Queensland builder-developer MAYD has revealed the first look at its major North Kirra beachfront development, lodging amended plans that reduce the number of apartments and increase the proportion of larger residences.

The project is planned across a substantial 4,742 sqm amalgamated site spanning seven lots at <a href="https://www.apartments.com.au/new-apartments/2-6-pacific-parade-bilinga-qld-4225">2-6 Pacific Parade</a> and 27-33 Golden Four Drive in Bilin​ga, directly opposite Nor​th Kirra Beach.

<a href="https://www.apartments.com.au/developers/mayd-group">MAYD</a> secured the site for $32.5 million in 2025, in what was one of the Gold Coast's largest property transactions of the year.

The development will be delivered across two stages, with the first stage carrying an estimated gross realisation value of around $360 million.

The latest amendments seek to reduce the overall apartment count and shift the project further toward the owner-occupier market, with larger residences designed for buyers wanting considerably more space than traditionally offered in a beachfront apartment.

The residential mix will include townhomes, oversized two-bedroom apartments, substantial three-bedroom residences and four-bedroom homes.

MAYD has appointed Cera Stribley to lead the architecture and interiors, with the Melbourne-based design practice drawing on the beachfront setting through a series of ocean-facing terraces and heavily landscaped balconies.

Strong horizontal forms and curved balconies will define the exterior, with subtropical landscaping integrated throughout the building to soften the built form and increase the connection between the residences and the beachfront.

The project will also include an extensive collection of resident wellness and lifestyle facilities, continuing the broader shift across the Gold Coast's luxury apartment market toward larger homes supported by resort-style amenity.

<img alt="MAYD" data-entity-type="file" data-entity-uuid="d1bcbb05-e659-4b47-8bd4-1e595315e2ad" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-27%20at%202.05.03%E2%80%AFPM.png?VersionId=jj0XEud1X1DuLt7_KyElhjMdZGOXmLHP" />

MAYD Founder Todd Mould said North Kirra was increasingly appealing to buyers attracted to the more established, lower-density character of the southern Gold Coast.

"North Kirra presents one of the most compelling luxury residential opportunities currently emerging in Australia, combining absolute beachfront with the character and authenticity that buyers are increasingly seeking, and the same sense of tight-knit community that defined Burleigh and Currumbin perhaps 10 or 15 years ago," Mould said.

"With Gold Coast Airport on its doorstep, it also offers a level of accessibility that broadens its appeal across almost every market demographic."

The project comes as the southern Gold Coast continues to attract an increasing share of high-end apartment development and buyer activity.

Kirra in particular has emerged as one of the region's more tightly held beachfront markets, with its relatively low-density character, established surf and hospitality scene and proximity to Gold Coast Airport differentiating it from the higher-density markets further north.

Mould said those characteristics had informed the approach MAYD and Cera Stribley had taken to the project.

"We've worked closely with Cera Stribley to create a vision that is deeply connected to its surroundings," he said.

"Inspired by the coastline itself, the architecture has been shaped around space, privacy and resort-style living, creating a collection of homes that reflects the next generation of luxury on the southern Gold Coast."

MOTIV Managing Director Carly Cottam, who has been appointed to market the project, said buyer attention had continued to move south along the Gold Coast.

"Purchasers who may once have defaulted to Broadbeach, Main Beach or Surfers Paradise are increasingly recognising the value of a genuine beachfront location that offers lower density, strong amenity and a more established sense of community," Cottam said.

"Kirra has a powerful combination of growing demand and genuine scarcity. Beachfront supply is inherently constrained, the area remains relatively low density, and buyers are increasingly placing a premium on locations that feel established, uncrowded and authentic rather than heavily developed."

Cottam said the proximity to Gold Coast Airport was also proving increasingly important for interstate and second-home buyers.

"Being minutes from Gold Coast Airport makes it particularly compelling for interstate buyers, frequent travellers and second-home purchasers who can access an authentic coastal lifestyle almost immediately after stepping off a flight."

The acquisition takes MAYD's active development portfolio to more than $500 million, with the North Kirra project representing one of its largest undertakings to date.

MAYD is targeting an early 2027 launch.

Joel Robinson

First look at MAYD's North Kirra mixed-use precinct

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Castle Hill, the longtime hub of the Hills District, has been one of the major beneficiaries of Sydney's Metro expansion, with improved connectivity helping drive continued population growth, development and buyer demand across the Hills District.

But despite that growth, the suburb has seen relatively few major new apartment projects brought to market over the past 18 months.

Hills District developer Reve Group is looking to fill that gap with <a href="https://www.apartments.com.au/new-apartments/nova-r-ve-castle-hill-2-garthowen-crescent-castle-hill-nsw-2154">Nova Rêve</a>, a major new mixed-use precinct on the corner of Garthowen Crescent and Old Castle Hill Road, a short walk from Castle Hill Metro Station and Castle Towers.

[smartcode_project:default project_id=152737 project_image_fid=377679]

The project will comprise three residential towers alongside a hotel, restaurants, cafes and a skybar, more than 1,600 sqm of ground-floor retail and almost an acre of landscaped gardens.

It represents the largest project undertaken by Reve Group, the development arm of the Kassis family, which has been building across the Hills District for more than 30 years through Kassis Homes.

[smartcode_project:default project_id=152737 project_image_fid=377675]

Nova Rêve also represents a significant step up from the family's first apartment development, Grand Rêve, which was delivered nearby on Garthowen Crescent.

Grand Rêve introduced larger, house-like apartment layouts and premium inclusions including Wolf and Sub-Zero appliances to the Castle Hill market.

Nova Rêve takes that approach to a precinct scale, combining the residential component with hospitality, retail and substantial public and resident landscaping.

[smartcode_project:default project_id=152737 project_image_fid=377685]

Reve Group Managing Director Sam Kassis said the project reflected the family's three decades of building in the Hills, which has evolved from trophy homes on quarter-acre blocks to larger-scale apartment development.

"Grand Rêve was our first apartment project here and it showed us what this pocket of Castle Hill could be. Nova Rêve is the refinement of that idea: not just apartments, but a place the whole suburb can use," Kassis said.

A key part of that approach is the hotel, which has been designed to operate as an amenity for the wider Castle Hill community rather than solely hotel guests.

It will include restaurants, cafes, skybars and all-day dining, alongside conference and event facilities catering to business functions, community groups and private events.

At ground level, more than 1,600 sqm of shops and cafes will open onto the surrounding streets and landscaped areas.

Almost an acre of gardens designed by Land and Form Studios will run through the precinct, incorporating pathways, seating, barbecue areas and children's play spaces.

[smartcode_project:default project_id=152737 project_image_fid=377680]

Reve Group's Romio Georges said creating an active ground plane had been central to the planning of Nova Rêve.

"There are gardens with pathways, barbecues, seating and play areas, shops and cafes opening onto the street, and a hotel with restaurants and a skybar that anyone in Castle Hill can walk into," Georges said.

The project's elevated position on one of Sydney's highest ridgelines will also provide apartments with outlooks toward the Sydney skyline, surrounding parkland and the Blue Mountains.

More than 80 per cent of the apartments will occupy corner positions, with Turner responsible for both the architecture and interiors.

&nbsp;

[smartcode_project_cta:default project_id=152737]

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Nova Rêve arrives as Reve Group bets on Castle Hill's next growth phase

A collection of just 25 large-format apartments and penthouses overlooking Goodwin Park is entering the Coolangatta market, with <a href="https://www.apartments.com.au/new-apartments/marea-residences-coolangatta-27-27a-dixon-street-coolangatta-qld-4225">Maréa Residences</a> combining a low-density, residential-only approach with uninterrupted park and Pacific Ocean outlooks.

Located at 27 Dixon Street, Maréa comprises three and four-bedroom residences alongside a limited number of dual-level penthouses, with the project positioned between Goodwin Park and <a href="https://www.apartments.com.au/developments/coolangatta-qld-4225">Coolangatta</a>’s coastal precinct.

Construction has commenced, with completion currently estimated for late 2027. Three-bedroom residences are priced from $1.8 million.

[smartcode_project:default project_id=150999 project_image_fid=374005]

The project has been designed around its northern outlook across the park, with the building’s architecture, landscaping and material palette intended to establish a connection with the neighbouring green space. The residences have been configured to maximise natural light and views across Goodwin Park towards the ocean.

Inside, the material palette incorporates timber, stone and brushed brass, complemented by curved detailing and ambient lighting. Kitchens and bathrooms carry the same natural material approach, while residences also include basement parking, storage and lift access.

Maréa’s penthouses are arranged over two levels and include private pools, adding another layer to the project’s focus on larger-format apartment living. Across the development, residences are configured with three or four bedrooms rather than the broader mix of smaller apartment types commonly found in larger projects.

[smartcode_project:default project_id=150999 project_image_fid=374010]

Resident amenity is concentrated at rooftop level, where landscaped entertaining terraces and pools take advantage of elevated views across Coolangatta and the Pacific Ocean.

The project has so far been particularly well received by local owner-occupiers and downsizers, according to Urban Activation Property Sales and Marketing Director Matt George, with the residential-only format, construction quality and northern park outlook among the features resonating with purchasers.

“The uninterrupted northern aspect overlooking Goodwin Park has been a key point of difference, with buyers attracted to the sense of serenity and open space the park provides, while still enjoying easy access to the ocean and being within walking distance of the lifestyle and amenities Coolangatta has to offer,” George said.

[smartcode_project:default project_id=150999 project_image_fid=374002]

“The combination of high-quality construction, a residential-only building, park outlook and proximity to the beach has resonated strongly with the local downsizer market.”

The Dixon Street address is within walking distance of Coolangatta Beach and the broader southern Gold Coast coastline, including the surf breaks at Snapper Rocks and Kirra. Coolangatta’s cafés, restaurants and retail are nearby, while Gold Coast Airport is also within close proximity.

[smartcode_project_cta:default project_id=150999]

Maréa Residences brings parkside apartments to Coolangatta

Melbourne developer PDG has secured Victorian Government approval for its $1.5 billion Southbank development <a href="https://www.apartments.com.au/new-apartments/the-one-1-queens-bridge-street-southbank-vic-3006">The One</a>, clearing the way for the long-dormant riverfront site opposite Crown to finally be developed.

The Minister for Planning has approved the project at 1-29 Queens Bridge Street, with the Department of Transport and Planning issuing the planning permit following its assessment.

The approval will allow PDG to develop the prominent 5,059 sqm site with a major mixed-use tower comprising premium apartments, including branded residences, a luxury hotel and boutique office space.

PDG acquired the site in late 2024, with its position directly opposite Crown's main entrance and near Melbourne's Arts Precinct making it one of Southbank's most significant remaining development opportunities.

<img alt="PDG" data-entity-type="file" data-entity-uuid="3933013e-6332-4386-b9be-089df05caf17" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-27%20at%209.29.22%E2%80%AFAM.png?VersionId=sITIgBqDL0N3VNSMwWEmF5UA.uvcsRyu" />

Designed by COX in collaboration with ODO and PDG, the tower's architecture draws on the movement of the Yarra River, with six vertical pleats running the height of the sculpted facade.

The project will also see the heritage-listed Queens Bridge Hotel restored and incorporated into the development&nbsp;with new hospitality and public uses, including a rooftop venue.

A significant component of The One will be its residential amenity.

More than 5,000 sqm of resident facilities will be delivered across a single level, making it one of the largest consolidated residential amenity offerings proposed in an Australian apartment development.

The planning approval also incorporates a major upgrade of Queensbridge Square, which PDG will deliver in partnership with the City of Melbourne.

<img alt="PDG" data-entity-type="file" data-entity-uuid="73167fcd-1031-4b6f-a408-a064cfe45ed1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-27%20at%209.29.17%E2%80%AFAM.png?VersionId=Pf1AEWxw6SNmBqR0zQW5lyEze.MtxgFp" />

The existing square will be revitalised as a new civic and pedestrian space along the Yarra River, strengthening the connection between the project, Southbank and the riverfront.

PDG Founder and Managing Director Vince Giuliano said the approval represented a major milestone for a site which has remained largely underutilised for more than 15 years.

“This is the most significant Planning Permit approval Melbourne has seen in recent years,” Giuliano said.

“For more than 15 years, this site has remained underutilised. This approval enables us to deliver a project that will contribute meaningfully to the revitalisation of Southbank, restore and reactivate an important heritage building, and create a new civic and hospitality destination for Melbourne.”

The latest approval follows an earlier planning permit issued by the City of Melbourne covering demolition works across part of the site at 9-29 Queens Bridge Street. Those demolition and early works are already underway.

PDG has also started generating early interest in the residential component from owner-occupiers ahead of a planned public launch in early 2027.

PDG secures approval for $1.5bn Southbank apartment development, The One

Local developer Harridan is seeking to turn its Woolloongabba apartment project into the first stage of a broader transformation of Burke Street, using a new 16-storey mixed-use building to establish a greener pedestrian connection toward the rapidly evolving Boggo Road transport and knowledge precinct.

The South East Queensland developer has filed plans for 154 apartments on the <a href="https://www.apartments.com.au/new-apartments/4-burke-street-woolloongabba-qld-4102">southern side of Burke Street</a>, where its proposal has been designed alongside a wider vision by LatStudios for the street.

That vision positions the southern side of Burke Street for buildings of 15 storeys and above, while envisaging lower-rise development of up to five storeys on the northern side to transition into Woolloongabba's existing character housing. It also proposes wider pedestrian verges, deep planting, new street trees and upgrades to the pedestrian approach to Boggo Road Station.

The Harridan development itself has been designed by Brisbane-based Arqus Design and will comprise 154 apartments across 16 storeys. The mix is weighted heavily toward two-bedroom apartments, with 121 proposed alongside 10 one-bedroom and 23 three-bedroom residences. There will typically be around 14 units per floor.

A lower-ground car park and three podium levels will accommodate 156 resident parking spaces, along with visitor and commercial parking. There will also be 154 resident bicycle spaces and 40 visitor bicycle parks.

&nbsp;

Harridan is a family-owned developer and part of the Holmwood Highgate Group, with more than three decades of development activity across South East Queensland. Its portfolio spans residential, commercial and industrial property, with current residential projects including Riverbank on Byron in Bulimba, Esperance Residences in Carina and The Precinct at Kinross Road in Thornlands.

Wooloongabba has been popular for apartment developers, particularly since the announcement of the 2032 Summer Olympics games in Brisbane.

While there have been a lot of development applications, it has failed to materialize into real supply.&nbsp;

Sarazin has been the major player in the area. They are under construction at Murcia Residences, on the fringe of East Brisbane and Woolloongabba. They have just launched <a href="https://www.apartments.com.au/new-apartments/the-stanley-residences-woolloongabba-8-trafalgar-street-woolloongabba-qld-4102">The Stanley Residences</a>, in Woolloongabba on Trafalagar Street. They also have Nuage coming soon on the nearby <a href="https://www.apartments.com.au/new-apartments/nuage-woolloongabba-14-wellington-road-woolloongabba-qld-4102">Wellington Road</a>.

First look: Harridan plans Burke Street transformation beside Boggo Road transport hub

Sydney’s property market is known for high prices, competitive bidding, and mounting pressure on first home buyers. But change is on the horizon.

From late 2025, eligible first home buyers in New South Wales will have access to a new federal government initiative aimed at addressing affordability: the Help to Buy Scheme.&nbsp;

<h2>What is the Help to Buy Scheme?</h2>

The program introduces a shared equity model intended to reduce the upfront cost of entering the property market, particularly in high-demand urban areas such as Sydney.

The scheme operates under a shared ownership structure in which the federal government takes an equity stake of up to 40 per cent for new homes, or 30 per cent for existing dwellings. This arrangement allows eligible buyers to significantly reduce their loan size and avoid the added cost of Lenders Mortgage Insurance (LMI).

Under this model, purchasers can enter the property market with as little as a two per cent deposit, well below the traditional 10 to 20 per cent usually required. The government’s contribution is not a loan but a co-ownership stake in the property. As such, there is no interest or rent charged on its portion.

Because the government’s equity combined with the buyer’s deposit typically meets or exceeds the 20 per cent threshold, LMI does not apply. The remaining balance, generally between 60 and 70 per cent of the property’s value, is financed through a standard home loan with a participating lender.

The government's equity in the property remains in place until the buyer chooses to repay it voluntarily or until the property is sold. Buyers can buy back the government’s share over time, in increments of at least five per cent, depending on their financial situation.

There is no fixed repayment timeline, but the amount to be repaid will be based on the property's market value at the time of repayment, not the original purchase price.

<h2>How do you qualify for the&nbsp;Help to Buy Scheme?</h2>

To qualify for the Help to Buy Scheme, applicants must meet the following conditions:

<ul>
	<li>Be an Australian citizen at least 18 years of age.</li>
	<li>Be a first-home buyer who does not currently own property.</li>
	<li>Intend to live in the property as their primary residence.</li>
	<li>Earn less than $100,000 per year for individuals, or $160,000 for couples.</li>
	<li>Purchase a property within the regional price caps, currently $950,000 in Sydney, though this is expected to rise to approximately $1.3 million ahead of the program’s launch.</li>
</ul>

While the Help to Buy Scheme does not solve affordability challenges across the board, it does offer a more accessible pathway for a defined segment of the market, particularly younger buyers with moderate incomes who have been priced out of traditional lending routes.

The scheme is expected to commence in NSW in late 2025, as part of a national rollout.

Under the new model, purchasers can enter the property market with as little as a two per cent deposit, well below the traditional 10 to 20 per cent usually required

Help to Buy Scheme: What first home buyers in NSW need to know

The First Home Owners Grant (FHOG) is a government initiative designed to help eligible first-time home buyers by offering financial assistance towards the purchase or construction of a new home.

While the FHOG is a nationwide program, it is administered separately by each state and territory, meaning the eligibility criteria, grant amounts, and property requirements can vary depending on your location. This means that the amount available and the conditions attached to the grant will differ, so it is important to check the specific guidelines for your state or territory.

It’s important to note that the FHOG is just one of several incentives available to first home buyers. In most states and territories, the grant is not linked to stamp duty exemptions or concessions, with the exception of the Australian Capital Territory (ACT). The FHOG is typically a one-off payment, reducing the overall cost of purchasing or building a new home before any stamp duty concessions are applied.

Below, we provide a breakdown of the First Home Owner Grants available across Australia, outlining the specific details for each state and territory.

<h2>New South Wales First Home Owner Grant</h2>

First Home Owner Grant: Offers a $10,000 grant for new homes valued up to $600,000. For land purchases and owner-builders, the threshold extends to $750,000.

Stamp Duty Benefits: Provides full stamp duty exemption for homes valued up to $800,000, with concessions available for properties up to $1 million.

<h2>Victoria South Wales First Home Owner Grant</h2>

First Home Owner Grant: Provides a $10,000 grant for first-home buyers purchasing or building new homes valued up to $750,000.

Stamp Duty Benefits: Offers full stamp duty exemption for properties up to $600,000, with concessions available up to $750,000.

<h2>Queensland First Home Owner Grant</h2>

First Home Owner Grant: Offers $30,000 for contracts signed between 20 November 2023 and 30 June 2025. The FHOG applies to new homes valued up to $750,000.

Stamp Duty Concessions: Provides additional concessions for properties valued up to $800,000.

<h2>Western Australia First Home Owner Grant</h2>

&nbsp;

First Home Owner Grant: Offers a $10,000 grant for new homes valued up to $750,000 in the southern regions and up to $1 million in the northern regions.

Stamp Duty Concessions: Available for homes valued up to $600,000 for transactions entered into on or after 9 May 2024.

<h2>Australian Capital Territory First Home Owner Grant</h2>

First Home Owner Grant: Replaced by the Home Buyer Concession Scheme, offering full stamp duty concessions for eligible buyers.

<h2>South Australia First Home Owner Grant</h2>

First Home Owner Grant: Provides up to $15,000 for new homes, including houses, apartments, and townhouses. As of 6 June 2024, there is no property value cap for eligibility.

Stamp Duty Relief: Available for new homes and vacant land purchases.

<h2>Tasmania First Home Owner Grant</h2>

First Home Owner Grant: Offers a $10,000 grant for new homes and off the plan purchases.

Stamp Duty Exemption: Between 18 February 2024 and 30 June 2026, first home buyers of established homes valued up to $750,000 receive a full exemption on property transfer duty.

<h2>Northern Territory First Home Owner Grant</h2>

First Home Owner Grant: The Northern Territory provides a $10,000 grant for new homes only. Additional government grants and concessions are available for first home buyers.

Stamp Duty Exemption: The only stamp duty exemption available to property buyers is the House and Land Package Exemption (HLPE).

Eligibility criteria and application processes differ across states. Prospective buyers should refer to their respective state revenue offices for full details on grant availability, conditions, and additional concessions.

Every First Home Owner Grant for new property by state

In the ever-evolving landscape of sustainable architecture and environmentally conscious design, systems and ratings in place can help determine the energy efficiency of residential buildings in Australia.

Australia has multiple building rating systems that evaluate energy efficiency and sustainability in existing and new building designs.

Some systems assess individual building components, while others provide an overall rating for the entire structure.

A rating system ensures that homes are comfortable and energy-efficient, whether you are buying, renovating, or building.

NatHERS (Nationwide House Energy Rating Scheme) is a common way for new homes to meet energy efficiency requirements.

As new developments continue to shape the urban environment, understanding NatHERS ratings becomes essential for developers and homeowners. This article delves into the concept of NatHERS ratings, their significance, and how they contribute to creating energy-efficient homes.

<h2>What is NatHERS?</h2>

NatHERS is a national initiative implemented by the Australian government to promote energy efficiency in residential buildings. The scheme aims to provide a standardised method for assessing the thermal performance of homes, considering factors such as insulation, orientation, ventilation, and building materials.&nbsp;

NatHERS ratings are the most common way new homes meet the National Construction Code's (NCC's) minimum energy efficiency requirements.&nbsp;

NatHERS assessments provide thermal and whole-home ratings for new homes, townhouses, and apartments.

The rating helps evaluate the energy performance of buildings, guides homeowners and developers to make informed decisions about the energy efficiency of their properties, and encourages the construction of more sustainable, comfortable, and cost-effective homes.

<h2>How NatHERS Ratings Work</h2>

NatHERS ratings are determined through four accredited software tools (AccuRate, BERS Pro, FirstRate5, HERO) using a calculation engine CSIRO developed to predict building temperature based on various factors.

The tools can model complex effects of building mass, insulation, window size, and other elements.

The outcome is a star rating that reflects the building's overall thermal efficiency, indicating how well it can maintain a comfortable indoor temperature without excessive reliance on heating or cooling systems.

The star rating scale ranges from 0 to 10, with a 6-star rating being the minimum requirement for compliance with the National Construction Code (NCC).&nbsp;

Achieving a higher star rating demonstrates a commitment to energy efficiency and sustainability, as the building is better equipped to minimise its environmental impact and reduce long-term energy costs.

Anyone can use NatHERS tools, but accredited assessors can provide certified ratings and professional advice.

<h2>Benefits of Higher NatHERS Ratings</h2>

Energy Efficiency: Buildings with higher NatHERS ratings are more energy-efficient, requiring less heating and cooling energy. This reduces the structure's carbon footprint and lowers occupants' energy bills.

Cost Savings: Homes with higher NatHERS ratings are generally more energy-efficient, resulting in reduced energy consumption for heating and cooling. This translates to lower energy bills for homeowners, making sustainable living environmentally friendly and economically viable in the long run.

Environmental Impact: Lower energy consumption directly translates to a reduced environmental impact. Buildings with higher NatHERS ratings contribute to the overall goal of mitigating climate change by lowering greenhouse gas emissions associated with heating and cooling systems.

Improved Comfort: Buildings with high NatHERS ratings offer better thermal comfort to occupants. Proper insulation, well-designed ventilation, and optimal orientation maintain a consistent and comfortable indoor temperature, providing occupants with a more enjoyable and healthier space.

Market Value and Desirability: Higher NatHERS ratings can enhance the market value of a property. As energy efficiency becomes a more significant consideration for homebuyers, a well-rated building may attract a premium price and stand out in the real estate market.

Compliance with Building Codes: NatHERS ratings are a vital component of the National Construction Code (NCC), and compliance with these ratings is often a mandatory requirement for new developments. Local councils and planning authorities may set minimum energy efficiency standards that must be met to obtain development approval.

The Nationwide House Energy Rating Scheme (NatHERS) is a crucial initiative shaping the future of energy-efficient, resilient, and cost-effective homes. With its recent upgrades, NatHERS has evolved into a world-leading tool for the building sector, supporting the global commitment to achieving net-zero emissions by 2050.

Staff Writer

What is a NatHERS rating in new off the plan apartment developments?

Mixed-use developments have gained significant popularity across Australia in recent years due to their unique blend of residential, commercial, and recreational spaces.

Unlike traditional single-purpose developments, mixed-use projects offer a harmonious integration of various functions within a single locale.

Residential units seamlessly coexist with commercial establishments, retail outlets, dining venues, entertainment hubs, and recreational facilities, with the combination not only enhances convenience but also fosters a vibrant lifestyle and a sense of community.

<h3>Convenience and accessibility</h3>

Mixed-use developments are designed with convenience in mind. They often integrate residential units with commercial spaces, retail outlets, restaurants, and recreational facilities, creating a self-contained community.

[smartcode_project:default project_id=114215 project_image_fid=204874]

The proximity allows residents to enjoy the convenience of having essential amenities and services within walking distance. Whether it's grabbing a cup of coffee, going grocery shopping, or accessing healthcare services, everything is conveniently located, saving residents time and effort.

<h3>Vibrant lifestyle and community</h3>

One of the major advantages of mixed-use developments is the vibrant lifestyle they offer. With a diverse range of amenities and communal spaces, residents have ample opportunities to interact, socialise, and build a sense of community.

[smartcode_project:default project_id=107714 project_image_fid=214122]

The presence of parks, community centres, and shared spaces fosters a lively atmosphere, encouraging residents to engage in various activities and events. The vibrant lifestyle within these developments creates a unique sense of belonging and camaraderie among the residents.

<h3>Potential for higher rental yields and property value appreciation</h3>

Mixed-use developments tend to attract a broad range of tenants and buyers due to their versatile nature. This high demand can result in higher rental yields for investors and potentially lead to property value appreciation over time.

[smartcode_project:default project_id=139989 project_image_fid=212887]

The integration of commercial and retail spaces attracts businesses, which can provide a stable rental income stream. Additionally, the popularity of mixed-use developments often drives up property values, making them a potentially lucrative investment in the long term.

<h3>Enhanced security and maintenance</h3>

Mixed-use developments typically have comprehensive security measures in place. With controlled access points, CCTV surveillance, and professional security staff, residents can enjoy enhanced safety and peace of mind.

[smartcode_project:default project_id=108019 project_image_fid=212658]

Additionally, these developments often have dedicated maintenance teams responsible for the upkeep of common areas, landscaping, and infrastructure. This ensures that the overall appearance and functionality of the development are well-maintained, creating a pleasant living environment for residents.

<h3>Live-work-play balance</h3>

One of the key attractions of mixed-use developments is the ability to achieve a desirable live-work-play balance. The integration of residential and commercial spaces allows residents to live closer to their workplaces, reducing commuting time and improving work-life balance.

The proximity to various amenities and recreational facilities encourages an active and healthy lifestyle. Residents can easily access fitness centres, parks, restaurants, and entertainment options, all within the same development, leading to a more fulfilling and convenient way of life.

alisonwarters@gmail.com

The top five reasons to buy in a mixed-use development

When buying a property, everyone needs to be aware of the additional costs that come as part of the buying process.

Often the largest outlay, after the deposit which goes to the bank, is stamp duty.

<h2 style="line-height: 1.38;">What is Stamp Duty?</h2>

Stamp duty is an extra tax to pay the government when you buy land, a property, and other certain assets.

It happens when the legal ownership is transferred. It can also be known as property transfer duty or transfer duty.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="415" src="https://www.youtube.com/embed/C32BWkB5--c" title="YouTube video player" width="660"></iframe>

<h2>Who pays Stamp Duty?</h2>

In some circumstances, you may get an exemption. For some states, you won’t have to pay for stamp duty if you are a first home buyer or a pensioner for houses under a particular price. There are also stamp duty concessions, where you may be entitled to a discount.

<h2>How much does Stamp Duty cost?</h2>

Each state has different rules which affect how much you need to pay. These rules can affect the rate you pay, and the timeframe you will need to pay in. Before you buy land or a property, make sure you check the up-to-date information for your state’s stamp duty.

You can use a free stamp duty calculator online to see approximately how much you’ll need to pay. Find out if you’re eligible for an exemption by enquiring on a project via Urban!

Overall, the stamp duty you need to pay will depend on:

<ul>
	<li aria-level="1">How much your land/property is worth</li>
	<li aria-level="1">Where your land/property is located</li>
	<li aria-level="1">What type of land/property it is</li>
</ul>

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Ellen Walker

Off-the-plan property explained: What is stamp duty?

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CB Richard Ellis won five awards, including the Commercial Agency of the Year title, at the Real Estate Institute of NSW awards night.
In a clean sweep of the commercial categories, CBRE senior director of office services Jenine Cranston was named commercial salesperson of the year.
CBRE director of asset services Craig Lambert was named commercial property manager of the year.
CBRE associate director of valuation and advisory services Mark Willers was named valuer of the year.
CBRE managing director of residential projects David Milton took out the project marketing award.
The Real Estate Institute of New South Wales awards recognise achievements and innovation in all fields of real estate practice.
Former institute president Steve Martin was awarded the 2011 Woodrow Weight Award, which recognises outstanding service to the institute as well as the real estate profession.
“The Woodrow Weight Award is the highest accolade which we can give to one of our peers, and I am honoured to award it this year to Steve Martin,” says REINSW president Wayne Stewart.
“Steve’s real estate journey began in Melbourne as a young property manager learning the ropes on the job with 300 rentals on the books.
“It was the start of a career which has so many highlights, not least of which will be the 25th anniversary in 2013 of his purchase of his own agency in Albury, which now boasts a team of 15.”
2011 REINSW AWARDS FOR EXCELLENCE - WINNERS 
AUCTIONEERS 
Peter Matthews – Ray White Lower North Shore 
AUCTION MARKETING 
Danny Grant – Ray White Lower North Shore 
BUSINESS AGENT 
Con Tastzidis – CST Properties 
BUYERS’ AGENT 
Jacqueline Parker – House Search Australia 
COMMERCIAL AGENCY – LARGE 
Sponsored by INCORPORATE Design
CB Richard Ellis
 
COMMERCIAL AGENCY – SMALL
Sponsored by INCORPORATE Design
Gunning Commercial 
COMMERCIAL PROPERTY MANAGEMENT
Craig Lambert – CB Richard Ellis 
COMMERCIAL SALES &amp; LEASING
Sponsored by INCORPORATE Design
Jenine Cranston – CB Richard Ellis 
CORPORATE SUPPORT
Sponsored by Real Estate Career Developers
Danielle Dingwall – Morton &amp; Morton 
DELIVERY OF ELECTRONIC PROPERTY DATA
Sponsored by NSW Land &amp; Property Information
Colliers International (NSW) Pty Ltd 
 
HOLIDAY &amp; SHORT-TERM RENTALS
Raine &amp; Horne Terrigal-Avoca Beach
 
INNOVATION
Sponsored by Blayney Potential Plus
Real Estate Partners 
JOHN GREIG OAM COMMUNITY SERVICE
Sponsored by Westpac
Leighton Walters – True Property 
PROJECT MARKETING
David Milton – CB Richard Ellis 
RESIDENTIAL AGENCY – LARGE
Sponsored by realestateVIEW.com.au
Morton &amp; Morton 
RESIDENTIAL AGENCY – MEDIUM  
Sponsored by Total Real Estate Training
John Flood Estate Agents
True Property
 
RESIDENTIAL AGENCY – SMALL
Sponsored by PoolWerx
Breakfast Point Realty 
RESIDENTIAL PROPERTY MANAGEMENT
Sponsored by Direct Connect
Katherine Gaitanos – McGrath Estate Agents 
 
RESIDENTIAL SALES
Sponsored by Realcover
Kingsley Looker – Cunninghams Property 
RURAL MARKETING 
Philip Rourke – Landmark Operations Ltd
 
VALUATION
Mark Willers – CB Richard Ellis 
WEBSITE – CORPORATE 
Sponsored by RealSatisfied
Morton &amp; Morton 
WEBSITE – INDEPENDENT
Place Double Bay 
YOUNG AGENTS – COMMERCIAL SALES &amp; LEASING ACHIEVEMENT
Sponsored by REI Super
Pamela Medich – Colliers International (NSW) Pty Ltd
 
YOUNG AGENTS – RESIDENTIAL PROPERTY MANAGEMENT ACHIEVEMENT
Sponsored by M2 Telecom
Elizabeth Henderson – McGrath Hunters Hill
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CBRE sweeps commercial category at REINSW awards

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{yoogallery src=[images/stories/october17sammitchell]}
The West Hawthorn home of former Hawthorn AFL premiership captain Sam Mitchell was passed in at its weekend auction.
The onsite Jellis Craig auction opened with a $1.05 million vendor bid.
There was then a $1.1 million vendor bid.
It concluded with a $1.15 vendor bid.
”Three or four of you have been through three or four times,” said the auctioneer Steve Abbott as he tried to get a bid.
The renovated, single-fronted, three-bedroom house features open fireplaces, baltic pine floorboards, a CaesarStone bathroom, north-facing courtyard and rear off-street parking.
Jellis Craig agent Peter Vigano had been quoting $1.1 million plus. The house is now advertised as for sale for $1.25 million.
Mitchell paid $920,000 in early 2007 a year before his engagement to long-time girlfriend Lyndall Degenhardt. The couple now have three children.
Mitchell did not attend the auction.
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Former Hawthorn captain Sam Mitchell's house passed in at auction

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<img src="/images/stories/billabong1.jpg">
Billabong Station, the 1,875-hectare Wagga Wagga district cropping and pastoral property, was passed in at recent auction at $8.8 million but sold the next day.
It was listed by the Sydney lawyer and property group director David Baffsky after 31 years as the family's farming enterprise.
There were three bidding parties for the property, which had been listed with $9 million plus hopes. There were seven registered bidders.
The Eastern Riverina property had previously been in the Beveridge family for 76 years.
The listing reflected a change in emphasis for Baffsky and his wife, Helen, who spent $6 million late last year on Runnymede, an 18-hectare property at Glenquarry in the NSW Southern Highlands through Bowral agent Drew Lindsay.
<img src="/images/stories/billabong2.jpg">
The Wagga Wagga district property, which is 90% arable, has a diversified production including cattle breeding, fat lamb production and soft commodities including cereals, lupins and canola.
<img src="/images/stories/billabong3.jpg">
“It is arguably one of the best developed agricultural holdings in the region,” its listing agent Chris Meares of Meares and Associates says. It has been listed in conjunction with Bill Schulz at Landmark Harcourts Wagga Wagga.
Billabong is rated at 25,000 dry sheep equivalents with up to 1,417 hectare sown to cash and fodder crops each year.
Some 500 hectares of crop was given in with the sale.
<img src="/images/stories/billabong4.jpg">
The property, with Billabong Creek frontage, comes with a five-bedroom homestead plus additional houses. The homestead was renovated in 1979 and extended in 2007 with additional accommodation.
It has a six-stand woolshed, four sets of sheep yards, and two sets of cattle yards.
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Billabong Station fetches $8.8 million plus in strong start to spring sales

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{yoogallery src=[images/stories/october16borat]}
Sacha Baron Cohen and Isla Fischer have put their 260-square-metre Los Angeles house onto the rental market for $10,995 per month. Baron Cohen bought the property through a trust in 2009 for $2.45 million, about a year before the couple were married.
The three-bedroom house features a pool, firepit, two-level deck and an outdoor gym. It overlooks the 21-hectare Woodrow Wilson Reserve.
Baron Cohen and Fischer welcomed their second child last year, and they are reported to be moving into a bigger house to accommodate their growing family. 
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Sacha Baron Cohen and Isla Fischer put their LA home on the market

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Franchisees could put in a bid to buy Refund Home Loans following the company's announcement it has entered voluntary administration.
Refund Home Loans announced to franchisees that it had entered voluntary administration due to $2.5 million in debt.
Refund founder Wayne Ormond has suggested the company's problems were due to over exuberant growth exacerbated by banks retreating from financing the company's debt following the Queensland floods.
Having added a number of new businesses in the past three years, the inability to secure additional investors following the market slow down as a result of Queensland’s January floods led to the appointment being made due to increasing pressure from creditors, most notably the Australian Taxation Office.
According to a communication sent from the administrators, SV Partners, to Refund Home Loan franchisees, increasing pressure from creditors forced the company to call in administrators to seek the quick sale of the business
The administration will not affect Refund Real Estate or Refund Financial Planning.
Established in 2004,Refund Home Loan's business concept of paying a refund to its clients took it to sixth place in the competitive mortgage market within five years.  
The directors have advised SV Partners that there are at least four interested parties for the purchase of the business and it is believed that a consortium of franchisees is interested in bidding for the business. 
It is therefore expected that all franchisees will continue to operate "business as usual".
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Wayne Ormond's Refund Home Loans in voluntary administration

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<img src="/images/stories/hoopers2.jpg">
Hoopers Lane, the Hunter Valley retreat of Mosman residents Peter and Helen Hooper, has been listed through Shelly Jurd of Jurd’s Real Estate.
The 20-hectare Pokolbin country estate – with boutique olive grove and cattle yards – is in the heart of the Hunter Valley wine tourist region surrounded by wineries, cellar doors and restaurants.
The Debeyers Road homestead, with its open-plan design, has a large entertainment space, vaulted ceilings, and a well-appointed kitchen.
It comes with two guest cottages.The property has three linked dams (complete with 10-megalitre irrigation licence), plus 140,000-litre underground freshwater storage.
The Hoopers bought the property for $450,000 in 1999.
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Hunter Valley country estate on the market

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<img src="/images/stories/middlecrescent.jpg">
<img style="float: left; margin: 5px;" src="/images/stories/flagtitletat.jpg">In 2006 historic Brighton residence Totnes (pictured above) sold to the then incoming Newcrest mining boss Ian Smith, the seasoned mining engineer born and raised in Broken Hill. Smith was in London at the time of his purchase, where he had been a senior Rio Tinto executive. The then selling agent Damian Taylor was surprised when it sold to a buyers' advocate who was representing a client who had viewed the property just 24 hours earlier on the internet.
The 1892 mansion with 10 rooms sits on an 1,100-square-metre block. It’s been listed for October 22 auction through Barb Gregory and James Redfern at Marshall White Brighton. Gregory says the house is expected to fetch $4.5 million. Smith stepped down at the end of June this year from Newcrest after five years in which he turned around the nation's biggest gold miner and doubled its market value. Newcrest’s recent annual report revealed it’s still paying Smith until the end of the year along with a $2.25 million payment on December 31. Smith received $1 million bonus after sealing a $9.5 billion takeover by Lihir Gold last year.
<img src="/images/stories/wyuna.jpg">
<img src="/images/stories/flagtitletat.jpg" style="float: left; margin: 5px;">Retired surgeon Bill Roney and his wife, Sara, have listed their 1901 Point Piper residence (pictured above). Roney, who played rugby league for the Roosters from 1958 to 1962 and then for the Eels from 1963 to 1965, has been at the Wyuna Road property since paying $2.2 million in 1999. The price guide of more than $5.7 million is being given for the 670-square-metre holding by its conjunctional listing agents Sally Hampshire at Laing + Simmons Double Bay and Hamish Robertson at McGrath Estate Agents.
<img src="/images/stories/doubleisland.jpg">
<img style="float: left; margin: 5px;" src="/images/stories/flagtitletat.jpg">Double Island (pictured above), the tropical far north Queensland island belonging to one-time dot.com success story and OzEmail founder Sean Howard, comes with an $8 million asking price through Colliers International agent Jay Beattie. Set near Cairns just one kilometre off the coast at Palm Cove, it was bought in 2000 for $4.5 million from Sydney developer John Palasty. The 17-hectare island was previously owned by the late Robert Holmes a Court. The 12 two-bedroom villa resort has been available for rent from about $75,000 a week.  Actor Keanu Reeves ranks among the celebrities who have stayed, with the gymnasium especially built for his stay.
<img src="/images/stories/renown2.jpg">
<img style="float: left; margin: 5px;" src="/images/stories/flagtitletat.jpg">Victor Harbor's Mount Breckan – which in 2010 was tipped to push South Australia's record house price to a new high – has returned to the market with subdued mortgagee expectations. Anthony Toop at Toop and Toop has the baronial 1879 castle for sale with sub-$5 million hopes, with offers due this week. It’s set on 2.4 hectares with harbour views. The property was built in 1881 for state politician Alexander Hay. It last traded 16 years ago at $600,000 and has been restored it to its former glory. 
{yoogallery src=[images/stories/october14coppin]}
<img src="/images/stories/flagtitletat.jpg" style="float: left; margin: 5px;">Yarroma (pictured above and below), which set a $3 million record Hawthorn price in 1987, has returned to the market. The Coppin Grove riverfront mansion sits on 2,930 square metres with an adjoining 3,082-square-metre holding owned by the O’Brien family. The historic Victorian mansion surrounded by lavish gardens in the renowned St James Park Estate must be worth about $18 million or so, but it's likely to be sold in two lots following its recent subdivision, with the house fetching about $10 million plus. It’s been listed through Marcus Chiminello at Marshall White Armidale. With elevated city skyline views, it was built in 1872 to a design by James T. Conlan in a Romanesque revival style.
<img style="border-style: initial; border-color: initial;" src="/images/stories/coppin3.jpg">
Manicured lawns adjoin the glassed conservatory housing the heated pool with mosaic inlays. There’s a series of descending terraces that lead to a tennis court, arbours, pathways, a stilted cubby house, fruit trees and vegetable gardens all neatly positioned around bluestone cobbled pathways meandering down to the river banks. The new owners will have the opportunity to construct a cantilevered boatshed and mooring. It didn’t sell on its 2010 RT Edgar listing.
 
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<img src="/images/stories/macleay2.jpg">
<img style="float: left; margin: 5px;" src="/images/stories/flagtitletat.jpg">James Vaile, from the business advisory company Vaile and Associates, has spent $3 million to buy the two-level Westbourne, Potts Point penthouse (pictured above). It was bought from John Mills and Greg Clark, who paid $3,233,000 in 2007 for the three bedroom, three bathroom 192-square-metre apartment with 93-square-metre balcony built in 2005 by the Lovering development group. It comes with strata levies of about $3,359 a quarter.
The apartment is one of 11 in a low-rise building at the corner of Macleay Street and Rockwell Crescent. It marks a return to the village for Vaile, who previously had a double Wylde Street, Potts Point apartment in Garry Rothwell's first Winten development in the area. It had Darryl Gordon interiors. The apartment was sold in 2006, with one part fetching $3.55 million and the other $2.5 million.
<img src="/images/stories/barambah.jpg">
<img style="float: left; margin: 5px;" src="/images/stories/flagtitletat.jpg">The 150-year-old Barambah homestead (pictured above and below) – whose renovation was awarded the inaugural 2009 Gabriel Poole Award for Building of the Year – has been listed for November 11 auction by Brisbane stockbroker Steve Wilson and his wife, Jane, through Ray White Rural's veteran agent Lex Heinemann and Danny Bukowski. It’s been the Wilsons’ country abode for 11 years. More than $4 million is being sought. <img src="/images/stories/barambah2.jpg"> 
Established in 1843, Barambah Station was 66,368 hectares (164,000 acres) in the 1800s and is one of the oldest stations in Queensland. After squatters Barambah, the traditional land of the Wakka Wakka, was held by the Sydney merchant Richard “China” Jones in 1850. His son, Thomas Jones, was joined for a few years in the 1870s by George Clapperton, and after them from 1876 Barambah was held by the Moore family for nearly a century. By then the Barambah Hereford Stud was famous, as were the racehorses. After three generations the Moores sold to an English pastoral family, the Vesteys in 1967, then Val Crowe took over in 1973, keen to move his stock up as the new Wivenhoe Dam engulfed his historic Bellevue.  The neighbourhood – within a 90-minute drive from Noosa  – now has other entrepreneurs, notably McCullough Robertson chief Brett Heading and mining magnate Nick Mather.
Barambah Station won the renovation award as the judges viewed it as an exemplar of how issues of heritage and sustainability align. It retains many of the original features including four-metre ceilings and ornate fretwork, and a spectacular hexagon shaped turreted rotunda. There is a restored Cobb and Co coach house and cattle yards. The Wilsons will maintain their nearby award-winning vineyard.
{yoogallery src=[images/stories/october11isabella]}
<img style="float: left; margin: 5px;" src="/images/stories/flagtitletat.jpg">Friesia (pictured above), the 1888-built Italian Renaissance-designed Hawthorn house and one of Melbourne’s most captivating residences, has been listed for sale. The single-storey mansion was designed for German consul William Brahe by architect John August Bernard Koch. The Hawthorn house was last traded in 1970 for $49,000 totally derelict. It’s been listed by Kay and Burton agent Scott Patterson, with offers due by November 15. Patterson hopes to secure $6.5 million plus for the property. The residence, inspired by the works of Filippo Brunelleschi, father of Italian Renaissance architecture in Florence, has been listed by Warwick Forge and his wife, Sue, who have been running the biennial Australian Landscape Conference for 10 years.
{yoogallery src=[images/stories/october10neville]}
<img src="/images/stories/flagtitletat.jpg" style="float: left; margin: 5px;">Fashion designer Arabella Ramsay secured a bullish $1,805,000 when her Albert Park warehouse conversion (pictured above) went to weekend auction through Marshall White agent Oliver Bruce. It traded at $1.55 million in May of last year, representing annualised capital growth of 11%. It was knocked down to buyers’ advocate Mal James, who had to fend off three other parties during the 20-minute contestant.
<img src="/images/stories/oneoslow.jpg">
<img src="/images/stories/flagtitletat.jpg" style="float: left; margin: 5px;">Title Tattle aims to tell you as soon as we know – often before it happens –so the word is that mortgage broker John Symond has spent $4.1 million on an Elizabeth Bay apartment (pictured above). The 390-square-metre three bedroom unit is for a family member who has been regularly spotted at local prestige open for inspections and auctions for many months. It comes with terrace garden with park views and a harbour cameo in the Hindmarsh development of nine apartments on Onslow Avenue tucked in between the waterfront and the Macleay Street hub.
Onslow's nine apartments were priced in its initial 2007 market as ranging from $4.8 million to $13 million and range in size from 250 square metres to 410 square metres. The six-level development, designed by PTW Architects' Andrew Andersons, was marketed as featuring interiors by Freedman Rembel. Flooring was a mix of timber, stone and carpet with fireplaces in the living rooms. It had been listed through Ben Stewart of CBRE in conjunction with Jason Boon and Geoff Cox at Richardson and Wrench. The purchase is the second time in the past year that Symond has swooped on a prestige apartment listed at a substantial discount to its initial asking price. The other was a $8.2 million Point Piper penthouse, near his own home on Sydney Harbour.
<img style="float: left; margin: 5px;" src="/images/stories/flagtitletat.jpg">And don’t say that Title Tattle told you, but everyone in Brisbane is talking about the property developer with the large tax bill. About $10 million with interest, it’s been suggested.
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John Symond buys in Elizabeth Bay: Title Tattle

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The McGrath Estate Agents franchise team that operates in Sydney’s Lower North Shore has won the Franchise Council of Australia’s national Community Service Award.
The franchise was the only real estate finalist in the awards and was judged alongside all franchise brands in Australia.
Dean Mackie, principal of McGrath’s Neutral Bay/Mosman/Northbridge, accepted the award.
The agency has been involved with or supported at least 14 community groups during the last 12 months: including Cruise for a Cure, Make a Wish Foundation, Middle Harbour Public School, Beat the Blues Concert for the Black Dog Institute, the Australian Cancer Council and the McGrath Foundation.
Separate to company donations and sponsorships, they have raised over $39,000 in their fundraising efforts, which included the Queensland Flood Relief Appeal.
“It is not just making a difference to the foundations, charities and the communities that benefit from our involvement, but to also make a difference with our team,” Mackie says.
“Our team are given an additional two paid annual leave days per year to volunteer with a charity of their choice.”
Chairman of the independent judging panel Professor Andrew Terry says the agency has dedicated a huge amount of time to fundraising for very worthy causes.
John McGrath, CEO of McGrath Estate Agents, says he is particularly proud as this demonstrates “great leadership within our franchise network as well as acknowledgement of their spirit of making a difference in their community”.
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McGrath franchise wins community service award

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{yoogallery src=[images/stories/october13campden]}
One Campden Hill in Kensington, central London has been listed with a £75 million price tag. The real estate agents showing the property, Knight Frank and Savillis, are marketing it using computer-generated images giving an idea of what the house could look like once completed following an estimated £10 million makeover.
The 60-room former ambassadorial  residence on about 4,000 square metres has been empty since it was bought for about £17 million 10 years ago. The mansion was built in 1915, and in the early 1950s became home until 2001 to the Uruguayan ambassador.
Located between Kensington Palace and Holland Park, the house comes with reception hall; drawing room; dining room; library; study; kitchen; scullery; butlers' pantry; two kitchenettes; staff accommodation; 12 bedrooms; five bathrooms; linen room; plus separate three-bedroom cottage.
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A fixer-upper for £75 million

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{yoogallery src=[images/stories/october12fullerton]}
Stanley Park, a seven-bedroom 1897 landmark residence on 12 hectares in the greater Newcastle area near Port Stephens, has been listed for November auction.
It’s been offered to the market for the first time in over three decades. The waterfront property has views over Fullerton Cove from the house, which features wide wraparound verandas.
It’s set 20 minutes to Newcastle CBD.
“It’s unquestionably one of the area’s grandest waterfront estates,” its McGrath listing agent Simon Wall says.
More than $1.95 million is being sought at its November 12 auction.
It was owned by the beef-producing Smith family for many decades and more recently by the Laverick family. The Smiths also operated a dairy farm on the original 356 hectares.
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