Domain Prestige - July 07, 2021

7 JULY / 2021

PRESTIGE THE BEST IN AUSTRALIAN PROPERTY

TOP OF THE WORLD A sanc tuary in the sk y

kollosche.com.au

Waterfront Trophy Mansion In a League of Its Own

Scan to Kollosche website

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26 Hampton Court, Sovereign Islands Auction On-Site, Wednesday 7 July at 4:00pm 5

6.5

26.8m

Phone for a Private Viewing Michael Kollosche 04111 888 15 William Sarti 0416 808 454 Matt Lanyon 0402 669 933

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1,113m2*

700m2

Experience the highest standard of luxury waterfront living in this striking Sovereign Islands estate which delivers exquisite design in an exclusive private locale. ‘Bellagio’ makes a bold statement from the street where curved concrete architecture establishes an impressive presence. Expectations are exceeded inside where a newly completed renovation achieves seamless, sensual sophistication over four levels. A sleek black kitchen, spacious living and dining zones spill onto an outdoor balcony where a panoramic vista spans the Broadwater to the hinterland. An indoor leisure room complete with heated pool and a built-in BBQ kitchen is the ultimate year-round entertaining space. *approximate

kollosche.com.au

B y K ATE FARRE LLY

Ascot Brisbane 32 Sutherland Avenue 5

E MILY WATKINS

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Auction: July 17 Agent: Ray White Ascot, Matt Lancashire 0416 476 480 From the vaulted ceilings and leadlights in the Inspired by their travels all over the world, the vendors of our cover

foyer to the gracious formal living spaces with

property have created a peaceful oasis that those of us currently spending a

their original fireplaces, this 1930s home is the

lot of time of our homes would be envious of. Set on a plot of land with

very essence of an upmarket Queenslander. Set

enviable views in Tasmania’s picturesque Tamar Valley, they designed their

on a huge 3035-square-metre block with pool

secluded dream home by drawing on their memories and mementoes of

and floodlit tennis court, the property is only

their extensive global travels. I can think of worse places to bunker down

300 metres from the cafes and restaurants of

than in this worldly and beautiful home in such a spectacular setting.

Racecourse Road.

Elsewhere in this edition, we turn our eye to some striking and modern homewares collaborations with Indigenous artists in Design Digest, explore outdoorsy Wentworth Falls in the Blue Mountains in LIving In, and find out what green energy means for investors in the communities around new generation sites in this week’s The Property Investor.

Acting editor: Emily Watkins emily.watkins@domain. com.au Editorial producer: Paige Tonna Group picture editor: Vashti Newcomb Senior designer: Colleen Chin Quan Graphic designer: Emma Staughton National managing editor: Alice Stolz Group director, Consumer: Jason Chuck Chief executive officer: Jason Pellegrino

HOT PROPERTY MARTINA GEMMOLA

DESIGN DIGEST First Nations storytelling

COVER STORY 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

A Tassie sanctuary for all seasons

Digital edition Visit domain.com.au/ digitaledition

DOBE

APARTMENT LIFE Melbourne luxury O U R COVE R 203 Rosevears Drive, Rosevears.

LIVING IN Wentworth Falls

Listed by Bushby

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Property

THE PROPERTY INVESTOR

PAG E 8

Going green

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Paddington Sydney 11 Stephen Street $7 million

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Auction: July 31 Agent: The Agency Eastern Suburbs, Ben Collier 0414 646 476 This newly built, Geoform Architects-designed house punches well above its weight on a 230-square-metre block close to Five Ways and the harbour foreshore. Featuring soaring ceilings and large expanses of glass, it comes with a pool and double car stacker.

Moorooduc Mornington Peninsula 136 Graydens Road $11 million-$12 million

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Point Lookout Stradbroke Island 9 Yarrong Road 5

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Expressions of interest: Close July 21

Auction: July 23

Agent: RT Edgar Flinders, Samantha Moffatt 0431 702 838

Agent: Ray White North Stradbroke Island,

This established accommodation and event venue could be a grand

Chris Ransley 0402 207 099

residence for your family: the choice is yours at Woodman Estate, a

A Master Builders award-winner, Copper House is

property of more than 20 hectares with a stunning, five-bedroom Victorian

a unique residence designed by Donovan Hill to

manor, three chalets, a four-bedroom guest house and a tennis court.

maximise light, views and cross-ventilation.

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Coastal

T Trigg

What we love

What to know

Who to talk to

11 King Albert Road

One-in-a-million block, first time

Set Date Sale.

elevated, positioned on one of the most iconic locations with potential 180-degree panoramic ocean views never to be built out. Located just

Inspect Saturday & Sunday 11:00-11:45am

Sean & Jenny Hughes 0402 453 899 Oliver Hess 0478 844 311 hughesgroup@realmark.com.au

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Shortlist and share your favourite properties Tap the star to save properties you love, and invite someone to shortlist with you.

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Realmark Coastal 9203 0777 coastal.realmark.com.au

DESIGN DIGEST

Storytelling designs The art of our First Nations people takes modern forms in these meaningful collaborations. C o m p i l e d b y PAU LIN E M O RRIS SE Y COLOURFUL LINES Celebrating the work of one of Australia’s most important Indigenous artists, Minnie Pwerle, the Atnwengerrp Collection features her vivid use of line and colour, transformed into high-quality rugs in hand-tufted New Zealand wool, manufactured

by Designer Rugs. designerrugs.com.au

MARTINA GEMMOLA

MUTED BEAUTY Offering a curated collection of wallpapers and fabrics, textiles brand Willie Weston highlights the diverse works of First Nations artists, partnering with Indigenous-owned art centres across remote Australia to produce contemporary and versatile prints in soft pastels and neutral shades, challenging preconceptions of Indigenous design. willieweston.com

LIGHT & BRIGHT

BEDTIME STORIES Babbarra Women’s Centre, one of only a few

A creative

Indigenous textile-producing art centres, has teamed up with Kip&Co to

collaboration between

produce a contemporary homeware collection telling the ancestral stories

the Tjanpi Desert

of Arnhem Land countries and cultures. kipandco.com.au

Weavers, a social enterprise of the NPY Women’s Council, and Koskela has resulted in the Tili Wiru lighting range, a colourful collection of pendants using native grasses, raffia and handmade beads. With artistic freedom given entirely to the Tjanpi weavers, each shade is beautifully unique. koskela.com.au

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Grand valley vision COVER STORY

Inspired by the crescent shape of desert sand dunes, a welltravelled couple set out to build their forever home in Tasmania.

B y PAU L B E S T

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t’s a project worthy of an episode of the TV series Grand Designs. A young couple, having worked and travelled extensively overseas for several years in the 1970s, return to Australia set on building their dream abode.

They bring home with them a scrapbook they’ve compiled – crammed with ideas and photographs from the places they’ve been, including Papua New Guinea, various southeast Asian countries and the United States – for the bespoke house they imagine for themselves “now and into the future”.

The couple, working in education, stumble on a lush, green bush eyrie with seriously enviable

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bucolic views overlooking Tasmania’s Tamar River, a short 20-minute scenic scoot north of Launceston.

Having secured an untouched 4.9-hectare block overgrown with blackberries and hawthorn, they build a multilevel, U-shaped house, seemingly growing organically out of a grassy knoll, in three stages over the next 20 years, from 1985 to 2006.

Arguably, it’s worth a second episode. Cue host Kevin McCloud. “We were working hard and needed a place to get away,” they say.

“A sanctuary.”

While the owners enlisted the help of

architect-builder Peter Greiner, who assisted them with the technical side – fiddly things like volumes, proportion and dimensions – the modern design was completely that of the owners, one of whom gave up work to manage the project.

Most spectacular (and challenging) was their bold idea of twin opposing curves, emerging from the earth to form a rough parabola.

As geographers, the couple was inspired by barchans, the crescent-shaped desert sand dunes.

They also dug into their little scrapbook for inspiration. “We gave our design to the architect

YOUR AGENT Andrew Macdonald, Bushby Property

“Hidden away in the Tamar Valley, this one-of-a-kind gem, sitting in gorgeous landscaped grounds, boasts unrivalled panoramic views. For the owners … it’s been an absolute labour of love.”

to make it work,” they say, adding whimsically: “It needed skyhooks.”

Dubbed Sky Island for its elevation and isolation, the residence was also designed to fit what they call “the seasons of our life” – their habits, likes and dislikes, and the practical side of everyday living.

This resulted in big, breezy rooms and floorto-ceiling glazing that captures the panorama of wide-open skies, the meandering, boat-filled waterway, a heritage church, native forest and landscaped gardens.

The house also features a main bedroom – with a spacious walk-in wardrobe and en suite incorporating a bay-window spa bath – a gym and laundry, as well as a huge living room with raised dining platform, all curved around a calming, Japanese-styled courtyard garden.

Another highlight is the chandelier the couple handcrafted from capiz shells they brought back

from the Philippines. It hangs through the centre of a spiral staircase – which they also made, inspired by a Singapore hotel – which leads to an upstairs loft-like studio/home office.

The lower level is the final stage of their build: double garage, cellar and self-contained flat, sitting under a north-facing deck.

It’s not only the house that astounds. The couple has spent years landscaping the property, creating flower, vegetable and rock gardens, fruit and nut orchards and fishponds. They also run miniature horses and previously had sheep and goats.

But they stress the place still promises much more. Surrounded by vineyards, the property is ideal for planting your own. Or build the gazebo they never got to, halfway down the hill.

“It’s been marvellous but each season needs different things,” they say. “There’s still a lot of directions new owners can take.”

Rosevears Tasmania 203 Rosevears Drive $1.7 million+

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Private sale Agent: Bushby Property, Andrew Macdonald 0409 368 151

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

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APARTMENT LIFE

B y K ATE J O N E S

17 SPRING STREET 17 Spring Street, Melbourne Architect: Bates Smart Developer: Cbus Property Interior designer: Bates Smart Landscape architect and garden designer: Paul Bangay Number of apartments: 74 – 17 two-bed; 34 three-bed; 15 half floors; seven whole floors; and one penthouse.

Internal sizes (sqm): Two-bed 105-160; threebed 134-245; half floor 134-298; whole floor 411-441, penthouse 468 Exterior (sqm): Two-bed 9-51; three-bed 16-30;

A new Melbourne icon rises

half floor 25-36; whole floor 42-282; penthouse 240 Prices: Two-bed (sold out); three-bed from $4.75 million; half floors from $6.65m; full-floor price on request.

Car spaces: Available three-beds and half-

The luxury apartment tower at 17 Spring Street sits among the city’s best-known buildings and in the heart of the action.

floors have two car spaces; full-floor has four car spaces.

Completion estimated: End of 2022 Agent: Colliers, Sam Nathan 0407 552 922, Nancy Monitto 0403 139 430 Open: Display suite at 1 Collins St open by private appointment

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he street synonymous with Victoria’s Parliament and some of Melbourne’s most esteemed architecture is welcoming a new iconic building to its fold.

Construction has started on 17 Spring Street, a 36-level luxury tower replacing the Mercure Hotel near the corner of Flinders Street.

Apartments at the upscale project were snapped up shortly after the 2019 launch, with just four remaining on the market. One of those still up for grabs is possibly the most exquisite.

Located on level 10, the garden residence by Paul Bangay is a full-floor apartment with 441 square metres of internal space and a 282-square-metre terrace. Bangay is an acclaimed garden designer and has curated a tranquil green space highlighted by planters, hedging and overhead foliage.

The home features four bedrooms and four bathrooms, high ceilings, a large entrance hall, a fireplace and an open-plan kitchen, living and dining area.

Of the other remaining apartments on the market, one is another full-floor residence at level 31, and there are two apartments at level 29. Their prices start at $4.75 million.

With construction moving swiftly and expected to finish by the second half of 2022, Adrian Pozzo, chief executive of developer Cbus Property, says there’s a limited window of opportunity for interested buyers.

“Construction has started, and we’re already up to level eight,” he says.

“Our pricing for the two-bedders started at $1.9 million, and they flew out the door. So, my advice is to get in quickly because they’re a bargain, and there’s not much left on Spring Street to develop.”

All up, buyers of 17 Spring Street’s 74 apartments can expect a lifestyle set next to Melbourne’s most prestigious heritage buildings and close to the best the city has to offer.

Designed by architects and interior designers at Bates Smart, 17 Spring Street takes full advantage of its top-of-town location. All

S PECI A L F E AT UR E

apartments have an enviable view across Treasury Gardens and Fitzroy Gardens.

Melbourne’s most beloved landmarks are all within walking distance, including the MCG, the Yarra River and Melbourne Park. Not only does its position make it an ideal home for sports fans, but also foodies and theatre-goers.

Some of Melbourne’s most famed restaurants – among them institutions such as The European and the Melbourne Supper Club – plus the Regent, Comedy and Princess theatres are all less than a 10-minute walk away.

Parliament station is also within walking distance, and there are multiple tram routes on Flinders and Spring streets, making it easy to access all corners of the CBD. There’s also plenty on offer for those nights in.

All residents will have access to a 25-metre lap pool, a gym, a residents’ lounge, a dining room and a wine cellar with a tasting room that is linked to a landscaped outdoor terrace.

But what really set the tone for these high-end amenities are the sumptuous lobby and porte

cochere. Architects studied some of Melbourne’s most esteemed palazzo stone-faced buildings to design the entrance to the buildings. The result is a grand entrance gracing the corner of Throssell Lane and Spring Street.

The lane has also been used for the porte cochere, giving visitors to the development an impressive sense of arrival.

Design highlights within the apartments are equally stately. They feature parquetry oak flooring, custom-designed door hardware and tapware, and granite kitchen benchtops.

Buyers can also pick and choose from three colour schemes, which include timbers, lacquers, stones and carpet colours.

All in all, 17 Spring Street is an address that lovers of all things Melbourne would be proud to call their home.

Residents of 17 Spring Street can expect stately design highlights and access to amenities such as a lap pool, a gym, a shared lounge and a dining room.

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

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There’s no home like a snow home...

5 SKYLINE TERRACE MOUNT HOTHAM 4

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Enquire Now

Exceptional in Finish and Design, Unrivalled on Location This brand-new free-standing freehold four-bedroom chalet has been designed from the ground up for the family that demands the space to entertain and enjoys the company of friends while on holiday at Australia’s premier mountain.

Private Sale Viewing By Appointment

John Castran 0411 502 424 john@castran.com.au

Lachlan Castran 0475 000 888 lachlan@castran.com.au

www.castran.com.au

LIVING IN

33.72° S, 150.37° E

WENTWORTH FALLS

This ‘great little village’ in the Blue Mountains offers magnificent scenery and a healthy, outdoors lifestyle. B y K ATE FARRE LLY Stewart Robinson spent his teens in the Blue

COVID tree changers. “Both of our companies

Mountains and says once he reached adulthood

were quite flexible with us working from home,”

“he couldn’t get out of here fast enough”. He

says Bart.

returned in 1997, and it’s Sydney he avoids now.

He initially lived in Katoomba but bought a

when they made the decision to leave city life behind they spent six months exploring. They

community – we’ve all got each other’s numbers, reminds me of Sydney when I was a child, where

“There are paddle boards and kayaks on the lake

everyone knew each other and you talked over

[and] water holes for swimming,” Jelena says.

Stewart is the owner of the iconic Silk’s Brasserie,

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after discovering the lake on its north side.

The great outdoors

New beginnings

$3 million

gravitated towards Wentworth Falls, especially

we leave notes in the letter boxes if we’re away. It

the fence.”

Blue Mountains 21 & 23 Fitzgerald Street

The couple were regular visitors to the

partner, Paul.

“We’re very happy here, it’s a great little village

Wentworth Falls

mountains and were married in Blackheath, so

house in Wentworth Falls two years ago with his

to live in,” Stewart says. “There’s a real sense of

YOU MAY LIKE ...

The couple are keen bushwalkers, and their favourite walks in the area include National Pass and the Valley of the Waters track.

McGrath Blue Mountains agent Matthew Gale

which operated from Leura Mall for more than 25

has lived in Wentworth Falls his whole life and

For sale: By negotiation

years before relocating to Silvermere Guest

says the town is great for “outdoorsy” people,

Agent: McGrath Blue Mountains,

House in Wentworth Falls last year.

with the lake, a golf course and a host of

Matthew Gale 0404 463 636

bushwalks, from easy to challenging.

This offering of two titles and two homes is set

The charming house and gardens have proven the perfect setting for Silk’s sophisticated food

He says it also offers just enough amenity for

within walking distance of the Conservation Hut,

and service, and Stewart has the “wonderful

daily convenience while still maintaining the

bushwalks and world-class views. The larger

problem” of regularly turning away diners due to

“peace and quiet” the locals love.

residence is wrapped in beautiful gardens.

having a full house.

Locals Jelena and Bart Biazik secured a booking earlier this year and agree it’s the perfect restaurant for a special occasion.

The Biaziks moved from Sydney’s Newington to Wentworth Falls in January, a classic case of

“We do the bulk of our shopping in Wentworth Falls – there’s a great butcher and great general

Pretty as picture: there

stores,” Matthew says.

are many character homes in Wentworth

Hover your camera over the

Schwarz, Mountain High Pies and Cafe Aliment,

Falls, like this one in

code to see Domain listings

and Gale adds Il Postino’s.

Fitzgerald Street.

in Wentworth Falls

The Biaziks are fans of Bakery Patisserie

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THE PROPERTY INVESTOR

YELLOWSARAH

Should your money follow the green?

Areas with renewable energy generators might not be attracting investment, but green buildings are. B y SU E WILLIAMS

T

Wind farms tend not to attract investment to nearby towns in the way fossil fuels do.

here may be continuing rows over the efficacy of renewable energy versus fossil fuels, but there is one certainty in the commotion: areas with wind farms, solar plants and hydropower stations will rarely be sexy enough to attract property investors.

Traditionally, the discovery of new reserves of gas, the opening of new mines, or the reopening of old ones drives investment into homes and businesses nearby in anticipation of big workforces set to arrive. But the announcement of new green energy infrastructure?

“That doesn’t tend to do much at all for an area,” says Smarter Property Investing principal Christine Williams. “If you think about South Gippsland in Victoria, the owners of the land on which the wind farms are placed receive substantial leasing fees, but the townships nearby don’t receive much.

“They might grow a little because of the maintenance people needed to look after the equipment, but once the renewable plants are up, they don’t require much labour at all.

It’s like the Sydney Harbour Bridge; it needed a huge labour force to build it, and then you only

have maintenance people looking after it.”

The constant spats over renewables on the macro stage do, however, focus attention on the sector and then towards the other kinds of micro-investments possible. As a result, those who believe the future is green are moving to invest in individual energy-efficient buildings instead.

“There is a move towards this focus on the renewable energy green space.”

Green Building Council of Australia CEO Davina Rooney says investment in such buildings is now becoming a marked trend.

“We are seeing a huge difference in investment drivers as property leans into net-zero buildings, which means that there is a lot

smaller market for gas as these are highly efficient buildings powered by renewables,” she says.

“One building only makes a small difference, but when property moves at scale, it changes the market as buildings comprise over 50 per cent of electricity usage in Australia.”

In parallel, many investors in the residential market favour more energy-efficient houses, knowing that tenants are now seeing clear benefits in terms of lower power bills, often better-designed, more comfortable homes and being more environmentally responsible.

“The financial benefits are more tangible now,” says Michael Di Russo, director and joint head of property at the Clean Energy Finance Corporation. “Investors understand that, and, if customer demand is there, then they will follow.

“In addition, we’re seeing some of the banks now creating new lending frameworks around green mortgages, offering discounts on the variable rate if houses are built to a certain standard for both new homes and work done on existing homes to make them more efficient.”

Alternatively, other investors are looking more to ethical, green-powered products via managed funds. “There is a move towards this focus on the renewable energy green space,” says property valuer and investment adviser Anna Porter, the founder of Suburbanite.

“But I do think with renewable energy that perhaps not enough investors are sophisticated enough – yet – to see an opportunity there.”

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Otway Lounge Chair by Kett

Illum Table, Bench & Armchairs by Tribu

Johanna Occasional Chair, Otway Sofa & Coffee Tables by Kett

Mood Sofa, Mood Clubchair, Loft Rug, Nomad Ottoman & Accessories by Tribu

Rilly Cocoon Chair by Dedon

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