Abadeen has released the whole-floor penthouse crowning its recently completed <a href="https://www.apartments.com.au/buildings/park-residences-cremorne-2-sutherland-street-cremorne-nsw-2090">Park Residences</a> development in Cremorne, bringing the near-300 sqm residence to market for the first time.

Occupying the entire top floor of the boutique Lower North Shore development, the penthouse includes 221 sqm of internal living and a 74 sqm wraparound terrace, with a prized north-facing aspect taking in views across Middle Harbour.

The residence has been completed and fully furnished following a collaboration between Abadeen Executive Chairman Justin Brown and internationally recognised interior designer Jack Freeman, Founder and Managing Director of FREEMAN &amp; CO.

<a href="https://www.apartments.com.au/developers/abadeen">Abadeen</a> and Freeman approached the penthouse as a finished home, sourcing furniture, artwork, lighting and objects from Australia and overseas.

[smartcode_project:default project_id=114246 project_image_fid=378718]

Pieces from Parisian design house Pierre Augustin Rose sit alongside contemporary artworks and bespoke lighting, with Freeman drawing on recent visits to PAD Paris and Salone del Mobile Milano for the final collection.

Brown said the aim was to create a penthouse that felt more like a large-scale private home than a traditional apartment.

"The experience begins the moment the lift doors open. You're welcomed into an elegant dining room before the home opens into an extraordinary living space framed by sun-drenched harbour views.

"Every time someone walks through the front door they pause. It's not just the view, it's the incredible sense of space, the warmth created by the northern sunlight that fills the interiors, and the way every room connects so effortlessly.

"It has all the proportions of a luxury home, while delivering the effortless lifestyle and personalised experience of living in a world-class six-star hotel, combined with the simplicity and convenience of apartment living."

[smartcode_project:default project_id=114246 project_image_fid=378713]

A secure lift provides exclusive access to the penthouse level, opening to a dedicated arrival foyer and dining area before the residence expands into its main living and entertaining spaces.

Floor-to-ceiling glazing runs across the northern side of the home, connecting the interiors with the terrace and Middle Harbour outlook.

The penthouse also features a fireplace and substantial chef's kitchen, while the wraparound terrace has been designed to accommodate both everyday outdoor living and larger-scale entertaining.

[smartcode_project:default project_id=114246 project_image_fid=378720]

Freeman said the interiors had been deliberately kept restrained to complement the scale, natural light and outlook already established by the architecture.

"The penthouse is a serene study in quiet luxury," Freeman said.

"The interior pairs soft, sculptural forms with warm timber, pale stone and a restrained neutral palette. Curated artwork and metallic accents add depth, while abundant natural light creates a calm, effortlessly refined atmosphere. In my world, less is always more."

Freeman said the approach was centred around collecting individual pieces rather than simply decorating the apartment.

"Every material, every object and every piece of furniture has been curated with intention. I am a true believer in collecting versus decorating.

"The architecture already provided extraordinary natural light, remarkable volume and an uninterrupted connection to Middle Harbour. Our role was to complement those qualities with unique one-of-a-kind pieces of fine art and collectible design sourced from recent travels around the world."

[smartcode_project:default project_id=114246 project_image_fid=378694]

Among the collection are solid bronze sculptures by Lorenzo Quinn, alongside a curated crystalware collection and pieces sourced from international design fairs.

Park Residences sits opposite Cammeray Golf Club, Cammeray Croquet Club and Grand Slam Tennis Cammeray, around 300 metres from Neutral Bay Village and its established collection of restaurants, cafés and retail.

Brown said the combination of a whole-floor floorplan, northern aspect and proximity to Neutral Bay was becoming increasingly difficult to find on the Lower North Shore.

"Completed whole-floor penthouses with a sun-drenched north-facing aspect and sweeping Middle Harbour views are exceptionally rare," Brown said.

"Add a quiet position opposite golf, croquet and tennis facilities, a level walk to Neutral Bay Village and only minutes to the CBD, and you have a lifestyle that's incredibly difficult to replicate.

"This is a home that offers the privacy and generosity of a luxury residence together with the convenience of one of Sydney's best-connected harbourside locations."

The penthouse will be exclusively marketed by SRM Residential.

[smartcode_project_cta:default project_id=114246]

Joel Robinson

Abadeen unveils penthouse at Park Residences in Cremorne

New Brisbane developer Dalcott has unveiled Marrone, the first of three residential projects it is planning in and around Browning Street in South Brisbane.

<a href="https://www.apartments.com.au/new-apartments/marrone-south-brisbane-39-browning-street-south-brisbane-qld-4101">Marrone</a> will comprise 97 predominantly two- and three-bedroom apartments, with larger residences aimed squarely at the owner-occupier market.

The project will sit in a quiet pocket of South Brisbane between South Bank and West End, close to the restaurants, cultural attractions and riverfront amenity that have driven the suburb's continued transformation.

Dalcott is targeting buyers looking for more space and amenity than has traditionally been offered in the inner-city apartment market, particularly downsizers and professionals wanting to remain close to the city.

[smartcode_project:default project_id=149951 project_image_fid=377072]

Resident facilities will be concentrated around an extensive rooftop amenity offering, including a swimming pool, spa, infrared sauna, warm and cold magnesium plunge pools, private lounge, dining room and outdoor entertaining areas.

Dalcott Managing Director Lachlan Cottee said South Brisbane's combination of lifestyle, connectivity and established character had been central to the approach to Marrone.

“South Brisbane offers a combination of lifestyle, connectivity and character that’s difficult to replicate elsewhere in Brisbane,” Cottee said.

“Our focus has been on creating homes that feel connected to that environment while providing the level of design, functionality and quality that today's owner-occupiers expect.”

The residences will feature an expressive material palette. Italian Calacatta Viola marble, known for its deep burgundy veining, will be paired with aged brass tapware, Chestnut engineered timber flooring and Tuscan Oak joinery.

<img alt="Marrone" data-entity-type="file" data-entity-uuid="b8d833da-3b30-496a-ae30-07bdff371b50" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-25%20at%2010.52.35%E2%80%AFAM.png?VersionId=P6DAgOfaQzIXljKKK5j3e5NhWtrHIu9G" />

Bathrooms will feature Nara Japanese ceramics and glass bricks, while clay, walnut and brass lighting will be used throughout the apartments.

Dalcott has appointed Realm Projects, led by Managing Director Shane Foley, to handle sales and marketing following previous sold-out collaborations between the groups.

Foley said the Brisbane apartment buyer had become increasingly focused on the quality of the home itself rather than simply securing an inner-city address.

“We expect to see strong demand from buyers who still want all the advantages of inner-city living but aren’t prepared to compromise on the quality of their home,” Foley said.

“Many will be downsizers looking to leave behind the maintenance of a traditional family home without giving up the space they enjoy, while others are likely to be professionals wanting a residence that reflects the way they live today.”

“Marrone responds directly to that demand, with generous floorplans, exceptional resident amenity and a location that places some of Brisbane’s best dining, entertainment and cultural attractions within walking distance.”

<img alt="Marrone" data-entity-type="file" data-entity-uuid="61f7b22f-899e-4c0f-940a-7d3ab1bfb93a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-25%20at%2010.52.44%E2%80%AFAM.png?VersionId=PvN1JYxBgUpyCB7efKo52WGdSDs9nmim" />

Marrone will be the first project delivered as part of Dalcott's broader investment in the precinct.

It will be followed by La Terra, a boutique project comprising penthouse-style, single-level apartments on a northeast corner site with extensive resident amenity and city views.

Cottee said Marrone represented the first stage of the group's longer-term plans for the area.

Dalcott was established in 2025 by Lachlan Cottee and Ben Dalgliesh, combining development and construction capability under an integrated model and focusing on architecturally considered residential projects.

Marrone will initially be offered through a pre-release registration campaign ahead of its broader public launch.

Dalcott targets owner-occupiers with South Brisbane debut Marrone

Parnell Developments is the latest to seek significant uplift through the NSW Government's Housing Delivery Authority on a Strathfield site previously approved for a much smaller apartment development.

Parnell has sought approval for a 32-storey mixed use tower across&nbsp;<a href="https://www.apartments.com.au/new-apartments/7-lyons-street-strathfield-nsw-2135">3-7 Lyons Street and 18 Parnell Street</a>, a&nbsp;1,857 sqm site around 400 metres from Strathfield Station. The building would yield 160 apartments, 15 per cent of which will be dedicated affordable as per the government mandate for buildings seeking additional uplift.

Approved previously was a nine-storey building back in 2022 with just over 30 apartments. That approval came prior to the project being&nbsp;progressively reconsidered as planning policy shifted toward greater density around transport hubs.

<img alt="Strathfield" data-entity-type="file" data-entity-uuid="c5af5281-a643-4eb2-b8c4-0081b59c04c7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-25%20at%209.16.48%E2%80%AFAM.png?VersionId=37bd3mI7rHNpThOV_75VO8xsGFwWOi1u" />

Turner has designed the latest building that would replace&nbsp;existing detached homes across the four lots.

The apartment mix comprises 22 one-bedroom apartments, 107 two-bedroom and two-bedroom-plus configurations, and 31 apartments with three or more bedrooms. The scheme also includes 203 car spaces across six basement levels and 58 bicycle spaces.

The proposal has been designed around a three-storey podium addressing Lyons Street, with the tower rising above and stepping toward its upper levels.

Turner said the podium was deliberately scaled to respond to the existing street, while the taller element has been designed as part of the emerging skyline anticipated around Strathfield Town Centre and the wider Homebush transport-oriented development precinct.

The Lyons Street frontage would have a more active, pedestrian-focused character, incorporating the commercial tenancy, landscaping and a brick-framed podium with an awning.

<img alt="Strathfield" data-entity-type="file" data-entity-uuid="14b20874-b8c3-4ac7-bc03-92be9a69fb78" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-25%20at%209.17.48%E2%80%AFAM.png?VersionId=av.9TxtqIRTC6v3PkSuu1rL9rreWoe2h" />

Parnell Street, which faces the railway corridor, has been given a different architectural treatment, with double-height breeze blocks, landscaping and communal areas used to soften the interface with the rail infrastructure.

The tower itself uses curved and recessed facade elements, with wave-like indentations across the northern elevation breaking the building into three vertical forms.

A palette of grey concrete, brick and breeze blocks is complemented by clay and terracotta accents, while the upper tower adopts a lighter expression through articulated slab edges, vertical fins and recessed glazing.

Residents would have access to 467 sqm of communal open space spread across three levels. The ground floor would accommodate the more active resident areas, including barbecue and group gathering spaces and an internal communal room capable of being used for working from home.

A more passive viewing deck is proposed at level three, overlooking the ground-level landscaping and neighbouring tennis courts, while a rooftop "sunset deck" at level 30 would provide another social and relaxation space.

<img alt="Parnell" data-entity-type="file" data-entity-uuid="c3dce401-a80f-4682-8471-4caa01180880" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-25%20at%209.17.34%E2%80%AFAM.png?VersionId=Xyo8JVqbOhSJXNy6Ih.1cHL.O6i0bGR." />

&nbsp;

&nbsp;

&nbsp;

Strathfield has been earmarked for substantial change through the Strathfield Town Centre planning work and the nearby Homebush TOD precinct.

Turner's report says the project has been designed to act as a transition between the existing low and mid-rise development surrounding the site and the taller built form expected to emerge across the town centre.

The proposal is being assessed as State Significant Development under the HDA pathway, alongside the concurrent request to amend the Burwood Local Environmental Plan.

First look: New apartment tower pitched for Strathfield Town Centre precinct

An $18 million penthouse has hit the market in Main Beach as construction tops out on La Mer, the $155 million apartment development rising just metres from the beach.

Spanning around 600 sqm across the top two levels of the 29-storey tower on Main Beach Parade, the four-bedroom penthouse is one of the latest eight-figure residences to test the upper end of the Gold Coast apartment market.

Its launch comes amid continued activity at the very top of the market, following the $30 million off-the-plan sale of a Burleigh Heads penthouse earlier this year, which surpassed the Gold Coast's previous $24 million apartment record set in 2023.

The <a href="https://www.apartments.com.au/new-apartments/la-mer-main-beach-3580-main-beach-parade-main-beach-qld-4217">La Mer penthouse</a> has been designed as a private residence in the sky, with 360-degree views spanning the ocean, Broadwater, hinterland and Gold Coast skyline.

[smartcode_project:default project_id=95606 project_image_fid=378731]

All four bedrooms have ensuites, while the ocean-facing master retreat occupies around half of the upper level and includes its own lounge, private balcony, two walk-in wardrobes and an oversized ensuite with a freestanding stone bath positioned to take in the views.

The residence also features a kitchen designed to accommodate a private chef, a 3.6-metre island bench, expansive butler's pantry, wine cellar and integrated bar.

[smartcode_project:default project_id=95606 project_image_fid=378732]

A rooftop pool and substantial outdoor entertaining area with its own kitchen sit above the residence, while a grand staircase connects the two internal levels. The penthouse also has its own express lift.

OTP Group Director James Elliott, who is marketing La Mer, said the penthouse was expected to appeal to high-net-worth buyers seeking either a permanent Main Beach residence or Gold Coast holiday home.

“The La Mer penthouse represents exceptional value, considering its quality design, size, privacy and location, not to mention the 360-degree views capturing the beach and Gold Coast Broadwater,” Elliott said.

“We’re anticipating interest from high-net-worth individuals and couples seeking a residence or holiday home in the sought-after village enclave of Main Beach, taking advantage of the unprecedented growth underway in the area and neighbouring The Spit.”

[smartcode_project:default project_id=95606 project_image_fid=378736]

La Mer is being developed by developer-builder ODUS and Nazero, in partnership with funder Metrics Credit Partners.

ODUS Director Byron Sakha said topping out the tower had provided the opportunity to release the project's most significant residence.

“We’ve worked with internationally-recognised studio Sici Design on the penthouse interiors, with a focus on ensuring it isn’t luxury for luxury’s sake. Every element has been thoughtfully designed to enhance quality of life for those who call it home,” Sakha said.

“The views are the hero of virtually every space, but we’ve given equal attention to the fittings and finishes, so every detail exudes elegance and refinement.”

Sici Design Founder and Director Maria Papadopoulos said the extensive views became an integral part of the interior design rather than simply something the residence was designed around.

“The views weren't something we designed around, they became part of the design itself, with the true luxury of La Mer in its feeling of peace, calm and wellbeing,” Papadopoulos said.

“Luxury isn't defined by how something looks, but how it makes you feel, and we believe a luxurious home should be beautiful to live in, not stressful to maintain.”

The interiors combine Austral Dream Dolomite natural stone and travertine with timber flooring and a restrained coastal palette.

[smartcode_project:default project_id=95606 project_image_fid=378734]

Designed by Plus Studio, La Mer is one of the more boutique additions to the rapidly changing Main Beach apartment market.

The tower comprises just 24 full-floor, three-bedroom plus multipurpose room apartments below the two-level penthouse, giving the project a considerably lower density than many of the larger towers being developed across the Gold Coast.

Residents will have access to a pool and spa, gym, sauna, barbecue facilities, private sun lounges, yoga lawn and outdoor beach shower.

The penthouse has been released as part of the final collection of residences at La Mer, with remaining apartments priced from $4.3 million.

Construction is expected to complete later this year, with a fully furnished display apartment now open on level four.

[smartcode_project_cta:default project_id=95606]

ODUS releases $18 million penthouse crowning La Mer Main Beach

<a href="https://www.apartments.com.au/developers/far-east-consortium">Far East Consortium</a> is preparing to commence construction on <a href="https://www.apartments.com.au/new-apartments/640-bourke-street-melbourne-640-bourke-street-melbourne-vic-3000">640 Bourke Street</a> this October, marking the next milestone for the Melbourne CBD development and its higher-end Eliza Collection.

Spanning levels 44 to 68 of the 68-storey <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a>-designed tower, the Eliza Collection has been conceived as a lower-density offering within the broader development, with only five apartments on each floor, dedicated lift access and a collection of resident spaces reserved exclusively for Eliza Collection residents.

The Eliza Collection forms part of Far East Consortium's broader move toward larger-format residences at 640 Bourke Street, where the number of apartments was reduced from earlier plans as apartment sizes increased.

[smartcode_project:default project_id=509 project_image_fid=365685]

"What it's meant for 640 Bourke is we've actually reduced the number of apartments. We've increased the overall size of the apartments. We don't have any studios in here, and what that does for a project is it elevates it," Far East Consortium Director of Sales and Marketing Lauren Sheldon said.

Rothelowman Associate Jun Chang said the design process provided an opportunity to create more generous floorplans.

"We were given the opportunity to be more generous. The apartments became bigger and squarer than any other apartments which had been designed in the CBD before that."

[smartcode_project:default project_id=509 project_image_fid=368869]

That thinking carries through to the Eliza Collection, where the residences have been designed around the space and functionality associated with a larger home, but positioned high above the centre of Melbourne.

Kitchens are equipped with Gaggenau appliances, a butler's pantry, temperature-controlled wine cabinet and sculptural pendant lighting, while engineered timber flooring, stone and porcelain finishes and custom cabinetry feature throughout the broader interiors.

Privacy and security are another point of distinction. Eliza Collection residents have dedicated lift access, while 640 Bourke Street will provide concierge services and secure resident parking. Short-stay accommodation, including Airbnb, will not be permitted within the development.

[smartcode_project:default project_id=509 project_image_fid=365689]

Eliza Collection residents will also have exclusive access to selected amenity spaces across levels one and three of the restored Eliza Tinsley building. These include the Salon with grand piano, an art therapy room, private dining rooms and treatment rooms.

They sit within more than 3,000 sqm of amenity planned across 640 Bourke Street, alongside facilities including a pool, gym, whisky lounge and further social and wellness spaces.

The Eliza Tinsley building itself is central to the wider project's identity. Rather than treating the existing Eliza Tinsley façade as a separate element, Rothelowman used it as a starting point for the architecture of the new tower, with the historic building to accommodate the project's gallery and lobby.

"It's a significant asset and wants to be celebrated and experienced by all residents every single time they go in and out of the building," Rothelowman Principal Stuart Marsland said.

[smartcode_project:default project_id=509 project_image_fid=368872]

The tower will rise behind the retained heritage building at 640 Bourke Street, placing residents within walking distance of Southern Cross Station, Flagstaff Gardens, Queen Victoria Market and the Docklands waterfront.

With construction scheduled to begin in October, Far East Consortium has established an onsite display gallery at 640 Bourke Street, including fully built apartments that allow the project's layouts, materials and finishes to be inspected at full scale.

A fully built Eliza Collection apartment is also available to view at the display suite by appointment ahead of the planned October construction commencement.

Eligible purchasers who buy before construction commences can secure the full available off-the-plan stamp duty savings, subject to eligibility and applicable conditions.

[smartcode_project_cta:default project_id=509]

Far East Consortium brings Eliza Collection to 640 Bourke Street ahead of October construction start

St Kilda

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The VFL footy legend Sam Newman, who ranks among the A-list names previously floated as potential buyers in stage one of the Saint Moritz, St Kilda complex, is keeping everyone guessing.
<div>
Asked whether he was set to move in by the local paper, The Herald Sun, Newman only confirmed he had looked at the luxury tower which is being officially launched this weekend.
“I’m still considering the whole thing,” Newman said. The Geelong great currently lives in Docklands.
<div>He once commissioned the <a href="/news/vic/pamela-anderson-house-built-for-sam-newman-on-the-market">infamous ultra-modern “Pamela Anderson” house</a> in St Kilda West, although never loved in it.</div>
<div> </div>
<div>Newman also previously owned in 8 The Esplanade, where he had a two bedroom 14th floor penthouse apartment in the 1985-built Arrandale complex which he sold in 2015 at $1.9 million.</div>
<div> </div>
<div>
<div>The apartments in the initial St Kilda building are set to average $3.5 million with completion in three years.</div>
 “I was really surprised how many buyers there were for these apartments,” said the developer Tim Gurner.
</div>
</div>
<div>
“This will become a precinct where the buildings will house a number of Melbourne’s very wealthy families,” he suggests.
<div>
<div>The 120-apartment redevelopment of the Novotel hotel site on St Kilda’s Esplanade reportedly officially goes on sale with prices starting at $1.4 million.</div>
<div>  </div>
<div>Opened in 1939, the St Moritz ice skating rink was one of the suburb’s grandest icons.</div>
<div> </div>
<div>The project is seen as part of the transformation away from its seedy reputation, which has been further soured with violent assaults even against police in recent times.</div>
<div> </div>
<div>But there have been whispers since late last year that the Melbourne developer had quietly achieved a "near sellout" of the initial offering of apartments in the $550 million project.</div>
<div>
Gurner amended the exisiting permit for 14 – 16 The Esplanade, St Kilda, to halve the number of apartments from 240 to 120.
“We believe the luxury end of the market has been waiting for something like this to come along," Tim Gurner said officially in February when seeking registrations of interest.  
The first of the three buildings, Pacific House features 45 residences.
Wilson Agents recently placed an Instagram posting advising the off market sales progress.
"For those of you who don’t already know, the Novotel on the upper esplanade is being completely demolished and in a few years from now the most amazing beachfront residences I have ever seen will be built in its place," agent Grace Le-francke posted. 
"They are almost completely sold out already in a matter of weeks," she advised.
The sales included the $30 million penthouse that sits atop Pacific House to the <a href="/news/antony-catalano-buys-gurners-shrunk-30-million-saint-moritz-st-kilda-penthouse">former Domain chief Antony Catalano</a>. 
Over summer Gurner had the naming rights partner of the recent Australian Yachting Championships, conducted by the host club at the Royal Melbourne Yacht Squadron in St Kilda.
</div>
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firstname1-iYD4UYzvBa

Sam Newman keeps everyone guessing on Saint Moritz, St Kilda  acquisition

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Last week, GURNER™ unveiled the first designs its most ambitious project to date - the $550m '<a href="/buildings/saint-moritz-st-kilda-14-16-the-esplanade-st-kilda">Saint Moritz</a>' - located on a high-profile 6,000 sqm site at 14-16 The Esplanade, once occupied by the the Saint Moritz Ice Rink.

Now home of the Novotel Hotel the site will be transformed into three, ultra-luxurious 8-storey towers comprising 120 apartments in total as part of a vision for creating "the world’s most exclusive and opulent residential addresses, featuring amenities for residents that exceed standards set in the most luxurious hotels in the world." 

GURNER™ has engaged Fender Katsalidis and Koichi Takada Architects to amend the permitted plans for the site, which has a long history on Urban.com.au - we <a href="/news/a-new-beginning-for-st-kildas-novotel">first reported on plans</a> for the site four years ago to the day.

Fender Katsalidis will assume the role of lead architect for the development while Koichi Takada Architects is responsible for the design of one of the three buildings, providing the development with design diversity.

<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/novotel_redevelopment.png" rel="gallery-all" title="Render of previous permitted development for the site. Image: Metier3"><img alt="" class="image-article-full-width-580px" height="367" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/novotel_redevelopment.png?itok=JcZ-x8W0" title="Render of previous permitted development for the site. Image: Metier3" width="580"></a>

<figcaption>Render of previous permitted development for the site. Image: Metier3</figcaption></figure>Under revised plans for the site, the number of apartments has been reduced from 240 down to 120 across three buildings - up from the permitted two - set amongst oasis-style landscapes designed by Jack Merlo.

The first of the three buildings, Pacific House, is set to launch to the public in June this year, and will feature 45 residences with an average price-point of $4m and interiors by David Hicks.

A $30 million 650sqm penthouse will sit atop Pacific House complete with two private pools, seven bedrooms, a seven car private garage with direct access lift, four living rooms, in-home sauna, gym and 150sqm outdoor terrace offering panoramic views of the bay stretching to the city skyline.

The double-storey penthouse was recently snapped up by a high-profile Melbourne family and in the process has smashed Melbourne’s price record for the most expensive apartment sale. The sale, contracted off-market prior to the development’s public launch has achieved an unprecedented rate of $40,000 per square metre. The price is 20 per cent higher than the previous Melbourne record and is the second highest in Australia, second only to the $40m record price achieved for an apartment in Sydney.

According to GURNER™ founder and director TIm Gurner, they are currently designing another penthouse in the second building that will be priced in the vicinity of $25m to $30m in response to the successful sale and demand for such a unique offering.

This will be launched as part of the ‘Penthouse Collection,' comprising ten residences across the three buildings priced from $5million up to $25million-plus. 

<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/in22_-_bld_a_-_penthouse_pool_terrace.jpg" rel="gallery-all" title="The pool terrace of the $30m penthouse. Image: GURNER™"><img alt="" class="image-article-full-width-580px" height="348" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/in22_-_bld_a_-_penthouse_pool_terrace.jpg?itok=Y-jE2kjJ" title="The pool terrace of the $30m penthouse. Image: GURNER™" width="580"></a>

<figcaption>The pool terrace of the $30m penthouse in Pacific House. Image: GURNER™</figcaption></figure><blockquote>
We believe the luxury end of the market has been waiting for something like this to come along, with significant depth and demand for the right project offering the right level of luxury.

Our vision for Saint Moritz was to reimagine luxury living in Australia, looking to the world’s most iconic luxury waterfront developments to create something that will never be repeated again.

This is without a doubt the most ambitious and luxurious development we have ever created and I will ensure personally that every miniscule detail of this project is delivered to far exceed expectations.

Karl Fender describes the design as ‘invisible design’ - a timeless masterpiece, with curves inspired by the sand and waves of the bay that will stand the test of time.

(The) penthouse has been designed to be the best in Australia and arguably one of the best in the world.

We initially designed the penthouse with a floorplan of over 1,300sqm and an even bigger price-tag however the early feedback we have received from our local and international clientele was that a penthouse of this size would be too big even for them.

We had no intention of selling the prized penthouse until the launch, but once word got out we were swamped with interested buyers – all local Melbourne identities who quickly realised this will be Melbourne’s and arguably Australia’s best residential address. 

We had five interested buyers and two quickly became very competitive. We worked with the successful buyer to design and customise the penthouse with them before formalising the sale – a process that has now been completed.

- Tim Gurner, GURNER™ founder and director
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Laurence Dragomir

GURNER™ reimagines luxury living in St Kilda with sale of $30m penthouse

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The Melbourne developer Gurner has sold the penthouse in its Saint Moritz project for $30 million to the former boss of Domain, Antony Catalano.
<div>The sale was the first by the Victorian office of Christie’s International, which opened its doors only last week, with Sean Cussell, formerly a director at Marshall</div>
<div>White, now partnering with Ken Jacobs of Christie’s Sydney.</div>
The penthouse, if confirmed as sold at $30 million, will be a record price for Melbourne apartments.
Gurner is currently amending the exisiting permit for 14 – 16 The Esplanade, St Kilda, to halve the number of proposed apartments from 240 to 120 on the Novotel site.
Fender Katsalidis is the lead architect, with Koichi Takada Architects appointed to design one of the three buildings.
The interior designer is David Hicks.
Jack Merlo has been tasked with the landscapes. 
The first of the three buildings, Pacific House, is set to launch mid-year, featuring 45 residences averaging $4 million. 
 <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/2019/1/29/GURN10030_The%20Esplanade_IN26_BLD%20A_Penthouse_Bay%20View.jpg" alt="">
The $30 million penthouse that sits atop Pacific House will offer 650sqm of internal space along with a 175sqm terrace with private pool, six bedrooms, a seven car private garage with direct access lift, four living rooms, in-home sauna and gym. 
The double-storey penthouse will have a cascading two-storey water feature surrounded by marble-clad walls, a solid Nero Marquina bathtub with 180 degree water views, another internal pool that submerges into the rooms below - complete with transparent glass that can be viewed from the lower level - a floating fireplace and a 1000-bottle, temperature-controlled wine cellar, accessible via a sculptural spiral staircase.  
Gurner initially designed the penthouse with a floorplan of over 1,300sqm and an even bigger price-tag however the early feedback they received from local and international clienteles was that a penthouse of this size would be too big.
There were hopes it would be <a href="/news/40-million-aspirations-for-gurners-st-kilda-novotel-penthouse">a $40 million penthouse</a>.
<div>Gurner are currently designing another penthouse in the second building that will be priced in the vicinity of $25 million to $30 million.</div>
 <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/2019/1/29/GURN10030_The%20Esplanade_IN19_BLD%20A_Penthouse_Pool%20%20Dining.jpg" alt="">
Gurner will offer a full design customisation package included within the $30 million purchase price, which Nine Entertainment reported took place this week.
<div>The sale equates to $40,000 per square metre.</div>
The 120 private residences encompassing two, three bedroom, four, five and six bedroo offerings, comes with prices ranging from $1.4 million to $30 million. 
The project is currently taking registrations of interest with sales to launch in mid 2019. 
It was 2015 when the entire 100th floor of the southern hemisphere's tallest building under construction, Australia 108 was bought by an undisclosed businessman based in China for $25 million, a Melbourne record. The apartment cost more than $33,000 per square metre, spanning the entire top floor of Australia 108, with its own grand entrance foyer on level 98 as well as a private glass elevator. 
Cussell would not confirm the identity of the family who had purchased the penthouse, saying only their decision to relocate from a substantial waterfront mansion in Melbourne to a luxury apartment would challenge traditional thinking on what constitutes a family home.
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“ The couple will be moving their large family into the 7-bedroom penthouse, which is a trend we are seeing more and more as Melbourne families sell their traditional established homes in favour of the convenience, comfort, amenity and security of a modern building all within minutes of the best that Melbourne has to offer.
“”The beach is at your doorstep, Melbourne’s best boulevard opens up from your driveway, the buzz of St Kilda surrounds you and the city is a few minutes away. It doesn’t get any better,” Mr. Cussell said.
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<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/2019/1/29/GURN10030_The%20Esplanade_IN24_BLD%20A_Penthouse_Bath%20to%20Bedroom.jpg" alt="">
The deal comes when the digital real estate company Catalano departed just a year ago is trading at record lows on the ASX.
Catalano departed Domain in January 2018 when its share price was $3.15. It is now trading at $2.12, at record lows, with a market cap of $1.3 billion.
<a href="/news/antony-catalano-fails-in-his-air-headed-domain-return">He retains shares</a> in Domain, even seeking late last year to return to the group.
His son Jordan's own off the plan apartment development spruiking website, which is run with former The Review Weekly, MMP Fairfax staffer, Tom Hywood, recently raided Domain for a sales team recruit, Scott Rudgley.
Rudgley was billed as "one of Domain’s best strategic minds who led Domain in its golden times," in their announcement which couldn't resist a sledge against the former employer.
It says its marketing offerings can be up to 50 per cent cheaper "compared to the once dominating operators."
Their AD Group was established as Catalano and Hywood reportedly identified a gap in the market for a digital real estate marketing portal specialising in off-the-plan apartments.
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jchancellor-FAypfDUnLy

Antony Catalano buys Gurner's shrunk $30 million Saint Moritz, St Kilda penthouse

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The Melbourne developer Gurner has revealed the first design details for its proposed Saint Moritz project.
It is its most ambitious project to-date with a $550 million end value.
It will have 120 beachside residences along with venues anchoring the ground level.
The pricing of the residences average $3.5 million.
Gurner is currently amending the exisiting permit for 14 – 16 The Esplanade, St Kilda, to halve the number of apartments from 240 to 120.
“ We believe the luxury end of the market has been waiting for something like this to come along," Tim Gurner said. 
Fender Katsalidis is the lead architect, with Koichi Takada Architects appointed to design one of the three buildings.
The interior designer is David Hicks.
Jack Merlo has been tasked with the landscapes. 
The first of the three buildings, Pacific House, is set to launch mid-year, featuring 45 residences averaging $4 million. 
 <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/2019/1/29/GURN10030_The%20Esplanade_IN26_BLD%20A_Penthouse_Bay%20View.jpg" alt="">
The $30 million penthouse that sits atop Pacific House will offer 650sqm of internal space along with a substantial 175sqm terrace with private pool, six bedrooms, a seven car private garage with direct access lift, four living rooms, in-home sauna and gym. 
The double-storey penthouse will have a cascading two-storey water feature surrounded by marble-clad walls, a solid Nero Marquina bathtub with 180 degree water views, another internal pool that submerges into the rooms below - complete with transparent glass that can be viewed from the lower level - a floating fireplace and a 1000-bottle, temperature-controlled wine cellar, accessible via a sculptural spiral staircase.  
Tim Gurner is confident they will achieve a Melbourne record.  
“We initially designed the penthouse with a floorplan of over 1,300sqm and an even bigger price-tag however the early feedback we have received from our local and international clientele was that a penthouse of this size would be too big even for them,” he said.
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Gurner will offer a full design customisation package included within the purchase price. 
"The service will allow purchasers to work directly with David Hicks and Tim Gurner to create interior spaces that are only limited by one’s imagination – bowling alleys, infra-red sauna and steam-rooms, cigar rooms, poker rooms, art galleries or perhaps even sound-proofed home offices or recording studios," said Gurner. 
“Literally anything is possible at Saint Moritz,” he said.
The 120 private residences encompassing two, three bedroom, four, five and six bedroom offerings, comes with prices ranging from $1.4 million to $30 million-plus. 
The project is currently taking registrations of interest with sales to launch in mid 2019. 
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j.ballantyne1990-6AQqhLzZaK

Gurner's Saint Moritz, St Kilda will offer full design customisation

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A penthouse is for sale in St Kilda with headline grabbing $40 million hopes in the luxury redevelopment of the Novotel hotel.
The Melbourne property developer Tim Gurner has the high hopes in his $580 million, three building project.
The seven bedroom, 1000-square-metre penthouse will include a 10-car garage.
There'll be two pools, guest quarters, gym, sauna, wine cellar and cigar room.
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<div class="__domain_group_fe_co_wp_listing_recommendation_experiments___2_0_0" data-renderizr-id="fe-co-wp-listing-recommendation-experiments_1">Domain advised the final price for the penthouse "has not been set but is expected to be between $30 million and $40 million."</div>
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<div class="__domain_group_fe_co_wp_listing_recommendation_experiments___2_0_0" data-renderizr-id="fe-co-wp-listing-recommendation-experiments_1">Infact Property Observer understands planning documentation is not yet complete.</div>
<div class="__domain_group_fe_co_wp_listing_recommendation_experiments___2_0_0" data-renderizr-id="fe-co-wp-listing-recommendation-experiments_1"> </div>
<div class="__domain_group_fe_co_wp_listing_recommendation_experiments___2_0_0" data-renderizr-id="fe-co-wp-listing-recommendation-experiments_1">Gurner had previously signalled hopes that three or four penthouses would sell for up to $30 million.
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Fender Katsalidis will design the residences, alongside Koichi Takada Architects and interior design David Hicks.
Some 70 per cent of the project will be priced from $1.3 million to $4 million.
Gurner tipped the apartments to set a new global benchmark in luxury living.
“My brief to the design team was very simple – to look at the best amenity and service of five and six-star hotels from around the world and then step it up to offer a level of luxury, amenity and service that has never been seen before,” he said.
“St Kilda is undergoing a major revitalisation with a number of significant redevelopments underway that will place it firmly on the map as an international tourist destination, just as LA’s Venice Beach, Sydney’s Bondi Beach and Monaco’s coastline are known around the globe."
Gurner expects it to be sold to a local wealthy buyer.
Another Melbourne penthouse is for sale for $45 million in the new The Muse builidng on the plusher St Kilda Road.
The Melbourne record for an apartment sale was set at $25 million when the penthouse of skyscraper Australia 108 sold off the plan in 2015.
The Novotel development site was pulled from the market the Sydney property developer Greg Shand agreed a deal with Mr Gurner to develop the site.
The Novotel will operate as usual until building works begin.
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$40 million aspirations for Gurner's St Kilda Novotel penthouse

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St Kilda's landmark Esplanade Hotel or "The Espy" - as it is affectionately known - is reopening its doors following an extensive two year refurbishment undertaken by owners Sandhill Road and long time collaborators, Technē Architecture + Interior Design. The 140 year-old icon has been reborn via a design strategy which celebrates the story of the landmark venue and its rich layers of history.

First built in 1878, The Espy has experienced a number of alterations and additions over the years - namely in the 1920's and 1970's - before being acquired by Carlton and United Breweries in 1995 and then by Becton Corporation in 1997.  Becton sought to develop a 35-storey residential tower on the site, which was eventually scaled back to a more modest seven-storeys following strong community opposition. 

<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/espy201801-010.jpg" rel="gallery-all" title="Technē's design uncovers and celebrates the Espy's layers of history. Image: Supplied"><img alt="" class="image-article-full-width-580px" height="387" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/espy201801-010.jpg?itok=99TyVLpR" title="Technē's design uncovers and celebrates the Espy's layers of history. Image: Supplied" width="580"></a></figure>The Espy, represents Technē’s largest and most complex hospitality undertaking to date, and is 50 per cent larger than <a href="/news/garden-state-hotel-previously-known-as-rosati">Garden State Hotel</a>, which Technē also worked on with Sand Hill Road. Technē's design strategy reflects Sand Hill Road’s vision for the venue; highlighting the different eras across 12 bars, two restaurants and a variety of discrete spaces totalling 3,000 sqm which can accommodate up to 1,780 patrons.

Since day one, The Espy has been a Victorian-era seaside resort and the hotel home to notable personalities such as entrepreneur, art collector and philanthropist Alfred Felton. It’s been a jazz-era ballroom and a rock and roll mainstay from the 1990s until 2015 when it closed for renovation.

Technē's design features three different spaces capable of accommodating a range of performances from intimate jazz or stand-up comedy to rock bands drawing big crowds in the Gershwin Room - a space which Technē has left largely untouched. 
The Espy further celebrates its musical heritage with vintage rock posters on display throughout the building, sourced from the venue’s archives. The renovations have also opened up and activated the Espy's second level, expanding the public offering from two levels to four. An operable glass roof has been provided over the famous terrace entrance and highlights the grand stairway that connects the building’s different levels.

On the ground floor, the foyer’s grand arch windows provide a visual connection through to the Main Bar and to a cellar door-inspired dining area, complete with wine barrels filling the walls, and kitchen beyond. The former Espy kitchen has been re-imagined as a public bar featuring traditional curved oak detailing.

<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/espy201801-003.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="387" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/espy201801-003.jpg?itok=MgDHIAnj" width="580"></a></figure>Cantonese restaurant Mya Tiger is located on the first floor and draws inspiration from the famous Raffles Hotel in Singapore, providing patrons with views of Port Phillip Bay in addition to the activity on the terrace below. Felton’s spirit of art collecting and as a host of salons for the creative community informs the Technē design response on the second floor. 
Other areas include a small mezzanine-level function room and the 1950s inspired Studio Bar on the ground floor, a space that patrons can book to record podcasts, providing what Technē term “a slightly more modern character” compared to some of the venue’s other restored spaces, with diner-style booths and ’50s-style wood panelling. (As an aside, Apartments.com.au is looking at recording an episode of our <a href="/guides">podcast</a> with Technē in the space.)

A series of hand-painted, period-style murals by Perth artist Desmond Sweeney (8 Foot Walls) provide a unique design feature, with one occupying an entire eight metre wall in the the Green Room.

Technē worked closely with Sand Hill Road stylist Eleisha Gray on conceiving the interior design and decor of the reborn Espy, curating a selection of imported furniture and decorative objects in keeping with the overall narrative. A tribute to The Espy’s heyday, Technē and Sandhill Road's transformation will ensure the St Kilda landmark remains one of the oldest, largest and most prominent 19th-century hotel resorts still operating in Victoria. 

<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/espy201801-006.jpg" rel="gallery-all"><img alt="" class="image-article-full-width-580px" height="387" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/espy201801-006.jpg?itok=FIkHqeiE" width="580"></a></figure>In addition to The Espy redevelopment, a host of other projects such as the recently completed Gatwick Hotel redevelopment as part of The Block TV series, and the <a href="/developments/st-kilda-vic-3182">Victorian Pride Centre</a> are breathing new life into <a href="/developments/st-kilda-vic-3182">St Kilda</a>. A snapshot of the the area's development pipeline is captured below.

<iframe frameborder="0" height="420px" src="https://www.urban.com.au/developments/st-kilda-vic?embeddable=map" width="100%"></iframe>

<h2>What they say...</h2>

<blockquote>
There’s something about this Hotel that captures the imagination like no other.

These are the things we determined to keep at the forefront of our minds as we conceived the look, feel and spaces of the new Espy – age, grandeur, history, arts – and respect for what it took to keep her alive all these years.

- Matt Mullins, Sand Hill Road director 
</blockquote>

 

<blockquote>
There is no other hotel or food and beverage project in the city that is as big and complex as The Espy. Working with a building with such an interesting history has extended our entire working process.

The design is unique because it focuses entirely on historical layering. Different eras and styles call to each other across the spaces – making for an eclectic customer exploration – and this is united throughout by exposing the good bones of the original building.

In a design sense, the glass roof allows the old building to be viewed as it was before the art deco bay window extension was added to it. There's that element of Victorian grandeur that is coming back into the ground level foyer and elsewhere.

Alfred Felton’s ghost benevolently haunts the rooms on the second level. His story is more clearly explained than it has ever been and the renovation opens up spaces to the public that have not been seen since the early 20th century when they became boarding rooms.

We imagined this level as a Victorian parlour with small rooms, small bars filled with curios and little art works. There is a library and a salon – one of the spaces is called The Pharmacy because Alfred Felton made his money in part as a manufacturing chemist.

- Justin Northrop, Technē Director
</blockquote>

 

<blockquote>
People have a real connection to the Gershwin Room. We’ve refreshed the bar but wanted to make sure the whole space still feels recognisable. Our design concentrates on the building’s heritage and does not aim for a contemporary makeover.

We hope it will be hard to tell which sections are original details and which things have been recreated. This approach is new for us and also it’s also largely new in Melbourne; it’s more familiar in Europe where this architectural tradition is much older.

- Nick Travers, Technē Director 
</blockquote>

All images supplied by Technē.
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The Espy - A St Kilda landmark is reborn

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Former St Kilda star Tom Hickey is selling his Hampton East home having just been traded to the reigning Premiers West Coast Eagles for next season.
The single storey home in the heart of Melbourne's bayside cost Hickey $610,000 in 2013, shortly after signing for St Kilda.
He asked for a trade from the Gold Coast suns to be closer to his Melbourne-based girlfriend, now fiancee, Chloe Foreman. 
The home has three bedrooms, two bathrooms and a landscaped rear garden on its 270 sqm Widdop Crescent parcel.
Buxton Hampton East agent Sharon Quick has an $820,000 to $880,000 guide for its November 17 auction.
Hickey had been with the Saints since 2013 when he moved from the Gold Coast Suns where he started his career.
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Tom Hickey lists Melbourne home ahead of West Coast Eagles trade

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The Village Belle Hotel, one of <a href="/new-apartments/st-kilda-vic-3182">St Kilda's</a> enduring landmarks, reopened its doors late last year following extensive renovations with the aim of becoming St Kilda’s destination pub. Beginning as a humble pub in 1895, the historic pub was restored and expanded by <a href="/architects/techne-architecture-interior-design">Technē Architecture + Interior Design</a> and <a href="/builders/schiavello-constructions">Schiavello Construction</a> to bring the <a href="/buildings/village-belle-202-barkly-street-st-kilda">'Belle'</a> into the 21st Century, while maintaining a sense of history. The synergy between old and new balances the Victorian-era heritage fabric with contemporary elements of concrete and glass.

<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/technevillagebelle_highres-10-lr.jpg" rel="gallery-all" title="The indoor/outdoor Bee Garden woth its retractable roof. Images: Supplied"><img alt="" class="image-article-full-width-580px" height="430" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/technevillagebelle_highres-10-lr.jpg?itok=BHAj6kmT" title="The indoor/outdoor Bee Garden woth its retractable roof. Images: Supplied" width="580"></a>

<figcaption>The contemporary indoor/outdoor Beer Garden with its retractable roof. Images: Supplied</figcaption></figure>The centrepiece of the revamp is the indoor/outdoor contemporary beer garden which sits between the original structure and Acland Street, enclosed in fully operable glazing and robust steel framing, providing patrons with a comfortable drinking environment across summer and winter. TILT Industrial Design collaborated with Technē Architecture + Design to produce the custom 200 sqm glass operable roof. The huge operable roof draws ample natural light into the beer garden, while enabling climate control throughout changing weather and seasons.

TILT’s design greatly increased the headroom clearance possible in large, open areas of the garden. This could only be achieved through custom design, by decreasing the roof’s pitch below that of an off-the-shelf product. The TILT team also worked closely with acoustic consultants to develop specific design features that would provide adequate noise reduction for the surrounding residential area. TILT and Technē have retained the heritage building’s character, meanwhile creating a contemporary addition with climatic control that ensures the comfort of patrons.

<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/technevillagebelle_highres-7-lr_2.jpg" rel="gallery-all" title="The retractable roof allows ample light into the Beer Garden. Image: Supplied"><img alt="" class="image-article-full-width-580px" height="387" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/technevillagebelle_highres-7-lr_2.jpg?itok=uvYjyfVn" title="The retractable roof allows ample light into the Beer Garden. Image: Supplied" width="580"></a>

<figcaption>The retractable roof allows ample light into the Beer Garden. Image: Supplied</figcaption></figure>The Village Belle Hotel also includes 12 boutique apartments, though they are separate to and not connected to the pub, providing acoustic separation between the activities within the pub and the apartment residents.
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TILT and Technē shed some light on  the Village Belle Hotel revamp

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The Colonel is coming to St Kilda in time for summer.
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KFC will offer its famous “11 herbs and spices” fried chicken from the prime corner of Carlisle Street and Acland Street after signing a five-year lease over 90 sqm. 
Fitzroys agent James Spencer negotiated the lease, which includes with a five-year option, for <a href="https://www.realcommercial.com.au/property-retail-vic-st+kilda-502467738" target="_blank">70A Acland Street</a> at $80,000 per annum net.
KFC is currently undertaking its fit-out at the base of the apartment complex. Spencer acted on behalf of a local developer.
<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/2018/10/15/kfc2.jpg" alt="">
 
“KFC wanted to capitalise on being in a prime location opposite Luna Park and McDonald’s, the new Palais Theatre, close to St Kilda beach and at the top of the popular retail and nightlife precinct of Acland Street,” Spencer said. 
“The recent conversion of Acland Street into Melbourne’s newest pedestrian mall made this property a sought-after prospect. 
"It has enhanced the vibrancy of the strip, which remains a popular tourist destination for interstate and overseas travellers, as well as Melburnians, and brought an added buzz to its thriving food and beverage and nightlife offering.” 
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jrobinson-rf4aSBido9

KFC headed for St Kilda's cosmopolitan Acland Street

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Retired St Kilda AFL star Leigh Montagna and wife Erinn are selling their smartly renovated Malvern investment.
The 34 year old two time All-Australian paid $560,000 for the 1905 Edwardian in 2005.
It was a project for the couple who renovated around four years ago.
<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/2018/10/8/mont2.jpg" alt="">
Set on 400 sqm, the single level home comprises three bedrooms, two bathrooms and a wrap-around deck opening from the living room.
In 2016 after its renovation it became an $800 a week rental.
Kay &amp; Burton South Yarra agents Darren Lewenberg and Grant Samuel are marketing the Johnstone Street home for an October 27 auction with a guide of $1.6 million to $1.76 million.
Montagna told the Herald Sun he bought the home after getting his second contract at St Kilda.
"You get your second contract and think, ‘it’s time to start being sensible’."
“It was an old, rundown Edwardian-style house, but I just wanted to get into a blue-chip suburb. It was the worst home in the best street.”
<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/2018/10/8/mont3.jpg" alt="">
The street record came two doors down when a renovated 1920s home fetched $3.4 million in 2016.
The Albert Park-based Montagna is now in the media working with Fox Footy and Triple M.
He said the family are going to need to upsize in Albert Park at some point, suggesting it will be too hard to leave the area.
This article was first published in the Weekend Australian. 
 
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