Plans for a $341 million mixed-use precinct, including 482 new homes, have been filed for a former drive-in cinema site in Caddens, a new masterplanned residential neighbourhood around two hours west of Sydney.

Designed by <a href="https://www.apartments.com.au/architects/group-gsa">GroupGSA</a> for developer <a href="https://www.apartments.com.au/developers/holdmark-property-group">Holdmark Property Group</a>, the State Significant Development Application (SSDA) comprises 17 mid-rise buildings delivering apartments and shoptop housing, 3461 sqm of retail, new streets and community space, and an expanded public domain.

The 8.1-hectare site adjoins the existing Caddens Corner Shopping Centre and is organised around a new civic hub and ‘Six Seasons Walk’, linking a network of local and community parks that extend the existing Cumberland Plain ecology along the site’s northern edge. &nbsp;

The site, once home to Kingswood Drive-In, is located within walking distance of Western Sydney University’s expanding Kingswood campus and the Nepean Hospital health precinct, 50 kilometres west of the Sydney CBD.

Holdmark Planning and Development Manager Eliyah El-Khoury says the revised scheme features a varied housing mix of apartments and terrace typology, reflecting both local demand and the long-term vision for the Werrington Enterprise Living and Learning (WELL) Precinct.&nbsp;

“By offering a diversity of apartment types – including 15 percent essential worker housing – and integrating new parks and a strong civic centre, we’re vesting a welcoming, walkable neighbourhood that supports residents to live and study in Caddens, bringing to life this hidden gem, just 5km from Penrith CBD and a short 15-minute drive from the new Western Sydney Aerotropolis precinct,” El-Khoury says.

The development also aligns with Western Sydney’s ‘Western Growth’ strategy, which positions Caddens as “a model for sustainable urban development” linked to major transport infrastructure and tertiary institutions.

<img alt="60–80 O’Connell Street, Caddens" data-entity-type="file" data-entity-uuid="86aa6f25-53d2-4135-8247-bf3a2653748f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/s68-80%20O%27Connel%20St%20Caddens_Forest%20Park%20and%20Karra%20Commons%20buildings%20-%20GroupGSA_2.jpeg?VersionId=deSc.hrokqF1PNgz39yOwSRd6S8JN1Is" />

&nbsp;

A series of Indigenous co-design workshops with local Aboriginal stakeholders shaped the cultural framework for the precinct. The design embraces water, sky and Country as key connectors, restoring natural ecologies, expanding habitat and integrating endemic plantings, organic built forms, natural materials and water-sensitive landscapes.&nbsp;

GroupGSA architect and project lead Alberto Murgia says the masterplan is structured around a permeable, walkable street grid that expands the existing retail precinct and strengthens local amenity.

“Our landscape-first, Country-led approach focuses on a mix of high-quality and affordable homes, delivered within a generous public realm that builds on the precinct’s evolving character,” he says.

“Preservation, restoration and celebration of the Cumberland Plain Woodland ecologies and creating ample opportunities for the community to engage with nature were key focuses for the project."

A cultural trail to the north weaves oral histories and site narratives into everyday paths of travel, while the Six Seasons Walk forms a central pedestrian spine linking the Village Green to the nature reserve on the precinct’s eastern edge.

Public open space is structured around three major parks – the Village Green, Local Park and Community Park – supported by a network of shared zones, rooftop terraces and private communal courtyards. The landscape strategy extends and strengthens the adjoining Cumberland Plain Woodland, creating a continuous ecological corridor across the site. Increased canopy cover supports the unique micro-climate, enhances shade and comfort, and supports biodiversity and habitat creation.

<img alt="60–80 O’Connell Street, Caddens" data-entity-type="file" data-entity-uuid="7d00abb5-ef1d-4e61-8d43-5f9c4bf680e5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/s68-80%20O%27Connel%20St%20Caddens_Village%20QuarterGroupGSA_1.jpeg?VersionId=f_d1IYvxEshSCSwMLBKhiJka_OXNTlrZ" />

&nbsp;

The built form responds to the changing edge conditions of the site, with two-storey terraces presenting to O’Connell Street South and modulated apartment buildings stepping in height across the precinct in response to site topography. The material palette for the ‘Karra Commons’ buildings to the north-east of the site draws on the colours and textures of the Cumberland Plain Woodland through brickwork, metal cladding, screening and layered planting to create an architectural expression intended to “recede into the landscape”.

The terraces on the southern boundary adopt a finely scaled architectural language of articulated brickwork, deep reveals and expressed thresholds, balancing robustness with domesticity.

Meanwhile, Village Quarter, where density is intentionally located adjacent to amenity, becomes the mixed-use urban heart that frames the Village Green with active frontages. Materiality responds to the adjacent retail centre, with stepped built forms defining planted edges and supporting a vibrant, welcoming public realm.

&nbsp;

“Our proposal delivers a village-scale centre that supports social interaction and community identity while demonstrating a long-term vision for sustainable growth within the WELL Precinct,” Murgia added.

“By pairing mixed-tenure housing with flexible communal indoor and outdoor spaces, the precinct is designed to foster social diversity, wellbeing and a strong sense of community ownership.”

Joel Robinson

Holdmark seeks 17-building mixed-use precinct at former Caddens drive-in site

Dubai-based developer Arada is preparing to officially enter the Sydney apartment market, starting in Castle Hill.

Arada, who signalled its intent by announcing a development pipeline of $4 billion and then saving, and acquiring, tier-one commercial construction company, has filed a State Significant Development Application for a three-building development in the Hills Showground Station Precinct.

The buildings, which will be delivered on a 1.1-hectare site fronting Fishburn Crescent, Carrington Road and Middleton Avenue, will have 431 apartments. They have been designed by&nbsp;<a href="https://www.apartments.com.au/architects/turner-studio">Turner Studio</a> with landscaping by <a href="https://www.apartments.com.au/landscape-architect/arcadia-landscape-architecture">Arcadia</a>.&nbsp;

The buildings have been arranged around podium courtyards and open communal spaces, with Building A rising to 20 storeys, Building B stepping between 8 and 17, and Building C forming a U-shaped massing of 11 to 12 storeys.

&nbsp;

According to the Design Report by Turner Studio, the development will deliver a "highly liveable, connected, and inclusive residential community,” incorporating rooftop terraces, shared indoor amenities, and pedestrian links through the site.&nbsp;

<img alt="Arada" data-entity-type="file" data-entity-uuid="f00c8c47-8c25-4039-9d42-c4261906e286" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-11-15%20at%208.07.18%E2%80%AFPM.png?VersionId=SRRxwfZcxygQuYxRn_AsHoh00vJ2_PMj" />

The project includes 25 affordable housing units, representing five per cent of total floor space, located within Building A. These comprise a mix of one and two-bedroom layouts.

The broader residential mix across the three towers includes one-bedroom (nine per cent), two-bedroom (57 per cent), three-bedroom (30 per cent), and four-bedroom (four per cent) apartments, with a strong emphasis on family-sized homes.

The landscape strategy, guided by Arcadia, integrates rooftop gardens, public open space, and a pedestrian connection between Fishburn Crescent and Sexton Avenue.&nbsp;

The design draws from the natural and cultural history of the site, including features of nearby Cattai Creek, and incorporates endemic planting and local materials.

<img alt="Arada" data-entity-type="file" data-entity-uuid="c29a2ff1-3b45-4f51-851f-83b4b98148aa" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-11-15%20at%208.07.26%E2%80%AFPM.png?VersionId=8G9S8LrCc8H.JtPWdzr9q0HAijLRXAk7" />

&nbsp;

Arada’s submission under the Housing Delivery Authority pathway highlights the project’s alignment with Transport-Oriented Development principles, capitalising on the site’s 400-metre proximity to Hills Showground Metro Station.

Founded in 2017 in Sharjah, Arada has delivered over 10,000 homes internationally and is now advancing a $4 billion pipeline in Australia. The Castle Hill project is one of several Sydney ventures by the developer, with other sites progressing in Campsie and Canterbury. Arada opened its Sydney office in August 2024 and acquired local construction firm Roberts Co to scale up delivery capabilities.

The site sits within the Showground Priority Precinct, a transport-oriented growth area targeted for 9,000 new homes. The broader neighbourhood is already seeing transformation, with Deicorp’s <a href="https://www.apartments.com.au/new-apartments/showground-pavilions-castle-hill-3-andalusian-way-castle-hill-nsw-2154">Showground Pavilions</a> and <a href="https://www.apartments.com.au/new-apartments/hills-showground-village-castle-hill-2-mandala-parade-castle-hill-nsw-2154">Hills Showground Village</a> introducing over 1,300 apartments alongside retail, open space, and transport upgrades.

Arada aims to launch the project to the market next year, and commence construction by mid-2027.

Arada pitches Castle Hill apartment plans ahead of 2026 launch

Well advanced in construction of its current East Brisbane tower <a href="https://www.apartments.com.au/new-apartments/murcia-residences-east-brisbane-9-overend-street-east-brisbane-qld-4169">Murcia Residences</a>, developer Sarazin has filed plans for its next project in the booming inner-Brisbane area.

<a href="https://www.apartments.com.au/developers/sarazin">Sarazin</a>&nbsp;has sought approval from Economic Development Queensland for <a href="https://www.apartments.com.au/new-apartments/stanley-quarter-825-stanley-street-woolloongabba-qld-4102">Stanley Quarter</a>, a major two-tower mixed-use project that promises to reshape a key site between Stanley and Trafalgar Streets in Woolloongabba, next door to the iconic stadium.

Occupying a 4,332 sqm site within the Woolloongabba Priority Development Area, Stanley Quarter would comprise two slender towers, 53 and 36 storeys, rising above a shared six-level podium. The project marks the next phase in Sarazin’s transformation of the area following the adjacent Silk One development.

The towers will deliver 447 apartments, split across the two stages: 235 dwellings in the West Tower (36 levels) and 212 in the East Tower (53 levels). A rooftop recreation deck will crown each building. The East Tower, reaching approximately 190 metres, would become one of Brisbane’s tallest buildings outside the CBD, standing just shy of the 195-metre One One One Eagle Street.

<img alt="Sarazin" data-entity-type="file" data-entity-uuid="15ef9c22-b5eb-40d6-9311-22c340592b61" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-11-15%20at%207.46.29%E2%80%AFPM.png?VersionId=LkFTu3S5sA0.b0j_k5QkdYaGqA2woe85" />

<a href="https://www.apartments.com.au/architects/group-gsa">GroupGSA</a>’s architectural design integrates subtropical principles, including vertical fins, glass detailing, and extensive greenery. According to the Urban Design Report, the podium will support “active frontages and human-scale interfaces” and house retail, dining, and commercial spaces at ground level, while upper levels contain residential amenities and parking.

A highlight of the proposal is the 1,160 sqm public plaza linking Stanley and Trafalgar Streets. Designed as a landscaped urban courtyard with dining edges and shaded canopies, it offers a direct pedestrian connection through the site. Landscape design is by Wild Studio.

<img alt="Sarazin" data-entity-type="file" data-entity-uuid="e58bcf89-6a87-4a9b-8421-b3325ef74d16" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202025-11-15%20at%207.51.19%E2%80%AFPM.png?VersionId=jWcgn4k0fyWKEX0XFOjg3F4sc3Zh9bIb" />

Also planned is a landmark cultural facility, the STEAMM Gallery and Garden, anchored to the East Tower podium. As outlined in the planning documents, this multi-storey facility will include exhibition and studio spaces, with the report stating it represents “a genuine community benefit and cultural anchor for the precinct”.

The basement and podium levels will accommodate 614 car spaces and 483 bicycle spaces across residential, visitor, and commercial use. Vehicle access is proposed via Trafalgar Street, with a flood-resilient basement design and discrete servicing zones.

Positioned close to The Gabba Stadium and the new Cross River Rail station, Stanley Quarter is framed as a catalyst project for Woolloongabba’s ongoing urban regeneration. It supports EDQ’s ambition to create a “walkable, transit-oriented and subtropical mixed-use centre”.

If approved, the project will be delivered in two stages, with the West Tower proceeding first.

Sarazin is currently delivering Murcia Residences, on the fringe of Woolloongabba in East Brisbane.&nbsp;

Sarazin unveils twin-tower Stanley Quarter in Woolloongabba

Sydney may hold the dubious honour of being the world’s second most expensive housing market, outpriced only by perennial leader Hong Kong, but its appetite for prestige property shows no sign of slowing. At the heart of it all sits Sydney Harbour, where waterfront apartments command eye-watering prices that show few signs of slowing.

According to Westpac’s August Prestige Market Overview, the city’s luxury sector continues to outperform expectations, with top-end values rising 6.2 per cent across 2024. Over the past decade, prices for Australia’s most exclusive apartments have surged more than 40 per cent, while available listings remain nearly 20 per cent below pre-pandemic levels, data from Cotality reveals.

Much of Sydney’s recent luxury boom has centred on Circular Quay and Barangaroo, two glittering precincts now home to some of the country’s most expensive real estate. Yet one of the city’s most iconic waterfronts has, until now, remained surprisingly underdeveloped: Darling Harbour.

Long known as a playground for tourists and locals, Darling Harbour has never truly offered the chance to live there, until now. Recognising the untapped potential of this prime harbourfront, development powerhouse Mirvac has taken the lead in reimagining the precinct. The company is at the centre of a wider $15 billion revitalisation that will elevate Darling Harbour’s prestige to rival its glamorous neighbours.

At the heart of the transformation is Harbourside Residences, a $2 billion glass tower rising from the redeveloped Harbourside Shopping Centre. The project brings together an international design collaboration between Norwegian architecture firm Snøhetta and Australian practice Hassell, with interiors by Bates Smart. The tower will house 260 residences, with the yet-to-be-released penthouse collection, six sub-penthouses and three full-floor penthouses, expected to rank among Australia’s most exclusive homes.

[smartcode_project:default project_id=141327 project_image_fid=352378]

Buyers have already responded in force. The project’s first apartment release late last year became the most successful launch in Mirvac’s 54-year history, recording more than $700 million in sales in just one weekend, with more than $800m total pre-sales to date. Prices ranged from $1.7 million to $25 million, with more than 40 per cent of purchasers being repeat Mirvac buyers, a testament to the developer’s reputation for quality and delivery.

Mirvac has now unveiled the tower’s most coveted homes: a collection of three- and four-bedroom residences positioned across the upper levels of the 48-storey building. From this vantage point on the western edge of Sydney Harbour, residents will enjoy a striking and rarely seen perspective of both the city skyline and the water.

[smartcode_project:default project_id=141327 project_image_fid=352369]

Inside, luxury extends far beyond the apartments themselves. Harbourside Residences will feature wellness amenities on par with a five-star resort, including a traditional sauna, steam room, ice bath, indoor lap pool, gymnasium, and yoga and pilates studio. Private leisure spaces cater to the growing desire for exclusive community living, with a residents’ lounge, private dining rooms with commercial and show kitchens, a cinema room, and even a golf simulator.

Outdoors, the experience is just as impressive. Landscaped garden terraces frame a lagoon-style pool that looks directly across the harbour, offering some of the most intimate city views anywhere in Sydney.

[smartcode_project:default project_id=141327 project_image_fid=352372]

Construction of Harbourside Residences is well underway. Mirvac, which designs, builds, and delivers its own projects, a model that reduces risk and ensures consistency, expects completion in late 2027. When finished, it will not only redefine Darling Harbour living but reshape Sydney’s skyline once again.

[smartcode_project_cta:default project_id=141327]

Sydney’s next great waterfront: Darling Harbour steps into the spotlight

Boutique development and construction firm <a href="https://www.apartments.com.au/developers/hsn-property-group">HSN Property Group</a> is the latest to seek a new apartment development through the NSW Government's&nbsp;Housing Delivery Authority.

They've filed a State Significant Development Application for a nine-storey building across nine consolidated lots on <a href="https://www.apartments.com.au/new-apartments/2-16-spencer-street-rose-bay-nsw-2029">Rose Bay's Spencer Street</a>, just 400m from the centre of the affluent suburb.

“The site’s location and context make it well suited to support a more diverse and sustainable residential offering in the area,” the developer stated in community consultation materials.

The plans are for 54 apartments, 14 of which will be dedicated to affordable housing. There will be a mix of two- and three-bedroom apartments.

The proposal aims to contribute to housing diversity in the Woollahra Local Government Area while taking advantage of recent Low and Mid-Rise Housing Reforms introduced under the NSW Housing SEPP, according to the Scoping Report prepared by Urbis.

The architecture, led by <a href="https://www.apartments.com.au/architects/mhn-design-union">MHNDU</a>, reflects a "contemporary design approach sensitive to the character of Rose Bay." Communal amenities will include a wellness area with a pool and sauna, a gym, a wine lounge, and landscaped spaces with barbecue facilities.&nbsp;

“The proposed development will offer a suite of premium communal amenities designed to enhance resident wellbeing, foster social connection, and promote a healthy lifestyle,” the project team notes in its public materials.

Three levels of basement parking are planned, and EV charging facilities will be included, aligning with sustainability and transport objectives. A comprehensive traffic study is underway to assess and manage local impacts.

With 54 apartments, the proposal by HSN will be one of the largest developments in Rose Bay for decades. It tops the 50 apartments soon to launch by Orosi on <a href="https://www.apartments.com.au/new-apartments/the-avenue-rose-bay-1-the-avenue-nsw-2029">The Avenue</a>, near the Royal Sydney Golf Club.&nbsp;

First look: HSN plans Spencer St, Rose Bay apartment project

Terrace Sale

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A two-level Carlton home, listed for sale at $2.3 million, has been quickly sold.
The 100 Barkly Street terrace was significantly rebuilt in the 1890s with an elaborate baroque façade, but had previously been an 1850s cottage owned by Patrick Costello, the great-great grandfather of high profile descendants, brothers, Peter and Tim Costello.
It last sold in 1984 at $80,500.
It was once the home of Di Gribble, the late publisher.
Agents Nicholas West and Charlie Barham from Nelson Alexander secured the sale.
According to CoreLogic, the suburb's median house price is $1.47 million. 
This article first appeared in The Weekend Australian.
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Two-level Carlton terrace sold

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2017 saw a continued trend across Sydney's inner city suburbs where dilapidated terraces hit the market.
Some with no internal walls or ceilings, the DIY and small time developers were primed to pay top dollar purely for the location and land size.
Property Observer has given a run down of the top five run down inner city terrace sales of 2017.
  
1. <a href="https://www.realestate.com.au/sold/property-terrace-nsw-surry+hills-124937998" target="_blank">102 Reservoir Street</a>, Surry Hills - $2,111,000.
<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/2017/12/8/res1.jpg" alt="">
Kicking off the year of the run down terraces was a windfall result at Reservoir Street.
In slightly better shape than some of the others, the four bedroom terrace sold for over $2.1 million.
BresicWhitney's Michael Kirk and Lincoln Westerman sold the home.
They said the old terrace was a project home to suit the true visionaries, however suggested its perhaps dilapidated enough to deter any dreamers.
There was a north-facing courtyard on the 123 sqm corner block.
 
2. <a href="https://www.realestate.com.au/sold/property-house-nsw-darlinghurst-126288502" target="_blank" style="font-size: 12.16px;">141 Womerah Avenue</a>, Darlinghurst - $1,885,000.
<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/2017/12/8/dump10.jpg" alt="">
The dilapidated Darlinghurst terraces saw potential buyers carefully streaming over its slightly perilous wooden floorboards before during the inspections.
The four bedroom home, that dates back to the 1890s, was listed with $1.75 million hopes through James Peach at Ray White.
It features an original floorplan spanning two levels on the 108 sq m block.
It last sold in 1955 when machinist Humbert Teuma paid £3,150.
Aspiring owner-builder Luke Hickel inspected the Darlinghurst offering, but just to research values and costs.
He agreed with the estimate from the listing agent James Peach that $500,000 plus would be needed to bring the terrace up to scratch.
We have a video from the auction here.
 
3. <a href="https://www.realestate.com.au/sold/property-house-nsw-surry+hills-126699394" target="_blank">148 Reservoir Street</a>, Surry Hills - $1.7 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/2017/12/8/dump1.jpg" alt="">
The terrace on Reservoir Street hadn't traded in over three decades before its November sale.
A transformation of the home had begun but was never finished, so there were newer elements to the attic and staircase.
BresicWhitney Darlinghurst agents Lincoln Westerman and William Phillips had a buyers guide of $1.5 million.
The home last sold for $85,000 in 1985.
 
4. <a href="https://www.realestate.com.au/sold/property-house-nsw-surry+hills-126489002" target="_blank">43 Waterloo Street</a>, Surry Hills - $1.6 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/2017/12/8/Dump3.jpg" alt="">
One of the most staggering results was another Surry Hills terrace, which sold for $1.6 million after just five days of marketing.
The home, completely dilapidated with missing ceilings and floors, was sold through Bresic Whitney Darlinghurst agents Darren Pearce and Romany Brooks.
The wide terrace, which was a four bedroom, two bathrooms house, is set on a 150 sqm Waterloo Street parcel in the heart of Surry Hills.
It was advertised as having limited access for inspections.
Recently $70,000 was spent on installing beams to support the ceiling and staircase.
Rubbish and household items were also removed in the process.
The home had been vacant for the last decade, with neighbours complaining about rubbish pile up.
 
5. <a href="https://www.realestate.com.au/property-house-nsw-redfern-127020598" target="_blank">544 Elizabeth Street</a>, Redfern - $1.11 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/2017/12/8/dump5.jpg" alt="">
The most recent sale of an inner city dump was in Redfern where a terrace fetched $1.1 million at its recent December auction.
Ray White agents James and Teresa Natoli were marketing the home as an exceptional opportunity on a generous footprint in a prime location.
They had an auction guide of $900,000 to $950,000. Teresa said told realestate.com.au that there was no access approved to the site.
"The property is being offered to market in unliveable condition and requires a rebuild," their marketing said.
It last sold for $143,000 in 1991 and has been vacant for the last decade.
 
 
 
 
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jrobinson-rf4aSBido9

The five inner Sydney terrace dumps that all fetched over $1 million in 2017

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Courtyard House, the Paddington terrace recreated by Amelia Holliday of Aileen Sage Architects and husband David Lakes of Lochbuild, has been listed for auction.
The couple paid $1.6 million for the dilapidated Comber Street home in 2010 and went about creating the new residence.
Built with a clever use of space, the home on 240 square metres is being marketed as having a cutting-edge design and sleek urban aesthetic.
It has four bedrooms, two bathrooms and a formal and informal living areas that open to a north facing garden.
The Agency's Ben Collier has set a November 4 auction date.
Holliday is the co-director of Aileen Sage Architects and Lakes is the director of construction company Lochbuild.
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Converted Paddington terrace to go under the hammer

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A sweeping trend across Sydney's inner east suburbs are sales of dilapidated terrace.
In need of full renovations of at least a couple of hundred thousand dollars, the homes are still fetching $1.5 million plus.
The latest to hit the market is a <a href="https://www.realestate.com.au/property-house-nsw-surry+hills-126699394" target="_blank">terrace on Reservoir Street</a> that hasn't traded in over three decades.
Last sold for $85,000 in 1985, the three level terrace isn't completely run down.
A transformation had begun but was never finished, so there are newer elements to the attic and staircase.
BresicWhitney Darlinghurst agents Lincoln Westerman and William Phillips have set a buyers guide of $1.5 million for its November 18 auction.
Last month another Surry Hills terrace, in a state of almost disrepair with missing ceilings, sold for $1.6 million in five days.
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Another dilapidated Surry Hills terrace hits the market

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Renae Leith-Manos, founder of heatlh, fitness and lifestyle blog Bondi Beauty, has quickly flipped her rebuilt 1890s Paddington terrace.
She paid $2,325,000 for the three bedroom, two bathroom terrace last year and has just completed the transformation, with a $4,035,000 sale achieved in just days of it hitting the market.
Marketed as a London style terrace, the home now comes with four bedrooms, three bathrooms with features finishes sourced from around the world.
Phillips Pantzer Donnelley agents Alexander Phillips and Gavin Lewis had set a late August auction date.
Manos wrote the book A Red Carpet Guide to Sydney.
This article first appeared in the Daily Telegraph.
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Lifestyle blog founder Renae Leith-Mano sells Paddo reno

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Craig Garvin, boss of French-owned dairy company Parmalat, has settled on a revamped Paddington terrace.
The $7.2 million sale makes the contemporary residence the second most expensive in the suburb this year.
The home, which is set up for busienss and residential, has five bedrooms, five bathrooms and a vast office space on the ground level.
It last traded for $3.6 million in 2007. Craig and wife Linda have just sold their long-time Chatswood home pre-auction. It cost $1.14 million in 2005.
Agent Harriet France sold the home, advertising it as "melding Palm Springs modernism with Manhattan sophistication."
Garvin has been the chief executive officer at Parmalat since 2010.
Before joining Parmalat he held senior positions at Star City Hotel and Casino, Arnotts Biscuits and PepsiCo.
This article first appeared in the Daily Telegraph.
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Parmalat boss Craig Garvin buys revamped Paddington terrace

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A four bedroom Newtown, NSW Victorian terrace listed with $3 million plus hopes sold on the weekend for $3,520,000 through Urbane Inner West.
Located at <a href="https://www.realestate.com.au/property-house-nsw-newtown-125790158" target="_blank">33 Georgina Street</a>, the 321 sqm property is situated high on Newtown’s dress circle opposite Hollis Park.
Built in 1885, it was bought in 2011 by Nikki and Benje Kemp for $2.37 million.
It had previously sold in 2001 for $1.35 million, 1999 for $1.065 million and $632,000 in 1994 and in 1987 for $220,000.
The living and dining rooms are warmed by marble gas fireplaces while the chef’s kitchen has it’s own gas cooktop as well as marble and timber finishes.
<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/2017/07/10/33%20Georgina%20Street-2.jpg" alt="">
The master suite features a dressing room, balcony and spa bath while the top level has space for a bedroom, ensuite and kitchenette.
The ground level self-contained apartment has its own private entrance and study.
Other features includes a deck, sandstone courtyard and garage.
The auction is on July 29 through Urbane Property agents Prue Holcombe and Charles Bailey.
A historic Newtown home has been listed with record setting $5 million plus hopes.
The 131-year-old home at 20-28 Munni Street goes to auction on August 19. 
 The 622-square-metre block is one of Newtown’s largest single landholdings. There is a four-bedroom, three-bathroom house built in 1876.
The house last traded in 1988 for $368,000.
Musician Lara Goodridge holds the record with her recent purchase of a terrace on Watkin Street Newtown for $3.8 million.
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Four bedroom Newtown terrace sold

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Splendour in the Grass co-founder Jessica Ducrou and her surfboard shaping partner Dain Thomas have bought in Paddington.
They've paid $3.65 million for a <a href="https://www.realestate.com.au/sold/property-house-nsw-paddington-125252890" target="_blank">renovated Glenmore Road terrace</a>.
More than doubled in price since its last $1.75 million trade in 2013, the three level home is a mix of contemporary and classic.
It has four bedrooms and two bathrooms.
The top floor is dedicated to the master retreat and the lower-level living and dining space is flanked by a courtyard at both ends.
<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/2017/07/Splendour2.jpg" alt="">
Di Jones Eastern Suburbs agents Jane Schumann and Gary Sands sold the home.
The couple have been Byron Bay based at their historic 109 year old farmhouse Killarney.
The two level Queenslander had five bedrooms and an entertaining deck that overlooked the saltwater pool and large cabana. 
Ducroe is the managing director of Secret Sound Group, a company that she runs with music industry veteran Paul Piticco.
The two first combined over 20 years ago, working with Australian rock band Powderfinger.
Piticco was the bands manager and Ducrou was the booking agent.
The two were described by Billboard as two of the Australian music industry's top power players.
In 2001 the two combined to launch Splendour in the Grass in Byron Bay, with Powderfinger headlining the inaugural show.
The following year the two founded Secret Sounds, a full-service tour promotor which is now valued at around $60 million.
Ducroe had founded Homebake Festival in 1996.
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Splendour in the Grass co-founder buys in Paddington

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Sydney's most stylish mother-daughter fashionista duo, Claudia and Vivian Chan Shaw, have sold their Woolloomooloo terrace after three decades of ownership.
It was the <a href="https://www.realestate.com.au/sold/property-terrace-nsw-woolloomooloo-125560202" target="_blank">Dowling Street headquarters</a> where they ran their knitwear fashion business.
Vivian Chan Shaw, who began her fashion career in the 1960s, was the queen of Australian knitwear. She had her first salon under the Sydney Hilton in the early 1970s and then a store in the Queen Victoria Building for 28 years until 2014.
Claudia Chan Shaw appeared for many years as a panellist on the ABC series Collectors.
With period features including lacework, high ceilings and sandstone wall components, it sold for $2.21 million through Geoff Cox and Jason Boon at R&amp;W Elizabeth Bay.
The four level Victorian terrace zoned commercial mixed use last sold in 1987 for $180,000.  
This article first appeared in the Sunday Telegraph.
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Legendary knitwear queen Vivian Chan Shaw sells Woolloomooloo terrace

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Despite spending more time back in Italy, veteran magazine publisher Marcello Grand has bought back into the Sydney market, settling on a redesigned Victorian terrace in Paddington.
It's a investment rental for Grand however, who paid $2,215,000 for the home revamped by interior designer Thomas Hamel.
There are whispers Grand is already planning a renovation.
It has three bedrooms, one bathroom, a dressing room and a rear courtyard that flows from the stainless steel kitchen and dining area.
Two of the bedrooms have balconies while the third acts as an attic retreat.
Ray White Double Bay agent Peter Leipnik sold the home which is now up for rent at $1,350 a week, which would reflect a three percent yield.
It was 1983 when Grand established Studio Magazines. 
His first magazine was Studio Collections was a womens' fashion magazine with the Black + White magazine its most known after launched in 1992 and published until 2007. 
Having studied at Turin University, Marcello had previously worked as an architect and advertising consultant.  
Grand sold his renovated Darling Point penthouse for $3,525,000 late last year. He paid $1.4 million for the unit in 2012 from former Double Bay Art Gallery director Alan Winters.
 
 
 
 
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