Sydney, Australia Archives

Third.i announces a mixed-use masterplan for Sydney’s Gladesville Village

Posted on July 9, 2025July 9, 2025 by tgmaster

Leading Australian developer Third.i Group has officially announced plans for a landmark mixed-use redevelopment in the heart of Gladesville, signalling a new era for the suburb.

Located at 1–3 Flagstaff Street, 2–10 Cowell Street and 1 Massey Street, the proposed project will transform the ageing Gladesville Village Shopping Centre into a vibrant, community-focused precinct delivering more than 500 new homes.

This will be the first project of its kind for Gladesville, an integrated masterplan that not only responds to its surroundings but significantly improves upon the existing Local Planning Panel controls.

The development comprises more than 500 new apartments delivered through a combination of build-to-sell and build-to-rent housing, a circa 4,000 sqm major supermarket, a curated food and beverage precinct, a state of-the-art health and wellness centre, and over 4,500 sqm of publicly accessible open space.

Gladesville’s hospitality scene is set for a major boost. At the centre of the new precinct, a curated food and beverage offering will introduce some of Sydney’s most popular operators to the neighbourhood, activating the site day and night and creating a thriving social destination for locals and visitors alike.

Designed by award-winning architects i2C and with landscaping by Arcadia, the team behind Lane Cove’s acclaimed Canopy project, the proposal sets a new benchmark for place-making in Sydney’s Lower North Shore.

A continuous green spine stretching from Massey Street to Cowell Street forms the centrepiece of the design, offering pedestrian-friendly access and clear sightlines throughout the site. The result will be a connected town centre with a truly civic heart.

“This is a once-in-a-generation opportunity to reshape Gladesville into a lively, social and inclusive hub,” said Florian Callion, Head of Acquisitions at Third.i Group.

“We’ve worked closely with Hunters Hill Council to ensure this project aligns with their twenty-year vision for Gladesville. From day one, our focus has been on delivering a project that balances housing supply, thoughtful design and public benefit.”

The proposal directly responds to the Council’s Local Strategic Planning Statement (2020), which identifies Gladesville Village as a centre “primed for place-based redevelopment.” If approved, the project will help meet Hunters Hill Council’s National Housing Accord target, delivering much-needed homes in a time of chronic undersupply across Sydney.

“Now that Council’s updated plan is due to proceed to gateway and public exhibition, we look forward to working collaboratively with all stakeholders to bring this vision to life,” said Florian Callion, Head of Acquisitions at Third.i. “We’re excited by the opportunity to help deliver the kind of vibrant, connected and inclusive town centre that Gladesville residents have been waiting for.”

The project will also deliver significant public benefits without placing any financial burden on Council. All infrastructure upgrades, including new pedestrian connections, landscaped public domains, and civic amenities, will be fully funded by Third.i, demonstrating the developer’s commitment to delivering legacy projects that serve the broader community well into the future.

Pending approval, construction is expected to commence in late 2026.

Revitalizing Gladesville: Major Redevelopment Plans for Shopping Centre Unveiled

Posted on July 9, 2025July 9, 2025 by tgmaster

More details about the planned redevelopment of the upcoming Gladesville Shopping Centre were revealed in a rare radio moment at 2RRR on Tuesday, July 8.

Mayor of Hunters Hill, Zac Miles and developer Florian Callian, Head of Acquisitions at Third.i Group told 2RRR “Tuesday’s Morning Mix” host, Natalie de Silver, that this development was a “once in a generation opportunity to reshape Gladesville.”

“It’s going to be a really special area, and a far improvement from what’s there,” said Mr Callian.

Hunters Hill Council is proposing a redevelopment, including a new and improved shopping precinct, open space and more than 500 apartments up to 23 stories high. Mr Callion confirmed that the proposed development would include a hectare of open space, making the new centre more attractive and enjoyable.

“We are delivering close to 4000 (square metre), we are a bit over that, of public open space through that spine of the site, which is really going to let the community interact. There is obviously going to be tree canopies and potentially some small gathering areas.”

Mr Callion compared Third.i Group’s aspiring development to Lane Cove’s renowned ‘The Canopy’.

“What we are proposing to do is exactly just that, but even better,” said Mr Callion.

Mr Callion continued, “We’re wanting some really good quality food and beverage operators, there’s obviously going to be a brand-new Coles that’s going to go through… whether it’s childcare, we’ve got a 1500 to 2000 square metre health and wellness space that we want to put in there.”

Mayor Zac Miles responded, expressing that the current centre was not meeting the needs of our local community.

“The shopper experience has deteriorated significantly over the last decade or so, and what we really need is… some destination and food and beverage operators that go in there, that actually draw people into the centre.”

Mr Zac Miles furthered, “We do need a full format shopping centre. We do need better retail operators. There shouldn’t be you know, a couple of two-dollar shops and the tobacconist.”

Concerns about traffic and limited public transport options were addressed, with calls for the State Government to play its part and improve bus services and access from Victoria Road.

As a resident of our local community and host of 2RRR’s “Monday Morning Matters”, Mark Henderson (Hendo) expressed his concern about the lack of transportation in our area.

Hunters Hill Mayor Zac Miles said our concerns about traffic and transport were valid and needed to be addressed by the NSW Government.

“The main thing that I need to advocate for, from a council level, is we do need better public transport…we are not well serviced by public transport, and that is a State Government issue.”

Thirdi Lifts Covers on 500-Home Precinct at Gladesville

Posted on July 8, 2025July 9, 2025 by tgmaster

High-profile developer Thirdi Group has revealed plans to turn an ageing retail centre into a mixed-use development of more than 500 homes at Gladesville in Sydney’s north-west.

Planned for a site at 1-3 Flagstaff, 2-10 Cowell and 1 Massey streets, the proposal would transform the Gladesville Village Shopping Centre into a “vibrant, community-focused precinct” delivering more than 500 new homes, the developer said.

“This will be the first project of its kind for Gladesville, an integrated masterplan that not only responds to its surroundings but significantly improves upon the existing Local Planning Panel controls,” Thirdi said in a statement.

A combination of build-to-sell and build-to-rent homes are planned, along with a 4000sq m major supermarket, food and beverage precinct, health and wellness centre, and more than 4500sq m of publicly accessible open space.

“At the centre of the new precinct, a curated food and beverage offering will introduce some of Sydney’s most popular operators to the neighbourhood, activating the site day and night and creating a thriving social destination for locals and visitors alike,” Thirdi said.

Designed by architects i2C and with landscaping by Arcadia, the team behind Lane Cove’s acclaimed Canopy project, the proposal includes a continuous green spine stretching from Massey Street to Cowell Street, offering pedestrian-friendly access and clear sightlines throughout the site.

Thirdi head of acquisitions Florian Callion said the group had “worked closely with Hunters Hill Council to ensure this project aligns with their 20-year vision for Gladesville”.

“Our focus has been on delivering a project that balances housing supply, thoughtful design and public benefit,” he said.

The proposal responds to the council’s Local Strategic Planning Statement (2020), which identifies Gladesville Village as a centre “primed for place-based redevelopment”.

If approved, the project would help meet Hunters Hill Council’s National Housing Accord target, according to the developer.

“Now that the council’s updated plan is due to proceed to gateway and public exhibition, we look forward to working collaboratively with all stakeholders to bring this vision to life,” Callion said.

The project would also deliver significant public benefits without placing any financial burden on the council, Thirdi said, as all infrastructure upgrades, including new pedestrian connections, landscaped public domains, and civic amenities, would be funded by the developer.

If approved, it is slated to begin in late 2026.

The Urban Developer Awards Honour Best of 2024

Posted on January 13, 2025June 12, 2025 by tgmaster

The cream of the property sector gathered on the Gold Coast in July to celebrate standout property industry performers from across Australasia at the 2024 The Urban Developer Awards for Industry Excellence.

The winners were announced at a gala dinner at The Star on the Gold Coast on July 31.

The seventh annual awards, in association with Trilogy Funds, boasted a record 167 finalists across 23 categories from Australia and New Zealand.

Hosted by actor, author and comedian Matt Okine, more than 640 of the industry’s movers and shakers joined The Urban Developer to celebrate their achievements

The Urban Developer co-founder and chief executive Adam Di Marco said it had been an excruciatingly difficult task for the judging panel thanks to the calibre of finalists.

“Competition across all 23 categories was intense,” he said.

“The best and brightest projects in Australia’s built environment have again come to the fore in a true indication of the high standard of strong, sustainability-led design and projects, and the people behind them, in the region.”

Development of the Year – Medium-Density Residential

Kurraba Residences

Excellence in Marketing Innovation

Hume Place, Crows Nest

The most popular Sydney suburbs for downsizers and rightsizers in 2024

Posted on December 18, 2024June 12, 2025 by tgmaster

Downsizers and rightsizers have dominated the new and off the plan apartment market in 2024.

The two camps, downsizers in particular, are the least impacted by the continued high interest rates compared to a first home buyer or investor, positioning them as a key target for developers. Most of the new apartment developments that have come to the market in 2024 have been large apartments that suit the size and budgets of a downsizer.

Many downsizers have built significant equity in their family homes over the years and are now looking to move into more manageable living spaces, while also securing funds for retirement.

But where are downsizers and rightsizers looking to buy?

In this article, we’ve looked at the most popular suburbs in Sydney for both buyer demographics, highlighting some of the most popular developments in those areas.

Crows Nest

Crows Nest has attracted a wide range of apartment buyers over the past three months, especially following the launch of two of Sydney’s most in-demand developments near, and above, the newly opened Metro station.

Apartments in Elevate Hume Place, the apartment development by Third.i and joint venture partner Phoenix Property Investors above the Crows Nest Metro Station, have been snapped up since they hit the market.

Designed by Woods Bagot, Elevate will comprise 130 one, two and three and four-bedroom apartments, the larger apartments proving popular with the next home buyer demographic given the connectivity to the city and the growing lifestyle on offer locally.

TWT Property Group also has recently revealed The Collective nearby, on the fringe of Crows Nest village and a short walk from the metro.

Locals have driven the sales in the first building of what will be a multi-stage precinct with extensive retail and hospitality spaces.

The Sydney suburbs first home buyers are looking to buy off the plan apartments

Posted on December 10, 2024June 12, 2025 by tgmaster

Despite an interest rate cut not materializing in 2024 as many had anticipated at the start of the year, first home buyers appear content to enter the Sydney off the plan apartment market, somewhat reassured that rates are unlikely to rise in the short to medium term.

Data collected by MatterFact showed that first home buyers made up over 60 percent of enquiries in 2024 across New South Wales on Urban.com.au, driven by more affordable stock coming to market outside the city, particularly in and around suburbs along the recently opened Metro line.

Speaking with first home buyers across Sydney in 2024, the main driver of their purchase is the ability to afford the deposit, having saved up while living at home. However, many feel they are not yet ready to take on a mortgage. They are looking to enter the property market but aren’t prepared to begin repayments just yet, so they’re opting to buy into new developments at the earliest possible stage, knowing that the construction period will likely be at least two years, by which time they will be better positioned to begin repayments.

In this article, we explore the most popular suburbs in Sydney for first home buyers in 2024, highlighting some of the most sought-after developments in these areas.

Crows Nest

Another suburb to benefit from the metro boom is Crows Nest.

Previously relying on heading to the neighbouring St Leonards for a train, Crows Nest is now just minutes from the centre of Sydney on the metro, which is drawing first home buyers.

One of the most popular projects for the year, and it only launched a few months ago, is Elevate Hume Place, the apartment development being delivered literally above the Crows Nest Metro Station.

Third.i, and joint venture partner Phoenix Property Investors, have seen a great response to the 130 one, two and three-bedroom apartments that have been designed by Woods Bagot.

One-bedroom apartments, which are under $1 million, are being seen as a great investment given the rarity of a TOD (Transit Oriented Development) so close to the city, one which isn’t easily repeatable.

Not just first home buyers, but any buyer at Elevate can buy an apartment with just a $10,000 deposit, rather than the standard 10 per cent.

Going, going, gone: Record numbers of apartments sold at launch

Posted on December 9, 2024June 12, 2025 by tgmaster

Time is ticking for homebuyers wanting to get their foot in the door of the Elevate Hume Place development, with multiple apartments sold at launch to both local and international buyers.

Positioned strategically above the newly opened Crows Nest Metro Station, Elevate Hume Place by developer Third.i Group, alongside joint venture partner Phoenix Property Investors, generated significant interest from both local and international buyers.

Designed by Woods Bagot, Elevate Hume Place features 130 one-, two-, and three-bedroom apartments that combine modern aesthetics with convenience providing residents with seamless access to Sydney’s CBD in just seven minutes and Chatswood in four minutes, making it one of the most connected addresses in Sydney.

Third.i co-founder Luke Berry said the project has received over 6,000 leads with over 400 appointments to date, with this unprecedented demand and strong interest not only reflecting the quality of the apartments but also the increasing demand for convenient, transit-oriented living in Sydney’s dynamic real estate market.

“We are thrilled with the strong sales results at launch for Elevate Hume Place, this achievement highlights the growing appetite for contemporary living that prioritises accessibility and connectivity,” Luke said.

“The design, amenities, demographic, and prime location of Elevate Hume Place have attracted a diverse range of local and international buyers, from young professionals and first home buyers to investors and downsizers, all seeking the perfect blend of urban convenience and community charm.”

JLL’s head of residential project sales Australia Freya Watson said the development’s position to the Sydney Metro was a massive drawcard.

“Properties near metro stations often achieve a 20-30% price premium and attract high rental demand, which has contributed to the strong buyer interest,” Freya said.

Among the international buyers, 25% were seeking residences for their children studying in Sydney and another 25% comprising Australian passport holders or permanent residents looking for personal stays. The remaining 50% are investment-driven buyers, predominantly from Singapore and Hong Kong, drawn by the project’s strong rental returns potential.

“The Metro is a huge draw for buyers, especially those who value or are accustomed to the convenience of public transport, with its prime location and quick access to the CBD,” said Freya.

“The city views are also a major attraction, along with the abundance of schools and universities right on the doorstep.”

Elevate Hume Place buyers will experience a perfect blend of connectivity, community, and the vibrant lifestyle that Crows Nest offers.

“In addition to direct metro access, residents will benefit from being close to Crows Nest Village, which provides a variety of lifestyle amenities,” Luke said.

“The overwhelming interest underscores the demand for transit-oriented developments in Sydney, and we are proud to fulfil this need with Elevate Hume Place.

“We encourage interested buyers to act swiftly.”

A limited number of residences remain available at Elevate Hume Place, with prices starting from $970,000 to $12 million.

Third.i sells 50 per cent of Elevate, Hume Place apartments above Crows Nest Metro

Posted on December 3, 2024June 12, 2025 by tgmaster

Elevate Hume Place, the new apartment development above Crows Nest Metro by developer Third.i and joint venture partner Phoenix Property Investors, has raced to 50 per cent sold.

Both local and international buyers have driven the sales of one of the most popular transit-oriented developments in Sydney, above the newly opened metro that will connect future Elevate residents to the rest of Sydney in minutes.

Third.i Co-Founder Luke Berry said the project has received over 6,000 leads with over 400 appointments to date, with this unprecedented demand and strong interest not only reflecting the quality of the apartments but also the increasing demand for convenient, transit-oriented living in Sydney’s dynamic real estate market.

“With over 50 per cent of Elevate Hume Place sold, this achievement highlights the growing appetite for contemporary living that prioritises accessibility and connectivity,” Berry stated.

Freya Watson, JLL’s Head of Residential Project Sales Australia – the sales partner for Elevate Hume Place – shared insights into the diverse range of buyers the development has attracted.

“Elevate Hume Place sets a new standard for transit-oriented living, appealing to both owner-occupiers and investors. Properties near metro stations often achieve a 20-30 per cent price premium and attract high rental demand, which has contributed to the strong buyer interest. Buyers clearly recognise the long-term potential of this development.”

A significant portion of the buyer interest has come from Asia.

Among these international buyers, 25% are seeking residences for their children studying in Sydney, while another 25% are Australian passport holders or permanent residents looking for personal stays. The remaining 50% are investment-driven buyers, primarily from Singapore and Hong Kong, attracted by the project’s strong rental return potential.

“The Metro is a huge draw for buyers, especially those who value or are accustomed to the convenience of public transport, with its prime location and quick access to the CBD,” Watson added.

“The city views are also a major attraction, along with the abundance of schools and universities right on the doorstep.”

Berry says Elevate Hume Place buyers will experience a perfect blend of connectivity, community, and the vibrant lifestyle that Crows Nest offers.

“Elevate features shared spaces that promote community interaction, iconic Sydney views, and sustainable design elements. The thoughtfully designed apartments foster a meaningful connection to the natural surroundings while honouring the site’s rich history. In addition to direct metro access, residents will benefit from being close to Crows Nest Village, which provides a variety of lifestyle amenities.”

Prices at Elevate start from $970,000.

Third.i’s Crows Nest Metro Stage Wins Consent

Posted on November 20, 2024June 12, 2025 by tgmaster

Sydney developer Third.i and joint-venture partners Phoenix Property Investors have been granted consent by the Sydney Metro for their Hume Place over-station development.

Stage 2 of the project will offer 476 one, two and three-bedroom apartments and operate as a build-to-rent project and includes 60 affordable apartments.

Amenities for Stage 2 announced late last month include a health and wellness centre, golf simulator, co-working space, cinema, rooftop bar, pool, and music rooms.

Third.i and PPI will team up with community housing provider Evolve Housing to manage the project, offering one full tower of Site A as affordable housing in perpetuity.

Third.i and PPI was granted Stage 1 approval for the Metro Precinct development for sites A and B, before amending the concept State Significant Development Application (SSDA) for Site A for mixed-use, which includes affordable and private housing, retail and commercial floor space.

The amended plan, which was approved by Sydney Metro, includes 15 per cent, or $100 million worth, of accommodation for frontline workers at the nearby Royal North Shore and Mater hospitals.

The amended concept SSDA is compliant with the transit-oriented development rezoning proposal for Crows Nest announced earlier this year, which would add 3255 homes in precincts within a 1.2km radius of the Metro station.

Third.i last month said its Stage 1 Elevate project had attracted 300 appointments in its opening weekend, of which 25 per cent were Australian-based buyers, with a skew towards downsizers aged over 55.

Twenty-five per cent of interest was from Asia, and the remaining 50 per cent defined as investors, particularly from Singapore and Hong Kong.

International demand grows for Hume Place as build-to-rent Stage 2 plans unveiled

Posted on October 31, 2024June 12, 2025 by tgmaster

Leading Australian developer Third.i Group, alongside joint venture partner Phoenix Property Investors, is thrilled to announce the successful launch of Stage 1 at Hume Place, named Elevate, which has garnered significant international and local interest since its debut.

With nearly 6,000 leads and over 300 appointments during the opening weekend, the demand for the apartments above the Crows Nest Metro station from both local and overseas buyers is unprecedented due to the unique location offering unparalleled connectivity to Sydney’s CBD. Elevate Hume Place has captured the attention of diverse buyer demographics.

Notably, 25% of interested buyers from Asia are seeking residences for their children studying in Sydney, while another 25% are Australian passport holders or permanent residents looking for personal stays. The remaining 50% are investment-focused buyers, particularly from Singapore and Hong Kong, drawn to the project’s strong rental returns prospects. Following over 150 appointments with Asian buyers, the Asian roadshow has been extended with three additional events in Hong Kong and Singapore to accommodate the high demand.

In Australia, interest spans a diverse range of buyer demographics, including first-time homebuyers, seasoned investors, and downsizers. The variety of apartment offerings—from one and two-bedroom units to larger three-bedroom options—caters to various needs.

The appeal of the Crows Nest Metro station is a significant draw for both international and local buyers who appreciate the unrivalled connectivity it provides, with the recently opened City & Southwest Metro line placing Crows Nest only seven minutes from Sydney’s CBD and four minutes from Chatswood.

This strategic location not only facilitates seamless commuting but also promotes a vibrant community atmosphere, encouraging pedestrian activity and local engagement. The integration of the Metro system with Hume Place allows residents to enjoy the convenience of urban living while being well-connected to the broader city, making it an ideal choice for those seeking both lifestyle and accessibility.

“We have been overwhelmed with interest for Elevate Hume Place, with 6,000 leads so far and around 300 groups visiting the display suite on our opening weekend alone.”

“This remarkable interest underscores the demand for quality living spaces that offer exceptional connectivity, particularly with the Crows Nest Metro station providing direct access to the CBD in just seven minutes. The combination of stunning architecture and the convenience of urban living has truly resonated with both local and international buyers.” Said Luke Berry, Co-founder & Director of Third.i Group.

Plans for Stage 2 to be delivered as a build-to-rent offering have been announced by Third.i and Phoenix Property Investors, with Cushman & Wakefield appointed to sell the completed build-to-rent asset which will comprise circa 476 apartments, including approximately 60 units designated as affordable housing for frontline and key essential healthcare workers.

The turnkey build-to-rent asset is set to redefine build-to-rent living in Sydney by integrating wellness amenities and communal spaces designed for community connection. The amenities earmarked for Stage 2 include an innovative health & wellness centre, golf simulator, co-working space, cinema, rooftop bar, pool, music rooms, and much more.

With a limited number of build-to-rent projects in the pipeline in Sydney, Stage 2 at Hume Place is already attracting significant interest from international institutional capital looking to acquire the completed asset.

According to Josh Cullen, International Director & Head of Capital Markets, Australia and New Zealand at Cushman & Wakefield, the build-to-rent market is becoming increasingly recognised as a vital component in addressing housing shortages and evolving urban needs.

“As cities grow and populations increase, the demand for flexible, high-quality rental options has surged. Build-to-rent developments such as Stage 2 at Hume Place are designed to meet this demand by offering a diverse range of apartment sizes and layouts that cater to various demographics, from young professionals to families and essential workers.”

“Stage 2 at Hume Place is set to become a market-leading build-to-rent asset, generating significant interest both locally and internationally,” said Robert Huxley, Co-founder of Third.i Group.

“Crows Nest stands out as one of Sydney’s most connected locations, thanks to the new Metro station that places residents just seven minutes from the CBD. This exceptional connectivity, combined with the suburb’s affluent demographic and anticipated population
growth, creates a compelling case for a luxury build-to-rent offering. We are witnessing strong demand from investors who recognise the potential for high-quality rental options in this vibrant community.

“As we develop Stage 2, our focus will be on delivering not only stylish and sustainable living spaces but also amenities that foster a sense of community and well-being, ensuring that Hume Place meets the needs of modern urban dwellers,” Mr Huxley concluded.