Builder-developer ALAND has drawn back the curtain on its first city-focused new apartment development.

The North Sydney development, <a href="https://www.apartments.com.au/new-apartments/the-walden-north-sydney-173-179-walker-street-north-sydney-nsw-2060">The Walden</a>, is the first time the company has ventured this close to the city, having previously completed thousands of apartments predominantly in Sydney's west, and more recently in Gosford.

<a href="https://www.apartments.com.au/developers/aland">ALAND</a> acquired the prime North Sydney site, spanning Walker and Hampden Streets just down the road from the Victoria Cross Metro station, for $240 million in June.

Now they've unveiled the new project, a mix of one-, two-, three- and four-bedroom apartments across a 30-level building designed by Rothelowman.

[smartcode_project:default project_id=134323 project_image_fid=6384]

The Walden will capitalise on the site’s front-row position on the eastern fringe of the <a href="https://www.apartments.com.au/developments/north-sydney-nsw-2060">North Sydney</a> CBD, which offers uninterrupted Sydney Harbour views stretching from the Sydney Harbour Bridge all the way to Sydney Heads.

The main tower will be flanked by a small four-level amenity building known as The Pavilion, offering exclusive resident-only amenities including a dedicated concierge service, a sauna and private wellness studio, a gymnasium and fitness studio, a resort-style rooftop pool and sundeck.

There will also be a&nbsp;residents’ lounge, private dining and a wine cellar, and co-working facilities with an on-site meeting room and boardroom.

&nbsp;

&nbsp;

[smartcode_project:default project_id=134323 project_image_fid=6382]

ALAND Founder Andrew Hrsto said the company knew they could create something "iconic" with The Walden when they saw the site.

&nbsp;

“As a company, we had been searching for a site in one of Sydney’s blue-chip locations, spanning the Eastern Suburbs, the Sydney CBD and the North Shore, and when we had the opportunity to purchase this site, we immediately recognised that it could be something iconic – being the last development with a view offering this exceptional.

“We identified the attributes and quality of the site as being perfectly aligned for ALAND – and we feel that this off-market acquisition is a perfect opportunity to showcase our craftmanship and expertise through a truly unique offering."

[smartcode_project:default project_id=134323 project_image_fid=6399]

Hrsto pointed to ALAND’s longstanding development expertise as a significant benefit in delivering a positive outcome for The Walden.

“Being a fully integrated development and construction business with a highly experienced team, we have the benefit of in-house experts across the development spectrum, from acquisitions, design, planning, and construction, to sales, marketing, property management, through to building management.

“As one of Australia’s largest private development and construction groups, we’ve been in operation for 23 years, with a Gold Star iCIRT rating and a 100 per cent delivery success rate across numerous masterplanned and mixed-use projects – and we’re very much looking forward to bringing this expertise to The Walden and contributing to the ongoing revitalisation of North Sydney."

The Walden is the latest development in Sydney to have the 10-year Latent Defects Insurance policy by Resilience Insurance, protecting buyers from any structural or waterproofing-related issues for 10 years post-completion.&nbsp;

Demolition of existing structures on The Walden site has already commenced through specialist civil contractor Moits, with the aim of completing preparatory ground works by the end of 2025, ahead of construction commencement in early 2026.

[smartcode_project_cta:default project_id=134323]

Joel Robinson

ALAND unveils The Walden, North Sydney's latest luxury apartment development

<a href="https://www.apartments.com.au/developers/toga-group">TOGA</a> has opened sales for the final building in Macquarie Rise, its latest mixed-use development in Macquarie Park.

Since launching its <a href="https://www.apartments.com.au/new-apartments/macquarie-rise-122-herring-road-macquarie-park-nsw-2113">Macquarie Rise</a> in late 2023, TOGA has secured over 125 sales in the Herring Road development, to a range of purchasers, from first home buyers to investors and downsizers. Around 65 per cent of purchasers have been owner-occupiers.

TOGA has now launched a new release of one-, two-, and three-bedroom apartments in the final building, Saunders Rise. Many of the apartments feature multi-purpose rooms and offer views of the surrounding greenery. Also part of the release is a series of&nbsp;sub penthouses housed on the upper floors.

[smartcode_project:default project_id=89243 project_image_fid=242696]

&nbsp;

“We’re delighted with the ongoing strong interest in our Macquarie Rise development, which is testament to the need for premium housing in this much-loved Sydney suburb,"&nbsp;Allan Vidor AM, Managing Director at TOGA, said.

"We’re proud to be able to offer buyers a unique product that includes luxury amenities, spacious living areas and flexible layouts, designed to suit all kinds of buyers, from young professionals to families and investors.

“We have long been advocates of Macquarie Park, and once Macquarie Rise is complete, TOGA will have built 1,000 apartments in the area, delivering much needed homes within a thriving precinct. It’s great to see the area become renowned for high-quality apartments, proximity to amenities and green spaces."

TOGA, one of Australia’s few Gold Star iCIRT rated developers, is also handling construction of Macquarie Rise. They are on track to complete the building in 2027.

[smartcode_project:default project_id=89243 project_image_fid=310789]

Macquarie Rise boasts a prime location, placing residents within immediate reach of Macquarie Centre, Macquarie University, and the newly completed Macquarie University Metro, connecting to the Sydney CBD is just over 20 minutes.

&nbsp;

Macquarie Rise residents also have access to Club Rise, an exclusive, residents only lounge designed by luxury hotel designers Stack Studio, offering an abundance of work and break-out areas, a Pilates studio, a gym, and a karaoke room. As well as these premium amenities Macquarie Rise will also feature an impressive podium top 20m lap pool.

[smartcode_project:default project_id=89243 project_image_fid=242695]

“Offering luxury, spacious apartments in a vibrant and well-connected neighbourhood, it’s no surprise that Macquarie Rise remains popular with a range of buyers," said TOGA's General Manager of Sales, Anthony Falas.&nbsp;

"With interest rates tracking downwards, we expect the final apartments to continue to receive high levels of interest.”

Located at 122 Herring Road, Macquarie Park, the development will be delivered in partnership with Baptist Union NSW and Morling College with a value of over $400 million.

&nbsp;

[smartcode_project_cta:default project_id=89243]

TOGA launches final stage apartments in Macquarie Rise

Southern Cross Station anchors the western end of <a href="https://www.apartments.com.au/developments/melbourne-vic-3000">Melbourne</a>’s CBD, connecting metropolitan and regional rail with tram and bus interchanges in one of the city’s busiest transport corridors.&nbsp;

Just metres away, <a href="https://www.apartments.com.au/new-apartments/640-bourke-street-melbourne-640-bourke-street-melbourne-vic-3000">640 Bourke Street</a>&nbsp;will place residents in the heart of the city, with immediate access to Spencer Street trams, a growing mix of retail, hospitality and cultural venues, and a neighbourhood evolving into a lively residential precinct.

Developed by <a href="https://www.apartments.com.au/developers/far-east-consortium">Far East Consortium</a>, the 68-level project integrates a sculptural glass tower with the heritage-listed Eliza Tinsley Building on a 2,765 sqm Bourke St site.&nbsp;

[smartcode_project:default project_id=509 project_image_fid=335425]

Designed by <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a>, the development replaces a previously approved scheme for 813 apartments with a refined offering of just over 600 larger-format residences, responding to a growing owner-occupier demand for spacious city living.

The location sits within a dynamic pocket undergoing significant transformation. Marvel Stadium and the Docklands waterfront are less than 10 minutes away on foot, offering both sports and leisure attractions.&nbsp;

Bourke Street Mall, Queen Victoria Market, and the State Library are all within walking distance, while Flagstaff Gardens, Melbourne’s oldest park, provides a green escape just to the north.

&nbsp;

[smartcode_project:default project_id=509 project_image_fid=335422]

Proximity to some of the city’s largest employers and education hubs, including the courts precinct, legal chambers, RMIT, and major hospitals, makes 640 Bourke Street an appealing residential address for professionals, families and students alike.

Education opportunities span all levels. Nearby, Haileybury City Campus offers private schooling just a short walk from 640 Bourke Street. Just beyond the CBD fringe, Carlton Gardens Primary School, one of Melbourne’s oldest state primary schools, and Docklands Primary School provide convenient government schooling options.

Higher education is equally accessible. RMIT University’s city campus spans multiple buildings just a few blocks away, while the University of Melbourne’s Parkville campus is easily reached via tram along Swanston or Elizabeth Streets.

Victoria University’s City Queen campus, focused on law and business, is also close by, positioning 640 Bourke Street within walking distance of three of Melbourne’s major tertiary institutions.

[smartcode_project:default project_id=509 project_image_fid=335426]

The neighbourhood’s retail tapestry continues to evolve into something distinctly local and walkable. Just steps away, Woolworths Metro on Bourke Street ensures that everyday essentials are easily within reach.&nbsp;

For larger shopping trips, Spencer Outlet Centre on Spencer Street and QV Melbourne on the opposite side of the CBD broaden the offering with supermarkets, fashion, dining and specialty stores.

The lane-to-lane vibe unfolds beautifully in nearby arcades and alleys. Hardware Lane, with its European-style red-brick paving and alfresco dining, pulses with jazzy evenings and casual lunches.

A few minutes north, Howey Place and Centre Place offer leafy, boutique-lined lanes where hidden cafés and niche retailers congregate under historic glass-covered cloisters.

Completing this tapestry is the newly opened Mecca “beauty playground” on Bourke Street. Spanning 4,000 sqm over three levels, the flagship blends immersive retail within an art-deco heritage setting.

&nbsp;

[smartcode_project:default project_id=509 project_image_fid=335427]

This finely grained network of shops, eateries, arcades and service outlets defines the everyday lifestyle at 640 Bourke Street - further enriched by over 3,000 sqm of resident amenity including a Turkish-inspired pool, gym, co-working rooms and private cinemas.&nbsp;

Apartments are priced between&nbsp;$640,000 and $3.95 million. Off the plan stamp duty concessions available until October 2026. Prospective buyers can visit the on site display gallery which has&nbsp;fully built one, two, and three-bedroom apartments.

[smartcode_project_cta:default project_id=509]

640 Bourke Street: A heritage address at the heart of Melbourne

Lower North Shore development specialists&nbsp;<a href="https://www.apartments.com.au/developers/abadeen-group">Abadeen</a>&nbsp;has topped out its new local apartment development,&nbsp;<a href="https://www.apartments.com.au/new-apartments/northcote-collective-naremburn-2-6-northcote-street-naremburn-nsw-2065">Northcote Collective</a>.&nbsp;

Located in the tightly held suburb of <a href="https://www.apartments.com.au/developments/naremburn-nsw-2065">Naremburn</a>, Northcote Collective is a collection of just 58 one-, two-, and three-bedroom apartments designed by award-winning architects Rothelowman.&nbsp;

The building is just a five to 10 minute walk from the heart of Crows Nest and the new&nbsp;St Leonards and Crows Nest Metro stations. Abadeen has also brought doorstep convenience, with a ground-floor retail offering on Northcote Street.

Northcote Collective is being delivered by&nbsp;<a href="https://www.apartments.com.au/builders/decode">Decode</a> — an iCIRT-rated construction company well regarded in the new development industry.

[smartcode_project:default project_id=114189 project_image_fid=272840]

“This is an important and exciting moment for Northcote Collective, and we’re proud to celebrate this milestone with our partners, consultants, and future residents,” said Justin Brown, Executive Chairman and Founder of Abadeen.&nbsp;

“From the outset, our vision was to create something truly special for Naremburn — homes that respect the character of the neighbourhood while elevating the standard of Lower North Shore living. With connectivity to transport, retail on the doorstep and a true village lifestyle, this milestone also comes at a perfect time when buyer confidence is returning to the market. I am incredibly proud of our team and of Decode for their dedication in helping us bring this vision to life.”

[smartcode_project:default project_id=114189 project_image_fid=272865]

The development is two-tiered, with two rooftops for residents. The taller building has an impressive rooftop pool, a rare inclusion in the new Sydney apartment market. The level, with panoramic views, also includes an entertaining terrace with barbecue facilities.

Local downsizers and young professionals are showing the strongest interest in the development, with recent improvements in the property market — supported by three rate cuts in 2025 — boosting borrowing power and buyer confidence.

Auction activity across Sydney surged by almost 30 per cent in recent weeks, with clearance rates above 70 per cent — signalling a renewed wave of buyer demand.

Northcote Collective will welcome buyers in 2026.

[smartcode_project_cta:default project_id=114189]

Abadeen tops out Northcote Collective in Naremburn

Sunshine Coast-based <a href="https://www.apartments.com.au/developers/devcon-property-group">Devcon Property Group</a> has acquired one of Maroochydore’s most prominent development sites for $12 million unlocking the potentialfor a mixed-use project in the Cotton Tree precinct.

&nbsp;

The 4,178 sqm site at 41–43 Aerodrome Road—well known locally as the former home to one of Australia’s last Sizzler restaurants—was sold via an off-market expressions of interest campaign by Colliers agents Nick Dowling and Baydn Dodds. More than 70 targeted buyer groups were approached, resulting in multiple competitive offers for the property.

Devcon Property Group Managing Director Michael Kain said the acquisition was a strategic move in line with the company’s focus on delivering high-quality projects in prime coastal locations.&nbsp;

“We’re excited about the possibilities this site, in one of the Sunshine Coast’s most iconic beachside &nbsp;communities, offers for a broad range of development outcomes,” Kain said.

“Its location, ocean view potential, and proximity to the Maroochydore CBD and beach make it an &nbsp;outstanding development prospect. Our plans are to refurbish the existing building and then review &nbsp;development options for the remainder of the site.”&nbsp;

<img alt="Aerodrome Rd site overlooking Beach (Large)" data-entity-type="file" data-entity-uuid="a29dc4ed-68c1-4bec-a4fc-283063dcde1e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Aerodrome%20Rd%20site%20overlooking%20Beach%20%28Large%29.jpg?VersionId=b0WxJWevmLoAfCP4YvGImZpR3rSCJJ9L" />

Colliers Special Projects Manager Baydn Dodds said the sale reflected the ongoing strength of the &nbsp;Sunshine Coast’s development site market, particularly for projects capable of achieving water views. &nbsp;

“Sites of this scale, in walkable beachside locations with ocean views, are tightly held and continue to attract significant interest from both local and national developers,” Baydn Dodds said. &nbsp;

“Holding a prominent position as the former home to one of Australia’s last Sizzler restaurants and more recently occupied by Rashays, the prime site is located just 150 metres from Maroochydore Beach.&nbsp;

“With stunning ocean view potential, located in one of the Sunshine Coast’s best known iconic &nbsp;beachside communities, within steps of shops, cafes and the beach it is no surprise that there was strong interest in the site. The transaction highlights the ongoing depth of demand for well-located &nbsp;mixed-use sites across the Sunshine Coast.”&nbsp;

Colliers Sunshine Coast Managing Director Nick Dowling said the transaction reinforced the &nbsp;Sunshine Coast’s status as one of Australia’s most active development markets.&nbsp;

“The combination of strong population growth, lifestyle appeal, and infrastructure investment is &nbsp;driving demand for quality development opportunities,” Nick Dowling said. &nbsp;

“The Sunshine Coast is one of only three markets nationally to record an increase in crane numbers, &nbsp;reflecting the strength of the region’s construction pipeline.&nbsp;

“Opportunities like this are rare and continue to generate strong buyer interest in the region.”&nbsp;

The Sunshine Coast development market is booming, with several high-profile developers like Cube Developments, Gardner Vaughan Group, and RCQ, planning developments in the region.

Devcon buys Sunshine Coast’s former Sizzler site for new apartment development

Bayview

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La Joie de Vivre, the Bayview mansion that was the first house to be used on Australia's The Bachelor television series, has finally been sold after 622 days on the market.
The larger-than-life home was where chiropractor Tim Robards found love with Anna Heinrich.
The grand Minkara Road home <a href="/news/bayviews-la-joie-de-vivre-record-price-falls-back">last traded for $7.05 million in 2016</a> when it was sold by retired transport magnate Greg Poche and his wife Kayvan.
They made a substantial loss on the Minkara Road property, having paid $10 million back in 2003. 
The current longtime vendors are freight tycoon Clive Thomas and wife Lee, apparently secured around $9 million late last week.
They bought it when they were moving to Sydney where their company, C.T. Freight is headquartered, but have since returned to the Gold Coast.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/3/20/Bay2.jpg" alt="">
When it sold in 2016, the then selling agency RED Property <a href="/news/red-property-donate-bayview-bachelor-home-sale-commission-to-charity">donated their $141,000 commission to charity</a>.
But no such generosity from the current agent Darren Curtis.
The vast French provincial-style mansion is inspired by the grand chateau's of the Loire Valley.
La Joie de Vivre sits on a private 4,090 sqm landholding with views across Pittwater to the ocean from its three levels and its sandstone terraces.
It is appointed with 24-carat gold filligree balustrades, parquet floors and arched French windows.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/3/20/Bay3.jpg" alt="">
The home has six bedrooms, six bathrooms, a six car garage, a library, home gym and a temperature controlled wine cellar and tasting room.
Outside there's a commercial grade kitchen, resort-style pool, championship tennis court and a guest cottage.
Apparently there were mutiple parties interested despite is having lingered sadly unwanted for so long.
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Bayview's La Joie de Vivre, the original Bachelor house, finally sells

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A Bayview property, with water views across the Ku-ring-gai Chase parkland, has been listed for sale.
Located at 8 Barcoola Place, the residence is situated on a vast 5,980 square metre block.
It features six bedrooms, four bathrooms, a large pool, tennis court, double garage, and outdoor terrace.
The house has 340 square metres of internal floorspace.
Due to the ongoing coronavirus crisis, the asset can be viewed via an online virtual tour.
Built in 1980, it previously sold in 2002 for $11,680,000
Ben McNamara and Sasha de Bilde, from Stone Real Estate Mona Vale, has the listing.
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wdavis-8cCN98p7xp

Bayview house on six hectare block listed for sale

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A Bayview, Northern Territory mortgagee home has been sold at auction for $472,000.
The townhouse last sold for $770,000 in 2013.
As a result this current sales marks a $298,000 loss for the vendors.
George Vrodos of Property Shop marketed the property.
Situated at 3/7 Latrobe Street, Bayview, the abode was previously listed on market for varying durations in 2016/17 seeking $740,000.
The three bedroom two bathroom townhouse sold at auction on October 5.
It was listed as a rental in 2010 and 2012 seeking $650 per week.
Featuring a paved yard and a pool, the home is located in a small complex of three.
Set on 420 square metres, the abode was built in 2004.
<a href="https://www.propertyobserver.com.au/subscribe" target="_blank"><img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/1/Subscriber%20strip%20ad.jpg" alt=""></a>
The median sale price for a home in <a href="/developments/bayview-nt-0820">Bayview, NT</a> is $366,000, according to the latest CoreLogic data.
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j.ballantyne1990-6AQqhLzZaK

Bayview, NT mortgagee home sold for $300,000 loss

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La Joie de Vivre, the Bayview mansion that was the first house to be used on Australia's The Bachelor, has been listed for sale.
The larger-than-life home was where chiropractor Tim Robards found love with Anna Heinrich.
The grand Minkara Road home <a href="/news/bayviews-la-joie-de-vivre-record-price-falls-back">last traded for $7.05 million in 2016</a> when it was sold by retired transport magnate Greg Poche and his wife Kayvan.
They made a substantial loss on the property, having paid $10 million back in 2003. 
The current vendors are freight tycoon Clive Thomas and wife Lee, who were moving to Sydney where their company, C.T. Freight is headquartered.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/3/20/Bay2.jpg" alt="">
When it sold in 2016, the then selling agency RED Property <a href="/news/red-property-donate-bayview-bachelor-home-sale-commission-to-charity">donated their $141,000 commission to charity</a>.
The vast French provincial-style mansion is inspired by the grand chateau's of the Loire Valley.
La Joie de Vivre sits on a private 4,090 sqm landholding with views across Pittwater to the ocean from its three levels and its sandstone terraces.
It is appointed with 24-carat gold filligree balustrades, parquet floors and arched French windows.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/3/20/Bay3.jpg" alt="">
The home has six bedrooms, six bathrooms, a six car garage, a library, home gym and a temperature controlled wine cellar and tasting room.
Outside there's a commercial grade kitchen, resort-style pool, championship tennis court and a guest cottage.
Christie's International agent Darren Curtis is <a href="https://www.realestate.com.au/property-house-nsw-bayview-130787558" target="_blank">marketing the home</a> as one of the Northern Beaches grandest residences. 
Curtis is pointing to other local sales:
6 Captain Hunter Road $10.8m
6 Cabarita Road $12.95m
76 Hudson Parade $12m
1740 Pittwater Road $10,98
1792 Pittwater Road $9.25m
1756 Pittwater Road $7.75m
 
 
 
 
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Bayview's La Joie de Vivre, the original Bachelor house, is back for sale

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The Dawson twin brothers shared the same Sydney neighbourhood in the early 1980s.
It was during the time when Lyn Dawson, the wife of the recently charged Chris Dawson, went missing in 1982.
The brothers owned in Bayview just two doors from each other on Gilwinga Drive — Chris at number 2 (pictured above) and Paul at 6 (pictured below).
<img src="https://www.urban.com.au/images/2018/12/13/Bayview%206.JPG" alt="">
The Dawsons each bought more than 4000 sqm of land on a Cambridge Credit housing subdivision to build large homes, which were completed around 1980.
Chris and Lyn paid $33,500 for their 4165 sqm parcel in 1976. Paul had paid $31,500 for 4060 sqm the same year, when with wife Marilyn they moved from the nearby Warriewood.
Both their wives were registered on the title. Chris transferred the property solely into his ownership in 1984, pursuant to court orders.
It was the same year Paul and Marilyn sold for $295,000. In 1986 Chris then sold his home for $285,000.
Paul’s former home last sold for $2.05 million in 2015, while Chris’s one-time house fetched $2.4 million just last year.
This article was first published in the Sunday Telegraph.
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Dawson twins both had homes at Bayview in the early 1980s

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A resort-style home in Sydney’s northern beaches has been listed for sale. 
It has been offered by Ray White Palm Beach agent Noel Nicholson with a price guide of $8.2 million to $9 million.
Positioned across a 1,517 square metre parcel of land, the 610 square metre home at <a href="https://www.realestate.com.au/property-house-nsw-bayview-129889666" target="_blank">1903-1905 Pittwater Road, Bayview</a> comes with six ensuite bedrooms, stone-topped kitchen, multiple living/dining zones, games/sports room and home theatre.
<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/2018/12/3/bayview%202.jpg" alt="">
Other features include alfresco terrace, lush lawns, wine cellar, mosaic tiled pool, and triple garage.
John and Jenny Bassetto secured the 1,517 square metre parcel of prime land to create their dream home.
The couple recruited architect Paris Spana to design a six-bedroom, six-bathroom double-storey home which takes full advantage of the spectacular Pittwater 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/2018/12/3/bayview%203.jpg" alt=""> 
Nicholson said he’s been blown away by the early level of interest in this extraordinary property.
“Having said all that, this house is designed for raising a family and enjoying the privacy and quiet of just sitting and looking at the view of kayaks, boats and paddle boarders or the stunning outlook down to Lion Island,” he said.
“Architecturally designed to take full advantage of a level double block and spectacular Pittwater views, this is a remarkable residence by every standard.”
The suburb's median house price sits at <a href="/developments/bayview-nsw-2104">$1.9 million</a>, according to CoreLogic. 
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Resort-style Paris Spana-designed Bayview trophy home

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Walker House, the luxury Bayview home of Chinese property developer Richard Gu, has new owners. It sold just hours before its scheduled recent mid-week auction.
Gu had paid $7.95 million for the home less than 12 months ago.
Walker House, completed under the ownership of the Walker family in 2007, had an $8.5 million guide through LJ Hooker Avalon agent Claudio Macolongo who was under instructions not to reveal the price or buyer.
The home with a 20 metre wet edge pool and championship size tennis court was based largely on the groundbreaking 1946 Kaufmann House in Palm Springs, California.
It has five bedrooms, five separate living zones, a gym, steam room and spa. Walker House was influenced by the designs of Richard Neutra and Frank Lloyd Wright.
This article was first published in the Saturday Daily Telegraph.
  
 
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jchancellor-FAypfDUnLy

Richard Neutra-inspired Walker House, Bayview sold

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Walker House, the contemporary coastal Bayview home influenced by the designs of Richard Neutra and Frank Lloyd Wright, is set to be traded for the second time in just over 12 months.
Set high within bushland with views across Pittwater, the striking five bedroom home swathed in glass has five separate living zones including a library, office, cinema and rumpus room.
Having set a street record when it sold early last year for $7.95 million, <a href="https://avalon.ljhooker.com.au/house-in-bayview-nsw-2104-au-mz8f58#.WqXNcZNuYWo" target="_blank">the Lentara Road home</a> was designed with modernist lines, synonymous with influential American architects.
The home was based largely on the groundbreaking 1946 Kaufmann House in Palm Springs, California.
It was completed in 2007 when under the ownership of the Walker family, who paid $1.4 million for the 4,140 sqm land parcel in 2001.
Greg and Karen Walker commissioned Northern Beach architect Ray Fitz-Gibbon.
The Walker's sold the newly completed home for $5 million in 2009.
A decked terrace features a 20 metre wet edge lap pool and spa, while a championship size tennis court sits on the parcel. 
There's a gym and a steam room.
LJ Hooker Avalon Claudio Marcolongo, who is taking offers until May 22, says north facing properties of this quality, dimension and pedigree are rare.
It has a guide of $8.5 million.
It has been listed surplus to its Chinese entrepreneur's needs.
This article first appeared in The Weekend Australian.
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Walker House, Bayview set for second sale in just over a year

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The former City of Sydney lord mayor Nelson Meers and his wife Carole are set to emerge as Point Piper buyers.
It is set to be be registered at $16 million, a tad higher than Domain's estimate of $15 million plus.
The purchase followed their Bayview home sale six months ago for $4.55 million.
Set on Buckhurst Avenue, the harbour front apartment was an investment for John Roth and his wife Jillian Segal, who bought it new in 2011 for $11.6 million.
The deal was done by LJ Hooker agent Bill Malouf.
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Nelson Meers' $16 million Point Piper purchase

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Bayview is the most expensive locality in Northern Territory to purchase a house, according to a recent Investar report.
The property investment report says that the median price of a four bedroom house in Bayview is $900,000.
This is followed by Muirhead with $725,000 and Humpty Doo and Lyons with $700,000.
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Suburb
</td>
<td valign="top" width="64">
Postcode
</td>
<td valign="top" width="70">
Bedrooms
</td>
<td valign="top" width="122">
Current median price
</td>
</tr>
<tr>
<td valign="top" width="99">
Bayview
</td>
<td valign="top" width="64">
0820
</td>
<td valign="top" width="70">
4
</td>
<td valign="top" width="122">
$900,000
</td>
</tr>
<tr>
<td valign="top" width="99">
Muirhead
</td>
<td valign="top" width="64">
0810
</td>
<td valign="top" width="70">
4
</td>
<td valign="top" width="122">
$725,000
</td>
</tr>
<tr>
<td valign="top" width="99">
Humpty Doo
</td>
<td valign="top" width="64">
0836
</td>
<td valign="top" width="70">
4
</td>
<td valign="top" width="122">
$700,000
</td>
</tr>
<tr>
<td valign="top" width="99">
Lyons
</td>
<td valign="top" width="64">
0810
</td>
<td valign="top" width="70">
4
</td>
<td valign="top" width="122">
$700,000
</td>
</tr>
<tr>
<td valign="top" width="99">
Howard Springs
</td>
<td valign="top" width="64">
0835
</td>
<td valign="top" width="70">
3
</td>
<td valign="top" width="122">
$672,500
</td>
</tr>
<tr>
<td valign="top" width="99">
Johnston
</td>
<td valign="top" width="64">
0832
</td>
<td valign="top" width="70">
4
</td>
<td valign="top" width="122">
$629,000
</td>
</tr>
<tr>
<td valign="top" width="99">
Farrar
</td>
<td valign="top" width="64">
0830
</td>
<td valign="top" width="70">
4
</td>
<td valign="top" width="122">
$600,000
</td>
</tr>
<tr>
<td valign="top" width="99">
Durack
</td>
<td valign="top" width="64">
0830
</td>
<td valign="top" width="70">
4
</td>
<td valign="top" width="122">
$599,000
</td>
</tr>
<tr>
<td valign="top" width="99">
Rosebery
</td>
<td valign="top" width="64">
0832
</td>
<td valign="top" width="70">
4
</td>
<td valign="top" width="122">
$590,000
</td>
</tr>
<tr>
<td valign="top" width="99">
Karama
</td>
<td valign="top" width="64">
0812
</td>
<td valign="top" width="70">
4
</td>
<td valign="top" width="122">
$572,500
</td>
</tr>
</tbody></table>
<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/2017/04/19/rsz_3_perth_street_bayview_nt_0820___house_for_sale__122084038___realestatecomau.jpg" width="700" height="425">
A four bedroom house at <a href="https://www.realestate.com.au/property-house-nt-bayview-122084038" target="_blank">3 Perth Street</a>, Bayview (above) has been listed for $925,000.
Similarly a four bedroom house at <a href="https://www.realestate.com.au/property-house-nt-bayview-121962614" target="_blank">21 Latrobe Street</a>, Bayview (below) has been listed for over $950,000.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/04/19/21%20Latrobe%20Street.jpg" alt="">
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