Perth’s new apartment market recorded its strongest quarter of sales since Q4 2021, with 412 apartments sold in Q1 2026 and a record quarterly sold value of $537 million, according to Urbis’ latest Apartment Essentials results.

Urbis said the March quarter result reflects strong, highly product‑specific demand across both ends of the market, from more attainable projects delivering at scale, through to premium stock being absorbed by equity‑rich downsizers.&nbsp;

David Cresp, Partner at Urbis, said the key story in Perth is not demand, it is the market’s ability to convert demand into delivered housing.&nbsp;

“This is the strongest sales quarter since Q4 2021, and it reinforces that demand in Perth is real and it’s local,” David Cresp said. “But the task now is delivery, turning that demand into projects that can actually be built and completed.”&nbsp;

[smartcode_project:default project_id=110291 project_image_fid=302785]

<h2>Affordable product leads, premium demand remains resilient</h2>

Sales in Q1 were led by more affordable projects, with The Boulevard (SKS Group) recording 115 sales in the quarter, the presentation noting this is only the second time a single project has surpassed 100 quarterly sales. The project was able to offer more affordable housing product right next to a train station.&nbsp;

Palmyra West (Finbar) also delivered strong results with 28 sales in Q1, following 84 sales in Q4, with an average price of under $800,000, underscoring depth of demand for well‑located, attainable new stock.&nbsp;

At the premium end, Urbis said downsizer demand is continuing, with the results highlighting Romeo (Applecross, Finbar) recording 75 sales and reaching almost 50% sold in one quarter.

Jual (Shenton Park, Celsius Property) also posted a strong quarter with 28 sales, reaching 39% sold in one quarter.

Urbis noted that Perth apartment demand is not speculative, not investor‑led, and not uniform, describing it as localised, often equity‑driven and highly product‑specific, a pattern reflected in the polarisation between strong “attainable” performers and premium downsizer product.&nbsp;

[smartcode_project:default project_id=148957 project_image_fid=364102]

<h2>Prices underpinned by costs, and the delivery risk is growing</h2>

Urbis said pricing pressure is cost not demand‑driven: construction costs and delivery risk are now a central constraint, with the results noting build costs remain elevated and volatile, and that energy, fuel and labour uncertainty weigh on feasibility.

David Cresp said a growing challenge for private Build‑to‑Sell developers is simply securing a builder in the current environment.

“Developers are really feeling the pressure from a building market that was operating at capacity and securing a builder is challenging,” David Cresp said, adding that even where a builder can be secured, “trying to get to the price that makes the development financially viable is incredibly challenging in the current market.”&nbsp;

Urbis’ broader WA commentary also notes that industry remains at or above capacity with lot and housing creation, and that many builders are limiting new sales to manage stretched workforces and fixed‑price contract pressures, conditions that flow directly into apartment feasibility and delivery timing.

[smartcode_project:default project_id=108869 project_image_fid=317905]

<h2>Supply: improving later, but still constrained, and Perth lags eastern benchmarks</h2>

While near‑term supply remains constrained, Urbis’ forecast shows completions lifting “Supply is forecast to be back above 1,500 apartments per annum for the first time since 2019”, with 1,775 completions forecast for 2026, and volumes remaining above that level over the following years.&nbsp;

Looking further ahead, completions are forecast to reach 2,500 in 2028, with the report noting 32% of that total is social/affordable, reflecting the role of government‑supported delivery in rebuilding the pipeline.&nbsp;

However, Urbis said Perth remains behind comparable markets on pipeline scale. In a national comparison of projects under construction, the report shows under construction Perth Build‑to‑Sell (BTS) at 3,446 apartments versus the Gold Coast at 7,922. Mr Cresp said “The challenge for Perth is how to we grow the delivery pipeline”.

Urbis’ conclusion is that Perth’s market is increasingly defined by product discipline and delivery certainty, with the research identifying “delivery certainty is key” and calling out builder risk and procurement models as core success factors, alongside “timing and staging”.&nbsp;

Joel Robinson

Perth apartment sales hit strongest pace since late 2021 as builder capacity tightens

<a href="https://www.apartments.com.au/developers/sammut-developments">Sammut Group</a> has secured development approval for its latest Brisbane apartment project, marking the Sydney developer’s next step in expanding its Queensland pipeline following the success of its debut Gold Coast development, Coast.

The approved project at <a href="https://www.apartments.com.au/new-apartments/44-glen-road-toowong-qld-4066">44 Glen Road, </a><a href="https://www.apartments.com.au/developments/toowong-qld-4066">Toowong</a> will deliver a 15-storey riverfront apartment building with 42 residences, significantly increasing the scale of the site’s previous approval for a smaller luxury scheme. Designed by Bureau^proberts, the development will comprise a mix of predominantly four-bedroom and two-bedroom apartments positioned to maximise Brisbane River and city views.

Sammut Director Julian Sammut said the group had been actively searching Brisbane for several years before identifying Toowong as the right fit.

“Brisbane was the right step for Sammut,” Sammut said.

“With the success of Coast we thought we should definitely look to do more in Queensland alone. We then pushed up to look at Brisbane. We've been looking for I'd say two to three years actually and it was hard to find the right location.”

<img alt="Sammut makes Brisbane apartment play" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_75/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screenshot%202025-12-23%20at%203.27.14%E2%80%AFPM.png?VersionId=dYAVIL7qdcGA8ojvkslSrLjczXFejSSx" />

Sammut said suburbs including New Farm and Teneriffe were considered before the group ultimately focused on Toowong due to its strong downsizer demographic and limited supply of developable riverfront land.

The site was acquired off-market after what Sammut described as a lengthy negotiation and planning process, with the developer pursuing an uplift to the original approval.

“We are DA approved now which is very exciting,” Sammut said.

“We've had our change approval come through and we've obviously doubled the height, 15 storeys plus rooftop. We've got 42 amazing apartments that are going to be coming to market soon.”

<img alt="Sammut makes Brisbane apartment play" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-12-23%20at%203.27.26%E2%80%AFPM.png?VersionId=ohkRkY0dIZlqdfME2EZePsCQavRiBadE" />

Bureau^proberts said the design responds to Toowong’s evolving urban character, balancing contemporary apartment living with the area’s established residential identity.

“A place where traditional Queensland living has taken place for centuries; Toowong is seeing a shift of contemporary influence, commercial and retail hubs mixed with well-considered residential offerings – all the while maintaining its character and charm,” the architect noted in planning documents submitted to Brisbane City Council.

The architecture practice said the project’s form was shaped by its riverfront setting, flood considerations, neighbouring building scales, and view corridors.

“They said the mix of four and two-bedroom apartments capture the ‘fundamental qualities of Queenslander living,’ translated into the context of a contemporary subtropical building.”

The development sits just off Coronation Drive within walking distance of Toowong’s retail precinct and the upgraded Regatta ferry terminal, while also benefiting from proximity to the incoming green bridge connection to West End. Sammut said the accessibility and amenity offering were central to the site’s appeal.

The approval adds to growing residential activity along the Toowong riverfront, joining nearby projects including Consolidated Properties’ Monarch Residences and Spyre Group’s ARC Residences.

Sammut secures approval for debut Brisbane apartment development in Toowong

Developer Lanevick is heading back into Sydney’s apartment market after focusing more heavily on the luxury townhouse and terrace sector in recent years.

Lanevick, founded and directed by Steve Maroun, is expecting to receive approval in the coming months for a new apartment development in Gladesville, with the aim to launch it to the market later this year.

The 51-apartment project, designed by Studio Johnston, will comprise a mix of one-, two-, and three-bedroom apartments positioned toward the Hunters Hill downsizer market.

“Traditionally it’s been difficult for people in that market to downsize because there just hasn’t been the right product available,” Maroun said.

“We’re targeting buyers who might have 30 to 40 per cent of their house value sitting in the bank after downsizing.

“They still want good spacious entertaining areas, they still want quality design, but they also want flexibility and the ability to enjoy life a bit more after working hard for a long time.”

The project sits near Boronia Park and within close proximity to the Parramatta River foreshore, an area Maroun says offers more of a Hunters Hill lifestyle than a traditional apartment precinct.

“From a lifestyle perspective, it’s really more Hunters Hill than Gladesville,” Maroun said. “You’re close to the foreshore, close to parklands, and still connected back into the village precinct.”

From level four and above, apartments will capture water views&nbsp;toward Sydney Harbour. Communal amenity will include rooftop entertaining areas, wellness spaces, and a gym tailored toward owner-occupier buyers.

“We’ve really designed these apartments around that buyer coming from the Hunters Hill LGA and what they’re actually looking for in their next chapter.”

The proposed development has also been designed to respond to the changing character of the broader Gladesville town centre, where a growing number of mixed-use and residential proposals are expected to emerge over the coming years.

“Gladesville presented a rare opportunity to deliver a genuinely design-led residential project within an evolving lifestyle precinct, just moments from the growing Gladesville town centre, and we’ve approached the project with a strong focus on architecture, liveability and long-term community value,” Maroun said.

Maroun said Lanevick saw a first-mover advantage within the precinct as planning controls continue to evolve to accommodate greater housing density.

“We think there’s a real opportunity there that hasn’t really been serviced properly yet,” he said.

“There’s going to be a broader evolution of the whole Gladesville village precinct over time, particularly with more activation and mixed-use outcomes.”

The Venus Street proposal will include a commercial and retail component at ground level designed to contribute to that evolving streetscape activation.

“A big part of the thinking was how do you activate that area properly and create more vibrancy and amenity, which is what Hunters Hill has been looking for,” Maroun said.

Lanevick’s focus since 2020 has largely been on smaller-scale luxury townhouse and terrace developments. The developer recently completed Royale Randwick, also designed by Studio Johnston, where prices reached $3.65 million. The project was featured in the UDIA NSW 2026 Professional Development Prospectus and was also named a finalist for Development of the Year.

&nbsp;

Lanevick to cater for Hunters Hill downsizers with new Gladesville apartment development

Property developer One Living, backed by former Macquarie banker turned investment manager Chris Green’s investment firm, has unveiled plans to bring more institutional capital into housing to help address the national supply crisis.

The New York-based investor has focused his firm, GreenPoint Partners, on addressing the supply shortage hitting middle market housing in Australia.

It is backing the new One Living business to develop more than 1000 units along the eastern seaboard. The new firm is starting with a development on Mona Vale Road, on the border of Mona Vale and Pymble, in Sydney’s Northern Beaches, with around 140 apartments planned. They are eyeing off more sites across the city.

With cost pressures rising in the industry, One Living’s model is to be a vertically integrated developer-builder, so it can respond directly to the housing gap by removing the cost inefficiencies embedded in traditional residential delivery.

“We are building a platform designed to operate at scale and starting in a market where there’s a clear need for quality, attainable housing,” One Living joint managing director Joseph Scuderi said.

“It’s that missing middle – it’s that attainable end of housing… that’s what most Australians invest into and what Australians can actually afford.”

<img alt="Mona Vale" data-entity-type="file" data-entity-uuid="798dfa93-4941-4db6-a696-31e9dc18e81c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%202.31.50%E2%80%AFPM.png?VersionId=mKBqi5C_DmeiXS.AtJkcR8LQIxqCqmFi" />

GreenPoint Partners brings years of experience assembling and scaling real estate operating businesses across major markets. And Green sees a big opportunity in Australia.

“For its size, sophistication and importance to the community, Australia’s living sector has remained largely under-institutionalised, which represents significant opportunity,” Green said. “GreenPoint identified that gap, assembled the right team, and is backing One Living to build a platform that is aligned to market needs.”

Green said being a builder-developer would give the company the capacity and flexibility it required to deliver reasonably-priced homes.

“We want it to be at that attainable level; not super high end luxury but at that attainable level,” he said.

<img alt="Mona Vale" data-entity-type="file" data-entity-uuid="74a5344a-4b26-4d4a-ada3-056b1220be77" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-28%20at%202.32.15%E2%80%AFPM.png?VersionId=vY8hXHO4reBMdO8ZXMWCNtGZJofUPQ3j" />

&nbsp;

One Living will undertake a component of affordable housing in its schemes, which it will own and operate, and it could also run build-to-rent on some sites.

Green praised local policy settings.

“The NSW government is being very supportive, strategic and pragmatic in terms of how do we generate more supply of housing,” he said. “We think it’s actually positive for development and the bit that’s been lacking at that attainable level is that it’s lots of relatively small private developers, whereas we want to create an institutional platform.”

One Living is also&nbsp;looking at high-density projects and could take on more institutional funding in the future.

“The way we will be able to achieve economies of scale is through size,” Green added.

One Living enters Sydney's new apartment market with Northern Beaches site acquisition

It's been several years since there's been an opportunity to buy a brand new townhome in Melbourne's coastal suburb of Mordialloc. Even apartment developments in recent times have been few and far between in the area.

Local developer LDS Property identified the gap in new housing, securing a site on White Street, directly opposite&nbsp;Woodlands Golf Club Mordialloc. They've recently launched&nbsp;<a href="https://www.apartments.com.au/new-townhouses/wm-residences-mordialloc-102-white-street-mordialloc-vic-3195">WM Residences</a>, just 13 townhouses which they have already started building.

Projects by Buxton Director Heath Thompson, who is selling WM Residences, says the townhouses x that perfect middle ground be

"Mordialloc residents have had limited options to downsize within the suburb, often forcing them to look elsewhere despite long-standing ties to the area," Thompson says.

"With very little comparable new supply coming to market, projects like WM Residences are well placed, particularly as buyers look to capitalise on current conditions amid constrained supply."

[smartcode_project:default project_id=134646 project_image_fid=6109]

The development, designed by regarded architecture firm&nbsp;<a href="https://www.apartments.com.au/architects/ewert-leaf">Ewert Leaf</a>,&nbsp;adopts a deliberately restrained architectural approach, focusing on simplicity, durability and liveability rather than overt design gestures.

The boutique scale is central to the offering. With only 13 three-bedroom residences, each home is configured to prioritise functional layouts and everyday use, supported by private terraces and secure two-car garages.

Ewert Leaf’s design response leans into a calm, neutral material palette. Interiors are defined by oak flooring, white walls and soft finishes, creating a consistent and understated backdrop. The approach avoids trend-driven detailing in favour of longevity, with an emphasis on natural light and spatial clarity.

[smartcode_project:default project_id=134646 project_image_fid=6110]

Beyond aesthetics, the homes are designed to meet contemporary performance expectations. Each residence targets a minimum 6-star energy rating, incorporating double glazing, comprehensive insulation and all-electric Bosch appliances.

The project’s location supports a walkable coastal lifestyle, sitting within close proximity to Mordialloc’s foreshore, Main Street retail strip and the train station. Local cafés and dining venues, including Suburbia Deli and Hendriks Café, are within a short walk, reinforcing the area’s established neighbourhood character.

[smartcode_project:default project_id=134646 project_image_fid=6116]

While <a href="https://www.apartments.com.au/developments/mordialloc-vic-3195">Mordialloc</a> is often defined by its beach and pier, the project taps into other areas of day to day living, offering easy access to local food, casual dining and transport, rather than positioning itself purely as a lifestyle retreat.

WM Residences reflects a continued trend across Melbourne’s coastal suburbs towards smaller-scale, design-led townhouse developments, particularly on infill sites where proximity to amenity is already established.

With construction commenced prior to its market entry, the project aligns with a growing preference among buyers for developments with visible progress and defined delivery timeframes.

[smartcode_project_cta:default project_id=134646]

WM Residences fills gap in Mordialloc townhouse market

Paddington

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The renewed confidence in the Sydney property market was apparent when MasterChef semi-finalist Karlie Verkerk and her partner Adam Frazer sold their Paddington apartment for $808,000.
The topsy-turvy marketing campaign came with downward price revisions from Ray White Double Bay agent Nic Krasnostein.
<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/2019/9/30/paddington%201.jpg" alt="">
The bullish price was achieved after four bidders competed once it was announced on the market at $770,000.
The couple had reduced their expectations for their Art Deco apartment three times since it was initially listed for sale last year.
They had been initially seeking $775,000 for its September 2018 auction.
<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/2019/9/30/2paddington%201.jpg" alt="">
It returned to the market two weeks ago with a $750,000 guide, which was then dropped to $700,000.
The one-bed unit on the third level of a 1950s-built Gosbell Street block has been modernised with white floorboards and a new kitchen.
Verkerk and Frazer paid $670,000 in 2015.
Verkerk made it to the semi-finals on the ninth series of MasterChef in 2017, coming third behind Ben Ungermann and eventual winner Diana Chan — with whom Verkerk has filmed an upcoming, secret project.
Verkerk he still cooks and recently worked on a campaign with ILVE.
This article was first published in the Saturday Daily Telegraph. 
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Masterchef's Karlie Verkerk sells Paddington apartment

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Former South Sydney Rabbitohs coach Anthony Seibold has bought a home near his new club.
Seibold left the Bunnies in unceremonious circumstances at the end of last year to take over at the Brisbane Broncos, with Wayne Bennett going the other way.
He's now settled on a $1.9 million Paddington home, a stones throw from Suncorp Stadium.
The contemporary home, which dates back to the 1920s, has five bedrooms and two bathrooms.
The living, kitchen and dining opens to an external entertaining terrace, lawn and swimming pool.
A rear terrace has a built-in barbecue.
The purchase comes shortly after Seibold and wife Hollie <a href="/news/brisbane-broncos-coach-anthony-seibold-sells">let go of their investment property</a> near the Gold Coast for $485,000.
They owned the home for the best part of a decade, having paid $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.
Former Bronco's coach Wayne Bennett, who swapped places with Seibold to take the reigns at the Rabbitohs, is yet to buy in Sydney, but he <a href="/news/wayne-bennett-sells-brisbane-home-for-2-12-million">offloaded his former Yeronga home for $2.12 million</a>.
This article first appeared in The Daily Telegraph. 
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Brisbane Broncos coach Anthony Seibold buys Paddington home near Suncorp

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A historic four bedroom home in a coveted Paddington dress circle with views of Brisbane has sold at auction.
Glynis Austin of Glynis Austin Properties marketed the property
It went under the hammer June 6, transacting for an undisclosed price.
Built around 1918, the house at <a href="https://www.realestate.com.au/property-house-qld-paddington-131130242" target="_blank">52 Tooth Avenue</a> has been preserved in its original condition by the two previous owners. 
<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/2019/5/21/paddo%202.jpg" alt="">
Nestled on a fully fenced 465sqm parcel, it comprises formal lounge opening to the verandah, formal dining room, kitchen with double-door dishwasher, downstairs master suite, three additional bedrooms, and rear garden.
The rear garden was designed by Paul Bangay and paved in Israeli Lime Stone.
Other features include timber shutters with polished timber floors on both levels, iron garden gate, separated laundry, separate cellar, and storage area.
<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/2019/5/21/paddo%203.jpg" alt="">
It is within walking distance to Latrobe Terrace, public transport and only 6 minutes' drive to Brisbane CBD.
Last sold in 1992, the abode sold for $252,500.
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j.ballantyne1990-6AQqhLzZaK

Preserved 1920's Paddington home sold at auction

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Masterchef semi-finalist Karlie Verkerk and her partner Adam Frazer are again attempting to sell their Paddington apartment.
They listed the art deco unit last year with a guide of $775,000 before pulling it midway through its marketing campaign.
Now it’s relisted through Ray White Double Bay agents Nic Krasnostein and Talia Levy with a guide of $750,000 for September 7 auction. But there was a recent revision to $700,000.
The one-bedroom apartment on the third level of a 1950s-built Gosbell Street block has been modernised with white floorboards and a new kitchen.
Verkerk and Frazer paid $670,000 in 2015. Verkerk made it to the semi-finals on the ninth series of MasterChef in 2017, coming third behind Ben Ungermann and eventual winner Diana Chan, with whom Verkerk has filmed a secret, upcoming project.
Verkerk still cooks and recently worked on a campaign with ILVE.
This article was first published in the Sunday Telegraph.
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Masterchef's Karlie Verkerk tries again to sell Paddo apartment

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The Ken Woolley-designed Paddington house that won the Australian Institute of Architects highest honour for residential design in 1983, has been sold pre-auction.
Phillips Pantzer Donnelley agents Catherine Dixon and Kane Dunkley initially had a $3.6 million guide, before it was raised to $3.85 million.
The three-storey modernist home has been updated since Woolley sold at $390,000 in 1987.
<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/2019/8/14/paddo%202.jpg" alt="">
The 1980 Cooper Street home was one of three homes Woolley designed and built for his own use.
<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/2019/8/14/paddo%203.jpg" alt=""> 
The rumoured buyer is Tim Casey, founder and executive chairman of the St Hilliers construction group.
This article was first published in the Saturday Daily Telegraph. 
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Ken Woolley's award-winning Paddington home sells to Tim Casey

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The newly elected Liberal senator Andrew Bragg and his wife Melanie Evans have handsomely traded up in Paddington.
The couple have paid $4,675,000 for their new home which comes with 450 square metre space.
The state of the art home comes with a smart home automation system and cutting-edge technology.
It has five bedrooms across its four levels, as well as a self-contained studio above the two car garage.
The master retreat has a spa bathroom and a balcony.
Phillips Pantzer Donnelley agent Catherine Dixon sold the home.
The Bragg's had tried to sell their more standard sized Paddington terrace earlier this year but failed to find a buyer.
They leased it at around $1,500 a week, having paid $2,125,000 for the four bedroom home in 2013.
This week marked the politician's first speech as senator when he surprised many, suggesting superannuation should be voluntary for low income earners.
His wife, Melanie has been at ING Direct as head of retail banking since early 2017 when she was headhunted from Westpac and before that BT Super for Life.
This article was first published in the Sunday Telegraph. 
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Liberal senator Andrew Bragg buys Paddington terrace

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Celebrity agent John Fordham and wife Veronica have sold their longtime Paddington investment property for $2,065,000.
The couple, based in nearby Woollahra, paid $730,000 for the classic 1890s weatherboard cottage in 2002.
It sold through Ballard Property agents Sam Towndrow and Clint Ballard.
The double-fronted two-bedroom home had recently been a near $800-a-week rental.
The couple bought their current home, their much-admired Jersey Road terrace, for $1.95 million some two decades ago, moving from Gordon.
It was first published in the Saturday Daily Telegraph. 
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Celebrity manager John Fordham sells Paddington cottage

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The leasehold interest of the Captain Cook Hotel in Paddington has been listed for sale. 
The commanding four-storey hotel sits on 545 sqm near the Moore Park sports stadiums on the corner of Flinders Street and Moore Park Road.
The hotel comprises a main bar area, live music and band room and a bistro room that extends to a side courtyard.
There's also a pokies with 15 gaming devices.
The upper level accomodation rooms are subject to a proposed sublease to Clover Backpackers on an initial three year lease which substantially offsets the hotel rental.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/7/16/Captain%20Cook%20Hotel.jpg" alt="">
It is being offered on an unexpired lease term of 17 years.
MQ &amp; Associates agent Leonard Bongiovanni is marketing the leasehold on behalf of Jirsch Sutherland Insolvency Solutions.
It has been mooted that declining crowds following the nearby stadium demolition contributed toward the current trading situation.
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“The Captain Cook Hotel offers entry into the tightly held Sydney Pub market," Bongiovanni said.
"The Hotel has the bones to trade as a magnificent venue with an astute operator poised to take advantage of the busy surroundings by tapping into both local, and busy event trade. 
"The venue truly is in the box seat for a grand new beginning.”
The Sydney Cricket and Sports Ground Trust reported that close to two million fans visited the SCG and Allianz in the 2018 financial year.
There will likely be a higher influx of fans attending the Allianz when construction finishes on the modern 45,000 seater stadium.
 
 
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Paddington's Captain Cook Hotel leasehold listed

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Brisbane Bronco captain Darius Boyd has wasted no time getting to work on his latest residential property project.
Earlier this month it was revealed he'd spent $1,205,000 on a <a href="/news/brisbane-broncos-captain-darius-boyd-buys-next-house-project">1930s cottage in Paddington</a> (below).
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/6/26/Boyd.jpg" alt="">
It was always going to be a renovation project like his last home in Hendra where he is <a href="/news/brisbane-bronco-darius-boyd-lists-hendra-home">still seeking a buyer</a> having asked $2 million.
He's again called on Graya Construction to build his new home (pictured above and below).
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/6/26/Darius%20Boyd%20Paddington%204.jpg" alt="">
Joe Adsett Architect, who has done a number of modern homes around the Brisbane area, is the architect in charge of the design.
Adsett has dubbed the home 'Hitup House'.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/6/26/Dairus%20Boyd%20Paddington%20House%206.jpg" alt="">
"Introducing our latest project with repeat clients Darius and Kayla Boyd," Graya wrote on Facebook.
"This courtyard style home will be one of the first of its kind built in Paddington."
 
 
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Brisbane Bronco captain Darius Boyd's Paddington plans revealed

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Rothschild Australia chief executive Marshall Baillieu, of the Melbourne establishment Baillieu family, and wife Michelle, have finally sold their Paddington trophy home, Hargrave House.
It fetched $7.5 million to 333 Capital boss Alan Murray in March, with settlement earlier this month. Before joining 333 Capital, Alan led the emerging companies team at Merrill Lynch Australia, and before that was at CIBC markets and Deutsche Bank.
<a href="https://www.domain.com.au/news/rothschilds-marshall-baillieu-trades-in-his-paddington-landmark-for-21m-bellevue-hill-home-20181005-h15rzg-769983/"></a>The Murray home at Point Piper home was sold for $6.2 million to Lucy May.
Local agents were surprised at the Hargrave House price since it was not even double the Baillieu's initial outlay 13 years ago.
They had renovated since paying $4.275 million in 2006 when listed by then McGrath agent James Dack.
The listing cames after Baillieu paid around $21.25 million for the landmark Hordern House in Bellevue Hill, which was built as a wedding present for Samuel Hordern and June Baillieu.
The three level Victorian Paddington home, at the Woollahra end of the dress circle Hargrave Street, has five bedrooms, three bathrooms, grand living areas, a home office and a wine cellar.
A decade ago the home was redesigned by architect Michael Robilliard.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/10/5/hargrave3.jpg" alt="">
They paid $4,275,000 in 2006 and extended and renovated in 2008 and 2009 with Michael Robilliard oversight.
There's a 10 metre frontage and a Graham Greenhalagh-garden out back on the 310 sqm block.
There was an October 2018 auction scheduled with $8 million to $8.5 million price guidance through The Agency.
 
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/10/5/hargrave2.jpg" alt="">
Baillieu paid $20 million for Tongy Station in the Upper Hunter Valley to keep it in the family name.
 
 
 
 
 
 
 
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