Diversified New Zealand developer <a href="https://www.urban.com.au/developers/safari-group">Safari Group</a> has introduced a gateway for investors and homeowners to the "adrenaline capital" of &nbsp;New Zealand, situated in the picturesque suburb of Frankton.

Safari's apartment development, Mountain Oak Apartments, will be located in Frankton’s masterplanned precinct, Remarkables Park, offering a mix of 141 apartments ranging in size from 49 sqm to 249 sqm.

The development includes 36 one-bedroom and one-bedroom flexi apartments, 40 two-bedroom and two-bedroom flexi apartments, four three-bedroom apartments, three penthouses, and four private entry apartments.

Dual-key apartments—comprising two separate residences held under one title—are also available.

Its location ensures residents and visitors are just a short drive from popular slopes like Coronet Peak and Cardrona Alpine Resort.&nbsp;

Additionally, the development capitalises on its proximity to essential facilities, including the airport and extensive retail and dining precincts such as Market Street, Five Mile Shopping Centre, and Remarkables Market.

The historic village of Arrowtown, known for its rich gold rush history and scenic trail network, is also just a 30-minute drive away, offering an alternative destination for history and nature enthusiasts.

<img alt="Safari Group’s Mountain Oak Apartments living area" data-entity-type="file" data-entity-uuid="957d1777-8b2b-420e-8a81-f22b75151b85" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/313_Living_WEB.jpg?VersionId=3LglY20Jp_MAzQYdvwODRWvtjL.cZcqI" />

Frankton is a burgeoning area located just seven kilometres from Queenstown’s bustling centre. While Queenstown is a popular year-round holiday destination, its busiest season runs from mid-June to mid-September, coinciding with the snow season.

"It peaks all year round, in both winter for skiing and snowboarding, and summer for hiking, cycling, and water sports," said Safari Group Senior Development Manager Josh Van Veen.

Queenstown’s popularity ensures consistent high demand for short-term visitor accommodations, holiday homes, and residences for long-term tourism workers.

"There is high demand for both tourist and residential living, coupled with a shortage of housing options and limited supply for both renters and home buyers," Van Veen said.

After New Zealand locals, Australians are the second most active buyers in the New Zealand property market. They are particularly drawn to Queenstown’s ski fields due to their affordability and investment potential.

Unlike Australia, New Zealand does not impose stamp or transfer duty on property purchases, saving Australian buyers a minimum of four per cent compared to similar transactions at home.

Safari Group has calculated that the average annual gross return for a Mountain Oak Apartment operating as visitor accommodation is 7.43 per cent.

"Queenstown properties generally offer good returns on investment, making this an excellent opportunity for investors to either dip their toes into property investment or expand their portfolios," Van Veen said.

<img alt="Safari Group’s Mountain Oak Apartments dining area" data-entity-type="file" data-entity-uuid="b24ce18d-f4e3-4b9e-9a01-a6173cdcd5b4" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/313_Livingv2_WEB.jpg?VersionId=nV229fM0ZeYpoxOrX372HyGjfwY_LR8c" />

Mountain Oak has been designed with this flexibility in mind, offering buyers multiple options. Buyers can opt for long-term rental management to cater to Queenstown's tourism and hospitality workforce or short-term visitor accommodation management to leverage the region’s thriving tourism market.&nbsp;

Buyers can use either the Safari management service, or find their own management provider - this is not something they have to decide straight away.&nbsp;

The Safari short-term accommodation option includes comprehensive services such as cleaning, administration, and 24/7 on-site guest support, providing a hassle-free investment experience.

For homebuyers seeking a permanent residence, Mountain Oak offers spacious apartments with expansive windows that frame breathtaking views of The Remarkables mountain range.

The apartments feature modern amenities, including electronic key-locked front doors, acoustically treated flooring, and underfloor heating in bathrooms, ensuring secure and comfortable living in the Alps.

Kitchens are equipped with premium Fisher &amp; Paykel and Haier appliances, complemented by luxurious yet durable engineered or porcelain benchtops and splashbacks.&nbsp;

Residents can choose between light and dark interior colour schemes to suit their preferences.

One-bedroom apartments at Mountain Oak start from NZ$639,000 (AU$586,000).

Queenstown’s popularity ensures consistent high demand for short-term visitor accommodations, holiday homes, and residences for long-term tourism workers

Joel Robinson

Safari Group’s Mountain Oak Apartments brings new investment potential to Queenstown

Aurora On Depper, St Lucia: Construction Update

Aurora On Depper, nestled in the prestigious suburb of St Lucia, Queensland, is shaping up as one of the most anticipated townhouse developments in the area. As construction progresses, this boutique project is on track to deliver modern, luxurious homes designed to complement the vibrant lifestyle St Lucia is known for.

In a recent update from Angus Mac of AKAM Constructions and Huw Feeney of Dust Group, we got an inside look at the latest developments on-site. Here’s what’s happening as Aurora On Depper approaches completion:

&lt;p&gt;&lt;iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/YkN_oofa-f4?si=RA3Hv9FYeCPkKicC" title="YouTube video player" width="560"&gt;&lt;/iframe&gt;&lt;/p&gt;

<h3>Project Milestones So Far:</h3>

<ul>
	<li>Townhouses 1–4: Roof installations are complete, with framing, external cladding, and service rough-ins underway.</li>
	<li>Townhouse 5: External cladding is fully installed, doors are fitted, and the team is preparing for interior sheeting.</li>
	<li>Building 2 – Level 1: Windows and doors are installed, insulation is in place, and sheeting work has commenced.</li>
	<li>Building 2 – Level 2: Electrical and plumbing rough-ins are complete, and waterproofing is set to begin next week.</li>
	<li>Exterior Progress: Painting is finished at the back of Building 2, with scaffolding removal planned for late January, marking a significant visual transformation.</li>
</ul>

[smartcode_project:default project_id=145923 project_image_fid=287623]

<h3>Why Aurora On Depper Stands Out</h3>

Architectural Excellence 
Aurora On Depper combines contemporary design with thoughtful layouts, ensuring every townhouse maximises space, light, and comfort.

Location Perks 
Situated in the heart of St Lucia, this development offers unparalleled access to top-tier education, including The University of Queensland, lush green spaces, and a vibrant local dining and shopping scene.

Premium Finishes 
Each townhouse is crafted with meticulous attention to detail, featuring modern interiors, quality materials, and a seamless blend of indoor and outdoor living.

[smartcode_project:default project_id=145923 project_image_fid=287617]

<h3>Completion Timeline</h3>

The development team is focused on cladding and interior works to ensure the project remains on schedule. Buyers can look forward to moving into a completed, polished product that sets a new benchmark for townhome living in St Lucia.

Aurora On Depper represents more than just a property purchase—it’s a lifestyle investment in one of Brisbane’s most desirable suburbs. Whether you’re an owner-occupier or a savvy investor, this project offers an exceptional opportunity to secure a stunning home in an unbeatable location.

[smartcode_project:default project_id=145923 project_image_fid=287615]

Ready to learn more? Stay tuned for future updates and don’t miss your chance to secure your dream home at Aurora On Depper!

[smartcode_project_cta:default project_id=145923]

Watch the video tour of Aurora On Depper, St Lucia's construction update with Angus Mac of AKAM Constructions and Huw Feeney of Dust Group.

Urban Editorial

Aurora On Depper, St Lucia: Construction Update

<h3>R.Iconic: A Lifestyle-First Masterpiece in Melbourne</h3>

When considering purchasing a property at R.Iconic, it’s impossible to overlook the development’s unique blend of luxury, lifestyle, and location. This landmark project by R.Corporation isn’t just a residential offering—it’s a complete lifestyle experience designed for discerning buyers who want it all.

Michael Searle from R.Corporation sat down with Urban.com.au CEO Mike Bird to discuss what makes R.Iconic such an outstanding choice for buyers. Here are the key highlights that capture why this development stands out in Melbourne’s competitive property market.

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<h3>1. Breathtaking, Protected Views</h3>

Step onto the balcony of any R.Iconic residence, and you’ll be greeted by sweeping views of Port Phillip Bay, stretching to the Mornington Peninsula. Unlike many inner-city properties, these views are protected by zoning regulations, ensuring they remain unobstructed for life.

This not only enhances the day-to-day experience for residents but also secures the long-term value of the property—making R.Iconic an investment as stunning as it is practical.

[smartcode_project:default project_id=5234 project_image_fid=215072]

<h3>2. Unmatched Location</h3>

R.Iconic offers the best of Melbourne living. Just 1.5 kilometres from Collins Street, it’s a short tram ride or walk from the city centre. Meanwhile, the beach, South Melbourne Market, and world-class dining are minutes away, creating a perfect balance between urban convenience and beachside tranquillity.

As Michael Searle explains, “You’ve got this sort of inner-city living, but with a beachside feel. You’re close to all the culture, dining, shopping, and sporting events that Melbourne is famous for, while still enjoying a quieter, more relaxed neighbourhood vibe.”

[smartcode_project:default project_id=5234 project_image_fid=215077]

<h3>3. Lifestyle-Enhancing Amenities</h3>

At R.Iconic, luxury goes beyond the walls of each residence. The development boasts a suite of amenities designed to enhance your lifestyle:

<ul>
	<li>A year-round heated pool and sauna</li>
	<li>A fully equipped gymnasium and running track</li>
	<li>A cinema and dining pavilions</li>
	<li>An acre of gardens designed by Paul Bangay on the fifth floor</li>
	<li>A convenient on-site Coles Local and Liquorland</li>
</ul>

For premium residents—those in the penthouses and townhouses—the Horizon Lounge offers an exclusive retreat with 270° views, a full kitchen, and a luxurious space for hosting special occasions.

[smartcode_project:default project_id=5234 project_image_fid=233906]

<h3>Luxury Residences Tailored to You</h3>

R.Iconic offers a range of luxury residences, each designed with sophistication and comfort in mind:

<ul>
	<li>
	Penthouses and Sub-Penthouses 
	These stunning homes, priced between $2.1 million and $6.3 million, offer 140 to nearly 300 square metres of living space. Elegant interiors by David Hicks feature Gaggenau appliances, marble finishes, and sunlit balconies with panoramic views.
	</li>
	<li>
	Townhouses 
	Inspired by Melbourne’s iconic Victorian terraces, these three-level homes offer private street-level entrances, double garages, and the same high-end finishes as the penthouses.
	</li>
</ul>

Each residence is crafted with meticulous attention to detail, from the spacious hallways to the high ceilings and premium finishes.

[smartcode_project:default project_id=5234 project_image_fid=298021]

<h3>A Completed Project You Can Experience</h3>

One of the standout advantages of R.Iconic is that it’s already complete. Buyers can visit the development and experience the quality, layout, and lifestyle firsthand—something that’s often difficult to imagine from renders alone.

As Mike Bird noted during his tour, “The width of the hallways, the height of the ceilings, and the overall design speak to the thoughtfulness and quality of the development. R.Iconic has prioritised buyer needs, delivering a product that truly stands out.”

[smartcode_project_cta:default project_id=5234]

Watch the video interview with Michael Searle from R.Corporation as he discusses what makes R.Iconic such an outstanding choice for buyers. 

R.Iconic: A Lifestyle-First Masterpiece in Melbourne

Following the success of Archibald by ALAND, developer <a href="https://www.urban.com.au/developers/aland">ALAND</a>&nbsp;has unveiled its latest Gosford project.

Amalfi by ALAND – a mixed-use project with 506 apartments and 9,530 sqm of retail space will rise from 50-70 Mann Street, formerly the home of&nbsp;Frogys roller-skating. Frogys was demolished in 2017, and the site has been vacant since that time.

ALAND plans to bring a vibrant Mediterranean-style development to <a href="https://www.urban.com.au/developments/gosford-nsw-2250">Gosford</a> CBD with Amalfi by ALAND – a cluster of three oval-shaped glass towers that will feature a mixture of one, two and three-bedroom apartments, plus an exclusive collection of four-bedroom ‘Sky Homes’.

The residential component of Amalfi By ALAND will sit atop a commercial podium that will contain a supermarket, a café and a destination restaurant. Each of the towers will feature a residents-only rooftop swimming pool.

ALAND CEO George Tadrosse says that Amalfi by ALAND builds on the success at Archibald By ALAND, a major residential, hospitality and lifestyle development nearing completion on nearby Donnison Street. Nearly all of the 327 apartments at Archibald by ALAND are sold.

“The response to our Archibald development from the Gosford community has been quite overwhelming,” Tadrosse said.

“Demand for the apartments was so strong that many people missed out, so those buyers now have a further opportunity to secure a high-quality brand-new ALAND apartment just around the corner.”

[smartcode_project:default project_id=134670 project_image_fid=215487]

Tadrosse says that Amalfi By ALAND underscores ALAND’s ongoing commitment to Gosford, an attractive, well-located regional city that is poised for significant economic growth over the next few years.

“We’ve already demonstrated our strong belief in Gosford and the Central Coast by completing the iconic Archibald precinct, which contains 327 apartments, six hospitality venues and 130 voco® hotel rooms.

“Amalfi By ALAND is the next chapter in the story of Gosford’s transformation, offering superior open-plan apartments and a number of special features such as glass-screened balconies and rooftop swimming pools.”

Today’s announcement was welcomed by the Member for Gosford, Liesl Tesch MP, who says that Amalfi by ALAND will help reinforce Gosford’s reputation as the “vibrant and thriving” capital of the Central Coast.

“Thank you to ALAND, who are so committed to investing in Gosford’s future,” she said. “The future of Gosford is being built today, and I cannot wait to see what ALAND’s Amalfi project has in store.”

Gosford is earmarked for significant public and private investment over the next decade, with several major projects recently completed, such as the $348 million Gosford Hospital redevelopment, and several new ones, including the $63.8 million University of Newcastle Gosford Campus, in the pipeline.

By 2041 the population of the Central Coast is expected to grow by 100,000, while the local economy will generate 55,000 new jobs over the same period.

First look: ALAND reveals latest Gosford mixed-use development, Amalfi by ALAND

<a href="https://www.urban.com.au/developers/coff-property-group">Coff Property Group</a> has secured approval for its $46 million townhouse project in Prahran.&nbsp;

The development is a partnership between Coff PropertyGroup and Monark Property Partners, a non-bank lender with over $1 billion in funds under management.&nbsp;

The Stonnington Council’s approval process has been remarkably swift, an impressive turnaround for a project of this scale on a small side street.

There will be 17 townhouses on a 2,200 sqm site at 113–115 Chomley Street - a rare addition to <a href="https://www.urban.com.au/developments/prahran-vic-3181">Prahran</a>'s apartment-dominated market.

“Prahran is a place that is dear to our team, and we’re committed to ensuring what we do with this site will contribute positively to this cherished neighbourhood,” Adam Coff said.

Expected to be priced between $2.35 million and $3.2 million, the residences will add much-needed stock to the inner south market and will benefit from recent stamp duty changes announced by the Victorian Government, and were designed as an urban retreat with three-metre high ceilings, private gardens, open living spaces, private internal elevators and rooftop terraces.

Each townhouse is limited to two or three levels, with a single-level basement providing two parking spaces per residence to reduce street congestion.&nbsp;

The ground floor features an open living, dining and kitchen area that extends to a private terrace.

Select residences will have north-facing exposure and city views from third-floor balconies and will be enhanced by private individual elevators from the side-by-side lockable garages.

Designed in collaboration with <a href="https://www.urban.com.au/architects/cera-stribley-architects">Cera Stribley Architects</a> and Andrew Panton Design, the project takes inspiration from Prahran’s urban and eclectic character while incorporating modernist design elements and prioritising green spaces and community integration.&nbsp;

Materials such as bricks and metal detailing have been selected to create a contemporary yet understated aesthetic.&nbsp;

The development is divided into three clusters, allowing for landscaped spaces that maintain the residential scale of Chomley Street and soften the visual impact of the buildings.

Landscaping includes private gardens, deep soil planting, and a shared green pathway designed to enhance the streetscape and provide a more open feel compared to the existing structures on the site.

<img alt="Coff" data-entity-type="file" data-entity-uuid="910b170f-29fb-442b-9a10-a4485fff09a8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-12-17%20082834.png?VersionId=N60beEvGI3z0mxs8I.lSxi_5tCg0o4Qp" />

Located near High Street, the site offers excellent connectivity to local amenities. Residents will be within walking distance of some of Melbourne’s best parks, cafés, and restaurants, with Toorak Park and Victoria Gardens nearby.&nbsp;

The site is also a short drive from St Kilda Beach and approximately 30 minutes from the CBD.

The development will join other notable projects in the area, including <a href="https://www.urban.com.au/developers/kincrest">Kincrest</a>'s parkside development The Osment, which is set to launch next year.

<a href="https://www.urban.com.au/new-apartments/the-osment-prahran-3-7-grattan-street-prahran">The Osment</a> will bring 22 two, three and four-bedroom apartments across a seven-level building at 3-7 Grattan Street, a site with a 35-metre frontage to the popular Prahran park.

The mixed-use plans by <a href="https://www.urban.com.au/architects/cheah-saw-architecture">Cheah Saw Architecture</a> will include two levels of strata offices and a ground-floor cafe and retail space that will face the park.

GPT sells Norton Plaza for $153 million

Staff reporter

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