A new 25-storey apartment tower proposed for Mercer Street would push Geelong’s western gateway skyline higher, with Morphy Birrell Property Group lodging plans for a project directly beside one of the city’s most significant heritage streetscapes.

The <a href="https://www.apartments.com.au/architects/fk-australia">FK</a>-designed development at <a href="https://www.apartments.com.au/new-apartments/65-67-mercer-street-geelong-vic-3220">65-67 Mercer Street</a> has now been referred to Victoria’s Planning Minister. The site sits opposite the Geelong rail corridor and immediately south of the heritage-listed St Peter and Paul’s Catholic Church and Ashby Hall precinct.

Rather than compete with the neighbouring ecclesiastical buildings, the proposal adopts a sculpted podium intended to reference the materiality and scale of the heritage context. Planning documents note the design draws cues from the “dark stone brick” church and surrounding masonry buildings, while the tower above transitions into a softer, curved form oriented toward Corio Bay and the Geelong waterfront.

<img alt="First look: Morphy Birrell Property Group targets 25-storey Geelong tower beside landmark church precinct" data-entity-type="file" data-entity-uuid="b797d10c-d4a6-47af-b8df-1aeaa3b382be" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/public%20square.png?VersionId=QGIpcz1x1hKB6lQLl2iobyHqb6PS2Ztc" />

The development forms “Stage 5” of Morphy Birrell Property Group’s broader Mercer Street precinct strategy, following the completion of the 21-storey Miramar tower on Cavendish Street and several additional approved redevelopment stages nearby. Planning consultants Ratio said the proposal “represents an exemplary development outcome” aligned with the strategic ambitions for Central Geelong’s continued urban renewal.

The mixed-use project would replace an existing low-rise commercial building and surface parking area on the 3,320 sqm corner site. FK’s urban context report describes the proposal as a residential development comprising apartments, resident amenities, commercial space, and integrated landscaping positioned to maximise bay views and northern sunlight access.

Renders show a deeply articulated tower with curved balconies stepping above a lower masonry podium that frames a landscaped forecourt facing Mercer Street. The design intentionally preserves sightlines toward the adjacent church buildings, with the podium scaled to reinforce the heritage edge before the tower recedes upward.

<img alt="First look: Morphy Birrell Property Group targets 25-storey Geelong tower beside landmark church precinct" data-entity-type="file" data-entity-uuid="2bdca91e-66f7-4ac7-8baa-2f93bd5b564e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/geelong%20site.png?VersionId=QOhbino4ZgzKYw5dW3QE14E.2yq.Sv87" />

The planning report highlights the site’s strategic location within 400 metres of key Geelong destinations including Cunningham Pier, the Geelong Station precinct, Deakin University, and the convention centre. Bus services run directly along Mercer Street, while the Corio Bay foreshore sits around 100 metres north of the site.

The proposal arrives amid accelerating redevelopment across central Geelong, where planning policy continues to encourage higher-density housing close to transport infrastructure and the waterfront. Mercer Street in particular has emerged as a focal point for taller apartment development due to its proximity to Geelong Station, the bay, and major civic infrastructure.

Joel Robinson

Morphy Birrell Property Group targets 25-storey Geelong tower beside landmark church precinct

Development giant&nbsp;<a href="https://www.apartments.com.au/developers/hamton">Hamton</a> and joint venture partner Hostplus have revealed the next residential stage of their $3 billion Moonee Valley Park masterplan, lodging plans for 512 more apartments within the precinct on surplus racecourse land at 110 Wilson Street, Moonee Ponds.

The proposed development, dubbed&nbsp;<a href="https://www.apartments.com.au/new-apartments/trackside-house-110-wilson-street-moonee-ponds-vic-3039">Trackside Gardens</a>&nbsp;in the planning application, follows the <a href="https://www.apartments.com.au/news/vic/first-look-exclusive-hamton-and-hostplus-reveal-sixth-stage-of-moonee-valley-park-masterplan">recent unveiling of the sixth-stage Cox Place Precinct</a> and continues the long-running transformation of the Moonee Valley Racecourse into one of Melbourne’s largest urban renewal projects.

Positioned on the north-eastern edge of the racecourse adjacent to CityLink, Trackside Gardens will comprise three residential buildings rising between 61.8 metres and 86.4 metres within a heavily landscaped precinct shaped by Hamton’s Nature Based Cities framework.

The project forms part of the broader Moonee Valley Park redevelopment being delivered by Hamton, Hostplus and the Moonee Valley Racing Club, which is reshaping the 40-hectare racecourse site into a mixed-use neighbourhood with housing, retail, commercial space, hotels, parkland and community infrastructure.

Trackside Gardens sits separately to the recently proposed Cox Place Precinct, a five-building stage comprising around 1,100 residences, two build-to-rent buildings, two build-to-sell towers, retail, office space, and a hotel overlooking the racetrack. Together, the projects continue to accelerate housing delivery across the precinct.

<img alt="First look: Hamton expands Moonee Valley Park masterplan with 512-home Trackside Gardens precinct" data-entity-type="file" data-entity-uuid="5fc1941e-52d3-41c6-abc4-0f13fe8ae5ea" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/DA%20Edits%20%281%29.png?VersionId=7qwRHq5dcvXWNot2hNOgoQhN2GIWudNK" />

Designed by <a href="https://www.apartments.com.au/architects/dko-architecture">DKO Architecture</a> with landscape architecture by Tract, Trackside Gardens has been conceived as a botanical-style residential precinct prioritising canopy planting, communal green space, and vertical landscaping.

“The architectural vision for the proposed development centres around buildings in a botanical park setting that champions the important role of nature,” the planning submission states.

“The proposal incorporates principles of biophilic design, with landscape and environmentally sustainable development influencing the ultimate design response of the buildings and prioritising the ground plane to ensure a high amenity for both occupants and visitors.”&nbsp;

Trackside Gardens will deliver 512 apartments across the three buildings, alongside 518 basement car spaces and 523 bicycle spaces. Around 20 per cent affordable housing is proposed across the broader North East Precinct, equating to around 158 dwellings.&nbsp;

The affordable housing component will be concentrated within the Wilson East building, while the remaining apartments are expected to be delivered as build-to-sell residences.

Trackside Gardens has been designed around Hamton’s Nature Based Cities initiative, founded by Executive Chair Paul Hameister OAM in partnership with the University of Melbourne, Urbis, Ark Resources and Tract. The initiative promotes integrating higher-density urban development with significant biodiversity, tree canopy and landscape outcomes.

<img alt="First look: Hamton expands Moonee Valley Park masterplan with 512-home Trackside Gardens precinct" data-entity-type="file" data-entity-uuid="89353449-7b3c-42fd-8fd8-8bf64a5ef80f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Article%20Feature%20Image%20%28Grid%29_4.png?VersionId=X8jRt0P2L7fIWjLhfX6gPknXToXIBeLj" />

A comprehensive landscape strategy would introduce deep soil planting, vertical greening, communal gardens, and new pedestrian links throughout the site.

Planning documents state the development is targeting a 5 Star Green Star Buildings rating, a 7.5-star average NatHERS rating, and “Exemplary” Nature Based Cities certification.&nbsp;

The proposal joins an expanding pipeline of approved and proposed buildings within Moonee Valley Park, including the recently launched Eveline apartments and the approved Grandstand North and South towers.

Hamton has increasingly focused on precinct-scale, nature-led communities across Melbourne’s middle-ring suburbs, with projects spanning Hawthorn, Kew, and Moonee Ponds.

Hampton unveils Trackside Gardens, latest stage of $3 billion Moonee Valley Park masterplan

The Paul Gedoun-led <a href="https://www.apartments.com.au/developers/ss-projects">S&amp;S Group</a> has achieved another milestone in its $1 billion transformation of Rainbow Bay on the southern Gold Coast with the completion of the company’s third project in four years, the $160 million <a href="https://www.apartments.com.au/buildings/esprit-217-227-boundary-street-coolangatta-qld-4225">Esprit</a> residences.

Delivered by <a href="https://www.apartments.com.au/builders/hutchinson-builders">Hutchinson Builders</a> and designed by <a href="https://www.apartments.com.au/architects/cottee-parker-architects">Cottee Parker Architects</a>, Esprit buyers have now moved into the 94 apartments across two interconnected buildings at 217-227 Boundary Street.

The successful settlement of Esprit marks another astounding chapter in the S&amp;S story, which launched its highly successful Flow apartments three years ago and created its own ultra-luxury branded fingerprint on an area craving new luxury residences.

Most early purchasers have secured gains of well over $1 million since the project launched in 2021.&nbsp;

[smartcode_project:default project_id=102921 project_image_fid=172129]

S&amp;S Projects Founding Director Paul Gedoun said the completion of Esprit reflects sustained demand for premium apartments in tightly held coastal locations.&nbsp; 
&nbsp;&nbsp; &nbsp; 
“Esprit has attracted buyers seeking a combination of quality design, considered amenity and a location that is becoming increasingly difficult to replicate,” said Gedoun.

“We identified some years ago that Rainbow Bay is a unique market where supply of luxury residences is limited, and we see the settlements in Esprit further underpinning this thinking - that for both owner-occupiers and investors.”&nbsp;

[smartcode_project:default project_id=102921 project_image_fid=172174]

A key feature of the development is ‘Club Esprit’, a 1,000sqm residents-only rooftop level combining wellness and recreation, believed to be a first for the Gold Coast, and which is fast becoming a signature of the S&amp;S brand.

Positioned to capture views across Snapper Rocks, Rainbow Bay and the Tweed River, the rooftop includes a 25-metre lap pool, gym, yoga lawn, sauna and steam facilities, ice bath, private dining spaces, outdoor cinema and landscaped areas for residents.&nbsp;

<a href="https://www.apartments.com.au/project-marketer/pezet-matheson">Pezet Matheson</a> Director Jayde Pezet, who led the sales campaign for Esprit and S&amp;S’s Flow and Awaken apartments, said the project’s performance reflects both the strength of the product and the depth of demand for premium apartments on the southern Gold Coast.&nbsp;

“In some cases, we’ve seen values double since launch, which is a clear reflection of how tightly held Rainbow Bay has become and the level of demand for well-executed projects in this market,” said Pezet.&nbsp;

“Buyers recognised early what S&amp;S Projects was delivering here, and that conviction has been rewarded as the project has progressed towards completion.”&nbsp;

[smartcode_project:default project_id=102921 project_image_fid=214819]

Esprit offers a mix of two- three and four-bedroom apartments and sits within walking distance of the beachfront, cafés and local amenities, reinforcing its appeal as both a lifestyle and investment destination.

The project is the third completed by S&amp;S Projects in Rainbow Bay, following Flow Residences and Awaken Residences, which together have contributed to the suburb’s emergence as one of the Gold Coast’s most sought-after coastal pockets. &nbsp;

S&amp;S Projects is continuing its investment in the area with Radia, a $215 million development currently under construction.&nbsp;

[smartcode_project:default project_id=102921 project_image_fid=172175]

Gedoun said the completion of Esprit signals continued confidence in the southern Gold Coast market.&nbsp;

“We’ve seen strong interest in well-located, high-quality apartments, particularly in areas where future development opportunities are limited."

“That’s been a key factor in the performance of Esprit and the broader Rainbow Bay market”.

[smartcode_project_cta:default project_id=102921]

Owners move in as Esprit completes at Rainbow Bay

Few developers can boast a portfolio across South East Queensland's luxury markets quite like <a href="https://www.apartments.com.au/developers/mosaic-property-group">Mosaic Property Group</a>.

The builder-developer, founded in 2004 by Managing Director Brook Monahan, has projects in planning, on the market, and under construction, from Burleigh Heads and Broadbeach to Kangaroo Point and South Brisbane.

With a pipeline exceeding $2 billion, Mosaic remains highly selective when it comes to development sites, having spent years refining its strategy around feasibility research and product planning. The group is set to continue growing into 2026 and beyond.

In Brisbane, Mosaic currently has three projects in the market. It is in the final release stage at <a href="https://www.apartments.com.au/new-apartments/the-bedford-by-mosaic-16-30-prospect-street-kangaroo-point-qld-4169">The Bedford</a> in Kangaroo Point, which is approaching complete sellout ahead of its late 2027 completion.

[smartcode_project:default project_id=134792 project_image_fid=328123]

Designed in collaboration with <a href="https://www.apartments.com.au/architects/bda-architecture">BDA Architecture</a>, The Bedford comprises 128 two- and three-bedroom residences. A selection of ultra-luxury Masterpiece Series Skyhomes, positioned across the top levels, offer expansive floor plans and sweeping views of the river and city.

High-end inclusions, such as natural stone benchtops, bespoke cabinetry, and Miele appliances, feature throughout all apartments, alongside the Rooftop Recreation &amp; Retreat Sky Terrace. This includes a resort-style pool with sun deck and loungers, spa, cold plunge pool, sauna, steam room, private dining room with a full kitchen, residents' lounge, multiple barbeque and relaxation zones, an outdoor viewing deck, and landscaped gardens with water features, all oriented to sweeping city and river views.

A gym with indoor and outdoor zones, and a golf simulator, further enhances recreational choice within the building.

[smartcode_project:default project_id=134792 project_image_fid=328119]

A defining feature of the development is its integrated mixed-use component, which will deliver Kangaroo Point's first major supermarket, alongside a café and liquor store, bringing long-awaited convenience to the peninsula.

Monahan says The Bedford represents the culmination of a near-decade-long journey, after first identifying the A-grade Prospect Street site in 2016. While they came close to acquiring it at the time, the site was ultimately purchased by Woolworths' development arm, Fabcot. The opportunity resurfaced in 2024 when the site, vacant for nearly three decades, was brought back to market.

Monahan says Mosaic projects often begin years before any formal plans are drawn. Their new South Brisbane development is no exception, with the site first earmarked in 2018.

"We aren't opportunistic," Monahan says. "Every site purchase is carefully considered. As seen with Kangaroo Point and South Brisbane, it can take years to eventuate. There are sites we're looking at now that we may not secure for several years."

[smartcode_project:default project_id=141711 project_image_fid=353495]

A similar story unfolded at <a href="https://www.apartments.com.au/new-apartments/the-carter-by-mosaic-77-linton-street-kangaroo-point-qld-4169">The Carter</a> in Kangaroo Point, opposite The Gabba. Like The Bedford, it is also approaching sellout of its 125 two- and three-bedroom apartments. The majority of sales are attributed to returning customers and referrals, with a balanced mix of investors and a strong majority of owner-occupiers.

BDA Architecture was again engaged to design the 22-storey building, which will feature a suite of wellness and lifestyle amenities, including a golf simulator and cinema, a commercial-grade gym, and a rooftop recreation level with a pool, steam room, sauna, cold plunge, teppanyaki bar, private dining spaces, and landscaped terraces.

Construction is on track for completion in mid-2027.

[smartcode_project:default project_id=151614 project_image_fid=362759]

Mosaic's latest offering is its most ambitious yet, boasting a rare, north-facing riverfront position on Montague Road in South Brisbane.

<a href="https://www.apartments.com.au/new-apartments/the-riversdale-by-mosaic-south-brisbane-91-montague-road-south-brisbane-qld-4101">The Riversdale by Mosaic</a> is a 39-storey tower comprising just over 200 residences and Masterpiece Series Sky Homes. Designed in partnership with Bureau Proberts, it will feature nearly 3,000 sqm of genuine, internationally benchmarked six-star, hotel-style amenities, including a wellness precinct, pool, gym, massage and treatment rooms, cinema, golf simulator, and extensive outdoor dining areas across a two-level rooftop deck.

Early works are underway, with full construction expected to commence in the second half of 2026, and an anticipated late 2029 completion.

[smartcode_project:default project_id=151614 project_image_fid=362759]

Since 2012 alone, Mosaic has completed more than $2 billion in projects and is set to deliver another $2 billion worth of developments, comprising hundreds of luxury apartments, each defined by Mosaic's signature standards of quality, detail, and delivery.

"We never arrive, there is no finish line," says Monahan. "Our ambition is to keep evolving what luxury means, creating design- and lifestyle-led residences in incredible locations, places people genuinely aspire to and want to live, homes that are loved deeply and endure long beyond their moment."

Mosaic's Midas Touch

<a href="https://www.apartments.com.au/developers/urban-property-group">Urban Property Group</a> (Urban) has broken ground at Keira Place, its new major mixed-use residential precinct in the heart of Wollongong CBD.

Held at 120-122 Smith Street, the groundbreaking marked the commencement of construction on Stage 1 of <a href="https://www.apartments.com.au/new-apartments/keira-place-120-122-smith-street-wollongong-nsw-2500">Keira Place</a>, with the opening of the new display suite. 
&nbsp; 
Keira Place is a State Significant Development that will deliver new housing supply, affordable homes and inclusive living options within walking distance of Wollongong’s CBD, coastline, transport, hospital and education precincts.

[smartcode_project:default project_id=144442 project_image_fid=369868] 
&nbsp; 
Stage 1 is now under construction and will deliver 150 apartments across two residential buildings, including 27 affordable housing apartments and 18 specialist disability accommodation dwellings, along with activated ground-floor retail and commercial space. 
&nbsp; 
Urban Co-CEO Patrick Elias said the groundbreaking represented a significant milestone for Wollongong and reflected Urban’s long-term commitment to regional cities.

“Today’s groundbreaking is about turning approvals into homes and moving quickly to deliver much-needed housing in Wollongong’s city centre,” Elias said. 
&nbsp; 
“Keira Place will provide a diverse mix of homes close to jobs, transport and services, while setting a high benchmark for quality, durability and consumer protection.”

[smartcode_project:default project_id=144442 project_image_fid=369869] 
&nbsp; 
Hon. Paul Scully MP, Minister for Planning and Public Spaces, Member for Wollongong said Keira Place is exactly the kind of development Wollongong needs – delivering new homes close to transport, employment and services, while supporting the continued growth and renewal of the CBD.

"This project reflects the Minns Labor Government's commitment to increasing housing supply in well-located areas." 
&nbsp; 
Wollongong Lord Mayor Cr Tania Brown said Keira Place would deliver lasting community benefits for the city. 
&nbsp; 
"Keira Place is a welcome addition to Wollongong's CBD delivering new housing, affordable homes and activated street-level spaces that will benefit our community for years to come," Brown said. 
&nbsp; 
"Urban Property Group's investment reflects the confidence that quality developers have in Wollongong's future, and I look forward to seeing this precinct come to life."

[smartcode_project:default project_id=144442 project_image_fid=369867] 
&nbsp; 
Designed by <a href="https://www.apartments.com.au/architects/cox-architecture">Cox Architecture</a>, with interiors by <a href="https://www.apartments.com.au/interior-designers/dko">DKO,</a> Keira Place prioritises liveability and long-term performance, with landscaped shared spaces, generous apartment layouts and a pedestrian-friendly streetscape along Smith Street. 
&nbsp; 
Residents will have access to landscaped podium areas, communal rooftop amenities with views to Mount Keira and the Wollongong skyline, and convenient ground-level retail.

The development will have 10-year Latent Defects Insurance by Resilience Insurance.

[smartcode_project_cta:default project_id=144442]

Groundbreaking marks start of construction at Keira Place in Wollongong CBD

Bellevue Hill

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Ari Cadry, the fourth generation Cadry from the rug pioneering family, has listed in Bellevue Hill.
Ari, who was named managing director of the company earlier this year, has owned the <a href="https://www.realestate.com.au/property-apartment-nsw-bellevue+hill-130661178" target="_blank">Birriga Road townhouse</a> sine 2014 when it cost $1.44 million.
Spanning two levels with over 200 sqm of living space, the property in a boutique block of five has three bedrooms and three bathrooms. 
<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/2019/3/12/bellevue%20hill%202.jpg" alt="">
The living and kitchen area opens to a modernised courtyard. The separate dining has its own covered terrace. 
1st City Double Bay agents Brad Caldwell-Eyles and Julian Hasemer have scheduled an April 2 auction. 
<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/2019/3/12/bellevue%20hill%203.jpg" alt="">
Ari Cadry is the son of Bob Cadry, who's father Jacques established Cadrys upon his arrival in Sydney in 1952.
This article first appeared in the Saturday Daily Telegraph. 
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firstname1-iYD4UYzvBa

Cadry's boss Ari Cadry lists at Bellevue Hill

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FLAMBOYANT financier and debt collector Jim Byrnes’ former abode has hit the market in Bellevue Hill.
It is the address where bullets were fired into the five bedroom family home in 2012 in a dramatic midnight drive-by shooting. The home has been in the 15-year ownership of his downsizing wife Gina, who paid $4.5 ­million.
The glamorous F. Glen Gilling-designed 1928 house was bought in 2004 from the P &amp; O director Terry Tzaneros and wife Anne.
The reports of the 2012 drive-by noted three bullets were fired into the home, with one lodging in a wardrobe, missing Byrnes’ daughter’s head by only 30cm. No one has ever been charged over the shooting, but Byrnes told a 2014 Federal Court hearing that the shooting happened four hours after he had a heated argument with business associates.
<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/2019/3/5/Byrnes2.jpg" alt="">
“I’ve got former SAS officers moving in and around my house,’’ Mr Byrnes said after the incident.
Byrnes has been on the record saying he had relocated from the house twice “for safety reasons.” However, he retains the property as his address on ASIC documents, along with a Double Bay address.
The hilltop Cranbrook Rd home is scheduled for March 25 auction through Michael Pallier at Sotheby’s International. He was very busy as dozens went through yesterday’s open for inspection. Buyers were ­advised of a $6.8 million price guide.
<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/2019/3/5/Byrnes3.jpg" alt="">
Byrnes, who has reportedly suffered from deficit hyperactivity disorder, has been very low-key in recent times, after decades when he was ­seldom far from the public eye in both the financial and social pages.
His high point was when he was known as Alan Bond’s bankruptcy adviser. He was also the best man when Bond married Diana Bliss on Easter Saturday 1995. And there was his own 10-month marriage in 1992 to singer Jackie Love. Byrnes arrived at one of his own bankruptcy proceedings in a Bentley turbo and managed to secure a personal insolvency agreement with creditors after incurring debts worth $19 million.
Even $2855 in unpaid parking fines created headlines.
The self-dubbed corporate streetfighter James W. Byrnes, known as Big Jim, faced the prospect of eviction from his millionaires’ row abode in 2008, 2010 and 2013 over payments owed to his financiers. The National Australia Bank ­remains as the first of four registered lenders.
This article was first published in the Sunday Telegraph.
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The former Bellevue Hill home of financier and debt collector Big Jim Byrnes listed

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Anna Lahey, the queen of collagen supplements, and her company co-founder husband Kieran Lahey have bought in Bellevue Hill.
The Vida Glow entrepreneurs will be upgrading from Darlinghurst.
They snapped up pre-auction the home of Mercury Capital's Clark Perkins and his wife Marguerite.
They wanted $10 million, but fell short with their contemporary looking 2007 home built by Peter Dunkley.
It last sold at $8.1 million in 2007.
The Perkins family have spent around $32 million on a waterfront mansion, Loch Maree at Vaucluse, which was bought from the cosmetic surgeon hotelier Jerry Schwartz.
The Michael Dysart-designed residence was completed in 1972 at a cost of $280,000.
It features stone floors quarried from a 14th century convent in France by Burgundian monks, plus Leonard French's stained glass feature windows.
This article was first published in the Saturday Daily Telegraph. 
<div> </div>
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Queen of Collagen supplements Anna Lahey buys in Bellevue Hill 

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The Metropolis adman James Cooper and his wife, Rachel, a former Miss New Zealand, have reportedly snapped up the Bellevue trophy home, Allala.

The local paper, The Wentworth Courier suggested they secured it for between $11.5 million and $12 million.

[smartcode_project:default project_id=7758]

The thoroughly modern Buyeast buyers' agents Carli Skurnik and Jayden Hurvitz announced the deal on Instagram.

The sellers fund manager Ari Droga and his architect wife, Lisa, had initially sought $14 million after they bought Bonnington (pictured below), elsewhere in Bellevue Hill last October.

<img alt="" src="https://www.urban.com.au/images/2019/2/28/bonni.png">

The Drogas had listed the six-bedroom, two-storey family home<a href="https://www.realestate.com.au/sold/property-house-nsw-bellevue+hill-130386966"> </a>after their $20.32 million purchase at auction of <a href="https://www.realestate.com.au/sold/property-house-nsw-bellevue+hill-129191790" target="_blank">Bonnington </a>from the loss taking art dealer John Schaeffer.

They’d owned the Cranbrook Road home for 13 years.

It’s only the third time the property has sold since 1923.
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Adman James Cooper spends $11.5 million plus on Bellevue Hill home Allala

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The venture capitalist Clark Perkins, founder of Mercury Capital, has sold his Bellevue Hill residence.
It had failed to find a buyer over the summer break when it had been listed off market.
But sources confirmed to Property Observer that it has now sold, although for less than initially desired.
The Cranbrook Road residence of Perkins and his wife Marguerite had $10 million prospects ahead of its scheduled <a href="https://www.realestate.com.au/property-house-nsw-bellevue+hill-130379578" target="_blank">March 4 auction</a>.
Their contemporary looking 2007 home was built by renowned master builder Peter Dunkley.
It sold at $8.1 million in 2007.
They have spent close to $30 million on a waterfront mansion, Loch Maree at Vaucluse.
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Mercury Capital's Clark Perkins sells $10 million Bellevue Hill offering pre-auction

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Andrew Ulcoq, the chief financial officer of UBS Australia and New Zealand, is selling Aurelia, his Bellevue Hill home.
Ulcoq paid $3.7 million for the 1940s home in 2015. Now he's asking between $5.2 million and $5.3 million after its full scale renovation.
The <a href="https://www.realestate.com.au/property-house-nsw-bellevue+hill-130378342" target="_blank">Hamptons inspired home</a> on the Bunyula Road dress circle has seven bedrooms and three bathrooms.
<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/2019/2/8/B-HILL2.jpg" alt="">
The master retreat has its own wing, comprising a walk in wardrobe, ensuite and a balcony with views across Rose Bay and the harbour.
Entry is through a grand foyer with soaring ceilings and dark solid flooring to the living spaces.
They open to wrap around gardens which feature alfresco terraces and a resort-style swimming pool and spa. 
Laing + Simmons agent D'Leanne Lewis has the listing.
 
 
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UBS chief financial officer lists Aurelia at Bellevue Hill

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The venture capitalist Clark Perkins, founder of Mercury Capital, has formally listed his Bellevue Hill residence.
Nine Entertainment reported it had failed to find a buyer over the summer break when it had been listed off market.
Anonymous sources confirmed buyers were being quietly chaperoned through the couple’s Cranbrook Road residence ever since November.
Perkins and his wife Marguerite now seek $10 million publicly through Sothebys at its <a href="https://www.realestate.com.au/property-house-nsw-bellevue+hill-130379578" target="_blank">March 4 auction</a>.
Their contemporary looking 2007 home was built by renowned master builder Peter Dunkley.
It sold at $8.1 million in 2007.
They have spent close to $30 million on a waterfront mansion, Loch Maree at Vaucluse.
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Mercury Capital's Clark Perkins seeks $10 million at Bellevue Hill

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Bondi Rescue star Harrison Reid is upgrading in Sydney's eastern suburbs.
He's drifting a little further toward the beach, but it's not the one he patrols on the screens.
The Christchurch born lifeguard has bought a home in Rose Bay.
He's letting go of his Bellevue Hill apartment (above and below) that he bought when he moved to Sydney four years ago from New Zealand.
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Reid paid $725,000 for what was then a two bedroom Victoria Road apartment in a 1950s tightly held block of 12 on the dress circle Victoria Road.
Reid has reconfigured and renovated the apartment himself, turning into a large one bedroom apartment with fresh interiors. He renovated the kitchen and added new wooden flooring.
Raine &amp; Horne Double Bay agents Paula Simoes and Ric Serrao are marketing the apartment with a $780,000 guide for its February 14 auction.
Reid has previously spoken of his love for living in Bellevue Hill.
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"I love it around this area," he said in a recent interview with Sydney style guide Sitchu.
"It's close to my work and not far from Double Bay and the harbour beaches."
"Bondi Junction is also up the road, which means I never have to go into the city!"
Reid said the thing he loved most about where he lived was the endless local options to be able to go out for "a quick bit to eat or drink with a mate."
Reid said on his days off he likes to head to the harbour beaches for a swim to get away from the crowds.
"Since I'm around a lot of people at work down on the beach, it's nice to have some time to yourself," he said. 
This article was first published in the Saturday Daily Telegraph.
 
 
 
 
 
 
 
 
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Bondi Rescue's Harrison Reid heads to the beach

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The executive chairman of News Corp Australasia, Michael Miller has bought back in Bellevue Hill, highlighting the trend of locals taking the opportunity to upgrade in the escalating market downturn.
The acquisition of a recently completed post-Modern Luigi Rosselli-designed home was secured by the Miller family before its scheduled mid-December auction.
The five bedroom Halas swimwear family home sale was among the significant Bellevue Hill sales in the latter part of 2018 which saw prices moderate, yet secure a $58 million record paid for Rona (top), which snared the top mantle from nearby Leura which had sold for $30.8 million in 2015.
Rona had been on the market for two years before being sold in August by the property developer Terry Agnew.
The Rona buyers were locals, Jacqui and Richard Scheinberg, who following the purchase of the Victorian Rustic Gothic Revival mansion, then <a href="/news/ronas-buyer-quickly-sells-in-bellevue-hill">quickly sold their Victoria Road home</a> after asking $16 million.
The suburb's second highest sale during 2018 was the <a href="/news/max-brenner-chocolate-boss-sells-to-chinese-buyers-in-bellevue-hill">Victoria Road home of Tom Haikin</a>, the former franchisee of Max Brenner Australia, and wife Lily, who secured $30 million.
The third was the <a href="/news/the-hordern-house-at-bellevue-hill-sells">Hordern House, which finally found a $21.25 million buyer</a>. It was bought by Rothschild Australia chief executive Marshall Baillieu, of the Melbourne establishment Baillieu family, and wife Michelle.
Victoria Road's <a href="/news/john-schaeffers-bonnington-bellevue-hill-sells-at-loss">Bonnington, which sold for $20.32 million</a>, was the suburb's fourth highest price. It had traded for $20.5 million in mid-2017.
<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 new owner of the 1930s F. Glynn Gilling home was another Bellevue Hill local Ari Droga, partner at investment fund Global Infrastructure Partners, and his interior designer wife Lisa who are currently seeking for a buyer for the long-held Cranbrook Road home, Allala.
The Miller's had sold in early spring on nearby O'Sullivan Road.
The Hemmes clan were among the many interested parties who had sought their quaint Georgian-style cottage at its hotly contested, onsite September auction which fetched a bullish $6,575,000.
The $18.6 million sale by Anthony Halas, the former chief executive of the swimmer brand Seafolly fame and his wife, Andie was initially reported by the Wentworth Courier last month.
It reported there had been $20 million hopes for the award winning Luigi Rosselli-designed home that sits in William Dangar gardens.
It had only recently won the Master Builders Association award for the best renovation costing over $4 million.
The home with court and pool on around 1,600 sqm was offered by the Double Bay Ray White <a href="/news/ray-white-double-bay-founders-craig-pontey-and-michael-finger-sell-out-to-elliott-placks">agent turned managing director Elliott Placks</a>, who was marketing with colleague, Ashley Bierman with $20 million hopes.
The Halas family sold their stake in Seafolly in 2014 to LVMH, having became the world’s largest independent specialty swimwear brand.
The Miller's upgrade came as Bellevue Hill was declared the Sydney suburb with the highest median house values for 2018, according to CoreLogic. 
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Bellevue Hill notched up a $4,670,000 median value, according to CoreLogic's end of year report, with Vaucluse in second place with a median house value of $4,050,000
Bellevue Hill also had the highest median weekly advertised rents for houses at $2,500 per week.
The 2018 median price (above) in Bellevue Hill was down $646,000 - or 12 percent - from 2017 (below) when it sat at $5,300,000.
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News boss buys back in Bellevue Hill as prestige market cools

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The whisper quiet sale of the Bellevue Hill trophy home of Tom Haikin and his wife, Lilly whose Max Brenner’s Australian franchisee recently went into voluntary liquidation, has been officially registered.
It was bought for $30.5 million by Mu Li without any registered finance. The Li family have a luxury car Hong Kong dealership.
They recently sold for $7.5 million at Maroubra, which is where Haikin moved from in 2010 when paying $23 million for the 3000 sqm Victoria Road battle-axe home.
The property comes with its own tennis court.
<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/2018/10/8/brenner2.jpg" alt="">
The transfers saw the discharge of the four formal mortgages, and six caveats, including one from Prospa Advance.
The property was being offered to buyers for $33 million earlier this year by the owners of the café and chocolate chain, whose business has been bought by Roy Mustaca, the chairman of the independent cinema chain United Cinemas.
This article first appeared in the Sunday Telegraph. 
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