Domain Prestige - April 10, 2019

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10 APRIL / 2019

PRESTIGE THE BEST IN AUSTRALIAN PROPERTY

UNWIND TIME Call of the country


AUSTRALIA’S PREMIUM BEACHFRONT RESIDENCES COMING SOON IN MID 2019 Saint Moritz is its own extraordinary world. Presiding quietly over St Kilda’s stunning esplanade and beach, Saint Moritz is nothing short of an art piece. The international signature of the waterfront’s revitalisation, it represents St Kilda’s inspiring cultural renaissance. Call today for a VIP preview of the display gallery before public launch. SAINT MORITZ SALES CONCIERGE — 0488 966 944 SAINTMORITZ.COM.AU


M E L B OU U RN N E ’S S B E A CH H SI D E

01 St. Kilda from the pier Paul & Gerald Turner— Turner, Paul & Gerald Circa 1891 02 The Palais De Danse St. Kilda Rose Stereograph Co Circa 1920-1954 03 Palais de Danse Rose Stereograph Co Circa 1930

SINCE THE EARLY 20TH CENTURY, ST KILDA HAS BEEN HAILED AS MELBOURNE’S ULTIMATE ENTERTAINMENT DESTINATION THANKS TO THE ST KILDA TRIANGLE, A SITE ENCOMPASSING ICONIC THEATRES, AMUSEMENTS AND FESTIVITIES AT THE HEART OF THE FORESHORE.

The waterfront’s revitalisation in the early 1900s saw the establishment of some of Melbourne’s most loved venues, including St Kilda Sea Baths, Luna Park, Palais Theatre and St. Moritz Ice Skating Rink. Designed by architects Beaver & Purnell in 1922, St. Moritz Ice-skating Palais was first built as the Wattle Path Palais de Danse, one of the world’s largest dance halls. As the venue for the first all-Australian dance championships, it featured some of the best dance bands of Australia and America. The venue was later renamed as St. Moritz Ice Skating Rink. The grand opening was on Friday 10 March, 1939. The arrival of celebrities to the much-anticipated event was announced on the radio station 3XY, with commentary about the interior and the evening’s goings-on provided by Norman Banks. The cost of entry was 5 shillings, inclusive of tax as well as skate hire for the 2,000 people who attended. Its rich cultural heritage, picturesque landscape and lively atmosphere make St Kilda the premier destination to live large, both now and into the future.


B y K ATE FARRE LLY

Mosman Sydney 12 David Street $6 million J E N M E LO CCO

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For sale Agent: The Agency North, Nic Yates 0430 772 253 With the Easter break approaching, many of us are dreaming of a few

Given a superb makeover by Tribe Studios,

days out of the city and its associated stresses to escape to the country.

this harbourside home is a 10-minute walk from

Space, privacy and being close to nature are all precious commodities in

Clifton Gardens Reserve where you can take a

our increasingly urbanised world. “There’s always an element of demand

dip, cast a line off the wharf or stretch your legs

for those kinds of properties at the upper end of the market,” Domain

on a bush walk. An all-white kitchen divides the

data scientist Dr Nicola Powell tells us in our cover story this week on rural

living and dining rooms and you can relax in the

retreats. “And while we’re seeing a broader slowdown across all markets,

media room or heated pool.

we’re still seeing some price growth for those properties.” Prices aside, what will always ring true about a country retreat is that it brings plenty of benefits for our well being. Meanwhile, for those looking to a move to

Open your camera and hover

a regional city, we profile Bendigo. The historical Victorian city has an

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impressive past, but it is also investing in its future.

to view listing

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 Chief executive officer: Jason Pellegrino Residential sales: Queensland Brad McLeod, 0429 571 826 New South Wales Belinda Sinclair 0414 580 903 Victoria & Tasmania Mitch Armstrong 0438 820 767 Western Australia, South Australia & Northern Territory Jeroen van de Peppel 0427 292 797

HOT PROPERTY

LIVING IN A city of art and history

COVER STORY Ultimate escape

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Digital edition Visit domain.com.au/ digitaledition

ISTOCK

O U R COVE R 46 Rymera Road,

NEXT STOP Spain’s Costa del Sol

Sarabah Listed by Sothebys PAG E 8

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LUXE LIFE Cool in the kitchen

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


McMahons Point Sydney 7 West Crescent Street $7 million

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Auction: April 17 Agent: Stone McMahons Point, Annika Bongiorno 0415 194 152 This brand new home cascades down its site on the high side of the street in a series of glass-fronted levels connected by a lift and designed to make the most of the Berrys Bay views. It’s a hop, skip and jump to the ferry, which will deliver you to the city in less than 10 minutes.

Open your camera and hover your phone over the app code to view listing

Brighton

Isle of Capri

Melbourne 1/20 Glyndon Avenue

Gold Coast 25 The Corso

$5.2 million-$5.6 million

$4.995 million

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Expressions of interest: close April 30

For sale

Agent: Kay & Burton Bayside, Ian Jackson 0419 593 663

Agent: Kollosche, Eddie Wardale 0408 881 678

This house-sized apartment is one of just four in a new Jon Friedrich-

A riverfront home set in one of the Gold Coast’s

designed building and comes with Jack Merlo-landscaped gardens

most desirable pockets. There’s an outdoor

and two sophisticated living zones.

kitchen, pool and pontoon to enjoy.

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

your phone over the app code

over the app code to view listing

to view listing

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Your view for life.

31 BROADBEACH BOULEVARD, BROADBEACH CONSTRUCTION HAS COMMENCED – COMPLETION DUE MID 2020

LIMITED FULL FLOOR OPPORTUNITIES NOW REMAIN • 3 bedrooms, 3 ensuites + powder room, separate office, 238sqm of luxury interiors • Private lift to your door • 45m 2 verandah to live on and enjoy year round • Magnificent views north to Surfers and south to Coolangatta • Designer chef ’s kitchen with butler’s pantry • Rooftop heated lap pool, private recreation area

Just footsteps from the beach and so close to vibrant Broadbeach central.

SALES SUITE BY APPOINTMENT 15 ALBERT AVENUE , BROADBE ACH, QLD ENQUIRE NOW AT w w w.31BB .COM. AU | ANDREW BAMPTON 0418 7 76 036

ANOTHER PROJECT BY OPTIMUS w w w.optimusdevelopment s.com. au


LIVING IN

36.7510° S, 144.3050° E

BENDIGO ISTOCK

The historic Victorian city of Bendigo has struck gold with a fresh focus on the arts and showcasing its past. B y K ATE FARRE LLY

YOU MAY LIKE ...

Bendigo

Hats off to Grace Kelly and Marilyn Monroe.

Portrait Gallery. Tweed Sutherland First National

These two screen goddesses have played a

agent Helen Ashby says the gallery is part of a

Bendigo 57 Forest Street

significant role in putting Bendigo on the national

fantastic arts precinct, which includes the visitor

$1.5 million +

arts’ radar, with exclusive exhibitions about them

centre’s Living Arts Space, La Trobe Visual Arts

at Bendigo Art Gallery in 2012 and 2016 each

Centre, a silk studio, bookbinders, design

drawing around 150,000 visitors.

boutiques and theatres.

For a regional city with a population of 114,000, that’s no small feat and gallery staff are

Staging a revival

justifiably proud of their efforts, which have had

The newest addition is the four-year-old

a huge impact on Bendigo's evolving identity.

Ulumbarra Theatre, a celebrated conversion

Trailblazing art

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of the city's heritage-listed Sandhurst Gaol. This year the theatre will host a diverse range

“The gallery has been a great leader,” says

of entertainment, from Shakespeare and the

curatorial manager Tansy Curtin. “By

Melbourne Symphony Orchestra to Lee

programming these incredible exhibitions,

Kernaghan and the Victorian State Ballet’s

we’ve really put the gallery on the map. Tourism

Beauty and the Beast.

and other partners have all come on the journey,

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Bendigo's growing reputation as an arts and

and now Bendigo’s also got an amazing culture

culture destination has helped to push property

Auction: April 27

around food and wine.”

prices north, with high-end apartment

Agent: Tweed Sutherland First National,

developments now underway.

Helen Ashby 0408 425 566; McKean McGregor,

Curtin says by thinking big and pushing outside the traditional bounds of a regional gallery, the

“A few years ago $1 million [for property]

Drew Stratton 0414 576 371

Bendigo institution has been critical in increasing

didn't roll off the tongue easily, now it does,”

This heritage-listed 1886 provincial mansion

tourist numbers as well as making the city a

says Ashby, who has recent sales ranging

is close to the arts precinct and packed with

place more people want to call home.

between $1.2 million and $1.8 million.

original features from an oak staircase to pressed

Curtin, who moved from Adelaide 12 years ago

“When Bendigo was a mining town some

metal ceilings and marble fireplaces.

to take up a job at the gallery, is enthusiastic

massive homes were built, all in that central

about the current exhibition, Tudors to Windsors,

area where everyone wants to live and you can

Rosalind Gardens

which traces the history of the British monarchy.

walk everywhere. There are parks, gardens and

and Queen Victoria

Open your camera and hover

Bendigo is the only place in Australia where you

galleries, beautiful restaurants and quite

monument in

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can see this collection from London’s National

diversified shopping.”

Bendigo, Victoria.

to view listing

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Making a graceful retreat

COVER STORY

Lifestyle properties are in strong demand as buyers seek an escape from the pressures of the city. B y SU E WILLIAMS

W

ith Australia's cities becoming ever busier and more highly developed, the demand among prestige buyers for country retreats in quieter, more rural locations is still growing. “There’s always an element of demand for those kinds of properties at the upper end of the market,” says Domain data scientist Nicola Powell. “And while we’re seeing a broader slowdown across all markets, we’re still seeing some price growth for those properties.” For Brisbane residents, it’s the hinterlands of the Gold Coast and Sunshine Coast where

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they’re seeking some weekend or holiday peace and quiet, for Melburnians it’s often the Mornington Peninsula, while the lure of the Southern Highlands remains strong for those living in Sydney. “One of my clients in Brisbane has a lot of businesses he operates, but he loves to have a lifestyle property somewhere much more serene on the Gold Coast hinterland, which is only 75 to 80 minutes away by road, or 12 minutes by helicopter,” says agent Michael Vettoretto of Queensland Sotheby's International Realty. “But now he has other businesses closer to the

Sunshine Coast, so he’s selling that one in Sarabah, and is now buying another property in the hinterland further north,” Mr Vettoretto says. “It’s very important for a lot of people to have a lifestyle property or country retreat to relax in, and when the right one comes up on the market, there’s a hell of a lot of buyers.” Mr Vettoretto is already fielding a lot of interest in the $8.8 million five-bedroom, six-bathroom home in Sarabah, set on 20 hectares of land. It comes with its own vineyard, olive grove, cellar door and restaurant facilities, in the foothills of Lamington National Park in the Scenic Rim district. Similarly, Victoria's Mornington Peninsula is also in demand among Melbourne locals keen for a tranquil escape. “People love to be surrounded by countryside and acreage or by the coast, and a vineyard can be very beautiful to look out over,” says Holly Longmuir of RT Edgar Flinders. “There’s a big appetite for good properties in


YOUR AGENT Michael Vettoretto, Queensland Sotheby’s International Realty

“Some people have grown up in the country, and love the chance to go back to their roots on acreage with a retreat, while others are searching for somewhere beautiful and peaceful.”

popular rural areas and there’s always limited supply.” One of her favourites on the market currently is a house in coveted Shoreham set in park-like gardens, with views across to Phillip Island and beyond. The Mornington Peninsula retreat market is tracking well, with Dr Powell reporting that upper end property prices in the area are still growing at 5 per cent. In NSW, the Southern Highlands retains its reputation for having some of the best country retreats around. “The market is still quite good here and we’re seeing some strong results from people looking for weekenders,” said Anne Stone of McGrath Bowral. She’s currently selling a grand home in Burradoo with Georgian period features set among extensive grounds with mature hedges and sweeping lawns. “It’s a beautiful area, very traditional, and I think people from Sydney love coming here and actually seeing four seasons, which they don’t in Sydney.

“Everyone loves a country retreat where they can see the trees change colour in autumn and spring, and so much greenery,” she says.

Sarabah South East Queensland 46 Rymera Road $8.8 million

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For sale: By expressions of Interest Agent: Queensland Sotheby’s International Realty, Michael Vettoretto 0438 705 745

Open your camera and hover your phone over the app code to view listing

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ABSOLUTE BEACHFRONT GOLD COAST - NOW COMPLETE Apartment & Full Floor Grand Penthouse Displays Open Few Residences Remain - From $1.995m

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


NEXT STOP 36.5090° N, 4.8910° W

WHAT YOU CAN BUY FOR … $29 million This futuristic compound in Sotogrande is divided into six luxury threebedroom villas. It includes a disco, gym, spa, playgrounds, recording suite and cinema. $13.6 million Be the king of your own castle in Malaga. Castillo Santa Catalina is made up of a 17th century fort and a 1929 neo-Arabian palace now used as a boutique hotel. $7.9 million Enjoy views of the Marbella coastline from most rooms in this fivebedroom villa set over three storeys. Includes a library, pool and terraces.

COSTA DEL SOL

Europe’s sunshine coast takes luxury holiday homes into a league of their own, attracting the rich and famous. B y E LICIA M U RR AY

with tech and finance entrepreneurs increasingly elbowing out the traditional Brit retiree set. Luxury new developments are also reporting solid sales.

For decades, the Costa del Sol has lured

The agency is handling the listing for one such

Prices on Marbella's beachfront are among

cashed-up tourists from Grace Kelly to Vladimir

estate, set a row back from the beach next to

the highest – and most stable – in Spain,

Putin with its mix of sunshine and glamour.

the famous Puente Romano resort in Marbella.

according to de Miguel.

The upmarket stretch of coastline is part of

Comprising two attached villas and a self-

the autonomous community of Spain’s Andalusia

contained apartment, the eight-bedroom

Can Australians buy in?

in the south of the Iberian Peninsula.

property has sprawling gardens, large terraces,

“Foreigners can easily buy a property in Spain,”

a pool and massage room. Tastefully eclectic

de Miguel says.

Elena de Miguel of Kristina Szekely Sotheby's International Realty says Marbella’s Golden Mile is the most sought-after location for buyers seeking holiday homes on the Costa del Sol. Prestige properties are typically Mediterranean-

interiors embrace colour and texture. It's on the market for $US30 million or about $43 million.

Typically, a reserve deposit is initially paid to the agent or vendor’s lawyer. The buyer’s lawyer checks the paperwork, then a further deposit is paid and contracts signed. Finally, the

style villas or apartments in gated communities

Current market

with resort-style amenities.

Like most holiday home destinations, the

deed signed and witnessed by a notary. Non-

Costa del Sol market is at the mercy of broader

residents must acquire a government certificate.

properties are in high demand on the Golden Mile

economic forces. Brexit skittishness is affecting

A 10 per cent tax is levied on luxury properties.

beachside and the prices are the highest along

UK buyers and sellers. Belgian, Nordic and

the Costa del Sol,” de Miguel says.

German buyers are still strongly represented,

“The few recently renovated contemporary

outstanding amount is handed over and the

sothebysrealty.com

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YOU MAY LIKE ...

LUXE LIFE KITCHEN

Bondi

Status comes in the clever and cool

Sydney 9 Dudley Street $4 million

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s someone who occasionally reviews fast cars for a living, I try hard not to get upset about the idea of my children buying self-driving vehicles. But I must admit the concept that they might grow up to lust after status kitchens rather than speedy machines is just too much to take. This is not just the future according to master interior designer and TV star Darren Palmer, who made me tear up slightly when he told me about “Xennials”, it is a time that’s already here. “For Xennials [that’s in between Millennials, in their late 30s, and young Gen Xers in their early 40s], the home is now a status symbol, the sign of success, and people aren’t going out to buy Ferraris, their new midlife-crisis purchase is a status kitchen,” Palmer explained. Palmer, 41, describes himself as a “walking, talking example” of a Xennial, and he designed his own status kitchen entirely to match his LG Signature Refrigerator. What we were more taken with, however, was the LG Signature Wine Cellar, which should

hold high status indeed in any kitchen. The Wine Cellar is clever and cool, because you can open the door when your hands are full of wine bottles, just by waving your foot over a handy “Open Me” light, projected onto the floor. Or if you want to see what’s in there but you don't want to waste vital energy by opening the door you can just knock on the glass, and the wine cabinet is illuminated. Not only does it feature multi-temperature control, so you can store different kinds of wine appropriately, there’s also a beer fridge secreted out of sight, and an ice chest that pops out at the touch of a button with a cheerful series of beeps. This very modern wine fridge holds 65 bottles and is, of course, also connected to Wi-Fi, and will message your phone to tell you of looming disasters such as a lack of your favourite vintage, or an unexpected temperature change. Or, worse … you’re out of beer. No doubt, in the near future, a self-driving van will be alerted by your fridge to deliver new stocks and save you from dealing with such trivialities.

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Auction: April 13 Agent: Phillips Pantzer Donnelley, Alexander Phillips 0418 404 337 This cool, white and bright home is so design driven (it’s by Peter Dunkley Design) it would surely make Darren Palmer weep happy tears. It has a fantastic status kitchen, a status staircase, too, and some very status ocean views.

Darren Palmer’s refrigerator and wine

Open your camera and hover

cellar are from the

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LG Signature range.

to view listing

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Truly unique, this resort-style home has been designed to live, breathe and respond to Brisbane’s subtropical climate, creating a living experience like no other.

Images are artists’ impressions.


INCOMPARABLE BRISBANE CITY

FOR SALE By Mon 20 May 2019 INSPECT By appointment

4105/443 Queen Street

With priority placed on natural light, greenery and airflow, this premier residence has been designed to channel the iconic Queenslander, reimagined for high-rise living. The result is a home which delivers practicality, sustainability and tremendous beauty. With a total living area of 309m2, there is a remarkable sense of freedom throughout the home’s four bedrooms, three bathrooms and numerous living areas. With house-like proportions and lavish inclusions, it is exceedingly rare to find an apartment with such impressive size, scope and meticulous level of detail. For more information, contact Judy Goodger.

4 + BED 3 + BATH 3 CAR

JUDY GOODGER 0438 767 377

eplace.com.au/443queen 10075280-02


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837SQM

BUILD YOUR DREAM HOME ON MAIN RIVER

11 Waterview Crescent Sorrento One of Sorrento’s last vacant parcel’s of land offers a golden opportunity to design your new waterfront residence. Your new home is located in a quiet cul-de-sac amongst prestige homes and will showcase Main River and skyline views. Sorrento has a village feel with local shops and restaurants. Elite schools, the Gold Coast Turf Club and an array of amenities all underpin the desirability of this location.

- Land size 837sqm - Cleared site, with services - 21.5m (approx.) frontage to the Nerang river - Pontoon permissible - Drawings are available for a 5 bedroom residence on the site - Central location for local amenities and lifestyle highlights

Book an appointment to walk on site and take in the all that the land has to offer. The Sellers will consider offers prior to auction.

AUCTION: CONTACT:

Onsite, Sunday 19 May at 10:00am Roland Evans 0433 335 507 Laura Langford 0449 993 114

148 Acres of Prime Pasture Land with Water Frontage Be the one to secure this rare opportunity to build a home on one of the most fertile and picturesque plains in Pyree on the South Coast. Situated on the Crookhaven River, Greenwell Point, Pyree and surrounds are located 30 minutes south of Berry and 15 minutes east of Nowra. This area is well known for its oysters and home to Australia’s voted best fish and chip shop. Here you have a blank slate to start with, to immerse yourself into the surrounds. Recreational fishing, swimming, yachting and boating are only a small part of this area, the rest is marine and mangrove sanctuaries. So here we present Lot 5, situated smack bang within this beautiful paradise on Greenwell Point Rd, on approximately 148 acres of private playground with a DA approved home; bordering onto the Crookhaven River with direct water frontage. The property is fully cleared and fenced. Electricity and town water are connected to the block, with phone lines available. The opportunities and possibilities of what this property could become are endless. Make an appointment with us today to visit this site, let your imagination run free and make your dreams come true.

For Sale by Private Treaty Agent Carrie Bond 0421 449 846

southcoastprestigeproperties.com.au


13 Edward Street, Kew Positioned to perfection in the prestigious Sackville Estate, this executive residence exudes quality and sophistication. Enjoying an extensive street frontage and beautifully landscaped gardens, this three-bedroom plus study residence is superbly appointed with luxurious living and dining options both inside and out. Immaculately presented with sleek modern tones, granite bench tops, the jewel in the crown of this remarkable home is a wonderful open-plan living area that spans both inside and outside. A magnificent kitchen with island bench opens to the relaxed family lounge and adjacent dining zone, effortlessly flowing through bi-fold doors to an all-weather outdoor entertaining sanctuary complete with a full outdoor kitchen. The timber deck extends further for sun-splashed alfresco enjoyment in the warmer months, providing yet another dining or entertaining space, a true lifestyle experience.

For Sale Inspect Thursday 2:00pm - 2:30pm or Saturday 11:30am – 12:00pm Antony Woodley 0421 286 741 Kathy Malcolm 0416 279 966 collinssimms.com.au Part of the Marshall White Group

FOR SALE

3341 Caves Road Margaret River, Western Australia • • • • • • •

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FOR SALE BY INTERNATIONAL EXPRESSIONS OF INTEREST Aaron Desange +61 408 022 878 Ryan McGinnity +61 417 719 712 Chloe Mason +61 466 610 729

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