The residential transformation of St Kilda Road is set to continue into with more new apartment plans for the sought-after boulevard.

Wing Tai Asia has lodged plans for a major residential tower at 464-466 St Kilda Road, replacing the former VACC House with an 18-storey mixed-use development designed around a retained heritage podium and a sculpted contemporary tower.

The proposal, prepared under Victoria’s Significant Residential Development with Affordable Housing pathway, would deliver 325 apartments and ground-floor retail across the prominent 4,653 sqm boulevard site in Melbourne’s St Kilda Road North Precinct.

The project centres on the adaptive reuse of the site’s heritage-listed VACC Building, an eight-storey office designed by Bernard Evans that has occupied the address for decades. Planning documents state the development would involve “carefully dismantling and conserving off-site the original metal fabric of the podium visible from St Kilda Road,” before reinstating it as the defining frontage of the new scheme.

Above the restored podium, Wing Tai is proposing a curvilinear residential tower. The scheme includes 172 one-bedroom apartments, 63 two-bedroom apartments, 66 three-bedroom apartments, and 24 four-bedroom apartments, alongside two ground-floor food and beverage tenancies fronting St Kilda Road.

The tower has been designed with substantial articulation and variable setbacks to minimise perceived bulk and maintain view corridors along the boulevard. Urbis, which prepared the planning report, said the design “has been significantly articulated through a curvilinear design” with “an interplay with materials, façade expression and depth” to create visual separation and visual interest.

The proposal also includes 254 basement car spaces, landscaped pedestrian links connecting St Kilda Road and Queens Lane, and a biophilic landscape strategy featuring canopy trees, raised planters, cascading greenery and a glass oculus pool overlooking the eastern frontage.

Planning documents confirm the $270.1 million development will contribute 3 per cent of project costs to the Social Housing Growth Fund as part of the application process.

Wing Tai acquired the St Kilda Road property in 2018 alongside Abacus Property Group for $95.38 million, before later consolidating ownership of the site. The property previously served as the Victorian Automobile Chamber of Commerce headquarters for around 60 years.

The transformation of the St Kilda Rd boulevard is already beginning to materialise, with a number of high-profile projects recently completed, launched, or approaching launch as developers continue to back the long-term appeal of the precinct.

Among the most notable recent completions is Louise by Samuel Property Group, just off the strip on Queens Lane, the same pocket Hirsch &amp; Faigen recently launched The Queensbury. Mirvac is too on the same street with The Albertine, which is approaching completion.

Dexus recently secured approval for its slice of St Kilda Road, while Gurner also has approved plans for the precinct.

Joel Robinson

Wing Tai unveils 325-apartment St Kilda Road tower on former VACC House site

Malaysian developer <a href="https://www.apartments.com.au/developers/s-p-setia">SP Setia</a> is the latest to jump into St Leonards booming Transport Oriented Development precinct.

The developer, which has previously delivered Sapphire by the Gardens apartment development in Melbourne, identified the Atchison Street site in 2023. It filed a Scoping Report around 12 months ago, and now has revealed the designs for the new&nbsp;40-storey mixed-use tower.

The State Significant Development Application covers <a href="https://next-portal.urban.com.au/projects/14650/summary">20-22 Atchison Street</a>, a 1,374 sqm site positioned between St Leonards Station and the new Crows Nest Metro station.

Designed by <a href="https://www.apartments.com.au/architects/cox-architecture">COX Architecture</a>, the project would deliver 181 apartments, above a four-storey commercial podium, five basement levels, and new public domain works along Mitchell Street. The apartment mix comprises 35 one-bedroom apartments, 39 one-bedroom-plus-study apartments, 85 two-bedroom apartments, and 22 three-bedroom residences.

The proposal has been lodged as a shop-top housing development under the NSW Government’s TOD planning pathway, which allows increased density around key transport infrastructure. The site sits within the recently rezoned Crows Nest Accelerated TOD Precinct.

<img alt="First look: SP Setia targets St Leonards skyline with 40-storey TOD tower" data-entity-type="file" data-entity-uuid="b799673d-48e2-46b0-801a-0e33a9330100" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/atchinson%20site.png?VersionId=dPh0UfwfaHpbFL1R7H1cbZNbIW0CHbCC" />

SP Setia acquired the Atchison Street site as part of its continued expansion into the Australian apartment market. In comments made to City &amp; Country (The Edge Malaysia) in 2023, SP Setia President and CEO Datuk Choong Kai Wai described the acquisition as “a strategic move” aligned with the group’s post-pandemic market recovery strategy.

“Our target for this exceptional development is local and overseas buyers, including first-home buyers, downsizers and investors,” Choong said.

The tower has been designed as a slender vertical form rising from a mixed-use podium, with COX Architecture positioning the development as a response to the evolving St Leonards and Crows Nest skyline.

“The purpose of the project is to facilitate the delivery of high-quality housing at a strategically located site and deliver a built tower outcome that is consistent with the desired future character of St Leonards and aligns with the TOD controls,” the design report stated.

<img alt="First look: SP Setia targets St Leonards skyline with 40-storey TOD tower" data-entity-type="file" data-entity-uuid="b1a85eee-76f7-436c-a6da-73ba827b9b13" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/atchinson%20entry.png?VersionId=dA9jHGPMcm.dDbwk4QfxqWiY5bfh3UVt" />

The podium would incorporate retail uses fronting Atchison Street, commercial tenancies, landscaped communal areas, and pedestrian improvements along Mitchell Street. Vehicle access and loading would be consolidated via Atchison Lane.

Residents would have access to more than 665 sqm of communal indoor and outdoor spaces, while the development proposes 96 parking spaces across five basement levels.

The proposal also includes a commitment for 10 per cent of residential floor space to be allocated toward affordable housing through a monetary contribution.

COX said the tower form responds directly to the emerging high-density character of the precinct while seeking to maximise solar access, cross ventilation, and outlook from apartments.

<img alt="First look: SP Setia targets St Leonards skyline with 40-storey TOD tower" data-entity-type="file" data-entity-uuid="2163f85c-f63b-4be3-aafa-f8763976cec5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Article%20Feature%20Image%20%28Grid%29_5.png?VersionId=WiAmtIKJ6.ZQ41EtYEQ1fol7AeorKBlL" />

“The building is orientated towards north,” the Apartment Design Guide compliance report noted, adding that the tower’s slim form was driven by the constrained inner-urban site dimensions.

The design also incorporates landscaped setbacks and communal open space at podium level, intended to soften the interface with surrounding streets and improve pedestrian amenity.

The project adds to a growing wave of redevelopment proposals reshaping St Leonards and Crows Nest following the opening of the Sydney Metro City line and the NSW Government’s push for higher-density housing around major transport nodes.

Last week Stockland filed plans just down the road. They want to build a <a href="https://www.apartments.com.au/new-apartments/601-pacific-highway-st-leonards-nsw-2065">52-storey tower on Pacific Highway</a>.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/first-look-stockland-plans-52-storey-538-apartment-st-leonards-tower">First look: Stockland plans 52-storey, 538-apartment St Leonards tower&nbsp;</a>

First look: SP Setia targets St Leonards skyline with 40-storey TOD tower

<a href="https://www.apartments.com.au/developers/urban-property-group">Urban Property Group</a> has revealed plans for a new mixed-use tower at 10 Dangar Street, Wickham, advancing a proposal that would reshape the southern gateway to Newcastle’s city centre with one of the city’s tallest residential buildings.

The State Significant Development proposal, now on exhibition, seeks approval for a <a href="https://www.apartments.com.au/new-apartments/bowline-10-dangar-street-wickham-nsw-2293">43-storey tower</a> immediately adjacent to the Newcastle Interchange. The project would deliver around 200 apartments, including 42 affordable housing dwellings, alongside 99 co-living units, a 171-room hotel, retail space, and new public domain integrated through the site.

The scheme marks a significant escalation of plans previously approved for the site. Urban Property Group took over the prominent 2,904 sqm parcel, where excavation and demolition had already commenced under an earlier consent for a 14-storey mixed-use development.

<img alt="First look: Urban Property Group unveils Newcastle’s next supertower at Wickham interchange" data-entity-type="file" data-entity-uuid="58a96dd9-407f-4d20-86b4-94e4bfeef74b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/wickham%20podium.png?VersionId=LGlf08pdFGAZDzvx_CXC4XakHNZRuEE0" />

Designed by <a href="https://www.apartments.com.au/architects/sjb-architects">SJB</a>, the tower has been conceived as a landmark transit-oriented development anchored to the Newcastle Interchange precinct. The proposal includes 245 build-to-sell apartments across a mix of one, two, and three-bedroom residences, as well as two penthouses. Fifteen apartments and one operational unit are earmarked for NDIS housing. The co-living component would add a further 99 units, while the podium would accommodate retail uses and hotel facilities.

SJB said the site presents “a valuable opportunity to anchor the precinct by setting the standard for design, active ground planes and character at the key southern gateway.”

The architecture responds directly to the site’s position beside major transport infrastructure and within one of Newcastle’s fastest-evolving urban renewal precincts. The tower form sits above a sculpted podium designed to frame new public spaces, including a through-site pedestrian link connecting Station Street to Hannell Street, landscaped plazas, and activated retail edges.

<img alt="First look: Urban Property Group unveils Newcastle’s next supertower at Wickham interchange" data-entity-type="file" data-entity-uuid="a7bd6ff0-f7db-4ce8-a6dc-ea56e72c6149" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/wickham%20lanne.png?VersionId=xzf39VADyhj7zBQY2I9fx9vI62u2tuSb" />

The design report describes the project as part of the broader transition of Wickham into “a vibrant, high-quality mixed-use urban precinct” that leverages proximity to the station, open space, and regional connectivity.

A detailed public art strategy has also been prepared for the development. The strategy positions the project as “a transit-oriented development of state significance at the gateway to Newcastle’s city centre” and outlines a series of integrated artworks responding to Newcastle’s industrial and transport heritage.

Creative Road’s curatorial framework for the project, titled Unveil, draws on “stratified surfaces, carved volumes, and light-filled apertures” while referencing Newcastle’s transformation from an industrial city into a contemporary education and technology hub.

<img alt="First look: Urban Property Group unveils Newcastle’s next supertower at Wickham interchange" data-entity-type="file" data-entity-uuid="77a882bb-14b1-4d28-99ff-9438e39508c0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/wickham%20site.png?VersionId=cevgo_vN0eKPK78P8YcEu3mKPLkpFqE7" />

The proposal is being advanced through the NSW Housing Delivery Authority pathway after being declared State Significant Development in June 2025. The accompanying scoping report states the development aims to “maximise the site’s proximity to the Newcastle Interchange by delivering transit-oriented development” while increasing housing supply and affordable housing provision within the Newcastle LGA.

Urban Property Group’s plans align with the long-term strategic vision established under the Wickham Master Plan, which identified the interchange precinct as suitable for substantial uplift in height and density. The current proposal would significantly intensify that vision, positioning the tower among the tallest developments proposed for Newcastle.

The site sits immediately north of the Newcastle Interchange, bounded by Dangar Street, Hannell Street, and Charles Street. It is surrounded by a rapidly growing cluster of residential towers and mixed-use projects that have emerged following the completion of the light rail and transport interchange.

First look: Urban Property Group unveils Newcastle’s latest tower at Wickham interchange

Bottega House has completed settlement of a landmark riverfront site in Macquarie Street, St Lucia, representing its first major Brisbane development.&nbsp;

Positioned on the banks of the Brisbane River, the <a href="https://www.apartments.com.au/new-apartments/180-macquarie-street-st-lucia-qld-4067">premium site at 180 Macquarie Street</a> features uninterrupted river frontage in one of Brisbane’s most tightly held residential precincts.&nbsp;

The proposed development, currently under assessment with Brisbane City Council, has been designed by <a href="https://www.apartments.com.au/architects/plus-studio">Plus Studio</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/mim-design">Mim Design</a> and will deliver a boutique collection of premium residences positioned specifically for owner occupiers and downsizers.&nbsp;

The residences are set to redefine luxury apartment living in the area, with a focus on architectural quality, refined finishes, landscape integration and elevated amenities including curated wellness facilities, resort-style pools and recreation spaces rarely seen in the local market.&nbsp;

Exclusive sales for the project will be led by Keenan &amp; Byrne, ahead of an anticipated launch later this year.&nbsp;

Bottega House Managing Director Nick Malloch said the project reflects the group’s ambition to deliver a highly curated residential offering within one of Brisbane’s most tightly held precincts.&nbsp;

“This is an incredibly rare riverfront opportunity and one we have approached with a long-term perspective,” Malloch said.&nbsp;

“Our vision from the outset was to create a boutique collection of residences that feel more like private homes than traditional apartments, with generous proportions, refined finishes and exceptional amenity throughout."

Malloch says there is a&nbsp;lack of premium owner-occupier stock of this quality in the market, particularly for downsizers wanting space, privacy and a true lifestyle offering without compromise.&nbsp;

"Demand is expected to be strong given the scarcity of premium riverfront opportunities of this nature within Brisbane’s inner-west."&nbsp;

Bottega House secures landmark riverfront site in St Lucia 

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The arrival of the first piling rig officially marks the commencement of construction at SIERA’s new beachside apartment development, Exhale, in Northcliffe.

<a href="https://www.apartments.com.au/new-apartments/exhale-surfers-paradise-8-enderley-avenue-surfers-paradise-qld-4217">Exhale</a>, a glass-encased tower featuring 54 large-scale apartments at 8 Enderley Avenue, is SIERA’s third Gold Coast development. It follows the recently completed PIPIS Bilinga beachfront project, which achieved suburb-record prices, and the soon-to-be-completed Chevron Island development, Tapestry.

[smartcode_project:default project_id=112661 project_image_fid=359603]

<a href="https://www.apartments.com.au/developers/siera">SIERA</a> Founder and Managing Director Brent Thompson said the arrival of the piling rig represented a significant milestone for the development, which is scheduled for completion in late 2028.

Over the next month, around 260 piles are expected to be installed as work progresses on the basement structure. The building is anticipated to rise above ground level early next year, before unveiling its sculptural glass curtain wall, developed in collaboration with specialist façade engineers.

“The façade was designed to maximise panoramic coastal views while creating a distinctive architectural identity,” Thompson said.

[smartcode_project:default project_id=112661 project_image_fid=355935]

Designed by BDA Architecture, Exhale will comprise just 54 two- and three-bedroom residences across 26 levels, a level of low-density living rarely delivered in this beachside pocket between Surfers Paradise and Broadbeach.

The project has been conceived as a resident-only building, with no short-stay accommodation permitted. SIERA says the model is intended to appeal to long-term owner-occupiers rather than transient holiday demand.

[smartcode_project:default project_id=112661 project_image_fid=361052]

Residences have been designed with large-format layouts and expansive glazing, with most apartments featuring more than 30 metres of glass frontage to maximise natural light and ocean views.

The amenity offering spans two levels and centres on wellness and lifestyle, including a heated magnesium pool, sauna, yoga and Pilates studio, gymnasium, private dining facilities, cinema lounge, and dedicated surfcraft storage.

[smartcode_project:default project_id=112661 project_image_fid=359607]

More than half of the apartments have already sold. SIERA has also opened a sales gallery for Exhale at its Chevron Island commercial premises, near its Tapestry tower and the site of its second Chevron Island apartment development, which is slated to launch in early 2027.
</section>
</section>

[smartcode_project_cta:default project_id=112661]

SIERA kicks off construction at Northcliffe tower Exhale

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.

[smartcode_project:default project_id=108913 project_image_fid=197636]

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.

[smartcode_project:default project_id=108913 project_image_fid=197639]

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;

[smartcode_project:default project_id=108913 project_image_fid=197652]

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.

[smartcode_project:default project_id=108913 project_image_fid=197634]

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;

[smartcode_project:default project_id=108913 project_image_fid=197639]

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;

[smartcode_project:default project_id=108913 project_image_fid=197650]

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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firstname1-iYD4UYzvBa

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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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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