Adelaide Apartments

Multi-billion dollar developer <a href="https://www.urban.com.au/developers/gurner">GURNERTM</a> – alongside joint venture partner Kennards Self Storage – has submitted plans to redevelop the Adelaide's former Australia Post site fronting Grote, Gouger and Blenheim Streets, into a world-class, $1b mixed-use precinct.

The plans will go before the State Commission Assessment Panel (SCAP) on Wednesday 8 November for consideration.

The proposed plans will deliver a new lifestyle destination for <a href="https://www.urban.com.au/developers/gurner">Adelaide</a>, one of Australia’s cultural epicentres. With a five-star hotel, 600 residential apartments, extensive retail, food &amp; beverage, wellness and recreation spaces, and a work club, the development is set to bring a new level of luxury to the city.

<img alt="Gurner" data-entity-type="file" data-entity-uuid="d1032ba2-a27c-4331-94b8-a82e14395df6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-11-02%20at%202.21.49%20pm.png?VersionId=T.lh5qDEmdx_ejSov47QquE7Frf3k1U3" />

The precinct has been designed with a long-time GURNERTM collaborator, Elenberg Fraser, who has previously designed some of the developer’s most iconic and successful projects being the multi- billion-dollar FV project in Brisbane and the award-winning 107 Cambridge Street in Collingwood.

The project will also become the new headquarters of Kennards in South Australia, and is set to boast retail space, self-storage units, as well as commercial and co-working spaces.

The proposed scheme includes: 
• Five world-class towers, luxury hotel and residential, ranging from 17 to 27 levels 
• A five-star 220 room hotel 
• Over 57,000sqm of residential floorspace featuring 600 apartments 
• 3,352sqm of destination retail, food &amp; beverage and 2,293sqm of commercial space 
• Over 3,000sqm premium recreation and wellness facilities 
• 513 car parks and 767 bike parking spaces for residents and visitors

In keeping with the Greener by <a href="https://www.urban.com.au/developers/gurner">GURNERTM</a> vision, the development features environmentally sustainable design to target a 5 Star Green Star Building certification, an inset energy network and a net-zero energy emissions outcome. With low cost, 100 percent renewable energy available, and an all-electric precinct, the development is set to be carbon neutral in operation.

The development is set to re-shape the Adelaide skyline and create a new landmark, celebrating lifestyle, wellness, local culture and the natural beauty of the Adelaide landscape, with each luxury tower surrounded by lush garden and extensive outdoor spaces.

Read more:&nbsp;<a href="https://www.urban.com.au/news/sa/gurner-to-develop-adelaide-super-site-into-125-billion-mixed-use-precinct">Gurner to develop Adelaide super site into $1.25 billion mixed-use precinct</a>

<img alt="Gurner" data-entity-type="file" data-entity-uuid="f9091485-ca25-42e7-9ac6-d7e7aa66e750" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-11-02%20at%202.21.45%20pm.png?VersionId=y7W7UMWFFUSjY4MSABkKDpTIhuN2PkUF" />

The public realm will be centred around a multi-level circular plaza, designed to embody the natural cenotes and landscape of South Australia, with hanging gardens, an atrium and a sky walk that allows visitors to cross the space above.

The port cochere will make for a grand entrance into the site, while the hotel component will sit atop a heritage façade as <a href="https://www.urban.com.au/developers/gurner">GURNERTM</a> continues its long-standing passion for retaining historical features, 
frameworks and floorplates.

The development signals a new era for the 1.7ha site, with the 24,000sqm six-level building originally constructed for Australia Post to sort and distribute mail near the CBD. The heritage features of the original facility have influenced Elenberg Fraser’s design, with the project set to pay homage to the original Australia Post site, whilst delivering a new level of amenity and lifestyle.

The inclusion of self-storage space alongside the <a href="https://www.urban.com.au/developers/gurner">GURNERTM</a> residences is a unique point-of- difference, particularly for downsizers looking to make the move to a new apartment residence from a large, furnished family home.

<img alt="Gurner" data-entity-type="file" data-entity-uuid="83b717fe-adde-4684-bf6a-9da2c4fe0340" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-11-02%20at%202.21.54%20pm.png?VersionId=V7iQhGIIlp2OD8X1y8LGxZzFcEau9crY" />

<a href="https://www.urban.com.au/developers/gurner">GURNERTM</a> CEO Tim Gurner said the first South Australian project is a significant milestone for <a href="https://www.urban.com.au/developers/gurner">GURNERTM</a>.

"We are extremely excited at the prospect of delivering an iconic Adelaide project that represents a never- before-seen level of luxury and amenity for the city," Gurner said.

“We are always looking for new opportunities to collaborate with remarkable partners. The combination of <a href="https://www.urban.com.au/developers/gurner">GURNERTM</a> and Kennards is incredibly unique and we look forward to working collaboratively with Sam and Kennards on the first of many projects together."

Gurner said the team have been profoundly inspired by the unique heritage features of the original site and the Adelaide city landscape.

"These existing elements have heavily influenced the project’s design features and the development represents a new and exciting chapter for the site."

Gurner says the&nbsp;world-class hotel and residential amenities, as well as state of the art retail, hospitality, health and wellness facilities, are reflective of their vision to create state-of-the-art spaces where people can live their best lives.

“We strive to ensure each project we create embraces the history of its setting, and draws inspiration from the world’s most fascinating cities. This project is no different, we have carefully considered the unique history of the site and its surrounds and used it as a platform to create something spectacular for future visitors to enjoy.

“As we’ve done with so many projects in the past, we’ll be retaining, restoring and celebrating the incredible heritage of the existing site, transforming the red brick façade into an amazing hotel lobby that will deliver a level of service and amenity not currently available."

The proposed plans will deliver a new lifestyle destination for Adelaide, one of Australia’s cultural epicentres



Joel Robinson

GURNER submits plans for $1 billion city-shaping Adelaide CBD project

Renewal SA has secured Adelaide's&nbsp;West End Brewery with the intention to create a $1 billion, mixed-use community with over 1,000 new homes.&nbsp;

The West End Brewery, which closed in June 2021 after 135 years of brewing operations at the site, is located on Port Road in Thebarton,&nbsp;an inner-western suburb of Adelaide.

The planned precinct will also present significant opportunities for commercial, hospitality, retail and government tenancies, which along with greenspace activations, will create a bustling new economy on the city’s fringe.

Renewal SA will act as master developer of the 8.4-hectare community and work in partnership with industry to deliver the project after being selected by Lion Beer Wine &amp; Spirits as its preferred proponent during a market expression of interest process.

Adoption of a government-led delivery model will provide widespread opportunities for private sector participation in planning, design, civil works, development, building and construction activities while ensuring best-for-state community outcomes.

Renewal SA has begun active discussions with the National Housing Finance and Investment Corporation (NHFIC) on funding opportunities specific to the ground-breaking Thebarton development in a bid to assist South Australians in their pursuit of home ownership.

This includes talks to form a bilateral agreement that would cut red tape for Community Housing Providers, identify areas of social and affordable housing need, unlock government land to assist delivery and expedite planning approvals.

Part of the development will likely be the adaptive&nbsp;reuse of the high-profile heritage buildings such as the Walkerville Brewhouse, and activation of the area around Colonial William Light’s first Adelaide home, as well as recognition of Kaurna culture.

Detailed master planning will inform the final land use mix and configuration of the new community, along with feedback from stakeholder and community consultation. It will be people-focused in its intent and aim to exemplify the seven Elements of Great Places–equity, identity, greenery, urbanity, mobility, wellness and resilience–as defined by the United Nations.

As part of its presale preparations, Lion lodged an application for a Code Amendment to rezone the land to a combination of Urban Corridor (Boulevard) and Open Space, which would allow for a myriad of future uses. The site is currently predominantly zoned for Strategic Employment.

Much of the site has already been cleared and remediated by Lion, meaning development can occur quickly. Renewal SA will commence detailed master planning early next year with civil works to follow that process. It will also begin gauging interest from private sector developers and investors, along with CHPs looking to partner with it on affordable rental projects in 2024.

Indicative timelines have construction and property sales starting in 2025, with the first residents moving in by 2027. Key civic spaces and public amenity will also be prioritised within the first stages of development.

Housing and Urban Development Minister Nick Champion said the strategic acquisition of the Brewery site solved a number of state government requirements while providing major scope to rigorously pursue its agenda to increase housing supply along key corridors.

“It is almost unheard of to get an infill site of this scale in any capital city, so we seized the opportunity,” Minister Champion said.

“It is our intention to create a world-class precinct – one which is a catalyst for further local investment and drives housing affordability. We will draw inspiration from other high-quality urban infill projects like Bowden.”

Renewal SA Chief Executive Chris Menz said extensive opportunities for development and construction industry partners to bring their specialist knowledge and innovative solutions to the project would be announced in the coming months.

“We will be looking to leverage the resources and expertise of the private sector including development partners, investors, designers, consultants and builders, to deliver this world-class vision.

“Renewal SA has solid experience in creating investment ready, well-planned, industry leading communities for the state and we intend to secure the most successful and proven development partners to deliver each component of the project – including residential, retail and commercial - through an open competitive process.

"We’ll be looking for the best of local and interstate experience and investment and it’s my firm view that great outcomes are achieved when government and private sector work hand-in-hand, which we have seen at the likes of Bowden, Tonsley Innovation District, and Playford Alive.”

The planned precinct will present significant opportunities for commercial, hospitality, retail and government tenancies, which along with greenspace activations, will create a bustling new economy on the city’s fringe.

Renewal SA to develop $1 billion precinct on Thebarton's West End Brewery site

ICD Property has signed a deal with globally-renowned SH Hotels &amp; Resorts – a sustainable hotel brand management company and affiliate of global private investment firm Starwood Capital Group – to bring the Treehouse Hotel brand to Adelaide's $400 million Market Square development.

Treehouse Hotels was chosen following a competitive hotel operator campaign to ensure the most appropriate and complementary offering was selected for the Market Square precinct.

The announcement comes as hundreds of global hotel delegates descend on Sydney for two high profile events, HICAP ANZ (Hotel Investment Conference Asia Pacific Australia New Zealand) and the No Vacancy Hotel and Accommodation Industry Expo.

[smartcode_project:default project_id=104946 project_image_fid=218791]

ICD Property Deputy Managing Director Sal Quah said this exciting collaboration will bring a new level of innovative design to the heart of Adelaide.

“Treehouse Hotel will create a one-of-a-kind hotel experience for Adelaide that blends seamlessly with the lively atmosphere of Market Square,” Quah said.

“Our strategic partnership with Treehouse Hotels reflects our shared commitment to providing an exceptional guest experience while minimising environmental impact.

“We worked closely with hotel consultant Axsia HTL on hotel positioning, design and integration within the mixed-use development, ensuring the best outcome for the project and Adelaide.

“Treehouse Hotel seamlessly harmonises with the diverse offerings of Market Square, creating a dynamic and convenient experience – guests can enjoy easy access to a vibrant retail scene, ensuring that everything they need is within reach, while visitors to the precinct will be able to enjoy the hotel’s restaurant and bar.”

[smartcode_project:default project_id=104946 project_image_fid=218792]

SH Hotels &amp; Resorts CEO Raul Leal said the Australian hotel market is the perfect setting for an original and upbeat lifestyle hotel.

“We were drawn to the history and the energy of the Adelaide Central Market precinct and we are thrilled to be part of its exciting future. We believe this partnership will elevate both Market Square and the hospitality industry as a whole,” Leal said.

“Treehouse Hotel at Market Square will creatively capture the carefree comfort, freedom and nostalgia of childhood that appeals to all of us.”

[smartcode_project:default project_id=104946 project_image_fid=218790]

City of Adelaide Lord Mayor, Dr Jane Lomax-Smith, said the addition of Treehouse Hotels to the Market Square precinct will provide immense benefits to the city.

“Market Square will generate local employment opportunities and long and short term accommodation to support the growth of the city,” Lomax-Smith said.

“This new 248-room hotel will not only attract tourists from near and far but will also contribute to the economic vitality of the city, positioning Adelaide as the ultimate destination in Australia.”

In addition to the 248 guest rooms and suites, the hotel will offer a restaurant and bar with outdoor seating, a street front café with local offerings, more than 500 sqm of indoor and outdoor event space and more than 230 sqm of high-quality fitness and wellness facilities.

The Market Square development will be delivered in stages with the expected completion of the commercial component in 2025, the retail area in 2026 and the residences across 2025 into 2026.

ICD Property Deputy Managing Director Sal Quah said this exciting collaboration will bring a new level of innovative design to the heart of Adelaide

Adelaide's Market Square to home Australia's first Treehouse Hotel

Adelaide's vibrant suburb of Norwood has long been sought-after for its eclectic charm and convenient location.

Nestled just a stone's throw away from the popular Norwood Parade and less than two kilometres from the city centre, Norwood Green is set to redefine luxury living in the coveted area, offering a diverse collection of townhouses and apartments.

Prospective homeowners can choose from one, two, and three-bedroom apartments and townhouses, each designed by Tectvs to offer a stylish and comfortable living experience.

[smartcode_project:default project_id=22648 project_image_fid=74417]

The apartments at Norwood Green boast an array of premium features and finishes that exude sophistication, with upgraded SMEG appliances and Caesarstone benchtops just some of the features.&nbsp;

The 2.7-metre ceilings in the living spaces and bedrooms create an open and airy atmosphere, while the large balconies create a seamless integration between indoor and outdoor living.&nbsp;

Comfort is at the forefront of Norwood Green's design, with ducted reverse cycle air conditioning ensuring year-round climate control. Secure car parking offers peace of mind to residents, while the choice of three schemes for flooring, including timber floorboards and 100 per cent wool carpets, allows for personalisation.&nbsp;

The development is characterised by its integration of landscaped green spaces with architectural design, fostering a sense of harmony between nature and modern living. Residents can enjoy the serenity of park settings right at their doorstep, providing a welcome escape from the hustle and bustle of the city.

[smartcode_project:default project_id=22648 project_image_fid=74420]

Norwood Green also boasts a diverse new retail precinct that adds vibrancy to the community. With an array of shops, cafes, and restaurants, residents have a wealth of options for dining, shopping, and entertainment within easy reach.&nbsp;

Catcorp and Buildtec have been engaged to handle the construction of Norwood Green, which is slated for completion by November 2024.&nbsp;

[smartcode_project_cta:default project_id=22648]

Norwood Green boasts a diverse new retail precinct that adds vibrancy to the community

alisonwarters@gmail.com

Norwood Green: Where lifestyle meets luxury in one of Adelaide's most desirable suburb

Renewal SA has recently announced its plans to purchase the former Adelaide Bus Station site on Franklin Street, which will be developed into a mixed-use site called Tapangka.

Tapangka, which is a Kaurna word that translates to journey, will aim to provide a new approach to city living, inspired by the journey of reconciliation, home ownership, sustainability, and collaboration between the city and the state.

The Adelaide City Council chose Renewal SA as the successful proponent of the 6,850 sqm site, with the group aiming to position the project as one of the most vibrant and inclusive residential developments and precincts in the state.

The project is set to deliver an unprecedented level of affordable housing in Adelaide's CBD, including a blend of long- and short-term housing options, contemporary commercial, civic, and retail spaces.

<img alt="Aerial image of the proposed Franklin Street site" data-entity-type="file" data-entity-uuid="ef320522-b33a-49f5-b751-cc6e7074ef5c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-05-05%20at%2011.55.28%20am_0.png?VersionId=dExzJD.ilJsUcOitH5SUzlpYYsGMmUkT" />Aerial image of the proposed Franklin Street site. Credit: Renewal SA

Renewal SA’s Manager of Reconciliation and Cultural Heritage, Kiran Dixon said Tapangka sits on the land of the Tarndanyungga, the place of the red kangaroo dreaming.&nbsp;

“This link to heritage will be celebrated in every aspect of Tapangka's development, from it’s planning and design, to it’s ongoing cultural life,” Dixon said.

Woods Bagot were engaged to design the precinct, which will consist of two mixed-use towers with around 392 apartments, accommodating more than 1,000 residents. At least 137 of the apartments (35%) will be affordable, including 51 affordable sale apartments and 86 affordable rental apartments.

With the Tapangka precinct the first CBD location to feature the emerging build-to-rent apartment model, the development will also include a 208-key hotel.

In addition to the apartments and hotel, the precinct will feature a central civic building that will be a place of entertainment, culture, and community. The building will showcase the best of sustainable construction and target carbon neutrality precinct-wide.

Woods Bagot’s Alex Hall said Adelaide is ready for a bold new approach to city living.

“The main attraction of Tapangka will be a signature carbon-neutral civic building. This building will be a place of entertainment, culture and community, and will nourish surrounding business,” Hall said.&nbsp;

Tree-lined laneways or "eat streets" will spill out onto the footpaths between Franklin and Grote streets, offering a combination of casual eateries and sit-down restaurant options both day and night. These streets will be surrounded by a backdrop of living green walls that will provide shade and cooling and mitigate the impacts of the heat-island effect.

<img alt="Render the proposed Franklin Street site" data-entity-type="file" data-entity-uuid="3e493062-131b-4935-92ab-f5b87e8a215d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-05-05%20at%2011.47.43%20am.png?VersionId=fxQTWTKiSwCmR8O2KqOcIiwqemQ.H.Tx" />Render the proposed "eat streets" within the Franklin Street site. Credit: Renewal SA

Renewal SA Chief Executive, Chris Menz said the site represents a significant economic opportunity for Adelaide and a chance to set a new benchmark for inner-city living.

“We have a target to deliver Adelaide’s first carbon neutral precinct, that will be focussed on connection, lifestyle, culture and growth for our city,” he said

“Tapangka will feature a diverse mix of long and short-term housing options. The precinct will also be a new place to do business, featuring a range of flexible commercial spaces, and crucially it will extend and compliment the Adelaide’s central market experience, and increase visitation to the city.”

The development will also feature extensive public art throughout Tapangka, celebrating the Kaurna culture, and a public open space owned by the City of Adelaide along Grote and Bowen streets will undergo a $1.2 million upgrade by the state as part of the development.

The multi-million-dollar development will become a significant jobs driver for South Australia, with more than 1,300 jobs expected to be generated during the construction period alone. The project will also contribute more than $161 million of Gross Value Add to the state.

Renewal SA has a proven track record of shaping cities and precincts, including urban infill redevelopment at Bowden and the adaptive reuse of the former Mitsubishi car plant in Adelaide's south to create Tonsley Innovation District.

Construction of the Tapangka precinct will be staged and is expected to commence in early 2026 with opportunities for designers, developers and builders to participate in the project. Project completion is anticipated by 2029.

[smartcode_project_cta:default project_id=139948]

Former Adelaide Bus Station earmarked for major mixed-use redevelopment 

Sydney developers JWDT Land are set to make a name for themselves in Adelaide in a ground-breaking fashion.

Future Urban, on behalf of the east-coast locals, has lodged plans for a mammoth 55-storey mixed-use development in the heart of the city, with the plans for 207-209 Pulteney Street on track to be Adelaide’s tallest tower.

The joint venture between developers, Jinwei and Datong, will eclipse&nbsp;the city’s current tallest building – The Crowne Plaza on Frome Street – by 18 levels, with the proposed 180 metre tall tower to deliver a collection of residential apartments, along with ground floor lobby and public dining space, small office/home office (SOHO) apartments, conference facilities, hotel accommodation, and a range of shared-use amenity space.&nbsp;

The tower would eclipse the city’s current tallest building – The Crowne Plaza on Frome Street – by 18 levels, with the proposed 180 metre tall tower to deliver a collection of residential apartments, along with ground floor lobby and public dining space, small office/home office (SOHO) apartments, conference facilities, hotel accommodation, and a range of shared-use amenity space.&nbsp;

Located on the southwest corner of Pulteney and Flinders Streets, the project will include a podium and sheer glazed tower, with two large recesses articulating the tower’s form, activated by shared amenity spaces.&nbsp;

The ground floor west facade is set back to provide a covered porte cochere for hotel drop-off and access to the above-ground car parking, with the porte cochere featuring landscaping, seating, and lighting that visually connect the space to the hotel entry foyer and lounge.

The podium will be approximately 37 metres tall, with the view to referencing existing buildings of this scale within the precinct.

Level one of the podium comprises car parking, hotel/residential loading areas as well as apartment storage and bike parking with change room facilities.&nbsp;

Levels two to seven will accommodate car parking and double height SOHO apartments that extend along the full Pulteney Street frontage and part of the Flinders Street frontage.&nbsp;

A double height shared terrace is located centrally on the eastern frontage on level six, while levels eight and 9 are full car parking levels, with conference facilities located on level 10.&nbsp;

The hotel rooms will feature across levels 13 to 20, with apartments from levels 22 to 50 and penthouses on levels 51 to 53.&nbsp;

Along with a string of hotel amenities, residents will also benefit from a triple height shared residential terrace on level 21, along with a Sky Lounge on level 50.&nbsp;

The hotel amenity terrace atop the podium will feature an array of restaurants, fronting both Flinders and Pulteney Streets, along with a pool and a spa.&nbsp;

The residential terrace will feature a communal lounge, cinema room, shared kitchen and dining area, kids play area and a landscape terrace with a variety of seating areas. An additional west facing terrace also features on the level, with landscaped planters, a variety of seating areas and a bookable multifunction room.&nbsp;

Sydney developers lodge plans for Adelaide’s tallest tower

Multi-billion-dollar developer Gurner has continued its expansion across the Australian residential market, securing its first South Australian site through a joint venture with Kennards Self Storage, the site&rsquo;s existing landholder.

When complete, the 1.7-hectare site at 237 Grote Street will comprise more than 750 residences with six-star amenity across four towers, a five-star hotel, over 15,000 sqm in retail and commercial space, an entertainment and recreation component and a public plaza, with an estimated end value of $1.25 billion.

With an estimated end value of $1.25 billion, the site will keep inline with the group&#39;s industry-leading Greener by Gurner initiative, making Gurner&#39;s first project in Adelaide carbon-neutral.&nbsp;&nbsp;

[smartcode_project:default project_id=2484 project_image_fid=40832]

It will also become the headquarters of Kennards in South Australia, complete with cutting-edge technological inclusions, retail stores, self-storage units, as well as enterprise and coworking spaces.

Part of the 1.7-hectare site is a 24,000 sqm six-level building originally constructed for Australia Post to sort and distribute mail near the CBD, but as letter volumes reduced, it was finally put on the market. &nbsp;

The strategic partnership between the two groups &ndash; the first of its kind in the self-storage space &ndash; will see Kennards repurpose the former Australia Post building into next-generation storage facility, which will be seamlessly integrated into the master plan.

Gurner CEO, Tim Gurner said the group will bring its vision to life for an iconic mixed-use, residential, self-storage and commercial office super-site across 11,000 sqm of prime development land.

&ldquo;This is an incredible site, and we could not be happier to be partnering with such iconic Australian success stories in Kennards and Sam, to bring a shared vision for the development to life &ndash; we&rsquo;ll be creating something very ambitious, something that hasn&rsquo;t been done before in this sector,&rdquo; he said.

[smartcode_project:default project_id=3530 project_image_fid=21377]

The announcement of the new project is a timely one for Adelaide, which was named the third-most liveable city in the world according to The Economist Intelligence Unit&rsquo;s Global Liveability Index for 2021, as CBD living, luxury property and amenity-rich projects continue to be favoured by owner occupiers and downsizers alike.

&ldquo;The main focus of this city-changing site will be a transformative public realm, that will become a key attraction for Adelaide CBD,&rdquo; Gurner added.

While there is no permit in place on the site, which has three street frontages on Grote Street, Gouger Street and Blenheim Street, Kennards Self Storage CEO, Sam Kennard commented on the current zoning and planning controls, allowing Gurner and Kennards Self Storage to proceed with a transformative mixed-use development.

[smartcode_project:default project_id=5117 project_image_fid=165555]

&ldquo;Originally we had identified an opportunity to re-purpose the existing building into self-storage and planned to subdivide and sell the surplus land, but COVID allowed us the time to take pause and reflect, and we soon realised the site had the potential to become a city-shaping project,&rdquo; Kennard said.

A design competition is currently underway to appoint a lead architect, and the development application is expected to be lodged in late 2022.

The announcement of the new project is a timely one for Adelaide, which was named the third-most liveable city in the world according to The Economist Intelligence Unit’s Global Liveability Index for 2021.



Gurner to develop Adelaide super site into $1.25 billion mixed-use precinct

Norwood Green, located in Norwood, one of Adelaide&#39;s most popular suburbs, is set to be home to 111, one two and three-bedroom apartments, and a number of four-bedroom townhouses.

The Catcorp development was designed by the team at Tectvs and will also play host to a number of retail offerings, including an Aldi, as well as private and public open spaces.

Located&nbsp;just a short walk to Norwood Parade and less than two kilometres from&nbsp;the CBD, Tectvs took the approach of melding landscaped green spaces with architectural design.

[smartcode_project:default project_id=22648 project_image_fid=74422]

Norwood Green apartments comprise of one, two and three-bedroom apartments with car parks, across five six-storey buildings, arranged around a communal private village green.

The industrial history of the site informs the aesthetic of the building facades, and sustainability features such as solar panels to the community area and apartments add to its appeal.

[smartcode_project:default project_id=22648 project_image_fid=74420]

Prices start as low as $369,000 for certain one-bedroom apartments with two-bedroom apartments starting at&nbsp;$502,000.

Norwood Green&#39;s&nbsp;final release of the&nbsp;Beulah townhouses will take place in 2022 with all previous townhomes already sold out.

[smartcode_project_cta: project_id=22648]

Norwood Green, located in one of Adelaide's most popular suburbs, Norwood will be home to 111, one two and three bedroom apartments and four-bedroom townhouses

jordan_55689

Catcorp's affordable Norwood Green apartment and townhouse development for sale in Adelaide

EXPERT OBSERVER

Adelaide is the best story in Australian real estate that never gets told. It&rsquo;s our most under-rated market and one that is delivering big time to those smart enough to see its potential.

For any investor who likes great value for money, high rental yields driven by ultra-low vacancy rates and great potential for growth underpinned by a rising economy, then Adelaide needs to be on their list of prime considerations.

My latest quarterly survey of sales activity and prices confirms that Adelaide is the big improver among the city markets. The previous quarterly survey found a record number of rising markets, but this new survey has topped that by a big margin.

Two-thirds of suburbs across the Adelaide metropolitan area now have rising sales activity. The number of rising markets identified in my five most recent quarterly surveys have been 52 62 93 104 125.

The continued rise of the Adelaide market has been led by several municipalities which increased the number of rising suburbs in this survey: Charles Sturt, Campbelltown, Tea Tree Gully, Marion, Onkaparinga, Mitcham, Holdfast Bay and Playford.

[smartcode_project:default project_id=6124 project_image_fid=26465]

But the leading LGA continues to be Port Adelaide Enfield, which has 14 suburbs with rising sales activity, including Blair Athol, Broadview, Croydon Park, Greenacres, Klemzig, North Haven, Windsor Gardens and Royal Park.

Close behind is the City of Marion, where the number of rising suburbs has increased from 8 to 13 in this latest survey. Growth markets include Park Holme, Plympton Park, Glengowrie, Dover Gardens, Mitchell Park and Morphettville.

Another big improver is Charles Sturt, where the number of upwardly-mobile suburbs has jumped from 6 to 12.&nbsp; Tea Tree Gully has almost matched that, with 11 rising suburbs, compared to 6 three months ago.

The LGA of Onkaparinga in the far south of Adelaide continues to feature, with 10 suburbs with improving sales activity, led by Happy Valley with quarterly sales of 38 54 60 79.

[smartcode_project:default project_id=6082 project_image_fid=37152]

There is growing demand in the affordable regions in Adelaide&rsquo;s north: the Playford LGA has rising sales activity in 12 of its 13 suburbs, while nearby Salisbury has 9 rising suburbs.

In the Playford LGA, quarterly sales in Andrews Farm have been 42 54 63 88 while Blakeview has recorded 38 46 49 48 54 67. In the Salisbury LGA, Mawson Lakes has recorded 67 80 87 115 122 and Paralowie has done 41 72 62 80 101.

Other improvers include the LGAs of Campbelltown (7 growth suburbs), Burnside (5), Holdfast Bay (5) and Mitcham (7). In the suburb of Campbelltown, quarterly sales have been 56 60 66 66 86 80 97, while in Somerton Park in Holdfast Bay sales have been 31 40 41 45 59.

Overall, there are 12 municipalities across the Adelaide metro area with at least five growth suburbs.

Prices in Adelaide have responded to the steady uplift in the number of rising suburbs, with 90% of locations across the city recording increases in their median house prices over the past 12 months. A similar number have risen in the most recent quarter.

[smartcode_project:default project_id=27695 project_image_fid=133698]

The most prolific municipality for price growth is the Onkaparinga LGA, noted earlier as an area with growth in the number of suburbs with rising activity: 12 suburbs in this LGA have delivered double-digit growth in their median house prices, led by Seaford (up 19% to $420,000) and Huntfield Heights (up 17% to $335,000). Most of these growth markets have median house prices below $450,000.

The Port Adelaide-Enfield, the leading LGA for the number of rising suburbs based on sales activity, is also seeing strong growth in median prices. Dernancourt ($530,000) and Largs Bay ($655,000) have both increased 18%, while Largs North ($515,000) has grown 17% and Kilburn ($475,000) 16%.

Charles Sturt, noted earlier as an LGA where the number of rising markets has doubled, has good price growth, headed by Henley Beach South (up 20% to $1,060,000), Brompton (up 18% to $595,000) and Grange (up 16% to $830,000).

[smartcode_project:default project_id=27233 project_image_fid=80673]

Suburbs with strong price uplift are distributed right across the Adelaide metropolitan area. Notable performance has occurred in Seacliff (Holdfast Bay), up 25% to $865,000; Toorak Gardens (Burnside), up 23% to $1,600,000; Craigburn Farm (Mitcham), up 22% to $860,000; Lockleys (West Torrens), up 24% to $810,000; and Fullarton (Unley), up 21% to $1,105,000).

In the cheaper areas of the city, Salisbury Downs ($355,000), Salisbury Heights ($455,000), Elizabeth Downs ($210,000) and Munno Para ($295,000) have all risen 16-17%.

But the No.1 suburb for annual growth in median house prices is Walkerville, which has increased 31% to $1,490,000.

Two-thirds of suburbs across the Adelaide metropolitan area now have rising sales activity

terryryder

The rise and rise of Adelaide's property market: Hotspotting's Terry Ryder

The $250 million redevelopment on the former Le Cornu site at North Adelaide has been given planning approval.

The State Commission Assessment Panel (SCAP) approved construction of three apartment towers set above two levels of retail, hospitality and commercial space at 88 O&rsquo;Connell St.

The tallest tower will be 15 storeys, the highest building outside of the Adelaide CBD.

<a href="/new-apartments/eighty-eight-o-connell-88-oconnell-street-north-adelaide"><img alt="" height="836" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/88_2.jpg" width="1200" /></a> 
Source: City of Adelaide

The other two buildings will be 13 levels.

The 7560sq m site is set to be developed by Commercial &amp; General in a joint venture with Adelaide City Council, which paid $34 million for the site in 2017.

Each of the towers will have four penthouse apartments with rooftop pools above another 180 apartments.&nbsp;

They will comprise 28 one-bedroom, 125 two-bedroom and 19 three-bedroom apartments across the three towers.

<a href="/new-apartments/eighty-eight-o-connell-88-oconnell-street-north-adelaide"><img alt="" height="824" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/88_-_3.jpg" width="1200" /></a> 
Source: City of Adelaide

Three split-levels of basement parking will include 394 spaces.

The Adelaide Advertiser reported site works have started for a display apartment which is expected to open in September.

Commercial &amp; General executive chairman Jamie McClurg noted the site had been a blank canvas &quot;sitting there for the majority of my adult life just waiting to be done.&rdquo;&nbsp;

[smartcode_project_cta: project_id=93746]

The tallest tower of 15 storeys will be the highest building outside of the Adelaide CBD

Adelaide Apartments

Editor's Picks

Have something to contribute?

The latest real estate & off the plan properties & news, delivered to your inbox.

Developments

New apartments

New townhouses

News

The latest real estate & off the plan properties & news, delivered to your inbox.

Adelaide Apartments

Editor's Picks

Receive the latest news stories to your inbox

Have something to contribute?

The latest real estate & off the plan properties & news, delivered to your inbox.

Developments

New apartments

New townhouses

News

The latest real estate & off the plan properties & news, delivered to your inbox.