<a href="https://www.apartments.com.au/developers/capital-corporation">Capital Corporation</a> has announced that its <a href="https://www.apartments.com.au/new-townhouses/lovedale-farm-1054-1184-wine-country-drive-lovedale-nsw-2325">Lovedale Farm</a> residential, resort and golf project has secured $24.6 million in sales in just three weeks since the opening of its display home, underscoring the appetite for premium lifestyle property in the Hunter Valley countryside.

The sales milestone has been driven by a diverse mix of buyers, including owner-occupiers and investors from Sydney, Newcastle and the local Hunter region, purchasing both land-only lots and house and land packages across the development.

<img alt="Lovedale" data-entity-type="file" data-entity-uuid="e173edc9-e60e-4f19-a060-9dc4421a3233" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/LovedaleFarm_20250215-1.jpg?VersionId=1LY6CvOaD.Dzrt8tWpWxXtPyfchixNIo" />

&nbsp;

The result builds on the momentum generated at the display home opening on 22 March, which attracted more than 460 attendees.

With house and land pricing from $1.14 million, Lovedale Farm continues to attract strong interest from buyers seeking a premium lifestyle offering at a compelling price point. The development’s vision, a championship golf course, future epicurean village and access to the Hunter Valley’s celebrated wine country, has resonated with a broad buyer profile, from first-time investors to those looking to make the move and call the Hunter Valley home.

<img alt="Lovedale Farm records $21.4 million in sales in three weeks" data-entity-type="file" data-entity-uuid="b358e789-e1eb-40ed-8105-ed5c8297136f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/20260321LovedaleFarmDisplayHomeOpening--6.jpg?VersionId=6GUO8TNnxuELONrsM6n9imDB6oc82Bor" />

Jim Hunter, Managing Director of Capital Corporation said the response since opening the display home has been encouraging.

"To reach $24.6 million in sales in just three weeks speaks to the genuine demand for a lifestyle community of this calibre in the Hunter Valley," Hunter says.

"We’re seeing buyers from across the region and beyond, including investors who recognise the long-term value, and owner-occupiers who simply want to live somewhere truly special.

“Lovedale Farm is two decades in the making, and the market’s response is everything we hoped for. We’re excited to see these first buyers become part of the Lovedale Farm story from the very beginning."

<img alt="Lovedale" data-entity-type="file" data-entity-uuid="54d985cf-2ac2-400b-ac02-4401f3421ac7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/20260321LovedaleFarmDisplayHomeOpening--5.jpg?VersionId=3866bPoqpLZsm.3ACg9EafAr1W3miC_f" />

&nbsp;

Spanning 240 hectares on Wine Country Drive in <a href="https://www.apartments.com.au/developments/lovedale-nsw-2325">Lovedale</a>, the $1 billion development is expected to deliver around 1,250 jobs during construction and inject more than $300 million into the local economy. The first 200 homes and championship 18-hole golf course are anticipated for completion in late 2027.

Capital Corporation has also lodged development plans for the Lovedale Farm clubhouse, set to become a vibrant hub for residents and the wider Hunter Valley community. Further releases are planned for later this year.

[smartcode_project_cta:default project_id=14476]

Joel Robinson

Lovedale Farm display home opening triggers $24.6 million in sales in three weeks

Prominent Malaysian developer <a href="https://www.apartments.com.au/developers/osk-property">OSK Property</a> has unveiled <a href="https://www.apartments.com.au/new-apartments/aura-at-melbourne-square-7-hoff-boulevard-southbank-vic-3006">Aura</a>, the next stage of its $3.5 billion Melbourne Square precinct in Southbank, continuing its push into wellness-led, amenity-rich apartment living.

The $800 million tower, planned for 7 Hoff Boulevard, will rise 67 storeys and deliver 673 apartments, with COX Architecture drawing on both Japanese design principles and Australia’s natural landscape to shape the building’s identity. A rectangular grid aesthetic defines the building’s exterior, with COX drawing design cues from New York high-rises and Tokyo’s skyline.

Aura builds on a growing trend in high-density living, where wellness is no longer an add-on but central to the product. The development is structured around four key pillars, combining calm, minimalist residences with layered communal spaces, landscaped gardens, and a suite of wellness amenities designed to support both physical and mental wellbeing.

[smartcode_project:default project_id=151921 project_image_fid=367465]

At the core of the project is what OSK describes as a vertical wellness ecosystem, a multi-level approach to amenity that integrates health, lifestyle, and social spaces throughout the building rather than confining them to a single level.

The main resident hub, the Aura Club on level seven, will include a pool, cold plunge, spa, gym, Pilates and yoga studios, alongside more lifestyle-driven inclusions like a golf simulator, music rooms, library, and work-from-home spaces. Above, a series of higher-level amenity zones, including the Meridian Club and Cumulus Club, introduce more refined, social and retreat-style environments, with private dining, lounges, and premium wellness spaces positioned to take advantage of city views.

[smartcode_project:default project_id=151921 project_image_fid=367467]

The residences themselves will largely include balconies, a key design move in a market increasingly focused on natural light, airflow, and connection to the outdoors. Views will extend across the CBD, the Arts Precinct, Royal Botanic Gardens, and beyond.

Aura also introduces approximately 1,600 sqm of retail across the lower levels, further activating the Melbourne Square precinct, which already includes Kennedy Park, a Woolworths, childcare, and a growing mix of hospitality operators.

[smartcode_project:default project_id=151921 project_image_fid=367474]

“Aura stands tall as an exemplar of holistic wellness – its focus on social, physical and mental health culminate in a building that is calming, restorative and relaxing, where residents will have their own sanctuary within the well-connected and sought-after <a href="https://www.apartments.com.au/developments/southbank-vic-3006">Southbank</a>," says&nbsp;OSK Property CEO Chong Boon Woon.

“We have been very encouraged by the market’s response to the BLVD offering, and we know there is a strong demand for the level of amenity, service and design that the Melbourne Square precinct is known for.

“Complemented by work-from-home lounges for professionals, family friendly outdoor garden spaces, and state-of-the-art fitness and wellness facilities, Aura will continue our focus on maximising physical, emotional, and mental wellbeing,” he said.&nbsp;

[smartcode_project:default project_id=151921 project_image_fid=367475]

The project follows the strong performance of BLVD, which is now around 80 per cent sold, and reinforces OSK Property’s long-term commitment to Melbourne Square as a fully integrated, mixed-use precinct.

Construction is expected to commence in late 2026.

[smartcode_project_cta:default project_id=151921]

OSK unveils AURA, the latest stage in Southbank's $3.5 billion Melbourne Square precinct

National developer Time &amp; Place appears to have settled on a design for its long-anticipated Potts Point project.

After several years of back and forth with local council and the NSW Government, the developer, which has spent close to a decade targeting the former The Chimes site on Macleay Street, has now progressed its plans.

Following a concept design submission last year by SJB, Time &amp; Place has lodged a full State Significant Development Application with the NSW Government, this time for a scheme designed by Kerry Hill Architects.

<img alt="Time &amp; Place" data-entity-type="file" data-entity-uuid="504d2a27-d65f-4227-8189-1e35e3376e62" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-04-20%20at%209.38.24%E2%80%AFAM.png?VersionId=_XqFKATYHF30KnVByPxhaI9UBzmkmfn7" />

The 16-storey proposal includes 44 apartments, 21 of which will be build-to-sell. These will comprise 19 three-bedroom apartments and two four-bedroom penthouses.

More than 50 per cent of the development will be dedicated to affordable housing, with 23 studio apartments to be delivered in line with the NSW Government’s Housing SEPP.

Kerry Hill Architects said the proposal is driven by a strong response to place.

“Our proposal for a new residential building for Potts Point in Sydney is driven by a deep consideration of place,” the practice said in its submission.

“This operates on multiple levels, including a landscape approach that reinstates endemic flora of the Sydney peninsula and provides a ground-floor garden for residents, reconnecting the site to its pre-European history. A brick podium further strengthens this relationship to context, integrating planting and fine bronze detailing that references the predominant material language of Macleay Street.”

The three-level podium will be topped by a communal resident space, featuring a covered pool designed to receive direct afternoon sun in winter, a neighbouring reflection pool, dining and event areas oriented to maximise sunset views, and an outdoor exercise zone.

<img alt="Time &amp; Place" data-entity-type="file" data-entity-uuid="8d3eedc1-babb-44a3-bd96-d8a42f3adf1f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-04-20%20at%209.37.48%E2%80%AFAM.png?VersionId=Ii7.4dvqNatu5GQi6bhqNjAswrMB998." />

The design also incorporates highly crafted shopfronts and a clearly defined residential entry to activate the street. Juliette balconies to the podium residences will provide passive surveillance and a strong sense of habitation.

Above, the larger apartments are housed within a light-coloured masonry and bronze tower.

“The tower steps back in a series of gently curved volumes that reference the rich Art Deco context of Macleay Street,” the architects said. “Carefully calibrated vertical fins frame the views while providing privacy and a sense of refuge.”

<img alt="Time &amp; Place" data-entity-type="file" data-entity-uuid="6fab60f4-3140-4469-b47a-48c781e0a30b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-04-20%20at%209.28.44%E2%80%AFAM.png?VersionId=e5XxrM3kzdASdKlcIACHAHbOSZhSKC9O" />

Time &amp; Place has been one of the most active developers nationally in the last 12 to 24 months. Late last year they completed&nbsp;The Queensbridge in&nbsp;<a href="https://www.apartments.com.au/developments/southbank-vic-3006">Southbank</a>, a mixed-use tower with 353 apartments and a hotel. They are currently selling Park Modern, 246 apartments near the famous Botanic Gardens in South Melbourne.

The developer has approval for The Burke, a mixed-use project in&nbsp;<a href="https://www.apartments.com.au/new-apartments/glen-iris-vic-3146">Glen Iris</a>&nbsp;being delivered in partnership with Woolworths. The 60 apartments, positioned above a new Woolworths supermarket, are expected to launch in the coming months. Time &amp; Place is also progressing plans for the redevelopment of&nbsp;<a href="https://www.apartments.com.au/developments/northcote-vic-3070">Northcote</a>&nbsp;Plaza, and have recently submitted plans for a <a href="https://www.apartments.com.au/news/vic/time-place-unveils-plans-22-storey-south-melbourne-tower">22-storey tower</a>, another in South Melbourne.

In&nbsp;<a href="https://www.apartments.com.au/developments/sydney-nsw">Sydney</a>, the developer has two projects in Manly: Two Tides, which is currently under construction, and an ultra high-end building on&nbsp;<a href="https://www.apartments.com.au/buildings/shoreline-manly-beach-89-90-north-steyne-manly">North Steyne</a>, fronting the beach. It is also continuing to work through the redevelopment of The Chimes building on Macleay Street in&nbsp;<a href="https://www.apartments.com.au/developments/potts-point-nsw-2011">Potts Point</a>, as well as Marlborough House, the redevelopment of the original David Jones warehouse building in&nbsp;<a href="https://www.apartments.com.au/developments/surry-hills-nsw-2010">Surry Hills</a>.

First look: Time & Place settles on design for The Chimes, Potts Point redevelopment

<a href="https://www.apartments.com.au/developers/develotek">Develotek</a> is joining the likes of TOGA, Deicorp, and One Global Capital, betting on a boom in Five Dock ahead of the 2032 mooted opening of the Five Dock Metro Station.

Develotek, which is currently developing Bianca on the Drummoyne waterfront and has plans approved for a tower in Chatswood, has filed a State Significant Development Application for a <a href="https://www.apartments.com.au/new-apartments/79-81-queens-road-five-dock-nsw-2046">two-building project in the evolving Kings Bay precinct</a>.

The buildings, one more boutique just five storeys and the other 26 storeys, will rise from an 3,158 sqm site across&nbsp;79–81 Queens Road and 2–8 Spencer Street, will home 134 one-, two-, and three-bedroom apartments, above ground-floor retail and five basement levels of parking.

A key component of the proposal is the inclusion of 15 per cent of residential floor space as in-fill affordable housing, unlocking additional height and density under the Housing SEPP.

<img alt="First Look: Develotek lodges State Significant shop top housing project in Five Dock precinct" data-entity-type="file" data-entity-uuid="3ee31bf7-75ba-4bc5-b190-49885193219f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/podium_2.png?VersionId=730UbrduuwK3C1sO28RHjiLPUPqXqjkh" />

Designed by <a href="https://www.apartments.com.au/architects/plus-studio">Plus Studio</a>, the scheme adopts a podium-and-tower configuration, with a five-storey street wall along Queens Road transitioning to a 26-storey tower set deeper into the site. The ground plane prioritises activation and permeability, with retail frontages and a new through-site link connecting Queens Road to Spencer Street.

At the upper levels, the tower façade has been conceived using a modular system to support prefabrication and reduce construction waste, while improving build efficiency. The splayed form draws on the geometry of surrounding industrial rooftops, reinterpreting the area’s heritage in a contemporary expression while also helping to reduce solar heat gain to east and west-facing apartments.

“This project aspires to transform a former industrial site into a connected, resilient and people-focused urban community, grounded in Country, shaped by history, and designed to enrich everyday life within the evolving Kings Bay Precinct,” said John Walsh, Principal at Plus Studio.

The proposal reflects the broader transformation of the Kings Bay Precinct under the Parramatta Road Corridor Urban Transformation Strategy, marking a shift from its industrial past to a higher-density, mixed-use urban neighbourhood.

<img alt="First Look: Develotek lodges State Significant shop top housing project in Five Dock precinct" data-entity-type="file" data-entity-uuid="abde734c-1e31-4a97-a1d2-fa9bcf31c380" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/building%20podium.png?VersionId=fNUupP6u146yEytQT31kKVRxwtACgPpP" />

Develotek is emerging as an active participant in the state’s affordable housing-led uplift pathway. The developer recently secured approval for a 34-storey mixed-use tower in Chatswood, where it similarly leveraged the in-fill affordable housing provisions to increase scale and deliver a 101-unit scheme with dedicated affordable apartments.

Their entry into Five Dock places them alongside a growing list of developers targeting the suburb ahead of its anticipated transport uplift, with Sydney Metro set to extend into the area. Major players including TOGA, Deicorp, and One Global Capital are all progressing large-scale precinct-style developments nearby, collectively reshaping the low-rise industrial fabric into a higher-density mixed-use corridor.

The Five Dock site sits within the Kings Bay Precinct, a key renewal area under the Parramatta Road Corridor Urban Transformation Strategy, where planning controls support significant uplift tied to affordable housing delivery. The consolidated 3,158 sqm site is currently occupied by low-rise industrial uses, including warehouses and vehicle workshops, earmarked for transition.

First Look: Develotek joins in Five Dock apartment boom

Ascot’s Racecourse Road continues to be a hive of activity for Brisbane developers.

Following Fortis and GRAYA, which are both preparing new projects along the key strip connecting Kingsford Smith Drive and Eagle Farm Racecourse, local developer <a href="https://www.apartments.com.au/developers/skyhold">Skyhold</a> is the latest to lodge plans for its own development.

The group is proposing One One Two Residences, a boutique project comprising just seven apartments, named after its address at 112 Racecourse Road.

The proposal outlines a five-storey building on an 810 sqm site. The built form slightly exceeds the four-storey expectation under the neighbourhood plan, aligning instead with the emerging character of the strip. As the planning report notes, “the locality is characterised by a transition toward medium-rise residential development, with a number of recent developments… above the stipulated height limits.”

<img alt="First Look: Skyhold lodges plans for boutique Ascot apartments as Racecourse Road revival gathers pace" data-entity-type="file" data-entity-uuid="ec577631-8c51-4163-960e-e7b3a77d655b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Ascot.png?VersionId=iAzQ46D4Uu1UqiS0mVnlcy9jeFKBpJIj" />

Designed by 111 with landscape architecture by <a href="https://www.apartments.com.au/landscape-architect/paul-bangay-garden-design">Paul Bangay Studio</a>, the scheme adopts a layered architectural approach with strong articulation and a subtropical response. Deep balconies, integrated planters, and a mix of masonry and textured finishes define the façade, while upper-level setbacks reduce perceived bulk. The architectural statement describes “a series of horizontally expressed layers, defined by deep balconies and a consistent robust material palette,” aimed at delivering a refined streetscape presence.

Apartments are configured as large-format residences, including multiple three-bedroom layouts and a full-floor penthouse, supported by ground-level parking. A rooftop terrace will provide communal amenities including a pool and landscaped recreation areas. The design prioritises privacy, natural ventilation, and greenery, with planting integrated across all levels to soften the building form and contribute to the public realm.

<img alt="First Look: Skyhold lodges plans for boutique Ascot apartments as Racecourse Road revival gathers pace" data-entity-type="file" data-entity-uuid="1e1219bd-b45a-4d7f-bbc7-7207d7b2fc94" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Ascot%20entry.png?VersionId=JIoUOLMgQ5xWpEF0etEI3ffIoIVjD7gO" />

The proposal sits within the Racecourse Road precinct, a key mixed-use spine in Ascot that continues to attract renewed development interest.

Later this year national developer Fortis will launch its own boutique development, which, pending council approvals, will be 16 apartments designed by Koichi Takada Architects, just down the street.

“Racecourse Road is going through a massive revitalisation and we’re proud to be a part of that transformation,” said Fortis's QLD General Manager, Dan Boman.

Nearby, GRAYA is advancing its larger-scale The Gallery, a mixed-use shop-top housing project designed to act as a “catalytic project for Racecourse Road.”

First Look: Racecourse Road, Hamilton revitalization to continue as Skyhold joins the party

Hawkesbury River

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Fisherman's Point, an eight acre Hawkesbury River waterfront property previously used as an outdoor recreational camp, has been listed for sale.
The property, only directly accessible by boat, helicopter or seaplane, was once owned by Outward Bound Australia.
They ran a charitable camping and adventure organisation that began as a post-war mission to help boys become men.
Outward Bound sold the property in the 1970s to Knox Grammar for their camping and adventure programs.
<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/2018/9/12/hawk.jpg" alt="">
In 2000 Knox Grammar sold Fisherman's Point to London-based multi-millionaire and neighbour Ian Gowrie-Smith.
The boarding house style facilities with 26 bedrooms can accomodate up to 120 people, along with a recreation hall with full commercial kitchen.
<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/2018/9/12/ghost3.jpg" alt="">
LJ Hooker Terrigal agent Tim Andrews suggests tourism and hospitality uses including resort, health retreat or wedding venue.
He has hopes for between $4.4 million to $4.8 million for the four allotments that are being sold in one line.
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j.ballantyne1990-6AQqhLzZaK

Outward Bound Australia ghost town for sale

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Sydney's north-west corridor has suffered the greatest decline in apartment values since their peak, according to data from Corelogic shows.
Re-sale prices of apartments have dropped 19% compared with their original selling prices at different times of their peaks over the boom over past few years. 
Apartments in the Hills and Hawkesbury area in the north-west corridor of Sydney peaked last year.
The downturn has impacted on new and established apartments.
Recently a three bedroom unit in a 1990s building at <a href="https://www.realestate.com.au/sold/property-house-nsw-baulkham+hills-127841946" target="_blank">4/32-38 Linton Street</a> in Baulkham Hills sold for $790,000, having traded six months ago for $820,000.
A nearby two bedder in a newer 2016 block at <a href="https://www.realestate.com.au/sold/property-apartment-nsw-baulkham+hills-127440366" target="_blank">110/1 Meryl Avenue</a> (top) recently fetched $690,000, down on its $728,000 off the plan sale in 2014.
<img src="https://pbs.twimg.com/media/DezG1M2UYAEqLZE.jpg" alt="" data-aria-label-part=""> 
"While values may have bottomed for now there is still a lot of new unit stock to be completed over the coming years which could create more downwards pressure on values over time despite the stronger conditions recently," Corelogic senior analyst Cameron Kusher told The Australian Financial Review.
"I'd suggest it will take a long time for unit values in that region to recover back to their previous peaks," Kusher said.
"At their peak the median value of a unit in the Baulkham Hills and Hawkesbury region was in excess of $900,000 when you consider the distance from the city centre and the fact that house values are not that much more expensive it is not really a surprise to see large unit value falls in that region."
Apartment developers have flocked to the northwest region buoyed by the construction of the new Sydney metro, a fast train that runs as far as 50 kilometres from the CBD.
As for standalone houses, since the peak of their prices in July last year, prices in Sydney's inner city, inner south such as Alexandria, Waterloo and Zetland and the inner west such as Balmain have fallen between 10 to nearly 14%.
Values of standalone houses in North Sydney and the northern beaches have come down between 7 to 9%.
House prices in the eastern suburbs have fallen nearly 5% since last July.
Apartment values in Sydney overall, however have held strong mainly because of its affordability, Corelogic says.
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Baulkham Hills and Hawkesbury apartment values tumble 19% off peak pricing

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The Ebenezer estate overlooking the Hawkesbury River owned by Australian water ski legend Ron Marks, has hit the market.
It's been in the Marks family for over 60 years and was where Ron learned to ski as a young boy.
Set on eight hectares with its own private 450 metre sandy beach, the riverfront home was custom-built 10 years ago by Craig Young.
A 450 square metre industrial shed, ideal for watersport equipment, and a private concrete boat ramp, sit in the grounds.
Starr Partners North Richmond Robbie Dunn is marketing the five bedroom <a href="https://www.realestate.com.au/property-house-nsw-ebenezer-127420430" target="_blank">Portland Head Road home</a> which can be bought complete with original artworks and full range of designer furniture.
He's asking $4.3 million with all the trimmings, or $3.9 million without.
Marks, an Australian and Master champion and World Slalom record holder, retired from his international career and started his own business.
The first RonMarks RM water ski was made in 1964 in a humble factory in Guildford, west of Sydney.
Now manufacturing water skis and a number of other water sport products, Marks exports the RM brand of water equipment to more than 63 countries.
The parent company Dynamic Products Corp remains headed up by Marks.
"When I started this business I began with a dream, and a passion, to design and build the calibre of products that would become recognised and appreciated as a symbol of excellence throughout the world," Marks says.
"I am indeed very proud that with the passage of time my goals have been achieved."
This article first appeared in The Sunday Telegraph. 
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jonathanchancellor-7SQnKwU6yx

Water ski legend Ron Marks lists riverfront home

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An old 1950s Outward Bound property set in the Hawkesbury region has been listed for sale.
It last sold 17 years ago when bought by its next-door neighbour 17 years ago, Ian Gowrie-Smith.
The 3.2-hectare block at Fishermans Point on Berowra Creek has about a dozen buildings in original condition, including a 26-bedroom boarding house capable of sleeping 120 people, and a commercial kitchen and recreational facilities.
It has a price guide of between $4.4 million and $4.8 million through LJ Hooker Terrigal agent Tim Andrews, who expects it to appeal to buyers seeking a resort or health retreat.
The property was run as a Knox Grammar school camp before it was bought by its current owner.
Outward Bound Australia started its camping and adventure activities there in 1956 until 1974.
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Former Outward Bound camp in the Hawkesbury region listed

<html><body><div id="m_4075487402593730087gmail-story-description">
It's a billionaire trade for Sweven, the Hawkesbury River home of retail king pin Brett Blundy.
The buyer is AWF Capita, a company with interests associated with Nanshan Group director, Song Jianmin, according to The Australian.
The Nanshan Group owners the Riverside Oaks Golf Resort next door to Blonde’s Sweven.
The local director, who is leading the push for the company to move into the tourism and property sector, was the $7.5 million buyer of one of the Keepers Cottage's in Vaucluse late last year.
He is the son of patriarch Song Zuowen who's net worth was tipped at $US2.6 billion by Forbes.
Sweven, an Old English word meaning dream or vision, has a treetop office with panoramic views and has a helipad making it just a short 45 minute commute from Sydney.
Blundy has been trying to shift the property since early 2015, asking around $20 million. Settlement records will show it fetched $18.75 million.
It's been a tidy profit for Blundy, who had Sweven up on rental websites raking in up to $17,500 a week.
He bought the 57 hectare estate and commissioned Timothy Moon to design the private sanctuary with the cost pegged at around $8 million.
Constructed in a series of linked pavilions with New Zealand schist rock and recycled sugar-mill timber, the home has five bedrooms, five bathrooms and separate self-contained accomodation.
It fronts the Hawkesbury River and features an alfresco living area that overlooks the infinity pool and cabana.
Blundy still waits a buyer for his Rose Bay record home. He paid $33 million for the Bayview Hill Road home just last year before quickly listing with around $45 million price hopes.
The business tycoon now lives in Singapore.
Last year the Chinese company made headlines by securing a 20 percent stake in Virgin Australia for $260 million. 
Local land title rececords show Jeremy Song also owns a 320-hectare property at Jindabyne, and two Vaucluse residences -on Wentworth Road which was bought in 2009 for $6,888,000, and another on Hopetoun Avenue, St Malo bought as a 28-year-old in 2002 for $5 million. 
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Blundy sells Sweven to Chinese entrepreneur Song Jianmin

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Billionaire Brett Blundy has sold his luxury Hawkesbury River property, Sweven.
Ending a four-year on-off sales campaign, property data website Pricefinder has an $18.75 million notification on the sale.
A $7.3 million sale at Cattai set a year ago by Gendy and Hugh Parry-Okeden ranks as the highest sale at Cattai.
The Timothy Moon-designed property took three years at a $8 million cost on its 57 hectare estate which was bought in 2001 for $2.05 million.
The Timothy Moon design was completed in 2009.
Neville Rava, of Cutcliffe Property, declined to comment.
Brett Blundy listed his Rose Bay harbourfront at $45 million in February 2016.
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Brett Blundy sells Sweven at Cattai for $18.75 million

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Sentry Rock, the Hawkesbury River log cabin listed by the horse racing couple, Bob and Wendy Lapointe, is under offer.
They had $5 million expectations through Ray White Windsor agent Peter Chidgey for the <a href="https://www.realestate.com.au/property-house-nsw-spencer-124588930" target="_blank">Wiseman’s Ferry</a> retreat ahead of this week's scheduled auction.
They have owned the log cabin since 2011 when they paid $1.45 million for the retreat built by the late Sydney stockbroker, Rene Rivkin. 
It has been extensively expanded and renovated including a central spiral staircase which the Lapointe's imported from the United Kingdom.  
Rene Rivkin built it as a three bedroom house in the late 1990s but the Lapointes have added an extra wing.
Built by Appalachian Log Homes, the cabin was a favourite getaway for Rivkin, who used to fly or boat into the secluded riverfront location, set 60km North West of Sydney CBD.
"When Captain Arthur Phillip and his crew explored the Hawkesbury River in the 1780’s they came across a prominent, vertical slab of sandstone," the agent said.
"They gave this landmark the name Sentry Rock," he noted.
The Sentry Rock property is located on ten acres of flood free riverfront land with its main master craftsman built of Cypress log structure with cathedral ceilings and two separate bedroom wings.
All six bedrooms, four with ensuites, have views of the bushland and river. 
With no neighbours in sight on the Wisemans Ferry Road or on the other side of the river, the new owners will enjoy absolute privacy. 
The garden has an installed water fall and lily pond.
The riverside entertainment area comes with wood fired pizza oven, BBQ area and fire pit close to a sandy beach, boat ramp as well as a 33m x 7m munitions barge permanently moored for large deep water boat access.
The Lapointe's retain Muskoka Farm stud which is further down the road at Gunderman. 
Lapointe came to Australia when 26, later importing Kentucky Fried Chicken, Pizza Hut and Sizzler.
This article first appeared in the Sunday Telegraph.
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Hawkesbury River cabin, Sentry Rock, under offer

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The Hawkesbury River log cabin once owned by the late Sydney stockbroker, Rene Rivkin is back on the market.
Its current owners Bob and Wendy Lapointe have $5 million expectations through Ray White Windsor agent Peter Chidgey. 
Lapointe introduced takeaway chain Kentucky Fried Chicken to Australia.
<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/2017/02/07/log_cabin.jpg" alt="">
He has owned the <a href="https://www.realestate.com.au/property-house-nsw-spencer-124588930" target="_blank">Spencer</a> log cabin since 2011 when he paid $1.45 million for it.
Built by Appalachian Log Homes, the cabin was a favourite getaway for Rivkin, who used to fly or boat in.
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