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.

Joel Robinson

Time & Place to take on Mosman apartment market

Brunswick’s civic heart continues to consolidate around the Merri-bek Arts and Culture Precinct, where a growing cluster of cultural institutions, recreation facilities, and public infrastructure has created one of the inner north’s most defined community hubs.&nbsp;

Within this evolving precinct, <a href="https://www.apartments.com.au/new-apartments/saxon-street-by-milieu-brunswick-31-saxon-street-brunswick-vic-3056">Saxon Street by Milieu</a> introduces new housing directly alongside the civic anchors that shape daily life in the suburb.

At 31 Saxon Street, the project sits immediately beside Brunswick Baths and within moments of Brunswick Library and Town Hall, longstanding institutions that support both community services and everyday amenity.&nbsp;

[smartcode_project:default project_id=136434 project_image_fid=348840]

Next door, the newly delivered Balam Balam Place arts precinct has emerged as a central piece of Merri-bek Council’s cultural strategy, bringing together creative studios, exhibition spaces, maternal and child health services, and community programming in a purpose-built civic facility. Together, these destinations have reinforced the surrounding blocks as a focal point for public life in Brunswick.

This part of <a href="https://www.apartments.com.au/developments/brunswick-vic-3056">Brunswick</a> forms a key pocket within the suburb’s designated Major Activity Centre, where long-term planning has prioritised walkability, civic investment, and increased housing supply close to transport and services. The surrounding street network reflects that strategy, with compact blocks, established retail corridors and active transport links supporting a lifestyle that is largely navigable on foot.

Within a few minutes’ walk, Sydney Road delivers one of Melbourne’s most recognisable streets, known for its long-running mix of independent retailers, international dining venues and everyday convenience. Tram routes along Sydney Road provide frequent connections south toward the CBD and north through Brunswick and Coburg, while Jewell Station on the Upfield line sits within roughly a ten-minute walk, offering direct train access into the city.

[smartcode_project:default project_id=136434 project_image_fid=348839]

Active transport also plays a significant role locally. The nearby Upfield Bike Path forms a key north–south cycling corridor linking Brunswick through Parkville and into the central city, reinforcing the area’s reputation as one of Melbourne’s most accessible inner-urban neighbourhoods for cyclists and pedestrians alike.

The surrounding civic cluster extends beyond cultural infrastructure. Siteworks, a nearby creative hub supporting artists and community organisations, adds to the concentration of cultural activity in the immediate area. Educational institutions such as Brunswick North Primary School, Brunswick Secondary College and RMIT’s Brunswick campus are also within easy reach, contributing to the suburb’s diverse resident base spanning families, students and professionals.&nbsp;

[smartcode_project:default project_id=136434 project_image_fid=348841]

Designed by <a href="https://www.apartments.com.au/architects/jackson-clements-burrows-architects">Jackson Clements Burrows Architects</a> in collaboration with <a href="https://www.apartments.com.au/interior-designers/designoffice">DesignOffice</a> and landscape architects <a href="https://www.apartments.com.au/landscape-architect/oculus">OCULUS</a>, the nine-level building has been shaped to respond to the surrounding streetscape, with lower levels aligning to the street and upper storeys stepping back to soften its scale and improve solar access.&nbsp;

Curved balcony forms reference nearby heritage architecture, while the development’s public realm improvements include a widened footpath along Saxon Street to strengthen pedestrian connections between the precinct’s civic sites.

Sustainability also underpins the project’s approach. The building is designed to operate entirely on electric infrastructure supported by rooftop solar, with an average 7.5-star NatHERS energy rating and EV-charging readiness across the development. Shared resident amenities will include a landscaped rooftop terrace with barbecue and covered dining areas intended to encourage informal interaction between residents.

Saxon Street marks developer Milieu's fifth project in Brunswick and continues its focus on design-led infill housing across Melbourne’s inner suburbs.&nbsp;

Construction has commenced through reputable builder Manresa, who will complete the project in 2027.

[smartcode_project_cta:default project_id=136434]

Saxon Street by Milieu connects residents to Brunswick’s cultural and civic core

Within <a href="https://www.apartments.com.au/new-apartments/candela-ivanhoe-40-upper-heidelberg-road-ivanhoe-vic-3079">Candela Ivanhoe</a>, <a href="https://www.apartments.com.au/developers/salter-brothers">Salter Brothers</a>&nbsp;takes a different approach to larger residences, moving away from the constraints of a single level.

In Grand Residence 3.05, known as the Lustre, plays out across two levels, with a mezzanine configuration that is uncommon in apartment living.

Lustre is a four-bathroom residence where the layout creates a clear distinction between shared and private zones, with uninterrupted views toward the Dandenong Ranges extending the sense of openness from the main living areas.

Entry is to the primary living level, where the kitchen, dining, and living areas are arranged as one continuous space. Timber flooring runs throughout, with a fireplace set within the living zone. Full-height glazing brings in natural light, supported by double glazing that improves thermal performance.

[smartcode_project:default project_id=342 project_image_fid=357506]

The kitchen is configured as both a working and social space. A large island bench provides seating, while a walk-in pantry extends storage beyond typical apartment expectations.

Gaggenau appliances, including a 900mm gas cooktop and 600mm oven, are integrated into a layout that connects directly to the adjacent dining and living areas, and outward to the terrace. This balcony includes a built-in BBQ, reinforcing the apartment’s capacity to accommodate larger gatherings without compromising internal space.

A dedicated laundry room, powder room, and a wine cellar area sit discreetly off the main living zone, ensuring that functional requirements are resolved without encroaching on primary living areas. The master suite is also located on this level, designed as a retreat with a walk-through wardrobe and an ensuite that includes double vanities, a bath, and a dedicated dressing table.

[smartcode_project:default project_id=342 project_image_fid=357508]

The mezzanine level introduces a second layer of living, rather than simply additional bedrooms. Two large bedrooms with built-in robes are positioned alongside a central bathroom, while a secondary lounge and study area create a self-contained zone suited to children, guests, or extended family. A large storage room further supports long-term usability, addressing a common shortfall in apartment design.

This separation of levels is central to how the residence functions day-to-day. It allows the lower level to operate as the primary entertaining and living space, while the upper level provides privacy and flexibility. The result is closer in feel to a townhouse or standalone home, but with the benefits of apartment living, security, and low maintenance.

[smartcode_project:default project_id=342 project_image_fid=364553]

Candela is close to 80 per cent complete, with Ironside delivering construction ahead of its expected October 2026 completion. The development comprises 58 residences, with a strong owner-occupier profile and a mix of one to four-bedroom apartments and loft-style townhouses.

Candela has exclusive access to private amenities, including a residential lounge and rooftop terrace. A charming café and a lifestyle wellness centre are located on the ground level, designed to foster community connection and extend the living experience beyond individual apartments without competing with the scale of homes like Lustre.

Candela, positioned in the heart of Ivanhoe Village, reinforces the practicality of the address. With a Walk Score of 90, residents are within immediate reach of cafés, retail, parklands, and Ivanhoe Station, while also benefiting from proximity to established schools and healthcare services.

[smartcode_project_cta:default project_id=342]

Inside Lustre: Grand Residence 3.05 at Candela Ivanhoe

<a href="https://www.apartments.com.au/developers/milieu-property">Milieu</a>’s <a href="https://www.apartments.com.au/new-apartments/elsternwick-gardens-by-milieu-8-gordon-street-elsternwick-vic-3185">Elsternwick Gardens</a> is being shaped around a simple but increasingly rare premise in apartment development: that the built environment should actively support residents’ wellbeing.&nbsp;

Located on the former ABC Studios site on Gordon Street in Melbourne’s south-east, the new neighbourhood sits on an expansive 11,740 sqm site neighbouring the heritage-listed Rippon Lea Estate, whose gardens date back more than 140 years.

Rather than positioning wellness as an add-on amenity, the development integrates it into the physical planning of the site. Architecture by <a href="https://www.apartments.com.au/architects/woods-bagot">Woods Bagot</a> is arranged across six low-rise buildings set within extensive landscaping designed by <a href="https://www.apartments.com.au/landscape-architect/oculus">OCULUS</a>, with more than 40 per cent of the land dedicated to gardens and green space. Walking trails, pocket gardens, and mature trees are threaded between buildings, creating a network of green corridors that encourage residents to move through the precinct on foot and spend more time outdoors.

[smartcode_project:default project_id=136535 project_image_fid=288420]

Milieu has intentionally framed these gardens as an extension of the neighbouring Rippon Lea Estate. More than 16,000 new plants will be introduced across the site, with species carefully selected to protect and complement the area’s ecological significance. The approach focuses on strengthening existing environmental conditions while establishing new habitats that support native wildlife, reinforcing the role of the landscape as both an active ecosystem and a defining element of daily life.

A private resident gate will provide direct access to the historic grounds during opening hours, allowing residents to move seamlessly between the development’s landscaped gardens and the estate’s expansive lawns, lakes, and mature trees. The project’s gardens will also be maintained by the same gardeners responsible for Rippon Lea, reinforcing the visual and ecological continuity between the two landscapes.

Complementing the landscape is a dedicated wellness hub designed to support everyday health and recovery. Residents will have access to a gym alongside yoga and Pilates studios, while mineral pools and infrared saunas provide spaces for relaxation and restorative wellbeing. Shared lounges, workshop spaces, and pet care facilities expand the concept of wellness beyond fitness, creating opportunities for social connection and community interaction within the precinct.

Environmental performance is another key component of the project’s wellbeing focus. Elsternwick Gardens will be entirely fossil-fuel-free, with homes designed to operate on renewable electricity rather than gas. Passive design strategies, including cross-flow ventilation, high-performance insulation, and thermally broken double glazing, are intended to maintain comfortable indoor temperatures while reducing energy demand. Solar photovoltaic systems will power common building services, while rainwater harvesting will help irrigate the extensive landscaping across the site.

[smartcode_project:default project_id=136535 project_image_fid=361030]

Milieu Founder and Managing Director Michael McCormack says the scale and setting of the project allowed the team to take a different approach to urban apartment living.

“This site represents a once-in-a-lifetime opportunity to build something truly special,” McCormack says.

“Through that process, we arrived at a design that centres on a fully realised natural landscape – a series of private, interconnected gardens that encircle the homes and extend seamlessly from Rippon Lea Estate.”

Elsternwick Gardens will comprise three residential offerings, Gordon Place, Ripponlea Terrace, and The Garden Pavilion, each designed for owner-occupiers and shaped around high-quality interior design by Woods Bagot, K.P.D.O., and Flack Studio. The first stage, Gordon Place, includes one-, two-, and three-bedroom apartments designed with a strong focus on indoor-outdoor living and sustainability.

[smartcode_project:default project_id=136535 project_image_fid=288412]

Milieu recently appointed <a href="https://www.apartments.com.au/builders/brady-constructions">Brady Constructions</a> to deliver the project, marking a key milestone for the development. The appointment follows the demolition of the former studio buildings on the Gordon Street site, with construction progressing toward the delivery of the nature-led community.

Situated between the established villages of Elsternwick and Ripponlea, the development balances its garden setting with strong urban connectivity. Residents will be within walking distance of cafés, restaurants, and local retail, while nearby train and tram connections provide quick access to Melbourne’s CBD and the beaches of Elwood and St Kilda.

With construction underway and the first residents expected to move in by early 2027, Elsternwick Gardens represents a growing shift in apartment development toward environments that prioritise wellbeing as much as density or location. By placing landscape, sustainability, and shared spaces at the centre of the design, Milieu is positioning the project as a residential neighbourhood where wellness is not just promoted, but built into the structure of everyday life.

[smartcode_project_cta:default project_id=136535]

Elsternwick Gardens' wellness-first design strategy

Brisbane-based developer <a href="https://www.apartments.com.au/developers/red-co">Red &amp; Co</a> has made a striking debut on the Gold Coast, officially unveiling its $250 million COMO development in Varsity Lakes, a lifestyle-driven residential project anchored by an extensive rooftop wellness and activity precinct.

Having recently launched to market, construction has already been fast-tracked by <a href="https://www.apartments.com.au/builders/5point-projects">5Point Projects</a>, ensuring momentum continues on what is set to become a landmark residential address for the growing Varsity Lakes community.

Located at 22 Lake Street, Varsity Lakes, <a href="https://www.apartments.com.au/new-apartments/como-varsity-lakes-22-lake-street-varsity-lakes-qld-4227">COMO</a> will comprise 156 apartments across 16 levels, comprising one-, two- and three-bedroom residences designed for modern living. However, it is the project’s rooftop amenity offering that sets COMO apart.

[smartcode_project:default project_id=135546 project_image_fid=363510]

Designed as a dedicated wellness and recreation hub, the rooftop will feature a 25-metre lap pool, fully equipped gymnasium, and multiple pickleball and paddleball courts - amenities rarely seen in boutique apartment projects.

Residents will also have access to a sauna and plunge baths, while landscaped gardens and relaxation zones will provide tranquil spaces overlooking sweeping panoramic views across the Gold Coast skyline.

The rooftop precinct has been designed to function as the social and wellness heart of the development, encouraging residents to embrace an active, balanced lifestyle within their own building.

&nbsp;

[smartcode_project:default project_id=135546 project_image_fid=363512]

Red &amp; Co director David Laverty said the amenity offering was central to the project’s design from the outset.

“Amenities were at the forefront of our decisions,” Laverty said.

“Buyers today are looking for more than just an apartment - they want a lifestyle that promotes health, connection and balance.

“The rooftop at COMO has been designed to be the epicentre of that lifestyle, with a suite of wellness and recreation facilities that are quite unique for a boutique development of this scale.”

&nbsp;

[smartcode_project:default project_id=135546 project_image_fid=363514]

Designed by <a href="https://www.apartments.com.au/architects/bda-architecture">BDA Architecture</a>, the residences prioritise liveability, featuring spacious layouts, 2.7-metre ceilings and high-quality finishes throughout.

The development sits beside Bond University, placing residents within walking distance of education, retail and dining options within the vibrant Varsity Lakes precinct, including Robina Town Centre, Varsity Lakes Train Station and a range of leading schools.

[smartcode_project:default project_id=135546 project_image_fid=363511]

Laverty said the location was a key driver behind Red &amp; Co’s decision to bring the project to the Gold Coast.

“<a href="https://www.apartments.com.au/developments/varsity-lakes-qld-4227">Varsity Lakes</a> was a clear choice for us to invest in as it’s a lifestyle hub that seamlessly blends lakeside living with urbanity,” he said.&nbsp;

“Como will capitalize on this great location, delivering a project that not only creates premium homes, but a lifestyle defined by community, wellbeing, and connectivity.”

Red &amp; Co has delivered more than 500 apartments and townhouses across 26 projects in Brisbane in recent years, with COMO marking the company’s first major Gold Coast development.

[smartcode_project_cta:default project_id=135546]

Red & Co unveils amenity-rich Como development in Varsity Lakes

Milsons Point

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A Milsons Point sub-penthouse in the Colonnades residential building with its 'Times Square' like façade has been sold.
It fetched $2.85 million by Tower London agent John Tower in late May.
The 25th floor <a href="https://www.realestate.com.au/sold/property-apartment-nsw-milsons+point-131779082" target="_blank">Glen Street apartment</a> features three double bedrooms with water views of the main harbour and Opera House, and three bathrooms with the master bedroom on one end of the apartment and the other two opposite each other. 
It was bought by the Aboud family for $1.64 million in 2003.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2020/5/27/4_Milsons%20Point%20Bedroom.jpg" alt="">
The apartment showcases a large combined living room with a study area to one corner and dining area to the other.
There is an observation deck on the pointy end of the building.
The apartment was listed last July at $3.35 million. 
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Milsons Point sub-penthouse sold for $2.85 million

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Club owner Russell Crowe won't be able to enter, but the South Sydney Rabbitohs faithful are being encouraged to enter an infield obstacle course competition that could see them win a $1 million one bedroom Sydney harbourside apartment.
The Chinese property developer Aqualand, who are the home ground sponsors of the South Sydney Rabbitohs, has embarked on an unusual marketing campaign to get greater recognition across Sydney.
In the lead up to the Bunnies game against the Dragons next month, fans are being encouraged to follow Aqualand's social media channels for a chance to win the apartment.
It's a promotional push from Aqualand who have around 40 apartments left to sell in Blue, their 129 apartment tower at Milsons Point (below).
All four Burgess brothers are helping promote the competition.
Fans will need to follow the Aqualand social media accounts, currently obscure with just 1,550 followers on Instagram, and 650 on Twitter.
(Russell Crowe has 700,000 followers.)
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/6/28/Aqualand%20Blue.jpg" alt="">
The contestants who sign up the most friends for Aqualand will secure the opportunity to participate in an on field obstacle course.
The winner will advance and face a game of chance where there is small possiblity they could win the apartment.
Expectant fans unfortunately won't get to see Rabbitohs owner Russell Crowe throwing his weight around given staff, players and their family members are not permitted to enter.
The competition went live yesterday with over 500 entries in the first 30 minutes.
It is not restricted to Rabbitohs fans.
The Lavender Street building was the 18 level Samsung office block before Aqualand bought it for $140 million in 2016.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/6/28/Aqualand%20Blue%202.jpg" alt="">
They called in PTW Architects to design the luxury 129 apartment tower. There are less than 40 units left to sell.
When sales launched in 2017, the sub-penthouse sold for $8 million.
Both of the buildings penthouses were sold this time last year, one fetching $9 million and the other selling for $10.5 million.
Blue was marketed as the last residential conversion development in the Milsons Point area with views to the city and Harbour Bridge.
This article was first published in the Daily Telegraph.
 
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jrobinson-rf4aSBido9

Aqualand in $1 million Milsons Point apartment giveaway at Rabbitohs game

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Sir Peter Cosgrove, who will step down as Australia's governor-general next month, and wife Lady Lynne Cosgrove, are downsizing in Sydney's north.
They will vacate the governor-general's official residence, Admiralty House on the Kirribilli waterfront, and will be moving in to a three bedroom apartment in Milsons Point.
Records show they paid $2.25 million for the 15th floor apartment in the Pinnacle building.
The apartment had sat idly on the market for around 50 days through Di Jones agent Nigel Mukhi, prompting the vendor to attempt the lease the investment apartment again at $1,500 a week before the Cosgrove's swooped.
The Pinnacle building was built in the late 1990s on Dind Street.
The Cosgrove's have called the lower north shore home for over a decade, having bought a Neutral Bay townhouse for $1.95 million in 2007.
They sold it for $2.1 million in 2014 given Peter's appointment as governor-general and the luxury of moving in to the 1840s Victorian sandstone Admiralty House.
The property on the tip of Kirribilli was built in 1842 by Lieutenant-Colonel John Gibbes. It was bought by the colonial government in 1885 and renamed Admiralty House.
 
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Outgoing governor-general Sir Peter Cosgrove buys in Milsons Point

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The Milson Point's QE Foodstores premises have been sold for $6 million.
QE has other stores in Balmain, Camperdown, Darlinghurst, Newtown, Randwick, Waterloo and Waverley.
The shopfront at <a href="http://commercialpropertysearch.savills.com.au/0bbda22c-73bc-e811-80e6-005056816353/Sale/Milsons-Point/88-Alfred-Street" target="_blank">88 Alfred Street</a> was listed with $5.5 million hopes in November, through Savills agents David Hickey, Tom Tuxworth and Nick Tuxworth.
They expected interest from local, interstate and offshore investors.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/4/11/QE2.jpg" alt="">
The property has a new 10 year lease, with two five-year options.
On its listing Hickey said the lease and strong annual increases will attract buyers looking for secure, super-prime investments in the sub $10 million category. 
“Throughout 2018, we have seen a weight of capital chasing retail properties in prime locations, particularly in highly populated and affluent inner-urban and suburban areas," Hickey said.
“Investors are certainly looking for quality over quantity in the current market, and 88 Alfred Street fits that category.”  
“QE Foodstores took a strategic view on the local Milsons Point, Kirribilli, McMahons Point and Blues Point precinct when they noticed the community had been starved of a quality supermarket for a very long period of time,” Hickey said.
“The business decided to venture to Sydney’s North Shore and open its ninth grocery store to cater to this pent-up demand for fresh, quality and artisan produce.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/4/11/QE3.jpg" alt="">
“At 88 Alfred Street, the store benefits from being situated in Sydney’s second most-liveable suburb, only a 10-minute walk from the Sydney CBD and North Sydney.” 
Hickey said QE Foodstores appealed directly to a growing number of affluent Baby Boomer and Millennial shoppers, “who shop more frequently with smaller basket sizes”. 
“These shoppers demand personalisation, special services and quality products, which is what QE Foodstores has strived to deliver since opening its first store 16 years ago,” he said.
“The owners’ goal is to keep growing and provide a great range of products and services to many more Sydney neighbourhoods.
“They are constantly on the lookout for new sites in the inner city and east, and they’re now very seriously considering additional sites on the Lower North Shore.”
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Boutique grocer QE Foodstores premises sold by Savills in Milsons Point

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A recently opened boutique grocer in Sydney’s Milsons Point has been listed with $5.5 million hopes.
The property at 88 Alfred Street is run by QE Foodstores and is the group’s ninth offering, with other stores in Balmain, Camperdown, Darlinghurst, Newtown, Randwick, Waterloo and Waverley.
It is set to go under the hammer in early November.
Interest is expected from local, interstate and offshore investors, said Savills Australia’s David Hickey, Tom Tuxworth and Nick Tuxworth.
<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/2018/10/10/88%20Andrew%20Street%20Milsons%20Point%20-%20internal%203.jpg" alt="">
“The new 10-year lease with two five-year options to renew and strong annual increases will attract buyers from local, national and international markets looking for secure, super-prime investments in the sub-$10 million category,” Hickey said.
“Throughout 2018, we have seen a weight of capital chasing retail properties in prime locations, particularly in highly populated and affluent inner-urban and suburban areas.
“Investors are certainly looking for quality over quantity in the current market, and 88 Alfred Street fits that category.” 
<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/2018/10/10/88%20Andrew%20Street%20Milsons%20Point%20-%20internal%202.jpg" alt="">
He said QE Foodstores owners had recognised a gap in the Lower North Shore retail market for a boutique grocery store.
“QE Foodstores took a strategic view on the local Milsons Point, Kirribilli, McMahons Point and Blues Point precinct when they noticed the community had been starved of a quality supermarket for a very long period of time,” Mr Hickey said.
“The business decided to venture to Sydney’s North Shore and open its ninth grocery store to cater to this pent-up demand for fresh, quality and artisan produce.
“At 88 Alfred Street, the store benefits from being situated in Sydney’s second most-liveable suburb, only a 10-minute walk from the Sydney CBD and North Sydney.
“These shoppers demand personalisation, special services and quality products, which is what QE Foodstores has strived to deliver since opening its first store 16 years ago,” he said.
“The owners’ goal is to keep growing and provide a great range of products and services to many more Sydney neighbourhoods.
“They are constantly on the lookout for new sites in the inner city and east, and they’re now very seriously considering additional sites on the Lower North Shore.”
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Boutique Milson's Point supermarket set for auction 

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International developer Zone Q Investments has awarded Sydney builder Ceerose a contract to build the $155 million boutique project Aqualuna Residences in Milsons Point.
The 63 apartment building designed by Koichi Takada is expected to be completed in the first quarter of 2020. Demolition has begun and main work is expected to commence later this month.
85 percent of residences have been sold already.
Zone Q Investments Andrew Wilkinson says they are looking forward to working with Ceerose.
"We know owners will appreciate the superior craftmanship of the development.” 
Ceerose managing director Edward Doueihi said they are delighted to be appointed to build the "iconic and timeless structure."
“The Ceerose name has become synonymous with constructing luxurious residential buildings that enhance the environment, provide desirable living and create communities.  
"Many Ceerose projects have won national and international awards, Aqualuna is expected to secure several high-profile accolades too.”
The Alfred Street development, with views over Sydney Harbour and Lavender Bay, is a short walk to the nearby Milsons Point train station.
For further information <a href="http://www.aqualunasydney.com%20" target="_blank">click here. </a><a href="http://www.aqualunasydney.com"> </a>
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Ceerose to build Aqualuna Residences at Milsons Point

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Celebrity couple Nicole Kidman and Keith Urban have passed up the chance to lock out the top floor of the Latitude building in Milsons Point.
The third and final apartment on the top floor had been listed for sale, however it was confirmed the pair were not the buyers after it sold for $8 million.
It last traded for $3,795,000 in 2007 when former CoreLogic boss Graham Mirabito and wife Michelle bought the two level, three bedroom apartment.
The purchase by Kidman and Urban would have seen a whole floor amalgamation with over 1,300 sqm of living space.
<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/2017/06/26/Kidman2.jpg" alt="">
The Hollywood stars first bought in to the building in 2009 when they paid around $6 million for the 420 sqm penthouse of Yellow Brick Road chairman Mark Bouris.
They added the adjoining 380 sqm unit three years later for more than $7 million and merged the two apartments.
McGrath agent Nigel Mukhi sold the apartment, confirming the buyer "wasn't them".
The couple do own a third apartment in the block.
Kidman paid $2.68 million for a 19th floor apartment which has been utilised as a home office.
The couple are US based and own a farm in Tennessee, a house in California's Beverly Hills and another high-rise condo in New York.
The New York apartment in Chelsea, the heart of Manhattan's art district, cost them $US9.67 million.
The two level, 220 sqm fourth floor digs are diagonally across the road from the Gagosian Gallery.
 
 
 
 
 
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Kidman and Urban say no to Milsons Point penthouse

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Celebrity couple Nicole Kidman and Keith Urban have an opportunity to create a whole floor penthouse at their already enlarged Milsons Point bolthole.
They own all but one of the three top floor apartments of the Latitude Building in Milsons Point.
They've previously merged two apartments and the latest listing would give them the chance to create a super penthouse overlooking Sydney Harbour no doubt with acclaimed Sydney interior designer Blainey North back to decorate.
The couple's first purchase in the block was a 420 sqm apartment they bought from Yellow Brick Road chairman Mark Bouris for around $6 million in 2009.
Three years later they secured the 380 sqm unit next door for just over $7 million.
Now the <a href="https://www.realestate.com.au/property-apartment-nsw-milsons+point-125428726" target="_blank">third and final apartment</a> not in their ownership on the 21st floor is up for sale through McGrath Estate Agents with offers closing June 8. 
Graham Mirabito, the former chief of property giant CoreLogic, wants to downsize.
Graham and wife Michelle paid $3,795,000 for the two level, three bathroom apartment in 2007.
The purchase of the Mirabito home would see a whole floor amalgamation with over 1,300 sqm of living space. 
It is a long way from her first home, a 73 sqm unit in Mosman which cost only $81,000 in 1987.
Kidman also owns a $2.68 million 19th floor apartment in the Latitude block, utilised as a home office. 
Nicole and Keith maintain their Southern Highlands retreat Bunya Hill, a 45 hectare black Angus cattle stud at Sutton Forest that cost $6.5 million in 2008.
Two years ago Kidman gave Vogue a video tour of the property that has long been hidden from the public eye behind hedging.
The 1878 Georgian mansion with wide sandstone verandas, pressed-metal ceilings and 10 marble fireplaces was once leased as a vice-regal rural retreat for Lord Augustus Loftus, a governor of NSW in the colonial 1880s.
Nicole sold her three-storey Darling Point villa in 2009 for around $13 million which she bought with ex-husband Tom Cruise.
She was on the expansionary path then as they initially paid $4.2 million in 1995 to buy part of the Yarranabbe Road property, picking up the remainder for $4.75 million in 1998. 
Nicole and Keith still own their a farm in Tennessee, a house in California's Beverly Hills and another high-rise condo in New York.
The New York apartment in Chelsea, the heart of Manhattan's art district, cost them $US9.67 million.
The two level, 220 sqm fourth floor digs are diagonally across the road from the Gagosian Gallery.
 This article first appeared in the Daily Telegraph.
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Nicole Kidman and Keith Urban eye Milsons Point expansion

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Aqualand has settled on its latest acquisition, an office conversion property located at 61 Lavender Street, Milsons Point.
To be known as Blue at Lavender Bay, the 18 level commercial office building has been purchased with approval to develop 137 luxury residential apartments, comprising of studios, one-bedroom, two-bedroom and three-bedroom dwellings.
Over 80 per cent of apartments have views to the Harbour Bridge.
The name ‘Blue’ was chosen to echo the waterfront location of the property, and as a homage to the historical figures of Milsons Point, George Lavender and Susannah Blue.
<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/2017/03/14/61%20Lavender%20St%20-%20image.jpg" alt="">
Jin Lin, the managing director of Aqualand said with the appointment of PTW’s architectural team, Blue at Lavender Bay "will be an example of the high standard of lifestyle we pride ourselves on delivering for our customers.”
Alex Adams, Aqualand’s head of sales and marketing, said sales are expected to commence by mid-year.
The structure of the 40 year old building is already optimised for generous space and views, he added.
<img src="https://www.urban.com.au/images/2017/03/14/No.61_Level%2017%202.JPG" alt="">
 
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80 percent of Aqualand's Blue at Lavender Bay have bridge views 

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The boss of Cranswick Wines Australia, Graham Cranswick-Smith, has sold his Milsons Point penthouse pre-auction.
He's bought another penthouse over in the eastern suburbs.
McGrath Neutral Bay agents Jordan Black and Nigel Mukhi <a href="https://www.propertyobserver.com.au/https://www.realestate.com.au/123055154" target="_blank">secured the Milsons Point sale</a> after having $3.9 million hopes. It sold to a family from the Macarthur region who plan on leasing it out for a couple of years and then downsize to it.
Showcasing over 300 sqm of indoor and outdoor living, the Mirvac built penthouse has four bedrooms, two renovated limestone bathrooms and his home office.
A wraparound entertainers' balcony offers 270 degree views of the Harbour Bridge.
There's also an upper level expansive alfresco sun deck with jacuzzi.
Graham paid $3.58 million for the Milsons Point apartment in February last year, just weeks after he sold his McMahon Point trophy mansion, Villa Medusa, to tech guru Daniel Petre and his wife Carolyn.
Cranswick-Smith founded Cranswick Wines in 1991 when he initiated a management buy-out of Diageo's bulk winemaking facility in the Riverina region of New South Wales.
Since then Graham has transformed from producing bulk wine for major Australian producers to producing and marketing it's own broad range of Australian varietal wines. It recently won gold medals at the 2016 China Wine &amp; Spirit Best Value Awards.
The family name Cranswick is thought to derive from Crane’s Wyke (the village of cranes) in Yorkshire, as recorded in the medieval Domesday Book (England 1066).
This article was first published in the Sunday Telegraph.
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