Leeka Group has gone down the path of bringing a heightened level of wellness to its recently unveiled Melbourne apartment development, Comme Prahran.

It isn't in the form of a suite of amenities, given the building is more boutique in nature with just 32 apartments, but with clever inclusions designed to uplift their residents lifestyle.

<a href="https://www.apartments.com.au/new-apartments/comme-prahran-182-194-commercial-road-prahran-vic-3181">Comme</a>, directly opposition the iconic Prahran Market on Commercial Road, has been designed by renowned architecture studio <a href="https://www.apartments.com.au/architects/cera-stribley-architects">Cera Stribley</a> and&nbsp;will introduce the first-of-its-kind multi-dimensional wellness offering, where physical, mental, social, environmental, and cultural well-being are embedded throughout.

“Prahran has long been a destination for culture, community and quality of life, and Comme builds on that in a deeply intentional way,” says Leeka Director, Chek Ming Cheng.&nbsp;

“This project introduces a new kind of urban sanctuary, one that adapts to individual definitions of wellness, whether that’s through nutrition, rest, movement, design or connection. Every space has been thoughtfully shaped to support the diverse rhythms of modern life."

[smartcode_project:default project_id=108413 project_image_fid=353544]

There will be a rooftop with a&nbsp;Zen garden designed by <a href="https://www.apartments.com.au/landscape-architect/plume-studio">Plume Landscape Architects</a>, offering&nbsp;a sensory experience that activates all five senses, an edible herb wall to taste, calming botanicals to smell, reflexology paths to feel, lush plantings to see and the gentle sounds of water and birdsong to hear.

Inside each residence, wellness is deeply personal, and Comme embraces this individuality with a suite of customisation options designed to enhance both health and lifestyle. Residents can tailor their homes with circadian lighting automation, supported by research linking it to improved well-being, better rest, and even longevity.&nbsp;

[smartcode_project:default project_id=108413 project_image_fid=353546]

Other add-ons residents can opt for include real-time air monitoring and purification systems, ensuring a cleaner, healthier environment, while blackout blinds help optimise sleep quality. Additionally, the option to include integrated smart home technologies and security measures with multiple controlled access points offers ease, convenience, and peace of mind, supporting day-to-day living and contributing to overall mental well-being.

Kitchens can be fitted with healthy cooking appliances such as steam ovens and taps for instant filtered, sparkling or hot water, while ensuites can be transformed into spa-style sanctuaries complete with steam showers, heated floors, rain heads, smart toilets, and sensor night lights to support restful sleep cycles. In the penthouse residence, further options include an outdoor spa for enhanced recovery and indulgence.

“Comme isn’t just about design, it’s about how space can support your day-to-day life," Chek added.

"Whether you like a steam shower, checking your indoor air quality, simply enjoying a quiet moment in the rooftop garden, or reflecting on the artworks in the building, wellness is part of your everyday routine, not an afterthought."

[smartcode_project:default project_id=108413 project_image_fid=353543]

The residences will feature open-plan layouts compliant with Better Apartment Design Standards (BADS), with floor-to-ceiling windows that maximise ventilation, natural light and thermal comfort. Finishes such as natural stones, timber flooring and low-VOC paints are complemented by facade design that filters dappled light and aids in thermal comfort.

Cera Stribley, Co-Founder, Domenic Cerantonio, said the first thing you notice is the light.

"Natural light floods the living spaces, casting a soft glow that instantly lifts your spirits. It's as if the outside world melts away, and you're cocooned in a peaceful oasis."

The gallery-style residential lobby will feature circadian-inspired lighting and artwork, while the ground-floor will offer retail and hospitality spaces.

The building’s mixed-use design fosters connection, with ground-floor retail and hospitality creating a vibrant, welcoming destination. These spaces are thoughtfully designed to enhance the precinct and bring it to life.

&nbsp;

[smartcode_project:default project_id=108413 project_image_fid=353545]

Sustainability and environmental responsibility are integral to Comme Prahran’s DNA. All homes are gas-free and designed to a 7-star energy average, with double glazing, WELS-rated plumbing, and EV charging capabilities available. A light-coloured exterior has been chosen to minimise heat absorption, supporting thermal efficiency and reducing reliance on artificial cooling.

Honouring the cultural richness of Prahran, the project reimagines an Edwardian-era landmark, integrating its historic character into a contemporary architectural form. Art experiences will activate the residential and retail lobbies, and a dedicated artwork on the external eastern facade will enrich the building’s street presence, embedding it into the creative fabric of the neighbourhood.

&nbsp;

[smartcode_project_cta:default project_id=108413]

Joel Robinson

Comme Prahran launches opposite Prahran Market

Apartment developer Third.i has seen "overwhelming interest" in its recently unveiled new harbourside apartment project, The Rushcutters.

<a href="https://www.apartments.com.au/new-apartments/the-rushcutters-51-57-bayswater-road-rushcutters-bay-nsw-2011">The Rushcutters</a>, which is being delivered in partnership with James Packer's NPACT, will comprise just 13 luxury two- and three-bedroom apartments.&nbsp;

Demand is predominantly coming from local downsizers.

[smartcode_project:default project_id=144646 project_image_fid=351903]

“We’ve been absolutely blown away by the level of interest in The Rushcutters,” said Luke Berry, Director and Co-founder Third.i Group.

“It’s clear that buyers are seeking more than just a place to live, they’re looking for a lifestyle upgrade. The ability to amalgamate apartments into expansive, whole-floor homes is a game-changer for downsizers who want space without the maintenance of a traditional house.”

The Rubinstein Group is marketing the project alongside Hume Residential and JLL.

“It’s no surprise that if you’re downsizing from a five-bedroom house in Bellevue Hill, for example, you want to maintain that sense of space and luxury when looking for your next home, "&nbsp;Gavin Rubinstein, Founder of The Rubinstein Group, said.

“The Rushcutters is a great fit. Amalgamating apartments to create a bespoke, whole-floor home is a natural progression for buyers who aren’t willing to compromise on size and/or quality.”

[smartcode_project:default project_id=144646 project_image_fid=351901]

Amalgamating apartments has become a common theme among high-end buyers across Third.i's portfolio including Muse in Potts Point, and Elevate Hume Place in Crows Nest, which set a Lower North Shore apartment record with the $15.1 million sale of an amalgamation of a penthouse and sub-penthouse.

“We’re witnessing a clear shift towards more amalgamations in a number of our projects across Sydney,” said Jason Fraser, Principal at Woods Bagot.

[smartcode_project:default project_id=144646 project_image_fid=351899]

“The ability to combine apartments is enabling buyers to create truly unique, house-sized residences with high-end finishes, and proximity to vibrant urban precincts. The desire to amalgamate apartments to bespoke, house-sized residences is becoming a defining feature of Sydney’s evolving luxury apartment market."

Due to the City of Sydney’s no net dwelling loss policy, Thirdi is only able to offer one level for amalgamation at The Rushcutters, combining two apartments into a single, expansive residence.

[smartcode_project_cta:default project_id=144646]

The Rushcutters a "great fit" for downsizers

Lower North Shore developer <a href="https://www.apartments.com.au/developers/abadeen-group">Abadeen</a> has secured development approval for its ultra-luxury residential project on the <a href="https://www.apartments.com.au/new-apartments/34-burran-avenue-mosman-nsw-2088">dress circle Burran Avenue</a>.

The project, just&nbsp;50 metres from Balmoral Beach within Mosman’s prestigious Golden Triangle, will commence construction in early 2026,&nbsp;following the successful completion of its nearby Hampden Mosman project.

Lodged in April 2025 and approved in September 2025, the development will comprise three whole-floor residences, each designed to capture panoramic harbour views through Sydney Heads.

<img alt="34 Burran Avenue, Mosman" data-entity-type="file" data-entity-uuid="7f4c7816-0ac8-4ef7-be0a-8ef23b693b68" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/BURRAN%20EV01%20R04%20option%201%20%281%29.jpg?VersionId=gVzI8pT6_K59Nhzaz0FLEvY6Kj9Kc8Fg" />

Set on an elevated 550 sqm corner site at the junction of Burran Avenue and Stanton Road, the building has been designed to sit within Balmoral’s natural slope. The façade mixes stone and metal cladding with angular forms, while oversized terraces and full-height sliding doors create a connection between interior living spaces and outdoor entertaining areas.

The delivery team from Abadeen’s Hampden Mosman project, which includes construction company Reform Projects and interiors company Mathieson, has been retained to bring the same level of execution and craftsmanship to Burran Avenue.

<a href="https://www.apartments.com.au/architects/platform-architects">Platform Architects</a> has been appointed project architect, bringing extensive experience from recent luxury residential projects in Manly, Fairlight and Freshwater.

&nbsp;

Justin Brown, Executive Chairman and Founder of Abadeen, said sites of this calibre, this close to Balmoral, are incredibly rare.

“Burran Avenue is an extraordinary site; its location, its scale and its outlook make it truly one of a kind. Receiving DA approval marks an exciting milestone for Abadeen."

"We’re proud to be moving forward with an exceptional team to deliver a project that will set a new standard for ultra-luxury living on Sydney’s Lower North Shore. Construction is planned to commence in early 2026, and interest is already strong from discerning local buyers who recognise the uniqueness of this address."

Brown anticipates prices will set new Mosman benchmarks above $20 million. Sales are expected to launch in March 2026.

Abadeen approved for Mosman's priciest apartments

Lifestyle developer <a href="https://www.apartments.com.au/developers/gurner">GURNER™ Group</a>, in partnership with Costa Property Group, has announced plans to reimagine Cunningham Pier in Geelong, one of Victoria's most recognisable heritage landmarks.

The announcement follows the City of Greater Geelong’s release of its Draft Geelong Waterfront Master Plan, which seeks to revitalise the waterfront with new energy, tourism, and investment. GURNER and Costa Property Group’s vision aligns with the Council’s ambitions to create a vibrant, connected, and economically powerful precinct for the community.&nbsp;

The future of Cunningham Pier will draw inspiration from Sydney Harbour’s luxury waterfront residences through to Dubai’s sculptural pier-edge towers, blending architectural excellence with &nbsp;resort-style living, hospitality, and public amenity.&nbsp;

The concept, described as “Saint Moritz on the Sea”, is envisioned to include:&nbsp;

<ul>
	<li>Six-star hotel accommodation and services&nbsp;</li>
	<li>World-class restaurants, bars, and public spaces&nbsp;</li>
	<li>High-end residential offerings&nbsp;</li>
	<li>Entertainment and cultural venues&nbsp;</li>
	<li>Potential cruise ship port facilities, integrating Geelong into the global travel network&nbsp;</li>
</ul>

The transformative project aims to become a magnet for tourism, investment, and innovation, while &nbsp;ensuring continued public access and connection to Corio Bay’s pristine waterfront.&nbsp;

Cunningham Pier has been operated by Costa Property Group for more than 15 years, with the City of Greater Geelong expressing strong support for strategic commercial partnerships that unlock &nbsp;tourism-led economic development for the region’s fast-growing population.&nbsp;

Tim Gurner, Founder &amp; Executive Chairman, GURNER™ Group, said the project is a "once-in-a-generation opportunity to put Geelong on the global map," adding that their version will be of what icons like the Opera House, Story Bridge or Empire State Building have done for other great cities.

“We’ll be working hand-in-hand with the Mayor, Council, the local community, and State Government to deliver something truly iconic that positions Geelong on the world stage. This project brings together everything we’ve built our brand on – world-class design, hospitality, &nbsp;lifestyle, and experience – all in one place. From six-star hotels and restaurants to the possibility of a &nbsp;new cruise ship terminal and luxury residences, the vision is extraordinary.”&nbsp;

City of Greater Geelong&nbsp;Mayor Stretch Kontelj said he welcomes the "bold and inspiring vision reimagining our beloved Cunnigham Pier as a global destination."

"This ambitious plan and the opening of Nyaal Banyul Geelong Convention and Event Centre next year have the potential to take our already world-class waterfront to even greater heights.”

Sydney Harbour, Dubai pier towers, to influence Gurner's Cunningham Pier, Geelong development

<a href="https://www.apartments.com.au/architects/bates-smart">Bates Smart</a> is one of Melbourne's longest standing architecture firms.

Founded in Melbourne in 1853 by Joseph Reed, the firm began as Reed &amp; Barnes and has evolved through various partnerships before adopting the Bates Smart name in the 20th century. With a continuous presence spanning more than 170 years, the practice has played a pivotal role in shaping Melbourne’s architectural identity.

In the 19th century, Bates Smart designed several of Melbourne’s enduring landmarks, including the Royal Exhibition Building (1880), a UNESCO World Heritage site, and the Melbourne Town Hall. The firm’s influence continued into the 20th century with notable works such as Ici House (1958), considered Melbourne’s first modern skyscraper and a milestone in post-war Australian architecture.

One of their landmark designs was&nbsp;The First Church of Christ, Scientist, at 336-340 St Kilda Road. The building, which is listed on the Victorian Heritage Register, was designed by Bates, Peeble and Smart with construction completed in 1922. Architecturally, the building is significant as a rare example of early twentieth century classicism applied to a religious building. Historically, the building is significant as the first church of the Christian Science movement.

Melbourne developer Time &amp; Place decided to bring Bates Smart back to the area to design their next residential apartment project, Park Modern.

[smartcode_project:default project_id=138453 project_image_fid=2138]

<a href="https://www.urban.com.au/new-apartments/park-modern-south-melbourne-1-middleton-lane-south-melbourne-vic-3205">Park Modern</a>, on one of the largest island sites on the Melbourne CBD fringe, bordered by Dorcas Street, Wells Street, and Middleton Lane, will comprise two sculptural towers. It is being positioned as a design-forward response to evolving owner-occupier preferences in the Domain precinct.

Tim Price, Director at <a href="https://www.apartments.com.au/developers/time-place">Time &amp; Place</a>, says&nbsp;Bates Smart have got a footprint on this city, probably like no other architect.

"It’s a really nice kind of next chapter story, that they created from a design perspective so long ago," Price told Apartments.com.au.

Park Modern will be the third time Time &amp; Place has worked with Bates Smart, having successfully designed and delivered Collins House and Opera on St Kilda Road together.

The brief focused on creating a built form that would feel contextually appropriate while offering a contemporary evolution of inner-city apartment living.

[smartcode_project:default project_id=138453 project_image_fid=2137]

The focus for Park Modern is squarely on owner-occupiers.

“It’s not always about downsizing," Price says.

"Sometimes it’s just about creating a space which is easily maintained, lock up and leave, reflecting people’s aspirations, whether they’re entertainers, big dining room spaces, big open terraces, they’re important parts of any design consideration.”

The building includes a mix of one, two and three-bedroom apartments, as well as penthouses, with layouts and floor plans designed to suit a broad demographic. The architecture has been shaped to capture&nbsp;view corridors to the Botanic Gardens, Port Phillip Bay and the CBD skyline.

Each apartment has been oriented to maximise natural light and provide a clear outlook, elements often cited by owner-occupiers as key criteria.

[smartcode_project:default project_id=138453 project_image_fid=351806]

Rather than defaulting to a generic luxury offering, the amenity strategy at Park Modern reflects specific insights into how residents want to live. The ground floor will include co-working areas, wellness facilities, and a concierge-led lobby that blends indoor and outdoor design cues.

“Wellness has become a more thoughtful consideration, not just gyms or lap pools, but things like magnesium plunge pools, saunas, daybeds, and studio spaces for Pilates and the regular cardio workout,” says Price.

One notable inclusion is a substantial porte-cochère, a covered vehicle drop-off zone integrated into the site plan. It’s a feature rarely seen in inner-urban developments and speaks to the team’s emphasis on ease of arrival and departure for residents and guests.

A display suite for Park Modern is now open by appointment, giving prospective buyers an early look at the project.

[smartcode_project_cta:default project_id=138453]

100 years on, Bates Smart returns to South Melbourne's Domain Precinct to design Park Modern

Waverley

Mirvac has signalled that its launch of its $83m redevelopment plans for the Waverley Bowling Club site is fast approaching.

Mirvac is creating a 55-apartment high-end seniors&rsquo; development with pricing advised as from $2,195,000 to $4,995,000.

Late last year Mirvac opened a display gallery for the development, known as The Langlee, will be centred around the old bowling club, which is to be converted into a wellness centre.

<img alt="" height="837" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-02-16_at_9.52.56_am.png" width="1516" />

The facility will boast a 20m indoor lap pool, steam room, treatment room and change facilities on the ground level, while on the mezzanine floor above there will be a resident gym area, yoga and stretching space.

Mirvac&rsquo;s general manager of residential NSW, Toby Long, has advised the past two years of Covid lockdowns had &quot;reaffirmed&quot; their commitment to providing the high-end wellness facility.

Mirvac broke ground on the project in April last year.

<img alt="" height="829" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2022-02-16_at_9.52.50_am.png" width="1217" />

The completion is anticipated in 2023.

The Langlee is being developed in accordance with the requirements of the State Environmental Planning Policy (Housing for Seniors or People with a Disability 2004 (SEPP).&nbsp;

The SEPP requires that at least one occupant must be 55 years of age (or older) or have a disability as defined in the SEPP.

The old bowling club premises will be converted into a wellness centre

jchancellor-FAypfDUnLy

Construction continues at Mirvac's The Langlee project at Waverley

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Former NRL star Todd Carney has sold his Waverley investment apartment.
Carney bought the one-bedroom, one-bathroom property for $607,000 in 2011.
It was snappily sold with no disclosed price by Albert Sassoon at McGrath, but buyers were being told $900,000.
It had been a $695-a-week rental in late-2019, having first yielded $550 a week on its purchase.
Located on Birrell St, the apartment offers a modern kitchen, open-plan living and dining, and a private courtyard.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2020/8/31/waverley%202.jpg" alt="">
The sale comes ­shortly after the disposal of his Sans Souci investment property at $600,500 in June.
Carney is also set to auction off a Coogee two-bedroom apartment that he bought in 2010 for $880,000.
Carney, who has been dating the former Married At First Sight star Susie Bradley, recently opened a new tattoo studio, Island of the Gods Ink, in Bali. He participated in dry July.
There is a $563,500 median price for Waverley’s one-bedders, according to realestate.com.au.
This article was first published in the Sunday Telegraph.  
<a href="https://www.realestate.com.au/sold/property-apartment-nsw-waverley-134214442"> </a>
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firstname1-iYD4UYzvBa

Todd Carney lists Waverley investment

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Sydney Roosters head coach Trent Robinson and wife Sandra scored $2.51 million when their Waverley home went to auction yesterday.
Phillips Pantzer Donnelley agent Debbie Donnelley had been marketing the home with a price guide of $2.3 million.
But keen interest from five bidders saw auctioneer Damien Cooley knock it down to the last bidding entrant, a young first-home buyer couple who bid up from their $2,485,000 initial offer.
The Robinsons intend to trade up in the eastern suburbs, looking to move closer to the beach.
The Waverley home was bought for $1,815,000 in 2014, a year after Robinson took the top job at the club.
Bordering Clovelly, the two-level, three-bedroom home on 210 square metres has two living areas separated by a new kitchen.
Robinson met Sandra, from the French village of Montrabe, while coaching with Toulouse and Catalans. They returned to Australia in 2013.
This article first appeared in The Sunday Telegraph. 
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Sydney Roosters coach Trent Robinson scores Waverley home windfall

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Sydney Roosters head coach Trent Robinson and wife Sandra are making the move to trade-up in the eastern suburbs, and looking to move closer to the beach.
The couple have listed the Waverley home they bought for $1,815,000 in 2014, a year after Robinson took the top job at the Moore Park-based club.
It was the first time the home had traded in more than two decades.
Bordering Clovelly, the two-level home on 210 square metres has two living areas separated by a new kitchen.
The front living space features a slow combustion fireplace and the rear living area opens to a covered deck that overlooks the garden.
Upstairs there are three bedrooms­, including a master suite with a walk-in wardrobe and ensuite.
The lower level, accessible only from the garden courtyard, has a home office and a third bathroom.
Phillip Pantzer Donnelley agent Debbie Donnelley is marketing the freestanding home for an August 17 auction with a guide of $2.3 million.
Robinson met Sandra, from the French village of Montrabe, while coaching with Toulouse and Catalans.
They returned to Australia in 2013, when he sold for $495,000 the 1920s home at Wickham, near Newcastle, that he had paid $331,000 for in 2008 when he was assistant coach at the Knights.
Robinson became the youngest coach in the NRL when he took over at the Roosters in 2013 at age 35.
The club has since won four minor premierships and two grand finals.
This article was first published in the Saturday Daily Telegraph. 
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Sydney Roosters coach Trent Robinson lists Waverley home

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The Bronte Road Bistro, located in the heart of Waverley's retail precinct, is set to go under the hammer later this month.
Located in Sydnery's eastern suburbs at <a href="https://www.realcommercial.com.au/property-retail-nsw-waverley-503215162" target="_blank">280-282 Bronte Road</a>, the property has been home to the French-bistro style restaurant Bronte Road Bistro since 2008.
They have a new secure long lease until May 2022 with a further five year option.
The freestanding property on 125 sqm comes with a net rental return of $100,783 per annum with a fixed rental growth of three percent per annum.
It has a commercial kitchen and a fit-out focusing on bringing in light in to the timber-floored internal area. There's also a number of outdoor dining tables.
<img src="https://www.urban.com.au/images/2019/6/11/Bronte%20Road%20Bistro.JPG" alt="">
The property has a secure car space located on the property, as well as having a liquor licence.
It is set for auction on the 27th of June through LJ Hooker Commercial agent Steven Kruyer.
The property last traded for $1.95 million in 1997.
Owner and partner of Bronte Road Bistro Stewart Parsons re-opened Woollahra's famed Claude's restaurant after it closed in 2015.
He and chef Cameron Johnston took over the premises and renamed it St Claude's.
 
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jrobinson-rf4aSBido9

Home of Waverley's popular Bronte Road Bistro for sale

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The Waverley Gardens Shopping Centre in Melbourne has been sold for $178 million.
A new joint venture between Elanor Investors Group, global firm Heitman and domestic institutional and wholesale capital partners were behind the purchase.
The 39,554 square metre sub-regional shopping centre is on a 106,000 square metre site 25 kilometres south-east of Melbourne’s CBD.
Major tenants account for 56% of total gross lettable area and it is anchored by Woolworths, Coles and ALDI supermarkets, as well as two discount department stores.
The sale was negotiated  by JLL’s Head of Retail Investments for Australasia, Simon Rooney, on behalf of Blackstone.
 “Sub-regional assets continue to appeal to yield-driven investors given the compression in yields in other retail sub-sectors and across other real estate sectors,” said Mr Rooney.
“We continue to see demand for retail assets where investors can progressively add value and drive enhanced returns, either via intensive asset management and/or development.
“Waverley Gardens offers an attractive and secure income return and provides future mixed-use development potential, given the extensive land parcel of 106,000 square metres.
“Investors are attracted to the high population growth in Victoria which is currently running at 2.2% per annum, now the strongest nationally.
“The state provides sound investment fundamentals with the economy underpinned by broad-based growth driven by strong growth in household consumption, tourism, infrastructure spending and business investment.
“Opportunities to acquire sub-regional centres in 2017 were limited, with sub-regional transaction activity falling to $1.1 billion, less than half the $2.3 billion (per annum) which sold between 2013 and 2016 – reflecting the volume and scale of portfolio sales in prior years.
“We have seen $1.3 billion transact in the year to date.”
The Waverley Gardens Shopping Centre in Melbourne has been sold for $178 million.
A new joint venture between Elanor Investors Group, global firm Heitman and domestic institutional and wholesale capital partners were behind the purchase.
The 39,554 square metre sub-regional shopping centre is on a 106,000 square metre site 25 kilometres south-east of Melbourne’s CBD. 
Major tenants account for 56% of total gross lettable area and it is anchored by Woolworths, Coles and ALDI supermarkets, as well as two discount department stores.
The sale was negotiated  by JLL’s Head of Retail Investments for Australasia, Simon Rooney, on behalf of Blackstone.
 “Sub-<a name="_GoBack" href=""></a>regional assets continue to appeal to yield-driven investors given the compression in yields in other retail sub-sectors and across other real estate sectors,” said Mr Rooney.
“We continue to see demand for retail assets where investors can progressively add value and drive enhanced returns, either via intensive asset management and/or development.
“Waverley Gardens offers an attractive and secure income return and provides future mixed-use development potential, given the extensive land parcel of 106,000 square metres. 
“Investors are attracted to the high population growth in Victoria which is currently running at 2.2% per annum, now the strongest nationally. 
“The state provides sound investment fundamentals with the economy underpinned by broad-based growth driven by strong growth in household consumption, tourism, infrastructure spending and business investment.
“Opportunities to acquire sub-regional centres in 2017 were limited, with sub-regional transaction activity falling to $1.1 billion, less than half the $2.3 billion (per annum) which sold between 2013 and 2016 – reflecting the volume and scale of portfolio sales in prior years.
“We have seen $1.3 billion transact in the year to date.”
 
 
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jonathanchancellor-7SQnKwU6yx

Joint investment venture snaps up Waverley Gardens Shopping Centre

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Waverley's historic Hermansleigh has been listed for sale for the first time in over nearly three decades.
The 1880s Victorian Italianate <a href="https://www.realestate.com.au/property-house-nsw-waverley-126688530" target="_blank">home on Bronte Road</a> last traded for $650,000 in 1990.
Set on 500 square metres, the home has four bedrooms, two bathrooms and a rear courtyard.
A formal lounge and dining area comes with twin marble fireplaces.
The home's upper level opens to wraparound balcony with views of the ocean.
McGrath Edgecliff agent Stephen Morrow is marketing the home for a November 11 auction.
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Waverley's 1880s Hermansleigh listed

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Retired Wallaby Phil Waugh has sold his Waverley investment apartment for $950,000.
The top floor, 1930s apartment on Bronte Road cost Waugh $335,000 in 2001.
It had been a $500 a week rental back in 2010, with no subsequent rental updates provided by the agent.
The unit in a block of 12 apartment has two bedrooms and one bathroom.
It had been freshly painted.
Waugh, an open side flanker, racked up 79 Test matches for the Wallabies and 124 matches for the Waratah's over his 12 year career.
Showing he retains his passion for property sales, Adrian Bo, a McGrath 22 year veteran sold the small investment unit. It had been widely canvassed Bo could head into the estate agency's executive ranks having gained an MBA in 2014, but the right opportunity has not opened up despite the upheaval at McGrath. 
The listing of his own Randwick home through the highflying eastern suburbs agent, Gavin Rubenstein at rival firm Ray White caused raised eyebrows recently.
It was explained by Bo away as nothing more than resolving potential conflict of interest.
He told The Australian that he had three listings within a 100 metre radius of his place and it 'just didn't feel appropriate.'
No one in the McGrath Group was enlisted to sell the Bo house as a conjunctional agent.
Bo said he had a great experience with Rubinstein when the Ray White agent sold him his new home, a $5.2 million Vaucluse four-bedder.
His Randwick home sold within four weeks of listing with a $3.2 million to $3.4 million price guide. 
Three nearby listings on Canberra, Oberon and King street have all been sold by Bo recently, with Bo having three currently for sale.
 
 
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Developments

New apartments

New townhouses

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The latest real estate & off the plan properties & news, delivered to your inbox.