Just a few months after acquiring a prime Broadbeach site on the corner of First Avenue and Surf Parade, family-run developer <a href="https://www.apartments.com.au/developers/raptis">Raptis</a> has filed fresh plans for a new apartment development.

Raptis is seeking to deliver a <a href="https://www.apartments.com.au/new-apartments/17-19-first-avenue-broadbeach-qld-4217">29-storey tower with 73 apartments</a> on the 818 sqm site. It will be the developer's seventh project in the suburb, as they are approaching completion of The Sterling on George Avenue.

There will be a pool, barbecue and outdoor dining area, residents lounge and dining, sauna and steam room, gym, and a Yoga and Pilates studio.

<img alt="Raptis" data-entity-type="file" data-entity-uuid="b554da3f-7344-49aa-b1c9-44cf459af0d7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-05%20at%2010.41.45%E2%80%AFAM.png?VersionId=zzjWu1iO1wnuYv4EV4fyOyf5nSXjGYut" />

Raptis Joint Managing Director, Evan Raptis, says they remain&nbsp;committed to developing quality infill sites across the Gold Coast in the lead-up to the 2032 Brisbane Olympics.

"This project continues our long track record of delivery in Broadbeach, and we look forward to bringing another premium development to this thriving precinct."

The announcement follows strong delivery momentum for Raptis, with The Sterling Broadbeach nearing completion and construction well underway on the final stage of the Waterpoint community adjacent to Harbour Town. The developer's continued investment in the Gold Coast reflects confidence in the region's apartment market fundamentals, underpinned by sustained Southeast Queensland population growth.&nbsp;

The outlook for the region is further bolstered by infrastructure investment tied to the Brisbane 2032 Olympic Games, which is expected to drive continued economic and population growth across the SEQ corridor.&nbsp;

Subject to a favourable response from Gold Coast City Council, construction on the new First Avenue tower is targeted to commence before the end of 2026.&nbsp;

Read more:&nbsp;<a href="https://www.apartments.com.au/news/qld/it-s-all-in-the-family-four-decades-later-raptis-continues-to-shape-the-gold-coast-skyline">It’s all in the family: Four decades later, Raptis continues to shape the Gold Coast skyline</a>

Read more: <a href="https://www.apartments.com.au/news/qld/raptis-secures-prime-surf-parade-site-for-next-broadbeach-apartment-development">Raptis secures prime Surf Parade site for next Broadbeach apartment development</a> 
&nbsp;

Gold Coast developer brings seventh Broadbeach project to market, targeting construction commencement before year end

Joel Robinson

First look: Raptis lodges plans for new 29-storey Broadbeach tower 

Brisbane development veteran Kevin Seymour's Seymour Group is set to deepen its presence on one of Brisbane's most tightly held riverfront addresses, lodging revised plans for a luxury apartment development on Oxlade, just a few doors down from The Oxlade, which it completed in 2024.

The <a href="https://www.apartments.com.au/new-apartments/70-72-oxlade-drive-new-farm-qld-4005">new project at 70-72 Oxlade Drive</a>, directly north of The Oxlade, will have 27 apartments across a seven-storey building&nbsp;overlooking the Brisbane River and Merthyr Park. It's a revision from a 2021-approved design.

Designed by bureau^proberts, the project has evolved from the previously approved 26-apartment scheme, introducing an additional penthouse level while maintaining a low-density, boutique character. The development will comprise 26 three-bedroom apartments and a single four-bedroom penthouse, supported by two basement levels with 86 car spaces and 34 bicycle spaces.

The architectural response is centred around two distinct building forms separated by a landscaped open-air atrium.&nbsp;"This dual composition captures and embraces Brisbane’s subtropical environment whilst breaking down built form and scale," the submission to the Brisbane City Council noted.

<img alt="First look: Seymour Group returns to Oxlade Drive with revised riverfront apartment plans in New Farm" data-entity-type="file" data-entity-uuid="c12d84d0-bc11-4067-b46f-5bd2d786a34d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/new%20farm%20landscape.png?VersionId=YEPc2k5CAdh6aAPlu4uVpgZadh4MEfRd" />

A defining feature of the design is a deep landscaped void running through the centre of the building, creating what bureau^proberts describes as a "natural ravine" that enhances airflow, daylight penetration and resident amenity. The design report notes that the separation of the two building volumes is intended to maximise natural light, cross-ventilation and outlook while strengthening connections to the surrounding riverfront setting.

Curved balcony edges, integrated planting and extensive landscaping throughout the façade reinforce the subtropical design approach. The building's façade is softened by elevated gardens and planter beds, creating a green edge that complements the established landscape character of Oxlade Drive and neighbouring Merthyr Park.

New Farm has become one of Brisbane's most sought-after suburbs for developers delivering premium downsizer-focused apartments.

GRAYA has been particularly active in the precinct, completing both Chalk and York in recent years, while construction of Moray House, being delivered for Spyre, is now nearing completion. Architect-turned-developer Joe Adsett recently launched <a href="https://www.apartments.com.au/new-apartments/arcilla-new-farm-by-joe-adsett-28-maxwell-street-new-farm-qld-4005">Arcilla on Maxwell Street</a>, an exclusive collection of just nine apartments.

First look: Seymour Group returns to New Farm's Oxlade Drive with riverfront apartment plans

A new residential tower will be the first piece of a broader mixed-use precinct set to reshape a prominent Newcastle West site, with local developer <a href="https://www.apartments.com.au/developers/gwh">GWH</a> bringing its <a href="https://www.apartments.com.au/new-apartments/cambridge-quarter-newcastle-west-12-denison-street-newcastle-west-nsw-2302">Cambridge Quarter</a> vision to market.

The first release, Tempo, will introduce 87 apartments across a 24-storey tower, marking Stage 1 of the residential component of a larger urban regeneration project planned for the western end of Newcastle's city centre, encompassing the former Cambridge Hotel site.

Positioned on Denison Street, Tempo has been designed as the inaugural building within Cambridge Quarter, a precinct that will ultimately combine apartments, retail activation and revitalised public spaces including the revamping of the Cambridge Hotel.

[smartcode_project:default project_id=135876 project_image_fid=368856]

The tower will comprise a mix of one, two and three-bedroom apartments, including layouts with multipurpose rooms, catering to a broad cross-section of owner-occupiers. Apartment sizes range from around 60 sqm to 192 sqm, with a number of residences oriented to capture views across Newcastle Harbour, the city skyline and coastline.

GWH has emphasised liveability in the design, with open-plan layouts extending to generous balconies and terraces. Residents will have a choice of two interior palettes, while specifications include engineered stone benchtops, SMEG appliances, full-height bathroom tiling and secure building access. Premium upgrade packages will also be available

Multiple rooftop resident retreats will provide communal outdoor space overlooking the harbour and city, offering an elevated amenity layer above the activity of the precinct below.

[smartcode_project:default project_id=135876 project_image_fid=368851]

The broader Cambridge Quarter vision extends beyond the residential tower itself. Ground-level retail activation and landscaped public areas are planned throughout the precinct, creating a walkable neighbourhood environment connected to the surrounding renewal of Newcastle West. The Cambridge Hotel is also earmarked for future redevelopment into a family-friendly hospitality venue integrated with the new precinct.

The project is strategically positioned within walking distance of Newcastle Interchange, providing access to light rail, regional rail services and direct connections to Sydney. Residents will also be close to Honeysuckle, Newcastle Harbour and the city's beaches and coastal walkways.

[smartcode_project:default project_id=135876 project_image_fid=368852]

For GWH, Cambridge Quarter represents one of its most significant Newcastle developments to date. The locally based developer, which has operated in the Hunter region since 1995, describes the project as a new chapter in the ongoing transformation of Newcastle West.

GWH Executive Director Jonathan Craig said the project had been shaped by a focus on creating lasting community connections.

"We take pride in creating places that last. Spaces where people feel connected, comfortable and a genuine sense of belonging," Craig said.

"Cambridge Quarter is something we are truly proud of, a place shaped by local knowledge, built with care and designed to be part of Newcastle's next chapter."

[smartcode_project_cta:default project_id=135876]

GWH unveils first release at landmark Cambridge Quarter precinct in Newcastle West

<a href="https://www.apartments.com.au/developers/ss-projects">S&amp;S Projects</a>,&nbsp;Rainbow Bay's busiest developer,&nbsp;has officially lodged plans for the largest development in its booming local portfolio, seeking approval for a further 88 apartments on Boundary Street.

The proposal&nbsp;at <a href="https://www.apartments.com.au/new-apartments/209-213-boundary-street-coolangatta-qld-4225">209–213 Boundary Street, Coolangatta</a>,&nbsp;marks the next chapter in the developer's transformation of the southern Gold Coast beachside precinct. It will be its fifth in the area, having already delivered Flow, Awaken and Esprit, while construction continues on the 38-apartment Radia. The new project would rise 57 metres above a consolidated 1,518 sqm site, on the same street as Radia and Esprit.

&nbsp;

Designed by <a href="https://www.apartments.com.au/architects/cottee-parker-architects">Cottee Parker</a>, the proposed development comprises 88 two and three-bedroom apartments across a contemporary podium-and-tower form that integrates extensive landscaping from street level through to the rooftop.

The tower would be delivered above a basement and multi-level podium accommodating resident and visitor parking, with the residential component commencing from level three. The design incorporates cascading planting throughout the façade, landscaped podium edges, and deep planting zones along the Boundary Street frontage.

<img alt="First look: S&amp;S Projects lodges plans for 88-apartment wellness tower at Coolangatta's Boundary Street" data-entity-type="file" data-entity-uuid="677e6615-b5c0-4b6c-b4f9-efb14fcde1a6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/ss%20da%20pers.png?VersionId=YOnPKQm7IFXv0M5H326djEpxk80500Hi" />

A key feature of the development is its expansive rooftop wellness and recreation precinct. Plans reveal a resort-style pool deck, gymnasium, sauna, steam room, hot and cold plunge pools, rooftop terraces, barbecue areas and landscaped relaxation spaces positioned to capture views across the southern Gold Coast coastline.

The rooftop wellness focus builds on the vision S&amp;S Projects first outlined when it acquired the site for $20.25 million last year.

"We are taking every advantage to create a truly unique rooftop wellness experience with a natural feel for residents, offering stone features throughout and an underlying theme that emulates a botanical garden," S&amp;S Projects founder and director Paul Gedoun said at the time.

The proposal seeks a 57-metre building height, representing a 50 per cent uplift on the site's mapped 38-metre height limit. Planning documents argue the additional height is consistent with recently approved and emerging towers in the immediate Boundary Street and Rainbow Bay precinct.

Urbis, acting as planning consultant, said the development would provide "88 dwellings, comprising a mix of two and three-bedroom apartments, contributing to housing choice and supply within an established medium to high-rise coastal urban neighbourhood."

The scheme has undergone extensive pre-lodgement consultation with the City of Gold Coast, with the design refined following feedback relating to architectural expression, landscaping, traffic access and podium treatment.

<img alt="S&amp;S" data-entity-type="file" data-entity-uuid="0a2d70fd-62ac-4b83-97c6-b798fc1243dd" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-06-05%20at%209.16.31%E2%80%AFAM.png?VersionId=yHmghUwKM3IVGpBktQU1mE.0Lpf3WimG" />

The architectural team is led by Brisbane-based Cottee Parker, one of Australia's most active residential design studios, with landscape architecture by Dunn + Moran. The consultant team also includes ADG Engineers, Windtech and Acoustic Works.

S&amp;S Projects has become one of the most influential private developers operating on the southern Gold Coast. Since entering Rainbow Bay in 2022, the company has assembled a portfolio exceeding $1 billion in end value, establishing itself as a key player in the area's evolution into a premium apartment destination. Pezet Matheson will again handle the sales for S&amp;S.

Coolangatta is entering another wave of apartment development, following the delivery of several prominent residential projects in recent years.

John Kearney's Immerse Projects will launch&nbsp;<a href="https://www.apartments.com.au/new-apartments/kaiya-kirra-beach-5-haig-street-coolangatta-qld-4225">Kaiya on Haig Street</a>&nbsp;soon, meanwhile, Palm Beach-based Sherpa Property Group is preparing to bring its debut Coolangatta development, <a href="https://www.apartments.com.au/new-apartments/flourish-viver-87-griffith-street-coolangatta-qld-4225">Flourish Viveré</a>, to market later this year, subject to approvals.

First look: S&S Projects proposes 88-apartment wellness tower at Coolangatta's Boundary Street

A landmark former orphanage site in Surrey Hills could be transformed into a new residential community under plans lodged by <a href="https://www.apartments.com.au/developers/antipodean-land-developments">Antipodean Land Developments</a> that would deliver 76 apartments and townhouses while restoring some of the suburb's most significant heritage buildings.

The burgeoninng Melbourne-based developer has submitted plans for the 9,158 sqm site at 1 Kent Road and 24 Durham Road, home to the former St Joseph's Home for Destitute Children, a historic institutional complex dating back to the late 19th century. The proposal seeks to adaptively reuse several heritage buildings while introducing two new four-storey residential buildings set within extensive landscaped grounds.

Designed by <a href="https://www.apartments.com.au/architects/woods-bagot">Woods Bagot</a> and Kerstin Thompson Architects, the project has been conceived as a contemporary residential village embedded within a restored heritage precinct. The development team describes the design approach as "The Village in the Garden," with new buildings positioned among mature landscaping by OCULUS and significant heritage structures.

<img alt="First look: Antipodean Land Developments plans heritage-led apartment community in Surrey Hills" data-entity-type="file" data-entity-uuid="44ec8c1b-c0b6-44ae-859e-5811b3e6a023" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Untitled%20design%20%281%29.png?VersionId=p.p1_KFh4iQoV4nisdnPfQBAsWNi7m79" />

The proposal would deliver 76 dwellings comprising a mix of apartments and duplex-style residences, significantly increasing housing supply on one of the largest privately held residential landholdings in Surrey Hills. The development includes 127 car spaces, 24 bicycle spaces and more than 1,000 sqm of communal amenity, with the existing chapel building earmarked for conversion into resident facilities.

According to the planning submission, the project centres on the restoration and adaptive reuse of the site's most significant heritage assets, including the original c.1889 St Joseph's building, the chapel designed by architect Augustus Andrew Fritsch, and the historic brick perimeter walls and entry gates. The proposal also incorporates the retention of other contributory buildings including the former infirmary and school building.

Tract Consultants, in the planning report accompanying the application, said the scheme had been shaped through extensive heritage analysis and design development.

"The shared vision for the Site by the project team has culminated in a scheme which successfully breathes life back into a historic site while delivering upon the objectives of Victoria's Housing Statement in a carefully curated and contextually responsive manner."

<img alt="First look: Antipodean Land Developments plans heritage-led apartment community in Surrey Hills" data-entity-type="file" data-entity-uuid="7263b7d8-95ea-400f-9531-6ca7d22c3c33" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Untitled%20design%20%282%29.png?VersionId=4cR1tiWOsDpgxEOwZi5vVFcyvvOsYkIE" />

The proposal is being assessed under Victoria's Significant Residential Development with Affordable Housing pathway. As part of the application, three per cent of the project's residential development cost would be contributed to the Social Housing Growth Fund. The development would also provide a diverse mix of one, two and three-bedroom residences targeting a broader range of buyers than typically found in Surrey Hills' detached housing market.

Sustainability initiatives include an anticipated 66 per cent BESS score, natural cross-ventilation to 80 per cent of apartments, 28 per cent deep soil landscaping and a canopy cover outcome exceeding local planning requirements. The proposal also sets aside more than 1,083 sqm for communal indoor and outdoor resident amenity spaces.

<img alt="First look: Antipodean Land Developments plans heritage-led apartment community in Surrey Hills" data-entity-type="file" data-entity-uuid="33fad46f-fe26-4d0a-acfd-6b776e1c6a3d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Untitled%20design.png?VersionId=D9F6WVSyYCtGvSUmith35LRp6R7PQkw_" />

Planning documents describe the property as one of the largest underutilised residential sites in Surrey Hills, arguing it presents a rare opportunity to introduce "missing middle" housing in an established inner-eastern suburb while preserving and revitalising a significant heritage precinct.

Antipodean Land Developments has built a reputation for design-focused residential projects across Melbourne, particularly in the medium-density sector. Previous developments include Neighbourhood in Brunswick East, delivered with Breathe Architecture, and Balfe Park Lane, designed by Kerstin Thompson Architects.

They've been very active in site acquisition as they build out their future development pipeline. They recently launched Thornubury House, 45 apartments above a mix of commercial, retail, and food and beverage tenancies, and have plans for a boutique project in Fitzroy and another <a href="https://www.apartments.com.au/news/vic/antipodean-plan-apartments-for-deepdenes-missing-middle-on-whitehorse-road">"missing middle" project</a> on Deepdene's Whitehorse Road.

First look: Antipodean Land Developments plans heritage-led apartment community in Surrey Hills

Residential Sale

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Entreprenuer Tom Lane, an heir to the Oroton fashion empire, and his wife Emma have sold in Manly.
The off-market $10.5 million sale of the Lane's home was sold to Tom's big brother Ross Lane, who sits on the Oroton board.
The absolute beachfront property was built after being previously owned by the Olympian Betty Cuthbert.
It had been purchased by Tom and Emma in 2007 for $4.4 million.
Tom and Emma Lane are now based in the Byron Bay township where they bought a $3.25 million house late last year.
They run their 32-hectare organic farming and tourist venture The Farm at nearby Ewingsdale.
Ross Lane recently sold his oceanfront home for $9.5 million <a href="https://www.domain.com.au/news/seven-boss-tim-worner-trades-up-to-95m-digs-20160310-gnf45x" target="_blank">to Seven's chief executive Tim Worner</a> through McGrath's Jake Rowe.
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jchancellor-FAypfDUnLy

Tom Lane passes on Manly pearl

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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.
The family patriarch Vincent James Toohey - who built the original Time and Tide Hotel in Dee Why - secured <a href="https://www.realestate.com.au/property-house-nsw-palm+beach-120709297" target="_blank">15 Ocean Road</a> with his wife Irene.
The sprawling beach house on 900 square metres is beachfront reserve opposite the sand.
More than $4.9 million had been initially sought. 
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Toohey family sell longtime Palm Beach weekender

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Screen editor Henry Dangar and partner Belinda Mason have sold their long-time Lilyfield Federation for $2.36 million.
The 411 sqm home set on one of Lilyfield's premier tree-lined streets has four bedrooms and a private level garden with paved alfresco entertainment area.
Simon Pilcher of Pilcher Residential - Annandale secured the Paling Street sale which was set to go to auction with a $2 million price guide.
Dangar started his screen career as an assistant in the ABC editing department, before heading overseas to be a part of the BBC and declaring himself an editor on his return to Australia.
He has now edited 24 feature films including Winter of our Dreams.
Considered as one of the best screen editors in the country, Dangar has won the AFI Best Achievement award in editing for Kiss or Kill.
In 1981 on Stir he was one of the youngest feature film editors in Australia.
His television drama work has included The Bangkok Hilton, Love My Way and Rake.
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Henry Dangar sells Lilyfield Federation home

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Sunshine cracked the $1 million club after a period-style family home sold under the hammer for a record-breaking $1.03 million.
It was the<a href="https://www.realestate.com.au/property-house-vic-sunshine-122361326" target="_blank"> four-bedroom house at 1 Walter St</a>, located on 810 sqm in the coveted Matthews Hill precinct that bettered the $935,000 record set in February this year.
CoreLogic RP Data put the house median at $552,500.
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Sunshine property surpasses $1 million for first time

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There was a $277,500 sale in Melbourne's Tullamarine, but with little price growth over the five years since sold at $275,000.
It too sold at just above its $250,000 to $275,000 price range.
The <a href="https://www.realestate.com.au/property-unit-vic-tullamarine-122299634" target="_blank">single storey one bedroom 1980s villa</a> with courtyard is rented at $265 a week, which also reflected little if any rental price growth over the five year ownership.
CoreLogic RP Data put the median apartment price at $350,000.
 
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Not much price or rental growth in Melbourne's cheapest

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There's a restart with the former Australian sprint champ turned television presenter Matthew Shirvington hoping to sell his Mosman home.
Shirvington and wife Jessica listed the home in 2012 but couldn't find a buyer.
They paid a bullish $2.5 million for the late 1880s home in 2008 and renovated it in 2010, the year he joined Sky News Australia as their sports presenter.
Met by a striking entry foyer, the home retained some of its original features, such as its formal banquet dining hall and a sunroom with original tessellated tiles.
Set on an 822 sqm parcel, the family home has four bedrooms and a kids playroom which opens to private courtyard gardens with established vegetable and herb gardens.
The property is listed through Belle Property. 
Shirvington was a five-time 100 metre Australian track champion and represented Australia in the Sydney Olympic Games.
He took part in Dancing with the Stars in 2004 whilst in athletics before retiring completely in 2008.
Since leaving the track Shirvington has featured as a guest on the Biggest Loser and he has been the host of Fox Sports NRL coverage and joined The Back Page as a co-host.
The Olympian stayed in athletics in Australia, working with St George Illawarra Dragons in 2012 pre-season as their sprint training coach.
The second fastest Australian in history.
Author Jessica Shirvington is known for The Violet Eden Chapters.
They have two daughters Sienna and Winter.
The family are now based in Cremorne Point having paid $8.4 million for the manor-style mansion Belvedere last year
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j.ballantyne1990-6AQqhLzZaK

Matthew Shirvington relists in Mosman

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The six-hectare NSW Southern Tablelands property Kiloren, with intact Edna Walling gardens, has finally sold.
It was in 1982 gardening author Jennie Churchill and her husband, vet Rob Churchill, took over the Crookwell garden with the <a href="https://www.kiloren.com" target="_blank">best named gardener in the land</a>.
There were four parties interested at the end with the property sold to a couple from Canberra.
Jennie sayes she is confident they will care for the garden beautifully. 
The garden was installed by Walling in 1951, surrounding the three bedroom John Mansfield designed house, which was built for the Broadbent family.
Walling was familiar with the climate given her nearby Markdale, Binda commission for the Ashton family in the late 1940's.
The classic Walling features include basalt walls and pathways softened by relaxed planting.
She described the garden as one of her less formal designs and said she brought plants from her own nurse at Bickleigh Vale near Melbourne, where she has a cottage within the grounds.
Jennie and her husband will be moving back to their Potts Point base and continue with plans for a Tasmanian retreat.
Around $980,000 was being sought. 
This article was first published in the Saturday Daily Telegraph.
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Edna Walling garden at Southern Tablelands finally sold

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Weekend auction clearance rates remained strong, sitting about 70 percent in Sydney, underpinned by the past week's policy announcements.
Sydney's east remains super strong.
Anyone doubting the strength can't view the latest celebrity listing as it sold withn six days of offering and weeks before its scheduled auction.
It was a Bondi semi that performed poorly in <a href="https://www.realestate.com.au/property-house-nsw-bondi-122539826" target="_blank">The Block All Stars</a> three years ago.
It has now been snapped up for sold for around $2.55 million, an 86 percent hike on the sale price under the television lights in 2013.
Sunnybrae at 10 Tasman Street, Bondi, had an initial price guide of $2.2 million having sold last at $1,375,000.
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Quick resale of the Block Allstars semi in Bondi

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Australian cricket captain Steve Smith has taken a shine to Balmain property.
He has snapped up another investment on the pensinsula. His investment portfolio now stands at $4 million plus.
This one is a contemporary apartment in a boutique conversion of the Tin Sheds.
<a href="https://www.realestate.com.au/property-apartment-nsw-balmain-121952010" target="_blank">It has two bedrooms</a>, a study and two entertaining terraces.
The property had been up for auction, then listed at $1.375 million.
After being on the market for 58 days, McGrath Balmain agents Karl Howard and Ben Munro Smith secured the sale earlier this month.
Smith was likely back in Australia following the national team's poor performance in the T20 World Cup in India to oversee the sale.
He will want to secure a rental before his side head to West Indies for the Tri-Nation Series in West Indies where they play also play South Africa.
He paid $2 million for a knock-down re-build in the east, and work has already begun in knocking down the dilapidated three bedroom cottage.
The deal included DA-approved plans for a two-storey home with basement parking by architect firm Connor &amp; Solomon.
With a two storey apartment, Smith has lived in Coogee since he paid $1.75 million in 2007.
His property portfolio also includes a $435,000 off-the-plan apartment Sans Souci which he bought in 2011 and a two bedroom apartment in Marrickville which he paid $635,000 for in 2013.
Smith is now the Australian captain across all forms of the game and was the first Australian captain since Warwick Armstrong in 1920 to go unbeaten through his first 10 Tests.
This article was first published in the Saturday Daily Telegraph. 
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Steve Smith takes shine to Balmain investment

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The legendary Collingwood full forward Peter McKenna has his Richmond home listed for May auction.
It is an Edwardian cottage at <a href="https://www.domain.com.au/8-malleson-street-richmond-vic-3121-2012744820" target="_blank">8 Malleson Street</a> listed through Jellis Craig agent Luke Schickling, who has $1 million plus hopes for the three-bedroom property.
McKenna, who kicked 874 goals playing 180 games for Collingwood between 1965 and 1975, is considered of the game’s all-time greats.
It was bought at 1998 auction costing $306,750.
It goes to May 14 auction.
Collingwood's median house price is $907,500, according to CoreLogic RP Data.
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