<p><a href="https://www.apartments.com.au/developers/consolidated-properties">Consolidated Properties Group</a> (CPG) is approaching the launch of its latest Brisbane riverfront development, Castile, on the dress circle Skyring Terrace in Newstead.</p>

<p>VIP buyers are now being engaged, with a full public sales launch coming later this year.</p>

<p>Positioned as the final opportunity to secure a new absolute riverfront residence on the East bank of Newstead, Teneriffe or New Farm, Castile at 47 Skyring Terrace has been designed by <a href="https://www.apartments.com.au/architects/woods-bagot">Woods Bagot</a> as a timeless addition to the Brisbane skyline.&nbsp;</p>

<p>[smartcode_project:default project_id=150489 project_image_fid=371113]</p>

<p>The name Castile draws on themes of permanence, sophistication and legacy, reflecting a broader vision centred on enduring architecture and timelessness in the rarest of riverfront positions.&nbsp;</p>

<p>CPG Chairman and CEO Don O’Rorke said the project had been envisioned as a future Brisbane icon.&nbsp;</p>

<p>“With 47 metres of direct river frontage and never to be built out views, 47 Skyring Terrace is the definitive address on the Brisbane River,” O’Rorke said.&nbsp;</p>

<p>[smartcode_project:default project_id=150489 project_image_fid=371114]</p>

<p>“Rather than following trend-based apartment design, Castile draws inspiration from Brisbane’s great heritage buildings, reinterpreting classical architecture into a contemporary riverfront landmark designed to stand proudly for the next 100 years,” he said.&nbsp;</p>

<p>The approved development will comprise 227 apartments across a 25-storey tower alongside a boutique six-storey riverfront building of just 12 residences.&nbsp;</p>

<p>Construction is scheduled to commence in September 2026.</p>

<p>[smartcode_project_cta:default project_id=150489]</p>


Joel Robinson

CPG unveils Castile Newstead ahead of upcoming sales launch

<p>Australia’s online shopping habits have shifted dramatically over the last decade. As eCommerce volumes surged, so too did the frustrations that came with traditional parcel delivery: missed deliveries, long Post Office queues, parcel theft and the challenge of being home during business hours.</p>

<p>Australia Post’s Parcel Lockers emerged as one of the more practical responses to that changing consumer behaviour.</p>

<p>What started as a relatively niche delivery option has evolved into a nationwide network of more than 1,400 self-service Parcel Lockers positioned at train stations, shopping centres, supermarkets and Post Offices across the country. The system allows Australians to send, collect and return parcels 24 hours a day, fundamentally changing how many people interact with deliveries.</p>

<p>The appeal is relatively straightforward: flexibility.</p>

<p>Instead of waiting at home for a delivery driver or rushing to a Post Office before closing time, users can direct eligible parcels to a Parcel Locker location of their choice. Once the parcel arrives, Australia Post sends a notification with a collection code or QR access through the AusPost app, allowing customers to retrieve their package at any time within the collection window.</p>

<p>For apartment residents in particular, the system has become increasingly valuable.</p>

<p>Higher-density living has created logistical challenges around deliveries, especially in buildings without concierge services or secure parcel rooms. Missed deliveries are common, while parcel theft has become an increasing concern as online shopping volumes continue to rise.</p>

<p>Australia Post itself has repeatedly highlighted the growing issue of “porch pirates” during peak shopping periods, encouraging customers to use Parcel Lockers as a safer alternative to unattended home deliveries.</p>

<p>That security aspect is one of the key reasons the Australia Post Parcel Locker network has grown so rapidly.</p>

<p>Parcel Lockers are positioned as secure, monitored collection points that reduce the risk of theft while also improving delivery efficiency for Australia Post. Instead of multiple redelivery attempts, parcels can be consolidated into a single secure destination.</p>

<p>The Parcel Lockers themselves are free to use through a MyPost account and support a range of parcel sizes up to 16 kilograms and dimensions of approximately 35 x 44 x 61 centimetres.</p>

<p>Beyond receiving parcels, the system has increasingly become integrated into the broader eCommerce ecosystem.</p>

<p>Customers can now use Parcel Lockers to return online purchases, while retailers have embraced the model as a way to improve delivery success rates and reduce friction in the shopping process. Australia Post has actively expanded partnerships with major retailers and promoted Parcel Lockers as part of a broader out-of-home strategy.</p>

<p>The timing of that expansion aligns with broader changes in Australian shopping behaviour.</p>

<p>The acceleration of online retail during and after the pandemic placed enormous pressure on delivery infrastructure. Parcel volumes reached record highs, particularly during Black Friday and Christmas periods, with Australia Post delivering more than 100 million parcels during peak festive seasons.</p>

<p>That growth forced logistics providers to rethink the “last mile” of delivery, widely regarded as the most expensive and operationally difficult stage of the process.</p>

<p>Parcel Locker systems have increasingly been viewed as part of the long-term solution.</p>

<p>The concept itself is not unique to Australia. Parcel Locker networks have become common globally, particularly across Europe and Asia, where dense urban environments and apartment living create similar logistical challenges. But Australia’s geography and suburban sprawl made adoption slower initially.</p>

<p>Now, however, the convenience factor is driving mainstream usage.</p>

<p>For commuters, Parcel Lockers near train stations allow parcels to be collected on the way home from work. For apartment dwellers, they remove the uncertainty around access and missed deliveries.</p>

<p>The rise of the AusPost app has also streamlined the experience, centralising notifications, tracking and Parcel Locker access into a single platform. Australia Post has increasingly pushed customers toward app-based delivery management, partly as a way to combat phishing scams and fake delivery notifications, which have become more sophisticated in recent years.</p>

<p>The Parcel Locker model is also beginning to influence property development itself.</p>

<p>Parcel management has become a growing consideration in apartment building design, particularly as online shopping becomes embedded in everyday life. Many new residential developments are now incorporating dedicated parcel rooms or Parcel Locker systems into foyers and communal spaces.</p>

<p>For developers, parcel management is increasingly viewed as part of the broader resident amenity offering, alongside gyms, wellness spaces and communal work areas.</p>

<p>That reflects a wider evolution in how residential buildings are designed.</p>

<p>Apartment buyers are placing greater emphasis on convenience, security and operational functionality, particularly in higher-density urban environments. Parcel delivery, once considered a minor operational detail, has become an increasingly important part of that equation.</p>

<p>Australia Post’s Parcel Locker network sits at the centre of that behavioural shift.</p>

<p>What began as a simple alternative delivery option has evolved into a key piece of infrastructure supporting Australia’s growing eCommerce economy and changing urban lifestyles.</p>

<p>And as online shopping continues to expand, the role of Parcel Lockers is likely to become even more embedded in how Australians live, shop and receive goods.</p>


How Australia Post Parcel Lockers changed parcel delivery convenience in Australia

<p>Perth’s new apartment market recorded its strongest quarter of sales since Q4 2021, with 412 apartments sold in Q1 2026 and a record quarterly sold value of $537 million, according to Urbis’ latest Apartment Essentials results.</p>

<p>Urbis said the March quarter result reflects strong, highly product‑specific demand across both ends of the market, from more attainable projects delivering at scale, through to premium stock being absorbed by equity‑rich downsizers.&nbsp;</p>

<p>David Cresp, Partner at Urbis, said the key story in Perth is not demand, it is the market’s ability to convert demand into delivered housing.&nbsp;</p>

<p>“This is the strongest sales quarter since Q4 2021, and it reinforces that demand in Perth is real and it’s local,” David Cresp said. “But the task now is delivery, turning that demand into projects that can actually be built and completed.”&nbsp;</p>

<p>[smartcode_project:default project_id=110291 project_image_fid=302785]</p>

<h2>Affordable product leads, premium demand remains resilient</h2>

<p>Sales in Q1 were led by more affordable projects, with The Boulevard (SKS Group) recording 115 sales in the quarter, the presentation noting this is only the second time a single project has surpassed 100 quarterly sales. The project was able to offer more affordable housing product right next to a train station.&nbsp;</p>

<p>Palmyra West (Finbar) also delivered strong results with 28 sales in Q1, following 84 sales in Q4, with an average price of under $800,000, underscoring depth of demand for well‑located, attainable new stock.&nbsp;</p>

<p>At the premium end, Urbis said downsizer demand is continuing, with the results highlighting Romeo (Applecross, Finbar) recording 75 sales and reaching almost 50% sold in one quarter.</p>

<p>Jual (Shenton Park, Celsius Property) also posted a strong quarter with 28 sales, reaching 39% sold in one quarter.</p>

<p>Urbis noted that Perth apartment demand is not speculative, not investor‑led, and not uniform, describing it as localised, often equity‑driven and highly product‑specific, a pattern reflected in the polarisation between strong “attainable” performers and premium downsizer product.&nbsp;</p>

<p>[smartcode_project:default project_id=148957 project_image_fid=364102]</p>

<h2>Prices underpinned by costs, and the delivery risk is growing</h2>

<p>Urbis said pricing pressure is cost not demand‑driven: construction costs and delivery risk are now a central constraint, with the results noting build costs remain elevated and volatile, and that energy, fuel and labour uncertainty weigh on feasibility.</p>

<p>David Cresp said a growing challenge for private Build‑to‑Sell developers is simply securing a builder in the current environment.</p>

<p>“Developers are really feeling the pressure from a building market that was operating at capacity and securing a builder is challenging,” David Cresp said, adding that even where a builder can be secured, “trying to get to the price that makes the development financially viable is incredibly challenging in the current market.”&nbsp;</p>

<p>Urbis’ broader WA commentary also notes that industry remains at or above capacity with lot and housing creation, and that many builders are limiting new sales to manage stretched workforces and fixed‑price contract pressures, conditions that flow directly into apartment feasibility and delivery timing.</p>

<p>[smartcode_project:default project_id=108869 project_image_fid=317905]</p>

<h2>Supply: improving later, but still constrained, and Perth lags eastern benchmarks</h2>

<p>While near‑term supply remains constrained, Urbis’ forecast shows completions lifting “Supply is forecast to be back above 1,500 apartments per annum for the first time since 2019”, with 1,775 completions forecast for 2026, and volumes remaining above that level over the following years.&nbsp;</p>

<p>Looking further ahead, completions are forecast to reach 2,500 in 2028, with the report noting 32% of that total is social/affordable, reflecting the role of government‑supported delivery in rebuilding the pipeline.&nbsp;</p>

<p>However, Urbis said Perth remains behind comparable markets on pipeline scale. In a national comparison of projects under construction, the report shows under construction Perth Build‑to‑Sell (BTS) at 3,446 apartments versus the Gold Coast at 7,922. Mr Cresp said “The challenge for Perth is how to we grow the delivery pipeline”.</p>

<p>Urbis’ conclusion is that Perth’s market is increasingly defined by product discipline and delivery certainty, with the research identifying “delivery certainty is key” and calling out builder risk and procurement models as core success factors, alongside “timing and staging”.&nbsp;</p>


Perth apartment sales hit strongest pace since late 2021 as builder capacity tightens

<p><a href="https://www.apartments.com.au/developers/sammut-developments">Sammut Group</a> has secured development approval for its latest Brisbane apartment project, marking the Sydney developer’s next step in expanding its Queensland pipeline following the success of its debut Gold Coast development, Coast.</p>

<p>The approved project at <a href="https://www.apartments.com.au/new-apartments/44-glen-road-toowong-qld-4066">44 Glen Road, </a><a href="https://www.apartments.com.au/developments/toowong-qld-4066">Toowong</a> will deliver a 15-storey riverfront apartment building with 42 residences, significantly increasing the scale of the site’s previous approval for a smaller luxury scheme. Designed by Bureau^proberts, the development will comprise a mix of predominantly four-bedroom and two-bedroom apartments positioned to maximise Brisbane River and city views.</p>

<p>Sammut Director Julian Sammut said the group had been actively searching Brisbane for several years before identifying Toowong as the right fit.</p>

<p>“Brisbane was the right step for Sammut,” Sammut said.</p>

<p>“With the success of Coast we thought we should definitely look to do more in Queensland alone. We then pushed up to look at Brisbane. We've been looking for I'd say two to three years actually and it was hard to find the right location.”</p>

<p><img alt="Sammut makes Brisbane apartment play" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_75/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202025-12-23%20at%203.27.14%E2%80%AFPM.png?VersionId=dYAVIL7qdcGA8ojvkslSrLjczXFejSSx" /></p>

<p>Sammut said suburbs including New Farm and Teneriffe were considered before the group ultimately focused on Toowong due to its strong downsizer demographic and limited supply of developable riverfront land.</p>

<p>The site was acquired off-market after what Sammut described as a lengthy negotiation and planning process, with the developer pursuing an uplift to the original approval.</p>

<p>“We are DA approved now which is very exciting,” Sammut said.</p>

<p>“We've had our change approval come through and we've obviously doubled the height, 15 storeys plus rooftop. We've got 42 amazing apartments that are going to be coming to market soon.”</p>

<p><img alt="Sammut makes Brisbane apartment play" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-12-23%20at%203.27.26%E2%80%AFPM.png?VersionId=ohkRkY0dIZlqdfME2EZePsCQavRiBadE" /></p>

<p>Bureau^proberts said the design responds to Toowong’s evolving urban character, balancing contemporary apartment living with the area’s established residential identity.</p>

<p>“A place where traditional Queensland living has taken place for centuries; Toowong is seeing a shift of contemporary influence, commercial and retail hubs mixed with well-considered residential offerings – all the while maintaining its character and charm,” the architect noted in planning documents submitted to Brisbane City Council.</p>

<p>The architecture practice said the project’s form was shaped by its riverfront setting, flood considerations, neighbouring building scales, and view corridors.</p>

<p>“They said the mix of four and two-bedroom apartments capture the ‘fundamental qualities of Queenslander living,’ translated into the context of a contemporary subtropical building.”</p>

<p>The development sits just off Coronation Drive within walking distance of Toowong’s retail precinct and the upgraded Regatta ferry terminal, while also benefiting from proximity to the incoming green bridge connection to West End. Sammut said the accessibility and amenity offering were central to the site’s appeal.</p>

<p>The approval adds to growing residential activity along the Toowong riverfront, joining nearby projects including Consolidated Properties’ Monarch Residences and Spyre Group’s ARC Residences.</p>


Sammut secures approval for debut Brisbane apartment development in Toowong

<p>Developer Lanevick is heading back into Sydney’s apartment market after focusing more heavily on the luxury townhouse and terrace sector in recent years.</p>

<p>Lanevick, founded and directed by Steve Maroun, is expecting to receive approval in the coming months for a new apartment development in Gladesville, with the aim to launch it to the market later this year.</p>

<p>The 51-apartment project, designed by Studio Johnston, will comprise a mix of one-, two-, and three-bedroom apartments positioned toward the Hunters Hill downsizer market.</p>

<p>“Traditionally it’s been difficult for people in that market to downsize because there just hasn’t been the right product available,” Maroun said.</p>

<p>“We’re targeting buyers who might have 30 to 40 per cent of their house value sitting in the bank after downsizing.</p>

<p>“They still want good spacious entertaining areas, they still want quality design, but they also want flexibility and the ability to enjoy life a bit more after working hard for a long time.”</p>

<p>The project sits near Boronia Park and within close proximity to the Parramatta River foreshore, an area Maroun says offers more of a Hunters Hill lifestyle than a traditional apartment precinct.</p>

<p>“From a lifestyle perspective, it’s really more Hunters Hill than Gladesville,” Maroun said. “You’re close to the foreshore, close to parklands, and still connected back into the village precinct.”</p>

<p>From level four and above, apartments will capture water views&nbsp;toward Sydney Harbour. Communal amenity will include rooftop entertaining areas, wellness spaces, and a gym tailored toward owner-occupier buyers.</p>

<p>“We’ve really designed these apartments around that buyer coming from the Hunters Hill LGA and what they’re actually looking for in their next chapter.”</p>

<p>The proposed development has also been designed to respond to the changing character of the broader Gladesville town centre, where a growing number of mixed-use and residential proposals are expected to emerge over the coming years.</p>

<p>“Gladesville presented a rare opportunity to deliver a genuinely design-led residential project within an evolving lifestyle precinct, just moments from the growing Gladesville town centre, and we’ve approached the project with a strong focus on architecture, liveability and long-term community value,” Maroun said.</p>

<p>Maroun said Lanevick saw a first-mover advantage within the precinct as planning controls continue to evolve to accommodate greater housing density.</p>

<p>“We think there’s a real opportunity there that hasn’t really been serviced properly yet,” he said.</p>

<p>“There’s going to be a broader evolution of the whole Gladesville village precinct over time, particularly with more activation and mixed-use outcomes.”</p>

<p>The Venus Street proposal will include a commercial and retail component at ground level designed to contribute to that evolving streetscape activation.</p>

<p>“A big part of the thinking was how do you activate that area properly and create more vibrancy and amenity, which is what Hunters Hill has been looking for,” Maroun said.</p>

<p>Lanevick’s focus since 2020 has largely been on smaller-scale luxury townhouse and terrace developments. The developer recently completed Royale Randwick, also designed by Studio Johnston, where prices reached $3.65 million. The project was featured in the UDIA NSW 2026 Professional Development Prospectus and was also named a finalist for Development of the Year.</p>

<p>&nbsp;</p>


Lanevick to cater for Hunters Hill downsizers with new Gladesville apartment development

Balmain

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<p>Fitzy &amp; Wippa sidekick Sarah McGilvray and her husband, Thales Group director James Couche, are set to flip a Balmain terrace. </p>
<p>The couple paid paid $2,040,000 last year.</p>
<p>They've been busy renovating, even while they had their first child, William, late last year. </p>
<p>The home has three bedrooms and one bathroom on its 135 square metre parcel.</p>
<p>Belle Property Balmain agents Lyndsey Kemp and Kristyn Brennan have a $2.1 million guide for a June 28 auction. </p>
<p>The new mother, who was in London with the team for the Royal Wedding, joined the Nova FM team in 2016 and produces Fitzy &amp; Wippa's breakfast show.</p>
<p>They're opting to be closer to the North Shore where much of their family live.</p>
<p><em>This article first appeared in the </em>Sunday Telegraph. </p>
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Nova star Sarah McGilvray looking to flip Balmain terrace 

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<div data-local-attribute="d3bn" data-ved="0ahUKEwik1eS3pcDbAhVCVbwKHfCRB_sQ3B0IswEoATAR">The dessert king Adriano Zumbo is selling his former long-time Balmain home, but is not completely severing his ties with the suburb where he whipped up his reputation.</div>
<div data-local-attribute="d3bn" data-ved="0ahUKEwik1eS3pcDbAhVCVbwKHfCRB_sQ3B0IswEoATAR"> </div>
<div data-local-attribute="d3bn" data-ved="0ahUKEwik1eS3pcDbAhVCVbwKHfCRB_sQ3B0IswEoATAR">Zumbo paid $675,000 for the period home in 2003 when he was 21, on returning from France where he'd spent a year working on his amazing craft.</div>
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<div data-local-attribute="d3bn" data-ved="0ahUKEwik1eS3pcDbAhVCVbwKHfCRB_sQ3B0IswEoATAR">"Central to the home is a spacious living area that leads to a fantastic chef-inspired island kitchen boasting stone benchtops and high quality Ilve gas appliances, a genuine delight for any passionate cook," says the listing agent on the house.</div>
<div data-local-attribute="d3bn" data-ved="0ahUKEwik1eS3pcDbAhVCVbwKHfCRB_sQ3B0IswEoATAR">  </div>
<div data-local-attribute="d3bn" data-ved="0ahUKEwik1eS3pcDbAhVCVbwKHfCRB_sQ3B0IswEoATAR"><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/2018/6/12/BALMAIN%202.jpg" alt=""></div>
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<div data-local-attribute="d3bn" data-ved="0ahUKEwik1eS3pcDbAhVCVbwKHfCRB_sQ3B0IswEoATAR">The traditional bungalow adjoining Goodsir Street Reserve has been listed by Coopers Agency father-son agents, Paul and Matt Cooper.</div>
<div data-local-attribute="d3bn" data-ved="0ahUKEwik1eS3pcDbAhVCVbwKHfCRB_sQ3B0IswEoATAR"> </div>
<div data-local-attribute="d3bn" data-ved="0ahUKEwik1eS3pcDbAhVCVbwKHfCRB_sQ3B0IswEoATAR">They are marketing the property for a June 23 auction with $1.65 million hopes. It is leased until July 2019, returning over $1,000 a week.</div>
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<div data-local-attribute="d3bn" data-ved="0ahUKEwik1eS3pcDbAhVCVbwKHfCRB_sQ3B0IswEoATAR">Zumbo has long been associated with trendy inner-west, spending five years working at Victorie Bakerie in his early years doing the pastries.</div>
<div data-local-attribute="d3bn" data-ved="0ahUKEwik1eS3pcDbAhVCVbwKHfCRB_sQ3B0IswEoATAR"> </div>
<div data-local-attribute="d3bn" data-ved="0ahUKEwik1eS3pcDbAhVCVbwKHfCRB_sQ3B0IswEoATAR">He opened his own shop in Balmain in 2007 where the sugared-up locals couldn’t get enough.</div>
<div data-local-attribute="d3bn" data-ved="0ahUKEwik1eS3pcDbAhVCVbwKHfCRB_sQ3B0IswEoATAR"> </div>
<div data-local-attribute="d3bn" data-ved="0ahUKEwik1eS3pcDbAhVCVbwKHfCRB_sQ3B0IswEoATAR">Then his appearance on the first series of MasterChef Australia took the croquembouche to an even wider audience making him a household name.</div>
<p>Adriano has opened seven stores throughout New South Wales and Victoria including a concept store at The Star Casino.</p>
</div>
<div data-local-attribute="d3bn" data-ved="0ahUKEwik1eS3pcDbAhVCVbwKHfCRB_sQ3B0IswEoATAR">Zumbo had moved from Coonamble in country NSW when he was 15. His first job was at Dobinson's Cakes in Rose Bay, icing cupcakes and experimenting with flavours.</div>
<div data-local-attribute="d3bn" data-ved="0ahUKEwik1eS3pcDbAhVCVbwKHfCRB_sQ3B0IswEoATAR">
<p>When he bought the Mullens Street home it wasn't much to look at and he can't have been too impressed with the kitchen.</p>
<p><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/2018/6/12/BALMAIN%203.jpg" alt=""></p>
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<div data-local-attribute="d3bn" data-ved="0ahUKEwik1eS3pcDbAhVCVbwKHfCRB_sQ3B0IswEoATAR">
<p>It was small kitchen with purple painted walls.</p>
<div data-local-attribute="d3bn" data-ved="0ahUKEwik1eS3pcDbAhVCVbwKHfCRB_sQ3B0IswEoATAR">He recently celebrated his one year anniversary with My Kitchen Rules series seven contestant, Nelly Riggio, who dipped out of the 2016 series after a three course went awry. The lowest score was a 3 from judge Colin Fassnidge.</div>
<div data-local-attribute="d3bn" data-ved="0ahUKEwik1eS3pcDbAhVCVbwKHfCRB_sQ3B0IswEoATAR"> </div>
<div data-local-attribute="d3bn" data-ved="0ahUKEwik1eS3pcDbAhVCVbwKHfCRB_sQ3B0IswEoATAR">The couple describe themselves as "homebodies" who love to cook together.</div>
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<div data-local-attribute="d3bn" data-ved="0ahUKEwik1eS3pcDbAhVCVbwKHfCRB_sQ3B0IswEoATAR">Zumbo, who has even been dubbed Australia's answer to Willy Wonka, has a tattoo of the eccentric candy making character on his arm.</div>
<div data-local-attribute="d3bn" data-ved="0ahUKEwik1eS3pcDbAhVCVbwKHfCRB_sQ3B0IswEoATAR"> </div>
<div data-local-attribute="d3bn" data-ved="0ahUKEwik1eS3pcDbAhVCVbwKHfCRB_sQ3B0IswEoATAR">Zumbo previously ran his expanding empire on the Balmain Peninsula, but as his popularity grew upsized to a new HQ in Lane Cove West from a smaller space in Rozelle.</div>
<div data-local-attribute="d3bn" data-ved="0ahUKEwik1eS3pcDbAhVCVbwKHfCRB_sQ3B0IswEoATAR"> </div>
<div class="kno-ecr-pt kno-fb-ctx" data-local-attribute="d3bn" data-ved="0ahUKEwik1eS3pcDbAhVCVbwKHfCRB_sQ3B0IswEoATAR">The St Leonards commercial space is for sale, with Zumbo making up one of three tenants. </div>
<div class="kno-ecr-pt kno-fb-ctx" data-local-attribute="d3bn" data-ved="0ahUKEwik1eS3pcDbAhVCVbwKHfCRB_sQ3B0IswEoATAR"> </div>
<div class="kno-ecr-pt kno-fb-ctx" data-local-attribute="d3bn" data-ved="0ahUKEwik1eS3pcDbAhVCVbwKHfCRB_sQ3B0IswEoATAR">This article was first published in the Saturday Daily Telegraph.</div>
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Adriano Zumbo lists former longtime Balmain home

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<p>Having moved back to Brisbane, dual-code legend Lote Tuqiri has sold his redundant Sydney home.</p>
<p>Tuqiri, who rose to prominence at the Brisbane Broncos, quietly sold his long-held Balmain home over the Christmas break.</p>
<p>It sold after being listed with $2.38 million hopes through Peter O'Malley at Harris Partners Real Estate Balmain.</p>
<p>He bought the Birchgrove Road home in 2004, just after he swapped codes to rugby union to play for the NSW Waratahs. It cost him $1,425,000.</p>
<p>The fully renovated Victorian has three bedrooms and two bathrooms. The master bedroom has a tiled terrace with harbour views, walk in wardrobe and ensuite.</p>
<p>French doors open from the living and dining space to an entertaining deck, also with views out over the harbour.</p>
<p>Tuqiri bought a luxury home in Yeronga in 2015, which prompted the $1,200 a week rental of his former Balmain residence.</p>
<p>He paid $1,825,000 for the three level, five bedroom Yeronga mansion with swimming pool. </p>
<p>He began his career up in Brisbane before he joined the NSW Waratahs for the next six years. Over this time he racked up 67 Test caps for the Wallabies.</p>
<p>The Fijian-born Australian winger moved back to rugby league after a short stint with the Leicester Tigers in England. In 2010 he joined the Wests Tigers.</p>
<p>His final club was South Sydney Rabbitohs, where he crowned his rather unusual career with a Premiership, his second after winning one in his second season with the Broncos.</p>
<p>He represented Australia in both rugby league and rugby union, as well as Fiji in rugby league.</p>
<p><em>This article first appeared in </em>The Sunday Telegraph. </p>
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Lote Tuqiri offloads long-held Balmain home

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<p>A former 1880s double-fronted store in Balmain has been listed for sale.</p>
<p>The <a href="https://www.realestate.com.au/property-terrace-nsw-balmain-127385690" target="_blank">landmark Beattie Street</a> residence with old-world character features a grand entry with a New Zealand kauri wooden central staircase.</p>
<p><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/2018/1/30/balmain2.jpg" alt=""></p>
<p>There's exposed California redwood beams through the home.</p>
<p>Set on 390 square metres, the 450 square metre home has four bedrooms and two bathrooms.</p>
<p>The open plan living and dining area opens to a stone-walled, private courtyard.</p>
<p>BresicWhitney agents Renae Dickney and Andrew Liddell are marketing the home for a February 24 auction.</p>
<p>It last traded for $910,000 in 1997.</p>
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Balmain former shop listed for $3.9 million

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<p>Former Queensland premier Peter Beattie and wife Heather have bought in East Balmain.</p>
<p>They have paid $3.1 m for a <a href="https://www.realestate.com.au/property/5-hart-st-balmain-east-nsw-2041" target="_blank">two-level contemporary house.</a></p>
<p>It follows his appointment to the ARL Commission mid-year and into the chairman's role early next year.</p>
<p>Last month they sold their home in Brisbane.</p>
<p>After the $2.19 million Wilston Queenslander-style sale, the Beatties will now divide their time between Sydney and their riverside apartment in the inner Brisbane suburb of Newstead.</p>
<p>Beattie, who is chair of the organising committee for next year’s Commonwealth Games, purchased the five-bedroom hilltop 1920s Wilston house for $310,000 in 1993.</p>
<p>Beattie, who was Queensland Premier from 1998 to 2007, then spending almost a decade in the USA, appears as a presenter on Sky News.</p>
<p> </p>
<p><span> </span></p>
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Former Queensland premier Peter Beattie buys in Balmain

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<p class="p1">The owners of the 7,300 sqm proposed Rozelle Village development at the site of the Balmain Leagues club are understood to be selling the site to another developer, in another chapter in its 11 year story.</p>
<p class="p1">Club officials have requested the new owners for the Tigers to be allowed to return to their home, according to the Inner West Courier.</p>
<p class="p1">Inner West Council mayor Darcy Byrne said he has written to the new buyer, Grand Rozelle Pty Ltd, a fully owned subsidiary of Heworth Investment.</p>
<p class="p1">The letter to Grand Rozelle Pty Ltd director, Yuhui He, has asked the company to reopen the car park behind the Club on Waterloo Street, to help local businesses and residents.</p>
<p class="p1">“There is an existing approval, which I achieved through Leichhardt Council, for 6 - 8 storey development of the site, which includes space for a new leagues club to be gifted to the Tigers. We know this scale of development stacks up financially because we paid for a firm to undertake a commercial viability study. I hope the new owner takes this approved development as the starting point,” Byrne said on his official Facebook page.</p>
<p class="p1">Back in 2012, property developer Pacific Investments had put up a ‘Rozelle Village’ proposal for the Balmain Leagues club site in Rozelle.</p>
<p class="p1">The revised proposal, which is double the size of the original plan that was rejected in 2010 because it was considered too big, had also prompted outrage from local activists.</p>
<p class="p1">Rozelle Village director Ian Wright had wanted to redevelop the site, which would include two multi-storey apartment towers.</p>
<p class="p1">However, the proposal was stalled in the Land and Environment Court.</p>
<p class="p1">The owners had appealed an earlier decision by a NSW government’s Joint Regional Planning Panel to reject the development, which also included a supermarket and shops.</p>
<p class="p1">It is understood the latest sale is yet to be finalised and the exchange period is underway.</p>
<p class="p1">“Previous State Government determinations as well as this year’s ruling by the Land and Environment Court make skyscrapers an impossibility on the site,” said Byrne.</p>
<p class="p1">“I hope the new owner simply accepts this and works constructively to replace the current eyesore with a good development that allows the Tigers to return to Rozelle.”</p>
<p class="p1">Greens State MP for Balmain Jamie Parker called on the new owner to open up community consultation about its plans for the site.</p>
<p class="p1">“The community welcomes the change of ownership for the Rozelle Village site and hopes this will provide the opportunity for a fresh start,” Parker said.</p>
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Balmain ­Leagues Club site will soon have a new owner

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<p>An 1898 mixed-use property with three shops and two apartments in Balmain has sold for $3.46 million.</p>
<p>Located at <a href="https://www.realestate.com.au/sold/property-house-nsw-balmain-126001966" target="_blank">328 Darling Street</a>, the property sold above its price expectations of $3.1 million, CoreLogic data shows.</p>
<p>It was set for an August 19 auction through McGrath.</p>
<p>is in a popular retail precinct and has good exposure to pedestrian traffic.</p>
<p>The shop facilities include spacious retail space, offices and storage.</p>
<p>The office/workshop has separate access via Little Darling Street</p>
<p>Both apartments have two bedrooms each and are located above the shops.</p>
<p>The property is close to cafes and near public transport.</p>
<p>It was sold through McGrath’s Kate Lorden and Mark Bowis.</p>
<p>Commercial property in Balmain has been a popular destination for investor and tenants alike.</p>
<p>Earlier this year, a row of five separate shops and three first-floor offices at <a href="https://www.realcommercial.com.au/property-retail-nsw-balmain-501801706" target="_blank">244-250 Darling Street</a> (below) were sold by Ray White. </p>
<p>The price expectations were $9.95 million but the selling price was $8.25 million, according to CoreLogic data.</p>
<p>The multi-sale previously fetched $7 million in 2006, CoreLogic data shows.</p>
<p><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/2017/08/18/Balmain-2.jpg" alt=""></p>
<p class="p1"><span style="font-size: 12.16px;">Another mixed-use retail asset at <a href="https://www.realcommercial.com.au/property-retail-nsw-balmain-502110094" target="_blank">287 Darling Street</a> was sold for $1,925,000 by LJ Hooker.</span></p>
<p class="p2"><span style="font-size: 12.16px;">The two-floor building was leased to long standing national tenant ''Seed Kids'' at the time of the sale.</span></p>
<p class="p2"><span style="font-size: 12.16px;"> <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/2017/08/18/Balmain-3.jpg" alt=""></span></p>
<p>In July, after-school and vacation care service OSHCare Pty Ltd leased into a heritage building at Balmain at 101 Mort Street, where an Australian cult movie was shot.</p>
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Mixed-use property in Sydney's Balmain changes hands for $3.46 million

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<p>Fractional property investing platform BrickX is set to launch its 13th property, a house in Sydney’s Balmain, following its largely successful recent property acquisitions.</p>
<p>BrickX, which divides each property it acquires into 10,000 units it calls ‘Bricks’ and offers them to investors, said the Balmain house is only the second house in Sydney after Annandale. </p>
<p>The initial ‘brick’ is priced at $140 each and investors can start pre-ordering from July 20.</p>
<p>Median house prices in Balmain have increased by 13 per cent per year over the five years to the end of April 2017, according to CoreLogic figures.</p>
<p>BrickX pointed to a survey it conducted in March where 55 per cent of its investors wanted to a house to invest in next. </p>
<p>The remaining nine properties in Sydney are units and the other three properties are in Melbourne.</p>
<p>The latest property at <a href="https://www.brickx.com/properties/BLM01/summary" target="_blank">24 Clayton Street</a> is a three-bedroom, one-bathroom house with high ceilings, hardwood floors and a private, landscaped courtyard. </p>
<p>The selling price of the house was $1,830,000, according to Corelogic RP Data. It previously transacted in 2013 for $1,287,000.</p>
<p>CEO Anthony Millet said he expected the property to be popular with investors looking for exposure to the sought-after residential real estate market in Sydney’s inner-west. </p>
<p>“We’re thrilled to provide access to this architect-designed freestanding cottage in Balmain at an entry price of $140 per Brick,” Millet said. </p>
<p>“Balmain offers an enviable lifestyle surrounded by water and parkland. It’s less than six kilometres from the Sydney CBD and is known for its great pubs, café culture and boutique shopping strip.” </p>
<p>CoreLogic head of Research Tim Lawless, who also sits on the BrickX adviser panel, said there is strong demand for properties close to the city that offer a village lifestyle. </p>
<p>“Balmain has a strong rental market which has contributed to ongoing low vacancy rates and high demand. With convenient access to the CBD via bus and ferry, the area is particularly popular with professional couples and families.”</p>
<p>BrickX, which released its six-monthly valuations last week, said the Annandale house rose in value by 7.4 per cent in the last six months. </p>
<p>“When you take into account the acquisition costs and cash reserve, the Brick Valuation in Annandale has increased 8.81 per cent to $112.84,” it said in a media release.</p>
<p>Since launching in September 2016, BrickX has over 6,000 active members with the median sale time of ‘Bricks’ sitting at around eight hours. </p>
<p>Investors can also part-own its properties in in Manly, Potts Point, Surry Hills, Darlinghurst, Bondi Beach, Double Bay, Mosman, Enmore and Annandale in Sydney, and Brunswick West, Port Melbourne and Prahran in Melbourne. </p>
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BrickX to offer Balmain house to investors for $140 per 'brick'

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<p class="first-para">The Australian cricket captain Steve Smith has secured his third acquisition on the Balmain peninsula.</p>
<p>It is a <a href="https://www.realestate.com.au/sold/property-house-nsw-birchgrove-125276678" target="_blank">dilapidated three-bedroom Birchgrove cottage</a> that cost $1.95 million when bought from architect David Gole through Danny Cobden, of Cobden &amp; Hayson.</p>
<p>The free-standing Victorian house was marketed as a, “vintage treasure ripe for reinvention”  set on its 200 square metre Birchgrove Road holding.</p>
<p>Last year he bought a $2 million Balmain East knockdown then added a $1,345,000 investment townhouse in the Tin Sheds, Beattie Street, Balmain conversion.</p>
<p>He retains his abode as apartment with ocean views in Coogee, which he bought in 2011 for $1.75 million.</p>
<p>He purchased a one bedroom plus study apartment with courtyard in the recently complete Jameson complex in Sans Souci late last year.</p>
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Australian cricket captain Steve Smith buys in Birchgrove

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<p>Media personality Angela Catterns and music composer partner, Charlie Chan, have sold their 1915 Balmain warehouse space.</p>
<p>It sold quietly off market for $2.5 million after the couple paid $1.93 million in 2015.</p>
<p>The purchase followed the sale of their Balmain terrace, Glendarra, an 1897 freestanding Victorian terrace with water views for $3.1 million.</p>
<p>The 278 sq m warehouse bought from Brendan McAssey's childcare company has now been bought by companies associated with cosmetic physician Peter Bakaric and Richard Abrahams.</p>
<p>Cattern's plans for the vacant shell was to convert the warehouse into a residence with a music and recording studio.</p>
<p>This article first appeared in the Daily Telegraph.</p>
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