Domain Prestige - November 06, 2019

6 NOVEMBER / 2019

PRESTIGE THE BEST IN AUSTRALIAN PROPERTY

FINE TIMES Built for enter taining

B y K ATE FARRE LLY

Noosa Waters Sunshine Coast 32-36 The Anchorage Tender J E N M E LO CCO

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Tender: closes December 11 Agent: Queensland Sotheby’s International Realty, Paul Arthur 0466 776 700; Reed & Co, The best way to enjoy success is to share it with others. For some that

Adrian Reed 0409 446 955

means creating a home in which friends and family can gather, as well as

Hayven, a magnificent waterfront mansion

acting as a welcoming retreat to those who reside in it every day. Our cover

designed by Shane Thompson, is one for

property is just such a home. The residence of the late businessman Donald

entertaining. First there is accommodation for

Hay and his wife Maribi, the Noosa Waters estate has everything for guests

up to 32 people. Add to that a 25-metre pool,

to enjoy, including large indoor and outdoor entertaining areas – and a

a championship tennis court, two jetties, a

nightclub. Designed as a series of wings, it is also intimate enough for family

nightclub, media room and steam room.

to enjoy when the guests have left. Meanwhile, in Property Path, we take a look at the growing collection of homes of the names behind the successful F45 gyms. And for those looking for international acquisitions, we travel to

Open your camera and hover

the Portugese capital of Lisbon and discover a stunning apartment in the

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city’s historic centre.

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 Group picture editor: Kylie Thomson Chief executive officer: Jason Pellegrino Chief consumer officer: Jason Chuck 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

DESIGN DIGEST Minimal impact

PROPERTY PATH Fit and fabulous portfolio

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Digital edition Visit domain.com.au/ digitaledition

O U R COVE R 32-36 The Anchorage, Noosa Waters.

Listed by Queensland

LIVING IN Harbourside Elizabeth Bay

Sotheby’s International Realty.

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PR E ST IGE

NEXT STOP A fabulous apartment in Lisbon

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

Toorak Melbourne 1 Crestmont Court $8 million-$8.7 million

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Expressions of interest: close November 12 Agent: Kay & Burton South Yarra, Damon Krongold 0418 850 757 On the market for the first time since it was built in the 1970s, this SJB Architects-designed residence claims a coveted cul-de-sac location close to top schools. Highlights include a heated pool, travertine foyer, a formal living room with a fireplace and distinctive timber joinery.

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

Tamarama

New Brighton

Sydney 28 Wolaroi Crescent

Byron Hinterland 37c Byron Street

$14 million

$6.4 million-$6.7 million

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For sale: by expressions of interest

For sale

Agent: Ken Jacobs Christie’s International Real Estate,

Agent: LJ Hooker Lennox Head,

Peter Anderson 0412 281 133

Kent Shay 0438 670 684

Showcasing concrete floors, walls and ceilings, with oak accents to soften

This 3.54-hectare retreat claims 88 metres of

the palette, this hillside home claims spectacular views over a park to the

beachfront about 30 minutes from Byron Bay. It

ocean. The commercial-style kitchen has Wolf and Sub Zero appliances.

comes with a lake, tennis court and heated pool.

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

PR E ST IGE

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58 Kooyong Road

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Originally built c1868 as Kooyong Road´s pre-eminent address, six bedroom, four bathroom CARRINGTON HOUSE has been comprehensively renovated to create a home that delivers un-paralleled family luxury. Fully integrated home entertainment and an internal lift lead a fabulous luxury list that includes an outdoor pool and a sublime indoor pavilion featuring a 25m lap pool. CARRINGTON sits centrally on mature, elegantly landscaped grounds totaling 1140m2, including a double garage, within walking distance of Union Park and High Street.

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Private Auction: Wednesday 27th November View: Strictly By Appointment Saturday & Tuesday 12.00-12.45pm 24/7 View: www.58kooyongroadarmadale.com Contact: Hugh Hardy 0407 339 807 Jock Langley 0419 530 008 Ada Taylor 0428 058 880 Office 9864 5300

abercrombys.com.au

DESIGN DIGEST

Mastered minimalism Contemporary minimalism displays clean lines, simple shapes and refined palettes. C o m p i l e d b y PAU LIN E M O RRIS SE Y FLIPSIDE PENDANT Melbourne-based lighting designs studio Volker Haug has created an exquisite flip-side pendant. Using angled discs suspended from decorative cabling, these lights can be customised in various finishes. volkerhaug.com

SHARYN CAIRNS

SEEN SKIN Design studio Golden has created the interiors of wellness destination Seen Skin in Melbourne’s Prahran. The flagship salon blends polished elements with the raw, including granite counters with polished shelves. designbygolden.com.au

FOMU OVAL SIDE TABLE Notable for

PI-DOU VASE Inspired by the tubes that run along the facade of the Pompidou Centre in Paris,

its clean lines and

The striking vases come in various hand-glazed metallic finishes. stylecraft.com.au

the Pi-Dou Vase by Tacchini is a re-issue of the work of renowned Florentine ceramicist Alvino Bagni.

minimal aesthetic, the Fomu Side Table is a beautifully refined and versatile item.

Featuring a powdercoated steel frame in either black or white, with an optional oak top. fomudesign.com

PR E ST IGE

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PROPERTY PATH

B y LU CY MACKE N

Healthy appetite for coastal trophies The duo behind fitness club powerhouse F45 are buying up big, with a broad portfolio of beachside property.

R Main Rob Deutsch’s home overlooks Sydney’s Bronte.

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PR E ST IGE

ob Deutsch was best known as an equities trader when at the age of 27 he bought his first home, a onebedroom apartment set a block back from the beach at Bondi for $600,000.

But in the fallout from the global financial crisis he found himself redundant in 2012, so turned to setting up a gym with $100,000 at Sydney’s White City.

At the time Deutsch was yet to make any decent impression on property records, but that changed five years ago when he teamed up with his mate Adam Gilchrist (not the

cricketer), rebadged the gym F45 and franchised the model.

The Australian fitness franchise has grown exponentially since, with 1500 studios in 40 countries and financial buy in from Hollywood heart-throb Mark Wahlberg.

Deutsch’s real estate portfolio has done well off the back of it.

That one-bedder has been joined by four more luxury apartments in the same block, all bought in a company name, totalling more than $7.2 million, of which one was most recently purchased in August.

That two-bedroom pad bought for $1.65 million has already been offered to the rental market for $1150 a week.

Then there are two beachside apartments next door to Justin Hemmes’ Coogee Pavilion, the first bought in late 2017 for $2.1 million and another for $2.125 million a month later.

Deutsch’s home is Bronte.

More specifically, records show a contemporary three-level residence – one of only 13 fronting the northern end of the beach – he bought for $11.2 million a year ago, complete with glass-fronted living areas, two studies, games and rumpus room, outdoor kitchen and spa.

Hungry for more Deutsch’s more than $22 million worth of eastern suburbs real estate is just a fraction of what his F45 partner Gilchrist has parlayed into property.

Gilchrist owns no property in his name, but acquisitions in his wife’s name and in a company name solely owned and directed by

Left Adam Gilchrist bought neighbouring homes in Freshwater.

Below left Gilchrist’s Byron Bay property.

JAMES BRICKWOOD

him total more than $45 million in the past two years alone.

That figure doesn’t include a two-bedroom apartment bought by his wife in 2013 for $710,000.

In late 2017, he bought a Californian bungalow at Freshwater overlooking the beach for $5.4 million sight unseen and $1.3 million over the reserve.

He made headlines in August when he bought the three-level house next door – which he billed a “demolition site” at the time – for a suburb high of $14 million in order to knock it down and build a swimming pool.

Smashing records Gilchrist’s Freshwater purchase wasn’t the first time he had smashed the record books.

In March, he set a Byron Bay high of $18.85 million when he bought Wategos House opposite the boutique retreat Rae’s on Wategos from art collector and executive chairman of Dakota Capital Danny Goldberg.

The purchase not only topped the previous

$15.68 million high set by the same residence when it last traded in 2006, but was bought unencumbered.

Gilchrist’s attention has since moved 20 kilometres south to Lennox Head where his investment company Eligil owns a beachfront house bought last year for $3.8 million and has since coughed up about $3 million to buy most of the apartments in the block next door fronting Seven Mile Beach.

The beachfront house has since scored a new pool and decking, but Gilchrist’s bid to buy the only remaining apartment in the block of four has so far failed given endodontist Syd Bader is uninterested in selling his “home away from home”.

Throwing shade on the F45 duo’s home real estate is their F45 minority stakeholder Wahlberg, whose lavish French manor-style mansion is in an exclusive gated estate in Los Angeles’ Beverly Park.

It was built on a 2.4-hectare site he bought a decade ago for $US8 million and includes a main residence with a vast 2700-square-metre

floor plan, basketball court, swimming pool with waterfall, putting green and a gym, of course.

But, as the shareholders and board at F45 mull a possible float on the US stockmarket, it looks like the well-filled pockets of Gilchrist and Deutsch are set to bulge further.

And likely their property interests as well.

PETER BRAIG

Left Founder and Owner of F45 Training Rob Deutsch.

PR E ST IGE

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10 AUCTION

Saturday, 9th November 2019 10am, On Site

INSPECTIONS

By Appointment

DANIEL PERRY

LAKELAND KEY

Broadbeach Waters, QLD 4218

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Discover this sun-lit sanctuary in the elite pocket of Broadbeach Waters.

Intelligently designed, this is luxury made easy.

• Immaculate, modern masterpiece, nestled in an exclusive Broadbeach Waters location

0406 770 221 danielperry@johnreid.com.au

• Arguably one of the finest new waterfront builds you'll find on the Gold Coast

SCOTT REID

• Flawless French Oak and Tasmanian Timber touches throughout

0411 726 786 scottreid@johnreid.com.au

• 6 bed, 5 bath residence with 19.5ft ceiling in foyer on a 556m2 block + 18m water frontage

• Sunlit living + dining room, grand in size and appearance, flows to alfresco area with wide water views • Easy stroll to beaches, Pacific Fair, Star Casino and vibrant dining options of Broadbeach W W W. J O H N R E I D. CO M . AU

LIVING IN

33.8720° S, 151.230° E

ELIZABETH BAY MATT KING

A little taste of paradise by the water and so close to the CBD – Elizabeth Bay has the perfect lifestyle mix. B y K ATE FARRE LLY

YOU MAY LIKE ...

Elizabeth Bay

Bound by Sydney Harbour to the north and

Holiday at home

east, the buzz of MacLeay Street to the west

It was love at first sight for Ray White Elizabeth

Sydney 1-2/3 Elizabeth Bay Crescent

and the leafy environs of Rushcutters Bay to the

Bay agent Renee Cross the day she found her

$3.7 million

south, Elizabeth Bay is like a private sanctuary

Billyard Avenue apartment.

on the doorstep to the city, says business coach Terence-Liam Preece.

“It’s a tiny little microcosm on the way to nowhere and that’s part of its appeal,” he says.

“It’s not a through suburb.”

With its twisting, turning streets, northerly aspect over the harbour and historical value,

“You’ve got the water, the parks and then the proximity to the city. You just can’t beat it.”

Cross says she was so smitten with her Billyard Avenue apartment she didn’t have a holiday for the first three to four years she lived there.

Heritage haven

your front door?” she says.

be closer to his city office and schooling for his daughter.

“There’s a grandeur around the topography and lots of interesting architecture,” he says. He makes special mention of Elizabeth Bay House,

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says.

places to live on the planet”.

Kiama hinterland to Elizabeth Bay 16 years ago to

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I just had to be here, it took my breath away,” she

Preece describes the bay as one of “the best

Preece moved from Saddleback Mountain in the

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“It was this little nook I didn’t really know about, but when I walked into this waterfront property

“Why go anywhere when you’ve got this out “To have that water view to come home to every day is so good for you.

Auction: November 14

“People move to Elizabeth Bay for the lifestyle.

It’s more peaceful [than neighbouring Potts

Agent: Ray White Elizabeth Bay,

Point]; a little removed from the action and more

Renee Cross 0413 764 566

private.”

In a quiet cul-de-sac leading off the Loop, a

Cross says the area is popular with downsizers,

prestigious enclave on the peninsula, this ground

a colonial Regency-style residence, and now

while Preece says he bumps into people from all

floor apartment in Murrawan Court is as close to

museum and function centre, and the sandstone

walks of life.

the water as you can get, with views across the

manor Tresco, currently on the market with price

“There is such an eclectic community,” he says.

boat-studded waters of Rushcutters Bay.

“We have a diversity of ages and cultures and the

Elizabeth Bay has

ability to live your own lifestyle with no

picture-perfect views

homes in prize positions,” says Preece. “And we’re

expectations to meet a norm. If it’s good enough

and pockets of open

Open your camera and hover

so blessed here to be able to walk up to the

for David Bowie [who lived in the suburb in the

spaces from which

your phone over the app code

botanic gardens and the art gallery.”

1980s], it’s good enough for me!”

to appreciate them.

to view listing

expectations up around $50 million.

“Some of the early settlers built some beautiful

PR E ST IGE

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The Woodbridge c1825 6 Bridge St, New Norfolk. Tas. 7140 10

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A significant landmark riverfront opportunity ...

Capture the strong Tasmanian national and international tourism growth market.

Located on land size 2706m2 in the culturally, historically rich and diverse Derwent Valley region, The Woodbridge, situated on the banks of the Derwent River represents an exceptional tourism opportunity in one of Tasmania’s historic landmark properties.

Expression of interest closing Thursday December 5th 2019, at 2pm For further details, contact: Dominic Romeo 0438 500 277 dominicromeo@circaheritageandlifestyle.com.au

www.circaheritageandlifestyle.com.au PO Box 569, Sth Melb. 3205

Mount Eliza 5 Denistoun Avenue 7A 6

B 3C

Expressions of Interest Closing 4PM 14th November. Commanding Mount Eliza’s most exclusive clifftop position is this award-winning residence designed by Bird de la Coeur architects • Direct access to beach plus solar-heated infinity-edge pool

• Offering unparalleled luxury with Daveys Bay Beach and yacht club on your back doorstep

• Wall-to-wall glass, soaring ceilings and concrete feature walls

• Ample accommodation set over 46 squares with three separate wings

mcewingpartners.com

Price inspect

Expressions of Interest Saturday 11:00 - 11:30am or By Appointment

Quentin McEwing

0409 389 268

www.5denistoun.com

MoRninGton Mt Eliza

03 5975 4555 03 9787 2422

NEXT STOP 38.722° N, 9.139° W

WHAT YOU CAN BUY FOR … $27.87 million Rambling gardens are a standout feature of this palatial property on more than two hectares in Cascais, a seaside resort town just west of Lisbon. $24.5 million Be king of your own castle at a turreted palace in the upmarket suburb of Principe Real. The terracotta-hued pile has had a high-end reno. $4.59 million Mid-century style meets contemporary comfort in a Cassiano Brancodesigned villa in central Lisbon. The five-bedroom property includes a pool and lift.

LISBON

A melting pot of culture, architecture and lifestyle, Lisbon also delivers on the investment bottom-line. B y E LICIA M U RR AY

Lisbon’s most sought-after inner-city areas, that figure skyrockets to 60 per cent. A shortage of rental stock is driving up yields to 6 per cent in the city centre, Knight Frank reports.

“Lisbon, Portugal’s light-filled capital, is one

to a captivating medley of Moorish and medieval

With an influx of corporate and tourist activity,

of Europe’s most in-demand cities,” declared the

architecture, where prestige homes have been

as well as future airport and metro projects, the

international real-estate giant Knight Frank

created inside the shells of heritage buildings.

good times are predicted to keep rolling.

recently.

In a narrow street, a glamorous four-bedroom duplex in a 16th-century building offers stunning

Can Australians buy in?

delights such as riding the yellow trams up and

views over the Tagus River on one side and the

Rafael Ascenso, an agent at Porta Da Frente,

down steep hills in between sampling cinnamon-

square of Sao Pedro Tower on the other.

says Golden Visas are available for non-EU

As evidence, the agency points to tourist

laced pastries.

“Investors love it for its solid investment and development prospects, rated by financial services firm PwC as the best of any European

Timber beams and tin-glazed ceramic tiles

buyers. “Golden Visa is a very simple and flexible

provide a rustic backdrop for sumptuous

program, assuming a minimum investment of

contemporary finishes.

€500,000 [about $814,000],” he says.

Christie’s International Real Estate affiliate

A municipal tax on property transactions,

city this year,” the agency’s International property

Porta da Frenta is quoting a guide of €3.85

stamp duty and deed costs apply. “There is

digest, Insight into prime Lisbon, reports. “And

million (about $6.31 million).

a single real-estate central register, which can

residents love it for its delightful mix of history, gastronomy, traditional style and contemporary

Current market

design.”

It’s boom time. Portuguese house prices have

The historic neighbourhood of Alfama is home

risen about 25 per cent since 2013. In some of

be consulted online, ensuring it is quite easy and safe to buy a property.” christiesrealestate.com

PR E ST IGE

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Escape to an Island Beach House - close but a world away!

A short boat ride to your own private mooring brings you to the tropical oasis of South Stradbroke Island Waters. Built to the highest speciďŹ cations, this contemporary award-winning home comes furnished with many inclusions.

Heated pool and spa, 4WD to explore sand trails on the beach, 26ft Sea Ray for crabbing and ďŹ shing, and a myriad of toys for the ultimate holiday experience. Open the doors to breathtaking north-east views of your private beach and enjoy the tranquillity and serenity of your own private paradise.

www.queenslandsothebysrealty.com

5A4B2D1E 21 Casuarina Court South Stradbroke Island FOR SALE Inspect by Appointment Carol Carter 0414 760 305

Iconic ‘Hayven’, Noosa Waters A property of immense stature built to a quality expected in the finest hotels, where truly no expense has been spared and every detail has been perfected, during a construction where budget was not a limitation. While the house is expansive and grand in its scale, its design brilliance lies in the home’s very human composition within this extraordinary scale. Designed as a series of smaller areas, flowing together seamlessly to create a coherent and spectacular space, ‘Hayven’ is just as comfortable for two guests as it is 200.

It is a home that rivals some of the great 6 star resorts around the world with the 25 metre pool, accommodation for over thirty guests, commercial kitchen, caretakers quarters, two jetties, boat shed and tennis court!

www.queenslandsothebysrealty.com

13 A 11 B 4 D 1 E 32-36 The Anchorage Noosa Waters FOR SALE BY TENDER Tender Close, 4pm Dec 11 Inspect By Appointment Paul Arthur 0466 776 700 Adrian Reed 0409 446 955

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