Brisbane-based <a href="https://www.apartments.com.au/developers/red-co">Red &amp; Co Developments</a> has officially launched its $250million COMO apartment development in Varsity Lakes, while simultaneously commencing construction.&nbsp;

Building work is now underway at COMO following the appointment of <a href="https://www.apartments.com.au/builders/5point-projects">5Point Projects</a> as contractor to deliver the boutique development which will rise on a 2857 sqm site overlooking Lake Orr at 22 Lake Street.

When completed, <a href="https://www.apartments.com.au/new-apartments/como-varsity-lakes-22-lake-street-varsity-lakes-qld-4227">COMO</a> will comprise 156 apartments across 16 levels located in the heart of Varsity Lakes.

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The project, which will sit alongside Bond University, will deliver a diverse array of apartment designs comprising one-, two- and three-bedroom residences that have already attracted interest from local and interstate investors as well as an array of owner occupiers looking to gain a foothold in the precinct.

Red &amp; Co, which has largely focused on the Brisbane market in recent years where it has delivered more than 500 apartments and townhouses across 26 projects, has designed COMO to combine tranquil, lakeside living with the vibrant urban convenience of the vibrant Varsity Lakes village.

“We’re thrilled to announce a start to construction of COMO in conjunction with the official launch of the project, our first for the Gold Coast,” said Red &amp; Co Director and Co-Founder David Laverty.

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“COMO is superbly positioned to capture the essence of the Varsity Lakes village lifestyle and its thriving café and dining precinct, while delivering a much-needed diverse supply of premium residences for the local market.

“Pre-launch inquiries have been strong among both local and interstate investors and owner-occupiers, including downsizers and upgraders who appreciate the value proposition that COMO represents.”

Prices at COMO start from $1,000,050.

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Designed by <a href="https://www.apartments.com.au/architects/bda-architecture">BDA Architecture</a>, the COMO development incorporates an extensive range of amenities for residents including a 25-metre rooftop lap pool, sundeck, barbecue and dining areas, as well as multiple rooftop pickleball and paddleball courts, a wellness and activity centre, gym, sauna, plunge baths and landscaped gardens.

“COMO presents a rare opportunity to secure a stylish, lifestyle-focused home in one of the Gold Coast’s most sought-after neighbourhoods,” added Laverty.

“The rooftop will be the epicentre of fun for residents with an array of amenities for residents that are quite unique for a boutique project such as this, all while offering spectacular vistas across the Gold Coast as far north as Southport and south to Burleigh.”

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Red &amp; Co has chosen the Varsity Lakes site for its proximity to top-tier schools, major shopping hubs, such as Robina Town Centre and its CBD offering, as well as key Gold Coast transport links, including Varsity Lakes Train Station.

COMO will be located just a short walk to shops, cafes and restaurants in Varsity Lakes and just a 10-minute drive to the Burleigh Heads beachfront.

With construction currently underway, Red &amp; Co anticipates COMO will be completed in 2028.

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Joel Robinson

Red & Co to launch debut Gold Coast development Como Varsity Lakes as construction commences

Longstanding Gold Coast developer Raptis has acquired a prime development site on Surf Parade for its next Broadbeach apartment project.

Progressing towards completion of <a href="https://www.apartments.com.au/new-apartments/the-sterling-broadbeach-6-8-george-avenue-broadbeach-qld-4218">The Sterling Broadbeach</a>, 90 apartments on nearby George Avenue, <a href="https://www.apartments.com.au/developers/raptis">Raptis</a>, led by second-generation family man Evan Raptis, has picked up a block on the corner of Surf Parade and First Avenue.

The site had been earmarked for a luxury apartment project with 33 full-floor apartments across a 37-storey tower. Raptis will go back to the drawing board and create a building more appropriate for the site. The development application will be lodged later this month.

Evan Raptis told Apartments.com.au the site ticks all the boxes.

"Broadbeach is a suburb we've developed several buildings over the years. Surf Parade ticks all the boxes for the type of apartment development we want to deliver."

Raptis had several pre-lodgement meetings with council to ensure they are aligned in the development.

<img alt="Raptis" data-entity-type="file" data-entity-uuid="f0d58573-07a4-47a8-9f5e-fbf35fb03dc3" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-03-05%20at%204.58.23%E2%80%AFPM.png?VersionId=iczZEd_4_o4UL0PHMPJGfy_q3tv96J5i" />

Surf Parade has emerged in recent years as one of the most popular streets in Broadbeach for development.

South East Queensland developer Mosaic Property Group kicked it off with Marella by Mosaic. Bassar Group sold out Infinity on the street, while for its&nbsp;first Gold Coast development, Polycell grabbed a Surf Parade site for <a href="https://www.apartments.com.au/new-apartments/the-rochester-broadbeach-143-surf-parade-broadbeach-qld-4218">The Rochester</a>, which is nearly sold out.

Melbourne-based developer Hirsch &amp; Faigen recently launched its fourth Gold Coast project on the exclusive strip. The Eveleigh Broadbeach will have 100 apartments across a 31-storey building designed by Rothelowman.

GV Property Group site development specialists Antonio Mercuri and Luke Reaby, who both amalgamate sites and sell shovel-ready sites to developers up and down the Gold Coast, sold Surf Parade to Raptis.

Raptis secures prime Surf Parade site for next Broadbeach apartment development

Less than two years after breaking ground, Gardner Vaughan Group is celebrating the topping out of Bask, its second development in the exclusive coastal enclave of Bokarina on Queensland’s Sunshine Coast.&nbsp;

Located only minutes from the beachfront, the two seven-storey luxury apartment towers, known individually as Mydas and Caretta, offer a selection of one-to-four-bedroom residences with views of Lake Kawana, the Glasshouse Mountains, and Bokarina Beach.&nbsp;

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Gardner Vaughan Group Commercial Director Sam Gardner said the milestone marks the home stretch for construction, with first residents expected to be able to move in from Spring 2026.&nbsp;

“This is a significant milestone in bringing this development to life and represents our confidence in this region’s long-term growth and appeal,” Gardner said.&nbsp;

“With 85 per cent of apartments already sold, buyers are joining an established, coastal village that offers the very best of the Sunshine Coast – seasonally patrolled surf beaches, renowned restaurants, and links to established health and retail.&nbsp;

“The final collection of three- and four- bedroom apartments range in size from 127sqm to 300sqm, each with two or three secure car parks and storage, and with construction fast approaching completion we don’t expect the last few apartments to remain on the market for long.”&nbsp;

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Local restaurateur Luke Stringer, who co-owns and manages the award-winning Bocca Italian and Playa Mexican restaurants in Bokarina, has lived in the beachside suburb for 18 months and worked there for more than three years, and said the beachside suburb was thriving.&nbsp;

“It’s fair to say Bokarina is finally stepping into the sun and there’s a lot to love about the place,"&nbsp;Stringer said.

"It’s such a great community, where you see the same smiling faces every morning and everything’s within easy reach – it’s the perfect hub in the middle of the Sunshine Coast.

“When we first opened Bocca Italian, we were the lone restaurant, but it’s been amazing to see how the area has grown. The more venues that open, the busier it gets for everyone. When Playa Mexican opened its first Saturday night, Bocca had a record night and Playa was packed too, which blew us away how everyone is thriving.&nbsp;

“There’s a great energy around the place now, and people are really embracing Bokarina as a food and lifestyle destination.”&nbsp;

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Stringer joined other buyers at Bask Bokarina and the Gardner Vaughan Group team to celebrate the topping out at a special event in February.&nbsp;

Located in Kawana Waters, midway between Caloundra and Maroochydore, Bokarina locals enjoy scenic walking paths around Lake Kawana, playgrounds, beachfront boardwalk and parklands, alongside all the convenience of a masterplanned beachside community.&nbsp;

“You see people jogging or swimming in the morning, then grabbing coffee at the cafes, people are really embracing the area and all this growth is bringing more people to Bokarina,” Stringer added.&nbsp;

To take advantage of the vistas, each of the 135 apartments at Bask is designed with full size windows and high ceilings that provide an abundance of natural light.&nbsp;

Prices for the remaining three-bedroom apartments start at $1,599,000 and four-bedroom apartments start at $3,149,000.&nbsp;

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The mixed-use development also features ground-level retail space for cafés, dining options and boutiques, including the soon-to-be-opened ‘Corner Shop’, by the team behind Noosa’s well known ‘Organika’.

Sam Gardner said Gardner Vaughan Group’s 37-year history building and developing across South East Queensland has contributed to the success of its second development in Bokarina, which follows the recently completed Zinc Apartments.&nbsp;

“We care how people live and this is reflected in the way we approach the design and delivery of every development,” he said. “Furthermore, as a builder-developer we have full control over the construction program and our 100 per cent completion rate is something people can draw confidence from.”&nbsp;

Founded by civil engineers Guy Gardner and Darryl Vaughan in 1989, the family-owned business has evolved from a consultancy firm to an award-winning builder-developer, with projects across the Sunshine Coast, Moreton Bay, Brisbane and the Gold Coast.

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Gardner Vaughan Group tops out Bask Bokarina apartments

Prolific Melbourne developer <a href="https://www.apartments.com.au/developers/hirsch-faigen">Hirsch &amp; Faigen</a> has launched its fourth new Gold Coast development in as many years.

<a href="https://www.apartments.com.au/developers/hirsch-faigen">Hirsch &amp; Faigen</a>, led by Daniel Faigen and backed by Eddie Hirsch, co-founder of United Petroleum, has unveiled The Eveleigh, on a prime 1,100 sqm site at 7-9 Surf Parade in the heart of Broadbeach.

<a href="https://www.apartments.com.au/new-apartments/the-eveleigh-broadbeach-7-9-surf-parade-broadbeach-qld-4218">The Eveleigh</a> will deliver 100 apartments across 31 levels, making it the company’s largest Gold Coast project to date. It builds on the success of its three earlier developments, <a href="https://www.apartments.com.au/buildings/hemingway-1267-1273-gold-coast-highway-palm-beach">The Hemingway in Palm Beach</a> and <a href="https://www.apartments.com.au/buildings/emerson-kirra-100-musgrave-street-coolangatta">The Emerson at Kirra</a>, both completed, and <a href="https://www.apartments.com.au/new-apartments/yves-mermaid-beach-7-9-mermaid-avenue-mermaid-beach">Yves Mermaid Beach</a>, which is nearing completion.

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The announcement of The Eveleigh affirms the company’s sustained confidence in the Gold Coast market which continues to remain undersupplied. It also increases the value of Hirsch &amp; Fa​igen’s Gold Coast development portfolio to more than $700 million since the company first entered the market in 2021 with Hemingway.

The company has enlisted its preferred architecture firm Rothelowman to design The Eveleigh, which will offer a thoughtfully curated lifestyle, including a substantial wellness precinct, communal recreation areas, children’s play spaces, work-from-home facilities, and shared lounge and dining areas.

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Designed for the prime market demographic of downsizers and interstate lifestyle investors in mind, The Eveleigh has been crafted to offer an increasingly rare blend of affordable luxury in a tightly held market. Uniquely positioned in the heart of the Gold Coast’s most sought-after lifestyle suburb of Broadbeach, the project will also boast uninterrupted beach and hinterland views.

The Surf Parade site is just a short walk to the bustling Broadbeach dining and retail precinct, Pacific Fair, The Star Gold Coast and convention centre, and an easy stroll to Kurrawa Beach and the recreational amenity of Pratten Park on the Broadbeach foreshore.

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“We’re excited to be proceeding with our fourth project on the Gold Coast in what is certain to become the new luxury precinct in Broadbeach,” says Anthony Bueti, the CFO of Hirsch &amp;a​mp; Faigen and a shareholder of the group.

“With the likes of Mosa​ic and Abedian &amp;a​mp; Co also launching quality projects in the area, the transformation will cement Broadbeach as the premier lifestyle and amenity suburb on the Gold Coast.

"After four years in the Gold Coast market, and with three successful projects completed, The Eveleigh is the product of everything we have learned to love about the Gold Coast and it will be an incredible addition to our growing portfolio in one of the most vibrant property markets in the country. We continue to remain very confident in the high-end Gold Coast property market.”

Urban Activation Director Matt George is handling sales for The Eveleigh, having sold out The Emerson, The Hemingway, and Yves, all before construction was completed.

Melbourne builder MAXCON has already commenced construction on The Eveleigh. They are forecasting a mid-2028 completion.

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Hirsch & Faigen unveils The Eveleigh in Broadbeach

Two years after securing development approval for the final stage of its award-winning Thornton Precinct on the doorstep of Penrith Station, Urban Property Group is set to launch <a href="https://www.apartments.com.au/new-apartments/mayfair-on-penrith-172-lord-sheffield-circuit-penrith-nsw-2750">Mayfair on Penrith</a>, around 400 apartments designed to reflect two of Sydney’s most iconic structures.

The builder-developer has continued refining the design plans for the two-building development on a significant 8,280 sqm site on Sheffield Circuit, recognising the importance of the prime parcel as one of the closest developable sites to the station.

UPG enlisted architecture firm SJB to design the project. The team said they drew inspiration from both the General Post Office in Martin Place and East Circular Quay to help shape the design. The two-level colonnade, in particular, reflects the famous GPO building, which dates back to the 1860s.

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There will be one-, two-, and three-bedroom apartments on offer, with interiors by Cox Architecture. Residences will sit above a retail podium featuring hospitality and lifestyle operators such as One Playground and Volcano’s Steakhouse, contributing to an activated ground plane within the broader Thornton precinct.

A communal rooftop with a pool and views towards the Blue Mountains will provide shared open space for residents. The development is positioned between Ron Mulock Oval and Westfield Penrith, with the Nepean River and Great River Walk also nearby, placing daily amenity and green space within walking distance.

&nbsp;

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Mayfair is being delivered by Urban Property Group, a family-owned developer and builder with nearly 40 years’ experience across Sydney. The project will be the first in Penrith to be offered with Resilience Insurance’s 10-year Latent Defects Insurance (LDI) policy, which Urban Property Group has adopted across a number of its recent developments. The developer also has a 4.5-star iCIRT rating, one of the best ratings in market providing further confidence to buyers.

Urban Property Group CEO Patrick Elias said providing additional assurance to off-the-plan buyers has become increasingly important.

“Anything we can do to give confidence in our product is a plus,” Elias told Apartments.com.au.

“Consumers are a lot more weary and a lot more concerned in buying off the plan than they ever have been. They’re making their single large investment, which is their home, and providing confidence is something that we feel is paramount.”

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The LDI policy provides a 10-year warranty covering structural defects, with independent inspections carried out during construction and protection for owners if defects arise post-completion.

Mayfair represents Urban Property Group’s sixth and final development within Thornton, consolidating the masterplanned precinct immediately east of the station.

The developer, which builds its own projects, has already commenced construction. SRM Residential is handling the sales campaign.

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Urban Property Group to close the curtain on award-winning Thornton precinct with Mayfair on Penrith release

Dover Heights

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A segment Dover Heights trophy home built for 'multi-generational' living is set for auction in mid-December.
The six-bedroom, five-bathroom property can be split into two or even 3 linked residences depending on the preference of the owner.
The home at <a href="https://www.realestate.com.au/property-house-nsw-dover+heights-134928170" target="_blank">5 Lord Howe Street</a> is located close to coastal scenic walks, Rose Bay shops, elite schools and transportation.
Set on 585 sqm, it captures sweeping 360 degree views over the city skyline, Sydney Harbour Bridge and out to sea. 
Michael Pallier of Sydney's Sotheby's Internal Realty is marketing the abode.
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Segmented Dover Heights trophy home set for auction

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Karen Michael, daughter of the late property mogul David Burger has sold her Dover Heights home for an undisclosed price.
The Wentworth Street home was offered with a $7.5 million - $8 million price guide.
Michael is headed to Tamarama where she smashed the previous suburb record paying $15.8 million.
Michael bought her Dover Heights home in 1996 when, aged just 20, she paid $760,000 for the clifftop house and rebuilt it into a three-level residence with panoramic views from the ocean to the city skyline.
The five bedroom, four bathroom abode sits on a 936 sqm block.
Ray White Double Bay’s Ashley Bierman was responsible for both the sale of her former Dover Heights home and her off market purchase in Tamarama.
She purchased the home from Annie Conley, daughter of the late aviation pioneer and philanthropist John Conley who paid $13 million for the home.
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Karen Michael sells in Dover Heights

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<h2>A home in Sydney's Dover Heights, sold earlier this month for $3.57 million in an auction that attracted strong competition at Cooley Auctions.</h2>
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The house, at 6 Elvina Street, features five bedrooms, and two bathrooms.
It sits on a 550 square metre block, and is within walking distance to Bondi Beach.
Bidding started at $2.6 million, and, while several bidders opted out once offers reached the $3 million range, two individuals went back and forth 29 times before the winning price was reached. 
The home previously traded in 2000, when it sold for $1.22 million.
The median house price in Dover Heights is currently $3.95 million. 
Georgia Cleary and Alexandra Churchill, from BradfieldCleary Double Bay, listed the property.
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Dover Heights trophy home sells for $3.57 million

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The recently appointed boss of Google in Australia, Melanie Silva, and her husband Marcelo, have bought in Sydney’s east.
The couple have emerged as $5 million-plus buyers in Dover Heights.
The Blacktown-born Silva, who grew up in what she has described as “really humble beginnings” in Kings Langley, has secured a home that spans four levels with an internal lift.
There’s a double-sided fireplace that separates the living and family areas on the ground level.
The top level comprises the master suite, complete with a walk-in wardrobe and ensuite.
The home comes with views across Sydney Harbour.
It sold through Ray White’s top-selling agent Gavin Rubinstein.
The four-bedroom home had fetched $4.6 million three years ago.
Silva, who attended high school in Parramatta and then studied for an economics degree at Macquarie University, took the top job at Google last October.
She secured the up-market property on her return to Sydney from Singapore where she was posted in 2016 for two years.
This article was first published in the Saturday Daily Telegraph.
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Eastern suburbs buy for new Google boss Melanie Silva

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The billionaire hotelier Justin Hemmes, who has been looking for a home for his ex-partner, Kate Fowler, has quietly secured a $7.5 million Dover Heights abode.

The couple have been living in the expansive Hermitage family compound in Vaucluse following their separation last July after a four year relationship.

<a href="https://www.realestate.com.au/sold/property-house-nsw-dover+heights-129576814" target="_blank">The purchase</a> is just in the name of billionaire bar tsar.

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Model Fowler, the mother of his two young daughters, met Hemmes on a boat in Europe in 2014.

Hemmes, who has recently broke into the $1 billion club due to his vast property empire, had been assisting Fowler in finding a suitable home.

Fowler had previously sought a Bellevue Hill offering but the couple who attended the auction last September were pipped when it sold for $6,575,000, some $575,000 over reserve. 

The Dover Heights acquisition was from Nicki Smoli and her husband Neil Smoli, a non executive director at Aviate Group.

The Smoli couple bought the property run down in 2012 for $2.4 million.

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The oceanfront cliff top masterpiece was then designed by Nicki's father, the architect Dennis Rabinowitz, in 2015 with the build taking 18 months.

The home has four bedrooms, including a master retreat with its own walk in wardrobe, ensuite and balcony.

It sits in 550 square metres of landscaped gardens complete with a heated pool and dining terrace.

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Sydney Sotheby's Double Bay agents Barry and Mark Goldman sold the home after having a $7 million guide.

The purchase comes ahead of Hemmes being ranked 89th in the inaugural edition of The List — Australia’s Richest 250, published in a special magazine in The Weekend Australian.

He is one of 68 property ident­ities who appear in The List, the biggest study of wealth in Australia ever undertaken.

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Hemmes, who's parents, John and Merivale founded the Merivale fashion and property empire, owns the Coogee Pavilion, Ivy and the Newport Arms. He enjoys the ownership of 90 or so properties.

Late last year Hemmes dipped into the office market, purchasing the Sydney CBD building adjoining the Ivy.

It is believed he is seeking external investors, for the first time in Merivale's six decade year history, to undertake a $1.5 billion knockdown rebuild which will see the Ivy expand.

Ivy will be rebuilt within seven years and, while he has not finalised the plans for the precinct that for now at least contains 20 different venues and businesses, he is close to formulating his vision.

This article first appeared in The Daily Telegraph. 
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Billionaire hotelier Justin Hemmes buys $7.5 million Dover Heights home for ex-partner

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Crest, a luxury Dover Heights new build looking across Sydney Harbour, has been listed with suburb record hopes.
The <a href="https://www.realestate.com.au/property-house-nsw-dover+heights-130653750" target="_blank">modern Raleigh Street home</a> has a guide of $13 million to $14 million. 
The former 1970s home last traded for $4.5 million in 2015 when sold by Giuliano "Jules" Di Bartolomeo, the former chief executive officer of blind and shade manufacturing company Kresta Holdings.
The home on 575 sqm was knocked down and Crest was built, an opulent three level mansion with smart home automation.
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Designed to offer views from every angle, Crest's living spaces are wrapped in balconies and alfresco terraces, one opening to an infinity pool with views across the whole of the city and the harbour.
The home's top level is dedicated to four ensuited bedrooms, including a master bedroom with marble adorned ensuite.
The marble kitchen takes centre stage in the entry level living spaces. It features Gaggenau inclusions and gas appliciances plated with gold.
The kitchen, living and dining areas are met with frameless floor to ceiling glass.
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The Agency's Matthew Lahood is marketing the home in conjunction with Domain Group's Nick Dellis.
It's set to smash the Dover Heights record set two years ago when 7's <a href="/news/larry-emdur-secures-dover-heights-record-price">Morning Show host Larry Emdur</a> sold his clifftop family home to celebrity accountant Anthony Bell for $11.5 million.
Cresit the second home in a week that's been listed with suburb record hopes.
The Cliff House, the <a href="/news/dover-heights-the-cliff-house-set-for-suburb-record">luxury Dover Heights clifftop home</a>, has been listed with a guide of $11 million to $12 million.
 
 
 
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Crest to smash Dover Heights record house price 

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There are suburb record breaking expectations for The Cliff House, the luxury Dover Heights clifftop home.
The designer home has a guide of $11 million to $12 million, which would rival the record set two years ago when 7's <a href="/news/larry-emdur-secures-dover-heights-record-price">Morning Show host Larry Emdur</a> sold his nearby family home to celebrity accountant Anthony Bell for $11.5 million.
Emdur went on to downsize to a <a href="/news/larry-emdur-secures-apartment-in-the-rocks">cool apartment in The Rocks</a>, but spends most of his time at his long-time Bondi apartment.
Built by Bellevarde Constructions in 2005, The Cliff House (above and below) was designed by London-based architects Walters and Cohen in collaboration with Sydney-based architects Collins and Turner.
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It features minimalist interiors and a connection with the outdoor.
The home is split into two wings connected by a gallery entry with 6.6 metre high ceiling and a glass atrium, finished with a corten steel sculpture by artist Christopher Hodges.
The open-plan upper level has living kitchen and dining area that flows to north-facing sun terraces and wet-edge pool.
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There are four bedrooms and three bathrooms, as well as an internal lift.
The Wentworth Street property, towering high above the seascape and set privately at the end of a driveway on a 580 sqm parcel, has belonged to Steven Penn since 1996 when he paid $710,000. 
Sydney Sotheby's agents Barry and Mark Goldman are handling the marketing.
The Cliff House joins Crest on the market, the <a href="/news/crest-to-smash-dover-heights-record-house-price">luxury Dover Heights new build</a> which also has suburb record breaking hopes.
 
 
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Dover Heights The Cliff House set for suburb record

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The removalists haven't been spotted, but the former Nine CEO David Gyngell and wife, reporter Leila McKinnon are whispered to have sold their Dover Heights home.
The rumoured buyers are Adam and Alex Somerville from North Bondi. He's in the retirement village business. 
The clifftop home was built in 2014 after the block with 1940s home was bought in 1998 for $1.15 million.
The mansion, designed by David's sister Briony Fitzgerald and mother Anne, was once featured Belle.
"Every room, including the bathrooms, captures views of the ocean, coast or harbour in the distance. On a clear day you can see from Palm Beach to Wollongong," the magazine reported.
A nearby tightly held Wentworth Street, Dover Heights clifftop offering sold at recent auction for a bullish $6 million.
With private ocean views, it is a knockdown on 544 sqm that sold through Bradfield Cleary agent Georgia Cleary.
The sighting of Deborra-lee Furness at an open for inspection quickly triggered a wave of suggestions she and her showman husband Hugh Jackman could be on the lookout for a permanent Sydney abode.
But they were a no-show at the auction.
The word from the Jackman camp is that Furness was merely assisting a family friend with their Dover Heights property search.. 
Gyngell, the son of the late former Channel Nine boss, Bruce Gyngell, has links to the eastern suburbs coast going back to the late 1980s when he was selling beachwear and surfing equipment.
This article was first published in the Sunday Telegraph.
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Former Nine CEO David Gyngell sells Dover Heights home

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A tightly held Wentworth Street, Dover Heights clifftop offering sold at auction last night for a bullish $6 million.
With private ocean views, it is a knockdown on 544 sqm that came with $4.5 million hopes through Bradfield Cleary agent Georgia Cleary.
The price guidance was based on a $4.4 million sale of a 449 sqm holding a few doors along by Cleary in mid-2017.
The home, bought in the 1940s for £340 pounds, last traded internally among relatives at $200,000 in 1982.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/8/20/jackman2.jpg" alt="">
It sold to a phone bidder represented by estate agent Wayne Ihaka.
The <a href="/news/deborra-lee-furness-at-a-recent-dover-heights-open-for-inspection">sighting of Deborra-lee Furness at an open for inspection</a> quickly triggered a wave of suggestions she and her showman husband Hugh Jackman could be on the lookout for a permanent Sydney abode.
They were no-show at the auction.
The word from the Jackman camp is that Furness was merely assisting a family friend with their Dover Heights property search.
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Dover Heights clifftop sells for $6 million

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Rolando Schirato, the third generation of the Vittoria coffee bean family, has bought in Dover Heights with longtime partner, the super-food smoothie company pioneer, Luisa Hammond-Parker.
The North Bondi-based couple have spent $5,875,000 on a 2000 built home complete with two living areas with ocean views.
The north facing five bedroom house was built for Dr Steven Wang.
It was first listed in 2016 it had reported $6.6 million price tag after a major renovation.
Set on 530 sqm, it was sold by Ric Serrao and Dion Markovics at Raine &amp; Horne Double Bay.
The house features expansive rooftop terrace. 
His father Les has been long describer as the coffee king, with Rolando dubbed the merchant prince looking to expand the empire. He was responsible for the widely acclaimed Al Pacino campaign.
 
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