Not all apartment amenities are immediately visible.

Swimming pools, gyms, rooftop terraces and residents' lounges have long featured on buyers' wishlists, but as the way Australians live has changed, so too have the features that make apartment living more convenient.

Increasingly, buyers are placing value on the practical aspects of day-to-day life. Fast internet, EV charging, secure bike storage, flexible workspaces and parcel management are becoming just as relevant as lifestyle amenities, reflecting changing habits and expectations.

Online shopping has been one of the biggest drivers of that shift.

Australians spent a record $82.6 billion shopping online in 2025, with almost one in every four retail dollars now spent digitally, making parcel deliveries a routine part of everyday life rather than an occasional convenience.

For apartment residents, however, receiving those deliveries isn't always straightforward.

Without someone home to accept a parcel, deliveries can be redirected to a nearby Post Office, left in building foyers or common areas, or require building management to temporarily store packages. As apartment living continues to grow across Australia's cities, parcel management has become an increasingly important consideration for both residents and developers.

Australia Post's Parcel Locker network is one response to that shift.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/KPZ9j5FRdsQ?si=Qztc1dNP3ZvEIUhb" title="YouTube video player" width="560"></iframe>

Rather than relying on home delivery, eligible parcels can be directed to a nominated Parcel Locker, where they're securely stored until collected. Once a parcel arrives, residents receive a notification through the AusPost app or SMS and can retrieve it using a one-time code or QR code at a time that suits them.

The network has expanded to more than 1,500 locations nationwide, with Parcel Lockers positioned at Post Offices, shopping centres, supermarkets, transport hubs and, increasingly, within or alongside residential developments.

That growing presence reflects a broader change in how apartment buildings are being planned.

Developers are increasingly considering the operational side of apartment living alongside traditional lifestyle amenities. Just as secure mailrooms, bicycle storage and EV charging have become more common inclusions, parcel management is emerging as another feature that supports everyday convenience.

It also helps preserve the arrival experience within a building. Carefully designed lobbies and communal spaces can quickly become cluttered when deliveries accumulate, while secure parcel solutions reduce the likelihood of missed deliveries or parcels being left unattended.

For buyers comparing apartments, these everyday details are becoming part of the decision-making process.

Location, floorplans and finishes remain fundamental, but the features that simplify daily life are carrying greater weight than they once did. As online shopping continues to shape consumer behaviour, secure parcel delivery is increasingly becoming another amenity worth looking for.

Joel Robinson

Parcel delivery is joining the apartment amenity checklist

Inca Property Group has lodged a State Significant Development Application (SSDA) for Dawn, a 53-apartment oceanfront development overlooking Mona Vale Beach.

The proposal, at 35-39 Darley Street East, would replace an existing 18-apartment strata building with a new owner-occupier-focused development comprising 53 two and three-bedroom apartments, including nine affordable built-to-rent residences delivered under the State's infill affordable housing scheme.

Positioned on a 2,679 sqm elevated site around 280 metres from Mona Vale Beach, the development has been designed to maximise panoramic ocean views while responding to the site's sloping topography.

<a href="https://www.apartments.com.au/developers/inca-property-group">Inca Property Group</a> Managing Director Josh Thompson said the State Significant pathway provided greater certainty for projects of this scale.

"This State Significant pathway gives the team real certainty to progress <a href="https://www.apartments.com.au/new-apartments/dawn-35-39-darley-street-east-mona-vale-nsw-2103">Dawn</a> through to completion," Thompson said.

"It allows us to acquire a one-off site, design it carefully and deliver the right offering for the suburb, assessed by the NSW Government's planning department."

The project is one of the first developments in the area to be assessed under the NSW Government's Low and Mid-Rise Housing policy, with the site sitting on the edge of the policy's designated inner area.

The proposal includes three basement levels providing 124 car spaces, alongside a range of resident amenities including a swimming pool, gym, sauna, wellness facilities and private plunge pools for selected ground-floor and penthouse apartments.

<img alt="Dawn" data-entity-type="file" data-entity-uuid="fc1a1daf-0ce4-4f12-9076-b1fa553c7a91" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-21%20at%208.42.11%E2%80%AFAM.png?VersionId=4GZ9h.gpNkTljbxyAET8Jfhv51XUamDm" />

Thompson said Dawn had been designed specifically for owner-occupiers and downsizers, a buyer profile that has driven demand across Inca's recent Upper North Shore developments.

"The majority of buyers in our recent North Shore projects have been downsizers, and we are learning exactly what this market is looking for. Beyond the location itself, we have included resort-style amenities to deliver a genuine lifestyle offering," Thompson said.

Located within walking distance of Mona Vale Beach, the town centre, Mona Vale Golf Club and the Royal Motor Yacht Club, Dawn represents Inca's first Northern Beaches project following the sell-out of Tara on Park in Waitara and Ellis Residences, currently under construction in St Ives.

Construction will be undertaken by Inca's in-house construction arm, GOP Constructions.

Dawn is the latest major apartment proposal for Mona Vale, with the suburb emerging as one of the key beneficiaries of the NSW Government's new Low and Mid-Rise Housing policy.

New developer One Living, led by industry veteran Joseph Scuderi, recently secured a site on Mona Vale Road, on the border of Mona Vale and Pymble, where it is planning around 140 apartments.

IPM is also planning its third project in Mona Vale, significantly increasing the scale of its previous developments with an 82-apartment proposal at <a href="https://www.apartments.com.au/new-apartments/159-167-darley-street-west-mona-vale-nsw-2103">159-167 Darley Street West</a>, opposite Bayview Golf Course and less than 800 metres from Mona Vale town centre.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/one-living-enters-sydneys-new-apartment-market-with-northern-beaches-site-acquisition">One Living enters Sydney's new apartment market with Northern Beaches site acquisition</a>

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/first-look-ipm-plans-third-mona-vale-project">First look: IPM plans third Mona Vale project</a>

First look: Inca eyes Mona Vale with State Significant DA for Dawn apartments

Seasoned Victorian apartment developer <a href="https://www.apartments.com.au/developers/central-equity">Central Equity</a> has logged more than $400 million in sales in its luxury apartment project Palmera Residences at Northcliffe on the Gold Coast.&nbsp;

Central Equity Director Karl Kutner said the sales result reflected a combination of location, product quality and delivery certainty with the project already under construction by building powerhouse Multiplex.&nbsp;

"Surpassing $400 million in sales since launch is a significant milestone and an outstanding endorsement of <a href="https://www.apartments.com.au/new-apartments/palmera-residences-gold-coast-18-garfield-terrace-surfers-paradise-qld-4217">Palmera Residences</a>,” he said.&nbsp;

"We believe one of the key reasons for this strong result is the confidence purchasers have in knowing the project is under construction with Multiplex. Buyers are increasingly looking for certainty. They want to know that the project they commit to today will be delivered by an experienced team with a proven track record."&nbsp;

[smartcode_project:default project_id=108274 project_image_fid=365782]

Kutner said it was clear there was still high demand for luxury projects that offered certainty of delivery.&nbsp;

“We are in a market where many residential developments have faced delays due to rising construction costs, labour shortages and financing challenges,” said Kutner.&nbsp;

"But having construction underway has provided our buyers with resounding confidence backed by more than 40 years of development delivery by Central Equity combined with construction by one of Australia's most respected construction companies."&nbsp;

[smartcode_project:default project_id=108274 project_image_fid=365785]

Central Equity is one of Australia's most experienced privately-owned property developers. Over more than four decades, the company has delivered in excess of 85 residential developments including 10,000 apartments and many thousands of stand alone homes.&nbsp;

Located on Garfield Terrace at Northcliffe, between Surfers Paradise and Broadbeach, Palmera Residences occupies one of the Gold Coast's most sought after beachside locations. The development has been designed to appeal to owner occupiers seeking premium residences that combine generous living spaces and resort style amenities.&nbsp;

Palmera Residences will feature an exceptional collection of resort style amenities, including two swimming pools: a generously sized family pool with safe shallow zones for relaxed recreation, and a 20 metre lap pool positioned to maximise all day sunlight.&nbsp;

Residents will also enjoy exclusive access to wellness and recreational facilities including a magnesium pool, sauna, yoga studio, expansive fitted gymnasium, resident lounge, outdoor BBQ’s&nbsp;and indoor and outdoor dining areas, together with a dedicated concierge and luxurious hotel inspired entrance foyer.&nbsp;

[smartcode_project:default project_id=108274 project_image_fid=365767]

A unique feature at Palmera Residences has been designed to enhance the Gold Coast lifestyle which includes both indoor and outdoor gymnasium facilities, together with thoughtfully designed indoor and outdoor dining and entertaining areas. A corner café has also been incorporated to provide residents with a destination for their everyday needs.&nbsp;

Kutner said buyer demand had been broad based with purchasers attracted from interstate as well as throughout South East Queensland.&nbsp;

"We're seeing strong interest from owner occupiers, lifestyle buyers and people relocating to the Gold Coast. Many purchasers have been searching for a premium beachside residence where quality, design and delivery are equally important."&nbsp;

[smartcode_project:default project_id=108274 project_image_fid=365771]

Kutner said the sales milestone was an important achievement, but the focus remained firmly on delivering an exceptional development.&nbsp;

"While reaching $400 million in sales is an important milestone, our priority remains delivering a project that exceeds purchaser expectations,” he said.&nbsp;

"Palmera Residences has been designed to become one of the Gold Coast's landmark residential addresses, and we look forward to welcoming our purchasers to their new homes."&nbsp;

There are a limited number of residences remaining in selected configurations with pricing from $2,950,000 to $8,950,000. Palmera Residences is also crowned by expansive penthouses with wrap around views.

[smartcode_project_cta:default project_id=108274]

Construction certainty and strong buyer demand drive major sales result for luxury Gold Coast development

Palmera Residences fly out the door as sales pass $400 million

National property developer <a href="https://www.apartments.com.au/developers/goldfields-group">Goldfields</a> has appointed BINAH as its construction partner for Quartet, its new Brisbane apartment development in the undersupplied suburb of <a href="https://www.apartments.com.au/developments/milton-qld-4064">Milton</a>.

Located just two kilometres from the Brisbane CBD and moments from key 2032 Olympic precincts, <a href="https://www.apartments.com.au/new-apartments/quartet-milton-33-manning-street-milton-qld-4064">Quartet</a> will deliver 131 one, two, three, and four-bedroom apartments priced from $1 million to $4.2 million, combining elevated design with a wellness-focused lifestyle offering.&nbsp;

[smartcode_project:default project_id=108736 project_image_fid=368000]

Goldfields’ Chief Executive Officer, Lachlan Thompson, said the appointment of <a href="https://www.apartments.com.au/builders/binah-constructions">BINAH</a> marked an important milestone for the project.&nbsp;

“Bringing BINAH on board as our construction partner will allow us to bring our vision for Quartet forward with a team that has a proven track record of delivering high-quality residential projects,” Thompson said.&nbsp;

“We’ve taken a considered approach to progressing the site because we wanted to deliver the whole package. Buyers ultimately back great developers, great projects and great builders, and with Quartet, we’ve made sure all three line up.

“People want certainty, they want to know the project will be built, that the homes will be delivered as promised, and that the developer stands behind the quality of what they create. That’s something Goldfields has built its reputation on over many years.”&nbsp;

[smartcode_project:default project_id=108736 project_image_fid=367993]

BINAH’s Managing Director, Khalil Hafza, said the company was proud to be partnering with Goldfields to deliver Quartet.&nbsp;

“Quartet is an exciting project to bring to life, particularly given the level of detail in the residences and the extensive rooftop amenity planned for the building,” Mr Hafza said.&nbsp;

“Our focus is on delivering a high-quality build that brings that design vision to life and creates homes residents will enjoy for many years.”&nbsp;

[smartcode_project:default project_id=108736 project_image_fid=367999]

The facilities at Quartet have been feared towards the roof, with a&nbsp;25 metre lap pool, spa, sauna and cold plunge, and a communal barbecue area and alfresco.

Town planning was designed by <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a> and brought to life by Melbourne-based architecture firm Cera Stribley.

<a href="https://www.apartments.com.au/interior-designers/cera-stribley">Cera Stribley</a> Co-Founder and Managing Principal, Dom Cerantonio, said the project responds to both its riverside setting and Brisbane’s evolving urban character.&nbsp;

“Quartet has been designed to sit comfortably within its riverside context, offering a refined take on urban living through well-planned, generously proportioned residences that will stand the test of time,” Mr Cerantonio said.&nbsp;

“An emphasis on natural light, natural textures and carefully selected finishes from timber and marble to premium appliances, creates calm, considered interiors designed for comfort and long-term liveability.”&nbsp;

Construction of Quartet will commence in July 2026, with completion anticipated in Q4 2028.

[smartcode_project_cta:default project_id=108736]

Construction to commence on 131-residence tower designed around wellness-focused living

Goldfields appoints BINAH for Quartet apartments in Milton

The first partnership between national developer <a href="https://www.apartments.com.au/developers/fortis">Fortis</a> and Adelaide-based developer <a href="https://www.apartments.com.au/developers/otello">Otello</a> has made a strong start, with the pair securing $21 million in unconditional sales at <a href="https://www.apartments.com.au/new-apartments/one-four-four-hutt-adelaide-144-hutt-street-adelaide-sa-5000">One Four Four Hutt</a>&nbsp;on the edge of the Adelaide CBD.

Over a third of apartments have been snapped up in the boutique 44-apartment project on the corner of Hutt Stret and Wakefield Road. Local downsizers and owner-occupiers wanting to remain in Adelaide's tightly-held southeast quarter have been the most prominent purchasers.

The DKO-designed, mixed-use development is one of the few new apartment projects in the precinct, an area where new housing supply has remained limited despite continued demand from buyers wanting to stay close to the CBD, Victoria Park and Adelaide's established east-end amenities.

[smartcode_project:default project_id=151233 project_image_fid=375378]

Fortis Head of Development SA Arthur Dendrinos said the early sales reflected both the strength of the local owner-occupier market and confidence in the Hutt Street location.

"The level of early commitment reflects the confidence local buyers have in the Hutt Street precinct," Dendrinos said.

"Many purchasers are long-term east-end residents who love the area and want to stay connected to the neighbourhood. They recognise the value of a well-designed, well-located development.

"Our partnership with Otello has been central to this success, and the number of unconditional sales at this stage only strengthens our confidence in the South Australian market."

[smartcode_project:default project_id=151233 project_image_fid=375379]

Otello Director Daniel Harris said the sales result also highlighted the lack of new apartment opportunities within the Hutt Street precinct.

"One Four Four Hutt has clearly resonated with buyers, with strong early sales reflecting both the appeal of the Hutt Street corridor and the lifestyle on offer," Harris said.

"The activated ground-floor retail has also been a key drawcard, with purchasers responding to the vision of a more vibrant and connected streetscape, not just the residences themselves."

One Four Four Hutt will deliver 44 one, two and three-bedroom apartments, alongside a collection of penthouses, above a ground-floor retail offering designed to further activate the Hutt Street precinct.

Construction is scheduled to commence in the third quarter of this year, with completion anticipated in 2028.

[smartcode_project_cta:default project_id=151233]

Fortis Head of Development SA Arthur Dendrinos said the early sales reflected both the strength of the local owner-occupier market and confidence in the Hutt Street location.

Fortis makes Adelaide debut with Otello as One Four Four Hutt records strong early sales

Clovelly

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Architect Luigi Rosselli has quietly bought next door in Clovelly, spending $2.4 million on the house neighbouring his long-held 1920s late Federation home — which had cost him $350,000 in 1989.
Rosselli has reworked, extended and renovated the single-storey cottage over the years to accommodate heirloom family furniture from Italy.
This purchase is for family members.
He was a recent database buyer through Phillips Pantzer Donnelly agent Alexander Phillips, who sold the home off-market.
The classic home on 330 square metres has two bedrooms and one bathroom.
This article was first published in the Saturday Telegraph. 
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Architect Luigi Rosselli quietly buys adjoining Clovelly home 

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Sydney Sixers captain Moises Henriques and wife Kristy are selling their Clovelly home with a house project up the road.
The all-rounder paid $1.17 million <a href="https://www.realestate.com.au/property-townhouse-nsw-clovelly-129554898" target="_blank">for the townhouse</a> in 2010.
Spanning three levels, the home has three bedrooms, two bathrooms and a lower level retreat adjoining the two car garage.
The open plan living space with bamboo floorboards and high ceilings open to a private courtyard with integrated barbecue, timber seating and landscaped garden beds.
There are district views from the upper level balcony.
The Agency's Bethwyn Richards and Anji Lake are marketing the property for a November 10 auction. 
The first open yesterday saw 18 groups through with a $2 million price guidance.
Henriques proposed to Krista Thomas, a former KIIS FM newsreader, last year during a romantic holiday at Lake Wakatipu in New Zealand. 
Henriques, who previously captain New South Wales, will be pulling on the magenta for the seventh year in a row in this year's T20 Big Bash.
He has played for Australia in all forms of the game.
This article was first published in the Sunday Telegraph.  
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Sydney Sixers captain Moises Henriques lists Clovelly townhouse

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Solotel, headed by publican Bruce Solomon and chef Matt Moran, have sold the Clovelly Hotel, with Nick Wills' Tilley &amp; Wills Group touted as the buyers.
The Tilley &amp; Wills hotels group own Sydney CBD's Verandah and North Sydney’s Greenwood Hotel.
Bruce Solomon, director of the Solotel Group, told the Australian Hotelier website they're rebalancing their portfolio.
“Solotel have made a strategic decision to rebalance our portfolio for future growth, and invest in our freehold venues.
"This means we are unfortunately saying goodbye to the Cloey locals, who were a pleasure to serve over the past two years.”
Solotel asset manager John Preston suggested the Cloey is an important part of the local community.
"We have a first class team to take the Hotel forward and the best times are ahead.”
It was less than two years ago that Moran and Solomon's Solotel bought the property from Iris Capital.
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jrobinson-rf4aSBido9

The Clovelly Hotel sold, sells to Greenwood Hotel owners

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Enduring celebrity chef Justine Schofield has traded up in the eastern suburbs to Clovelly.
Schofield, who presents Everyday Gourmet on Channel Ten for the last seven years, sold her Queens Park apartment.
Her 1920s Clovelly house (pictured above), with ocean glimpses, cost $2.6 million. It is a four bedroom semi on 200 sqm, set closer to Queens Park than the beach.
Updated since it last traded for $805,000 in 2003, the residence features a home office, a master suite with its own balcony and a private outdoor entertaining area off the open plan kitchen, living and dining area.
She'll no doubt be taking advantage of the tropical outdoor setting as in a recent interview she said she adored alfresco eating.
"Nothing better than having a laugh, great food and wine with your friends while enjoying daylight savings," she said.
<img src="https://www.urban.com.au/images/2018/7/13/Clovelly%20spaghetti.JPG" alt="">
Belle Property Bondi Junction agent Daniel Gillespie sold the home which also comes with an impressive kitchen.
Schofield made a tidy profit on her Queens Park unit when it sold for $880,000 earlier this year.
The one bedroom designer apartment on the top floor of a Brian Meyerson Architects-designed block cost her $587,000 in 2012, showing a strong 17% percent annual price growth.
She bought the apartment a year after her first episode aired. She's now racked up over 500 episodes.
Schofield, who has been recently promoting the culinary delights of the Northern Territory, is Masterchef success story.
She competed in the first ever series back in 2009, making it to the final four. 
Up until last year she had been in a long-distance relationship with Channel 7 news presenter Matt Doran.
Doran had been based in the US, hosting cable crime show Crime Watch Daily. The pair kept the relationship going for a further two years.
Season eight of Everyday Gourmet with Justine Schofield began earlier this month.
This article first appeared in The Sunday Telegraph. 
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Celebrity chef Justine Schofield buys in Clovelly

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Sydney's favourite vet Dr. Chris Brown has departed Bondi.
First he gave up on Bondi Vet, the hit TV show that made him a household name, and now he's bought in Clovelly.
He's just splashed $5.8 million on a classic beach house a stone's throw from the beach.
His exit from the Bondi scene was off market, securing a $4.5 million buyer for his Dudley Street property.
His new home set in north facing landscaped gardens on 750 sqm is much closer to the beach, via a pathway with direct access.
The two storey family beach home has three bedrooms and a 100 sqm rear deck with day bed and firepit.
It was advertised as having a classic beach house vibe by Phillips Pantzer Donnelley agents Alexander Phillips and David Tyrell.
The home that last traded for $2,225,000 in 2003.
<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/2017/12/12/brown2.jpg" alt="">
Goodyer Real Estate agents Amanda Balding and Pauline Goodyer sold the transformed Bondi home in just 16 days.
Dr Chris renovated after he paid $1.92 million in 2010, two years after he began the Network Ten show Bondi Vet which shadowed him at work at a clinic in Bondi Junction.
The Peter Dunkley transformation, completed 18 months ago, turned the home in to a contemporary five bedder with home lime-washed American Oak floors and a Tallowwood deck.
The open plan casual living, dining and kitchen area flows to an entertainer's courtyard complete with built-in barbecue.
A top floor master bedroom has panoramic views stretching from North Bondi towards Maroubra.
Brown's girlfriend Kendall Bora was not a joint buyer.
Brown and Bora have been dating for over 20 months.
Brown has been presenting I'm A Celebrity since 2015 and also presents Network Ten's The Living Room.
He broke onto the television vet scene in 2003 when he starred on Harry's Practice, nominated for a Logie for Most Popular New Talent.
This article was first published in the Saturday Daily Telegraph.
 
 
 
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Dr Chris Brown leaves Bondi, opts for Clovelly

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The Clovelly home of the developer, Richard Gadd and his wife, associate director at Macquarie Group, Corinna Elliott has been listed for sale.
Their oceanfront apartment, one of just three in a boutique development designed by Turco and Associates, comes with views over Gordons Bay and Wedding Cake Island.
The property has three bedrooms and two bathrooms across two levels.
Daniel Gillespie has a December 2 auction scheduled with $3.75 million hopes.
Richard's experience includes Buildcorp and Richard Gadd Constructions.
 
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Clovelly apartment listed by developer Richard Gadd

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Corralyn, one of Clovelly's finest Victorian Italianate homes has been listed for sale.
Built in <a href="https://www.realestate.com.au/property-house-nsw-clovelly-126569674" target="_blank">1890, Corralyn</a> has maintained its classical grandeur with added contemporary fittings.
It has been owned by the Richardson family for over two decades after they paid $660,000 in 1996.
The landmark residence has only ever had two families in 90 years of ownership.
<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/2017/10/05/CORRALYN2.jpg" alt="">
Set on a 445 sqm Arden Street parcel, the home with 120 year old reclaimed wooden floorboards has four bedrooms, two bathrooms, a study space and an 800 bottle wine cellar.
An 11 metre gas heated pool sits in the gardens.
Phillips Pantzer Donnelley agents Jason Pantzer and Charlie Beaumont are marketing the home for an October 28 auction for ad-man Nick Richardson and his wife Tracy. 
 
 
 
 
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1890s Clovelly home Corralyn listed

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Selina Baxby, the wife of David Baxby, the former long-time lieutenant of Richard Branson, have paid the top price for a home in Clovelly.
They have emerged as the buyers of the record breaking home of actor Duncan Armitage and artist John Copley, who sold their Gordons Bay home in February for $8 million.
Set on the Cliffbrook Parade dress circle, the absolute oceanfront home spans three levels and has four bedrooms, two kitchens and an outdoor dining area with pool.
The master suite comes with a rooftop terrace and the ground floor features a lower level cinema room and home office.
Armitage and Copley paid $1.5 million for the home in 2000, with a redesign by architects Erik Rudolfsson and Joseph Alliker
Penny Costello at Penny's Projects and Properties sold the home.
The home bettered the previous $7.7 million record set when Helen Maneas, wife of Peter Maneas, the chief executive of construction group Ganellen bought on Eastbourne Avenue.
The Baxby's have left Coogee, where they scored $4.13 million for their 1905 Federation home.
They had paid $3.6 million for the five bedroom family home in late 2015 following David's return to Australia from Virgin Geneva.
This article first appeared in the Daily Telegraph.
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Former Richard Branson lieutenant buys Clovelly trophy

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The Bank of Scotland CIO Patrick Eltridge has sold his designer beach home in Clovelly which was listed with $6 million hopes.

The home of the former Telstra chief investment officer and his wife Julie featured on Grand Designs Australia in 2012.

It was an ambitious own-build using prefab components.

The challenging logistics involved in transporting four 17-tonne modules from Melbourne to Sydney and craning them into place.

They paid $1,635,000 for the old fibro cottage on a whim back in 2005.They didn't begin building until four years later, then within six months the home was built, but not on site.

The home was designed in four modules by architect Pleaser Perkins.

[smartcode_project:default project_id=7758]

Now set within gardens by Secret Gardens, the challenge was to make it not look prefab, Julie Eldridge advised on the show.

The pods once lifted into position created an uber modern, two storey residence.

Clad in zinc and timber, the customised home has four bedrooms, a home office, suspended fireplace and a wine cellar.

An outdoor terrace and pool on the 600 sqm look out to the ocean.

Belle Property Bondi Junction agent Daniel Gillespie sold the home well before its mid August auction. 

Local whispers suggests it sold to the formerly Coogee based luxury car dealer Steve Nasteski, who was after a stop-gap home having recently sold his apartment in the new Bondi Pacific building to Ginia Rinehart, the daughter of mining magnate Gina Rinehart.  

This article first appeared in the Sunday Telegraph.
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Bank of Scotland CIO Patrick Eltridge sells designer Clovelly home

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Colliers International and JLL Hotels &amp; Hospitality Group are selling Iris Capital's stake in Sydney's Clovelly Hotel.
The hotel, overlooking Clovelly Beach is home to celebrity chef Matt Moran.
In February 2017, MorSol – a joint venture between Matt Moran and Solotel Hotel Group – secured a long-term leasehold interest in the Clovelly Hotel.
A triple net leaseback arrangement is part of the sale, as is Lessor ownership of the hotel licence and fifteen gaming machine entitlements.
Miron Solomons, Colliers Director, said the underlying intrinsic value of this property is exceptional and to find a beachfront investment of this size in Sydney especially with a tenant of this calibre is just so unique.
“The coveted triple net lease structure and fixed annual income growth make this a compelling annuity-based investment with great underlying property,” he said.
The sales campaign will close on 30th August 2017.
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