13 JULY / 2022
PRESTIGE THE BEST IN AUSTRALIAN PROPERTY
MODERN MINIMALISM A symphony of ef for tle ss de sign
A S TAT E M E N T O F ARC H ITECTU RAL EXCE LLENCE 28 ABSOLUTE RIVERFRONT RESIDENCES ON THE APEX OF THE BRISBANE RIVER IN TOOWONG
ARCRESIDENCES.COM.AU 1300 663 205
B y K ATE FARRE LLY
Ewingsdale Northern Rivers Whipbird Place $6.5 million-$7 million J OSE PHIN E H U YN H
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Expressions of interest: Close July 21 Agent: Cape Byron Property, Bryce Cameron 0412 057 672 Our forever-fashionable Dana Tomic Hughes, who brings us an exclusive
A celebration of minimalist, open-plan
glimpse into Australia’s most stunning design projects each month, has just
architecture, the living spaces of Currawong
returned from Milan Design Week, where creatives around the globe
House feature polished concrete floors and
converge to celebrate shows and exhibitions in hundreds of venues across
spotted gum joinery, and extend to an all-
the city’s design districts. It’s one of my absolute favourite places in the
weather terrace overlooking the pool and
world during what would have to be the city’s prime after a pandemic-
landscaped gardens. The modern home is a
induced three-year hiatus, and I’m jealous at the thought of missing out on
10-minute drive from Byron Bay and includes a
all the life and colour that would have lit up the city. Expect to see the latest
separate free-standing studio.
furniture, homewares and art trends seep their way to our shores and into Design Digest in the coming weeks. For now, dive into Dana’s latest profile of a 1920s brick warehouse heritage conversion in North Melbourne that beautifully carries the exterior’s rust-red tone into the interiors.
O U R COVE R Whipbird Place, Ewingsdale Listed by Cape Byron Property PAG E 4
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 magazine editor: Natalie Mortimer National managing editor: Alice Stolz Chief marketing officer: Rebecca Darley Chief executive officer: Jason Pellegrino Residential sales: Queensland Amanda Vaughan 0413 370 004 New South Wales Caitlin Hao 0430 938 214 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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HOT PROPERTY
SHARYN CAIRNS
DESIGN DIGEST Luxurious finishing touches
YELLOWTRACE Award-winning warehouse
LIVING IN Gateway to the Swan Valley
THE PROPERTY INVESTOR To sell, or not to sell?
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Cooroy Mountain Noosa Shire 148 Solar Road $11 million +
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Private sale Agent: Jackson Jones Sunshine Coast, Nigel Jackson 0497 338 395 Set on almost eight hectares of rolling hills and eucalypts adjoining pristine state forest, this home has been designed to make the most of its sublime hinterland location and sweeping mountain views. It comes with northfacing living spaces, a 15-metre pool and a showroom garage.
Mermaid Beach
Balgowlah Heights
Gold Coast 1/31 Albatross Avenue
Sydney 3 Gertrude Street
$12 million +
$6.85 million
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Expressions of interest: Close 4pm, July 28
Auction: 1.15pm, July 23
Agent: Harcourts Coastal, Tolemy Stevens 0422 770 352
Agent: Cunninghams Real Estate,
There’s nothing but a stretch of golden sand between this house-sized villa
Steve Lambley 0452 078 001
and the Pacific Ocean, delivering the ultimate beachfront lifestyle close to
This light-filled home comes with casual and
Pacific Fair shopping centre and only 15 kilometres from the airport. Over
formal living areas and a central kitchen opening
three levels, the home comes with a home cinema, gym and a lap pool.
onto a barbecue terrace that looks over the pool.
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PR E ST IGE
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YELLOWTRACE
b y DANA TO MIC H U G H E S
COURTESY OF JONES
SHARYN CAIRNS
Warehouse is a store of delightful design solutions
W
hile heritage renovations and building re-adaptations sound pretty exciting on paper, they are certainly nothing new. It takes a remarkable project to leave a lasting impression that stays with us long after we’ve flicked the pages of a magazine or scrolled through a website. Enter Stable & Cart House in North Melbourne by Clare Cousins Architects. This award-winning scheme is an exercise in masterful balance and beauty where the existing heritage envelope confidently maintains its unique character, despite the bold new architectural insertions. The project is a real sum of its parts, not simply a heritage intervention nor a daring new build, but rather a nuanced and thoughtful home that creates its own aesthetic. It was originally a stable and cart store designed by esteemed architect Harry A. Norris – known for designing Melbourne’s iconic Nicholas Building and Burnham Beeches. For this project, Clare Cousins Architects thoughtfully engaged with the imperfections and idiosyncrasies of the 1920s brick warehouse. “Having owned the warehouse for 25 years, our client’s retirement and relocation from NSW was the catalyst to undertake the conversion from commercial tenancy to home,” Cousins says. The client was keen to preserve and celebrate the rich history of the building’s varied uses – once a stable, ironworks, salvage warehouse and, more recently, a dressmaking atelier – each of which left an imprint on the building fabric. Defined by four double-height perimeter walls, the existing stables presented a single enclosed volume with which to work. “The design challenge presented itself as a paradox – to introduce the obligatory domestic program while preserving the warehouse scale of the interior and memories of its past,” Cousins says.
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An industrial patina, aged timbers and rusted corrugated roofing were key characteristics of the historic interior to be retained. The hero move of this project is, without a doubt, the new courtyard that’s been cut into the building’s centre, bringing with it natural light, ventilation and a touch of nature. Multiple domestic zones hug the garden, allowing varying degrees of spatial connection where occupants can engage or retreat. The architects introduced sub-floor insulation, double-glazing, cross ventilation, operable skylights for thermal purging and highly insulated rooms to combat the thermal limitations of a 100-year-old warehouse. Internally, the corrugated roof is retained as the ceiling with a new insulated roof structure ingeniously constructed above. Corrosion holes and previous repairs deliver a patchwork of patina by remaining visible in the interior for years to come. “Under the watchful eye of builder ProvanBuilt, the industrially scaled steel windows, bookshelf and stair were constructed on-site, in memory of the ironworks that once occupied the building,” Cousins says. The stair’s rust-red tone sits in conversation with the patina of the rugged surfaces, yet it remains clearly expressed as a new insertion.
“The design challenge presented itself as a paradox – to introduce the obligatory domestic program while preserving the warehouse.” Like all great elements of architecture, the stair goes beyond its utility, providing elevated vantage points while dividing the open living space into more intimate zones. From the front, the building’s original facade remains untouched, revealing nothing of the remarkable home within – an honest and practical alteration that values the past while preserving the old warehouse into the future.
For the renovation of Stable & Cart House, the client wanted to preserve the history
yellowtrace.com.au
of the 1920s building.
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LIVING IN
31.8994° S, 115.9717° E
GUILDFORD ALAMY
Perfectly quaint, historic Guildford is an ideal base for indulging in the abundance of the Swan Valley region. B y PAU LIN E M O RRIS SE Y Just 12 kilometres from Perth’s CBD and the
properties to a much wider buyer pool of those
gateway to the renowned Swan Valley region,
eager to secure a home in Guildford.”
Guildford is a picturesque village dotted with
Guildford Swan Valley 2 Turton Street $1.89 million +
McAtee and her family have lived in the suburb
heritage buildings, antique stores, and character-
for over 30 years, and have undertaken their third
filled pubs and cafes.
period-house renovation. She says buyers want
Along its streets lie charming homes with
to be close to the river and obtain river wetland
fanciful facades, most of which reveal loving
views, and are lovers of fine home restorations.
renovations and extensions behind classic white
“[Guildford is] also on the doorstep of Western
picket fences. These homes are tightly held, with
Australia’s magnificent Swan Valley winery region
residents keen to continue living in glorious
and river, where kids still spend lazy summer
Guildford, flanked by the Swan and Helena rivers.
afternoons climbing the beams under the bridges
The charms of yesteryear
YOU MAY LIKE ...
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to dive, jump or swim across the river.”
According to Heidi McAtee of Elders Real Estate
Swan Valley sights
WA Rural & Metro, Guildford is experiencing a
Alan Crocker, the chief executive of Black Swan
dynamic sellers’ market with an extraordinarily
Tours, has guided visitors through the region for
accelerated upward trend and an influx of
four years, and says there’s no better base than
eastern states and overseas buyers.
Guildford for exploring the valley and its wineries,
Expressions of interest
breweries, distilleries, market gardens, golf
Agent: The Agency, Patrick Harper 0413 440 107
courses, and walking and cycling tracks.
Resplendent in its Victorian-era style, Coralynn is
She notes that nearly all sales are exceeding market expectations, reaching record-high prices that set the direction for other properties. “People are drawn to Guildford’s typically large
“We love the history, stories and people that
an iconic and meticulously cared-for period
make this such an amazing multicultural region,”
home. It occupies a privileged place at the end of
block sizes – a general R5 zoning was introduced
Crocker says. “It’s a beautiful place year-round,
a quiet cul-de-sac and is enveloped in 1609
many years ago to preserve block sizes and
particularly during November when the majestic
square metres of manicured gardens and lawns.
discourage dense subdivision,” McAtee says.
jacarandas are blooming. January through to March is when the whole region comes alive with
Charming Guildford is
on investment, with savvy buyers immediately
wineries preparing their vintages and roadside
host to numerous
seeing potential in an original home.
market gardens selling an abundance of fresh
heritage buildings as
Hover your camera over the
local produce. Winter is the perfect time to find
well as hotels and a
code to see Domain listings
an open fireplace with a glass of red wine.”
range of eateries.
in Guildford
“The suburb has a proven track record of return
“Lifting carpets, polishing original boards or extending the floor plan’s size can open
PR E ST IGE
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THE PROPERTY INVESTOR
STEPHEN McKENZIE
Should I stay or should I go? Working out an exit strategy for an investment property can be as tricky as knowing what and when to buy in the first place. B y SU E WILLIAMS
I
It is important to factor in the cost of selling a property when deciding whether it’s time to move on.
t’s the perennial puzzle: how do you know when it’s the right time to sell an investment property? Mostly, it depends on your financial strategy, your point in the investment cycle and the age and quality of your property, but there are some general factors to take into account. Inspire Realty chief executive Colin Lee recommends that, when making the decision, you assess the performance of your property, looking at its annual compound growth rate. At the moment, houses are delivering much stronger results than apartments, so some people are selling apartments and moving into house-and-land instead. “There’s a real swing towards land properties, so I would prefer to sell my investment apartments and realise the equity and then land-bank or purchase house-and-land packages,” Lee says. “But it always depends on the property. “At the moment, people are looking for places with a study, more space – especially an outdoor space – that are pet-friendly, that might have
separate living areas – like a granny flat – a pool, and have already been renovated.” If you’ve decided to sell, Lee advises that should be done between August and November, when the majority of sales take place.
“I’ve never been a fan of trying to pick the bottom of the market.” “During winter, people tend to hibernate, especially in places like Tasmania and Melbourne, so you’ll have fewer people through your property and fewer offers,” he says. In today’s real estate environment of slowing price growth and rising interest rates, an investor might think of selling to exit the market and realise their cash.
But, conversely, these are the perfect conditions in which to upgrade. “You might want to improve your portfolio – for instance, upgrading from a one-bedroom to two bedrooms or to a more substantial property,” says Ewan Morton, managing director of Morton. “Potentially, you’re selling at the bottom of the market so that’s also a good time to buy something more expensive that will be discounted by even more.” Deciding when to sell will also depend on an investor’s stage of life, says Andrew Cocks, managing director of Richardson & Wrench. Investment is always a long-term game, so younger investors may do better to stay the course and reap the rewards later. “But if you’re older and the property isn’t growing in value to the extent it was and with interest rates rising and negative gearing you can’t see a pathway to it becoming a more positive investment, then it might be better to cut your losses and move on,” Cocks says. “I’ve never been a fan of trying to pick the bottom of the market,” he adds. “You need to understand yield and the long-term returns of your property.” But you always need to take into consideration the cost of changing properties, says Uwe Jacobs, director of Property Friends. “I tend to think the cost of buying and selling is around 20 per cent so any decision to change an investment property has to have more than a 20 per cent upside,” he says.
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Absolute Beachfront, North Queensland Internationally celebrated architect Andy Hall designed Astoria House with a brief to create a luxurious resort-style beachfront residence. The knockout views of Double Island and across the Great Barrier Reef are unrivalled. Astoria House is discretely nestled on the same beach as Palm Cove with its bounty of cafes, restaurants, and shops – accessible by bicycle or walking along the beachfront leisure trail. Constructed with sustainability and modern technology in mind, Astoria House is an architectural masterpiece.
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‘Astoria House‘, 50 Kewarra Street Kewarra Beach, North Queensland For Sale Expressions of Interest View Inspection by Appointment Barbara Wolveridge +61 418 760 004
NOTHING COMPARES. queenslandsothebysrealty.com
‘Manderley’ Consider for a moment what it would be like to live in the tranquillity and seclusion of your own 150-acre eco retreat, yet only two hours from the centre of Brisbane. Welcome to ‘Manderley’ located in the district of Lamington. ‘Manderley’ is fringed by Christmas Creek, ridges and rugged mountains. At one edge, the house sits before a steeply rising mountain crowned by an imposing cliff face. The house built in 2009, is a contemporary yet unique design. Two buildings are separated by a covered breezeway that is continuous, with a large front deck. The larger section comprises a generous kitchen and living area, main bedroom and ensuite, office, utility room and extra toilet. The second section contains one bedroom, a shared bathroom that includes a spa bath set against a large window looking out to the mountains and a multi-purpose room at the front,
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‘Manderley’, 3275 Christmas Creek Road Lamington, Queensland For Sale Private Sale View Inspection by Appointment Michael Vettoretto +61 438 705 745
NOTHING COMPARES. queenslandsothebysrealty.com
Supreme Penthouse Elegance
*Indicative Only
Penthouse B27-1/75 Brighton Parade, Southport Scan for Listing
微信 扫码
Contact Agent 4
Contact for a Private Viewing Duncan Longmore 0419 611 792 Claire Dai 0432 318 746
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865m2*
The ultimate penthouse entertainer beckons in Rivage Royale with this luxury tri-level sky home. Occupying the 27th, 28th and 29th levels and boasting a supersized 865m2* floorplan, step inside and bask in panoramic views of the Broadwater, Hinterland, Marina Mirage, Main River, and the sweeping Surfers Paradise skyline. Effortlessly elegant interiors with quality finishes, cook up a feast in a kitchen fit for a MasterChef and grab a bottle from the glass faced wine cellar, preparing a drink from the sleek and stylish wet bar. There’s also 4 king sized bedrooms with ensuites plus a 3rd floor where, from sunrise to sunset, you’ll witness mother nature at her finest. Fitted with a kitchenette, sauna, and sprawling rooftop terrace with pool, BBQ and a weather sensor vergola, it’s an unrivalled option for entertaining or relaxation against the backdrop of the city and coastal skyline. The owner will consider all offers and terms. *approximate
‘SAILS’ 50 Holt Road GARNERS BEACH QLD
CORAL SEA COAST WATCHER
‘Sails’ at Garners Beach – just a few minutes north of Mission Beach. A home that commands big blue views from a high oceanfront position on the secluded rainforest Beach, known locally as “Brooks Beach” with golden sands set between the headlands. The grounds are landscaped down to the beachfront boundary and contain an elegant palm forest with many tropical flowering trees.
‘Sails’ interior is extraordinary with its six meter high ceilings and colourful art throughout. From the moment you enter the house the feeling is uplifting, very open plan leading out onto decks all around that are covered, leading out to the pool at the north end of the house. ABSOLUTELY WORDS WON’T DO IT – an inspection is a must OR Facetime Video.
Contact Steve Wiltshire on 0419 674 409 sales@missionbeachrealestate.com.au
missionbeachrealestate.com.au
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