Builder-developer ALAND has drawn back the curtain on its first city-focused new apartment development.

The North Sydney development, <a href="https://www.apartments.com.au/new-apartments/the-walden-north-sydney-173-179-walker-street-north-sydney-nsw-2060">The Walden</a>, is the first time the company has ventured this close to the city, having previously completed thousands of apartments predominantly in Sydney's west, and more recently in Gosford.

<a href="https://www.apartments.com.au/developers/aland">ALAND</a> acquired the prime North Sydney site, spanning Walker and Hampden Streets just down the road from the Victoria Cross Metro station, for $240 million in June.

Now they've unveiled the new project, a mix of one-, two-, three- and four-bedroom apartments across a 30-level building designed by Rothelowman.

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The Walden will capitalise on the site’s front-row position on the eastern fringe of the <a href="https://www.apartments.com.au/developments/north-sydney-nsw-2060">North Sydney</a> CBD, which offers uninterrupted Sydney Harbour views stretching from the Sydney Harbour Bridge all the way to Sydney Heads.

The main tower will be flanked by a small four-level amenity building known as The Pavilion, offering exclusive resident-only amenities including a dedicated concierge service, a sauna and private wellness studio, a gymnasium and fitness studio, a resort-style rooftop pool and sundeck.

There will also be a&nbsp;residents’ lounge, private dining and a wine cellar, and co-working facilities with an on-site meeting room and boardroom.

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ALAND Founder Andrew Hrsto said the company knew they could create something "iconic" with The Walden when they saw the site.

&nbsp;

“As a company, we had been searching for a site in one of Sydney’s blue-chip locations, spanning the Eastern Suburbs, the Sydney CBD and the North Shore, and when we had the opportunity to purchase this site, we immediately recognised that it could be something iconic – being the last development with a view offering this exceptional.

“We identified the attributes and quality of the site as being perfectly aligned for ALAND – and we feel that this off-market acquisition is a perfect opportunity to showcase our craftmanship and expertise through a truly unique offering."

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Hrsto pointed to ALAND’s longstanding development expertise as a significant benefit in delivering a positive outcome for The Walden.

“Being a fully integrated development and construction business with a highly experienced team, we have the benefit of in-house experts across the development spectrum, from acquisitions, design, planning, and construction, to sales, marketing, property management, through to building management.

“As one of Australia’s largest private development and construction groups, we’ve been in operation for 23 years, with a Gold Star iCIRT rating and a 100 per cent delivery success rate across numerous masterplanned and mixed-use projects – and we’re very much looking forward to bringing this expertise to The Walden and contributing to the ongoing revitalisation of North Sydney."

The Walden is the latest development in Sydney to have the 10-year Latent Defects Insurance policy by Resilience Insurance, protecting buyers from any structural or waterproofing-related issues for 10 years post-completion.&nbsp;

Demolition of existing structures on The Walden site has already commenced through specialist civil contractor Moits, with the aim of completing preparatory ground works by the end of 2025, ahead of construction commencement in early 2026.

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Joel Robinson

ALAND unveils The Walden, North Sydney's latest luxury apartment development

<a href="https://www.apartments.com.au/developers/toga-group">TOGA</a> has opened sales for the final building in Macquarie Rise, its latest mixed-use development in Macquarie Park.

Since launching its <a href="https://www.apartments.com.au/new-apartments/macquarie-rise-122-herring-road-macquarie-park-nsw-2113">Macquarie Rise</a> in late 2023, TOGA has secured over 125 sales in the Herring Road development, to a range of purchasers, from first home buyers to investors and downsizers. Around 65 per cent of purchasers have been owner-occupiers.

TOGA has now launched a new release of one-, two-, and three-bedroom apartments in the final building, Saunders Rise. Many of the apartments feature multi-purpose rooms and offer views of the surrounding greenery. Also part of the release is a series of&nbsp;sub penthouses housed on the upper floors.

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“We’re delighted with the ongoing strong interest in our Macquarie Rise development, which is testament to the need for premium housing in this much-loved Sydney suburb,"&nbsp;Allan Vidor AM, Managing Director at TOGA, said.

"We’re proud to be able to offer buyers a unique product that includes luxury amenities, spacious living areas and flexible layouts, designed to suit all kinds of buyers, from young professionals to families and investors.

“We have long been advocates of Macquarie Park, and once Macquarie Rise is complete, TOGA will have built 1,000 apartments in the area, delivering much needed homes within a thriving precinct. It’s great to see the area become renowned for high-quality apartments, proximity to amenities and green spaces."

TOGA, one of Australia’s few Gold Star iCIRT rated developers, is also handling construction of Macquarie Rise. They are on track to complete the building in 2027.

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Macquarie Rise boasts a prime location, placing residents within immediate reach of Macquarie Centre, Macquarie University, and the newly completed Macquarie University Metro, connecting to the Sydney CBD is just over 20 minutes.

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Macquarie Rise residents also have access to Club Rise, an exclusive, residents only lounge designed by luxury hotel designers Stack Studio, offering an abundance of work and break-out areas, a Pilates studio, a gym, and a karaoke room. As well as these premium amenities Macquarie Rise will also feature an impressive podium top 20m lap pool.

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“Offering luxury, spacious apartments in a vibrant and well-connected neighbourhood, it’s no surprise that Macquarie Rise remains popular with a range of buyers," said TOGA's General Manager of Sales, Anthony Falas.&nbsp;

"With interest rates tracking downwards, we expect the final apartments to continue to receive high levels of interest.”

Located at 122 Herring Road, Macquarie Park, the development will be delivered in partnership with Baptist Union NSW and Morling College with a value of over $400 million.

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[smartcode_project_cta:default project_id=89243]

TOGA launches final stage apartments in Macquarie Rise

Southern Cross Station anchors the western end of <a href="https://www.apartments.com.au/developments/melbourne-vic-3000">Melbourne</a>’s CBD, connecting metropolitan and regional rail with tram and bus interchanges in one of the city’s busiest transport corridors.&nbsp;

Just metres away, <a href="https://www.apartments.com.au/new-apartments/640-bourke-street-melbourne-640-bourke-street-melbourne-vic-3000">640 Bourke Street</a>&nbsp;will place residents in the heart of the city, with immediate access to Spencer Street trams, a growing mix of retail, hospitality and cultural venues, and a neighbourhood evolving into a lively residential precinct.

Developed by <a href="https://www.apartments.com.au/developers/far-east-consortium">Far East Consortium</a>, the 68-level project integrates a sculptural glass tower with the heritage-listed Eliza Tinsley Building on a 2,765 sqm Bourke St site.&nbsp;

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Designed by <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a>, the development replaces a previously approved scheme for 813 apartments with a refined offering of just over 600 larger-format residences, responding to a growing owner-occupier demand for spacious city living.

The location sits within a dynamic pocket undergoing significant transformation. Marvel Stadium and the Docklands waterfront are less than 10 minutes away on foot, offering both sports and leisure attractions.&nbsp;

Bourke Street Mall, Queen Victoria Market, and the State Library are all within walking distance, while Flagstaff Gardens, Melbourne’s oldest park, provides a green escape just to the north.

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Proximity to some of the city’s largest employers and education hubs, including the courts precinct, legal chambers, RMIT, and major hospitals, makes 640 Bourke Street an appealing residential address for professionals, families and students alike.

Education opportunities span all levels. Nearby, Haileybury City Campus offers private schooling just a short walk from 640 Bourke Street. Just beyond the CBD fringe, Carlton Gardens Primary School, one of Melbourne’s oldest state primary schools, and Docklands Primary School provide convenient government schooling options.

Higher education is equally accessible. RMIT University’s city campus spans multiple buildings just a few blocks away, while the University of Melbourne’s Parkville campus is easily reached via tram along Swanston or Elizabeth Streets.

Victoria University’s City Queen campus, focused on law and business, is also close by, positioning 640 Bourke Street within walking distance of three of Melbourne’s major tertiary institutions.

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The neighbourhood’s retail tapestry continues to evolve into something distinctly local and walkable. Just steps away, Woolworths Metro on Bourke Street ensures that everyday essentials are easily within reach.&nbsp;

For larger shopping trips, Spencer Outlet Centre on Spencer Street and QV Melbourne on the opposite side of the CBD broaden the offering with supermarkets, fashion, dining and specialty stores.

The lane-to-lane vibe unfolds beautifully in nearby arcades and alleys. Hardware Lane, with its European-style red-brick paving and alfresco dining, pulses with jazzy evenings and casual lunches.

A few minutes north, Howey Place and Centre Place offer leafy, boutique-lined lanes where hidden cafés and niche retailers congregate under historic glass-covered cloisters.

Completing this tapestry is the newly opened Mecca “beauty playground” on Bourke Street. Spanning 4,000 sqm over three levels, the flagship blends immersive retail within an art-deco heritage setting.

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This finely grained network of shops, eateries, arcades and service outlets defines the everyday lifestyle at 640 Bourke Street - further enriched by over 3,000 sqm of resident amenity including a Turkish-inspired pool, gym, co-working rooms and private cinemas.&nbsp;

Apartments are priced between&nbsp;$640,000 and $3.95 million. Off the plan stamp duty concessions available until October 2026. Prospective buyers can visit the on site display gallery which has&nbsp;fully built one, two, and three-bedroom apartments.

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640 Bourke Street: A heritage address at the heart of Melbourne

Lower North Shore development specialists&nbsp;<a href="https://www.apartments.com.au/developers/abadeen-group">Abadeen</a>&nbsp;has topped out its new local apartment development,&nbsp;<a href="https://www.apartments.com.au/new-apartments/northcote-collective-naremburn-2-6-northcote-street-naremburn-nsw-2065">Northcote Collective</a>.&nbsp;

Located in the tightly held suburb of <a href="https://www.apartments.com.au/developments/naremburn-nsw-2065">Naremburn</a>, Northcote Collective is a collection of just 58 one-, two-, and three-bedroom apartments designed by award-winning architects Rothelowman.&nbsp;

The building is just a five to 10 minute walk from the heart of Crows Nest and the new&nbsp;St Leonards and Crows Nest Metro stations. Abadeen has also brought doorstep convenience, with a ground-floor retail offering on Northcote Street.

Northcote Collective is being delivered by&nbsp;<a href="https://www.apartments.com.au/builders/decode">Decode</a> — an iCIRT-rated construction company well regarded in the new development industry.

[smartcode_project:default project_id=114189 project_image_fid=272840]

“This is an important and exciting moment for Northcote Collective, and we’re proud to celebrate this milestone with our partners, consultants, and future residents,” said Justin Brown, Executive Chairman and Founder of Abadeen.&nbsp;

“From the outset, our vision was to create something truly special for Naremburn — homes that respect the character of the neighbourhood while elevating the standard of Lower North Shore living. With connectivity to transport, retail on the doorstep and a true village lifestyle, this milestone also comes at a perfect time when buyer confidence is returning to the market. I am incredibly proud of our team and of Decode for their dedication in helping us bring this vision to life.”

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The development is two-tiered, with two rooftops for residents. The taller building has an impressive rooftop pool, a rare inclusion in the new Sydney apartment market. The level, with panoramic views, also includes an entertaining terrace with barbecue facilities.

Local downsizers and young professionals are showing the strongest interest in the development, with recent improvements in the property market — supported by three rate cuts in 2025 — boosting borrowing power and buyer confidence.

Auction activity across Sydney surged by almost 30 per cent in recent weeks, with clearance rates above 70 per cent — signalling a renewed wave of buyer demand.

Northcote Collective will welcome buyers in 2026.

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Abadeen tops out Northcote Collective in Naremburn

Sunshine Coast-based <a href="https://www.apartments.com.au/developers/devcon-property-group">Devcon Property Group</a> has acquired one of Maroochydore’s most prominent development sites for $12 million unlocking the potentialfor a mixed-use project in the Cotton Tree precinct.

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The 4,178 sqm site at 41–43 Aerodrome Road—well known locally as the former home to one of Australia’s last Sizzler restaurants—was sold via an off-market expressions of interest campaign by Colliers agents Nick Dowling and Baydn Dodds. More than 70 targeted buyer groups were approached, resulting in multiple competitive offers for the property.

Devcon Property Group Managing Director Michael Kain said the acquisition was a strategic move in line with the company’s focus on delivering high-quality projects in prime coastal locations.&nbsp;

“We’re excited about the possibilities this site, in one of the Sunshine Coast’s most iconic beachside &nbsp;communities, offers for a broad range of development outcomes,” Kain said.

“Its location, ocean view potential, and proximity to the Maroochydore CBD and beach make it an &nbsp;outstanding development prospect. Our plans are to refurbish the existing building and then review &nbsp;development options for the remainder of the site.”&nbsp;

<img alt="Aerodrome Rd site overlooking Beach (Large)" data-entity-type="file" data-entity-uuid="a29dc4ed-68c1-4bec-a4fc-283063dcde1e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Aerodrome%20Rd%20site%20overlooking%20Beach%20%28Large%29.jpg?VersionId=b0WxJWevmLoAfCP4YvGImZpR3rSCJJ9L" />

Colliers Special Projects Manager Baydn Dodds said the sale reflected the ongoing strength of the &nbsp;Sunshine Coast’s development site market, particularly for projects capable of achieving water views. &nbsp;

“Sites of this scale, in walkable beachside locations with ocean views, are tightly held and continue to attract significant interest from both local and national developers,” Baydn Dodds said. &nbsp;

“Holding a prominent position as the former home to one of Australia’s last Sizzler restaurants and more recently occupied by Rashays, the prime site is located just 150 metres from Maroochydore Beach.&nbsp;

“With stunning ocean view potential, located in one of the Sunshine Coast’s best known iconic &nbsp;beachside communities, within steps of shops, cafes and the beach it is no surprise that there was strong interest in the site. The transaction highlights the ongoing depth of demand for well-located &nbsp;mixed-use sites across the Sunshine Coast.”&nbsp;

Colliers Sunshine Coast Managing Director Nick Dowling said the transaction reinforced the &nbsp;Sunshine Coast’s status as one of Australia’s most active development markets.&nbsp;

“The combination of strong population growth, lifestyle appeal, and infrastructure investment is &nbsp;driving demand for quality development opportunities,” Nick Dowling said. &nbsp;

“The Sunshine Coast is one of only three markets nationally to record an increase in crane numbers, &nbsp;reflecting the strength of the region’s construction pipeline.&nbsp;

“Opportunities like this are rare and continue to generate strong buyer interest in the region.”&nbsp;

The Sunshine Coast development market is booming, with several high-profile developers like Cube Developments, Gardner Vaughan Group, and RCQ, planning developments in the region.

Devcon buys Sunshine Coast’s former Sizzler site for new apartment development

North Bondi

A boutique apartment building looks set to rise on one of North Bondi's most sought-after streets.

Plans have been filed for a four-storey apartment block at 181 Blair Street, with the small project to comprise just nine apartments.&nbsp;

The architects at Bureau SRH have designed the apartments, which will deliver a mix of layouts, with two studio apartments on offer, in addition to three one-bedroom, one two-bedroom and three three-bedroom apartments. A portion of the apartments will also be dedicated to affordable housing.&nbsp;

The top level of the building will be extensively recessed from the rest of the building, with the building mass presented as a two to three-storey building, with an articulated roof top form.&nbsp;

Apartments will face both the front and the rear of the site, with fixed privacy screens added to side windows to maintain privacy from the surrounding residences.&nbsp;

A majority of the apartments will achieve solar access, while each will benefit from cross flow ventilation.&nbsp;

The building will be divided into two parts, with the north-east section encompassing views to the Bondi Golf and Diggers Club, as well as Hugh Bamford Reserve and beyond, with the other section of the building oriented towards North Bondi.&nbsp;

The design concept for the proposal has grown simultaneously from the consideration of the surrounding natural landforms and future urban requirements, said the architects in their design statement.&nbsp;

Protruding balconies and the articulated roof form establish a significant street presence, while the rear balconies and planters establish a distant presence from the rear neighbours and provide another level of privacy protection.

A public domain will be curated across the ground floor space, with an open landscaped private space.&nbsp;

Future residents will benefit from being within close proximity to the bus stops on Military Road, with the closest stop just 30-metres from the site, servicing regularly to both Bondi Junction and the CBD.&nbsp;

Plans have been filed for a four-storey apartment block at 181 Blair Street, with the small project to comprise just nine apartments. 

alisonwarters@gmail.com

North Bondi's Blair Street set for new apartment development 

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Interior des­igner grandads Mitch Edwards and Mark Mc­Kie, who starred in The Block 2019, are trying again to flip their North Bondi project which didn’t find a buyer last year.
The duo paid $855,000 for the 80sqm, two-bedroom apartment in mid-2018, and then revamped the decor.
It’s now back up for sale with just a few further tweaks by the professional property flippers, who have made it a bit more beachy.
Theirs has been the only sale in the tightly held Hardy St block of 16 in the past five years.
Vicki Laing and Steven Bullock at Laing Real Estate have a guide of $900,000, which saw it attract strong interest from first-home buyers at its initial open for inspection yesterday.
“There were no investors,” Laing advised.
North Bondi currently has 13 apartments for sale. Its ­median unit prices over the past year has been $1,250,000, with investment apartments typically being rented for $688 a week, reflecting a 2.9 per cent rental yield.
Based on five years of sales, realestate.com.au calculates North Bondi has seen 6 per cent compound unit price growth.
The duo’s renovation in late 2018 saw them rip up the tired carpet to highlight its whitewash floorboards. There was also a new kitchen, with a wall knocked through so it is now part of the open plan living and dining area.
The apartment has been their home base before and after the television series.
Mitch and Mark brought controversy to The Block last year when they ended up finishing last among the contestant couples, albeit pocketing $384,000 when their terrace home sold for $3.374 million after the conversion of St Kilda’s Oslo Hotel.
Mitch and Mark, who had been backed as favourites ­before the Channel 9 series began given their extensive renovation history, lost out to Queensland newlyweds Tess and Luke Struber, who took home $730,000 after their ­terrace soared past its auction reserve.
The Sydney couple had pocketed $3.5 million in gains from their resales of properties over the prior 14 years, excluding $560,000 in stamp duties plus estate agent and conveyancing fees.
Their latest abode project was bought after the show finished last year when they paid $1.7 million for a four-bedroom 1970s home at Newport with an elevated position and views to the coast.
They recently interrupted their own project to assist Married At First Sight couple Cameron Merchant and wife Jules Robinson who needed a makeover after they spent $1,806,000 on a family home in Cromer.
This article first appeared in The Sunday Telegraph.
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The Block's Mitch and Mark relist North Bondi apartment

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Channel 7 Sunrise presenter Sam Armytage has sold her North Bondi home of the past six years.
It comes after the news of engagement to the equestrian businessman Richard Lavender.
The breakfast television presenter - who now works just four days a week - intends to downsize with plans to spend more time in her beloved Southern Highlands.
Marketed as laid back luxury with a breezy beach feel, the three bedroom home had $2.8 million hopes for its late July auction. It sold for around $3.2 million.
There's been no extensive renovation for the home that cost $2.15 million in 2014, just as the Sydney price-boom was kicking in to gear, although she's modernised the two level, freestanding house.
These days Armytage is preferring life away from Sydney with her fiancee, Lavender, who she began dating last year after meeting at a party in the Highlands.
Lavender has a 40 hectare farm at Berrima which cost $1.95 million in 2007.
Her own weekender cost $2.2 million in 2017, with local agents anticipating the weekender could be listed as they move into together.
Her North Bondi home has a number of alfresco living areas and a level landscaped garden, complete with a striking sandstone wall.
The ground level is dedicated to living and entertaining, with three bedroom upstairs where there are ocean views. 
 
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Channel 7 Sunrise presenter Sam Armytage sells North Bondi home for around $3.2 million

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Channel 7 Sunrise presenter Sam Armytage has listed her North Bondi home of the past six years.
It comes a week after the news of engagement to the equestrian businessman Richard Lavender.
The breakfast television presenter - who now works just four days a week - intends to downsize with plans to spend more time in her beloved Southern Highlands.
Marketed as laid back luxury with a breezy beach feel, the three bedroom home has $2.8 million hopes for its late July auction.
There's been no extensive renovation for the home that cost $2.15 million in 2014, just as the Sydney price-boom was kicking in to gear, although she's modernised the two level, freestanding house.
These days Armytage is preferring life away from Sydney with her fiancee, Lavender, who she began dating last year after meeting at a party in the Highlands.
Lavender has a 40 hectare farm at Berrima which cost $1.95 million in 2007.
Her own weekender cost $2.2 million in 2017, with local agents anticipating the weekender could be listed as they move into together.
Her North Bondi home has a number of alfresco living areas and a level landscaped garden, complete with a striking sandstone wall.
The ground level is dedicated to living and entertaining, with three bedroom upstairs where there are ocean views. 
The article was first published in the Saturday Daily Telegraph.
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Channel 7 Sunrise presenter Sam Armytage lists North Bondi home for $2.8 million

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A mixed-use North Bondi block on Campbell Parade has sold at auction for $25.4 million.
There were five registered bidders in the social distanced room as the hammer fell after a heated auction following a $15 million opening bid.
There were mixed pre-auction guides including $17 million while another report suggested it would be more like $20 million on its listing last month.
There were too many in the room for the auction to go ahead, so auctioneer Damien Cooley ushered anyone not registered to bid or family in to an adjoining room.
In the end it was two feuding brothers, who were part of the family who had owned the block for decades, who drove the price above $25 million.
Tony and Anna Tsakiros took the keys, with Tony's rep beating his brother Nio's.
Colliers International agents Matt Pontey and Miron Solomons secured the sale in conjunction with McGrath's Will Manning.
The block at <a href="https://www.realcommercial.com.au/sold/property-286-294a-campbell-parade-north-bondi-nsw-2026-503544382" target="_blank">286-294A Campbell Parade</a> comprises four ground floor retail outlets, leased to The Depot, Doughboy Pizza, Sage Beauty and grocery store Nio &amp; Tony's.
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Upstairs there are six apartments, four two bedders and two one bedders, with the net income of the commercial and residential tenancies yielding $687,891 per annum.
The 689 sqm site with a gross floor area of 1,004 sqm was offered as 100 per cent freehold interest.
"This calibre in a location such as this is unlikely to be seen again in our lifetime," the Colliers marketing advised.
 
 
 
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North Bondi mixed-use block sells for $25.4 million at auction

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Winners of The Block 2018 Hayden and Sara Vale have sold their North Bondi home for well above expectations.
The aparmtment went to auction in late February with with $1 million plus hopes and sold for $1.225 million.
It last sold for $975,000 in 2018.
The couple, who took out the top prize refurbishing an apartment at St Kilda’s former Gatwick Hotel, sold the property at <a href="https://www.realestate.com.au/sold/property-apartment-nsw-north+bondi-132812122" target="_blank">2/62 Blair Street</a>.
Located within walking distance of the beach the unit has been renovated by the couple.
Before the auction Ms Vale told Domain she and Hayden were more nervous about the upcoming auction than the one for The Block 2018.
They have plans to move down the caost to Stanwell park in northern Wollongong and are in the midst of building their "forever home."
It will be a 5-storey affair 500 metres from the beach.
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The Block 2018 winners sell North Bondi apartment

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A North Bondi residential development offering has fetched $5.825 million under the hammer in front of 50 people. 
There were eight registered bidders for 120 Hastings Parade. The freestanding house north facing sits on a 474sqm parcel with an extra wide street frontage.
<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/2019/11/8/north%20bondi%202.jpg" alt="">
 The property also has a development approval to create 2 x 3 storey semis.
The sale was through Ray White Double Bay agent Daryl Rosen.
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North Bondi beach house with developmental approval sold for $5.825 million

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Fremantle director of content Jennifer Collins, considered one of the most influential people in TV, has sold her rental apartment on Ben Buckler at North Bondi at an undisclosed price.
It was listed with a $1.5 million guide through Raine and Horne Double Bay agent Ric Serrao.
The two-bedroom unit, set on the clifftop on Brighton Boulevard, had been bought for $700,000 in 2013.
Its stainless steel kitchen has bi-fold doors that open directly out onto the common balcony in the boutique block.
This article was first published in the Saturday Daily Telegraph.
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TV director of content Jennifer Collins sells North Bondi apartment

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Afterpay co-founder Nicholas Molnar seems set to upgrade to the cliff-front at North Bondi.
There’s been a whisper-quiet $10 million sale, the highest price paid in the expensive suburb this year.
Molnar and wife, Gabrielle, who married in November 2015, have been residing in a smaller nearby North Bondi apartment that they bought together in 2013, a year before the buy-now, pay-later giant was founded.
The new penthouse acquisition was atop the recently completed triplex project by the Assouline family.
With ocean and beach views, the two level 210 sqm apartment with three car spaces is positioned on the coveted Ben Buckler peninsula.
In June Molnar (pictured) and fellow co-founder Anthony Eisen, who late last year spent $7.6 million in Byron, cashed out $100 million of shares.
Molnar, the 29-year-old former head of fintech Afterpay Touch, launched the firm on the ASX in 2017 at $2.95 per share. The shares are now trading at around $24.
Afterpay launched in the US just over a year ago, with Molnar now in the role of global chief revenue officer.
Afterpay has more than three million customers and over 20,000 retail merchants.
This article was first published in the Saturday Daily Telegraph.  
 
 
 
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Afterpay boss Nick Molnar spends $10 million in North Bondi

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Mitch Edwards and Mark McKie, who are being promoted as the ‘‘stylish grandads’’ on The Block’s upcoming series, are professional property flippers.
By my count these serial renovators have flipped 15 properties.
They have pocketed $3.5 million in gains over the past 13 years, excluding $560,000 in stamp duties, plus the estate agent and conveyancing fees.
And less whatever they spent on the renos.
They’re now seeking a buyer for <a href="http://www.laing.com.au/4715852/" target="_blank">their own North Bondi apartment</a> (above and below) which they’ve renovated since paying $855,000 last year. It has been listed by Tony Dowling and Vicki Laing at Laing Real Estate.
Their participation in the Channel 9 show has already been called into question by The Block’s diehard fan base who quickly recognised them from Channel 7’s renovation show Aussie Property Flippers.
Mitch, 56 and Mark, 57, were chosen from more than 45,000 entrants. Together 14 years, the couple have been flipping since they were a year into their relationship.
While they say that they have no practical building experience, and have never been “on the tools”, they are no strangers to the arduous parts of living through a renovation.
<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/2019/7/9/Mitch%20and%20Mark%20The%20Block%20Oslo.jpg" alt="">
Their flipping has mostly been done around Kings Cross with the Elan apartment building having seen some of their money-spinning successes.
In 2009 they paid $890,000 for a two-bedroom 20th-floor apartment which sold for $1.34 million just 18 months later. They sold a 24th-floor two-bedder for $1,875,000 in 2017 having paid $1.47 million two years earlier.
They made $300,000 on a Tamarama apartment in just nine months, buying for $780,000 and selling for $1,065,000 in late 2016 just before the boom ended.
The Fletcher St offering was back for sale at $965,000, but recently withdrawn through Tom Murray at LJ Hooker.
The Block returns for its 15th season next month with a transformation of the Oslo hostel into five homes in Melbourne’s St Kilda. The workload was double last year’s Gatwick and six times the original Block in Bondi in 2003.
This article was first published in the Sunday Telegraph.  
 
 
 
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