Within <a href="https://www.apartments.com.au/new-apartments/candela-ivanhoe-40-upper-heidelberg-road-ivanhoe-vic-3079">Candela Ivanhoe</a>, <a href="https://www.apartments.com.au/developers/salter-brothers">Salter Brothers</a>&nbsp;takes a different approach to larger residences, moving away from the constraints of a single level.

In Grand Residence 3.05, known as the Lustre, plays out across two levels, with a mezzanine configuration that is uncommon in apartment living.

Lustre is a four-bathroom residence where the layout creates a clear distinction between shared and private zones, with uninterrupted views toward the Dandenong Ranges extending the sense of openness from the main living areas.

Entry is to the primary living level, where the kitchen, dining, and living areas are arranged as one continuous space. Timber flooring runs throughout, with a fireplace set within the living zone. Full-height glazing brings in natural light, supported by double glazing that improves thermal performance.

[smartcode_project:default project_id=342 project_image_fid=357506]

The kitchen is configured as both a working and social space. A large island bench provides seating, while a walk-in pantry extends storage beyond typical apartment expectations.

Gaggenau appliances, including a 900mm gas cooktop and 600mm oven, are integrated into a layout that connects directly to the adjacent dining and living areas, and outward to the terrace. This balcony includes a built-in BBQ, reinforcing the apartment’s capacity to accommodate larger gatherings without compromising internal space.

A dedicated laundry room, powder room, and a wine cellar area sit discreetly off the main living zone, ensuring that functional requirements are resolved without encroaching on primary living areas. The master suite is also located on this level, designed as a retreat with a walk-through wardrobe and an ensuite that includes double vanities, a bath, and a dedicated dressing table.

[smartcode_project:default project_id=342 project_image_fid=357508]

The mezzanine level introduces a second layer of living, rather than simply additional bedrooms. Two large bedrooms with built-in robes are positioned alongside a central bathroom, while a secondary lounge and study area create a self-contained zone suited to children, guests, or extended family. A large storage room further supports long-term usability, addressing a common shortfall in apartment design.

This separation of levels is central to how the residence functions day-to-day. It allows the lower level to operate as the primary entertaining and living space, while the upper level provides privacy and flexibility. The result is closer in feel to a townhouse or standalone home, but with the benefits of apartment living, security, and low maintenance.

[smartcode_project:default project_id=342 project_image_fid=364553]

Candela is close to 80 per cent complete, with Ironside delivering construction ahead of its expected October 2026 completion. The development comprises 58 residences, with a strong owner-occupier profile and a mix of one to four-bedroom apartments and loft-style townhouses.

Candela has exclusive access to private amenities, including a residential lounge and rooftop terrace. A charming café and a lifestyle wellness centre are located on the ground level, designed to foster community connection and extend the living experience beyond individual apartments without competing with the scale of homes like Lustre.

Candela, positioned in the heart of Ivanhoe Village, reinforces the practicality of the address. With a Walk Score of 90, residents are within immediate reach of cafés, retail, parklands, and Ivanhoe Station, while also benefiting from proximity to established schools and healthcare services.

[smartcode_project_cta:default project_id=342]

Joel Robinson

Inside Lustre: Grand Residence 3.05 at Candela Ivanhoe

<a href="https://www.apartments.com.au/developers/milieu-property">Milieu</a>’s <a href="https://www.apartments.com.au/new-apartments/elsternwick-gardens-by-milieu-8-gordon-street-elsternwick-vic-3185">Elsternwick Gardens</a> is being shaped around a simple but increasingly rare premise in apartment development: that the built environment should actively support residents’ wellbeing.&nbsp;

Located on the former ABC Studios site on Gordon Street in Melbourne’s south-east, the new neighbourhood sits on an expansive 11,740 sqm site neighbouring the heritage-listed Rippon Lea Estate, whose gardens date back more than 140 years.

Rather than positioning wellness as an add-on amenity, the development integrates it into the physical planning of the site. Architecture by <a href="https://www.apartments.com.au/architects/woods-bagot">Woods Bagot</a> is arranged across six low-rise buildings set within extensive landscaping designed by <a href="https://www.apartments.com.au/landscape-architect/oculus">OCULUS</a>, with more than 40 per cent of the land dedicated to gardens and green space. Walking trails, pocket gardens, and mature trees are threaded between buildings, creating a network of green corridors that encourage residents to move through the precinct on foot and spend more time outdoors.

[smartcode_project:default project_id=136535 project_image_fid=288420]

Milieu has intentionally framed these gardens as an extension of the neighbouring Rippon Lea Estate. More than 16,000 new plants will be introduced across the site, with species carefully selected to protect and complement the area’s ecological significance. The approach focuses on strengthening existing environmental conditions while establishing new habitats that support native wildlife, reinforcing the role of the landscape as both an active ecosystem and a defining element of daily life.

A private resident gate will provide direct access to the historic grounds during opening hours, allowing residents to move seamlessly between the development’s landscaped gardens and the estate’s expansive lawns, lakes, and mature trees. The project’s gardens will also be maintained by the same gardeners responsible for Rippon Lea, reinforcing the visual and ecological continuity between the two landscapes.

Complementing the landscape is a dedicated wellness hub designed to support everyday health and recovery. Residents will have access to a gym alongside yoga and Pilates studios, while mineral pools and infrared saunas provide spaces for relaxation and restorative wellbeing. Shared lounges, workshop spaces, and pet care facilities expand the concept of wellness beyond fitness, creating opportunities for social connection and community interaction within the precinct.

Environmental performance is another key component of the project’s wellbeing focus. Elsternwick Gardens will be entirely fossil-fuel-free, with homes designed to operate on renewable electricity rather than gas. Passive design strategies, including cross-flow ventilation, high-performance insulation, and thermally broken double glazing, are intended to maintain comfortable indoor temperatures while reducing energy demand. Solar photovoltaic systems will power common building services, while rainwater harvesting will help irrigate the extensive landscaping across the site.

[smartcode_project:default project_id=136535 project_image_fid=361030]

Milieu Founder and Managing Director Michael McCormack says the scale and setting of the project allowed the team to take a different approach to urban apartment living.

“This site represents a once-in-a-lifetime opportunity to build something truly special,” McCormack says.

“Through that process, we arrived at a design that centres on a fully realised natural landscape – a series of private, interconnected gardens that encircle the homes and extend seamlessly from Rippon Lea Estate.”

Elsternwick Gardens will comprise three residential offerings, Gordon Place, Ripponlea Terrace, and The Garden Pavilion, each designed for owner-occupiers and shaped around high-quality interior design by Woods Bagot, K.P.D.O., and Flack Studio. The first stage, Gordon Place, includes one-, two-, and three-bedroom apartments designed with a strong focus on indoor-outdoor living and sustainability.

[smartcode_project:default project_id=136535 project_image_fid=288412]

Milieu recently appointed <a href="https://www.apartments.com.au/builders/brady-constructions">Brady Constructions</a> to deliver the project, marking a key milestone for the development. The appointment follows the demolition of the former studio buildings on the Gordon Street site, with construction progressing toward the delivery of the nature-led community.

Situated between the established villages of Elsternwick and Ripponlea, the development balances its garden setting with strong urban connectivity. Residents will be within walking distance of cafés, restaurants, and local retail, while nearby train and tram connections provide quick access to Melbourne’s CBD and the beaches of Elwood and St Kilda.

With construction underway and the first residents expected to move in by early 2027, Elsternwick Gardens represents a growing shift in apartment development toward environments that prioritise wellbeing as much as density or location. By placing landscape, sustainability, and shared spaces at the centre of the design, Milieu is positioning the project as a residential neighbourhood where wellness is not just promoted, but built into the structure of everyday life.

[smartcode_project_cta:default project_id=136535]

Elsternwick Gardens' wellness-first design strategy

Brisbane-based developer <a href="https://www.apartments.com.au/developers/red-co">Red &amp; Co</a> has made a striking debut on the Gold Coast, officially unveiling its $250 million COMO development in Varsity Lakes, a lifestyle-driven residential project anchored by an extensive rooftop wellness and activity precinct.

Having recently launched to market, construction has already been fast-tracked by <a href="https://www.apartments.com.au/builders/5point-projects">5Point Projects</a>, ensuring momentum continues on what is set to become a landmark residential address for the growing Varsity Lakes community.

Located at 22 Lake Street, Varsity Lakes, <a href="https://www.apartments.com.au/new-apartments/como-varsity-lakes-22-lake-street-varsity-lakes-qld-4227">COMO</a> will comprise 156 apartments across 16 levels, comprising one-, two- and three-bedroom residences designed for modern living. However, it is the project’s rooftop amenity offering that sets COMO apart.

[smartcode_project:default project_id=135546 project_image_fid=363510]

Designed as a dedicated wellness and recreation hub, the rooftop will feature a 25-metre lap pool, fully equipped gymnasium, and multiple pickleball and paddleball courts - amenities rarely seen in boutique apartment projects.

Residents will also have access to a sauna and plunge baths, while landscaped gardens and relaxation zones will provide tranquil spaces overlooking sweeping panoramic views across the Gold Coast skyline.

The rooftop precinct has been designed to function as the social and wellness heart of the development, encouraging residents to embrace an active, balanced lifestyle within their own building.

&nbsp;

[smartcode_project:default project_id=135546 project_image_fid=363512]

Red &amp; Co director David Laverty said the amenity offering was central to the project’s design from the outset.

“Amenities were at the forefront of our decisions,” Laverty said.

“Buyers today are looking for more than just an apartment - they want a lifestyle that promotes health, connection and balance.

“The rooftop at COMO has been designed to be the epicentre of that lifestyle, with a suite of wellness and recreation facilities that are quite unique for a boutique development of this scale.”

&nbsp;

[smartcode_project:default project_id=135546 project_image_fid=363514]

Designed by <a href="https://www.apartments.com.au/architects/bda-architecture">BDA Architecture</a>, the residences prioritise liveability, featuring spacious layouts, 2.7-metre ceilings and high-quality finishes throughout.

The development sits beside Bond University, placing residents within walking distance of education, retail and dining options within the vibrant Varsity Lakes precinct, including Robina Town Centre, Varsity Lakes Train Station and a range of leading schools.

[smartcode_project:default project_id=135546 project_image_fid=363511]

Laverty said the location was a key driver behind Red &amp; Co’s decision to bring the project to the Gold Coast.

“<a href="https://www.apartments.com.au/developments/varsity-lakes-qld-4227">Varsity Lakes</a> was a clear choice for us to invest in as it’s a lifestyle hub that seamlessly blends lakeside living with urbanity,” he said.&nbsp;

“Como will capitalize on this great location, delivering a project that not only creates premium homes, but a lifestyle defined by community, wellbeing, and connectivity.”

Red &amp; Co has delivered more than 500 apartments and townhouses across 26 projects in Brisbane in recent years, with COMO marking the company’s first major Gold Coast development.

[smartcode_project_cta:default project_id=135546]

Red & Co unveils amenity-rich Como development in Varsity Lakes

Gold Coast developer&nbsp;<a href="https://www.apartments.com.au/developers/big-projects">Big Projects</a> has secured approval for its second Mermaid Beach project.

The developer, currently selling <a href="https://www.apartments.com.au/new-apartments/the-frederick-mermaid-beach-2265-gold-coast-highway-mermaid-beach-qld-4218">The Frederick in Nobby Beach</a>, has secured approval for its next project just 1.5 kilomnetres up the road.

The new development, dubbed&nbsp;<a href="https://www.apartments.com.au/new-apartments/glenelg-residences-2462-2472-gold-coast-highway-mermaid-beach-qld-4218">Glenelg Residences</a>, has been designed by BDA Architecture and&nbsp;will have just under 100 apartments across an 11-storey building&nbsp;at 2462–2472 Gold Coast Highway, on the corner of Glenelg Avenue just under 300m from the future Mermaid Beach Light Rail stop.

The apartments, a mix of two- and three-bedrooms, will sit above a retail-focused ground plane and under extensive rooftop resident amenities.

<img alt="Exclusive: Big Projects plot Mermaid Beach apartment development, Glenelg Residences" 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/Screen%20Shot%202024-06-11%20at%209.55.04%20am.png?VersionId=z6NV4izeuvhBSSVlY6vK6TPO1LxrFeaG" />

BDA said in its planning submission that the project is intended to support the area’s transition toward higher-density, mixed-use living. “This project offers the opportunity to generate appropriate higher-intensity development within the future Light Rail corridor of <a href="https://www.apartments.com.au/developments/mermaid-beach-qld-4218">Mermaid Beach</a>,” the submission noted.

At ground level, Glenelg Residences will include eight retail tenancies designed to activate the street frontage, complemented by a basement bar offering an additional hospitality element. Above, residents will have access to a rooftop amenity deck featuring an infinity pool, hot and cold plunge spas, day beds, and barbecue facilities.

The architectural approach adopts a restrained material palette of brick, textured concrete, and integrated landscaping, with cantilevered concrete frames and cascading planting intended to soften the built form. BDA described the design as aiming to create “a memorable sculptural mid-rise mixed-use building” that responds to both its coastal setting and urban context.

<img alt="Exclusive: Big Projects plot Mermaid Beach apartment development, Glenelg Residences" 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/Screen%20Shot%202024-06-11%20at%209.55.45%20am.png?VersionId=cpjIVBqcT_sujmo2UMWkVyLcQ7WGJHaQ" />

The approval comes as the City of Gold Coast continues to plan for significant population growth, with regional targets requiring more than 100,000 new high-density dwellings by 2046.

<section data-scroll-anchor="false" data-testid="conversation-turn-36" data-turn="assistant" data-turn-id="request-WEB:55d7c6ac-8e6d-4881-ad49-0ed9bf66d1cc-17" dir="auto">
Big Projects, led by Matthew and John Barrett, is part of a growing cohort of developers that deliver construction in-house, providing a high level of confidence to prospective purchasers.
</section>

[smartcode_project_cta:default project_id=150260]

Big Projects secures approval for Glenelg Residences in Mermaid Beach

Sherpa Group is ramping up its investment in the southern Gold Coast by lodging a development application for <a href="https://www.apartments.com.au/new-apartments/flourish-viver-87-griffith-street-coolangatta-qld-4225">Flourish Viveré</a>, a new $350 million project in Coolangatta.

The move comes after the group’s $27 million acquisition of the 2,029 sqm site on the corner of Griffith and Warner Street, last year.

They will develop 194 apartments across a 26-storey tower, which will become Sherpa’s largest project to date.

Viveré will be the next chapter in the Flourish story, following closely behind Amargo, Oasis, and the Avenues in Palm Beach, as well as Symphony in Brisbane, all designed to deliver affordable housing in lifestyle-rich locations, giving locals a real chance to secure a residence close to the beachfront.

The HAL Architect-designed project will offer a diverse range of residences, from one-, two, and three- bedroom apartments to the premium Canopy range to luxury penthouses.

<img alt="Vivere" data-entity-type="file" data-entity-uuid="c85f5a7e-a22f-4745-8def-400adb3c0b35" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-04-15%20at%209.53.43%E2%80%AFAM.png?VersionId=OY.chur3BPExn1exQ2q8clHqWnW_CaBi" />

“The Gold Coast is undergoing a period of immense growth, with more people drawn to the incredible 
lifestyle that’s available, leading to strong growth in property prices,” said Christie Leet, founder of Sherpa 
Group.

“Our goal at Sherpa is to ensure locals are not priced out of the market in prime locations, which is why we 
created the Flourish collection.

“Flourish Vivere will form the next chapter in our portfolio, and we are so excited to be lodging the DA, marking our first project in Coolangatta.”

A signature of the Flourish developments is the communal rooftop. Flourish Vivere will showcase a private resident’s lounge, outdoor dining with barbecues and pizza ovens, heated pool, fully-equipped gym, and a wellness centre with sauna and steam room.

<img alt="Vivere" data-entity-type="file" data-entity-uuid="c09372cc-aae6-4458-af2e-f291bd19a5e5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-04-15%20at%209.53.49%E2%80%AFAM.png?VersionId=Sc_RLXl5jiff.tnadogXjQJ_WIpDjf3p" />

The project is strategically located to offer a walkable lifestyle, with the Strand shopping centre, cafes, restaurants, shops and the beach, all just a short stroll away.

“We have meticulously planned Vivere to build on the Flourish legacy, creating a truly special project,”&nbsp;Leet added.

“Wellness, lifestyle and community are at the forefront of every decision we make, and that has not 
changed for Vivere.”

With the DA now lodged with the Gold Coast City Council, Sherpa has moved quickly to secure LPS Group as the builder, offering buyers a level of certainty that is rarely seen in today’s market.

Sherpa has delivered 16 residential projects over the past seven years with a pipeline of $1 billion, with more under construction.

Sherpa takes Flourish brand to Coolangatta, lays plans for Flourish Vivere 

Property Sale

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The City of Sydney has sold Stockton House in Darlinghurst for around $7 million. 
Miron Solomons, Matt Pontey and Nick Lumley of Colliers sold the property at 73-75 William Street in Darlinghurst, close to Hyde Park on the city fringe.
The three level, 908 square metre building is currently unoccupied, presenting an attractive opportunity to reposition the building and to take advantage of the exceptional position, the agents said. 
“The campaign attracted significant and strong interest with over 80 inspections of the property from a range of developers, investors and owner occupiers both onshore and off,” said Miron Solomons, National Director, Investment Services at Colliers International.  
“Ultimately, the price and unconditional terms proposed by the successful candidate were acceptable to the City of Sydney and has delivered an exceptionally strong result for the City and future of William Street.”  
The sale of Stockton House has delivered a timely outcome for the City as the city fringe commercial office market continues to experience some of the strongest trading conditions with vacancy rates some of the lowest experienced in years, Matt Pontey, Manager at Colliers International said.
“The outcome and candidate that has been successful, will deliver a beautifully appointed commercial asset to the city fringe that will present a unique offering to the leasing market,” said Pontey. 
“This building is a complete blank canvas and a value-add proposition which explains the high interest in this well-located, quality asset.
“There is strong demand for commercial property in the city fringe, evidenced by the auction of Watters Gallery which we sold at auction two months ago for $5.5 million.”
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City of Sydney sells unoccupied Stockton House, Darlinghurst for $7 million 

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The former Commonwealth Bank chief David Murray has expanded his Upper Hunter farm holdings.
He has spent a further $8.7 million in the Merriwa district.
His wagyu cattle station acquisition was once part of Brindley Park, the vast farm owned by pioneering pastoralist James Brindley Bettington in the 1800s.
It was 2013 when Murray first bought a slice of the historic estate with his $2.95 million outlay on The Dales homestead (above).
The sale ended 178 years of ownership across five generations by the pioneering farming family.
The Hunters Hill-based Murray also spent $4.7 million on another chunk of grazing land.
Now four years on his latest purchases of $2,263,000 and $6,479,000 takes his aggregation of the former Brindley Park estate to over $15 million.
MacCallum Inglis agent Michael Burke sold the latest offering on behalf of the vendors, the beef and lamb producer Crown State.
Crown State is ultimately controlled by Sherwell Holdings, a company based in the British Virgin Islands. It's directed by the Los Angeles-born, Rose Bay resident, Jon Choi.
Murray was the inaugural chairman of the Australian Government Future Fund Board of Guardians and served for six years.
Before the Future Fund, Murray was the chief executive officer of the Commonwealth Bank of Australia for 13 years.
During his tenure CBA transformed from a partly privatised bank with a market capitalisation of $6 billion in 1992 to a $49 billion integrated financial services company.
This article first appeared in the Sunday Telegraph.
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David Murray buys more historic Merriwa farm holdings

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Fractional property investing platform BrickX has jumped on to the financial year-end sale by waiving the transaction fees for buying or pre-ordering ‘bricks’.
The sale is on only for two days, June 29 and June 30.
The company charges a the transaction fee of 1.75% on every purchase of ‘Brick’ or while selling ‘bricks’.  
<a href="https://www.brickx.com/properties" target="_blank">BrickX</a> puts properties into an individual trust and splits each one into 10,000 units or ‘Bricks’ which investors can then buy or sell.
While the fee would be waived for purchases and will be fully funded by BrickX from its own funds and will not be sourced from the assets of the BrickX Platform or any BrickX Trust, selling bricks would still attract the charge.
BrickX bought several properties in the last three months and opened them up to investors. 
The ‘bricks’ from its recent purchases in Sydney’s Surry Hills, Darlinghurst, Potts Point and Manly were snapped up by investors within hours.
You can pre-order Bricks in Brunswick West with no transaction fee on the pre-ordered Bricks that will transact on the Settlement Date (scheduled for 30th June 2017) which is during the EOFY Special Offer period.
Its most recent property — a three-bedroom terrace home in Melbourne’s Brunswick — shows 21% ‘bricks’ reserved so far.
The 10 Shamrock Street property was launched for pre-orders on June 23 at $99 a ‘brick’. BrickX has opened pre-orders for the property with no transaction fee with settlement on June 30.
The three bedroom, two bathroom terrace with an undercover carport on Shamrock Street boasts a courtyard along with a private rooftop garden off the master bedroom.
The 169 square metre property's selling price was $1,190,000, according to CoreLogic. It was sold through Nelson Alexander Real Estate Brunswick.
It last traded for $371,750 in 2003.
 
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jonathanchancellor-7SQnKwU6yx

BrickX waives transaction fee for 'bricks' in end of financial year sale

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The Mudgee property, Wilbetree has been sold.
<a href="https://www.realestate.com.au/sold/property-mixed+farming-nsw-mudgee-7886762" target="_blank">The highly productive 370 hectare farm</a> fetched $5.2 million when offered for sale for the first time since the early 1820's.
With approximately 300 acres of alluvial flats and a further 613 acres of rolling mostly arable grazing land "Wilbetree" is renowned for lucerne hay production, fat cattle and cropping.
The main homestead enjoys an elevated position amid three acres of established gardens.
With buildings dating back to 1824, it is one of Mudgee's most substantial and oldest homes.
Additions were carried out in the 1980s.
"Wilbetree is arguably one of the finest properties ever offered for sale in the Mudgee district," the marketing by Andrew Blackman at Mudgee First National advised.
 
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Mudgee property, Wilbetree sold

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Greenacres, the former Sutton Forest home of the late veteran ad man Michael Ball, and his widow, Daria has been sold for $3.3 million.
The house contents went up for sale last weekend grossing about $800,000.
The sale of<a href="https://www.propertyobserver.com.au/https://bowral.randw.com.au/rural-for-sale/0000246873" target="_blank"> the 40 ha Hume Highway property</a> was handled by his executor, Daniel Gilbert after being listed through Michael Maloney at Richardson &amp; Wrench. 
The home had initially been listed unsuccessfully with $3.1 million hopes in 2014.
Set behind stately electric gates, the custom built, five bedroom brick home at the end of a tree lined bitumen driveway.
Ball had paid $1.9 million for the property now with country-style homestead that sits in manicured gardens, with paddocks, four dams and cattle yards.
He made headlines in 2007 when he sold his old Sutton Forest estate for $15 million to television industry pioneer Reg Grundy. The 200ha hobby farm retains the mantle of the district's record price.
There were also headlines when he sold a beef cattle property in 2011 for $8.5 million to Aurelius Rural, which unbeknown to Ball was a shelf company for Hume Coal. Ball later said he would never have sold if he had known Hume Coal was the buyer.
There is an auction includes some of Michael's various collections, everything from ancient fossils to 17th century English maps.
Opening bids on some items begin at $200 stretching to $25,000 estimate for a marble statue of a Roman maiden by Benjamin Edward Spence.
A pair of 18th Century Qing stone lions are tipped to sell at $5000 plus.
After spending much of his career overseas and in Asia, Ball's collection reflects his international life during which he founded one of the world's most creative agency brands, The Ball Partnership after having worked for industry legend David Ogilvy.
This article first appeared in the Sunday Telegraph.
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House, contents of former ad man Michael Ball sold

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Rumours abound the Presbyterian Church Property Trust has paid more than $15 million for a 6000sqm beachfront site that includes Sydney's Primrose House at Dolls Point, Botany Bay.
The site, 190 Russell Avenue at Dolls Point is zoned R2 Low Density Residential and part RE1 Public Recreation.
The sale by Government Property NSW, was made through Savills director, Residential Site Sales, Stuart Cox, who said the vendor declined to comment on the confidential sale price.
"The sale was hotly contested by a vast array of buyers including function and wedding venue operators," he said.
"High net worth individuals looking to restore the existing home to its former glory, residential developers, child care operators, hotel operators and schools were also among the bidders.
"Rarely does a circa 6000 square metre parcel of beachfront land situated within such close proximity to the Sydney CBD and all local amenities, get offered to the market.
"This was one of those rare occasions and the market response was predictably enormous with the purchaser paying well above expectations,’’ Mr Cox said.
 
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6000 sqm Dolls Point church site on Botany Bay sold for $15 million

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A 779 square metre double storey building circa 1860 in the South Australian town Kapunda is for sale.
The Ford House, located at <a href="https://www.realcommercial.com.au/property-other-sa-kapunda-502191774" target="_blank">80 Main Street</a>, has an old world charm. 
Most recently, it has been operating as a bed and breakfast, coffee lounge and antiques shop.
It could be converted to a residence, subject to council consent.
Its ground floor consists of a kitchen and meals area, dining room, reception room, lounge or bedroom.
There is also a cellar with main bathroom and laundry, while the first floor consists of four double size bedrooms all with ensuites.
The property is offered through Hambours Real Estate agent David Mosley.
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Kapunda's 1860 Ford House for sale

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A historic cable tram shed and workshop in North Melbourne that has been converted into a family home is for sale.
It was bought three years ago by car collector Chris Page because he wanted to grow his car collection.
He and his family moved from their Carlton home and renovated <a href="https://www.realestate.com.au/property-house-vic-north+melbourne-124078490" target="_blank">the historic 1918 building</a>.
It is a vast five bedroom home with a big garage downstairs as well as a street-facing mechanic business.
He hopes that another like-minded car enthusiast will secure the property.
The property first began as a cable tram shed in the 1920s before being converted into a tramways administration office and then finally into a Mediterranean grocer before being converted into the current home.
The reported asking price $5.5 million property includes the mechanic business space.
The business owner would be happy to stay if the new owner wishes.
The property is offered through Jellis Craig agents John Morello and Simon Mason
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Historic cable tram shed home conversion in North Melbourne for sale

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Brisbane’s Everton Plaza has been earmarked for a major renovation after being sold for $27,700,000.
Brisbane-based private investors acquired the neighbourhood centre, which is situated in the inner city suburb of Everton Park.
CBRE’s Queensland retail investments team of Michael Hedger and Joe Tynan negotiated the deal following a competitive expressions of interest campaign.
The campaign attracted over 94 enquiries, both locally and offshore, with 11 formal offers to purchase tabled.
“Along with experienced retail property development firm, Reds Group, the new owners plan to reposition the Centre and to invest significant capital to turn the 1969 built centre into a popular retailing destination that supports the strong demographics within the Main Trade Area (MTA),” he said.
The well-established neighbourhood centre is anchored by a Coles supermarket and includes two mini-majors and 30 specialty retailers. Key tenants include the Everton Park Medical Centre, Fernwood Fitness, Australia Post, BWS, ANZ and Chemmart Everton Park.
Based on the current net income, the sale was struck at a yield of 7.1 percent.
“Buyers were attracted by the centre’s prominent location and affluent MTA, with household income being approximately 14 percent higher than the Brisbane metropolitan average,” he said.
“While the low cost of debt remains available, we will continue to see a gradual firming of yields, especially with centre’s that offer a significant value uplift with repositioning options.
Situated 9km north-west of the CBD, the property has a gross lettable area of 7,198sqm and is situated on a large inner city landholding of 17,504sqm, providing parking for 230 cars on grade.
It benefits from frontage to two major arterials - Stafford and South Pine Road - and is in close proximity to multiple transport links.
Reds Group spokesperson Bronwyn Timms said the focal point of the redevelopment of Everton Plaza would be a new casual laneway dining precinct known as Park Lane.
“The development is the vision of Reds Group, who has experience in delivering retail centres locally and nationally, including intimate food and beverage precincts,” she said.
“A key attraction for the buyer group was the centre’s strong inner city demographic which has been supported by the interest to date from some of Brisbane’s well known A-grade food &amp; beverage retailers.”
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Investors go shopping with $27 million acquisition in Everton Park

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An opportunity to own a property filled with history and vintage charm is now available in regional Victoria.
It is at <a href="https://www.realcommercial.com.au/property-retail-vic-heathcote-502143410" target="_blank">146 High Street, Heathcote</a>, 30 minutes to Bendigo and 90 minutes to Melbourne.
The brick church is circa 1955 and the wooden hall circa 1850.  Originally the St Andrew’s Presbyterian holding, the 165 year old building is suited for family living and a commercial enterprise.
Located within the bustling heart of Heathcote, buyers could take advantage of Heathcote’s prime position as the gateway to Lake Eppalock with high exposure to passing traffic.
The wooden ‘Hall’ is currently used as an art gallery but the marketing suggests commercial pursuits (STCA) including a small shop or cafe, even dance studio.
It has original features including Baltic pine floor boards, arches and gothic colonial windows.
The building has been re-stumped, re-wired and re-plumbed, has gas heating, split system heating and cooling, and ceiling fans.
This property is being offered through Elders Real Estate agent Martin Skahill for November 18 auction.
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