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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John Wacker, the Hong Kong-based lawyer, has bought in Brisbane's west.
He's recently settled on a $4.1 million acreage in Brookfield.
The hilltop home, known as Lani Mauna, Hawaiian for “mountain reaching heaven”, had been on the market for over a year.
It was designed by architect Tim Ditchfield with strong references to modern tropical architecture after the one hectare block traded for $1.5 million in 2011.
Built with a no expense spared budget, Lani Mauna has five bedrooms, a library, home office, gym, temperature controlled wine cellar and a 22 metre infinity edged solar heated pool.
Johnston Dixon agent Josephine Johnstone-Rowell sold the home.
Wacker, who has been at Bank of American since 2005, owns a $3.28 million Noosa home.
This article was first published in the Weekend Australian. 
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Bank of America general counsel buys Lani Mauna in Brookfield

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Retired Test cricketer Brendon Julian­, who’s having a few late nights hosting Fox Sports' ICC World Cup coverage, has secured tenants­ for his recently-settled­ Bronte investment apartment.
He was among the buyers in Danny Avidan’s redevelopment of the former Bronte RSL site.
Julian paid $2.5 million for a two-bedroom Macpherson Street apartment off the plan back in October 2016, with settlement occuring only recently after delays in commencement.
He sought out $1500-a-week tenants, reflecting a yield of 3.1%.
The 120 square metre Bronte Place apartment is an investment for Julian and his wife, Suzanne, who have a nearby Bronte residence.
They bought a rundown 1970s home for $5.3 million in 2007, before renovating it into a contemporary home with pool.
Former fashion mogul-turned-property developer Avidan purchased the former Bronte RSL site for $8.8 million in late 2015 from developer Winston Langley.
The sale came with approval­ for 21 apartments at the SJB Architects-designed project.
Avidan then lodged an application to add more residences, which was rejected by Waverley Council and then the NSW Land &amp; Environment Court.
When launched in 2016, prices started at $1.5 million for a one-bedroom with study to more than $2 million for a two-bedroom unit — as well as a penthouse that sold for $4.6 million.
Julian likely wouldn’t have made much if he had flipped the apartment.
The neighbouring two-bedroom unit is up for sale for $2.22 million as unsold developer stock, albeit it is a much smaller and narrower apartment.
This article was first published in the Saturday Daily Telegraph.  
 
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Fox Sports host Brendon Julian settles on new Bronte apartment

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Actor Rachel Griffiths’ longtime home in the outer Los Angeles suburb Encino has quickly gone under offer.
There was a $US1.748 million ($A2.5 million) asking price on the stylish single-storey 1960s home.
<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/2019/7/1/Rachel%20Griffiths%20Encino%201.jpg" alt="">
Griffiths, now back in Australia with her artist husband, Andy Taylor, bought the home in 2005 for $US1.2 million when she was finishing up her role on US TV’s Six Feet Under.
She went on to appear in Brothers &amp; Sisters, which ran until 2011.
The listing is advertised as a “celebrity-owned mid-century modern oasis”.
All rooms have walls of glass, with a step-down living room with fireplace. There’s another sunken conversation nook with fire pit outside amid yellow palo verde trees.
<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/2019/7/1/Rachel%20Griffiths%20Encino%202.jpg" alt="">
The 1961 home blends minimalist and modernist elements in an open floor plan.
The gated residence sits on 1580sqm with a pool.
The now Melbourne-based Griffiths — who sold her Palm Beach, Sydney, retreat in 2014 for $2.25 million in just 10 days — will soon make her directorial feature film debut with Ride Like A Girl, which stars actors Sam Neill and Teresa Palmer, depicting the story of Michelle Payne, the first female jockey to win the Melbourne Cup.
This article was first published in the Saturday Daily Telegraph.
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Actress Rachel Griffiths gets offer on longtime Los Angeles home

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The recently appointed Football Federation Australia board member Joseph Carrozzi secured the weekend sale of Anahata, a Mosman investment property.
The renovated Queen Anne-style Federation home on Myahgah Road fetched more than its $4 million reserve, when offloaded for an undisclosed price, but understood to be $4.55 million.
The home, opposite the Allan Border Oval, attracted five registered bidders compete – with an investor securing the offering.
Carrozzi, the national managing partner at PwC, paid $2.3 million for the property in 2009.
The three-bedroom Queen Anne-style Federation home has a self-contained studio at the rear which has been operated as a healing centre by his wife, Jana, integrating both ayurvedic and western therapies.
It has been relocated to Suakin Drive, Mosman.
Nic and Kingsley Yates had the Myahgah Road listing.
The couple live at a large Clifton Gardens battle-axe.
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Football Federation Australia's Joseph Carrozzi sells Mosman trophy Anahata

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Former Vogue editor-in-chief Jul­iet Ashworth and her business ­partner Rick Whalley have bought a tin shack high in the Byron Bay ­hinterland.
The couple, who run the Sydney-based hotel interior design practice CHADA, snapped up the building opportunity at Eureka for $860,000.
<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/2019/6/25/byron%202.jpg" alt="">
The 1.7 hectare property was on the market for the first time in three ­decades through Scott Harvey Real Estate Brooklet agent Sonia Jervis.
Set adjacent to the picturesque Eureka Anglican Church, the property has views over the hinterland ­including the Nightcap Ranges and Minyon Falls.
<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/2019/6/25/eureka.jpg" alt="">
Jervis, who had an $895,000 ­asking price, advised in the sale ­marketing that it had tourist development potential.
Ashworth would know plenty on that front as she’s an award-winning hotel designer.
She has also been the judge on Channel 7’s Instant Hotel, starring alongside interior designer Laurence Llewelyn-Bowen.
The show, hosted by Luke Jacobz, puts the spotlight on the growing worldwide trend of homeowners renting out their properties as holiday accommodation.
Its second series is set to be aired on Netflix later this month, although one television critic suggested that Instant Hotel presented a fairly banal look at B&amp;Bs.
“It’s basically the televisual equivalent of a three-star Tripadvisor ­review,” the lounge-chair critic said.
Founded in 2000, Ashworth’s ­interior architecture practice specialising in luxury hotels has undertaken 110 projects, most recently the Bangladesh Intercontinental.
Locally the Chippendale-based firm has done Crown Group’s Skye Suites at Infinity, Green Square and the Williams Inglis Hotel at Warwick Farm.
Ashworth has also managed to renovate her Darling Point garden apartment in the Clooncorrick, the 1880s Victorian Gothic mansion that was designed by architect John ­Horbury Hunt.
She paid $2.7 million for the three-bedroom unit in 2014 followed by a $150,000 renovation when the floor plan was reconfigured, turning it into a two-bedroom apartment.
It was 1998 when publishing executive Peter Gaunt appointed the Brighton, UK-born Ashworth to the top job at Conde Nast’s Vogue, ­replacing Marion Hume.
Ashworth departed just nine months later when Gaunt’s replacement, Robyn Holt, appointed Kirstie Clements, in the week prior to the magazine’s 40th birthday party.
This article was first published in the Sunday Telegraph. 
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Former Vogue editor-in-chief Jul­iet Ashworth buys Byron building project

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The buyer of Point Piper’s most expensive sale of 2019 has emerged as 27-year-old Chinese developer Jack Lin.
He paid $12.9 million for the home of Blue River Capital co-chief executive Grant Fuzi and wife Naomi.
The six-bedroom Wolseley Road home was designed by Alex Tzannes and overlooks the boats of Rose Bay.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/6/28/point%20piper%201.jpg" alt="">
Lin made headlines three years ago when, at age 24, he spent $8 million on the Point Piper apartment of former supermodel Kristy Hinze-Clark and her billionaire husband, Netscape founder Jim Clark.
His new purchase is a step up.
This article was first published in the Saturday Daily Telegraph.
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27-year-old Chinese developer buys $12.9 million Point Piper home

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The Bondi Beach investment apartment of former Australian cricket captain Michael Clarke ­returned briefly to the rental market earlier this month.
This time the Campbell Parade apartment came with a reduced $3000 weekly asking rental.
CoreLogic’s tracking of the asking rental price showed it had been offered at $3750 a week earlier this year and at $5000 late last year.
<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/2019/6/28/clarke%201.jpg" alt="">
Bondi Beach rents are down by 5%, with Realestate.com.au executive manager of rent Kul Singh noting changes in rent reflected shifts in supply and ­demand.
There were suggestions Clarke was preparing to list the Cadigal apartment earlier this year, after he was seen welcoming LJ Hooker ­father-son agent duo Bill and David Malouf into the complex.
Clarke, currently commentating on the Cricket World Cup in ­England, bought the 200 square metre, three-bedroom apartment for $6 million in 2009 from his accountant Anthony Bell.
After living there with then-fiancee Lara Bingle, it became an investment in 2011.
Clarke now lives in an $8.5 million Vaucluse home with interior designer wife Kyly and their two children.
This article was first published in the Sunday Telegraph.
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Former Australian cricket captain Michael Clarke drops Bondi Beach rent

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The Darling Point home of Steve Duchen and wife Polly, has finally sold following its auction last September which attracted no bids.
Duchen, who was an internet currency trading pioneer in the mid-1990s, is the buyer of the $14.25 million Omnia, Kings Cross penthouse.
His six-bedroom Darling Point Road mansion (pictured) had initial $8 million hopes, which were adjusted to $6.8 million last month.
The three level home was renovated after being bought in 2013 for $4.55 million from former Racing NSW chairman Alan Brown and wife Belinda.
Duchen is best known for developing the Linnaeus residential estate, outside Byron Bay.
This article was first published in the Sunday Telegraph.
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Rich lister Steve Duchen finally sells Darling Point home, heading to Kings Cross Omnia penthouse

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Interior designer Justine Hugh-Jones has sold her Palm Beach home.
The plantation-style beach home fetched $2.02 million from Justine Cullen, editor of DJ’s fashion magazine Jones, and her producer husband Hayden Guppy.
The 1950s five-bedroom Barrenjoey Rd home was renovated into a whitewashed residence, after paying $1.5 million in 2007. LJ Hooker agent Peter Robinson secured the sale.
Earlier this year Cullen was caught in the property downturn, selling at Avalon for $300,000 less her asking price of $2.1 million — pocketing $1.8 million.
This article was first published in the Saturday Daily Telegraph.
 
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Interior designer Justine Hugh-Jones sells Palm Beach home to Jones magazine editor

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Country music couple Brooke McClymont and Adam Eckersley have sold their Central Coast home, having been based at Mannering Park for a decade.
Since paying $227,000 in 2009, they added a recording studio.
Stone Real Estate Toukley agent Ron Coleman sold the home for $560,000.
The couple are building a home at Wang Wauk some 40 kilometres inland from Tuncurry on a mid north coast farm.
“We are packing everything we can into our Toyota RAV4 as we have bought our very own farm!” McClymont posted to Instagram.
“We are so excited for this new chapter in our lives.”
The couple paid $465,000 for the 40 hectare farm that has been running 18 head of beef cattle.
This article was first published in the Sunday Telegraph.
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