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

Potts Point

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When it comes to adaptive reuse of a historic building, there's a finite group of architecture firms who can truly master a tasteful heritage retrofit, and Woods Bagot is one of them.

Recently the firm undertook an exciting residential project, reinvigorating a 1920 Potts Point building, which boasts stunning Art Deco opulence, a timeless material palette and effortless modernity.

We caught up with Woods Bagot Architect and Principal, Domenic Alvaro and Project Architect, Derek Scholes, to learn about how the design of The Hensley came about. 

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2020-08-17_at_5.33.40_pm.png" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="876" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/screen_shot_2020-08-17_at_5.33.40_pm.png?itok=hgAVbqqZ" width="580"></a></figure>Urban.com.au: Where did you draw inspiration for The Hensley from?

Domenic Alvaro: The process of adaptation – creating a building that is a dynamic counterpoint between new and old – was inspiring. The former Mercedes Hall hotel building had long-since grown tired after its construction in the early 1900s, so this project was an opportunity to revive it and ensure usability, integration and relevance for future generations.

Adaptation requires the right balance of rare and significant elements to come together. In this case, we had an invested client who recognised and wanted to maintain the importance of the building – trusting us with the process of rethinking and restructuring that is required when you take on this kind of heritage restoration. Good adaptive reuse projects require this kind of philosophical reframing to ensure their relevance and usability – there’s no ‘one size fits all’ solution when it comes to creating something as valued by the community as it is by residents. 

Inspiration was also found in the form of small ‘moments’ or elements within the existing site. For example, The Hensley’s material palette is heavily influenced by details in its surrounding Potts Point context, referencing the brick, steel, terrazzo and herringbone floors that often characterise buildings from that era. Similarly, the front gate – inspired by the detail and finesse of the Art Deco era – brings the memory of the building’s history into its present in a striking manner.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2020-08-17_at_5.32.57_pm_1.png" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="873" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/screen_shot_2020-08-17_at_5.32.57_pm_1.png?itok=z_DhwRXz" width="580"></a></figure>U: What were the top 5 features you decided had to be included in the development and why?

DA:

<ol>
<li>The adaptive reuse of an existing building. Addressing the city’s interest in conservation in order to maintain the streetscape significance of Potts Point, an existing 1920’s building was adapted into two apartments.</li>
	<li>An 8-storey light well. This feature unlocks the design’s plan by providing cross ventilation to apartments, and natural light to open corridors and many apartment bathrooms.</li>
	<li>A double height breezeway entry. Reminiscent of the wide, light-letting old-world apartment entries in Europe, the double height breezeway celebrates the transition between old and new. Fenestration – the arrangement of windows in the building – was reinstated as per the original design drawings.</li>
	<li>A roof terrace. A roof terrace with views of the local district provides residents with a large communal area to entertain.</li>
	<li>Material choice. The use of brick provided a sense of “instant history” and permanence to the new building, achieving a modern expression of the moody brickwork palette prevalent in Potts Point’s timeless deco apartments.</li>
</ol>
<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2020-08-17_at_5.31.03_pm.png" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="477" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/screen_shot_2020-08-17_at_5.31.03_pm.png?itok=JikySLUV" width="580"></a></figure>U: What do you think buyers love most about the development?

DA: The liveability of apartments. In such a tightly held inner city suburb, there is a considerably limited supply of new apartments – The Hensley offers abundant natural light, highly usable balconies and access to views that really stands out. Each apartment has been designed to capture and frame the surrounds vistas, boasting high quality finishes, great access to greenery and ventilation, and plenty of practical integrated storage and layouts that are both versatile and functional.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2020-08-17_at_5.33.10_pm.png" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="871" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/screen_shot_2020-08-17_at_5.33.10_pm.png?itok=D--BrmYm" width="580"></a></figure>U: If you had to choose your favourite aspect of the building, what would it be?

Derek Scholes: The grand entry. Inspired by the finesse and craft of the Art Deco era, the gate is a talking point amongst locals, residents and their guests. The entry gate strongly defines the address and provides a sense of grandeur to the arrival experience.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2020-08-17_at_5.33.25_pm.png" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="871" src="/s3/files/styles/article_full_width_580px/public/pictures/article-images/screen_shot_2020-08-17_at_5.33.25_pm.png?itok=Fp6yuxwF" width="580"></a></figure>U: What makes The Hensley stand out from other properties on the market?

DS: Appealing to a diverse demographic, The Hensley provides a lifestyle. Set in a gritty, vibrant inner-city neighbourhood, the project is conveniently located close to the CBD and boasts some of Sydney’s best theatres, restaurants, bars and modern-day luxuries at its footstep – it marries the best of the past with the brightness of its future.

Photo credit: Trevor Mein
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Olivia Round

Sydney apartment of the week: The Hensley, Potts Point

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Michael Croke, sentenced mid-week to three years and nine months for perverting the course of justice, secured $1.95 million for his recently sold Kings Cross office.
Croke had sought $2.3 million for the Kellett St offering through Tristan Bassey and Nick Chalipilias at Ray White to fund his legal bills.
The court charges concerned a $700,000 bag of cash seized from a person staying in the Hilton Hotel in 2011.
Croke ­assisted a criminal group in their att­empts to convince the police the money was from a legitimate source.
The two-level terrace had 170 sqm of space, with shelving full of Croke’s own case files.
This article was first published in the Sunday Telegraph. 
 
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Jailed lawyer Michael Croke sells Potts Point terrace

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The Potts Point apartment of the fitness guru Michelle Bridges has been settled, with the price revealed as a bullish $6.4 million.
The Macleay St Pomeroy apartment sold off-market earlier this year, with its settlement occurring earlier this month.
“Moving forward,” she told her social media followers. Bridges continues production of her five-minute Big W sponsored cardio videos for lockdown, the most recent being viewed 60,000 times.
Bridges, who has a $2.7 million Kangaloon, Southern Highlands home, held the apartment in her own name.
It was bought in 2013 with then business manager and husband Bill Moore for $2.9 million.
They split after nine years of marriage in 2013. Bridges later shared the abode with Steve “Commando” Willis, her Biggest Loser colleague, until their estrangement, which emerged early this year.
It was once owned by interior designers Marco ­Meneguzzi and Michael Love.
The apartment has been bought by Prue and Simon Perrott.
He spent 30 years in investment banking including ABM Amro. The couple had previously rented in the complex, after selling in Mosman for $7.85 million.
Pomeroy’s latest listing is by the former Future Fund member Susan Doyle who also moved in after selling in Mosman for $7.1 million.
They bought for $4.25 million from the music industry executive Janine Ashton in 2017 after local Richardson &amp; Wrench agent Jason Boon took 358 days to find his buyers.
Boon told Mark Bouris’s Straight Talk podcast that he’s just had his third-best month in 15 years in commission take. But he expressed doubt on the suburb’s future.
“I don’t even know how to explain the capital gains in Potts Point. Everyone keeps ringing me back and wanting more each time and I keep on getting it … but it’s going to end … it’s got to stop,” he said.
This article first appeared in The Sunday Telegraph.
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Michelle Bridges apartment settles at $6.4 million

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Amid the coronavirus lockdown, some luxury apartment developers have an eye on the future.
There has been a conditional $85 million offer made for the purchase of every apartment in The Chimes, a 1960s Potts Point apartment block.
It has been made by the boutique Melbourne-based developer, Time &amp; Place Property, founded by developer Tim Price in 2015, who would end up paying about $1 million per apartment.
The Macleay Street block is best known for its pricey car space prices rather than its 80 studio apartments.
In 2016 an undercover car space fetched $264,000 which was a Sydney record. 
Set at the plane tree-lined Parisian end of the strip, 45 Macleay Street is a 10 storey building that sits on the McDonald Street corner.
Its value is the block sits on a 1268 sqm block of land.
The Chimes strata block was registered in 1964 after demolition of the historic row of Santa Fe 1905 Queen Anne style terraces.
The other end of the row remains with Justin Hemmes recently selling the premises to Tony Benjamin.
Given the COVID-19 slump in tourism, he's now seeking long term tenants, rather than his initial overnight stays offering.
The Chimes body corporate has signed a non-ainding heads of agreement with Time giving them eight weeks to advise if it wishes to proceed to the next stage.
The highest 38 sqm studio apartment sale was $825,000 in 2018 with Harbour Bridge and Opera House views from the eighth floor, plus a car space.
The cheapest recent sale was $520,000.
The original unit allocation is a tad simplistic as every unit no matter whether with a view of harbour view or car park is either seven (fn one floor) or eight in the remaining 10 floors.
The 27 car spaces each have one unit entitlement.
The building sits on less than a third of its 1280 sqm holding.
The strata was the 934th, with the first coming in 1961 at Lindsay Gardens was the world’s first ever strata-titled building at 189 Liverpool Road, Enfield.
.
 
 
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j.ballantyne1990-6AQqhLzZaK

$85 million offer made on Potts Point apartment block The Chimes

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The Sydney criminal lawyer Michael Croke, who is in court facing charges of perverting the course of justice, has listed his Potts Point office terrace for sale.
The criminal lawyer Michael Croke, who is facing charges of perverting the course of justice, has listed his Potts Point office terrace for sale.
Croke is seeking $2.3 million for the Kellett Street offering through Tristan Bassey and Nick Chalipilias at Ray White.
The two-level Victorian terrace has 170 sqm of space, with plentiful shelving full of Croke case files.
Croke recently won a delay for his trial until March, the third time in three years there has been a postponement. He has pleaded not guilty to perverting the court of justice.
The matter concerns a $700,000 bag of cash seized from a person staying in Sydney’s Hilton Hotel in 2011. Croke allegedly assisted a criminal group in their attempts to convince the police the money was from a legitimate source.
Croke had previously not been able to provide the necessary funds for his defence which saw postponements in 2018 and 2019.
The delay to the anticipated six-week trial this time was as Croke’s barrister John Korn had been double-booked with a rape case client.
This article was first published in the Sunday Telegraph. 
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Sydney lawyer Michael Croke lists Potts Point office terrace

<html><body>
Celebrity fitness trainer Michelle Bridges has sold her Potts Point apartment in a hush hush off market sale.
The luxury Macleay Street abode with city and harbour views sold late last year — but has yet to settle.
It is tipped to have fetched $6 million-plus, a huge windfall for Bridges, who held the property in her own name only.
Bridges has a Southern Highlands retreat overlooking the rolling hills at Kangaloon.
The Potts Point Pomeroy apartment was bought with then business manager and then-husband Bill Moore in 2013 just as the five-year Sydney property boom began, costing them $2.9 million.
Bridges and Moore snapped it up at below its 2010 sale price of $3.2 million, when it was sold by prominent Sydney interior designers Marco Meneguzzi and Michael Love.
The apartment was transferred into Bridges’ name in 2016 after her relationship with Moore ended.
Bridges spent $2.7 million in 2017 on a Southern Highlands weekender, Summerside, a 4.1ha estate featuring a five-bedroom homestead amid Michael Bligh gardens.
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Fitness trainer Michelle Bridges sells Pomeroy, Potts Point apartment

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The former independent member for Wentworth, Dr Kerryn Phelps and wife Jackie Stricker-Phelps pulled their Potts Point investment apartment from its weekend scheduled auction.
Located on Macleay Street, the two-bedroom, two-bathroom Rex apartment with off-street parking has a $1.68 million asking price through Phillips Pantzer Donnelley agent Debbie Donnelley.
The couple, who paid $715,000 in 2008, have been on the lookout for a sea-change weekender after the $3.25 million sale of their Bowral retreat to Phillip Hunt and Georgia Gilkeson.
There has been whispers they have spent $3.25 million on a beachfront at Bundeena, which would mark a return as they sold their prior nearby beachfront in 2016 at $3.3 million. 
This article first appeared in The Sunday Telegraph. 
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Kerryn Phelps yet to sell Rex, Potts Point investment apartment

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The Potts Point apartment of the late international model Annalise Braakensiek has been quietly sold by the executor of her estate.
The $635,000 sale was slightly higher than the $600,000 Braakensiek had paid for the one-bedroom apartment just a few months before her death earlier this year.
The apartment, on Victoria Street, was set to be a bolthole for the jetsetting model who divided her time between Europe and the US.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/11/8/Screen%20Shot%202019-11-08%20at%207.jpg" alt="">
The Sunday Telegraph reported she left her estate to friends and family but nothing to her estranged husband, Danny Goldberg.
She had planned to decorate the 53 square metre unit, in a recently refurbished 1980s complex, with Balinese accents.
This article first appeared in The Sunday Telegraph. 
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Model Annalise Braakensiek's Potts Point apartment sells

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Two Potts Point CBD fringe retail chemists/pharmacies have been offered for lease.
One is at 4/81 Macleay Street, featuring 128 sqm of NLA.
The second is at 91 Darlinghurst Road (pictured above) with 100 sqm of NLA.
Dillon Frain and Nik Simonovic of Burgess Rawson are marketing the properties.
Although they are currently approved as pharmacies, it is noted in the marketing material that they may suit a wide variety of retail uses.<img src="https://www.urban.com.au/images/2019/10/28/Darlinghurst%20Road%20Chemist%202.JPG" alt="">
The Darlinghurst Road property, currently tenanted to Crest Hotel Chemist (pictured above) is located in close proximity to the Kings Cross station.
The Macleay Street holding is currently home to the Amcal Pharmacy, within the Ikon development.
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Two Potts Point pharmacies seek new lessors

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A Potts Point backpacker hostel has been listed for the first time in over four decades.
The four level Orwell Street building is currently the home of Jolly Swagman Backpackers, who have been operating from the building for over 20 years.
<img src="https://www.urban.com.au/images/2019/10/18/Backpackers%202.jpeg" alt="">
The 47 room hostel near Kings Cross Station has a shared kitchen, dining room, TV room, laundry, and solar roof panels.
It's gross annual income for this year is $1.23 million per annum.
 <img src="https://www.urban.com.au/images/2019/10/18/Backpackers%203.jpeg" alt="">
Jerry Leis and Allan Levy, from Metro Commercial Double Bay, have a November 12 auction.
Prices at the hostel start at $34.
Last year Sydney Central Backpackers, a smaller backpackers nearby, <a href="/expert-insights/investing/sydney-central-backpackers-at-potts-point-fetches-7-milliion">sold for a record $7 million</a>.
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