An entity directed by HSN's Rafi Assouline and Rebel Property's Allen Linz has filed plans for an impressive new precinct in Woolloomooloo.

The major mixed-use development would transform a prominent William Street site into a new residential village anchored by affordable housing and a large public park.

The proposal, submitted as a State Significant Development Application, covers 164-172 and 174-194 William Street, a 6,398 sqm site between Forbes Street and Dowling Street on the southern edge of Woolloomooloo.

Designed by fjcstudio in collaboration with Bangawarra, Studio Bright and Tribe Studio Architects, the scheme would deliver 227 apartments across four residential buildings ranging in height up to 18 storeys, alongside retail space, public domain improvements and a new publicly accessible park.

<img alt="Rebel" data-entity-type="file" data-entity-uuid="0eb59b7c-914a-4a5c-b849-3a56749f5e93" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-12%20at%2011.18.51%E2%80%AFAM.png?VersionId=mxM6EEqeoLjrCiTlCzTKTvzpKuh6kSkH" />

It's another design scheme for Rebel, who took <a href="https://www.apartments.com.au/news/nsw/first-look-rebel-property-group-takes-woolloomooloo-precinct-to-nsw-government">concept plans to the NSW Gov late last year</a>.

The latest plans will be a mix of 167 build-to-sell apartments and 60 affordable apartments, with the affordable housing component representing 15 per cent of the project's gross floor area. The apartment mix includes 12 one-bedroom, 53 two-bedroom, 89 three-bedroom apartments and 13 penthouses, while the affordable housing component would comprise 42 one-bedroom and 18 two-bedroom apartments.

<img alt="Rebel" data-entity-type="file" data-entity-uuid="3b3d4553-8a8c-4af5-aa8c-519ffb1e28c6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-12%20at%2011.20.12%E2%80%AFAM.png?VersionId=_Yb6ibN7eDnOtQjCNDK2eviORa4qzgv." />

Rebel Property is seeking to take advantage of the NSW Government's infill affordable housing bonus provisions under the Housing SEPP, which provide additional floor space and height in exchange for the delivery of affordable housing for a minimum of 15 years. The planning pathway allows a 30 per cent increase in floor space ratio and building height where 15 per cent of the development is dedicated to affordable housing.

&nbsp;

At the centre of the development is a 1,356 sqm sunlit public park designed to become a new community gathering space at the gateway to Woolloomooloo. The park would be complemented by a network of pedestrian laneways connecting William Street with the surrounding streets, improving permeability through what is currently a largely impermeable block.

<img alt="Rebel" data-entity-type="file" data-entity-uuid="257af931-a393-4007-8c6d-7219796df58d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-12%20at%2011.20.51%E2%80%AFAM.png?VersionId=KAHy94GrhaReFsWTGDKfy39EDJ8gEEv4" />

The design team says the public domain has been heavily influenced by the site's topography and Aboriginal cultural heritage, drawing on the escarpments, gullies and landscape characteristics that historically defined the area before urbanisation. The landscape design has been developed in partnership with First Nations consultancy Bangawarra.

The project would be delivered across four separate buildings. The William Street East and William Street West buildings, designed by fjcstudio, would contain the majority of the apartments. Melbourne-based Studio Bright has designed the Forbes Street building, while Tribe Studio Architects is responsible for the Dowling Street building.

Rebel had secured approval for the concept plans late last year.

Joel Robinson

First look: HSN, Rebel, advances Woolloomooloo precinct plans

A locally heritage-listed furniture showroom on Water Street is set to become the centrepiece of a new mixed-use residential development as local developer&nbsp;<a href="https://www.apartments.com.au/developers/keylin-group">Keylin</a> seeks approval for <a href="https://www.apartments.com.au/new-apartments/lotus-on-water-street-290-water-street-fortitude-valley-qld-4006">Lotus on Water Street</a>, a 15-storey project on the Fortitude Valley side of Spring Hill.

The proposal spans 290 Water Street and 137-141 Warry Street, combining several properties into a 2,869 sqm site that sits between Fortitude Valley, Spring Hill and the rapidly evolving Victoria Park precinct. Keylin's plans would deliver 132 apartments alongside new retail, hospitality and commercial space, while retaining and repurposing the historic Brunswick Home Furnishers Showroom that fronts Water Street.

Designed by <a href="https://www.apartments.com.au/architects/jackson-teece">Jackson Teece</a>, Lotus on Water Street comprises a 12-storey residential tower rising above a three-storey podium and communal rooftop terrace. The development includes 76 apartments classified as multiple dwellings and a further 56 units proposed as short-term accommodation, designed to be flexibly used as either accommodation or permanent residences. The apartment mix comprises six one-bedroom, 54 two-bedroom and 16 three-bedroom homes.

<img alt="First look: Keylin unveils heritage-led Lotus on Water Street tower in Fortitude Valley" data-entity-type="file" data-entity-uuid="9822bb79-6c49-49c9-95ba-319e8c8d81c3" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/fortitude%20valley%20front.png?VersionId=ioW8zbN4UVebbLetTFuv92t.HkdgfR5e" />

Residents would have access to an extensive rooftop recreation level spanning more than 1,200 sqm of communal open space. Plans include a pool, gym, sauna, infrared sauna, yoga area, library, private dining room, barbecue facilities and landscaped entertainment spaces, making the rooftop the project's largest shared amenity offering.

At street level, the proposal focuses on the adaptive reuse of the heritage buildings along Water Street, where 518 sqm of retail and commercial space is planned across shop, office and food and drink outlet uses. A permeable residential lobby would be positioned between the retained heritage buildings, creating a pedestrian connection between the historic streetscape and the new tower behind.

<img alt="First look: Keylin unveils heritage-led Lotus on Water Street tower in Fortitude Valley" data-entity-type="file" data-entity-uuid="269cf3e0-7d13-48bf-a318-05a00deb5c10" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/fortitude%20valley%20podium.png?VersionId=DLXmTCLsp6GOcLpQ0h.0z7wKCw59EhN_" />

The heritage retention strategy is central to the scheme. The development application notes that the Brunswick Home Furnishers Showroom and adjoining heritage buildings will remain, with only non-significant structures on the site earmarked for removal under a previously issued Heritage Exemption Certificate. Levels one and two of the new podium are recessed behind the heritage façades to maintain their prominence within the streetscape.

Jackson Teece has drawn inspiration from the site's manufacturing history when designing the podium. The planning documents state that the façade incorporates perforated metal screening that references the woven and rattan furniture historically produced on the site. Cascading and climbing plants are integrated throughout the podium to soften the building's presentation and screen parking levels behind. The landscape strategy also informs the project's name, Lotus on Water Street, drawing on the historic Spring Hollow waterholes that once ran through Spring Hill and the blue water lilies associated with Meeanjin, Brisbane's traditional name.

The proposal also incorporates the neighbouring property at 141 Warry Street, currently occupied by a healthcare service. The existing building would remain, with nine dedicated parking spaces allocated within the new development to support its ongoing operation. In total, Lotus on Water Street proposes 117 car spaces, including 110 resident spaces and seven visitor bays, alongside 100 bicycle spaces.

<img alt="First look: Keylin unveils heritage-led Lotus on Water Street tower in Fortitude Valley" data-entity-type="file" data-entity-uuid="70cf07bc-4fd8-4e70-92dd-be8b21c4e4f0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/fortitude%20valley%20site.png?VersionId=txlxrJImM0Sm_vTzHVKh5DDUkyL_CiiA" />

The site sits within the Spring Hill East Precinct of the Spring Hill Neighbourhood Plan and is positioned around 650 metres from both Fortitude Valley Station and Exhibition Station. It is also within walking distance of the King Street precinct, Royal Brisbane and Women's Hospital, Herston Quarter and Victoria Park, which is earmarked to become a major venue precinct ahead of the Brisbane 2032 Olympic and Paralympic Games.

Planning documents describe the location as a key gateway between Spring Hill and Fortitude Valley and highlight the area's increasing importance as new transport infrastructure and Olympic-related investment reshape Brisbane's inner north. The development team argues the project will contribute additional housing supply while activating a section of Water Street that has historically received less investment than other parts of the Valley.

Keylin has become increasingly active across Brisbane and southeast Queensland, assembling sites in strategic inner-city locations. They are currently selling and delivering <a href="https://www.apartments.com.au/new-apartments/oria-spring-hill-447-gregory-terrace-spring-hill-qld-4000">Oria Spring Hill</a>, just over 140 apartments due for completion in 2027.

Keylin plans heritage-led Lotus on Water Street apartment development in Fortitude Valley

Roseville is poised for a wave of new apartment development following the NSW Government's rezoning of land around Roseville Station under its Transport Oriented Development program.

The new planning controls have unlocked significant development potential within walking distance of the station, with a number of sites expected to be amalgamated and redeveloped in the coming years as developers seek to take advantage of the increased density allowances.

One of the more restrained developments in the precinct, and set among the first to be delivered having commenced well before the recent changes, is Hyecorp's Juliet. The boutique apartment project is already well under construction and remains on track to welcome residents by the end of the year, offering a markedly different proposition to many of the larger-scale developments now likely to emerge across the suburb.

[smartcode_project:default project_id=7395 project_image_fid=278194]

<a href="https://www.apartments.com.au/new-apartments/juliet-roseville-64-pacific-highway-roseville-nsw-2069">Juliet</a> will comprise just&nbsp;34 one-, two-, and three-bedroom apartments opposite Roseville Station. For Hyecorp, which has delivered projects across Sydney's Lower North Shore for more than three decades, Roseville presented a rare opportunity to address a growing gap in the market.

"<a href="https://www.apartments.com.au/developments/roseville-nsw-2069">Roseville</a> has long been one of the North Shore's most tightly held and desirable suburbs, offering a unique combination of village charm, established greenery, excellent transport connections, and proximity to some of Sydney's best schools and lifestyle amenities," Hyecorp said.

"We recognised a growing demand from local homeowners seeking to downsize without leaving the community they have built their lives around. The location presented a rare opportunity to create homes that cater specifically to that buyer profile."

[smartcode_project:default project_id=7395 project_image_fid=278196]

The six-level development has been designed by <a href="https://www.apartments.com.au/architects/pbd-architects">PBD Architects</a> as a collection of residences that feel more like homes than apartments. The brief centred generous floorplans, abundant natural light, quality finishes, and strong connections to outdoor space.

PBD Architects drew inspiration from Roseville's established garden suburb character, creating a building that sits comfortably within its surroundings rather than dominating them. The architecture incorporates natural materials, soft forms, layered landscaping, expansive balconies, and generous setbacks to strengthen the connection between residents and the suburb's leafy environment.

"The focus was on designing spacious, house-like residences for discerning owner-occupiers and downsizers who wanted to remain on the North Shore without compromising on comfort, privacy, or design," PBD said.&nbsp;

"Every apartment was to feel considered, timeless, and highly functional."

[smartcode_project:default project_id=7395 project_image_fid=278195]

Inside, residences feature engineered timber flooring, stone kitchen benchtops and splashbacks, integrated Fisher &amp; Paykel appliances, ducted air conditioning, and large outdoor entertaining areas designed to take advantage of district and treetop views.

Residents will also have access to a rooftop barbecue and lounge area, alongside practical amenities including parcel lockers, EV charging capability, bicycle storage, a dog wash bay, and a basement car wash facility.

The majority of purchasers so far have been local owner-occupiers from Roseville, Lindfield, Chatswood, Killara, and the broader Upper North Shore, many of whom are transitioning from larger family homes.

"Buyers are looking for spacious, house-like apartments that allow them to downsize without feeling like they are sacrificing comfort or functionality," Hyecorp noted.

"They value large kitchens, generous living areas, ample storage, quality finishes, secure parking, lift access, and low-maintenance living."

[smartcode_project:default project_id=7395 project_image_fid=278204]

Juliet sits directly opposite Roseville Train Station and within walking distance of Roseville Village, while Chatswood's retail and dining precinct is only minutes away. The development is also surrounded by some of Sydney's most established schools, including Roseville College, Ravenswood, Pymble Ladies' College, and Knox Grammar, as well as nearby parklands and golf courses.

Juliet is currently more than 75 per cent sold ahead of its anticipated completion in late 2026.

[smartcode_project_cta:default project_id=7395]

Juliet to sit quietly amid Roseville apartment boom

Sherpa Property Group has unveiled the third instalment of its Flourish series, securing full approval for the two-tower, $500 million Flourish Soleira development in Palm Beach.

<a href="https://www.apartments.com.au/new-apartments/flourish-soleira-1150-1154-gold-coast-highway-palm-beach-qld-4221">Flourish Soleira</a> will rise from a prominent site in the commercial heart of Palm Beach, the long-time home of Cash Converters and a range of local retailers.

The project will introduce a new retail and dining precinct at ground level, beneath 286 apartments.

[smartcode_project:default project_id=150017 project_image_fid=370959]

“We’re very committed to not only providing affordable residential offerings that are much needed in Palm Beach, but also delivering a vibrant new commercial heart that complements the extraordinary growth of the southern Gold Coast,” Sherpa Property Group founder Christie Leet said.

The development will sit under Sherpa's Flourish brand, which is aimed at providing a pathway into the beachside suburb for locals, first-home buyers and downsizers. In a move designed to assist first-home buyers entering the market, Sherpa has reserved all one and two-bedroom, one-bathroom apartments exclusively for eligible first-home buyers.

[smartcode_project:default project_id=150017 project_image_fid=370964]

“Our vision through Flourish is to create a vibrant retail and lifestyle focal point within the Palm Beach centre zone, delivering thriving communities underpinned by lifestyle-rich locations,” Leet said.

“So far, Flourish has been an incredible success, and we hope to carry this momentum as we progress the next two Flourish projects in Palm Beach.”

[smartcode_project:default project_id=150017 project_image_fid=371430]

Located across 1150-1164 Gold Coast Highway and 3 Sixth Avenue, the development will comprise two towers. The northern tower will deliver 154 apartments, while the southern tower will add a further 132 residences, helping address ongoing demand for new apartments in the tightly held coastal suburb.

Flourish Soleira will also feature the most extensive rooftop amenity offering ever delivered in Palm Beach.

The two towers will be connected by a skybridge, with residents gaining access to a rooftop recreation deck featuring a full-width swimming pool, hot and cold plunge pools, wellness spaces, a gymnasium, private dining facilities, massage treatment rooms, barbecue areas, a basketball court, golf simulator, indoor and outdoor dining spaces, sun lounges and extensive landscaping.

LPS Group is expected to start construction later this year.

Sherpa is already well advanced on construction of its debut Flourish project, Flourish Amargo, located just around the corner from Soleira. Meanwhile, Flourish Oasis, positioned opposite Amargo, recently commenced construction and has nearly sold out its collection of 47 apartments.

[smartcode_project_cta:default project_id=150017]

Sherpa unveils $500m mixed-use Palm Beach precinct, Flourish Soleira

Are mortgage holders set to get a reprieve from the RBA in 2026?

Big Four bank NAB believes so. They are now expecting the next move from the RBA to be a cut, rather than a hike, which they had pencilled in for August. They are unsure of the timing of the cut however, they note in their latest&nbsp;NAB Economics RBA Watch.

NAB Chief Economist, Dr Sally Auld, said recent data suggests the economy has lost momentum and the outlook for rates has shifted, noting that the broader economic backdrop has changed since earlier in the year.

“The next move in the cash rate is likely to be down, but the timing is uncertain," Dr Auld said.

"In February, growth was above trend, the economy was operating above capacity and there was uncertainty over the restrictiveness of rates. None of these conditions exist today,” she outlined.

Dr Auld said recent data pointed to softer momentum across the economy while acknowledging that at the same time, uncertainty remains a key feature of the outlook.

“Both Q1 GDP data and the NAB business survey suggest momentum in the economy has slowed, meaning that growth has likely peaked for the cycle. That said, we are cognisant there is still considerable uncertainty around the outlook, both with respect to activity and inflation.”

Dr Auld said inflation risks and labour market outcomes would be important to watch.

“On the prices side, we are still forecasting above target core inflation through to mid-2027. Margins will compress and weaker labour market outcomes are a risk.”

She said tighter financial conditions are expected to weigh on housing and activity.

“Tighter financial conditions will be reflected in a slowing in house price growth and housing credit growth. In summary, we have greater conviction that the next move in rates is down, but less conviction on the timing.”

Mortgage relief? NAB forecasts RBA rate cut, not hike, after softer economic conditions

Title Tattle

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The recently departed NSW arts minister Don Harwin - who plans to see out his parliamentary days based at his Pearl Beach retreat - has sold his redundant Elizabeth Bay apartment.
It fetched $1,235,000 to the only bidder, who raised his initial $1.2 million offer.
It was put up for sale with the prospect of pocketing $1.2 million.
The apartment’s marketing by LJ Hooker agent David Malouf highlighted it having “views across the sparkling waters of Rushcutters Bay, the marina, park and the harbour foreshore offering an outstanding lifestyle opportunity in a highly sought-after address.”
Harwin noted he had medical ailments that he felt were best recovered on the coast.
The former NSW’s Minister for the Arts will be at home at Pearl Beach.
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firstname1-iYD4UYzvBa

Don Harwin sells Elizabeth Bay apartment for $1,235,000

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Just Cuts founder and CEO Denis McFadden has sold Hickory Hill, his Southern Highlands home for $2,275,000.
McFadden had the Canyonleigh Home custom-built in 2009.
He had resided on the 32 hectare property in the 1900s five bedroom farm house after paying $643,000 for the estate with views out over the cliff of Canyonleigh in 2004.
He moved in to the new home in 2011.
Marketed as a classic bush retreat in rolling paddocks and white gums, the four bedroom home was designed to have views from every room, particularly the internal plunge pool and separate spa which is wrapped in glass walls.
The master suite features a walk in wardrobe and en suite with a shower that has floor to ceiling glass looking out to the bush surrounds.
Built with a focus on thermal design, the home has concrete floors throughout and a double sided fireplace separate the living area and the media room.
Drew Lindsay Bowral agent Sam Lindsay had a $2.5 million guide.
McFadden was a hairdresser in Sydney before moving to London where he opened his first salon in the Marble Arch area at the top of Oxford Street in the 1960s.
He returned to Australia in the late 1970s opening a salon in Sydney before founding Just Cuts in 1990. There are now over 200 Just Cuts across Australia and New Zealand.
The first Just Cuts opened in London earlier last year. 
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Just Cuts founder Denis McFadden sells custom Canyonleigh home

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Runway model Roberta Pecoraro and her boyfriend Jono Friend are set to upsize.
They secured $915,000 for their one bedroom Bellevue Hill apartment they bought for $820,000 in 2018, their first purchase together.
They tidied the kitchen up a touch, but nothing in the way of a major renovation of the top floor apartment in the Art Deco block Reddington.
Now they have their sights set on the beach. Friend has his fashion brand's flagship store, DearFriend, in Bondi, while Roberta's stylist sister Jess also resides near the beach.
Agent Charles Stevens of McGrath Coogee secured the sale.
“We were going off market for the first week and during that time we had someone come through that made an offer of $915,000,” Stevens said of the fact it was initially not marketed. “Then it went live on the market, but they ended up selling to that first person who came through it.
“Essentially, it sold to the first person who came through it in its first week on the market.” 
Pecoraro exploded on the modelling world after a featuring in Australian Fashion Week 2017.
This article first appeared in The Saturday Morning Telegraph.
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Model Roberta Pecoraro and fashion designer boyfriend sells in Bellevue Hill

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Fashion designer turned tourism property entrepreneur Collette Dinnigan has sold her Paddington charmer for $1.7 million.
It was on the market for 80 days after failing to draw any bids at one of the last March onsite auctions before shutdown.
There had been two bidders who declined to go higher than the $1,725,000 vendor bid for the two-bedroom Mary Pl 1850s home.
The BresicWhitney agency negotiated its sale as market confidence bounced back.
The investment was bought in 2017 from her brother, creative director Seamus, who paid $1.08 million in 2015. They retain a Darling Point house, with retreats at Bowral, Milton and a Rosedale Airbnb cottage which burnt down during the bushfires.
Dinnigan and her husband Bradley Cocks, have been in Italy, where they were quarantined in their 500-year-old Puglia farmhouse, but flew back to Sydney last week on Qatar Airways.
“While lockdown has been difficult in many ways, it’s given us time to work on our property, planting vegetables, repairing the dry stone walls, painting, cooking and experiencing a more sustainable, simplistic life which we have loved and don’t want to leave behind when restrictions lift,” Dinnigan noted.
Sydney has 18,000 listings, 30 per cent down on the same time last year. Private treaty vendors typically face a 36-day wait for a sale, with a 3 per cent discount required on asking ­prices, according to CoreLogic.
This article first appeared in The Sunday Telegraph
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Collette Dinnigan sells Paddington investment

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It been just over a year since the move to Byron Bay, and now model Elyse Knowles and her builder boyfriend Josh Barker have splashed out on a 1960s beach house.
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They’ve secured a renovation project, about 10 blocks from the beach in the old town.
It was bought, barely a week into its marketing, for $2.3 million when trading for the first time in 34 years at $65,000.
The tradie’s recently launched J &amp; E Projects will no doubt be hired on the renovation of the two-level, four-bedroom beach house where there’s plenty of tropical garden on the 500sqm block for their two ­Weimaraner dogs Islae and Harlow.
It’s a busy time for J &amp; E Projects which recently helped with the fit-out of Byron’s new Bettys Burgers.
The couple are now much closer to town than their Tallow Beach rental which has been recently listed at $1.8 million, having been bought by their landlord for $1.05 million in 2015.
Knowles, who has been an ­ambassador for Myer, has yet to ­reveal her purchase to her 900,000 Instagram followers.
Byron Bay currently has 75 properties for sale, according to realestate.com.au. Two weeks ago Byron Bay had 73 properties for sale, so no pre-winter spike
The median four-bedroom price has been $1,560,000, reflecting a 2.9 per cent annual rental yield.
Based on five years of sales, Byron Bay has seen a compound growth rate of 8 per cent.
Its rental market has 107 listings, down from 115 available two weeks ago and 117 three weeks ago.
The couple came to prominence with their journey through The Block in 2017 when they won the Channel 9 show after selling their Elsternwick renovation project to comedian Dave Hughes for $3.067 million.
The fully furnished Elsternwick house was recently back up for rent at $2000 a week.
The Block buyers agent regular Frank Valentic had initially estimated in 2017 the prospective rental could be as high as $3000 per week.
This article first appeared in The Sunday Telegraph.
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Model Elyse Knowles buys Byron Bay reno project

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Adam Garcia, the performer who got his break on stage in Tap Dogs in the early 1990s, has decided to list his seventh-floor Carillon, Manly apartment bolthole.
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The star, who now lives in London with wife Nathalia Chubin and their two daughters, is reluctant, but reckons it’s time to find a family home.
The two-bedroom, two-bathroom 159sqm Marshall St apartment had an initial $2.1 million to $2.3 million price guide through Georgi Bates and ­Claudia Merkert at Cunninghams Real Estate.
It has been amended to <a href="https://www.realestate.com.au/property-unit-nsw-manly-133584366" target="_blank">$2.2 million to $2.4 million</a>.
“I’m finding it very hard to let go because it’s where my wife and I got engaged (in 2014) … it was the first place we lived together, and furnished, but one must be pragmatic,” he said.
When back in Manly while ­appearing on the 2013 Dancing With The Stars judging panel, he described the chance to surf, bike ride and swim daily as ­“absolutely joyous”.
It was Hot Shoe Shuffle, with David Atkins and Dein Perry, that took him to London in 1994, with the show becoming his springboard for a successful international acting career.
He had just wrapped a horror film in Los Angeles and was set to be shooting a film in South Africa until the pandemic lockdown. He will appear soon in the Kenneth Branagh-directed Hercule Poirot film Death on the Nile.
“I have two young children and the apartment would be too small for our family needs when we return. We’re looking to buy a family house instead,” he said.
This article first appeared in The Sunday Telegraph.
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Expat actor Adam Garcia lists Manly apartment

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The heiress to some of the Packer fortune Francesca Packer Barham has offloaded her Encore, Elizabeth Bay apartment.
The daughter of Gretel Packer and British financier Nick Barham secured $2.6 million which was $500,000 more than she paid in 2016.
It was sold to local, Alfred Street, who once served on the Bundanon Trust.
She now owns a whole-floor Darlinghurst apartment, Horizon which she bought from the Melbourne-based Julie Graham, wife of eye specialist Dr Glen Fernando, for $15.8 million.
It was a surprise to some Packer family associates as they'd expected the selling agents Knight Frank might have steered her instead to uncle James Packer's apartment project at Barangaroo.
She has now sold both her South Yarra, Melbourne investment properties, the first for $7.6 million in 2017 and earlier this year for $1.54 million.
The fashionista, who has cut back her social media postings to her 310,000 followers, is currently holed up in Horizon isolation.
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Francesca Packer offloads Elizabeth Bay apartment and South Yarra investments

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Greg The Shark Norman is again trying to sell his US ranch retreat, and he's shaved US$15 million ($AUD23 million) off its last price tag.
The Seven Lakes Ranch in Colarado's White River Valley on the Flat Tops Mountains has been a retreat for the Norman's for over two decades, transforming it from a corporate retreat to a family getaway.
Norman visited the area for a client who wanted to build a golf course on his property nearby.
He fell in love with the area and bought Dry Creek, before extending the holding over the years by adding neighbouring properties which included Seven Lakes Lodge, bought from billionaire businessman Henry Kravis.
The grand ranch home, built by logs trucked in from Montana, spans 1,300 sqm and has nine bedrooms and an authentic saloon. 
Norman said he had loved taking in the tranquillity and peace of the Colorado Rockies.
His favourite room inside the ranch is the bar.
Norman has welcomed the late George H.W. Bush stay in their executive cabin, one of seven guest cabins on the 4815 hectare property. 
The listing agents Hall and Hall call the property a true sporting paradise, regarded as one of the finest trophy big game hunting and fishing ranches in Colorado.
The Sharks base is some 2,900 kilometres away in Florida's Jupiter Island, roughly the same distance from Sydney to Cairns.
He's now seeking US$40 million (AUD$62 million), down from the US$55 million (AUD$85 million) he asked in 2017.
2017 was also the year Norman hinted at a potential return to Australia.
When speaking to News Corp he said he would love to live on a vineyard.
"I would love to go back and have a place there," Norman said.
"I would love to have a vineyard.
"I don't know where; I love Margaret River, I lose the Barossa Valley, the Yarra Valley, the Hunter Valley."
His wife however, Sydney interior designer Kirsten Kutner, is a self-declared beach girl.
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Greg The Shark Norman again lists US ranch retreat slashing price tag

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The harbourside home of philanthropist couple Neville and Pamela Burrows has hit the market with an asking price of $3.15 million to $3.465 million.
Boasting four-bedrooms and three-bathrooms, ‘Vue Magnifique’ situates in the beautiful coastal town of Kiama with views overlooking Bombo Beach.
<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/602A4894.jpg" alt="">
The trophy home, located at 23 Pheasant Point Drive, was designed by Bishop, Hitchcock and Irwin Architects and was transformed from a cliff point hideaway into a contemporary home.
The 552 sqm property includes an impressive curved staircase, glass pyramid structures and entertaining areas.
<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/602A4837.jpg" alt="">
Its other features comprise of a central gas fireplace and fourth bedroom turned star-lit media room.
Mr Burrows, a well-known Australian developer and businessman, received an Order of Australia medal in 2010 for his charitable works.
Ray White Kiama director Michele Lay holds the listing.
“The Pheasant Point precinct in Kiama has always been highly sought after because of its proximity to Kiama township, Kiama Harbour, cafes, restaurants, markets. It’s also just 2 hours south of Sydney and 20 minutes south of Albion Park regional airport,” Ms Lay said. 
It is expected that the property will have no shortage of potential buyers.
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Neville Burrows lists Vue Magnifique in Kiama

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Neringah, a 875 ha rural property in New South Wale's rural village Boorowa has hit the market for the first time in 20 years. 
The property has been scheduled to go under the hammer through Ray White agent Chris Malone. 
Malcolm and Raylee Williams bought three properties in the New South Wales Southern Slopes in 2000 and merged the land to create the 875 ha property.
<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/2020/5/18/Copy%20of%20RWR_Neringah_078_Revised.jpg" alt="">
The colonial Georgian homestead was constructed by the Williams with established gardens.
The name Neringah echoes Mr Williams’ idyllic vision for his property and means a place of peace. 
Infrastructure improvements of the property include extensive laneways for trafficking stock, shearing shed, dam and rainwater tanks. 
<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/2020/5/18/Copy%20of%20RWR_Neringah_214_Revised.jpg" alt="">
The property is located about 45 minutes from Cowra and Young and less than four hours from Sydney.
"Neringah has only been on the market for two weeks but already the level of enquiry has been strong," Malone said. 
The auction will be held online on June 12. 
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