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 one- and two-bedroom apartments 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>.

Joel Robinson

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

Twenty-five years after launching one of Australia’s most visionary and successful masterplanned beach communities - Casuarina on the Northern NSW Tweed Coast - developer Consolidated Properties Group has unveiled plans for an $800 million sister project located 10 kilometres south, at Cudgera Creek near the coastal town of Pottsville.

CPG has taken the wraps off Caldera, a 78-hectare masterplanned village that builds on the legacy of Casuarina and aims to help address Northern NSW’s coastal housing shortage via the delivery of 550 homes built in a sustainable manner and addressing affordability and housing diversity, while also focusing on architectural and ecological merit.

Caldera is being brought to life by the same creative team that delivered Casuarina, led by Consolidated Properties CEO and chairman Don O’Rorke, Hutchinson Builders chairman Scott Hutchinson and renowned urban designer Brian Toyota, of architectural practice Bureau Proberts.

CPG has lodged a rezoning application with Tweed Shire Council for the Caldera site, which has been designated since 1991 as the Dunloe Park Urban Release Area, the final land release area within the Pottsville locality and one of only four remaining growth areas along the entire Tweed coastal strip. Preliminary plans for Caldera feature a 13-hectare retail and commercial precinct at the core of the village, surrounded by meticulously planned residential areas comprising around 550 homesites.

The retail hub will be anchored by a Coles Supermarket and will offer 7000 sqm of retail and 23 commercial lots designed to serve the local community and bring together curated shopping, dining, gym, wellness, childcare, medical and other essential services.

<img alt="Cons prop" data-entity-type="file" data-entity-uuid="fca7dc71-4b71-45b1-bb04-5a60bd7158d0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-04-20%20at%208.34.04%E2%80%AFAM.png?VersionId=vAKwIvLuwmTKj6blHJRYIEeXS_8lCgUx" />

The project will create more than 1500 jobs over its development cycle, according to its economic modelling, and significantly address the shortage of employment land in the Tweed.

The residential areas will encourage a sense of community via a cohesive urban design that encourages walking, cycling, enhanced resident connectivity and reduced reliance on cars via bike paths and pedestrian-friendly streets.

Homesites will include a range of options from premium ridge-top homes to affordable housing options, ensuring a community that is inclusive of different income levels and designed to appeal to a wide demographic from baby boomers to families, singles and professionals. Architectural and planting covenants on home building will support the village’s built form and protect its character.

O’Rorke says CPG intends Caldera to be a model project delivered efficiently in a dedicated urban release area and ‘very much for this region and for this time’.

“Our vision for Caldera is to create a modern coastal village with its own unique northern NSW identity,” he said.

“Building on our legacy of Casuarina, 25 years on, this new village is designed to stand apart, offering the future of modern living, balancing the natural beauty of the region with contemporary amenities and convenience.

“Caldera will be more than just a place to live - it will be a welcoming, inclusive coastal village neighbouring Pottsville that invites visitors and embraces new residents. With its strong ties to the land, vibrant lifestyle and sense of place, Caldera will set a new standard for village living in Northern NSW.”

<img alt="CPG" data-entity-type="file" data-entity-uuid="9a5a7cf4-5f76-4ddf-bd05-c8fb77d0a787" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-04-20%20at%208.33.59%E2%80%AFAM.png?VersionId=J1CzCGD7kE7fcAMd41V4pKAf_sI4L5Jv" />

The project’s centrepiece is environmental sustainability, with comprehensive wetlands protection measures and planting of native trees, parklands, village greens and communal grounds to enhance the natural beauty of the area.

CPG will also deliver a developer-funded wastewater treatment plant to ensure zero ocean outflows and provide high quality long-term infrastructure for Tweed Shire.

A key focus is wildlife management planning, including extensive conservation controls for the West Pottsville koala population, aligned with Tweed Shire Council’s Koala Plan of Management and designed to enhance koala habitat connectivity and future population growth.

Caldera will extend the existing koala corridor by connecting koala precincts west of the Pacific Highway with populations in the north and east precincts. A koala underpass will be created under Pottsville Road to complete the connection of this important corridor. Native tree plantings will expand essential koala food sources, while approximately eight kilometres of exclusion fencing will be constructed to safeguard the koalas from urban threats.

The Caldera site is nestled in the hills of Cudgera Creek and benefits from its rich natural surroundings including the Pottsville Wetland, Cudgera Creek Nature Reserve and nearby Pottsville Beach.

It takes its name from the surrounding Tweed Shield Volcano and Caldera, the vast bowl-shaped depression stretching from Byron Bay to the Queensland border that 20 million years ago was the world’s largest shield volcano and which has shaped the region’s striking landscape, with Mount Warning standing as one of its most iconic features.

The development is a joint venture between CPG and Pottsville Development Corporation, which made its first investment in Pottsville more than 45 years ago and is the developer of Black Rocks By the Sea, a masterplanned community now part of the fabric of Pottsville and which was the catalyst for the construction of a bridge across the Pottsville Estuary, providing direct access to the beach.

CPG’s $1.5 billion Casuarina Beach township, 10 kilometres to the north of Caldera, commenced construction in 2000 and has become the model for modern Australian, eco-sensitive beachside development.

Consolidated Properties unveils $800m coastal village Caldera in Casuarina

Growing national developer Time &amp; Place has announced its fifth new apartment development.

With two projects in Manly and two upcoming in Surry Hills and Potts Point, the developer, which expanded beyond Melbourne just a few years ago, is now heading to Mosman. It is planning 53 new apartments on Redan Street.

The 3,233 sqm site, spanning <a href="https://www.apartments.com.au/new-apartments/40-48-redan-street-mosman-nsw-2088">40–48 Redan Street</a> with frontage to Redan Lane, is located just under 400 metres from Spit Junction Town Centre. It is reported the developer paid around $100 million for the five-site amalgamation.

Time &amp; Place, founded by Tim Price and backed by James Packer’s private investment firm NPACT, has submitted the project as a State Significant Development through the NSW Government’s Housing Delivery Authority pathway.

Of the 53 apartments, 42 will be released to the market, with the remaining 11 allocated as affordable housing in line with NSW Government requirements.

fjc Studio has designed the building. In its Design Report, the architect said the diverse mix of dwelling types and sizes, including 11 two-bedroom affordable housing units, 40 three-bedroom apartments, and two four-bedroom residences, will support a broad demographic, including families, downsizers, and key workers.

The development will rise to nine levels, a height encouraged by the NSW Government due to the site’s proximity to Spit Junction, which has been identified as a low- to mid-rise centre. Developments within a certain proximity to these centres are permitted increased height.

fjc said the project “achieves an appropriate density outcome for its setting by balancing increased housing supply with strong amenity performance,” adding that it “makes a measurable contribution to NSW housing supply targets through the delivery of additional dwellings and dedicated affordable housing.”

The new development will replace five existing two-storey homes.

“By aligning with the objectives of the Housing SEPP and applying careful architectural and urban design principles, the development provides high-quality residential accommodation that integrates sensitively within its established Mosman context and delivers enduring benefits to residents and the wider community.”

Mosman has become increasingly popular with developers in recent years.

Developer Abadeen has been particularly active, with Mosman Residences currently on the market and under construction on Clifford Street. It also has an upcoming Burran Avenue project, comprising just three apartments on the Balmoral Slopes, and recently secured the Midas and Honeysuckle nursery site on Military Road.

Prosker Property has a project on Redan Lane, just a few doors down from Time &amp; Place’s proposed development.

Developers including Toohey Miller, DARE Property Group, and WINIM also have projects underway in the area. In 2024, a five-year target was set for the Mosman LGA to increase housing supply by 500 dwellings by 2029.

Time &amp; Place entered the Sydney market with Two Tides, its under construction Manly development. Given its sales success, it has secured another development in the area, more boutique, facing the beach on North Steyne.

They are hoping to launch their redevelopment of The Chimes in Potts Point this year, and next year will look to take to market Marlborough House, an adaptive re-use of the landmark David Jones warehouse in Surry Hills.

Time & Place to take on Mosman apartment market

Heritage Listing

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<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/2017/01/18/510_rediscover.jpg" alt="" width="445" height="212">
SPONSORED POST
Millers Point has one of the richest cultural and architectural histories in Sydney, with picturesque heritage buildings and historical landmarks.
After more than a century in public ownership, most of the Millers Point properties now being offered for sale retain a remarkable level of original and intact building fabric, form and architectural detailing and finishes. Together and individually they are a rare and potentially unique heritage resource in Australia.
All properties sold in Millers Point are accompanied by strict heritage protections; including NSW Heritage Council-endorsed Conservation Management Plans.
These contracts ensure new property owners are fully informed of their responsibilities when purchasing a heritage listed property.
They include extensive detail for purchasers on the heritage maintenance obligations and the types of works that are permitted on the properties.
For more information on the Millers Point sale program please visit <a href="https://www.rediscovermillerspoint.com.au" target="_blank">www.rediscovermillerspoint.com.au</a>
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Protecting our heritage in Millers Point

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The NSW Government has acquired the heritage listed Hadley Park Estate to ensure an important part of Western Sydney history will be protected, preserved and eventually opened up to the public.  

Minister for Planning and Housing, Anthony Roberts, said the Government had acquired the property from the Penrith Lakes Development Corporation. 

“Getting this property into public ownership has taken considerable effort, and it’s important we make sure the restoration work is done, and the needs of the community accounted for, before it is opened up to the general public. 

“Department of Planning and Environment will consult with the community to develop a management plan for the long-term future management of the estate."

[smartcode_project:default project_id=5910]

Roberts told the 2Gb broadcaster Ray Hadley, whose family once owned the colonial estate, that the department was investigating options with the NSW Department of Industry on a training program for young apprentices and students to participate in the restoration work. 

Hadley Park was one of the oldest farming estates in Australia (above photo credit department of environment and planning).

<img alt="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/2/22/Hadley2.jpg"> 
Source: Penrith City Library.

The land comprises a farm house, a collection of farm buildings, a garden and a part man-made lake on the Nepean River floodplain.

Local member and the Minister for Western Sydney and Member for Penrith, Stuart Ayres,noted the property was once home to Charles Hadley, a pardoned convict who settled in the Castlereagh area and began building his estate within 20 years of the first fleet arriving.  

The New South Wales Government heritage listed Hadley House at Castlereagh last June.

The homestead’s significance is one of Australia’s oldest farming estates.

But keeping it on the map for future generations has been a struggle.

The Castlereagh property has a special meaning for <a href="https://www.2gb.com/government-officially-signs-off-on-hadley-house-heritage-listing/" target="_blank">2GB broadcaster Ray Hadley</a>, belonging to his fourth great-grandfather Charles Hadley in the 18th century.

In February last year, the Penrith Lakes Development Corporation assured Ray that Hadley Park would be protected only to go back on its word.

[smartcode_project:default project_id=8590]

Ray has previously thanked the Minister and the government for preserving the historic location.

“I think it’s very important, from my point of view, that we leave some sort of legacy into the future, where our children… can go and look at places and have a look and feel what it was like back then.”

NSW Heritage says it is difficult to overestimate the significance of this complex, "still extant in its original 1803 grant, and still in a remarkably unaltered condition".

Ray Hadley suggest the two storey building might be Australia's oldest two storey building, from 1806, and <a href="https://www.propertyobserver.com.au/https://www.flickr.com/photos/nikabuz/37058129814" target="_blank">maybe the oldest timber cottage known to survive in Australia</a>.

[smartcode_project:default project_id=5897]

The area is now owned by the Penrith Lakes Development Corporation (PLDC) and is off-limits to the public.

The main farmhouse is an extremely rare surviving example of a jerkin head roof structure embodying a most unique and unusual timber structure and clad externally with brickwork.

The technical excellence of the timber roof structure is paralleled by Elizabeth Farm, Parramatta, Old Government House, Parramatta and St. Mathgew's Anglican Church, Windsor and because of this technical excellence the building cannot be described as vernacular.
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NSW Government secures Hadley House at Castlereagh for public admiration

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The New South Wales Government has heritage listed for Hadley House at Castlereagh.
The homestead’s significance is one of Australia’s oldest farming estates.
But keeping it on the map for future generations has been a struggle.
The Castlereagh property has a special meaning for <a href="https://www.2gb.com/government-officially-signs-off-on-hadley-house-heritage-listing/" target="_blank">2GB broadcaster Ray Hadley</a>, belonging to his fourth great-grandfather Charles Hadley in the 18th century.
In February this year, the Penrith Lakes Development Corporation assured Ray that Hadley Park would be protected only to go back on its word.
State Planning Minister Anthony Roberts says Governor David Hurley has signed off on a heritage listing for the property.
The government is now moving to restore it.
“From there we’ll start to, of course, protect the site further, rebuild it, and turn it into a destination for people to go and see how people in the past used to live and work,” he tells Ray.
Ray has thanked the Minister and the government for preserving the historic location.
“I think it’s very important, from my point of view, that we leave some sort of legacy into the future, where our children… can go and look at places and have a look and feel what it was like back then.”
NSW Heritage says it is difficult to overestimate the significance of this complex, "still extant in its original 1803 grant, and still in a remarkably unaltered condition".
As a building it is one of the earliest extant buildings in the colony; in its condition and setting it is probably unique, the reference suggests.
The farming complex, together with Nepean Park adjacent, make an outstanding pair within the Castlereagh/Nepean River farming plateau.
The site comes with a single storey outbuilding, possibly the earliest timber cottage on the site circa 1806, <a href="https://www.propertyobserver.com.au/https://www.flickr.com/photos/nikabuz/37058129814" target="_blank">maybe the oldest timber cottage known to survive in Australia</a>.
The area is now owned by the Penrith Lakes Development Corporation (PLDC) and is off-limits to the public.
The main farmhouse is an extremely rare surviving example of a jerkin head roof structure embodying a most unique and unusual timber structure and clad externally with brickwork.
The technical excellence of the timber roof structure is paralleled by Elizabeth Farm, Parramatta, Old Government House, Parramatta and St. Mathgew's Anglican Church, Windsor and because of this technical excellence the building cannot be described as vernacular.
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Hadley House, Castlereagh gets heritage listed

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Property NSW has announced the lease sale of a heritage-listed commercial property in The Rocks with the funds to be utilised to improve the Sydney Harbour foreshore.
The <a href="https://www.realcommercial.com.au/property-offices-nsw-sydney-502585746" target="_blank">16-18 Grosvenor St</a> property, formerly known as the Housing Board Building, is listed on the State Heritage Register. It was built in 1921 to house the Resumed Properties Department which was responsible for the resumption of land for the Department of Lands and played a major part in reshaping The Rocks and Millers Point.
It would be sold through a tender closing on November 8 and is being offered via a 99-year lease.
“The Rocks and Darling Harbour are two of the State’s most popular tourism precincts and we must continue to invest in them to ensure the visitor experience exceeds expectations,” said Brett Newman, CEO of Property NSW.
In 2015, the NSW government said that proceeds from the divestment of some select government-owned assets in The Rocks would be allocated to the Restart NSW fund, with at least $200 million reserved for the Circular Quay ferry wharf upgrade. 
“New developments along the Harbour foreshore must be complemented by ongoing investment to maintain and conserve our existing assets,” Newman said.
“The sale via long-term lease will deliver immediate funding to invest in our precincts while ensuring the property remains in government hands and is subject to heritage protections.”
The property has a Conservation Management Plan endorsed by the Heritage Council of NSW to guide any purchaser’s plans for the property.  
The listing agents are Mitch Noonan and Harry George from CBRE.
 
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Property NSW offers long-term lease sale of heritage office building on The Rocks

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A five-storey, fully leased and restored heritage building in Sydney CBD’s prized Kent Street is on the market through Savills.
The <a href="https://www.realestate.com.au/property/332-kent-st-sydney-nsw-2000" target="_blank">332 Kent Street</a> building would appeal to investors looking to take advantage of the growth in the B-grade office market and secure a foothold in the Sydney CBD, according to listing agents are Graeme Russell and Tim Grosmann of Savills Australia.
The Western Corridor in Sydney’s CBD is known for its architectural beauty with its high concentration of heritage-listed buildings.
The  property sits on a 485 sqm site with 1,569.60 sqm of net lettable area. Tenants include Nando’s Australia, LN Pulsation, SkillsIQ, Open Learning Global, Concierge Travel Group and Australian Packaging Covenant. 
The net income is more than $1,000,000 per annum and there is a Weighted Average Lease Expiry (WALE) of 1.42 years.
Tim Grosmann said the building underwent an upgrade and the construction of an additional level set back from the ornate facade in 2002. 
“This is an exciting opportunity for not only an investor looking for prime retail and office accommodation, but an owner-occupier looking for a distinctive property in a vibrant locale to base their office,” he said.
The building has frontage to Kent Street and there is further scope to add a roof top terrace to the building that takes advantage of the vast city skyline views. Anchor points have already been incorporated to the roof that will support the weight of a huge rooftop terrace, he added.
Internally, the property has been modernised with the original arched niches in face brick internal walls and roof trusses remaining exposed to ensure the heritage character of the building. 
A sliding rental expiry profile across the commercial tenancies will allow an astute purchaser to capitalise on the tightening Sydney office leasing market, added Graeme Russell.
“Demand for office space has never been greater and B Grade accommodation in the Western Corridor is the most sought after product in a rising office market. Currently B grade office vacancy is tighter than A grade at 3.7 per cent verses 4 per cent respectively” he said.
The Sydney CBD is Australia’s largest office market, with 5.08 million sqm of total stock and is favoured by many investors and tenants alike, as highlighted by some of the strongest prime property rents and yields across the nation, according to Savills.
The building is being sold through expressions of interest closing September 6.
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Heritage listed office building in Sydney CBD listed: Savills

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A heritage-listed city fringe building in Melbourne's Ascot Vale built in 1880 has been sold for $1.8 million.
The commercial property, 403-405 Mt Alexander Rd, Ascot Vale, on the corner of Mt Alexander Road and Bank Street was built for the English Scottish and Australian Chartered Bank and designed by architects Terry and Oakden.
It is one of only ten Gothic style banks in Victoria.
The building has nine main rooms and a period-style bathroom with claw bath, hydronic heating in each room and a paved backyard which can accommodate parking for up to 4 vehicles.
Anthony Carbone of CVA said the sale represents a substantial building rate of $6,315.79 per square metre.
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Heritage-listed Gothic corner building sold

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A rundown Redfern shack, has sold for $2.7 million before its scheduled auction, but at substantially less than initial hopes.
It hit the market with $3 million price hopes early last month but these were later revised to $2.5 million.
The sale follows a quick burst of activity in the run down housing market.
Recently a dilapidated Paddington terrace sold for $1.19 million, $190,000 more than it traded for in eight months.
A Rozelle home with no rear wall has been listed for $1.4 million.
The Georgian house, known as Dascombe Cottage at <a href="https://www.realestate.com.au/property-house-nsw-redfern-123747590" target="_blank">46-48 Burnett Street</a> sits on a rare 507 sqm land parcel, almost five times larger than other lots in the suburb.
Most of Redfern's slim terraces are squashed into blocks of about 100 sqm.
Extra stories cannot be added to the home and the front facade can only be altered if the new owner is restoring the original features.
<img src="/images/2016/10/13/Redfern1.jpg" alt="" width="467" height="274">
The mid-Victorian-era home dates back to at least the mid-1850s and is part of the original estate of William Redfern, the suburb's namesake.
The Burnett Street property sold through BresicWhitney. 
<img src="/images/2016/10/13/Redfern3.jpg" alt="" width="472" height="267">
Most of the inquiries came from developers looking to subdivide and locals looking to build, with the potential to put a new home alongside the existing building.
 
 
 
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Heritage-listed Redfern shack fetches $2.7 million pre-auction

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Gowrie House, Glenroy, once owned by a Phar Lap jockey, has been listed for sale.
The heritage-listed 1855 bluestone home was owned by one of the six jockeys who ever rode Phar Lap, Bobbie Lewis. He rode Phar Lap to third place in the 1929 Melbourne Cup.
He won four Melbourne Cups, eight Victoria Derbies, seven Crown Oaks and eight SAJC St Legers in a career spanning more than 40 years.
Inducted into the Victoria Racing Club’s Hall of Fame in 2002, the Bobbie Lewis Quality Handicap is run at Flemington every year in September.
His former home at 63 Gowrie Street, is listed at $2.1 million.
The two-level slate roofed Georgian-style property is on 1500 sqm is offered through Boran Real Estate Sunshine agent Sabine Gazic.
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Bluestone with racing history at Glenroy

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A property in Millers Point, not part of the NSW Government sell off, was passed in this week.
It was <a href="https://www.realestate.com.au/property-terrace-nsw-millers+point-122544878">passed in at auction </a>on a vendor bid of $1.9 million for the 1882 Kent Street home.
The middle terrace in the revived three Carlson Terrace row was built in the Italian villa style of architecture.
The 99 sqm offering is located at the door of Observatory Hill and offers harbour views over Darling Harbour and Barangaroo from its rooftop terrace.
The home with elaborate parapet and cast iron roof balustrades has three bedrooms, one bathroom, a granite kitchen and walled courtyard.
Di Jones listing agent Elodie Fabre is still negotiating with a few buyers.
The home previously traded for $910,000 in 2008 before the renovation.
The property was privately owned when they purchased and it was before the Labor, the Liberal governments started releasing the other properties.
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