Brisbane developer Red &amp; Co's decision to include dual key apartments in its debut Gold Coast apartment development, <a href="https://www.apartments.com.au/new-apartments/como-varsity-lakes-22-lake-street-varsity-lakes-qld-4227">COMO Varsity Lakes</a>, is proving to be one of the project's biggest drawcards, with buyers quickly snapping up the flexible residences.

More than half of the project's 36 dual key apartments have already sold, helping drive COMO beyond the 50 per cent sold mark within the first month of launch.

The strong response highlights growing demand for apartment designs that can adapt to changing lifestyles, with buyers increasingly looking for homes that accommodate multi-generational living, provide rental income opportunities or simply offer greater flexibility over time.

Located on the shores of Lake Orr, COMO will deliver 156 apartments across 16 levels, with the dual-key residences forming a limited release within the broader development.

Each combines a primary two-bedroom apartment with a fully self-contained studio on a single title, connected by a shared foyer and lockable internal door. The design allows owners to house ageing parents, adult children or guests while maintaining privacy, or lease the secondary residence to generate additional income.

Just 17 of the original 36 dual key apartments remain available.

[smartcode_project:default project_id=135546 project_image_fid=367096]

The innovative configuration combines two fully self-contained residences on a single title, typically comprising a primary two-bedroom apartment alongside a separate studio residence, connected via a shared foyer and lockable internal door.&nbsp;

The model is proving particularly attractive to owner occupiers navigating changing family dynamics and the realities of the current housing crisis.&nbsp;

[smartcode_project:default project_id=135546 project_image_fid=363511]

<a href="https://www.apartments.com.au/project-marketer/npa">NPA</a>&nbsp;CEO Andrew Erwin said dual key living was resonating strongly with modern buyers because it delivered both financial flexibility and practical lifestyle benefits.&nbsp;

“The housing crisis and rising cost of living are fundamentally changing how Australians think about home ownership,” Erwin said.&nbsp;

“Dual key apartments provide a genuine solution for families who want to stay connected while maintaining independence. Parents can help adult children save for a future home, ageing parents can remain nearby without moving into aged care, and owners still retain privacy and flexibility.

“Importantly, buyers are also recognising the financial advantages. It creates the opportunity to generate additional income from part of the home without the holding costs associated with owning a separate investment property.”&nbsp;

[smartcode_project:default project_id=135546 project_image_fid=363509]

Unlike traditional dual occupancy arrangements, the residences operate under a single title, meaning owners only incur one set of body corporate fees, council rates and holding costs.&nbsp;

The secondary residence can also evolve over time - functioning as guest accommodation, a home office, creative studio or private retreat before later becoming an income-producing asset.

<a href="https://www.apartments.com.au/developers/red-co">Red &amp; Co</a>&nbsp;Director and Co-Founder David Laverty said the strong early sales reflected growing buyer urgency and changing priorities within the market.&nbsp;

“Securing more than half of COMO’s residences within such a short timeframe is an outstanding result and a clear endorsement of both the design and location,” Laverty said.&nbsp;

“Buyers are responding to the combination of location, connectivity and amenity, but ultimately it’s value relative to other East Coast markets that is driving enquiry.”&nbsp;

“We’re also seeing strong interest from owner occupiers looking for homes that can adapt with them over time. Flexibility has become one of the most important considerations for buyers in today’s market.”&nbsp;

[smartcode_project:default project_id=135546 project_image_fid=363515]

Designed by <a href="https://www.apartments.com.au/architects/bda-architecture">BDA Architecture</a>, COMO features a mix of one-, two- and three-bedroom residences with 2.7-metre ceilings and larger-format floorplans aimed at owner occupiers, downsizers and lifestyle-focused buyers.&nbsp;

The development will feature an extensive rooftop recreation and wellness offering including a 25-metre lap pool, sundeck, barbecue and dining areas, gym, sauna, plunge baths, landscaped gardens, wellness spaces and rooftop pickleball and paddleball courts.

The remaining dual key apartments range from 137 sqm to 167 sqm and include generous three-bedroom layouts with separate self-contained studio accommodation and dual parking.&nbsp;

Erwin said the dual key concept represented a broader shift in how Australians would live in the future.

“People want homes that can evolve with their lives,” he said.&nbsp;

“A dual key apartment can suit a family today, support an ageing parent tomorrow, and potentially generate income later on. That adaptability is becoming incredibly valuable in the current environment.”

Prices currently range from $2,115,750 to $2,583,000.&nbsp;

[smartcode_project_cta:default project_id=135546]

Joel Robinson

Inter-generational living drives demand for COMO’s dual key apartments as housing pressures reshape buyer priorities 

Builder-developer&nbsp;<a href="https://www.apartments.com.au/developers/ceerose">Ceerose</a> has doubled down on its Leichhardt ambitions, lodging its second State Significant Development Application (SSDA) in the suburb in the last six months.

Their newest proposal seeks to transform a former industrial precinct into a new residential community centred around the adaptive reuse of one of the site's heritage warehouse buildings.

The new project, on a 6,930 sqm block at&nbsp;<a href="https://www.apartments.com.au/new-apartments/40-76-william-street-leichhardt-nsw-2040">40–76 William Street</a>, will bring more than 200 apartments to a suburb that has seen little to no new supply in recent years. It follows Ceerose's late 2025 SSDA for a mixed-use apartment project on nearby Parramatta Road, signalling the developer's growing investment in Sydney's Inner West.

Designed by <a href="https://www.apartments.com.au/architects/woods-bagot">Woods Bagot</a>, the redevelopment would involve the demolition of four existing industrial buildings while retaining and adaptively reusing the site's most significant warehouse. The retained structure would anchor a new residential precinct comprising five interconnected buildings arranged around a large central landscaped courtyard, with heights stepping from five storeys along the surrounding residential streets to 11 storeys at the William Street corner.

<img alt="First look: Ceerose returns to Leichhardt with 203-apartment adaptive reuse proposal at former warehouse site" data-entity-type="file" data-entity-uuid="7258c54c-8167-479e-8361-2d5fca9915b4" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Appendix%2010B%20-%20CGI%20-%20View%202.jpg?VersionId=S9DQfxu_jpcB5LrAEYFUbyMzg5odW6i5" />

According to the Architecture Design Report by Woods Bagot, the proposal "seeks to create a residential village centred around a generous green heart while celebrating the site's industrial heritage through the adaptive reuse of the existing warehouse building."

The development would comprise 203 apartments, with 188 proposed as build-to-sell residences, alongside 15 affordable housing apartments.

Rather than treating the retained warehouse as a standalone heritage object, Woods Bagot has sought to weave the site's industrial history throughout the masterplan. The proposal retains the north and west facades of the landmark corner warehouse, while new buildings reinterpret the site's brick-and-steel industrial language through their material palette and architectural expression.

<img alt="First look: Ceerose returns to Leichhardt with 203-apartment adaptive reuse proposal at former warehouse site" data-entity-type="file" data-entity-uuid="9e8c64c2-881b-49e1-8c90-6b6acaaa45b6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Appendix%2010C%20-%20CGI%20-%20View%203.jpg?VersionId=Qm8_8H_Xrg_sc4Mdjc59vlAcKF_5wRTb" />

The design is organised around what Woods Bagot describes as a "green heart", a landscaped communal open space that reinstates the leafy character removed when the site became an industrial storage facility. A new pedestrian laneway running through the site would improve permeability between William, North and Francis streets, linking residents through landscaped public spaces while activating the ground plane.

Residents would have access to communal gardens, rooftop open space and shared recreation areas distributed throughout the development. Sustainability has also been prioritised, with the project targeting an average 7.9-star NatHERS rating. Proposed initiatives include rooftop solar generation, rainwater harvesting, passive solar design, naturally ventilated lobbies, extensive cross-ventilation and the reuse of existing building fabric to reduce embodied carbon.

The adaptive reuse strategy became a defining feature of the application after heritage investigations found only one of the site's industrial buildings could feasibly be retained. The Heritage Impact Statement concludes that preserving the key warehouse façades while referencing the site's industrial character throughout the new development provides an appropriate balance between renewal and conservation.

<img alt="First look: Ceerose returns to Leichhardt with 203-apartment adaptive reuse proposal at former warehouse site" data-entity-type="file" data-entity-uuid="efffafdb-594f-4e2b-a067-921fd51c05e1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Appendix%2010D%20-%20CGI%20-%20View%204.jpg?VersionId=DPmE4.k16YRt0i27hEZVtJAffarpvUfx" />

"Retention and adaptation of the site buildings has been explored but found not to be feasible except for the tallest building, whose street facades will be retained," the heritage report states.

"The proposed building will interpret the brick and steel character of the subject site, including reuse of some components and construction of a large 'sawtooth' structure in the proposed open space."

<img alt="First look: Ceerose returns to Leichhardt with 203-apartment adaptive reuse proposal at former warehouse site" data-entity-type="file" data-entity-uuid="3bfef2b5-83f5-40cd-9cab-767092f34266" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Appendix%2010E%20-%20CGI%20-%20View%205.jpg?VersionId=7asb3i_ql4ybbuJOUb5UHBEIy0Q9t.DF" />

The William Street site is located around 300 metres from Leichhardt North Light Rail station and a short walk to Norton Street's retail, dining and hospitality precinct. The surrounding area has increasingly become a focus for urban renewal given its proximity to public transport and the Parramatta Road corridor.

Ceerose, founded by Edward Doueihi in 1998, has become one of Sydney's more active apartment developers, with completed projects including The Alex Collective in Alexandria, Abbie's Lane in Annandale, and the award-winning Munro House in Elizabeth Bay. They are currently delivering Belgravia, 17 luxury apartments in Potts Point.

First look: Ceerose doubles down in Leichhardt with adaptive reuse of former warehouse site

Melbourne developer Spacious Group has completed Voyage Altona, one of the closest new apartment developments to Altona Beach.

Off the plan purchasers have started moving into the 49-apartment project on Pier Street, with the remaining move-in-ready one-, two- and three-bedroom apartments starting from just over $500,000.

Display apartments have now been fitted out, allowing prospective buyers to inspect the completed residences by appointment.

[smartcode_project:default project_id=112195 project_image_fid=372638]

The completed apartments feature open-plan living and dining areas which extend onto private balconies and terraces, while full-height glazing maximises natural light throughout the interiors.&nbsp;

Hybrid timber-look flooring, stone benchtops, Miele appliances, porcelain-tiled bathrooms and generous storage feature throughout the building which also features landscaped communal areas, expansive shared terraces, lift access and secure on-grade parking.

Drawing inspiration from its bayside setting, Voyage adopts a restrained palette of warm neutral tones and textured finishes. Many of the apartments take advantage of views across Port Phillip Bay, while the indoor-outdoor living spaces have been designed to make the most of the coastal outlook.

[smartcode_project:default project_id=112195 project_image_fid=3286]

Voyage was developed to address what Spacious Group identified as an undersupply of higher-quality apartment product in Altona, with a focus on owner-occupiers looking to remain within the bayside community.

"Voyage responds to very strong local buyer demand for quality, owner-occupier-focused product," says Barry Plant Projects Director Jarrod Farey, who has handled sales since the project's launch.

"The project delivers an elevated lifestyle proposition, with its design and quality of finish far exceeding anything previously produced in the area, as well as its proximity to Pier Street Village and the beach."

The majority of purchasers have been local downsizers and owner-occupiers looking to stay within the Altona community but who previously had limited opportunities to buy a brand-new apartment.

[smartcode_project_cta:default project_id=112195]

Spacious Group completes Voyage Altona in Altona's beachside precinct

Homecorp has secured approval for a $360 million apartment development at Budds Beach, paving the way for one of the Gold Coast's most amenity-rich residential projects to launch later this year.

Gold Coast City Council has approved Lýon Residences, a 32-level tower that will deliver 178 two and three-bedroom apartments across a prominent corner site at 8-10 Acacia Avenue and 25-27 Oak Avenue.

The approval comes as developers continue to invest in premium lifestyle-driven apartment projects on the Gold Coast, where owner occupiers are increasingly prioritising amenity as much as apartment size and location.

<a href="https://www.apartments.com.au/new-apartments/l-on-residences-25-27-oak-avenue-surfers-paradise-qld-4217">Lýon Residences</a> has been designed around a resort-style wellness offering, headlined by a Moroccan-inspired spa precinct featuring treatment rooms, a Nordic sauna and steam room, hot and cold plunge pools, a soaking pool and a residents-only juice bar.

The rooftop will include a heated infinity pool and spa, residents' lounge with private kitchen and bar, gymnasium, yoga and Pilates studio, outdoor entertaining areas and barbecue facilities overlooking the Surfers Paradise skyline.

<img alt="Lyon" data-entity-type="file" data-entity-uuid="2d3e29af-8793-486e-a684-52cef862241f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-07-15%20at%204.32.26%E2%80%AFPM.png?VersionId=ayG2zpLf3SS6Zy8XmKDcQods4kVWb0gm" />

Homecorp Founder and CEO Ron Bakir said Budds Beach provided the ideal location for the company's latest luxury apartment project.

"Budds Beach represents one of the most unique and sought-after pockets of the Gold Coast, and Lýon Residences has been designed to reflect that sense of rarity and refinement," Bakir said.

The project arrives as wellness continues to become a defining feature of new residential developments both in Australia and internationally.

The latest Global Wellness Institute figures show wellness real estate remains the fastest-growing segment of the global wellness economy and is forecast to exceed $1.8 trillion by 2030. Australia continues to rank among the world's 15 largest wellness real estate markets, with developers increasingly integrating health, recreation and community facilities into apartment projects.

Queensland is also experiencing strong population growth, with the Gold Coast continuing to outperform many other Australian cities as demand for new housing remains elevated ahead of the 2032 Olympic and Paralympic Games.

Bakir said the project had been designed to respond to that shift in buyer expectations.

"Strong population growth and sustained demand across the Gold Coast continue to highlight the need for well-designed new housing supply. Lýon Residences responds directly to this demand while setting a new benchmark for residential living," he said.

Each apartment has been designed to maximise views across the coastline, the Nerang River and the Gold Coast hinterland.

Located just minutes from Surfers Paradise beach and the Broadwater, the development also offers easy access to the light rail network, Broadbeach and Burleigh Heads.

Early site works are underway, with construction expected to commence later this year.

Homecorp approved for Budds Beach apartment tower, Lýon Residences

New apartment developments with uninterrupted, north-facing views over Perth's Swan River are exceptionally rare.

Recognising just how limited those opportunities are, <a href="https://www.apartments.com.au/developers/edge-visionary-living">Edge Visionary Living</a>, one of Perth's most respected builder-developers, targeted <a href="https://www.apartments.com.au/developments/applecross-wa-6153">Applecross</a>, assembling an unrepeatable 6,342 sqm riverfront site on the corner of Moreau Mews and Canning Beach Road to create one of Perth's only new north-facing apartment developments directly overlooking the Swan River.

Today, <a href="https://www.apartments.com.au/buildings/riviere-residences-applecross-59-canning-beach-road-applecross-wa-6153">Rivière Residences</a> offers buyers a unique opportunity to choose between completed residences ready to move into now and off-the-plan homes in the final stage, Rivière West.

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Across the completed East and Central buildings, residents are already enjoying the development's luxury amenity, while two of the precinct's hospitality venues are now open.

The completed component of the development gives buyers the advantage of experiencing the finished product firsthand, including its uninterrupted river views, while still having the opportunity to secure a residence in the final stage.

"People are wowed by the view and the quality of the apartments,"&nbsp;Edge Visionary Living Sales Executive, Holly McSweeney, says.

"They're looking for the convenience of lock-and-leave living, but they're not looking to downsize on quality."

[smartcode_project:default project_id=28384 project_image_fid=3826]

The rarity of the development hasn't been lost on prospective buyers, McSweeney says.

For McSweeney, it all comes back to a location that is becoming increasingly difficult to replicate.

"Location, location, location," she says. "We are nestled right on the front of the Swan River. You can never get built out, so wherever you are in Rivière Residences, you've got views of the river forever."

The unique waterfront position has resonated particularly strongly with local downsizers. McSweeney says many buyers are long-time Applecross residents looking to transition from large family homes into a luxury apartment without sacrificing space, quality or the lifestyle they've enjoyed for decades.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/N_FowNW0wu8?si=vb25XFq1wZ-iufAW" title="YouTube video player" width="560"></iframe>

A major focus for Edge in recent years has been resident amenity. Across its apartment portfolio, from beachfront developments in Scarborough to luxury towers in South Perth, the developer has increasingly invested in the spaces beyond the apartment itself.

The strategy has largely been shaped by downsizer demand. Many buyers are moving from large family homes with swimming pools and established gardens. While they're looking to leave the maintenance behind, they don't want to compromise on lifestyle.

At Rivière, <a href="https://www.apartments.com.au/architects/hillam-architects">Hillam Architects</a> designed the resident facilities as an extension of each apartment. A 25-metre heated swimming pool takes advantage of the north-facing river outlook, complemented by a large gym, sauna and steam rooms, private dining spaces, residents' lounges, a cinema, games room, and dedicated wine and whisky rooms.

[smartcode_project:default project_id=28384 project_image_fid=372542]

The waterfront location has also proved to be a major drawcard. Residents are within walking distance of the Raffles Hotel, South of Perth Yacht Club, the Heathcote Cultural Precinct and the cafés, restaurants and boutiques along Ardross Street.

Beyond the location and amenity, McSweeney says many buyers take confidence from Edge's fully integrated development model.

Having delivered apartments across Perth for decades, Edge now designs, develops and constructs its projects in-house, giving the company greater control over quality, delivery and the finished product.

"What I love is when people walk through their apartment for the first time and say, 'This is better than what we imagined,'" McSweeney says. "We hear that all the time."

Completed apartments in the East and Central buildings are now available to inspect by appointment, while Rivière West, the final stage of the precinct, is expected to be completed in the first quarter of 2027.

[smartcode_project_cta:default project_id=28384]

North-facing Swan River views drive demand at Rivière Residences in Applecross

Paddington

Five downsizers registered to bid on a prized apartment offering in the conversion of the 1905 Royal Hospital for Women that sold on the weekend for $4.395 million.

The two-bedroom apartment at 8/18 Flinton Street saw bidding open at the $3.7 million price guide.

The reserve was $4 million through Bresic Whitney agent Maclay Longhurst.

With 214sqm on title, the apartment came with level living house-like proportions.

It last traded for $1.61 million in 2005.

There was a $4,375,000 sale in March in the converted building in the Stockland Paddington Green development.&nbsp;

<a href="/developments/sydney-nsw?source_news_article_id=102524&amp;ref=news_body_link"><img alt="" height="800" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/sydney-cbd-_template_3.jpg" width="1200" /></a>

The apartment came with 243sqm of living space and a north facing entertainer&#39;s deck.

Its price guide had been $1.4 million to $1.47 million.

Peter Chittenden, the managing director at Colliers Residential, wrote on his blog that&nbsp;Paddington Green was a large-scale, inner-city redevelopment of the former Royal Women&rsquo;s Hospital site located two kilometres east of Sydney&rsquo;s CBD.

&quot;A unique aspect of the site, and something in common with Newmarket was the fact that the development comprised several (seven) precincts.

&quot;These comprised a mix of terrace houses and apartment buildings designed by three different and highly regarded architectural firms.

&quot;Construction started in 1999 and included 5-6 storey residential apartment buildings with basement parking (common across the entire site) and a pool.

&quot;Plus, there were a variety of small mainly two-level, apartment buildings and the adaptive reuse of one of the existing 1905 free-standing hospital wings.&quot;

There was also office space and retail premises and a plaza fronting Oxford Street and in the final stages a large new park on Glenmore Road.

In total Paddington Green delivered some 130 dwellings with the intention of the developers Stockland&nbsp;to deliver a modern interpretation of the surrounding Victorian terraces alongside the new apartments and with varied scale.

CoreLogic calculated there was a 63 percent success rate from 625 apartment and townhouse auction offerings.

The success rate from the 2066 houses was 76 percent.

Sydney apartment vendors saw a 70 percent success rate compared to Melbourne&#39;s 56 percent.

There were 312 offerings across Sydney compared to 268 across Melbourne.

Local downsizers bought a two-bedroom apartment for $4.395 million at its auction in Paddington

jchancellor

Five downsizers sought $4.395 million Paddington apartment sale that topped Sydney auctions

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Australian DJ Will Sparks is selling Onyx, the luxury Paddington, Brisbane home he bought just last year.
He quietly snapped up the home for $2.35 million before it even it the market, just after it was completed by go-to home builder Graya Constructions to a design by Joe Adsett Architects.
But after settling on the home in September 2019, Sparks, with his girlfriend Brooke Clancy, was spending more time in his native Melbourne and the luxury home became a rental. He sought $2,200 a week.
Constructed with a nod to the traditional Queenslander form with its clean lines, the contemporary home on 405 sqm has five bedrooms, four bathrooms and a temperature controlled wine cellar.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2020/DEC/2/Onyx%201.jpg" alt="">
A rear terrace flows to the grassed lawn and a swimming pool and a rooftop deck has views across the city.  
Ray White New Farm agent Matt Lancashire has the listing.
Sparks, who played around 300 shows a year pre-COVID, was named the number one Australian DJ in 2014. 
 
 
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jrobinson-rf4aSBido9

DJ Will Sparks lists Onyx, his luxury Paddington property

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Splendour in the Grass co-founder Jessica Ducrou and her surfboard shaping partner Dain Thomas have listed in Paddington.

They paid $3.65 million for the renovated four level Glenmore Road terrace in 2017, snapping it up in nine days for more than double its $1.75 million price in 2013.

The home is now a mix of contemporary and classic behind the traditional Victorian façade.

The open floorplan embraces Parisian design elements.

<img alt="" src="https://www.urban.com.au/images/2020/10/9/splendour%201.png">

It has four bedrooms and two bathrooms.

Jane Schumann, who sold them the home, has a $4 million guide for its November 2 auction.

Ducrou established Splendour with music industry veteran Paul Piticco in 2001, with Powderfinger headlining the inaugural show.

Ducrou had been taking a break from Rolling Stone magazine, where she worked in accounts, when she met Piticco, who was managing Powerfinger, in a Byron Bay pub.

 

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Splendour in the Grass co-founder Jessica Ducrou lists in Paddington

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The former Brisbane Broncos coach Anthony Seibold has flipped his Paddington home, a stones throw from Suncorp Stadium.
Seibold found a buyer in just seven days for the luxury architect designed home that he bought for $1.9 million just 18 months ago when he returned to Queensland following his departure from the South Sydney Rabbitohs.
McGrath Paddington agents Alex Jordan and Reuben Packer-Hill asked for offers over $2.15 million, and secured $2.3 million.
The contemporary home near Rosalie village has five bedrooms, two bathrooms, a rumpus and a glass wine cellar.
The luxury kitchen with butlers' pantry features a wide servery window which runs to the alfresco area with built in barbecue.
<img src="https://www.urban.com.au/images/2020/10/8/sibold%203.png" alt="">
That meets the rear lawn and swimming pool.
<img src="https://www.urban.com.au/images/2020/10/8/seibold%202.png" alt="">
There's a rooftop entertaining terrace with views across Brisbane.
Last year Seibold and wife Hollie offloaded their investment property near the Gold Coast for $485,000, having bought it for $261,000 in 2009, the same year it was built.
They were based in Wales at the time where Anthony was the assistant coach at the new Welsh rugby league club the Celtic Crusaders.
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Ex-Broncos coach Anthony Seibold sells Paddington home

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The Paddington home of Paul Fegan has been sold for $5.9 million at mid-week auction, for above its $5 million price guide.
Fegan is senior adviser at funds management business Gresham Partners.
He was previously the St George Bank boss.
His four-bedroom, four-bathroom home at <a href="https://www.realestate.com.au/sold/property-house-nsw-paddington-104797024">146 Paddington St </a>was bought by a buyer who has moved from Melbourne.
There were 12 contracts issued, and six registrations.
Bidding opened at $4.7 million.
Fegan was a director of AMP in 2015, and chairman of AMP Bank, when he bought the three-level corner terrace for $4.025 million from the retired PwC veteran Greg Hall.
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j.ballantyne1990-6AQqhLzZaK

Gresham Partners' Paul Fegan secures $5.9 million in Paddington

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Internationally recognised abstract painter Michael Johnson and his wife ­Margot have sold their grand Paddington terrace, Cawdor.
The four-bedroom, two-bathroom terrace with 3m-high ceilings was listed with a $4.3 million asking price. There has been no price reveal, but prospective buyers were being advised late this week the 1880s terrace was set to fetch a little over $4 million.
The home is lined with large paintings on almost every wall. There is a bohemian feel throughout the home that harks back to the loft-living aesthetics of New York, where Johnson lived during the early 1970s.
The 162 sqm property ­includes a studio where he painted the work Oceania high low that won him the 2014 Wynne Prize for the best landscape painting of Australian scenery.
The Bent St property was sold to the ­couple for $2,235,000 in 2012, and has since been extensively renovated. It features include a French marble fireplace, and French doors opening into a modern kitchen and an entertainer’s deck.
Johnson and his wife have ­decided to spend more time at their country property and a Woollahra bolthole.
Paddington’s latest listing is a Stewart St home, redesigned by the late architect Ken Woolley, which has hit the market with a $4.5 million buyer’s guide.
The three-bedroom was purchased by Woolley and his widow, Virginia, in 1995 for $730,000.
BresicWhitney agent Emily ­Davidson has it listed for September 19 auction.
Woolley, who died in 2015, was a leading figure in a romantic architectural movement referred to as Sydney School.
Paddington currently has 33 properties for sale, with a median terrace price over the past year of $2,440,500. Based on five years of sales, Paddington has seen a compound growth rate of 7.9 per cent for houses.
This article was first published in the Sunday Telegraph.  
 
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Artist Michael Johnson sells Paddington terrace Cawdor

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Financier Michael Wayne and his fashionista fiancee Nadia Fairfax could soon be living in the $4 million Paddington terrace Cawdor. No confirmation to her 188,000 followers, however.

But the Paddington grapevine suggests Wayne, the managing director at financial services firm Medallion Financial Group, and Fairfax secured the 1880s terrace before its scheduled auction.

Cawdor was sold by the abstract painter Michael Johnson and his wife ­Margot, who had paid $2,235,000 in 2012.

Fairfax keeps most of their private life off her social media, with little known about Wayne, who offers private wealth advisory services, with a focus on the equity and fixed income markets, both locally and ­internationally.

He stepped down from his directorship at the Sydney Jewish Museum last year.

This article was first published in the Sunday Telegraph.  

<h2>NSW properties selling now:</h2>

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[smartcode_project:default project_id=24323]

[smartcode_project:default project_id=7317]
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Influencer Nadia Fairfax buys Cawdor, Paddington

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Socialite Tiffany Tilley, the former wife of Ben Tilley, has listed her Paddington terrace. 
Tilley bought the Victorian corner terrace two years ago for $4.2 million, when she downsizing from her $19.8 million Point Piper harbourside townhouse.
The terrace comes with formal lounge and dining, open plan kitchen/family living, Miele-appointed kitchen.
It has been listed with reported buyer interest in the $4 million to $4.5 million range.
The four bedroom, three bathroom abode is within strolling distance of Five Ways, Oxford Street, city buses and highly regarded schools.
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Socialite Tiffany Tilley lists her Paddington terrace 

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A Paddington period terrace with views across the city skyline has hit the market. 
The four bedroom, two bathroom home is situated at <a href="https://www.realestate.com.au/property-terrace-nsw-paddington-132913750" target="_blank">8 Jersey Road</a>. 
It comes with living area with fireplace, additional family/media room at rear, and marble kitchen.
Other highlights include courtgarden, ample storage, and rear lane access via Tivoli Street into single car space. 
The home is close to Oxford Street, CBD/Bondi Junction bound buses and quality schools. 
It has been scheduled to go under the hammer on February 29. 
Mark Lowe and Clint Ballard, of Ballard Property Group Double Bay, listed the property. 
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Paddington period terrace with city views set for auction 

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With her passion for restor­ation projects in Italy, the fashion designer turned tourism property entrepreneur Collette Dinnigan is selling her Paddington charmer.
It’s the Mary Place investment terrace bought from her brother, creative director Seamus Dinnigan, for $1,925,000 in 2017.
The popular rental is a rare 1850s freestanding cottage spanning just 70 sqm of internal space. The terrace with two bedrooms and one bathroom has been listed by Ivan Bresic at BresicWhitney.
Seamus Dinnigan had bought the home for $1.08 million in 2015 from gallery owner Evan Hughes and his lawyer wife, Kate.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2020/2/17/5%20Mary%20Place%202.jpg" alt="">
Dinnigan quit the fashion world after 24 years in 2014, and turned to real estate with her entrepreneurial husband Bradley Cocks. They’re spending more and more time in Italy.
Initially the couple was renovating a 100-year-old farmhouse in Puglia, and are keen to take on other projects.
They retain a Darling Point bolthole, along with retreats in the Southern Highlands and at Milton on the NSW south coast.
Further south their stylish Rosedale Airbnb cottage was burnt down during the summer bushfires. It was incinerated on New Year’s Eve along with most of the houses in the clifftop precinct.
This article was first published in the Sunday Telegraph.
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