One of North Sydney's best-known commercial buildings could become hundreds of new homes, with insurance giant Zurich Australia lodging a State Significant Development Application (SSDA) to transform 5 Blue Street into a mixed-use residential development above North Sydney Station.

Rather than demolishing the existing building and starting again, Zurich is proposing an adaptive reuse project that would convert the landmark office building into a 15-level residential development delivering 62 apartments, 86 affordable co-living dwellings, activated retail and significant upgrades to the Blue Street Plaza.

The proposal reflects a growing trend of commercial property owners repositioning ageing office assets into residential housing as Sydney grapples with housing supply shortages and changing workplace demand.

<img alt="Zurich" data-entity-type="file" data-entity-uuid="0bba7d12-06dc-4375-aad7-238c94b21ac5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-22%20at%2010.42.05%E2%80%AFAM.png?VersionId=NJl5oLAEBDGuPmY3RnyliKODjMc8lvRh" />

Located directly above North Sydney Metro and train station, the 3,051 sqm site occupies one of the most strategically positioned parcels of land on Sydney's Lower North Shore.

Designed by fjcstudio, the proposal seeks to retain and adapt much of the existing structure while creating a contemporary residential address that better connects with the public domain surrounding North Sydney Station.

The application proposes two basement levels, ground floor retail, affordable co-living accommodation across the podium levels, and apartments above, while preserving and enhancing the publicly accessible Blue Street Plaza.

Rather than pursuing maximum apartment numbers, Zurich has opted for a housing mix heavily weighted towards larger owner-occupier residences.

The proposal includes 62 build-to-sell apartments comprising 12 one-bedroom, 19 two-bedroom, 29 three-bedroom apartments and two premium penthouses. It also incorporates 86 affordable co-living dwellings, which would be managed in perpetuity by a Community Housing Provider.

That balance between traditional apartments and affordable housing reflects the NSW Government's push to increase housing diversity around major transport infrastructure.

The proposal has been lodged concurrently with a rezoning application, with Zurich arguing the site is ideally positioned to support additional housing given its immediate proximity to public transport, employment and services.

"The proposal aims to respond to the housing challenges facing Sydney through the delivery of diverse housing types in a highly accessible location," the design report by fjcstudio states. It also seeks to improve pedestrian amenity through upgrades to Blue Street Plaza while creating a high-performing residential building that responds to the surrounding context.

<img alt="Zurich" data-entity-type="file" data-entity-uuid="36082e15-c636-4481-bb68-5a5f6443fe39" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-22%20at%2010.41.36%E2%80%AFAM.png?VersionId=5P6VD.fvmqjQfIG3TWWMRXxQWiQBjeFB" />

Rather than replacing the commercial building, fjcstudio has developed a design that works with the existing structural framework above the rail corridor, an approach that significantly reduces demolition while allowing the site to be repositioned as a mixed-use residential precinct.

The existing structural constraints have informed much of the building's design, including its relationship with Blue Street and surrounding public spaces.

The building has been designed as a slender tower rising above a clearly defined podium, with vertically expressed façades intended to reduce the perceived bulk while reinforcing North Sydney's emerging skyline.

According to fjcstudio, the architectural language responds directly to the surrounding commercial towers while maintaining a finer grain expression more closely aligned with the neighbouring Lavender Bay streetscape.

The tower incorporates articulated façade elements, landscaped podium edges and recessed upper levels to soften its appearance and improve pedestrian amenity below.

A significant component of the proposal is the revitalisation of Blue Street Plaza.

The existing public space has long served as one of the primary pedestrian connections between North Sydney Station, Greenwood Plaza and Blue Street, yet its role is expected to become even more important following the opening of Sydney Metro.

Zurich's proposal seeks to strengthen that role by improving landscaping, introducing new retail frontages, enhancing pedestrian permeability and creating more active edges throughout the day and evening.

Ground floor retail would wrap the plaza, while separate residential and co-living entries have been designed to improve wayfinding without reducing street activation.

Landscape design has been integrated throughout the podium and public realm, softening what is currently one of the most heavily urbanised parts of North Sydney.

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fjcstudio has carefully oriented apartments towards Sydney Harbour and the CBD while using privacy blades and articulated façades to minimise overlooking between neighbouring buildings.

Large framed openings along the western elevation maximise harbour outlooks, while the eastern apartments have been angled towards the south-east to improve privacy from neighbouring development.

The project forms part of the continuing transformation of North Sydney from a predominantly commercial CBD into a genuine mixed-use city centre.

Since the completion of Victoria Cross Metro Station, developers have increasingly shifted their attention towards residential projects capable of leveraging the area's unparalleled transport connectivity.

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FiveX recently lodged plans for a 61-storey, 490-apartment tower that would become one of the tallest residential buildings in North Sydney if approved.

Aqualand continues to expand its Lower North Shore presence following the completion of AURA on Walker Street and its recent St Leonards and Roseville proposals.

Developers are also progressing projects throughout Walker Street, Miller Street and the Victoria Cross precinct as demand for well-located owner-occupier apartments continues to strengthen.

Joel Robinson

First look: Zurich targets North Sydney office conversion with 148-unit proposal above Metro station

Busy developer Aqualand Prestige has formally taken the next step in its expansion across Sydney's Lower North Shore, lodging a State Significant Development Application (SSDA) for its long-held Archer Street site in Chatswood.

The application covers <a href="https://www.apartments.com.au/new-apartments/51-55-archer-street-chatswood-nsw-2067">51-55 Archer Street</a>, a 1,767 sqm amalgamated site on the eastern edge of the Chatswood CBD, where the developer is seeking approval for a 45-level mixed-use tower delivering 114 apartments, including a significant affordable housing component, alongside retail, commercial space and six basement levels of parking.

The SSDA marks the latest milestone for a project Aqualand has been quietly progressing over the past two years. The developer first secured the site for its Aqualand Prestige platform before undertaking an alternative design excellence process with PTW Architects, ultimately avoiding a formal design competition through the Housing Delivery Authority pathway.

The proposal has evolved considerably from Aqualand's original concept. The revised scheme has been designed around larger owner-occupier product, with an unusually high proportion of three and four-bedroom apartments, targeting the more affluent buyer profile, and downsizer, emerging across the North Shore.

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The 114-apartment mix comprises six studios, 27 one-bedroom apartments, 18 two-bedroom apartments, 50 three-bedroom residences and 13 four-bedroom homes. A quarter of the building will be dedicated to affordable housing, well above the mandated 15 per cent&nbsp;

PTW has structured the building vertically, with affordable housing across levels one to six, premium apartments through levels seven to 31, duplex skyhomes on klevels 32 to 43, a penthouse on level 44, and a rooftop plant level above. Six basement levels will provide resident parking and servicing.

The tower is proposed to reach approximately 154 metres, placing it among a growing collection of residential high-rises transforming Chatswood's skyline.

Rather than competing purely on height, PTW says the design has been driven by creating a slimmer tower capable of delivering significantly larger apartments.

"The primary objective of this project was to create a distinctive building that stands out from the recently approved or built structures in the Chatswood area," the design report states, noting the structural efficiency allows greater investment into apartment quality and resident amenity.

Residents would have access to more than 450 sqm of communal open space including landscaped gardens, swimming pool, rooftop entertaining areas, fitness spaces, community gardens, children's play areas and barbecue facilities.

A major focus of the design has been the public domain.

The ground plane has been opened up through landscaped terraces inspired by Willoughby's sandstone ridges, with native planting, public seating, artwork, retail activation and a series of gathering spaces intended to soften what has traditionally been a hard commercial streetscape.

The landscape strategy references Blue Gum forests once common throughout the area, while incorporating Indigenous storytelling, public art and lighting installations to strengthen the connection to Country.

Chatswood has been one of Sydney's busiest apartment markets over the past 12 months, with a steady pipeline of both new project launches and fresh development applications.

Hyecorp recently launched Celine, a 122-apartment development just along Archer Street, while Changfa and Huirong Group are progressing The Anderson, an 84-apartment project on Anderson Street.

Develotek recently secured approval for a 101-apartment tower on Pacific Highway, while Tian An LFD received the green light for Hammond Greens, its apartment development on the edge of the Chatswood Bowling Club.

Commercial property developer FiveX is also making its move into the residential market. Last month it lodged plans for a 61-storey tower with 490 apartments, which, if approved, would become one of the tallest residential buildings in Chatswood.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/first-look-fivex-targets-chatswood-skyline-with-61-storey-tower-after-north-sydney-plans">First look: FiveX targets Chatswood skyline with 61-storey tower after North Sydney plans</a>

Aqualand is also expanding its development pipeline following the launch of its luxury residential brand, Aqualand Prestige. The developer has delivered a string of high-end apartment projects across Sydney's affluent suburbs over the past decade, most recently AURA by Aqualand on Walker Street in North Sydney.

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It has since quietly assembled its next wave of projects.

Earlier this year Aqualand launched Boronia in Roseville, a boutique 111-apartment development on Larkin Street. The project is one of the first significant apartment developments to launch in the suburb ahead of what is expected to become one of Sydney's most active new housing precincts under the NSW Government's Low and Mid-Rise Housing reforms, which allow greater density around train stations.

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The developer has also lodged plans for a two-tower, 413-apartment development on Herbert Street in nearby St Leonards, further strengthening its presence across the Lower North Shore.

Beyond that, Aqualand remains behind the final stage of Barangaroo, where plans will deliver a five-hectare mixed-use precinct comprising new homes, retail, hospitality and community facilities, alongside a new Metro entrance and more than two hectares of public open space, completing the Barangaroo precinct.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/central-barangaroo-development-takes-big-step-with-concept-proposal-approval">Central Barangaroo development takes big step with concept proposal approval</a>

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/first-look-aqualand-joins-st-leonards-apartment-party">First look: Aqualand joins St Leonards apartment party</a> 
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First look: Aqualand pushes ahead with Chatswood apartment tower as SSDA lodged for Archer Street

Mass timber is becoming an increasingly popular construction material in apartment developments, but Adelaide developer <a href="https://www.apartments.com.au/developers/otello">Otello</a> is taking the approach a step further.

At its new <a href="https://www.apartments.com.au/new-apartments/flowe-bowden-18-gibson-street-bowden-sa-5007">Flowe Bowden</a> development, the exposed cross-laminated timber (CLT) structure isn't just about reducing the building's environmental footprint. It also forms the foundation of a broader wellness strategy, influencing everything from indoor air quality and natural materials to the way residents move through and experience the building.

The 115-apartment mixed-use development, designed by Melbourne-based architecture practice Fieldwork, will occupy a prominent island site opposite Bowden Village Reserve, combining one, two and three-bedroom apartments with retail and a dedicated wellness destination.

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Wellness isn't confined to a gym or shared resident facility at Flowe. Instead, Fieldwork embedded the concept into the building itself.

The development has been split into two residential wings connected by a naturally ventilated central breezeway, replacing traditional enclosed corridors with open-air walkways that improve natural light, encourage cross ventilation and create more opportunities for neighbourly interaction.

"Rather than treating wellness as something that only happens on the ground floor, our response integrates it throughout the building, which led us to ask what it really means to design a healthy building," Fieldwork Director Quino Holland said.

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The building's architecture also reflects Bowden's industrial heritage. The lower podium references the area's historic brick and sandstone buildings, while the upper levels transition to exposed CLT, allowing the timber structure to become a defining feature throughout the apartments and shared spaces.

The use of mass timber sits alongside a range of sustainability initiatives, including a fully electric, gas-free design, rooftop solar and a targeted 5 Star Green Star rating.

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Inside the residences, the focus remains on natural, durable materials. Blackbutt engineered timber flooring, exposed CLT ceilings, porcelain surfaces and warm timber joinery create a calming interior palette, while low-VOC finishes and responsibly sourced materials have been selected to improve indoor air quality.

Kitchens have been designed as the centrepiece of each apartment, featuring porcelain island benchtops, timber-look cabinetry and brushed steel tapware, with layouts that maximise natural light and ventilation.

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The more traditional interpretation of wellness comes in the form of Level Eleven, a two-storey wellness club spanning the ground floor, mezzanine and first floor.

The facility will include a gym, yoga and reformer Pilates studios, Finnish and infrared saunas, magnesium hot and cold plunge pools, and dedicated recovery spaces. Unlike many residential wellness facilities, Level Eleven will also operate commercially, allowing the broader Bowden community to access the venue while giving residents exclusive membership benefits.

The ground floor has also been designed around everyday living. A café overlooking Bowden Village Reserve will activate the street frontage, while a bike workshop with tool storage, co-working space and dog wash has been incorporated to support daily routines and encourage interaction between residents.

"Flowe brings together my two biggest passions, creating places and creating healthier lives," Otello founder Daniel Harris said.

"We wanted to create something Adelaide hasn't seen before, a genuinely healthy building, where the way you live is lifted without even trying."

Flowe is positioned directly opposite Bowden Village Reserve and within walking distance of Bowden Railway Station and the Adelaide Entertainment Centre, placing future residents just minutes from the Adelaide CBD while remaining connected to one of the city's most established urban renewal precincts.

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Otello launches wellness-focused Flowe Bowden with Adelaide-first mass timber apartment design

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

Parcel delivery is joining the apartment amenity checklist

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

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

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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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.
<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/2019/3/5/Dover2.jpg" alt="">
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.
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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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