Around 400 additional homes could be built at Southwark Grounds on Port Road, lifting total site capacity from 1300 to around 1700 dwellings.

A recently approved code amendment would allow apartment towers of up to 14 storeys in some areas of Renewal SA’s redevelopment of the former West End Brewery.

Renewal SA Acting Chief Executive Shane Wingard said he welcomed the code amendment, with the increase in heights and homes making a positive impact on the supply of high-quality, well-connected housing close to the city.

“By going higher across some parts of Southwark Grounds, we are adding a substantial number of very well-located homes with little impact on project delivery time or planned open space,” Mr Wingard said.

Since the project officially launched in 2025, Mr Wingard said more than 12,000 enquiries had been received about living at Southwark Grounds.

“The very strong early interest we’ve seen since homes were first released in the precinct reinforces our plans to create more housing opportunities,” he said.

The Southwark Grounds code amendment was launched in December last year, with community engagement undertaken over five weeks from January.

It proposed increasing maximum building heights from eight to 14 storeys on the eastern section of Southwark Grounds, and to 12 storeys across the remainder of the site, with minimum building heights ranging from two to four storeys.

The code amendment was implemented through an Early Commencement policy in late January, allowing developers to quickly explore the viability of increased height and housing yield while other planning processes continue.

One of the first developers delivering apartment sites have already finalised redesigns to increase the number of apartments following the code amendment.

Samaras’ development adjacent to the future Colonel Light Park is now planning to deliver 125 apartments across 11 storeys, significantly greater than original plans of around 50 apartments across four storeys.

The developer is also exploring the potential for additional affordable housing outcomes.

Most of the apartments at Southwark Grounds will be delivered within a master-planned precinct on a large parcel of land on the eastern portion of the site, covering around two-thirds of its 8.4 hectares.

Wingard said detailed precinct planning over the coming months may identify further opportunities to increase yield further that could see total apartment numbers at Southwark Grounds, exceed this number.

Affordable homes at Southwark Grounds will also see a net increase, with Renewal SA maintaining its commitment to a minimum of 20 per cent affordable housing across the development.

&nbsp;

&nbsp;

Civil works have begun across the site, with construction under way on the first new roads surrounding a townhouse precinct in the south‑west corner of Southwark Grounds. This includes Renewal SA’s 17 Founder’s Row homes, which are on track for completion by Christmas.

“We expect to have people living at Southwark Grounds by the end of the year, so delivering roads and public spaces for those residents is among our highest priorities.”

Construction of 40 townhouses off Anderson Street, known as West Village and being delivered by Contour, is forecast to begin in mid‑2026. Kolabb’s Anderson Lane development will follow shortly after, delivering a further 26 townhouses.

Southwark Grounds is a state government‑led urban renewal project now set to deliver around 1,700 homes over the next decade.

Homes will be supported by a supermarket, a range of retail and hospitality offerings anchored by a revitalised Walkerville Brew Tower, a childcare centre, car parking and well‑connected public spaces.

Joel Robinson

400 new homes planned for Adelaide's former West End Brewery site

Brisbane developer&nbsp;<a href="https://www.apartments.com.au/developers/cavcorp">Cavcorp</a> has lodged plans for a new mixed-use residential development at <a href="https://www.apartments.com.au/new-apartments/55-wyandra-street-teneriffe-qld-4005">55 Wyandra Street</a>, Teneriffe, anchored by an 85-metre public laneway designed to reconnect the suburb’s riverfront with the Gasworks precinct.

The buildings, known as Teneriffe House and Teneriffe Lane, would replace the existing Queensland Cotton head office site with a 15-storey residential tower transitioning to eight storeys toward Helen Street. The project has been designed by Plazibat Architects and lodged as a code assessable development application for 93 apartments across a 3,401 sqm mixed-use site within the Newstead and Teneriffe Waterfront neighbourhood plan.

Central to the scheme is the transformation of an existing service easement into a publicly accessible cross-block connection linking Wyandra and Helen Streets. Cavcorp says the new laneway will act as both a pedestrian shortcut and a landscaped civic space between the Teneriffe Riverwalk, ferry terminal, and Gasworks precinct.

<img alt="First Look: Cavcorp unveils Teneriffe House and Teneriffe Lane plans for landmark wellness tower in Teneriffe" data-entity-type="file" data-entity-uuid="26e7f058-b065-4de8-b13d-a2b8cb64dfcc" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/bldg.png?VersionId=sELS0ZKYi361oYipUa1BIKfe_.DLZoFV" />

“The revised proposal delivers a legacy public-realm cross-block link, permanently secured for community use, transforming an existing private easement into a safe, high-quality pedestrian connection between the Teneriffe heritage riverwalk and the Gasworks–Long Island precinct,” the planning report states.

The laneway will sit beneath a large subtropical loggia integrated into the podium levels of the development. The design incorporates deep landscaping, water gardens, lobby spaces, business lounges, and ground-floor apartments to create what Cavcorp describes as a climate-responsive “urban verandah.”

The tower itself has been designed as a slender form with recessed floorplates and curved translucent corners inspired by contemporary Japanese architecture. The building height aligns with the Commercial Road precinct controls, which permit towers up to 15 storeys within proximity to Longland Street.

<img alt="First Look: Cavcorp unveils Teneriffe House and Teneriffe Lane plans for landmark wellness tower in Teneriffe" data-entity-type="file" data-entity-uuid="a8a17d40-43b6-4718-b3fd-67676fcbb485" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/pers%202_1.png?VersionId=i3VwDtp5AmL_8InW7w4qRbDFEpb744Jt" />

The project will comprise a mix of larger-format apartments aimed at owner-occupiers, downsizers, and families. The proposed apartment mix includes 11 loggia apartments across the lower levels, 50 four-bedroom Sky-Terrace apartments from levels three to seven, and 32 Sky-Pool Homes occupying the upper tower levels. The Sky-Pool Homes will feature private thermal plunge pools integrated into oversized balconies.

According to the application, the apartments are intended to reinterpret the scale and character of Teneriffe’s woolstore conversions and Queensland homes within a vertical residential format.

“The sky-pool homes build on Cavcorp’s previous projects and introduce a distinct apartment typology to Teneriffe, informed by both local and international precedent and responding to an identified market demand for enhanced safety, space and amenity,” the planning submission notes.

A major focus of the proposal is its five-level wellness and lifestyle offering, extending from the basement through to the rooftop.

Amenities proposed include a rooftop Swim &amp; Racquet Club with a 25-metre Olympic lap pool and tennis court, coworking spaces and libraries, golf simulators, wine storage, concierge facilities, business lounges, pet wash areas, and rooftop longevity-focused wellness spaces with spas, outdoor fitness zones, and landscaped terraces.

<img alt="First Look: Cavcorp unveils Teneriffe House and Teneriffe Lane plans for landmark wellness tower in Teneriffe" data-entity-type="file" data-entity-uuid="944b352c-49b9-4247-a4c6-5967b4b69fda" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/amenity.png?VersionId=Ed_qKjAtMwFT.5gfl3jiA9QwdWxSMsaX" />

All parking will be concealed within basement levels accessed from Wyandra and Helen Streets. Cavcorp says the deep-basement engineering approach allows the entire ground plane to prioritise landscaping, pedestrian movement, and active frontage rather than vehicle infrastructure.

The development continues Cavcorp’s concentration in Newstead and Teneriffe, where the Brisbane developer has delivered a number of apartment projects including Lucent, Le Bain, and Luminare, as well as the Long Island Wellness Precinct nearby. Several of those projects have received national design and architecture awards, including recognition under Brisbane’s “Buildings that Breathe” program.

Cavcorp unveils wellness-focused Teneriffe House and Teneriffe Lane apartment buildings

Focus Group Investments has lodged plans for a new apartment development at <a href="https://www.apartments.com.au/new-apartments/64-70-hanover-street-fitzroy-vic-3065">64–70 Hanover Street</a> in Fitzroy, seeking to utilise the Victorian Government’s recently introduced Great Design Fast Track pathway to accelerate approvals for the project.

The proposal is among the latest developments to emerge through the state-led initiative, which was established to fast-track well-designed residential projects in activity centres and transport-connected inner-city locations. The pathway allows qualifying developments that meet elevated design and housing benchmarks to bypass traditional council planning timeframes and instead be assessed directly by the Department of Transport and Planning.

Designed by SJB, the development will comprise a mix of apartments above activated lower levels, with a strong focus on architectural articulation, landscaping, and communal amenity. The design response seeks to balance the industrial character of Richmond’s former warehouse precincts with a more contemporary residential form.

<img alt="First look: Focus Group Investments taps Victoria’s Great Design Fast Track for Richmond apartments" data-entity-type="file" data-entity-uuid="abea51cc-d85b-479e-9aef-a589f3b37ca7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/ground.png?VersionId=e1Kf8EyPWwyiVumtqQ4rM5S4GpOR3CCz" />

Proposed are 63 new dwellings, a wide ranging mix of studio, one-, two-, and three-bedroom apartments, and townhouses and duplexes. They will be spread across a part-three, part-eight storey building.

The Planning and Urban Context Report by Tract says the development is of an "exemplary architectural standard" and has been carefully crafted by SJB Architects.

"Dwellings&nbsp;will benefit from excellent access to natural light, cross-ventilation opportunities and extensive communal space," the report noted.

The architectural material highlights the project’s integration of landscaped elements and communal spaces throughout the building. The proposal also incorporates sustainability initiatives aligned with the Victorian Government’s push for higher-performing apartment developments under the fast-track program.

The Great Design Fast Track was unveiled by the Victorian Government in 2024 as part of a broader housing supply strategy aimed at accelerating the delivery of new homes. Projects assessed through the pathway must demonstrate high-quality architecture, sustainability outcomes, and housing diversity while being located close to public transport and existing infrastructure.

<img alt="First look: Focus Group Investments taps Victoria’s Great Design Fast Track for Richmond apartments" data-entity-type="file" data-entity-uuid="afdbe834-8dc4-4a77-a943-ba07bc927348" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/site_11.png?VersionId=0J657j.TaChAZfp93wqJYBTqSsnREJx2" />

Focus Group, founder and led by Paul De Lutiis, is increasingly active across Melbourne’s inner suburbs, targeting well-connected urban renewal locations suited to medium and higher-density residential development. The Fitzroy proposal continues that strategy, leveraging the area’s strong transport links, established retail amenity, and proximity to the CBD.

Fitzroy has been one of the most popular spots for developers and buyers in recent years. The likes of PACE Development Group, SMA Projects, Crema Group and Chapter Group, currently selling projects in the suburb.

First look: Focus Group Investments taps Victoria’s Great Design Fast Track for Fitzroy apartments

The Gold Coast Planning Committee has supported the preliminary approval for the Benowa Gardens Urban Village project following an extensive community consultation and assessment process.

The proposal will now proceed to a full council vote on June 2.

The application sought approval for a masterplanned urban village on the existing Benowa Gardens Shopping Centre site, combining new housing, retail, dining, health and lifestyle amenities within a walkable, integrated precinct.&nbsp;

The proposed redevelopment includes around 413 apartments integrated above a revitalised mixed-use centre featuring a full-line supermarket of 4,000 sqm, 6,000 sqm of specialty retail and dining space across around 30 retailers, a 7,000 sqm health and wellness precinct, and roughly 9,630 sqm of office and medical suites.&nbsp;

<img alt="$1b Benowa Gardens Urban Village moves to Full Council following Planning Committee support" data-entity-type="file" data-entity-uuid="fb36ae47-80bc-45f0-9914-31b0c7b6007d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/PR26576%20Ashmore%20Road%20C4%201121%20FI.jpg?VersionId=6mRKk2uU4r67TmTt39DKGUlvFRbTVqWa" />

The broader masterplan also includes very significant traffic and transport improvements, wide pedestrian walkways, upgraded pedestrian and cycle connections, and enhanced public areas designed to create a more connected and walkable community environment.&nbsp;

Centre owner Patrick Lu said the milestone reflected months of detailed planning, technical assessment and ongoing communication with local residents, businesses, schools and stakeholders.

“We appreciate the time, consideration and care Council officers and the Planning Committee have given this proposal throughout the assessment process,” Lu said.

“We also sincerely thank the local community for engaging with us, sharing feedback and participating in the consultation process over many months.

<img alt="$1b Benowa Gardens Urban Village moves to Full Council following Planning Committee support" data-entity-type="file" data-entity-uuid="32fd1fc3-d0e6-485f-ac57-9916c9bcb818" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/PR26576%20Ashmore%20Road%20C5%201121%20FI_2.jpg?VersionId=fz8qQKDBLQ7MyFRc856Zccfbh9nFwLOe" />

“We understand projects of this scale bring questions and concerns, which is why we have worked hard to listen carefully, provide information transparently and continue refining elements of the proposal where possible.

“Our vision has always been to create a well-designed, community-focused urban village that responds to the changing needs of the Gold Coast, while delivering improved amenity, housing diversity, healthcare access and local lifestyle benefits.

“This proposal is about creating a genuine live-work-play environment where residents can access everyday services, schools, healthcare, dining, shopping and green space within walking distance, while also supporting local jobs and economic activity.”

<img alt="$1b Benowa Gardens Urban Village moves to Full Council following Planning Committee support" data-entity-type="file" data-entity-uuid="50dfbd04-590e-4fc6-983b-766880947867" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Dining%20Day%20Time%20-%20High%20Resolution.jpg?VersionId=BP7ZoKJ0DdL_8iRkkC8VVx99moICV6kg" />

Lu said the proposal had evolved significantly through consultation and technical review, particularly around traffic, pedestrian and student safety and neighbourhood connectivity.&nbsp;

Melissa Griffin, Director at Urbis, said the recommendation recognised the strategic importance of delivering more housing and services within established urban areas already supported by infrastructure.

“This proposal represents the type of thoughtful, integrated growth that planning frameworks across South-East Queensland are encouraging,” Ms Griffin said.

“The project seeks to place housing, retail, healthcare and employment opportunities together in a highly accessible location close to schools, transport and existing services.

“Importantly, the process has involved significant technical assessment and community engagement to ensure local issues and feedback were properly considered throughout the planning pathway.”

$1 billion Benowa Gardens Urban Village heads to council vote following Planning Committee support

Surfers Paradise is officially set for its first new residential development with a 45-storey skybridge connecting the two towers.

John Camilleri’s Celestino Developments has been given the green light by the Gold Coast City Council to develop its major beachfront precinct across its huge 4,000 sqm oceanfront site at <a href="https://www.apartments.com.au/new-apartments/63-79-garfield-terrace-surfers-paradise-qld-4217">63–79 Garfield Terrace</a>, just five months after its <a href="https://www.apartments.com.au/news/qld/first-look-exclusive-billionaire-winx-breeder-s-bold-two-tower-surfers-paradise-play-with-45th-storey-skybridge">submission in late 2025</a>.

The approved scheme will deliver two towers rising 55 and 48 storeys, connected by a skybridge positioned on level 45 that will house a range of resident-only wellness and entertainment spaces.

In its notice of approval, the Gold Coast City Council said the&nbsp;proposed overall built form has been designed to complement the scale, intensity and protect the adjacent amenity and surrounding streets through the use of varied setbacks, site cover and architectural elements.

<img alt="First look exclusive: Billionaire Winx breeder’s bold two-tower Surfers Paradise play with 45th-storey skybridge" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_75/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202025-12-30%20at%209.53.48%E2%80%AFAM.png?VersionId=ADyPJ_TFbJvSU9wZFOiCBnlPtgF7VWqW" />

Designed by <a href="https://www.apartments.com.au/architects/dbi">DBI</a>, the development will comprise 275 apartments across the two towers, including a mix of two-, three-, and four-bedroom residences, as well as several penthouses. The apartments will sit above a landscaped podium featuring more than 90 metres of beachfront pool frontage, private resident lawns, lounges, and wellness spaces.

DBI said the design draws heavily from the movement and form of the coastal environment, with curving balcony lines and sculpted façades intended to soften the scale of the towers while maximising ocean outlooks and passive shading outcomes.

“The project occupies a rare, uninterrupted oceanfront site and has been shaped by a design philosophy that merges architectural elegance with environmental responsiveness and a carefully curated lifestyle experience,” DBI said in planning documents submitted to the Gold Coast City Council.

The most distinctive element of the approved project is the skybridge linking the two towers at level 45. The elevated communal space is planned to include executive lounges, formal dining areas, wellness facilities, and panoramic ocean-facing outlooks.

“The skybridge enhances the identity of the development, promotes social interaction, and delivers a lifestyle experience not found elsewhere on the Gold Coast,” DBI said.

At podium level, residents will have access to a suite of resort-style amenities, including resident lounges, private dining rooms, a yoga lawn, gymnasium, plunge pools, and treatment spaces. The beachfront pool has been designed with separate lap, lounge, and children’s areas extending across the width of the site.

The project will also introduce new food and beverage offerings along the Enderley Avenue and Oceanway frontages, contributing additional activation to the beachfront precinct.

First look: Winx billionaire’s beachfront Surfers Paradise apartment development greenlit

Potts Point

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Bomera, the heritage sandstone Italianate mansion on the Potts Point clifftop, has reportedly been sold to the steel baron, Sanjeev Gupta for around $34 million.

His purchase was foreshadowed three weeks ago in the Sunday Telegraph.

<img alt="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/10/15/Bomera%20ST.jpg"> 
The Sunday Telegraph identifying Sanjeev Gupta as the buyer nearly a month ago.

Gupta is soon set to vacate his Bellevue Hill rental, Barford.

It was six years ago that Bomera was bought for $12.5 million by Leanne Catelan, the daughter of the late RP Data founder Ray Catelan.

Bomera had had ambitious $25 million hopes in 2010, but had sat on the market for two years before Catelan swooped on the 160 year old mansion.

<img alt="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/10/15/Bomera%20Potts%20Point%20rubbished.jpg"> 
Reports of Sanjeev Gupta had been rubbished in the Wentworth Courier.

Catelan bought it from Spanish property developer Jorge Fernandez and wife Monica, who had commissioned heritage architects Graham Brooks &amp; Associates to restore the residence. 

They had bought the property in 2001, paying $6.55 million. It had been owned by the Defence Department, along with its neighbour, Tarana, since the 1940s. Tarana, which was also acquired by the Fernandez's, was converted into a luxury triplex. 

<img alt="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/3/15/Bonera.jpg">

Built by architect John Frederick Hilly for colonial merchant William McQuade in 1856, Bomera sits on a sprawling 2,150 sqm Wylde Street parcel, in landscaped grounds featuring a swimming pool.

It has five bedrooms, a grand ballroom overlooking Woolloomooloo Bay, a musician's gallery, billiards room and wine cellar.

The former stables are now a three bedroom cottage.

The official listing in March this year had been some 18 months in the making.

Local Potts Point agent Jason Boon was in talks to secure the listing and its sale (photographed above at Bomera).

LJ Hooker Double Bay agent Bill Malouf finally had the listing, in conjunction with Ballard's Clint Ballard.

<h2>NSW properties selling now:</h2>

[smartcode_project:default project_id=6284]

[smartcode_project:default project_id=29679]

[smartcode_project:default project_id=9190]

 
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jchancellor-FAypfDUnLy

Steel baron Sanjeev Gupta buys Potts Point trophy home Bomera 

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The former La Strada premises in Potts Point have been listed for sale by Giovanna Toppi, the restaurant family matriarch.

The listing comes as her neighbours pursue an <a href="/news/100-million-plus-macleay-street-potts-point-shop-top-residential-site-consolidation-put-to-market">apartment project for the Macleay St strip</a>.

The adjoining offering is four buildings combined to seek $100 million-plus for the 2170sqm holding.

Toppi’s <a href="https://www.raywhite.com/nsw/potts-point/2185560/" target="_blank">piggybacking 322sqm corner-site offering</a> last sold in 1979 for $348,000, with the elegant restaurant opening soon after with her late husband Walter.

La Strada took its name from the Fellini film released around the time Toppi arrived from Naples.

She came by herself with little money and no English, starting as a dishwasher but working her way up to head chef at Buona Sera, owned by Ettore Prossimo.

[smartcode_project:default project_id=7758]

She went on to own and run O Sole Mio, Giovannas, La Strada and then, of course, from 1988, Machiavelli with daughters Paola and Caterina. Until it closed in 1996 the restaurant, with its distinctive black and white marble flooring designed by Frank Grill, was the place to eat for any visiting star. Her black-vested waiters, the legendary Ricky Spinelli and Franco Perez, served countless steak dianes and crepe suzettes.

All the celebrity diner photos, including Elton John, Sylvester Stallone, Sammy Davis, Rod and Rachel Stewart and Shir­ley Bassey, were hung in the discreet entrance. Now operating as Spitroast, Ray White Randwick agent Sam Capra has the listing in conjunction with R&amp;W agent Jason Boon.

This article was first published in the Sunday Telegraph.
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Toppi's La Strada joins the $100 million plus Macleay Street, Potts Point shop top residential site consolidation put to market

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Even if there’s a rush of listings, with just 13 weeks until Christmas, many leading estate agents are wondering whether they will have sufficient sales commission to buy the family presents to put under the tree.
It looks like 2019 will see the fewest, and cheapest, tally of Sydney trophy home sales in the past seven years. Last year all top 20 sales sold for $20 million or more, grossing $675 million, up on $550 million worth in 2017.
But my tally so far sees just $325 million, with $12 million sales sufficient to qualify for the 2019 list. And the year’s top sale, which was Alex Ma’s $30 million Vaucluse in March, appears not to be proceeding to settlement. There will likely be a forfeited 10 per cent deposit.
That leaves a $23.5 million Rose Bay harbourfront sale (pictured above) sitting in top spot having sold to lawyer Amanda Banton through Ben Collier of The Agency.
There are unsubstantiated claims of two $15 million Mosman sales.
The Wentworth Courier reported in August there had been a $60 million offer from a Hong Kong buyer for Ganeden (below), the Vaucluse home of lawyer John Landerer. But this hasn’t eventuated in a sale.
<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/2019/9/23/GANEDEN1.jpg" alt="">
It sits next to La Mer, which James Packer and his then wife Erica sold in 2015 for $70 million in what ranks as the third-highest sale of all time through Christie’s agent Ken Jacobs.
Matt Allen’s Darling Point house is forlornly for sale having come with a starting guide price of $70 million in March last year.
A Coolong Rd, Vaucluse home (below) comes with a $55 million price tag. Pastoralist Garrick Hawkins and wife Evelyn <a href="https://www.realestate.com.au/property-house-nsw-vaucluse-132019478" target="_blank">started its public marketing</a> this week through Jacobs.
<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/2019/9/23/21%20Coolong%20Road%20Vaucluse.jpg" alt="">
There are whispers Bomera, the Italianate mansion at Potts Point, has had a $35 million plus offer. I’d reckon it would be the perfect bolthole for the steel baron Sanjeev Gupta who’s set to downsize from his Barford, Bellevue Hill rental.
The upper North Shore sees Mandalay, the Federation Queen Anne-style Gordon home to Jane and Geoff Selig, listed with record $14.5 million hopes.
The lack of sales is causing severe stress at estate agencies.
So bad even bitter rivals McGrath and The Agency could possibly contemplate mutual solutions. The debt free McGrath has $10 million cash to potentially buy back its glory days.
This article was first published in the Sunday Telegraph.  
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Top 20  Sydney trophy home listings shrink in 2019

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The Potts Point apartment of the late international model Annalise Braakensiek has been listed for rent by the estate’s executor, who has quickly ­accepted a rental application.
Braakensiek paid $600,000 for the one bedroom apartment, just a few months before her death in January.
The apartment, on Victoria Street, was up for $550 a week.
The Sunday Telegraph recently ­reported she left her ­estate to friends and family but nothing to her estranged husband.
The apartment was the bolthole for the model, who divided her time ­between Europe and the US.
She had planned to decorate the 53 square metre unit in her signature style with accents of Bali.
It comes with trendy oak floating floors and a large balcony in the refurbished 1980s complex.
This article was first published in the Sunday Telegraph. 
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firstname1-iYD4UYzvBa

Annalise Braakensiek's Potts Point apartment leased 

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The owners of four adjacent buildings in Potts Point have now joined forces to market a large 2170 sq m residential apartment project site on Macleay Street.
Two apartment buildings at 91-93 Macleay Street (above) and another at 10-12 Hughes Street were originally rushed to market in June.
But now the owners of the two smaller adjacent buildings, also on Macleay Street, have added their holdings to the amalgamated offering.
The buildings are in a mixed-use zone but there is no DA approval.
<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/2019/9/11/Potts%20Point%20aerial.jpg" alt="">
The initial disjointed offering was when the owners of the 43 apartments in the Nati Stolliar-built Axus and Reigate, on Hughes St, and its seven retail spaces in the two blocks had listed their properties as a combined site spanning 1242 square metres.
The two substantial holdings are at 91-93 Macleay Street and 10-12 Hughes Street. The latest additions to the site are the former Opium Den restaurant and the Blue Parrot backpacker premises.
There was no public initial price guide for the combined block, but JLL cited Double Bay sales of $45 million and $55 million.
Domain now advises it's a $100 million plus offering, as a supporting local agent R&amp;W comes onboard.
The proposal has been driven by the AXUS body corporate who always sought including all four of its neighbouring properties.
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The AXUS building land area is 940 sqm.
Under current planning controls, AXUS has a maximum allowable GFA of 4689 sqm.
An amalgamated site of all five potential properties has a maximum allowable GFA in excess of 9200 sqm, Brent Heatley from the strata manager, SRC has suggested.
Concept plans created by an unknown leading architectural firm comprises 91 apartments (1, 2 &amp; 3br), ground floor commercial/retail areas, plus two level basement parking for 100 vehicles.
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Given the idea was germinated four years ago, Heatley has advised plans were well advanced in the legal process of renewing the AXUS strata plan, to consolidate the building’s 41 residential and commercial lots into a single market-ready entity.
The Macleay and Hughes Street corner holding, the former La Strada Restaurant premises, and now Spitroast, is not part of the offering, but is set to be listed separately shortly. 
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$100 million plus Macleay Street, Potts Point shop top residential site consolidation put to market

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Stand-up comedian Carl Barron has sold his remaining Potts Point apartment.
Barron offloaded his $5.5 million luxury 16th-level unit in the Rockwall Apartment complex two months ago, and he has now quietly sold his nearby investment apartment for $2.8 million.
It's been bought by the local Waples family, who live in nearby Elizabeth Bay.
<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/2019/8/12/barron%201%201.jpg" alt="">
It is in the Mirvac-built Ikon high-rise tower, which has been caught up in the combustible fire panel controversy.
He previously called the two-bedroom apartment home, having paid $1,825,000 in 2008.
It became a $1500-a-week rental in 2013, after he spent $4 million on the Rockwall apartment.
The no-frills funnyman, just back from a recent European tour that included Oslo, Antwerp and Amsterdam, may spend more time in the Southern Highlands, where he has an 8 hectare hideaway at Mount Murray, which cost $1,755,000 in 2017.
He once said that if he had more time, he’d take up birdwatching.
This article was first published in the Sunday Telegraph. 
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Comedian Carl Barron sells second Potts Point apartment

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Retired veteran Liberal politician Bronwyn Bishop is seeking tenants for her long-held Potts Point investment apartment.
She’s hoping to buck the trend of the falling Sydney rental market, asking $660-a-week, up from the $650-a-week it had been listed for in 2018.
The two-bedroom Macleay Gardens apartment has seen a steady increase over the years.
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The only time it went backwards in asking rent was in 2010 when she sought $500-a-week tenants, down from the $510 in 2007.
Bishop, who was a federal MP for almost three decades, paid $268,000 for the apartment in 1996.
This article was first published in the Saturday Daily Telegraph. 
 
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Bronwyn Bishop seeks Potts Point tenants

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The Larmont Hotel in Sydney's King Cross has been listed for sale with $55 million hopes.
The 103 room, five-star hotel is ranked seventh in Sydney by TripAdvisor having undergone an extensive $8 million transformation before re-opening its doors in late 2017.
The building last traded for $23.2 million in 2014 when it was sold by 8Hotels group, the boutique hotel group of the Melbourne-based hotelier Paul Fischmann, who had paid $18.2 million in 2013.
It was bought by listed Singapore real estate developer Tee Land, who, along with Lancemore Group hoteliers Jan and Peter Clark, spent $12 million on acquiring the privately held apartments on levels 11 and 12 and turning the 24 units into more rooms.
It became Larmont Sydney by Lancemore, having previously operated as the 76 room Diamant Hotel. Levels seven to 10 are commercial strata offices.
Set behind the King Cross icon the Coca-Cola sign, Larmont has a number of rooms with extensive terraces that look across the city skyline and the harbour.
Rooms start at $215 a night.
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Each room is designed by Hassell studio and is fitted with modern furniture, marble bathroom vanities, freestanding baths and rain showers.
They have semi-open bathrooms which allows guests to take in the city views.
It also has an in house restaurant, Hyde.
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Gus Moors and Karen Wales are marketing the building, with two retail tenancies also to be listed.
The Larmont is currently ran by the Lancemore Group, a family ran business who are offering a hotel management agreement for the successful buyer.
The Lancemore Group have six hotels across New South Wales, Queensland and Victoria, including Lindenderry on the Mornington Peninsula and Alamanda at Palm Cove near Cairns.
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Potts Point's Larmont Hotel building for sale

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Tony Benjamin, the $12.7 million buyer of the Potts Point premises sold by pub baron Justin Hemmes, has bought a strategic adjoining holding within the heritage row of 1905 Queen Anne-style terraces.
He’s paid $2.45 million for the 180 square metre art gallery space on the rear ground floor of the Yellow House.
Yuill/Crowley occupy the Macleay Street premises which comes with a 130 square metre basement.
The $13 million corner site has a 373 square metre floorplate occupied by Arida Fashion and the now closed Fish Shop.
The third piece of the jigsaw, the two-star Holiday Lodge, has been owned by Benjamin (inset) since paying $3.29 million in 2009.
There are whispers Benjamin plans a boutique hotel although previous endeavours have failed to proceed.
The Benjamin family made their fortune in Queensland bulky goods outlets.
This article was first published in the Sunday Telegraph. 
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Tony Benjamin expands Macleay Street, Potts Point presence with art gallery purchase

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The comedian Carl Barron has secured the snappy sale of his luxury Potts Point apartment.
There’s no price reveal yet, but he had been seeking $5.5 million buyers for his 16th-floor unit in Rockwall Apartments through Richardson &amp; Wrench.
Barron, who is Australia’s biggest live touring comedian, paid $4 million in 2013.
The three-bedroom apartment has a bow-fronted sunroom capturing all the Harbour Bridge and Opera House night-time Vivid views.
The no-frills funnyman, just back from a recent European tour which included Oslo, Antwerp and Amsterdam, was paying strata levies of $5792 per quarter.
Barron retains an apartment around the corner in Ikon on Macleay Street, which cost $1,825,000 in 2008.
He may spend more time in the Southern Highlands, where he has an 8 hectare hideaway at Mount Murray, which cost $1.755 million in 2017. He once said that if he had more time, he’d take up bird watching.
This article was first published in the Sunday Telegraph.
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