<a href="https://www.apartments.com.au/developers/s-p-setia">SP Setia</a> has lodged plans for a $750 million, three-tower mixed-use precinct that would complete the long-running redevelopment of Carlton's former Carlton United Breweries site.

The proposal at <a href="https://www.apartments.com.au/new-apartments/185-195-queensberry-street-carlton-vic-3053">46-78 Bouverie Street and 185-195 Queensberry Street</a> spans a 6,468 sqm site, the last remaining undeveloped parcels within the former brewery's 2007 masterplan.

Designed by <a href="https://www.apartments.com.au/architects/cox-architecture">COX Architecture</a>, the development will comprise two purpose-built student accommodation towers and a third build-to-sell apartment tower above a shared commercial podium and basement.

Across the three towers, SP Setia is proposing 606 build-to-sell apartments and 1,499 student accommodation units containing 2,009 beds.

The apartments will sit in the tallest tower, which will rise nearly 200m and 55 storeys. It will become&nbsp;one of the more substantial new build-to-sell apartment projects at the northern edge of Melbourne's CBD.

The apartment mix is weighted toward smaller inner-city product, with 188 studios, 206 one-bedroom apartments, 192 two-bedroom apartments and 20 three-bedroom apartments

<img alt="First look: SP Setia plans three-tower finale for Carlton’s former CUB precinct" data-entity-type="file" data-entity-uuid="8271bc87-1b0a-41b7-ac73-a425ee375261" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/3_2.png?VersionId=G4lw23o90B1boX4k4dj7rdz2ZEajS9wy" />

Part of the precinct will be a large-scale&nbsp;3,684 sqm supermarket and a further 2,198 sqm of speciality retail, creating close to 5,900 sqm of new commercial space within the precinct.

But one of the biggest components of the proposal is what sits between the buildings.

Around 4,650 sqm, or roughly 72 per cent of the site, will be publicly accessible open space, incorporating plazas, pedestrian connections, landscaped laneways and retail spill-out areas.

The ground plane is intended to finally complete pedestrian connections envisaged when the CUB masterplan was first approved nearly two decades ago, stitching together Victoria Street, Queensberry Street, Bouverie Street and Swanston Street through the former brewery precinct.

Urbis said the development would "complete the CUB precinct", with the public realm providing important north-south and east-west connections through what is currently the final undeveloped portion of the masterplanned site.

SP Setia is also exploring a new linear park within the Bouverie Street road reserve, with the concept to be developed further with the City of Melbourne through the planning process.

The proposal is being pursued through the Victorian Government's Development Facilitation Program under Clause 53.23 for significant residential development with affordable housing.

The planning report acknowledges the proposed heights exceed those contemplated under the original Comprehensive Development Plan and masterplan, but argues the built-form context has changed considerably over the past two decades.

Urbis said the three towers would instead create a stepped transition between Carlton and the Hoddle Grid, rising progressively from the 94.1-metre Tower One along the Queensberry Street edge to the 199.44-metre Tower Three closer to the established CBD-scale buildings to the south.

<img alt="SP Setia" data-entity-type="file" data-entity-uuid="e885a07a-592c-40fc-bf82-e6dbaf32da54" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-21%20at%208.52.24%E2%80%AFAM.png?VersionId=7s_ErUkSKAdY1mAWp3GRZgMNCGtwhk5m" />

SP Setia plans to deliver the development across three stages.

Stage One would deliver the basement, podium and retail areas for the entire precinct alongside the first student tower. Tower Two would follow in Stage Two, before the 606-apartment Tower Three is delivered as the final stage.

If approved and delivered, the project would close out a redevelopment process that has been underway since the former brewery masterplan was approved in 2007, adding more than 2,600 student beds and apartments to a precinct already home to Swanston Central, the Barak Building, RMIT Design Hub and several large student accommodation developments.

&nbsp;

&nbsp;

Joel Robinson

SP Setia plans three-tower finale for Carlton’s former CUB precinct

Melbourne developer Lowe Living is seeking to add to its growing bayside apartment pipeline, filing plans for a boutique eight-residence development in tightly held Middle Park.

Lowe Living, which has built much of its development portfolio across Melbourne's affluent bayside and south-east suburbs, is behind the plans for the 730 sqm site at <a href="https://www.apartments.com.au/new-apartments/123-125-erskine-street-middle-park-vic-3206">123-125 Erskine Street</a>, just off Armstrong Street and within the Armstrong Street Neighbourhood Activity Centre.

The developer is seeking approval for a five-storey residential building above two basement levels, with just eight large-format apartments and 18 car spaces.

“This is a deliberately very different proposition for us,"&nbsp;Tim Lowe, Co-Founder of Lowe Living, said.

"Eight residences is exceptionally boutique, but that's precisely what this site calls for.

“There is a strong community in Middle Park and the surrounding suburbs who have spent decades building a life here. They no longer want the maintenance of a large period home, but they aren't prepared to compromise on space, quality or location. We think there is a real opportunity to capture that hyper local market. A site like this rarely comes to market.”

<img alt="Lowe " data-entity-type="file" data-entity-uuid="875fe572-0f14-4d90-9e11-55b28dd07731" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-21%20at%208.42.49%E2%80%AFAM.png?VersionId=GDNQRv9BfpR9r1zkZ5UDyUM4ZvpIksut" />

The low-density proposal has been designed by Cera Stribley and is being progressed through the Victorian Government's Great Design Fast Track pathway, having already secured eligibility from the Minister for Planning.

The Office of the Victorian Government Architect supported its eligibility after finding the proposal demonstrated consistency with the program's seven design principles, while the project's financial feasibility has also been independently confirmed by Invest Victoria.

The project is targeting the downsizer market, with the planning documents describing the homes as larger-format residences and noting the two penthouses could otherwise have been configured as four separate apartments.

<img alt="Lowe 2" data-entity-type="file" data-entity-uuid="60ab0987-2da6-4175-adac-315dcf6053c6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-21%20at%208.43.15%E2%80%AFAM.png?VersionId=bOCPH0B2MFwlmaRW.TTCF9TzyifgVoQI" />

The site has dual frontage to Erskine Street and Canterbury Place and currently comprises a collection of commercial buildings used as offices, including a former heritage bakehouse, a former stable, a later gabled addition and a central courtyard.

It sits within the Commercial 1 Zone and the Armstrong Street Commercial Precinct heritage overlay, with the existing property classified as a contributory heritage place.

Heritage has subsequently played a significant role in Cera Stribley's design.

The front section of the former bakehouse facing Erskine Street will be retained, including its return walls, street-facing hipped roof and chimneys, while the Erskine Street façade and part of the western return wall of the former stable will also be incorporated into the new development.

Levels four and five will be set back five metres from the retained stable façade, while bricks removed through demolition are proposed to be salvaged and reused within the new building where possible.

<img alt="Lowe 3" data-entity-type="file" data-entity-uuid="e97927a9-a2de-4a0f-83b6-65451238abfa" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-08-21%20at%208.43.06%E2%80%AFAM.png?VersionId=VR44AChLrX9q1XPB9GvVQV.ALXXbe4gC" />

Rather than presenting as a single five-storey building to Erskine Street, Cera Stribley has broken the development into a series of distinct forms.

A three-storey infill element will sit between the retained bakehouse and stable façades, with the upper levels recessed behind the heritage fabric. Canterbury Place will similarly feature two three-storey podium forms, separated by a central pedestrian accessway, before the upper two levels step back from the street.

A pedestrian through-link will run through the centre of the project between Erskine Street and Canterbury Place, creating entrances from both sides of the site and introducing landscaping and communal areas through the ground plane.

Landscape architect Acre has designed planting across the ground level, private terraces and upper levels, including a feature canopy tree at level three and integrated planting and arbours across the level four terraces. Five existing Erskine Street trees are proposed to be retained.

Sustainability is also a significant component of the Great Design Fast Track application. The apartments are targeting an average eight-star NatHERS rating, with no residence below 6.5 stars, while the project has achieved a 75 per cent BESS score. Seven of the eight apartments are designed for cross-ventilation, with the remaining residence using mechanically assisted natural ventilation.

The plans also incorporate an 8kWp rooftop solar system, a 5,000-litre rainwater tank and infrastructure allowing future electric vehicle charging for every residence.

Lowe has a strong portfolio across Melbourne's blue-chip suburbs. They recently launched <a href="https://www.apartments.com.au/new-apartments/jardin-house-by-lowe-living-camberwell-335-camberwell-road-camberwell-vic-3124">Jardin House by Lowe Living</a> in Camberwell, their first development in the Stonnington LGA.

Lowe Living unveils Middle Park apartment development

Article summary

<ul data-end="888" data-start="289">
	<li data-end="442" data-section-id="8tsh6o" data-start="289">DVB Projects is preparing to launch its second Gold Coast apartment development, with demolition now underway at 137 Old Burleigh Road, Broadbeach.</li>
	<li data-end="573" data-section-id="1nyxl3e" data-start="443">The 34-level tower will comprise just 49 ultra-luxury residences, including half-floor, full-floor and penthouse apartments.</li>
	<li data-end="717" data-section-id="oiyimj" data-start="574">The launch follows strong demand at DVB's nearby Sea Glass project, which is more than 50 per cent sold and currently under construction.</li>
	<li data-end="888" data-section-id="epk9o9" data-start="718">The development adds to the transformation of Old Burleigh Road, with premium beachfront apartment projects continuing to reshape the tightly held Broadbeach strip.</li>
</ul>

<a href="https://www.apartments.com.au/developers/dvb-projects">DVB Projects</a> is preparing to launch its second Gold Coast apartment development, with demolition now underway on the Broadbeach site as the Sydney developer moves closer to bringing the ultra-luxury project to market.

The 34-level tower at <a href="https://www.apartments.com.au/new-apartments/137-old-burleigh-road-broadbeach-qld-4218">137 Old Burleigh Road</a> will comprise just 49 residences, ranging from half-floor apartments through to full-floor homes and a penthouse. The launch follows the strong sales performance of DVB's nearby Sea Glass development. More than half of the apartments at Sea Glass, on the other side of Broadbeach, have been snapped up, well ahead of its late 2027 completion

<img alt="DVB Projects to commence demolition on $320m Broadbeach luxury tower" data-entity-type="file" data-entity-uuid="2944b4be-c84e-4b54-8dc1-c712e76704c0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/E02_Exterior_Street%20Level%20Entrance.jpg?VersionId=YoNig7pRdrE3HCue7sUj78LzJteeQf3H" />

The start of demolition at 137 Old Burleigh Road signals DVB Projects’ underlying confidence in the Gold Coast’s luxury beachside apartment sector.

“We see the Gold Coast as one of the most compelling lifestyle markets in Australia, particularly at the premium end where demand continues to deepen,” said Dean Brown, Managing Director of DVB.&nbsp;

“This project has been carefully designed to respond to that demand - delivering large-format residences with a level of quality, privacy and amenity that is still relatively rare in the apartment market on the beachside."

Brown says the site itself is "exceptional."

"Old Burleigh Road is one of the most tightly held beachfront strips, and opportunities to deliver a project of this scale and calibre in this location are extremely limited.”

<img alt="DVB Projects to commence demolition on $320m Broadbeach luxury tower" data-entity-type="file" data-entity-uuid="398f377a-c037-455e-9250-0c5e0d84c35b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/I12_FF%20Balcony.jpg?VersionId=NwOiRWGMubR1c8wthuEfggklcja7al9." />

The project will comprise 40 half-floor residences of approximately 260 sqm, alongside eight full-floor residences spanning around 524 sqm.

A single penthouse will crown the building, featuring a private pool, barbecue area, indoor gym and dedicated entertaining spaces.

Residents will have access to a resort-style suite of amenities, including a 20-metre pool with daybeds, a gymnasium, hot and cold plunge pools, a sauna, and private residents’ lounge and dining facilities.

<img alt="DVB Projects to commence demolition on $320m Broadbeach luxury tower" data-entity-type="file" data-entity-uuid="d1642bb0-9a66-4427-a022-dfc0988c6287" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/A02_Pool%20to%20View.jpg?VersionId=c0IXPyn_Gp_Kn3XCwzMrqIVkAdCEwVXP" />

Sales agent Todd Matheson, of <a href="https://www.apartments.com.au/project-marketer/pezet-matheson">Pezet Matheson</a>, which is marketing both 137 Old Burleigh Road and Sea Glass, said 137 Old Burleigh Road would address a clear gap in the market for genuine luxury products.

“There are very few opportunities on the Gold Coast where buyers can secure a residence of this size and quality in a new building,” Matheson said.

“What we’re seeing is a growing cohort of downsizers and interstate buyers who still want space - they’re not willing to compromise on living area, entertaining or finishes.

“This project has been designed with that buyer in mind. It offers the scale of a home, combined with the convenience and security of apartment living, in one of the coast’s most desirable positions.”

<img alt="DVB Projects to commence demolition on $320m Broadbeach luxury tower" data-entity-type="file" data-entity-uuid="59aae0ca-5639-4320-8aca-d0bf60f48e43" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/E01_Exterior%20Hero.jpg?VersionId=DS8Zfy2WtgUEtdfe0TEUuf1W1GfcZq8S" />

Located on a 1,156 sqm site one block from the beachfront, the development will replace an ageing walk-up building and is expected to contribute to the ongoing transformation of the Old Burleigh Road strip into one of the Gold Coast’s most prestigious residential corridors.

With the development moving into the delivery phase, 137 Old Burleigh Road is slated to hit the market later this year.

[smartcode_project_cta:default project_id=145141]

DVB Projects to launch second Broadbeach apartment tower as demolition commences

<a data-end="327" data-is-only-node="" data-start="250" href="https://www.apartments.com.au/developers/norus-projects" rel="noopener" target="_new">Norus Developments</a> has lodged plans for a new apartment development in Clayton that would add further momentum to the suburb's emerging Green Street corridor.

Plans have been lodged for the consolidated site at <a href="https://www.apartments.com.au/new-apartments/1359-1365-centre-road-clayton-vic-3168">1359-1365 Centre Road</a>, where Norus is seeking approval for 218 apartments across a 12-storey apartment building designed by <a href="https://www.apartments.com.au/architects/life-architecture-and-urban-design">Life Architecture</a>.

The proposal sits within the Clayton Major Activity Centre at the threshold of the planned Green Street corridor, a landscaped pedestrian connection intended to improve links through the precinct towards Clayton Railway Station.

The development would replace the site's existing collection of low-scale residential and commercial buildings with a single consolidated building, introducing significantly greater housing density to this part of Centre Road.

A retail tenancy is proposed at ground level to activate the Centre Road frontage, accompanied by transparent street interfaces and landscaping intended to create a more pedestrian-focused edge to the development.

<img alt="First look: Norus Developments plans landscape-led apartment project for Clayton’s emerging Green Street" data-entity-type="file" data-entity-uuid="0a5a763a-d9e9-4253-af2f-88008de27ebf" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Clayton%20a.png?VersionId=S2WJJbat1XVkZwB9SnYtygirXgWHiklX" />

The building has been designed with stepped massing and upper-level setbacks to manage its transition towards surrounding residential properties. The planning report describes the approach as one that integrates the building into the landscape rather than treating landscaping as a secondary element.

"A strong landscape and public realm strategy underpins the proposal," Urbis states in the planning report.

"Public benefits include an affordable housing contribution, a new pocket park, generous landscaped setbacks, deep soil planting and integrated Water Sensitive Urban Design."

The report adds that these elements are intended to create "a permeable, pedestrian-focused ground plane that enhances walkability, supports urban cooling and reinforces the emerging Green Street character."

Biophilic and passive design principles extend through the residential levels, with planting, daylight, natural ventilation and views towards landscaped areas forming part of the amenity strategy.

Parking would be concentrated away from the public realm, with 145 car spaces proposed from the rear laneway rather than dominating the Centre Road frontage.

The proposal follows an extensive pre-application process with the City of Monash. Three formal meetings were held between the project team and Council from December 2025 to March 2026, with the scheme evolving through several concept iterations before the current design was lodged.

The project arrives as Clayton prepares for substantial change around its established activity centre and the wider Suburban Rail Loop precinct. Its position on Centre Road places the development within an existing concentration of shops, services and public transport, while the Green Street connection is intended to strengthen pedestrian access towards Clayton Railway Station.

First look: Norus plans landscape-led apartment project for Clayton’s emerging Green Street

<a href="https://www.apartments.com.au/developers/gardner-vaughan-group">Gardner Vaughan Group</a> has officially commenced construction on Bronze on Chevron, celebrating the sod turning of its first-ever Gold Coast development and marking a significant milestone in the company's continued expansion across South East Queensland.&nbsp;

Following the successful delivery of premium residential developments throughout Brisbane and the Sunshine Coast, <a href="https://www.apartments.com.au/new-apartments/bronze-on-chevron-8-mawarra-street-chevron-island-qld-4217">Bronze on Chevron</a> represents Gardner Vaughan Group's entry into the Gold Coast market. Bronze will deliver 119 one, two, three and four-bedroom apartments above two ground-level retail tenancies.

[smartcode_project:default project_id=107520 project_image_fid=367193]

The recent sod turning ceremony was attended by Deputy Mayor Mark Hammel, President of the Surfers Paradise Surf Life Saving Club, Cassandra Sedgman, project consultants, purchasers, project partners and invited guests to celebrate the commencement of construction.&nbsp;

Gardner Vaughan Group Chief Executive Officer Simon Betteridge said Bronze on Chevron represented an exciting new chapter for the business.&nbsp;

"We've spent almost four decades building homes that respond to the way people want to live, and we're excited to bring that experience to <a href="https://www.apartments.com.au/developments/chevron-island-qld-4217">Chevron Island</a>," Betteridge said.

"Bronze on Chevron is particularly significant because it marks Gardner Vaughan Group's first development on the Gold Coast following many successful projects across Brisbane and the Sunshine Coast."

[smartcode_project:default project_id=107520 project_image_fid=367183]

Betteridge said the ground breaking is a proud moment for the&nbsp;team and their purchasers, who can now see their future homes beginning to take shape.&nbsp;

"As both developer and builder, we're able to oversee every aspect of the project from design through to construction, ensuring the quality and attention to detail Gardner Vaughan Group has become renowned for."&nbsp;

Designed by acclaimed architectural practice <a href="https://www.apartments.com.au/architects/cottee-parker-architects">Cottee Parker</a>, Bronze on Chevron has been thoughtfully designed to complement Chevron Island's evolving streetscape while embracing its relaxed coastal lifestyle.

The development will offer generous residences with refined interiors, premium finishes and resort-style amenities, with completion anticipated in early 2029.&nbsp;

[smartcode_project_cta:default project_id=107520]

The development will offer generous residences with refined interiors, premium finishes and resort-style amenities, with completion anticipated in early 2029

Gardner Vaughan Group breaks ground on first Gold Coast development, Bronze on Chevron

Warrawee

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The Warrawee home of miner Jerry Ren, who was once dubbed the Northern Territory’s only billionaire, is whispered to have been sold.
Bremon, which cost $11.5 million in 2010, is an imposing house on a 6400 square metre Chilton Parade holding.
There are suggestions the Chinese-born Australian Wilson Hui Xiong Xue, the self-described shoe king of China who dabbles in mining, may have an interest in its acquisition.
Xue owns the former Balmoral Slopes home of Richard and Jane Freudenstein that cost $23,733,800.
Ren has been bankrupted and is separated from his wife Xia Kong. 
This article was first published in the Sunday Telegraph.
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firstname1-iYD4UYzvBa

Jerry Ren's Warrawee home rumoured to have been sold

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A Warrawee five bedroom house designed by architect Augustus Aley has been sold.
It was offered by Carl Ferris and Donna Ferris from McConnell Bourn, without public price guidance.
<a href="https://www.realestate.com.au/sold/property-house-nsw-warrawee-128677922" target="_blank">Located at 8 Yosefa Avenue</a>, the 1920s Spanish Mission villa has been transformed into a laid back style, sophistication and contemporary family living.
The first level of the house comes with the monochrome kitchen with ample bench space, formal and relaxed living rooms, and lounge with fireplace.
The second floor features parent retreat with own balcony and additional fifth bedroom. 
<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/2018/7/23/warrawee%201.jpg" alt="">
Additional extras include selected fixtures and fittings throughout the home, including rich hardwood floors, large light filling windows, plantation shutters, high patterned ceilings plus an array of pendant lighting.
The outdoor features landscaped backyard, paved alfresco terrace, gourmet veggie garden and tranquil water fountain as well as grassy lawns.
It is within walking distance to Warrawee Station and Knox Grammar, and also minutes from village shops, local eateries, buses plus local reserves.
The suburb's median house price sits at <a href="/developments/warrawee-nsw-2074">$2,576,000</a>, according to CoreLogic.
<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/2018/7/23/warrawee%203.jpg" alt="">
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j.ballantyne1990-6AQqhLzZaK

1920s Spanish Mission-style Warrawee gem sold

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International award-winning aged care developer Mark Moran Group are teaming up with a number of industry leaders to create a new batch of residential apartments on Sydney's upper north shore.
The Warrawee apartments dubbed 'Embrace' will be created by architect Benson McCormack, interior designer Evette Moran and landscape architect Charlie Albone.
The project at 1496 Pacific Highway will comprise 52 one, two and three bedroom apartments over two buildings. 
Mark Moran Group founders Mark and Evette Moran decided that the time was right to share their expertise, according to Mark Moran Group property director David Bacon.
“Our development philosophy is to consistently design with integrity and innovation… maintaining a specific focus on user delight and life quality," Bacon said.
"We develop, own and successfully operate a varied property portfolio across seniors, residential, tourism and hospitality sectors… a collaboration with residential apartments is the next exciting step for the Mark Moran Group.
Bacon said Mark Moran Group have assembled an exceptional project team to deliver a unique and wonderful setting.
<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/2018/3/26/war2.jpg" alt="">
Savills are marketing the campaign lead by the director of residential projects Peter Coulton.
“Evette Moran is regarded as one of the most innovative interior designers around," Coulton said. 
In 2016 she was awarded Industry Changemaker for innovation for all of Australia and Asia.
“The architects, Benson McCormack Architecture, have worked with landscape architect Charlie Albone from the hit television programme, Selling Houses Australia, to create a beautiful communal courtyard downstairs between the two buildings," Coulton said.
A rooftop garden will feature BBQs and shading, providing living space extensions and space for a true community to foster.
There will be citrus trees and a herb garden within the central communal courtyard.
The development overlooks a nature reserve at the rear, while existing native trees on the site have been included in the landscape plans.
For more information <a href="http://www.embracewarrawee.com.au/" target="_blank">click here.</a>
 
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jrobinson-rf4aSBido9

Mark Moran Group diversify into residential development 

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The former Star City chief executive David Banks and his wife, Jackie, have settled on Wichita, the Warrawee trophy home.
Banks, who sits on the board of Aristocrat, paid $5.25 million for the <a href="https://www.realestate.com.au/sold/property-house-nsw-warrawee-124708826" target="_blank">historic residence</a> that was built in 1928.
It was owned by author Penelope Janu, wife of WorleyParsons’ general counsel Peter Janu.
Designed by renowned architect Emil Sodersten, the Tudor-style home featured in The Australian Home Beautiful magazine in 1930.
It sits in Peter Fudge designed gardens and has five bedrooms, four bathrooms and an infinity edge pool.
Chadwick Real Estate agent Lynette Malcolm sold the home.
Banks was previously based in the James Orwin, Georgian-style designed Pymble home Ballinlough, which he sold to former chief justice of the High Court Murray Gleeson and his wife Robyn.
Gleeson sold Sandon, his home on the same road, just before the purchase.
 
 
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David Banks buys Wichita at Warrawee

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One of the Northern Territory's richest oil and gas magnates Jerry Ren, has listed his huge Warrawee mansion, Pantagruel.
Ren paid a suburb record $11.5 million in 2010 for the massive nine bedroom, 11 bathroom home that spans over 2000 sqm.
Architect Espie Dodds designed the home in the 1980s for oil magnate Pat Burke, drawing inspiration from the colonial era's Elizabeth Bay House.
It first sold incomplete in 1999 for $3 million to entrepreneur Simon and Brenda Tripp.
The home with stately formal lounge and banquet style dining room has a theatre, full sized billiard room, home bar, 3,000 bottle wine cellar and home office.
There's a pool and championship tennis court on the large 6,405 sqm private estate which Luschwitz Real Estate Pymble agent Stephen Sales listed this week.
There are $15 million expectations.
Locals have long referred to it as the Chilton Hilton given its nine bedrooms and 11 bathrooms.
This article first appeared in the Daily Telegraph.
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jchancellor-FAypfDUnLy

Magnate Jerry Ren lists Warrawee mansion Pantagruel

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Last spring's trophy listing on the upper north shore, Kooyong at Warrawee sold with the settlement price showing at $7.85 million through Christies International agent Darren Curtis.
Kooyong (pictured above) is the historic Warrawee mansion on 9,000 square metres that last traded for $6.35 million in late 2008 when bought by the chief financial officer of Sirius Minerals, Jason Murray, and his wife, Danni.
It has been bought by the Hitchcock-Gransier family who sold through LJ Hooker's Robert Ward for $4.1 million in Lindfield late last year, but who still own at Dee Why. It's Francois Hitchcock and Jackie Gransier.
Kooyong is estimated as still ranking as the area's largest estates, and unquestionably one of its most historically significant properties given<a href="https://radicalterrace.com/post/30809445267/kooyong-55-hastings-road-warrawee-sulman" target="_blank"> the 1895 mansion was designed by architect Sir John Sulman</a>. Kooyong, originally named Upton Grey, was built for the prominent flour milling industrialist Gillespie family, who lived there until 1917 when the property sold to William Henry Locke, the general manager of Royal Exchange Assurance of London, who renamed it Kooyong.
The sale is not however a suburb record which has stood as $11.5 million since 2010 when mining magnate Jerry Ren bought Bremon, the mansion once known as Pantugeul. Ren is the controlling shareholder in the privately owned Australian Oil and Gas, which has mining rights over close to 300,000 square kilometres - nearly a fifth of the Northern Territory. 
But Title Tattle is now aware there has apparently been a new suburb record in neighbouring Wahroonga of about $9.2 million. It's a house that likewise has had a name change over the years.
It's <a href="https://www.ourestates.com.au/properties.php?id=9394153" target="_blank">Wairimu the 1927 five-bedroom, 3228-square-metre Water Street home</a> (pictured below) with tennis court and pool. It was sold by the veteran expatriate television executive Steve Askew and his wife, Cressida after being listed for two years with $11 million hopes presumably on top of it having an amazing - and befitting - home cinema.
Our Estates agent Adam Regan secured the sale of the six-bedroom property with the buyer being a senior executive from an accounting firm in China.
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The Wahroonga estate previously had traded in 2007 for $5.2 million, when it was bought some 18 months after its listing by the hotelier Courtney-O'Connor family.
It had traded in 1991 when the Courtney-O'Connor family bought it for $2.5 million.
Property Observer columnist Margie Blok says she knew the property originally as the Penman Residence, designed by Hugh Venables Vernon. It's also been known as Broadlands. And the Wairimu name stems from "wai" meaning "by the water" in Maori and rimu is a New Zealand tree.
The veteran television executive Askew was chief operating officer for News Corp Star TV in Asia, then turning his craft to co-producing movies with Jackie Chan and Andy Lau. The latest Wahroonga sale bettered a late 2013 spring sale on Burns Road through Christies agent Darren Curtis which briefly held the suburb record at $7.5 million.
In 1928, Locke sold Kooyong to barrister Horace Markell, QC, who owned it until the late 1940s when the Australian federal government bought it for the Department of Social Services as a rehabilitation centre.
In 1978, Kooyong was transferred to the CSIRO.
In 1986, shortly after the NSW government imposed an interim conservation order, the property sold for $2.3 million to Knox Grammar School.
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Title Tattle recalls in 2001 Knox Grammar abandoned plans to develop it into a boarding school. There were sheep that grazed on the then prestigious 12,500 square metre property which Knox had been using in agricultural study classes.
For more than 10 years residents of Hastings Road and Pibrac Avenue led by Ian Londish had objected to any development, and while the school eventually won development approval in 1997, it decided after a spending priorities review that the boarding facilities could be provided elsewhere at a significantly lower cost.
When Knox sold the Hastings Road property to the Cahill family for $5.7 million in 2002 the grand house and its outbuildings were in a state of extreme disrepair.
Subsequently, two blocks of land were subdivided from the estate.
In December 2008, the Cahills then sold Kooyong for $6.35 million to Jason Murray, who is the chief financial officer of Sirius Minerals, and his interior designer wife, Danni.
The Murrays renovated even adding a private pub in one of the three outbuildings. 
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