Sydney off the plan apartments

WINIM is set to launch its Parnell House Penthouses in Newcastle this month, atop a new 46-room luxury hotel.

The penthouses, Sand and Dune, will offer something Newcastle hasn't seen before.&nbsp;

Designed by SDA Architects and MXM Design in collaboration, the twin penthouses, priced at $8.5 million and $14 million, occupy the entire rooftop of the boutique hotel, Parnell House.

Parnell House will reside within a celebrated heritage building at 21 Parnell Place, the former Newcastle Beach Hotel, artfully re-imagined. Alongside the luxury accommodation is a café, bar, restaurant and wellness spa.

<img alt="Parnell" data-entity-type="file" data-entity-uuid="eb2ac439-e0b6-4fb8-a2bf-d6fc46038b9e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-05-08%20at%204.34.51%20pm.png?VersionId=PNsuEwFxHWKC1LWi_rCRElr1I4yv3r85" />

The $8.5 million, three-bedroom penthouse will have 191 sqm of internal living space and 78 sqm of terraces, while the adjoining four-bedroom penthouse will have 245 sqm internally and 123 sqm of terraces.

The penthouses pay homage to the barefoot nostalgia of Newcastle’s past while setting a new benchmark for the future. They feature abundant light, organic curves and natural materials, with high-end finishes and hand-crafted pieces throughout.

Each penthouse has an expansive entertaining space with a covered outdoor kitchen, dining terrace and sun deck leading to a private plunge pool nestled in a private courtyard.

Residents will have access to resort-style services from Parnell House, including five-star dining without leaving home, room service, hotel concierge and cleaning services.&nbsp;

Construction on Parnell will begin in August 2024, with completion expected in Q3 2025.

<img alt="Penthouse" data-entity-type="file" data-entity-uuid="1c2e5f6d-fcac-4a35-babd-dae48696f830" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-05-08%20at%204.35.02%20pm.png?VersionId=OJMTiv3DbY_Eof9r3i2QZ288BHgv2uca" />

Leading hospitality and management company EVT, which&nbsp;currently manages 80 hotels and 12,000 rooms across Asia Pacific with brands such as QT, Rydges, will operate the hotel.

&nbsp;

According to a March report by CoreLogic, high-end home prices have been on the rise in Newcastle since the pandemic. There's been a string of multimillion-dollar sales over the past 12 months, including a city penthouse apartment for $8.5 million in The Royal Apartments building on King Street.

The rise in high-end properties accompanies broader economic and regional growth, including population, commerce, education, and infrastructure investments. The city’s population grew by nearly one per cent between 2023 and 2024, buoyed by Newcastle University’s expansion, the reopening of the Royal Newcastle Private Hospital following a $1 billion investment, and the expansion and upgrade of Newcastle Airport.

High-end buyers moving into the city are a mix of Sydneysiders, Melburnians, and Hunter Valley locals, drawn by its mix of natural beauty, community atmosphere, career opportunities, and cultural activities.

Newcastle is also well-connected locally and nationally, with a compact city that’s easy to navigate and good public transport, making it convenient for residents to commute and explore.

Parnell House will reside within a celebrated heritage building at 21 Parnell Place, the former Newcastle Beach Hotel, artfully re-imagined

Joel Robinson

First look: WINIM reveal Newcastle's most expensive penthouses atop Parnell House

Sydney’s iconic Coogee Bay Hotel is set for a transformation.

Plans have now been approved to transform the landmark watering hole and hotel on the corner of Arden Street and Coogee Bay Road, creating new hotel rooms, a refurbishment of the current building, and the addition of a shoptop housing development with 58 apartments, 11 retail premises, and an internal laneway from Coogee Bay Road.

The approval comes after more than four years of design and planning, discussions with stakeholders, community consultation and mediation between the owners of the <a href="https://www.urban.com.au/developments/coogee-nsw">Coogee</a> Bay Hotel and <a href="https://www.urban.com.au/developments/randwick-nsw">Randwick</a> City Council. &nbsp;

The Sydney Eastern City Planning Panel&nbsp;granted a Deferred Commencement Consent, consent that will become operational once there has been a resolution of a noise management plan with Randwick City Council.&nbsp;

In their determination, the Panel considered the major changes made by the applicant to their original development application lodged in July 2021. These included an improvement of bulk and scale, a reduction in height, removal of the proposed supermarket and improvement of urban form and amenity. It was also noted by the Panel that view loss was reduced by the amended plans.&nbsp;

<img alt="Coogee Bay Hotel redevelopment gets the green light - internal laneway" data-entity-type="file" data-entity-uuid="d40acb8d-20ea-42ce-919d-901766674e83" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Coogee%20Bay%20Hotel%20Redevelopment%20Internal%20Lanway%20from%20Coogee%20Bay%20Road%20to%20Arden%20Street.jpg?VersionId=_J8cZuNHA6PjB36ZsvFxzdjRoelvecMv" />

Chris Cheung, Managing Director of the Coogee Bay Hotel, said: “We are happy to be finally moving forward and excited to deliver a renewed Coogee Bay Hotel that will reinvigorate the &nbsp;Precinct. &nbsp;

“This significant 8500 sqm site is in the heart of Coogee, provides a gateway to the oceanfront, and offers excellent access to services and public transport," Cheung said."&nbsp;&nbsp;

“As members of the community for the past 30 years, we understand the local environment and believe our plans will better integrate the hotel within the community and reinvigorate the entire site. The proposal will enhance the heritage elements of the hotel building, upgrade its accommodation offering, create a wider range of entertainment, dining options and public meeting spaces, and create a more family-friendly environment. &nbsp;

“Re-casting the Coogee Bay Hotel as a more family-friendly place will improve social outcomes, add value to local business, boost the local economy and complement the character of the local area."

<img alt="Coogee Bay Hotel redevelopment gets the green light - vicar street" data-entity-type="file" data-entity-uuid="2bcbf36e-e823-4ca2-8ee2-4b68b855afec" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Coogee%20Bay%20Hotel%20Redevelopment%20from%20Vicar%20Street.jpg?VersionId=akWABmOSGS2gAHA1JA828IwEejnLc9SI" />

The approval includes the demolition of buildings, works to the Coogee Bay Hotel including refurbishment to provide for 18 hotel rooms, a new three-storey building to the southern side of the beer garden with 13 new hotel rooms (resulting in a total of 31 hotel rooms), construction of five/six storey shop top housing comprising 58 dwellings, 11 retail premises, internal laneway from Coogee Bay Road, basement parking for 158 cars, subdivision, landscaping and associated works. &nbsp;

Discussions between the owners and Randwick City Council on the redevelopment proposal began in 2019. &nbsp;

The original development application was lodged in July 2021 and an 18-month mediation process with Randwick City Council in the Land and Environment Court has led to the grant of the Development Consent. &nbsp;

Discussions between the owners and Randwick City Council on the redevelopment proposal began in 2019

Coogee Bay Hotel redevelopment gets the green light after five years of planning

Woolworths Group's proposal for a mixed-use development in Waterloo is taking a significant step forward with its recent determination approval.

Their development arm Fabcot <a href="https://www.urban.com.au/news/nsw/woolworths-venture-into-apartment-projects-starting-in-sydneys-waterloo">moved into the residential development sector</a> around three years ago, signalling their intent first in Waterloo, before revealing more projects in Neutral Bay and Rose Bay.

The planning proposal for their site at 923-935 Bourke Street, <a href="https://www.urban.com.au/developments/waterloo-nsw">Waterloo</a>, which garnered unanimous support from the Central <a href="https://www.urban.com.au/developments/sydney-nsw">Sydney</a> Planning Committee (CSPC) and the City of Sydney Council in late 2023, was officially gazetted in March 2024.

Concept plans have been put together by <a href="https://www.urban.com.au/architects/bates-smart" target="">Bates Smart</a> for the development, which will see apartments sit above a new Woolworths Metro, with some dedicated to affordable housing for key workers. At this stage, all images are concept plans.

<img alt="Woolworths Group receive determination approval for Waterloo mixed-use" data-entity-type="file" data-entity-uuid="e44d1932-f8e0-4395-adad-d65f1f6f6795" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/woolworths-waterloo-design-features.jpg?VersionId=E.VxfkxoBcjztrMcRxIO1gx2sEnmnYqG" />

Waterloo and its neighbouring suburbs have witnessed substantial population growth in recent years, with projections indicating an influx of approximately 40,000 new residents by 2036.

Despite this growth, the area remains underserved by full-line supermarkets, making Woolworths' mixed-use development a significant addition to address a 9000-sqm undersupply of supermarket floor space in the area.

Once completed, the development is expected to become a vibrant local hub offering not only a full-line Woolworths supermarket but a range of amenities, including 2000 sqm of commercial space, 1500 sqm of specialty retail, dining options, landscaped open areas, and 120 architecturally designed apartments.&nbsp;

A Design Excellence Competition was conducted to select the project's architect, with the winner to be announced in June 2024.

<img alt="Waterloo" data-entity-type="file" data-entity-uuid="35748dce-8d01-4020-b6bb-b665347a3a90" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-05-08%20at%2010.25.36%20am.png?VersionId=FxYZGw2Gh8YkjACuDTitcPt8Eklbydsv" />

The project also encompasses pedestrianised through-site links, retention of over 80 per cent of existing street trees and provision of 10 per cent affordable housing.

In addition to meeting the housing and retail needs of the community, the development will exceed BASIX requirements and support the City of Sydney’s Net Zero 2026 initiatives.&nbsp;

The strategic location of the mixed-use development, being a 10-minute walk to public transport including Green Square Train Station and Waterloo Metro Station, along with its proximity to parks, cafes, and other local attractions, makes it an increasingly desirable and accessible area to residents and visitors alike.

The development is expected to become a vibrant local hub offering a full-line Woolworths, 2000 sqm of commercial space, 1500 sqm of specialty retail, dining options and 120 apartments. 

Urban Editorial

Woolworths receive determination approval for mixed-use Waterloo development

Latent Defects Insurance (LDI), is changing the game for off the plan apartment buyers in Australia.

This insurance product provides off-the-plan apartment buyers with a 10-year warranty on their new apartment and the building it's situated in. The cover is purchased by the property developer/builder (pre-construction) and is designed to protect owners against any immediate or future problems with the structural components of their new property, from leaks to cracks and everything in between.

Some of Sydney’s biggest and most respected developers have embraced the new insurance. The likes of Deicorp, Kanebridge, <a href="https://www.urban.com.au/developers/abadeen-group">Abadeen</a>, Coronation Property and Urban Property Group have rolled out the insurance across some, if not all of the projects they’re currently undertaking.&nbsp;

Sydney-based Resilience Insurance, the first insurer to launch LDI in Australia, is now taking the product national, and is having conversations with developers in Melbourne, Brisbane, the Gold Coast and Perth.&nbsp;

<h2>How does Latent Defects Insurance work?</h2>

Resilience Insurance CEO Corey Nugent says the insurance, which has been around for about seven decades across the globe, benefits both the purchaser and the developer.

“Ultimately what we’re trying to do is build better buildings the consumers can have trust in, but more importantly improve the post completion and settlement process, so that when buyers take possession, they have full insurance protection, from day one, for 10 years” Nugent says.

“The insurance protects the buyer from any structural defects in the building, and developers who have taken Resilience LDI have reported an uptick in both sales volumes and sale values compared to competing developments that don’t have Resilience LDI.”

While giving confidence to the consumer at the end of the build, Resilience LDI is actually in place throughout the build process. Rather than it solely being used as a rectification product, the insurance kicks in to fix issues when they arise, rather than down the track following completion. Of course the insurance protects owners at that stage too, however the ideal scenario is any problems that come up during the building get fixed well before settlement.

Resilience has a string of expert partners who are onsite even before construction has started to ensure even the ground the development is being built on is structurally sound.

<h2>What does LDI mean for off the plan apartment buyers?</h2>

A survey undertaken by MatterFact, Urban.com.au’s data product, shows the biggest thing holding back prospective purchasers from buying an off the plan apartment is the trust and faith they have in the developer, followed closely by the concern the build won’t be of good quality. It was a common consensus on the survey conducted from state to state, where delivery was much more of an issue raised compared to budgets, approvals or price of the apartment.

“LDI is about to change the game in the off the plan apartment market,” Urban.com.au CEO Mike Bird says, adding that the insurance will be a huge boost to helping solve Australia’s housing crisis.

“With the large imbalance of supply and demand in Australia, there has to be a move to off the plan apartments, but to get there, consumers need to be more confident in delivery.

“Unfortunately the industry has been tarnished by a small number of developers who haven’t acted on behalf of the consumer in the last five years or so. Developers who have Resilience LDI are telling consumers that they’re in a partnership with them, and they will deliver the quality that they promised. If they don’t, then the insurance protects the purchaser, without all the trials and tribulations of litigations and long, drawn out court cases which often cost thousands of dollars as well as significant upheaval whether it be mental or physical.

<h2>How does Latent Defects Insurance impact the developer?</h2>

Data collected by MatterFact also showed 60 per cent of off the plan apartment seekers would pay over 1.5 per cent of the apartment price for it to have LDI cover, which typically outweighs how much it costs a developer to purchase Resilience LDI.&nbsp;

Nugent says there have been instances already where developers have reported prices with a four to five per cent increase due to them having LDI, compared to similar projects in the same area.

While there’s been a handful of progressive new tools to try and build confidence in the off the plan industry, such as the iCIRT-rating system and KMPG’s Building Trustworthy Indicator, no one has gone as far as Resilience LDI in terms of actual protection for an off the plan apartment buyer.

NSW Building Commissioner David Chandler recently lauded the introduction of LDI, suggesting it will improve the design and construction of apartment buildings in NSW.

“These reforms have come about due to the united commitment of government and industry to transform the NSW construction sector,” Chandler said.

“NSW is now in the position of being a national leader in offering an insurance product of this type for Class 2 buildings because of the three years of conscious effort and commitment by Government and industry to the journey we have been on under Construct NSW.

“We’re looking to clean up the market and bring an end to expensive litigation against developers who have deep pockets or subsequently vanish into thin air.”

To find out more about Resilience LDI, <a href="https://resilienceinsurance.com.au/">click here</a>.

Resilience Insurance CEO Corey Nugent says the insurance, which has been around for about seven decades across the globe, benefits both the purchaser and the developer

What is Latent Defects Insurance and is it bringing confidence to the off the plan apartment market?

Sydney's skyline is set to transform with the approval of new dual-tower development plans overlooking Hyde Park in the heart of the city.&nbsp;

The project, which is linked to Chinese developer Shimao Group Holdings, will comprise 259 apartments across two 28 and 30-level towers, set above commercial and street-level&nbsp;retail at <a href="https://www.urban.com.au/new-apartments/175-liverpool-street-sydney">175 Liverpool Street</a>.

&nbsp;

<img alt="Sicard Pty Ltd green lit for dual-tower apartment overlooking Hyde Park " data-entity-type="file" data-entity-uuid="0f690a00-e5c3-43b3-8af3-2c22fb918670" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Hyde%20Park%20Liverpool%20st.png?VersionId=EiLiXUnLjhXpspp0yp8rcqO.WXxvxJQr" />

The design, selected through a competitive process that highlighted <a href="https://www.urban.com.au/architects/bates-smart">Bates Smart</a> as the winning scheme, was praised for its thoughtful integration with the surrounding environment, including a respectful approach to the adjacent ANZAC War Memorial and Hyde Park.

"To respect the primacy of the Memorial we designed a ‘quiet’ building free from visual distractions and unnecessary formal manipulation, that would not distract from the visual prominence of the memorial," the statement read.

<img alt="Sicard Pty Ltd dual-tower apartment overlooking Hyde Park " data-entity-type="file" data-entity-uuid="faf55f44-9e38-4558-87a1-1a1604cf083f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Hyde%20Park%20podium.png?VersionId=dcw7NAN89zYwUHfXCxonWBVMeIxLSolf" />

The project's suitability for the site and its context, with careful consideration given to neighbouring developments, streetscape aesthetics, and the overall urban setting was one of the crucial aspects contributing to the approval of the proposal.

The mix of land uses, including residential, commercial, and retail, is also expected to invigorate the area's vitality without compromising environmental or amenity standards.&nbsp;

Moreover, amendments made to the initial proposal address community concerns, underscoring a commitment to responsible urban development.

This approval adds to the interest in development around Hyde Park, reflecting a broader trend of urban revitalisation in Sydney.&nbsp;

With projects like <a href="https://www.urban.com.au/new-apartments/111-castlereagh-111-castlereagh-street-sydney">111 Castlereagh Street</a>&nbsp;by <a href="https://www.urban.com.au/developers/cbus-property">Cbus</a>, the <a href="https://www.urban.com.au/new-apartments/city-tattersalls-club-194-204-pitt-street-sydney">City Tattersall Club</a> redevelopment by <a href="https://www.urban.com.au/developers/icd-property">ICD</a>,&nbsp;and Deicorp's <a href="https://www.urban.com.au/new-apartments/hyde-metropolitan-sydney-133-141-liverpool-street-sydney">Hyde Metropolitan</a> down the road, the approval of the dual tower highlights Sydney's ongoing commitment to balanced urban growth.

The approval adds to the interest in development around Hyde Park, reflecting a broader trend of urban revitalisation in Sydney. 

Two-tower apartment development greenlit on Sydney's Hyde Park

The billionaire Neilson family has revealed plans to revitalize an old commercial strip in the heart of Redfern.

The plans, which will transform a row of industrial-style commercial spaces across&nbsp;<a href="https://www.urban.com.au/new-apartments/2-30-vine-street-redfern-redfern">2-30 Vine Street and 32-34 Eveleigh Street</a>, have been filed by a company tied to Paris Neilson, the daughter of billionaire arts patron Judith Neilson and investment banker Kerr Neilson, and her husband Todd Barcombe

They're proposing a new mixed-use building on the three-lot amalgamation, creating a 2,406 sqm, L-shaped site.&nbsp;

&nbsp;

<img alt="Neilson" data-entity-type="file" data-entity-uuid="a30c862c-f79c-4a3e-b22d-203fbea50eeb" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-05-06%20at%2012.27.46%20pm.png?VersionId=X3wmIxL5VYekUUaozqOwqWIbSYMssYN9" />

The $30 million sketch plans have been submitted as a State Significant Development to the NSW Government, given the estimated cost exceeds the $10 million requirement to be categorised as State Significant Development under Schedule 2 of the Planning Systems SEPP.

Because the proposed&nbsp;building does not exceed more than six levels from ground level, it did not require a competitive design process. Koichi Takada Architects won a limited architectural competition for the site in November 2023.

<img alt="Takada" data-entity-type="file" data-entity-uuid="60f7a54d-d877-432f-839b-08afd60b42f8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-05-06%20at%2012.20.55%20pm.png?VersionId=9PILSqZK0dviFu1MKT67X7cGfQ7krtT2" />

Their plans envision a part three-level, part six-level building with&nbsp;retail, commercial, and residential spaces above basement parking. Proposed are&nbsp;a total of 20 commercial spaces and two street-level retail tenancies.

A through-site pedestrian link will be created at the heart of the development, connecting Vine Street to Hudson Street. Partially open communal spaces will be created fronting Eveleigh Street to the east.

There are 23 apartments planned, 12 one-beds, nine two-beds, and two three-bedroom units.

The site is around 500 metres from Judith Neilson's famous White Rabbit Gallery in Chippendale.

&nbsp;

There are 23 apartments planned, 12 one-beds, nine two-beds, and two three-bedroom units.​​​​​​

First look exclusive: Billionaire Neilson family to develop new Redfern mixed-use building

Danny Avidan's&nbsp;Dare Property Group has simultaneously topped out their Vaucluse and Point Piper apartment projects.

Their <a href="https://www.urban.com.au/developments/vaucluse-nsw">Vaucluse</a> project,&nbsp;<a href="https://www.urban.com.au/new-apartments/fontaine-vaucluse-63-new-south-head-road-vaucluse">Fontaine</a>, brings together the expertise of <a href="https://www.urban.com.au/architects/mhn-design-union">MHNDU</a>, <a href="https://www.urban.com.au/interior-designers/mim-design">Mim Design</a>, and <a href="https://www.urban.com.au/landscape-architect/paul-bangay-garden-design">Paul Bangay</a> for a boutique collection of six luxury apartments with panoramic views of Sydney Harbour.

[smartcode_project:default project_id=6126 project_image_fid=191994]

Meanwhile, <a href="https://www.urban.com.au/developers/dare-property-group">Dare's</a>&nbsp;<a href="https://www.urban.com.au/developments/point-piper-nsw">Point Piper</a> development,&nbsp;<a href="https://www.urban.com.au/new-apartments/piper-2a-wunulla-road-point-piper">Piper</a>, is developed jointly with renowned developer Fortis, offering a collection of 15 apartments ranging from one to four bedrooms across its four levels.

They have also collaborated with Miriam Fanning-led Mim Design for interiors and <a href="https://www.urban.com.au/landscape-architect/dangar-barin-smith">Dangar Barin Smith</a> for landscaping.

When speaking to CBRE's Ben Stewart nearly two years ago when the project hit 50 per cent sold, he said he was&nbsp;seeing buyer enquiry coming in from everywhere from the inner west and lower north shore, with locals from Vaucluse and Dover Heights also showing keen interest.

“It’s really evident how well the apartments match up to what downsizers are looking for, both in size and their finish," Stewart said.

There was even a sale to a soon-to-be downsizing owner-occupier from Point Piper's exclusive Wolseley Road, who were looking for something brand new.

"The apartments on offer&nbsp;a great size, anywhere from&nbsp;200 sqm to 250 sqm internal, while also still incorporating a few special features, such as some feature a swimming pool, or big gardens."

Piper and Fontaine are slated for completion later this year.

&nbsp;

[smartcode_project_cta:default project_id=6126]

Both Fontaine and Vaucluse are expected to complete later this year


Dare Property Group top out Vaucluse and Point Piper apartment developments

Luxury eastern suburbs apartment developer Clutch Capital has secured approval for its latest residential development.&nbsp;

Clutch, who has a string of projects across&nbsp;<a href="https://www.urban.com.au/developments/bellevue-hill-nsw" target="">Bellevue Hill</a>,&nbsp;<a href="https://www.urban.com.au/developments/bondi-junction-nsw" target="">Bondi Junction</a>&nbsp;and&nbsp;<a href="https://www.urban.com.au/new-apartments/rose-bay-nsw" target="">Rose Bay</a>, will develop just seven apartments on a large 1,470 sqm block at 440 Edgecliff Road.

<a href="https://www.urban.com.au/architects/pbd-architects" target="">PBD</a>&nbsp;has handled the architecture, aiming to blend the new&nbsp;six-storey building seamlessly with the surrounding context.

Four three-bedroom apartments and three penthouse-size apartments will be on offer, each extending onto generously sized balconies or terraces, positioned to flow from primary living spaces and take advantage of the site's northernly aspect.

A modulated facade will front Edgecliff Road,&nbsp;with a central void space at the lower ground floor and ground floor levels. Levels four to six will reduce the perceived external bulk and scale, with setbacks applied to the front, sides and rear of the building.

Tying in with the Edgecliff locale, an existing sandstone wall will be preserved on the site, with masonry cladding blade walls used as a unifying element to the upper and lower levels of the building.

<img alt="Luxury developer Clutch Capital lodge plans for Edgecliff apartments" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-12-09%20at%209.44.16%20am.png?VersionId=qrODsE5LYByQ1C64pX5OiHq.CAjMLOEh" />

Cross-flow ventilation has been maximised where possible, while overhang depths and recessed balconies will provide shade in the summer months and promote thermal heat gain during the winter months.&nbsp;

Energy efficient appliances and fixtures are provided with low maintenance, long lifecycle and reusable materials, with communal recycling and waste management facilities are provided for on-site rainwater detention and re-use.

A close collaboration with renowned landscape architect Myles Baldwin has resulted in a synthesis of building design and its natural surroundings, with the landscape design drawing upon the unique ecological character of Edgecliff. 
 
A communal open space will also be featured in the project, complete with a pool, lounge and outdoor seating, in addition to landscaped areas that have been created to promote social interaction and create a sense of community within the building.&nbsp;

The site is also located within close proximity to several convenient facilities including public transport, supermarkets, educational and leisure facilities as well as schools and healthcare.&nbsp;

Clutch is behind&nbsp;<a href="https://www.urban.com.au/developments/bellevue-hill-nsw" target="">Bellevue Hill</a>'s newest project MIRA, as well as NOVE, DUSK and OPUS in&nbsp;<a href="https://www.urban.com.au/new-apartments/rose-bay-nsw" target="">Rose Bay</a>, and BRONTE and PORTER in&nbsp;<a href="https://www.urban.com.au/developments/bondi-junction-nsw" target="">Bondi Junction</a>.

Clutch Capital secure approval for Edgecliff apartments

Top Spring Australia broke price records in April at their St Leonards South masterplan, The Newlands.

They amassed over $50 million in sales following the launch of their second stage of the <a href="https://www.urban.com.au/new-apartments/the-newlands-st-leonards-21-41-canberra-avenue-st-leonards">parkside project</a> which has been a hit with owner-occupiers due to its positioning as offering a 'wellness utopia.'

A one-bedroom apartment was sold in the latest release for $1.25 million, while a two-bedder exchanged for $1.93 million and a three-bedroom with city skyline views for $4.09 million.&nbsp;

[smartcode_project:default project_id=24509 project_image_fid=263841]

As part of a legacy of sustainability and wellbeing, the <a href="https://www.urban.com.au/architects/bates-smart">Bates Smart</a>-designed masterplan includes onsite electric vehicles and e-bikes available to residents, with curated green spaces and parks prioritising a connection to nature.&nbsp;

Residents will also share a wellness utopia including a resort-style pool, multiple parks and gyms, saunas, playgrounds, yoga area and rooftop entertainment areas with stunning views towards Sydney Harbour.&nbsp;

Other extras include refrigerated parcel lockers for grocery deliveries and a digital concierge service to connect services such as cleaners, personal trainers, and dog walkers.&nbsp;

[smartcode_project:default project_id=24509 project_image_fid=257585]

<a href="https://www.urban.com.au/developers/top-spring-australia">Top Spring Australia </a>Managing Director, Sydney Ma, said the embedded sustainability and wellness elements in The Newlands were proving just as important to buyers as its proximity to the harbour and the new Metro station opening later this year.&nbsp;

“We’re seeing a definite shift in lifestyle values, with connection to nature valued as highly as a connection to retail, dining and transport,” Ma said. &nbsp;

“The Newlands adjoins the century-old Newlands Park and is only a few minutes from the dining precincts of Crows Nest, providing us with an opportunity to prioritise its relationship with nature, fresh air, sunlight &nbsp;and community connection. &nbsp;

“At a time when new housing supply has never been so critical, we have gone one step further to ensure a &nbsp;legacy of sustainability and well-being setting higher standards of contemporary apartment living.”&nbsp;

[smartcode_project:default project_id=24509 project_image_fid=263849]

The 1.26ha, masterplanned community is under construction with 4.5-star iCIRT-rated builder <a href="https://www.urban.com.au/builders/dasco-australia">DASCO</a>, with the first apartments scheduled for completion in late 2025.&nbsp;

With Stage 1 already 80 per cent sold, the second apartment release at The Newlands has been fast-tracked by more than six months to meet demand and will deliver 112 one, two and three-bedroom residences across the seven-storey Saige and ten-storey Gaia buildings.&nbsp;

Development Director John Chagaris said <a href="https://www.urban.com.au/new-apartments/the-newlands-st-leonards-21-41-canberra-avenue-st-leonards">The Newlands</a> was a very different offering to the apartment towers on the northern fringe of <a href="https://www.urban.com.au/developments/st-leonards-nsw">St Leonards</a>, instead embracing its expansive parkland frontage and &nbsp;5,700 sqm green spine.&nbsp;

[smartcode_project:default project_id=24509 project_image_fid=257584]

“Buyers have been won over by the value and lifestyle, with protected city and harbour views across the lush canopy of parklands on three sides,” Chagaris said.&nbsp;

“The pre-release of our second stage achieved an extraordinary $50 million in sales in April alone.”&nbsp;

Director of Residential at Colliers, Daniel McMahon, said the latest sales numbers reflect the lack of housing supply not meeting the demand for new apartments on the North Shore.&nbsp;

“We’re seeing a significant number of enquiries seeking quality apartments close to transport and &nbsp;infrastructure.”&nbsp;

Prices at The Newlands start from $890,000 for a one-bedroom apartment, $1,495,000 for a two-bedroom, &nbsp;and $2.45 million for a three-bedroom apartment.

Apartments boast spacious layouts ranging from 50 sqm to 267 sqm and feature high ceilings and large outdoor balconies and terraces.

Natural stone finishes, sleek wall-hung vanities, and V-Zug Swiss-made appliances embody a luxurious yet understated aesthetic.

[smartcode_project_cta:default project_id=24509]

Sydney Ma said the embedded sustainability and wellness elements in The Newlands were proving just as important to buyers as its proximity to the harbour and the new Metro station opening later this year

The Newlands St Leonards secures record apartment sales for wellness focus

Sydney-based property finance and development company, Moshav Financial, has released the vision for its fourth luxury residential project in Sydney’s eastern suburbs.

Located in upmarket Vaucluse, <a href="https://www.urban.com.au/new-apartments/hillside-8-hillside-avenue-vaucluse">Hillside</a> will comprise just four residences designed by renowned architecture firm <a href="https://www.urban.com.au/architects/luigi-rosselli-architect">Luigi Rosselli Architects</a>.&nbsp;

There are two freestanding six-bedroom homes, Terreno, which is Italian for Earth, and Mare, translated to sea. Two semi-detached residences, Cielo (Sky) and Luce (Light) each have four-bedrooms and outdoor areas that celebrate the Harbour views.

Inspired by his childhood memories of holidays in Italy, Rosselli has designed the modern residences with feature columns recalling the Acropolis, and carefully crafted details such as handmade terracotta brise soleil that frame the views.

<img alt="Moshav" data-entity-type="file" data-entity-uuid="698c46ba-97d7-4583-985f-8c1b8a5645c8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-05-03%20at%2010.23.12%20am.png?VersionId=NsyTw1pXMpH4Q00_0GqZVcTSL33D9uEL" />

Tal Silberman, Group Managing Director of <a href="https://www.urban.com.au/developers/moshav-financial">Moshav Financial</a>, said Hillside will feature the exemplary design and craftmanship that is a hallmark of the company’s elite Eastern Suburbs projects.

“These residences needed to be designed to reflect and showcase their exceptional location, and so we wanted a design that not only elevated the area, but truly maximised every potential view of Sydney Harbour,” Silberman said.

“Our goal is to create an address of enduring stature, with residences hat are architecturally significant, and which stand as trophy homes for generations to come.

“It’s not often you have the opportunity to develop a project of this magnitude, so we have also collaborated with partners that we know will deliver these residences to the standard this project deserves.”

<img alt="Moshav" data-entity-type="file" data-entity-uuid="bd601deb-5e1b-41e2-8ca7-54598745a0f6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-05-03%20at%2010.22.37%20am.png?VersionId=XE0P15lUYiiJbljUNX0yeaKwJuddvwZr" />

Moshav Financial has appointed Lords Group as the project’s builder partner, after the two companies worked closely on AYA Penthouse Bondi Beach and Verdical Bondi Junction.

Interior designer Tania Handelsmann, from award-winning firm Handelsmann + Khaw, has been selected to deliver interiors that marry the contemporary with the timeless.&nbsp;Handelsmann was named as one of Vogue Living’s Top 50 Designers in both 2023 and 2024.&nbsp;

“Every element at Hillside has been specified to the highest standards, with unique and meticulously crafted features including sculptural marble benchtops and luxurious bespoke joinery," Handelsmann said.

“We’ve sought to bring the project vision into every detail of the interior design, to create a polished yet accessible brand of heritage-informed elegance, with cleverly curated furnishings, surfaces and details adding further depth, charm and classic romanticism.”

Eddie Mansour, <a href="https://www.urban.com.au/project-marketer/ray-white-projects">Ray White Projects</a> Managing Partner who is handling the sales of Hillside, says it&nbsp;offers a rare chance for discerning purchasers to secure an elite home in one of the city’s most prestigious suburbs, located in a private pocket that overlooks the glittering city.

“Everything about Hillside is unrivalled, and this project will be ideal for those who seek the comforts of a resort lifestyle at home, and who appreciate the finer details of these residences both inside and out,” Mansour said.

“With a highly desirable Eastern Suburbs lifestyle literally on their doorstep, featuring Sydney’s world-renowned beaches, dining and entertainment options, luxury shopping, and all the lifestyle touches you find in the east, Hillside’s lucky future homeowners will enjoy an incomparable existence.

“We anticipate we’ll receive plenty of interest from the cream of Sydney’s high net worth crowd, because Hillside is going to set a stunning benchmark for luxury living, not only in Sydney, but also internationally, as it gets set to make its mark in real estate history.”

Tal Silberman, Group Managing Director of Moshav Financial, said Hillside will feature the exemplary design and craftmanship that is a hallmark of the company’s elite Eastern Suburbs projects

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