Luxury Melbourne developer Soliana™ has paid $5.85 million for a premium South Yarra site with approved plans for a luxury apartment development.

There had been plans for six large-scale apartments at 39 Darling Street, near the Yarra River and just off Domain Road. Dubbed Riviera, the five-level development had been designed by Selwyn Blackstone and had been marketed before Soliana bought the site.

Its elevated position offers views over South Yarra, with proximity to&nbsp;the Royal Botanic Gardens, Fawkner Park, and Chapel Street.

The site currently houses a three-level apartment complex with 10 studio apartments. It was sold by a local syndicate through an expressions of interest campaign.

The deal reflects a land rate of $8,705 per square metre and a unit rate of $975,000, underscoring the strength of Melbourne’s premium residential market.

<img alt="South Yarra" data-entity-type="file" data-entity-uuid="a468bc98-09ae-475c-928c-8e8c9cc1f5fb" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-02-17%20at%2011.54.20%E2%80%AFAM.png?VersionId=hguzM0.XmEVErkHXwWuhoGk1K.eJElgI" />

Hamish Burgess, Joe Kairouz, and Jeffery Ha of Cushman &amp; Wakefield handled the transaction. Burgess said the sale highlighted the fierce competition among developers to secure opportunities in South Yarra and surrounding Stonnington suburbs.

“The Stonnington development site market has been hotly sought after throughout 2024," Burgess said.

"Developers are competing to enter a precinct that continues to re-rate the market in terms of achievable residential revenues, and 39 Darling Street was no exception.”

The sale adds to Soliana™’s growing portfolio of high-end residential and commercial projects. They have two in Brighton, Pearl Brighton which will compete in the coming months, and another one on Martin Street which will launch later this year.

Joel Robinson

Soliana picks up luxury South Yarra apartment development site

Walker Corporation’s Horizon Centre proposal is set to transform the heart of the Sunshine Coast revealing plans for a world-class 7,000-seat games arena, athlete village and 5-star hotel.&nbsp;

Designed to be a premier destination for Brisbane 2032, the state-of-the-art Horizon Centre has the capacity to host Olympic action, and provide accommodation for 1400 athletes and guests, cementing the Sunshine Coast as a key games and tourism destination and delivering a major legacy for Queensland.

Plans for the Horizon Centre have been submitted in a detailed submission to the Games Independent Infrastructure and Coordination Authority’s (GIICA) Brisbane 2032 Olympics 100-Day Review.&nbsp;

The detailed submission focussed on the legacy outcomes for the Sunshine Coast whilst delivering key infrastructure needed for the Games. The 1,400 athlete beds will transform into much needed accommodation for the Coast, whilst the 7,000-seat multi-format arena will evolve into a world-class arts, music, convention, entertainment and exhibition centre, finally unlocking the region’s potential to host the biggest global concerts and events.&nbsp;

<img alt="Walker Corp" data-entity-type="file" data-entity-uuid="851e34de-73e4-42ea-a2c5-c69109ad008c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-02-17%20at%2010.34.15%E2%80%AFAM.png?VersionId=mldGFJfloeW4iv4GPnWrrs1Y8sNDpu60" />

Walker Managing Director and CEO David Gallant said this was a game-changing opportunity to enhance Queensland’s Olympic legacy.

“This will be an iconic destination that delivers major events for sports, entertainment, the arts, conventions, exhibitions and other community uses, enabling Queensland to reap the benefits for decades to come, after putting on the best Olympic Games ever,” Gallant said.

“The Horizon Centre has always been central to the Maroochydore City Centre vision to create a landmark economic and social hub which drives growth and unlocks opportunity for the Sunshine Coast, so we are excited to accelerate the delivery of this asset, to create a powerful Brisbane 2032 legacy.”&nbsp;

The 6-star Green Star Horizon Centre development will integrate with a multi-modal transport system to maximise usability of public and active transport.&nbsp;

The highly sustainable precinct will also deliver large areas of open space, tailor made for athletes to relax between competition and provide long term recreation areas for the Sunshine Coast community.

The project will be delivered as a Public Private Partnership (PPP) between Australia’s largest diversified private property company Walker Corporation, Australia’s top private construction company Built and global leading architects Woods Bagot.

Walker has over 50 years’ experience delivering urban transformations, previously partnering with Built to complete over $3 billion of projects together across Australia, as well as delivering some iconic urban precincts with Woods Bagot.&nbsp;

Walker Group Executive of Development Peter Saba said the PPP will enable the private sector to provide the necessary funding needed to begin the $1 billion Horizon Centre sooner, ensuring delivery certainty and the quality to exceed Brisbane 2032 requirements.

“By uniting the combined strengths of the public and private sectors through the PPP model, a balanced approach to risk sharing will enable innovative, legacy driven outcomes to be realised on time and on budget,” Saba said.

“The PPP model provides the certainty needed to deliver the Sunshine Coast the multi-use arts, music, convention, entertainment and exhibition centre the region has been in desperate need of for decades, while ultimately giving the Coast a world class venue to host more Olympic competition or heats action.”&nbsp;

Built and Woods Bagot are currently delivering the $450m Nyaal Banyul Geelong Convention and Event Centre together in Victoria.

Built Executive Chairman Marco Rossi said they are ready to deliver this city-shaping precinct to enhance the Brisbane 2032 legacy.

“We are excited to leverage our global experience to create this architectural landmark for Maroochydore that will be a sustainable, world-class events space, while also providing critical social and employment outcomes,” Mr Rossi said.

Woods Bagot Chief Executive Officer Sarah Kay said the Horizon Centre will leverage their global experience in civic assets to create a multipurpose, future-proofed facility for all of South East Queensland.&nbsp;

“The Horizon Centre will be a premium architectural icon for the Sunshine Coast seamlessly integrating the arena with a multi-modal transport network, providing a secure athletes village, and carefully blending open space, landscaping and community into a cohesive outdoor environment,” Mrs Kay said.

The Horizon Centre will have dedicated car parking and capitalise on Maroochydore City Centre’s 10-minute connection to the Sunshine Coast International Airport and major transport routes, becoming the economic, cultural and civic heart of the region and a catalyst for global events, tourism and investment.&nbsp;

The Horizon Centre proposal is currently under review with GIICA, which is set to present its recommendation from the 100-Day Review to the Queensland Government in March 2025.

Walker Corp is also developing <a href="https://www.urban.com.au/new-apartments/sol-by-walker-maroochydore-first-ave-maroochydore">SOL by Walker</a>, 250 apartments to be completed by mid-2027.

Key features of the Horizon Centre proposal include:&nbsp;

<ul type="disc">
	<li>A 7,000-seat arena to host world class entertainment, exhibitions, arts and cultural events.</li>
	<li>A 5-star hotel.</li>
	<li>Secure 1,400 bed athlete accommodation.</li>
	<li>Integration with the adjacent Multi-Modal Transit Hub.</li>
	<li>6 Star Green Star sustainability credentials.</li>
	<li>Curated retail and placemaking experiences.</li>
</ul>

Walker Managing Director and CEO David Gallant said this was a game-changing opportunity to enhance Queensland’s Olympic legacy

Walker Corp continue Sunshine Coast evolution with Olympic-scale sporting precinct

Perth’s popular Subiaco is set to receive a fresh injection of new apartments, and select two-storey townhomes, with the launch of Incontro Apartments by award winning developer Cedar Woods.

Cedar Woods, who have developed nationally for the best part of four decades, have already sold 30 percent of the apartments before officially taking the project to market. The launch comes off the back of the successful Incontro Townhouse development next door where buyers have moved into their completed homes and are enjoying the surrounding amenity that Subiaco has to offer.&nbsp;

The one, two and three-bedroom apartments start from $594,000* which is well below Subiaco’s median house price which is now touching $1.9 million. The Subiaco unit market has also grown significantly, according to property data analytics firm CoreLogic, with values jumping 12.4 per cent in calendar year 2023, followed by a rise of 16.7 per cent&nbsp;in 2024.

[smartcode_project:default project_id=108869 project_image_fid=317903]

Cedar Woods had DKO Architecture design the striking building that complements the developing Incontro masterplan. Their focus was on maximising natural light, creating flexible living spaces, and curating two stylish colour schemes for buyers to choose from, both inspired by local flora.

Each kitchen will include integrated Smeg appliances and stone benchtops, while the open plan living area will feature 2.7-metre high ceilings and direct access to a balcony or courtyard, increasing the feeling of open space.

Incontro Apartments will also have an exclusive garden terrace on the second level which will include dining and entertaining spaces, work areas, and landscaped green nooks.

[smartcode_project:default project_id=108869 project_image_fid=325605]

Cedar Woods places a high priority on creating sustainable communities, and Incontro is no different. The development will achieve an average 7.5-star NatHERS energy rating and will include solar panels, water-efficient fixtures, double glazed windows, EV charging options, and materials which have been locally sourced.

Incontro’s prime location in Subiaco will put residents within minutes of parklands, schools, retail, dining, and entertainment options. Incontro is also within walking or cycling distance of Rokeby Road’s café strip, Subiaco Common, Kings Park, and Subiaco Farmers Market, as well as Subiaco Station, all just five kilometres from the Perth CBD.

[smartcode_project:default project_id=108869 project_image_fid=317909]

Buyers who act quickly may be eligible for savings of up to $50,000 on stamp duty under Western Australia’s Off-The-Plan Duty Concession and Rebate Scheme, due to finish at 30 June 2025.

Cedar Woods is expecting to start construction on Incontro Apartments later this year, with a builder appointment expected shortly.

[smartcode_project_cta:default project_id=108869]

Cedar Woods had DKO design the striking building that complements the previous Incontro stage

Cedar Woods launches Incontro Apartments in Subiaco

When Australians head to Europe for the summer, their preference is to head to the popular haunts of Capri and Mykonos.

Not many venture to the south of Spain, or to the small city of Murcia,&nbsp;the seventh most populous city in the country. It's around 200km south of from Valencia and 400km from Malaga to the south and Madrid to the north.

But it is Murcia, known as 'Europe's Orchard' due to its long agricultural tradition and its fruit, vegetable, and flower production and exports, that inspired the design of Brisbane's newest apartment development, aptly named <a href="https://www.urban.com.au/new-apartments/murcia-residences-east-brisbane-9-overend-street-east-brisbane">Murcia Residences</a>.

Developer Sarazin gave <a href="https://www.urban.com.au/architects/hal-architects">HAL Architects</a> the brief to focus on the architecture, flora, and fauna of Murcia when putting together the plans for the new landmark development footsteps from the iconic Gabba.

The result is a&nbsp;Mediterranean-influenced design that complements Brisbane’s subtropical climate.

[smartcode_project:default project_id=135094 project_image_fid=214682]

<a href="https://www.urban.com.au/developers/sarazin">Sarazin</a> State Director, Adam Rainbird, says the vision with Murcia was to challenge the conventional design and delivery in the Brisbane market.&nbsp;

"What we've tried to do is take this Mediterranean inspiration from the region and blend it with something that is not only unique but also feels at home in the subtropical Brisbane environment," Rainbird says.&nbsp;

"This is evident in the materiality of the building, which incorporates a carefully curated palette of colours, landscaping, and vertical elements, including breeze blocks and sun shades. These architectural features are not only functional but also help define Murcia’s distinctive aesthetic."

[smartcode_project:default project_id=135094 project_image_fid=327790]

The landscape design, led by Andrew Green of <a href="https://www.urban.com.au/landscape-architect/wild-studio">Wild Studio</a>, plays a central role in Murcia’s overall vision.&nbsp;

"The design philosophy is about creating a series of heavily landscaped spaces where people can connect, interact, drink, and enjoy life," Green explains.&nbsp;

This extensive greenery extends throughout the development, from ground-level laneways to balconies, green facades, and rooftop spaces.&nbsp;

More than 2,000 plants will contribute to a lush and verdant setting, providing a natural response to Brisbane’s climate and reinforcing the Mediterranean theme.&nbsp;

[smartcode_project:default project_id=135094 project_image_fid=214685]

The Mediterranean influence extends to the rooftop which will home a heated infinity pool, cold and warm magnesium plunge pools, spa, sauna, bookable private dining room, work-from-home spaces, fully equipped gym, and various outdoor alfresco spaces and BBQ areas.&nbsp;

Murcia, under construction by building giant Hutchinson, will comprise 210 one, two and three-bedroom apartments, plus a 700 sqm office tenancy on the second floor, a public art gallery and 300 sqm of retail on the ground floor.

[smartcode_project:default project_id=135094 project_image_fid=327789]

Its prime location on Overend Street will put residents just 500 metres from the Cross River Rail station which will open in 2029. Once operational, this will enable residents to travel from Woolloongabba to the heart of the Brisbane CBD in approximately 90 seconds. &nbsp;

Murcia&nbsp;is expected to complete in mid-2027

[smartcode_project_cta:default project_id=135094]

"The design philosophy is about creating a series of heavily landscaped spaces where people can connect, interact, drink, and enjoy life."

How a small Spanish city influenced the design of Brisbane's newest apartment development

Aqualand has received the green light to progress its new living and lifestyle precinct at Central Barangaroo.

Approval of the Modification 9 Concept Proposal by the NSW Minister for Planning and Public Spaces clears the way for Aqualand to create a vibrant new destination at the heart of Barangaroo.

The five-hectare site will include residential, retail, hospitality and community uses, alongside a new metro entry and over two hectares of public open space and parkland, all complementing Barangaroo South and Barangaroo Reserve.

More than 50 new retail destinations will play an important role activating the precinct, with a mix of lifestyle, luxury, wellness, and food &amp; beverage venues, as well as a 270-metre long, eight-metre-wide boulevard running north-south connecting Hickson Park to Nawi Cove. Together with Harbour Park, more than 50 per cent of Central Barangaroo will be public open spaces and parkland.

<img alt="Aqualand Barangaroo" data-entity-type="file" data-entity-uuid="867c8f5b-1e1b-4c4c-b961-c5f37789ef8d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-02-17%20at%208.55.01%E2%80%AFAM.png?VersionId=BXrBZSIqUMdDExh3WQKAFySDba3aOjR8" />

Central Barangaroo will inject a major boost to the NSW economy, generating $2.26 billion in economic activity during construction, and once completed, a further $134.1 million each year.&nbsp;It will create 12,360 jobs (direct and indirect FTE) during construction, and 581 direct jobs each year once completed. In addition, Aqualand will deliver one of the largest public benefit packages in NSW history, with over $220 million invested in cultural facilities, parkland, public domain, and a second Metro station entry.

“We know how important Barangaroo is to all of Sydney and we are honoured to partner with the NSW Government to deliver this critical and final piece of the city’s largest urban renewal project," Jin Lin, Aqualand Managing Director, said.

“We are committed to creating a world-class precinct that will complement the quality of Barangaroo South and Barangaroo Reserve and elevate the completed Barangaroo precinct to a new standard of excellence.”

Aqualand will now prepare and lodge detailed development applications for the buildings and public domain. Subject to planning approvals, construction is anticipated to commence in late 2025 with the first stage expected to be completed around 2030

Aqualand will now prepare and lodge detailed development applications for the buildings and public domain

Slightly lower auction clearance rate this week no cause for concern: REIV

Robert Larocca

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