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New Flats Galore!

5 Aug

2014 is turning out to be a huge year for multi-residential construction. A few major architecture companies largely dominate this scene, with a few rather interesting creative developers too. Below are the main ones going up this year.


10 Rosebery: 88 apartments on Botany Road.
Asper, Roseberry
Architect: Turner Associates


15 Botany: Park Grove. 170 apartments.
Architect: Krikis Tayler


16 Brighton: Longbeach apartments 344 Bay Street Brighton Le Sands
Architect: Tony Owen Partners (wow…!)


30 564 Princes Highway, Rockdale.
Architect: a+ design group

31 Wolli Creek: three new buildings at Australand’s Discovery Point and the third stage of Southbank by Winten.
Southbank, Wolli Creek


32 Woolooware: 600 apartments at the Bluestone new community Woolooware Bay. $300 million
Woolooware Bay Town Centre on the Cronulla Sutherland Leagues Club site, Shark Park.
Architect: Retail: Scott Carver and landscape architects Aspect Studios. Residential: Turner Associates.
220 apartments within three separate buildings ranging from a height of seven to twelve storeys.


Moss Wood Residence, 21-35 Princes Highway, Kogarah
84 Residential Apartments rising 10 storeys
Developer: Deicorp D&C


East at Erko
41 apartments
Architect: SJB Architects (looks very similar to what they did at Harold Park (that turned out very well)).


Breeze development, Little Bay
52 apartments



11 Beecroft: 170 apartments.

18 Panorama Crows Nest: Willoughby Road.
Architect: JPRA for Barana Group


20 Dee Why Grand: 150 apartments.
Architect: Fitzgerald Bennett
and 2-10 Mooramba Road Dee Why

24 Lane Cove: second stage of the DHA development of 170 homes. Arcadia. ‘Tree house’ apartments.
Crimson Hill, Lindfield. Defence Housing Australia (old UTS Ku-ring-gai Campus)
Architect: Architectus


26 Meadowbank, Shepherds Bay. 2000 new apartments. 2-8 Rothesay Avenue Meadowbank
Holdmark Property Group. 15-storey landmark tower with others stepped between 4 and 12 levels
Architect: Robertson + Marks


29 9 Atchison St ST LEONARDS: 60 apartments.
Architect: a+ design group


Alcove, Killeaton Street, St Ives.
300 apartments across six buildings. Meriton.

Pymble Grand.
Architect: Mackenzie Architects
Developer: Modern Construction & Development.
Two five-storey blocks with 50 units.

The Sydney, at Macquarie Park Village near North Ryde
152 apartments offered in 23-level tower
Architect: Allen Jack + Cottier

53. Plaza 88, Archer Street, Chatswood. 212 serviced apartments
Architect: Marchese Partners (auspicious numbering…)

Aurora, 3-9 Finlayson Street, Lane Cove.
Architect: designed by Angelo Candalepas and Associates and developed by MV Projects.


Emerant Lane. 85 apartments. Lane Cove.
Architect: developed by SAKKARA with designs by dKO Architects.

The Botanic, Finlayson Street, Lane Cove.
Architect: SJB Interiors, Mijollo Architects, Greenbush Group, Icon Co.



12. Altitude Apartments, 330 Church Street, Parramatta
Architect: Tony Caro for Meriton
53 levels. Meriton (wow…)


27 Parramatta: 450 apartments at Riverside.
Crown Group’s $309 million residential tower, V by Crown, twin commercial towers by Johnson Pilton Walker,
Architect: Johnson Pilton Walker Architects
Developer: Crown Group
$250 million development

290-292 Parramatta Road, Auburn
1000 apartments
Architect: Cox Architecture

Flemington markets
Up to 10,000 apartments in 30 storey towers.
Architect: Group GSA

Little Saigon Plaza, 462 Chapel Road, Bankstown
Retail and commercial
Developer: Deicorp D&C


Broadway Plaza, The Broadway Punchbowl
10,000m2 of Retail and 152 Residential Apartments within 7 buildings rising 5 storeys
Developer: Deicorp D&C

54. Centric Parnell Street, Strathfield
Architect: SJB Architects

Skypoint Towers,46-50 John St Lidcombe
9 storey. Completion 2016

7 Deane Street BURWOOD
97 units plus 3 retail shops. Opposite Burwood Train Station.

1-17 Elsie Street Burwood


Aspire Tower
Architect: Grimshaw
160-182 Church Street, Parramatta,
336 m (1,102 ft), 90 stories.



13 Bondi: 200-plus apartments from Mirvac on Ocean Street.
Architect: Mirvac Design, TBA designer.

14 Bondi Junction: 129 new apartments from Leighton Properties. 20-level AQUA
Architect: kann finch group in collaboration with DC8 Studio. Koichi Takada Architects interiors.


Inner West


17 Canterbury: 170 apartments on Charles Street.
Habitat, Canterbury
Architect: Turner & Associates


21 Erskineville: a new development of 200 apartments, Eve by Fridcorp.
Eve by
Address: Corner of Eve and McDonald Streets Erskineville.
Architect: DKO


22 Five Dock: 155-159 Parramatta Road, Five Dock
1300 apartments
Architect:  Allan, Jack and Cottier for Crown International Holdings and Drivas Property Group


23 Forest Lodge: 300 more lots in new stages of Mirvac’s Harold Park development.
Altivolo, Harold Park (Precinct 4)
Architect: Developer: Mirvac Design


DeiCota Tower, Redfern St Redfern
Developer: Deicorp Design & Construct


34. Earlwood
Elysium Apartments
Address: 17-25 William Street, Earlwood.


The Flour Mill at Summer Hill, where 300 apartments are planned
Architect: Hassell


Revolution Apartments, Illawarra Road, Marrickville
180 Residential Units spread over 4 buildings
Developer: Deicorp D&C


Urba, Gibbons St Redfern
19 Storey mixed use Developments. Retail, commercial and 135 Apartments.
Developer: Deicorp D&C


Alpha Apartments, 20 McGill Street, Lewisham.
68 Residential Apartments rising 6 storeys
Developer: Deicorp D&C


22 George Street Leichhardt (former Kolotex Glo factory)
rezoned from industrial to B4 mixed use
244 apartments, with 1,126 square metres of mixed-use space, with three street frontages.
Architect: SJB Architects
Greenland paid $47.1 million for the site.


Homebush’s Town Centre
The Crescent, near Homebush station
12 storey block on the site of the sub branch of the RSL


2A Brown Street Ashfield
Architect: Olsson and Assoc.
Two 8 storey mixed use buildings. 120 apartments plus retail.




19 Darling Harbour: 1400 apartments
First stage:
Architect: Denton Corker Marshall (DCM) for Lend Lease
Darling Square, The Boulevard, Sydney




33. City
Greenland Centre  (old Sydney Water Headquarters, 1965)
Address: 115 Bathhurst Street Sydney. 236 metres.
Architect: bligh voller nield Donovan Hill and WoodsBagot
two-bedroom apartments (76 -88sqm) from $1,325,000 and three beds (105-143sqm) from $2.2 million.
1930s building next door to become a hotel
Architect: Peddle Thorp Architects and Laboratory for Visionary Architecture (LAVA)




Harbour Mill Apartments, Pyrmont.
Architect: Grimshaw. Developer- Ceerose.



52. The Quay. $280 million.
Quay Street, Haymarket
Architect: WMK

Barangaroo Apartments
Lend Lease. 159 apartments
Architect: Richard Francis-Jones of Francis-Jones Morehen Thorp and Andrew Andersons of Peddle Thorp Architects
two apartment complexes will become the first in the Barangaroo South region


Mirvac Harold Park revealed

12 Oct

Mirvac has finally lodged the DA plans at Sydney Council for their multi-residential redevelopment of the former Harold Park Paceway site at Forest Lodge.

The above rendering shows the Harold Park site with the thus far designed Precinct One (Mirvac Design) and Precinct Two (SJB Architects). Site masterplanning by Hassell and site landscape design by Aspect Studio.


The Site

First, let’s look at the site.

The site is divided into six precincts (to be built in phases). Each of these is effectively a single building, with a shared excavated carpark and two to four towers, and with a deep soil zone in the middle (DA requirement). Precinct Six is to be sold to another developer for student/essential service housing (DA condition). Precinct 4A to the north of the site has not been fully resolved- its traffic will be directed on to Maxwell Street and local residents are concerned.

There is also a park site (5.8 hectares (14 acres)) against the cliff. This, along with the roads, is to be ceded back to the City. It also forms the overland flow path for floods (very important on this site).

There is also the old Rozelle Tram Depot. This is to be developed as 7000sm of retail. Unfortunately, the parking for this has been placed in front of the depot (it would have been too expensive to put it under the Depot as council has asked for in the master plan).

Above- plan (Aspect) for one of the “pocket parks”. This links the existing Crescent roadway with one of the new site roadways. It allows for a significant (about 4m) level change.

Above- Hassell masterplan massing model. Note the six story buildings on the Crescent, stepping back to 8 story within the site. Sydney Council was strict about imposing building setbacks (delaying the DAs).

Above- an example of an existing recent Mirvac development at Rhodes.

Above- the site, 1948.

Above- the site, today. Quite a few more trees.

Precincts One and Two

Now, the good stuff.

Precinct One

Above- Site plan for Precinct One (Mirvac Design). There are “terrace houses” at street level, with traditional flats above (typical accross site). Four towers around a deep soil courtyard zone in the middle.

Above- P1 facade elevations.

Above- Computer rendering of Precinct One showing the pop-out windows.

Above- note that the top two levels step further in. This is part of the DCP and was insisted on by council.

Above- P1 shown in context on the site model.

Precinct Two

Above- Detail of the pocket park between the two P2 buildings as designed by Aspect. This is intended to blend seemlessly into the surrounding landscape and optimistically shows tall trees planted in very shallow beds.

Above- The P2 plans and elevations by SJB Architects.

Above- A section through one of the P2 buildings showing its relationship to the adjacent “heritage” cliff and existing house. The concept was that the top datum of the new buildings was not to rise above the roofline of the existing Victorian homes.

The Tram Depot

Above- the Tram Depot on the site will be converted to 7000m2 retail (possibly sold on to a separate developer).  It has sat empty and derlict since the 1980s. Trams ceased operating out of there in the 1950s.

Above- the entry area today.

Above- as it was in the 1950s.

Above- the interior today. There are a number of badly vandalised trams in there, some of which will be retained and restored.

Above- the proposed exterior (image- Loop Creative).

Above- the proposed interior (image- Loop Creative). Possibly to be used as a large green grocers store and/or gym.


This development will have a huge impact on the area. However, as Sydney marches towards 5 million people it is better to concentrate populations near the city.

If it can be done as sensitively as the old Children’s Hospital site up the road (on Pyrmont Bridge Road) then it will be a winner. We will wait and see.

Circular Quay soon to put on a new face

22 Jun

Carolyn Cummins SMH, May 16, 2011

The city-wall as seen from the Cahill Expressway. This is a cool spot and an urban vista rarely appreciated.

THE state government has approved the redevelopment of Goldfields House, one of the oldest office blocks on Circular Quay.

02- Goldfields House 1966 Peddle Thorp and Walker

The wonderfully ’60s forecourt to Goldfield’s House- presumably doomed…

Also on Circular Quay, AMP Capital Investors recently appointed Mirvac to redevelop the office tower formerly occupied by Coca-Cola Amatil. The 15-storey building was completed in 1966 for Coca-Cola, but the drink manufacturer has moved to Investa Property’s Ark building at 40 Mount Street, North Sydney.

03- Coca-Cola Amatil Building 1966- seen here nestled between Mirvac’s Quay Grand and the Cahill Expressway. The limestone panels on the Coke building were recently renovated.

Mirvac owns the Quay Grand Hotel at Circular Quay.

Valad, which is the subject of a takeover offer by the US property group Blackstone, said in its March quarter update on Thursday that the Sydney Local Environment Plan 2005 (Amendment No. 2), which was previously approved by the Sydney City Council, has been gazetted by the government.

04- Quay Grand Hotel at Circular Quay

”This enables Valad to pursue development approval for the redevelopment of Goldfields House,” Valad’s acting chief executive, Clem Salwin, said last week.

Valad originally lodged plans to include a 191-metre tall apartment block and adjoining retail and office complex. The nearby Australia Square is 170 metres.

But after wrangling with City of Sydney Council, the development approval was halted.

Despite the takeover attempt by Blackstone, internal management changes and large debt levels, Valad has been targeting Asian investors over the past year in its marketing of the apartments, which will have harbour views.

Property agents say the value of apartments in and around Circular Quay is upwards of $34,000 a square metre. Apartments overlooking the Opera House have sold for as much as $10 million.

Goldfields House is one of the oldest buildings on the Quay.


Penthouse crowd taking over office space

Carolyn Cummins and Jonathan Chancellor SMH April 18, 2008

THE cream of Sydney’s office towers are under threat from developers wanting to turn harbourside skyscrapers into luxury residential abodes.

The latest, Goldfields House at Circular Quay, is set to be replaced by a $1 billion, 33-storey apartment tower. Construction on the historic harbour gateway site is scheduled for 2011 at the earliest.

Its joint developer Valad, which purchased the 30-storey office tower in 2006 for $274 million, has interim approval from the Central Sydney Planning Committee. The company now intends to hold an international architectural competition.

Several buildings, including the Scullers Arms hotel, were demolished to make way for Goldfields House, which was designed by Peddle Thorp and Walker and completed in 1966.

The proposal has provisional approval from the NSW Heritage Council, given the works are within metres of the Tank Stream.

Its views of the Sydney Harbour Bridge should ensure high prices for its proposed 124 apartments – the smallest of which, at 135 square metres, would cost at least $4 million based on current prices.

Recent sales of harbourside units have averaged $3 million, but Sydney’s record apartment price stands at $16.8 million for the 260-square-metre penthouse in the nearby Bennelong building that was sold this year. The block was built after several Macquarie Street office blocks were demolished, including the 1958 Unilever House, the building closest to the Opera House.

05- Unilever House (1958) seen here in the late sixties. Bird’s-eye view of wharves and office buildings with the Sydney Opera House and Government House in the background, Jack Hickson, 1968.

The conversion of Circular Quay could gather pace when Coca-Cola Amatil quits its longstanding headquarters in 2010 and heads to North Sydney.

The Quay apartment block on Phillip Street was the first harbourfront residential venture following the slump in the city office market in the early 1980s.

06- Quay apartment block, Phillip Street 1982

But its developer, Trustees Executors, went into liquidation during the 1983 credit squeeze and John Lewis’s Concrete Constructions took over the project.

There are now 95 residential blocks throughout the city, up from 28 in 1994. The Astor on Macquarie Street was Sydney’s most prestigious high-rise block when it was completed in 1923.

07- Astor, Macquarie Street 1923



Manly Ferry and Unilever Building, David Moore, 1958.


Mirvac upbeat as sales hit target
Carolyn Cummins SMH, May 18, 2011

Sales success … 94 per cent of the apartments in the ERA Chatswood development have already been sold.

MIRVAC is confident it can weather any housing downturn after sales at the new Chatswood ERA development broke all records for a weekend campaign.

Although the group warns the residential sector will be hit by any rise in interest rates, it has reaffirmed its 2010-11 year net profit guidance and earnings of 10.4¢-10.6¢ per stapled security.

At the property group’s March quarter update yesterday, the managing director, Nick Collishaw, told investors Mirvac remained on track to deliver strong earnings growth of ”between 12 to 14 per cent”.

Read more:


01- ERA Chatswood- A computer-generated image of an apartment at Mirvac’s ERA, Chatswood, Sydney

Residents buy off-plan to tower above Chatswood

9 Feb

9 Feb 11 by Kat Adamski

CHATSWOOD’S newest apartment blocks will soar 260m above sea level – the North Shore’s highest.  The $450 million Chatswood Interchange project, which went into receivership in 2008, is back on track after it was revived by the Sydney’s Galileo Group.

The highest of the three towers would be 140m, which would make it the North Shore’s tallest.

Liquidator CRI Chatswood sold the rights to build the three towers to Galileo, which teamed with ISPT, one of Australia’s largest unlisted property funds, to buy the site late last year.

The consortium is relying on off-the-plan apartment sales so construction can start on two of the towers as early as June.

They will be built above Chatswood station.

In the past, Willoughby Council general manager Nick Tobin has been critical of the site, saying the State Government had approved the residential towers without contributing to the public services and amenities that 1000 residents would need.

Metro View (31 storeys) and Metro Spire (42 storeys) will be built on the north-eastern edge of the already completed retail podium, which is unleased.

Together they will provide 292 apartments, with prices from $488,000 for one-bedroom units to a penthouse for $1.725 million.  The third and highest tower, Metro Grand, at 56 storeys, would follow on the western side of the site with 261 apartments.

Willoughby Mayor Pat Reilly said he was disappointed that the residential component was progressing before the retail podium negotiations were finalised.  “(The overall development) was approved by the State Government beyond our control, but we believe the retail component should be the main concern,” Cr Reilly said.

“While council has advocated for an office building, the location of the three towers in the heart of the Chatswood CBD has assisted us in meeting the government’s increased dwelling requirements.”

A display suite at 391 Victoria Ave is open 10am to 4pm daily. Phone 1800 839 883 or see



Brisbane Floods- History forgotten in rush to riverfront luxury

18 Jan

IN the rejuvenation of Brisbane as the River City, boasting expensive homes and apartments along the waterfront, buyers of the relatively new and luxurious apartments of Tennyson Reach enjoyed the best of both worlds.

On one side, the Brisbane River; on the other the new home of tennis in Queensland.

The development, by ASX-listed company Mirvac, also boasts history: it is on the site of the old Tennyson power station, a huge sprawling complex that was pulled down to make way for millionaires’ row. In Brisbane’s 1974 floods, the water that inundated the power station was a powerful reminder of the vulnerability of the city and its leafy near-river suburbs to heavy and sustained rainfall.

But, with the passage of time, as developers moved in and the beautification and rebranding of Brisbane gathered momentum, the images of water flooding around the power station were forgotten or discarded. Residents believed their insurance policy was Wivenhoe Dam, commissioned a quarter of a century ago to mitigate against a future large flood. Yesterday, as the smell in the luxury dwellings at Tennyson Reach, home to tennis greats including Ashley Cooper, rose with the temperature and humidity, owners wondered how the planning controls that were meant to regulate development could have gone so wrong.

Several said they were assured before buying that the ground level would not flood unless the Brisbane River reached a mark of 8.4m, well above the 4.46m at which it peaked last Thursday after a massive discharge of 645,000 megalitres from Wivenhoe Dam on Tuesday. Between cleaning up and moving out yesterday, several owners said they needed explanations from Mirvac and the council about their true flood immunity and whether the development, completed less than two years ago, should have been approved, given its history of inundation.

The flooding at Tennyson Reach is one small part of a major problem for Brisbane City Council and the Queensland government, as the losses of owners, the liability of developers, and the policies of governments combine in a perfect storm of recrimination and confusion. The residential precinct went through all the council’s usual approvals process after the Beattie government sought tenders to make something glorious from the site of the abandoned and obsolete power station.

Apartment owner Chrissie Buchanan, who bought in June 2009 with her husband, Sam, who is a quadriplegic, has had damaged floors, walls and cabinets. She said she was fortunate to have insurance and was in a lot better position than many in Brisbane. ‘‘The things that have been damaged are easily replaced,’’ Ms Buchanan said. ‘‘There are people who have lost their businesses and houses. I feel for people who are a lot worse off than ourselves.’’ She said flooding risk was ‘‘not an issue’’ that was canvassed when she and her husband bought the property. ‘‘You never believe it’s going to happen to you,’’ she said.

Keith George, who paid $2.25 million for his ground-floor apartment 18 months ago, said he had waist-level water throughout his property. As a result, he will have to rip up floors and carpets, rebuild walls, and most of the apartment’s cabinets will have to be replaced. ‘‘I’m going to have to spend at least $100,000 to replace the cabinetry,’’ he said. ‘‘We won’t be back in here for months.’’ Mr George said the flood risk never came up when he was buying the property, partly because City Hall had approved the development. ‘‘And I always believed the Wivenhoe would not let the Brisbane River come up,’’ he said. Another resident, Julie Savage, said most people living in the complex were not too concerned on Tuesday night when other parts of the city started to evacuate their homes. ‘‘I got the impression everyone was relaxed because it could withstand a flood of 8.4m, so it would all be fine,’’ she said. It is not only residents on the ground floor who are affected, with those on the many levels above unable to return home because there is no power and no lifts working. ‘‘They were saying 12 weeks until they can return, but it might be eight,’’ Mr George said.

Chris Freeman, the former Queensland chief executive of Mirvac, also bought into Tennyson Reach, but higher than the flood level. Mirvac Development Queensland chief executive Matthew Wallace, who inspected the development yesterday, said the priority was to work with the body corporate to get the buildings reinstated, and ‘‘get peoples’ lives and properties back together’’.

The flooding hit the apartments 12 hours before the peak in Brisbane of 4.46m. It is believed the body corporate does not have flood insurance. Several owners who bought their apartments before the global financial crisis had looked for loopholes to litigate a way out of their contracts before settlement, but failed after filing actions in the District Court. The irony is that being misled over the level of their flood immunity might have provided a perfect exit.

After successfully defending itself against some residents’ claims that it misrepresented the quality of the river views, as well as a host of technical legal arguments surrounding the contract documents, Mirvac said the original buyers had to meet, in some cases, hundreds of thousands of dollars in default interest and associated costs. The development’s proximity to the city — 8km from the Brisbane CBD and a half-volley from championship tennis courts — was a large part of its appeal, along with the usual prestige trappings of gymnasium, swimming pool, walking and cycle tracks, barbecue areas, parklands and landscaped gardens.

Source- Australian, January 18th. 2011.

Alfred Tennyson’s Crossing the bar

SUNSET and evening star,
And one clear call for me!
And may there be no moaning of the bar,
When I put out to sea,
But such a tide as moving seems asleep,
Too full for sound and foam,
When that which drew from out the boundless deep
Turns again home.
Twilight and evening bell,
And after that the dark!
And may there be no sadness of farewell,
When I embark;
For tho’ from out our bourne of Time and Place
The flood may bear me far,
I hope to see my Pilot face to face
When I have crossed the bar.

8 Chifley Square- richard rogers classic industrial.

3 Jan

8 Chifley Square will be a premium grade commercial building on a landmark Sydney CBD site. It will stand a height of 30 storeys, with an approximate net lettable area of 19,000 square metres.

As the focal point of Chifley Square, the new tower will be a striking, premium grade office building with highly articulated and expressive architecture. Its distinctive design, adaptable workspaces, green credentials, public space and site-specific features deliver an interactive and cutting-edge workplace for the future.

A five storey void at the street level of the building will offer a grand entrance and add extensive public space to the already appealing Chifley Square precinct.

Architects: Rogers Stirk Harbour + Partners, Lippmann Associates in association with Mirvac Design



HEIGHT-roof-120m, core-141m, exhaust stacks-146m
number of floors-30, 21 actual office floors.
1 basement

#high performance glazing to control sun,heat,glare in workspace.
#facade-transparent double glazed with aluminuim sun lourves.
#25m high open foyer
# mid level & rooftop cafe areas for workers and public.
#external coloured steel support beams and exposed stairwells.
#6 star energy rated
#chilled beam co-generation & black water treatment plants.
#column free -1000sqm floors with rear service core

150m high ‘pomidou centre”


“…chifley makes an unparalleled contribution to the public realm, the idea of a dynamic and social workplace and the sustainability of the planet, without doubt the “next wave” of commercial buildings for our city…”

This new commercial high-rise project was commissioned by Mirvac Projects after Lippmann Partnership (in consultation with Rogers, Stirk, Harbour and Partners) won a City of Sydney Design Excellence Competition. The building accommodates 23,000 sq metres of premium grade office space at a prime location within the Sydney CBD.

The concept achieves three main objectives

1. an extension of the existing Chifley Square ground plane as public open space 

2. provision of an office “village” environment where varying floor plates allow 3 storey voids, offereing unique workspaces and flexibility within a commercial tower; and

3. achievement of a 6-star AGBR rating with photovoltaic sunshades, external sunscreens, blackwater treatment and co-generation plant resukting in a reduced carbon footprint of 70% for a building of this size.

After a 2 year delay duruing the global financial crisis, the project is nowe on site with expected completion date of 2013.


Mirvac aquires Harold Park- another billion dollar site!

10 Dec


10 December 2010

Mirvac Group (“Mirvac”) [ASX: MGR] is pleased to announce that the success of its
Development Division continues with the agreement today to acquire Harold Park Paceway,
Sydney, to be developed into a 1,200 lot masterplanned community, representing total
forecast revenue of over $1 billion.

Following on from the strong sales momentum at the Group’s recent project launches at
Waterfront Newstead ($27 million – presales), Yarra’s Edge, Docklands ($69 million –
presales), Rhodes Waterside, Sydney ($107 million – presales) and Endeavour 88, Sydney
($204 million – presales), Harold Park reinforces the Group’s development growth strategy.

Harold Park Paceway, home to the NSW Harness Racing Club, is located in Glebe,
approximately 2.5 kilometres from the Sydney CBD and comprises 10.6 hectares of
land. Harold Park benefits from the light rail which is located immediately adjacent to the
site providing direct link to Central Sydney.

Mirvac’s proposed scheme incorporates 1,200 medium density dwellings and will deliver
significant benefits to the local community including the dedication of 3.8 hectares of public
open space. Development of the site is expected to commence in early 2012, with
settlements forecast from financial year 2014.

The project will provide a significant boost to the local and state economies generating
approximately 3,500 direct jobs during construction.

Mirvac’s Managing Director, Nick Collishaw, said, “We are extremely excited about our
success in securing this prime site, as it is a clear fit with our core competencies.

“Mirvac’s ethos is to create great places for life which we have demonstrated for almost 40
years with an unparalleled ability to deliver integrated, generational masterplanned
communities. Key examples of these include Raleigh Park, and Walsh Bay in Sydney,
Beacon Cove in Melbourne and Waterfront Newstead in Brisbane,” Mr Collishaw said.

Source- Mirvac media release, December 10th, 2010.