Repeat buyers are one of the strongest measures of confidence in any apartment development.

At <a href="https://www.apartments.com.au/new-apartments/era-newcastle-west-124-126-bull-street-newcastle-west-nsw-2302">ERA</a> in Newcastle West, some purchasers are returning to <a href="https://www.apartments.com.au/developers/gwh">GWH</a> after living at the developer's One Apartments. Their decision to purchase again was driven by the quality of life they found after moving into their first GWH home.

Keith Wilton had spent years living in a house in East Maitland before deciding it was time for a change. Apartment living had always been on his radar, but he was selective about what he wanted.

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"I had some boxes I wanted to tick," he says.

Keith points to the open-plan design, generous outdoor areas and considered inclusions as key reasons One Apartments worked for him.

“One of those things was a nice indoor open plan area, but also I wanted a nice outdoor open area that I could entertain on in summer or Christmases or birthdays,” he says.

He also found value in the smaller details, from integrated appliances to shared resident spaces including the pool, cinema and rooftop areas.

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After comparing several developments, he chose One Apartments because of GWH's longstanding local reputation and his own experience working with the developer on a commercial project more than a decade earlier.

"I knew that they were local, that the quality of the build was going to be up there. I'd looked at other apartment complexes around and close by, and I just knew that here was a better decision location wise."

Today, Keith says the move has completely changed how he experiences Newcastle.

"I enjoy living in this location because it's more of a lifestyle change. That Newcastle city living where you can walk to restaurants and bars and even beaches and parks and even shopping across the road."

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Beyond the location, he says it's the sense of community that has surprised him most.

"Everyone loves living here because they chose to live here, but everyone looks out for each other. It's a real great community feel here."

For Aimee and Lyle Goodman, the journey started almost by chance.

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The couple happened to be having coffee in Newcastle when they noticed the site where One Apartments was about to begin construction.

"We were aware GWH was planning a development," Aimee says. "We made one phone call and things moved pretty quickly after that."

As busy business owners, they initially thought apartment living would simply reduce the maintenance that came with larger homes. Instead, it fundamentally changed how they spent time together.

"We actually catch up more as a family now," Aimee says.

"We've had homes with big yards and lots of space, but everyone ended up in different rooms. Here we'll have dinner together, the kids can play, and we spend far more quality time together."

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Lyle says their confidence came from GWH's reputation within Newcastle's building industry.

"I know people who've worked across different apartment projects, and whenever GWH came up the feedback was always the same. They're rock solid. They're quality."

That confidence only grew throughout the buying process.

"One of the things that really impressed us with GWH was the whole process, was the communication," Lyle says. "It was consistent, it was regular, there was no problem if we had some weird questions, there was no problems in getting answers."

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Aimee says one moment stood out.

"The project actually finished on time. We realised we needed to hurry up and sell our house because everything was happening exactly when they said it would."

The positive experience at One Apartments ultimately gave all three buyers the confidence to purchase again with GWH, this time at ERA.

Their confidence reflects what many buyers are seeking in today's apartment market. Location remains important, but so too does certainty around delivery, quality and long-term liveability.

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ERA builds on those foundations with 280 one, two and three-bedroom apartments across two landmark towers in <a href="https://www.apartments.com.au/developments/newcastle-west-nsw-2302">Newcastle West</a>.&nbsp;

Designed by <a href="https://www.apartments.com.au/architects/fk-australia">Fender Katsalidis</a>, the project will include more than 2,000 square metres of resident amenities, including a resort-style pool, gym, sauna, private cinema and rooftop entertaining spaces overlooking the harbour and coastline.&nbsp;

The development is also within walking distance of the Newcastle Interchange, Honeysuckle, Darby Street, the harbour foreshore, restaurants, retail and the city’s beaches, continuing the walkable lifestyle that existing GWH buyers say has transformed how they live.

[smartcode_project:default project_id=135096 project_image_fid=356826]

For Keith, the appeal remains straightforward.

"You feel at home even before you've moved into your home."

For Aimee, the change is measured in time.

“I just felt like I had more time,” she says.

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Construction at ERA is now underway, with more than half of the residences already sold and limited two and three-bedroom apartments remaining in the East Tower release. Priced from $980,000 for two-bedroom residences and $1.46 million for three-bedroom residences, buyers can secure an apartment with a 10 per cent deposit, with premium homes offering ocean views from Level 8 and harbour views from Level 10.

ERA is also backed by Resilience Insurance's 10-year Latent Defects Insurance policy, providing protection against structural or waterproofing defects for 10 years after completion. The project is anticipated to be completed in early 2028.

[smartcode_project_cta:default project_id=135096]

Joel Robinson

From ONE to ERA: Why buyers are choosing GWH again in Newcastle West

Virgate Property Group is preparing to commence construction of Verdé, its new apartment development in Melbourne's Arts Precinct at Southbank, following a strong run of sales that has seen more than half of the project's 173 apartments secured.

Verdé has attracted a broad mix of first home buyers, owner-occupiers upgrading from nearby inner-city suburbs and investors, with younger owner-occupier couples aged between 28 and 45 accounting for the strongest enquiry. Many are already living in Southbank, South Melbourne, Albert Park, Port Melbourne, South Yarra and the CBD.

"Verdé is located in one of the most desirable pockets of southern Melbourne," Blair Property Group Director Darren Blair, who is managing sales at Verdé, said.

"It's within walking distance of the Arts Centre, Royal Botanic Gardens, Albert Park Lake, and Southbank's restaurants and retail. It's a great lifestyle location with strong amenity and liveability, which made it a very attractive choice for the project."

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Virgate was already familiar with the precinct, having previously delivered the successful Domain House development in neighbouring South Melbourne. That experience gave the developer confidence to acquire the Coventry Street site and continue expanding its presence in Melbourne's inner south.

"We had been keeping an eye on the site and the broader precinct for a few months before deciding to move forward with the acquisition," Virgate said.

The project was ultimately secured in 2020 following feasibility studies, planning assessments and due diligence, with the brief centred on delivering "a high-quality, considered design that feels both refined and fit for purpose."

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Designed by <a href="https://www.apartments.com.au/architects/bruce-henderson-architects">Bruce Henderson Architects</a>, Verdé comprises 173 one, two and three-bedroom apartments priced from $599,000. The architecture is distinguished by a faceted glass façade that responds to both the site's outlook and Melbourne's changing light conditions.

According to Bruce Henderson Architects, the coloured glazing gives the building a distinctive identity while also providing privacy and solar shading, with residences oriented to capture views across the bay, city skyline and surrounding parklands.

Inside, <a href="https://www.apartments.com.au/interior-designers/designoffice">DesignOffice</a> has created interiors focused on natural light, efficient planning and enduring materials. Apartments feature engineered oak flooring, natural stone benchtops, floor-to-ceiling glazing and SMEG appliances, while a restrained material palette aims to complement the expansive outlooks rather than compete with them.

[smartcode_project:default project_id=4661 project_image_fid=372550]

Resident amenity has also been designed around everyday functionality rather than occasional use. Facilities include a concierge-serviced lobby, residents' lounge with fireplace, library and co-working space, gym, terrace garden with barbecue facilities, ground-floor café, and package delivery management.

The project's location continues to be one of its strongest drawcards. Positioned on Coventry Street, Verdé sits within walking distance of the National Gallery of Victoria, Arts Centre Melbourne, Royal Botanic Gardens and Albert Park Lake, while Southbank's dining precinct, Sturt Street trams and the new ANZAC Station are all nearby. The surrounding education catchment also includes Melbourne Grammar, Melbourne Girls Grammar, Mac.Robertson Girls' High School and several major university campuses.

The sales team says buyers have responded particularly well to the combination of location, design quality and long-term liveability.

"They're responding really positively to the quality of the design, premium resident amenities and the uninterrupted views. Many also appreciate the location and how connected it is to everything they need."

The ability to secure stamp duty savings before completion has also been a key factor for purchasers, alongside the opportunity to personalise finishes ahead of settlement.

With construction set to commence soon and more than half the apartments already sold, Verdé enters its next phase as one of the Arts Precinct's more established apartment developments, offering remaining buyers an opportunity to secure a residence before construction advances further. Expected completion is scheduled for late 2027.

[smartcode_project_cta:default project_id=4661]

Virgate's Verdé Southbank moves toward construction as sales fly past halfway stage

Downsizer-focused apartment development Kooyongkoot in Hawthorn has been recognised at the 2026 Better Future Melbourne Design Awards, taking home Gold and Silver awards in two categories.

<a href="https://www.apartments.com.au/new-apartments/kooyongkoot-hawthorn-1-kooyongkoot-road-hawthorn-vic-3122">Kooyongkoot</a>, currently being delivered by developer PQD and designed by Cera Stribley, received Gold in the Interior Design – Proposed category and Silver in the Architecture – Proposed category.

The dual recognition reflects the design approach behind the boutique development on prestigious Kooyongkoot Road, where the focus has been on creating homes for downsizers seeking the space, quality and functionality of a detached house within a low-rise apartment building.

Rather than maximising apartment numbers, <a href="https://www.apartments.com.au/developers/pqd">PQD</a> and <a href="https://www.apartments.com.au/architects/cera-stribley-architects">Cera Stribley</a> limited the development to just 18 residences, allowing for larger floorplans, greater privacy, generous landscaping and expansive communal spaces.&nbsp;The majority of the apartments also benefit from corner aspects, allowing for dual sources of natural light.

Now around 70 per cent complete and on track for completion in November 2026, Kooyongkoot will comprise a mix of garden residences, ter​race apartments, sub-penthouses, and is crowned by two half-floor penthouses with direct lift access and private rooftop terraces.

[smartcode_project:default project_id=102717 project_image_fid=355297]

The Silver Award for Architecture recognised the way the building responds to its prominent corner position at the ent​rance to Hawthorn's Scotch Hill precinct, one of Melbourne's most established residential neighbourhoods.

Rather than competing with the grand homes that line Kooyongkoot Road, the architectural approach focused on restraint and longevity, using curved brickwork, generous landscaping and carefully considered proportions to integrate with the existing streetscape.

"The form feels fluid and timeless, as though shaped by the landscape itself – architecture that belongs, rather than competes," said Chris Stribley, Co-Founder and Managing Principal of Cera Stribley.

The judging submission also highlighted practical innovations throughout the building, including lift cores servicing only nine homes each, a central landscaped lightcourt designed to bring daylight and ventilation into the building, and fully enclosed private storage rooms with lighting, power and shelving to better accommodate residents transitioning from larger family homes.

[smartcode_project:default project_id=102717 project_image_fid=355293]

The Gold Award for Interior Design recognised the project's focus on long-term liveability rather than display-home aesthetics.

According to the awards submission, the interiors were designed from the inside out, prioritising how homes would function over decades of daily use through generous proportions, practical storage, durable natural materials and flexible layouts.

The specification includes natural stone throughout, upgraded acoustic glazing, V-ZUG appliances and fully enclosed storage rooms, alongside an amenity offering focused on wellness, entertainment and everyday convenience.&nbsp;

Residents will have access to a gym and yoga studio, a wellness centre featuring traditional and infrared saunas, a cold therapy shower and treatment room, as well as a residents' lounge and golf simulator/cinema room for entertainment.&nbsp;Kooyongkoot has also considered the everyday convenience of its residents by offering a private carwash and pet wash facilities on site as well as dedicated parcel lockers and oversized fully enclosed storage rooms.&nbsp;

[smartcode_project:default project_id=102717 project_image_fid=355303]

The project's attention to detail has already resonated with buyers. Earlier this year, Kooyongkoot recorded one of Boroondara's highest apartment sales when an $8 million penthouse was purchased by a Melbourne CEO downsizing from a nearby family home.

"Every detail feels deliberate, from the overall design down to the smallest touches," the purchaser said.

"The level of quality and refinement is exceptional, but what really sold it was how liveable it felt... It felt like a place where everything had been considered, not just a luxury building."

[smartcode_project:default project_id=102717 project_image_fid=355304]

Sustainability also formed a key part of both award submissions. Kooyongkoot is targeting a minimum 7.5-star NatHERS rating across all residences, supported by passive design principles, high-performance glazing, EV charging infrastructure, water reuse systems and a wellness model focused on lower-energy dry facilities rather than pools and large wet areas.

Located within walking distance of Scotch College, Methodist Ladies' College, Koo​yong Lawn Tennis Club, Aubur​n Village and Camberwell Junction, Kooyongkoot continues to target owner-occupiers looking to remain in Melbourne's inner east without compromising on space or quality. A limited selection of two, three and four-bedroom residences remains available, with prices starting from $1.9 million.

[smartcode_project_cta:default project_id=102717]

Kooyongkoot wins Gold and Silver at Better Future Melbourne Design Awards

New apartment supply has become increasingly constrained across <a href="https://www.apartments.com.au/developments/parramatta-nsw-2150">Parramatta</a> in recent years, with fewer projects progressing through to completion as development conditions have become more challenging.

It makes <a href="https://www.apartments.com.au/developers/novm">NOVM</a>'s 2021-completed <a href="https://www.apartments.com.au/buildings/the-lennox-parramatta-12-phillip-street-parramatta-nsw-2150">The Lennox</a> one of the most recently completed residential towers on the Parramatta River, and among the newest apartment developments in Sydney's second CBD.

With the project largely completed before the sharp escalation in construction costs and inflation following the pandemic, The Lennox is now offering pricing that would be difficult to replicate in a comparable new development in Parramatta today, or across much of Western Sydney.

The majority of the 413 apartments at The Lennox sold before and shortly after completion. A limited release of the remaining apartments has recently been brought to market by capital partner <a href="https://www.apartments.com.au/project-marketer/equitifund-group">Equitifund</a>, with entry-level pricing from $700,000 and two-bedroom apartments available from under $1 million.

Rising above the Parramatta River at 12 Phillip Street, The Lennox comprises one, two, three and four-bedroom apartments, appealing to first home buyers, young professionals, families, downsizers and interstate investors seeking a completed apartment in one of Australia's fastest-growing economic centres.

[smartcode_project:default project_id=5743 project_image_fid=372394]

Rather than positioning Parramatta as an alternative to Sydney's CBD, Equitifund believes the city has reached a point where it stands on its own merits.

"Parramatta is no longer simply an alternative to Sydney CBD, it's becoming a destination in its own right," Equitifund Executive Chairman Greg Huxley said.

"The Lennox captures that evolution with a level of quality and amenity that's difficult to match at its price point."

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Designed by <a href="https://www.apartments.com.au/architects/marchese-partners">Marchese Partners</a>, the tower responds directly to its riverfront setting through expansive glazing and open-plan layouts that maximise views across the Parramatta River and city skyline. Interiors feature engineered timber flooring, stone benchtops, stainless steel appliances and floor-to-ceiling glazing, while generous balconies extend the living spaces outdoors.

Marchese Partners says the project was conceived to balance high-quality apartment living with practical, long-term functionality, pairing larger, efficient floorplans with amenities more commonly associated with five-star hotels.

That emphasis continues through the resident facilities, which include a 20-metre rooftop swimming pool, fully equipped gym and wellness spaces, full-time concierge, a residents' lounge, function room, private lifts, secure basement parking and rooftop communal areas overlooking the Parramatta River. Ground-floor boardwalk retail and dining further activate the riverfront and integrate the building into the surrounding public realm.

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Australian housing and finance group Equitifund has secured the remaining apartments, believing there are few completed apartment opportunities in Parramatta that offer the same combination of location, amenity and pricing.

Equitifund National Sales Director Ben Hamblett says buyers are increasingly recognising that premium apartment living no longer needs to come with Sydney CBD pricing.

"The Lennox is where aspirational living becomes attainable," Hamblett said.

"Wake to river and mountain views, step into Sydney's Second CBD, and arrive home to resort-calibre amenities, all without the harbour price tag."

Hamblett says owner-occupiers are also attracted by the convenience of having Westfield Parramatta, Church Street's dining precinct, Parramatta Park, Riverside Theatres, Western Sydney University and major transport connections all within walking distance.

"At The Lennox, lifestyle is not an afterthought, it is the foundation."

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The Lennox places residents within walking distance of Parramatta Square, Westfield Parramatta, Church Street Eat Street, Parramatta Station, the ferry wharf, Light Rail, the future Sydney Metro West, Parramatta Park and CommBank Stadium, reinforcing Parramatta's position as one of Australia's most connected metropolitan centres outside Sydney's CBD.

Equitifund says buyers visiting the display suite consistently comment on the quality of the finishes, generous floorplans, river and skyline views, and the walkability of the location. The project has attracted a broad mix of local professionals, upsizers, downsizers, buyers relocating from Sydney's inner suburbs and interstate investors seeking long-term growth opportunities.

That demand aligns with Parramatta's continued evolution as an economic powerhouse. Equitifund Research and Market Insights specialist John Bekiaris says sustained population growth, infrastructure investment and expanding employment opportunities continue to support long-term housing demand across the city.

"Parramatta has evolved from a satellite city into one of Australia's most important economic centres. Population growth, infrastructure investment and employment are all supporting sustained long-term housing demand."

[smartcode_project_cta:default project_id=5743]

The apartment price gap drawing Sydney buyers west

A luxury beachfront apartment at Rainbow Bay has more than doubled in value since it sold off the plan six years ago, setting a new local apartment record in the process.

The three-bedroom apartment in the Flow development on Petrie Street, the first of four new projects locally by Paul Gedoun's S&amp;S Projects, has sold for $7.4 million, after originally selling for $3.27 million when the project launched in 2020.

The seventh-floor apartment, comprising 187 sqm of internal living space and a 54 sqm balcony overlooking Froggies Beach and Snapper Rocks, was purchased by a local family.

The transaction was negotiated by Pezet Matheson director Kerry Pezet and equates to more than $30,000 per sqm.

Pezet said the sale reflected the limited opportunities to buy into the boutique beachfront development.

"The sale highlights the rarity of opportunities within the boutique beachfront development, where residences seldom become available," Pezet said.

"Flow is one of the Gold Coast's most tightly held buildings. Buyers from our database move quickly when residences become available, and achieving an off-market sale at $7.4 million demonstrates the depth of demand for property of this calibre."

<img alt="Flow" data-entity-type="file" data-entity-uuid="c585b206-2130-4eee-a50c-3f27c51a7c70" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-06%20at%208.33.25%E2%80%AFPM.png?VersionId=m3pHRDV62Y3fvN.XQuQHq.52ilTWpRLf" />

Flow was the first of four luxury apartment developments delivered by Paul Gedoun's S&amp;S Projects at Rainbow Bay and was completed in 2023.

Positioned on the beachfront overlooking Snapper Rocks, the residence includes three bedrooms, three bathrooms, a powder room and views stretching north along the coastline towards Surfers Paradise.

Pezet Matheson Residential principal Mitchell Lambert said buyers continued to prioritise quality beachfront apartments in tightly held locations.

"Flow Residences offers a rare combination of elevated beachfront positioning, architectural excellence, comprehensive resident amenity and premium finishes, which is exactly what discerning purchasers are seeking," Lambert said.

"The transaction further reinforces Rainbow Bay's reputation as one of Australia's premier coastal lifestyle destinations, where limited supply and growing demand continue to support strong market performance."

Pezet Matheson originally marketed and sold out Flow off the plan, making the latest transaction a return to one of the project's original buyers.

Paul Gedoun is selling his third project, <a href="https://www.apartments.com.au/new-apartments/radia-rainbow-bay-271-boundary-street-coolangatta-qld-4225">Radia Rainbow Bay</a>, after recently completing, and selling out, <a href="https://www.apartments.com.au/buildings/esprit-217-227-boundary-street-coolangatta-qld-4225">Esprit</a>. He has plans for a <a href="https://www.apartments.com.au/news/qld/first-look-s-s-projects-proposes-88-apartment-wellness-tower-at-coolangattas-boundary-street">fourth building</a>, 88 apartments on <a href="https://www.apartments.com.au/new-apartments/209-213-boundary-street-coolangatta-qld-4225">Boundary Street</a>.

Rainbow Bay apartment doubles in price since off the plan sale during pandemic

Darling Point

Apartments at the recently launch MONA development in Darling Point almost never existed.

The prominent eastern suburbs developer Fortis&nbsp;initially planned a commercial building on the Mona Road address, before pivoting the design to create a luxury apartment project.

And its recent launch showed two things; the demand for luxury apartments in Sydney&#39;s East is still firing on all cylinders despite a cooling property market, and the agileness of the Fortis team to change their strategy based on what the market is doing.

Fortis Director Charles Mellick says the team analyzed current market trends and the demand for luxury residential apartments, and that, paired with the 180 degree city and harbour views and accessibility to local amenity, made the location the perfect place for high-end city fringe living.

So they called MHNDU back in to amend the plans to incorporate just 24 one, two and three-bedroom apartments.

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The change in direction paid off in spades at the recent launch, with CBRE securing sales of over 60 per cent of the building, including the $13.75 million, two-level penthouse.

Mellick says the&nbsp;Darling Point location provides a previously unseen opportunity for buyers with direct access not only to the harbour foreshore, but also to the city and surrounding villages.

&quot;This location has an array of unrivalled connectivity from walkability to a range of transport options and access to driving routes to connect to the rest of Sydney seamlessly.

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Mellick calls Darling Point the gateway to the East, at the nexus of Edgecliff, Woollahra, Double Bay and Potts Point.

&quot;This location benefits from its nearby neighbouring suburbs giving the best of both worlds - an energetic urban local energy (Potts Point) and Australia&rsquo;s most luxurious offerings (Woollahra and Double Bay) with the commercial convenience and easy access to Bondi Junction and the City.

&quot;Rushcutters Bay Park and Marina create a great local amenity for locals and visitors alike.&quot;

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The new MHNDU plans retained the ground level retail, which Mellick says will home a &quot;sophisticated and experienced food and beverage tenant&quot;, something Fortis has successfully achieved previously in Double Bay, where they brought celebrity chef Neil Perry to their HQ at the base of Pallas House on the exclusive Bay Street.

Mellick says so far there&#39;s been a mix of owner-occupiers and downsizers who have come from the Eastern Suburbs (Elizabeth Bay, Bellevue Hill, Rose Bay) looking at the two&nbsp;and three-bedroom residences, as well as a number of&nbsp;owner-occupiers coming from the Lower-North Shore (Killara and Linfield) as well as the Inner-West.

[smartcode_project_cta: project_id=108913]

The change in direction paid off in spades at the recent launch, with CBRE securing sales of over 60 per cent of the building, including the $13.75 million, two-level penthouse

Why Fortis chose apartments over office space in Darling Point

The national property developer Fortis has seen a flurry of sales at the recent launch of its luxury Darling Point apartment project, MONA.

Some 60 per cent of the apartments on offer sold, with CBRE&#39;s&nbsp;Premium Sales division head Ben Stewart noting the two and three-bedroom apartments sold&nbsp;well.

&quot;Our team are feeling very encouraged by the initial lot of sales achieved,&quot; Stewart says, adding that there&#39;s still a very good selection of stock remaining.

The two-level penthouse, with 253 sqm of internal space as well as its own rooftop terrace and swimming pool, was sold even before the recent launch event. It was bought by property developer Michael Barakat for $13.75 million, a sale reflecting $55,000 per sqm. There was also a $7.8 million sales to a local downsizer.

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MONA, named after its location on Mona Road, one of Darling Point&#39;s best streets, has been designed by&nbsp;MHNDU to blend old-world charm with New York chic.

Stewart said the one and two-bedroom apartments are garnering a lot of enquiry from parents assisting their children.

&quot;It&rsquo;s a great way of getting them into forced saving for a long-term asset,&quot; Stewart suggested.

&quot;MONA has already started to attract this type of buyer because of its location, as well as being a striking looking development that will prove to be a great short to long term investment.&quot;

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Fortis Director Charles Mellick said there has been&nbsp;a mix of owner-occupiers and downsizers who have come from the Eastern Suburbs (Elizabeth Bay, Bellevue Hill, Rose Bay) looking at the two- and three- bedroom residences, with many owner-occupiers coming from the Lower-North Shore (Killara and Linfield) as well as the Inner-West.

Initially Fortis had earmarked&nbsp;the site for a commercial project and ground-floor retail, but Mellick said the&nbsp;current market demand and limited supply for residential is so strong, that with the 180 degree city and harbour views and accessibility to local amenity this really made the location the perfect place for high-end city fringe living.

&quot;Something that is hard to come by and that result is clear with the high demand on sales and response on our sales launch weekend.&quot;

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The creative inspiration for MONA comes from the history-steeped harbourside corridor it overlooks. The design by MHNDU pays deep respect to the architectural details of the original brick apartment buildings and the bustling inner-city neighbourhood.

The &lsquo;blade edge&rsquo; form of the residential tower delivers a boldly modern street presence, complemented by a north-facing glazed fa&ccedil;ade and rooftop sky terrace with unobstructed views.

[smartcode_project_cta: project_id=108913]

Some 60 per cent of the apartments on offer sold, with CBRE's Premium Sales division head Ben Stewart noting the two and three-bedroom apartments sold well

Fortis secure sales flurry at MONA, Darling Point

Following their recent acquisition of 1 Mona Road in Sydney&#39;s&nbsp;Darling Point, the developer Fortis has lodged plans with Woollahra Council for a premium mixed-use development with residential and retail offerings.&nbsp;

Fortis had been looking at creating a commercial development, but have pivoted given the increased&nbsp;demand for luxury apartments in Sydney&rsquo;s east.

Charles Mellick, a director at Fortis, said the team have&nbsp;seen significant demand for well-appointed boutique apartments in Sydney&rsquo;s east in the last year,

&quot;Existing developments in these suburbs have sold out in record time,&quot; Mellick noted.

[smartcode_project:default project_id=108913 project_image_fid=197649]

&quot;The plans for this site in Darling Point have been updated in response to this demand.

&quot;This mixed-use development in Darling Point has an expected end value of $90 million, and we are excited to deliver this to the market in the near future.

Fortis will have the award-winning architects MHNDU work with acclaimed interior designers Richards Stanisich to create the apartments, which will feature lush planting palette by Wyer &amp; Co.

[smartcode_project:default project_id=108913 project_image_fid=197633]

There will be six level of apartments, a combination of one, two and three-bedroom apartments, as well as ground floor retail and commercial space.&nbsp;

All apartments will include external terraces or balconies, with select apartments capturing views across the city, harbour, nearby Paddington and surrounds.&nbsp;

Fortis expect to commence construction by the end of 2021, following development approval.

[smartcode_project:default project_id=108913 project_image_fid=197634]

Fortis spent $17.5 million on the 1,267 sqm city-fringe site last year.

Pallas Group is the parent company of structured property investment arranger Pallas Capital and boutique developer Fortis.

The expected end value of Fortis&rsquo; Sydney projects currently under construction or under a planning proposal is $1.25 billion, with a further $1 billion pipeline of work in Melbourne.

[smartcode_project_cta: project_id=108913]

Fortis will have the award-winning architects MHNDU work with acclaimed interior designers Richards Stanisich to create the apartments



Fortis lodge $90 million mixed-use Darling Point apartment and retail development 

The former Qantas boss Geoff Dixon and his wife, Dawn has sold their Darling Point trophy apartment.

Their New Beach Rd residence came with $10 million hopes, but sold for just over $11 million&nbsp;through Raine &amp; Horne Double Bay.

There were four buyers in the mex for the apartment that had been scheduled for May 6 auction.

The purchasers were a local family.

[smartcode_project:default project_id=13642]

The local paper, The Wentworth Courier advised the 438 sqm apartment had seen 70 people through its first two open homes.

It came with three bedrooms, three bathrooms and double garage parking in the Elandra triplex development.

The apartment was last sold when bought in 2016 for $8.65m from Acme marketing director Victor Topper and his wife, Sandra.

There were $10 million plus hopes for the Darling Point trophy apartment

jchancellor

Former Qantas boss Geoff Dixon sells Darling Point trophy apartment

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There were winners and losers in the Darling Point fashion trade this week.
Bespoke tailor Patrick Johnson and interior designer wife Tamsin scored $1,755,000 for their renovated two bedroom apartment (above), while Seafolly owners Peter and Yvonne Halas still await a buyer for their garden apartment.
The beach-bound Johnson's paid $1,065,000 for their apartment in 2012. A large terrace overlooks Rushcutters Bay Park.
Peter and Yvonne Hallas, who bought a four bedroom penthouse round the corner for $8.35 million in 2015, failed to sell their redundant three bedroom apartment in the tightly held Glen Ascham building.
They paid $1.38 million for the apartment in 1996 and it had a guide of $4.4 million.
This article first appeared in The Daily Telegraph.
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Darling Point designer duo fashion a sale success

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Veteran magazine publisher Marcello Grand has sold his recently renovated Darling Point penthouse for $3,525,000.
<a href="https://www.realestate.com.au/sold/property-apartment-nsw-darling+point-123844118" target="_blank">The two storey apartment </a>came with a price guide of $3.5 million through Richard &amp; Wrench selling agent James Dunn.
Comprising three bedrooms and two bathrooms, the 138 sq m apartment sits atop the 1930s Art Deco building.
Grand bought the unit in 2012 for $1.4 million from former Double Bay Art Gallery director Alan Winters. He is set to spend more time back home in Italy.
There was a $1.21 sale of a 95 sq m apartment on the ground floor earlier this year in the block of six. 
It was 1983 when his Studio Magazines company was established. His first magazine was Studio Collections was a womens' fashion magazine with the Black + White magazine its most known after launched in 1992 and published until 2007. 
Having studied at Turin University, Marcello had previously worked as an architect and advertising consultant. 
This article first appeared in the Sunday Telegraph.
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Studio Magazine's Marcello Grand sells in Darling Point

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Film producer and director Julian Smith has listed his Darling Point sub-penthouse.
He's returning to Melbourne to write, direct and produce a television show described as the automative equivalent to Grand Designs.
<a href="https://www.realestate.com.au/property-unit-nsw-darling+point-123660570" target="_blank">The three bedroom, two bathroom apartment</a> offers Harbour views from the lounge, kitchen, dining and balcony spaces.
It's in a block of just 10 units, best known as the long-time residence of the late former PM Gough Whitlam and wife Margaret.
Smith has owned there since 2007 when he paid $1,135,000 and renovated in 2009.
Laing &amp; Simmons Woollahra agent John Knott has an October 18 auction date for the property.
After selling his ad agency, Julian produced and directed several Australian and US TV shows and films. 
The automotive series, to be titled Brian Tanti’s Workshop will be focusing on Brian’s world-class restoration skills in respect of classic cars, shooting out of Brian’s workshop in Melbourne’s Docklands.
This article was first published in the Sunday Telegraph.
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Director Julian Smith lists Darling Point sub-penthouse

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The Fleming grocery family matriarch, Lois Fleming has snappily sold her Darling Point apartment for $8.5 million. 
It had been listed for late August auction through Raine &amp; Horne agents Max Spartalis and Aaron Fleming, her grandson.
She was married to Jim "The Grocer" Fleming from 1955 to 1982 with the racing industry couple having three sons, Lee, Dean and Paul. 
As a model Lois Wherrett was best known for her quintessential <a href="https://www.pinterest.com/pin/468444798717840630/" target="_blank">1954 Max Dupain photograph</a> with Hugin sewing machine in a Sydney street.
Her Ken Woolley-designed The Point Villas apartment was bought new in 2002 for $5,375,000 from developers Bill Shipton and Mark Bouris. 
This article was first published in the Saturday Daily Telegraph.
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jchancellor-FAypfDUnLy

Fleming family secure $8.5 million for Darling Point villa

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Jane Clarke, the widow of the late Macquarie Bank co-founder David Clarke, is set to depart her apartment in the Arts and Crafts Darling Point mansion, Babworth House, almost two years after its listing. 
It came with overly ambitious $20 million expectations, finally selling to developer Denis Ellerker at around $11.5 million.
It had been <a href="https://www.domain.com.au/for-sale/2-1-mount-adelaide-street-darling-point-nsw-2027-2011826067" target="_blank">relisted earlier this year with $12.5 million hopes</a>.
After it was bought by the Clarke's in 2003 for $8 million, architect Michael Suttor and designer Michael Love collaborated. 
Seems thankfully there's no sales commission to be paid by the executors with the deal done direct.
Ofcourse the art collection that lined the walls of the former 1915 home for retailer Sir Samuel Hordern were sold recently at top prices.
This article was first published in The Saturday Daily Telegraph.
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Babworth, Darling Point trophy apartment sale

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Stars Wars operative Rick McCallum, the right-hand man of George Lucas during its Sydney production, has finally sold his Darling Point apartment.
Julian Hasemer at 1st City - Hasemer + Caldwell.Eyles had <a href="/news/return-of-the-star-wars-darling-point-trophy-listing">recent $6.5 million plus hopes</a>.
It failed to sell in 2011 when listed with $7.5 million-plus hopes.
T<a href="https://www.1stcity.com.au/Buying/Search/Detail.aspx?id=HCES488&amp;wlid=583d9cd3-b095-498f-a856-ec48e7d7539f" target="_blank">he 370 square metres New Beach Road apartment</a> cost $5.4 million in 2002, a then record price for possibly Sydney's finest promenade given the Morton Bay fig trees that line the foreshore.
The whole-floor unit was designed by Iain Halliday in the L'amarre complex, developed by Barry and Christine Elsbury in partnership with the late Ron White and his widow, Robin.
There's a pretty loggia overlooking Rushcutters Bay. 
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