<a href="https://www.apartments.com.au/developers/consolidated-properties">Consolidated Properties Group</a> (CPG) is approaching the launch of its latest Brisbane riverfront development, Castile, on the dress circle Skyring Terrace in Newstead.

VIP buyers are now being engaged, with a full public sales launch coming later this year.

Positioned as the final opportunity to secure a new absolute riverfront residence on the East bank of Newstead, Teneriffe or New Farm, Castile at 47 Skyring Terrace has been designed by <a href="https://www.apartments.com.au/architects/woods-bagot">Woods Bagot</a> as a timeless addition to the Brisbane skyline.&nbsp;

[smartcode_project:default project_id=150489 project_image_fid=371113]

The name Castile draws on themes of permanence, sophistication and legacy, reflecting a broader vision centred on enduring architecture and timelessness in the rarest of riverfront positions.&nbsp;

CPG Chairman and CEO Don O’Rorke said the project had been envisioned as a future Brisbane icon.&nbsp;

“With 47 metres of direct river frontage and never to be built out views, 47 Skyring Terrace is the definitive address on the Brisbane River,” O’Rorke said.&nbsp;

[smartcode_project:default project_id=150489 project_image_fid=371114]

“Rather than following trend-based apartment design, Castile draws inspiration from Brisbane’s great heritage buildings, reinterpreting classical architecture into a contemporary riverfront landmark designed to stand proudly for the next 100 years,” he said.&nbsp;

The approved development will comprise 227 apartments across a 25-storey tower alongside a boutique six-storey riverfront building of just 12 residences.&nbsp;

Construction is scheduled to commence in September 2026.

[smartcode_project_cta:default project_id=150489]

Joel Robinson

CPG unveils Castile Newstead ahead of upcoming sales launch

Australia’s online shopping habits have shifted dramatically over the last decade. As eCommerce volumes surged, so too did the frustrations that came with traditional parcel delivery: missed deliveries, long Post Office queues, parcel theft and the challenge of being home during business hours.

Australia Post’s Parcel Lockers emerged as one of the more practical responses to that changing consumer behaviour.

What started as a relatively niche delivery option has evolved into a nationwide network of more than 1,400 self-service Parcel Lockers positioned at train stations, shopping centres, supermarkets and Post Offices across the country. The system allows Australians to send, collect and return parcels 24 hours a day, fundamentally changing how many people interact with deliveries.

The appeal is relatively straightforward: flexibility.

Instead of waiting at home for a delivery driver or rushing to a Post Office before closing time, users can direct eligible parcels to a Parcel Locker location of their choice. Once the parcel arrives, Australia Post sends a notification with a collection code or QR access through the AusPost app, allowing customers to retrieve their package at any time within the collection window.

For apartment residents in particular, the system has become increasingly valuable.

Higher-density living has created logistical challenges around deliveries, especially in buildings without concierge services or secure parcel rooms. Missed deliveries are common, while parcel theft has become an increasing concern as online shopping volumes continue to rise.

Australia Post itself has repeatedly highlighted the growing issue of “porch pirates” during peak shopping periods, encouraging customers to use Parcel Lockers as a safer alternative to unattended home deliveries.

That security aspect is one of the key reasons the Australia Post Parcel Locker network has grown so rapidly.

Parcel Lockers are positioned as secure, monitored collection points that reduce the risk of theft while also improving delivery efficiency for Australia Post. Instead of multiple redelivery attempts, parcels can be consolidated into a single secure destination.

The Parcel Lockers themselves are free to use through a MyPost account and support a range of parcel sizes up to 16 kilograms and dimensions of approximately 35 x 44 x 61 centimetres.

Beyond receiving parcels, the system has increasingly become integrated into the broader eCommerce ecosystem.

Customers can now use Parcel Lockers to return online purchases, while retailers have embraced the model as a way to improve delivery success rates and reduce friction in the shopping process. Australia Post has actively expanded partnerships with major retailers and promoted Parcel Lockers as part of a broader out-of-home strategy.

The timing of that expansion aligns with broader changes in Australian shopping behaviour.

The acceleration of online retail during and after the pandemic placed enormous pressure on delivery infrastructure. Parcel volumes reached record highs, particularly during Black Friday and Christmas periods, with Australia Post delivering more than 100 million parcels during peak festive seasons.

That growth forced logistics providers to rethink the “last mile” of delivery, widely regarded as the most expensive and operationally difficult stage of the process.

Parcel Locker systems have increasingly been viewed as part of the long-term solution.

The concept itself is not unique to Australia. Parcel Locker networks have become common globally, particularly across Europe and Asia, where dense urban environments and apartment living create similar logistical challenges. But Australia’s geography and suburban sprawl made adoption slower initially.

Now, however, the convenience factor is driving mainstream usage.

For commuters, Parcel Lockers near train stations allow parcels to be collected on the way home from work. For apartment dwellers, they remove the uncertainty around access and missed deliveries.

The rise of the AusPost app has also streamlined the experience, centralising notifications, tracking and Parcel Locker access into a single platform. Australia Post has increasingly pushed customers toward app-based delivery management, partly as a way to combat phishing scams and fake delivery notifications, which have become more sophisticated in recent years.

The Parcel Locker model is also beginning to influence property development itself.

Parcel management has become a growing consideration in apartment building design, particularly as online shopping becomes embedded in everyday life. Many new residential developments are now incorporating dedicated parcel rooms or Parcel Locker systems into foyers and communal spaces.

For developers, parcel management is increasingly viewed as part of the broader resident amenity offering, alongside gyms, wellness spaces and communal work areas.

That reflects a wider evolution in how residential buildings are designed.

Apartment buyers are placing greater emphasis on convenience, security and operational functionality, particularly in higher-density urban environments. Parcel delivery, once considered a minor operational detail, has become an increasingly important part of that equation.

Australia Post’s Parcel Locker network sits at the centre of that behavioural shift.

What began as a simple alternative delivery option has evolved into a key piece of infrastructure supporting Australia’s growing eCommerce economy and changing urban lifestyles.

And as online shopping continues to expand, the role of Parcel Lockers is likely to become even more embedded in how Australians live, shop and receive goods.

How Australia Post Parcel Lockers changed parcel delivery convenience in Australia

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

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

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

Sammut secures approval for debut Brisbane apartment development in Toowong

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

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

Southern Highlands

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A Southern Highlands heritage property, The Manse, built in 1890 as part of the Presbyterian Church, Mittagong has been sold at auction this month 
The <a href="https://www.realestate.com.au/sold/property-house-nsw-mittagong-128929706" target="_blank">3 Alice Street </a>property has been restored and transformed into a four bedroom home.
It was sold at auction through Di Jones for $985,000.
The new owners were attracted to the original features of the home which has a beautiful entry hall with fretwork and chandelier, as well as wide original Kauri timber floorboards.
The 828 square metre home, with one bathroom, last sold for 425,000 just under six years ago.
Set behind an old iron gate, it is located within a short drive from shops, cafes and schools, as well as being within walking distance to Lake Alexandra.
The Manse was purchased by a Sydney buyer, confirming a recent trend of 73% of Mittagong buyers coming from out of the area, according to Di Jones auctioneer Josh Larsen.
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Southern Highlands heritage property The Manse sells at auction

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Trelawney at Berrima has been listed for the first time since it was built.
The one level home sits on <a href="https://www.realestate.com.au/property-house-nsw-berrima-128454290" target="_blank">the 40 hectare property</a>.
It was built in 2016 after the holding traded for $950,000 in 2011.
It has four bedrooms, three bathrooms and a media room.
The open plan dining and lounge rooms feature a double sided stone wood fire.
The alfresco and outdoor entertainers terraces overlook the rolling countryside.
Di Jones agent Lisa-Marie Cauchois advises the infrastructure on the property will appeal to buyers looking to farm on the land.
There's five well maintained paddocks, three dams, a two bay shed plus a stable.
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Southern Highlands trophy home Trelawney listed for first time

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Sue Gibson, who is seeking $50 million for her Dalkeith, Swan River trophy home, has bought Crossways Farm in the the NSW Southern Highlands.
She paid $5.55 million on extended settlement terms for the Robertson property, which was sold by Louise Zavattaro.
The five-bedroom residence in Robertson is surrounded by a mature garden, a tennis court, two self-contained apartments, seven dams, eight hectares of rainforest and equestrian facilities. 
<img class="attachment-full size-full" src="https://static.domain.com.au/domainblog/uploads/2018/06/16001635/2_h119at.jpg" alt="Crossways Farm was previously owned by rag traders Lisa Ho and Philip Smouha." width="1500" height="843">
The property has been on and off the market since early 2014 when it was initially offered for $6.9 million.
It was most recently marketed by Angus Campbell-Jones, of Campbell Jones Property.
It was previously owned by rag traders Lisa Ho and her former husband Philip Smouha, who bought it in 2005 for $4.5 million and sold to the Zavattaro family for $4.8 million in 2009.
The 49-hectare property is reportedly to become her permanent residence, coming four years after she and West Australian mining magnate Steve Wyatt ended their 27-year relationship.
Following the split, Gibson is now sole owner of the Perth mansion that was built for the late Alan Bond.
The Wyatt's had paid $39 million in 2011.
 
 
 
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Owner of one of Perth's priciest homes buys in the Southern Highlands

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Interior designer Suzanne Dougall and her company director husband John have sold their Southern Highlands retreat.
The two level Bowral home cost them $1.21 million in 2015 before its lush renovation.
They were seeking $1.69 million through Di Jones agents Daniel Garnett and Kate McCullagh. They initially sought $1.73 million when initially listed in March.
When it was listed last year it was being marketed as Carisbrooke, with $1.85 million hopes.
Suzanne, a former model and fashion boutique owner, renovated the four bedroom home, with a fully equipped media room and a library. 
The alfresco space has a wood burning fireplace.
The 4000 square metre grounds feature a number of gardens rooms amid the manicured gardens and lawns.
The couple initially bought into the Highlands in 2004, spending $2.9 million on the 18 hectare Glenquarry estate, Runnymede which was sold in 2010 for $6 million.
Dougall was the managing director at Amalagamated Wireless Australia.
This article first appeared in The Sunday Telegraph. 
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Interior designer Suzanne Dougall sells in Southern Highlands

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Across the Southern Highlands the residential market for dwellings has experienced a recent hiatus.
The number of sales in the Southern Highlands has contracted from the highs of late 2017, according to the June report from valuation firm Herron Todd White (HTW).
The average price is tracking lower, between 4% to 8% across the region with the exception of Bowral, which has flattened from the highs of August 2017.
The most active price point continues to be in the $650,000 to $1 million band.
"As has been the case historically there is emerging market volatility in the rural lifestyle/acreage properties in the $2.5 million plus sector, where purchasers tend to be more discriminating in their purchasing decisions," the report suggests.
The valuers state that "when looking at some of the more recent land release areas across the Southern Highlands, they are noticing increasing stock levels as new blocks in the 450 square metres to 2000 square metres land size finally come to market".
"Because of this delay in registering titles, some speculative investors may find their dated lender approvals no longer current, which may prove challenging with tightening current credit criteria."
For the remainder of the calendar year, the valuers anticipate some further easing in the market as the increasing number of vendors particularly in the vacant residential land market compete with a limited pool of purchasers.
Whereas existing housing stock located close to the main townships of Moss Vale, Bowral and Mittagong, with the benefit of being located close to retail, medical, school and transport infrastructure are going to remain attractive to the Sydney buyer market.
Particularly families in the up to $1.5 million price point who continue to “discover” the Southern Highlands region as an affordable lifestyle alternative to an increasingly congested urban existence.
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Southern Highlands acreage estate pricing becomes volatile: HTW

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INXS guitarist Tim Farriss and wife Beth are selling up after three decades in Kangaroo Valley in the Shoalhaven region of NSW.
They’ve listed Willabrook, their working Upper River cattle farm, which has also operated as a luxury country holiday let.
The 37 hectare property, set along the banks of the river, has been featured through the years on Better Homes &amp; Gardens and Burke’s Backyard.
It has been listed through Belle Property Berry agents Gary Dale and Nick Dale.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/5/28/FARRIS2.jpg" alt="">
Farriss, one of the most accomplished musicians in Australia, co-founded INXS in 1977, along with his brothers Jon and Andrew, Kirk Pengilly, Garry Gary Beers and Michael Hutchence.
The northern beaches couple, who married in 1981, have two sons James and Jake.
Away from the guitar, Farriss’s passion has been for boating, fishing and farming at the property, along with his ambassadorial roles for Bear Cottage, Landcare, Sydney Children’s Hospital and the Leukaemia Foundation.
The original 1920s main homestead has five bedrooms, plus two one-bedroom cottages, dubbed Mojo and Rest, that let at $350 a night on weekends.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/5/28/FARRIS3.jpg" alt="">
They both feature extensive decking, a fireplace, outdoor barbecue and a coffee machine.
The marketing says the land is reminiscent of a Harry Sutton Palmer landscape painting.
There’s also a self-contained manager’s cottage, vegie garden and a private, clear, deep water swimming hole.
The farm averages a 30 ­breeder carrying capacity.
This article was first published in the Saturday Daily Telegraph. 
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INXS guitarist Tim Farriss lists Kangaroo Valley retreat

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Gerron Park, the 45 hectare Wildes Meadow estate, has been listed for sale just six months after it last sold.
It fetched $3.5 million when bought by the Phillips family, now its back for sale for $5.1 million through Richardson &amp; Wrench agent Michael Maloney.
When traded for $3.5 million in September, the hobby farm suited for cattle had been on the market for over 700 days and sold when having a guide of $3.95 million.
It initially sought $4.1 million.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/5/14/gerron2.jpg" alt="">
<a href="https://www.realestate.com.au/property-lifestyle-nsw-wildes+meadow-7966094" target="_blank">Gerron Park at 131 Wildes Meadow Road</a> went backwards, having sold for $4.1 million in 2007.
On the grounds there's a five bedroom homestead and separate guest accomodation, as well as a heated swimming pool and tennis court.
The grounds with rich red basalt soil feature 13 paddocks, cattle yards, six dams and an old brick dairy.
 
 
 
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Southern Highlands Gerron Park set for flip with $5.1 million price tag

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The recent price reduction on Possumwood, the spare Southern Highlands retreat of Crown Resorts boss John Alexander, has yielded a buyer.
It took a year to sell, but was snapped up within weeks after Alexander and his photographer wife Alice dropped the price guidance to around $2.1 million.
The <a href="https://www.realestate.com.au/sold/property-house-nsw-robertson-127405658" target="_blank">two hectare Robertson property</a> with gardens by Myles Baldwin had initial $2.75 million hopes.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/4/23/possum2.jpg" alt="">
Alexander will base himself at his nearby imposing estate after the $8 million plus sale of his three bedroom Del Rio penthouse in Elizabeth Bay.
The couple had owned Possumwood since 2006 when they paid $2 million.
Offering views over the Morton National Park, the home comes with five bedrooms, two bathrooms and a steam room.
This article was first published in the Saturday Daily Telegraph.
 
 
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Crown boss John Alexander sells Robertson retreat, Possumwood

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An imposing country estate at Exeter in the Southern Highlands, Rona Lodge has been sold to the former National Party Federal Minister John Sharp, who sits on the Federal Government's Climate Change Authority.
It fetched $5.45 million, having last sold at $3.75 million in 2004. 
The Highlands has been popular with politicians.
Liberal MP and former tennis champion John Alexander paid $4.8 million last year for Iona Park, a 36 hectare estate and boutique horse stud at Moss Vale.
The former Hawke Government minister Graham Richardson owned the 4.5 hectare Burradoo retreat Bantry, before selling for $1.13 million in 2012.
Rona Lodge, completely renovated in 2006 has been for sale for nearly three years. It sold through Mick Maloney at Richardson &amp; Wrench Bowral.
The traditional character home on six hectares has recently been used by its vendor David Graham as a holiday letting and wedding rental property.
In 2014 it was awarded Best Property for Weddings in the annual Stayz awards.
Last traded for $3.75 million in 2004, the five bedroom, four bathroom home with indoor heated pool includes separate staff quarters with two bedrooms.
Set in manicured private gardens, the estate lends itself to equine interests, with a stable complex, paddocks and shedding.
The home was marketed as a "quintessential Australian beauty".
 It comes with a five bedroom homestead plus a two storey self-contained two bedroom residence.
The master bedroom has its own sitting room, two dressing rooms and its own terrace.
There is also a formal dining room with its own fireplace.
The chef’s kitchen features a double gas range, separate walk-in butler’s pantry and an adjoining breakfast room.
Overlooking the gardens is the formal drawing room that features a Chinminee Phillipe fireplace.
A library is available with a Jetmaster gas log fireplace and it also contains two separate study rooms. There is a cocktail bar.
It also features a conservatory that overlooks the gardens and the tennis courts.
The grounds include a tennis court and pool. 
Stylemeisters David Kunde and David Graham retain Lindon Hall at Robertson which cost $5.5 million in 2008.
John Sharp, who retired from the parliament in 1998 after 14 years, is a keen aviator, having been a licensed pilot of both fixed wing and rotary wing aircraft.
He has been quite active in his highlands property dealings.
This article first appeared in The Daily Telegraph. 
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Former Nationals leader John Sharp the latest politician to buy in Southern Highlands

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Ahead of the sale of his Elizabeth Bay penthouse, Crown Resorts boss John Alexander has reduced the asking price for Possumwood, his spare Southern Highlands retreat.
Possumwood, now with Anne Stone of McGrath Bowral, was initially listed with $2.5 million to $2.75 million hopes.
It's now $2.1 million to $2.3 million, having now sat on the market for nearly a year.
The two hectare Robertson property has gardens by Myles Baldwin.
Myles Baldwin was introduced to JA by Leo Schofield back to the days when Leo had Bronte House where Myles was the head gardener. Baldwin had trained at Sydney’s Royal Botanic Gardens.
Alexander will base himself at his nearby imposing estate after the reputed $8 million sale of his three bedroom Del Rio penthouse in Elizabeth Bay.
Alexander, who has been right hand man to casino tycoon James Packer for a number of years, and his photographer wife Alice have owned the two hectare estate in Robertson since 2006.
Offering views over the Morton National Park, the home comes with five bedrooms, two bathrooms and a steam room.
The couple will be based at their nearby 38 hectare estate that they paid $2.38 million for in 2010.
This article was first published in the Saturday Daily Telegraph.
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