Domain Prestige - July 4

4 JULY / 2018

PRESTIGE THE BEST IN AUSTRALIAN PROPERTY

IVORY TOWER The per fec t palette

B y K ATE FARRE LLY

Clontarf Sydney 5

J E N M E LO CCO

$9 million

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For sale Agent: The Agency Northern Beaches, David Rothschild 0414 606 666 Capturing serene views over Middle Harbour We are a nation obsessed with property: who’s bought it; who’s sold it;

to Balmoral and beyond, this architect-designed

what price they got for it? In this week’s Prestige, we introduce a new

home has been renovated to include luxury

column, Property Path, which looks at some of our most well-heeled

finishes throughout. You can relax on a choice

property owners and how they made their journey from fixer-upper to

of terraces and walk to Castle Rock Beach. The

trophy home. In our first instalment of a monthly column written by Lucy

home has multiple living spaces, a media room

Macken, we delve into the property history of John Symond. While today

and kitchen with Caesarstone benches.

he may be the owner of one of the country’s most prized trophy homes, Wingadal in Sydney’s Point Piper, his early forays into the city’s real estate were not so salubrious. Meanwhile, in our feature story, we look at architect Bayden Goddard and how he is developing a new take on Gold Coast design,

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and feature the home he built for his family, which is on the market. His key

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to success is designing the house, first and foremost, around its location.

Editor: Jen Melocco Jen.Melocco@domain. com.au Editorial producer: Isabelle Chesher Managing editor: Alice Stolz Senior designer: Colleen Chin Quan Graphic designer: Emma Staughton Group picture editor: Kylie Thomson Proofreader: Nicole Bittar Chief editorial & marketing officer: Melina Cruickshank Residential sales: Queensland Brad McLeod, 0429 571 826 New South Wales Jon McConkey 0407 909 739 Victoria & Tasmania Matthew Maasdijk (03) 9249 5295 Western Australia, South Australia & Northern Territory Jeroen van de Peppel 0427 292 797

HOT PROPERTY

PROPERTY PATH John Symond’s journey

FEATURE STORY Gold Coast design today

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GORDON BELL PHOTOGRAPHY

O U R COVE R Clontarf,

LIVING IN Coastal Mandurah

listed by The Agency Northern Beaches.

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DESIGN DIGEST Material world

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Walsh Bay Sydney 3

$6.75 million

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For sale Agent: City Living, Tasman Fallshaw 0414 990 990 Be prepared to host New Year’s Eve when you call this penthouse on Pier 6/7 home. There are stunning Harbour Bridge views from the top-floor balcony and a westerly outlook from the living areas and main terrace. The property accesses 24-hour concierge, a communal sauna, spa and gym.

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Port Melbourne

South Yarra

Melbourne

Melbourne

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$18 million

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$5.5 million-$6 million

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For sale

Auction: July 7

Agent: RT Edgar Albert Park, Gerald Betts 0418 371 855

Agent: Melbourne Sotheby’s International Realty,

With Port Phillip Bay providing a backdrop, this two-storey penthouse atop

David Colbran 0418 348 481

the Nonda Katsalidis-designed HM@S complex might be the closest you’ll

Glamorous from top to bottom, this reinvented

get to heaven in Melbourne. Beyond the views, highlights include double-

Victorian has an indulgent main suite, a striking

height ceilings in the living, rooftop retreat and a dedicated executive wing.

kitchen and a heated pool.

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O W NL H Y A O R N FS E R ID EX E E C M R E A E P IN S T S ID IO E N N A C L E B R A N D N E W WAT E R F R O N T H O M E

UNIQUE OPPORTUNITY — COVETED WATERFRONT LIVING

THE FINAL WHARFSIDE RESIDENCE WITHIN T H E P R E S T I G I O U S YA R R A’ S E D G E P R E C I N C T A quiet haven with all the convenience and comfort you could ask for, just 2km from the Melbourne CBD and close to Albert Park and South Melbourne.

U LT I M AT E WAT E R F R O N T L I V I N G Located on the north facing bank of the Yarra River, this sophisticated four bedroom Wharfside Residence redefines waterfront living. Luxuriously appointed with an expansive kitchen, private rooftop terrace, and lift access to all four levels, this strata-free waterfront home is a sanctuary in which to entertain or retreat. This grand home is available now for purchase and is ready to move in.

I N S P E C T T O D AY B Y P R I VAT E A P P O I N T M E N T Contact Janet Walker: 0466 440 863.

240 River Esplanade, Docklands, VIC, 3008

D I S C O V E R W H AT S U I T S Y O U R L I F E S T Y L E AT YA R R A S E D G E . M I R VA C . C O M

PROPERTY PATH

B y LU CY MACKE N

PETER BRAIG

Humility breeds greatness John Symond didn’t always live in his Point Piper landmark.

His start in the market was from more humble real estate.

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s one of Aussie John Symond’s early buys into the housing market, the $13,250 worker’s cottage in Alexandria was a fairly humble one, even by the more affordable standards of 1973.

The Belmont Street property was priced well below Sydney’s then median of $27,400 and at a time when housing-loan interest rates ranged from 6.25 per cent to 7.75 per cent.

There was also little indication that the 26-year-old “builder” named on title would later go on to reshape Australia’s home-loan market and build arguably the most expensive house in the country for which he was offered more than $100 million last year.

Or maybe there was. By all accounts, Symond thought he’d won the lottery when, just six months after he bought the Alexandria cottage, he sold it for $15,500 to a builder from Ballina.

It was Symond’s first house purchase, but not his first property foray in the then-slum neighbourhood in Sydney’s inner west. As he recalls, during the late 1960s, he and fellow undergraduate John Cannon and other mates each bought a studio in a rundown block of apartments in Newtown. In the lift there was a sign that read: “Please do not urinate in the elevator”.

He sold it a few years later for a modest profit, but Symond’s place on this year’s Financial Review Rich List – worth $621 million – is less because of his varied property investments and more thanks to his financing the property appetites of thousands of other Australians.

In 1992, Symond made two momentous property moves. Records show he set a north shore record for that year when he sold his grand Pymble Federation mansion Barkstone

for $3.25 million. And he launched Aussie Home Loans as an alternative home-loan and mortgage broker.

The Pymble property proved far less lucrative than his new business, despite its bullish sale price. Symond had paid $1.7 million for the 1906-built mansion, with tennis court and pool, in 1988 and during his ownership undertook a major restoration and renovation, reported at the time to be worth $5 million. It is currently for sale for $8.5 million.

Meanwhile, Aussie Home Loans had established itself as a market leader by 2000 with a loan book of $9.3 billion, and Symond made his debut on the BRW Rich List 200 in 2003 with a worth of $158 million.

However, he made his name as one of the Australia’s most significant home owners in 1998 when he bought a 2700-square-metre site on the Point Piper waterfront for $10.5 million and commissioned architect Alec Tzannes to design his landmark home, Wingadal.

The fact that Symond said no to the morethan-$100 million offer by a buyer from China last year speaks not only to how house proud he is of the four-level residence, but also to his confidence in the future fortunes of Australia’s property market.

MICHELLE MOSSOP

John Symond is the owner of one of Sydney’s most-prized properties, Wingadal, at Point Piper.

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New wave on the Gold Coast

FEATURE STORY

Architect Bayden Goddard is showing the way in coastal Queensland with his bespoke luxury designs. B y PAU L B E S T

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s far as business cards go, they don’t come much bigger, grander and, frankly, more impressive than this contemporary luxury house on the Gold Coast.

It’s the first house architect Bayden Goddard designed and built for his family of five to live in more than a decade ago. More than this, the award-winning design served to showcase the high-end bespoke work of his Gold Coast firm, BGD Architects.

“That property sums up our practice,” says Goddard. “We did what we wanted. It’s still one of our most successful homes … (from which) we

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got most of our commissions. It’s always been a really good tool for us to show our clients.”

Importantly, too, the home, summed up Goddard’s approach to architecture – and, for the Gold Coast, it was a new, challenging way of thinking.

At one level, it’s all about the honest use of materials – timber, concrete, stone and glass; all of which are combined to beautiful effect, both inside and out.

More critical to Goddard, though, is overall composition. That doesn’t just mean the house.

Rather, it’s how the building works with the site,

with the green spaces, entertainment areas, views, neighbours and the concepts of openness versus privacy. As Goddard says, every block has its quirks.

On Amalfi Drive, one of the Gold Coast’s most exclusive addresses, the house was cleverly oriented to take advantage of river prospects, access to the south and parkland to the east.

“The house was driven by its location,” explains Goddard. It applies to all of his projects. “That’s the biggest thing separating us from our peers; considering the whole composition.”

Goddard also strives to “connect” with clients and their needs: “to put him in their shoes”.

The process enables him to balance good architecture with longevity; producing timeless design that is practically geared around family and lifestyle. “Our houses tend to evolve with our clients,” he says.

It has resulted in a mix of design styles – modern with such elements as boathouse and British colonial, sometimes mistakenly labelled Hamptons – and a range of projects. An early project to make its mark is Tidemark at

YOUR AGENT Nick McHutchison, Kollosche Prestige Agents

“The luxury house is built with a quality and eye for design that takes full advantage of both the river, as well as the park.”

Mermaid Beach, which sold last year for $25 million. The publicity that his high-profile houses have garnered has led Goddard to design bespoke properties in bayside Melbourne and Sydney. “[My designs] try to emulate being on holidays, without it being like a holiday home,” says Goddard, who began his career working on resorts in Brunei. “They still have to be practical enough to live in.”

Historically, Goddard says the Gold Coast has been a “pretty vanilla architectural destination”, he says.

“Growing up here, I noticed nobody designing houses that took advantage of the waterfront.”

At the same time, he says the region has been maturing; becoming more stylish. Its architects are better understanding how to design for the site – embracing the Gold Coast’s waterways, for example – and ‘reading’ clients, who have become more travelled and design savvy.

“Architectural properties like Bayden’s increasingly carry kudos with Gold Coast buyers,” says Kollosche Prestige agent Nick

McHutchison. “It’s a major selling point,” he indicates.

“In the past 10 years or so, people’s sophistication and tastes have matured.”

Isle of Capri Gold Coast 5

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$4.695 million

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For sale Agent: Kollosche Prestige Agents, Nick McHutchison 0413 045 009, Michael Kollosche 0411 188 815

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PR E ST IGE

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LIVING IN

32.5500° S, 115.7190° E

MANDURAH GETTY IMAGES

With a lifestyle based around water and a comfortable climate, this WA idyll is popular with retirees and families. B y K ATE FARRE LLY An hour’s drive south of Perth in the fast-

new, purpose-built facility on the other side

growing Peel region, Mandurah faces west to

of the marina early next year.

the Indian Ocean on the magnificent Harvey

brands and attracts locals and day trippers alike.

canal waterways, many residents live in the canal

For wining and dining, Donegan recommends

estates established in the late 1980s, where

the fish and chips at Sharky’s, the newly

waterfront homes regularly fetch between

refurbished Peninsula Bar and Restaurant

$2 million and $3 million.

overlooking the estuary, The Bridge Garden Bar

“It’s a lifestyle based around water,” says local

Halls Head Mandurah

$1.595 million

The shop offers an eclectic mix of Australian

Estuary and Peel Inlet. Boasting 28 kilometres of

Focus on fun in the water

YOU MAY LIKE ...

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on the Mandurah foreshore and relative newcomer Mataya cafe in Sholl Street.

resident and business owner Dee Donegan, who

Diverse population demographic

moved from Perth 12 years ago. “You’ve either

Mandurah boasts a comfortable climate, with

got the ocean, the river or the estuary. It’s such

summer temperatures rarely rising above 35

a calming place to live, it just makes you feel

degrees and winter temperatures generally

more balanced.”

staying above 10 degrees. Comprising 18 suburbs

Not surprisingly, Mandurah has plenty of water

from Madora Bay in the north to Clifton in the

For sale

sports on offer, from sailing and stand-up paddle

south, the region is bordered by jarrah forests,

Agent: Acton Mandurah, John Gardner

boarding to off-shore fishing and jet-skiing. There

the farmlands of the Darling Range to the east,

0419 950 772

is a choice of beaches, including quiet man-made

and the Indian Ocean to the west. With a

On the canal-front facing north, this modern

swimming spots along the canals and surfing

population of around 84,000, Mandurah is home

residence by Beaumonde Homes is well-

favourites Tims Thicket and Avalon Point.

to a diverse demographic, including a large

equipped for entertaining. Open-plan living

contingent from the United Kingdom.

spaces feature a granite kitchen and a built-in

The Ocean Marina is a great base for boating, and also offers boardwalks, parks, restaurants

“We have lots of retirees down here and it’s a

bar, opening to a terrace with an outdoor kitchen.

and shops, including Donegan’s retail-and-

great place for families,” says Donegan, who

hospitality offering, Frisky Deer. Combining home

moved for a work opportunity and fell in love

There’s a T-shaped jetty and a games room.

interior products with a cafe serving homemade

with the area. “It’s easy to get around town and

cakes and Fiori Coffee from the Swan Valley,

do what you need to do without too much hassle.

Frisky Deer’s popularity means it has nearly

It’s very easy to meet people and get involved in

The skyline of Mandurah

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outgrown its current home and will move to a

clubs and groups and make a home here.”

Beach at sunrise.

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DESIGN DIGEST

Bright sparks Glass, linen and rattan provide stylish solutions for lighting, holidays and homes. C o m p i l e d b y ISAB E LLE CH E SH E R JAMES DRINKS TROLLEY From lounge chairs to coffee tables, the new Sika collection is a celebration of rattan. If we must single out a winner, it’s the bar cart: a piece that will make your next dinner party one to remember. domo.com.au

ADAM GIBSON

PUMPHOUSE POINT RETREAT The reviews are glowing for this lake-front bolthole, and the design by Jaws Architects deserves its due. Timber echoes the rugged surroundings, Tasmanian furniture champions the local and that glass wall lets the view sing. pumphousepoint.com.au

THE NEBULAE COLLECTION If

SAGE AND CLARE BED LINEN With the rainy season upon us, it’s a punishment to trudge around outside but an absolute pleasure to curl up

only everything in our

in this exquisite bedding. Made from French flax linen, these ultra-soft quilt

homes was designed

covers make for sweet dreams. sageandclare.com

by Ross Gardam. You’ll want to snag one of these beautiful desk lamps, which are inspired by the diffusion of natural and LED light against a backdrop of bubbled black or fluted clear glass. rossgardam.com.au

REUBEN GATES

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NEXT STOP 1.2990° N, 103.8960° E

WHAT YOU CAN BUY FOR … $60 million A two-storey, fivebedroom home with pool at Queen Astrid Park described as a “modern re-interpretation” of a traditional colonial bungalow. $19.9 million A contemporary fourbedroom home in a residential marina resort development on Sentosa Island. The front faces the waterway, while the rear faces the sea. $4.5 million A four-bedroom apartment with study in the Concourse Skyline building in the OphirRochor district, with magnificent bay views.

SINGAPORE

The next generation in Singapore is gaining a foothold on the property ladder, thanks to some familial help. B y E LICIA M U RR AY

sales were driving much of the growth. Prime residential prices in Singapore have risen 5.8 per cent, year on year, according to the Knight Frank Prime Global Cities Index for Q1 2018.

Singapore is known as one of the world’s

their parents’ (ie. baby boomers’) money,”

commercial and financial powerhouses. Less

Cheong says. Price predictions, he argues,

Can Australians buy in?

high-profile is its status as a thriving outpost

should take into account historical economic

Australians can buy apartments, but there are

of the bank of mum and dad.

performance, as well as current and future

restrictions on foreigners buying “landed

growth rates.

property”, including terraces and free-standing

When Savills Singapore issued its latest privateproperty price forecasts last month, bumping up

List Sotheby’s International Realty isn’t fussed

houses, with the exception of expat hot-spot

the prediction from 12- 15 per cent to a whopping

which generation is paying for a three-bed

Sentosa Cove. The agent listing the Gramercy

15-20 per cent, the agency backed up its stats

apartment in the Gramercy Park building on

Park unit, List Sotheby’s International Realty’s

with an intriguing observation. Savills Singapore

Grange Road in Singapore’s District 10. On the

Edwin Woon, says a 20-per-cent deposit is

research and consultancy senior director, Alan

market for $S7.009 million (about $7.002 million),

usually needed for a bank loan in Singapore.

Cheong, says the sharp recovery in the sovereign

it has more than 200 square metres of internal

“Foreigners are subject to 15 per cent additional

city-state’s residential property market is

space, including three full bathrooms.

buyer’s stamp duty in addition to the four per

because of more than GDP growth.

“Visits to show flats [off-the-plan apartment

Current market

display suites] leave a discerning observer with

The Savills report noted private-property price

the impression that an increasing number of

growth hit an eight-year high during the first

buyers at new launches are funded in part by

quarter of 2018. New off-the-plan apartment

cent stamp duty all buyers ... have to pay,” Woon says. Sellers offloading property within three years of purchase will also face stamp duty. sothebysrealty.com

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prestigeagents.com.au/dp1517709

Paradise Waters 87 Admiralty Drive North Facing, Immaculate, Architecturally Designed Tri-Level Masterpiece Sale $10,500,000 5

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The epitome of luxury living beckons with this north-facing, modern masterpiece, nestled in exclusive Paradise Waters. Architecturally designed by Bayden Goddard and built by renowned Thomas Hughes Construction, the home is set out over a sprawling 904*m2 block with a wide 33.6* metre waterfrontage. Evoking a sense of timeless elegance, effortless living and entertaining awaits in this immaculate 1,172*m2 turn-key abode, complete with full basement, gymnasium, wine cellar and elevator.

View by Appointment Eddie Wardale 0408 881 678 | Michael Kollosche 04 111 888 15 *approximate

prestigeagents.com.au/dp1517709

Guaranteed national exposure “I don’t know of any other magazine that can guarantee national exposure like Domain Prestige. With over 90% of my successful buyers enquiring after seeing the property advertised in print, there is no better investment a seller can make.”

– Robert Graham, Ray White Prestige Gold Coast

Talk to your agent about reaching buyers with Domain Prestige.

Feng Shui at home in the Gold Coast Hinterland

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73-75 Alpine Terrace, TAMBORINE MOUNTAIN QLD According to ancient Feng Shui practitioners, the ideal location for a harmonious home is to be located near the top of a mountain, yet sheltered from harsh winds. It should offer a view, preferably over water and never be positioned below road level. The problem for modern day Feng Shui enthusiasts is finding a great home on a mountain that is also within commuting distance of the city and all its benefits. This prestige mountain home certainly fits the suggested criteria with much more to offer a fortunate buyer. “Built by a master builder at the pinnacle of his career, this spacious and beautifully maintained home offers stunning views of the coast as well as being within easy reach of highly regarded state schools and excellent private schools.” Contact now, to arrange a private inspection.

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Electric gate, valet video intercom 4 screen monitor & alarm system 5kw Solar + solar pool heating Private library / lounge / reading room Meditation retreat and rest room 5.6m long kitchen bench & completely refurbished kitchen Decorative parquetry flooring Zoned ducted air + solid fuel heating

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Vacuum maid system Snooker & gaming room with wet bar Simple alteration to create dual living 2.5 acres of landscaped gardens, private pond, walking bridges, fruit & vegetables, with natural bore water Walking distance to coffee plantation, day spa and restaurant, general grocery store

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Price $1.5 million+

Kane Murphy 0417 353 671 sales@maudslandrealty.com.au Ph: 07 5500 0065 maudslandrealty.com.au

CURL CURL 4A Adina Road

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All we want you to do is enjoy....The design, the builder, the aspect, the location. Designed by 'Gremmo Homes' which currently is the # 1 award winner for 'best home' in NSW by HIA, this new and modern beachside sanctuary offers class, natural light and spacious appeal. Nestled in undoubtedly one of the most aesthetically pleasing streets in Curl Curl.

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King sized master, deluxe WIR and ensuite Two separate living/lounge areas Study or multiple purpose fifth bedroom Underfloor heating for all bathrooms Laundry chute, reverse cycle air -con

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Outdoor kitchen including BBQ, sink and bar fridge Storage room, outdoor shower, walk-in pantry Automated driveway gates and garage door Remote controlled blinds in lower rear level European oak timber flooring

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AUCTION VIEWING

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On Site, Saturday, 4th August, 1:00PM Saturday 1:00PM-1:40PM Wednesday 1:00PM-1:30PM

LAND SIZE

434 sqm approx

CONTACT

JAMES SMYTH - 0408 007 390

NEW FARM 16 Browne Street AN OASIS OF STYLE AND SPACE • • • • •

Architecturally Designed 577m2 family friendly block Seamless indoor/outdoor living Private, tranquil and secure Excellent location close to everything New Farm has to offer!

belleproperty.com/85P2530

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View As advertised or by appointment For Sale By Negotiation Ivo Kornel 0412 301 439 Isabella Manning 0467 727 522

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1 3 E L A N D A S T R E E T, SUNSHINE BEACH —

OCEANVIEW RESORT STYLE RESIDENCE 5

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NOOSA.CENTURY21.COM.AU

A life of luxury awaits the new owners of this stunning coastal home. Located just a short walk from the pristine sands of the beach and the vibrant Sunshine Beach village, this is a must-see for anyone seeking space, privacy and only the finest design details. Stateof-the-art and finished to the highest standard, this gorgeous home is characterised by luxurious inclusions, soaring ceilings and a bold use of glass, timber and travertine throughout its sprawling floorplan.

There is an abundance of vast living spaces, seamlessly combined with an open-plan design to create a flawless flow from relaxation to entertaining. Step outside the banks of sliding doors to a large balcony with sweeping views over the treetops and out to the ocean. Outside, your private oasis awaits with lush tropical gardens creating complete privacy for you and your family.

A poolside cabana with dining and lounge space, plus a day bed and kitchenette makes this an extension of the internal living spaces. The 926sqm block also offers beautiful gardens you can explore, plus water features for complete relaxation.

Price Guide: $3,000,000+ View Sat 12.30 - 1.15pm Wed 12.30 - 1.15pm CENTURY 21 C O N O L LY H AY G R O U P David Conolly 0438 259 956 Sam Walker 0400 730 457 century21noosa.com 07 5447 2451

mcgrath.com.au

DOWLING NEYLAN R E A L

1A LAKE WEYBA DR WEYBA DOWNS 5 Beds 4 Baths 4 Cars

FOR SALE PRICE GUIDE $3,000,000 VIEWING INSPECT BY APPOINTMENT

E S TAT E

LUXURIOUS A private estate, surrounding a tranquil LAKEFRONT lagoon with exceptional long views over Lake ESTATE Weyba, Weycoola is certainly in a league of its own. Beautiful and serene in every aspect, this magnificent residence epitomises resort style living. Privacy and abundant natural beauty ensures a peaceful existence with lake-frontage that spans over 100 metres, Weycoola is a one of a kind trophy home that will make a stunning permanent residence or remarkable holiday home.

AGENT DAN NEYLAN 0412 764 370

‘Botanica Whitsundays’, Love at First Sight As the ancient iron gates majestically sweep open leading to the ‘Botanica Whitsundays’ grounds, be prepared to fall in love. Decades in the planning and never to be replicated, ‘Botanica Whitsundays’ was designed in the spirit of innovation fusing the classical and new age. The property presents an unparalleled combination: a glamorous private residence in the sub-tropics and/or a lucrative award-winning wedding and event venue. ‘Botanica Whitsundays’, situated on 5.5 acres with 160 metres of Coral Sea frontage.

www.queenslandsothebysrealty.com

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119b Botanica Drive Whitsundays AUCTION: 6 August 5:30pm Intercontinental Hotel Double Bay, Sydney Carol Carter 0414 760 305 Joint agent: Jacqui Wa W kerley PRD Nationwide, Whitsundays 0402 649 700