Leading Australian development and construction group ALAND has taken over another development site from Jean Nassif's disgraced Toplace.

A few weeks after announcing it would be <a href="https://www.urban.com.au/news/nsw/aland-to-deliver-final-three-buildings-in-top-places-skyview-apartment-development-in-castle-hill">developing the final three towers</a> in Toplace's five-tower Castle Hill development Skyview, Andrew Hrsto's <a href="https://www.urban.com.au/developers/aland">ALAND</a> has swooped on 189 Macquarie Street in the heart of <a href="https://www.urban.com.au/developments/parramatta-nsw">Parramatta</a>.

The $100 million deal for the 5,213 sqm site is ALAND's&nbsp;largest individual property acquisition since the company was founded in 2002.

Plans had been for two 54 and 41-level towers, however ALAND is now scaling back those plans, instead opting for two 30-level towers with 425 apartments, 1,550 sqm of communal open space, 317 sqm of retail floor space, and 715 public and 389 resident parking spaces

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ALAND Founder and Owner Andrew Hrsto says the acquisition of the Macquarie Street site further demonstrates ALAND’s commitment to delivering properties of exceptional quality at an affordable price to the people of Greater Western Sydney. &nbsp;

“ALAND has a strong focus on only delivering precisely what the local community needs, and we continue to invest heavily in Parramatta – in line with the state government’s commitment to employment, lifestyle and amenity in the area,” Hrsto said.

“We’ve had a long and proud relationship with this community. Not only have we been the major sponsor of the Parramatta Eels for many years, but we will soon be moving our company headquarters into the new ALAND building in Parramatta CBD.”

Hrsto says that a design masterplan for 189 Macquarie Street, Parramatta, will be developed over the coming months.

Aligned with ALAND's development ethos, the local community will be kept informed at all times.

189 Macquarie St is just 250 metres away from ALAND's recently completed <a href="https://www.urban.com.au/new-apartments/paramount-on-parkes-14-20-parkes-street-harris-park">Paramount on Parkes</a> building.

Read more:&nbsp;<a href="https://www.urban.com.au/news/nsw/aland-opens-paramount-on-parkes-parramattas-new-landmark-apartment-development">ALAND opens Paramount on Parkes, Parramatta's new landmark apartment development</a>

ALAND Founder and Owner Andrew Hrsto says the acquisition of the Macquarie Street site further demonstrates ALAND’s commitment to delivering properties of exceptional quality at an affordable price to the people of Greater Western Sydney

Joel Robinson

First look exclusive: ALAND take over second Toplace site, plot two 30-level apartment towers

Local downsizers are approaching settlement stage at the soon-to-be-completed luxury Toorak apartment development, ADA Toorak by&nbsp;<a href="https://www.urban.com.au/developers/buxton-projects">Buxton Projects</a>.

Construction firm Manresa is finalizing the build of the 22 three-bedroom apartments, with buyers expected to be moving in before Christmas.

Located at 1093-1099 Malvern Road, the $22 million ADA Toorak is one of few apartment buildings designed by Conrad Architects, led by sought-after architect Paul Conrad.

Conrad has created some of the best homes in the&nbsp;<a href="https://www.urban.com.au/developments/toorak-vic" target="">Toorak</a>&nbsp;and wider Stonnington area, while also carrying an enviable workbook overseas. He's designed mansions in Los Angeles and New York, while also lending his interior eye to the Dubai Hotel.

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The architecture of ADA Toorak features a modest, contemporary design, and sits in landscaping planned by Jack Merlo to include private botanical terraces and courtyards, ensuring that each apartment benefits from green surroundings.

The apartments at ADA Toorak are certainly "house-sized", with floorplans ranging from 183 sqm to 289 sqm.

Each residence is designed with expansive living areas, featuring floor-to-ceiling double-glazed windows and doors that maximize natural light.&nbsp;

High-end finishes such as travertine stone and limestone are used throughout, and the kitchens are equipped with Miele and Barazza appliances, including a butler's pantry for added convenience.&nbsp;

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Ground-floor apartments will feature large outdoor living spaces, some as large as 205 sqm, complete with built-in barbecues, offering ample space for outdoor entertainment.&nbsp;

The apartments on higher levels will have private terraces, maintaining a strong connection to the outdoors.

The carefully designed landscape includes the retention of existing trees, as well as new plantings of Pin Oaks, shrubs, and hedges to ensure privacy and blend with the surrounding streetscape.

Situated in one of Melbourne’s most prestigious suburbs, <a href="https://www.urban.com.au/new-apartments/ada-toorak-1093-1099-malvern-road-toorak">ADA Toorak</a> places residents within walking distance of High Street and Glenferrie Road, providing easy access to a range of shopping, dining, and entertainment options.

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Situated in one of Melbourne’s most prestigious suburbs, ADA Toorak places residents within walking distance of High Street and Glenferrie Road, providing easy access to a range of shopping, dining, and entertainment options

ADA Toorak apartments approach completion

Sunshine Coast builder-developer Habitat has completed construction of The Corso, its latest residential apartment development in <a href="https://www.urban.com.au/developments/maroochydore-qld-4558">Maroochydore</a>.&nbsp;

<a href="https://www.urban.com.au/buildings/the-corso-maroochydore-20-south-sea-islander-way-maroochydore">The Corso</a>, which comprises 158 two and three-bedroom apartments across two towers, has started welcoming its first residents.

Just three-bedroom apartments remain in the development that is strategically located in the heart of the burgeoning&nbsp;Maroochydore CBD.

The sub penthouse is priced at $1.59 million and has three bedrooms, a study, two bathrooms, and parking for two cars, while the final remaining penthouse is priced at just under $1.7 million.

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The Corso comprises a 15-level south tower with 116 apartments and a smaller nine-level north tower with 42 apartments.&nbsp;

Residents will have access to various communal amenities, such as a resort-style pool with cabanas, day beds, and a lawn area. A&nbsp;private terrace spans both towers, offering panoramic views and a dining area for exclusive use by residents. The Corso also features ground-level commercial spaces for retail and café outlets.&nbsp;

Designed by <a href="https://www.urban.com.au/architects/k-architecture">K Architecture</a>, the development rises above landscaped parklands and a proposed convention centre.

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Just minutes from Maroochydore’s coastline, the area provides access to beaches, rivers, and parklands like Maroochydore Rotary Park and Cotton Tree Pier.

The Corso is the second residential project in Maroochydore CBD by&nbsp;<a href="https://www.urban.com.au/developers/habitat-development-group">Habitat Development Group</a>, following the successful Market Lane project.

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High demand in the Sunshine Coast’s rental market, combined with Habitat Development Group’s track record of maintaining vacancy rates under one per cent, suggests strong potential for investors.

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The Corso will also benefit from Maroochydore’s transformation from a tourism and retirement destination to a hub of economic activity with world-class infrastructure.

The region now boasts its airport and a Greenfield CBD, and future transport projects, including plans for light rail and train connections to Brisbane, enhancing the area's accessibility.

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The Corso is the second residential project in Maroochydore CBD by Habitat Development Group, following the successful Market Lane project

Habitat complete The Corso, Maroochydore apartment development

Brisbane developer&nbsp;Consolidated Properties Group&nbsp;has revealed its final release of six residences in its $450 million absolute riverfront Monarch Residences development at Toowong.&nbsp;

The Penthouse Collection encompasses the largest and most lavishly appointed apartments within Monarch Residences and the final six are hitting the market.&nbsp;

Astute buyers keen to own in what is Brisbane’s finest current apartment offering are expected to move quickly on the release, says Colliers Brisbane Director of Residential, Andrew Scriven.

“This is a once-in-a-lifetime opportunity to own such a home of this calibre, with a breathtaking landscape with vistas of the city and 130 metres of north-facing riverfront,” Scriven said.

“There will never be another place like <a href="https://www.urban.com.au/new-apartments/monarch-residences-toowong-600-coronation-drive-toowong">Monarch Residences</a>.” &nbsp;

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The Penthouses have been curated by <a href="https://www.urban.com.au/developers/consolidated-properties">Consolidated Properties Group</a>&nbsp;(CPG)&nbsp;in partnership with John Wardle, the Melbourne-based Architectural Institute of Australia gold medal-winning architect, and leading national architectural practice Cottee Parker.&nbsp;

The Penthouse Collection features elevated ceiling heights, starting at a minimum of 3.2m, that create a volume of space, openness to uninterrupted views, and an abundance of natural light and river breezes.

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In addition, the penthouses feature premium interior finishes including Herringbone European oak timber flooring, oak finished bespoke joinery, paired with luxurious Dolce Vita quartzite benchtops and a suite of European appliances.&nbsp;

The individualised floorplans allow each penthouse to showcase its own views and unique features, ensuring each of the collection’s apartments stands out from the rest.

Apartments in the Penthouse Collection range in size between 295 sqm and 347 sqm and are priced between $5.75 million and $7.9 million.

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Consolidated Properties Group CEO and chairman Don O’Rorke says the final release of the Penthouse Collection is a case of leaving the best until last.

“We launched Monarch Residences in early 2023 and it’s been one of the best received residential projects in our 45-year history, as well as Brisbane’s, with the apartments now 95 per cent sold out ahead of construction completion end of next year,” O’Rorke said.

“There is no better-connected site in Brisbane with its rail, bus, ferry, pedestrian and cycleway linkages at its doorstep – and we have aimed to deliver apartments, amenities and a design ethos that does justice to the quality of the land and which reflects quintessential Queensland living.

“We have designed each penthouse as a sanctuary right in the heart of the city. They are the epitome of luxury, elegance and security overlooking the Brisbane River – the purchasers will be securing something truly special.”

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Architect John Wardle says that when designing interiors for The Collection, his team wanted to create a feeling of harmony and connect owners to the Brisbane Riverfront.

“Our design philosophy focuses on creating spaces that harmonise with their surroundings," Wardle says.

"The Collection not only captures breathtaking views but also embodies the true essence of what it means to live in Brisbane, ensuring residents feel a true connection to the riverfront.

“Each residence is a testament to modern design capability, sophistication, architectural excellence and remarkable construction.”

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In addition to owning one of Brisbane’s most exclusive apartments, residents at Monarch Residences will have direct access to the historic heritage-listed Middenbury House, which sits on the site and is currently being restored and refurbished with the public able to access the house for the first time since it was built in 1865.

Monarch Residences is currently under construction with Hutchinson Builders, with an anticipated move-in by the end of 2025.&nbsp;

Prospective buyers can visit the multi-million-dollar, riverfront sales office on-site at 600 Coronation Drive, <a href="https://www.urban.com.au/developments/toowong-qld-4066">Toowong</a>. The sales display will be closing at the end of the year to make way for construction.

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The Penthouses have been curated by Consolidated in partnership with John Wardle, the Melbourne-based Architectural Institute of Australia gold medal-winning architect, and leading national architectural practice Cottee Parker. 

Consolidated release final Penthouse Collection at Brisbane’s Monarch Residences

Nestled within the Martha Cove marina community, <a href="https://www.urban.com.au/developers/figurehead">Figurehead Group</a>’s Osprey development is a collection of 18 luxury coastal apartments that perfectly blend architectural elegance with its scenic surroundings.&nbsp;

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The multi-award-winning developer recently completed <a href="https://www.urban.com.au/buildings/osprey-safety-beach-15-martha-cove-boulevard-safety-beach">Osprey</a>, which was honoured with the Urban Developer’s Development of the Year award.&nbsp;

We recently toured the completed apartment with <a href="https://www.urban.com.au/project-marketer/projects-by-buxton">Projects by Buxton</a> director, Heath Thompson.

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Designed by <a href="https://www.urban.com.au/architects/wolveridge-architects">Wolveridge Architects</a>, the two and three-bedroom apartments are inspired by the marina setting, with curved architectural details capturing the essence of the coastal location.&nbsp;

The curved facades flow into the interiors, providing uninterrupted views of the marina both from inside the apartments and on the spacious balconies.

Entry to each residence is through a central lightwell breezeway, emphasising the indoor-outdoor design concept.&nbsp;

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Located less than 200 metres from the vibrant Martha Cove marina, residents can enjoy quick access to Martha's Table, the local café, wine bar, and Mediterranean restaurant that serves as a hub for the community.&nbsp;

Osprey’s proximity to <a href="https://www.urban.com.au/developments/safety-beach-vic-3936">Safety Beach</a> and the wider Mornington Peninsula further enhances its appeal, offering a blend of seaside living and easy access to surrounding attractions.

Osprey apartments are now complete and ready for new residents to move in.

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Designed by Wolveridge Architects, Osprey's two and three-bedroom apartments are inspired by the marina setting, with curved architectural details capturing the essence of the coastal location. 

ANZ leaves variable mortgage rates unchanged at independent review

Larry Schlesinger

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