Approaching completion of their luxury Broadbeach tower, Faro, builder-developer 5Point Projects is doubling down—not just in the same suburb, but on the same street.

5Point has lodged plans for a new high-rise at <a href="https://www.urban.com.au/new-apartments/108obr-108-old-burleigh-road-broadbeach-qld-4218">108 Old Burleigh Road</a> in Broadbeach, just a few hundred metres from Faro, which is being developed in partnership with Bottega Group.

The proposed development, referred to as 108OBR in planning documents, will comprise 37 luxury apartments within a 26-level tower designed by Cottee Parker. It will replace the existing two-level River Dell walk-up apartments on the 827 sqm site.<img alt="108 OBR" data-entity-type="file" data-entity-uuid="1150936d-5652-457f-84b8-eb4ec84b344d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-06-30%20at%201.38.26%E2%80%AFPM.png?VersionId=uKly9ejIupaF_9TjAtzIhOKfp9YfhDeS" />

There will be a maximum of two units per floor from levels two to 19.

Resident amenities—including a swimming pool, spa, sauna, steam room, BBQ area, private dining room, lounge, and work-from-home facilities—will span levels 20 and 21, situated below four whole-floor, four-bedroom apartments. The penthouse will occupy two levels and feature a private gym, golf simulator, rooftop pool, sauna, steam room, and outdoor barbecue kitchen.

The Town Planning Report by UPS stated: 
"Overall, the proposed development presents a unique and innovative urban rejuvenation of the subject site, further ensured through the high-quality architectural design that affords a comfortable, luxury living environment located within the central location of Broadbeach, and warrants the Council’s support and approval, subject to reasonable and relevant conditions."

<img alt="108OBR" data-entity-type="file" data-entity-uuid="abc4a5d1-2fbb-4bd5-a82f-7e9fe5f211b3" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-06-30%20at%201.38.31%E2%80%AFPM.png?VersionId=B8mDNRKCH120TMrM53WpZrEhiEQGXOkZ" />

108OBR expands 5Point's growing Gold Coast portfolio. As well as Faro Broadbeach, they have two developments underway on the Palm Beach beachfront, with over $160 million of apartments contracted across <a href="https://www.urban.com.au/new-apartments/palm-shores-palm-beach-171-173-jefferson-lane-palm-beach-qld-4221">Palm Shores</a> and <a href="https://www.urban.com.au/new-apartments/ophira-105-107-jefferson-lane-palm-beach">Ophira</a>.

The new Broadbeach project adds to the transformation of Old Burleigh Road. Developer Polycell is building <a href="https://www.urban.com.au/new-apartments/the-rochester-broadbeach-143-surf-parade-broadbeach">The Rochester</a> nearby, and has plans for two more projects on the indemand strip, while Graya recently launched <a href="https://www.urban.com.au/new-apartments/enclave-by-graya-118-old-burleigh-road-broadbeach">Enclave by Graya</a>.

Joel Robinson

First look: 5Point doubles down on Old Burleigh Road, Broadbeach

The Main Beach beachfront is set for another new luxury apartment tower.

Computershare billionaire Chris Morris is teaming up with luxury car dealer Greg Eastment, the latter of whom is behind Amani Main Beach just down the road, to deliver <a href="https://www.urban.com.au/new-apartments/amali-main-beach-3535-3537-main-beach-parade-main-beach-qld-4217">Amali Main Beach</a>, just 18 apartments on the dress circle Main Beach Parade.

High-end developer <a href="https://www.urban.com.au/developers/core-property-partners">Core Property Partners</a>, who has projects in the Gold Coast and Brisbane and were also a part of the Amani development team, are also involved in Amali.

Bayden Goddard has been called on again to handle the designs of the luxury building on an 810 sqm site at 3535-3537 Main Beach Parade, next door to the nine-level Sea building.

<img alt="Main Beach" data-entity-type="file" data-entity-uuid="d64eeaff-7715-435c-af92-af378dc93cf5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-06-30%20at%2010.23.08%E2%80%AFAM.png?VersionId=pnrrqkA99D0ZUFEx1kUkZHJK9hASJEUw" />

Proposed is a 23-level tower with:

<ul data-end="1731" data-start="1438">
	<li data-end="1479" data-start="1438">
	16 full-floor, three-bedroom residences
	</li>
	<li data-end="1530" data-start="1480">
	2 double-storey skyhomes with five bedrooms each
	</li>
	<li data-end="1636" data-start="1531">
	327 sqm of communal recreation space on Level 1, including a beachfront pool, gym, sauna and steam room
	</li>
	<li data-end="1731" data-start="1637">
	A rooftop retreat exclusive to the two penthouses, boasting private pools and wellness zones
	</li>
</ul>

Each floorplate, at 376 sqm, delivers spacious, open-plan living — a hallmark of BGD Architecture’s approach to beachfront luxury. The entire tower is oriented to maximise views across the Pacific Ocean, while a feature porte-cochère entry and vertical landscaping lend resort-style elegance from the street level.

The Town Planning Report by UPS said the outcome is a "product of exemplary design quality, that will contribute positively to the advancement of the City’s iconic skyline and enhancement of visual aesthetic and vibrancy of the local streetscape along Main Beach Parade."

"Overall, the proposed development presents a unique and innovative urban rejuvenation of the subject site, further ensured through the high-quality architectural design that affords a comfortable, luxury living environment located within the central location of Main Beach, and warrants the Council’s support and approval, subject to reasonable and relevant conditions."

The development trio are soon to welcome buyers to <a href="https://www.urban.com.au/new-apartments/amani-3519-main-beach-parade-main-beach">Amani Main Beach</a>, a similar style tower with just 15 luxury apartments.

Amali Main Beach follows on from Amani Main Beach, down the road on Main Beach Parade

Billionaire plots Amali Main Beach apartment tower

Marking another milestone for the $1 billion world-class residential golfing community in the heart of Hunter Valley wine country, Capital Corporation has lodged plans for the Golf Course Clubhouse that is set to become a vibrant hub for Lovedale Farm golfers, guests, and the wider Hunter Valley community.

The DA lodgement follows the success of Lovedale Farm’s first stage release of Designer Homes, with over 70 per cent sold, a combined value of $55 million.

Purchasers so far include a mix of local upgraders, Sydney-based buyers, and golf enthusiasts from Newcastle and the Central Coast.

The 1,200 square metre Clubhouse is designed to match the elevated 18-hole championship golf experience at Lovedale Farm and will include a range of facilities tailored to both golf enthusiasts and lifestyle-focused residents.

[smartcode_project:default project_id=14476 project_image_fid=334207]

Features include a reception lounge, pro-shop, change rooms and lockers, a signature restaurant and bar, an exclusive members’ lounge, and event spaces for weddings, meetings and conferences.

Jim Hunter, Director of Capital Corporation, said the&nbsp;Clubhouse is a cornerstone of our golf course with modern golfing amenities and an exceptional hospitality offering for players and residents.

"The building is designed to complement the natural beauty of the surrounding landscape while offering a premium experience to members and their guests,” Hunter says.

“Lovedale Farm’s residential and tourism precincts have been purposefully designed around the golf course – not the other way around. A clear reflection of our commitment to establishing Australia’s leading lifestyle and golfing destination.”

[smartcode_project:default project_id=14476 project_image_fid=334205]

Membership of Lovedale Farm Golf Club will provide preferred tee times, access to the members’ lounge, and exclusive discounts on cart hire, food and beverage, and services. Residents of Lovedale Farm will receive additional benefits including waived joining fees and reduced green fees as part of their ownership privileges.

The Lovedale Farm masterplan, developed by award-winning architects Hachem, brings together a considered vision for leisure and community living in Hunter Valley wine country. The Clubhouse sits within the broader vision that includes the championship golf course, a premium resort, a vibrant dining precinct and high-end residential offering.

Capital Corporation has also announced the first release of land, priced from $995,000.

[smartcode_project:default project_id=14476 project_image_fid=334206]

This first Lifestyle Land release offers generous blocks ranging from 1,100m² to 3,000m², giving buyers the opportunity to custom-build a home in one of the Hunter Valley’s most sought-after addresses.

“The Lifestyle Land release has been designed to maximise views to the surrounding remnant woodlands,” added Jim Hunter. “These lots offer the perfect mix of luxury and connection to nature.”

Lovedale Farm is expected to deliver approximately 1,250 jobs during construction and inject over $300 million into the local economy. Once complete, the 240-hectare, precinct on Wine Country Drive is projected to contribute $100 million per annum to the Hunter Valley region, further enhancing its reputation as a key tourism and lifestyle destination.

The Lovedale Farm display suite at Hunter Valley Gardens is now open, offering a glimpse into the exceptional lifestyle that awaits future residents and visitors, an experience that’s truly redefining rural luxury.

Lovedale Farm’s first on site display home is scheduled for completion in October 2025. Capital Corporation, renowned for delivering both large scale urban regeneration and greenfield projects was founded over three decades ago. Capital Corporation has delivered close to 2,000 dwellings across Sydney in recent projects at Norwest, Woolooware Bay and Bondi Junction.

[smartcode_project_cta:default project_id=14476]

The Lovedale Farm masterplan, developed by award-winning architects Hachem, brings together a considered vision for leisure and community living in Hunter Valley wine country

Capital Corporation unveils clubhouse at Lovedale Farm’s championship golf course in the Hunter Valley

The NSW Department of Planning, Housing and Infrastructure has granted concept approval for the Transport Oriented Development (TOD) above the future Parramatta Metro Station, marking a major milestone in the Sydney Metro West program and broader Parramatta CBD transformation.

Led by Sydney Metro, the approved concept outlines four new mixed-use building envelopes above and adjacent to the station site, on a 25,498 sqm land parcel bounded by George, Church, Smith, and Macquarie Streets.

The development allows for up to 176,360 sqm of GFA—primarily for commercial and retail uses. Indicative plans flag around 111 apartments in one of the towers, a mix of one-, two- and three-bedroom dwellings.

The capital investment value (CIV) of $1.4 billion is expected to deliver 1,410 construction jobs and support over 9,750 full-time roles post-completion. The approved scheme also includes up to 451 basement parking spaces, supporting a high-traffic location with multimodal transport links.

The concept plan was assessed under the Environmental Planning and Assessment Act 1979 as a State Significant Development. It aligns with broader NSW Government strategies, including the Greater Sydney Region Plan, Central City District Plan, and Future Transport Strategy 2056.

Key urban integration strategies, such as Civic Link extension, active street interfaces, and design excellence review by the Sydney Metro Design Review Panel, formed core parts of the proposal evaluation.

<img alt="Parramatta Metro - Over Station Development" data-entity-type="file" data-entity-uuid="e2792cce-a5f1-4322-a49d-2e331c46f05b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Parramatta%20Development.png?VersionId=J2sywD_k6t6tzx0bMvaMJ.Y4z5ni65tz" />

<h2>Public Interest and Key Benefits</h2>

According to the Department’s assessment, “the project is in the public interest,” with strong alignment to Parramatta's role as Sydney’s Central River City. The Department cited the following reasons for approval:

<ul>
	<li>The project would provide a range of benefits for the region and the State as a whole, including additional employment space and residential accommodation in a highly accessible location.</li>
	<li>The project is permissible with development consent, and is consistent with NSW Government policies including the Greater Sydney Region Plan, Central City District Plan, Future Transport Strategy 2056 and the Parramatta Local Strategic Planning Statement.</li>
	<li>The impacts on the community and the environment can be appropriately minimised, managed or offset to an acceptable level, in accordance with applicable NSW Government policies and standards.</li>
	<li>The issues raised by the community during consultation and in submissions have been considered and adequately addressed through changes to the project and the conditions of consent. Engagement on the project is considered to be in line with Undertaking Engagement Guidelines for State Significant Projects, including the community participation objectives outlined in these guidelines.</li>
</ul>

<h2>&nbsp;</h2>

<h2>New apartment developments in Parramatta</h2>

New apartment developments in Parramatta have been few and far between in recent years.

Builder-developer Deicorp is currently delivering <a href="https://www.urban.com.au/new-apartments/cosmopolitan-by-deicorp-parramatta-34-hassall-street-parramatta-nsw-2150">Cosmopolitan by Deicorp</a>, the burgeoning developer's first in the area.

[smartcode_project:default project_id=138590 project_image_fid=324867]

The transport-focused developer, known for creating well-connected communities, secured a prime site at the eastern end of&nbsp;<a href="https://www.urban.com.au/news/parramatta-suburb-guide-highlighting-new-developments-in-sydneys-second-cbd" target="">Parramatta CBD</a>&nbsp;on Hassall Street. It's conveniently located next to the Robin Thomas Light Rail stop and just a short walk to&nbsp;<a href="https://www.urban.com.au/developments/parramatta-nsw-2150" target="">Parramatta</a>&nbsp;Train Station.

Thanks to the prized corner block, with no buildings to the north or east, residents at&nbsp;<a href="https://www.urban.com.au/new-apartments/cosmopolitan-by-deicorp-parramatta-34-hassall-street-parramatta-nsw-2150">Cosmopolitan by Deicorp</a>&nbsp;will enjoy protected views over the adjacent Robin Thomas Reserve and James Ruse Reserve—views that are rare in the growing CBD.

The development's location also offers easy access to nature, being less than 200 metres from the&nbsp;<a href="https://www.urban.com.au/developments/parramatta-nsw-2150" target="">Parramatta</a>&nbsp;River and Queen's Wharf Park.

[smartcode_project:default project_id=138590 project_image_fid=2210]

The two 45-level towers, which will home just over 600 apartments when completed in late 2027, have been designed by&nbsp;<a href="https://www.urban.com.au/developments/turner-act-2612" target="">Turner</a>&nbsp;Studio to hero the park views as much as possible, as well as views over the river and the&nbsp;<a href="https://www.urban.com.au/developments/parramatta-nsw-2150" target="">Parramatta</a>&nbsp;skyline to the west.

According to the Department’s assessment, “the project is in the public interest,” with strong alignment to Parramatta's role as Sydney’s Central River City

Parramatta Metro TOD approved, apartments planned as part of scheme

Brisbane-based developer Carbone Developments has revised its plans for&nbsp;<a href="https://www.urban.com.au/new-apartments/amado-windsor-38-grantson-street-windsor-qld-4030">Amado</a>, its upcoming apartment project in Windsor.

After taking on market feedback, the family-run developer—led by brothers Tony and Don Carbone—returned to the drawing board, reshaping the apartment mix to better suit first home buyers. The updated plans now include exclusively one- and two-bedroom apartments, addressing a relatively underserved segment in Brisbane’s low-rise apartment market.

Several of the one-bedroom layouts have been cleverly designed to incorporate a multipurpose room, ideal for residents working from home or seeking a second living area.

[smartcode_project:default project_id=139074 project_image_fid=730]

Amado will rise six storeys on Granston Street, just off Lutwyche Road. The location offers strong lifestyle appeal, with easy access to local parks, cafes, and Windsor Station.

The project also stands to benefit from anticipated property value growth leading up to the Brisbane 2032 Summer Olympics. The neighbouring Victoria Park precinct is set to be transformed with the construction of a new 63,000-seat stadium, adding further long-term appeal for buyers and investors.

<a href="https://www.urban.com.au/developers/carbone-developments">Carbone</a>&nbsp;secured the unique triple site in late 2021. It is occupied by a pre-1911, heritage-listed home which will be restored and form part of the development.

Amado has been designed by Brisbane locals<a href="https://www.urban.com.au/architects/red-door-architecture"> Red Door Architecture</a>, who drew inspiration from the suburb's creeks and landscapes, as well as the surrounding vernacular houses.

[smartcode_project:default project_id=139074 project_image_fid=287533]

Crowning the low-rise building will be a communal rooftop with an outdoor kitchen and dining area, plus a lounge area for relaxation, all surrounded by palm springs-inspired greenery and with panoramic views of Brisbane City.

Sustainability remains a key focus in Amado’s design, with allowances for solar panels on the northern portion of the roof. The building will facilitate natural ventilation through operable windows and large sliding balcony doors, which also provide a seamless transition between indoor and outdoor living.

[smartcode_project:default project_id=139074 project_image_fid=731]

The Carbone family has been developing new apartments across inner-city Brisbane for the best part of two decades. They have been prolific in the new apartment space in Windsor, with Amado marking their fifth installment in the leafy inner northern suburb.

Carbone manages construction in-house. They have already demolished the buildings on-site, excluding the heritage-listed home, and are ready to commence construction. They are expecting buyers to move in early to mid-2027.

[smartcode_project_cta:default project_id=139074]

Cranbourne, Victoria mortgagee unit sold for $321,000

Staff reporter

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