<a href="https://www.apartments.com.au/developers/draycon">Draycon Building</a> is nearing completion of Boutique Chevron Island, a 42-apartment development on the northern end of Chevron Island at 17–19 Parneno Street, with a limited-time offer of fully furnished apartments available.

Now more than 90 per cent complete, <a href="https://www.apartments.com.au/buildings/boutique-chevron-island-17-19-parneno-chevron-island-qld-4217">Boutique</a> has been shaped by one of the Gold Coast’s most tightly held island addresses, where riverfront outlooks and walkable access to Surfers Paradise converge.

For Draycon Building Managing Director Howard Dabit, the appeal of the site was immediate.

“I knew it was a good site as soon as I saw it,” Dabit said.

“The position and location on the north end of <a href="https://www.apartments.com.au/developments/chevron-island-qld-4217">Chevron Island</a>, the way the river swirls around the site basically from the north to the east, it feels like the site is surrounded by the water. The height that we’ve got and the aspect looking north is beautiful. Eighty per cent of the apartments are looking north so they get that drenching sunlight coming in.”

[smartcode_project:default project_id=89709 project_image_fid=360922]

That northern orientation places the development within a stretch of Chevron Island defined by open river aspects and skyline views, while remaining embedded in the suburb’s established village setting.

Chevron Island has increasingly drawn owner-occupiers seeking centrality without the intensity of high-rise beachfront living. Positioned at the geographical centre of the Gold Coast, the island offers direct access to both the beach and key cultural infrastructure while retaining a neighbourhood-scale character.

Connected by bridge to Surfers Paradise, Chevron Island offers walkable access to beaches, riverfront parklands and a revitalised foreshore boulevard animated by walkers and cyclists throughout the day. The Pacific Ocean is only minutes away, reinforcing the suburb’s dual river-and-surf identity.

At the same time, Thomas Drive forms the spine of the island’s village life, delivering cafés, wine bars, casual dining and everyday services within easy reach. Independent grocers, wellness operators and neighbourhood retailers contribute to a community atmosphere that remains distinct from the vertical scale of the beachfront.

[smartcode_project:default project_id=89709 project_image_fid=360915]

In the opposite direction, the Green Bridge links directly to HOTA – Home of the Arts – placing galleries, performance venues and parklands within walking distance. Weekly markets and major exhibitions draw visitors from across the region, while residents return to a quieter residential pocket at day’s end.

Public transport, including nearby bus routes and the G:link light rail corridor along the coastal spine, strengthens connectivity north and south. Griffith University, the Gold Coast University Hospital precinct and established private schools such as The Southport School are all within a short drive.

Ongoing investment across Surfers Paradise, HOTA and the broader Southport corridor has elevated amenity while preserving Chevron Island’s comparatively low-rise residential character. It is this balance, walkable village atmosphere paired with metropolitan-scale infrastructure, that continues to differentiate the suburb from higher-density beachfront precincts.

Boutique comprises just 42 residences, designed to maximise river and skyline outlooks within this tightly held island setting.

Boutique Chevron Island is slated for completion in April 2026, with prices starting from $1,220,000.

[smartcode_project_cta:default project_id=89709]

Joel Robinson

Draycon Building’s Boutique Chevron Island places 42 residences at the heart of the Gold Coast

Sydney developer <a href="https://www.apartments.com.au/developers/deicorp">Deicorp</a> has secured planning approval for a $300 million residential development in Lindfield, marking the company’s second project on Sydney’s North Shore and its first on the Upper North Shore.

Located on Beaconsfield Parade and designed by DKO Architecture, the state significant development comprises three buildings of up to 10 storeys and will include 399 residences, including 59 affordable homes and 40 adaptable homes.

Residences will range in size from one, two and three bedrooms, with two-bedroom apartments accounting for over 60 per cent of the product make-up. Residents will have access to a broad suite of amenities, including a wellness area, indoor and outdoor recreational spaces, a pool, a gym, a community room and a golf simulator.

In line with Deicorp’s long-standing focus on creating transit-oriented communities, the project is located just 260 metres from the Lindfield Train Station, reinforcing its role in delivering well-connected housing close to established infrastructure, retail and local services.

The inclusion of affordable and adaptable housing supports greater diversity within the local market, while the mix of apartment types responds to demand from downsizers, young professionals and families seeking access to the Upper North Shore.

Deicorp Founder Fouad Deiri OAM said the approval represents an important milestone for both the company and the suburb

“This approval allows us to deliver well-designed homes in a location that is already supported by strong transport and community infrastructure," Deiri said.

"Our focus is on creating places that integrate into their surroundings and provide long-term value for residents, and the broader Lindfield community. Being within walking distance of the station ensures this project supports sustainable growth in the right locations."

Across its portfolio, Deicorp currently has 4,703 apartments under construction, playing a leading role in shaping connected, liveable communities across Sydney.

Its expanding portfolio of Metro-linked developments includes Tallawong Village, <a href="https://www.apartments.com.au/new-apartments/kings-bay-village-five-dock-53-75-queens-road-five-dock-nsw-2046">Kings Bay Village</a> in Five Dock, <a href="https://www.apartments.com.au/new-apartments/hyde-metropolitan-sydney-133-141-liverpool-street-sydney-nsw-2000">Hyde Metropolitan</a> in Sydney CBD, <a href="https://www.apartments.com.au/new-apartments/falcon-alexander-crows-nest-8-alexander-street-crows-nest-nsw-2065">Falcon &amp; Alexander</a> in Crows Nest and Showground Village, Castle Hill.

Deicorp purchased the Beaconsfield Paradise site last year. Construction is scheduled to commence in Q2 of 2026 and will be completed in 2029.

Deicorp expands portfolio to nearly 5,000 apartments with Lindfield project

In a joint venture with The Trump Organization, Australia developer Altus Property Group has announced plans to bring a Trump International Hotel &amp; Tower to the Gold Coast, marking the first Trump-branded project in Australia.

"Trump International Hotel &amp; Tower, Gold Coast is our first official project in Australia and reflects our unwavering commitment to delivering world-class luxury experiences in iconic locations around the world," Eric Trump, Executive Vice President of The Trump Organization, said.

"This development exemplifies the Trump brand’s dedication to quality, sophistication, and unmatched service, and we are thrilled to bring this vision to the vibrant Gold Coast community."

The 91-storey building, which will become the tallest in Australia at 335 metres, will feature a&nbsp;285-room luxury hotel bearing the trademark Trump logo. It will also include 272 luxury residential apartments, a three-level podium with an exclusive Beach Club, and over 3,400 sqm of premium commercial, retail, and dining space, revitalizing the central Surfers Paradise precinct.

“Trump International Hotel &amp; Tower, Gold Coast will be a truly unique offering in the Australian market, bringing the prestige and allure of a world-class luxury brand,"&nbsp;Altus founder and chief executive David Young said.

"Altus Property Group is proud of its track record in delivering landmark developments across Australia, and our expertise ensures this project will be an outstanding success."

Trump Hotel heads for the Gold Coast to become Australia's tallest building

More than a century after the Corrimal Coke Works first opened in 1912, the industrial landmark that helped shape the suburb is being reinterpreted as a walkable residential neighbourhood, with Stage One of <a href="https://www.apartments.com.au/new-apartments/the-works-stage-one-27-railway-street-corrimal-nsw-2518">The Works</a> now underway at 27 Railway Street.

For 102 years, the site was central to <a href="https://www.apartments.com.au/developments/corrimal-nsw-2518">Corrimal</a>’s economic and social identity before operations ceased in 2014. Rather than erasing that legacy, developer Legacy Property has embedded it into the masterplan, retaining and reinterpreting elements such as the iconic 1912 brick chimney and sections of the original C1 Coke Oven Battery, alongside the adaptive reuse of the former powerhouse building.

Stage One will introduce 181 apartments across low-rise buildings, offering predominantly two and three-bedroom residences with completion targeted for mid-2027. The scale and configuration reflect a deliberate focus on owner-occupiers, targeting those seeking a lower-maintenance home in a prime location within the northern suburbs of Wollongong.

[smartcode_project:default project_id=143415 project_image_fid=359833]

Apartments have been designed to maximise natural light and cross-ventilation, with floor-to-ceiling glazing extending living areas onto generous balconies. Engineered timber flooring, induction cooktops and 900mm ovens in larger residences support everyday functionality, while two interior palettes allow buyers to tailor finishes to their preferences. The material selection draws on a restrained coastal language, intended to connect homes to their surroundings rather than compete with them.

The Works forms part of a broader 18-hectare masterplan that will ultimately deliver around 550 dwellings, new parks, and a heritage precinct celebrating the site’s past. More than seven hectares are dedicated to open space, including Southern Park and a Village Green with community gardens and recreation areas. The creek corridor is being rehabilitated with 150,000 native plantings, restoring biodiversity to the site and softening landscape.

[smartcode_project:default project_id=143415 project_image_fid=359841]

Positioned adjacent to Corrimal Station and within walking distance of Corrimal Town Centre, the precinct places daily essentials, rail connections and local retail within easy reach. Wollongong CBD, including the hospital, university and entertainment venues, sits approximately 6.5 kilometres to the south.

For buyers more familiar with North Wollongong, Corrimal offers a different proposition: a well-established coastal suburb framed by beaches to the east and the escarpment to the west, with a strong sense of local identity shaped in part by the former Coke Works. The Works seeks to reinforce that identity by creating a connected, walkable neighbourhood between coast and escarpment, rather than a standalone apartment complex.

Sustainability underpins the development approach. The Works is targeting Wollongong’s first 5-Star Green Star-rated community, with water-sensitive urban design, recycled materials and energy-efficient buildings integrated across the masterplan. For residents, these measures provide not only environmental benefits but also reduced operational costs and future resilience.

[smartcode_project:default project_id=143415 project_image_fid=359842]

With construction commenced and display materials available to view, prospective buyers can now engage more directly with the project’s vision, reviewing floorplans, material selections and the broader masterplan in detail. For many local homeowners weighing a move, the opportunity to experience how heritage, landscape and contemporary design intersect may help bridge the gap between familiarity and the next chapter.

As Stage One progresses toward its mid-2027 completion, The Works represents a significant chapter in Corrimal’s evolution, transforming a site that once powered local industry into a walkable residential precinct designed for its next generation of residents.

[smartcode_project_cta:default project_id=143415]

Legacy Property’s The Works reimagines Corrimal’s century-old Coke Works

When it comes to developing in Melb​ourne's Bayside region, <a href="https://www.apartments.com.au/developers/lowe-living">Lowe Living</a> knows exactly what buyers want.

With a longstanding presence in the area and a string of sell-out projects, Lowe Living consistently delivers developments that are as sought-after as their predecessors.

Their latest instalment is in <a href="https://www.apartments.com.au/developments/hampton-vic-3188">Hampton</a><a href="https://www.apartments.com.au/developments/hampton-east-vic-3188">&nbsp;East,</a> the same postcode where they have previously delivered Hampton Hill and Oceano. The developer-builder recently commenced construction on its newest project,&nbsp;<a href="https://www.apartments.com.au/new-apartments/marella-hampton-31-35-alicia-street-hampton-east-vic-3188">Marella</a>, a collection of 32 apartments just five minutes from the beach.

Site acquisition is paramount to success. Lowe Living rarely brings a building to market that isn’t within walking distance of essential amenities, whether it be the beach, a prominent retail strip, or a train station. Marella is no exception, located at its Alicia Street address, less than a kilometre from the retail heart of Hampton Street and Hampton Station.

[smartcode_project:default project_id=146197 project_image_fid=358495]

Equally important to Lowe Living is the architecture.

For Marella, they appointed <a href="https://www.apartments.com.au/architects/cera-stribley-architects">Cera Stribley</a>, who explains that the architectural vision was to create a contemporary reinterpretation of the Californian bungalow, a style that’s iconic to Hampton’s heritage.

"By borrowing, abstracting, and reinterpreting elements of this quintessential style, such as strong datum lines, articulated columns, exposed structures, and roof tiles, our design strikes a balance between modernity and familiarity," says Cera Stribley.

"This approach ensures that the development is not only visually appealing but also contextually sensitive, resonating with Hampton's existing architectural landscape."

[smartcode_project:default project_id=146197 project_image_fid=358499]

The building features terracotta brick, soft cream masonry, and exposed metal detailing, giving it a tactile presence that is intended to weather gently over time.

Internally, the focus on lasting quality continues, with two and three-bedroom residences anchored by sculptural stone kitchen islands, natural light, and clearly defined transitions between living, dining, and outdoor spaces.

The layouts have been carefully designed. Open-plan zones extend to private balconies, with light-filled interiors and generous kitchen proportions, supported by Miele wall ovens, induction cooktops, and integrated fridge-freezers. These are not small apartments rebranded as luxury; they have been designed at scale, with ample storage, hotel-style entry access, and secure basement parking provided as standard.

[smartcode_project:default project_id=146197 project_image_fid=358492]

At the uppermost level, Marella’s Signature Collection penthouses offer city or bay views, large entertaining terraces (some with outdoor spas), and elevated finishes, including fully wrapped stone kitchen benches and a Liebherr wine fridge.

Flexible room arrangements allow for a fourth bedroom or secondary living space, sought-after by both empty nesters who want the space when family visits and families with older children.

[smartcode_project:default project_id=146197 project_image_fid=358498]

A residents’ lounge on the ground floor reinforces the project’s small-community feel. With a fireplace, private dining area, and adjoining terrace, it’s one of several shared spaces that balance amenity with privacy and scale.

Construction has commenced, with completion expected in early 2027.

[smartcode_project_cta:default project_id=146197]

Lowe Living continues Bayside legacy as Marella rises in Hampton

Annandale

The private development firm&nbsp;Eranna Development has launched Abbie&#39;s Lane, a new apartment development in Annandale in Sydney&#39;s inner west.

The distinctive five-level building, to be built by Ceerose at 8 McCarthy Lane, will home 42 studio, one, two and three-bedroom apartments.

Abbie&#39;s Lane has been designed by PBD Architects, whose primary target was to create an &#39;outside-in&#39; approach and village feel for residents, achieved by the inclusion of Abbie&#39;s Lawn, a landscaped courtyard that sits in between the built form.

There&#39;s further outdoor green space crowning the building. Abbie&#39;s Rooftop will act as a community hub for residents, and feature&nbsp;barbecue facilities for&nbsp;exclusive resident use. Ground floor retail can also be found at Abbie&rsquo;s Lane &ndash; bringing a sense of vibrancy to the street level.

Edward Doueihi, Managing Director of Ceerose, said careful consideration of the historical streetscape character is reflected through intricate design to create an urban retreat.

&quot;The development adopts a sympathetic material pallet that respects the heritage significance and aesthetics that Annandale is known for,&quot; Doueihi says.

[smartcode_project:default project_id=108871 project_image_fid=180438]

&quot;Abbie&rsquo;s Lane is thoughtfully designed by PBD Architects and will be a valuable addition to the neighbourhood.&rdquo;

PBD Architects Managing Director Paul Buljevic says the built form explores the concept of solidity versus openness.

&quot;The fa&ccedil;ade&rsquo;s brickwork and powder coated metal will complement the historical roots of Annandale with a contemporary aesthetic.

&quot;We employed sustainable strategies to maximise the flow of natural air and improve ventilation across the development.

&ldquo;Abbie&rsquo;s Lane&rsquo;s striking exterior is focused on protection and solidity, while the interior balances restorative calm. The use of natural textures and refined simplicity will be on display throughout the apartments.

[smartcode_project:default project_id=108871 project_image_fid=180439]

Colliers are handling the marketing of Abbie&#39;s Lane, with prices starting from $750,000.

Daniel McMahon, Director - Residential at Colliers says Abbie&rsquo;s Lane represents a unique offering in the Inner West and is one of the first new projects in Annandale that will capitalise on growth plans in the area.

&quot;Annandale&rsquo;s easy accessibility to Sydney CBD, Blackwattle Bay, Barangaroo and popular universities make Abbie&rsquo;s Lane a very appealing location for both owner occupiers and savvy investors.

&ldquo;There is a limited number of new apartment projects in the suburb, ensuring Abbie&rsquo;s Lane is ideally positioned in the marketplace.

&quot;Conveniently located on the city fringe, the development&rsquo;s high-quality apartment offering complimented by a friendly village lifestyle will draw a wide mix of buyers.&rdquo;

Abbie&rsquo;s Lane apartments have been designed to take advantage of the building&rsquo;s frontages capturing sunlight, summer breezes and leafy street views.

The apartments feature private courtyards, large outdoor spaces, wide frontages and a select few even have built-in fireplaces. Bathrooms will feature porcelain tiles and mosaics,&nbsp;Parisi tapware, basins and bathtubs. Light and dark schemes in the kitchen will be complimented by stone benchtops and a splashback, custom joinery and timber floorboards.

Situated on&nbsp;1,765 sqm, Abbie&rsquo;s Lane is next door to the Annandale Hotel, Annandale Public School is a short 700 metre walk, while Annandale Village is within 950 metres. Sydney University, the University of Technology Sydney and RPA Hospital are all within 2.8 kilometres.

The distinctive five-level building at 8 McCarthy Lane will home 42 studio, one, two and three-bedroom apartments

Eranna launch Annandale apartments, Abbie's Lane

<html><body>
The Sydney suburb of Annandale is among the fastest suburb across Australia, according to Investar’s latest report.
The property data firm says that the average time that a house in Annandale stays on the market is 41 days.
A example is a recently sold four bedroom house at <a href="https://www.realestate.com.au/sold/property-house-nsw-annandale-124862262" target="_blank">65 View Street</a> (above) that stayed on the market for 26 days before it was sold for $3.83 million.
Another example is a recently sold four bedroom house at <a href="https://www.realestate.com.au/sold/property-house-nsw-annandale-124819934" target="_blank">159 Nelson Street</a> (below) that stayed on the market for 28 days before selling for $2.85 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/2017/06/14/159%20Nelson%20Street.jpg" alt="">
<table style="width: 473px;" border="1" cellspacing="0" cellpadding="0"><tbody>
<tr>
<td valign="top" width="98">
Suburb
</td>
<td valign="top" width="47">
State
</td>
<td valign="top" width="64">
Postcode
</td>
<td valign="top" width="65">
Dwelling
</td>
<td valign="top" width="72">
Bedrooms
</td>
<td valign="top" width="52">
Days on market
</td>
<td valign="top" width="77">
Current median price
</td>
</tr>
<tr>
<td valign="top" width="98">
Croydon Park
</td>
<td valign="top" width="47">
NSW
</td>
<td valign="top" width="64">
2133
</td>
<td valign="top" width="65">
Unit
</td>
<td valign="top" width="72">
Studio and 1
</td>
<td valign="top" width="52">
38
</td>
<td valign="top" width="77">
$412,500
</td>
</tr>
<tr>
<td valign="top" width="98">
Kensington
</td>
<td valign="top" width="47">
VIC
</td>
<td valign="top" width="64">
3031
</td>
<td valign="top" width="65">
House
</td>
<td valign="top" width="72">
2
</td>
<td valign="top" width="52">
39
</td>
<td valign="top" width="77">
$775,000
</td>
</tr>
<tr>
<td valign="top" width="98">
Bowden
</td>
<td valign="top" width="47">
SA
</td>
<td valign="top" width="64">
5007
</td>
<td valign="top" width="65">
Unit
</td>
<td valign="top" width="72">
Studio and 1
</td>
<td valign="top" width="52">
40
</td>
<td valign="top" width="77">
$340,000
</td>
</tr>
<tr>
<td valign="top" width="98">
Annandale
</td>
<td valign="top" width="47">
NSW
</td>
<td valign="top" width="64">
2038
</td>
<td valign="top" width="65">
House
</td>
<td valign="top" width="72">
4
</td>
<td valign="top" width="52">
41
</td>
<td valign="top" width="77">
$2,500,000
</td>
</tr>
<tr>
<td valign="top" width="98">
Woolloomooloo
</td>
<td valign="top" width="47">
NSW
</td>
<td valign="top" width="64">
2011
</td>
<td valign="top" width="65">
Unit
</td>
<td valign="top" width="72">
Studio and 1
</td>
<td valign="top" width="52">
41
</td>
<td valign="top" width="77">
$800,000
</td>
</tr>
<tr>
<td valign="top" width="98">
Beecroft
</td>
<td valign="top" width="47">
NSW
</td>
<td valign="top" width="64">
2119
</td>
<td valign="top" width="65">
House
</td>
<td valign="top" width="72">
3
</td>
<td valign="top" width="52">
42
</td>
<td valign="top" width="77">
$1,350,000
</td>
</tr>
<tr>
<td valign="top" width="98">
Fairlight
</td>
<td valign="top" width="47">
NSW
</td>
<td valign="top" width="64">
2094
</td>
<td valign="top" width="65">
Unit
</td>
<td valign="top" width="72">
2
</td>
<td valign="top" width="52">
42
</td>
<td valign="top" width="77">
$900,000
</td>
</tr>
<tr>
<td valign="top" width="98">
Narraweena
</td>
<td valign="top" width="47">
NSW
</td>
<td valign="top" width="64">
2099
</td>
<td valign="top" width="65">
House
</td>
<td valign="top" width="72">
3
</td>
<td valign="top" width="52">
43
</td>
<td valign="top" width="77">
$1,250,000
</td>
</tr>
<tr>
<td valign="top" width="98">
Caulfield South
</td>
<td valign="top" width="47">
VIC
</td>
<td valign="top" width="64">
2162
</td>
<td valign="top" width="65">
House
</td>
<td valign="top" width="72">
3
</td>
<td valign="top" width="52">
44
</td>
<td valign="top" width="77">
$1,100,000
</td>
</tr>
<tr>
<td valign="top" width="98">
Allambie Heights
</td>
<td valign="top" width="47">
NSW
</td>
<td valign="top" width="64">
2100
</td>
<td valign="top" width="65">
House
</td>
<td valign="top" width="72">
3
</td>
<td valign="top" width="52">
45
</td>
<td valign="top" width="77">
$900,000
</td>
</tr>
</tbody></table>
The average median price of a house in Annandale is $1.69 million, an increase of $21,000 compared to last year’s median price.
Annandale is popular with 1831 more website listing visits than most suburbs in NSW.
Established independent residents take up 25 percent of the residents in the area.
</body></html>

j.ballantyne1990-6AQqhLzZaK

Annandale among the fastest selling NSW suburbs

<html><body>
A tri-level Victorian terrace in Annandale has been sold for $2.32 million. 
It was sold $320,000 over the reserve price by Matthew Carvalho and Ercan Ersan of Ray white Surry Hills. 
The <a href="https://www.realestate.com.au/property-terrace-nsw-annandale-133750998" target="_blank">Terrace 9, 269 Trafalgar Street </a>home comprises of 250 sqm of indoor and outdoor living space. 
It consists of three bedrooms, zoned living and dining areas, entertainer's gas kitchen, private courtyard garden and roof terrace. 
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2020/7/5/annandale%202.jpg" alt="">
The home also features private entry, dormer windows double garage, and northerly district views.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2020/7/5/anandale%203.jpg" alt="">
It is located within close proximity to Jubilee Park, the harbour foreshore, Tramsheds gourmet dining hub and farmers markets.
</body></html>

Tri-level Annandale terrace sold for $2.32 million

<html><body>
Rock star, activist and former Labor MP Peter Garrett and his wife  Doris Ricono-Garrett have bought a $2.25 million Victorian worker's cottage in Annandale. 
The three-bedroom house is up the road from the Annandale Hotel.
It comes with Miele kitchen, designer bathroom, light-flied lounge and dining and landscaped courtyard. 
In 2018, couple bought Hartland, a two-hectare property in Kangaroo Valley for $1.2 million, marking a return of sorts to the Southern Highlands where they sold their Mittagong acreage in 2016 for $2.8 million.
The couple bought a rundown terrace in Paddington for $2.7 million in 2015 and selling it three years later for $5.25 million after a renovation.
The property was sold by Pilcher Residential.
 
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firstname1-iYD4UYzvBa

Rock star Peter Garrett buys at Annandale

<html><body>
As the scaffolding comes down from St Kilda's Gatwick Hotel, the location of next month's series of The Block, its executive producer Julian Cress has formally cut ties with Sydney.
The buyer of his redundant Annandale warehouse paid a record $4,275,000 through McGrath agent Damien West.
The space, which failed to sell at its March auction, had come with a price guide of $4.5 million.
Cress inherited the Johnstone Lane warehouse from his late father, the Archibald award-winning artist Fred Cress.
The prior top price for a converted warehouse in Annandale sat with the $3.7 million paid last June by fellow artist Jonathan Newton, the son of Britain’s Gravity Media Group boss John Newton.
Julian Cress commissioned architect Julian Brenchley and Block designer Darren Palmer to undertake the recent conversion which was recognised with the 2015 MBA's Excellence in Housing Award.
Set at the end of a laneway, the home has four bedrooms, three bathrooms and a ground floor gallery.
<img src="https://www.urban.com.au/images/2018/7/30/annandale%202.jpeg" alt="">
The warehouse features polished concrete, exposed brick and soaring ceilings, interlaced with exposed steel and timber trusses.
There's an open plan upper level integrated with a private rooftop terrace.
Cress and wife Sarah have been based in Albert Park after The Block became more permanently based in Melbourne.
Over the years Cress became critical of nitpicking Sydney council approvals in his pursuit of development sites for the top rating Channel 9 show.
He has been executive producer of the hit show since its first series in 2003 where they launched with its renovation a block of apartments in Bondi.
<img src="https://www.urban.com.au/images/2018/7/30/annandale%203.jpeg" alt="">
Cress sold to Andrew Parker, the Qantas executive for government, industry and international affairs, who also was a board member of Australians for Equality during the gay marriage debate. 
Parker recently sold his Potts Point apartment to Tom Dery, the former worldwide chairman of ad agency M&amp;C Saatchi, for $4.55 million.
The purchase comes after Dery sold his luxury 1890s Paddington home for $5.1 million late last year.
This article first appeared in The Sunday Telegraph. 
</body></html>

Annandale warehouse space sold by The Block's Julian Cress

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As the scaffolding comes down from St Kilda's Gatwick Hotel, the location of this year's series of The Block, its executive producer Julian Cress can focus all his attention on the nearing airing of the show.
He's finally found a buyer for his redundant Annandale warehouse which he inherited from his late father, the Archibald award-winning artist Fred Cress.
The property space failed to sell at its March McGrath auction when it had a guide of $4 million after being listed in February.
It then went up with a guide of $4.5 million, selling 77 days into its marketing campaign to a Potts Point couple.
Fred Cress had used the Johnstone Lane warehouse as his creative studio.
Julian commissioned architect Julian Brenchley and designer Darren Palmer to undertake the recent conversion which was recognised with the 2015 MBA's Excellence in Housing Award.
He and wife Sarah have been based in Albert Park after The Block became more permanently based in Melbourne.
Cress became critical of Sydney council approvals in his pursuit of development sites for the Channel 9 show.
He has been executive producer of the hit show since its first series in 2003 where they renovated a block of apartments in Bondi.
Set at the end of a laneway, the home has four bedrooms, three bathrooms and a ground floor gallery.
The warehouse features polished concrete, exposed brick and soaring ceilings, interlaced with exposed steel and timber trusses.
There's an open plan upper level integrated with a private rooftop terrace.
The prior to-price for a converted warehouse in Annandale sat with the $3.7 million paid last June by fellow artist Jonathan Newton, the son of Britain’s Gravity Media Group boss John Newton.
 
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Julian Cress finally sells his dad's Annandale warehouse

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UNIVERSITY of NSW economics professors Bill Schworm and Denise Doiron sold their Annandale at weekend auction with price expectations of $1.85 million.
The result ended up at $2.1 million after flying past the $1.9 million reserve.
The <a href="https://www.realestate.com.au/sold/property-house-nsw-annandale-127998578" target="_blank">three-bedroom, one-bathroom Pritchard St house</a> on 252sqm was renovated in 2003. They had paid $325,000 in 1993. The couple are selling the two-level house to downsize with plans to live offshore for part of the year.
Belle Property Annandale agents Robert Clarke and Michael Hallit had the listing, which was pitched just above the suburb’s $1.76 million median price for three-bedroom houses.
The March quarter Annandale auction clearance rate was 74 per cent from 28 auctions, which was higher than the inner west’s 65 per cent success rate, according to CoreLogic.
This article was first published in the Sunday Telegraph.
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University of NSW economics professors sell in Annandale

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Mellifont, the historic Annandale Federation Queen Anne building which had been the Calliope Child and Family Centre psychiatrists, has sold for $2.6 million.
The property on the <a href="https://www.realcommercial.com.au/property-medical+consulting-nsw-annandale-502723886" target="_blank">corner of Albion and Johnston Street</a> last traded for $445,000 in 1996 and comprised of a number of consulting rooms.
The local family purchasers are to convert it back to a residence.
It could be turned into a five or six bedroom family home, suggested Pilcher Residential selling agents Simon Pilcher and Rocco Colosi.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/4/10/meli2.jpg" alt="">
The home on 375 square metres has four car parking and a large wine cellar.
It was once the home of Mary Philomena and John Cahill.
Cahill owned the Australia Soapworks at Camperdown in the 19th century.
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Historic Mellifont building in Annandale sold

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Julian Cress, executive producer of The Block, and wife Sarah have listed their redundant Annandale warehouse.
It previously belonged to Julian's late father, the artist Fred Cress.
The couple, who have set up base in Melbourne's Albert Park with their two young boys, commissioned architect Julian Brenchley and designer Darren Palmer to undertake the recent conversion.
The Johnston Lane warehouse now with four bedrooms, three bathrooms and a ground floor gallery has $4 million hopes at its March 24 McGrath auction.
Cress has been the executive producer of the now-Melbourne based series since its 2003 Bondi launch.
He became critical of Sydney council approvals in his pursuit of development sites for the Channel 9 show.
This article first appeared in The Daily Telegraph.
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The Block executive Julian Cress lists Annandale warehouse

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Artist James Powditch’s converted Annandale warehouse passed in at weekend auction has now been sold.
The $2.85 million opening bid was followed by a vendor bid of $3.7 million, which is understood to be the sale price.
When <a href="https://www.domain.com.au/9a-albion-street-annandale-nsw-2038-2013608848" target="_blank">mixed-media artist James Powditch</a> and his wife, graphic designer Diane Adair bought their Annandale home, it was just an empty shell of a warehouse.
It was marketed as one of the best warehouse residences in Sydney. 
BresicWhitney agent Chris Nunn had a $3.5 million price guide for the 320 sqm building.
The couple paid $1.05 million before its conversion in 2010 into 500 sqm of internal living space, including five bedrooms.
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