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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Former Home And Away actor Cameron Welsh and his partner, TV producer Julie McGauran, have made the move from Coogee to Clovelly.
They have paid $4.4 million for an 1890s grand Victorian residence that has been extensively renovated since trading for $2.37 million in 2014.
They are upgrading from their renovated 1920s Coogee home, which sold for $2.62 million.
McGuaran had been based in Coogee since 2005 when she paid $798,000, not long before she left her role as series producer of Home And Away.
This article was first published in the Saturday Daily Telegraph. 
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firstname1-iYD4UYzvBa

Former Home And Away actor and producer couple trade in Coogee for Clovelly

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Commonwealth Bank executive George Confos, who looks after business and corporate finance, and his wife Shelley have bought in Darling Point.
They purchased the $6.8 million three-level home of Steve Duchen and his wife Polly, who extensively renovated after paying $4.55 million in 2013.
The Duchens bought it from former Sydney Turf Club and Racing NSW chairman Alan Brown and wife Belinda.
Duchen has purchased an Omnia penthouse at Kings Cross for $15.8 million.
George and Shelley Confos sold up in Bellevue Hill this year for $7.3 million. 
This article first appeared in The Daily Telegraph. 
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CBA executive George Confos buys in Darling Point

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Like many young Sydneysiders, former Miss World Australia Erin Holland has bought an investment in Brisbane.
The sports presenter spent $745,000 on her Cannon Hill first home buy.
The rentvestor secured a classic elevated four-bedroom Queenslander home, held by the same family for over four decades.
“Pinch me, hard work truly pays off,” Holland posted to her 314,000 Instagram followers. “Four years ago this was just a distant dream.”
It has been quite a year for Holland, who is now engaged to Brisbane Heat cricketer Ben Cutting.
She’s been splitting her time between a Zetland rental and Cannon’s home in Hawthorne, which cost him $965,000 six years ago.
Cutting has been an active investor recently, selling his Cannon Hill new-build for $1.06 million having paid $530,000 two years ago for the building block.
Cutting’s business, Deep Backward Square Developments, is a nod to his fielding position, while Holland’s acquisition is on aptly named Princess Street.
This article first appeared in The Sunday Telegraph. 
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Former Miss World Australia Erin Holland buys Brisbane investment

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Actors Marta Dusseldorp and Ben Winspear, busy with plans to launch a theatre company in Hobart, are seeking tenants for their charming Paddington terrace.
They called the historic Paddington terrace home for four years, having paid $2,125,000 in 2013 when upgrading from their 1895 Leichhardt home.
Dusseldorp is best known for her role in A Place To Call Home, while Winspear starred in the Underbelly: Badness series.
Their Paddington terrace first became available for lease in 2017 when they ­quietly made the move to their $1.1 million Tasmanian acquisition with Derwent River views.
<img src="https://www.urban.com.au/images/2019/10/8/Tassie.JPG" alt="">
At the time the gossip magazines had them heading to Hollywood, but rather it was back to Hobart for Winspear, who’d moved to the mainland in 1995 after winning a place at National Institute of Dramatic Art.
The Paddington Street terrace is now back up for lease at $1700 a week, the same asking rental they sought two years ago. The four-bedroom terrace with high ceilings, ornate cornices and kauri floors features three original marble fireplaces.
It is being offered through Phillips Pantzer Donnelly property manager Ferhat Akin.
Four-bedroom Paddington rentals have a $1550 ­median, according to realestate.com.au, based on 66 lettings over the past year.
The couple have recently formed Archipelago Productions, with plans for a play inspired by Marta’s friend Favel Parrett’s novel Past The Shallows, set in southern Tasmania.
“I believe theatre made here can be as good as anywhere in the world,” Dusseldorp told The Hobart Mercury.
Having optioned the book, Archipelago and the Sydney Theatre Company have commissioned playwright Julian Larnach to prepare it for the stage.
For a month next February, Dusseldorp returns in the STC’s season-opener Deep Blue Sea, Terence Rattigan’s 1952 classic, where she takes on the Hester Collier role.
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Hobart based actors Marta Dusseldorp and Ben Winspear seek Paddington tenants

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A West Perth apartment owned by the late billionaire businessman Stan Perron and wife Jean has been listed for sale.
The couple paid $8.6 million for the 340 square metre apartment in the Miama complex in 2010.
The level-four apartment on Kings Park has three ensuited bedrooms, a home office and a temperature-controlled wine cellar.
It is just one of five full-floor apartments in the 2000-built complex on Bellevue Terrace.
Dempsey Real Estate agent Mal Dempsey is marketing the apartment.
Last year the apartment below fetched $8 million.
Perron, who was the founder and chairman of property and car distributor behemoth Perron Group, died late last year.
His net worth was estimated to be $4 billion.
This article first appeared in The Weekend Australian.
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West Perth apartment of the late billionaire businessman Stan Perron listed

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Arts lover Paris Neilson has listed her stunningly renovated Millers Point terrace as she now calls an $11.8 million Balmain East waterfront property her home with husband Todd Buncombe.
The daughter of Kerr and Judith Neilson bought the Georgian-style Lower Fort Street terrace for $2,115,000 in 2011, early in the sell-off that saw 190 NSW housing department properties sold, with the $608 million spent on social housing elsewhere.
The four-storey, 1850s London-style corner terrace was modernised by Design5Architects after the restoration, which included its floor-to-ceiling sash windows.
McGrath Millers Point agents Richard Shalhoub and Andrew Stewart have the listing.
This article first appeared in The Sunday Telegraph. 
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Paris Neilson lists Millers Point renovation

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Arts lover Paris Neilson has sold her renovated Millers Point terrace at an undisclosed price, but believed to be around $6 million.
The daughter of Kerr and Judith Neilson bought the Georgian-style Lower Fort St terrace for $2,115,000 in 2011.
The four-storey, 1850s London-style corner terrace was then lavishly modernised by Design5Architects.
McGrath Millers Point agents Richard Shalhoub and Andrew Stewart secured the sale after two months.
The lack of car parking was always going to be the issue for a sales success.
Neilson and husband Todd Buncombe now call an $11.8 million Balmain East waterfront property home.
This article was first published in the Saturday Daily Telegraph. 
 
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Paris Neilson sells Millers Point renovation

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Former Socceroo turned property developer Jason Culina and his interior designer wife Terri are selling a Lindfield project they haven’t quite got around to doing.
They’re listing the property, which they bought for $2.35 million last year, along with plans for a modern five-bedroom home with a pool, cabanas — and even a soccer field.
A five-bedroom 1920s home currently sits on the 1355 square metre parcel of land.
Stone Real Estate Lindfield agent Steven Kourdis has a guide of $2.5 million for the October 25 auction.
Culina, who played 58 games for the Socceroos including the 2006 and 2010 World Cups, has previously carried out a couple of projects in Putney.
Jason and Terri renovated their 200-year-old colonial mansion Denham Court in 2012, having paid $1.2 million, and selling two years later for $1,725,000.
The proceeds took them to Putney, where they spent $1.77 million on a Victorian-style, five-bedroom home. They renovated it and sold it for $3.48 million in 2017.
Culina began his football career at Sydney United under his father Branko Culina, then spent nine years in Europe before returning to Australia.
After retiring in 2013, he and Terri founded property staging and styling website 80 Spaces, then the Culina Design Group. 
This article first appeared in The Daily Telegraph.
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Former Socceroo Jason Culina lists Lindfield project

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Saul Shtein, the departing head of sport at Channel 7, and his wife Deborah, have sold in Castle Cove for $3.35 million.
The couple have spent $3.25 million on a whole floor, three-bedroom garden apartment through estate agent Paul Biller.
The settlement and downsizing to Rose Bay came the same week Shtein lost his job through redundancy.
The Shteins had been at their Castle Cove residence for two decades, having paid $1,225,000 for a 1930s home in 1999.
Stein brought MTV to Australia but is best known as Seven’s head of sport for 15 years.
This article first appeared in The Daily Telegraph.
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Former Seven head of sport Saul Shtein heads east

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Former ABC chairman Justin Milne and Anna Cicognani have sold Erinagh, their Rozelle home for $4,975,000.
It came with a $5.19 million asking price after it was pulled from August auction.
The original late 1800s farmhouse and period cottage, which the couple joined together over their near two-decade ownership, had been heading to auction with a guide of $4.8 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/2019/7/31/milne%20rozelle%202.jpg">
They paid $1.15 million in 2000. Cobden &amp; Hayson Balmain agents Danny Cobden and Samantha Elvy had the listing.
The couple own an investment property across the road.
The couple plan to spend more time in the Southern Highlands where they have spent $5.1 million on a 37 hectare cattle farm at Kangaloon with a homestead designed by Richard Rowe.
A five-bedroom home held the previous $4.1 million record at 23 Margaret Street when sold in January 2018.
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