Developments

James Street has been given a strong endorsement by retail leader David Jones, after plans were submitted to feature the country’s second boutique-format high end store, just months after the retail giant opened the first boutique-format store in Sydney’s Barangaroo in the CBD late last year.

Investment group Aquis Australia has unveiled plans for a new $440 million hotel on a prime beachfront position in Surfers Paradise that will become a benchmark for luxury accommodation in the Asia Pacific region and attract a new generation of well-heeled travellers to the Gold Coast.

Citro West End, a development located in Brisbane’s West End, is set to deliver an urban oasis on the doorstep of the Brisbane River on the back of strong sales.

Élevé Residences, set within Palm Meadows’ exclusive golfing enclave at Carrara on the Gold Coast is under construction. Condev Construction is building the 63-apartment project that features 1, 2 and 3 bedroom residences which are due for completion in November 2017.

With all 66 of its apartments now settled, Greater Springfield’s first apartment tower, Park Avenue is outperforming Brisbane counterparts and affirming the economic viability of Australia’s fastest emerging new city.

The multi-billion dollar Integrated Resort Development will include a world-class casino, three branded five and six star hotels, signature restaurants, theatres, shows and entertainment, luxury and boutique retail precincts, serviced residences and meeting and conference facilities.

A masterplanned residential mixed use precinct seven years in the making has been lodged for Yeerongpilly in Brisbane’s south, with plans for nearly 200 units on over 100,000 sqm of historic land si

One of the creators of Fortitude Valley’s James Street precinct is creating another foodie paradise – this time in Brisbane’s Gasworks precinct.

AVJennings plans to deliver over 200 townhomes across Queensland over the next financial year, as market demand for low maintenance, affordable housing continues to climb.

CBRE has appointed leading property professional Shaun Nelson as its new National Sustainability Manager. 

Brisbane’s Newstead Series developer JGL Properties has submitted a development application at 11 Thornton Street Kangaroo Point which the company says “will not unreasonably impact on the residential amenity of its adjoining buildings at 2 Scott Street or 301 Main Street”.

Broadbeach’s $1.5 billion pipeline of redevelopment has beckoned Reed Property Group to launch ‘Astoria’ on Broadbeach, its first project outside of the Sunshine Coast in nearly 30 years.

The first stage of the landmark new Gateway Sydney dining precinct on Alfred Street Circular Quay has been revealed, opening its doors to the 31,000 workers from surrounding offices and providing a vibrant dining destination to Sydney’s 9.2 million annual visitors.

This large scale project of more than 500+ units appealed to experienced developers who can design a flagship mixed-use development that will leverage the potential within Canberra's CBD. 

More than 190 hectares in Dongara has been listed for sale, unlocking an opportunity to undertake a landmark master planned community in a premier regional location earmarked for major growth. 

New residential community in Tweed Heads South popular with the locals due to shortage of homesites in the region.

The former Royal Terranora Resort in the Tweed Valley has changed hands for $7 million and is set for major refurbishment and expansion. The former timeshare resort has been acquired by Eureka Group Holdings from a joint marketing campaign conducted by James Branch and Mark Witheriff of Knight Frank, and Greg Harris and Roland Evans of Canford Property Group.

The inspirational new Melbourne office tower, 567 Collins Street has been officially opened at an evening launch event hosted by Investa Office.

The former Fairfield Fire Station, located at 3 William St, Fairfield, has come on the market and is expected to draw strong attention from developers. 

Viadux, a leading national manufacturer and supplier of water and environmental solutions, has committed to a 3,168sqm brand new facility in Enterprise Industrial Park in Molendinar, in one of the most significant leases on the Gold Coast in recent years.

One of Melbourne’s last remaining permitted development sites is set to hit the market in a highly sought after opportunity in a prime location.

A dual development site in Southbank has sold to major hotel developer, paving the way for a landmark project in one of Melbourne’s most revered areas.

A locally based Chinese buyer has snapped up a landmark Brunswick development site for circa $30 million following a highly competitive international Expressions of Interest campaign.

DBRB Investments Pty Ltd has snapped up a prominent eastern suburbs corner site in Maylands for $3.5 million.

A local developer has paid $5.04 million to outbid a number of off-shore groups and take control of a potential development site with Hoddle Street frontage in a deal brokered by Savills Nick Peden andJesse Radisich.

A collection of high profile commercial sites at the edge of the Melbourne CBD are being offered to the market in a move that marks the sale of one of the city’s largest development and investment opportunities for 2015.

Sekisui House today reached a major milestone at Ripley Valley, turning the first sod on Stage 1 of the $1.5billion Ripley Town Centre.

Premium brands are clamouring to join the exclusive new St Collins Lane project taking shape at the heart of the Melbourne CBD.

Joint owners Mirvac Group (”Mirvac”) [ASX: MGR] and AMP Capital held a topping off ceremony to celebrate the completion of the main structural works for their landmark Sydney office building, 200 George Street in Sydney’s CBD.

The continued emergence of institutional developers in the Brisbane industrial market is creating increased competition to secure occupier commitments and benefiting both tenants and developers alike.

In a first for the Parramatta CBD, an existing office building will be converted to apartments after being sold for $24 million.

Construction of the $150 million Brisbane Airport Hotels and Conference Centre has commenced.

South Sydney is growing a significant precinct for ‘foodies’, with numerous high-end cafes, restaurants and food outlets already in place and with more to come.

Melbourne based private investor has purchased Bay Central Shopping Centre in Hervey Bay for $17.5 million.

Altis Property Partners have spent $16.2 million acquiring a 50,000sqm site on South Pine Road in Brendale, with plans to develop a home and trade retail precinct worth $50 million.

A prominent Adelaide office building once home to the former Hotel Angas is set to hit the market as an investment opportunity with immediate development potential.

Walker Corporation has sold a 2,620sqm parcel of land at its 30 hectare commercial estate, North Point Business Park in Brisbane, for $655,000 to local developer Donnelly Partners. 

A transport consortium has listed for sale a landmark island site in Melbourne’s booming inner west with a scheme in place for a $200 million-plus mixed use development.

Firestar Developments has purchased Boonooroo Park Shopping Centre in Carrara for $3.85 million with plans to build a service station onsite that 7-Eleven is set to occupy on a 15 year lease. 

Major UK student accommodation developer, Scape, has paid $35 million at a record CBD land rate of $37,154 a square metre for a major CBD development site following an Expressions of Interest campaign managed by Savills Australia Directors, Nick Peden and Clinton Baxter. 

An offshore developer has acquired a Newport site with extensive residential development potential for in excess of $6 million.

Brisbane Airport Corporation (BAC) is seeking Expressions of Interest for a Joint Venture Partner to help realise its new vision for Airport Central – an all-encompassing automotive precinct with dealerships, servicing, offices and associated retail all in the one convenient location.

A growing number of residential vendors in Melbourne are banding together to put their properties to market conjunctionally as they look to capitalise on strong appetite for development sites.

A Chinese residential developer has paid $2.8 million for an inner city development opportunity in Adelaide in a deal brokered by Savills Hotels Australia on behalf of Sea Care Pty Ltd.

Brisbane based developers Capital Transactions & Alceon, having received strong early market interest for their major 27,000 sqm, sub-regional shopping centre development at Redbank Plains, have exclusively appointed  JLL’s Simon Rooney & Sam Hatcher to conduct an off market sale process closing mid-July, with sale expectations in excess of $145m.

Major infrastructure and property development projects will create significant demand in the Perth hotel sector - benefiting existing hotels and new projects - according to a new market review from CBRE.

The Zenith at Chatswood has been listed for sale. CBRE and Savills have been appointed to market a 100% interest in the landmark twin tower complex on behalf of the co-owners, DEXUS Property Group and GPT Wholesale Office Fund.

The Sydney CBD landscape continues to entice developers and investors as a rare island site offering potential for residential development hits the market.

A high profile development site on Brunswick’s Sydney Road is being offered for sale in a move tipped to further ignite Melbourne’s inner north property market.

North Sydney’s food precinct is taking shape with the announcement of a new restaurant, café and grab-and-go at the $413 million development at 177 Pacific Highway currently being undertaken by CIMIC through Leighton Properties.

A new era is dawning for Fremantle’s High Street Mall retail precinct as a trio of one-time landlord adversaries team up with the City of Fremantle to revive one of Freo’s key shopping strips.

DEXUS Property Group (DEXUS) has been awarded for its Quarry at Greystanes development at the 2015 Property Council of Australia Rider Levitt Bucknell Innovation & Excellence Awards. 

A new development located only three kilometres from the Adelaide CBD in the sought after eastern suburb of Stepney has been listed for sale.

Foreign interest in Melbourne’s commercial property market continues unabated, with a buyer from mainland China acquiring a Greensborough site for $3.1 million.

Colliers International’s Ted Dwyer and Jeremy Gruzewski have been appointed to sell 64-66 Orrong Road in Elsternwick. The site is expected to attract interest circa $3 million when it goes to auction on May 29.

A local buyer has acquired an Abbotsford site with significant development potential for $13.001million.

Melbourne’s inner north, particularly around Clifton Hill, has seen string of properties changing hands in recent months as the area becomes a hive of activity for developers.

CBRE has been appointed to sell a rare city fringe re-development site in one of Sydney’s most desirable suburbs, Surry Hills.

Savills has been appointed to sell a new Kmart store at Oxenford in the Gold Coast’s northern growth corridor. 

The Melbourne property market is abuzz with news that a prime residential development site in the CBD has doubled in value in just two years after securing a planning permit for more than 1,000 apartments.

Walker Corporation has committed $600 million to revitalise the centre of Adelaide, with the development of a brand new Festival Plaza, featuring a combination of dynamic entertainment and commercial amenities for both locals and tourists.

A Brunswick infill development site has been listed for sale for the first time in 45 years, unlocking an opportunity to undertake a landmark residential project in one of Melbourne’s most sought after areas.

CBRE has been appointed to sell a property of significant development potential in Blackburn on behalf of Lexus of Blackburn.

Leighton Holdings (through its company Leighton Properties) and Charter Hall have officially commenced construction on One Parramatta Square (1PSQ), the $220.5 million commercial development in Sydney’s west.

South Sydney owner-occupiers are taking advantage of market conditions, selling at attractive prices and relocating further south or south west. 

The lack of available residential sites and current soaring construction prices and land values across Sydney have forced developers to think outside the box in their search for residential projects.

Walker Corporation’s $1 billion Citiswich Business Park, 25 minutes west of Brisbane, has posted a strong start to 2015 with the sale of a 1.5 hectare site for the development of a new retail hub at the fast growing industrial park.

Subiaco continues to be a sought after investment hotspot, with six commercial lots at the recently completed North One development transacting prior to completion.

Local civil contractor Daracon has been awarded the contract to construct the intersection and earthworks in preparation of the playground and retention basin area at Wallis Creek, the Walker Corporation Masterplanned Community. 

DEXUS Wholesale Property Fund (DWPF or the Fund) have announced the opening of Stage One of its Drive Industrial Estate, Richlands development in Queensland. 

The Synergy building at 228 Adelaide Terrace presents an exceptional opportunity for an astute investor or developer to secure a quality office building with solid income while planning to further develop the site.

A prime development site on Hay Street in the heart of the city has been brought to market through Colliers International, with the property’s prime positioning tipped to generate strong buyer interest.

Brisbane based developer and investor has purchased a vacant office and warehouse in Milton for $1.5 million plus GST with initial plans to fitout the building into their new office. 

The revitalisation of a prime Brisbane city riverside eyesore has moved a step closer to fruition with the announcement of the successful tender for the Howard Smith Wharves Revitalisation project.

A new era is dawning for Melbourne’s Caribbean Park as the first two of more than 40 proposed office buildings take shape.

Hanson’s significant 1.3 hectare site in South Brisbane is on the market and may be developed into the next substantial residential led mixed use project given its prime inner city location and over 110 metres frontage to the Brisbane River.

‘The Valley Heart Portfolio’, a 9,340sq m landmark site in Brisbane’s Chinatown Mall is on the market. 

Two waterfront development sites in Canberra’s Yarralumla Bay have sold today for a combined $1.78 million to the neighbouring Canberra Girls Grammar School.

The Minister for Economic Development Queensland (MEDQ), through Economic Development Queensland (EDQ), and in conjunction with JLL, has announced that the Civic Park development site at Northshore Hamilton is for sale via an Expressions of Interest campaign. 

One of Australia’s most awarded resorts, Daydream Island, is for sale through an International Expressions of Interest campaign. 

Cambridge Office Park, located in Sydney’s growing urban centre of Epping, is today announced to the market for sale. 

A 10,000sqm parcel of land located within one of Melbourne’s most significant master planned communities, Williams Landing, has been listed for sale.  

The Queensland State Government has appointed Savills to market 168 and 200 Turbot Street, Brisbane.  

Two Australian developers have listed 83 Scarborough St for sale, a high profile site in a bustling location adjacent to the Australia Fair shopping centre.

One of Australia’s largest property developers, Walker Corporation, has been selected as preferred development partner with the Queensland Government and Redland City Council for the transformation of prime Moreton Bay waterfront land.

A substantial development site in Devon Park has been listed for sale, unlocking an opportunity to undertake a landmark residential project in Adelaide’s inner northern suburbs.

A key commercial development site with exposure to Days Road in Upper Coomera has been placed on the market.  The 2.64ha vacant property is positioned along Days Road and sits next to the Woolworths anchored Coomera City Shopping Center and provides over 300 metres of main road frontage.

Designed by award winning architecture firm Bates Smart, 177 Pacific Highway will be North Sydney’s first new commercial building in 6 years.  

A Chinese investor has capitalised on the development potential of a prominent sports club in Moonee Ponds, purchasing the three-storey Junction Club for $10.7 million.

Australia’s largest hotel operator, Accor, will add to its rapidly expanding economy portfolio following the signing of a management agreement with Middle East hotel owner and developer, Action Hotels plc (Action), who today confirmed that they will develop what will be the largest ibis hotel in Australasia in a prime commercial location in central Brisbane.