Abadeen has released the whole-floor penthouse crowning its recently completed <a href="https://www.apartments.com.au/buildings/park-residences-cremorne-2-sutherland-street-cremorne-nsw-2090">Park Residences</a> development in Cremorne, bringing the near-300 sqm residence to market for the first time.

Occupying the entire top floor of the boutique Lower North Shore development, the penthouse includes 221 sqm of internal living and a 74 sqm wraparound terrace, with a prized north-facing aspect taking in views across Middle Harbour.

The residence has been completed and fully furnished following a collaboration between Abadeen Executive Chairman Justin Brown and internationally recognised interior designer Jack Freeman, Founder and Managing Director of FREEMAN &amp; CO.

<a href="https://www.apartments.com.au/developers/abadeen">Abadeen</a> and Freeman approached the penthouse as a finished home, sourcing furniture, artwork, lighting and objects from Australia and overseas.

[smartcode_project:default project_id=114246 project_image_fid=378718]

Pieces from Parisian design house Pierre Augustin Rose sit alongside contemporary artworks and bespoke lighting, with Freeman drawing on recent visits to PAD Paris and Salone del Mobile Milano for the final collection.

Brown said the aim was to create a penthouse that felt more like a large-scale private home than a traditional apartment.

"The experience begins the moment the lift doors open. You're welcomed into an elegant dining room before the home opens into an extraordinary living space framed by sun-drenched harbour views.

"Every time someone walks through the front door they pause. It's not just the view, it's the incredible sense of space, the warmth created by the northern sunlight that fills the interiors, and the way every room connects so effortlessly.

"It has all the proportions of a luxury home, while delivering the effortless lifestyle and personalised experience of living in a world-class six-star hotel, combined with the simplicity and convenience of apartment living."

[smartcode_project:default project_id=114246 project_image_fid=378713]

A secure lift provides exclusive access to the penthouse level, opening to a dedicated arrival foyer and dining area before the residence expands into its main living and entertaining spaces.

Floor-to-ceiling glazing runs across the northern side of the home, connecting the interiors with the terrace and Middle Harbour outlook.

The penthouse also features a fireplace and substantial chef's kitchen, while the wraparound terrace has been designed to accommodate both everyday outdoor living and larger-scale entertaining.

[smartcode_project:default project_id=114246 project_image_fid=378720]

Freeman said the interiors had been deliberately kept restrained to complement the scale, natural light and outlook already established by the architecture.

"The penthouse is a serene study in quiet luxury," Freeman said.

"The interior pairs soft, sculptural forms with warm timber, pale stone and a restrained neutral palette. Curated artwork and metallic accents add depth, while abundant natural light creates a calm, effortlessly refined atmosphere. In my world, less is always more."

Freeman said the approach was centred around collecting individual pieces rather than simply decorating the apartment.

"Every material, every object and every piece of furniture has been curated with intention. I am a true believer in collecting versus decorating.

"The architecture already provided extraordinary natural light, remarkable volume and an uninterrupted connection to Middle Harbour. Our role was to complement those qualities with unique one-of-a-kind pieces of fine art and collectible design sourced from recent travels around the world."

[smartcode_project:default project_id=114246 project_image_fid=378694]

Among the collection are solid bronze sculptures by Lorenzo Quinn, alongside a curated crystalware collection and pieces sourced from international design fairs.

Park Residences sits opposite Cammeray Golf Club, Cammeray Croquet Club and Grand Slam Tennis Cammeray, around 300 metres from Neutral Bay Village and its established collection of restaurants, cafés and retail.

Brown said the combination of a whole-floor floorplan, northern aspect and proximity to Neutral Bay was becoming increasingly difficult to find on the Lower North Shore.

"Completed whole-floor penthouses with a sun-drenched north-facing aspect and sweeping Middle Harbour views are exceptionally rare," Brown said.

"Add a quiet position opposite golf, croquet and tennis facilities, a level walk to Neutral Bay Village and only minutes to the CBD, and you have a lifestyle that's incredibly difficult to replicate.

"This is a home that offers the privacy and generosity of a luxury residence together with the convenience of one of Sydney's best-connected harbourside locations."

The penthouse will be exclusively marketed by SRM Residential.

[smartcode_project_cta:default project_id=114246]

Joel Robinson

Abadeen unveils penthouse at Park Residences in Cremorne

New Brisbane developer Dalcott has unveiled Marrone, the first of three residential projects it is planning in and around Browning Street in South Brisbane.

<a href="https://www.apartments.com.au/new-apartments/marrone-south-brisbane-39-browning-street-south-brisbane-qld-4101">Marrone</a> will comprise 97 predominantly two- and three-bedroom apartments, with larger residences aimed squarely at the owner-occupier market.

The project will sit in a quiet pocket of South Brisbane between South Bank and West End, close to the restaurants, cultural attractions and riverfront amenity that have driven the suburb's continued transformation.

Dalcott is targeting buyers looking for more space and amenity than has traditionally been offered in the inner-city apartment market, particularly downsizers and professionals wanting to remain close to the city.

[smartcode_project:default project_id=149951 project_image_fid=377072]

Resident facilities will be concentrated around an extensive rooftop amenity offering, including a swimming pool, spa, infrared sauna, warm and cold magnesium plunge pools, private lounge, dining room and outdoor entertaining areas.

Dalcott Managing Director Lachlan Cottee said South Brisbane's combination of lifestyle, connectivity and established character had been central to the approach to Marrone.

“South Brisbane offers a combination of lifestyle, connectivity and character that’s difficult to replicate elsewhere in Brisbane,” Cottee said.

“Our focus has been on creating homes that feel connected to that environment while providing the level of design, functionality and quality that today's owner-occupiers expect.”

The residences will feature an expressive material palette. Italian Calacatta Viola marble, known for its deep burgundy veining, will be paired with aged brass tapware, Chestnut engineered timber flooring and Tuscan Oak joinery.

<img alt="Marrone" data-entity-type="file" data-entity-uuid="b8d833da-3b30-496a-ae30-07bdff371b50" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-25%20at%2010.52.35%E2%80%AFAM.png?VersionId=P6DAgOfaQzIXljKKK5j3e5NhWtrHIu9G" />

Bathrooms will feature Nara Japanese ceramics and glass bricks, while clay, walnut and brass lighting will be used throughout the apartments.

Dalcott has appointed Realm Projects, led by Managing Director Shane Foley, to handle sales and marketing following previous sold-out collaborations between the groups.

Foley said the Brisbane apartment buyer had become increasingly focused on the quality of the home itself rather than simply securing an inner-city address.

“We expect to see strong demand from buyers who still want all the advantages of inner-city living but aren’t prepared to compromise on the quality of their home,” Foley said.

“Many will be downsizers looking to leave behind the maintenance of a traditional family home without giving up the space they enjoy, while others are likely to be professionals wanting a residence that reflects the way they live today.”

“Marrone responds directly to that demand, with generous floorplans, exceptional resident amenity and a location that places some of Brisbane’s best dining, entertainment and cultural attractions within walking distance.”

<img alt="Marrone" data-entity-type="file" data-entity-uuid="61f7b22f-899e-4c0f-940a-7d3ab1bfb93a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-25%20at%2010.52.44%E2%80%AFAM.png?VersionId=PvN1JYxBgUpyCB7efKo52WGdSDs9nmim" />

Marrone will be the first project delivered as part of Dalcott's broader investment in the precinct.

It will be followed by La Terra, a boutique project comprising penthouse-style, single-level apartments on a northeast corner site with extensive resident amenity and city views.

Cottee said Marrone represented the first stage of the group's longer-term plans for the area.

Dalcott was established in 2025 by Lachlan Cottee and Ben Dalgliesh, combining development and construction capability under an integrated model and focusing on architecturally considered residential projects.

Marrone will initially be offered through a pre-release registration campaign ahead of its broader public launch.

Dalcott targets owner-occupiers with South Brisbane debut Marrone

Parnell Developments is the latest to seek significant uplift through the NSW Government's Housing Delivery Authority on a Strathfield site previously approved for a much smaller apartment development.

Parnell has sought approval for a 32-storey mixed use tower across&nbsp;<a href="https://www.apartments.com.au/new-apartments/7-lyons-street-strathfield-nsw-2135">3-7 Lyons Street and 18 Parnell Street</a>, a&nbsp;1,857 sqm site around 400 metres from Strathfield Station. The building would yield 160 apartments, 15 per cent of which will be dedicated affordable as per the government mandate for buildings seeking additional uplift.

Approved previously was a nine-storey building back in 2022 with just over 30 apartments. That approval came prior to the project being&nbsp;progressively reconsidered as planning policy shifted toward greater density around transport hubs.

<img alt="Strathfield" data-entity-type="file" data-entity-uuid="c5af5281-a643-4eb2-b8c4-0081b59c04c7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-25%20at%209.16.48%E2%80%AFAM.png?VersionId=37bd3mI7rHNpThOV_75VO8xsGFwWOi1u" />

Turner has designed the latest building that would replace&nbsp;existing detached homes across the four lots.

The apartment mix comprises 22 one-bedroom apartments, 107 two-bedroom and two-bedroom-plus configurations, and 31 apartments with three or more bedrooms. The scheme also includes 203 car spaces across six basement levels and 58 bicycle spaces.

The proposal has been designed around a three-storey podium addressing Lyons Street, with the tower rising above and stepping toward its upper levels.

Turner said the podium was deliberately scaled to respond to the existing street, while the taller element has been designed as part of the emerging skyline anticipated around Strathfield Town Centre and the wider Homebush transport-oriented development precinct.

The Lyons Street frontage would have a more active, pedestrian-focused character, incorporating the commercial tenancy, landscaping and a brick-framed podium with an awning.

<img alt="Strathfield" data-entity-type="file" data-entity-uuid="14b20874-b8c3-4ac7-bc03-92be9a69fb78" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-25%20at%209.17.48%E2%80%AFAM.png?VersionId=av.9TxtqIRTC6v3PkSuu1rL9rreWoe2h" />

Parnell Street, which faces the railway corridor, has been given a different architectural treatment, with double-height breeze blocks, landscaping and communal areas used to soften the interface with the rail infrastructure.

The tower itself uses curved and recessed facade elements, with wave-like indentations across the northern elevation breaking the building into three vertical forms.

A palette of grey concrete, brick and breeze blocks is complemented by clay and terracotta accents, while the upper tower adopts a lighter expression through articulated slab edges, vertical fins and recessed glazing.

Residents would have access to 467 sqm of communal open space spread across three levels. The ground floor would accommodate the more active resident areas, including barbecue and group gathering spaces and an internal communal room capable of being used for working from home.

A more passive viewing deck is proposed at level three, overlooking the ground-level landscaping and neighbouring tennis courts, while a rooftop "sunset deck" at level 30 would provide another social and relaxation space.

<img alt="Parnell" data-entity-type="file" data-entity-uuid="c3dce401-a80f-4682-8471-4caa01180880" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-25%20at%209.17.34%E2%80%AFAM.png?VersionId=Xyo8JVqbOhSJXNy6Ih.1cHL.O6i0bGR." />

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Strathfield has been earmarked for substantial change through the Strathfield Town Centre planning work and the nearby Homebush TOD precinct.

Turner's report says the project has been designed to act as a transition between the existing low and mid-rise development surrounding the site and the taller built form expected to emerge across the town centre.

The proposal is being assessed as State Significant Development under the HDA pathway, alongside the concurrent request to amend the Burwood Local Environmental Plan.

First look: New apartment tower pitched for Strathfield Town Centre precinct

An $18 million penthouse has hit the market in Main Beach as construction tops out on La Mer, the $155 million apartment development rising just metres from the beach.

Spanning around 600 sqm across the top two levels of the 29-storey tower on Main Beach Parade, the four-bedroom penthouse is one of the latest eight-figure residences to test the upper end of the Gold Coast apartment market.

Its launch comes amid continued activity at the very top of the market, following the $30 million off-the-plan sale of a Burleigh Heads penthouse earlier this year, which surpassed the Gold Coast's previous $24 million apartment record set in 2023.

The <a href="https://www.apartments.com.au/new-apartments/la-mer-main-beach-3580-main-beach-parade-main-beach-qld-4217">La Mer penthouse</a> has been designed as a private residence in the sky, with 360-degree views spanning the ocean, Broadwater, hinterland and Gold Coast skyline.

[smartcode_project:default project_id=95606 project_image_fid=378731]

All four bedrooms have ensuites, while the ocean-facing master retreat occupies around half of the upper level and includes its own lounge, private balcony, two walk-in wardrobes and an oversized ensuite with a freestanding stone bath positioned to take in the views.

The residence also features a kitchen designed to accommodate a private chef, a 3.6-metre island bench, expansive butler's pantry, wine cellar and integrated bar.

[smartcode_project:default project_id=95606 project_image_fid=378732]

A rooftop pool and substantial outdoor entertaining area with its own kitchen sit above the residence, while a grand staircase connects the two internal levels. The penthouse also has its own express lift.

OTP Group Director James Elliott, who is marketing La Mer, said the penthouse was expected to appeal to high-net-worth buyers seeking either a permanent Main Beach residence or Gold Coast holiday home.

“The La Mer penthouse represents exceptional value, considering its quality design, size, privacy and location, not to mention the 360-degree views capturing the beach and Gold Coast Broadwater,” Elliott said.

“We’re anticipating interest from high-net-worth individuals and couples seeking a residence or holiday home in the sought-after village enclave of Main Beach, taking advantage of the unprecedented growth underway in the area and neighbouring The Spit.”

[smartcode_project:default project_id=95606 project_image_fid=378736]

La Mer is being developed by developer-builder ODUS and Nazero, in partnership with funder Metrics Credit Partners.

ODUS Director Byron Sakha said topping out the tower had provided the opportunity to release the project's most significant residence.

“We’ve worked with internationally-recognised studio Sici Design on the penthouse interiors, with a focus on ensuring it isn’t luxury for luxury’s sake. Every element has been thoughtfully designed to enhance quality of life for those who call it home,” Sakha said.

“The views are the hero of virtually every space, but we’ve given equal attention to the fittings and finishes, so every detail exudes elegance and refinement.”

Sici Design Founder and Director Maria Papadopoulos said the extensive views became an integral part of the interior design rather than simply something the residence was designed around.

“The views weren't something we designed around, they became part of the design itself, with the true luxury of La Mer in its feeling of peace, calm and wellbeing,” Papadopoulos said.

“Luxury isn't defined by how something looks, but how it makes you feel, and we believe a luxurious home should be beautiful to live in, not stressful to maintain.”

The interiors combine Austral Dream Dolomite natural stone and travertine with timber flooring and a restrained coastal palette.

[smartcode_project:default project_id=95606 project_image_fid=378734]

Designed by Plus Studio, La Mer is one of the more boutique additions to the rapidly changing Main Beach apartment market.

The tower comprises just 24 full-floor, three-bedroom plus multipurpose room apartments below the two-level penthouse, giving the project a considerably lower density than many of the larger towers being developed across the Gold Coast.

Residents will have access to a pool and spa, gym, sauna, barbecue facilities, private sun lounges, yoga lawn and outdoor beach shower.

The penthouse has been released as part of the final collection of residences at La Mer, with remaining apartments priced from $4.3 million.

Construction is expected to complete later this year, with a fully furnished display apartment now open on level four.

[smartcode_project_cta:default project_id=95606]

ODUS releases $18 million penthouse crowning La Mer Main Beach

<a href="https://www.apartments.com.au/developers/far-east-consortium">Far East Consortium</a> is preparing to commence construction on <a href="https://www.apartments.com.au/new-apartments/640-bourke-street-melbourne-640-bourke-street-melbourne-vic-3000">640 Bourke Street</a> this October, marking the next milestone for the Melbourne CBD development and its higher-end Eliza Collection.

Spanning levels 44 to 68 of the 68-storey <a href="https://www.apartments.com.au/architects/rothelowman">Rothelowman</a>-designed tower, the Eliza Collection has been conceived as a lower-density offering within the broader development, with only five apartments on each floor, dedicated lift access and a collection of resident spaces reserved exclusively for Eliza Collection residents.

The Eliza Collection forms part of Far East Consortium's broader move toward larger-format residences at 640 Bourke Street, where the number of apartments was reduced from earlier plans as apartment sizes increased.

[smartcode_project:default project_id=509 project_image_fid=365685]

"What it's meant for 640 Bourke is we've actually reduced the number of apartments. We've increased the overall size of the apartments. We don't have any studios in here, and what that does for a project is it elevates it," Far East Consortium Director of Sales and Marketing Lauren Sheldon said.

Rothelowman Associate Jun Chang said the design process provided an opportunity to create more generous floorplans.

"We were given the opportunity to be more generous. The apartments became bigger and squarer than any other apartments which had been designed in the CBD before that."

[smartcode_project:default project_id=509 project_image_fid=368869]

That thinking carries through to the Eliza Collection, where the residences have been designed around the space and functionality associated with a larger home, but positioned high above the centre of Melbourne.

Kitchens are equipped with Gaggenau appliances, a butler's pantry, temperature-controlled wine cabinet and sculptural pendant lighting, while engineered timber flooring, stone and porcelain finishes and custom cabinetry feature throughout the broader interiors.

Privacy and security are another point of distinction. Eliza Collection residents have dedicated lift access, while 640 Bourke Street will provide concierge services and secure resident parking. Short-stay accommodation, including Airbnb, will not be permitted within the development.

[smartcode_project:default project_id=509 project_image_fid=365689]

Eliza Collection residents will also have exclusive access to selected amenity spaces across levels one and three of the restored Eliza Tinsley building. These include the Salon with grand piano, an art therapy room, private dining rooms and treatment rooms.

They sit within more than 3,000 sqm of amenity planned across 640 Bourke Street, alongside facilities including a pool, gym, whisky lounge and further social and wellness spaces.

The Eliza Tinsley building itself is central to the wider project's identity. Rather than treating the existing Eliza Tinsley façade as a separate element, Rothelowman used it as a starting point for the architecture of the new tower, with the historic building to accommodate the project's gallery and lobby.

"It's a significant asset and wants to be celebrated and experienced by all residents every single time they go in and out of the building," Rothelowman Principal Stuart Marsland said.

[smartcode_project:default project_id=509 project_image_fid=368872]

The tower will rise behind the retained heritage building at 640 Bourke Street, placing residents within walking distance of Southern Cross Station, Flagstaff Gardens, Queen Victoria Market and the Docklands waterfront.

With construction scheduled to begin in October, Far East Consortium has established an onsite display gallery at 640 Bourke Street, including fully built apartments that allow the project's layouts, materials and finishes to be inspected at full scale.

A fully built Eliza Collection apartment is also available to view at the display suite by appointment ahead of the planned October construction commencement.

Eligible purchasers who buy before construction commences can secure the full available off-the-plan stamp duty savings, subject to eligibility and applicable conditions.

[smartcode_project_cta:default project_id=509]

Far East Consortium brings Eliza Collection to 640 Bourke Street ahead of October construction start

North Bondi

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The former North Bondi home turned investment unit of the one-time NSW State of Origin half back Brett Finch sold mid-week.
It had been expected to fetch about $1.5 million.
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.
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>. 
The whole-floor unit with has views over Bondi was bought for $815,000 in 2004.
<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="">
It had been a rental with a $1100 a week asking rental late last year.
It features a wide west-facing terrace plus a designer kitchen, has no common walls, two bathrooms and a parking space. 
Over 14 seasons Finch played for the Canberra Raiders, Sydney Roosters, Parramatta Eels, Melbourne Storm and Wigan Warriors. 
<div>
This article first appeared in The Sunday Telegraph. </div>
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firstname1-iYD4UYzvBa

Brett Finch sells North Bondi home turned investment unit 

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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.
The Darlinghurst couple have spent $3,125,000 on a three-bedroom semi with study.
The home, which features a north facing courtyard with garden and plunge pool, was sold by Real Estate Redefined agent Elliott Wasserman.
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.
It was in 2010 when he co-founded group-buying site Spreets, which sold to Yahoo 7! for $40 million a year later.
He’s also a co-founder of Mad Paws, the pet boarding business.
Greenblo, a lawyer at Amazon, appeared briefly on The Bachelor in 2014.
This article first appeared in The Sunday Telegraph.
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Entrepreneur Justus Hammer and Aley Greenblo buy in North Bondi

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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.
The oceanfront offering, which sold Friday night before its first Saturday open for inspection, is an unfinished amalgamation of three top-floor apartments.
"They are a local family," Raine &amp; Horne's Ric Serrao advised.
The mystery record setting Ben Buckler headland buyer is intent on implementing the plans of society architect Nick Tobias.
The architectural plans will see the three adjacent apartments knocked through to create a three bedroom apartment spanning 345 sqm.
It will feature a gourmet kitchen, three bathrooms and an ocean fronting entertainers terrace with uninterrupted views over the beach and ocean.
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
Raine &amp; Horne Double Bay agent Ric Serrao had set an October 6 auction.
The unconfirmed price would easily top the $10.35 million oceanfront house sale by the philanthropist and eco start-up investor Tanya Carnegie.
It comes just weeks after bullish $29 million sale by James Packer on Campbell Parade.
The former David Jones boss has now cuts ties with Sydney, 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.
McInnes bought the first of the three apartments in 2007, spending $1.6 million.
He continued buying up taking his total outlay to $7.1 million.
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.
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.
This article was first published in the Sunday Telegraph.
 
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Retailer Mark McInnes secures $12 million North Bondi penthouse sale

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Former David Jones boss Mark McInnes is selling his dream North Bondi penthouse as he cuts ties with Sydney.
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.
McInnes bought the first of the three apartments in mid 2007, spending $1.6 million.
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.
The retail head has been based in Melbourne since 2010, heading Solomon Lew's Premier Investments.
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>
He has decided not to converted the apartments on the Ben Buckler Peninsula.
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.
<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="">
It will feature a gourmet kitchen, three bathrooms and an ocean fronting entertainers terrace with uninterrupted views over the beach and ocean.
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
Raine &amp; Horne Double Bay agents Ric Serrao and Udo Edlinger have set an October 6 auction.
It will be the last of McInnes's property in NSW.
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.
The couple wed in the Greek island of Mykonos in 2014, a few weeks after they actually married in a more private ceremony in Melbourne.
The couple celebrated his 50th and her 40th on the same holiday.
McInnes has listed at a buoyant time as James Packer recently sold on Campbell Parade for $29 million.
 
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Former David Jones boss Mark McInnes lists North Bondi penthouse

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A North Bondi apartment transformed by interior ­designer Darren Palmer, the longtime judge on Channel 9 series The Block, has ­returned to the market. 
<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>
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<div>
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<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. 
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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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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.
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.
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.
They plan to build their dream home on a 398-square-metre block, with Bondi Beach views.
Reflecting almost $19,000 per square metre, Starr said the sale sets a record for land-value property in Bondi.
It last sold for $3.15 million in 2006 and at $148,000 in pre-boom 1985.
With auction volumes slightly lower, the national preliminary clearance rate improved marginally, according to CoreLogic.
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.
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.
Across the two largest auction markets, Melbourne and Sydney, both saw an increase in the sales clearance.
Canberra recorded the highest clearance rate of 75.6 per cent, while only 44.9 per cent of homes sold across Brisbane.
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.
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. 
In Melbourne, Australia’s largest auction market, a preliminary auction clearance rate of 66 per cent was recorded across 1,652 auctions this week.
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.
<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="">
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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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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. 
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.
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.
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.
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.
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.
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.
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.
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.
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.
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. 
 
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j.ballantyne1990-6AQqhLzZaK

Bondi Beach panorama offering sees Sydney prices riding the wave 

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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.
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.
Hegyesi is not the daughter of the former first lady.
She is the daughter of the Sydney-based Evelin Hegyesi, a former Playboy magazine and bikini model of the 1960s and 1970s.
The North Bondi duplex has four bedrooms, two bathrooms and a large entertainers terrace.
<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=""> 
It cost Hegyesi $2.1 million in 2012.
Hegyesi's father Ferdinand Marcos died in exile in Hawaii in 1989.
Her half-brother Ferdinand Marcos jnr has returned to political life in the Philippines.
In 2004 there was a global search for the Marcos family's hidden US$13.5 billion fortune.
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Designer daughter of late Phillipines dictator sells in North Bondi

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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.
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.
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.
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.
Now they've decided to list the Ramsgate Avenue apartment.
Spanning a large 114 sqm, the first floor apartment has three bedrooms and one bathroom.
Raine &amp; Horne Double Bay agents Ric Serrao and Dion Markovics have a short marketing campaign with a September 19 auction looming.
<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="">
The long line of weekend inspectees were being told the price guidance was $1.85 million to $2 million.
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.
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.
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.
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.
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Channel Nine boss David Gyngell lists North Bondi apartment

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Downsizing former horse breeder Dean Fleming, heir to the Fleming's grocery fortune, has spent $3,025,000 on a North Bondi apartment.
The Ramsgate Avenue apartment was secured off-market by the Einfeld family after it had been a $1,450 rental last year.
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.
<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="">
It's the first time an apartment in the block has sold in a decade.
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.
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.
The article first appeared in the Saturday Telegraph.
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Former horse breeder Dean Fleming purchases North Bondi apartment

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A North Bondi retail and residential block is on the market to help fund a hotel development in Melbourne.
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.
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.
The property is up for auction Tuesday, 1 August 2017 at 10.30am AEST at AuctionWORKS, Mezzanine Level, 50 Margaret Street, Sydney.
 
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