Local developer Harridan is seeking to turn its Woolloongabba apartment project into the first stage of a broader transformation of Burke Street, using a new 16-storey mixed-use building to establish a greener pedestrian connection toward the rapidly evolving Boggo Road transport and knowledge precinct.

The South East Queensland developer has filed plans for 154 apartments on the <a href="https://www.apartments.com.au/new-apartments/4-burke-street-woolloongabba-qld-4102">southern side of Burke Street</a>, where its proposal has been designed alongside a wider vision by LatStudios for the street.

That vision positions the southern side of Burke Street for buildings of 15 storeys and above, while envisaging lower-rise development of up to five storeys on the northern side to transition into Woolloongabba's existing character housing. It also proposes wider pedestrian verges, deep planting, new street trees and upgrades to the pedestrian approach to Boggo Road Station.

The Harridan development itself has been designed by Brisbane-based Arqus Design and will comprise 154 apartments across 16 storeys. The mix is weighted heavily toward two-bedroom apartments, with 121 proposed alongside 10 one-bedroom and 23 three-bedroom residences. There will typically be around 14 units per floor.

A lower-ground car park and three podium levels will accommodate 156 resident parking spaces, along with visitor and commercial parking. There will also be 154 resident bicycle spaces and 40 visitor bicycle parks.

&nbsp;

Harridan is a family-owned developer and part of the Holmwood Highgate Group, with more than three decades of development activity across South East Queensland. Its portfolio spans residential, commercial and industrial property, with current residential projects including Riverbank on Byron in Bulimba, Esperance Residences in Carina and The Precinct at Kinross Road in Thornlands.

Wooloongabba has been popular for apartment developers, particularly since the announcement of the 2032 Summer Olympics games in Brisbane.

While there have been a lot of development applications, it has failed to materialize into real supply.&nbsp;

Sarazin has been the major player in the area. They are under construction at Murcia Residences, on the fringe of East Brisbane and Woolloongabba. They have just launched <a href="https://www.apartments.com.au/new-apartments/the-stanley-residences-woolloongabba-8-trafalgar-street-woolloongabba-qld-4102">The Stanley Residences</a>, in Woolloongabba on Trafalagar Street. They also have Nuage coming soon on the nearby <a href="https://www.apartments.com.au/new-apartments/nuage-woolloongabba-14-wellington-road-woolloongabba-qld-4102">Wellington Road</a>.

Joel Robinson

First look: Harridan plans Burke Street transformation beside Boggo Road transport hub

IN BRIEF

<ul>
	<li>
	Just three double-storey Sky Homes sit at the top of The Waterline, each with its own private marina berth and rooftop terrace.
	</li>
	<li>
	Construction on The Waterline is complete, with the first residents expected to move in from mid-October.
	</li>
	<li>
	Sky Homes range from 282 sqm to 367 sqm and are priced from $3.65 million.
	</li>
</ul>

<hr />
Lewis Land has opened the first completed sky home for inspection at Harbour Shores, giving buyers their first opportunity to step inside one of just three double-storey residences crowning The Waterline.

Each sky home comes with its own private marina berth, rooftop terrace and Broadwater views, combining the scale of a larger home with direct access to the boating lifestyle that underpins the wider <a href="https://www.apartments.com.au/new-apartments/harbour-shores-biggera-waters-564-oxley-drive-biggera-waters-qld-4216">Harbour Shores</a> masterplan.

[smartcode_project:default project_id=113271 project_image_fid=366708]

Lewis Land Head of Development Michael Long said the inclusion of a berth with every Sky Home had become increasingly valuable as marina access across the Gold Coast tightened.

“Marina berths are becoming increasingly difficult to secure across the Gold Coast, so including one with every Sky Home makes this a genuinely rare offering,” Long said.

“The private 70-berth marina will accommodate boats up to 12 metres in length and is positioned just 2.5 kilometres from the Broadwater, placing the open ocean only 15 minutes away.

“Being able to step out of your home onto your boat is a rare luxury, and it’s something residents here can look forward to when it opens later this year.”

[smartcode_project:default project_id=113271 project_image_fid=366709]

The display opening comes as construction completes on The Waterline, with the first residents expected to move in from mid-October.

The three Sky Homes range from 282 sqm to 367 sqm and each feature three bedrooms, three bathrooms, multiple living zones, expansive kitchens with butler's pantries and large balconies taking in the Broadwater outlook.

Each residence also has three secure basement car spaces and additional storage.

“This is the first opportunity the Gold Coast has had to step into Harbour Shores and see, touch and feel what we’re bringing to life here,” Long said.

“There are only three Sky Homes within The Waterline, ranging in size from 282sqm to 367sqm, with each residence featuring three large bedrooms, three bathrooms, multiple living zones, expansive custom-built kitchens with butler’s pantry, and large balconies capturing Broadwater views.”

<img alt="Harbour Shores" data-entity-type="file" data-entity-uuid="bab65e10-4fab-45e1-92d8-fc56e2ab98ff" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-25%20at%202.00.16%E2%80%AFPM.png?VersionId=XT8q76LsPkw3cYTsvN3JfFDaPLud90PN" />

Residents of The Waterline will have access to a private pool, along with Harbour Shores' wider collection of amenity including a lagoon pool, social clubhouse, tennis court, gym, yoga facilities and sauna.

Lewis Land partnered with Studio Collective to furnish the completed display, with the interiors designed to demonstrate how the residences could function as permanent homes rather than simply as show apartments.

Studio Collective Director Melissa Park said the surrounding waterways informed the interiors, but in a more restrained way than a traditional coastal scheme.

“We drew inspiration from the canals and coastal surrounds, but our approach was to interpret that subtly through layered materials and a grounded palette of earthy tones, rather than literal coastal references,” Park said.

“We introduced hero moments of green and teal to reference the surrounding waterways, while mirrored elements help reflect natural light.

“The result is a residence that feels elevated yet comfortable, somewhere buyers can genuinely imagine themselves living, entertaining and unwinding.”

Sky Homes are priced from $3.65 million.

Lewis Land is also offering private marina berths with The Residences, its limited collection of three and four-bedroom villas positioned directly along the Harbour Shores waterfront boardwalk.

Three-bedroom villas are priced from $2.99 million, while four-bedroom residences start from $3.19 million.

Harbour Shores is being marketed by Colliers International.

[smartcode_project_cta:default project_id=113271]

Lewis Land opens sky home display as The Waterline completes at Harbour Shores

St Vincent de Paul Society Housing Australia has filed plans for a major mixed-use housing precinct on the southern edge of the North Sydney CBD, adding another significant proposal to a pocket around North Sydn​ey Station that is quickly becoming one of the LGA's busiest development zones.

The State Significant Development Application covers a 5,990 sqm site at <a href="https://www.apartments.com.au/new-apartments/1-19-mackenzie-street-lavender-bay-nsw-2060">1-19 MacKenzie Street and 211 Blues Point Road in Lavender Bay</a>, immediately south of Nor​th Sydney Station and between the commercial core and the lower-rise Lavender Bay Heritage Conservation Area.

Designed by Wardle, the proposal would deliver a new residential tower comprising 88 build-to-sell apartments and 19 affordable apartments, alongside a separate co-living building with 57 rooms and a building manager's studio.

It would also see the significant restoration and upgrade of St Francis Xavier Catholic Church, the adaptive reuse of the former school building, new parish facilities, retail, a new public square and around 1,000 sqm of publicly accessible open space.

<img alt="Vinnies North Sydney" data-entity-type="file" data-entity-uuid="d5dd7f87-a617-463e-b577-17541e01f0e9" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-26%20at%209.10.13%E2%80%AFAM.png?VersionId=4R8TsFN3P_LrrXO2HswTOIrx2blil8lh" />

The project is seeking a concurrent rezoning of the site to R4 High Density Residential and an increase in the maximum building height to allow a tower reaching RL120, or up to 20 storeys. The proposal was progressed through the NSW Government's Housing Delivery Authority pathway.

The build-to-sell component will be weighted toward larger apartments, with just six one-bedroom apartments compared with 31 two-beds, 43 three-beds and eight four-bedroom residences.

The 19 affordable apartments will comprise two studios, 15 one-bedroom apartments and two two-bedroom apartments, taking the total apartment component to 107 residences before the 58 co-living rooms are included.

<img alt="Vnnies" data-entity-type="file" data-entity-uuid="7d568ca5-cb90-4e18-96c6-d9795dba0c56" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-26%20at%209.10.05%E2%80%AFAM.png?VersionId=GY2R5M9VtQh0EKy1vajaea19PSLOPuRD" />

Wardle's design for the Vinnies site has sought to negotiate that emerging high-rise context while retaining the lower-scale character of MacKenzie Street and the adjoining heritage conservation area.

The main building adopts a three-storey podium and tower arrangement, with the podium aligned to the ridgeline and front setback of St Francis Xavier Church.&nbsp;Wardle has designed the podium with colonnades, seating, recessed entries and active ground-floor frontages, with sandstone-toned precast concrete and face brick referencing the materiality of the existing church.

The tower then steps back eight metres to the south and six metres to the north before rising in a sculpted form comprising four interlocking quadrants. Wardle has also introduced rounded forms and chamfered corners to reduce the tower's perceived bulk and improve view sharing with neighbouring development sites.

Resident facilities and outdoor areas are planned at the separation between the podium and tower at Level 3, oriented toward Sydney Harbour and the CBD skyline.

The tower itself will feature a glass reinforced concrete facade, with recessed balconies and deep reveals used both to provide shading and privacy and frame views toward the harbour and city. The lower levels take a different architectural approach, using brick and sandstone-toned finishes intended to establish a stronger relationship with St Francis Xavier Church. The Church itself will be conserved and upgraded for its continued use, while the former school building will be adaptively reused as part of the co-living component.

<img alt="Lavendar Bay" data-entity-type="file" data-entity-uuid="2d4418ad-90aa-4d49-af93-c80b140aea80" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-26%20at%209.09.47%E2%80%AFAM.png?VersionId=Kv4gzbsACaGvZSRuaqcfGC54jEJRXIDJ" />

&nbsp;

The proposal adds to an increasingly concentrated pipeline of residential development around Blue Street, MacKenzie Street and Lavender Bay.

Just west of the site, Central Element lodged plans earlier this year for one of the most significant residential developments proposed in Lavender Bay in recent years.

Central Element's SJB-designed scheme at 64-66 Lavender Street and 3-7 Middlemiss Street would deliver 163 apartments across two towers rising 23 and 32 storeys, replacing five existing apartment buildings containing 32 homes. The project also forms part of the Housing Delivery Authority pathway.

<a href="https://www.apartments.com.au/news/nsw/first-look-central-element-reveals-lavender-bay-apartment-plans?utm_source=chatgpt.com" rel="noopener" target="_blank">First look: Central Element reveals Lavender Bay apartment plans</a>

Immediately around North Sy​dney Station, another two significant proposals have emerged at 5 and 15 Blue Street.

Zurich Australian Insurance Properties is seeking to adaptively reuse its longstanding commercial building at 5 Blue Street, directly above North Sydney Station, rather than demolishing the structure.

Its SSDA proposes converting the building into a 14-storey mixed-use development with 62 apartments and 86 co-living rooms, together with ground-floor retail and a major refurbishment of Blue Street Plaza. The application is currently at the Response to Submissions stage.

<a href="https://www.apartments.com.au/news/nsw/first-look-zurich-targets-north-sydney-office-conversion-with-148-unit-proposal-above-metro-station">First look: Zurich targets North Sydney office conversion with 148-unit proposal above Metro station</a>

&nbsp;

First look: Vinnies files for 20-storey Lavender Bay apartment tower as North Sydney housing pocket heats up

When the opportunity arose for South Australian developer Palumbo to return to Kent Town, where it had previously delivered East Park Apartments and the East 
Rundle Apartments, it wasn't one the longstanding developer-builder was going to pass up.

The decision was quickly vindicated, with more than 30 apartments sold within the first month of launching <a href="https://www.apartments.com.au/new-apartments/royal-apartments-kent-town-2-8-north-terrace-kent-town-sa-5067">Royal Apartments</a> to the market.

The 206-apartment development, which will bring significant new supply to Adelaide's tightly held eastern city fringe, also gives <a href="https://www.apartments.com.au/developers/palumbo">Palumbo</a> the opportunity to bring new life to one of Kent Town's most recognisable watering holes.

[smartcode_project:default project_id=6109 project_image_fid=376073]

Royal Apartments incorporates the historic Royal Hotel, a venue Palumbo Managing Director Daniel Palumbo said has a longstanding connection with the local community.

"Everyone in the area has history with the Royal Hotel," Palumbo told Apartments.com.au.

"It was quite an active pub and social gathering place for locals. We want to bring it back to its former glory."

[smartcode_project:default project_id=6109 project_image_fid=376072]

The wider development will comprise two residential towers alongside the restored hotel, sitting on North Terrace opposite the Adelaide Park Lands.

For Palumbo, the project also marks a return to familiar territory.

The developer completed East Park Apartments next door more than a decade ago and jumped at the opportunity to develop in Kent Town again when the Royal Hotel site became available.

"The opportunity emerged, and we moved to secure the site," Palumbo said.

"We were approached by the previous landowner, who said they had extensive commitments in Sydney and weren't in a position to deliver the project.

"We took over the site and within six months recut the design scheme to be more in keeping with the type of development we want to bring to Adelaide.

"Now we're on the market and those changes have really resonated with local buyers."

That has translated into a strong start to sales, with 33 apartments transacting in the project's first 35 days.

Palumbo said the early purchaser profile had been consistent with the group's traditional focus on owner-occupiers rather than investor-led apartment stock.

"Local owner-occupiers have always been our market," he said.

"There are always some investors, but we've never developed what would be called traditional development stock. Owner-occupiers are very much our market."

[smartcode_project:default project_id=6109 project_image_fid=376068]

The buyer mix has been diverse so far, with downsizers and younger professionals both accounting for a significant portion of early sales.

South Australia's current stamp duty settings, which allow&nbsp;eligible homeowners in South Australia aged 60 savings of up to $103,830 on stamp duty when they downsize to a new property valued at up to $2 million,&nbsp;have helped encourage downsizer activity, while younger buyers in their late 20s and early 30s have been attracted to the opportunity to live immediately outside the CBD while still being able to walk into the city.



Location has been a major part of the proposition for both buyer cohorts.

[smartcode_project:default project_id=6109 project_image_fid=376075]

Royal Apartments sits on North Terrace directly opposite the Adelaide Park Lands, with residents able to walk through the parklands toward the East End, Rundle Street and Rundle Mall.

Apartments have been positioned to capture views across the parklands, Adelaide skyline, Botanic Gardens and Adelaide Hills.

Palumbo believes the scarcity of developable land along this section of the Park Lands makes the site particularly difficult to replicate.

"There's very few allotments on that side that can be developed," he said.

"If this location was in New York and you were sitting on Central Park, you'd be talking about a $60 million apartments."

Royal Apartments will offer a broad mix of residences, ranging from one-bedroom apartments through to four-bedroom sub-penthouses and penthouses.

Current listings include one-bedroom apartments from $680,000, while larger three and four-bedroom residences are priced around $2.5 million.

Residents will have access to a swimming pool, gym, barbecue and recreation areas, residents' lounge and dining space, and a communal deck.

[smartcode_project:default project_id=6109 project_image_fid=376067]

The apartments will feature generous balconies, while secure parking, bicycle storage and storage cages will also be provided.

A porte-cochère-style arrival and drop-off area has also resonated with buyers, particularly those attracted to being able to walk into the CBD during the day while retaining secure vehicle access at home.

Palumbo is acting as developer, architect and builder on Royal Apartments, continuing the vertically integrated model it has used across its South Australian portfolio.

The group was also behind the $150 million Sofitel Adelaide, the 251-room five-star hotel and residential tower which opened in 2021.

Palumbo said Royal's launch had come at an interesting time for the broader Adelaide apartment market.

Buyer confidence had initially been impacted by uncertainty surrounding the Federal Budget and broader economic conditions, but Palumbo believes sentiment is beginning to improve against a backdrop of significant investment flowing into South Australia.

He pointed to increased activity across defence and resources, including Olympic Dam, as potential long-term drivers of the state's economy and housing market.

"Money is starting to flow into Adeliade, significant amounts as Adelaide bucks the trend of the rest of the country.," Palumbo said.

"There's a lot of activity in the economy over the next decade. I think more investment will come into this market."

Early works on Royal Apartments are expected to commence this year, with major construction activity and cranes anticipated on site from early next year.

[smartcode_project_cta:default project_id=6109]

Palumbo's return to Kent Town strikes early chord with buyers

Go-to builder-developer <a href="https://www.apartments.com.au/developers/graya">GRAYA</a> is continuing to bulk out its already impressive and diverse apartment portfolio across South East Queensland. Their latest milestone is securing development approval for Silk, its boutique riverfront apartment development in St Lucia.

The approval clears&nbsp;the way for the team to begin construction planning for the 22-residence project.

<a href="https://www.apartments.com.au/new-apartments/silk-st-lucia-16-18-sandford-street-st-lucia-qld-4067">Silk</a> will rise 15 levels from an 810 sqm site at 16-18 Sandford Street, occupying a prominent bend of the Brisbane River with a prized northern aspect across Orleigh Park toward the Brisbane CBD.

The approved scheme will comprise 16 split-floor and six full-floor residences, continuing GRAYA's move into larger-format apartment developments targeting Brisbane's prestige owner-occupier market.

The project has been designed around the site's broad river frontage and dual-direction views, with GRAYA prioritising larger residences, privacy and outlook over apartment yield.

<img alt="Silk St Lucia" data-entity-type="file" data-entity-uuid="aa5c2349-f96c-4914-a812-1f2cd6827af8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-26%20at%208.25.44%E2%80%AFAM.png?VersionId=WY0vEU_7vYjeRJKQHiCwFdMxu8PvFh52" />

GRAYA Co-founder and Chief Executive Officer Rob Gray said the project had been shaped around local homeowners wanting to remain in St Lucia without maintaining a traditional family home.

"St Lucia is one of those suburbs people do not want to leave," Gray said.

"They know the river, the trees, UQ, the golf course, Toowong and Indooroopilly, and that familiarity is hard to replace.

"True riverfront opportunities here are exceptionally scarce. What we have designed at Silk is a way to stay in the suburb people love, with the scale and privacy of a private home and far less to maintain.

"This is not typical apartment product. It is a proper home on the river, and that is exactly what this market has been missing."

The approval comes as new apartment development continues to increase across the St Lucia and neighbouring Toowong corridor, although direct riverfront sites remain considerably more tightly held.

GRAYA Co-founder and Managing Director Andrew Gray said securing the approval had removed a significant element of development risk from Silk.

"Genuine riverfront sites of this quality in St Lucia are not something that comes up regularly," Gray said.

"The approval removes a substantial layer of execution risk, and the location underwrites demand in a way very few inner-city sites can.

"The fundamentals here are as strong as anything we have assessed in Brisbane."

<img alt="Silk St Lucia" data-entity-type="file" data-entity-uuid="d0f3d734-65e1-48e8-8ed3-2e0715ffcdd9" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-26%20at%208.25.56%E2%80%AFAM.png?VersionId=sOLSs_jdHkXLWbBKzRyayf5BfTb2vPsD" />

Silk will see GRAYA return to a stretch of the Brisbane River where it already has recent construction experience. The vertically integrated group recently completed ARC in neighbouring Toowong as builder for developer Spyre, delivering the riverfront project on a constrained site.

GRAYA will take a different role at Silk, controlling the project from design and development through construction and aftercare under its vertically integrated model.

The development will include a gym and resident leisure areas at ground level, integrated with the river's edge.

Silk joins a growing pipeline for GRAYA across Brisbane and the Gold Coast, which includes Enclave, The Gallery, Coral and Ripple.

The developer-builder has also recently lodged plans for its largest project to date, <a href="https://www.apartments.com.au/new-apartments/the-silo-19-chester-street-newstead-qld-4006">The Silo</a>, a proposed <a href="https://www.apartments.com.au/news/qld/graya-buys-frasers-newstead-site-plans-the-silo-between-james-street-and-gasworks-precincts">$700 million mixed-use development</a> in Brisbane's James Street precinct.

Silk is expected to predominantly target local owner-occupiers and prestige buyers seeking a permanent riverfront home in Brisbane's inner west.

Registrations of interest are now open, with further details on the project and construction program to be released as it progresses.

<hr />
<h2>SILK PROJECT FACTS</h2>

Developer-builder: GRAYA

Project: Silk

Location: 16-18 Sandford Street, St Lucia

Apartments: 22

Built form: 15 levels

Site: 810 sqm riverfront holding

Mix: 16 split-floor and six full-floor residences

Status: Development approved

Next step: Construction planning underway

[smartcode_project_cta:default project_id=152168]

GRAYA greenlit for riverfront St Lucia apartment development, Silk

Toorak

<html><body>
A luxury Toorak mansion designed by architect Christopher Doyle has been listed for sale.
The Georgian style<a href="https://www.realestate.com.au/property-house-vic-toorak-124959850" target="_blank"> Forrest Court home</a> spans over three levels and sits in gardens landscaped by Paul Bangay.
Set on 693 sqm, the four bedroom, three bathroom home is designed with high ceilings and walls of glass to maximise space and light.
There's an expansive living and dining space that flows to a westerly garden terrace.
Melbourne Sotheby's International Realty agent Phillip French has the listing.
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j.ballantyne1990-6AQqhLzZaK

Toorak mansion designed by Christopher Doyle hits market

<html><body>
A vacant Toorak block of land fetched $850,000 above reserve when four developers fought for the weekend auction offering.
It came with planning permits for the 658 square metre block at 7 Monomeath Avenue.
The approval was for two luxury townhouses.
Bidding opened a $2.8 million, RT Edgar’s Mark Wridgway who announced the lot on the market at $3 million.
It sold for $3.85 million.
It last sold for $3.6 million in 2015 and $2 million in 2010.
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jchancellor-FAypfDUnLy

Toorak townhouse site sells for $3.85 million

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A four bedroom Toorak trophy home has been sold for $5.5 million, the highest priced result in Melbourne at the weekend auctions.
Located at <a href="https://www.realestate.com.au/property-house-vic-toorak-124623202" target="_blank">684 Orrong Road</a>, the property is situated on 877 sqm of land on its Stradbroke Avenue corner lot.
It was marketed with a price guide of $4 million plus.
Built in 1923, the solid brick residence was marketed as available for immediate residency, renovation or development as apartments or townhouses.
It features beamed ceilings and timber floors that are displayed through the reception hall.
The living room has a wood fire heater and dining room opening to the private northwest garden that has a 12 meter solar heated lap pool.
The ground floor main bedroom has an en-suite, built in robes and a private courtyard that features a fish pond.
Toorak Village is within walking distance from the house which has undercover parking for five cars.
The property was offered through Marshall White agents Richard Mackinnon and Fraser Cahill.
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1920s Toorak house sold for $5.5 million

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Veteran Melbourne caterer Peter Rowland and wife Susan have listed their longtime Toorak mansion with $10 million hopes.
They been there for over three decades.
<a href="https://www.realestate.com.au/property-house-vic-toorak-124803974" target="_blank">The elegant Parisian style home</a> reflects the scale and symmetry of 18th century Île de France architecture complete with large banquet hall with antique limestone fireplaces.
Its facade was such a hit that a spate of copycat homes followed in the neighbourhood.
There's a private paved northeast garden with heated pool on the 748 sqm parcel.
It's got a hidden underground garage entrance beneath its tree lined driveway, described as 'James Bond-style' by the listing agents.
Inspired by the trapdoor spider, a lid lifts up on the pebbled driveway to reveal a slope down to the basement art gallery with six car garage.
Marshall White Armidale agents Justin Long and Nicholas Brooks have the offering.
The couple paid $1,175,000 in 1991.
Peter Rowland Catering has been a focal point of the Melbourne food culture for over five decades becoming synonymous with catering for the Melbourne Cup Carnival.
This article first appeared in The Weekend Australian's Mansion Australia section.
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firstname1-iYD4UYzvBa

Veteran caterer Peter Rowland lists Toorak mansion

<html><body>
The infrastructure executive, Netflow managing director Phil Dreaver has bought the Towers Road, Toorak mansion from rich listers Daniel and Danielle Besen.

The New Zealand-born Dreaver has been with one of Australia’s most successful infrastructure investors since 2005. Plenary and Cintra have recently combined to create a joint venture business, Netflow to compete in the Australia and New Zealand road infrastructure market.

As the chief investment officer for Plenary Australia, the 2005 founding director of Plenary Group North America relocated to Australia in 2015.

He had previously worked as a director in ABN AMRO Bank's Infrastructure Capital Group in Sydney, Toronto and Vancouver.

The $26.25 million deal, reported by The Australian, set Melbourne’s record residential price, bettering the $24.1 million set in July 2015 when Tony and Jennifer Smorgon sold their Robertson Street, Toorak home.

Daniel and Danielle Besen, who reportedly separated last year, are members of the billionaire family which founded retail chain Sussan.

<div class="story-image secondary-asset landscape zoomable zoom-on" data-pswp-uid="2"><img alt="The Wood Marsh-designed home was marketed as representing the pinnacle of modern residential design." height="366" src="https://cdn.newsapi.com.au/image/v1/1f40a3ee60b9c0a40162bfe630a93768" width="650"></div>

<div class="story-image secondary-asset landscape zoomable zoom-on" data-pswp-uid="2"> </div>

<div class="story-image secondary-asset landscape zoomable zoom-on" data-pswp-uid="2">The Wood Marsh-designed home, marketed as representing the pinnacle of modern residential design, was never occupied by the Besen’s.</div>

The Besen’s put the Towers Road property on the market in October through Marshall White director Marcus Chiminello.

The property is set on a 2300 square metre block.

<div class="story-image secondary-asset landscape zoomable zoom-on" data-pswp-uid="3"><img alt="The home has four bedrooms and five bathrooms." height="366" src="https://cdn.newsapi.com.au/image/v1/96d0b8b8157b8aa4afc206876118dc0c" width="650"></div>

<div class="story-image secondary-asset landscape zoomable zoom-on" data-pswp-uid="3"> </div>

<div class="story-image secondary-asset landscape zoomable zoom-on" data-pswp-uid="3">Dreaver recently confirmed that Sydney’s WestConnex was a significant opportunity for the new business and would attract Netflow’s initial focus.</div>

<div class="story-image secondary-asset landscape zoomable zoom-on" data-pswp-uid="3"> </div>

<div class="story-image secondary-asset landscape zoomable zoom-on" data-pswp-uid="3">Plenary Group is an independent, long-term investor, developer and manager of public infrastructure with 41 projects worth more than A$29 billion across Australia, Canada and the US.</div>

<div class="story-image secondary-asset landscape zoomable zoom-on" data-pswp-uid="3"> </div>

<div class="story-image secondary-asset landscape zoomable zoom-on" data-pswp-uid="3">Plenary is currently developing some of Australia’s largest transport projects including the A$1.6 billion Toowoomba Second Range Crossing, the A$3.7 billion Sydney Metro Northwest and the A$2 billion High Capacity Metro Trains project in Melbourne.</div>

<div class="story-image secondary-asset landscape zoomable zoom-on" data-pswp-uid="3"> </div>

<div class="story-image secondary-asset landscape zoomable zoom-on" data-pswp-uid="3">Related Projects:</div>

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Toorak record price paid by Plenary's Phil Dreaver

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"Houses are my joy," the late Sydney socialite Lady Susan Renouf once said.
And the final chapter in her voluminous property tome was written after $5 million plus negotiations secured the weekend sale of her Toorak home.
It came an hour after being passed in on the one bid of $4.55 million. It didn't sell to the Chinese highest bidders, but another bidder who did not bid.  
Her Melbourne home, which was bought for $1.85 million from the Grimwade establishment family, reflected her return to family from her heady days in Sydney society.
Her many prior homes especially in Sydney and also across the world, along with various husbands, had catalpulted her into the headlines for many decades.
Foremost was The Nunnery, a 400-year-old mansion on the island tax haven, the Isle of Man, her home with the racehorse tycoon Robert Sangster.
They then bought at Point Piper, an 1930s home which she named Toison d'Or. She had the right to live in the house until she died or remarried.
That saw her next husband, Sir Frank Renouf secure the harbour front property, and he changed the name of the house to Paradis Sur Mer. 
After Frank and Susan divorced in 1988, she had Villa Balena, Whale Beach and then Darling Point. She's also owned the renowned English country garden Kennerton Green at Mittagong, in the Southern Highlands.
She once advised she was going to stay in Sydney "you play quite of lot of bridge and golf in Melbourne, and I'm not much good at either" but relocated back to Melbourne in the late 1990s, returning home to her daughters and grandchildren, who were among the 100 strong Kay &amp; Burton auction crowd.
At one stage she calculated she'd lived in 10 houses since Point Piper, but still thought about that house every day.
Renouf was so synonymous with homes that one year in the late 1980s, the good sport that she was, she opened the Sydney Home Show.
This article first appeared in the Sunday Telegraph.
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Lady Susan Renouf's Toorak trophy home sold post-auction

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The former ANZ boss Mike Smith and wife Maria have reportedly sold their Toorak mansion for close to $13 million.
The sale was $2 million less on the $15 million he was reportedly offered last year.
The Hopetoun Road deal fell through after the Chinese buyer failed to get Foreign Investment Review Board approval. 
It last traded in 2007 when bought from businessman John McMurrick $9.65 million.
There is no formal confirmation of the latest sale.
Smith confirmed to The Australian Financial Review last year that the first deal had fallen through and warned that Chinese nationals "have to understand" Australian laws.
Mike Smith put the five-bedroom house on the market in February last year. 
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Former ANZ boss Mike Smith sells Toorak trophy home

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There's a very strong offer on the table for Sark, the Toorak mansion owned by the retailing guru Mark McInnes and wife Lisa Kelly.
The Premier Investments chief executive only listed the 1930 English style home late last month.
And it was bought for $9.25 million only last May.
<a href="https://www.realestate.com.au/property-house-vic-toorak-124583774" target="_blank">Interest from $10 million</a> was quoted by Marshall White agents Marcus Chiminello and Nicole French.
Set on the exclusive Hopetoun Road, the six bedroom, three bathroom home is framed by a deep established garden with pool and spa on its 2023 sqm.
There's also a self-contained two storey cottage.
McInnes still maintains his three apartment North Bondi amalgamation that cost him a combined $7.1 million in 2007.
McInnes was made head of Premier Investments by the Melbourne billionaire Solomon Lew in 2011, having previously run David Jones in Sydney for seven years.
This article first appeared in The Weekend Australian's Mansions Australia section. 
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Strong offer made for Toorak mansion Sark

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The Toorak home of Melbourne society figure Lady Susan Renouf has hit the market following her death last year.
The <a href="https://www.realestate.com.au/property-house-vic-toorak-124539974" target="_blank">Struan Street property</a>, which is expected to fetch $5 million, was bought by Renouf in 2005 for $1.85 million.
Following her purchase she renovated extensively, adding a conservatory to the three bedroom home with two living areas and a study.
The conservatory was one of her favourite parts of the home.
Kay &amp; Burton South Yarra agent Andrew Baines and Mark McKenzie have the home scheduled for a February 25 auction.
Andrew told the Herald Sun the property was in keeping with Renouf's famous elegant personality.
“We’ve described it as an elegant residence,” he said.
“We’ve used the word residence rather than home or house as it has a fairly dignified air and ambience.
“She’s decorated it … with a lot of style and quite a bit of individual flair as well.”
Renouf has owned properties as far as the Isle of Man, but she will be most known for owning Toison d'Or at Point Piper.
The Wolseley Crescent home was sold by her ex-banker husband Sir Frank Renouf for $19.2 million in 1988.
There was also her ownership of Villa Balena, the Whale Beach mansion that she sold for $1.85 million in 1993.
She's also once owned the renowned English country garden Kennerton Green at Mittagong, in the NSW Southern Highlands.
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Toorak home of the late Lady Susan Renouf for sale

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Rich listers Daniel and Danielle Besen have set a record Melbourne property market price with the sale of their Towers Road mansion in Toorak for around $26.2 million.
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<a href="https://www.marshallwhite.com.au/9-towers-road-toorak-417854/" target="_blank">The trophy home</a>, designed by architects Wood Marsh, bettered the previous $24.1 million record set in July this year when Tony and Jennifer Smorgon sold on Robertson Street, Toorak.
Daniel and Danielle Besen - members of the family that founded women’s clothing giant Sussan - put 9 Towers Road property up for sale in October through Marshall White agent Marcus Chiminello.
No price reveal, but the $26 million was tipped by The Australian. Offers were due by December 12.
<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/2016/12/20/Toorak-2.jpg" alt="">
Set on a 2300 square metre block, it has four bedrooms, each with ensuites, a library, a media room, a wine lounge which was a six year project.
The Wood Marsh home was marketed as representing the pinnacle of modern residential design and sports a sculpturally striking facade of raw textured concrete, scalloped in sweeping arcs.
Mrs Besen is off to a 1930s Arnauld Wright-designed Power Avenue home.
The previous state record of $26 million was held by Ilyuka, on the Portsea clofftop in 2010.
The year’s biggest single house sale was Point Piper's Altona, which sold for more than $60 million to locally-based Hunters Hill businessman Huang Jiaer, son of Chinese printing magnate Huang Bingwen, founder of Shantou Dongfeng Printing.
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