Domain Prestige – February 6, 2019

6 FEBRUARY / 2019

PRESTIGE THE BEST IN AUSTRALIAN PROPERTY

SIMPLY LIVING Conveniently luxurious

B y K ATE FARRE LLY

Hampton Melbourne 4

J E N M E LO CCO

3

$5.4 million-$5.94 million

3

Expressions of interest: Close February 28 Agent: Nick Johnstone, Matt Cleverdon 0417 334 549 Designed by MONA architect Nonda Katsalidis, I think we need to come up with a new term for downsizing. Somehow

this striking home is set on a 1200-square-metre

it seems to have the connotation of “stepping down” when the reality is

block and captures bay views from an upper-level

undertaking a “downsizing move” is very much about a step up in lifestyle.

viewing platform. Featuring soaring ceilings, glass

Our feature home, which also graces our cover, is just such an example.

walls, a Corian and Miele kitchen and a

A harbourfront house in Sydney’s eastern suburbs, it comes with the

spectacular indoor pool, the property is within

convenience of apartment living (think internal lifts, open-plan living and

easy reach of the beach and local cafes.

lock-up-and-leave possibilities) without some of the less attractive elements such as strata fees. Meanwhile, for those looking for a complete lifestyle change and the house to go with it, turn to our Next Stop page

Open your camera and hover

where we step into a very exotic home in the Moroccan city of Marrakech.

your phone over the app code

If a coastal weekender is more your style than a cross-global move, then

to see the address

you can read all about Sorrento in our Living In column.

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 Residential sales: Queensland Brad McLeod, 0429 571 826 New South Wales Jon McConkey 0407 909 739 Victoria & Tasmania Mitch Armstrong 0438 820 767 Western Australia, South Australia & Northern Territory Jeroen van de Peppel 0427 292 797

HOT PROPERTY

DESIGN DIGEST Eye-catching finds

FEATURE STORY Heaven on the harbour

5 6

Digital edition Visit domain.com.au/ digitaledition

O U R COVE R Rose Bay, Sydney.

LIVING IN Coastal Sorrento

Listed by The Agency, Eastern Suburbs.

PAG E 6

2

PR E ST IGE

NEXT STOP The style of Marrakech

9 11

Use the Domain app codes to see more of your favourite properties

Centennial Park Sydney 5

$13.5 million-$14 million

4

4

For sale: By expressions of interest Agent: Sydney Sotheby’s International Realty, Michael Pallier 0417 371 522 Set directly opposite Centennial Park, Centennial House is a designer home from the acclaimed architects at Tobias Partners. There is bespoke joinery throughout, as well as polished concrete and Carrara marble finishes, a sculptural staircase, self-contained studio and a heated saltwater pool.

Open your camera and hover your phone over the app code to see the address

Main Beach

Sandy Bay

Gold Coast

Hobart

4

4

$9.75 million

3

3

$1.75 million +

3

6

For sale

For sale

Agent: Kollosche, Michael Kollosche 0411 188 815

Agent: St Andrews Estate Agents,

Panoramic ocean views are among the many highlights of this newly-built

Steve Yannarakis 0419 429 423

beachfront penthouse in the boutique Sea building. Designed by architect

On the border of Sandy Bay and Battery Point,

Bayden Goddard, it boasts marble, limestone, travertine, timber and stone

this three-storey home captures water and

finishes. The property includes a wine cellar and a private pool.

mountain views and comes with an indoor pool.

Open your camera and hover Open your camera and hover your phone

your phone over the app code

over the app code to see the address

to see the address

PR E ST IGE

3

ABSOLUTE BEACHFRONT GOLD COAST - NOW COMPLETE Apartment & Full Floor Grand Penthouse Displays Open Few Residences Remain

Stunning, absolute beachfront apartments in the heart of Palm Beach, Gold Coast:

• • • • •

Incredible views to Surfers Paradise and Coolangatta 3 or 4 bedrooms plus media room & 2 or 3 bathrooms 2 or 3 secure car parks Open plan kitchen / living / dining + ample storage App activated remote controlled system for security access, lighting, blind control & climate control

• Common areas solar power offset incl pool, foyer, basements & lift • Exquisite, full floor 466m² grand penthouse, powered by Tesla Powerwall 2 battery incl 4 x secure, basement car parks on title

• Private, exclusive, spacious living, perfect for downsizers Open Home 10am to 12pm 7 days or by appt Entry via 1331 Gold Coast Highway, Palm Beach Deborah Provost | 0408 652 963 Leanne Gibbs | 0412 504 550

onepalmbeach.com.au

DESIGN DIGEST

So hot right now In the last days of summer, seek out the sublime, the striking and spaces that soothe. C o m p i l e d b y ISAB E LLE CH E SH E R THE ARCHITECT’S BOOKSHOP SURRY HILLS Unwilling to accept the closure of Sydney’s beloved Architext bookshop, SJB’s Adam Haddow set about designing a stylish replacement. The new haven, minimalistic and warm, is a soothing space for Sydney’s architectural community to call home. thearchitectsbookshop.com.au

MARC EGGIMANN

VITRA 100 MINIATURES EXHIBITION Attention Brisbane and Perth: Late February and early March hold good things in store. Head to your local Living Edge showroom to marvel at these intricate sculptural odes to 200 years of iconic furniture design, with a selection for sale. livingedge.com.au

ANSON SMART

SLOWDOWN STUDIO X KOSKELA POP-UP

BENTU WASHBASINS A splash of colour in the bathroom never goes astray according to Remodern. Their new basin range carries the brand’s

Summer’s end may be

options serving up a refreshing edge. remodern.com.au

signature sleek aesthetic with yellow, blue and pink pastels and terrazzo

drawing closer but there’s still time to embrace the season’s bright tones. Enter the lively rugs and artworks of abstract designer extraordinaire Evi O in collaboration with Slowdown Studio, on show at Koskela until the month’s end. koskela.com.au

PR E ST IGE

5

Sizing it up

COVER STORY

Prestige downsizers are trading in family mansions for less maintenance, location and lifestyle.

B y SU E WILLIAMS

T

he hunt for a more relaxed lifestyle in vibrant areas close to water or with great views has kicked off in earnest among downsizers in the prestige market, with demand now often outstripping supply.

Agents report that, with the average Baby Boomer turning 64 this year and many in the market in good health and wealth, they’re often looking at smaller houses, luxury apartments or, even better, houses with the design features and convenience of apartments – but without the hassles of an owners corporation.

6

PR E ST IGE

“We’re noticing that if we can give downsizers a house that offers apartment-style living, then we have a huge amount of interest,” says Ben Collier, partner at Sydney’s The Agency.

A good example is the intense interest in an impeccably stylish, three-level, four-bedroom house in Rose Bay, sitting on the harbour with views to the Opera House and Harbour Bridge.

Designed by Bruce Stafford and with interiors

by Hare + Klein, it has open-plan interiors and full glazing – just like an apartment – but the dimensions and space of a house.

All around Australia the search is now on for good downsizing properties and, with prestige buyers least affected by the credit squeeze, the market is buoyant.

Ray Savas of Kay & Burton is seeing many in Melbourne looking for single-level houses or apartments in South Yarra, Toorak, Hawthorn and Brighton. “Many people in this market have multiple homes, maybe in London, New York, Flinders, Portsea, Byron Bay … ,” he says. “But they’re now looking for lifestyle, low maintenance and to enjoy life.”

YOUR AGENT Ben Collier, The Agency Eastern Suburbs

“This house is generous but not overwhelming, with stunning views, and [it] is future-proofed with lift access to each of the three levels, so stairs are never an issue.”

On the Gold Coast, Michael Kollosche of Kollosche Prestige Agents says many people are selling out of riverfront mansions and seeking low-maintenance homes. “We haven’t seen that sector of the market this strong in years.”

On Sydney’s eastern beaches, McGrath agent Simon Exleton believes it’s all about lifestyle.

“We're seeing a lot of downsizers coming from big homes to the harbour and to beaches with lots of restaurants and cafes and where you can walk to everything,” he says.

Sydney’s inner west is also struggling to meet the demand. “Prestige downsizers are the one silver lining in a market that is otherwise pretty dire,” says Matt Hayson of Cobden & Hayson, who’s attracting a flood of downsizers with a four-bedroom house on Mort Street, Balmain, selling for around $4 million.

Rose Bay Sydney 5

$25 million

5.5

5

Expressions of interest: Close February 22 Agent: The Agency Eastern Suburbs, Ben Collier 0414 646 476

Open your camera and hover your phone over the app code to see the address

PR E ST IGE

7

LIVING IN

38.339° S, 144.748° E

SORRENTO LEIGH HENNINGHAM

Both millionaires and blue-collar tradesmen call this seaside holiday playground home. B y K ATE FARRE LLY

YOU MAY LIKE ...

Sorrento

To get an idea of what has lured people to

coastal walks, a yacht club, golf courses and a

Sorrento for more than 200 years, take a stroll

lifesaving club. And the town is rich in history with

Mornington Peninsula

along Millionaire’s Walk.

beautiful historic buildings.”

$2.8 million-$2.95 million

Tucked behind a gate in Lentell Avenue, this grassy public track meanders between some of

Limestone legacy

the region’s most glamorous homes and the

Built from local limestone in the 1800s, heritage

coastline. On a clear day you can gaze across the

buildings are scattered along Ocean Beach Road

bay to the Bellarine Peninsula and the Melbourne

and through the town centre. They include the

CBD, while the low cliff gives way to picture-

Continental Hotel, which is undergoing an

perfect boathouses and private jetties.

$80 million redevelopment via a joint venture

Homes in this holiday playground for Victoria’s social and business elite regularly fetch $3 million-plus.

Capturing the scenery

Work is also underway to build upmarket hotel accommodation of 58 rooms next door.

Mason Riley, who owns eclectic homeware store Sandarne with his wife Natasha, says new development supports the local economy.

And while only a select few can call Millionaire’s

3

Julian Gerner.

the Sorrento Portsea Artists’ Trail, with sites Boyd and Ray Hodgkinson.

6

between Steller Group and prominent hotelier

Millionaire’s Walk also plays host to a section of displaying paintings by Sir Arthur Streeton, Arthur

5

For sale Agent: Peninsula Sotheby’s International Realty,

“We’ve still got our classic little corner of the main street with amazing heritage houses, and

Danielle Vains 0432 617 229

on the other side there’s new, modern

Designed by Domoney Architecture and a short,

Walk home, Sorrento dishes up more picturesque

architectural development,” says Riley. “There

level walk from the beach, this new home comes

coastline than your average seaside village, with

isn’t a single local I know of that doesn’t get fed

with north-facing, open-plan living areas, a solar-

a roaring surf beach on the south side that offers

on the back of building and real estate. Our

heated pool and en suites for all five bedrooms.

a stunning contrast to the bay.

economy is the building industry and the majority

There’s a marble and Miele kitchen, a Jetmaster

“To be flanked by the bay on one side and the ocean on the other in this unique, pristine piece of land is the key to Sorrento’s appeal,” says

of the population are blue-collar tradesmen, so it’s a happy roundabout.”

A fourth generation local and third generation

fireplace, oak flooring and ducted airconditioning.

Being flanked by the bay on one side and the

Danielle Vains, an agent with Peninsula Sotheby’s

retailer, Riley says he enjoys Sorrento’s seasons,

ocean on the other is

Open your camera and hover

International Realty. “It’s a beautiful, family-

with crowds in summer and a winter lull when the

part of Sorrento’s

your phone over the app code

friendly seaside town, with amazing beaches,

family can rest and take in the surrounds.

family-friendly appeal.

to see the address

PR E ST IGE

9

BELLEVUE HILL 2 Cranbrook Road Built by renowned master builder Peter Dunkley, this contemporary r residence showcases an exemplary ry r ry blend of quality t , fu ty f nctionality and space. Level street access leads into an impressive entrance hall fe f aturing a striking double-height atrium. Soaring ceilings, vast sky k lights and wide horizontal windows, fr ky f aming slashes of greenery r , draw an abundance of natural sunlight throughout the home. Ideally confififgured fo ry f r relaxed fa f mily living, expansive flf oor to ceiling glass bi-fo f ld doors provide a seamless indoor/outdoor flf ow fo f om the open plan living and dining onto a covered outdoor entert fr r aining terrace with integrated bbq, rt heated pool and level lawn. Seperate to the main residence, a guest cabana overlooking the pool and gardens provides a versatile 5th bedroom/teenage retreat/nanny quart r ers. Superbly located within rt f otsteps of the harbour fo fo f reshore, fe f rry r wharf ry rf,f, prestigious schools and public transport rf r. rt

4

5 Auction View

3

Monday, 4th March at 5:30pm InterContinental Hotel Double Bay Thur & Sat 11:15am - 12:00pm James McCowan 0418 800 400

All info f rmation contained herein is gathered fr fo f om sources we deem to be reliable. However we cannot guarantee its accuracy and interested part r ies should rely on their own enquiries. rt

NEXT STOP 31.6340° N, 7.9980° W

WHAT YOU CAN BUY FOR … $12.7 million Gaze upon the Atlas Mountains from Albali Villa, a nine-bedroom property embracing traditional Moroccan architecture on the outskirts of Marrakech. $9.5 million Kasbah Tagountaft was a tribal stronghold in the late 1800s. Today, the imposing shell of a building is a fixer-upper from the pages of history, overlooking the River Nfis. $4.6 million Take a load off at Villa Julia, a photogenic sevenbedroom pile where the relaxation options range from hammam and spa to a palm-fringed garden.

MARRAKECH

From views of the High Atlas Mountains to the maze-like medina, Marrakech is a source of artistic inspiration. B y E LICIA M U RR AY

Current market For much of the past decade, international buyers turned their backs on Morocco amid concerns over ongoing terrorism in the region.

Marrakech is a design-lover's paradise.

Architects, interior designers, artists and fashion types from around the world bookmark the

Another option: golf course estates, a booming sector in the Marrakech market.

In the upmarket Palmeraie district, an oasis of

Prices dipped and supply soared.

Peto says sentiment is shifting after several difficult years, “mainly due to the uncertainty

Moroccan city – once home to French fashion

palms, fruit trees and luxury properties on the

foreign investors felt because of problems in

icon Yves Saint Laurent – as a source of

northern edge of Marrakech, a 10-bedroom

other North African countries”.

inspiration, wandering down labyrinthine alleys in

property is listed for sale through Kensington

the medina, poking around hip boutiques in the

Luxury Properties with a guide of €4.3 million

Gueliz district and savouring the opulence of

(about $6.858 million).

majestic estates on the city's outskirts.

“The first choice one must make,” says Alex Peto, a partner at Christies International Real Estate affiliate Kensington Luxury Properties, “is whether you want to be in the city in the ancient medina and a riad or in a villa a few miles out of

Villa Grafias is an elegant, terracotta-hued

Smarttraveller.gov.au still advises travellers to exercise a high degree of caution in Morocco.

Can Australians buy in?

structure with generous outdoor living areas

Foreigners can buy property in Morocco, using a

punctuated by soaring archways.

notary to conduct the transaction. For buyers,

Intricate mosaic tiles and carved woodwork showcase local artisanal style.

Along with the 10 bedrooms are 10 bathrooms,

town where one can enjoy the piece and quiet

plus five staff rooms. Other amenities include a

and the fantastic views of the High Atlas

heated pool and a spa with hammam, massage

Mountains covered in snow for much of the year.”

room and gym.

the taxes and fees add up to about 10 per cent of the purchase price. Foreigners aren't permitted to buy agricultural land, unless they can get permission to change the use of the land. christiesrealestate.com

PR E ST IGE

11

93 Wyndham Street, Alexandria Exquisitely renovated terrace with studio/5th bedroom

abg d 4

Built to the highest specifications with state-of-the-art designer fittings, this immaculate terrace is almost entirely brand new. It makes a luxurious family sanctuary, showcasing light filled open plan interiors, formal lounge/dining areas and a gourmet Bosch kitchen, flowing effortlessly to a private alfresco deck and sunlit garden. The impressive features include 2 master suites, a versatile studio/5th bedroom, zoned a/c, brand new electrical/plumbing, marble detail, Italian tiling, Engineered oak floors and premium carpeting. It’s set in a prized location, moments to Green Square, Redfern Station and the soon-to-be-completed Waterloo Metro.

Sunshine Coast 07 5444 2222

3

On-site, 12.00pm Saturday 16th February

View

Saturday 10.00 -10.30 am & Sunday 10.00 - 10.30am Josh Sherwell 0415 888 531

1

144 SQM

Auction Saturday 9th February 2:15pm View Saturday 2:00 - 2:30pm Wednesday 6:30 - 7:00pm

3

HUGE COASTAL VIEW, UNBEATABLE VALUE!

Auction

Jay Sherwell 0434 552 025

3

3.5

Brad Gillespie 0418 448 295

theagency.com.au

5 FOOTE RIDGE, BUDERIM

This is arguably Buderim’s most admired & sought after Cul-de-sac Street, with an average tenure of 19 + years!! It’s very likely your next opportunity to purchase a flat & level 1372m2 block on Foote Ridge will be year 2039 going off street history. Sellers are motivated to current market conditions and have instructed a result on or before auction. Irreplaceable is an understatement; just remember, “Rome can be built, but you can’t replace its soil”. Enjoy as is or create your dream home on Buderim’s finest canvas. All on one level for seamless flow and functionality, the home is complete with three double sized bedrooms with luxury ensuited bathrooms and an office. Presentation is pristine inside and out, and features include: • Solar hot water with electric boost, 18 solar PV panels with 3.6kW inverter • Open plan living and dining with fan-forced Coonara wood-burning fireplace • Rainwater tank under house with 48,000 litre capacity, • Premium Caesar stone kitchen • 3-phase power • Stainless steel appliances, 6-burner gas cooktop • Immaculate and low maintenance gardens • Reverse cycle single phase air-conditioning • Three-car lock up garage and workshop • Travertine tiles • Electronic gated entrance & on-site guest parking • Custom-designed indoor entertainment room with extensive glass and built-in BBQ for all weather entertaining • Masses of level lawn at rear giving plenty of options for a pool

www.propertytoday.com.au

20B Tivoli Avenue, Rose Bay Prestige harbourfront sanctuary with quintessential Sydney views Graced by effortless beauty in both style and setting, this prestige harbourfront sanctuary showcases the combined design mastery of Bruce Stafford and Hare + Klein. A home of unequivocal distinction, every exquisitely crafted space greets you with flourishes of contemporary finesse and quintessential Sydney views, sweeping from the turquoise shores of Rose Bay to the graceful arc of the city's famed Harbour Bridge. Accommodating diverse lifestyle needs, there is an internal lift to all levels, with indulgent bedroom suites, a premier marble kitchen and a private boatshed at the water's edge.

abc e 5

5.5

5

1

Expressions of Interest Close 22nd February 2019

Ben Collier 0414 646 476

View Saturday, Sunday and Wednesday 12:15 - 12:45pm theagency.com.au

Beach Acreage Lifestyle

5

270 Round Mountain Road, Round Mountain.

Twenty acres 3km from the surf at Cabarita Beach.

Enjoy a pristine dawn from Norries Headland or Hastings Point.

This property located in an unrivaled golden corridor

between the Pacific Motorway and the Pacific Ocean in northern NSW.

• A coastal lifestyle & the privacy of your own estate.

• RU2 Rural landscape zoning, tourist cabins STCA. • 30K's to Byron Bay

• 30K's to Gold Coast Airport

• A perfect property acquisition that comes to the market only once in a blue moon.

3

3

For Sale $3,000,000 _______________________________________________ View Saturday 9 Feb 2pm NSW or by appointment _______________________________________________ Agent Bernice Melnikas 0408 088 262 ljhooker.com/ZS9F69 LJ Hooker Kingscliff 02 6674 1000

Shortlist together.

Get a better view of what you both want.

Searching for a property isn’t always a solo process. Invite someone to shortlist with you and find your new home together.

NEW Shared shortlist on Domain. Install the Domain app.

Auction

603 Tomewin Mountain Road Currumbin Valley

3

Flourishing Highlands - Nikkini Estate Enjoy waking with a coffee overlooking cascading

• Established driveways + sheds for serviceability &

Auction Contact Agent _______________________________________________

melts away captive coastlines & valley escarpments

• Organic gardens, dams, ponds, hoop pine forest,

beauty in every direction. Over 8 acres of acreage in

• Guest quarters overlooking the pool.

i Wednesday 6th February at 5:00-5:30pm Saturday 9th February at 3:00-4:00pm Sunday 10th February at 3:00-4:00pm _______________________________________________

mountain ranges draped in mist, as the morning

start to appear. A true haven abundant in natural a landmark location. Highly suited to become

possible health/yoga retreat or wedding venture.

access to the entire estate.

lemon myrtle, fishing, farming + more to discover.

• Completely separate studio apartment, adjacent to house.

A nt Mishy Canning 0410 466 657 c

New Brighton - North Byron 37C Byron Street

4 BED || 4 BATH || 2 CAR || POOL || TENNIS COURT

The Ultimate Luxury Beachfront Escape – North Byron

Property features include:

One of New Brighton’s most private and exclusive beachfront properties is now available for sale.

•

Delivering a substantial land parcel of almost nine park-like acres, this resort style two-storey residence is set beside untouched national parkland, overlooks 88 meters of ocean frontage and offers 598sqm of luxury appointments personified by an authentic architectural response to its subtropical location. The dominance of open space and natural beauty of the surrounding indigenous vegetation makes this the ultimate place for retreat and relaxation.

Exclusive enclave of just three exclusive land holdings that are designed for total separation, with complete visual separation between the homes.

•

3.54 hectares of spectacular levelled land, surrounded on three sides by national park including 88 metres of ocean frontage

•

Generous amenities including natural lagoon, solar-heated infinity edge 25m lap pool, tennis court, club house & sprawling manicured gardens. The property also has access to a 3 acre spring-fed lake

Location: New Brighton, 20min north of Byron, is a relaxed coastal town nestled beside emerging luxury property hotspots Ocean Shores & Brunswick. This highly sought-after sub pocket is underpinned by its close proximity to the ever growing social Mecca of Byron Bay and the convenience of the Gold Coast Airport (approx. 35 mins north). The ultimate currency here is high-end real estate that delivers a unique experience to satisfy the demand of Sydney-siders and Melbournites seeking escape.

2/17 Griffith Street, Coolangatta

P 07 5536 9594

Expressions of Interest will close on the 28th February.

Inspections by appointment only.

Ash Witty || 0424 792 244 || ash.witty@harcourts.com.au bmg.harcourts.com.au/ QBZ3684