GURNER

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GURNER and Wingate have announced they intend developing a 13,000 sqm Budds Beach, Gold Coast site which had previously been earmarked as Ralan’s Sapphire project.

It will be a $600m mixed-use inland precinct at 112 Ferny Avenue, Surfers Paradise.

The proposal is for a multi-tower offering with high-end residential, family-focused resort living, hotel, retail and hospitality and potentially build to rent apartments.

The site is currently permitted for 999 apartments over 90 levels, so the new scheme will result in a reduction of apartments from Ralan to around 600 offerings over a series of stages.

[smartcode_project:default project_id=6515]

Wingate was Ralan’s main finance partner until Ralan collapsed in 2019 with $560 million debts.

The rectangular site bordered by the Ferny, Norfolk, Pine, Oak avenues will be GURNER’s third Queensland project after the developer completed its $500m FV project in 2019. 

The developer also announced a <a href="https://www.urban.com.au/news/gurner-submits-60-million-port-douglas-development-plans-for-the-creation-hotel-and-residence">project for Port Douglas</a>.

“We have been looking at the Gold Coast and Sunshine Coast for a considerable amount of time, but we wanted to find a site that would allow us to do something really special and not just ‘another tower’ on the Gold Coast,” said founder and director, Tim Gurner.

[smartcode_project:default project_id=84861]

“I believe the Gold Coast is about to have its largest market run in history as Australians realise just how spectacular our eastern seaboard coastline is, and are more motivated than ever before to invest and live in a coastal destination.

Wingate managing director of property, Mark Harrison said the joint venture presented "deep alignment of interests" between the two entities.

“This latest venture will allow Wingate to build upon our significant track record of funding more than $12 billion of property over the past decade,” he said.

Another Ralan Surfers Paradise project, Ruby, which included the Paradise Resort, was acquired by hotelier Jerry Schwartz in late 2019.
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The Gold Coast site had previously been earmarked as Ralan’s Sapphire project.



jchancellor

Gurner to create $600 million mixed-use tower in Surfers Paradise

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The Melbourne-based property developer GURNERTM has secured St Kilda's well known Cushion Lounge and has lodged $35 million plans to create what will be the first in a series of new concept hotels under the Club Maison brand.

Club Maison will provide ultra-luxury boutique short and long-stay accomodation.

Gurner, who paid $2.25 million for the 99 Fitzroy Street building, has had the Sydney HQ'd Warren and Mahoney Architects draw up plans for the first concept hotel, with 25 rooms across six levels. There will be hotel facilities such as a swimming pool and outdoor dining space.

<img alt="" height="1200" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/club_maison_gurner_2.jpg" width="1200">

From Fitzroy Street, where there will be a commercial space facing the street, it will look like the building has just three levels.

The design takes its cues from the Palazzo della Civilta Italiana in Rome and Mondadori building in Milan, with huge arched windows lining the façade, while exposed concrete, brick and steel in repeating curvilinear forms pay homage to Fitzroy Street’s iconic buildings including The George, Brooklawn Mansion and the neighbouring St Kilda terrace homes.

<img alt="" height="1600" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/club_maison_facade_3.jpg" width="1200">

GURNERTM founder and director, Tim Gurner said the Club Maison concept would become an exciting way forward for our brand, carving out a niche in an asset class that is not strictly residential.

“When you look at the successful business model of Soho House in London and New York, we want to take a similar approach and apply it at a local scale.

“Our Club Maison buildings will offer discerning Australians a private club experience with long and short term stays, private and public amenity and a very big focus on world-class hospitality offerings.

“These projects will become long-term investments for us as we look to strategically hold more assets across our portfolio into the future,” he said.

The developer confirmed it had adopted an aggressive acquisition mindset throughout 2020 and plans to acquire 12 to 15 sites of varying scale across the country within the coming 12 to 18 months.

“We are aggressively looking for further sites as the business continues to diversify and grow,” said Gurner.

The site is located just metres from the developer’s first landmark St Kilda project, Saint Moritz, which secured a record penthouse sale last year.

“Saint Moritz really re-invigorated my love for St Kilda – we are excited about the opportunities here and I believe St Kilda is really just at the beginning of a once-in-a- generation transformation."
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Gurner has had the Sydney HQ'd Warren and Mahoney Architects draw up plans for the first concept hotel, with 25 rooms across six levels.



Joel Robinson

Gurner buys St Kilda's Cushion Lounge, lodges plans for first Club Maison project

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The Melbourne developer GURNER and fund manager Qualitas have announced a partnership to enter the multi-family housing sector.
They will soon launch of capital raising for a dedicated build-to-rent fund with three seed projects in the works with total value of over $1 billion and 1,200 plus apartments.
GURNER and Qualitas aim to become the largest multi-family housing players over the next one to two years.
In September Gurner announced a strategic agreement with the private real estate financier for an equity allocation of up to $150 million on residential apartment projects.
Gurner's decision to partner with Qualities comes six months after Tim Gurner labelled the emerging sector a "stupid model" and warned that institutional investors like Blackstone and Greystar would wipe out mum-and-dad investors.
However he has since qualified the comments that came in a spat with Melbourne Lord Mayor Sally Capp who'd suggested that BTR was a great way of delivering affordable housing.
Gurner maintains the asset class was about delivering a premium product and compelling returns to investors.
He told The Australian Financial Review a significant reduction in apartment supply, falling interest rates, and land tax breaks and incentives introduced in NSW and Victoria this year specifically would make returns "very attractive".
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j.ballantyne1990-6AQqhLzZaK

Melbourne developer Gurner and Qualitas seek to be Australia's largest muti-family housing player

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Construction of a $280 million luxury residential and retail precinct is underway in <a href="https://www.urban.com.au/developments/collingwood-vic-3066">Collingwood</a>. The development will see nine buildings of different materials and heights juxtaposed together, bordered by four Collingwood streets including Cambridge Street, Victoria Parade, Derby Street and Wellington Street.

<a href="https://www.urban.com.au/buildings/victoria-vine-1-57-wellington-street-collingwood">Victoria &amp; Vine</a> has been consciously designed to pay homage to the site’s historical neighbour – the Foy and Gibson precinct. The 19th and early 20th-century complex is noted as a heritage building and was constructed by renowned architect William Pitt in 1887. The design of Victoria &amp; Vine will feature similar aesthetic features including reclaimed brickwork, industrial masonry, metal-framed windows, floor-to-ceiling glass voids and more.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2019-06-13_at_10.53.44_am.png" rel="gallery-all" title="Foy &amp; Gibson. Credit: Sydney Morning Herald"><img alt="" class="image-article-full-width-580px" height="326" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/screen_shot_2019-06-13_at_10.53.44_am.png?itok=dvLN67E1" title="Foy &amp; Gibson. Credit: Sydney Morning Herald" width="580"></a>

<figcaption>Foy &amp; Gibson. Credit: Sydney Morning Herald</figcaption></figure><figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/gurn9993_wellington_marketing_ea01_retail_south.jpg" rel="gallery-all" title="Credit: Cox Architecture"><img alt="Credit: GURNER™ + Floodslicer" class="image-article-full-width-580px" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/gurn9993_wellington_marketing_ea01_retail_south.jpg?itok=7S7eqmiS" style="width: 580px; height: 290px;" title="Credit: Cox Architecture"></a>

<figcaption>Credit: GURNER™ + Floodslicer</figcaption></figure>The Cox Architecture-designed building also draws influence from New York’s Meatpacking District and will embody a warehouse-style structural design to seamlessly blend into Collingwood’s rich history of industrial factories and historic overlay.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/1024px-meatpacking_district_4546163360_81d5f0f55b_crop.jpg" rel="gallery-all" title="A warehouse in NYC's Meatpacking District. Credit: La Citta Vita; via Wikipedia"><img alt="" class="image-article-full-width-580px" height="448" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/1024px-meatpacking_district_4546163360_81d5f0f55b_crop.jpg?itok=6FC292KI" title="A warehouse in NYC's Meatpacking District. Credit: La Citta Vita; via Wikipedia" width="580"></a>

<figcaption>A warehouse in NYC's Meatpacking District. Credit: La Citta Vita; via Wikipedia</figcaption></figure>Generously sized residences will feature 1- to 5-bedroom configurations, priced from $475,000, through to high-end penthouses ranging from $980,000 to $7,500,000.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/gurn10330_victoria_vine_in02_penthouse_1802_living.jpg" rel="gallery-all" title="Credit: Cox Architecture"><img alt="GURNER™ + Floodslicer" class="image-article-full-width-580px" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/styles/article_full_width_580px/public/pictures/article-images/gurn10330_victoria_vine_in02_penthouse_1802_living.jpg?itok=RsO6HCz4" style="width: 580px; height: 276px;" title="Credit: Cox Architecture"></a>

<figcaption>Credit: GURNER™ + Floodslicer</figcaption></figure>Given the vast sprawl of the development, the 200m street frontage will be filled by 11 retail tenancies including food and beverage offerings.

Rising up four levels of each tower will feature 4,500 square metres of resident amenity – also known as the V&amp;V Private Club.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/gurn9993_wellington_marketing_ea04_sky_club_pool.jpg" rel="gallery-all" title="Credit: Cox Architecture"><img alt="Credit: GURNER™ + Floodslicer" class="image-article-full-width-580px" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/gurn9993_wellington_marketing_ea04_sky_club_pool.jpg?itok=07T9lwlX" style="width: 580px; height: 326px;" title="Credit: Cox Architecture"></a>

<figcaption>Credit: GURNER™ + Floodslicer</figcaption></figure><h2>V&amp;V Private Club will include:</h2>

<ul>
<li>Health club</li>
	<li>Rooftop lounge</li>
	<li>Spa retreats</li>
	<li>Private dining facilities</li>
	<li>Infinity pool and sundeck</li>
	<li>Outdoor cinema</li>
	<li>Co-working space</li>
	<li>Business lounge</li>
	<li>NYC-inspired bar</li>
	<li>Library</li>
	<li>Teppanyaki bar</li>
</ul>
The luxury-focused design aims to cater to the owner-occupier and downsizer market.

<blockquote>
“We want this building to be a legacy for Collingwood and make a positive lasting contribution not only to the surrounding urban landscape but to Collingwood’s inspired retail and hospitality culture, too.”
</blockquote>

- Tim Gurner, CEO of <a href="https://www.urban.com.au/developers/gurner">GURNER™</a>

<div class="rtecenter">PREVIOUS DEVELOPMENTS BY GURNER™</div>

<div class="rtecenter"><a href="https://www.urban.com.au/news/live-like-royalty-in-a-5-million-st-kilda-apartment">SAINT MORITZ</a></div>

<div class="rtecenter"><a href="https://www.urban.com.au/buildings/albert-place-7-bowen-crescent-south-melbourne">ALBERT PLACE</a></div>

<div class="rtecenter"><a href="https://www.urban.com.au/buildings/the-flatiron-179-alfred-street-fortitude-valley">FV</a></div>
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Olivia Round

Luxury in Collingwood: A new Cox Architecture-designed precinct to transform an entire suburb block

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Gurner has secured 95% in sales of its $480 million Saint Moritz development in St Kilda.
There have been sales of 127 residences some 15 months ahead of the projected timeline.
The developer will now bring forward the commencement of construction from the end of 2020, to Q3 this year, with the builder and major construction lender expected to be announced in the coming weeks.
The first two of the three buildings, Pacific House and Azura, are 100 percent sold out.
The third building, Grand Esplanade, which offers absolute-beachfront views over the Esplanade, was quietly launched over the past six weeks, with only six residences remaining.
Gurner and its development partner Greg Shand had planned to retain the remaining six residences but have since decided to release the residences.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/5/30/GURN10030_The%20Esplanade_EL03_Skyline%20Building%20C_Marina.jpg" alt="">
These final residences are priced from $3.75million to $14,750,000.
With Grand Esplanade averaging sale prices of over $8 million, Tim Gurner said there had been "huge" numbers of amalgamations of large residences into ultra-luxury penthouses with a number of the sizes well over 500sqm of internal space.
The trend has seen the total number of residences reduced from around 150 initially to 133, and an average price per residence of $4.5 million.
“ We have been totally humbled by the incredible response from the market and cannot express how excited we are to see our vision come to life over the next two years as the project is commenced and completed,” said Tim Gurner.
“ This is a once-in-a-lifetime project for me and the team; we had an ambitious vision for the project to create the world’s best ultra-luxury residential precinct to rival anything around the world and now we get to deliver this amazing dream.
“ Countless advisors told me I was mad to launch a project of this scale when the market was still reeling from negativity. It was hard to block out all the noise but I’m so glad we did because the market has really understood what we are trying to do and not only embraced it but loved it and ensured its success.
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“ By far our best sales advocates have been our own buyers – almost every single buyer referred one or two friends so as word quickly spread, the momentum was phenomenal, where we were signing 5-10 contracts a day at one point.
“I knew there was a market for ultra-luxury residences on an international scale akin to London or New York, but I had no idea just how deep it went when the product is right.
“ Our buyers have been predominantly business identities in their 40s – 60s who lead a truly international lifestyle. They stay in the best hotels, dine in the world’s best restaurants and so naturally expect the world’s best for their home.
“ Until now this discerning demographic had not had any reason to move from their luxury mansions and apartments in Toorak, Albert Park, St Kilda or Brighton, because there was nothing on the market that could offer the lifestyle they were seeking.
“ Perhaps more importantly, there was nowhere that could guarantee an entire building of like-minded owner occupiers, rather than investors. In the end this proved a huge point of difference.
“ The whole experience has been surreal – it’s a time in my life and within the business that I’ll never forget. Now our focus will turn to delivering this masterpiece,” he said.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/5/30/GURN10030_The_Esplanade_IN50_BLD%20C_Penthouse_Pool%20%20Terrace.jpg" alt="">
Saint Moritz’s sell-out has been bolstered by an additional $10 million from the sale of the project’s Chairman’s Lounge suites, 20 private business suites priced at approximately $500,000 each, equipped with reception, bar, boardroom and meeting rooms surrounding by 20 bespoke Chairman’s lounges they provide the ultimate discretion for the many wealthy business identities that will soon call the building home.
Saint Moritz has been designed by Fender Katsalidis and Koichi Takada Architects, with interior designer David Hicks crafting the interiors, and Jack Merlo the oasis-style landscapes.
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Just six apartments left as Gurner secures $480 million in sales at Saint Moritz

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Known for their ultra-luxurious residences, <a href="https://www.urban.com.au/developers/gurner">GURNER™</a> will be making their debut into the hotel market, with plans for a New York-inspired 4.5 star hotel <a href="https://www.urban.com.au/developments/collingwood-vic-3066">development in Collingwood</a>.

The $120 million multi-use development will feature 95 luxury residential inspired hotel rooms, as well as 65 high-end residential apartments, and 700 square meters of ground floor retail.

<a href="https://www.urban.com.au/developers/gurner">GURNER™</a> aims to deliver year-round hotel services to residents to ensure all on-site amenities are offered across the board, meaning owner-occupiers can enjoy valet parking, right through to turn down and room service as they please.

This unique offering was born out of a synergistic partnership between <a href="https://www.urban.com.au/developers/gurner">GURNER™</a> and hospitality group Veriu, whose goals and visions aligned perfectly.

<blockquote>
“We will maintain close control over the concepts, design and experiences within the hotels which is why we have partnered with Veriu as the operator; their vision is closely aligned with ours to deliver high-end boutique hotels of a world-class standard.” 
</blockquote>

- Tim Gurner, founder and CEO of GURNER™

The design process is still underway with plans expected to be submitted late 2019, however, <a href="https://www.urban.com.au/developers/gurner">GURNER™</a> have eluded that the development will reference elements of Kit Kemp’s opulent Crosby Street Hotel in Manhattan, drawing inspiration from Kemp's bold, colourful luxe spaces. 

Located in central Collingwood at <a href="/buildings/atelier-22-33-johnston-street-collingwood">23-33 Johnson Street</a>, and across from the <a href="https://creative.vic.gov.au/showcase/co-working-and-collaboration/collingwood-arts-precinct">Cultural Arts Precinct</a> (designed by <a href="https://www.urban.com.au/architects/fieldwork">Fieldwork</a> + <a href="http://sbla.net.au/about-1">SBLA studio</a>), the goal is to attract travellers and visitors outside the CBD to embrace the wonderful arts and culture Collingwood has to offer.

Tim Gurner has personally delivered over 20 developments in the Collingwood area, with plans for even more residential buildings to be delivered in the near future.

<blockquote>
“[I] feel such an affinity for the area, but development sites here are becoming increasingly challenging to acquire so our strategic move into hotels will allow us to retain ownership in these assets into the future.” 
</blockquote>

- Tim Gurner, founder and CEO of GURNER™

<h2>OTHER COLLINGWOOD DEVELOPMENTS BY GURNER™</h2>

<a href="https://www.urban.com.au/buildings/107-cambridge-street-collingwood">107 Cambridge Street</a>

Architect: <a href="https://www.urban.com.au/architects/fraser-partners-0">Elenberg Fraser</a>

Status: Complete

<figure><img alt="" class="image-article-full-width-580px" height="380" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/107_cambridge_street_collingwood.jpg?itok=bnRSoxBu" title="107 Cambridge Street" width="580">

<figcaption>107 Cambridge Street</figcaption></figure><a href="https://www.urban.com.au/buildings/28-stanley-street-collingwood">24-28 Stanley Street</a>

Architect:<a href="https://www.urban.com.au/architects/warren-and-mahoney"> Warren and Mahoney</a> 
Status: Completed

<figure><img alt="" class="image-article-full-width-580px" height="326" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/24-28_stanley_street_collingwood.jpg?itok=cOgLgqav" title="24-28 Stanley Street" width="580">

<figcaption>24-28 Stanley Street</figcaption></figure><a href="https://www.urban.com.au/buildings/victoria-vine-1-57-wellington-street-collingwood">1-35 Wellington Street</a>

Architect: <a href="https://www.urban.com.au/architects/koichi-takada-architects">Koichi Takada Architects</a> 
Status: Concept stage

<figure><img alt="" class="image-article-full-width-580px" height="346" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/1-35_wellington_street_collingwood.jpg?itok=ZxrYDXfy" title="1-35 Wellington Street" width="580">

<figcaption>1-35 Wellington Street</figcaption></figure><a href="https://www.urban.com.au/buildings/e-s-smith-368-374-smith-street-collingwood">368-374 Smith Street</a>

Architect: <a href="https://www.urban.com.au/architects/warren-and-mahoney">Warren and Mahoney</a> 
Status: Approved

<figure><img alt="" class="image-article-full-width-580px" height="327" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/368-374_smith_street_collingwood.jpg?itok=WHOARnd6" title="368-374 Smith Street" width="580">

<figcaption>368-374 Smith Street</figcaption></figure><a href="https://www.urban.com.au/buildings/victoria-vine-1-57-wellington-street-collingwood">1-57 Wellington Street</a>

Architect: <a href="https://www.urban.com.au/architects/cox-architecture">Cox Architecture</a> 
Status: Approved

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/1-57_wellington_street_collingwood_0.jpg" rel="gallery-all" title="1-57 Wellington Street"><img alt="" class="image-article-full-width-580px" height="382" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/1-57_wellington_street_collingwood_0.jpg?itok=3bIrmIWj" title="1-57 Wellington Street" width="580"></a>

<figcaption>1-57 Wellington Street</figcaption></figure>
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GURNER™ makes first foray into hotel industry with New York-inspired Collingwood development

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Last week, GURNER™ unveiled the first designs its most ambitious project to date - the $550m '<a href="/buildings/saint-moritz-st-kilda-14-16-the-esplanade-st-kilda">Saint Moritz</a>' - located on a high-profile 6,000 sqm site at 14-16 The Esplanade, once occupied by the the Saint Moritz Ice Rink.

Now home of the Novotel Hotel the site will be transformed into three, ultra-luxurious 8-storey towers comprising 120 apartments in total as part of a vision for creating "the world’s most exclusive and opulent residential addresses, featuring amenities for residents that exceed standards set in the most luxurious hotels in the world." 

GURNER™ has engaged Fender Katsalidis and Koichi Takada Architects to amend the permitted plans for the site, which has a long history on Urban.com.au - we <a href="https://www.urban.com.au/news/a-new-beginning-for-st-kildas-novotel">first reported on plans</a> for the site four years ago to the day.

Fender Katsalidis will assume the role of lead architect for the development while Koichi Takada Architects is responsible for the design of one of the three buildings, providing the development with design diversity.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public//pictures/article-images/novotel_redevelopment.png" rel="gallery-all" title="Render of previous permitted development for the site. Image: Metier3"><img alt="" class="image-article-full-width-580px" height="367" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/novotel_redevelopment.png?itok=JcZ-x8W0" title="Render of previous permitted development for the site. Image: Metier3" width="580"></a>

<figcaption>Render of previous permitted development for the site. Image: Metier3</figcaption></figure>Under revised plans for the site, the number of apartments has been reduced from 240 down to 120 across three buildings - up from the permitted two - set amongst oasis-style landscapes designed by Jack Merlo.

The first of the three buildings, Pacific House, is set to launch to the public in June this year, and will feature 45 residences with an average price-point of $4m and interiors by David Hicks.

A $30 million 650sqm penthouse will sit atop Pacific House complete with two private pools, seven bedrooms, a seven car private garage with direct access lift, four living rooms, in-home sauna, gym and 150sqm outdoor terrace offering panoramic views of the bay stretching to the city skyline.

The double-storey penthouse was recently snapped up by a high-profile Melbourne family and in the process has smashed Melbourne’s price record for the most expensive apartment sale. The sale, contracted off-market prior to the development’s public launch has achieved an unprecedented rate of $40,000 per square metre. The price is 20 per cent higher than the previous Melbourne record and is the second highest in Australia, second only to the $40m record price achieved for an apartment in Sydney.

According to GURNER™ founder and director TIm Gurner, they are currently designing another penthouse in the second building that will be priced in the vicinity of $25m to $30m in response to the successful sale and demand for such a unique offering.

This will be launched as part of the ‘Penthouse Collection,' comprising ten residences across the three buildings priced from $5million up to $25million-plus. 

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public//pictures/article-images/in22_-_bld_a_-_penthouse_pool_terrace.jpg" rel="gallery-all" title="The pool terrace of the $30m penthouse. Image: GURNER™"><img alt="" class="image-article-full-width-580px" height="348" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/in22_-_bld_a_-_penthouse_pool_terrace.jpg?itok=Y-jE2kjJ" title="The pool terrace of the $30m penthouse. Image: GURNER™" width="580"></a>

<figcaption>The pool terrace of the $30m penthouse in Pacific House. Image: GURNER™</figcaption></figure><blockquote>
We believe the luxury end of the market has been waiting for something like this to come along, with significant depth and demand for the right project offering the right level of luxury.

Our vision for Saint Moritz was to reimagine luxury living in Australia, looking to the world’s most iconic luxury waterfront developments to create something that will never be repeated again.

This is without a doubt the most ambitious and luxurious development we have ever created and I will ensure personally that every miniscule detail of this project is delivered to far exceed expectations.

Karl Fender describes the design as ‘invisible design’ - a timeless masterpiece, with curves inspired by the sand and waves of the bay that will stand the test of time.

(The) penthouse has been designed to be the best in Australia and arguably one of the best in the world.

We initially designed the penthouse with a floorplan of over 1,300sqm and an even bigger price-tag however the early feedback we have received from our local and international clientele was that a penthouse of this size would be too big even for them.

We had no intention of selling the prized penthouse until the launch, but once word got out we were swamped with interested buyers – all local Melbourne identities who quickly realised this will be Melbourne’s and arguably Australia’s best residential address. 

We had five interested buyers and two quickly became very competitive. We worked with the successful buyer to design and customise the penthouse with them before formalising the sale – a process that has now been completed.

- Tim Gurner, GURNER™ founder and director
</blockquote>
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Laurence Dragomir

GURNER™ reimagines luxury living in St Kilda with sale of $30m penthouse

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26-56 Queens Parade has found planning resolution, with developer GURNER gaining approval via VCAT for the site which still remains steeped in controversy.

The success at VCAT comes after a marathon planning stint, seeing local discontent, intervention from Victorian Planning Minister Richard Wynne and ultimately VCAT deciding call. The Fitzroy North site can now progress to redevelopment for the purposes of 263 dwellings over the sprawling site.

Buildings of eight, nine and 10 storeys are approved, a far cry from the much denser 16 storey development that initially went to planning with 476 apartments in tow.

26-56 Queens Parade's path to approval was stymied after Victorian Planning Minister Richard Wynne intervened three days prior to the project's initial VCAT hearing, restricting any development over the site to 10 storeys.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public//pictures/article-images/image26_9.jpg" rel="gallery-all" title="26-56 Queens Parade. Image: Cox Architecture"><img alt="" class="image-article-full-width-580px" height="314" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/image26_9.jpg?itok=8lsjv6CB" title="26-56 Queens Parade. Image: Cox Architecture" width="580"></a>

<figcaption>26-56 Queens Parade. Image: Cox Architecture</figcaption></figure>In a strongly worded press release, the developer has insinuated that the move by the Planning Minister was a politically motivated exercise, owing to the development falling within the minister's electorate. Ultimately GURNER cycled through a handful of planning sets and two architects prior to finding approval.

26-56 Queens Parade and nearby developments have been vehemently opposed by residents action groups such as Protect Fitzroy North.

With approval in the pocket, developer Tim Gurner has gone on the offensive once more, berating the planning process.

<blockquote>
It has been a challenging process for us but in terms of the actual effect on the project it is insignificant compared to the costs incurred by Council, taxpayers and other stakeholders.

For the Minister to claim that a project is of State Significance to warrant intervention and waste so much time and money for an outcome that represents just a 9 percent reduction in massing is ludicrous, however we are pleased with the outcome and believe this new design will deliver on our vision a world-class precinct for the area.

We held information sessions which the locals boycotted, then accused us of being closed to discussion – it was an intense period and one that we had never encountered before.

It is imperative that strategic planning is not affected by political intervention, particularly when the Planning Minister is conflicted and using his political power to influence planning matters in in his own electorate, when developers are acting within the Minister’s own planning guidelines.
</blockquote>

Comment was sought from the Planning Minister but no response was received prior to publishing.

Further project particulars see a 450 square metre central public place which includes dining and retail spaces. GURNER and Cox Architecture's approved scheme includes 23,250 square metres of Net Sellable Area and two basement levels.

GURNER have indicated the project will initiate sales during 2019 with construction also expected to begin the same year.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public//pictures/article-images/image31_12.jpg" rel="gallery-all" title="Site aerial and new street level finish. Images: Yarra City Council and GURNER"><img alt="" class="image-article-full-width-580px" height="272" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/image31_12.jpg?itok=v9B7GiQf" title="Site aerial and new street level finish. Images: Yarra City Council and GURNER" width="580"></a>

<figcaption>Site aerial and new street level finish. Images: Yarra City Council and GURNER</figcaption></figure>Diagonally opposite the freshly approved site, GURNER is also pushing the merits of another site at planning. A new mixed-use building at 81-89 Queens Parade is planned, accounting for a 3,201 square metre triangular site that also fronts George Street.

Cox Architecture was also tasked with design duties, including a 1,732 square metre supermarket at ground level, 4,074 square metres of commercial office space and 110 serviced apartments.

If Gurner chooses to operate the serviced apartment component directly, it would represent the developer's first foray into the field. 81-89 Queens Parade's cost of development is estimated to be just shy of $30 million.
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silvermb

Resentment remains as GURNER gains approval for Queens Parade

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Property developer Tim Gurner reportedly secured a sellout at his recent Spanish Club Residences launch in Fitzroy.
The 32 Johnston Street apartments were priced from $525,000 to $2.65 million.
The three hour sales spree grossed $35 million in sales for the apartments above the Spanish Club.
The Gurner development of The Spanish Club in Fitzroy was approved by VCAT as a result of Supreme Court win earlier last year.
The sellout came three years after the project was first submitted for approval.
The 787sqm site will include a new Spanish bar and restaurant and clubhouse facilities for The Spanish Club at ground level.
The project was designed by Warren and Mahony to incorporate Spanish-inspired interiors.
The club was originally called The Spanish Roman Catholic Mission, before later being renamed ‘Hogar Español’ meaning Spanish home.
The club quickly grew to become a home away from home for hundreds of Spanish immigrants settling in Australia in the late 50s and early 60s, and over the years it evolved to offer extensive social and education opportunities for the Spanish and wider community.
 
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Gurner sells $35 million in Spanish Club sellout

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A new high-density precinct fronting Fitzroy North's Queens Parade is taking shape.

Developer Gurner is mid way through the planing process for a new mixed-use building at 81-89 Queens Parade. It along with Gurner's 26-56 Queens Parade and Development Victoria's pending renewal of the adjoining Gasworks site makes for three large-scale developments in close proximity to one another.

81-89 Queens Parade is the latest development to break cover, accounting for a 3,201 square metre triangular site that also fronts George Street.

Expected within the Cox Architecture designed scheme is a 1,732 square metre supermarket at ground level, 4,074 square metres of commercial office space and 110 serviced apartments. If Gurner chooses to operate the serviced apartment component directly, it would represent the developer's first foray into the field.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image45_9.jpg" rel="gallery-all" title="Vivid interplay on Swanston &amp; Grattan. Image: Woods Bagot"><img alt="" class="image-article-full-width-580px" height="356" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image17_21.jpg?itok=8eNYxlEa" title="Queens Parade perspective. Planning image: Cox Architecture" width="580"></a></figure>Laden with greenery and featuring terrace-sized balconies, 81-89 Queens Parade would account for a single storey brick building onsite that is now used for warehouse and commercial purposes. The intended development effectively covers the entirety of the site and sits above two basement levels for 153 vehicles and 72 bicycles.

81-89 Queens Parade's cost of development is estimated to be just shy of $30 million.

Also the work of Cox Architecture, Gurner's 26-56 Queens Parade has maintained a high public profile since's its initial planning submission. Originally a Koichi Takada Architects design, the twin 16-storey buildings proposed were heavily altered after Planning Minister Richard Wynne imposed a 10 storey height limit across the site.

Still at planning, the redesigned project is aiming for 281 apartments and 14 townhouses, although this figure will be dwarfed by the numbers touted for Fitzroy North's Gasworks site at 111 Queens Parade.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image45_9.jpg" rel="gallery-all" title="Vivid interplay on Swanston &amp; Grattan. Image: Woods Bagot"><img alt="" class="image-article-full-width-580px" height="356" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image17_17_0.jpg?itok=8eNYxlEa" title="Queens Parade perspective. Planning image: Cox Architecture" width="580"></a></figure>Located directly opposite 81-89 Queens Parade, the former Gasworks site which also fronts Smith Street is being positioned by Development Victoria as "a mixed-use village comprising a variety of housing types, community facilities and open space".

Indicative massing for the site suggests six separate buildings are in the offing, ranging up to 14 storeys, with one slated as a vertical sporting and education facility.

The former Gasworks is considered ideal for development as opposed to purely open space due to the significant cost of remediating the site. Currently planning necessities such as formal rezoning is taking place, with site remediation and a period of community engagement expected later this year.

Development Victoria's <a href="https://developmentvictoria.engagementhub.com.au/fitzroy-gasworks">timeline for the project</a> has construction commencing at the back end of 2020, raising the prospect that thousands of new dwellings may be at construction simultaneously across the three major sites that form Fitzroy North's newest development precinct.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/image45_9.jpg" rel="gallery-all" title="Vivid interplay on Swanston &amp; Grattan. Image: Woods Bagot"><img alt="" class="image-article-full-width-580px" height="356" src="/sites/urban.melbourne/files/styles/article_full_width_580px/public/pictures/article-images/image31_7.jpg?itok=8eNYxlEa" title="Massing and use. Image: Development Victoria" width="580"></a></figure>
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