The Victorian Government has secured the passage of the Building Legislation and Treasury Legislation (Tax Relief) Amendment Bill 2026, introducing a suite of reforms aimed at improving consumer protection and confidence in the apartment market.

Resilience Insurance, Australia’s leading Latent Defects Insurance (LDI) provider, has welcomed the move.

The LDI elements of the Bill passed with bipartisan support and now moves to the Legislative Council where debate and passage are expected later this month. It represents a significant milestone in the national shift toward stronger, longer-term protection for apartment buyers.&nbsp;

The reform would deliver practical benefits across the housing system. Apartment owners will have stronger protection if major defects emerge, developers and builders will have a clearer quality framework to work within, and the State will reduce the risk of serious building failures becoming a long-term financial and social burden for households, communities and government.&nbsp;

LDI helps support apartment delivery while providing stronger protection for buyers and encouraging better construction outcomes.&nbsp;

Resilience LDI provides apartment owners with 10 years of insurance-backed cover for major structural defects from completion, with direct claim access to the insurer. This means owners are not required to first pursue developers or builders through costly legal action before accessing protection.&nbsp;

Resilience Insurance has been operating in Australia since 2022 and has already insured hundreds of development projects covering many thousands of apartments across Australia.&nbsp;

At approximately 1.8 per cent of build cost, it is a cost-competitive alternative to the traditional two per cent Strata Bond, bond while delivering significantly broader and longer protection.&nbsp;

“The Victorian Lower House vote shows that reforms like this succeed when they are practical, evidence-based and supported by industry," says Corey Nugent, CEO of Resilience Insurance.

"Victoria is moving quickly on a reform that will make a real difference for apartment buyers, while supporting better building outcomes and greater confidence in apartment delivery.

“This is step one. We look forward to the Bill completing its passage through the Legislative Council and to working with government and industry to implement the framework effectively.”&nbsp;

Fast Facts: What is Resilience LDI?&nbsp;

<ul>
	<li>Resilience Latent Defects Insurance (LDI): Covers major structural defects for 10 years from completion.&nbsp;</li>
	<li>Consumer-first: Direct claim access, no need for lengthy legal action.&nbsp;</li>
	<li>Cost advantage: At approximately 1.8% of build cost, LDI is typically priced below the traditional 2% Strata Bond while offering broader protection.&nbsp;</li>
	<li>Market leader: Resilience Insurance is the first approved LDI provider in NSW.</li>
</ul>

The Building Legislation and Treasury Legislation (Tax Relief) Amendment Bill 2026 has passed the Victorian Lower House, putting Victoria on track to become the first state to legislate an industry workable LDI framework as a formal alternative to the Strata Building bond. 

Joel Robinson

10-year Latent Defects Insurance for new apartment buyers set to land in Victoria

Just a few months after acquiring a prime Broadbeach site on the corner of First Avenue and Surf Parade, family-run developer <a href="https://www.apartments.com.au/developers/raptis">Raptis</a> has filed fresh plans for a new apartment development.

Raptis is seeking to deliver a <a href="https://www.apartments.com.au/new-apartments/17-19-first-avenue-broadbeach-qld-4217">29-storey tower with 73 apartments</a> on the 818 sqm site. It will be the developer's seventh project in the suburb, as they are approaching completion of The Sterling on George Avenue.

There will be a pool, barbecue and outdoor dining area, residents lounge and dining, sauna and steam room, gym, and a Yoga and Pilates studio.

<img alt="Raptis" data-entity-type="file" data-entity-uuid="b554da3f-7344-49aa-b1c9-44cf459af0d7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-05%20at%2010.41.45%E2%80%AFAM.png?VersionId=zzjWu1iO1wnuYv4EV4fyOyf5nSXjGYut" />

Raptis Joint Managing Director, Evan Raptis, says they remain&nbsp;committed to developing quality infill sites across the Gold Coast in the lead-up to the 2032 Brisbane Olympics.

"This project continues our long track record of delivery in Broadbeach, and we look forward to bringing another premium development to this thriving precinct."

The announcement follows strong delivery momentum for Raptis, with The Sterling Broadbeach nearing completion and construction well underway on the final stage of the Waterpoint community adjacent to Harbour Town. The developer's continued investment in the Gold Coast reflects confidence in the region's apartment market fundamentals, underpinned by sustained Southeast Queensland population growth.&nbsp;

The outlook for the region is further bolstered by infrastructure investment tied to the Brisbane 2032 Olympic Games, which is expected to drive continued economic and population growth across the SEQ corridor.&nbsp;

Subject to a favourable response from Gold Coast City Council, construction on the new First Avenue tower is targeted to commence before the end of 2026.&nbsp;

Read more:&nbsp;<a href="https://www.apartments.com.au/news/qld/it-s-all-in-the-family-four-decades-later-raptis-continues-to-shape-the-gold-coast-skyline">It’s all in the family: Four decades later, Raptis continues to shape the Gold Coast skyline</a>

Read more: <a href="https://www.apartments.com.au/news/qld/raptis-secures-prime-surf-parade-site-for-next-broadbeach-apartment-development">Raptis secures prime Surf Parade site for next Broadbeach apartment development</a> 
&nbsp;

Gold Coast developer brings seventh Broadbeach project to market, targeting construction commencement before year end

First look: Raptis lodges plans for new 29-storey Broadbeach tower 

Brisbane development veteran Kevin Seymour's Seymour Group is set to deepen its presence on one of Brisbane's most tightly held riverfront addresses, lodging revised plans for a luxury apartment development on Oxlade, just a few doors down from The Oxlade, which it completed in 2024.

The <a href="https://www.apartments.com.au/new-apartments/70-72-oxlade-drive-new-farm-qld-4005">new project at 70-72 Oxlade Drive</a>, directly north of The Oxlade, will have 27 apartments across a seven-storey building&nbsp;overlooking the Brisbane River and Merthyr Park. It's a revision from a 2021-approved design.

Designed by bureau^proberts, the project has evolved from the previously approved 26-apartment scheme, introducing an additional penthouse level while maintaining a low-density, boutique character. The development will comprise 26 three-bedroom apartments and a single four-bedroom penthouse, supported by two basement levels with 86 car spaces and 34 bicycle spaces.

The architectural response is centred around two distinct building forms separated by a landscaped open-air atrium.&nbsp;"This dual composition captures and embraces Brisbane’s subtropical environment whilst breaking down built form and scale," the submission to the Brisbane City Council noted.

<img alt="First look: Seymour Group returns to Oxlade Drive with revised riverfront apartment plans in New Farm" data-entity-type="file" data-entity-uuid="c12d84d0-bc11-4067-b46f-5bd2d786a34d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/new%20farm%20landscape.png?VersionId=YEPc2k5CAdh6aAPlu4uVpgZadh4MEfRd" />

A defining feature of the design is a deep landscaped void running through the centre of the building, creating what bureau^proberts describes as a "natural ravine" that enhances airflow, daylight penetration and resident amenity. The design report notes that the separation of the two building volumes is intended to maximise natural light, cross-ventilation and outlook while strengthening connections to the surrounding riverfront setting.

Curved balcony edges, integrated planting and extensive landscaping throughout the façade reinforce the subtropical design approach. The building's façade is softened by elevated gardens and planter beds, creating a green edge that complements the established landscape character of Oxlade Drive and neighbouring Merthyr Park.

New Farm has become one of Brisbane's most sought-after suburbs for developers delivering premium downsizer-focused apartments.

GRAYA has been particularly active in the precinct, completing both Chalk and York in recent years, while construction of Moray House, being delivered for Spyre, is now nearing completion. Architect-turned-developer Joe Adsett recently launched <a href="https://www.apartments.com.au/new-apartments/arcilla-new-farm-by-joe-adsett-28-maxwell-street-new-farm-qld-4005">Arcilla on Maxwell Street</a>, an exclusive collection of just nine apartments.

First look: Seymour Group returns to New Farm's Oxlade Drive with riverfront apartment plans

A new residential tower will be the first piece of a broader mixed-use precinct set to reshape a prominent Newcastle West site, with local developer <a href="https://www.apartments.com.au/developers/gwh">GWH</a> bringing its <a href="https://www.apartments.com.au/new-apartments/cambridge-quarter-newcastle-west-12-denison-street-newcastle-west-nsw-2302">Cambridge Quarter</a> vision to market.

The first release, Tempo, will introduce 87 apartments across a 24-storey tower, marking Stage 1 of the residential component of a larger urban regeneration project planned for the western end of Newcastle's city centre, encompassing the former Cambridge Hotel site.

Positioned on Denison Street, Tempo has been designed as the inaugural building within Cambridge Quarter, a precinct that will ultimately combine apartments, retail activation and revitalised public spaces including the revamping of the Cambridge Hotel.

[smartcode_project:default project_id=135876 project_image_fid=368853]

The tower will comprise a mix of one, two and three-bedroom apartments, including layouts with multipurpose rooms, catering to a broad cross-section of owner-occupiers. Apartment sizes range from around 60 sqm to 192 sqm, with a number of residences oriented to capture views across Newcastle Harbour, the city skyline and coastline.

GWH has emphasised liveability in the design, with open-plan layouts extending to generous balconies and terraces. Residents will have a choice of two interior palettes, while specifications include engineered stone benchtops, SMEG appliances, full-height bathroom tiling and secure building access. Premium upgrade packages will also be available.

Multiple rooftop resident retreats will provide communal outdoor space overlooking the harbour and city, offering an elevated amenity layer above the activity of the precinct below.

[smartcode_project:default project_id=135876 project_image_fid=368851]

The broader Cambridge Quarter vision extends beyond the residential tower itself. Ground-level retail activation and landscaped public areas are planned throughout the precinct, creating a walkable neighbourhood environment connected to the surrounding renewal of Newcastle West. The Cambridge Hotel is also earmarked for future redevelopment into a family-friendly hospitality venue integrated with the new precinct.

The project is strategically positioned within walking distance of Newcastle Interchange, providing access to light rail, regional rail services and direct connections to Sydney. Residents will also be close to Honeysuckle, Newcastle Harbour and the city's beaches and coastal walkways.

[smartcode_project:default project_id=135876 project_image_fid=368852]

For GWH, Cambridge Quarter represents one of its most significant Newcastle developments to date. The locally based developer, which has operated in the Hunter region since 1995, describes the project as a new chapter in the ongoing transformation of Newcastle West.

GWH Executive Director Jonathan Craig said the project had been shaped by a focus on creating lasting community connections.

"We take pride in creating places that last. Spaces where people feel connected, comfortable and a genuine sense of belonging," Craig said.

"Cambridge Quarter is something we are truly proud of, a place shaped by local knowledge, built with care and designed to be part of Newcastle's next chapter."

[smartcode_project_cta:default project_id=135876]

GWH unveils first release at landmark Cambridge Quarter precinct in Newcastle West

<a href="https://www.apartments.com.au/developers/ss-projects">S&amp;S Projects</a>,&nbsp;Rainbow Bay's busiest developer,&nbsp;has officially lodged plans for the largest development in its booming local portfolio, seeking approval for a further 88 apartments on Boundary Street.

The proposal&nbsp;at <a href="https://www.apartments.com.au/new-apartments/209-213-boundary-street-coolangatta-qld-4225">209–213 Boundary Street, Coolangatta</a>,&nbsp;marks the next chapter in the developer's transformation of the southern Gold Coast beachside precinct. It will be its fifth in the area, having already delivered Flow, Awaken and Esprit, while construction continues on the 38-apartment Radia. The new project would rise 57 metres above a consolidated 1,518 sqm site, on the same street as Radia and Esprit.

&nbsp;

Designed by <a href="https://www.apartments.com.au/architects/cottee-parker-architects">Cottee Parker</a>, the proposed development comprises 88 two and three-bedroom apartments across a contemporary podium-and-tower form that integrates extensive landscaping from street level through to the rooftop.

The tower would be delivered above a basement and multi-level podium accommodating resident and visitor parking, with the residential component commencing from level three. The design incorporates cascading planting throughout the façade, landscaped podium edges, and deep planting zones along the Boundary Street frontage.

<img alt="First look: S&amp;S Projects lodges plans for 88-apartment wellness tower at Coolangatta's Boundary Street" data-entity-type="file" data-entity-uuid="677e6615-b5c0-4b6c-b4f9-efb14fcde1a6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/ss%20da%20pers.png?VersionId=YOnPKQm7IFXv0M5H326djEpxk80500Hi" />

A key feature of the development is its expansive rooftop wellness and recreation precinct. Plans reveal a resort-style pool deck, gymnasium, sauna, steam room, hot and cold plunge pools, rooftop terraces, barbecue areas and landscaped relaxation spaces positioned to capture views across the southern Gold Coast coastline.

The rooftop wellness focus builds on the vision S&amp;S Projects first outlined when it acquired the site for $20.25 million last year.

"We are taking every advantage to create a truly unique rooftop wellness experience with a natural feel for residents, offering stone features throughout and an underlying theme that emulates a botanical garden," S&amp;S Projects founder and director Paul Gedoun said at the time.

The proposal seeks a 57-metre building height, representing a 50 per cent uplift on the site's mapped 38-metre height limit. Planning documents argue the additional height is consistent with recently approved and emerging towers in the immediate Boundary Street and Rainbow Bay precinct.

Urbis, acting as planning consultant, said the development would provide "88 dwellings, comprising a mix of two and three-bedroom apartments, contributing to housing choice and supply within an established medium to high-rise coastal urban neighbourhood."

The scheme has undergone extensive pre-lodgement consultation with the City of Gold Coast, with the design refined following feedback relating to architectural expression, landscaping, traffic access and podium treatment.

<img alt="S&amp;S" data-entity-type="file" data-entity-uuid="0a2d70fd-62ac-4b83-97c6-b798fc1243dd" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-05%20at%209.16.31%E2%80%AFAM.png?VersionId=yHmghUwKM3IVGpBktQU1mE.0Lpf3WimG" />

The architectural team is led by Brisbane-based Cottee Parker, one of Australia's most active residential design studios, with landscape architecture by Dunn + Moran. The consultant team also includes ADG Engineers, Windtech and Acoustic Works.

S&amp;S Projects has become one of the most influential private developers operating on the southern Gold Coast. Since entering Rainbow Bay in 2022, the company has assembled a portfolio exceeding $1 billion in end value, establishing itself as a key player in the area's evolution into a premium apartment destination. Pezet Matheson will again handle the sales for S&amp;S.

Coolangatta is entering another wave of apartment development, following the delivery of several prominent residential projects in recent years.

John Kearney's Immerse Projects will launch&nbsp;<a href="https://www.apartments.com.au/new-apartments/kaiya-kirra-beach-5-haig-street-coolangatta-qld-4225">Kaiya on Haig Street</a>&nbsp;soon, meanwhile, Palm Beach-based Sherpa Property Group is preparing to bring its debut Coolangatta development, <a href="https://www.apartments.com.au/new-apartments/flourish-viver-87-griffith-street-coolangatta-qld-4225">Flourish Viveré</a>, to market later this year, subject to approvals.

First look: S&S Projects proposes 88-apartment wellness tower at Coolangatta's Boundary Street

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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firstname1-iYD4UYzvBa

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.

<img alt="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/4/5/hem%203.jpg">

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.

[smartcode_project:default project_id=7758]

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.

<img alt="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/4/5/hem%204.jpg">

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.

<img alt="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/4/5/hem%201.jpg">

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.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/3/6/Raleigh2.jpg" alt="">
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.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/3/6/Raleigh3.jpg" alt="">
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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jrobinson-rf4aSBido9

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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