<p>An entity directed by HSN's Rafi Assouline and Rebel Property's Allen Linz has filed plans for an impressive new precinct in Woolloomooloo.</p>

<p>The major mixed-use development would transform a prominent William Street site into a new residential village anchored by affordable housing and a large public park.</p>

<p>The proposal, submitted as a State Significant Development Application, covers 164-172 and 174-194 William Street, a 6,398 sqm site between Forbes Street and Dowling Street on the southern edge of Woolloomooloo.</p>

<p>Designed by fjcstudio in collaboration with Bangawarra, Studio Bright and Tribe Studio Architects, the scheme would deliver 227 apartments across four residential buildings ranging in height up to 18 storeys, alongside retail space, public domain improvements and a new publicly accessible park.</p>

<p><img alt="Rebel" data-entity-type="file" data-entity-uuid="0eb59b7c-914a-4a5c-b849-3a56749f5e93" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-12%20at%2011.18.51%E2%80%AFAM.png?VersionId=mxM6EEqeoLjrCiTlCzTKTvzpKuh6kSkH" /></p>

<p>It's another design scheme for Rebel, who took <a href="https://www.apartments.com.au/news/nsw/first-look-rebel-property-group-takes-woolloomooloo-precinct-to-nsw-government">concept plans to the NSW Gov late last year</a>.</p>

<p>The latest plans will be a mix of 167 build-to-sell apartments and 60 affordable apartments, with the affordable housing component representing 15 per cent of the project's gross floor area. The apartment mix includes 12 one-bedroom, 53 two-bedroom, 89 three-bedroom apartments and 13 penthouses, while the affordable housing component would comprise 42 one-bedroom and 18 two-bedroom apartments.</p>

<p><img alt="Rebel" data-entity-type="file" data-entity-uuid="3b3d4553-8a8c-4af5-aa8c-519ffb1e28c6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-12%20at%2011.20.12%E2%80%AFAM.png?VersionId=_Yb6ibN7eDnOtQjCNDK2eviORa4qzgv." /></p>

<p>Rebel Property is seeking to take advantage of the NSW Government's infill affordable housing bonus provisions under the Housing SEPP, which provide additional floor space and height in exchange for the delivery of affordable housing for a minimum of 15 years. The planning pathway allows a 30 per cent increase in floor space ratio and building height where 15 per cent of the development is dedicated to affordable housing.</p>

<p>&nbsp;</p>

<p>At the centre of the development is a 1,356 sqm sunlit public park designed to become a new community gathering space at the gateway to Woolloomooloo. The park would be complemented by a network of pedestrian laneways connecting William Street with the surrounding streets, improving permeability through what is currently a largely impermeable block.</p>

<p><img alt="Rebel" data-entity-type="file" data-entity-uuid="257af931-a393-4007-8c6d-7219796df58d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-12%20at%2011.20.51%E2%80%AFAM.png?VersionId=KAHy94GrhaReFsWTGDKfy39EDJ8gEEv4" /></p>

<p>The design team says the public domain has been heavily influenced by the site's topography and Aboriginal cultural heritage, drawing on the escarpments, gullies and landscape characteristics that historically defined the area before urbanisation. The landscape design has been developed in partnership with First Nations consultancy Bangawarra.</p>

<p>The project would be delivered across four separate buildings. The William Street East and William Street West buildings, designed by fjcstudio, would contain the majority of the apartments. Melbourne-based Studio Bright has designed the Forbes Street building, while Tribe Studio Architects is responsible for the Dowling Street building.</p>

<p>Rebel had secured approval for the concept plans late last year.</p>


Joel Robinson

First look: HSN, Rebel, advances Woolloomooloo precinct plans

<p>A locally heritage-listed furniture showroom on Water Street is set to become the centrepiece of a new mixed-use residential development as local developer&nbsp;<a href="https://www.apartments.com.au/developers/keylin-group">Keylin</a> seeks approval for <a href="https://www.apartments.com.au/new-apartments/lotus-on-water-street-290-water-street-fortitude-valley-qld-4006">Lotus on Water Street</a>, a 15-storey project on the Fortitude Valley side of Spring Hill.</p>

<p>The proposal spans 290 Water Street and 137-141 Warry Street, combining several properties into a 2,869 sqm site that sits between Fortitude Valley, Spring Hill and the rapidly evolving Victoria Park precinct. Keylin's plans would deliver 132 apartments alongside new retail, hospitality and commercial space, while retaining and repurposing the historic Brunswick Home Furnishers Showroom that fronts Water Street.</p>

<p>Designed by <a href="https://www.apartments.com.au/architects/jackson-teece">Jackson Teece</a>, Lotus on Water Street comprises a 12-storey residential tower rising above a three-storey podium and communal rooftop terrace. The development includes 76 apartments classified as multiple dwellings and a further 56 units proposed as short-term accommodation, designed to be flexibly used as either accommodation or permanent residences. The apartment mix comprises six one-bedroom, 54 two-bedroom and 16 three-bedroom homes.</p>

<p><img alt="First look: Keylin unveils heritage-led Lotus on Water Street tower in Fortitude Valley" data-entity-type="file" data-entity-uuid="9822bb79-6c49-49c9-95ba-319e8c8d81c3" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/fortitude%20valley%20front.png?VersionId=ioW8zbN4UVebbLetTFuv92t.HkdgfR5e" /></p>

<p>Residents would have access to an extensive rooftop recreation level spanning more than 1,200 sqm of communal open space. Plans include a pool, gym, sauna, infrared sauna, yoga area, library, private dining room, barbecue facilities and landscaped entertainment spaces, making the rooftop the project's largest shared amenity offering.</p>

<p>At street level, the proposal focuses on the adaptive reuse of the heritage buildings along Water Street, where 518 sqm of retail and commercial space is planned across shop, office and food and drink outlet uses. A permeable residential lobby would be positioned between the retained heritage buildings, creating a pedestrian connection between the historic streetscape and the new tower behind.</p>

<p><img alt="First look: Keylin unveils heritage-led Lotus on Water Street tower in Fortitude Valley" data-entity-type="file" data-entity-uuid="269cf3e0-7d13-48bf-a318-05a00deb5c10" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/fortitude%20valley%20podium.png?VersionId=DLXmTCLsp6GOcLpQ0h.0z7wKCw59EhN_" /></p>

<p>The heritage retention strategy is central to the scheme. The development application notes that the Brunswick Home Furnishers Showroom and adjoining heritage buildings will remain, with only non-significant structures on the site earmarked for removal under a previously issued Heritage Exemption Certificate. Levels one and two of the new podium are recessed behind the heritage façades to maintain their prominence within the streetscape.</p>

<p>Jackson Teece has drawn inspiration from the site's manufacturing history when designing the podium. The planning documents state that the façade incorporates perforated metal screening that references the woven and rattan furniture historically produced on the site. Cascading and climbing plants are integrated throughout the podium to soften the building's presentation and screen parking levels behind. The landscape strategy also informs the project's name, Lotus on Water Street, drawing on the historic Spring Hollow waterholes that once ran through Spring Hill and the blue water lilies associated with Meeanjin, Brisbane's traditional name.</p>

<p>The proposal also incorporates the neighbouring property at 141 Warry Street, currently occupied by a healthcare service. The existing building would remain, with nine dedicated parking spaces allocated within the new development to support its ongoing operation. In total, Lotus on Water Street proposes 117 car spaces, including 110 resident spaces and seven visitor bays, alongside 100 bicycle spaces.</p>

<p><img alt="First look: Keylin unveils heritage-led Lotus on Water Street tower in Fortitude Valley" data-entity-type="file" data-entity-uuid="70cf07bc-4fd8-4e70-92dd-be8b21c4e4f0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/fortitude%20valley%20site.png?VersionId=txlxrJImM0Sm_vTzHVKh5DDUkyL_CiiA" /></p>

<p>The site sits within the Spring Hill East Precinct of the Spring Hill Neighbourhood Plan and is positioned around 650 metres from both Fortitude Valley Station and Exhibition Station. It is also within walking distance of the King Street precinct, Royal Brisbane and Women's Hospital, Herston Quarter and Victoria Park, which is earmarked to become a major venue precinct ahead of the Brisbane 2032 Olympic and Paralympic Games.</p>

<p>Planning documents describe the location as a key gateway between Spring Hill and Fortitude Valley and highlight the area's increasing importance as new transport infrastructure and Olympic-related investment reshape Brisbane's inner north. The development team argues the project will contribute additional housing supply while activating a section of Water Street that has historically received less investment than other parts of the Valley.</p>

<p>Keylin has become increasingly active across Brisbane and southeast Queensland, assembling sites in strategic inner-city locations. They are currently selling and delivering <a href="https://www.apartments.com.au/new-apartments/oria-spring-hill-447-gregory-terrace-spring-hill-qld-4000">Oria Spring Hill</a>, just over 140 apartments due for completion in 2027.</p>


Keylin plans heritage-led Lotus on Water Street apartment development in Fortitude Valley

<p>Roseville is poised for a wave of new apartment development following the NSW Government's rezoning of land around Roseville Station under its Transport Oriented Development program.</p>

<p>The new planning controls have unlocked significant development potential within walking distance of the station, with a number of sites expected to be amalgamated and redeveloped in the coming years as developers seek to take advantage of the increased density allowances.</p>

<p>One of the more restrained developments in the precinct, and set among the first to be delivered having commenced well before the recent changes, is Hyecorp's Juliet. The boutique apartment project is already well under construction and remains on track to welcome residents by the end of the year, offering a markedly different proposition to many of the larger-scale developments now likely to emerge across the suburb.</p>

<p>[smartcode_project:default project_id=7395 project_image_fid=278194]</p>

<p><a href="https://www.apartments.com.au/new-apartments/juliet-roseville-64-pacific-highway-roseville-nsw-2069">Juliet</a> will comprise just&nbsp;34 one-, two-, and three-bedroom apartments opposite Roseville Station. For Hyecorp, which has delivered projects across Sydney's Lower North Shore for more than three decades, Roseville presented a rare opportunity to address a growing gap in the market.</p>

<p>"<a href="https://www.apartments.com.au/developments/roseville-nsw-2069">Roseville</a> has long been one of the North Shore's most tightly held and desirable suburbs, offering a unique combination of village charm, established greenery, excellent transport connections, and proximity to some of Sydney's best schools and lifestyle amenities," Hyecorp said.</p>

<p>"We recognised a growing demand from local homeowners seeking to downsize without leaving the community they have built their lives around. The location presented a rare opportunity to create homes that cater specifically to that buyer profile."</p>

<p>[smartcode_project:default project_id=7395 project_image_fid=278196]</p>

<p>The six-level development has been designed by <a href="https://www.apartments.com.au/architects/pbd-architects">PBD Architects</a> as a collection of residences that feel more like homes than apartments. The brief centred generous floorplans, abundant natural light, quality finishes, and strong connections to outdoor space.</p>

<p>PBD Architects drew inspiration from Roseville's established garden suburb character, creating a building that sits comfortably within its surroundings rather than dominating them. The architecture incorporates natural materials, soft forms, layered landscaping, expansive balconies, and generous setbacks to strengthen the connection between residents and the suburb's leafy environment.</p>

<p>"The focus was on designing spacious, house-like residences for discerning owner-occupiers and downsizers who wanted to remain on the North Shore without compromising on comfort, privacy, or design," PBD said.&nbsp;</p>

<p>"Every apartment was to feel considered, timeless, and highly functional."</p>

<p>[smartcode_project:default project_id=7395 project_image_fid=278195]</p>

<p>Inside, residences feature engineered timber flooring, stone kitchen benchtops and splashbacks, integrated Fisher &amp; Paykel appliances, ducted air conditioning, and large outdoor entertaining areas designed to take advantage of district and treetop views.</p>

<p>Residents will also have access to a rooftop barbecue and lounge area, alongside practical amenities including parcel lockers, EV charging capability, bicycle storage, a dog wash bay, and a basement car wash facility.</p>

<p>The majority of purchasers so far have been local owner-occupiers from Roseville, Lindfield, Chatswood, Killara, and the broader Upper North Shore, many of whom are transitioning from larger family homes.</p>

<p>"Buyers are looking for spacious, house-like apartments that allow them to downsize without feeling like they are sacrificing comfort or functionality," Hyecorp noted.</p>

<p>"They value large kitchens, generous living areas, ample storage, quality finishes, secure parking, lift access, and low-maintenance living."</p>

<p>[smartcode_project:default project_id=7395 project_image_fid=278204]</p>

<p>Juliet sits directly opposite Roseville Train Station and within walking distance of Roseville Village, while Chatswood's retail and dining precinct is only minutes away. The development is also surrounded by some of Sydney's most established schools, including Roseville College, Ravenswood, Pymble Ladies' College, and Knox Grammar, as well as nearby parklands and golf courses.</p>

<p>Juliet is currently more than 75 per cent sold ahead of its anticipated completion in late 2026.</p>

<p>[smartcode_project_cta:default project_id=7395]</p>


Juliet to sit quietly amid Roseville apartment boom

<p>Sherpa Property Group has unveiled the third instalment of its Flourish series, securing full approval for the two-tower, $500 million Flourish Soleira development in Palm Beach.</p>

<p><a href="https://www.apartments.com.au/new-apartments/flourish-soleira-1150-1154-gold-coast-highway-palm-beach-qld-4221">Flourish Soleira</a> will rise from a prominent site in the commercial heart of Palm Beach, the long-time home of Cash Converters and a range of local retailers.</p>

<p>The project will introduce a new retail and dining precinct at ground level, beneath 286 apartments.</p>

<p>[smartcode_project:default project_id=150017 project_image_fid=370959]</p>

<p>“We’re very committed to not only providing affordable residential offerings that are much needed in Palm Beach, but also delivering a vibrant new commercial heart that complements the extraordinary growth of the southern Gold Coast,” Sherpa Property Group founder Christie Leet said.</p>

<p>The development will sit under Sherpa's Flourish brand, which is aimed at providing a pathway into the beachside suburb for locals, first-home buyers and downsizers. In a move designed to assist first-home buyers entering the market, Sherpa has reserved all one and two-bedroom, one-bathroom apartments exclusively for eligible first-home buyers.</p>

<p>[smartcode_project:default project_id=150017 project_image_fid=370964]</p>

<p>“Our vision through Flourish is to create a vibrant retail and lifestyle focal point within the Palm Beach centre zone, delivering thriving communities underpinned by lifestyle-rich locations,” Leet said.</p>

<p>“So far, Flourish has been an incredible success, and we hope to carry this momentum as we progress the next two Flourish projects in Palm Beach.”</p>

<p>[smartcode_project:default project_id=150017 project_image_fid=371430]</p>

<p>Located across 1150-1164 Gold Coast Highway and 3 Sixth Avenue, the development will comprise two towers. The northern tower will deliver 154 apartments, while the southern tower will add a further 132 residences, helping address ongoing demand for new apartments in the tightly held coastal suburb.</p>

<p>Flourish Soleira will also feature the most extensive rooftop amenity offering ever delivered in Palm Beach.</p>

<p>The two towers will be connected by a skybridge, with residents gaining access to a rooftop recreation deck featuring a full-width swimming pool, hot and cold plunge pools, wellness spaces, a gymnasium, private dining facilities, massage treatment rooms, barbecue areas, a basketball court, golf simulator, indoor and outdoor dining spaces, sun lounges and extensive landscaping.</p>

<p>LPS Group is expected to start construction later this year.</p>

<p>Sherpa is already well advanced on construction of its debut Flourish project, Flourish Amargo, located just around the corner from Soleira. Meanwhile, Flourish Oasis, positioned opposite Amargo, recently commenced construction and has nearly sold out its collection of 47 apartments.</p>

<p>[smartcode_project_cta:default project_id=150017]</p>


Sherpa unveils $500m mixed-use Palm Beach precinct, Flourish Soleira

<p>Are mortgage holders set to get a reprieve from the RBA in 2026?</p>

<p>Big Four bank NAB believes so. They are now expecting the next move from the RBA to be a cut, rather than a hike, which they had pencilled in for August. They are unsure of the timing of the cut however, they note in their latest&nbsp;NAB Economics RBA Watch.</p>

<p>NAB Chief Economist, Dr Sally Auld, said recent data suggests the economy has lost momentum and the outlook for rates has shifted, noting that the broader economic backdrop has changed since earlier in the year.</p>

<p>“The next move in the cash rate is likely to be down, but the timing is uncertain," Dr Auld said.</p>

<p>"In February, growth was above trend, the economy was operating above capacity and there was uncertainty over the restrictiveness of rates. None of these conditions exist today,” she outlined.</p>

<p>Dr Auld said recent data pointed to softer momentum across the economy while acknowledging that at the same time, uncertainty remains a key feature of the outlook.</p>

<p>“Both Q1 GDP data and the NAB business survey suggest momentum in the economy has slowed, meaning that growth has likely peaked for the cycle. That said, we are cognisant there is still considerable uncertainty around the outlook, both with respect to activity and inflation.”</p>

<p>Dr Auld said inflation risks and labour market outcomes would be important to watch.</p>

<p>“On the prices side, we are still forecasting above target core inflation through to mid-2027. Margins will compress and weaker labour market outcomes are a risk.”</p>

<p>She said tighter financial conditions are expected to weigh on housing and activity.</p>

<p>“Tighter financial conditions will be reflected in a slowing in house price growth and housing credit growth. In summary, we have greater conviction that the next move in rates is down, but less conviction on the timing.”</p>


Mortgage relief? NAB forecasts RBA rate cut, not hike, after softer economic conditions

North Bondi

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<p>The former North Bondi home turned investment unit of the one-time NSW State of Origin half back Brett Finch sold mid-week.</p>
<p>It had been expected to fetch about $1.5 million.</p>
<p>Finch, who had a long career in the NRL, playing 330 total games in the league, and his wife Elli Johnston are not set to buy a family home.</p>
<p>The two-bedroom Military Road was listed through <a href="https://www.realestate.com.au/sold/property-apartment-nsw-north+bondi-130228222" target="_blank">Ric Serrao and Alex Lyons of Raine &amp; Horne</a>. </p>
<p>The whole-floor unit with has views over Bondi was bought for $815,000 in 2004.</p>
<p><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/2019/2/18/FINCH4.jpg" alt=""></p>
<p>It had been a rental with a $1100 a week asking rental late last year.</p>
<p>It features a wide west-facing terrace plus a designer kitchen, has no common walls, two bathrooms and a parking space. </p>
<p>Over 14 seasons Finch played for the Canberra Raiders, Sydney Roosters, Parramatta Eels, Melbourne Storm and Wigan Warriors. </p>
<div>
<em>This article first appeared in </em>The Sunday Telegraph. </div>
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firstname1-iYD4UYzvBa

Brett Finch sells North Bondi home turned investment unit 

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<p>Entrepreneur Justus Hammer and his wife, the fashion blogger and model Aley Greenblo, have bought in North Bondi just ahead of the arrival of their first child.</p>
<p>The Darlinghurst couple have spent $3,125,000 on a three-bedroom semi with study.</p>
<p>The home, which features a north facing courtyard with garden and plunge pool, was sold by Real Estate Redefined agent Elliott Wasserman.</p>
<p>Hammer founded the real estate start-up Sellable, an innovative company which pays vendors a guaranteed price for their home upfront, then assumes control of improvements and marketing.</p>
<p>It was in 2010 when he co-founded group-buying site Spreets, which sold to Yahoo 7! for $40 million a year later.</p>
<p>He’s also a co-founder of Mad Paws, the pet boarding business.</p>
<p>Greenblo, a lawyer at Amazon, appeared briefly on <em>The</em> <em>Bachelor</em> in 2014.</p>
<p><em>This article first appeared in </em>The Sunday Telegraph.</p>
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Entrepreneur Justus Hammer and Aley Greenblo buy in North Bondi

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<p class="m_7558574314952307004gmail-first-para">The snappy $12 million sale of the North Bondi penthouse of the Melbourne-based retail chief Mark McInnes has defied sceptics who thinks Sydney's property boom was over.</p>
<p class="m_7558574314952307004gmail-first-para">The oceanfront offering, which sold Friday night before its first Saturday open for inspection, is an unfinished amalgamation of three top-floor apartments.</p>
<p class="m_7558574314952307004gmail-first-para">"They are a local family," Raine &amp; Horne's Ric Serrao advised.</p>
<p class="m_7558574314952307004gmail-first-para">The mystery record setting Ben Buckler headland buyer is intent on implementing the plans of society architect Nick Tobias.</p>
<p>The architectural plans will see the three adjacent apartments knocked through to create a three bedroom apartment spanning 345 sqm.</p>
<p>It will feature a gourmet kitchen, three bathrooms and an ocean fronting entertainers terrace with uninterrupted views over the beach and ocean.</p>
<p>Tobias was the architect who designed the nearby home of Michael Darling, the scion of the establishment pastoral and mining family, on the rock shelf known as Mermaid Rocks</p>
<p>Raine &amp; Horne Double Bay agent Ric Serrao had set an October 6 auction.</p>
<p>The unconfirmed price would easily top the $10.35 million oceanfront house sale by the philanthropist and eco start-up investor Tanya Carnegie.</p>
<p>It comes just weeks after bullish $29 million sale by James Packer on Campbell Parade.</p>
<p>The former David Jones boss has now cuts ties with Sydney, having owned the three oceanfront Ramsgate Avenue apartments for over a decade.</p>
<p>McInnes secured approval for a two level, trophy penthouse, but never got around to undertaking the project.</p>
<p>McInnes bought the first of the three apartments in 2007, spending $1.6 million.</p>
<p>He continued buying up taking his total outlay to $7.1 million.</p>
<p>McInnes, who has been based in Melbourne since 2010 heading Solomon Lew's Premier Investments, and wife Lisa Kelly upgraded in Toorak last year spending $12 million.</p>
<p>It is the last of McInnes's property in NSW as last year he offloaded his Coalcliff weekender on the Illawarra beachfront for $3.35 million.</p>
<p>This article was first published in the Sunday Telegraph.</p>
<p> </p>
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Retailer Mark McInnes secures $12 million North Bondi penthouse sale

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<p>Former David Jones boss Mark McInnes is selling his dream North Bondi penthouse as he cuts ties with Sydney.</p>
<p>Having owned the three oceanfront Ramsgate Avenue apartments for over a decade, McInnes secured approval for a two level, trophy penthouse, but never got around to undertaking the project.</p>
<p>McInnes bought the first of the three apartments in mid 2007, spending $1.6 million.</p>
<p>He continued buying up the block later that year, spending another $4 million and $1.5 million, taking his total outlay to $7.1 million.</p>
<p>The retail head has been based in Melbourne since 2010, heading Solomon Lew's Premier Investments.</p>
<p>McInnes and wife Lisa Kelly upgraded in Toorak last year spending $12 million on a <a href="/news/premier-investments-chief-executive-mark-mcinnes-buys-back-into-toorak">Stephen Akehurst-designed family home.</a></p>
<p>He has decided not to converted the apartments on the Ben Buckler Peninsula.</p>
<p>The architectural plans by the award-winning Nick Tobias of Tobias Partners will see the three adjacent apartments knocked through to create a three bedroom apartment spanning 345 sqm.</p>
<p><img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/9/5/mcinnes8.jpg" alt=""></p>
<p>It will feature a gourmet kitchen, three bathrooms and an ocean fronting entertainers terrace with uninterrupted views over the beach and ocean.</p>
<p>Tobias was the architect who designed the nearby home of Michael Darling, the scion of the establishment pastoral and mining family, who'd spent $14 million on a five storey 1930s Art Deco apartment block back in 2011 and converted it into his luxury compound on the rock shelf known as Mermaid Rocks</p>
<p>Raine &amp; Horne Double Bay agents Ric Serrao and Udo Edlinger have set an October 6 auction.</p>
<p>It will be the last of McInnes's property in NSW.</p>
<p>Late last year he <a href="/news/retailer-mark-mcinnes-sells-coalcliff-weekender">offloaded his Coalcliff weekender</a> on the Illawarra beachfront for $3.35 million which he had bought for a record $2.5 million in 2007.</p>
<p>The couple wed in the Greek island of <span>Mykonos in 2014, a few weeks after they actually married in a more private ceremony in Melbourne.</span></p>
<p><span>The couple celebrated his 50th and her 40th on the same holiday.</span></p>
<p>McInnes has listed at a buoyant time as James Packer recently sold on Campbell Parade for $29 million.</p>
<p> </p>
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Former David Jones boss Mark McInnes lists North Bondi penthouse

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<div class="content rounded">
<p>A North Bondi apartment transformed by interior ­designer Darren Palmer, the longtime judge on Channel 9 series The Block, has ­returned to the market. </p>
<div>His design cache is still the major selling point, despite the three-bedroom, two-­bathroom apartment being offloaded by the celebrity ­designer and his husband, skincare connoisseur Olivier Duvillard, some five years ago.</div>
<div> </div>
<div>It was a flip for the couple, who had paid $732,500 in 2011 and went about renovating the old-fashioned unit.</div>
<div> </div>
<div>They made around $200,000 on the apartment on selling for $1,020,000 in 2013 to floral designer Chris Kerger.</div>
<div> </div>
<div>Since then apartment prices in the popular beachside ­locality have certainly blossomed.</div>
<div> </div>
<div>With no obvious changes in the latest listing photos from when it sold five years ago, the apartment now comes with ­expectations of $1.6 million following its first open for ­inspection yesterday.</div>
<div> </div>
<div>The three-bedroom median unit price is around $2.1 million, according to CoreLogic.</div>
<div> </div>
<div>Channelling Hamptons influences with an Australian coastal palette, the<a href="https://www.realestate.com.au/property-apartment-nsw-bondi+beach-127534270" target="_blank"> top-floor art deco apartment</a> sits 400m from the beach on Hastings Pde. </div>
<div> </div>
<div>
<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/2018/2/13/PALMER2.jpg" alt=""> </div>
<div> </div>
<div>There’s a Parisi-appointed travertine bathroom and ensuite, as well as a sleek Corian gas kitchen in the 95sqm space.</div>
<div> </div>
<div>It is scheduled for a March 6 auction, and 1st City Double Bay listing agent Sean Jacobson is again marketing the property.</div>
<div> </div>
<div>“Why would you want to change anything done by Darren,” Jacobson says.</div>
<div> </div>
<div><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/2018/2/13/PALMER3.jpg" alt=""></div>
<div> </div>
<div>Palmer and Duvillard sold the North Bondi apartment to move to Edgecliff, where they did up a 1920s three-bedroom home.</div>
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<div>The couple then headed back to Bondi two years later, paying $2.98 million for a classic Californian bungalow on 475sqm.</div>
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<div>Palmer has kept a minimal approach throughout their current home, with lots of white and exposed brick walls.</div>
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<div>The five-bedroom, four-bathroom house is also home to their four dogs — Brutus, Razzy, Rule and Pips.</div>
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<div>Palmer grew up in Gladstone, six hours north of Brisbane, moving at the age of 17 to Rockhampton to study fine art and design.<span style="font-family: Arial, Helvetica, sans-serif; font-size: 14px;"><br></span>
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<div>This article was first published in the Sunday Telegraph.</div>
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jonathanchancellor-7SQnKwU6yx

Darren Palmer transformed Bondi apartment for sale

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<p>It was a humble beachside cottage that showed Sydney's stellar price potential. Although it's weekend auction outcome came from a Melbourne buyer keen for its Bondi Beach panorama.</p>
<p>Three bidders competed for the 1920s home on the Ben Buckler headland at North Bondi (above). Bidding opened at $6.1 million for the three-bedroom home at <a href="https://www.realestate.com.au/sold/property-house-nsw-north+bondi-126902458" target="_blank">159 Hastings Parade</a> and went up mostly in $200,000, $150,000, $100,000 and $50,000 jumps until the hammer fell at $7.55 million.</p>
<p>It sold to a family relocating from Melbourne, through Peter Starr of McGrath Group who had a price guide of $6.1 million to $6.6 million.</p>
<p>They plan to build their dream home on a 398-square-metre block, with Bondi Beach views.</p>
<p>Reflecting almost $19,000 per square metre, Starr said the sale sets a record for land-value property in Bondi.</p>
<p>It last sold for $3.15 million in 2006 and at $148,000 in pre-boom 1985.</p>
<p>With auction volumes slightly lower, the national preliminary clearance rate improved marginally, according to CoreLogic.</p>
<p>There were 3,276 auctions held across the capital cities, returning a 63.5 per cent success rate, up on last weekend’s final auction clearance rate of 61.1 per cent when it was the third busiest week so far this year with 3,438 offerings.</p>
<p>Over the same week last year, auction volumes were similar at 3,207, although the clearance rate was considerably higher at 72.3 per cent, Kevin Brogan, the CoreLogic auction analyst noted.</p>
<p>Across the two largest auction markets, Melbourne and Sydney, both saw an increase in the sales clearance.</p>
<p>Canberra recorded the highest clearance rate of 75.6 per cent, while only 44.9 per cent of homes sold across Brisbane.</p>
<p>Across Canberra 105 auctions were held, compared to 128 last weekend. Canberra’s clearance rate was well up on the previous weekend's 61.7 per cent.</p>
<p>Brisbane’s preliminary clearance rate was 44.9 per cent, down from 52.1 per cent last week. There were 191 Brisbane auctions this weekend, compared to 153 last weekend. </p>
<p>In Melbourne, Australia’s largest auction market, a preliminary auction clearance rate of 66 per cent was recorded across 1,652 auctions this week.</p>
<p>The wet results included retired Carlton star Andrew Walker’s house <a href="https://www.realestate.com.au/property-house-vic-preston-126884130" target="_blank">at 28 May Street Preston</a> (below) which sold through Hocking Stuart at $1.74 million, well above the $1.3 millions to $1.4 million price guidance.</p>
<p><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/2017/12/4/Preston1.jpg" alt=""></p>
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<div class="x_image-wrapper">Walker, who played 202 games for the Blues, bought the California bungalow in 2011 with wife Kylie.</div>
<div class="x_image-wrapper">They are moving back to Walker’s hometown of Echuca, which saw high weekend rainfall.</div>
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<p>Last week, Melbourne’s final clearance rate was recorded at 65.5 per cent across 1,736 auctions, making it the lowest clearance rate the city has seen since June 2016. While one year ago, 1,416 homes were taken to auction across Melbourne and a clearance rate of 77.3 per cent was recorded. </p>
<p>Melbourne's auction clearance rate was "likely to revise lower as final results are collected and potentially surpass last week as the lowest seen since June 2016," Kevin Brogan tipped.</p>
<p>A Caulfield North apartment was Melbourne's cheapest at $280,000. The <a href="https://www.realestate.com.au/property-apartment-vic-caulfield+north-126880566" target="_blank" rel="noopener noreferrer">12/113 Eskdale Road</a> offering had been marketed with a $270,000 to $290,000 price guidance. Last traded in 2001 at $225,000, it was most recently a $300 a week rental.</p>
<p>Melbourne's top sale was in Toorak where <a href="https://www.realestate.com.au/sold/property-house-vic-toorak-126885042" target="_blank" rel="noopener noreferrer">7 Springfield Avenue</a> fetched $4.6 million. The four bedroom 2008-built Wendy Nettle-designed home last sold in May 2014 at $3.53 million.</p>
<p>Sales included a pre-auction deal on <a href="https://www.realestate.com.au/sold/property-house-vic-brighton-126914706" target="_blank" rel="noopener noreferrer">a Dendy Street, Brighton</a> bathing box. It sold for a record price, likely more than $330,000 through Marshall White agent Barb Gregory. The record was $326,000.</p>
<p>Figures from the Real Estate Institute of Victoria suggest about 4300 homes will be sent under the hammer this month, which would top last year’s record 3877.</p>
<p>Across Sydney, 1,126 auctions were held this week, down from 1,215 over the previous week. The preliminary clearance rate of 62.4 per cent is up from 56.8 per cent last week, however still lower than this time last year, when a clearance rate of 75.2 per cent was recorded across 1,182 auctions.</p>
<p>Looking at the sub-regions of Sydney, the Ryde region recorded the strongest clearance rate of 73.9 per cent across 75 auctions. Ryde sales included a six bedroom home at <a href="https://www.realestate.com.au/property-house-nsw-ryde-126911222" target="_blank" rel="noopener noreferrer">3 Burke Street</a> which fetched $2.15 million.</p>
<p>This week, Adelaide saw a preliminary clearance rate of 64.6 per cent, with 99 reported results across a total of 141 scheduled auctions. In comparison, over the previous week Adelaide’s clearance rate was 63.4 per cent and 65.3 per cent one year ago.</p>
<p>Adelaide had the nation's cheapest sale when $220,000 was paid in Aldinga Beach. It was a mortgagee sale of a three bedroom house at <a href="https://www.realestate.com.au/property-house-sa-aldinga+beach-126907886" target="_blank" rel="noopener noreferrer">43 Butterworth Rd, Aldinga Beach</a>. It last traded at $157,500 in 2008.</p>
<p>Perth’s clearance rate of 47.6 per cent across 50 auctions was up from the previous week, when 43 auctions were held and a clearance rate of 33.3 per cent was recorded. </p>
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Bondi Beach panorama offering sees Sydney prices riding the wave 

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<p>Interior designer Analisa Hegyesi, who is the daughter of the late Philippine dictator Ferdinand Marcos, has sold her North Bondi duplex before its scheduled auction.</p>
<p>The <a href="http://www.raineandhorne.com.au/doublebaybondibeach/properties/1-142-brighton-boulevard-north-bondi-2026-new-south-wales-a487b41a-f807-4a60-a717-1147ac39c13f" target="_blank">Brighton Boulevard home</a> had $3.8 million hopes through Raine &amp; Horne, who have not indicated its sale price.</p>
<p>Hegyesi is not the daughter of the former first lady.</p>
<p>She is the daughter of the Sydney-based Evelin Hegyesi, a former Playboy magazine and bikini model of the 1960s and 1970s.</p>
<p>The North Bondi duplex has four bedrooms, two bathrooms and a large entertainers terrace.</p>
<p><span style="font-size: 12.16px;"><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/2017/11/27/Hegyasi.jpg" alt=""> </span></p>
<p>It cost Hegyesi $2.1 million in 2012.</p>
<p>Hegyesi's father Ferdinand Marcos died in exile in Hawaii in 1989.</p>
<p>Her half-brother Ferdinand Marcos jnr has returned to political life in the Philippines.</p>
<p>In 2004 there was a global search for the Marcos family's hidden US$13.5 billion fortune.</p>
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Designer daughter of late Phillipines dictator sells in North Bondi

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<p>They've only owned in Bondi for three months, but former Channel Nine boss David Gyngell and his TV presenter wife Leila McKinnon are already jumping ship.</p>
<p>The Dover Heights based couple listed the <a href="https://www.realestate.com.au/property-apartment-nsw-north+bondi-126318850" target="_blank">apartment</a> they bought for $1,675,000, having completed a full renovation of the unit they settled on in May.</p>
<p>It was expected to be an investment for the couple who had Gyngell's sister and interior stylist Briony Fitzgerald undertake the renovation and styling.</p>
<p>They put the apartment up for lease in July at $1,700 a week. It proved too ambitious and was dropped to $1,500 a week by the end of last month.</p>
<p>Now they've decided to list the Ramsgate Avenue apartment.</p>
<p>Spanning a large 114 sqm, the first floor apartment has three bedrooms and one bathroom.</p>
<p>Raine &amp; Horne Double Bay agents Ric Serrao and Dion Markovics have a short marketing campaign with a September 19 auction looming.</p>
<p><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/2017/09/04/5_2%20Ramsgate%20Avenue-2.jpg" alt=""></p>
<p>The long line of weekend inspectees were being told the price guidance was $1.85 million to $2 million.</p>
<p>The couple, who married at Byron Bay in 2006, spend much of their time too in the Byron Bay district where they have substantial property investments.</p>
<p>Gyngell, the son of the late former Channel Nine boss, Bruce Gyngell and interior designer mother, Ann, had business links to Bondi going back to the late 1980s when he was selling beachwear and surfing equipment.</p>
<p>Late last month it was reported Gyngell pulled out of a proposed $12 million injection of his personal funds into a bid for the Ten Network.</p>
<p>It was believed Nine Entertainment chairman Peter Costello and chief executive Hugh Marks told Gyngell he would have to step down from the Nine board should he go through with the proposal.</p>
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Channel Nine boss David Gyngell lists North Bondi apartment

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<p>Downsizing former horse breeder Dean Fleming, heir to the Fleming's grocery fortune, has spent $3,025,000 on a North Bondi apartment.</p>
<p>The Ramsgate Avenue apartment was secured off-market by the Einfeld family after it had been a $1,450 rental last year.</p>
<p>Comprising two bedrooms and one bathroom, the renovated apartment in a boutique block of just eight offers view of the entire Bondi bay from its outdoor terrace.</p>
<p><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/2017/06/30/7_134%20Ramsgate%20Avenue-2.jpg" alt=""></p>
<p>It's the first time an apartment in the block has sold in a decade.</p>
<p>Fleming had been North Bondi based for five years having sold a six bedroom Clyde Street home after renovating in 2011 for $3.82 million.</p>
<p>Dean Fleming is the son of former model Lois and the late Jim Fleming, and has spent the majority of his working life in retail and horse racing.</p>
<p>The article first appeared in the Saturday Telegraph.</p>
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Former horse breeder Dean Fleming purchases North Bondi apartment

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<p>A North Bondi retail and residential block is on the market to help fund a hotel development in Melbourne.</p>
<p>The property, 50 Blair St North Bondi, is owned by Melbourne’s coffee king Salvatore Malatesta and is on the market through CBRE agents Gemma Isgro, Michael Khouri and Nicholas Heaton.</p>
<p>The property features four one bedroom apartments, two car spaces, a retail tenant on a five year lease with options until 2031 and a net passing income of $148,428.64 per annum.</p>
<p>The property is up for auction Tuesday, 1 August 2017 at 10.30am AEST at AuctionWORKS, Mezzanine Level, 50 Margaret Street, Sydney.</p>
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