Builder-developer giant McNab is pushing on in both sales and construction at its new Gold Coast apartment development, Elements Budds Beach.

Over 60 per cent of the Azure Collection, the more premium two-bed plus MPR and three-bedroom apartments within the Oak Avenue building, have been snapped up by a mix of investors and owner occupiers.&nbsp;

The sales success comes off the back of McNab starting construction on site, demolishing the old three-level walk-up and old timber home on the amalgamated 1,013 sqm Oak Avenue and starting to excavate the four basement parking levels.

The building, of just 87 two, three and four-bedroom apartments that start from just over $1 million, has been crafted by<a href="https://www.urban.com.au/architects/cottee-parker-architects"> Cottee Parker</a> who says the design "pays homage to the sea and sky and responds to its unique midwater location with distinct simplicity and openness, bringing the waterways to its inhabitants."

[smartcode_project:default project_id=111522 project_image_fid=322242]

Set behind a curved, glazed façade, Elements apartments will feature open plan kitchen, living and dining areas that will extend to balconies with views across the Gold Coast skyline, hinterland, and beach.

As the building ascends, the apartments get more premium, and give way from the two-bed and two-bed plus multi-purpose rooms to half-floor three-bedroom apartments, as well as the soon-to-be-released Horizon Collection.

As demand for spacious, high-end apartments continues, McNab is preparing to launch the Horizon Collection, just a handful of four-bedroom apartments each with a multi-purpose room, panoramic views, a master retreat with a walk-in wardrobe and ensuite, and a built-in bar area with a custom stone finish.

&nbsp;

[smartcode_project:default project_id=111522 project_image_fid=322246]

The original plans back in 2021 had the communal facilities located within the building, but, in a trend seen across the majority of Gold Coast projects in the last few years, McNab more recently had Cottee Parker relocate them to the roof.

Now a full rooftop retreat, it will feature an infinity-edge pool with beach club-style loungers that actually sit in the water, several day beds surrounding the pool, and a sauna, hot plunge pool, and a yoga deck.

There will also be a poolside barbecue and teppanyaki area, as well as a private formal dining room and a gym.&nbsp;

[smartcode_project:default project_id=111522 project_image_fid=322250]

Elements will sit in a quiet pocket of Surfers, only a six-minute walk to Budds Beach and eight minutes to Surfers Paradise Beach.

It could be argued that viewlines, especially from the upper levels, are unlikely to ever be obstructed. This is due to the scale of the Paradise Resort Gold Coast hotel across the street, which is unlikely to be redeveloped anytime soon.

McNab is forecasting a completion date of around Q3 2027.

[smartcode_project:default project_id=111522 project_image_fid=322251]

<a href="https://www.urban.com.au/developers/mcnab-developments">McNab</a> as a builder has a diverse workbook across the whole of South East Queensland, from warehouse and office buildings to social housing projects.

As a developer, McNab recently completed White in Main Beach, selling all of the apartments prior to completion. The project won the 2024 Master Builders QLD Housing &amp; Construction Award, as well as Queensland’s Best Project in the $50m+ multi-residential category.

McNab also has several development sites in Brisbane, in West End and Highgate Hill, as well as<a href="https://www.urban.com.au/news/qld/first-look-exclusive-mcnab-shoots-for-full-floor-apartments-in-broadbeach"> plans for a future Broadbeach project</a>.

[smartcode_project_cta:default project_id=111522]

Joel Robinson

Sales success drives momentum at McNab’s Elements Budds Beach

OSK Property, the team behind the $3 billion Southbank precinct Melbourne Square, has unveiled Melbourne’s newest large-scale illuminated landmark, an eye-catching public artwork by nationally renowned artist Troy Emery, titled Guardian Lion.

Designed and created by the local Melbourne artist, the large-scale artwork – which features bright colours, LED lighting and a distinctive silhouette – now stands as a bold addition to Melbourne’s cityscape, joining the ranks of cultural icons like Richmond’s ‘Skipping Girl Vinegar Sign’ and the iconic Hosier Lane.

<img alt="OSK Guardian Lion" data-entity-type="file" data-entity-uuid="07e86d23-8444-48c5-97fd-421602ba2828" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-03-26%20at%2011.05.47%E2%80%AFAM.png?VersionId=pZwP1BwSKbLqPaeVpiBT5tEg_4FsD2I8" />

Inspired by Melbourne’s dynamic arts culture, alongside Victoria’s ‘Grampians big cat’ folklore, the artwork refers to a mythical big cat that roamed the Grampian Mountain ranges with sightings dating back over a century.

Emery said Guardian Lion signifies his first permanent public installation in his hometown.

"It’s an honour to contribute to Melbourne’s ever-growing library of public art," Emery said.

"I hope this colourful art wall becomes a beloved city landmark, acting as a guardian to the city and standing as a welcome protector to visitors and residents alike.”

[smartcode_project:default project_id=107714 project_image_fid=214122]

City of Melbourne Lord Mayor Nick Reece said the Guardian Lion is Melbourne’s most important neon sign since the Skipping Girl and it’s going to become a landmark for the city.

"It’s a brilliant addition to the thriving and evolving public art scene in Melbourne – solidifying our position as Australia’s leading art city.”

Measuring over 15m high and nearly 19m wide, Guardian Lion’s laser-cut aluminium structure is adorned with LED flex lighting to be lit-up at night. Its location on the southern podium wall of Melbourne Square’s residential towers will ensure it is an unmissable sight for those entering Melbourne via the Westgate Freeway or passing through Southbank and South Melbourne.

Guardian Lion’s unveiling is underpinned by OSK Property’s commitment to the local Southbank community. Alongside its residential apartments, Melbourne Square offers retail stores, hospitality dining options, cafés, and expansive green public spaces such as parks, basketball courts, and more.

OSK Property Australia CEO, Chong Boon Woon, said the team are&nbsp;deeply inspired by the power of public art to connect spaces and communities.

"Guardian Lion is a testament to our vision of making Melbourne Square a cultural and social hub for Southbank. This symbol of Melbourne’s creative and inclusive spirit is our contribution and one that we hope continues to thrive for many years to come”.

Guardian Lion will be open to the public as a must-see destination and will be visible 24/7 with neon-LED lighting turned on each night.

[smartcode_project_cta:default project_id=107714]

OSK Property light up Melbourne Square with new Guardian Lion artwork

Residents at Lendlease’s world-class One Sydney Harbour waterfront development in Barangaroo will soon have access to an exclusive luxury car share service offering electric Porsche vehicles.

<a href="https://www.urban.com.au/developers/lendlease-development">Lendlease</a> has partnered with transportation solutions provider, Outbound, to launch Porsche’s new fleet of electric vehicles, including the Macan and Taycan, available for residents of the building to hire.&nbsp;

&nbsp;

Residents will be able to reserve, pay and access support through the Outbound app, and even lock, unlock and drive the vehicles through their phones.&nbsp;

<img alt="One Sydney Harbour" data-entity-type="file" data-entity-uuid="a6947a39-4a5c-4361-9c2b-4a6ee2861d30" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/osh---home-banner-exterior-min.jpg?VersionId=g2R6KcqJEdP7eguRTKGT.B_hWsKhA2U8" />

The new car share service enhances the already exceptional amenities at <a href="https://www.urban.com.au/new-apartments/one-sydney-harbour-6-watermans-quay-barangaroo">One Sydney Harbour</a>, which include a 24-hour concierge service, state-of-the-art wellness facilities, indoor and outdoor pools, a private dining room, wine gallery, and residents’ lounge. &nbsp;

This is the second collaboration between Lendlease and Outbound, with the transportation solutions provider offering Tesla EV hire for tenants in nearby commercial building, Salesforce Tower, since 2023.&nbsp;

Located in the heart of Barangaroo, One Sydney Harbour is a landmark residential development by Lendlease, designed by world-renowned architect Renzo Piano. The development consists of three towers.

<img alt="One Sydney Harbour pool" data-entity-type="file" data-entity-uuid="dd156968-b258-45d4-be60-ccf5907de450" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/osh-the-pool.png?VersionId=U8e3XrNodol4Nw2onjP4QHWiSWglvNJC" />

One Sydney Harbour is now 95 per cent sold, with more than $4 billion in sales across the three towers.

Prices start at $1.68 million for a one-bedroom apartment, $3 million for a two-bedroom, and $5.3 million for a three-bedroom apartment. Most residences have settled across all three towers, and residents have moved in.&nbsp;

Annamese, Haven Coffee and Anita Gelato have opened in the precinct, with more food and beverage and service retailers to come later this year.

Stuart Mendel, Lendlease Executive Director Development NSW/ACT, said surpassing $4 billion in sales is testament to the high calibre of One Sydney Harbour’s residential offering. &nbsp;

“Our commitment to creating luxury experiences for our customers is clear through the range of exclusive amenities, like the Porsche EV car share program,"&nbsp;Mendel said.

“Whether it’s driving a Porsche Macan or Taycan or the easy access to the new Barangaroo metro &nbsp;station, One Sydney Harbour offers the ultimate convenience and connection.”&nbsp;

[smartcode_project_cta:default project_id=139801]

New electric Porsche car share at One Sydney Harbour

Summary:

<ul>
	<li>New Brisbane Stadium, new National Aquatic Centre, major expansion of Queensland&nbsp;Tennis&nbsp;Centre and a dedicated Para-sport facility just some of the legacy infrastructure for Brisbane.</li>
	<li>The Gabba to be used for cricket in 2032, before being transformed as a vibrant new entertainment and housing precinct, as a lasting legacy of the Games.</li>
	<li>Brisbane Arena Priority Area to be moved to the vacant GoPrint site in Woolloongabba, and delivered by the private sector.</li>
	<li>2032 Delivery Plan sets the plan, now attention turns to delivering it.</li>
</ul>

<hr />
The heart of the Brisbane 2032 Olympic and Paralympic Games will be delivered at Victoria Park, with a new world-class Brisbane Stadium to be built as part of a thriving central Games precinct spanning Spring Hill, Bowen Hills and Victoria Park.

The new 63,000 -seat stadium was announced by the Queensland Government as part of the&nbsp;2032 Delivery Plan. The venue will also be where future Brisbane Lions, the Brisbane Heat and the Queensland Bulls teams call home.

Delivering 2032 and Beyond&nbsp;is the outcome of a 100 Day Review, stakeholder consultation and community input, and sets the plan for the Games, which Queensland will now get on with delivering.

Under the Plan, a new National Aquatic&nbsp;Centre will be delivered at the site of the Centenary Pool in Spring Hill, catering to swimming, diving, water polo and artistic swimming.

A major upgrade of the Queensland Tennis&nbsp;Centre will include a new 3000-seat show court arena and 12 new match courts which, in addition to Pat Rafter Arena, will open the doors to even more tournaments for Brisbane.

The Main Arena at the RNA Showgrounds will be upgraded with a 20,000 seat outdoor arena, to give the Queensland&nbsp;Ekka an even brighter future. &nbsp;

The main Athlete Village will also be built at the Bowen Hills precinct, within walking distance of the Brisbane Stadium.

While a Brisbane Arena is no longer required for the Games, the Queensland Government has taken steps today to allow Brisbane Live to be delivered by the private sector, providing the opportunity for the Federal Government’s contribution to be directed toward other essential Games infrastructure.

The Government will move the Brisbane Arena priority site to the vacant&nbsp;GoPrint site in Woolloongabba, paving the way for a permanent legacy in addition to a new housing and entertainment precinct over the Gabba when it is taken down.

This move will secure the future of the East Brisbane State School, ensuring it is not relocated. &nbsp;

Greater Brisbane will benefit from new and upgraded Games infrastructure, including:

<ul>
	<li>New&nbsp;Brisbane Stadium&nbsp;to be delivered at Victoria Park.</li>
	<li>New&nbsp;National Aquatic Centre&nbsp;to be delivered at the site of Centenary Pool in Spring Hill.</li>
	<li>Expanded&nbsp;Queensland Tennis Centre&nbsp;to include a new permanent 3000-seat showcourt and 12 new match courts.</li>
	<li>Transformed&nbsp;RNA Showgrounds&nbsp;with an upgraded Main Arena and Athlete Village, which will be converted to permanent housing after the Games.</li>
	<li>Upgraded&nbsp;Chandler Sport Precinct&nbsp;to include a dedicated Para-sport Facility.</li>
	<li>New&nbsp;Redland Whitewater Centre&nbsp;will be delivered within the future Birkdale Community Precinct.</li>
	<li>Brisbane International Shooting Centre&nbsp;upgraded to increase capacity of the indoor range.</li>
	<li>Logan and Moreton Indoor Sports Centres&nbsp;built to address the growing demand for indoor courts in some of the fastest growing areas of Queensland.</li>
</ul>

Premier David&nbsp;Crisafulli said the Brisbane 2032 Olympic and Paralympic Games would be an event Queenslanders could be proud of.

“Brisbane will be&nbsp;centre stage for the greatest show on earth and the benefits will last for decades after the Closing Ceremony,” Premier Crisafulli said.

“With major new venues and upgraded sports facilities, greater Brisbane will have high-performance venues attracting world events beyond 2032.

“A new stadium will allow Queensland to attract sporting and music events and be the new home for&nbsp;AFL and Cricket.

“Delivering 2032 and Beyond&nbsp;is a&nbsp;gamechanger for our State and with this plan we will deliver a Games all Queenslanders can be proud of.”

The new 63,000-seat stadium was announced by the Queensland Government as part of the 2032 Delivery Plan. The venue will also be where future Brisbane Lions, the Brisbane Heat and the Queensland Bulls teams call home.



Let the Games begin: QLD Government reveals 2032 Brisbane Summer Olympic Games plans

<a href="https://www.urban.com.au/new-apartments/scotch-hill-gardens-hawthorn-147-robinson-road-hawthorn-vic-3122">Scotch Hill Gardens</a> is a new lifestyle precinct by <a href="https://www.urban.com.au/developers/hamton">Hamton Property Group</a>, renewing an underutilised site on Auburn Road, Hawthorn, in Melbourne’s affluent east.

The six-building elevated living precinct resides on a former University of Melbourne campus site in the Scotch Hill catchment area. Located adjacent to the green spine of fields and parklands along Gardiners Creek trail, the site’s hilly aspect benefits from views to established tree canopies, lush gardens, and the city skyline.

[smartcode_project:default project_id=149097 project_image_fid=327680]

<a href="https://www.urban.com.au/architects/woods-bagot">Woods Bagot</a> is behind the masterplanning, architecture, and interior design, while <a href="https://www.urban.com.au/landscape-architect/tract-landscape-architects">Tract</a> is responsible for the landscape design, which will make up 40 percent of the site. Standing between four and eight levels high, the residential pavilions are interspersed within 4,000 meters of public gardens, with landscaping subtly defining boundaries between public and private zones.&nbsp;

Drawing inspiration from nature, the masterplan has been inspired by the organisation of lily pads on a pond – organic formations, discrete but interconnected, sitting lightly in within their context. Employing the principles of the “nature-based cities” guidelines, the site benefits from integrated nature, amenity, wellness and community.

[smartcode_project:default project_id=149097 project_image_fid=327647]

Woods Bagot Director Peter Miglis says the precinct’s formal and material language is inspired by <a href="https://www.urban.com.au/developments/hawthorn-vic-3122">Hawthorn</a>’s established residential vernacular, invoking the charm of local character homes with a unique, contemporary inflection.

“The architecture needed to take from the DNA of the surrounding residential homes and translate that to a multi-residential scale,” says Miglis.

“Referencing the authenticity, grandeur and heritage of the Hawthorn home, the architecture should feel familiar, yet elevated, fostering a natural sense of belonging within the neighbourhood.”

[smartcode_project:default project_id=149097 project_image_fid=327652]

As one of Melbourne’s oldest and grandest suburbs, Hawthorn remains a beautifully preserved example of the city’s evolution through the Victorian, Federation and Edwardian periods. Each residential pavilion takes on a unique identity from a composition of varied materials, with some buildings reinterpreting the local Victorian or Edwardian details from rhythmic brickwork to opportune archway moments, others paying homage to the Federation arts-and-crafts homes of the area.

“The Woodburn draws inspiration from the verandahs of the Victorian home ubiquitous in the Hawthorn area,” says Miglis. “The use of vertical columns and fine filigree detailing evokes a classic staple of Victorian Australian design.”

[smartcode_project:default project_id=149097 project_image_fid=327638]

The Tate building, meanwhile, includes a strong brick masonry element, incorporating archway motifs and apertures characteristic of the Edwardian era.

Finally, The Ingleburn’s strong geometric order takes its reference from the Federation arts and crafts style with brick detailing and heavy geometry.

[smartcode_project:default project_id=149097 project_image_fid=327661]

Woods Bagot interior design leader Cara Gabriel says a cohesive language has been developed between architecture and interiors, incorporating tactile, textured and subdued tones that complement the natural landscape.

“We wanted the apartments to have a sense of quiet luxury, to allow the residents to look outside and appreciate the nature they’re surrounded by,” says Gabriel.

“From an interiors perspective, it’s all about these framed views and their relationship to the outdoors that defines this project.”

[smartcode_project:default project_id=149097 project_image_fid=327643]

Each residence features authentic materials, generous proportions, and a return-to-craft approach, using Victorian and Tasmanian-based makers, from lighting designers to metalworkers and joiners.

“It was important to use a palette that exuded a sense of timelessness over trends,” adds Gabriel. “Colour and texture are expressed through the characteristics of the material itself, such as oak or walnut grain and veined natural stone, rather than an applied texture—it’s an honest materiality approach.”

[smartcode_project:default project_id=149097 project_image_fid=327655]

Belying its generous outlook, the precinct will appear recessive within its native context, consciously contrived to minimise bulk at street interface. Surrounded by a vegetated veil of established trees, the development will be sequestered from street view, adding to a sense of privacy and belonging.

With landscape architecture by Tract, the design team will retain 77 existing mature trees onsite during the development process, planting an additional 151 trees to create a verdant city sanctuary.

[smartcode_project:default project_id=149097 project_image_fid=327686]

Architects are also retaining and reviving the Serpentine Garden – a meandering brick pathway and molded garden designed by landscape architect Paul Thompson in 1976. In consultation with the original designer, Woods Bagot will celebrate the curvilinear geometry, creating a source of variation and intrigue in the journey into the heart of the site. &nbsp;

Scotch Hill Gardens is the first proposed carbon-neutral development for the City of Boroondara.

Catering to growing families and downsizers alike, the project will address the shortfall of housing supply in the Hawthorn area.

[smartcode_project_cta:default project_id=149097]

Which capital cities offer the best rental yields?

Property Observer

Editor's Picks

Developments

New apartments

New townhouses

News