Domain Prestige - February 14, 2024

14 FEBRUARY / 2024

PRESTIGE THE BEST IN AUSTRALIAN PROPERTY

SWEET SERENITY Sit back and take it all in

B y K ATE FARRE LLY

Noosa Heads Sunshine Coast 43 Witta Circle $36 million-$38 million J OSE PHIN E H U YN H

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Private sale Agent: Century 21 Conolly Hay Group, David Conolly 0438 259 956 Are you guilty of being caught in a suburb bubble? That is, when the

There’s been a flurry of global interest in this

weekend hits, do you find no reason to venture further than your own local

Tim Ditchfield-designed waterfront home which

area? I’m guilty of this with many options of cafes, restaurants, Pilates

claims the best position on Noosa Sound, says

studios and markets – along with lots of friendly familiar faces – a mere

agent David Conolly. Fully furnished and with

stroll up the road. And it seems I’m not alone. In our Living In column this

lift access across its three levels, the turnkey

week, we look at a Sydney waterfront suburb where resident and agent

residence is 700 metres from Hastings Street

Claudia Portale says, “It’s like its own tranquil bubble with everything you

and comes with a 25-metre lap pool, an office,

need — it’s easy to see why residents never want to leave and why so many

a music room and a gym.

aspire to call it home.” There is also plenty of design inspiration in our Yellowtrace feature, which this week showcases an apartment in a warehouse conversion that has undergone a comprehensive transformation in which history and heritage meets modern-day art.

O U R COVE R 1320 Nanarup Road, Nanarup Listed by Bellcourt Property Group PAG E 3

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

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HOT PROPERTY

PABLO VEIGA

DESIGN DIGEST Love is in the air

YELLOWTRACE Artful apartment living

LIVING IN A waterfront darling

THE PROPERTY INVESTOR Make money on your money

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Nanarup Albany 1320 Nanarup Road $22 million+

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Expressions of interest Agent: Bellcourt Property Group, Nick Wallace 0409 295 914 with Garland International, John Garland 0418 923 347 Maitraya is a 268-hectare retreat with magnificent views over the Southern Ocean and nearby mountains. Long operating as a popular luxury getaway, it comes complete with an indoor pool, tennis court and private beaches.

Hawthorn East

Mosman

Melbourne 35 Harcourt Street

Sydney 50 Bay Street

$20 million-$22 million

$11.5 million-$12.5 million

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Expressions of interest: Close 5pm, February 27

Auction: 11.30am, February 24

Agent: Kay & Burton Stonnington, Sam Wilkinson 0400 169 148

Agent: Atlas Lower North Shore,

Built c1882 and wrapped in flourishing Paul Bangay gardens, Charlton

Adrian Bridges 0414 616 101

was designed by renowned boomtime architect John Beswicke. A 2010

There’s direct access to the waterfront reserve

restoration and renovation saw many Victorian details retained while

from this architect-designed house a short drive

introducing energy efficiency and high-tech connectivity.

from Balmoral Beach and the Military Road shops.

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YOUR INVITATION TO EXPERIENCE EXTRAORDINARY RETIREMENT LIVING. Located in prestigious Elizabeth Bay, Ardency Trebartha enjoys the convenience and choice of being close to everything. Welcome to an extraordinary address.

Visit ardency.com.au | Call us on 1800 550 550 Photographs are for illustrative purposes only. Published by Keyton RL Realty (NSW) Pty Ltd ABN 27 138 535 823. Printed in February 2024.

DESIGN DIGEST

Love at first sight Sprinkle a bit of romance around the home with these sweet, elegant and dreamy finds. C o m p i l e d b y PAU LIN E M O RRIS SE Y SWEET AND SCALLOPED HAY’s popular Arcs series has been expanded with the Arcs Trolley and the Arcs Mirror, designed by Belgian duo Muller Van Severen. Pretty and playful, they showcase the collection’s signature scalloped edges. cultdesign.com.au

BELOVED BEDDING Sweeten the bedroom with Bed Thread’s fully customisable Bedding Bundle. It invites sleepers to personalise their sanctuary with pure French flax linen in 23 vibrant hues. Mixing and matching is encouraged. bedthreads.com.au

COCKTAIL HOUR

RESIN ROMANCE Fresh roses will feel right at home in Dinosaur Designs’ eye-catching Skipping

Whether you love a

Stone Vase, crafted from refined resin and displaying a smooth, organic form. The vase is available in

martini or a negroni,

multiple sizes and romantic hues like flamingo, coral pop and rose swirl. dinosaurdesigns.com.au

sipping cocktails becomes even more delightful with FAZEEK’s Striped Coupe Glasses.

Featuring a classic shape paired with a unique striped stem, these glasses come in pairs. fazeek.com.au

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YELLOWTRACE

b y DANA TO MIC H U G H E S

COURTESY OF JONES

PABLO VEIGA

Watertower’s creative resurgence

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n 1985, Sydney mayor Clover Moore inaugurated one of the city’s earliest warehouse-to-apartment conversions – the 1903 McMurtrie’s Shoe Factory, which made army boots and general footwear.

The Redfern apartment retained the historical attributes of its industrial era – including high ceilings and robust hardwood columns and beams – whose prominence had been diminished by prior alterations.

Studio Noakes guided the revival of the Watertower loft apartment with skilled hands and a creative vision that brought forth a space where history, art and modern living converge.

Studio Noakes’ involvement was serendipitous, says principal Genine Noakes: “The job was referred to our studio by an old friend.”

The client, having endured a dark environment during the pandemic, sought a sanctuary where history intertwined seamlessly with contemporary aesthetics.

Studio Noakes embarked on a comprehensive renovation, paying meticulous attention to detail and embracing the vibrant atmosphere of the inner-city hub. Its objective was not only to unveil the apartment’s rich history but also to infuse the space with the creative disposition of their client – a young artist.

Grounded in renovating existing properties, the practice preserved the apartment’s existing characteristics and historical elements while incorporating them into a new chapter. This approach aligns with their philosophy and commitment to reducing waste and unnecessary expenses, valuing past craftsmanship and continuing the story for younger generations.

“The fusion of new, natural, vintage and iconic pieces reflects a delightful chaos that harmonises perfectly with the young artist residing here,” Noakes says.

The building’s heritage elements – high ceilings and robust hardwood columns and beams meticulously restored to their former

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glory – stand proud amid a vibrant infusion of colour, expansive forms, and textured spaces.

The new design serves as a striking backdrop for showcasing the client’s dynamic collection of artworks from emerging local talents.

Noakes emphasises the importance of art in the design response. “We installed art hanging tracks throughout the whole apartment so that the client could change pieces and arrangements when she wished for a change,” she says.

Studio Noakes’ commitment to minimising waste shines through in its approach to custom craftsmanship. The team designed several bespoke pieces, including a marble dining table and a long, low-lying living room console.

“Part of our philosophy is to reuse where possible and limit waste,” Noakes says.

Materials were chosen for functionality and aesthetic appeal, such as spotted gum timber for joinery and the soft blue kitchen and library.

Lighting also played a pivotal role in creating a dynamic canvas. “We consider light fittings to be sculptural pieces of art in their own right, ” Noakes explains.

When asked about her proudest achievement in the project, Noakes emphasised the team’s ability to embrace the property’s history and incorporate it into the new fit-out.

“We didn’t cover the raw elements; we played them up and incorporated them into the mix,” she says proudly.

“The fusion of new, natural, vintage and iconic pieces reflects a delightful chaos that harmonises perfectly with the young artist residing here.”

yellowtrace.com.au

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New Year, a new luxurious Brisbane riverfront home

5 8 PA R KS I D E C I R C U I T, H A M I LTO N

PALATIAL 3 LEVEL RESIDENCE NOW SELLING Presenting a rare opportunity to live an extraordinary riverfront life in Hamilton – a prestigious waterfront suburb, located just 6km from the Brisbane CBD. Characterised by an acclaimed location and architectural excellence, this showpiece residence combines with the finest expression of contemporary luxury, including timber floors, ultra high ceilings, generously proportioned living spaces, statement lighting and a cleverly incorporated purpose-designed study.

Life here is perfectly private yet truly connected. It’s a short stroll to cafés, cinemas and shops, a CityCat ride to theatres and restaurants, and the airport is mere minutes away. Idyllic living for the privileged few, in the most coveted riverfront neighbourhood.

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MPR + STUDY

POOL

LIFT

484sqm

$4,500,000 FPR0053C

FOR ALL THE DETAILS AND TO GET A TRUE SENSE OF THIS EXTRAORDINARY HOME, SCAN THE QR CODE AND VIEW THE PRIVATE WALKTHROUGH VIDEO. CECILYNNE JURSS 0417 647 591 | RIVERSREACH.COM.AU | 13 38 38

LIVING IN

33.8246° S, 151.2410° E

MOSMAN VAIDA SAVICKAITE

It’s close to the city, yet the Mosman lifestyle is all about making memories at the beaches and eateries. B y PAU LIN E M O RRIS SE Y Australia’s affinity for waterside living reaches

YOU MAY LIKE ...

Mosman

“The older I get and the more I travel, the more

its pinnacle in Mosman. Bordered by water on

I become convinced that Mosman is the best

Sydney 18 Esther Road

three sides, this affluent harbourside haven is

place to live,” Portale says. “It’s like its own

$16 million

home to quaint beaches and coves, with scenery

tranquil bubble with everything you need —

that would make a postcard blush.

it’s easy to see why residents never want to

Families gravitate towards the gentle waters of Chowder Bay, while those seeking solitude head to Chinamans Beach, a quieter nook compared

A slice of France

to the often busy Balmoral Beach.

The cafe culture flourishes here, enriched by

Local homes are spoilt by a wide range of eateries with a side serving of water views, making the suburb all the more worthy of its hefty price tag.

Picture-perfect postcode

Couple Alena and Pierre Rayrolles are behind two renowned local eateries that contribute to this cosmopolitan charm.

“Having managed cafes and bistros in France, I longed to bring a piece of Paris to Mosman,” Alena says. “This dream materialised with

of pretentiousness.

Frenchy’s Cafe and, later, L’Heritage.

“They cherish and pass down memories of a childhood spent among beaches, parks,

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harbour.

Mosman is a wealthy yet relaxed suburb, devoid

here,” she says.

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European influences and the ever- present

The Agency North partner Claudia Portale says

“Residents often have deep generational roots

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leave and why so many aspire to call it home.”

Expressions of interest Agent: The Agency North,

“[They are] designed to give diners the feeling of stepping into a restaurant in Paris, despite the

Claudia Portale 0435 770 050

giveaway of the stunning harbour views.”

Flaunting Corben Architects’ design brilliance,

As a local business owner and a mother with

this refined residence, mere footsteps from

prestigious schools and Taronga Zoo, all within

children in the local school, Alena’s life is deeply

Balmoral Beach, has grand living and dining

a stone’s throw of the city centre, accessible via

woven into the fabric of Mosman’s community.

zones adorned with a gourmet marble kitchen.

the Sydney Harbour Bridge or ferry.”

Mosman’s enduring desirability is shown in the latest Domain House Price Report, which puts the

“I adore living here for its wonderful sense of belonging, offering a life that’s both wonderful

Mosman is virtually

and grounded,” she says.

surrounded by water, with several beaches

Hover your camera over the

a growth of 5.8 per cent year-on-year and 33.2

made Mosman their home. [It’s] a suburb worth

and many absolute

code to see Domain listings

per cent over five years.

making a lifelong commitment to.”

waterfront homes.

in Mosman

suburb’s median house price at $5.013 million –

“This sentiment is shared by many who’ve

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THREE GRAND BUILDINGS. ONE GRAND ADDRESS. A master planned residential address like no other. Poised at the edge of the city and on the fringe of the Parliamentary Triangle and Lake Burley Griffin, comes The Grande.

This visionary and innovative collection of 332 residences redefines inner-city living with a stunning master plan and amenity that ticks all the boxes. Take your pick from a selection of 1, 2 and 3 bedroom contemporary apartments, sprawling across eight level and three buildings.

Designed to pay homage to its exceptional location, each residence harnesses strategic viewpoints that connect residents to the bustling cityscape, allowing them to embrace a seamless indoor-outdoor living experience.

A GRAND LIFE ESTY Y L E, NO OW SELL LING G ROM M $544,900.00 FR thegrandecanberra.com.au

THE PROPERTY INVESTOR

GETTY

What to do in-between investments Changes to deposit interest rates have opened up the options for investors moving from one property to their next big plunge.

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When the investment pay day arrives the next challenge is deciding where to “park” the capital.

ou’ve just sold an investment property for a tidy profit and now you have a big windfall coming your way.

It’s a nice problem, but what should you do with that money?

Most serious investors will be already looking out for the next property to buy but, in the months before they find that golden goose, it’s wise to “make bank” with those proceeds.

“The answer would be to put that money in a term deposit with a bank,” advises Marisa Broome, principal of wealthadvice and chair of the Financial Planning Association of Australia.

“You don’t have the time frame for much else, apart from perhaps a bonus saver account where you put in a regular sum of money every month – say, $100,000 – and receive a bonus for that as an incentive to keep saving.”

The Commonwealth Bank, for instance, offers a term deposit of one to six months, or another of one to three months that can be rolled over.

It also offers the GoalSaver, a regular savings account with a variable bonus interest rate for

a monthly payment, and the NetBank Saver, which offers a higher rate – currently 5.1 per cent – for the first three or five months.

SmartMoney Wealth Management co-founder Peter Kaleski recommends lodging the money with a bank.

“You never know how long it might take to find your next property.”

“It does sound a bit boring, but sometimes boring is good when it comes to money,” he says.

“You never know how long it might take to find your next property; it could be months or weeks.

“So, it’s best not to tie that money up for too long, and a simple online savings account these days can earn you upwards of 5 per cent,

whereas it was only 2 per cent a couple of years ago.

“It means you can earn money and call on the funds when you need [them].”

Kaleski says another option if you have debts is to use part of the proceeds from the initial sale to pay down those debts or offset them.

That could make good sense, especially if they’re debts, such as credit cards, that pay a high rate of interest.

Alternatively, the money could be used to offset the investor’s own mortgage, suggests property investment specialist John Pidgeon, author of the new book Sort Your Property Out & Build Your Future.

This could save you about 6 per cent daily at the moment.

“Then there’s a term deposit, but you have to make sure it’s not for too long, so you can take out the money if you find another property to buy early,” Pidgeon says.

“But whatever you do, you need to make sure you don’t put it into your regular account and fritter it away on lifestyle expenses.

“I’ve seen plenty of wealthy people wasting a lot of money!”

Most importantly of all, let it buy you time to find another property that will prove an excellent investment.

“That means a good location for long-term growth, a type of property – which 90 per cent of the time is a house and land – at a reasonable price point with an excellent yield,” he says.

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Strangways Terrace Icon

Luxury Living Over Four Levels & Unmatched City Views 65 STRANGWAYS TERRACE, NORTH ADELAIDE | 3-5 BED | 4.5 BATH | 6 CAR The epitome of refined luxury and elegance, this meticulously designed, award-winning residence blends contemporary architecture with state-of-the-art technology.

The “twisted cube” architectural style home spans an impressive 730sqm approx. over four floors and features sumptuous finishes from the exquisite Jarrah floors, Makore joinery to the sandstone exterior features. The Crestron and C-Bus management system offers unparalleled control over lighting and energy management.

The residence includes, 3-5 bedrooms, 4.5 bathrooms and 6 car basement garaging, and is host to Adelaide’s most impressive city and golf course views.

From the grand drawing room to the theatre room overlooking the 15m heated lap pool, the spaces are expansive but surprisingly intimate. More impressively, the master suite on the first floor is suspended amongst the treetops, with an opulent ensuite featuring a sunken spa. This level also features the first of two home offices or another bedroom.

Continuing upstairs via the staircase or spacious lift, the second floor boasts a magnificent second home office. If a second home office is superfluous to your needs, this is the perfect sanctuary for grandparents or a young adult needing their private own space.

Besides plenty of room for a bed and sitting area, there is an ensuite, well-equipped kitchenette and a spacious private terrace with breathtaking views – all providing the perfect self-contained sanctuary.

Downstairs in the basement is a magnificent and spacious wine cellar featuring custom Bordex wine racks for over 2,500 bottles with room for plenty more.

PRICE GUIDE Contact Agent INSPECTION

By Private Appointment AGENT TAARNBY™ Tayla Taarnby 0428 329 881 tayla@taarnby.com.au RLA 316352

The attention to detail and sheer quality of the home is unmistakable and so is the World Class lifestyle offered by North Adelaide.

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SUNSHINE COAST – ‘AINSLIE ON ANNING’

5 Bed | 4 Bath | 4 Car | 7,073m2

74 ANNING ROAD, FOREST GLEN Schampers Developments’ latest LA-inspired creation showcases coastal Californian design & resort-style family living. Discover bespoke finishes, gourmet Miele & Liebherr kitchen, vaulted 4.2m ceilings, stone fireplace & seamlessly connected living zones. There is space for as many as four vehicles in addition to a caravan & boat hardstand. A separate professional office allows seamless work & play with this 6,000m² garden paradise. A selection of private & public schools, university, hospitals, boutique gourmet eateries and the Coast’s finest beaches showcase Buderim’s demand.

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• Enjoy sunrises and sunsets against nature backdrop

Price: Expression of Interest Closing Monday, March 4 at 12 noon

• Generous proportions & connected alfresco living zones

Inspect: By appointment

• Custom furnishings complete the purchase package

• 7.1m x 2.9m airconditioned office adjoining carport with separate powder room & entry • Separate & exclusive entry self-contained guest suite with laundry/ensuite bedroom

Danny Redman 0418 731 588 Luis Tomarchio 0418 731 589

• 20 minutes from Sunshine Coast Airport and one hour to Brisbane International Airport

Office: 07 5445 2844 www.kenguybuderim.com.au

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