<a href="https://www.apartments.com.au/developers/sunland-group">Sunland Group</a> has officially lodged plans for its first Gold Coast apartment project since the departure of the Abedian family from the company three years ago, unveiling a new high-rise proposal for a prominent Broadbeach corner site on Old Burleigh Road.

The application was submitted by an entity directed by Tom Jamieson, stepson of longtime Sunland leader Soheil Abedian, and Riaz Rezvanipour, brother-in-law of Sahba Abedian, Soheil’s son.

Sunland acquired the 1,283 sqm site on the corner of Old Burleigh Road and Armrick Avenue for $9.5 million late last year and is now seeking approval for a <a href="https://www.apartments.com.au/new-apartments/99-101-old-burleigh-road-broadbeach-qld-4218">42-storey tower with 81 apartments</a>.

<img alt="First look: Sunland Group returns to Broadbeach with new Old Burleigh Road tower plans" data-entity-type="file" data-entity-uuid="fea2946d-90ee-4cfc-babe-2a8ad5db2cb6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/pers.png?VersionId=BV0fihJw31nDIQ8ozY_h3GbS8mxDyhnm" />

Designed by <a href="https://www.apartments.com.au/architects/contreras-earl-architecture">Contreras Earl Architecture</a>, the proposed tower at 99-101 Old Burleigh Road would deliver a predominantly larger-format apartment mix aimed at the owner-occupier market. Plans include 17 two-bedroom apartments, 55 three-bedroom apartments, and nine four-bedroom residences across 35 residential levels.

The development also incorporates three basement levels, four podium parking levels, two levels of communal recreation facilities, and rooftop plant and equipment. A total of 189 car spaces are proposed, significantly exceeding the 90 spaces required under the planning scheme.

The architecture adopts a sculpted, curvilinear form, with deep wraparound balconies and integrated landscaping intended to soften the tower’s vertical expression. The planning report states the building’s “slender footprint/form provides a complimentary yet varied built form within the local streetscape” and contributes to “a varied, yet ordered skyline.”

Contreras Earl noted in its Architectural Statement that from the early stages, the project addressed a fundamental challenge: how to accommodate the required residential yield while avoiding the conventional model of a tower sitting on a rigid, fully resolved parking podium.

“The most direct response would have been to consolidate parking into a singular, flat podium and extrude a repetitive tower above,” the statement said. “While efficient, this approach would result in a consolidated built form with limited engagement with the surrounding landscape and public realm.”

Instead, the conventional podium model was “deliberately rejected”. The architects described the base of the building as “a landscaped architectural condition where structure, planting and circulation are integrated”.

“Rather than presenting a continuous built mass, the base of the building is articulated through a series of concrete planter elements that organise the podium into a fragmented system,” the statement said. “This approach reduces the perceived bulk of the lower levels while establishing a more permeable interface with the streetscape and adjacent open space.”

<img alt="Sunland" data-entity-type="file" data-entity-uuid="923fad8d-c960-4527-8fbe-975cf1ddf88d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-25%20at%2010.32.03%E2%80%AFAM.png?VersionId=pngwb0hYOIUpq9vDw6F2EsOiVuHF3DiX" />

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The site sits within the High Density Residential Zone and inside the City of Gold Coast’s unrestricted “HX” building height area, where the planning framework anticipates intensified residential development tied to the expanding light rail corridor. The planning report notes the area is undergoing “transition toward more intense development forms” given its proximity to Broadbeach, Surfers Paradise, and high-frequency public transport infrastructure.

Positioned directly opposite Broadbeach Park and within walking distance of Florida Gardens light rail station, the development would sit among a rapidly evolving stretch of Old Burleigh Road that has become one of the Gold Coast’s most active apartment development corridors.

The application joins a growing pipeline of luxury residential projects reshaping Broadbeach, including nearby developments by 5Point Projects, Polycell, and Graya.

The planning report argues the project contributes toward the Gold Coast’s long-term housing targets under the South East Queensland Regional Plan, which forecasts the need for more than 100,000 additional high-rise dwellings across the city by 2046.

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The Abedian family departed Sunland Group in late 2023, ending a four-decade association with the company, and subsequently established the private development firm Abedian &amp; Co. The group is currently delivering <a href="https://www.apartments.com.au/new-apartments/greenmount-residences-cnr-hill-street-and-marine-parade-coolangatta-qld-4225">Greenmount Residences</a> at Rainbow Bay and recently launched <a href="https://www.apartments.com.au/new-apartments/18-mary-avenue-14-18-mary-avenue-broadbeach-qld-4218">18 Mary Avenue</a> in Broadbeach.
</section>

Joel Robinson

First look: Sunland Group returns to Broadbeach new apartment market with new Old Burleigh Road tower plans

The Minns Labor Government has established the new Bays West Delivery Authority to lead the development&nbsp;of the Bays West Precinct and Blackwattle Bay Precinct.&nbsp;

The Authority is charged with creating Sydney’s newest precinct, a thriving, connected, sustainable hub with White Bay Power Station as its cultural heart. Its vision is to build on the area’s natural, cultural and industrial history to shape a vibrant new neighbourhood.

The precinct will deliver up to 8,500 well-located homes, including a minimum of 10 per cent affordable and essential worker homes. Combine new housing with public open space, opening public access to the waterfront for the first time in more than 100 years, while retaining important deep-water facilities to support Sydney’s working harbour.

Located just minutes from the Sydney CBD and connected to a world-class metro, ferry, walking and cycling links, the Bays West precinct will rebalance housing growth towards well-serviced inner-city locations and help tackle the state’s housing crisis.

The Bays West Delivery Authority,&nbsp;an agency of the Department of Planning, Housing and Infrastructure, will report to the NSW Minister for Lands and Property who already has oversight of major precinct renewal projects including at Blackwattle Bay and Barangaroo.

As part of the broader Bays West transformation, the Minns Government recently announced that a proposal from Lendlease to redevelop part of the Bays West Precinct has progressed to Stage 2 of the NSW Government’s unsolicited proposals process.

<img alt="Sydney" data-entity-type="file" data-entity-uuid="2ed71eb9-d8e8-4fa7-b9d1-de4531dcf2f3" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-05-25%20at%209.42.31%E2%80%AFAM.png?VersionId=IDryFIbped9SNDg72LEN_EecvhUsOPvp" />

The Minns Labor Government has also confirmed the Bays West precinct will have a new suburb name. This will be the first major suburb built in close proximity to Sydney’s CBD in decades and will encompass the area currently being referred to as Bays West, including Glebe Island and the White Bay Power Station. Served by a new Metro station just five minutes from the CBD, it will become one of the most populous suburbs in the Inner West and one of Sydney’s premier cultural destinations.

An early works program is taking shape, which&nbsp;includes the first stages of an international design competition.&nbsp;

The aim of the Bays West&nbsp;International&nbsp;Design Competition is to&nbsp;ensure design excellence is embedded in the project from the start. The competition will deliver an&nbsp;urban framework that defines the character, ambition and long-term identity of&nbsp;this&nbsp;former industrial precinct as it transitions to a vibrant, inclusive and sustainable residential&nbsp;neighbourhood.

The competition will be led by the Bays West Delivery Authority in partnership with Government Architect NSW.&nbsp;

It will launch with an invitation for a global Expressions of Interest, before moving to an invitation-only stage that will be assessed by a panel that&nbsp;will provide advice to Cabinet who will select a winner.

Premier of NSW, Chris Minns said the establishment of the new Authority is the first step in transforming the Bays West precinct into a vibrant, livable suburb minutes from the Sydney CBD and two stops from Hunter St Station on the Metro West line.

“The Authority will deliver well-located homes close to the heart of the city and integrate the new precinct with Blackwattle Bay and the new Sydney Fish Market.

“This is a generational opportunity to build a new suburb on the city’s edge and open the harbour foreshore to the public for the first time in a century.”&nbsp;

Minister for Lands and Property Steve Kamper said the new Bays West Delivery Authority established by the Minns Government will turbocharge the development of Sydney’s newest suburb.

“The Authority is working at a record pace to deliver an international design competition, planning pathways and a financial model so that this development benefits Sydney with well-designed homes in a central location, close to public transport, jobs, entertainment and essential services.

“If we want Sydney to stay liveable and affordable, we need to be bold about using underutilised government-owned land to deliver homes for the future while making sure essential working harbour functions can be accommodated.”

Bays West Delivery Authority established to "turbocharge" Sydney’s newest suburb

Around 400 additional homes could be built at Southwark Grounds on Port Road, lifting total site capacity from 1300 to around 1700 dwellings.

A recently approved code amendment would allow apartment towers of up to 14 storeys in some areas of Renewal SA’s redevelopment of the former West End Brewery.

Renewal SA Acting Chief Executive Shane Wingard said he welcomed the code amendment, with the increase in heights and homes making a positive impact on the supply of high-quality, well-connected housing close to the city.

“By going higher across some parts of Southwark Grounds, we are adding a substantial number of very well-located homes with little impact on project delivery time or planned open space,” Mr Wingard said.

Since the project officially launched in 2025, Mr Wingard said more than 12,000 enquiries had been received about living at Southwark Grounds.

“The very strong early interest we’ve seen since homes were first released in the precinct reinforces our plans to create more housing opportunities,” he said.

The Southwark Grounds code amendment was launched in December last year, with community engagement undertaken over five weeks from January.

It proposed increasing maximum building heights from eight to 14 storeys on the eastern section of Southwark Grounds, and to 12 storeys across the remainder of the site, with minimum building heights ranging from two to four storeys.

The code amendment was implemented through an Early Commencement policy in late January, allowing developers to quickly explore the viability of increased height and housing yield while other planning processes continue.

One of the first developers delivering apartment sites have already finalised redesigns to increase the number of apartments following the code amendment.

Samaras’ development adjacent to the future Colonel Light Park is now planning to deliver 125 apartments across 11 storeys, significantly greater than original plans of around 50 apartments across four storeys.

The developer is also exploring the potential for additional affordable housing outcomes.

Most of the apartments at Southwark Grounds will be delivered within a master-planned precinct on a large parcel of land on the eastern portion of the site, covering around two-thirds of its 8.4 hectares.

Wingard said detailed precinct planning over the coming months may identify further opportunities to increase yield further that could see total apartment numbers at Southwark Grounds, exceed this number.

Affordable homes at Southwark Grounds will also see a net increase, with Renewal SA maintaining its commitment to a minimum of 20 per cent affordable housing across the development.

&nbsp;

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Civil works have begun across the site, with construction under way on the first new roads surrounding a townhouse precinct in the south‑west corner of Southwark Grounds. This includes Renewal SA’s 17 Founder’s Row homes, which are on track for completion by Christmas.

“We expect to have people living at Southwark Grounds by the end of the year, so delivering roads and public spaces for those residents is among our highest priorities.”

Construction of 40 townhouses off Anderson Street, known as West Village and being delivered by Contour, is forecast to begin in mid‑2026. Kolabb’s Anderson Lane development will follow shortly after, delivering a further 26 townhouses.

Southwark Grounds is a state government‑led urban renewal project now set to deliver around 1,700 homes over the next decade.

Homes will be supported by a supermarket, a range of retail and hospitality offerings anchored by a revitalised Walkerville Brew Tower, a childcare centre, car parking and well‑connected public spaces.

400 new homes planned for Adelaide's former West End Brewery site

Brisbane developer&nbsp;<a href="https://www.apartments.com.au/developers/cavcorp">Cavcorp</a> has lodged plans for a new mixed-use residential development at <a href="https://www.apartments.com.au/new-apartments/55-wyandra-street-teneriffe-qld-4005">55 Wyandra Street</a>, Teneriffe, anchored by an 85-metre public laneway designed to reconnect the suburb’s riverfront with the Gasworks precinct.

The buildings, known as Teneriffe House and Teneriffe Lane, would replace the existing Queensland Cotton head office site with a 15-storey residential tower transitioning to eight storeys toward Helen Street. The project has been designed by Plazibat Architects and lodged as a code assessable development application for 93 apartments across a 3,401 sqm mixed-use site within the Newstead and Teneriffe Waterfront neighbourhood plan.

Central to the scheme is the transformation of an existing service easement into a publicly accessible cross-block connection linking Wyandra and Helen Streets. Cavcorp says the new laneway will act as both a pedestrian shortcut and a landscaped civic space between the Teneriffe Riverwalk, ferry terminal, and Gasworks precinct.

<img alt="First Look: Cavcorp unveils Teneriffe House and Teneriffe Lane plans for landmark wellness tower in Teneriffe" data-entity-type="file" data-entity-uuid="26e7f058-b065-4de8-b13d-a2b8cb64dfcc" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/bldg.png?VersionId=sELS0ZKYi361oYipUa1BIKfe_.DLZoFV" />

“The revised proposal delivers a legacy public-realm cross-block link, permanently secured for community use, transforming an existing private easement into a safe, high-quality pedestrian connection between the Teneriffe heritage riverwalk and the Gasworks–Long Island precinct,” the planning report states.

The laneway will sit beneath a large subtropical loggia integrated into the podium levels of the development. The design incorporates deep landscaping, water gardens, lobby spaces, business lounges, and ground-floor apartments to create what Cavcorp describes as a climate-responsive “urban verandah.”

The tower itself has been designed as a slender form with recessed floorplates and curved translucent corners inspired by contemporary Japanese architecture. The building height aligns with the Commercial Road precinct controls, which permit towers up to 15 storeys within proximity to Longland Street.

<img alt="First Look: Cavcorp unveils Teneriffe House and Teneriffe Lane plans for landmark wellness tower in Teneriffe" data-entity-type="file" data-entity-uuid="a8a17d40-43b6-4718-b3fd-67676fcbb485" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/pers%202_1.png?VersionId=i3VwDtp5AmL_8InW7w4qRbDFEpb744Jt" />

The project will comprise a mix of larger-format apartments aimed at owner-occupiers, downsizers, and families. The proposed apartment mix includes 11 loggia apartments across the lower levels, 50 four-bedroom Sky-Terrace apartments from levels three to seven, and 32 Sky-Pool Homes occupying the upper tower levels. The Sky-Pool Homes will feature private thermal plunge pools integrated into oversized balconies.

According to the application, the apartments are intended to reinterpret the scale and character of Teneriffe’s woolstore conversions and Queensland homes within a vertical residential format.

“The sky-pool homes build on Cavcorp’s previous projects and introduce a distinct apartment typology to Teneriffe, informed by both local and international precedent and responding to an identified market demand for enhanced safety, space and amenity,” the planning submission notes.

A major focus of the proposal is its five-level wellness and lifestyle offering, extending from the basement through to the rooftop.

Amenities proposed include a rooftop Swim &amp; Racquet Club with a 25-metre Olympic lap pool and tennis court, coworking spaces and libraries, golf simulators, wine storage, concierge facilities, business lounges, pet wash areas, and rooftop longevity-focused wellness spaces with spas, outdoor fitness zones, and landscaped terraces.

<img alt="First Look: Cavcorp unveils Teneriffe House and Teneriffe Lane plans for landmark wellness tower in Teneriffe" data-entity-type="file" data-entity-uuid="944b352c-49b9-4247-a4c6-5967b4b69fda" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/amenity.png?VersionId=Ed_qKjAtMwFT.5gfl3jiA9QwdWxSMsaX" />

All parking will be concealed within basement levels accessed from Wyandra and Helen Streets. Cavcorp says the deep-basement engineering approach allows the entire ground plane to prioritise landscaping, pedestrian movement, and active frontage rather than vehicle infrastructure.

The development continues Cavcorp’s concentration in Newstead and Teneriffe, where the Brisbane developer has delivered a number of apartment projects including Lucent, Le Bain, and Luminare, as well as the Long Island Wellness Precinct nearby. Several of those projects have received national design and architecture awards, including recognition under Brisbane’s “Buildings that Breathe” program.

Cavcorp unveils wellness-focused Teneriffe House and Teneriffe Lane apartment buildings

Focus Group Investments has lodged plans for a new apartment development at <a href="https://www.apartments.com.au/new-apartments/64-70-hanover-street-fitzroy-vic-3065">64–70 Hanover Street</a> in Fitzroy, seeking to utilise the Victorian Government’s recently introduced Great Design Fast Track pathway to accelerate approvals for the project.

The proposal is among the latest developments to emerge through the state-led initiative, which was established to fast-track well-designed residential projects in activity centres and transport-connected inner-city locations. The pathway allows qualifying developments that meet elevated design and housing benchmarks to bypass traditional council planning timeframes and instead be assessed directly by the Department of Transport and Planning.

Designed by SJB, the development will comprise a mix of apartments above activated lower levels, with a strong focus on architectural articulation, landscaping, and communal amenity. The design response seeks to balance the industrial character of Richmond’s former warehouse precincts with a more contemporary residential form.

<img alt="First look: Focus Group Investments taps Victoria’s Great Design Fast Track for Richmond apartments" data-entity-type="file" data-entity-uuid="abea51cc-d85b-479e-9aef-a589f3b37ca7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/ground.png?VersionId=e1Kf8EyPWwyiVumtqQ4rM5S4GpOR3CCz" />

Proposed are 63 new dwellings, a wide ranging mix of studio, one-, two-, and three-bedroom apartments, and townhouses and duplexes. They will be spread across a part-three, part-eight storey building.

The Planning and Urban Context Report by Tract says the development is of an "exemplary architectural standard" and has been carefully crafted by SJB Architects.

"Dwellings&nbsp;will benefit from excellent access to natural light, cross-ventilation opportunities and extensive communal space," the report noted.

The architectural material highlights the project’s integration of landscaped elements and communal spaces throughout the building. The proposal also incorporates sustainability initiatives aligned with the Victorian Government’s push for higher-performing apartment developments under the fast-track program.

The Great Design Fast Track was unveiled by the Victorian Government in 2024 as part of a broader housing supply strategy aimed at accelerating the delivery of new homes. Projects assessed through the pathway must demonstrate high-quality architecture, sustainability outcomes, and housing diversity while being located close to public transport and existing infrastructure.

<img alt="First look: Focus Group Investments taps Victoria’s Great Design Fast Track for Richmond apartments" data-entity-type="file" data-entity-uuid="afdbe834-8dc4-4a77-a943-ba07bc927348" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/site_11.png?VersionId=0J657j.TaChAZfp93wqJYBTqSsnREJx2" />

Focus Group, founder and led by Paul De Lutiis, is increasingly active across Melbourne’s inner suburbs, targeting well-connected urban renewal locations suited to medium and higher-density residential development. The Fitzroy proposal continues that strategy, leveraging the area’s strong transport links, established retail amenity, and proximity to the CBD.

Fitzroy has been one of the most popular spots for developers and buyers in recent years. The likes of PACE Development Group, SMA Projects, Crema Group and Chapter Group, currently selling projects in the suburb.

First look: Focus Group Investments taps Victoria’s Great Design Fast Track for Fitzroy apartments

Woollahra

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The five-bedroom Woollahra house Icilus has been listed by the former coal baron, Brendan McPherson, and his wife, Rowena.
They want $13 million for the Ocean Street home.
They had bought it in 2010 for $8 million from the late media chief, Ian Law, and his wife, Roslyn who had bought it for $6.8 million in 2006 from Dion Werbeloff, the chief operating officer at Goldman Sachs JB Were, and his wife, Caroline Ralph-Smith.
The 1880s home was featured in Vogue Living after its Thomas Hamel makeover.
Prior to working at the Donaldson and Gloucester coal companies, McPherson worked with the Gas &amp; Fuel Corporation of Victoria.
These days McPherson runs the Rose Bay Regatta restaurant.
Nearby a <a href="https://www.realestate.com.au/sold/property-house-nsw-woollahra-126097058" target="_blank">1930s home on Edgecliff Road</a> fetched $10.1 million at auction earlier this week when sold to a Moncur Street-based neuroradiologist who outbid others including Quadrant Private Equity operative Charles Gibbon.
After an opening bid of $8 million it was neuroradiologist Jason Wenderoth who secured the home of Margaret Allsopp, of the Angus and Coote jewellery family
Allsopp, who bought it in 1972 for $126,000, has downsized to a $6 million Double Bay apartment.
The freestanding five bedroom home with harbour aspect came with a approval to develop the adjacent 157 sqm property with a two bedroom home.
Ray White Double Bay selling agent Gavin Rubinstein had expected a sale between $8 million and $8.8 million, but bidding strengthened when four parties competed from $9 million onwards when auctioned mid-week through Ray White's James Keenan.
Recently the Rosemont Avenue home of Monaco-based mining magnate Chris Kyraikou and his estranged wife Phoebe fetched $10 million plus. 
 
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Five-bedroom Woollahra house Icilus listed amid trophy home sales spree

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Former swimwear model Jodhi Meares has helped her mother Denise Macpherson downsize just weeks after finding her own $2.75 million Sydney bolthole in Watsons Bay.
The mother-daughter duo have bought a two-bedroom Woollahra apartment that cost $1.37 million.
It is in an art deco complex amid the popular village.
It was secured in a recent off-market transaction in the block made famous in the 1970s when its facade featured in the television ­series Number 96.
The apartment sits above the streetfront retail space that long traded as the Eva Breuer Gallery.
It is not the first time the mother-daughter duo have co-owned.
There was a two-storey Paddington terrace that was ­recently sold to an expatriate.
They had paid $900,000 for the Victorian-style Underwood St terrace in 2004 that fetched about $2.6 million.
Soon after her 1999 marriage to tycoon James Packer, the Tigerlily label founder made sure her mother was looked after, securing a $2.4 million St Thomas St, Bronte, home for her.
The house was offloaded for $3.41 million in 2003, a year after the divorce.
Meares has been busy in her own property dealings of late.
After selling a Point Piper apartment, the fashion entrepreneur bought back into the market with a timber Victorian Georgian-style fisherman’s cottage at Watsons Bay.
Painted in baby blue, the $2.75 million home will be her Sydney bolthole since she divides her time between Sydney and the US, especially Hawaii.
Goodyer Real Estate agents Pauline Goodyer and Rosalia Marasco sold the home that came with design approvals to extend the two-bedroom dwelling by architects Cracknell and Lonergan.
The heritage-listed 1880s cottage — one of the fisherman’s cottage group of the Camp Cove village — had been passed in on a $2.7 million vendor bid before Meares swooped.
This article first appeared in the Daily Telegraph.
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Fashion entrepreneur Jodhi Meares helps her mother purchase Woollahra apartment

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An empty spacious Victorian Woollahra house has been listed for sale.
Located at <a href="https://www.realestate.com.au/property-house-nsw-woollahra-126022726" target="_blank">56 Oxford Street</a>, the 213 sqm property has a corner position with a north east to rear aspect.
It was designed with a frontage of over seven metres with lane entry to parking.
It features a formal lounge along with kitchen and casual living area that overlooks the courtgarden.
<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/2017/08/18/56%20Oxford%20Street-2.jpg" alt="">
There are three level layouts that offers five bedrooms on the upper levels with the master bedroom having its own balcony with views.
It also features original characteristics including four fireplaces.
The property is footsteps from public transport with access to Woollahra and Paddington lifestyle areas.
The property is offered through McGrath agents Eitan Rubinstein and Greg Carr.
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Spacious Victorian Woollahra house listed for sale

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The Woollahra abode of Phoebe Kyriakou, the ex-wife of the Monaco-based Australian mining magnate Chris Kyriakou, has been snappily sold.
The matrimonial mansion, on Rosemont Avenue, the suburb's most prestigious boulevard, was listed with $10 million plus hopes.
The one time film producer Phoebe remained in residence while Chris stayed in Monaco, heading up the Cayman Islands based Natasa Mining.
The longtime mining magnate known as “The Golden Greek”, first made headlines in the financial gossip columns in the highflying late 1980s and their separation made for more recent headlines. 
This was their 2011 purchase, bought for $7.9 million from the Point Piper-bound publican Peter Ryan and his wife Toni.
The couple have also secured $4.25 million their glamorous Southern Highlands farm, also known as Eleuthera, which was where they married in 2000. 
They made a huge splash when six years ago they celebrated their birthdays - his 60th and her 40th - with a six-day, $1 million party on Christina Onassis’s yacht off Monaco.
The suburb's strong sales run has seen orthopaedic surgeon Professor Craig Waller and his wife Dr Fiona Waller sell their 1860s home for about $9 million, up solidly on the $7.45 million paid in 2015.
Woollahra's big auction yesterday saw just the two ultra-cautious bidders completing for the Wallis Street home of Lisa O'Brien, the non-executive director at Bupa and Smith Family chief.
The five bedroom, four bathroom home had been tipped by Ben Collier at The Agency to fetch $6.3 million plus, but the bidding petered out at $6.35 million.
It was however sold within an hour at an considerably higher, though undisclosed price.
There's been very keen interest in offerings around Woollahra's $3.4 million median house price.
Barbara and Graham Sylvester, co-owners of Paddington's hairdressing icon Sloanes, sold their classic Victorian three bedroom Ocean Street home for $3,505,000 through Di Jones agents Gary Sands and Jane Schumann. 
The Sylvester's, who paid $865,000 in 2001, are planning to return to England.
The Woollahra record house price stands at $16.5 million when Listowel, the 2779 sqm Edgecliff Road battle-axe property was sold last spring by the Vrisakis family.
The buyers, Brett and Tina Levy rank as only the fourth owner of the 1930s home built for the Cobcroft family.
This article first appeared in the Sunday Telegraph.
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Woollahra abode of Phoebe Kyriakou sold

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The Double Bay dentist and medical appliance innovator David Penn, who is best known for his 2010 purchase of Villa Veneto in Point Piper, has secured an Woollahra investment.
It is a $1,855,000 three bedroom apartment on Trelawney Street in Manningham, a grand converted Victorian manor with just five apartments.
Ray White Double Bay agent Richard Carwin sold the home.
Penn and wife Linda, the Lowes Manhattan heiress, like to dabble usually with fixers uppers.
They set a then record Sydney when bought the five-storey Italianate harbour front villa Villa Veneto from recruitment entrepreneur Andrew Banks and his wife Andrea.
Late last year they opened up the harbourfront home for the inaugural Masquerade Ball for Children's Medical Research Institute, raising $700,000.
This article first appeared in the Daily Telegraph.
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jrobinson-rf4aSBido9

Double Bay dentist David Penn buys Woollahra investment

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The Woollahra home of Phoebe Kyriakou, ex-wife of the Monaco-based Australian mining magnate Chris Kyriakou, has been listed with $10 million plus hopes.
Eleuthera last traded at <a href="https://www.realestate.com.au/property-house-nsw-woollahra-126020770" target="_blank">$7.9 million in 2011</a> when the Rosemont Avenue home was bought from publican Peter Ryan and wife Toni.
The one time film producer Phoebe remained in residence of the home while Chris stayed in Monaco, heading up the Cayman Islands based Natasa Mining.
Set on 570 sqm, the home has four bedrooms and four bathrooms. 
Chris Kyriakou, the longtime mining magnate known as “The Golden Greek”, first made headlines in the financial page gossip columns back in the highflying late 1980s. 
His last big splash was when the couple celebrated their birthdays together with a six-day, $1 million party on Christina Onassis’s yacht off Monaco - his 60th and her 40th some six years ago.
He recently sold Bowral's iconic 1888 Grand Arcade for $10 million, doubling his money having paid $4.75 million in 1999.
Their glamorous Southern Highlands farm, also known as Eleuthera, sold in 2015 for $4.25 million. They married at the Ellesmere Road property in 2000. 
They'd previously been renting Malcolm and Lucy Turnbull's Point Piper investment mansion.
His address in Monaco has been the prestigious Seaside Plaza on the Avenue des Ligures.  
This article first appeared in the Daily Telegraph.
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Woollahra home of Phoebe Kyriakou listed

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A Woollahra house has been sold for the first time.
Located at <a href="https://www.realestate.com.au/sold/property-house-nsw-woollahra-125623350" target="_blank">5 Weldon Lane</a>, off Holdsworth Street, it came to the market for the first time since it was purchased new in 1987 for $380,000.
The double garage has side-by-side parking while the upper level bedrooms has a master with ensuite and north facing balcony.
The home was marketed by Daniel Baran &amp; Reece Coleman from Stone Double Bay.
The property was marketed with a $3.8 million price guide.
The home was offered by the Merlini family following the passing last month of Estela Merlini, wife of the late Michael Merlini, former Pan Am &amp; United Airlines general manager for Australia.
The home is one of five near identical “terraces” built in Weldon Lane in the mid-1980s on the site of old Eyles Woollahra Swimming Pool, where the former Olympic Coach and Bondi legend, Sep Prosser, was notorious for pushing his students into the water to learn to swim. 
The pool had been built in the 1960s on the site of the Morrison’s “Famous” Cake Factory.
This is the first sale in the street since 1998. 
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Only 100m to Queen Street cafes, the 251sqm offering provided a canvas for a contemporary makeover with oversized living areas, three large bedrooms on the first floor and a prized Woollahra double garage.
It has its own laneway with an extra-wide 9 metre street frontage with generous open living spaces and front and rear court gardens.
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1980s Woollahra home sold for first time

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Fashion stylist Jane Jasper has upgraded homes in Woollahra.
Having sold her renovated, freestanding home for $2.25 million (pictured above), the former Lands End Boutique owner has settled on a $3,532,000 home at the tip of the suburb.
Jasper paid $1.3 million for her old two bedroom, two bathroom home in 2012 which sold after having a buyers' guide of $2.1 million with BresicWhitney agents Catherine Dixon and Shannan Whitney.
Her new purchase is a Burley Katon Halliday designed contemporary home with three bedrooms, a separate study and a swimming pool.
She bought it from restaurateur Basil Daniell and Cherie Bolitho who owned the one-time hatted Darlinghurst restaurant Oh! Calcutta!
Bradfieldcleary Double Bay agent Georgia Cleary sold the home.
Jasper studied at the prestigious London College of Fashion before returning to work at Australian Vogue.
She owned and operated culy boutique Lands End for six years, representing international top-end brands such as Céline, Proenza Schouler and Balmain.
Jasper has been regularly featured in Harper's Bazaar and Vogue and was named one of the best dressed women in Australia by the Sydney Morning Herald.
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Fashion stylist Jane Jasper upgrades in Woollahra

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Actor Liana Cornell sold her Georgian-inspired, architect-designed Woollahra home ahead of the weekend's scheduled auction through LJ Hooker agents Glen Irwin and Peter Yopp. 
Cornell, who will star in the first series of Sky's new historical series Britannia, is the daughter of TV legends John "Strop" Cornell and Delvene Delaney.
Set for release this year, Britannia has been compared to the popular Game of Thrones.
The former model, who was cast in ABC's TV series East of Everything back in 2008 after graduating from NIDA, has spent most of her time split between Byron Bay and Los Angeles, with Europe increasingly on her travel plans.
The three level Russell Street home, rented for $2,000 a week fully furnished mid last year, cost Cornell $2.8 million in 2013.
Surrounded by established tropical foliage with a secret garden, the home sits on a 266 square metre block.
Nearby Barbara and Graham Sylvester, the founders of Paddington's hairdressing icon Sloanes, have sold their classic Victorian home in Woollahra.
The couple, who are planning to return to England, secured $3,505,000 through Di Jones Real Estate. It had a guide of $3.25 million.
The Sylvester's paid $865,000 for the home back in 2001.
This article first appeared in The Sunday Telegraph.
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Actor Liana Cornell finds pre-auction buyer for Woollahra home

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A shop in the fashionable and arty shopping strip of Sydney’s Woollahra is up for lease.
Located at <a href="https://www.propertyobserver.com.au/https://raywhitewoollahra.com.au/properties/commercial-for-lease/nsw/woollahra-2025/retail/1649858" target="_blank">104 Queen Street</a>, the shop has strong street presence and is next to leading brands such as Sotheby’s, MJ Bale, Jo Malone etc.
The 200 sqm property boasts high ceilings and a light-filled external courtyard. 
The property lends itself to an array of uses, or even flagship retail, according to its description on Ray White’s website.
The listing agents are Ben Vaughan and Michael Aubusson of Ray White.
“We have had strong interest from Paul Smith, Aesop, Mother of Pear and Sons Trading,” said Ben Vaughan. 
The property last traded for $5,060,000 in 2010 when it was acquired by Wyelba Pty Ltd, a company run by Alisdair MacLeod and Prudence Murdoch, who bought it from art collector David Roche through Vaughan.
“At that time it housed the much-famed Martyn Cook Antiques and renowned interior designer Thomas Hamel,” said Vaughan.
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