2 MARCH / 2022
PRESTIGE THE BEST IN AUSTRALIAN PROPERTY
BLUE CRUSH Floating over the ocean
A UNIQUE AND ELEGANT LIFESTYLE ONLY 35 MINUTES FROM THE BRISBANE CBD Build your luxury architect designed contemporary home surrounded by a Greg Norman designed championship golf course, and an abundance of natural bush and walking trails, you can feel the peace and serenity. Yet within less than 10 minutes’ drive of 11 leading schools, a major Shopping Centre, Mater Hospital, University Campus, Sporting venues, and electric commuter rail directly to Brisbane CBD.
Large Elevated Homesites Selling From $599,000
07 3814 5177 DRESSCIRCLE.COM.AU
B y K ATE FARRE LLY
Balmain East Sydney 24 Datchett Street $5 million-$5.5 million J OSE PHIN E H U YN H
1
2
Private sale Agent: Modern House, Marcus Lloyd-Jones 0424 005 531, in conjunction with BresicWhitney I’ve been feeling nostalgic in recent weeks having made the most of a short
Glebe, Shannan Whitney 0411 385 444
journey to my hometown of Newcastle. As a kid, scooting up and down the
Designed by its architect owner, Brian Zulaikha of
streets of my neighbourhood I’d always notice one house that was grand
Tonkin Zulaikha Greer, this award-winning
and unattainable, owned by a mystery neighbour who kept to themselves,
sanctuary features ironwood floors, sculpted
or perhaps cashed-up globetrotters not often home at all. “The glass house”
steel stairs and custom cabinetry. Set across two
– as I dubbed it – had a staggering presence and soaring, transparent walls.
levels, the former gunpowder store is surrounded
But, despite the fact that it was entirely built of glass it was still the most
by ferns and courtyard gardens and captures
private home on the block, and no matter how much I tried I could never
views over Johnstons Bay.
catch a glimpse of the extravagant life lived inside – which added more to its intrigue. That’s how I imagine the locals of Blue Seas Parade feel about this week’s Lennox Head cover property – a stunning home that celebrates a prime oceanfront position in every detail of the build.
O U R COVE R 40 Blue Seas Parade, Lennox Head. Listed by Byron Bay & Hinterland Property Sales PAG E 11
HOT PROPERTY Editor: Josephine Huynh josephine.huynh@ domain.com.au Editorial producer: Paige Tonna Group picture editor: Kylie Thomson Senior designer: Colleen Chin Quan Graphic designer: Nicole Gauci National managing editor: Alice Stolz Chief executive officer: Jason Pellegrino
DESIGN DIGEST That holiday feeling
FEATURE STORY Bulgarian-born brutalism
LIVING IN A northern coastal star
THE PROPERTY INVESTOR How to spot a bad investment
Residential sales: Queensland Brad McLeod 0429 571 826 New South Wales Belinda Sinclair 0414 580 903 Victoria & Tasmania Ray van Veenendaal 0438 279 870 Western Australia, South Australia & Northern Territory Jeroen van de Peppel 0427 292 797 Digital edition Visit domain.com.au/ digitaledition
4
PR E ST IGE
7 8 11 13
South Yarra Melbourne 16 Fairlie Court $18.5 million-$20 million
3
3
6
Expressions of interest: Close noon, March 15 Agent: Kay & Burton South Yarra, Oliver Booth 0413 975 723 A cantilevered facade mimics a frozen waterfall at this spectacular home from Saaj Design, positioned a stone’s throw from the Royal Botanic Gardens. Highlights include curved walls, bespoke joinery, a Gaggenau kitchen, a home theatre and a pool.
Park Orchards
Woollahra
Melbourne 36-38 South Valley Road
Sydney 10 Wallaroy Crescent
$4.995 million
$15 million
4
4
8
5
3
1
Private sale
Forthcoming auction
Agent: Marshall White Manningham, Brenton Linmeiers 0412 791 546
Agent: Highland Double Bay,
Wrapped in beautiful gardens, Terra Murus is an impressive home by
Michael Paroulakis 0411 887 515
architect Pleysier Perkins. Contrasting textures and finishes, including
This elegant home claims an elevated position in
rammed-earth walls, extensive glazing, spotted gum floors and a marble
a dress-circle cul-de-sac. There’s a selection of
kitchen, combine to create a unique residence with a saltwater pool.
living areas and established gardens with a pool.
PR E ST IGE
5
WHY LIVE ANYWHERE ELSE? Yves puts the focus on sophisticated design, superb craftsmanship and a return to rediscovering the best things in life, in the coveted neighbourhood of Mermaid Beach. yvesmermaidbeach.com.au Call Alex: 0432 846 501
PROUDLY DEVELOPED BY
Artist impression
DESIGNED BY
DESIGN DIGEST
Travel in mind Transporting us to far-flung places, these delightful designs sprinkle a sense of wanderlust into the home. C o m p i l e d b y PAU LIN E M O RRIS SE Y WONDER WALL Inspired by nostalgic memories of holidays by the sea – in Australia or abroad – the Vada wallpaper by Burleigh Headsbased brand These Walls takes design cues from retro patterns found on sun-drenched walls from bygone days. thesewalls.com.au
REFINED RATTAN Rattan’s natural and exotic appearance evokes memories of travels in tropical destinations, as shown by the Squiggle Rattan Bedhead by Fenton & Fenton, which features a curvy detail for an added light and airy feel. fentonandfenton.com.au
MEDITERRANEAN INFLUENCE
VIBRANT VESSELS The Cerulean collection by Marloe Marloe is inspired by the essence of travel, adventure and freedom, displayed through various azure-hued,
Inspired by
sculptural and rounded pieces – a nod to the shades and fluidity of the ocean.
Mediterranean motifs,
marloemarloe.com
Lucy Montgomery’s Stripes cushion range uses hand-painted stripes in varying colours of natural, blue, ochre, olive and terracotta elegantly printed on premium linen and made complete with a brush fringe. lucymontgomery.com
PR E ST IGE
7
With all due respect … FEATURE STORY
The former home of celebrated architect Iwan Iwanoff is on the market but will the new owner stay true to his modernist vision? B y PAU L B E S T
R
etain? Reinvent? Restore? These are just a few of the questions you may ask yourself when buying a house designed by a big-name architect. Usually, owners in this position take a measure of custodianship over such a property, sometimes going to considerable lengths to keep intact or reinstate the architect’s original vision. More so, too, when the property was once the architect’s own home. But how far do you go? Do you turn the house into a museum or some kind of shrine to the famed architect? Do you rework their original design and intent sympathetically? Or perhaps overlay it with your own vision?
8
PR E ST IGE
Over the years, it’s something that undoubtedly has occupied the minds of the owners of this Iwan Iwanoff-designed modernist gem in the coastal Perth suburb of Floreat, as the property has been passed down from one to another. The late Bulgarian-born architect, one of Western Australia’s most celebrated and idiosyncratic, built the two-storey house in 1966 both for his family and as a place of work. Iwanoff House is particularly noteworthy on several levels. First, as his own house, he had the freedom to experiment. Second, it also showcased Iwanoff’s distinctive style, which favoured a European modernist idiom. You see it in the clean, minimalist lines of the building, the strip windows connecting the
house to the surrounding trees and garden (something Iwanoff was big on) and the use of concrete. More notably, though, it signalled his foray into the creative application of concrete Besser Blocks, which lent his design a sense of drama and brutalism – an architectural approach that emerged from the modernist movement. More than half a century on, the exterior of the house looks virtually unchanged – save for the front door and window frames, which have been painted a rich red – a clear sign that each set of owners has shown the building due respect. Inside, though, has been more challenging. Iwanoff was highly thorough and detailed with his work, with bespoke fit-outs featuring custom furnishings and fixtures. In its original plan, the first floor served as the living, dining and sleeping quarters. On one side of a central staircase were twin bedrooms, each with an en suite bathroom, while the other side housed the kitchen, dining and living areas.
YOUR AGENT Danielle Geagea, Zsa Zsa Property
“The property is for someone who appreciates good design. Someone who knows of Iwanoff and has always wanted to live in one of his houses, or someone who just wants to live in one of Perth’s blue-chip suburbs.” The ground floor was halved into Iwanoff’s studio at one end and a carport at the other. But today the interiors are altered, mainly by one former owner – an interior designer – who modified the residence to meet the demands of her growing family. Some of the key changes included the transformation of Iwanoff’s studio into an extra living area, the conversion of the carport into a main bedroom, replacement of the kitchen and upgrades to the bathrooms. At the same time, though, she was mindful of staying true to the architect’s vision. For instance, the new kitchen occupied the same footprint, the bathrooms retained original features, and the main bedroom used screening that referenced the joinery. Interestingly, before they decided to sell, the current owners had been keen to restore the house, particularly the internal timberwork, to a more pristine state. The owners – who, at one time, owned Iwanoff’s Frank House in Menora – had suitably furnished the Iwanoff House with authentic vintage mid-century furniture.
“They have an affinity for Iwanoff’s work,” says selling agent Danielle Geagea. “Having owned an Iwanoff previously, they’d really wanted to do it justice by bringing it back to what it was.” Something for the next owners to ponder.
Floreat Perth 16 Lifford Road $2.75 million +
3
3
2
Private sale Agent: Zsa Zsa Property, Danielle Geagea 0433 121 079
Hover your camera over the code to see Domain listings in Floreat
PR E ST IGE
9
QUEEN’S WHARF TOWER AND IRD FROM WILLIAM STREET NORTHBOUND — ARTIST IMPRESSION
HISTORY WAITS FOR NO ONE ICONIC RESIDENCES COMING APRIL 2022 A SPECTACULAR NEW RELEASE IN BRISBANE’S MOST CAPTIVATING PRECINCT. STUNNING RESIDENCES WITH EXCEPTIONAL PRIVATE AMENITY. QUEEN’S WHARF TOWER IS YOUR OPPORTUNITY TO OWN A PIECE OF HISTORY.
QWTOWER.COM.AU
LIVING IN
28.7956° S, 153.59378° E
LENNOX HEAD
This coastal town is rapidly evolving, thanks in part to seachangers lured by its beauty and charm. B y PAU LIN E M O RRIS SE Y
YOU MAY LIKE ...
Lennox Head
Life in the small seaside village of Lennox Head
nature,” he explains. “Even those who crave a city
means never being too far from numerous
fix from time to time can simply head to the Gold
Northern Rivers 40 Blue Seas Parade
beaches. Even when strolling along the main
Coast, which is just over an hour’s drive away.”
$25 million +
drag, Ballina Street – with cafes, restaurants and
Walters notes how the past two years have
boutique shops aplenty – the beach can be
seen incredible growth in the region, backed by
found waiting, just across the road. It’s also much
the latest Domain House Price Report, which has
quieter, yet no less beautiful than Byron Bay,
seen the median house price in Lennox Head rise
which conveniently is only 15 minutes north.
to $1.52 million, up by a staggering 60.4 per cent
It seemed inevitable that this once sleepy holiday destination would join the big leagues,
Paradise awaits
crashing swells and easygoing vibes.
After holidaying in Lennox Head for many years, a emerged for Sue Lillioja and her husband. But after realising they didn’t need to wait for
and professionally, Braden Walters is the
retirement to live out their dreams, the couple
principal of Belle Property Byron Bay/Lennox
made the move earlier than originally planned.
“I have also lived in the area for the past two
6
dream of moving to the area after retirement
Enjoying the charms of seaside living, personally
Head, based in the town’s main street.
4
year-on-year.
evolving into a flourishing town cherished for its
Beachside bliss
5
“Our daughter had a new teaching job in
An icon of the region, The Point is an architectural
Brisbane, so we just decided to pack up our lives
tri-level masterpiece, built on a large double
years, so whether I’m at home or in the office, I
and make the move north from the Central
block above the ocean, granting sweeping vistas,
can always hear and smell the nearby Seven Mile
Coast,” says Lillioja. “I’m so glad we moved when
as though floating over the vast stretches of blue.
Beach,” says Walters.
we did, as this enabled us to really set roots and
Expressions of interest
form deep connections and friendships within
Agent: Byron Bay & Hinterland Property Sales,
the community.”
Rez Tal 0405 350 682
According to Walters, the laid-back community of Lennox Head, made up of long-term residents and retirees, has welcomed city folks who have
Seven years on, the Lillioja family have built a
arrived in recent years, longing for a sea change.
new home for themselves, inspired by the area’s
“Buyers from major cities have been flocking to
classic beach shacks. Some of which she
the area in search of a better life for themselves
documents on her popular Instagram account,
Lennox Head is just as
Hover your camera over the
and their kids, grabbing the chance to obtain
@thehappy.shack, where the joyful essence of
gorgeous as its busier
code to see Domain listings
more space that is surrounded by stunning
Lennox Head is wonderfully captured.
neighbour, Byron Bay.
in Lennox Head
PR E ST IGE
11
Bathed in indulgence. Surrounded by beauty. Never to be repeated. This is Piper. Inspired by the intimacy and grandeur of a private estate, 15 deeply private and meticulouslyconsidered homes, nestled within the glittering harbour-side jewel of Point Piper.
Each flawlessly conceived with contemporary features, intricate interior detailing and flourishes of European elegance, flowing out to lush textured gardens, some with private pools and romantic grottos.
Register now to book your private appointment. piperpointpiper.com.au 1800 028 077
This advertisement includes indicative information only. The images used are indicative only.
THE PROPERTY INVESTOR
ISTOCK
Take your emotions out of the process There are many pitfalls that await the investor – and letting your feelings guide your decision making is one of the biggest. B y SU E WILLIAMS
H
It’s best to study the demographic of the area you’re buying into.
ow do you spot a bad investment? There are the obvious rules, like avoiding the best house in the worst street and plunging all your cash into a property on the most exposed part of a flood plain. But the very worst decision you can make? “Buying the house you’ve fallen in love with,” says investment strategist Rasti Vaibhav. “The danger then is that you don’t think at all, or that you overpay, because you’re blinded by emotion. “Of course, you have to consider the emotions of potential tenants or future buyers, but discount your own.” Another dubious outlay is buying a property that doesn’t align with your long-term goals, advises Vaibhav, financial analyst and author of new book, The Property Wealth Blueprint. If you’re planning to build a property portfolio, then you should instead choose to buy those homes that provide you with equity for the next one, and the next. Those from which there’s no easy exit strategy can also be a problem, suggests buyers’ agent Reece Coleman, principal of Portico Buyers
Agents. In the 1990s, he bought a unit on the outskirts of Brisbane and, every time he switched on the TV news, his block seemed to appear in yet another “Shock! Horror!” expose of pyramid selling schemes. “I had to hold onto it for a long time to make money,” he says. “But with apartments, I’d
“The danger is that you … overpay, because you’re blinded by emotion.” always recommend avoiding, too, those that have quarterly strata fees that are more than two weeks’ rent, which can signal excessive facilities or maintenance needs. “Also, from reading the strata report, beware any that have disharmony in the building or a
history of strata levies. That can be a sign that not enough money is being put into the sinking fund.” There can be issues also with buying a house as an investment on a new housing estate that might take 10 years to fully develop or sell out, Coleman advises. The next time you need a tenant, or when it comes time to sell, you might have a lot of competition from the newer houses nearby – and which one are renters, and purchasers, more likely to choose? In addition, ignore at your peril the market and demographic of the area you’re thinking of buying into, warns Darren Venter, director of The Investors Agency. If all the tenants are looking for two-bedroom, two-bathroom houses on 600 square metres of land, then avoid choosing a tiny house or studio apartment. “It’s also a good idea not to buy a house in an area where there’s a lot of land for sale,” Venters says. “The market could end up being saturated. It’s much better to invest in a place where land is scarcer. “And don’t buy in a single-economic area, one that, for instance, depends solely on mining or agriculture. If that industry hits trouble, then there may be less demand for housing.” People might also be attracted to a bad investment if, perhaps, it’s going for a cheaper price than the house next door. But in that case, check out why, urges Vaibhav. It might well be smaller or have an inferior layout or a worse outlook.
PR E ST IGE
13
T H E R E E F C O L L E C T I O N MISSION BEACH QLD A UNIQUE COLLECTION OF 5 PREMIUM PROPERTIES WITH UNINTERRUPTED OCEAN VIEWS AND / OR PRIVATE RAINFOREST SECLUSION MISSION BEACH IS MADE UP OF 5 VILLAGES LINKED BY 14 KM OF BEACH AND IS LOCATED APPROXIMATELY MIDWAY BETWEEN CAIRNS AND TOWNSVILLE ACCESS TO THE GREAT BARRIER REEF, WET TROPICS RAINFOREST AND NEARBY ISLANDS INCLUDING DUNK ISLAND AND BEDARRA ISLAND
LOT 4 WYLIE ROAD MISSION BEACH
11/73 EXPLORERS DRIVE SOUTH MISSION BEACH
ALTITUDE ONE40° – SHOWCASING UNINTERRUPTED OCEAN VIEWS
HORIZONS - 180° OCEAN VIEWS
41 22 33 15
41 32 23 15
LAND AREA: 7.21 HA DWELLING AREA: 216M2
LAND AREA: 3,675M2 DWELLING AREA: 317M2
169 REID ROAD WONGALING BEACH
LOT 12/73 EXPLORERS DRIVE SOUTH MISSION BEACH
NEAR BEACHFRONT DEVELOPMENT LAND
UNBELIEVABLE PRESTIGE HOMESITE WITH 360° VIEWS
LAND AREA: 1.04 HA
LAND AREA: 4,697M2
Susie England - 0407 195 514 Tania Steele - 0448 250 499 Dick Williams 0419 734 705
48 MARINE PARADE MISSION BEACH
EXPRESSIONS OF INTEREST BY 12 PM (AEST) FRIDAY 25 MARCH 2022
ABSOLUTE BEACHFRONT HOME SITE WITH ISLAND VIEWS LAND AREA: 809M2
THEREEFCOLLECTION.COM.AU
kayburton.com.au
Unique River-Front Luxury
19-21 Riverside Road, Ivanhoe Paying homage to the architectural style of Frank Lloyd Wright’s “Fallingwater” masterpiece, “Larnoo” is a riverfront lifestyle paradise. A secluded family resort on 5,832sqm – boasting breathtaking bush-land panorama of the Yarra River and Golf Course views. Featuring a million-dollar horizon pool/spa, oodlit N/S tennis court, rivers-edge pavilion and boat house, 2 luxurious home offices, library, unrivalled chef’s kitchen, multi-table games zone, cellar, gym, steam room, full al-fresco kitchen, city view rooftop terrace, monitored CCTV security and expansive garaging which is ideal for a classic car collection. 21riverside.com
Expressions of Interest
Closing Thursday 17th March at 5:00pm
View
By Private Appointment Only
Contact
Sean Cussell 0425 787 979 Melissa Lim 0449 932 882
prestigehomes.com.au
8 -1 6 H OWA R D AV E N U E
Boston
5a 4 b 6c e 2.82
Retreat to the Eyre's finest resort-style bay front estate on Port Lincoln's idyllic North Shore.
g
A
Price | Contact Agent
Rachel Hawkins 0429 682 227
For Sale View Inspection by appointment
H A R R I S R E .C O M . AU | R L A 2 2 6 4 0 9
Karen Lombe 0408 886 664
BIN
UM
RR
CU
K EE 542m
CR
25
AD
Creek
RO
SP100132 19.01 ha
S U N S H I N E B E AC H
4/1 Crank Street
3
BED
3.5
BATH
1
CAR
1
POOL
HOUSE-SIZED VILLA DIRECTLY OPPOSITE THE BEACH! Opportunities to purchase in this premium location very rarely become available. Only metres from the beach access of Sunshine Beach, the Surf Club and Village with all its amenities at your doorstep. • Enjoy stunning ocean views from almost every angle, North-facing balcony as well as the private courtyard with direct access to a sparkling pool. • Ready to down size, make a fantastic investment as a holiday rental or a lock-and-leave retreat for those looking to escape the hustle and bustle of city life. Sunshine Beach living doesn’t get any better than this.
D A V I D C O N O L LY
0438 259 956
AUCTION VIEW
Wednesday & Saturday 1.00 - 1.30pm
07 5447 2451
century21noosa.com
4a
THORNLANDS 86-106 George Thorn Drive
3b
2v
RARE BAYSIDE ACREAGE DREAM • 5.5 private acres on pristine Moreton Bay • North-easterly aspect to North Straddie • Build new or renovate existing home (STCA) • Freshly updated, beneficial granny flat • 35 mins from Brisbane in a lovely community
belleproperty.com/222P338345
AUCTION Saturday, 5th March at 2.00pm
Tony O'Doherty 0466 442 674 tony.odoherty@belleproperty.com
LIMITED 2 AND 3-BEDROOM RESIDENCES REMAIN PARK VIEW from $1,215,000 RIVERFRONT from $1,920,000
Artist’s impression
CONSTRUCTION COMMENCED ON MELBOURNE’S FIRST INTERNATIONAL HOTEL-BRANDED RESIDENCES
Ten years in the planning, a new era in riverfront living is now taking shape, with the construction of Australia’s first 1 Hotel & Homes at Seafarers officially commencing. Comprising just 120 hotel-branded residences, Seafarers places five-star amenity at your door, and everything you love about Melbourne, just a riverwalk away. Secure one of the remaining 2 or 3-bedroom residences and gain access to a selection of additional owner privileges, including:
WATERFRONT DISPLAY SUITE OPEN FOR PRIVATE VIEWINGS (IN-PERSON & ONLINE) BOOK NOW SEAFARERS-RESIDENCES.COM.AU/DISCOVER OR CALL 1300 308 295
– Private dining rooms with chef catered dinners – Pool, gym, sauna, spa and rooftop garden – 24-hour concierge and valet parking – In-home room service and organic pantry stocking – Housekeeping and linen service – Botanical care and maintenance services – Pet care and walking.