The residential transformation of St Kilda Road is set to continue into with more new apartment plans for the sought-after boulevard.

Wing Tai Asia has lodged plans for a major residential tower at 464-466 St Kilda Road, replacing the former VACC House with an 18-storey mixed-use development designed around a retained heritage podium and a sculpted contemporary tower.

The proposal, prepared under Victoria’s Significant Residential Development with Affordable Housing pathway, would deliver 325 apartments and ground-floor retail across the prominent 4,653 sqm boulevard site in Melbourne’s St Kilda Road North Precinct.

The project centres on the adaptive reuse of the site’s heritage-listed VACC Building, an eight-storey office designed by Bernard Evans that has occupied the address for decades. Planning documents state the development would involve “carefully dismantling and conserving off-site the original metal fabric of the podium visible from St Kilda Road,” before reinstating it as the defining frontage of the new scheme.

Above the restored podium, Wing Tai is proposing a curvilinear residential tower. The scheme includes 172 one-bedroom apartments, 63 two-bedroom apartments, 66 three-bedroom apartments, and 24 four-bedroom apartments, alongside two ground-floor food and beverage tenancies fronting St Kilda Road.

The tower has been designed with substantial articulation and variable setbacks to minimise perceived bulk and maintain view corridors along the boulevard. Urbis, which prepared the planning report, said the design “has been significantly articulated through a curvilinear design” with “an interplay with materials, façade expression and depth” to create visual separation and visual interest.

The proposal also includes 254 basement car spaces, landscaped pedestrian links connecting St Kilda Road and Queens Lane, and a biophilic landscape strategy featuring canopy trees, raised planters, cascading greenery and a glass oculus pool overlooking the eastern frontage.

Planning documents confirm the $270.1 million development will contribute 3 per cent of project costs to the Social Housing Growth Fund as part of the application process.

Wing Tai acquired the St Kilda Road property in 2018 alongside Abacus Property Group for $95.38 million, before later consolidating ownership of the site. The property previously served as the Victorian Automobile Chamber of Commerce headquarters for around 60 years.

The transformation of the St Kilda Rd boulevard is already beginning to materialise, with a number of high-profile projects recently completed, launched, or approaching launch as developers continue to back the long-term appeal of the precinct.

Among the most notable recent completions is Louise by Samuel Property Group, just off the strip on Queens Lane, the same pocket Hirsch &amp; Faigen recently launched The Queensbury. Mirvac is too on the same street with The Albertine, which is approaching completion.

Dexus recently secured approval for its slice of St Kilda Road, while Gurner also has approved plans for the precinct.

Joel Robinson

Wing Tai unveils 325-apartment St Kilda Road tower on former VACC House site

Malaysian developer <a href="https://www.apartments.com.au/developers/s-p-setia">SP Setia</a> is the latest to jump into St Leonards booming Transport Oriented Development precinct.

The developer, which has previously delivered Sapphire by the Gardens apartment development in Melbourne, identified the Atchison Street site in 2023. It filed a Scoping Report around 12 months ago, and now has revealed the designs for the new&nbsp;40-storey mixed-use tower.

The State Significant Development Application covers <a href="https://next-portal.urban.com.au/projects/14650/summary">20-22 Atchison Street</a>, a 1,374 sqm site positioned between St Leonards Station and the new Crows Nest Metro station.

Designed by <a href="https://www.apartments.com.au/architects/cox-architecture">COX Architecture</a>, the project would deliver 181 apartments, above a four-storey commercial podium, five basement levels, and new public domain works along Mitchell Street. The apartment mix comprises 35 one-bedroom apartments, 39 one-bedroom-plus-study apartments, 85 two-bedroom apartments, and 22 three-bedroom residences.

The proposal has been lodged as a shop-top housing development under the NSW Government’s TOD planning pathway, which allows increased density around key transport infrastructure. The site sits within the recently rezoned Crows Nest Accelerated TOD Precinct.

<img alt="First look: SP Setia targets St Leonards skyline with 40-storey TOD tower" data-entity-type="file" data-entity-uuid="b799673d-48e2-46b0-801a-0e33a9330100" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/atchinson%20site.png?VersionId=dPh0UfwfaHpbFL1R7H1cbZNbIW0CHbCC" />

SP Setia acquired the Atchison Street site as part of its continued expansion into the Australian apartment market. In comments made to City &amp; Country (The Edge Malaysia) in 2023, SP Setia President and CEO Datuk Choong Kai Wai described the acquisition as “a strategic move” aligned with the group’s post-pandemic market recovery strategy.

“Our target for this exceptional development is local and overseas buyers, including first-home buyers, downsizers and investors,” Choong said.

The tower has been designed as a slender vertical form rising from a mixed-use podium, with COX Architecture positioning the development as a response to the evolving St Leonards and Crows Nest skyline.

“The purpose of the project is to facilitate the delivery of high-quality housing at a strategically located site and deliver a built tower outcome that is consistent with the desired future character of St Leonards and aligns with the TOD controls,” the design report stated.

<img alt="First look: SP Setia targets St Leonards skyline with 40-storey TOD tower" data-entity-type="file" data-entity-uuid="b1a85eee-76f7-436c-a6da-73ba827b9b13" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/atchinson%20entry.png?VersionId=dA9jHGPMcm.dDbwk4QfxqWiY5bfh3UVt" />

The podium would incorporate retail uses fronting Atchison Street, commercial tenancies, landscaped communal areas, and pedestrian improvements along Mitchell Street. Vehicle access and loading would be consolidated via Atchison Lane.

Residents would have access to more than 665 sqm of communal indoor and outdoor spaces, while the development proposes 96 parking spaces across five basement levels.

The proposal also includes a commitment for 10 per cent of residential floor space to be allocated toward affordable housing through a monetary contribution.

COX said the tower form responds directly to the emerging high-density character of the precinct while seeking to maximise solar access, cross ventilation, and outlook from apartments.

<img alt="First look: SP Setia targets St Leonards skyline with 40-storey TOD tower" data-entity-type="file" data-entity-uuid="2163f85c-f63b-4be3-aafa-f8763976cec5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Article%20Feature%20Image%20%28Grid%29_5.png?VersionId=WiAmtIKJ6.ZQ41EtYEQ1fol7AeorKBlL" />

“The building is orientated towards north,” the Apartment Design Guide compliance report noted, adding that the tower’s slim form was driven by the constrained inner-urban site dimensions.

The design also incorporates landscaped setbacks and communal open space at podium level, intended to soften the interface with surrounding streets and improve pedestrian amenity.

The project adds to a growing wave of redevelopment proposals reshaping St Leonards and Crows Nest following the opening of the Sydney Metro City line and the NSW Government’s push for higher-density housing around major transport nodes.

Last week Stockland filed plans just down the road. They want to build a <a href="https://www.apartments.com.au/new-apartments/601-pacific-highway-st-leonards-nsw-2065">52-storey tower on Pacific Highway</a>.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/first-look-stockland-plans-52-storey-538-apartment-st-leonards-tower">First look: Stockland plans 52-storey, 538-apartment St Leonards tower&nbsp;</a>

First look: SP Setia targets St Leonards skyline with 40-storey TOD tower

<a href="https://www.apartments.com.au/developers/urban-property-group">Urban Property Group</a> has revealed plans for a new mixed-use tower at 10 Dangar Street, Wickham, advancing a proposal that would reshape the southern gateway to Newcastle’s city centre with one of the city’s tallest residential buildings.

The State Significant Development proposal, now on exhibition, seeks approval for a <a href="https://www.apartments.com.au/new-apartments/bowline-10-dangar-street-wickham-nsw-2293">43-storey tower</a> immediately adjacent to the Newcastle Interchange. The project would deliver around 200 apartments, including 42 affordable housing dwellings, alongside 99 co-living units, a 171-room hotel, retail space, and new public domain integrated through the site.

The scheme marks a significant escalation of plans previously approved for the site. Urban Property Group took over the prominent 2,904 sqm parcel, where excavation and demolition had already commenced under an earlier consent for a 14-storey mixed-use development.

<img alt="First look: Urban Property Group unveils Newcastle’s next supertower at Wickham interchange" data-entity-type="file" data-entity-uuid="58a96dd9-407f-4d20-86b4-94e4bfeef74b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/wickham%20podium.png?VersionId=LGlf08pdFGAZDzvx_CXC4XakHNZRuEE0" />

Designed by <a href="https://www.apartments.com.au/architects/sjb-architects">SJB</a>, the tower has been conceived as a landmark transit-oriented development anchored to the Newcastle Interchange precinct. The proposal includes 245 build-to-sell apartments across a mix of one, two, and three-bedroom residences, as well as two penthouses. Fifteen apartments and one operational unit are earmarked for NDIS housing. The co-living component would add a further 99 units, while the podium would accommodate retail uses and hotel facilities.

SJB said the site presents “a valuable opportunity to anchor the precinct by setting the standard for design, active ground planes and character at the key southern gateway.”

The architecture responds directly to the site’s position beside major transport infrastructure and within one of Newcastle’s fastest-evolving urban renewal precincts. The tower form sits above a sculpted podium designed to frame new public spaces, including a through-site pedestrian link connecting Station Street to Hannell Street, landscaped plazas, and activated retail edges.

<img alt="First look: Urban Property Group unveils Newcastle’s next supertower at Wickham interchange" data-entity-type="file" data-entity-uuid="a7bd6ff0-f7db-4ce8-a6dc-ea56e72c6149" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/wickham%20lanne.png?VersionId=xzf39VADyhj7zBQY2I9fx9vI62u2tuSb" />

The design report describes the project as part of the broader transition of Wickham into “a vibrant, high-quality mixed-use urban precinct” that leverages proximity to the station, open space, and regional connectivity.

A detailed public art strategy has also been prepared for the development. The strategy positions the project as “a transit-oriented development of state significance at the gateway to Newcastle’s city centre” and outlines a series of integrated artworks responding to Newcastle’s industrial and transport heritage.

Creative Road’s curatorial framework for the project, titled Unveil, draws on “stratified surfaces, carved volumes, and light-filled apertures” while referencing Newcastle’s transformation from an industrial city into a contemporary education and technology hub.

<img alt="First look: Urban Property Group unveils Newcastle’s next supertower at Wickham interchange" data-entity-type="file" data-entity-uuid="77a882bb-14b1-4d28-99ff-9438e39508c0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/wickham%20site.png?VersionId=cevgo_vN0eKPK78P8YcEu3mKPLkpFqE7" />

The proposal is being advanced through the NSW Housing Delivery Authority pathway after being declared State Significant Development in June 2025. The accompanying scoping report states the development aims to “maximise the site’s proximity to the Newcastle Interchange by delivering transit-oriented development” while increasing housing supply and affordable housing provision within the Newcastle LGA.

Urban Property Group’s plans align with the long-term strategic vision established under the Wickham Master Plan, which identified the interchange precinct as suitable for substantial uplift in height and density. The current proposal would significantly intensify that vision, positioning the tower among the tallest developments proposed for Newcastle.

The site sits immediately north of the Newcastle Interchange, bounded by Dangar Street, Hannell Street, and Charles Street. It is surrounded by a rapidly growing cluster of residential towers and mixed-use projects that have emerged following the completion of the light rail and transport interchange.

First look: Urban Property Group unveils Newcastle’s latest tower at Wickham interchange

Bottega House has completed settlement of a landmark riverfront site in Macquarie Street, St Lucia, representing its first major Brisbane development.&nbsp;

Positioned on the banks of the Brisbane River, the <a href="https://www.apartments.com.au/new-apartments/180-macquarie-street-st-lucia-qld-4067">premium site at 180 Macquarie Street</a> features uninterrupted river frontage in one of Brisbane’s most tightly held residential precincts.&nbsp;

The proposed development, currently under assessment with Brisbane City Council, has been designed by <a href="https://www.apartments.com.au/architects/plus-studio">Plus Studio</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/mim-design">Mim Design</a> and will deliver a boutique collection of premium residences positioned specifically for owner occupiers and downsizers.&nbsp;

The residences are set to redefine luxury apartment living in the area, with a focus on architectural quality, refined finishes, landscape integration and elevated amenities including curated wellness facilities, resort-style pools and recreation spaces rarely seen in the local market.&nbsp;

Exclusive sales for the project will be led by Keenan &amp; Byrne, ahead of an anticipated launch later this year.&nbsp;

Bottega House Managing Director Nick Malloch said the project reflects the group’s ambition to deliver a highly curated residential offering within one of Brisbane’s most tightly held precincts.&nbsp;

“This is an incredibly rare riverfront opportunity and one we have approached with a long-term perspective,” Malloch said.&nbsp;

“Our vision from the outset was to create a boutique collection of residences that feel more like private homes than traditional apartments, with generous proportions, refined finishes and exceptional amenity throughout."

Malloch says there is a&nbsp;lack of premium owner-occupier stock of this quality in the market, particularly for downsizers wanting space, privacy and a true lifestyle offering without compromise.&nbsp;

"Demand is expected to be strong given the scarcity of premium riverfront opportunities of this nature within Brisbane’s inner-west."&nbsp;

Bottega House secures landmark riverfront site in St Lucia 

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The arrival of the first piling rig officially marks the commencement of construction at SIERA’s new beachside apartment development, Exhale, in Northcliffe.

<a href="https://www.apartments.com.au/new-apartments/exhale-surfers-paradise-8-enderley-avenue-surfers-paradise-qld-4217">Exhale</a>, a glass-encased tower featuring 54 large-scale apartments at 8 Enderley Avenue, is SIERA’s third Gold Coast development. It follows the recently completed PIPIS Bilinga beachfront project, which achieved suburb-record prices, and the soon-to-be-completed Chevron Island development, Tapestry.

[smartcode_project:default project_id=112661 project_image_fid=359603]

<a href="https://www.apartments.com.au/developers/siera">SIERA</a> Founder and Managing Director Brent Thompson said the arrival of the piling rig represented a significant milestone for the development, which is scheduled for completion in late 2028.

Over the next month, around 260 piles are expected to be installed as work progresses on the basement structure. The building is anticipated to rise above ground level early next year, before unveiling its sculptural glass curtain wall, developed in collaboration with specialist façade engineers.

“The façade was designed to maximise panoramic coastal views while creating a distinctive architectural identity,” Thompson said.

[smartcode_project:default project_id=112661 project_image_fid=355935]

Designed by BDA Architecture, Exhale will comprise just 54 two- and three-bedroom residences across 26 levels, a level of low-density living rarely delivered in this beachside pocket between Surfers Paradise and Broadbeach.

The project has been conceived as a resident-only building, with no short-stay accommodation permitted. SIERA says the model is intended to appeal to long-term owner-occupiers rather than transient holiday demand.

[smartcode_project:default project_id=112661 project_image_fid=361052]

Residences have been designed with large-format layouts and expansive glazing, with most apartments featuring more than 30 metres of glass frontage to maximise natural light and ocean views.

The amenity offering spans two levels and centres on wellness and lifestyle, including a heated magnesium pool, sauna, yoga and Pilates studio, gymnasium, private dining facilities, cinema lounge, and dedicated surfcraft storage.

[smartcode_project:default project_id=112661 project_image_fid=359607]

More than half of the apartments have already sold. SIERA has also opened a sales gallery for Exhale at its Chevron Island commercial premises, near its Tapestry tower and the site of its second Chevron Island apartment development, which is slated to launch in early 2027.
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[smartcode_project_cta:default project_id=112661]

SIERA kicks off construction at Northcliffe tower Exhale

Trophy Sale

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Palm Beach's recent priciest listing has been sold.
It was <a href="https://www.realestate.com.au/sold/property-house-nsw-palm+beach-128167494" target="_blank">the Ocean Road townhouse style project </a>of Hardie Grant chairman John Gerahty and wife Patricia.
It was listed with high hopes despite not having the land size of its near record setters.
The Manly Daily speculate the sale price was "around $20 million".
With a handy six car spaces, the Gerahty's home sits on 965 square metres which was part of the Deaton family's Tropique property before it was subdivided and sold off.
One of the parcels went to Sydney Swans chairman and investment banker Andrew Pridham.
The Gerahty's had the four level home was completed just last month by Cadence and Co.
The no-expense spared build was designed to make the most of its north-facing position, with views to the Barrenjoey Lighthouse. 
The home has six bedrooms, a media room and separate guest quarters. 
Christie's International agent Ken Jacobs calls it the pinnacle of Palm Beach.
Jacobs says the natural beauty of Palm Beach and the lack of apartment developments have ensured continued appeal.
A $20 million sale would not be the highest Palm Beach since in 2016 Gretel Packer secured the family bungalow on its well-shaded 4000 square metre beachfront reserve holding in a transfer with a notional $24 million value.
It was 1981 when her father, the late media tycoon Kerry Packer broke through the beachside suburb's million-dollar threshold with his $1 million purchase of the Ocean Road holding from the MacCormick family, who had paid 12,000 pounds in 1952.
The $24 million figure ranked as Palm Beach's priciest as the prior high was the $22 million paid nearby by car dealer Laurie Sutton in 2012 for the trophy home, Kalua.
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Palm Beach's priciest townhouse trophy home listing's mystery sale

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A new freestanding residence with views over Berrys Bay has been sold for $4.5 million, well above the suburb's median price.
Designed by Corben Architects, the home at <a href="https://www.realestate.com.au/property-house-nsw-mcmahons+point-124560798" target="_blank">29 Dumbarton Street, McMahons Point</a> sits opposite the Sawmillers Reserve.
It spent over 520 days on the market before being sold by Stone Real Estate
<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/2018/6/16/mcmahons2.jpg" alt="">
The three bedroom house was built by Gartner Rose with water views from all living areas including the master suite and the study area.
It comes with a breakfast bar opening to a private courtyard, along with an elevated garden/BBQ entertaining area.
Gartner Rose paid $1,125,000 for the home on 215 sqm in 2006.
 
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Freestanding McMahons Point residence sells $700,000 above suburb median

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<div>A palatial waterfront reserve home in Eraring in Lake Macquarie has sold for a record breaking $2.5 million.</div>
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<div>It was picked up by a Sydney buyer who bought it after a single inspection.</div>
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The home at <a href="https://www.realestate.com.au/sold/property-house-nsw-eraring-127933194" target="_blank">53 Payten Street</a> sits on a vast 5,285 sqm parcel with views over Lake Macquarie from every room.</div>
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<div>The land last traded for $260,000 in 1997 before the home was built in 2000.</div>
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<div>It spent over 450 days on the market and initially sought $3.4 million to $3.5 million when listed in March last year.</div>
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<div>Ray White Toronto selling agent Paul Wrigley said the buyer fell in love with it on the spot.</div>
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<div>It topped the previous Lake Macquarie record, set when a home sold for $1.85 million.</div>
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<div>Architecturally-designed, the home has four bedrooms, three bathrooms, a sauna, wet bar, library, and an audio room.</div>
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<div>An infinity pool and spa overlook the water.</div>
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<div>The listing advised it has rental potential of $1,200 to $1,500 a week.</div>
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Record sale at Lake Macquarie picked up by Sydney buyer

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The Jersey-based billionaire funds pioneer Graham Tuckwell and wife Louise have emerged as the buyers of the record setting Hyams Beach sale.
They paid $4.8 million for the <a href="https://www.realestate.com.au/sold/property-house-nsw-hyams+beach-127983214" target="_blank">beachfront Cyrus Street</a> dress circle offering that came with two houses, dubbed Jacaranda and Driftwood.
It was bought sight unseen by the Canberra born philanthropist.
Jacaranda is the original home closest to the Jervis Bay foreshore. 
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Driftwood is a four bedroom contemporary home with two courtyards that sits on 1,370 sqm, one of the largest blocks in the popular tourism hamlet.
JB Beach Houses Vincentia agent Geoff Keighran sold the home in just 39 days.
Tuckwell is the founder and chairman of ETF Securities which holds $30 billion in assets.  This article was first published in the Saturday Daily Telegraph.
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Billionaire Graham Tuckwell buys record Hyams Beach home

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The recently departed ARU deputy Rob Clarke and his lawyer wife Kylie Virtue-Clarke have sold their luxury Mosman waterfront to a Seaforth family.
The price guidance had been between $9.5 million and $10.5 million through Richardson &amp; Wrench agent Andrew Blaxland who was marketed the home as the "closest thing to the Whitsundays on Sydney Harbour".
It last sold at $4 million in 2003.
Designed by architect Patrick Nicholas, the Parriwi Road home comes with boatshed and private beach at low to mid tide.
Mosman has had XX sales above $10 million this year, including Cardross, the long-time Stenmark family home where Susie and Damien raised their four children. 
They accepted a pre-auction offer through Raine &amp; Horne agent Brendan Warner having paid $2.65 million in 1998 when the twins, Jordan and Zac were six.
 
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<a href="http://www.rwm.com.au/-mosman-nsw-3979160/"></a>This article first appeared in The Sunday Telegraph. 
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Former rugby union boss Rob Clarke sells Mosman beachfront

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Southern Highlands-bound retired Wallaby's skipper Stirling Mortlock and wife Caroline have sold their <a href="https://www.domain.com.au/83-pymble-avenue-pymble-nsw-2073-2014414771" target="_blank">Pymble family home</a> for $3.8 million before its scheduled auction.
They've called the red brick residence home for the last decade, having paid $2.4 million in 2008, just a few years after it was built.
The five bedroom home sits in 1,208 sqm of manicured gardens which feature a tennis court and saltwater swimming pool.
Tim Fraser at Di Jones North Shore secured the pre-auction sale.
Mortlock captained the Wallby's, Brumbies and Melbourne Rebels over his illustrious 14 year career.
He pulled on the Wallaby's jersey 80 times, winning the famous Bledisloe and Tri-Nation Series' victories of 2000.
Following his 2012 retirement, Mortlock became a wealth director at NAB. Last year he moved to Peak Advisors.
This article was first published in the Saturday Daily Telegraph.
 
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Wallaby legend Stirling Mortlock sells at Pymble

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Property developer Jason Varker-Miles has spent $5.3 million on a Mosman home with his wife, Trish.
It looks like a savvy purchase, after the five bedroom home had a guide of $5.75 million to $5.95 million.
Varker-Miles said patience paid off, allowing the Sydney market to cool having sold the former Mosman home he shared with wife, PR dynamo Trish.
"We have enjoyed being tenants for a couple of years, it has given us time to look around the market to consider different locations and what we really wanted in a family home," he told me.
"Being a renter over this period has also given the hot Sydney market time to cool to a point we were happy to buy again."
In 2016 they sold their Fox Johnston-designed home nearby for $10.1 million.
They had paid $4,068,000 for the property in 2014 and went about constructing the opulent home with plenty of copper and sandstone on Parriwi Road.
Their new purchase is set on nearly 1000 sqm of manicured gardens near Sirius Cove.
The kitchen and living space opens to an outdoor entertaining area with pool.
McGrath Mosman agent Jacqui Rowland-Smith sold the home after 44 days.
 
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Property developer Jason Varker-Miles spends $5.3 million on Mosman home

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In Fitzroy North, it was buyers from North Queensland who paid $1.3 million post-auction on an award winning two-bedroom home, Casa de Gatos, which translates to house of cats in Spanish. 
The single storey <a href="https://www.realestate.com.au/sold/property-house-vic-fitzroy+north-128374126" target="_blank">49 Rae Street property</a> had come with $1.2 million to $1.3 million price guidance after its design by WOWOWA Architects.
The home won the <a id="LPlnk696956" class="x_OWAAutoLink" href="http://www.wowowa.com.au/portfolio/casa-de-gatos/" target="_blank" rel="noopener noreferrer">Victorian Australian Institute of Architects 2017 Small Projects Award</a>, expressly designed with the owners two dogs and two cats in mind.
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Husband and wife team Monique and Scott Woodward are the founding directors of WOWOWA – a studio “governed by the metric of happiness”.
Its most striking feature is a curved, carpeted, orange cat wall topped by an aerial cat walkway.
Nelson Alexander agent Rick Daniel told The Age it wasn’t the biggest selling point for the new owners.
 
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Award-winning 'house of cats' home in Melbourne sells

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Walker House, the luxury Bayview home of Chinese property developer Richard Gu, has new owners. It sold just hours before its scheduled recent mid-week auction.
Gu had paid $7.95 million for the home less than 12 months ago.
Walker House, completed under the ownership of the Walker family in 2007, had an $8.5 million guide through LJ Hooker Avalon agent Claudio Macolongo who was under instructions not to reveal the price or buyer.
The home with a 20 metre wet edge pool and championship size tennis court was based largely on the groundbreaking 1946 Kaufmann House in Palm Springs, California.
It has five bedrooms, five separate living zones, a gym, steam room and spa. Walker House was influenced by the designs of Richard Neutra and Frank Lloyd Wright.
This article was first published in the Saturday Daily Telegraph.
  
 
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Richard Neutra-inspired Walker House, Bayview sold

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The blue blood Hordern family's longheld Bellevue Hill trophy has finally sold.
The <a href="https://www.realestate.com.au/property-house-nsw-bellevue+hill-127431754" target="_blank">heritage-listed Ginaghulla Road home</a>, which has been in the Hordern family name for 84 years, had a recent guide of $22 million.
It initially sought $30 million when listed in late 2016.
It sold Thursday night at an undisclosed price. The Wentworth Courier had by mid-Friday suggested it fetched $21 million.
Property Observer is aware there had been a recently rejected $23 million offer by buyers who instead bought pre-Easter at Rose Bay.
The Hordern House was built as a wedding gift for June Baillieu and Samuel Hordern, who united two of Australia's most prominent families.
<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/2018/6/8/hordern2.jpg" alt="">
One of Sydney's most famed architects Professor Leslie Wilkinson was commissioned to design the home some 80 years ago.
The Knox family sold the 2700 sqm parcel that had been part of the landmark Rona estate for £6,000.
In classic Wilkinson fashion, the home, still etched with the Hordern family coat of arms, is set behind a walled entry with a forecourt in a church-style.
Behind Spanish Mission-style arched doorways sits eight bedrooms, five bathroom and two kitchens, spread across an east and west wing.
The swimming pool was added in the late 1980s.
The Hodern House was passed around agency's before being sold by Ray White Double Bay agents Gavin Rubinstein and Elliott Placks
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Trophy Sale

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