apartment

Not often comes an opportunity where hotel&nbsp;and residential spaces find&nbsp;their way into one project, but one of the biggest trends sweeping the country is the mixed of both,&nbsp;catering to a new type of discerning buyer.

Development director at Riverlee, David Lee, noted growing interest for hotel residences in the Australian property market.

&ldquo;The hotel residence lifestyle has gained a lot of traction in places like New York and Asia, but there is a need for this type of home in Australia&rdquo;, Lee said.

&quot;There are various residential buildings out there with features such&nbsp;as a concierge service but hotel-branded residences, particularly those with an international focus, take it to another level,&rdquo; he added.

These mixed-use developments have become a new sector mainstay in Australia, according to Cromwell Property Group, with developers increasingly combining commercial, hotel, leisure and residential.

Urban takes a look at six of Australia&rsquo;s best mixed-use apartment and hotel developments available on the market.

1. Castle Residences, Sydney 
Developer: United Development Sydney

[smartcode_project:default project_id=7758 project_image_fid=150458]

Castle Residences is a new masterful collaboration between United Development Sydney and architects Candelapas Associates and Stud​ioAria.

Situated on Castlereagh Street, a luxurious collection of 131 residences in one, two and three-bedroom configurations are on offer in an elegant new residential tower that soars above the historic Porter House.

The heritage charms of Porter House add to the luxurious feel of the 122-room MGallery boutique hotel, which extends their five-star amenities to apartment residents.

[smartcode_project:default project_id=7758 project_image_fid=150460]

The hotel will service the residences with room service, catering, housekeeping, laundry, and maintenance, which can be accessed via a personalised mobile application.

Residents will also have full access to the hotel&rsquo;s facilities including the restaurants, bars, gym, pool, and business centre, along with 24-hour security, concierge, and valet parking.

2. Seafarers, Docklands 
Developer: Riverlee

[smartcode_project:default project_id=27728 project_image_fid=173914]

Incorporating a 280-room hotel, Docklands&rsquo; latest development, Seafarers, will feature Melbourne&rsquo;s first international hotel-branded residences, 1 Hotel &amp; Homes.

Sitting above Australia&rsquo;s first 1 Hotel, a world leading eco-luxury hotel brand, the Fender Katsalidis-designed apartments boast a limited collection of 123 riverfront residences.

The two and three-bedroom, light-filled residences offer sweeping views of Yarra River and the new Seafarers Rest Park, as well as unique five-star hotel services.

[smartcode_project:default project_id=27728 project_image_fid=173938]

These include a botanical care and maintenance services, pet care and walking, in-home room services and chef-catered dinners.

The project will transform the city&rsquo;s last remaining Yarra River frontage into a new visionary waterfront precinct, with a rooftop barbeque, library and lounge exclusively available to residents.

3. Viv&eacute;re on Dorcas, South Melbourne 
Developer: BEKL

[smartcode_project:default project_id=108979 project_image_fid=181117]

Located in an elusive pocket of South Melbourne, Viv&eacute;re boasts a new collection of 36 upscale residences delivered by BEKL, Amazon Property Group&rsquo;s Australian operation.

The project soars above the Voco Hotel, which is operated and managed by internationally renowned IHG.

Designed by Plus Architecture, the 20-storey development offers one, two and three-bedroom apartments, with a sculptural fa&ccedil;ade inspired by Melbourne&rsquo;s Botanic Gardens and Port Phillip Bay.

[smartcode_project:default project_id=108979 project_image_fid=181109]

According to director-architect Jessica Liew, the recesses presented a creative opportunity to introduce an art installation, while the capsule between the stacked elements contains the hotel rooms of Voco.

Viv&eacute;re offers residents premium room services, and a range of recreational amenities, including a gym, sociable restaurant and bar.

4. Ocean, Surfers Paradise 
Developer: Meriton

[smartcode_project:default project_id=7974 project_image_fid=185035]

Rising 76 floors against the Gold Coast skyline, Ocean is the latest mixed-use development in Surfers Paradise that will feature both luxury residential and hotel suites under the Meriton Suites brand.

Set to become the third tallest tower on the Gold Coast, Ocean will be home to an impressive 404 apartments starting from level 33, offering views that tower over neighbouring buildings.

Designed by SJB Architects, the development offers residents world-class facilities including an exclusive sky pool and gym on level 33.

Located on a prime beachfront site, it will also include a vibrant retail precinct, caf&eacute;s and a purpose-built restaurant, and a beach club podium on the fifth floor.

5. Ryrie Home, Geelong 
Developer: Franz&eacute; Developments

[smartcode_project:default project_id=5559 project_image_fid=88244]

Situated on Ryrie S​treet, Franz&eacute; Developments&rsquo; new Geelong d​evelopment will deliver a landmark Holiday Inn tower, 16 luxury apartments at Ryrie Residences, and a separate 11-storey tower, Ryrie Home.

Designed by Arch​itectus, Ryrie Home boasts an authoritative and restrained grid fa&ccedil;ade, pedestrian laneways, commercial retail, and F&amp;B spaces, as well as hotel and residential lobbies.

The collaboration with IHG Hotels &amp; Resorts will see the Geelong Quarter become a gateway to the region and delivering the largest new hotel in the region in almost 20 years.

[smartcode_project:default project_id=5559 project_image_fid=88244]

Ryr​ie Home will feature a collection of 109 one, two and three-bedroom apartments that benefit from room service, gym and pool facilities, dining, housekeeping and a business centre.

It will also feature a number of retail tenancies located on the ground level facing both Ryr​ie Street and Fenwick Street.

6. M-City, Clayton 
Developer: Schiavello

[smartcode_project:default project_id=528 project_image_fid=46022]

Designed by Buchan Group, M-City boasts spacious new residential offers in one, two and three-bedroom configurations, as well as resort-style facilities and an international hotel.

Emblazoned with a distinctive bronze fa&ccedil;ade, M-City&rsquo;s own International Hotel is set to become a new local landmark, providing understated yet luxurious accommodation for visitors.

[smartcode_project:default project_id=528 project_image_fid=46027]

Developed by Schiavello, the development is situated in the lively Clayton and provides residents with a range of function venues that offer entertaining and corporate spaces, such as meeting rooms, a ballroom, and a hotel bar.

Each apartment contains floor-to-ceiling glazing, spacious, private balconies, and luxury resort-style facilities, including a heated pool, landscaped gardens, and barbeque zones.

Mixed-use developments have become a new sector mainstay in Australia, according to Cromwell Property Group.

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Australia's best mixed-use apartment and hotel developments on the market

Central 35 is a new 14-storey development located in the heart of Melbourne&rsquo;s north-west suburb of Moonee Ponds.

The development is set to home&nbsp;65 apartments in one, two and three-bedroom configurations, as well as three penthouses, when it is completed in next year.

[smartcode_project:default project_id=107733 project_image_fid=179547]

Just six kilometres from the CBD, Moonee Ponds boasts a mix of historic buildings, ornate, well-maintained fa&ccedil;ades and more contemporary architecture.

Central 35 unique design stands out amongst the streetscape, while referencing the dynamism of the urban lifestyle.

[smartcode_project:default project_id=107733 project_image_fid=179546]

The project includes ground floor commercial and retail offerings, transforming the Hall Street retail strip into an apartment stronghold, while maintaining convenient access to shopfronts and caf&eacute;s.

Boasting a wide array of shops and restaurants, the Moonee Ponds Central Shopping Centre is right on the doorstep of Central 35, as well as nearby parks and recreation facilities within walking distance.

[smartcode_project:default project_id=107733 project_image_fid=179548]

Getting around is easy and convenient with both the Moonee Ponds train station and the local tram stop within 100 metres.

Moonee Ponds is seeing an average population growth of seven per cent per annum, and average capital growth rates at 4.63 per cent over the past ten years.

Nearby, the Queens Park, with its idyllic green surrounds and lovely public art pieces, provide the opportune space to get away from the bustle relax on one of the lakeside picnic tables or the banks of the Maribyrnong River.

[smartcode_project:default project_id=107733 project_image_fid=179550]

With one-bedroom apartments beginning from $405,000, Central 35 delivers apartments below the average median apartment price of $452,000, according to RP Data.

The development is expected to reach completion in 2022.

[smartcode_project_cta: project_id=107733]

Central 35 is a new 14 storey development located in the heart of Melbourne’s north-west suburb of Moonee Ponds. 

Get to know Moonee Ponds: New development Central 35 offers apartments in Melbourne’s north-west

Arcadia is among&nbsp;Lane Cove’s most coveted new addresses, combining bushland panoramas with sophisticated architectural designs.

Never to be built-out natural vistas create a green backdrop to the apartment development, nestled at the doorstep of the bushland reserve along Stringybark Creek.

Delivered by DASCO, Arcadia features&nbsp;69 one, two and three-bedroom residences across three individual buildings.

[smartcode_project:default project_id=6912 project_image_fid=153922]

Diverse floorplans feature a range of offerings, including double-storey layouts, studies, media spaces, while select three-storey, terrace-style residences feature their own private entrances.

Floorplans extend up to 227sqm, making these apartments more than $800,000 cheaper than a similar-sized, free-standing home in the area.

[smartcode_project:default project_id=6912 project_image_fid=153921]

Arcadia focuses on alfresco living, with generous private terraces, courtyards and sun-soaked balconies providing a sublime setting for relaxing and entertaining outdoors.

Inside, living spaces are roomy and airy, graced with top-quality Italian ILVE appliances, stone benchtops, a smart home system and floor-to-ceiling windows.

[smartcode_project:default project_id=6912 project_image_fid=153912]

Residents can choose between two considered colour schemes. The stylish lighter and darker colour palettes, Sunrise and Sunset, allows buyers to personalise their surroundings to suit their taste.

Lane Cove lies within one of Australia’s top 10 most advantaged Local Government Areas, according to the Australian Bureau of Statistics.

[smartcode_project:default project_id=6912 project_image_fid=153916]

Located close to several major centres including the Sydney and North Sydney CBDs, Macquarie Park and Chatswood, its convenience is a major drawcard.

A number of infrastructure and community projects and upgrades have helped to transform the suburb and its village, which has become a popular and diverse destination in its own right.

These include an upgrade of Lane Cove Plaza and the opening of The Canopy, poised to become Lane Cove’s premier dining and shopping destination.

[smartcode_project:default project_id=6912 project_image_fid=153925]

Central and convenient, Arcadia enjoys easy access to the area’s many attractions and amenities. It is located a 4-minute walk from the nearest bus stop on Centennial Avenue and a 12-minute bus ride to Chatswood.

The CBD lies within a 15-minute drive from the residence and premier education institutions are within close proximity, including Lane Cove and Lane Cove West Public Schools, St Ignatius’ College Riverview and Macquarie Uni.

“We are thrilled to bring our signature quality, vision and lifestyle focus to beautiful Lane Cove and deliver a product that we know will resonate with style-conscious buyers”, DASCO director Salim Nicolas said.

[smartcode_project:default project_id=6912 project_image_fid=153917]

Arcadia delivers a lush living experience to a range of buyers, and the lush surrounding treescape ensures a feeling of peace, tranquillity and seclusion rarely found in urban living.

[smartcode_project_cta: project_id=6912]

A number of infrastructure and community projects and upgrades have helped to transform the suburb and its village, which has become a popular and diverse destination in its own right.

Arcadia, the Lower North Shore apartments attracting families and investors

First home buyers and investors&nbsp;have shown considerable&nbsp;interest in Due North, the Preston apartments currently under construction by Caydon Property.

The $352,000 asking price for the one-bedroom apartments is around $200,000 less than the median apartment price in Preston, according to the latest data from SQM Research.

The two-beds start from $590,000.

Set on the sought-after High Street, Due North will home a mix of 107 one and two-bedroom apartments.

[smartcode_project:default project_id=5502 project_image_fid=155332]

Preston is one of Melbourne&#39;s most popular fringe suburbs, nine kilometres north of the Melbourne CBD.

&ldquo;Thanks to a few decades of urban sprawl, Preston is now considered one of Melbourne&rsquo;s hottest northern suburbs.&nbsp;It seems like there&rsquo;s new, hip bars popping up on every corner&rdquo;, Timeout Magazine said.

[smartcode_project:default project_id=5502 project_image_fid=155331]

Due North has an enviable walk score of 91, with a number of&nbsp;bars, cafes, restaurants,&nbsp;retail, schools and parklands nearby.

The apartments are attracting investors, with vacancy rates seeing a steep decline from earlier in 2021. Rates now sit at around two percent, and are expected to continue to drop as international border opening draws near.

There&#39;s new infrastructure in the pipeline, with the Victorian Planning Authority currently reviewing plans for a new Preston Market Precinct, taking in 5.1-hectares of privately-owned land with integrations with Preston Station and High Street.

[smartcode_project:default project_id=5502 project_image_fid=155337]Interest in new infrastructure and great lifestyle opportunities makes the area worthy of investment, say the developers.

&ldquo;Preston is growing, fast &mdash; and we&rsquo;re not surprised&rdquo;, Caydon Property said.

&ldquo;Population density is increasing, seeing a surge in demand for apartments with a downturn in traditional houses.&rdquo;

<img alt="" height="850" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2021-09-12_at_1.31.07_pm.png" width="1492" />

Designed by Caydon&rsquo;s in-house design team, Due North draws inspiration from the suburb&rsquo;s industrial past, featuring raw brickwork, exposed concrete, custom metalwork and glass.

It will rise just the 12 levels, and will feature a&nbsp;rooftop space with a resident swimming pool, a co-working area in the lobby, and three street-level&nbsp;retail spaces.

The development is slated to reach completion in mid-2023.

[smartcode_project_cta: project_id=5502]

Set on the sought-after High Street, Due North will home a mix of 107 one and two-bedroom apartments

$352,000 Preston apartments Due North attracting first home buyers and investors

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The NSW Government is seeking amendments to the Strata Schemes Management Act 2015 that will make pet ownership easier by requiring that by-laws cannot unreasonably prohibit the keeping of an animal on a strata lot.

The amendments follow the recent decision handed down by the Court of Appeal of the Supreme Court of NSW in Cooper v the Owners - Strata Plan No. 58068 which overturned a by-law in the <a href="https://www.urban.com.au/news/107001-horizon-darlinghurst-pet-ban-ruled-unconscionable-by-ncat">Darlinghurst highrise block, Horizon</a> that imposed a blanket ban on the keeping of pets.

“Owners should be able to use to use their property as they wish as long as it doesn’t unreasonably interfere with the rights of other owners to enjoy their own home and the common property in their apartment,” Minister for Better Regulation Kevin Anderson said.

“For too long common sense has been missing in this debate. 

[smartcode_project:default project_id=24323]

“These amendments provide a sensible solution that balances the rights of pet owners with those of other apartment owners. 

“Importantly, the changes also recognise there will be times when the keeping of a pet may not be appropriate in a complex due to the impact this will have on neighbours or the welfare of the animal.

“These changes are a sensible response to modernise our strata laws by removing outdated, and unfair blanket pets bans where it can be shown that keeping a pet won’t impact other people.”

The NSW Government will now consult with the community to establish clear guidelines on when it will be considered unreasonable for a pet to be kept in a strata complex.

[smartcode_project:default project_id=6201]

It intends to finalise regulations within six months, before the new amendments come into force. 

This will also include details of how the new requirements will interact with existing by-laws.

To allow consultation, the government will extend the closing date for submissions to the current statutory review of the Strata Schemes Management Act 2015 until March 7 for anyone wishing to make a submission relating to the keeping of pets. 
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“For too long common sense has been missing in this debate,” Minister for Better Regulation Kevin Anderson said.



jchancellor

NSW Government seeks amends to pet ownership in Strata Schemes Management Act 2015

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Australian house prices are rising again with two exceptions: unit markets in Sydney and Melbourne. Declining unit prices are being driven by high levels of supply, problems in the rental market and foreign students not returning.
However, these declines are now fairly modest at a capital city level. In Melbourne, apartment prices are down 1.2% while Sydney is down 0.2% since the start of the pandemic. It is likely they will return to growth in the coming months.
At a suburb level, the impact of poor rental market conditions is more apparent, and prices have dropped considerably.
Topping the list for capital city unit market price declines is Carlton in Melbourne’s Inner North where the median price for units has dropped 22% over the past 12 months, reflecting the weak student rental market. It is possible declines in Melbourne’s Highett and Ormond are being driven by a similar trend.
Gungahlin, in the red-hot Canberra market, is surprisingly showing big declines in prices, down 20%.
Surprisingly weak conditions are also being seen in parts of the recovering Perth market. Mandurah, Mount Lawley and Fremantle units are all seeing price declines in excess of 10%.
In Sydney, high development areas such as Sydney Olympic Park and North Ryde are topping the list for price declines.
Probably the biggest surprise is Melbourne CBD, which has seen the most dramatic rise in vacant apartments in Australia. At present, prices remain steady.
While prices are well down on last year, housing market conditions are improving, and this will flow through to unit pricing over the next 12 months. For many of these markets, renters will also return, which will support values.
For now, if you are someone who is looking for an affordable property or consider yourself a counter-cyclical buyer, be prepared to take on a bit of risk and these areas may be worth a look.
Australian luxury property defies the downturn and global trend
We are continuing to see strong conditions for luxury properties around Australia. On realestate.com.au, views per listing for $10 million-plus properties have increased from 1,800 prior to the pandemic to more than 4,500.
Some of this may be to do with people being stuck at home and dreaming about beautiful homes, but price growth is now occurring, suggesting at least some of this search activity was from serious buyers.
While luxury is having its moment in Australia, globally it isn’t uniformly the case as shown by the latest Luxury House Price Index from Knight Frank.
Global gateway cities such as Paris, London, Hong Kong and New York are all seeing declining prices at luxury price points.
This is a little bit surprising given there seems to be a flight to safe assets more broadly and property, particularly in these markets, is generally seen to be very safe.
It may have more to do with how COVID-19 has impacted these markets, suggesting high net worth buyers may be looking at certain locations for health reasons, rather than to park their cash.
This certainly holds true for the city that is topping the list in Knight Frank’s report – Auckland. New Zealand has been one of the least impacted countries in the world in terms of COVID-19 infections and has also seen the biggest increase in luxury house prices over the past 12 months.
It also holds true, although to a lesser extent, in Australia. Melbourne luxury homes have still experienced a price increase, but at only 0.2% it is far less than Sydney and Perth at 2.3% and 2.2% respectively.
 
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Apartment buyers must strike while the iron is hot: REA's Nerida Conisbee

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A Sydney CBD apartment, looking directly over Hyde Park, has sold for $2.145 million.
Located on the eighth level of the Connaught building, the north-facing Liverpool Street residence features two bedrooms, an open-plan living area, renovated kitchen, large balcony, and underground car space.
The thirty-storey building, which was completed in 1984, was built by Civil and Civic.
It has a shared resident spa, sauna, gymnasium, and pool with city views.
The flat was previously listed for sale in 2016, but did not find a buyer when briefly offered with $1.45 million hopes.
Tonga Ozer, from Boutique Property Agents, had listed the property.
 
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Sydney apartment overlooking Hyde park sells for over $2m

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A designer dual level apartment on Rocky Point Road, Sans Souci has been sold for $795,000.
The apartment's prime location in the sought-after Jameson complex is of walking distance from local cafes, shops, sailing clubs, and Dolls Point Beach.
The two-bedroom apartment located at <a href="https://www.propertyobserver.com.au/realestate.com.au/sold/property-apartment-nsw-sans+souci-132777514" target="_blank">123/524-544 Rocky Point Road</a> has built-ins and access to a balcony. It also features two bathrooms, and an internal laundry. 
<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/2020/2/4_BEDROOM.jpg" alt="">
The fresh contemporary interiors has flowing living and dining space that transitions to the outdoors. 
The three balconies provide expansive views of the district and glimpses of the water. 
It was listed as a rental in 2017 and 2018 seeking $700/pw but has not been listed since. 
The 2015 bult abode has sleek tiled flooring, air-conditioning throughout and high ceilings. 
The apartment also has lift access to two secure car spaces which also has a handy lock-up storeroom. 
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Sans Souci dual level apartment sold 

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Former Olympic swimmers Roger and Diana van Hamburg are seeking a new Gold Coast home, with plans on moving north.
The couple, wo were internationally competitive in the 1960s and 1970s, have listed their Sunland Group development apartment for $975,000.
Roger swam in individual medley and freestyle relay events for his native Netherlands at the Munich Olympics in 1972 and Diana Rickard competed for Australia in backstroke and individual medleys at the Mexico Olympics in 1968.
They have listed their <a href="https://www.realestate.com.au/property-apartment-qld-benowa-132329790" target="_blank">Benowa apartment at Marina Concourse</a>.
The three-bedroom unit was bought in 2016 on moving from NSW.
<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/2020/1/21/7_SWIMMERS%20APART.jpg" alt="">
<div id="outstream_holder_news">
The apartment's balcony overlooked Royal Pines marina and golf course.
<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/2020/1/21/7_SWIMMERS_VIEW.jpg" alt="" width="549" height="363">
The community also has resident facilities, including a pool and barbecue area.
The couple still swim every day and teach regularly at the neighbouring Superfish Swim School, the Gold Coast Bulletin advised.
Their daughter, Sasha, is married to another Olympian, former Australian freestyle and butterfly swimmer Adam Pine.
</div>
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Former Olympic swimmers list luxury Gold Coast apartment

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A luxury off-the-plan apartment has come onto the market in Adelaide's Glenelg South ahead of its completion early next year.

Located on the 9th floor of the EI8HT building (which recently topped out at 8 South Esplanade Esplanade), unit 901 comprises of 209 square metres of internal floor space.

It is one of 10 absolute 'Sky Homes' in the complex, and features three bedrooms, two bathrooms, two secure car spaces, and direct ocean views. 

Glenelg Beach is less than 20 metres from the building which was approved in late 2016 as a $75 million project.

The development includes a new walkway between St Johns Row and the esplanade along with the renovation of the 1870 Seafield Tower mansion.

It was early 2017 when most of the apartments were sold by the Medallion Homes and 8 South Esplanade consortium.

The initial pricing ranged from $695,000 to $2.75 million, not including the penthouses.

Some eight apartments of 52 remain unsold in the 8 South Esplanade development, situated just south of the Stamford Grand hotel.

The suburbs median unit price is $425,500.

Tony Mathews, from Medallion Homes, has listed the apartment.

Buyers include Channel 7 sports commentator Bruce McAvaney and his wife Anne Johnson who recently sold their Glenelg South four-bedroom home on South Esplanade which was listed with a price range between $2.45 million and $2.695 million.

<h2>Recently listed properties:</h2>

[smartcode_project:default project_id=22699]

[smartcode_project:default project_id=29358]

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[smartcode_project:default project_id=2929]
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