A landmark former orphanage site in Surrey Hills could be transformed into a new residential community under plans lodged by <a href="https://www.apartments.com.au/developers/antipodean-land-developments">Antipodean Land Developments</a> that would deliver 76 apartments and townhouses while restoring some of the suburb's most significant heritage buildings.

The burgeoninng Melbourne-based developer has submitted plans for the 9,158 sqm site at 1 Kent Road and 24 Durham Road, home to the former St Joseph's Home for Destitute Children, a historic institutional complex dating back to the late 19th century. The proposal seeks to adaptively reuse several heritage buildings while introducing two new four-storey residential buildings set within extensive landscaped grounds.

Designed by <a href="https://www.apartments.com.au/architects/woods-bagot">Woods Bagot</a> and Kerstin Thompson Architects, the project has been conceived as a contemporary residential village embedded within a restored heritage precinct. The development team describes the design approach as "The Village in the Garden," with new buildings positioned among mature landscaping by OCULUS and significant heritage structures.

<img alt="First look: Antipodean Land Developments plans heritage-led apartment community in Surrey Hills" data-entity-type="file" data-entity-uuid="44ec8c1b-c0b6-44ae-859e-5811b3e6a023" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Untitled%20design%20%281%29.png?VersionId=p.p1_KFh4iQoV4nisdnPfQBAsWNi7m79" />

The proposal would deliver 76 dwellings comprising a mix of apartments and duplex-style residences, significantly increasing housing supply on one of the largest privately held residential landholdings in Surrey Hills. The development includes 127 car spaces, 24 bicycle spaces and more than 1,000 sqm of communal amenity, with the existing chapel building earmarked for conversion into resident facilities.

According to the planning submission, the project centres on the restoration and adaptive reuse of the site's most significant heritage assets, including the original c.1889 St Joseph's building, the chapel designed by architect Augustus Andrew Fritsch, and the historic brick perimeter walls and entry gates. The proposal also incorporates the retention of other contributory buildings including the former infirmary and school building.

Tract Consultants, in the planning report accompanying the application, said the scheme had been shaped through extensive heritage analysis and design development.

"The shared vision for the Site by the project team has culminated in a scheme which successfully breathes life back into a historic site while delivering upon the objectives of Victoria's Housing Statement in a carefully curated and contextually responsive manner."

<img alt="First look: Antipodean Land Developments plans heritage-led apartment community in Surrey Hills" data-entity-type="file" data-entity-uuid="7263b7d8-95ea-400f-9531-6ca7d22c3c33" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Untitled%20design%20%282%29.png?VersionId=4cR1tiWOsDpgxEOwZi5vVFcyvvOsYkIE" />

The proposal is being assessed under Victoria's Significant Residential Development with Affordable Housing pathway. As part of the application, three per cent of the project's residential development cost would be contributed to the Social Housing Growth Fund. The development would also provide a diverse mix of one, two and three-bedroom residences targeting a broader range of buyers than typically found in Surrey Hills' detached housing market.

Sustainability initiatives include an anticipated 66 per cent BESS score, natural cross-ventilation to 80 per cent of apartments, 28 per cent deep soil landscaping and a canopy cover outcome exceeding local planning requirements. The proposal also sets aside more than 1,083 sqm for communal indoor and outdoor resident amenity spaces.

<img alt="First look: Antipodean Land Developments plans heritage-led apartment community in Surrey Hills" data-entity-type="file" data-entity-uuid="33fad46f-fe26-4d0a-acfd-6b776e1c6a3d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Untitled%20design.png?VersionId=D9F6WVSyYCtGvSUmith35LRp6R7PQkw_" />

Planning documents describe the property as one of the largest underutilised residential sites in Surrey Hills, arguing it presents a rare opportunity to introduce "missing middle" housing in an established inner-eastern suburb while preserving and revitalising a significant heritage precinct.

Antipodean Land Developments has built a reputation for design-focused residential projects across Melbourne, particularly in the medium-density sector. Previous developments include Neighbourhood in Brunswick East, delivered with Breathe Architecture, and Balfe Park Lane, designed by Kerstin Thompson Architects.

They've been very active in site acquisition as they build out their future development pipeline. They recently launched Thornubury House, 45 apartments above a mix of commercial, retail, and food and beverage tenancies, and have plans for a boutique project in Fitzroy and another <a href="https://www.apartments.com.au/news/vic/antipodean-plan-apartments-for-deepdenes-missing-middle-on-whitehorse-road">"missing middle" project</a> on Deepdene's Whitehorse Road.

Joel Robinson

First look: Antipodean Land Developments plans heritage-led apartment community in Surrey Hills

Developer <a href="https://www.apartments.com.au/developers/auyin-property-development">Auyin</a> is the latest to turn to the Victorian Government's Development Facilitation Program in an effort to secure approval for its long-planned, mixed-use project in Elsternwick.

In 2018, Auyin lodged plans with Glen Eira City Council for a 14-storey building, however Council approved a reduced eight-storey scheme. A subsequent VCAT appeal in 2019 upheld the eight-storey height limit.

The project was later amended to nine storeys, but Auyin is now seeking to revive something closer to its original vision. The developer argues that the planning context has evolved significantly over the past decade, particularly within the Elsternwick Activity Centre, where higher-density development has increasingly been encouraged along Glen Huntly Road.

The proposal would transform the 1,239 sqm site at <a href="https://www.apartments.com.au/new-apartments/7-12-horne-street-elsternwick-vic-3185">7-15 Horne Street</a>, opposite Elsternwick Railway Station, into a 13-storey residential and retail development designed by CBG Architects, with 40 apartments

The site currently comprises three commercial properties.

<img alt="First look: 13-storey mixed-use tower planned for Elsternwick activity centre" data-entity-type="file" data-entity-uuid="5f465dd4-509b-4082-a669-0253b313914b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/elsternwick%20podium.png?VersionId=72frWi0SmQ5AVJ3ARRhX5ILUYObhTm7x" />

The proposed apartment mix comprises 25 two-bedroom and 15 three-bedroom residences above 200 sqm of retail space at ground level. Residents would have access to a 90 sqm wellness facility, a 351 sqm communal indoor and outdoor terrace on the third level, and extensive landscaped areas throughout the development. A publicly accessible 135 sqm plaza would be created on the north-east corner of the site, providing seating, landscaping, and a new gathering space adjoining Horne Street.

The design adopts a four-storey podium that references the finer-grain character of the surrounding streetscape, with the upper tower recessed behind generous setbacks on all boundaries.

<img alt="First look: 13-storey mixed-use tower planned for Elsternwick activity centre" data-entity-type="file" data-entity-uuid="e637e763-2abc-4c34-a0aa-5c7ad36fae18" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/elsternwick%20open.png?VersionId=J1AoOpZgTyaF.KeeFSX6lMjEScX8KKRi" />

A key element of the proposal is the reconfiguration and widening of the surrounding laneways. Vehicle access would be retained from Lois Lane, with upgraded pedestrian connections linking Ross Street and Horne Street. The development would provide 58 residential car spaces, two retail car spaces, and 52 bicycle spaces across two basement levels and ground-floor facilities.

Architecturally, the building draws inspiration from the established character of Elsternwick Village. The façade combines dark charcoal brickwork, textured concrete, bronze-toned metal detailing, and extensive planting integrated into podium and tower levels. The design also incorporates a chamfered corner treatment and publicly accessible plaza intended to strengthen pedestrian activity around the station precinct.

Elsternwick's last new development completion was&nbsp;EVA Elsternwick by Pitard late last year. <a href="https://www.apartments.com.au/developers/milieu-property">Milieu</a> is working away on its nature-led neighbourhood, <a href="https://www.apartments.com.au/new-apartments/elsternwick-gardens-by-milieu-8-gordon-street-elsternwick-vic-3185">Elsternwick Gardens</a>, on Gordon Street, with its first stage expected to complete next year.

First look: Auyin seeks mixed-use apartment project in growing Elsternwick Activity Centre

<a href="https://www.apartments.com.au/new-apartments/otium-parkdale-123-125-como-parade-east-parkdale-vic-3195">Otium Parkdale</a>, the 13-residence boutique development by&nbsp;<a href="https://www.apartments.com.au/developers/huxtable-property">Huxtable Property</a>, has entered its final stages of delivery, with completion expected within the coming month and more than half of the residences sold.

The Como Parade East project is nearing the finish line at a time when opportunities to purchase new apartments in <a href="https://www.apartments.com.au/developments/parkdale-vic-3195">Parkdale</a> remain exceptionally limited. Fewer than 10 per cent of dwellings in the bayside suburb are apartments, making developments like Otium a relatively rare addition to a market traditionally dominated by detached housing.

[smartcode_project:default project_id=134974 project_image_fid=5427]

The three-level development comprises 13 residences, including ten two-bedroom apartments and three larger three-bedroom homes, all positioned above a secure basement car park.

Designed by <a href="https://www.apartments.com.au/architects/almeida-architects">Almeida Architects</a> with a strong connection to its coastal surroundings, Otium combines red brick, exposed concrete and dark metal detailing with integrated landscaping and greenery. Expansive glazing, generous balconies and terraces have been incorporated throughout the design to maximise natural light and reinforce indoor-outdoor living.

Inside, the residences feature engineered European oak flooring, natural and reconstituted stone benchtops, Bosch kitchen appliances, ducted heating and cooling, lift access and secure entry systems. The larger three-bedroom residences on the upper level have been designed with house-like proportions, while the two-bedroom apartments prioritise functionality, flexibility and low-maintenance living.

[smartcode_project:default project_id=134974 project_image_fid=5421]

The project is now in its final stages, with <a href="https://www.apartments.com.au/builders/labco">Labco</a> completing the remaining landscaping and external finishing works following the completion of the residences' interiors.

Otium's location within the heart of Parkdale continues to underpin its appeal. Residents will be just steps from local cafés, restaurants, shops and the newly elevated Parkdale Station, while the beach is less than a kilometre away.

With the project tracking ahead of schedule, buyers can currently secure a residence with a five per cent deposit and benefit from settlement terms of up to eight months. The advanced stage of construction also provides buyers with the opportunity to walk through the near-complete residences and experience the quality and finishes firsthand ahead of completion.

[smartcode_project_cta:default project_id=134974]

Otium Parkdale enters final month before completion as rare apartment opportunity nears sellout

A new boutique apartment development is entering the market in <a href="https://www.apartments.com.au/developments/chermside-qld-4032">Chermside</a>, with Brisbane-based developer <a href="https://www.apartments.com.au/developers/ausdev">Ausdev</a> bringing 33 residences to a well-connected pocket of Brisbane's north.

<a href="https://www.apartments.com.au/new-apartments/parkdrive-apartments-chermside-25-sammells-drive-chermside-qld-4032">Parkdrive Apartments</a>, at 25 Sammells Drive, will comprise a mix of one- and two-bedroom residences positioned within walking distance of Westfield Chermside, The Prince Charles Hospital, and Bradbury Park.

Established in 1989, Ausdev has a long-standing presence across both development and construction, with Parkdrive Apartments representing its latest residential project in Brisbane's northern suburbs.

[smartcode_project:default project_id=152125 project_image_fid=363778]

The development has been designed around open-plan living and natural light, with residences featuring stone benchtops, timber cabinetry, BOSCH appliances, and private balconies that extend the living areas outdoors.

Kitchens are positioned as the centrepiece of the homes, incorporating natural material palettes and integrated appliances, while bathrooms have been designed with a focus on functionality and understated finishes.

Residents will have access to a communal barbecue and entertaining area on Level 3, providing shared outdoor space within the development. Secure parking and lift access are also incorporated into the building.

The project will deliver a limited collection of 33 apartments, with one-bedroom residences priced from $749,000.

[smartcode_project:default project_id=152125 project_image_fid=363782]

Beyond the building itself, the location places residents within easy reach of several of Chermside's key amenities. Bradbury Park is around 350 metres away, while Westfield Chermside is approximately 1.3 kilometres from the site. The Prince Charles Hospital is located within 750 metres, and the Chermside Bus Interchange is around 1.5 kilometres away, providing connections across Brisbane.

Parkdrive Apartments adds to the growing residential pipeline in Chermside, a suburb that continues to evolve as a major retail, healthcare, and transport hub for Brisbane's north.

[smartcode_project_cta:default project_id=152125]

Ausdev introduces boutique Parkdrive Apartments to Chermside's growing centre

<a href="https://www.apartments.com.au/developers/skymark-group">Skymark</a>'s boutique Cronulla development Solis has secured a 10-year Latent Defects Insurance policy through Resilience Insurance, providing buyers of the 16-residence building on Ewos Parade with structural and waterproofing protection that extends a decade beyond the building's completion.

Currently under construction and due for completion in late 2027, <a href="https://www.apartments.com.au/new-apartments/solis-cronulla-8-ewos-parade-cronulla-nsw-2230">Solis</a> is one of a small number of new developments in the Sutherland Shire to carry Resilience LDI coverage, a distinction that carries increasing weight as buyer confidence in the off-the-plan sector continues to be shaped by how developers stand behind their product.

Latent Defects Insurance, which entered the Australian market in 2022 when Resilience Insurance was approved to offer the cover, protects buyers against major structural or waterproofing defects for ten years post-completion. Unlike traditional statutory warranties, it operates as a first-resort policy, if a covered defect arises, the insurer responds directly, without the buyer needing to pursue the builder or developer through a lengthy claims process.

Resilience Insurance CEO Corey Nugent has noted that the product addresses something fundamental to the new apartment market.

"The overarching feedback from prospective buyers in the new development space is that they want more confidence and assurances around the quality of the build," Nugent says.

"Resilience Insurance Latent Defects Insurance not only gives them complete peace of mind for 10 years, but it shows the developer they are buying from is standing by their product."

[smartcode_project:default project_id=150499 project_image_fid=370898]

For Solis, the Resilience LDI policy adds a meaningful layer of accountability to an already considered project. The development comprises nine two-bedroom and seven three-bedroom residences, including one dual-level three-bedroom apartment, across a five-storey building on Ewos Parade, positioned between Shelly Beach and South Cronulla.

Garden apartments connect directly to private landscaped courtyards, while upper-level homes capture beach views to the east from level four and above.&nbsp;

All 16 residences include at least one balcony or courtyard, and select apartments on the upper floors feature bar areas and secondary flexible living spaces.

Hiba Sander, Managing Director of Skymark, says Solis offers a rare balance, nestled between the quiet beauty of secluded beaches and the lively charm of South Cronulla's esplanade.

"It's a place to choose your pace and live gracefully, seaside'," Sander says.

[smartcode_project:default project_id=150499 project_image_fid=370900]

The architecture, designed by <a href="https://www.apartments.com.au/architects/ida-design-group">IDA Design Group</a>'s Michael Trinh, draws from the natural erosion patterns of <a href="https://www.apartments.com.au/developments/cronulla-nsw-2230">Cronulla</a>'s sandstone headlands, translating the organic forms of the coastline into soft curves, pavilion-style massing, and a material palette chosen for longevity in a salt-tinged environment.&nbsp;

Textured natural stone, soft renders, and timber-look battens reference the tones of the surrounding cliffs, while the building has been oriented to maximise natural light and passive ventilation, with primary living spaces facing north and east to capture morning sun and sea breezes.

"At Solis, our aim was to create architecture that feels quietly confident, grounded in natural materials like stone and timber, and elevated by light and landscape," Trinh says.&nbsp;

"The buildings are designed to sit gently within their coastal surrounds, with expansive glazing and abundant greenery creating a seamless dialogue between inside and out."

[smartcode_project:default project_id=150499 project_image_fid=370897]

Interiors by <a href="https://www.apartments.com.au/architects/hot-black">Hot Black</a> carry the same material language through to every room. Kitchens feature integrated Gaggenau appliances, sculpted stone benchtops, and Lo &amp; Co joinery, while bathrooms feature natural stone, timber, and brushed metal finishes.&nbsp;

Hot Black Founder and Design Director Sophie Safrin describes the intent as one of considered restraint: "At Solis, every detail has been thoughtfully considered to create a timeless coastal retreat, calm, refined, and effortlessly liveable. From natural finishes to seamless indoor-outdoor flow, Solis offers a quiet elegance that's deeply connected to its surroundings.

The landscape, designed by Julian Brady of <a href="https://www.apartments.com.au/landscape-architect/sitedesignstudios">Site Design Studios</a>, treats green space as an integral part of the resident experience rather than an afterthought.&nbsp;

"Gentle curves and layered native plantings mirror the ebb and flow of the ocean," Julian Brady says, "creating a serene connection between architecture and place."&nbsp;

Coco Republic has provided bespoke furniture packages tailored to the project's coastal palette.

[smartcode_project:default project_id=150499 project_image_fid=370899]

Skymark has an established track record in the Sutherland Shire, with a portfolio spanning Cronulla, Woolooware and Burraneer that includes Isla, Sylva, Bask, Shells, Sula and Mist. Securing LDI on Solis reflects a broader shift in how the developer is positioning its buildings to buyers, at a time when Resilience Insurance expects the policy to become mandatory in New South Wales by 2028.

Sales at Solis are launching soon through Ray White Projects, with an official event scheduled for 11 June. Enquire for more information.

[smartcode_project_cta:default project_id=150499]

Skymark takes out 10-year Resilience Insurance LDI at Solis Cronulla

Horse Racing

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The Agency has partnered with the Australian Turf Club, and as part of its sponsorship, the prestigious George Ryder Stakes will now be The Agency George Ryder Stakes.
Matt Lahood has assisted the ATC for 20 years as a property advisor.
"I am thrilled to re-connect with this much-loved Australian sporting institution," he said.
He caught up with the ATC chairman Laurie Macri to celebrate their working together (above).
The Agency George Ryder Stakes – one of five Group 1 races on Longines Golden Slipper Day – is also ranked as one of the highest rated races in the world.
The world’s equal highest rated horse Winx has won the past two The Agency George Ryder Stakes and is again aiming for the $1 million Group 1 race.
 
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The Agency sponsors George Ryder Stakes

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Champion horse trainer David Hayes and wife Prue have bought a Sydney bolthole — a Coogee garden apartment.
The Toorak-based couple, who were Adelaide born, have just spent $2.3 million on the <a href="https://www.realestate.com.au/sold/property-apartment-nsw-coogee-125514210" target="_blank">three bedroom offering</a>.
It is just a couple of hundred metres from the beach, and not far from his satellite stable at ­Randwick.
Set in the boutique complex of eight, the 350sq m apartment has an open plan lounge and dining area that lead to a large terrace and lawn.
<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/2017/11/7/Hayes4.jpg" alt="">
Purplebricks agent Dean ­Emerson initially sought $2.35 million at its unsuccessful June auction.
The unit, built in 2013, had previously been a $1350 a week rental. 
Hayes is the son of legendary Australia Racing Hall of Fame trainer, the late Colin Hayes.
<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/2017/11/6/Hayes2.jpg" alt="" style="font-size: 12.16px;">
From his Flemington stables, David Hayes, who became the youngest member in the Australian Racing Hall of Fame in 2008, has secured $9 million in prize money in the 2017-18 racing season. He bagged $19 million the previous year.
His reputation was further ­enhanced last weekend after the triumph of his long-shot Boom Time in the Caulfield Cup.
What a life! It was his third Caulfield Cup, this one trained with son Ben and nephew Tom Dabernig, who became the third generation of the Hayes family to lift the cup.
David and his father Colin won the race with How Now in 1976. The family is now prepping Boom Time for the Melbourne Cup on Tuesday.
Speaking to Fox Sports, rival trainer Gai Waterhouse said “crazier things have happened” when referring to Boom Time’s chances on Tuesday. Hayes is also taking stablemate Ventura Storm to the race that stops the nation.
He has trained nearly 100 Group One winners, including winners in the Melbourne Cup, Cox Plate and Golden Slipper.
Hayes isn’t the only horse racing enthusiast buying.
Owner and breeder Peter Horwitz has recently traded up in Mosman, spending $8.2 million on a four ­bedroom Vincent Squillace-designed home.
It was the home of former Netscape Australasia boss Clive Mayhew-Begg and his wife Eriko Kinoshita.
Horwitz is still to sell his Balmoral Slopes home which has $7.5 million to $8 million hopes through McGrath.
Earlier this year Godolophin head trainer James Cummings, who replaced John O’Shea in May, bought a Malabar home with wife Monica Barrera-­Cummings.
They paid $3.7 million.
This article was first published in the Sunday Telegraph.
 
 
 
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Legendary horse trainer David Hayes buys in Coogee

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Cismontane, a horse part-owned by Marshall White estate agent John Bongiorno, won the weekend Lexus Stakes and gained a place in Tuesday's Melbourne Cup.
The final field contains 11 internationals and 13 Australian-trained gallopers.
Gai Waterhouse and Adrian Bott will attempt to snatch the Cup with their featherweight hope, Cismontane.
It is owned by the Glenvallen Investments Pty Ltd Syndicate (Mgr: F L Li), D H Kobritz, J B Bongiorno, D W Lilley, C Tognolini, S D Gorman &amp; Ms K Waterhouse.
Gai Waterhouse, David Kobritz and Bongiorno  – also known by ‘Jack’ – have held the Melbourne Cup aloft on prior first Tuesdays in November but they didn't expect to be at Flemington this year.
Kobritz has his first Melbourne Cup runner since Subzero.
In 2012 Bongiorno had part ownership of two runners in the Melbourne Cup.
He has an interest in Glencadam Gold and also Fiorente, both trained by Gai Waterhouse.
Fiorente took the Melbourne Cup win in 2013.
In 2015 he sold champion jockey Damien Oliver's Port Melbourne’s Beacon Cove offering for almost $2.2 million.
Most of Melbourne's agents take time off during the Melbourne Cup carnival - with just the 300 weekend auctions last Saturday.
But no doubt Bongiorno is still seeking out interested buyers of prestige Melbourne property. His recent sales include <a href="https://www.realestate.com.au/sold/property-house-vic-kooyong-125262270" target="_blank">a $7 million Kooyong sale</a>.
Meanwhile Lloyd Williams, who regularly appears in the property news, will chase an unprecedented sixth Cup.
Williams has a record six runners — defending champion Almandin, Johannes Vermeer, Rekindling, US Army Ranger, Bondi Beach and Gallante.
Trainer David Hayes has two horses in the race, his Caulfield Cup winner Boom Time and Ventura Storm, which counts billionaire retailer Brett Blundy and his fellow Rich Lister, the aged care magnate Bryan Dorman in its star-studded ownership group, as well as Yalumba Wines boss Robert Hill-Smith and Melbourne business identity Michael Valmorbida.
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Forget Boom Time, get on John Bongiorno's featherweight Melbourne Cup contender, Cismontane

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A purpose-built horse stable complex in the Bundall Equine Precinct on the Gold Coast owned by racing legend Mick Dittman has been listed for sale.
The property at <a href="https://www.realcommercial.com.au/property-land+development-qld-bundall-502549070" target="_blank">88 Racecourse Drive, Bundall</a>, has been leased by leading trainer Toby Edmonds.
It is on a nearly 3,000 sqm block and is being marketed via expressions of interest ending October 6 through Ray White Broadbeach.
The listing agents are Tony Grbcic and Adam Grbcic.
Grbcic said the property is the newest and most modern facility within the Bundall Equine Precinct.
It is rented for nearly $175,000 plus GST per annum on a three-year lease with a two-year option.
The facility is part-owned by Mick Dittman, who during his jockeying career won more than 1,700 races including the Melbourne Cup, Caulfield Cup, two Cox Plates and three Golden Slippers.
“It is also the closest facility to the Gold Coast Turf Club, therefore, there has always been a high demand and high occupancy at this complex,” Grbcic said.
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The complex includes a gross building area of approximately 1,885 sqm over two levels, 60 stable boxes, covered walker facility with a state of the art treadmill, and a two-bedroom caretaker’s residence. 
“The strength of this precinct and property is underpinned by the locality and facilities of the Gold Coast Turf Club,” he said.
“The ongoing upgrades and infrastructure at the Turf Club are a representation of the strength and growth in the local racing industry.”
 
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Legendary jockey Mick Dittman's stable complex in Gold Coast up for sale

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As he gears up for a bumper day at Rosehill Gardens which could see him all but crowned Sydney's premiership jockey, Brenton Avdulla has bought a townhouse in Pagewood.
The Melbourne-born jockey has paid $1,788,000 for an off the plan offering in the new S Pagewood development by Silkari.
It's further away from the track than his other Sydney property, a one bedroom Kensington unit just a stroll from Royal Randwick.
Avdulla sits at the top of the Sydney jockey's premiership with an 11.5-win lead over the Winx riding Hugh Bowman in second.
Today the 26 year old has a full book of rides at Rosehill including four early favourites Intrinsic, New Universe, Dagny and So Willie.
Avdulla has earned over $46 million in prize money, with his greatest triumph coming last year when he rode rank outsider Lasqueiti Spirit to the Crown Oaks at Flemington.
It was priced at $100 to win.
The 26 year old, who is riding without the backing of a major stable, has led the title race for most of the season with 18 city meetings remaining.
He's secured a three storey townhouse which sold through NG Farah agents Joe Recep and Martin Farah.
Its on the 19,000 square metre site that property investor Robert Magid sold for $41 million to Chinese-backed Visionary Investment Group last year for $41 million.
Once home to the Electrolux manufacturing plant, it had approval for 209 apartments and 35 townhouses.
The four bedroom home designed by architects Turner Studio will be nestled in private gardens.
It offers 126 square metre space, a 46 square metre garden and a 24 square metre car space.
Should Avdulla rent the home, its estimated return of $1,000 to $1,100 would give him a rental yield of around 3%.
Its set to settle in 2018.
Early last month Avdulla chalked up his 100th winner for the season in New South Wales, the third consecutive year he's racked up. 
This article first appeared in The Daily Telegraph.
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Jockey Brenton Avdulla buys off the plan in Pagewood

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Long-time rich lister and Canberra Airport owner Terry Snow is Australia's newest billionaire.
Last year, he slipped two places to 84 in the BRW Rich List of the wealthiest 200 Australians. His estimated wealth was around $685 million last year.
But this year the word is that he's joined billionaire status. The magazine hits news stands later this week in its 34th edition.
Last year’s billionaire’s club had 53 rich listers, with Harry Triguboff, Australia’s largest apartment builder, leading with a wealth of $10.62 billion.
Other property tycoons in the top 5 were Westfield chairman Frank Lowy at no. 3 with a wealth of 8.26 billion and John Gandel at no. 5 with $5.4 billion.  
Terry Snow's smartest investment was buying the Canberra Airport for $65 million in 1998 with a 99-year-year lease from the Federal Government. He committed $480 million to its redevelopment.
The upgrade paved the way for a major new terminal in 2013 and the airport has more international flights now. 
The value of all the properties in the airport portfolio was listed at $2.6 billion in its 2016 financial report, up from $2.39 billion the previous year. It made an operating profit of $216 million.
Since privatisation Canberra Airport precinct now comprises the terminal and Fairbairn RAAF base, as well as Brindabella Business Park and Majura Park, all of which have undergone extensive development.
The Canberra-based businessman, who started out as an accountant, is spending $100 million on a horse facility that would be his legacy project.
It caters for all equestrian sports, including dressage, showjumping, three-day-eventing, campdrafting and vaulting, according to the Australian Financial Review.
He has appointed Cox Architecture for designing the custom-built horse park on Snow’s 860-hectare property, Willinga Park, at Bawley Point on the NSW south coast.
Snow wants the park to stage a variety of horse events, for which he intends to partner with leading equestrian organisations and attract corporate sponsorship, the AFR said. The private park has multiple arenas, a stable complex and showy hospitality space.
He’s also breeding pedigreed Australian Stock Horses with price tags averaging $11,000, whose sale is expected to help the costs of the park’s full-time staff.
The property comprises three Olympic-sized dressage arenas, one of which is undercover, plus a warm-up arena, the AFR recently noted.
It was Bob Snow and his two sons, Terry and George, who founded the forerunner to CPT in Canberra in the early 1980s. Terry Snow was the driving force behind Capital while his brother held  separate interests in two listed companies, Biron Corporation and Skansen Holdings.
Terry Snow, of Capital Property Trust, debuted with $70 million in 1993 when the 10 richest were: 
<ol>
<li> The Murdoch family         $4.5bn</li>
<li> Kerry Packer                $3 bn</li>
<li> Sidney Myer, Neilma Gantner and Marigold Southey  $820 m</li>
<li> David Hains                $750 m</li>
<li> Frank Lowy                 $670 m</li>
<li> The Smorgon family         $650 m</li>
<li> Lindsay Fox                $600 m</li>
<li> Richard Pratt              $550 m</li>
<li> John Gandel                $500 m</li>
<li> Solomon Lew                $500 m</li>
</ol>
 
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Long-time rich lister and Canberra Airport owner Terry Snow is Australia's newest billionaire

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The doyen of Australian race-callers, John Tapp and wife Ann have sold their Ebenezer home within a week of its listing.
<a href="https://www.realestate.com.au/sold/property-house-nsw-ebenezer-123667370" target="_blank">The 10 hectare estate</a> was used for a harness racing facility which was his hobby turned second career.
Complete with an all weather training track, stable complex, spelling paddocks and day yards, the facility was home to the likes of his group one winner, Chariot King.
The sand stock brick home has five bedrooms, two bathrooms, and an entertaining deck and swimming pool which are set amongst manicured gardens and sandstone boulders.
There is also a self contained granny flat on the Hawkesbury district equestrian estate some 70 kilometres north-west of the Sydney CBD.
Offers over $2 million were being sought by Starr Partners Windsor agent Adam Buchert who found the buyer mid-week.  
Tapp was one of Australia's most beloved race callers. It was estimated over his 33 year career that he called over 50,000 individual races.
As an 11 year old he developed a fascination with listening to famous race caller of the day Ken Howard on the wireless radio.
John began painting Paddle Pop icecream sticks the same colours as the jockeys' silks.
He learnt his craft by tossing the sticks into the stormwater drain that ran behind his childhood home and then called the ensuing race as the sticks floated off.
Tapp retired from race calling in 1998 but maintained an involvement through Sky Channel. 
Tapp nominated Kingston Town, Octagonal and Super Impose amongst the best he had seen during his long broadcast career. 
He was introduced to trotting through a celebrity challenge, then bought a property at Luddenham where he bred his first horse, a little mare he called Red Mittens.
His other horses included Alias Kent, Orbital, Lord Patterson, Blue Baffin, Lochlee Eaglehawk and Supergas, all cheap horses.
This article was first published in the Sunday Telegraph.
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