One of the most rewarding parts of this year so far has been seeing a number of very different projects all reach meaningful moments at once.
From a record-setting penthouse sale at Seafarers, to breaking ground at New Epping Medical, to the reintroduction of Max Angus House in Hobart, each reflects a long-term commitment to creating places with depth, identity and purpose.
We’ve also continued to refine our existing assets, with the transformation at 379 Collins focused on something simple but important: making spaces that feel better to be in, every day.
Individually, these milestones matter. Together, they speak to the kind of portfolio we’re continuing to shape.
— Nick Warren
General Manager, Asset Management, Riverlee
The height of ‘quiet luxury’: record penthouse sale at Seafarers
Hotel-branded penthouse living attracts $20M-plus sale
Crowning our Seafarers development in Melbourne’s North Wharf, the 1 Hotel & Homes Melbourne penthouse has transacted for more than $20 million, marking one of Victoria’s highest-value apartment sales.
The 719-square-metre residence offers expansive private living alongside the hotel’s five-star services and amenities, with 200 staff available on-call for everything from private chefs to pet care.
Riverlee’s Development Director, David Lee said the result “shows there’s a robust market for lifestyle, luxury-oriented, hotel-branded residences – reaffirming our approach, commitment and belief in this product.”
READ THE FULL STORY IN THE AUSTRALIAN FINANCIAL REVIEW.
Melbourne's north gets a major health boost
Groundbreaking marks the next chapter for the New Epping Health Hub
Construction has officially commenced on New Epping Medical, a $100M, six-storey building set within the $1B New Epping Health Hub.
This state-of-the-art facility will bring together leading practitioners including anchor tenants Icon Cancer Centre and Lumus Imaging, and will connect directly to both the Northern Private and Northern Public Hospitals.
LEARN MORE.
116 Bathurst Street reborn as Max Angus House
A Hobart icon modernised with an inspired new identity
116 Bathurst Street in nipaluna/Hobart has been reintroduced as Max Angus House, honouring Tasmanian artist Max Angus AM and his enduring artistic legacy.
In collaboration with The Hanging Garden Group, the renewal restored the building’s rare 1959 Mondrian-inspired blue mosaic façade, introduced sustainability upgrades and modern workplace facilities, while preserving the building’s signature 20-metre indoor rubber fig tree.
READ MORE ABOUT HOW HISTORY SHAPED THIS ICONIC BUILDING.
A brighter, greener welcome at 379 Collins
Redesigned lobby brings nature, community and convenience to Collins Street
Our ground floor transformation at 379 Collins Street is now complete, marking the next stage in the building's renewal at the heart of Melbourne CBD. The upgrade delivers improved functionality, biophilic design elements, a new grab-and-go café and elevated tenant amenities, creating a welcoming environment for our tenant community and visitors alike.
The space has been guided by a deliberate design philosophy. Studio Tate's Alex Hopkins, who led the interiors transformation, reflects: "The lobby is less a point of entry and more a moment of recalibration. Natural light, scaled planting and softer spatial cues work together to support circadian rhythm and create a quieter, more considered arrival - one that carries through into the daily experience of the building."
READ MORE ABOUT OUR BIOPHILIC APPROACH.
