Due to unique circumstances surrounding the release of The Grand Residences Eastlakes apartments, there is now a rare opportunity for home buyers and investors to secure a foothold in Sydney’s coveted Eastern Suburbs property market.

Located above the Eastlakes Shopping Centre on Evans Avenue, these apartments were developed by the renowned Crown Group, which initially retained around one-third of the units following their off the plan and post-completion sales campaigns.

However, after a shareholder dispute led to Crown Group entering provisional liquidation in August 2023, the remaining apartments have been re-released to the market at a price point that is unmatched in the new apartment market of the Eastern Suburbs.

Now being sold by receivers and managers BDO, the final selection of apartments is available, offering one, two, and three-bedroom units ranging from $745,000 to $1,675,000.

<h2>Receiver Warranty Bonus</h2>

A key advantage for buyers is that, as part of the receiver sale, all apartments at The Grand Residences Eastlakes come with an extended warranty.

[smartcode_project:default project_id=7652 project_image_fid=262583]

In a typical direct purchase from a developer, buyers usually have a 90-day window to identify any defects in the apartment. However, under the current arrangement with BDO, new buyers will receive an extended warranty that covers them from the settlement date through to June 30, 2025.

This added warranty provides peace of mind for buyers, especially since there have been no remediation orders or significant issues with the building since its completion in 2022.

The warranty covers all internal fixtures and fittings, including light fittings, taps, carpets, joinery, and other details, for all available apartments, including those that have previously been rented.

<h2>Value Proposition</h2>

There are no true comparable apartments in Eastlakes, or even the surrounding suburbs, that match the quality, design, and finishes found at <a href="https://www.urban.com.au/buildings/the-grand-residences-eastlakes-16-evans-avenue-eastlakes">The Grand Residences</a>. Completed as Crown Group’s final development before its liquidation, these apartments set a new benchmark for luxury in the area.

[smartcode_project:default project_id=7652 project_image_fid=291043]

<a href="https://www.urban.com.au/developers/crown-group">Crown Group</a> has long been synonymous with exceptional quality, having delivered iconic projects such as Arc by Crown in the Sydney CBD, Infinity Square at Green Square, and Waterfall by Crown in Sydney—all of which have earned multiple industry awards over the years.

The Grand Residences feature spacious floorplans, floor-to-ceiling glass doors that open onto large balconies, and kitchens equipped with high-end SMEG appliances and sleek stone island benches in the larger apartments.

<h2>Location &amp; Amenities</h2>

n true Crown Group style, the amenities at The Grand Residences are a standout feature, with the 25-metre heated pool serving as the centrepiece. Additional highlights include a well-equipped gym, an impressive rooftop deck with alfresco dining areas, built-in barbecue facilities, and a TV zone. From the rooftop, residents can enjoy expansive views back towards the city.

[smartcode_project:default project_id=7652 project_image_fid=262600]

Each apartment comes with secure parking, and select units feature separate studies, catering to the diverse needs of buyers. Strategically located for easy access to Sydney’s CBD, popular beaches, and key amenities, The Grand Residences is positioned at the edge of the city’s thriving inner-east, close to vibrant neighbourhoods like Rosebery and Alexandria. The surrounding area offers a dynamic mix of cultural attractions, including the renowned Cannery café and dining precinct, along with supermarkets, specialty stores, and essential services.

Since its launch, the development has attracted steady interest from first home buyers, downsizers, and investors, drawn to the area’s strong rental yields and growing property values.

As the final apartments are sold, <a href="https://www.urban.com.au/project-marketer/mcgrath-projects">McGrath Projects</a> and Crown Property Agency are overseeing the sell-down process, with several fully furnished display units now available for viewing.

[smartcode_project_cta:default project_id=7652]

Under the current arrangement with BDO, new buyers will receive an extended warranty that covers them from the settlement date through to June 30, 2025

Joel Robinson

Receiver sale with extended warranty: The added benefits of buying at The Grand Residences Eastlakes

Pymble has long been regarded as one of the North Shore's best suburbs.

Dominated by large house estates and most popular with families given the proximity to some of Sydney's best schools, Pymble is an affluent, family-friendly suburb offering a peaceful, suburban lifestyle.

The best street?&nbsp;<a href="https://www.urban.com.au/projects/5-7-telegraph-road-pymble" target="">Telegraph Road</a>.

There have been nine sales over $5 million in the last five years. The street record was set earlier this year when a 2021-built home sold for just over $8 million.

Telegraph Road delivers the best of <a href="https://www.urban.com.au/developments/pymble-nsw-2073">Pymble</a>, a leafy street with large estate, but with the added value of close proximity to the Pacific Highway and Mona Vale Road.

At the Eastern end of Telegraph Road, local developer <a href="https://www.urban.com.au/developers/harvie-group">Harvie Group</a> secured over 3,000 sqm and is delivering <a href="https://www.urban.com.au/new-townhouses/coachwood-pymble-76-telegraph-road-pymble">Coachwood</a>, some of the only townhouses in the suburb.

[smartcode_project:default project_id=146554 project_image_fid=296344]

Of the 4,000 homes in Pymble, less than 100 are a townhouse, the last census showed.

The rarity of such a development hasn't been lost on locals, with three of the 10 townhouses already snapped up.

The townhouses have been designed to cater for the downsizer. Each have three bedrooms, three bathrooms, a fireplace, and outdoor enteratining areas.

Some residences offer the buyer to include a private lift.

[smartcode_project:default project_id=146554 project_image_fid=296345]

Future residents of Coachwood will be a short walk from&nbsp;local boutiques, cafés, and restaurants, which are increasing in number.

Public transport options are also easily accessible, with Pymble Train Station just minutes away.

Down the road is the&nbsp;Dalrymple-Hay Nature Reserve, where the Browns Forest loop trail offers an unspoilt walking experience amid the Blue Gum forest, and the&nbsp;revered Pymble Golf Club is a five-minute drive.

Bobbin Head, located 18 minutes away, provides further opportunities for outdoor activities, including bushwalking, fishing, and picnicking.

[smartcode_project:default project_id=146554 project_image_fid=316592]

Coachwood is also well-positioned near top educational institutions, including Sacred Heart Pymble Primary School, Pymble Public School, and Pymble Ladies’ College.

Construction firm&nbsp;<a href="https://www.urban.com.au/builders/dilcara">Dilcara</a> has already commenced construction of Coachwood, and is estimating a late 2025 completion.

[smartcode_project_cta:default project_id=146554]

Future residents of Coachwood will be a short walk from local boutiques, cafés, and restaurants, which are increasing in number

Telegraph Road set to score Pymble rare new townhouse development

Recent Gold Coast downsizers Kim and Adam Crawford didn't just settle for one apartment in Nera, one of the new apartment developments on <a href="https://www.urban.com.au/developments/chevron-island-qld-4217">Chevron Island</a>.

The Gold Coast locals first bought a three-bedroom apartment in the Parneno Street building, which will be their new home. Impressed with the value on offer, they also secured a two-bedroom apartment.

“My husband and I were nervous about moving from our larger home to a sky home, fearing that we might feel rather claustrophobic," Kim, who hails from Wimbledon in England, says.

"However, Nera’s wow factor pleasantly surprised us, and we don’t feel that this change is like downsizing at all."

[smartcode_project:default project_id=108640 project_image_fid=259355]

As an entrepreneur running her own beauty business from home, Kim was delighted Nera offered the prospect of still being fully equipped to operate her business and continue doing what she loves.

“We were in total awe of the stunning scenery that surrounds us, with a little bit of everything from the hinterland, river to the ocean, it’s truly breathtaking.”

While some living space is sacrificed, residents benefit from significant amenity, which was a big attraction to Kim.

“I cannot speak more highly of the rooftop amenities, the pool that overlooks Surfers, a yoga platform, and plunge pools are a few indulgences that I love about Nera.”

[smartcode_project:default project_id=108640 project_image_fid=253873]

The resident’s roof deck has 360-degree views along with amenities including an infinity rooftop pool, wellness spas, a fitness centre, residents’ private dining, sky lounges with fire pits, and a yoga platform.

<a href="https://www.urban.com.au/new-apartments/nera-residences-chevron-island-8-10-parneno-street-chevron-island">Nera</a>, developed by <a href="https://www.urban.com.au/developers/bastion">Bastion Property Group</a>, comprises 81 apartments, six sky homes, and a full-floor penthouse.

Construction has commenced. Nera is expected to be completed in 2026.

[smartcode_project_cta:default project_id=108640]

Nera, developed by Bastion Property Group, comprises 81 apartments, six sky homes, and a full-floor penthouse

From Wimbledon to Chevron Island: Urban Buyer Q&A

It's been well documented that the Brisbane unit market has been one of the strongest property markets in Australia in 2024.

Only bettered by Perth, the growth in the unit market in <a href="https://www.urban.com.au/developments/brisbane-qld">Brisbane</a> has been the strongest it has been in around four decades, exclusive data from property data analytics company CoreLogic found

You'd have to go <a href="https://www.urban.com.au/news/qld/brisbane-units-growing-at-fastest-rate-since-1988">back to the 1980s</a> to find a better year of growth.

The tight supply in both the established and off the plan market has driven the growth in both segments. When there has been new projects launched in 2024, which have been few and far between, the apartments have been snapped up.

&nbsp;

While there are several key developments that have been submitted to the Brisbane City Council, and approved, over the course of 2024, it's difficult to know when those large-scale projects will go to market given the complexities in the built environment in South East Queensland.

In this article, we take a closer look at the&nbsp;what, the&nbsp;who, and the&nbsp;where&nbsp;of the best new apartment developments launching in Brisbane in 2025.

<h2>What: Callista on Park</h2>

<h2>Where: 111 Boundary Street, West End QLD 4101</h2>

<h2>Who: Sekisui House Australia</h2>

After nearly a decade of redefining the apartment landscape in <a href="https://www.urban.com.au/developments/west-end-qld-4101">West End</a>, <a href="https://www.urban.com.au/developers/sekisui-house-australia">Sekisui House Australia</a> is set to pull the final curtain at its $1.2 billion, multi-award-winning West Village community.

The final tower, <a href="https://www.urban.com.au/new-apartments/callista-on-park-west-end-111-boundary-street-west-end-qld-4101">Callista on Park</a>,&nbsp;will have 96 two, three and four-bedroom apartments and a roof terrace with an infinity pool edge, a wellness area, dining areas, and an open-air conservatory, all of which will be surrounded by landscaping and extensive city views.

<img alt="Callista" data-entity-type="file" data-entity-uuid="a1d31f65-f46f-4b84-a972-956a7ba6e00d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-11-28%20at%2010.18.21%E2%80%AFAM.png?VersionId=BY_11kYw4SM8LcmOaOvULHBWX7B6BtVy" />

Renowned architecture firm Rothelowman has designed Callista, having previously been the lead architect for the village's penultimate stage, The Allere Collection, where there are just a handful of apartments remaining.

The Opulnet Collection has the largest floorplans that have been produced in the now thriving community. There are four and five-bedroom configurations on offer, with internal living spaces ranging from 184 sqm to 300 sqm.

[smartcode_project:default project_id=114215 project_image_fid=257538]

<a href="https://www.urban.com.au/new-apartments/the-allere-collection-west-village-mollison-street-west-end">The Allere Collection</a> will finish construction in early 2025, paving the way for Callistra construction to start later in the year.

<h2>What: One Hundred on Leichhardt</h2>

<h2>Where:&nbsp;100 Leichhardt Street, Spring Hill</h2>

<h2>Who: Dibcorp</h2>

Franco Di Bartolomeo's <a href="https://www.urban.com.au/developers/dibcorp-properties">Dibcorp</a> will be taking its redevelopment of the <a href="https://www.urban.com.au/developments/spring-hill-qld-4000">Spring Hill</a> Hotel to market in the coming months.

Dibcorp, who sold out Bide Newstead before its completion last year, will be launching <a href="https://www.urban.com.au/new-apartments/one-hundred-on-leichhardt-100-leichhardt-street-spring-hill">One Hundred on Leichhardt</a>, an 18-level tower above the former Spring Hill Hotel.

[smartcode_project:default project_id=142092 project_image_fid=314270]

As part of the development, Dibcorp will be restoring the old hotel which has fallen into disrepair in recent years.

Above the hotel, and new retail and commercial spaces will be 119 two and three-bedroom apartments.&nbsp;

&nbsp;

To give buyers confidence, Dibcorp has already started construction on site at 100 Leichhardt Street, just down the road from Roma St Parklands and the convenience of Boundary Street that runs through from Brisbane Grammar School to the Howard Smith Wharves.

Milestone Property Group, led by veteran project marketer Jeremy Gilmore, will be handling the sales and marketing.

<h2>&nbsp;What: Two towers, 795 apartments</h2>

<h2>Where: 204 Alice Street, Brisbane</h2>

<h2>Who: Meriton</h2>

Harry Triguboff's apartment giant&nbsp;<a href="https://www.urban.com.au/developers/meriton" target="">Meriton</a> will be expected to launch its three-tower <a href="https://www.urban.com.au/new-apartments/204-alice-street-brisbane">Alice Street, Brisbane CBD development</a> next year, having secured approval for the&nbsp;$1.3 billion project in October.

There will be just under 800 apartments across the two skyscrapers,&nbsp;designed by their go-to architect in Queensland&nbsp;<a href="https://www.urban.com.au/architects/dbi">DBI</a>&nbsp;who has designed Meriton's recent Gold Coast portfolio.

<img alt="First look: Meriton's full plans for first Brisbane apartment development revealed" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_auto/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202024-01-10%20at%208.44.57%20am.png?VersionId=7Vg2Y5kpSLuqC9s7YnnHzJ5lciB87Bzn" />

The towers will sit on the 5,485 sqm site directly across the road from the City Botanic Gardens from the Alice Street frontage. They will include a childcare centre, retail and food and beverage spaces, and communal open space facilities like swimming pools, an outdoor gym and play space on the level five podium level before it gives way to the main tower structure.

<h2>What: The Bedford by Mosaic</h2>

<h2>Where: 16-30 Prospect Street,&nbsp;Kangaroo Point</h2>

<h2>Who: Mosaic Property Group</h2>

Bulletproof builder-developer, <a href="https://www.urban.com.au/developers/mosaic-property-group" target="">Mosaic Property Group</a>, has two new projects set to launch in Kangaroo Point.

The most impressive is <a href="https://www.urban.com.au/new-apartments/the-bedford-by-mosaic-16-30-prospect-street-kangaroo-point">The Bedford by Mosaic</a>, 128 apartments above a full-line Woolworths on a Prospect Street site that has been vacant for over three decades.

<img alt="Mosaic" data-entity-type="file" data-entity-uuid="c108d7ce-fb95-40d7-bc3c-267d4db5b0f9" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-11-28%20at%2012.03.43%E2%80%AFPM.png?VersionId=kW9khnSPUgM83ssVxwNBzadD.o0VL5os" />

Morris tweaked the plans they inherited from Woolworths' development arm Fabcot, bringing in <a href="https://www.urban.com.au/architects/cottee-parker-architects" target="">Cottee Parker</a> to revise the scheme to include more three and four-bedroom apartments.

The building will also have a gym on the podium level, with the majority of facilities, like a 20m pool, wellness space with sauna and ice plunge, golf simulator and kitchen and dining space, located on the rooftop.

<h2>What: 23-level tower, 126 apartments</h2>

<h2>Where: Linton Street, Kangaroo Point</h2>

<h2>Who: Mosaic Property Group</h2>

After The Bedford, Mosaic will no doubt be looking to take advantage of the boom around the Olympics precinct.

They have another site in Kangaroo Point, just one row back from The Gabba at <a href="https://www.urban.com.au/new-apartments/77-linton-street-kangaroo-point">77 Linton Street</a>, where they have approved plans for a 23-level, BDA Architecture-designed tower with 126 apartments.

They will be 80 two-bed and 46 three-bedroom apartments in the building that also borders Vulture Street.

<img alt="Linton" data-entity-type="file" data-entity-uuid="bd0d05f1-888d-4119-bbb3-5e98b65cc446" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-11-28%20at%2012.15.40%E2%80%AFPM.png?VersionId=7CmiFiqe69f4YjxgRe1gfYrrz.5P_igr" />

The level 24 rooftop will have a swimming&nbsp;pool, outdoor theatre area, barbecue areas, and a sauna.

&nbsp;

BDA wrote in their planning documentation that the surrounding density of the "exceptional site" suggests it is the perfect location for the proposed development.

"The site’s prime location in close proximity to The Gabba Stadium provides an ideal opportunity to create long and short term accommodation options for sporting and entertainment events," BDA said.

In this article, we take a closer look at the what, the who, and the where of the best new apartment developments launching in Brisbane in 2025.

Brisbane's top five new apartment developments to go to market in 2025

The hot new apartment market in Palm Beach is set to receive another injection of luxury apartments in early 2025, with two recent approvals paving the way for more half and full-floor apartments near the beach.

Sydney-based developer <a href="https://www.urban.com.au/developers/chanine-developments">Chanine Developments</a> has been given the green light to develop its first project outside of New South Wales, while local developer <a href="https://www.urban.com.au/developments/palm-beach-qld-4221">Macquarie York</a> has its sights set on launching <a href="https://www.urban.com.au/new-apartments/cirrus-palm-beach-1101-gold-coast-highway-palm-beach">Cirrus</a> after its recent approval.

Earlier this year Chanine Developments secured a prime site across 1407 Gold Coast Highway and 402-404 The Esplanade, swiftly filing plans for a boutique eight-level building with 15 half-floor apartments and a massive five-bedroom penthouse with a private rooftop pool.

Read more:&nbsp;Palm Beach: <a href="https://www.urban.com.au/news/qld/palm-beach-the-most-indemand-off-the-plan-apartment-market-on-the-gold-coast">The most indemand off the plan apartment market on the Gold Coast</a>

<img alt="Sydney developer eyes Palm Beach luxury apartments" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-04-22%20at%204.38.57%20pm.png?VersionId=y4ALTq055_MU5Wgcg6pnUfQ6iLLkhQvj" />

Marwan&nbsp;Chanine&nbsp;said the vision&nbsp;is to bring the opulence of the Eastern Suburbs to&nbsp;<a href="https://www.urban.com.au/developments/palm-beach-qld" target="">Palm Beach</a>, in both finishes and aesthetics.

"The team is consistently looking across the entire eastern seaboard, and we've always loved Queensland,"&nbsp;<a href="https://www.urban.com.au/developers/chanine-developments" target="">Chanine</a>&nbsp;said of their first project outside of New South Wales.

"We're not building anymore coastline, so there's always value on the water."

<img alt="Chanine" data-entity-type="file" data-entity-uuid="98a968e1-568e-44cc-b141-32476bc91e2e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-11-27%20at%2010.20.14%E2%80%AFAM.png?VersionId=iRFhstOTIAPiff6GtQREYWsNuwu4JIby" />

Chanine has completed several developments across Sydney over the years, and is soon to launch a new project in Bellevue Hill, one of Sydney's most affluent suburbs.

The project is expected to hit the market in the first quarter of 2025.

Macquarie York is working toward an early 2025 launch of Cirrus, which also recently received approval from the Gold Coast City Council.

Cirrus is further south than the Chanine development, near the Palm Beach Surf Club and meeting the prestigous Jefferson Lane. It will comprise just 10 full-floor apartments and a two-level penthouse.

[smartcode_project:default project_id=22108 project_image_fid=312173]

Cirrus will also feature a level one recereation deck with a swimming pool and lounge area overlooking the ocean.

Macquarie York secured a height uplift for Cirrus, at 13 levels. Managing Director Roy Skaf highlighted the strong engagement from the Gold Coast City Council to get the project approved.

“I want to acknowledge the exceptional engagement from Gold Coast City Council Oﬃcers throughout the assessment process, and thank both the Planning &amp; Regulation Committee and Full Council for their overwhelming support of this landmark development," Skaf said.

"Their vision and support have been instrumental in bringing Cirrus to life.”

Macquarie York had Plus Architecture take the architectural lead for the development.

“Having experienced Plus Architecture’s design excellence capabilities on Nina Chevron Island and Sunset Residence in Surfers Paradise, we knew they could help us achieve something truly exceptional here," Skaf added.

"The result speaks for itself – Cirrus will be an iconic addition to Palm Beach’s skyline and sets new standards for sophisticated beachfront living on the Gold Coast.”

<img alt="Cirrus" data-entity-type="file" data-entity-uuid="24f97903-bc4d-4cae-9432-314759d35c6a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202024-11-27%20at%2010.25.29%E2%80%AFAM.png?VersionId=l4NNVnkqsAVVuyZ3954sY7YZrVIMrUx0" />

Plus Direct Danny Juric said they approached the&nbsp;project as an opportunity to demonstrate how design excellence can transform a site into an architectural landmark.

"Our collaborative process with Council, often involving real-time design refinements sketched during meetings, helped us create a building that not only maximises resident amenity but makes a genuine contribution to Palm Beach’s urban fabric.”

“The building’s form is deliberately shaped to maximise setbacks and optimise views, while its street level interface creates a welcoming presence that strengthens Palm Beach’s emerging village heart.”

Palm Beach has been one of the most searched suburbs on <a href="Urban.com.au">Urban</a> since the pandemic hit in early 2020, and its popularity hasn't abated.&nbsp;

The problem has only been surrounding stock, rather than demand. Projects back in 2021 and 2022 flew off the shelves and quickly sold out, leaving buyers waiting for the next available development, which wasn't forthcoming as the market went through a cycle of developers buying sites and submitting applications.

Luke Reaby from site amalgamation specialists GV Property Group says record revenues in the off the plan sector have renewed developer confidence, especially in beachside areas, making luxury projects the most feasilbe to deliver

Palm Beach has been one of the most searched suburbs on Urban since the pandemic hit in early 2020, and its popularity hasn't abated

Fast-start project: Victoria's $5.4 billion Big Housing Build

Current projects underway

21 LGAs the Government is requesting submissions for:

Olivia Round

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