Domain Prestige - April 10, 2024

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Design ahead of its time FUTURISTIC FORM

10 APRIL / 2024 THE BEST IN AUSTRALIAN PROPERTY
PRESTIGE

THE JEWEL IN THE GOLD COAST’S CROWN

The Gold Coast has emerged as Australia’s most desirable coastal locale and there is one address that stands above all else.

Own a piece of this prestigious beachfront collection, with fully completed residences & penthouses benefiting from a luxurious lifestyle by The Langham, Gold Coast.

DIAMOND COLLECTION WITH DEDICATED RESIDENTS’ CONCIERGE NOW SELLING

SALES GALLERY & DISPLAY APARTMENTS OPEN DAILY Located Corner Wharf & Old Burleigh Roads, Surfers Paradise, Gold Coast 4217. JEWELPRIVATERESIDENCES.COM.AU | 1300 552 456

ENVY OF THE WORLD

CONSTRUCTION COMPLETION LATE 2025

LOCATED ON THE SANDS OF NORTHCLIFFE TERRACE, ROYALE REPRESENTS THE PINNACLE OF BEACHFRONT LUXURY, WITH SIX-STAR RESIDENTS AMENITY AND ELEGANT DESIGN AS ENVISAGED BY AUSTRALIA’S FINEST ARCHITECTS AND INTERIOR DESIGNERS.

Construction is well underway on the Gold Coast’s ultimate beachfront address, with over 80% sold and a limited selection of 3 & 4 bedroom residences, half-floor and full-floor penthouses remaining.

BEACH HOMES FROM $6.598M PENTHOUSE

3 BEDROOM
RESIDENCES FROM $4.75M
COLLECTION
FROM $7.975M

BOOK YOUR EXCLUSIVE VIRTUAL OR IN PERSON APPOINTMENT WITH TOTAL PROPERTY GROUP AT CAPRI ON VIA ROMA, ISLE OF CAPRI, GOLD COAST

Don’t miss the opportunity to take ownership of a residence that will forever change the expectations of luxury beachfront living on the Gold Coast.

7 – 9 NORTHCLIFFE TERRACE, SURFERS PARADISE

1300 722 131 / ROYALEGC.COM.AU

I’ve visited many developer display suites in my time and I often think as I walk through the beautiful spaces, running my hands along the marble benchtops and examining the craftsmanship of the joinery, “What happens to them after the homes are sold?” Some are gutted completely while others are functional and retrofitted for sale, like this week’s Yellowtrace home, a Sydney apartment that was once a display suite for its late-’70s, early-’80s building located in Double Bay heritage-listed gardens. In the story, we explore its transformation into a modern abode that showcases a deep respect for its era, with chrome accents, curved pelmet detailing and a daring carpet choice that I promise will grow on you. Fast-forward to the present day and beyond to the space-age residence in Hobart on our cover. It’s hard to believe that its design is connected to a federation cottage.

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HOT PROPERTY LIVING IN High-end hinterland life 9 YELLOWTRACE Making memories sing 10 THE PROPERTY INVESTOR Get into the zone 12 Private sale Agent: McGrath Mansfield, Kate McDougall 0419 303 515 A 10-year labour of love for architect and former owner Steve Domoney and his wife Lek, this beautifully presented house on almost 20 hectares of land comprises four
featuring stonework, galvanised iron and rough-sawn recycled timbers, connected by Paul Bangay-designed
Ancona Mansfield 534 Donaldsons Road $5.25 million 5 4 4 JOSEPHINE HUYNH By KATE FARRELLY OUR COVER 3747 Channel Highway, Birchs Bay Listed by Knight Frank Tasmania PAGE 7 Editor: Josephine Huynh Editorial producer: Hailey Coules Group picture editor: Kylie Thomson Senior designer: Colleen Chin Quan Graphic designer: Emma Drake National magazine editor: Natalie Mortimer Group content director: Mark Roppolo Chief marketing officer: Rebecca Darley Chief executive officer: Jason Pellegrino Residential sales: Queensland Amanda Vaughan 0413 370 004 New South Wales Rachel Savio 0401 704 452 Victoria, Western Australia, South Australia, Northern Territory & Tasmania Ray van Veenendaal 0438 279 870 New development sales: Ivan Curic 0413 498 156 Media sales: Sam Hill 0438 348 998 Contact: editorial@domain.com.au PHOTOGRAPHY BY PABLO VEIGA \ STYLING BY ATELIER ROOM ON FIRE
pavilions
gardens.

Melbourne

Melbourne CBD 22/17 Spring Street

$17 million-$18 million

4 4 4

Expressions of interest: Close noon, April 30

Agent: Kay & Burton Stonnington, Monique Depierre 0407 881 327

Occupying all of level 22 and enjoying 360-degree views of Melbourne’s landmarks through floor-to-ceiling glazing, this Bates Smart-designed apartment comes with interiors by Kestie Lane Studio. You’ll find Venetianpolished plaster, Italian marble, Poliform cabinetry and statement lighting.

Birchs Bay

Hobart 3747 Channel Highway

$4.5 million+

4 4 9

Private sale

Agent: Knight Frank Tasmania, Anne Boman 0409 571 542

A dreamy coastal location and a striking Brian Wyatt-designed house combine to create Bonnie Doon, a three-hectare retreat 40 kilometres south of the Hobart CBD. The accommodation includes the original Federation cottage, a home studio and a contemporary two-storey addition with spacious openplan living spaces, a futuristic kitchen and an indoor pool.

Sorrento

Gold Coast 2 Saywell Street

5 5 3

Auction: 6pm, April 17

Agent: Kollosche, Eddie Wardale 0408 881 678

A dip in the riverfront infinity-edge pool, a day on your boat or a long lunch on the covered northfacing terrace: it’s all yours for the taking at this newly built house designed by Bayden Goddard.

PRESTIGE 7

19 KEY COURT, NOOSA HEADS

When it comes to a finding a sparkling new stunning residence with glistening saltwater lapping the whitesand foreshore, the jaw-dropping coveted address of Key Court Noosa Sound, a mere eightminute walk to Hastings Street and Noosa Main Beach, this is it. Imagine the impeccable design and building credentials of Blackwood Architects and Damien Davidson, with generous open plan living

spaces, a fireplace andendless oak flooring. Indoors, thanks to disappearing doors, morphs into a terrace where alfresco entertaining is at its best. Admire the centrepiece of a dazzling pool, picture the kids swimming in the safe shallows or dock the boat at the pontoon.

Auction Saturday 11 May 1pm

Agent

Agent

NOOSA’S HOME OF PRESTIGE PROPERTY 4 4 2
offermann.com.au
Tom Offermann
711 888
0412
tom@offermann.com.au
Nic Hunter 0421 785 512
nic@offermann.com.au

MAIN RIDGE

In the rolling Mornington Peninsula countryside, Main Ridge provides wine, truffles and serenity.

Geographically gifted within a sweet spot of Victoria’s coveted Mornington Peninsula, Main Ridge is tucked between the lush hills of Red Hill and the coastal charm of Flinders, yet is only a little over an hour from Melbourne.

The essence of this rural enclave lies in its gum tree-lined roads, which reveal stunning views over a countryside peppered with wineries, artisan producers, and quaint accommodation. A step off the beaten tourist track, it presents a slower-paced lifestyle.

Country meets coast

Meg Pell of Kay & Burton Portsea says Main Ridge is a magnet for those seeking serenity and space, from young families wanting more room to grow to retirees in search of a haven and weekenders with visions of country bliss and hobby farms.

“Here, properties range from sprawling acreages to the few residential-sized blocks available, all set against a stunning rural backdrop,” Pell says. “And while you may not find a commercial strip, the area is home to renowned businesses such as Ten Minutes by Tractor [winery] and Rocky Creek Strawberry Farm.”

Beyond its scenic landscape, Pell highlights the region’s commitment to preserving its natural beauty through green-wedge zoning.

“Main Ridge, like much of the Mornington Peninsula’s hinterland, is poised to become even

more precious over time,” she says. “With regulations like a minimum subdivision of 100 acres, it’s destined to retain its status as an unspoiled locale, making it an ideal investment and living space, whether full-time or part-time.”

Truffle treasure

Michael Linton has lived here for over 70 years. After running a renowned garden centre for decades, he retired in 2010 and ventured into truffle farming with Main Ridge Truffles.

“We unearthed our first truffle in 2015 and have since been recognised for our premium-quality truffles, favoured by top chefs and establishments across the peninsula,” Linton says. “Thanks to the fertile soil, we cultivate both black winter and white truffles, renowned for their exceptional aroma and flavour.”

Linton, who has seen generations of his family grow and thrive in the area, speaks of its unparalleled sense of calm, even more so than its nearby coastal towns. His affection for the land and its people is evident.

“Our truffiere overlooks Greens Bush, the largest parcel of remnant bushland on the peninsula, with its natural display of eucalyptus, grass trees, and ferns,” he says. “Around the corner, Lil’s Yolky Dokey Eggs offers the bounty of their ‘gypsy chickens’, who roam free during the day and sleep in their caravans at night.”

The Victorian locale’s large subdivisions help to ensure it remains as unspoiled as possible.

Main Ridge

Mornington Peninsula

503 Purves Road

$3.3 million-$3.6 million

4

2

Expressions of interest: Close noon, April 18

Agent: Buxton Mornington Peninsula – Flinders, Madeline Kennedy 0411 873 913

This refined hinterland retreat captivates with its board and batten facade enhanced by American shingles. Its vast living spaces flaunt high raked ceilings and a Cheminees Philippe fireplace.

PRESTIGE 9 LIVING IN
38.4020° S, 144.9523° E
2 YOU MAY LIKE ...
GREG BRIGGS Hover your camera over the code to see Domain listings in Main Ridge

Preserving heritage: A twist on the ’80s

Architect George has completed a vibrant renovation of a late-1970s, early-1980s apartment nestled in heritage-listed gardens in Sydney’s Double Bay for clients who have owned it since it was built.

“Our clients hadn’t changed anything, and the interior was immaculately cared for,” explains Dean Williams of Architect George.

“This apartment was the original developer display suite, and some of the furniture from this era – including the incredible marble dining table – still remained.”

The project was a delicate balance between preserving the heritage and accommodating the modern lifestyle needs of its owners.

“Our clients wanted a contemporary apartment, but they didn’t want to lose all memory of the home they had loved for so long,” Williams says. “They needed several functional modifications and additional space to transition into an intergenerational home for their extended family.”

The renovation drew inspiration from ’80s architecture and furniture design, incorporating bold colours, chrome accents and granite textures. Critical design interventions included removing non-structural walls to open the space and create better room connections.

“We aimed to amplify the character of the existing residence rather than change it,” Williams says. “Minimal interventions provided maximum effect, with non-structural walls removed to open up space and direct views towards the surrounding gardens.”

Enclosed balcony floors were raised to align with living spaces, and floor surfaces were reconfigured to integrate different living areas.

“We retained the clients’ original marble dining table, which served as a focal point in the space,” Williams says. “The selection of furniture pieces and finishes was guided by a desire to maintain a sense of familiarity while introducing modern elements.”

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PHOTOGRAPHY BY PABLO VEIGA \ STYLING BY ATELIER ROOM ON FIRE COURTESY OF JONES

The clients’ original marble dining table (far right) serves as a focal point in the residence.

The renovation also prioritised personalised details, achieved through close collaboration with the clients. From curved pelmet lighting to deep granite thresholds, each element was carefully considered to enhance the overall aesthetic and functionality of the space.

“The curved pelmet lighting detail that wraps around the living room and the soft, subtle curved plaster details are inspired by all the arched doorways of the original apartment,” says Williams, who developed the detail in response to the clients’ desire for a soft, diffused light source in their living room.

“The curved pelmet also subtly links the height of the lower adjacent ceiling occupied by the enclosed verandah – a design tool to blur the edge between the dining and living functions.”

Another favourite element is the granite thresholds at the entrance to every room, particularly the deep one connecting the kitchen to the living room.

“It acts like an experiential, deep portal that emotionally separates the person from these two spaces,” Williams says.

He expresses pride in the seamless integration of contemporary design with the apartment’s rich history. And so he should – this project is a fine example of how heritage properties can be revitalised to meet the needs of modern living, serving as a reminder of the importance of embracing renewal without erasing the past.

yellowtrace.com.au

“It acts like an experiential, deep portal that emotionally separates the person from these two spaces.”
PRESTIGE 11

The dire housing shortage across Australia is forcing all tiers of government to rezone land for residential development.

The upside of getting ‘into the zone’

There are windfall profits to be made by investing in property destined to be rezoned but it’s critical to do the homework first.

The rezoning of land can offer huge opportunities for investors looking to put their money in real estate areas where values are likely to rise – as long they’re thoroughly researched first.

That means the rezoning of rural areas throughout inland Australia for residential housing or, as is currently happening in NSW, the rezoning of land around eight major rail and metro stations in Sydney, could pave the way for 45,000 new homes by 2027.

“That does offer a lot of potential for investors as long as the high density that results is done well,” says buyers’ agent and property solicitor Nick Viner of Buyers Domain.

“It can mean a lot more people coming to an area, bringing new life to the retail and shopping and cafes and restaurants.

“But investors need to make sure of the build quality … and the plans for amenities, open spaces, setback, lighting – everything.”

The critical housing shortage is foremost on the mind of every level of government and each tier can rezone certain areas within their region.

These may be one-offs or may come in tranches, such as the NSW government’s initial target of areas within 1.2 kilometres of stations, and secondary phase of introducing new planning regulations within a 400-metre radius.

“Rezoning does definitely represent opportunities for investors.”

Different states often also have different regulations on rezoning. In Victoria, for instance, a windfall gains tax has recently been introduced – a property tax that applies to certain land that is rezoned and results in a taxable value uplift of more than $100,000.

In Western Australia, there have been huge rezoning movements, with 15 areas in Perth and

Peel being examined to see if changes in current land use and zoning are appropriate.

“Rezoning does definitely represent opportunities for investors and can often set precedents, with value rises trickling down through the rest of the area,” says MCG Quantity Surveyors managing director Mike Mortlock.

“It can provide windfalls, but it does involve a fairly sophisticated investment strategy. You have to look at all the information, the development control plans, the local environmental plans, and anything that can come from the state or local government.

“These might be part of plans for a growth corridor or transport corridor and there might be a train station or new road going in.”

Buyers should also be aware that things can change unexpectedly, perhaps as a result of community action against these plans.

Rezoning proposals around Catherine Hill Bay on NSW’s Lake Macquarie, for instance, sparked heated opposition and a long resistance campaign.

But when it’s good, the change can be excellent for everyone.

“Rezoning offers property investors the opportunity to develop underutilised properties, maximising their potential and profitability,” says the co-founder of Rethink Property Investing, Mina O’Neill.

“We’re seeing more opportunities than ever before due to unprecedented population growth, with councils grappling with the task of keeping up with the supply of new houses.”

12 PRESTIGE NSW GOVERNMENT THE PROPERTY INVESTOR
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*Prices and information correct as at 27 March 2024. Photographs are for illustrative purposes and may depict decorative items not actually provided by Keyton. Published by Keyton (VIC) Pty Ltd ABN 55 124 646 484. 14795 03/24 Download the app See demand for your home PRESTIGE 13
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KAYBURTON.COM.AU PRIMA TOWER PENTHOUSE 6601/35 QUEENSBRIDGE STREET SOUTHBANK, VICTORIA 4 4 5 14 PRESTIGE
Viewing By appointment Expressions of interest Close 27 April at 12pm Jamie Mi 0450 125 355 Rae Mano 0413 768 163 Ross Savas 0418 322 994 PRESTIGE 15
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18 PRESTIGE

3 Kootingal Street Ashmore

7 bed | 5.5 bath | 7 car Gold Coast Riverfront estate brimming with timeless charm.

A rare opportunity has come available to purchase one of 12 blocks located on an undiscovered stretch of inner city acreage backing onto the picturesque Main River. This waterfront estate features an architecturally-designed two-level residence which has been impeccably designed to invoke warmth and character.

For Sale

Expressions of interest Inspection

By private appointment

Presented by Katrina Walsh 0429 899 295 Guy Powell 0413 030 851 Dane Atherton 0412

GPRE Pty Ltd & Lifestyle Properties (Qld) Pty Ltd in conjunction with Beyond Reserve Pty Ltd Trading As Coastal Property Agents. PRESTIGE 19
182 582 coastal.com.au

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