Design-led property developer <a href="https://www.urban.com.au/developers/orchard-piper">Orchard Piper</a>, together with joint venture partner NPACT, has broken the record for the most expensive apartment sale in Toorak at their freshly launched new apartment development, <a href="https://www.urban.com.au/new-apartments/one-toorak-place-7-19-carters-avenue-toorak-vic-3142">One Toorak Place</a>.

Australian retail executive Daniel Agostinelli and his wife Lynette have spent more than $20 million on the penthouse in the heart of Toorak Village. The sale comes after two of the sub-penthouses which sold for records of more than $11.5 million in May 2024,&nbsp;each exceeding $38,000 per sqm.

Located on Carters Avenue,&nbsp;<a href="https://www.urban.com.au/new-apartments/one-toorak-place-7-19-carters-avenue-toorak-vic-3142">One Toorak Place</a> is set to revitalise Toorak Village with a mixed-use offering comprising 47 apartments, commercial suites, and a curated retail and hospitality precinct — all centred around a new private laneway.

As Toorak’s first hotel-style serviced building, the project introduces a new model of lifestyle-focused living, akin to internationally recognised branded residences.

Residents will enjoy a suite of hotel-style services and amenities, including concierge, private car transfers and on-site security, alongside an extensive wellness offering featuring a 25-metre pool, gymnasium, sauna, steam room, cold plunge, spa and treatment room. In addition, residents will have access to a dedicated lounge, meeting rooms, a golf simulator, and practical facilities such as dog-washing and a car-wash bay.

<img alt="One Toorak Place" data-entity-type="file" data-entity-uuid="8f4e7ffa-904e-4ade-83c3-4eec439b9f8d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-05-22%20at%208.59.40%E2%80%AFAM.png?VersionId=AnEjlmxR6qJqyMIcJcBxUMgck65JrPfW" />

Agostinelli, Group CEO of Accent Group Limited, has followed the developer’s work for over a decade, with the penthouse marking his first purchase.

The house-proportioned apartment comes with five bedrooms, an eight-car private garage, direct lift access to a private lobby, a 1000-bottle cellar, and private wellness facilities, including a pool and spa set across 560 sqm of outdoor terraces and gardens, framed by expansive views of the Melbourne city skyline.

Orchard Piper Director Luke McKie says opportunities of this calibre are incredibly rare, not just in Toorak, but anywhere in Australia.

“The penthouses at <a href="https://www.urban.com.au/new-apartments/one-toorak-place-7-19-carters-avenue-toorak-vic-3142">One Toorak Place</a> are designed to offer all the qualities of a fine luxury home, with the added security, privacy and views that only penthouse living can provide," Mckie said.

Orchard Piper Director Rick Gronow added, “To close such a significant sale ahead of launch speaks volumes about the strength of the precinct and the market’s appetite for thoughtfully designed, premium residences in Toorak Village.”

Agostinelli said the decision to purchase was driven by Orchard Piper’s consistent commitment to quality over the past decade.

“I’ve known Rick Gronow and Orchard Piper for a long time," Agostinelli said.

"My wife Lynette and I trust their quality, which made us comfortable buying off the plan. Their work speaks for itself, and this project takes it to a new level. <a href="https://www.urban.com.au/new-apartments/one-toorak-place-7-19-carters-avenue-toorak-vic-3142">One Toorak Place</a> stood out to us as a unique chance to live privately while still enjoying the kind of services and experiences you’d normally only find in a five-star hotel. It’s something we haven’t seen in Toorak or Melbourne at this level before and we are very excited about the project."

<img alt="One Toorak Place" data-entity-type="file" data-entity-uuid="adfb073f-1ce9-4e1a-aa30-e52694ce465e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-05-22%20at%209.49.52%E2%80%AFAM.png?VersionId=T3Q7Yed.nUqXFwAIeydpojqBqJ5v2y2L" />

To complement the residential offering, Orchard Piper has partnered with acclaimed restaurateur Chris Lucas to deliver a new hospitality benchmark in luxury living – a ground-floor dining precinct paired with exclusive in-residence experience. From all-day dining to private catering, cellar services, and events, residents enjoy seamless access to Melbourne’s most iconic hospitality, all curated by the team behind restaurants like Society and Grill Americano.

“This is about more than great food,” said Chris Lucas. “It’s about bringing the spirit of our restaurants into the home — creating a seamless lifestyle that celebrates design, connection and the joy of exceptional hospitality.”

<img alt="One Toorak Place" data-entity-type="file" data-entity-uuid="a71523e7-1124-4631-b907-69a568ccb40e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-05-22%20at%209.49.59%E2%80%AFAM.png?VersionId=0.PObZnKCpJDL9ZMYi7WAxQeAVrdaS0_" />

Occupying the 3,589 sqm former Mercedes-Benz Toorak site, <a href="https://www.urban.com.au/new-apartments/one-toorak-place-7-19-carters-avenue-toorak-vic-3142">One Toorak Place</a> is the suburb’s largest planning approval to date in both height and site size. A joint venture between Orchard Piper and NPACT (a partnership between James Packer’s family office and Todd Nisbet) the project is designed by internationally acclaimed firm KHA (Kerry Hill Architects).

Alongside Orchard Piper’s first Toorak Village project, it contributes to over 5,000 sqm of prime land under development in the precinct, with a combined end value expected to exceed $550 million.

<a href="https://www.urban.com.au/new-apartments/one-toorak-place-7-19-carters-avenue-toorak-vic-3142">One Toorak Place</a> will officially launch to market in mid-2025, with construction expected to commence toward the end of the year.

One Toorak Place will officially launch to market in mid-2025, with construction expected to commence toward the end of the year

Joel Robinson

Orchard Piper secures $20m record-breaking penthouse sale at One Toorak Place

Leading Malaysian developer UEM Sunrise has started taking registrations of interest at its flagship Subiaco East development One Oval,&nbsp;the first residential project to proceed under the WA Government’s Subiaco East Masterplan.

One Oval is a&nbsp;key component of the Subiaco East Masterplan by DevelopmentWA, the Western Australia State Government’s central land and development agency, which aims to rejuvenate 35 hectares of land surrounding Subiaco Oval, the former Princess Margaret Hospital, and Mueller Park.

The masterplan envisions creating a vibrant, inner-city village that respects the area's rich heritage while introducing new residential, commercial, and public spaces to meet the needs of a growing population.

One Oval will include two distinctive residential buildings with dynamic tiered heights of 36 and 26 levels on Lot 1, and 11 levels on Lot 2. The towers will home 342 one, two and three-bedroom apartments,&nbsp;400 sqm of retail at ground level, and a strong focus on wellness amenity and community connection.

<img alt="One Oval" data-entity-type="file" data-entity-uuid="52d07e33-b7e6-47ef-94a1-021c58dd90ab" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-05-22%20at%209.26.37%E2%80%AFAM.png?VersionId=huNI_42EMkHWRcETTt.EYPxRveA8FvRX" />

Construction is expected to commence next year, with completion of Lot 2 expected in the first quarter of 2029, and Lot 1 expected later that year.

UEM Sunrise Officer-in-Charge and Chief Financial Officer, Hafizuddin Sulaiman says the name One Oval reflects both the site's legacy and its future as a new destination for Subiaco.

“We’re proud to unveil One Oval as the name for our first project in Western Australia”, Hafizuddin said.

“This location holds deep sporting and cultural significance, and we see this as an opportunity to create something truly special that speaks to both history and the future.

“One Oval offers premium residences that are thoughtfully curated and innovatively designed, fostering inclusivity where residents will be able to enjoy elevated parkside living in one of Australia’s most coveted suburbs.”

<img alt="One Oval" data-entity-type="file" data-entity-uuid="c5a0347f-2a2a-49e4-b547-e3c3dad245a5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-05-22%20at%209.26.32%E2%80%AFAM.png?VersionId=Uap_3WqHxdwZ4JxRK2v5VjB2gER8_MOE" />

Over 70 per cent of the development will have two and three-bedroom residences, with elements of&nbsp;inter-generational living.

Beyond housing, One Oval will bring lasting benefits to the community. Plans include delivering infrastructure to support community events at the Heritage Gates park and the open space&nbsp;within the development adjoining the oval, as well as providing art activation and storage facilities at the oval for local football clubs.

UEM Sunrise Officer-in-Charge and Chief Financial Officer, Hafizuddin Sulaiman says the name One Oval reflects both the site's legacy and its future as a new destination for Subiaco

UEM Sunrise kicks off registrations of interest at One Oval, new Subiaco apartment development

It's all about location at Samuel's newest residential development, <a href="https://www.urban.com.au/new-townhouses/hali-dromana-105-111-point-nepean-road-dromana-vic-3936">Hali Dromana</a>.

Hali Dromana, 70 low-maintenance townhouses designed by renowned Melbourne architect Cera Stribley, are set to rise directly across the road from one of the best beaches on the Mornington Peninsula.

We recently visited Dromana and the display suite for Hali, down the street from the near two-hectare Point Nepean Road site that Samuel secured several years ago because of its&nbsp;unrepeatable nature.

Darren Blair, Director of Blair Property Group, walked us through what makes Hali one of the most exciting new offerings on Victoria’s coastline.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/OdyA4-G_bQg?si=hPnLsz9qNcTXdVLR" title="YouTube video player" width="560"></iframe>

“Hali enjoys a rare uninterrupted outlook to the beach that can never be built out—just steps from the shoreline, which stretches for three kilometres before merging seamlessly with Safety Beach,” Blair says.

The project offers quick access to the nearby village centre, where residents will find cafes, boutique retailers, and casual dining—all within walking distance.

[smartcode_project:default project_id=147112 project_image_fid=330350]

Designed by Cera Stribley, Hali draws inspiration from the classic 1960s Australian beach house while delivering all the comforts and style expected of a contemporary home.

“Their approach was to take the charm of a classic 1960s Aussie beach house and reimagine it for modern living,” Blair says. “It’s a clean, contemporary design that still feels warm, familiar, and perfectly suited to beachside living.”

Hali offers a range of two, three, and four-bedroom townhouses, each designed to maximise natural light and embrace its coastal surroundings. Interiors feature a neutral beach-inspired palette, with large windows and open-plan living that flows effortlessly to outdoor spaces.

[smartcode_project:default project_id=147112 project_image_fid=330356]

Around a quarter of the large site has been reserved for open green space, with the homes being well set back from the street, creating a mini-community only footsteps from the sand.

Each home has been designed with sustainability front of mind. All residences will boast a 7-star energy rating, are gas-free, and EV charge-ready, ensuring comfort and efficiency for years to come.

“It’s the kind of place that just feels right by the coast,” Blair says. “A relaxed, low-maintenance home designed for easy, everyday living.”

[smartcode_project_cta:default project_id=147112]

"One of the rarest finds on the Mornington Peninsula": Inside Hali Dromana

Sustainability principles in new apartment developments across Australia have accelerated significantly over the past five years.

What was once a voluntary initiative has now become a mandated requirement, driven by growing climate concerns and reinforced by government policy. These mandates align with Australia’s commitment to achieving net zero greenhouse gas emissions by 2050—an ambition legislated through the Climate Change Act 2022. The Act also outlines an interim goal of reducing emissions by 43 per cent below 2005 levels by 2030 and requires annual progress reporting to Parliament.

To support this transition, the government is rolling out a comprehensive Net Zero Plan. This includes sector-specific strategies for energy, transport, industry, agriculture, and the built environment. The plan leans heavily on technology-led solutions such as renewable energy expansion, electrification, and carbon capture.

But it’s not just government leading the charge. Apartment buyers are increasingly conscious of their environmental footprint. In addition to supporting a sustainable future, many are also drawn to the reduced running costs that come with energy-efficient design and features.

Sustainability and healthier living are at the heart of <a href="https://www.urban.com.au/new-apartments/blvd-at-melbourne-square-19-hoff-boulevard-southbank">BLVD</a>, the latest residential tower in OSK Property’s multi-billion-dollar Southbank precinct, Melbourne Square.

[smartcode_project:default project_id=107714 project_image_fid=211872]

Currently under construction by Multiplex, the 74-level tower is pursuing WELL Certification—a globally recognised standard that prioritises the health and well-being of residents. BLVD is one of the first residential projects in Australia to be registered for this certification.

Jack Noonan, Vice President of the Asia Pacific International WELL Building Institute, stressed the significance of this approach.

"<a href="https://www.urban.com.au/developers/osk-property">OSK Property</a> has applied this world-leading framework from the ground up with a holistic suite of integrated solutions, including optimised access to natural light, great thermal comfort and indoor air quality, through to social, fitness, and mental wellbeing amenities. Together, they create an ecosystem to help you live well every day."

[smartcode_project:default project_id=107714 project_image_fid=211867]

BLVD’s sustainability credentials include gas-free operation, carbon-neutral capabilities, and electric vehicle charging stations—features that reflect a future-focused approach to urban living.

&nbsp;

"We know that great spaces prioritise and improve health by helping fuel our bodies, keeping us connected, inspiring our best work and facilitating a good night’s sleep," Noonan added.

&nbsp;

The tower’s design also promotes exceptional indoor environmental quality, with a focus on maximising natural light, superior air quality, and enhanced thermal comfort.

[smartcode_project:default project_id=107714 project_image_fid=211869]

BLVD’s interiors have been crafted by CARR in collaboration with Cox Architecture, combining minimalist design with nature-inspired materials and textures.

Chris McCue, Managing Director of Cox, described BLVD as “a living and breathing building.”

"We drew deeply on the natural landscapes of the surrounding precinct, which are woven through the building’s generous amenities via the material palette and quality finishes," McCue said.

"From the gently lit, articulated lobby to the expansive double-height views on Level 55, every interior connects to bay and garden vistas, offering a profound sense of space and freedom."

[smartcode_project:default project_id=107714 project_image_fid=211864]

In addition to its environmental credentials, BLVD prioritises resident well-being—both mental and physical.

The podium level will include a state-of-the-art gym, spa, sauna, and a 25-metre indoor pool. Residents can also enjoy a tranquil zen garden, barbecue facilities, al fresco dining areas, and shaded seating zones inspired by Melbourne’s natural landscape.

Elevated amenities continue in the Level 55 Skye Club, which offers private dining rooms, a cocktail lounge, and breathtaking views across the city. BLVD also includes co-working spaces, private meeting pods, and breakout areas that cater to the growing demand for flexible, hybrid lifestyles.

[smartcode_project:default project_id=107714 project_image_fid=214126]

BLVD marks the third tower in the Melbourne Square precinct—an already thriving urban community. Approximately 70 per cent of its 600 one-, two-, and three-bedroom apartments have already sold.

Construction is well underway, with completion expected in early 2028.

[smartcode_project_cta:default project_id=107714]

Chris McCue, Managing Director of Cox, described BLVD as “a living and breathing building.”

BLVD pursues WELL Certification as demand for healthy homes grows

As cities continue to grow, the demand for sustainable development becomes more urgent. In Victoria, Australia, the Built Environment Sustainability Scorecard (BESS) has emerged as a vital tool for embedding sustainability into the early stages of building design.

Since its inception in 2015, BESS has played a critical role in supporting local governments, developers, and communities to create more sustainable and livable environments.

BESS (Built Environment Sustainability Scorecard) is a purpose-built, online assessment tool designed to evaluate sustainable design practices at the planning permit stage of development. It was developed and is maintained by local governments in Victoria, making it the only dedicated tool of its kind in the state.

BESS is owned by the Municipal Association of Victoria (MAV) and operated by the Council Alliance for a Sustainable Built Environment (CASBE) as part of the Sustainable Design Assessment in the Planning Process (SDAPP) framework.

<h2>Who uses BESS?</h2>

BESS is used across more than 35 councils in Victoria, helping them achieve consistent, sustainable outcomes through their planning processes. It is a free tool for planning permit applicants within subscriber councils, and it's also accessible to any member of the public interested in evaluating or improving the sustainability of their home.

While small-scale users (e.g., for single homes or renovations) can often use the tool without prior experience, more complex developments, such as multi-unit, mixed-use, or non-residential buildings, benefit from engaging Environmentally Sustainable Design (ESD) professionals who are trained in BESS.

<h2>How BESS works: Categories and criteria</h2>

BESS evaluates developments across nine key sustainability categories:

<ul>
	<li>Water – Efficient usage, stormwater reuse, and reduced potable water demand.</li>
	<li>Energy – Energy efficiency in building fabric, systems, and appliances.</li>
	<li>Indoor Environment Quality (IEQ) – Daylighting, natural ventilation, and thermal comfort.</li>
	<li>Transport – Promoting sustainable transportation options.</li>
	<li>Waste &amp; Resource Recovery – Construction waste minimisation and recycling facilities.</li>
	<li>Urban Ecology – Landscaping, biodiversity, and food production areas.</li>
	<li>Building Management – Operational performance and ongoing sustainability.</li>
	<li>Innovation – Recognising forward-thinking and exceptional sustainability practices.</li>
	<li>Management – Encouraging long-term governance and building user education.</li>
</ul>

Assessments are generated into standardised reports that streamline review by council planners and help track sustainability trends over time.

<h2>Integration with the Victorian planning system</h2>

BESS directly supports sustainability objectives embedded in the Planning and Environment Act 1987, which governs land use across Victoria. This legislation emphasises sustainable development, conservation of natural resources, and balancing present and future community needs.

In practical terms, BESS is embedded into the planning system through local council planning schemes and policies, often under Clause 15.01-2L, which relates to Environmentally Sustainable Development (ESD). These policies ensure that sustainability is a core consideration from the early design phase, where the most impact can be made.

BESS aligns with the Victoria Planning Provisions (VPPs) and has strong legal backing, including support from decisions made by the Victorian Civil &amp; Administrative Tribunal (VCAT).

<h2>Benefits of using BESS</h2>

<ul>
	<li>Consistency: Provides a common language and framework for sustainable design.</li>
	<li>Flexibility: Suitable for all building types and development scales.</li>
	<li>Equity: Location-neutral—does not favor urban over rural developments.</li>
	<li>Transparency: Offers councils and applicants a clear, trackable process.</li>
	<li>Community Empowerment: Allows residents to independently assess their homes' sustainability.</li>
	<li>Support &amp; Resources: Offers online guidance, technical support, and access to BESS-trained professionals.</li>
</ul>

By bridging the gap between planning regulations and practical design choices, BESS empowers councils, professionals, and communities to collaboratively create developments that are efficient, comfortable, and future-proof.

Whether it's a homeowner looking to go green or a developer navigating council requirements, BESS offers a reliable path to building a better future.

Off the plan apartment buying 101: What is BESS?

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Perspective Nexus is under construction by LPS Group with completion slated for Q3 2025

You don't get much closer to paradise in Australia than the beautiful Palm Beach. With nine new and off-the-plan apartments for Palm Beach, QLD 4221 available at Urban.com.au, simple beachside living has never been more effortless. Start every morning with a dip in the ocean and spend your weekends soaking up the sun.

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Sherpa release Executive Collection in Perspective Nexus, Palm Beach

Display now open, move in September 2025. The ultimate lifestyle starts with a nexus – a coming together of a world-class location and a passionate team with an unwavering commitment to make beach living even better. Under construction and on track for completion in Q3 2025. Welcome to Perspective Nexus, an extraordinary beachside development nestled on the picturesque shores of Palm Beach. Crafted over two years with unwavering dedication, this architectural marvel redefines the essence of beachside living. Perspective Nexus, a creation of Sherpa Property Group and HAL Architects, is more than a residence; it's a lifestyle statement. With its unique blend of innovative design, meticulous craftsmanship, and unparalleled location, Perspective Nexus stands as a beacon of distinction and a sanctuary for those who demand the very best in life. A Symphony of Style and Functionality Step inside Perspective Nexus and experience the epitome of luxury. Each residence, meticulously crafted with a keen eye for detail, boasts exceptional floorplans that cater to the most discerning tastes.<ul><li>2 Bedrooms Residences</li><li>3 Bedroom + MPR Residences </li><li>4 Bedroom Residences </li><li>The Beach Villas</li><li>The Penthouses </li><li>The Sky Home Collection Seamlessly Integrated Luxury Perspective Nexus goes beyond expectations, offering a range of onsite amenities that enhance residents' everyday lives. Secure carparks with storage facilities ensure convenience and peace of mind. The meticulously designed private garden oasis of the Beach Villas creates a serene atmosphere, perfect for relaxation. The private rooftop terraces of the Skyhome Collection provide an exclusive space to unwind while enjoying breathtaking views. Local Amenities: Embrace the Surrounding Beauty Enjoy the proximity to nearby restaurants and cafes, creating a perfect blend of culinary experiences. Access reputable schools and educational institutions for a top-tier education. Utilise the well-connected public transport and arterial roads for effortless commuting. Engage in recreational activities, immersing yourself in the cultural richness of the area. Meet the Visionaries: Sherpa Property Group and HAL Architects Behind the brilliance of Perspective Nexus stand Sherpa Property Group and HAL Architects, bringing their passion for innovation and design to life. Sherpa Property Group, with over 30 years of experience, adheres to the principle of 'Less is More,' focusing on quality, innovative development solutions, and maximising buyer value. HAL Architects, renowned for their visionary designs, have created a masterpiece that seamlessly integrates with nature, setting new standards in architectural excellence. Experience Luxury Living Perspective Nexus invites you to experience the epitome of beachside living. Embrace a lifestyle where elegance meets nature, where luxury is redefined, and where every day is a celebration of beauty. Your extraordinary beachside living experience awaits. Enquire via Urban today!</li></ul>

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Sherpa release Executive Collection in Perspective Nexus, Palm Beach

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Sherpa release Executive Collection in Perspective Nexus, Palm Beach

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