Property developer Alta is planning to redevelop an office tower just off St Kilda Road, converting it into residential apartments.

Alta, which is being led by former Fridcorp co-owner Nigel Givoni, has paid around $27 million for the B-grade office asset on a 2,323 sqm site at 10 Queens Road, opposite Albert Park. They are planning a conversion to build to sell apartments.

During the campaign, there became a divergence between bids based on those looking to purchase for office use and those proposing residential redevelopment through adaptive reuse. That gap was over 30 per cent, Cushman &amp; Wakfield advised.&nbsp;

&nbsp;

Jozef Dickinson of Colliers Residential said “10 Queens Road is a prime example of a well-located but underutilised asset that can be repositioned to meet the evolving needs of the city.

"The St Kilda Road precinct, with its proximity to the CBD, Albert Park, and the new Anzac Metro Station underpins its higher and better use. Couple this with premium park and bay views, the site is well placed to support high-quality residential development.”

The site was bought from receivers for Taiwan-backed Everland Global. They had spent $59 million on the 19-level building in 2019 when they bought it from billionaire NBL owner and property developer Larry Kestelman.&nbsp;

Queens Road is where Mirvac is currently building <a href="https://www.apartments.com.au/new-apartments/the-albertine-by-mirvac-melbourne-31-queens-lane-melbourne-vic-3004">The Albertine,</a> just under 100 apartments that will complete in mid-2026.

The site was bought from receivers for Taiwan-backed Everland Global

Joel Robinson

Alta plots office to apartment conversion in St Kilda Road precinct

Rooftop pools are hard to come by in Melbourne.

While generally more of a trend in the Sunshine State due to the climate, Melbourne's gets plenty warm enough in Spring and Summer for the amenity that has been a little left behind in both the Victorian and New South Wales capital.

Projects by Crema decided to break the mould at its recently completed South Melbourne apartment development, The Eighth.

<a href="https://www.apartments.com.au/buildings/the-eighth-south-melbourne-22-kings-place-south-melbourne-vic-3205">The Eighth</a> is one of the least dense projects to be delivered in South Melbourne in years, with just 36 large-scale apartments across the 12-level building.

[smartcode_project:default project_id=5345 project_image_fid=269728]

It was about creating an inspiring space for residents to gather. Those who already call The Eighth home frequently head up to the roof, whether it's for a swim or for the bar and dining area, which offer sweeping views to both the Melbourne CBD skyline and Albert Park.

There's further amenity within the building, with an Italian eatery, serving from the early hours through to the mid afternoon, located conveniently on the ground level.

[smartcode_project:default project_id=5345 project_image_fid=269730]

Peter Kennon, the architect behind the building, described The Eighth as “a container for life”.

Kennon and Projects by Crema Founder Nicolas Crema bonded over their mutual frustration with buildings and residential developments that claimed to offer a superior lifestyle, but did not at their heart have an understanding of and appreciation for the way people really want to live, and that did not give residents the power to curate their own lifestyles.

They decided to create a place to live where people’s lives organically spilled over the edges of their private residences and into other areas of the building. And where spaces inspire feelings of belonging.

This shared vision has resulted in a building that is intuitive, easy living in its DNA. The thinking behind The Eighth and its design epitomises Kennon’s and Crema’s philosophy of lifestyle without compromise.

The building elevates everyday experiences and activities – like reading the paper or working in the downstairs café, meditating or exercising at lunch time, arriving home via a private lift at the end of the day, and catching up with family and friends at night by the rooftop pool – by centring the way people actually want to live now.

“To me, it’s about feeling comfortable in your own skin,” says Kennon.

“It’s the ability to craft a lifestyle and routine that enables you to spend time doing what you love and what makes you feel good. The Eighth works to the patterns of the people living in the building."

To cater for a variety of lifestyle far and above what spaces there are for residents, The Eighth also has a dedicated concierge service and on-site management to elevate the day-to-day experience.

[smartcode_project:default project_id=5345 project_image_fid=269726]

The apartments themselves have been crafted by interior design doyenne Miriam Fanning, whose focus tends to be more on luxury houses than apartment developments.&nbsp;

Her design studio, MIM Design, created the spaces with timeless materials, such as stone benchtops, cove lighting in bedrooms, stone baths in most apartments, and expansive glazing that draws in natural light while maintaining privacy.

[smartcode_project:default project_id=5345 project_image_fid=269730]

Located in South Melbourne, just one train stop from the CBD via the upcoming Anzac Station, The Eighth integrates private residences, co-working spaces, wellness facilities and hospitality offerings within a single, architecturally driven address.&nbsp;

&nbsp;

&nbsp;

There are only four apartments left to sell in the building. The generously-sized 128 sqm three-bed apartments start from just under $1.6 million.

[smartcode_project_cta:default project_id=5345]

Projects by Crema takes lifestyle elements sky high at The Eighth in South Melbourne

Recruitment industry boss Sarina Russo, who heads up&nbsp;one of Australia's largest education, training, and employment providers, is turning to residential apartment development.

An entity tied to Russo has filed plans for a skinny 36-level tower, on a <a href="https://www.urban.com.au/new-apartments/457-adelaide-street-brisbane-city-qld-4000">narrow 367 sqm site on Adelaide Street</a>.

There are just 20 apartments proposed, some full-floor, some multi-floors.

Designed by <a href="https://www.apartments.com.au/architects/nettletontribe">Nettletontribe</a>, the project would replace Jamison House, an existing five-storey office building.

<img alt="457 Adelaide Street, BRISBANE CITY" data-entity-type="file" data-entity-uuid="bd429ae2-a7c3-449b-89f3-7fb67e8c54c0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Adelaide%20st%20front.png?VersionId=2iXa_91lFlbJsVJb15hjXzoAbs8jN5JQ" />

The architectural vision promotes “biophilic design, passive design, and open flowing spaces,” with interiors promising high-end finishes and abundant natural light, the documents submitted to the Brisbane City Council noted.

Each apartment has direct lift access, and most occupy entire or half floors, reinforcing the project’s high-end positioning. Generous private balconies face either Adelaide and Howard Streets.&nbsp;

According to the assessment report by Urbicus, “the building is well designed and articulated with varying setbacks, deep balconies, and variations in façade treatments and materials,” allowing it to integrate with its taller surroundings while minimising amenity impacts.

The uppermost levels will host communal amenities, including a rooftop pool, covered BBQ area, and multiple outdoor lounging zones, with additional resident facilities provided on Level 1 and a mezzanine.

Access to the site is split across its two frontages, with pedestrians entering from Adelaide Street while vehicle access is provided from Howard Street via a single 6.5-metre crossover.&nbsp;

Car parking is facilitated through a car stacker system across three basement levels, accommodating 24 spaces, 20 for residents and 4 for visitors, as well as bicycle storage.&nbsp;

<img alt="457 Adelaide Street, BRISBANE CITY" data-entity-type="file" data-entity-uuid="3fe617d7-7f72-4ee6-ab3c-90a11d123248" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Adelaide%20st.png?VersionId=s4cGqip_A3okoUh_7xfzRJ2Biwdc7gOd" />

The project is a rare one for the Brisbane CBD, which hasn't had a new tower launch in years.

Meriton has <a href="https://www.apartments.com.au/news/qld/meriton-approved-for-brisbane-skyscrapers">approval for its two-tower development on Alice Street</a>, but they are yet to start marketing the 753 apartments.

First Look: Sarina Russo plots skinny Brisbane CBD apartment tower

Legacy Property is taking its new&nbsp;<a href="https://www.apartments.com.au/developments/north-sydney-nsw-2060">North Sydney</a> development to the NSW Government.

They've submitted a State Significant Development proposal for a mixed-use building with 35 apartments, 10 of which will be affordable, above a two-storey commercial podium at <a href="https://www.apartments.com.au/new-apartments/1-church-street-north-sydney-nsw-2060">1 Church Lane</a>.

The new development comprise 35 apartments, 10 of which are affordable, above a two-storey commercial podium. The plan includes the retention and adaptive reuse of the heritage-listed shopfront at 265 Pacific Highway, integrating it into the ground-level frontage.

According to the Scoping Report prepared by Planning Lab, the design “responds to the broader priority and urgent demand for affordable housing” while incorporating a “tower above consisting of 35 residential apartments and communal roof garden”.&nbsp;

Positioned within 300 metres of Victoria Cross Metro Station, the site qualifies for Housing SEPP incentives, including a 30 per cent bonus to height and floor space ratio, which the proposal seeks to utilise.

Designed by <a href="https://www.apartments.com.au/architects/nettletontribe">Nettletontribe</a>, the building would rise 10 to 13 storeys, with a stepped massing strategy to transition from the Pacific Highway frontage down to the finer-grain character of Church Lane. The two-level podium includes new commercial tenancies, communal open space, and landscaping.&nbsp;

Winter gardens have been integrated into apartments along the highway elevation to mitigate noise impacts, and Church Lane is set to be widened to six metres to improve access and separation from lower-scale dwellings to the east.

Nettletontribe said in the documents submitted as part of the application that the proposal delivers a well-resolved mixed-use development that responds to its urban and heritage context along Pacific Highway, North Sydney.

"Positioned along a key section of the Pacific Highway corridor, the site forms part of a transitional zone between the North Sydney CBD and the emerging Crows Nest and St Leonards centres. The design responds to this dual context—addressing the scale and intensity of the highway frontage while engaging sensitively with the finer grain and heritage character of Church Lane and West Street."

<img alt="Legacy" data-entity-type="file" data-entity-uuid="629ff458-3b46-4f72-a01b-aade8baf8b2d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-08-07%20at%2012.03.14%E2%80%AFPM.png?VersionId=kNYKtqbXY1Gjov794jKtaOJmhFm15gUS" />

As the Scoping Report notes, “the design of the proposal is still consistent with the objective of [ADG] controls to maintain the privacy of neighbouring properties,” with separations and setbacks applied particularly along Church Lane.

The proposed envelope is largely consistent with the uplift previously approved through Planning Proposal PP-2021-2926, which designated the site as part of a Southern Transition Area in the North Sydney Civic Precinct Planning Study. That designation supports mid-rise, mixed-use development to bridge the scale between the North Sydney CBD and nearby heritage areas.

The site spans 1,099 sqm and includes four properties. While 253-263 Pacific Highway will be demolished, the heritage item at 265 will be retained and adapted for commercial or community use.&nbsp;

The development includes four levels of basement car parking accessed from Church Lane, with a total of 55 car spaces planned, exceeding minimum Housing SEPP requirements.

Legacy Property, led by CEO Matthew Hyder, has two projects in Macquarie Park, totalling nearly 400 apartments.

Designed by Nettletontribe, the building would rise 10 to 13 storeys, with a stepped massing strategy to transition from the Pacific Highway frontage down to the finer-grain character of Church Lane

First look: Legacy Property proposes shoptop housing on North Sydney fringe

Sydney’s residential market continued its gentle climb in July, with dwelling values up 0.6 per cent over the month and 1.8 per cent across the rolling quarter.

The affordability gap between units and houses is continuing to wide. Units values grew by 0.2 per cent over July, whereas houses jumped by 0.8 per cent, Cotality's Home Value Index found.

Units in the harbour capital are now up 1.3 per cent over the quarter, compared to 1.9 per cent for houses.

Sydney median unit value is $868,000, some $662,000 less than the $1.53 million house median.

Sydney’s relative strength echoes broader capital city resilience, with combined capital values also up 0.6 per cent for the month and 1.8 per cent over the quarter. The gains are underpinned by interest rate cuts earlier in the year, tight listings, and steadily improving buyer confidence.

<h2>What happened in Sydney’s off the plan apartment market in July?</h2>

There were some major moves in the Sydney off the plan apartment market, from Sydney's biggest developers.

<a href="https://www.apartments.com.au/developers/lendlease-development">Lendlease</a>&nbsp;formalised a new joint venture with Mitsubishi Estate Asia and Nippon Steel Kowa Real Estate to develop a $2.5 billion luxury project at 175 Liverpool Street.

<img alt="Lendlease announces partners for its $2.5 billion luxury development on Hyde Park" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_auto/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Bates%20Smart_175%20Liverpool%20Street%2002-min.jpg?VersionId=2l2XiHSdIP5a_Ei_Y3yft5eLPJ6kLX3G" />

Located on the southern edge of Hyde Park, the dual-tower development will deliver up to 300 high-end residences with north-facing views toward the Opera House and Harbour, alongside 2,000 sqm of retail and commercial space.

Construction is targeted to begin in 2027, pending approvals.

Read more: <a href="https://www.apartments.com.au/news/nsw/lendlease-announces-partners-for-its-2-5-billion-luxury-development-on-hyde-park">Lendlease announces partners for its $2.5 billion luxury development on Hyde Park</a>

On the Lower North Shore, <a href="https://www.apartments.com.au/developers/traders-in-purple">Traders In Purple</a> and joint venture partner Sydney Anglican Property were granted planning approval for the renewal of St Andrew’s Anglican Church in <a href="https://www.apartments.com.au/developments/lane-cove-nsw-2066" target="">Lane Cove</a>.

The development will offer 48 two and three-bedroom apartments, many of which will enjoy dual aspect, enhancing outlooks and cross-flow ventilation.

The existing parish church, built in 1924, will be retained and sensitively adapted into a meeting place and portal to the new contemporary auditorium and ministry spaces, linking old and new.

Traders In Purple CEO Brett Robinson said redevelopment of the site had been enthusiastically supported by many members of the local community.

“There is a demand for high-quality, well-designed, premium apartments for locals wanting to downsize in their neighbourhood and those wanting to raise their family in a highly desirable suburb without the burden of a high-maintenance house and yard.

“It was very clear to us that the local community is also in need of a larger performance space, and we look forward to providing the community with a fantastic new venue that will support the cultural richness of Lane Cove.”

Read more: <a href="https://www.apartments.com.au/news/nsw/traders-in-purple-and-sydney-anglican-property-greenlit-for-lane-cove-project">Traders in Purple and Sydney Anglican Property greenlit for Lane Cove project</a>

Over in the eastern suburbs, <a href="https://www.apartments.com.au/developers/toga-group">TOGA</a> reached a significant milestone at The Kensington, with the development officially topping out.

The Anzac Parade building is being delivered by Gold Star iCIRT-rated builder <a href="https://www.apartments.com.au/developers/dasco-australia" target="">DASCO</a>, who can start to turn their attention toward the exterior of the building, and the fitout of the 142 one, two, and three-bedroom apartments strategically located opposite the Kensington Light Rail stop.

[smartcode_project:default project_id=110959 project_image_fid=307645]

<a href="https://www.apartments.com.au/new-apartments/the-kensington-147-151-anzac-parade-kensington-nsw-2033">The Kensington</a> forms part of a broader revitalisation effort along the light rail corridor in Sydney’s inner south.

Residents will move in midway through 2026.

Read more: <a href="https://www.apartments.com.au/news/nsw/toga-tops-out-the-kensington-reshaping-anzac-parade-light-rail-corridor">TOGA tops out The Kensington, reshaping Anzac Parade light rail corridor</a>

Sekisui House Australia released the latest stage of their Melrose Park urban renewal precinct.

<a href="https://www.apartments.com.au/developers/sekisui-house-australia">Sekisui House Australia</a>, in partnership with Hankyu Hanshin Properties, has opened expressions of interest for <a href="https://www.apartments.com.au/new-apartments/aeris-melrose-park-86-wharf-road-melrose-park-nsw-2114">Aeris</a>, the sixth and most elevated stage in the $5 billion Melrose Park master planned community in Sydney’s north-west.

<img alt="Sekisui House Australia reveals Aeris, Melrose Park’s latest stage" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_auto/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Aeris_Stage%206_1_0.jpg?VersionId=xsMRsasGYnnQoaLLmwqtSFAsOQv8ZZJN" />

Aeris will comprise 468 apartments across two tall 20 and 24-storey slender towers. Prices start from $649,000 up to $1.55 million, with internal sizes ranging from 50 to 130 sqm.

As sustainability credentials become more central to buyer expectations, <a href="https://www.apartments.com.au/developments/melrose-park-nsw-2114">Melrose Park</a> continues to model future-facing urban design.

Construction of Aeris is anticipated to commence in late 2025, with the first lower tower due for completion in Q4 2027 and the second and third towers expected in 2028.

Read more: <a href="https://www.apartments.com.au/news/nsw/sekisui-house-australia-reveals-aeris-melrose-park-s-latest-stage">Sekisui House Australia reveals Aeris, Melrose Park’s latest stage</a>

In <a href="https://www.apartments.com.au/developments/crows-nest-nsw-2065">Crows Nest</a>, <a href="https://www.apartments.com.au/developers/deicorp">Deicorp</a> broke ground on <a href="https://www.apartments.com.au/new-apartments/falcon-alexander-8-alexander-street-crows-nest">Falcon &amp; Alexander</a>, offering around 100 apartments near the new Metro station.

Conceived by award-winning architects <a href="https://www.apartments.com.au/architects/turner-studio">TURNER</a>, Falcon &amp; Alexander will create a vibrant vertical village in the heart of one of Sydney’s most connected neighbourhoods. Thoughtfully arranged around a central atrium and lush communal gardens, residences will enjoy panoramic views over Sydney Harbour and the Lower North Shore, with interiors designed for modern, light-filled living.

<img alt="Deicorp breaks ground at Falcon &amp; Alexander, Crows Nest apartments" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_auto/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202025-07-28%20at%203.55.17%E2%80%AFPM.png?VersionId=3IIFc1X8W6tPGj.P6xmw_2limcEUkinJ" />

Residents will benefit from premium amenities, including a resident-only skygarden, and boutique retail and dining spaces on the ground floor, all integrated with the local urban fabric.

With proximity to transport and established retail precincts, the development is well-positioned to capture demand from downsizers and city professionals alike.

Read more: <a href="https://www.apartments.com.au/news/nsw/deicorp-breaks-ground-at-falcon-alexander-crows-nest-apartments">Deicorp breaks ground at Falcon &amp; Alexander, Crows Nest apartments</a>

In the upper north, <a href="https://www.apartments.com.au/developers/capital-corporation">Capital Corporation</a> advanced <a href="https://www.urban.com.au/new-apartments/the-residences-at-wahroonga-estate-169-fox-valley-road-wahroonga-nsw-2076">The Residences at Wahroonga Estate</a>&nbsp;masterplan by appointing DASCO to build the first stage. This is the first partnership between Capital Corporation and DASCO, bringing together two award-winning property powerhouses in what promises to be a defining project for the region.

[smartcode_project:default project_id=135247 project_image_fid=3629]

The move followed over $90 million in early sales, highlighting appetite for prestige residential offerings in leafy, well-connected locales.

Construction on the first 128 residences will commence in the coming months, with completion targeted for late 2027.

Read more: <a href="https://www.apartments.com.au/news/nsw/capital-corporation-appoints-dasco-to-build-the-first-stage-at-the-residences-at-wahroonga-estate-after-90m-in-sales">Capital Corporation appoints DASCO to build the first stage at The Residences at Wahroonga Estate after $90m in sales</a>

City Beat July 2025: Sydney’s apartment upswing gathers pace as Sydney's biggest developers make major moves

Exeter

<html><body>
Clarendon, a country home sitting on over 4.55 hectares of gardens and paddocks in the Southern Highland has been sold.
The Westgrove Road home in Exeter is a classic weatherboard house with Colorbond roof and a wrap around verandah. 
It comes with two open plan living areas opening to the verandah, kitchen master bedroom and 3 other guest bedroom. 
<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/2020/8/31/exeter%202.jpg" alt="">
The master bedroom features walk through wardrobe to the ensuite bathroom with heated towel rail. 
Other highlights of Clarendon include laundry opening to covered verandah, gas fireplace, French doors, and two colorbond sheds. 
<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/2020/8/31/exeter%203.jpg" alt="">
The double garage is attached to the home via the entry vestibule. 
Di Dixon of Belle Property Bowral had the listing. 
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jonathanchancellor-7SQnKwU6yx

Clarendon, Exeter trophy estate sold

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Normandie Park, the 84 hectare mixed farming property in Exeter, has been sold, after a year on the market.
One Agency Maday Property agents Kate Maday and Henry Caprel had a guide of $5.6 million to $6 million.
The <a href="https://www.realestate.com.au/sold/property-mixed+farming-nsw-exeter-700076610" target="_blank">Old Argyle Road property</a> last traded for $4 million in 2017 when offloaded by Dr Leo Shanahan and his wife Joan who wanted $4.9 million.
It was bought by businessman Ying Huang, wife of ad agency executive Robin Chen.
Normandie Park was built in 1962 and designed by Allen Jack+Cottier, having been commissioned by barrister and former Liberal parliamentarian Thomas Sidney McKay.
It was previously owned by the late NSW Liberal Legislative Council politician Thomas McKay, who served between 1966 and 1978, and who died in Exeter in 2004.
<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/2020/8/25/Normandie%20Park.jpg" alt="">
<div class="qualifications ">
<div class="biopar">McKay was a wartime wing commander, barrister, diary farmer, national and NSW amateur golf champion and councillor of Wingecarribee Shire in the 1950s.
</div>
</div>
Allan Jack + Cottier designed the nine bedroom, six bathroom homestead, surrounded by established plantings, trees, dry stone walling and pathways.
The pavilion styled modernist home was constructed with double brick, with a series of interconnected wings connected by hallways. 
The stylish interiors feature three metre ceilings, open plan living, and floor to ceiling glass windows and doors. 
There are a number of slow combustion fireplaces, a large games room, media room, an internal courtyard, a bar room and central kitchen.
Away from the main residence is a fully self-contained three bedroom home. 
The property is made up of nine paddocks of prime pastoral land with basalt and loam soils, a running creek, dams, bore, and water troughs. 
 
 
 
 
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j.ballantyne1990-6AQqhLzZaK

Allan Jack + Cottier designed Normandie Park, Exeter trophy home sold

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The Exeter garden estate Allways has sold for the first time in over two decades, selling for $2.3 million.
It initially sought $2.25 million when first listed in 2015. It's been on and off the market since.
The 2.35 hectare property, last traded for $390,000 in 1999, is described as a quintessential Highlands estate by its The Agency selling agents Cameron McKillop and Nathaniel Berry.
<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/2020/5/11/exeter%202.jpg" alt="">
The two level, three bedroom main homestead features a country kitchen with walk-in pantry. 
In the garden is an artist's or music room with views over the garden. There's a workshop with mezzanine and a gazebo in the old orchard.
<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/2020/5/11/exeter%203.jpg" alt="">
The espaliered apple orchard features varieties of 250 heritage English apples are just coming in to fruit.
The landscaped veggie patch and citrus gardens are protected behind an early sand stocked brick high wall. There's also a lake on the property.
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jrobinson-rf4aSBido9

Exeter garden estate sold for the first time in over two decades 

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The businessman, commentator and former Federal Opposition leader, John Hewson has finally found a buyer for his Southern Highlands listing, Invergowrie.
It was first listed 10 years ago at $11 million.
His Tudor-style Exeter estate was most recently relisted through Mick Maloney, the longstanding local Richardson &amp; Wrench agent, with reduced $6.2 million hopes.
The trophy estate was built in the 1930s for the BHP industrialist Sir Cecil Hoskins, with an extensive 2009 refurbishment to the seven bedroom house that comes with library, ballroom, studies and billiard room.
The nine hectare grounds have Paul Sorensen gardens with tennis court, bocce pit, swimming pool, croquet lawn, orchard, vegetable gardens, a Japanese garden with waterfall, aviary and three guest houses.
Designed by architect Geoffrey Loveridge, Invergowie replaced Headlands, which had been owned by the Yates seed family.
Before that the Badgery family had what remains the landmark feature of the village of Exeter.
Hewson and his wife, Jessica Wilson had revised their price hopes down over the years it was on the market.
They married in the ballroom in 2007.
The former Reserve Bank economist and former member for the blue ribbon seat of Wentworth previously owned another Tudor-style Southern Highlands property, Redlands.
Hewson bought Redlands in 1977 for $106,000 and sold in 1985 for $380,000.
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firstname1-iYD4UYzvBa

John Hewson's Exeter estate Invergowrie finally sold

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The Canberra bound veteran social researcher Hugh Mackay has sold his Southern Highlands retreat at Exeter.
Set amid 3,080 sqm of gardens, <a href="https://www.realestate.com.au/sold/property-house-nsw-exeter-124030082" target="_blank">the architect designed brick home</a> was marketed as offering "The Good Life" - a reference to his recent book.
Highlands Property agent Sarah Wotton had a price guide of $1.05 million which was paid by a Sydney buyer for the three bedroom house with home office and two verandah rooms..
Mackay paid $450,000 in 2008 with wife, Sheila.
<img src="/images/2016/12/14/Exeter.jpg" alt="">
Hugh has been at the fore of research since the late 1970s. 
Their three bedroom Cammeray townhouse recently sold for $1.96 million.
The article was first published in the Saturday Telegraph
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jchancellor-FAypfDUnLy

Researcher Hugh Mackay sells at Exeter

<html><body>
Banjo’s Run, the boutique winery at Exeter in the Southern Highlands, has been listed by Bill and Robyn Hall.
The couple have been their since 2009 following Bill's retirement after 40 years in real estate in Sydney's eastern suburbs.
They bought and rejuvenated an old vineyard then putting out their own wine label.
Banjo’s Run, which recently featured in the Gourmet Traveller magazine, has been listed by Deborah Cullen and Richard Sholl of Colliers Lifestyle Estates with offers due by September 30.
The vineyard comes with Bordeaux style, biodynamic cool climate wines from the 100 acre Sallys Corner Road property. 
“I had a rural upbringing and I wanted to reconnect with that feeling of living in the relaxed countryside but still close enough to the city and the local town” he said. 
 The vineyard is leased out so there is little work for Bill and his family. 
“In the last 18 months we’ve leased the vineyard out and they do all the work - we get to simply sit back and enjoy the fruits of their labour,” he says, with a grin. 
As part of the lease agreement, he receives 64 cases of wine annually. 
“This property is ideal for someone who would like to come down for the weekend but also receive an income stream/ and/or some pretty amazing wine” he said. 
Income is also possible from its three bed and breakfast modules.
The property’s dam contains substantial numbers of trout. 
This article was first published in the Sunday Telegraph.
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Southern Highlands winery Banjo's Run listed

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The former Vogue veteran Robyn Holt and her husband, actor Jim Holt, have secured a $1.175 million Southern Highlands retreat.
The purchase comes after the couple sold their stylish Woollahra home for a change of lifestyle, and whispered to be buying an $880,000 bolthole in the Rex at Kings Cross.
Their new purchase, a stark contrast from their city life, is at Exeter.
Set on a large 8828 sqm, the elegant three bedroom home has real timber floors, french doors and a wood fireplace.
The paved outdoor dining areas offers rural and garden views. Plus plenty of space to grow some vegetables.
Kate Maday of One Agency Maday Property Bowral secured <a href="https://oneagency.com.au/listing?listing_id=194451" target="_blank">the sale</a>.
They said goodbye to their Woollahra property which they bought from DSC Personnel boss Tom Smith for $1.71 million for 2002, shortly before the family moved to Russia following Robyn's appointment as chief executive of Conde Nast and launched Vogue Russia and GQ magazine.
They picked up a tidy profit however, securing a $3.75 million sale for the private two-storey home in March to a doctor.
Designed by renowned 1930s architect F. Glynn Gilling, the three bedroom home had a library and a private courtyard garden. 
The style meister Robyn Holt and her husband, actor Jim Holt, recently became grandparents to Camilla, the first born of their daughter, Hannah.
They met on the set of the 1984 Kennedy Miller miniseries Bodyline.
Holt isn't the first fashion star to call Exeter home.
The style queen Maggie Taberer was a long time Exeter resident during her years at the barn.
The priciest offering in the area is former politician John Hewson's Invergowrie, which has $6.5 million plus hopes.
Exeter is a village with a median house price of $840,000.
This article was first published in the Saturday Daily Telegraph.
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Robyn Holt buys Southern Highlands rural acreage

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<div>Eleuthera, the very glamourous Exeter farm with 4000 tree olive grove in the Southern Highlands, has been sold - but only after its asking price was reduced by $1.5 million to $5 million.</div>
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The rural retreat, just a hour from Sydney, was offloaded by its Monaco-based vendor, Chris Kyriakou, the longtime mining magnate known as “The Golden Greek” who first made headlines in the financial page gossip columns back in the highflying late 1980s. 
His last big splash was when the couple celebrated their birthdays together with a six-day, $1 million party on Christina Onassis’s yacht off Monaco - his 60th and her 40th some six years ago.
Nowadays there's a caveat on the property title that suggest it possibly sits among the contested matrimonial assets following his four year separation from his second wife, the onetime film producer Phoebe Baker. She gives her address as the family's Woollahra home that was bought in 2011 at $7.9 million from the publican Peter Ryan and his wife, Toni. 
They'd previously been renting Malcolm and Lucy Turnbull's Point Piper investment mansion.
His address in Monaco has been the prestigious Seaside Plaza on the Avenue des Ligures.  
Their contemporary Exeter retreat sits on the 40 hectare estate bought in the mid-1990s. The couple married there in 2000 with the home built in 2004 by the mining veteran associated with the Cayman Islands based, Natasa Mining.
Eleuthera, which was sold through Drew Lindsay and John Ross at Drew Lindsay Real Estate, comes home inspired by the modernist architectural forms of Frank Lloyd Wright/
The Ellsmore Road residence of stone, glass and masonry has five bedrooms and three bathrooms.
There's two kitchens - the internal chef’s kitchen with AGA plus the courtyard outdoor kitchen. 
The grounds also come with manager’s cottage and barn style guest accommodation along with heated pool, tennis court and stables. 
This article was first published in the Saturday Daily Telegraph.
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Eleuthera, Exeter sold after $1.5 million reduction

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Mist, the Exeter trophy home of the corporate lawyer and mining executive Chris Hagan, has been sold, in a sale that highlights unseasonal NSW Southern Highlands activity. 
No price reveal, but it was listed with overly ambitious $2.7 million plus hopes. 
The eight hectare estate with four bedroom, three bathroom house at 169 Ringwood Road had been listed through McGrath agent Anne Stone in conjunction with Drew Lindsay of Drew Lindsay.
The house was built in 2013.
Title Tattle gleans the sale was a tad less than $2 million.
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