Domain Prestige - March 02, 2022

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

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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

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South Yarra Melbourne 16 Fairlie Court $18.5 million-$20 million

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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

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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.

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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

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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?

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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?

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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 +

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Private sale Agent: Zsa Zsa Property, Danielle Geagea 0433 121 079

Hover your camera over the code to see Domain listings in Floreat

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QUEEN’S WHARF TOWER AND IRD FROM WILLIAM STREET NORTHBOUND — ARTIST IMPRESSION

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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

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dream of moving to the area after retirement

Enjoying the charms of seaside living, personally

Head, based in the town’s main street.

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year-on-year.

evolving into a flourishing town cherished for its

Beachside bliss

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“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

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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

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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.

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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

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Retreat to the Eyre's finest resort-style bay front estate on Port Lincoln's idyllic North Shore.

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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

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K EE 542m

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SP100132 19.01 ha

S U N S H I N E B E AC H

4/1 Crank Street

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BED

3.5

BATH

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CAR

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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

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THORNLANDS 86-106 George Thorn Drive

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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.