project:default project_id=150454 project_image_fid=366486]

Designed by Cottee Parker, Lumara adopts a slender, sculpted form with an emphasis on natural materials suited to its beachfront setting. The architectural approach draws on coastal influences, with a palette of stone, timber and concrete selected for durability and the ability to weather over time.

Apartments are limited to three and four-bedroom configurations, with a maximum of two residences per floor through the mid-levels and a selection of full-floor and dual-level homes in the upper levels. All apartments are oriented to the north to maximise natural light, cross-ventilation and views across the ocean, city skyline and hinterland.

A two-level amenity offering is positioned high within the building on levels 20 and 21, conceived as a sky wellness retreat. Facilities include a magnesium pool, spa, sauna and steam rooms, alongside more social spaces such as a private dining room, resident lounge, workspaces and outdoor barbecue areas integrated with landscaped greenery.

The uppermost levels are reserved for larger-format residences, including several full-floor homes and a dual-level penthouse with its own private wellness features and recreational spaces.

&nbsp;

To give buyers confidence, 5Point and Bourke commenced construction ahead of the apartments launching to the market, a sure-fire way to prove they mean business, and the building will be delivered. They are targeting a 2028 completion date.

[smartcode_project_cta:default project_id=150454]

Locals, interstate holiday makers, drive early sales at Lumara, Broadbeach's newest luxury apartment tower

Often when it comes to purchasing property, the biggest barrier to entry is the deposit. Buyers of established homes typically aim for a 20 per cent deposit to avoid the added cost of Lenders Mortgage Insurance, while most property transactions require around a 10 per cent deposit when contracts are exchanged.

The off-the-plan market works differently, with buyers typically paying a deposit during construction and settling the balance upon completion. As completion approaches at <a href="https://www.apartments.com.au/new-apartments/fabbrica-fitzroy-369-gore-street-fitzroy-vic-3065">Fabbrica Fitzroy</a>, developer <a href="https://www.apartments.com.au/developers/pace-development-group">Pace</a> is making it easier for buyers to secure a residence through a deposit-matching incentive. Purchasers need only contribute a five per cent deposit*, with Pace matching the remaining five per cent.

The offer comes as Pace unveils a completed display apartment and townhouse, now available for inspection by appointment ahead of the project's Spring completion.

[smartcode_project:default project_id=139552 project_image_fid=371009]

Designed by <a href="https://www.apartments.com.au/architects/sjb-architects">SJB</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/winwood-mckenzie-architecture">Winwood Mckenzie</a> and landscaping by <a href="https://www.apartments.com.au/landscape-architect/acre">Acre</a>, Fabbrica draws on Fitzroy’s industrial and manufacturing history, incorporating references to the former Argyle Shirt Factory and Life Savers Confectionery Company that once occupied the site.

The development comprises 85 residences, spanning low-maintenance apartments through to larger-format townhouses with private street access and double lock-up garages, a relatively uncommon offering in Fitzroy’s higher-density apartment market.

Pace says the project has been designed to appeal to buyers seeking inner-city convenience without sacrificing space, flexibility, or amenity.

[smartcode_project:default project_id=139552 project_image_fid=371016]

Inside the residences, Winwood Mckenzie has focused on adaptable layouts and integrated detailing, with features including custom joinery, and concealed storage solutions. The material palette leans into warm, tactile finishes intended to complement the building’s industrial architectural language.

Fabbrica’s rooftop amenity is a key part of the project offering. Spanning around 800 sqm, the communal rooftop includes a private dining room, communal kitchen, lounge spaces, work-from-home zones, and outdoor dining areas overlooking the Melbourne CBD skyline.

[smartcode_project:default project_id=139552 project_image_fid=371017]

Landscape architecture studio Acre has introduced a layered rooftop garden designed to soften the urban setting while creating a more communal environment for residents.

The Fitzroy location also positions residents within walking distance of Brunswick Street, Smith Street, parks, cafés, galleries, and public transport, while remaining only minutes from Melbourne’s CBD. The project has an enviable Walk Score of 96.

[smartcode_project:default project_id=139552 project_image_fid=371025]

Pace, which is also delivering the project as builder, has developed more than 100 projects across Melbourne over the past three decades. The vertically integrated approach has become increasingly common among developers seeking greater control over construction delivery amid broader market pressures affecting the apartment sector.

The strikingly contemporary Gore Street development is now around 70 per cent complete, with purchasers expected to move into their new homes in Spring 2026. A limited number of residences remain available under the current deposit match offer.

*Conditions apply in relation to the deposit match offer.

[smartcode_project_cta:default project_id=139552]

Pace offers five per cent deposit match at Fabbrica Fitzroy ahead of Spring completion

Sydney developer Hyecorp's roots on the Lower North Shore stretch back three generations, and that deep understanding of the market continues to shape where and how it develops today.

From high-rise towers to boutique apartment projects, the family-run developer has built its reputation by focusing on a part of Sydney it knows intimately. Founded by Michael Abolakian in the early 1990s, Hyecorp is now led by his sons Stephen, Troy and Patrick.

Stephen Abolakian, joint managing director alongside Troy, has spent more than two decades in the business, overseeing development, planning, finance, marketing and sales.

Abolakian says the developer's disciplined focus on where it chooses to operate has been, and continues to be, one of Hyecorp's greatest strengths.

“We know the buyer profile exceptionally well,” Abolakian says.

“The demographics between places like Willoughby, Chatswood, St Leonards and Roseville are very similar. There are nuances between suburbs and projects, but culturally and from a buyer perspective, there’s a strong overlap.”

That buyer has historically been overwhelmingly owner-occupier driven.

Unlike many Sydney apartment developers that have traditionally relied heavily on investor demand, Hyecorp’s projects have typically attracted downsizers, upsizers, rightsizers and family owner-occupiers seeking long-term homes rather than short-term investments.

“Historically, investors have been a much smaller portion of our demand profile,” Abolakian says.

“We design for owner-occupiers. We don’t design for yield, we design for comfort, amenity, family living and long-term usability.”

That philosophy extends well beyond apartment layouts.

From landscaping and communal gardens to shared amenities and circulation spaces, Hyecorp’s developments are designed around how people actually live, something Abolakian believes has become increasingly important in Sydney’s apartment market.

“There was probably a period where having an approved project in market was enough,” he says.

“There wasn’t as much competition and if you built it, buyers would come. That’s no longer the case.”

“There’s more supply in the pipeline now, particularly with TOD precincts and low and mid-rise reforms opening up opportunities across Sydney. Buyers have more choice, so if you get the product wrong, they’ll simply go elsewhere.”

[smartcode_project:default project_id=110379 project_image_fid=311393]

The shift has forced developers to become more sophisticated in how they approach apartment design, particularly as owner-occupier expectations continue to rise.

For Hyecorp, that means thinking beyond who the buyer is today and designing for who they may become in five or 10 years' time.

“People buying now often aren’t moving in for several years,” Abolakian says.

“You might have a young couple buying today, but by the time they move in they may have children, older children, or changing lifestyle needs. You’ve got to think about how families evolve.”

That thinking also shapes Hyecorp’s approach to amenity, which positions wellness at the forefront.

[smartcode_project:default project_id=149594 project_image_fid=362634]

While resort-style facilities have become increasingly common marketing tools across Sydney apartment developments, Abolakian says the challenge is ensuring amenities are genuinely usable and appropriate for the scale of the project.

“If amenities are done right, they can materially improve the living experience,” he says, adding however that if you&nbsp;overdo it or get it wrong, you can end up with facilities nobody uses that simply create ongoing strata costs.”

That balance is something Hyecorp is aiming to strike with projects like Roseville Avenue, one of the group's upcoming Lower North Shore developments, which Abolakian describes as bringing a resort-style living experience into a metropolitan setting.

“It’s about creating something that feels special without being excessive,” he says.

“Good gardens, quality apartments, thoughtful amenity. Creating that resort feeling in a metro location.”

<img alt="Hyecorp" data-entity-type="file" data-entity-uuid="13c4c0f3-b1b7-44cf-9344-0b3d1d07797a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-02%20at%2012.14.57%E2%80%AFPM.png?VersionId=9OLWjyj2bYkDV35F78WJnyMSPfc2bJ2z" />

The focus on owner-occupier product comes as Sydney’s apartment market continues to navigate a difficult development environment.&nbsp;For Hyecorp, maintaining an in-house operating model across construction, sales, marketing and development management has become increasingly important in navigating that environment.

“We’ve always believed in keeping a lot of the process in-house,” Abolakian says.

“It creates efficiencies, but it also creates quality control. You can make faster decisions and ensure the end product stays aligned with the original vision.”

Despite the challenges, Abolakian believes demand for quality owner-occupier apartments across Sydney remains strong beneath the surface, particularly across established Lower North Shore suburbs where downsizers continue to seek new housing options close to existing communities.

“There are definitely people waiting,” he says.

“Once some of the broader uncertainty settles, whether that’s the global environment or some of the local economic noise, I think the right projects will perform very strongly.”

Hyecorp currently has three residential developments on the market across Sydney’s Lower North Shore.&nbsp;Audrey, St Leonards, positioned opposite Newlands Park, is nearing completion and preparing to welcome its first residents, with the project now almost sold out.

Hyecorp has also recently launched&nbsp;<a href="https://www.apartments.com.au/new-apartments/celine-chatswood-37-archer-street-chatswood-nsw-2067">Celine Chatswood</a>, an architectural tower, while continuing to deliver&nbsp;<a href="https://www.apartments.com.au/new-apartments/juliet-roseville-64-pacific-highway-roseville-nsw-2069">Juliet Roseville</a>, a more boutique scale of development with just 34 apartments.

Why Hyecorp continues to back Sydney's Lower North Shore apartment market

Toowong

The new Monarch Residences by Consolidated Properties Group is set to take pride and place in the heart of Toowong.

It's location at 600 Coronation Drive is one of the key selling points of the project, which is why&nbsp;Consolidated, along with joint venture partner Qualitas Group, snapped up the site for $35.5 million from Sunland in March 2022. The site has been vacant since 2006 when the ABC decommissioned their operations.

Positioned on the last significant riverfront parcel of land in Toowong, future residents of Monarch Residences will have the beauty of the Brisbane River on their doorstep, with the convenience of the city just minutes away by ferry or train.

Monarch Residences, which has had a strong sales run since being launched through Colliers last month, is ideally located for amenity, just across the road from the recently upgraded Toowong Village shopping centre and striking blue glass office tower.

[smartcode_project:default project_id=113455 project_image_fid=211492]

Toowong Village recently welcomed a new 4,000 sqm Woolworths and has a range of fashion outlets such as Juniper &amp; Co, Sussan and Moda Elegante. There's over 20 food options for dine in and takeaway, 10 fresh food stores including the Woolworths and Coles, and department stores Kmart and TK.Maxx.

While having extensive amenity on the doorstep and the Regatta ferry terminal to access the city, Monarch future residents can be on a train within five minutes of leaving their home. The Toowong Station is located next to Toowong Village, and has a direct train into Brisbane. It's just a seven minute train to Roma St Station.

On top of amenity and connectivity, Monarch's prime location on Coronation Drive also captures nature. It will be set among 1.2 hectares of landscaped gardens which capture nearly 130 metres of Brisbane River frontage. Also just up the road is the Toowong Memorial Park.

Consolidated Properties opted not to develop a third tower on the site, instead incorporating the proposed landing area for the new green pedestrian bridge which will connect Toowong to West End.

The $450 million project also includes the restoration of the heritage-listed 150-year-old Middenbury House.

[smartcode_project:default project_id=113455 project_image_fid=211466]

Within walking distance from Monarch there's a host of cafes and restaurants, including the Corner Store Cafe, Pitch and Fork, The Rich Pour Coffee Cart, as well as the Regatta Hotel &amp; The Boatshed and Barolos Italian.&nbsp;

Monarch's inner-city location benefits from being near to a number of hospitals and education. The Wesley Hospital and the Westside Private Hospital are just a short drive either side of the site, while The University of Queensland isn't too far away, located near the river in St Lucia.&nbsp;

[smartcode_project:default project_id=113455 project_image_fid=211484]

St Ignatius School, Brisbane Boys' College and Toowong State School also surround Monarch, located just off Coronation Drive and Sylvan Road.

Monarch has been designed by Cottee Parker Architects&nbsp;and John Wardle Architects and will offer 224 luxury apartments spread across two 15-level buildings. The building will also include 482 car spaces.

The building will also feature a range of amenities designed to enhance residents' lifestyles including a rooftop pool and BBQ area, gymnasium, private dining room with kitchen facilities as well as secure bike storage.&nbsp;

[smartcode_project_cta:default project_id=113455]

Future residents of Monarch Residences will have the beauty of the Brisbane River on their doorstep, with the convenience of the city just minutes away by ferry or train.

alisonwarters@gmail.com

How Monarch Residences location offers the best of Toowong living

Consolidated Properties Group have officially launched their anticipated Toowong development, Monarch Residences.

The $450 million project on the Brisbane River, which is being delivered in conjunction with funding partner Qualitas, will feature 224 apartments across two 15-level towers at 600 Coronation Drive, the last significant riverfront parcel of land in Toowong.

The project includes the restoration of the heritage-listed 150-year-old Middenbury House and will be set among 1.2 hectares of landscaped gardens, incorporating the proposed landing area for the new green pedestrian bridge, connecting Toowong to West End.

Consolidated Properties Group chairman and CEO Don O’Rorke said Monarch Residences would set a new benchmark for apartment living in Brisbane’s inner west on one of the best riverfront sites in the city.

[smartcode_project:default project_id=113455 project_image_fid=211492]

“The launch of the sales display coupled with the imminent start of construction represents a vote of confidence in the Brisbane property market” O’Rorke said.

“Buyers are telling us they haven’t seen anything like Monarch Residences in the market, which is why we’ve had such strong interest so far especially from locals.”

Consolidated Properties Group Head of Residential James MacGinley said part of Monarch’s appeal was its range of floor plans for one, two, three and four-bedroom river homes, apartments and penthouses.

[smartcode_project:default project_id=113455 project_image_fid=211472]

“We’ve worked closely with our architects – Wardle and Cottee Parker Architects – to curate the right mix to appeal to a broad cross-section of buyers whether they are downsizing or right sizing. The common link across the buyers is they are all locals who understand the value of a piece of real estate that can’t be replicated in Brisbane’s inner west,” MacGinley said.

“There’s no better connected site in Brisbane especially when you consider the rail, bus, ferry, pedestrian and cycleway linkages as well as the future green pedestrian bridge.

“The landscaped gardens, including 3000 square metres of public parkland, will make people forget they are right on the doorstep of one of Brisbane’s major centres.”

[smartcode_project:default project_id=113455 project_image_fid=211490]

Brisbane’s Lord Mayor Adrian Schrinner officially opened the $3 million sales display earlier this week.

&nbsp;

&nbsp;

Schrinner said the proposed green bridge would connect Toowong to the West End and make it easier for residents to move around the city.

“This bridge would provide further options to cyclists and pedestrians to travel between Brisbane’s west, south and the CBD and further enhance Brisbane’s world-class Bicentennial Bikeway,” Schrinner said.

“Our collaboration with Consolidated Properties Group is an important example of council and business working together to achieve outcomes to benefit the whole community including much needed housing and infrastructure.

“That’s why I’m pleased to be here today to help launch the sales display for Monarch Residences, which is an important addition to the housing market in Brisbane.”

[smartcode_project:default project_id=113455 project_image_fid=211466]

Hutchinson Builders are handling the construction of Monarch Residences. The two towers will be built&nbsp;simultaneously, with construction kicking off in March. They should take around two and a half years to build.

Consolidated Properties Group purchased 600 Coronation Drive for $43.5 million from Sunland in March 2021. The development application was filed in November 2021 and approved in July last year.

Qualitas Global Head of Real Estate and Co-Founder, Mark Fischer said Brisbane remains one of the most undersupplied housing markets in Australia.

"We are pleased to be able to play a role in increasing the supply of high-quality housing in Brisbane”.

“Thematically we like investments in established and well-connected neighbourhoods, with rail, bus, ferry, pedestrian, and cycleway linkages, plus the future green pedestrian bridge. It is rare that this dynamic presents in a sought-after location like Brisbane’s inner west and on one of the best riverfront sites in the city.”

[smartcode_project_cta:default project_id=113455]

Consolidated Properties Group launch Monarch Residences in Toowong

Bespoke property developers, Feltham Property Group are inching closer to a sell-out in their most recent luxury residential project, Oakman Residences.&nbsp;

Nestled on the border of blue-chip suburbs Toowong and Taringa, construction is well underway at Oakman Residences as over 70 per cent of residences have now been sold.&nbsp;

Owner and Director, Cameron Feltham, said the majority of interest so far has come from local buyers living in the area as they understand how truly special this community is.

[smartcode_project:default project_id=112924 project_image_fid=204776]

The bulk earthworks have now been completed onsite, with the important milestone an exciting time for Feltham, who noted the risk of having large open areas.

“It’s often one of the riskiest parts of the build, with with large amount of open areas often the subject to storms and erosion,” Feltham said.

“We found plenty of rock so we should have excellent foundations!”

"Over the next couple of weeks well start work on the external retaining walls in front of residences 12-16, as well as our northern basement," he added.&nbsp;

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="315" src="https://www.youtube.com/embed/19zY1S6a4Tc" title="YouTube video player" width="560"></iframe>

Designed by the Elizabeth Anderson-fronted Hayes Anderson Lynch, in collaboration with Studio LMD in the interiors, Oakman Residences offers luxury, low maintenance living, all surrounded by parklands and greenery.

The timeless design intertwines with traditional Queenslander elements and modern interior fitouts to deliver just 23 residences.&nbsp;

17 park-fronting residences with spacious three-bedroom floorplans will be delivered across the site, along with six full-floor three-bedroom sky homes, afforded with their own lift access.&nbsp;

“Designed around community, Oakman Residences has been crafted to create a sense of privacy and seclusion to each of the dwellings, while feelings protected and nestled within a community,” says Anderson.

Each of the homes are complete with high-end finishes, including timber floors, Bosch appliances and ducted air-conditioning, while also incorporating oversized balconies, butler’s pantries, extra high-ceilings and curved feature walls.&nbsp;

[smartcode_project:default project_id=112924 project_image_fid=204779]

The sales team also recently unveiled a detailed scale model of Oakman Residences, which Feltham says really brings the project to life.&nbsp;

“It makes Oakham Residences easier to understand and appreciate the level of thought and detail that has gone into the project,” Feltham added.&nbsp;

[smartcode_project_cta:default project_id=112924]

Designed by the Elizabeth Anderson-fronted Hayes Anderson Lynch, in collaboration with Studio LMD in the interiors, Oakman Residences offers luxury, low maintenance living, all surrounded by parklands and greenery.

Oakman Taringa: An alternative to a traditional home, without sacrifice

The penthouse crowning Arc Toowong, the newest Brisbane development from prominent South East Queensland developer Spyre Group, will be one of the priciest ever developed in the Queensland capital.

Spyre are seeking $14.5 million for the luxury 700 sqm spread atop the striking riverfront project designed by bureau^proberts.

The developer will be shooting for back to back records with the Toowong penthouse, having earlier this year secured the biggest price for any Queensland apartment, both off the plan and established, at it's boutique Burleigh Heads project, Glasshouse.

Bureau^proberts, who also designed Glasshouse, were again tasked with creating a visually-unrepeatable development.

[smartcode_project:default project_id=112987 project_image_fid=201583]

The penthouse boasts&nbsp;100 metres of unobstructed river frontage across two floors, the largest river frontage for a multi-resident property in Brisbane. It comprises four bedrooms, including an expansive master which has&nbsp;180-degree views over the river and St Lucia, and a private ensuite with a separate wellness spa featuring a steam room and ice bath overlooking a tropical garden.

Spyre Group Design Director Kent Pinel said that every design choice of the two-level penthouse was curated to serve a distinctly Brisbane lifestyle for a discerning buyer who appreciates rarity, craftsmanship, and who seeks an enriching life.

“From the moment you enter, you quickly find there is little the apartment cannot do,” Pinel said.

[smartcode_project:default project_id=112987 project_image_fid=207942]

“Everything exists to elevate the residents’ level of living. You have the grand art gallery and open plan living space for the entertainer, the private studies for the work-from-home executive, the blank canvas gallery wall for the culturally curious, a 5-car private garage and basement recreation space, and a private spa for the wellness inclined individuals seeking to optimise their routine."

So far 90 per cent of the buyers have been downsizers from Brisbane's western suburbs.

"It’s a property for the locals” Pinel said.

[smartcode_project:default project_id=112987 project_image_fid=207939]

The most impressive feature of the penthouse is its private rooftop terrace, which offers 360-degree views over the Brisbane skyline, the river, Mt Coot-tha and St Lucia. It comes complete with a 20-metre pool, heated spa, private yoga green and an entertainer’s kitchen with subtropical landscaping wrapping the space.

The kitchen features tailored European appliances by V-Zug and an arbored island bench thermally moulded into a solid surface, a versatile man-made material.

“Arc is our opportunity to define the architectural difference in an emerging city that is truly subtropical, maybe the only one of its kind in the world, and the rooftop terrace is built to enrich this lifestyle,” Pinel added.

[smartcode_project:default project_id=112987 project_image_fid=201584]

“You can’t get the same architectural experience of the open rooftop, the river frontage, or the subtropical garden landscaping in places like Sydney, New York, even the Gold Coast, especially not for the price.

“Brisbane has the perfect subtropical climate for this lifestyle and we're pioneering to create a design standard unique to our river city.”

The 28 apartments, which start at around $3 million, are being marketed by YPM Group.&nbsp;

The sub-penthouse, the only other four-bedroom apartment in the development, has a $7.25 million price tag.

[smartcode_project_cta:default project_id=112987]

Spyre are seeking $14.5 million for the luxury 700 sqm spread atop the striking riverfront project designed by bureau^proberts

Brisbane's best penthouse? Spyre Group light up Toowong with ARC penthouse

Leading private Brisbane developer, Consolidated Properties Group, in joint venture with the Qualitas Real Estate Opportunity Fund 2, has&nbsp;received approval for Monarch Residences, a $375 million development of the last significant riverfront parcel of land at Toowong in Brisbane.

The&nbsp;development of 600 Coronation Drive will see two 15-level towers built among three acres of riverfront gardens with around 130 metres of direct river frontage.

The development approval allows for a third 15-level tower to be built on the site, however it is expected that this third tower will not proceed to make way for the Toowong to West End Green Bridge in the future.

The two Monarch Residences towers will include 233 apartments that will be launched to market in Spring this year. There will be a mix of&nbsp;one, two, three&nbsp;and four bedroom skyhomes, river villas and penthouses. The Monarch Residences are priced from $550,000 for the one-bedroom apartments through to $8 million-plus for the penthouses.

Monarch Residences have been designed to maximise views across the Brisbane River and the city. AIA Gold Medal award-winning architect John Wardle Architects (JWA) has designed the development with support from local Brisbane architects Cottee Parker Associates.

Consolidated Properties Group Chairman Don O’Rorke said Monarch Residences will become the signature address in Brisbane’s inner west.

“Monarch Residences will set a new standard in apartment living in Toowong with its premium location and unsurpassed quality and style," O'Rorke said.

“Monarch Residences is an outstanding offer and will be unique for the area with its extensive gardens which run to the river’s edge. It will become renowned in the local area, and we look forward to working with Hutchinson Builders to get it started.”

Monarch Residences site is rich in history, with the local community awaiting its development. It will provide a significant uplift for the local Toowong community as the development approval includes an extension of the Bicentennial Bikeway, a riverfront park and the restoration of the Heritage listed Middenbury House. Upon completion, Middenbury House will be accessible to the public for the first time since it was built in 1865. Its refurbishment will include a conversion into a café and restaurant.

Consolidated Properties Group and Qualitas Group purchased 600 Coronation Drive for $35.5 million from Sunland in March 2022. The site has been vacant since 2006 when the ABC decommissioned their operations.

Consolidated Properties Group Head of Residential James MacGinley said 85 per cent&nbsp;of those registered so far have been locals.

"Feedback on the apartment design from these locals have reaffirmed the deliberate approach we’ve taken to enlarge living areas and balconies to embrace Queensland living,"&nbsp;MacGinley said.

The development of 600 Coronation Drive will see two 15-level towers built among three acres of riverfront gardens with around 130 metres of direct river frontage.



Consolidated Properties to launch two-tower Toowong apartment development after council sign off

The Brisbane developers State Development Corporation, in partnership with City Developments Limited,&nbsp;have redesigned the&nbsp;plans for their&nbsp;new apartment tower in Toowong.

The proposal for 58 High Street seeks to respond to the shortage of quality owner occupier apartments within the Toowong residential market, which was demonstrated by the successful sale of all apartments at the nearby Aviary, SDC note.

Nettleton Tribe have prepared revised architectural plans for the site, known as The Vanda, with approval previously given for 157 apartments.

The change comes as the developers focus shifted from wanting to attract residential investors, initially creating a majority of one and two-bedroom dwelling, to instead complimenting the Aviary, responding to the maturing residential apartment market, attracting owner occupiers.

<a href="/new-apartments/58-high-street-toowong"><img alt="" height="764" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-04-12_at_11.14.41_am.png" width="1212" /></a> 
Render of the proposed new tower at 58 High Street, Toowong. Image credit: Nettleton Tribe.&nbsp;

The new plans reduce the number of apartments by 29, with the 20-storey tower now set to be home to 125 residences, consisting of 28 one-bedroom, 61 two-bedroom and 36 three-bedroom apartments.

The landscaping throughout, by AS Design, plays a pivotal part in the development, with three out of four facades covered in deep planting and greenery, as well as creating a garden space on the rooftop terrace.

The proposal provides a distinct lower, middle and upper building form and is well articulated with varied materials, balconies and screening.

The built form of the podium and ground floor plane embraces the subtropical environment of South-East Queensland by providing layered awnings and an articulated landscaped interface to the north and west activating Ebor Street and High Street edges.

<a href="/new-apartments/58-high-street-toowong"><img alt="" height="716" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-04-12_at_1.51.03_pm.png" width="430" /></a> 
The facade from Ebor St.&nbsp;Image credit: Nettleton Tribe

The configuration of apartment floors has been orientated to encourage favourable daylight and maximised view lines to living areas.

Sitting above all residential floors, both outdoor and covered communal areas take advantage of natural lighting and sweeping views to the city and the river for all of the residents.

Large doors have also been installed in all public and communal locations, allowing seamless connection between indoor and outdoor spaces. Where possible and appropriately shaded, large floor-to-ceiling openings have been created with Juliette balconies.

Plans outline three levels of basement parking, before reaching the lower ground floor, which features a resident&rsquo;s store, with the upper-ground floor including four retail tenancy spaces, occupying the north-western side of the ground floor.

Two podium levels provide further car and bicycle parking, with the residences starting on level four through to 19, before the tower tops out with a rooftop terrace on level 20.

Nettleton Tribe have prepared revised architectural plans for the site, known as The Vanda, with approval previously given for 157 apartments.



Toowong apartment development to become more owner-occupier friendly

Toowong, the riverside inner-Brisbane suburb,&nbsp;is set for a contemporary mixed-use development.

Plans have been filed for two towers, dubbed The Edge&nbsp;at&nbsp;80-88 Jephson Street Toowong, which will see 320 apartments built above a number of retail spaces on a podium level.

There will be a mix one two, three and four-bedroom apartments in Tower A, and the&nbsp;

The local architecture firm, Zenx Architects, designed the two 24 and 25-level towers with the focus of &quot;Living on the Edge.&quot;

&quot;It embraces the design principles of &ldquo;Buildings That Breathe&rdquo; and reflects a new post-Covid lifestyle,&quot; Zenx submission to the Brisbane City Council advised.

<a href="/new-apartments/toowong-qld-4066">To keep up to date with the project, enquire here.</a>

&quot;We have explored various responses to new social challenges, with the aim of generating a design that reflects changing lifestyles and demands of residents.&quot;

Zenx said the site provides an exciting opportunity for urban renewal excellence, being located in the central hub of Toowong and part of Brisbane City Council&rsquo;s strategic catalyst site.

&quot;Sitting between the Brisbane river and foothills of Mt Coot-tha, where the green meets the blue, the development is situated alongside all the natural &amp; urban attributes that can support a healthy, connected and sophisticated lifestyle.&quot;

<img alt="" height="1236" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/the_edge_toowong_2.jpg" width="1200" />

There was a big focus for Zenx to encourage healthy indoor and outdoor living, entertainment, and working from home, as well as creating a positive social connection in the neighbourhood.

&quot;The design of this development occurred through the Covid pandemic period, and will be one of first projects to deliver a considered response to the post-Covid era.

&quot;We have explored various responses to new social challenges, with the aim of generating a design that reflects changing lifestyles and demands of residents.&quot;

<a href="/new-apartments/toowong-qld-4066">To keep up to date with the project, enquire here.</a>

The level three podium roof terrace, shared between both buildings, will feature a&nbsp;20 metre lap pool and adjoining play pool, a gym, indoor lounge, and a quiet room.

There will be further resident amenity on each rooftop, with landscaped gardens and lounge area, as well as ground level media room, lounge and function room.

The plans were filed by Po Seng Management.

No doubt they took some inspiration of the green laden The Aviary apartment development, currently being developed next door by State Development Corporation.

"The concept of “Living on the Edge” is our answer...It embraces the design principles of “Buildings That Breathe” and reflects a new post-Covid lifestyle"



Plans filed for "post-COVID" mixed-use apartment development in Toowong

The South East Queensland&nbsp;developer Mosaic Property is having its busiest period on record.

Fresh off securing a near sell-out of their Mermaid Beach development Dawn in&nbsp;around two weeks, the developer, led by its founder and managing director Brook Monahan, are set to launch yet another project.

Kensington by Mosaic, designed in partnership with Cottee Parker, will be&nbsp;the eighth&nbsp;project the company have developed in Brisbane&#39;s inner west, with more to come, according to Monahan.

&quot;We have invested significantly in this particular area over many years and will continue to do so because there is a genuine, sustained appetite for the incredible, effortless lifestyle on offer,&quot; Monahan says.

<img alt="" height="1734" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/kensington_mosaic_1.jpg" width="1600" />

&quot;Everything you could possibly want is in such close reach, including some of the most significant infrastructure projects of our generation, such as Brisbane Live, the Victoria Park redevelopment, Queensland Wharf, and Toowong&#39;s new $450m mixed-use town centre, The Aviary.&quot;&nbsp;

Kensington by Mosaic is not farm&nbsp;from Mosaic&#39;s sold out The Patterson. The 62 apartments, predominantly&nbsp;secured local&nbsp;owner-occupiers, took just four weeks for 90 per cent of the $72 million building to sell last October.

Located&nbsp;across from the heritage-listed Toowong Memorial Park, Kensington by Mosaic will home 63 two and three bedroom apartments and one penthouse over nine levels. There will be a communal rooftop entertainment area with an infinity-edge pool, sun deck, barbecue and dining areas.&nbsp;

<img alt="" height="800" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/kensington_pool.jpg" width="1600" />

The architecture reflects a&nbsp;subtropical theme with over 170 sqm of extensive deep planting and landscaping.&nbsp;

Much like The Patterson, owner-occupiers are expected to be the dominant buyer profile.

Prices start from $610,000 for a 97 sqm two bedroom, two bathroom apartment and 128 sqm for a three bedroom, two bathroom and two car apartment.

The Penthouse&nbsp;

<img alt="" height="889" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/kensington_mosaic_3.jpg" width="1600" />

A 230 sqm penthouse&nbsp;boasts an&nbsp;expansive outdoor terrace with northern&nbsp;city, river, hinterland, and parkland views.&nbsp;

Mosaic has&nbsp;approximately&nbsp;$300m in projects currently under construction in Brisbane&nbsp;and another $370m in projects under construction across the Gold and Sunshine Coasts.

The Henry in Indooroopilly is due for completion mid this year, and The Sinclair in East Brisbane and The Patterson in Toowong are due to be finished in 2022. All three Brisbane developments are sold out.

Kensington by Mosaic, designed in partnership with Cottee Parker, will be the eighth project the company have developed in Brisbane's inner west



Tower reveal: Mosaic to launch new Toowong development Kensington by Mosaic

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Don O'Rorke's Consolidated Properties has paid $43.5 million for the former ABC headquarters at Brisbane's Toowong.

The riverfront 1.5 hectare site was offloaded by the ASX listed Sunland group who bought it in 2013 for a reported $20 million.

The ABC departed the site in 2006.

Many of its buildings have been demolished with the site remediated after concerns arose following a breast cancer cluster among female staff. 

[smartcode_project:default project_id=6257]

Consolidated Properties confirmed to The Australian it had purchased the Coronation Drive site with two undisclosed business partners.

Consolidated intends at least two luxury apartment towers, with concept planning now underway with community consultation set to begin.

Sunland put the Toowong site up for sale in late 2020 after its major development for the site, a "champagne flute" plan for three apartment towers designed by Dame Zaha Hadid was rejected by the Supreme Court in 2018.

[smartcode_project:default project_id=94811]

The heights of the towers ranged from 22 to 25 storeys.

The site includes a heritage building known as Middenbury Home, set to be retained potentially as a restaurant, cafe or gallery.

Last October Sunland told its shareholders that it would wind down its operations over the next three-to-five years.
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Queensland developer Consolidated Properties has paid $43.5 million for Brisbane’s former ABC headquarters at Toowong

jchancellor

Consolidated Properties pays $43.5 million for Brisbane’s former ABC headquarters at Toowong

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Foley House at Toowong has been sold through McGrath Estate Agents for $2.55 million.
It was bought by an Australian expat couple living in Singapore.
Alex Jordan and Frazer Watson sold it to the couple who viewed the home via a WhatsApp video.
The 1916 estate last traded in 2000.
The 75 Woodstock Road property had previously sold for $500,000.
Set on 1,465 sqm of prime land on three lots, it is a stroll to cafés, schools and public transport.
The six bedroom, four bathroom features leadlight glass detailed windows and French doors as well as a pool.
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