Local developer Harridan is seeking to turn its Woolloongabba apartment project into the first stage of a broader transformation of Burke Street, using a new 16-storey mixed-use building to establish a greener pedestrian connection toward the rapidly evolving Boggo Road transport and knowledge precinct.

The South East Queensland developer has filed plans for 154 apartments on the <a href="https://www.apartments.com.au/new-apartments/4-burke-street-woolloongabba-qld-4102">southern side of Burke Street</a>, where its proposal has been designed alongside a wider vision by LatStudios for the street.

That vision positions the southern side of Burke Street for buildings of 15 storeys and above, while envisaging lower-rise development of up to five storeys on the northern side to transition into Woolloongabba's existing character housing. It also proposes wider pedestrian verges, deep planting, new street trees and upgrades to the pedestrian approach to Boggo Road Station.

The Harridan development itself has been designed by Brisbane-based Arqus Design and will comprise 154 apartments across 16 storeys. The mix is weighted heavily toward two-bedroom apartments, with 121 proposed alongside 10 one-bedroom and 23 three-bedroom residences. There will typically be around 14 units per floor.

A lower-ground car park and three podium levels will accommodate 156 resident parking spaces, along with visitor and commercial parking. There will also be 154 resident bicycle spaces and 40 visitor bicycle parks.

&nbsp;

Harridan is a family-owned developer and part of the Holmwood Highgate Group, with more than three decades of development activity across South East Queensland. Its portfolio spans residential, commercial and industrial property, with current residential projects including Riverbank on Byron in Bulimba, Esperance Residences in Carina and The Precinct at Kinross Road in Thornlands.

Wooloongabba has been popular for apartment developers, particularly since the announcement of the 2032 Summer Olympics games in Brisbane.

While there have been a lot of development applications, it has failed to materialize into real supply.&nbsp;

Sarazin has been the major player in the area. They are under construction at Murcia Residences, on the fringe of East Brisbane and Woolloongabba. They have just launched <a href="https://www.apartments.com.au/new-apartments/the-stanley-residences-woolloongabba-8-trafalgar-street-woolloongabba-qld-4102">The Stanley Residences</a>, in Woolloongabba on Trafalagar Street. They also have Nuage coming soon on the nearby <a href="https://www.apartments.com.au/new-apartments/nuage-woolloongabba-14-wellington-road-woolloongabba-qld-4102">Wellington Road</a>.

Joel Robinson

First look: Harridan plans Burke Street transformation beside Boggo Road transport hub

IN BRIEF

<ul>
	<li>
	Just three double-storey Sky Homes sit at the top of The Waterline, each with its own private marina berth and rooftop terrace.
	</li>
	<li>
	Construction on The Waterline is complete, with the first residents expected to move in from mid-October.
	</li>
	<li>
	Sky Homes range from 282 sqm to 367 sqm and are priced from $3.65 million.
	</li>
</ul>

<hr />
Lewis Land has opened the first completed sky home for inspection at Harbour Shores, giving buyers their first opportunity to step inside one of just three double-storey residences crowning The Waterline.

Each sky home comes with its own private marina berth, rooftop terrace and Broadwater views, combining the scale of a larger home with direct access to the boating lifestyle that underpins the wider <a href="https://www.apartments.com.au/new-apartments/harbour-shores-biggera-waters-564-oxley-drive-biggera-waters-qld-4216">Harbour Shores</a> masterplan.

[smartcode_project:default project_id=113271 project_image_fid=366708]

Lewis Land Head of Development Michael Long said the inclusion of a berth with every Sky Home had become increasingly valuable as marina access across the Gold Coast tightened.

“Marina berths are becoming increasingly difficult to secure across the Gold Coast, so including one with every Sky Home makes this a genuinely rare offering,” Long said.

“The private 70-berth marina will accommodate boats up to 12 metres in length and is positioned just 2.5 kilometres from the Broadwater, placing the open ocean only 15 minutes away.

“Being able to step out of your home onto your boat is a rare luxury, and it’s something residents here can look forward to when it opens later this year.”

[smartcode_project:default project_id=113271 project_image_fid=366709]

The display opening comes as construction completes on The Waterline, with the first residents expected to move in from mid-October.

The three Sky Homes range from 282 sqm to 367 sqm and each feature three bedrooms, three bathrooms, multiple living zones, expansive kitchens with butler's pantries and large balconies taking in the Broadwater outlook.

Each residence also has three secure basement car spaces and additional storage.

“This is the first opportunity the Gold Coast has had to step into Harbour Shores and see, touch and feel what we’re bringing to life here,” Long said.

“There are only three Sky Homes within The Waterline, ranging in size from 282sqm to 367sqm, with each residence featuring three large bedrooms, three bathrooms, multiple living zones, expansive custom-built kitchens with butler’s pantry, and large balconies capturing Broadwater views.”

<img alt="Harbour Shores" data-entity-type="file" data-entity-uuid="bab65e10-4fab-45e1-92d8-fc56e2ab98ff" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-25%20at%202.00.16%E2%80%AFPM.png?VersionId=XT8q76LsPkw3cYTsvN3JfFDaPLud90PN" />

Residents of The Waterline will have access to a private pool, along with Harbour Shores' wider collection of amenity including a lagoon pool, social clubhouse, tennis court, gym, yoga facilities and sauna.

Lewis Land partnered with Studio Collective to furnish the completed display, with the interiors designed to demonstrate how the residences could function as permanent homes rather than simply as show apartments.

Studio Collective Director Melissa Park said the surrounding waterways informed the interiors, but in a more restrained way than a traditional coastal scheme.

“We drew inspiration from the canals and coastal surrounds, but our approach was to interpret that subtly through layered materials and a grounded palette of earthy tones, rather than literal coastal references,” Park said.

“We introduced hero moments of green and teal to reference the surrounding waterways, while mirrored elements help reflect natural light.

“The result is a residence that feels elevated yet comfortable, somewhere buyers can genuinely imagine themselves living, entertaining and unwinding.”

Sky Homes are priced from $3.65 million.

Lewis Land is also offering private marina berths with The Residences, its limited collection of three and four-bedroom villas positioned directly along the Harbour Shores waterfront boardwalk.

Three-bedroom villas are priced from $2.99 million, while four-bedroom residences start from $3.19 million.

Harbour Shores is being marketed by Colliers International.

[smartcode_project_cta:default project_id=113271]

Lewis Land opens sky home display as The Waterline completes at Harbour Shores

St Vincent de Paul Society Housing Australia has filed plans for a major mixed-use housing precinct on the southern edge of the North Sydney CBD, adding another significant proposal to a pocket around North Sydn​ey Station that is quickly becoming one of the LGA's busiest development zones.

The State Significant Development Application covers a 5,990 sqm site at <a href="https://www.apartments.com.au/new-apartments/1-19-mackenzie-street-lavender-bay-nsw-2060">1-19 MacKenzie Street and 211 Blues Point Road in Lavender Bay</a>, immediately south of Nor​th Sydney Station and between the commercial core and the lower-rise Lavender Bay Heritage Conservation Area.

Designed by Wardle, the proposal would deliver a new residential tower comprising 88 build-to-sell apartments and 19 affordable apartments, alongside a separate co-living building with 57 rooms and a building manager's studio.

It would also see the significant restoration and upgrade of St Francis Xavier Catholic Church, the adaptive reuse of the former school building, new parish facilities, retail, a new public square and around 1,000 sqm of publicly accessible open space.

<img alt="Vinnies North Sydney" data-entity-type="file" data-entity-uuid="d5dd7f87-a617-463e-b577-17541e01f0e9" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-26%20at%209.10.13%E2%80%AFAM.png?VersionId=4R8TsFN3P_LrrXO2HswTOIrx2blil8lh" />

The project is seeking a concurrent rezoning of the site to R4 High Density Residential and an increase in the maximum building height to allow a tower reaching RL120, or up to 20 storeys. The proposal was progressed through the NSW Government's Housing Delivery Authority pathway.

The build-to-sell component will be weighted toward larger apartments, with just six one-bedroom apartments compared with 31 two-beds, 43 three-beds and eight four-bedroom residences.

The 19 affordable apartments will comprise two studios, 15 one-bedroom apartments and two two-bedroom apartments, taking the total apartment component to 107 residences before the 58 co-living rooms are included.

<img alt="Vnnies" data-entity-type="file" data-entity-uuid="7d568ca5-cb90-4e18-96c6-d9795dba0c56" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-26%20at%209.10.05%E2%80%AFAM.png?VersionId=GY2R5M9VtQh0EKy1vajaea19PSLOPuRD" />

Wardle's design for the Vinnies site has sought to negotiate that emerging high-rise context while retaining the lower-scale character of MacKenzie Street and the adjoining heritage conservation area.

The main building adopts a three-storey podium and tower arrangement, with the podium aligned to the ridgeline and front setback of St Francis Xavier Church.&nbsp;Wardle has designed the podium with colonnades, seating, recessed entries and active ground-floor frontages, with sandstone-toned precast concrete and face brick referencing the materiality of the existing church.

The tower then steps back eight metres to the south and six metres to the north before rising in a sculpted form comprising four interlocking quadrants. Wardle has also introduced rounded forms and chamfered corners to reduce the tower's perceived bulk and improve view sharing with neighbouring development sites.

Resident facilities and outdoor areas are planned at the separation between the podium and tower at Level 3, oriented toward Sydney Harbour and the CBD skyline.

The tower itself will feature a glass reinforced concrete facade, with recessed balconies and deep reveals used both to provide shading and privacy and frame views toward the harbour and city. The lower levels take a different architectural approach, using brick and sandstone-toned finishes intended to establish a stronger relationship with St Francis Xavier Church. The Church itself will be conserved and upgraded for its continued use, while the former school building will be adaptively reused as part of the co-living component.

<img alt="Lavendar Bay" data-entity-type="file" data-entity-uuid="2d4418ad-90aa-4d49-af93-c80b140aea80" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-26%20at%209.09.47%E2%80%AFAM.png?VersionId=Kv4gzbsACaGvZSRuaqcfGC54jEJRXIDJ" />

&nbsp;

The proposal adds to an increasingly concentrated pipeline of residential development around Blue Street, MacKenzie Street and Lavender Bay.

Just west of the site, Central Element lodged plans earlier this year for one of the most significant residential developments proposed in Lavender Bay in recent years.

Central Element's SJB-designed scheme at 64-66 Lavender Street and 3-7 Middlemiss Street would deliver 163 apartments across two towers rising 23 and 32 storeys, replacing five existing apartment buildings containing 32 homes. The project also forms part of the Housing Delivery Authority pathway.

<a href="https://www.apartments.com.au/news/nsw/first-look-central-element-reveals-lavender-bay-apartment-plans?utm_source=chatgpt.com" rel="noopener" target="_blank">First look: Central Element reveals Lavender Bay apartment plans</a>

Immediately around North Sy​dney Station, another two significant proposals have emerged at 5 and 15 Blue Street.

Zurich Australian Insurance Properties is seeking to adaptively reuse its longstanding commercial building at 5 Blue Street, directly above North Sydney Station, rather than demolishing the structure.

Its SSDA proposes converting the building into a 14-storey mixed-use development with 62 apartments and 86 co-living rooms, together with ground-floor retail and a major refurbishment of Blue Street Plaza. The application is currently at the Response to Submissions stage.

<a href="https://www.apartments.com.au/news/nsw/first-look-zurich-targets-north-sydney-office-conversion-with-148-unit-proposal-above-metro-station">First look: Zurich targets North Sydney office conversion with 148-unit proposal above Metro station</a>

&nbsp;

First look: Vinnies files for 20-storey Lavender Bay apartment tower as North Sydney housing pocket heats up

When the opportunity arose for South Australian developer Palumbo to return to Kent Town, where it had previously delivered East Park Apartments and the East 
Rundle Apartments, it wasn't one the longstanding developer-builder was going to pass up.

The decision was quickly vindicated, with more than 30 apartments sold within the first month of launching <a href="https://www.apartments.com.au/new-apartments/royal-apartments-kent-town-2-8-north-terrace-kent-town-sa-5067">Royal Apartments</a> to the market.

The 206-apartment development, which will bring significant new supply to Adelaide's tightly held eastern city fringe, also gives <a href="https://www.apartments.com.au/developers/palumbo">Palumbo</a> the opportunity to bring new life to one of Kent Town's most recognisable watering holes.

[smartcode_project:default project_id=6109 project_image_fid=376073]

Royal Apartments incorporates the historic Royal Hotel, a venue Palumbo Managing Director Daniel Palumbo said has a longstanding connection with the local community.

"Everyone in the area has history with the Royal Hotel," Palumbo told Apartments.com.au.

"It was quite an active pub and social gathering place for locals. We want to bring it back to its former glory."

[smartcode_project:default project_id=6109 project_image_fid=376072]

The wider development will comprise two residential towers alongside the restored hotel, sitting on North Terrace opposite the Adelaide Park Lands.

For Palumbo, the project also marks a return to familiar territory.

The developer completed East Park Apartments next door more than a decade ago and jumped at the opportunity to develop in Kent Town again when the Royal Hotel site became available.

"The opportunity emerged, and we moved to secure the site," Palumbo said.

"We were approached by the previous landowner, who said they had extensive commitments in Sydney and weren't in a position to deliver the project.

"We took over the site and within six months recut the design scheme to be more in keeping with the type of development we want to bring to Adelaide.

"Now we're on the market and those changes have really resonated with local buyers."

That has translated into a strong start to sales, with 33 apartments transacting in the project's first 35 days.

Palumbo said the early purchaser profile had been consistent with the group's traditional focus on owner-occupiers rather than investor-led apartment stock.

"Local owner-occupiers have always been our market," he said.

"There are always some investors, but we've never developed what would be called traditional development stock. Owner-occupiers are very much our market."

[smartcode_project:default project_id=6109 project_image_fid=376068]

The buyer mix has been diverse so far, with downsizers and younger professionals both accounting for a significant portion of early sales.

South Australia's current stamp duty settings, which allow&nbsp;eligible homeowners in South Australia aged 60 savings of up to $103,830 on stamp duty when they downsize to a new property valued at up to $2 million,&nbsp;have helped encourage downsizer activity, while younger buyers in their late 20s and early 30s have been attracted to the opportunity to live immediately outside the CBD while still being able to walk into the city.



Location has been a major part of the proposition for both buyer cohorts.

[smartcode_project:default project_id=6109 project_image_fid=376075]

Royal Apartments sits on North Terrace directly opposite the Adelaide Park Lands, with residents able to walk through the parklands toward the East End, Rundle Street and Rundle Mall.

Apartments have been positioned to capture views across the parklands, Adelaide skyline, Botanic Gardens and Adelaide Hills.

Palumbo believes the scarcity of developable land along this section of the Park Lands makes the site particularly difficult to replicate.

"There's very few allotments on that side that can be developed," he said.

"If this location was in New York and you were sitting on Central Park, you'd be talking about a $60 million apartments."

Royal Apartments will offer a broad mix of residences, ranging from one-bedroom apartments through to four-bedroom sub-penthouses and penthouses.

Current listings include one-bedroom apartments from $680,000, while larger three and four-bedroom residences are priced around $2.5 million.

Residents will have access to a swimming pool, gym, barbecue and recreation areas, residents' lounge and dining space, and a communal deck.

[smartcode_project:default project_id=6109 project_image_fid=376067]

The apartments will feature generous balconies, while secure parking, bicycle storage and storage cages will also be provided.

A porte-cochère-style arrival and drop-off area has also resonated with buyers, particularly those attracted to being able to walk into the CBD during the day while retaining secure vehicle access at home.

Palumbo is acting as developer, architect and builder on Royal Apartments, continuing the vertically integrated model it has used across its South Australian portfolio.

The group was also behind the $150 million Sofitel Adelaide, the 251-room five-star hotel and residential tower which opened in 2021.

Palumbo said Royal's launch had come at an interesting time for the broader Adelaide apartment market.

Buyer confidence had initially been impacted by uncertainty surrounding the Federal Budget and broader economic conditions, but Palumbo believes sentiment is beginning to improve against a backdrop of significant investment flowing into South Australia.

He pointed to increased activity across defence and resources, including Olympic Dam, as potential long-term drivers of the state's economy and housing market.

"Money is starting to flow into Adeliade, significant amounts as Adelaide bucks the trend of the rest of the country.," Palumbo said.

"There's a lot of activity in the economy over the next decade. I think more investment will come into this market."

Early works on Royal Apartments are expected to commence this year, with major construction activity and cranes anticipated on site from early next year.

[smartcode_project_cta:default project_id=6109]

Palumbo's return to Kent Town strikes early chord with buyers

Go-to builder-developer <a href="https://www.apartments.com.au/developers/graya">GRAYA</a> is continuing to bulk out its already impressive and diverse apartment portfolio across South East Queensland. Their latest milestone is securing development approval for Silk, its boutique riverfront apartment development in St Lucia.

The approval clears&nbsp;the way for the team to begin construction planning for the 22-residence project.

<a href="https://www.apartments.com.au/new-apartments/silk-st-lucia-16-18-sandford-street-st-lucia-qld-4067">Silk</a> will rise 15 levels from an 810 sqm site at 16-18 Sandford Street, occupying a prominent bend of the Brisbane River with a prized northern aspect across Orleigh Park toward the Brisbane CBD.

The approved scheme will comprise 16 split-floor and six full-floor residences, continuing GRAYA's move into larger-format apartment developments targeting Brisbane's prestige owner-occupier market.

The project has been designed around the site's broad river frontage and dual-direction views, with GRAYA prioritising larger residences, privacy and outlook over apartment yield.

<img alt="Silk St Lucia" data-entity-type="file" data-entity-uuid="aa5c2349-f96c-4914-a812-1f2cd6827af8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-26%20at%208.25.44%E2%80%AFAM.png?VersionId=WY0vEU_7vYjeRJKQHiCwFdMxu8PvFh52" />

GRAYA Co-founder and Chief Executive Officer Rob Gray said the project had been shaped around local homeowners wanting to remain in St Lucia without maintaining a traditional family home.

"St Lucia is one of those suburbs people do not want to leave," Gray said.

"They know the river, the trees, UQ, the golf course, Toowong and Indooroopilly, and that familiarity is hard to replace.

"True riverfront opportunities here are exceptionally scarce. What we have designed at Silk is a way to stay in the suburb people love, with the scale and privacy of a private home and far less to maintain.

"This is not typical apartment product. It is a proper home on the river, and that is exactly what this market has been missing."

The approval comes as new apartment development continues to increase across the St Lucia and neighbouring Toowong corridor, although direct riverfront sites remain considerably more tightly held.

GRAYA Co-founder and Managing Director Andrew Gray said securing the approval had removed a significant element of development risk from Silk.

"Genuine riverfront sites of this quality in St Lucia are not something that comes up regularly," Gray said.

"The approval removes a substantial layer of execution risk, and the location underwrites demand in a way very few inner-city sites can.

"The fundamentals here are as strong as anything we have assessed in Brisbane."

<img alt="Silk St Lucia" data-entity-type="file" data-entity-uuid="d0f3d734-65e1-48e8-8ed3-2e0715ffcdd9" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-26%20at%208.25.56%E2%80%AFAM.png?VersionId=sOLSs_jdHkXLWbBKzRyayf5BfTb2vPsD" />

Silk will see GRAYA return to a stretch of the Brisbane River where it already has recent construction experience. The vertically integrated group recently completed ARC in neighbouring Toowong as builder for developer Spyre, delivering the riverfront project on a constrained site.

GRAYA will take a different role at Silk, controlling the project from design and development through construction and aftercare under its vertically integrated model.

The development will include a gym and resident leisure areas at ground level, integrated with the river's edge.

Silk joins a growing pipeline for GRAYA across Brisbane and the Gold Coast, which includes Enclave, The Gallery, Coral and Ripple.

The developer-builder has also recently lodged plans for its largest project to date, <a href="https://www.apartments.com.au/new-apartments/the-silo-19-chester-street-newstead-qld-4006">The Silo</a>, a proposed <a href="https://www.apartments.com.au/news/qld/graya-buys-frasers-newstead-site-plans-the-silo-between-james-street-and-gasworks-precincts">$700 million mixed-use development</a> in Brisbane's James Street precinct.

Silk is expected to predominantly target local owner-occupiers and prestige buyers seeking a permanent riverfront home in Brisbane's inner west.

Registrations of interest are now open, with further details on the project and construction program to be released as it progresses.

<hr />
<h2>SILK PROJECT FACTS</h2>

Developer-builder: GRAYA

Project: Silk

Location: 16-18 Sandford Street, St Lucia

Apartments: 22

Built form: 15 levels

Site: 810 sqm riverfront holding

Mix: 16 split-floor and six full-floor residences

Status: Development approved

Next step: Construction planning underway

[smartcode_project_cta:default project_id=152168]

GRAYA greenlit for riverfront St Lucia apartment development, Silk

Palm Beach

<html><body>
The Scali family have $7 million-plus price hopes for their beachfront property at Palm Beach.
The 560-square-metre block of land is on Snapperman Beach overlooking Pittwater.
The Iluka Road property was bought by Nick Scali in 2013 for $4.43 million from property developer Denis O’Neil.
The Scalis had previously paid $7.5 million for the O’Neil’s designer residence next door, a seven-bedroom residence designed by architect Walter Barda.
David Edwards, of LJ Hooker Palm Beach, has set a guide of $7 million to $7.5 million ahead of its May 18 auction.
Ilk Road's last sale was $9.2 million late last year for the beachfront house bought by restaurant entrepreneur John Szangolies and his wife Heather.
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firstname1-iYD4UYzvBa

Scali family list Palm Beach weekender

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Jill Wran, wife of the late NSW Premier Neville Wran, has sold her 1930s Palm Beach retreat.
And unlike many of the peninsular's sellers, she even made a small profit on the sandy beachfront. 
She bought Hibiscus Cottage in post-global financial crisis 2009 for $6 million, and sold in a recent hush hush off-market sale for $6.95 million.
Wran had been telling close friends it was her last summer at Palmie.
It sold to Watsons Bay property developer Andrew Wiesener, who founded Crownland Developments in 1994.
The Waratah Road property had been the long held home of Stanley Henderson, one of the brothers who ran Hendersons The Silk Centre in Pitt Street, ands his wife, Dinah.
They sold it for $4.5 million in 2003 to the mining magnate Nick Curtis and wife Angela.
When Wran bought the home in 2009, it was the first Waratah Road beachfront property offered for sale in the prior 12 years.
The traditional three bedroom, two bathroom cottage sits at the north end of Palm Beach.
Open plan living drifts out to covered patio and level lawn.
There's also a boatshed and slipway on the 613 sqm parcel.
Wran, a former literary agent, has been involved in extensive legal proceedings involving family.
Her late husband's will has been contested, and their daughter Harriet, was recently released from prison following a two year sentence.
She remains at home at Woollahra where she and Neville bought in 1982 for $595,000.
This article first appeared in the Daily Telegraph.
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Jill Wran sells 1930s Palm Beach retreat

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Restaurant entrepreneur John Szangolies and wife Heather have continued their Sydney property spree, this time spending $9.2 million in Palm Beach.
They have recently settled on the five bedroom, four bathroom Iluka Road waterfront.
Szangolies spent $16.2 million on Tivoli Villa, the former Rose Bay trophy home of "Melbourne Mick" Bartley in August last year.
The German born form nightclub owner is the founder and CEO of the Urban Purveyor Group, the largest restaurant group in Australia.
They own more than 26 award-winning and critically acclaimed dining and entertainment venues, including the Bavarian Bier Café chain and Fratelli Fresh.
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Restaurant entrepreneur John Szangolies buys in Palm Beach

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The Palm Beach apartment of Paspaley Pearl family's Roslynne Bracher sold for $1.95 million prior to auction. It was bought by Beth Hartley and John Kellow.
Roslynne is the daughter of Nicholas Paspaley, founder of Paspaley Pearls, the largest and oldest pearling company in Australia.
The three bedroom apartment was sold through LJ Hooker Palm Beach agent David Edwards.
Bracher purchased the property in 2003 for $900,000 and renovated the home with Thomas Hamel interiors. 
She was expecting $1.9 million plus for the apartment.
Roslynne and her sister Marilynne Paspaley rank among the country's wealthiest women.
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Palm Beach unit of Paspaley Pearl's Roslyn Bracher sold

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The mystery buyer of former ANZ banker Steve Bellotti's Palm Beach retreat are fellow Mosman residents, Kellie and Stew Bailey.
The bullish beachfront price has been revealed at $12.3 million.
Stew Bailey is best known having sold The Bailey Group, co-founded with his brother Matt, to the Photon Group for $36.8 million in 2004. He remained at Photon as managing director of the field marketing division. 
Bellotti and Bailey reputedly did the deal over dinner.
Bellotti, ANZ’s then managing director of global markets, had paid $8.4 million in 2011 to dentist Graham O'Neil for the 558-square-metre holding with an architect-designed two-storey, five-bedroom beach house complete with boat and watercraft storage area with hydraulic floor lift.
It ranks among the few Iluka Road properties with title to the high-water mark, whereas the other properties are mostly reserve frontage overlooking Pittwater.
Its latest sale ranks as the second highest sale on Iluka Road, still some way short of the $15 million street record set when Uncle Toby's founder, Doug Shear bought Anakela from the late grocer tycoon Jim Fleming and his widow Angela in 2007.
The highest sale in the interim was when AC/DC founding member Malcolm Young and his wife O'Linda spent $10 million in 2014.
Round on the oceanside, the Toohey hotelier family have finally sold their longtime Palm Beach weekender, Tigh na Mana.
It has been in the family for more than five decades, selling at a little less than its $3.95 million revised asking price through Christie's International.
Tigh na Mara, one of only 20 properties fronting Ocean Road, last traded for £19,000 in the early 1960s.
The family patriarch Vincent James Toohey - who built the original Time and Tide Hotel in Dee Why - secured 15 Ocean Road with his wife Irene.
The beach house on 900 square metres is directly opposite the sand.
More than $4.9 million had been initially sought. 
It was 1981 when the late Kerry Packer broke through the suburb's million-dollar threshold with his $1 million purchase from the MacCormick family. 
His daughter, Australia's newest billionaire Gretel Packer secured the Palm Beach retreat in the recent settlement that divvied up the assets from the family's vast fortune.
The bungalow on its well-shaded 4000 sqm beachfront reserve holding was transferred recently with a notional $24 million value.
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Bellotti buyer revealed

<html><body><div class="domain-article-share-panel is-sticky">
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The Melbourne model Megan Gale pulled her Palm Beach getaway from recent scheduled auction, unable to find any $3.5 million plus buyers in the somewhat over-saturated northern beaches market.
Gale has owned <a href="https://www.realestate.com.au/property-house-nsw-palm+beach-120894541" target="_blank">the two level Ralston Road property</a> since late 2006, buying it for $3.2 million in her mother May’s name.
There are 50 Palm Beach houses advertised on realestate.com.au.
Her five bedroom, five bathroom home was purchased after she returned from her seven-year modelling stint in Italy.
Offered with approval for an extension, its has been renovated over recent years.
Set in the shadow of the watertower, it has views to the Barrenjoey Lighthouse.
It was listed through Century 21 Avalon agent Stephanie Hammond with expectations of more than $3.5 million.
Any sale with see Gale empty her Sydney property portflio as Gale’s Tamarama property was sold in 2012 for $3 million, and her former Bondi Beach home sold in 2007 for $1,025,000.
This article was first published in the Sunday Telegraph.
 
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jchancellor-FAypfDUnLy

No buyer found for Megan Gale's Palm Beach getaway

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The former Palm Beach retreat of the bankrupted English venture capitalist Morten Weaver has been listed for mortgagee auction.
He didn't get to built a castle on the beach at <a href="https://www.realestate.com.au/property/1127-barrenjoey-rd-palm-beach-nsw-2108" target="_blank">1127 Barrenjoey Road</a>, unlike Koombahla, his prior hillside Palm Beach home which some called Osama bin Laden's hideaway given its Islamic influencers. 
Weaver, who was credited as making a $3.5 billion fortune for clients, had paid $5.5 million in 2006 with his late partner, when it was bought from Jonathan Cary, the New York-based investment banker. 
LJ Hooker listing agent David Edwards is telling buyers to expect $5 million plus at its September 3 auction.
Recent court proceedings heard the property had been valued at $4.8 million, which secured borrowings of some $5.8 million, with interest accruing at $36,000 per month.
The beachfront 1127 Barrenjoey Road property last traded with as yet unrealised development plans by architects Tobias Partners.
Overlooking the waters of Snapperman Beach, the property has title to the sand.
Weaver sold Koombahla to Chris and Amanda Athas of Surfection in 2005 for $5.9 million. Weaver had wanted about $7 million for his resort-like Koombahla, the Bynya Road 2400sqm hillside holding with a six-bedroom Michael Robilliard-designed house.
Morten Weaver was a longtime director of the Australian venture capital firm, Allaway Hawker Williams.
Prior to joining Allaway Hawker Williams he was part of the Silicon Valley start up team that took CBT Systems to a $2 billion NASDAQ listing in 1995.
He has given his most recent address as Chatswood in his bankruptcy paperwork to Nicholas Malanos at Worrells. He gives his occupation as unemployed.
He has also lived in Tasmania's northern midlands. 
This article was first published in the Saturday Daily Telegraph.
 
 
 
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Morten Weaver in Palm Beach mortgagee auction

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The former fashion designer Jodie Boffa and her ad executive husband Matt McGrath have downsized their Palm Beach retreat to a 1970s home close to the beach. 
They secured $7.2 million from the former mining executive Geoff Plummer and his wife Linda for their hillside double block.
Boffa and McGrath, chief brand officer at Network Ten, had bought the 1,770 square metre property in 1998 for $1.75 million
It became the holiday rental,The Paramount.
David Edwards, of LJ Hooker Palm Beach, secured the sale.
The couple have spent $3.7 million closer to the beach. <a href="https://palmbeach.ljhooker.com.au/2YWF6Z/26-palm-beach-road-palm-beach" target="_blank">It had been listed with $4.3 million hopes</a> late last year.
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Nearer the beach, but 70s Palm Beach downsize for Jodie Boffa and Matt McGrath

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Billbabourie, the redundant Palm Beach home set above the Bible Garden, has been sold by rag trader Bob Locke.
The 1950s home on 1037 square metres at 67 Pacific Road was bought by Locke in 2006 for $4.5 million. 
<a href="https://www.realestate.com.au/property-house-nsw-palm+beach-119515487">Glenn Lee of Raine &amp; Horne Palm Beach</a> secured the sale, but is under instructions not to reveal details.
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