Cronulla

Sutherland Shire builders, D.velop.R, has commenced construction on the $43.8 million Cronulla development, Callista.

Developed by the multi-award winning Fiducia Property Group, Callista will comprise 12 Mediterranean-inspired residences in two, three, and four-bedroom configurations, all with direct beach access, landscaped gardens, and private courtyards.

<a data-entity-type="file" data-entity-uuid="d1a5a619-e7af-470e-94d9-a111508c28ad" href="https://www.urban.com.au/new-apartments/callista"><img alt="Render of the Cronulla project, Callista" data-entity-type="file" data-entity-uuid="d1a5a619-e7af-470e-94d9-a111508c28ad" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/LAANSTUDIOS_LOBBY%20ENTRANCE_FINAL2500%20V1.jpg?VersionId=_witZCSCxq8T67f6BBW5zC4OoRCH6ZHs" /></a>Render of the Cronulla beachside development, Callista.

With early works and demolition underway at 14 Roker Street, Callista will deliver the epitome of classic coastal luxury, with the project expected to come out of the ground in 2024.

Highland CEO, David Highland said the company is pleased to witness Callista move into the construction phase.

“The project has been well received by prospective buyers, with enticement surrounding the picturesque location and design of the proposed plans," Highland said.

“Despite recent interest rate rises putting pressure on housing prices and mortgage availability, we remain very positive on the Southern Shire apartment market, particularly for strong developers like Fiducia.”

<a data-entity-type="file" data-entity-uuid="22d7ddc9-31b1-48ff-8a82-2474c3d3873c" href="https://www.urban.com.au/new-apartments/callista"><img alt="Render of the Cronulla beachside development, Callista." data-entity-type="file" data-entity-uuid="22d7ddc9-31b1-48ff-8a82-2474c3d3873c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/LAANSTUDIOS_COMMUNAL%20AREA_FINAL5000.jpg?VersionId=9dJ4vcmMougkHQzxapktsN9ZGjjVphMQ" /></a>Render of the communal area in the Cronulla beachside development, Callista.

Since Callista launched to the market late last year, Highland has witnessed strong enquiry from a range of buyers including young professionals, downsizers with a love for beachside proximity, and locals seeking an upgrade in living.

Callista has had two sales to date with a ground floor three bedroom selling for $2.75 million and the only penthouse in the project, which sold for a record $7.3 million.

The remaining stock is priced from $2.35 million to $5.3 million with the average price of $25,424.44 per sqm.

alisonwarters@gmail.com

Construction commences on $43.8m Cronulla apartments, Callista

Cronulla's beachside is set to receive an influx of new apartments, with two new development applications filed on the beachside.

The two new developments are on Gerrale Street, which has seen a number of new apartment developments since the&nbsp;introduction of the Sutherland Shire Council Local Environment Plan 2015 (SSC LEP).

The most recent application is at 97-105 Gerrale Street, a $30 million shoptop development pictured main and below comprising 30 apartments across a nine-level building and above two retail spaces.

Those plans have been filed by GerDev Pty Ltd, an entity tied to Sahara Projects owner Nick Colys and a Chinese investor.&nbsp;There will be just two two-bed apartments on offer, and 28 three-bedroom units.

Vic Lake Architects Director and Founder Victor Lake noted in the Design Verification Statement submitted to the Sutherland Shire Council that the project&nbsp;sits at a key junction in Cronulla, a gateway to the peninsula.

"The prominent corner position and heritage items make for a challenging and exciting reinvention," the report noted.

To be notified when the project hits sales, <a href="https://www.urban.com.au/new-apartments/97-105-gerrale-street-cronulla">enquire here</a>.

<a data-entity-type="file" data-entity-uuid="25f7c0f3-4c28-4dfb-9586-09565748b4a7" href="https://www.urban.com.au/new-apartments/97-105-gerrale-street-cronulla"><img alt="Gerrale Street" data-entity-type="" data-entity-uuid="" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-03-28%20at%208.45.15%20am.png?VersionId=9wD1RMfZZSI3WoKI7pLPPhenPe5gA5Yb" /></a> 
The plans for&nbsp;97-105 Gerrale Street. Image credit: Vic Lake

Lake said that, like most areas in the Sutherland Shire, Cronulla is in a transitional phase due to the adoption of the SSC LEP 2015, adding that over time most older housing stock will be replaced with new ADG compliant developments.

"Gerrale Street in particular has several new residential and mixed development that extend from The Kingsway to the north extending along South Cronulla Park to the round-about to the east," Lake wrote.

"Since the adoption of Council’s LEP2015 assisted by the age of the existing housing stock and the rising price of new apartments there has been a number of larger site amalgamations along Gerrale Street that have forms the new context. All new developments compete with one another to attract greater returns and many with expensive and novel visual solutions, however all strive to provide for essential needs of the end users."

A Heritage Impact Statement was undertaken by Andrew Starr and Associates Heritage Consultants given the building at 97-99 Gerrale Street is a locally registered heritage item.

The new development will retain the facades and some internal fabric of the heritage, but some demolition of heritage fabric is necessary to&nbsp;achieve the outcome of the proposal for the development of the apartments. The plan is to demolish the freestanding shop built in the 1980s and a 1970s apartment building which are currently on the 1,438 sqm, four-site amalgamation.

A more boutique project has been filed up the road at 79-81 Gerrale Street, a revision of a previous proposal which was rejected in 2020 due to the projects bulk, scale and design issues.

Now the developer, TomTome Group Pty Ltd, has filed for 18 apartments across nine levels on a 918 sqm block which has a western frontage to Monro Park and an eastern frontage facing Cronulla Beach and Cronulla Park. It will replace a three-level apartment building.

To be notified when the project hits sales, <a href="https://www.urban.com.au/new-apartments/79-81-gerrale-street-cronulla">enquire here</a>.

<a data-entity-type="file" data-entity-uuid="ebad1ea8-40d7-4776-bf16-ed3dee638d0e" href="https://www.urban.com.au/new-apartments/79-81-gerrale-street-cronulla"><img alt="CGI of the proposed development " data-entity-type="file" data-entity-uuid="ebad1ea8-40d7-4776-bf16-ed3dee638d0e" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-03-23%20at%204.18.07%20pm.png?VersionId=lG2Qr.Vo9kIa7OPtmnhy.g8ZsOAR0NN7" /></a> 
The proposed 79-81 Gerrale St building. Credit: IDA Design Group.

The landscaping and architectural design have been developed by Design Collective and IDA Design Group.

The new design includes chamfered corners and a setback that mirrors that of the neighbouring buildings to better integrate with the surrounding area.

One one-bedroom apartment will be on offer, along with eight two-bed and nine three-bedroom residences, in addition to 35 car spaces and four bicycle spaces.&nbsp;

<a data-entity-type="file" data-entity-uuid="d7657a90-8975-4391-a7a1-1849346431b8" href="https://www.urban.com.au/new-apartments/79-81-gerrale-street-cronulla"><img alt="CGI of the proposed Gerrale St building. Credit: IDA Design Group." data-entity-type="file" data-entity-uuid="d7657a90-8975-4391-a7a1-1849346431b8" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-03-23%20at%204.18.21%20pm.png?VersionId=cUwtrDmCQymWX7tiSl8wNN0k843ZjfIM" /></a> 
The proposed 79-81 Gerrale St building. Credit: IDA Design Group.

The apartments will benefit from direct ocean views to Cronulla Beach, as well as direct access to Monro Park and Cronulla Park.

Drawing inspiration from the nearby coastline for the design, balcony planters and verdant greenery will also help connect the building to the neighbouring parks.

The prominent Sutherland Shire developer <a href="https://www.urban.com.au/developers/sammut-developments">Sammut Group</a> is planning a $100 million project at 67 Gerrale Street.

Read more:&nbsp;<a href="https://www.urban.com.au/news/nsw/sammut-group-spend-38-million-at-cronulla-for-apartment-developmemnt-site">Sammut Group spend $38 million at Cronulla for apartment development site</a>

[smartcode_project_cta:default project_id=137595]

The two new developments are on Gerrale Street, which has seen a number of new apartment developments since the introduction of the Sutherland Shire Council Local Environment Plan 2015 (SSC LEP)

Joel Robinson

Cronulla apartment pipeline grows with two new beachside developments planned

Sydney developers Sammut Group have attracted strong interest in their latest project, VUE, ahead of launch to the market next month.&nbsp;

The $350 million mixed-use project in the heart of Cronulla, just 100 metres from the Cronulla Beach, sits across a sprawling 5225 sqm at the northern end of Cronulla Mall, set across two eight-storey buildings which share a double-storey podium.&nbsp;

112 apartments are set to be delivered in the project, along with 880 sqm of commercial space and 3000 sqm of retail space, including a Harris Farm Markets, which will be the first in the Sutherland Shire.&nbsp;

The third-generation family business is well known for creating luxury high-end apartments targeting the downsizer market, with VUE their largest scale project in Cronulla to date.

<a data-entity-type="file" data-entity-uuid="9b70e987-1f17-4503-ac3c-2347ff7ac79b" href="https://www.urban.com.au/buildings/3-23-kingsway-cronulla"><img alt="Render of VUE" data-entity-type="file" data-entity-uuid="9b70e987-1f17-4503-ac3c-2347ff7ac79b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Cam_02-v11.jpg?VersionId=DjfLQc0uj9SA_xABxzDj_MO.ZrT2DRHE" /></a>Render of the Cronulla project, VUE. Image supplied.&nbsp;

30 apartments have already been snapped up prior to the official launch, with all the sales so far made to local and repeat buyers.

Sammut Group Chief Operating Officer Julian Sammut said that local interest in VUE has been extraordinary.

“We released a select number of apartments at the end of last year and have been blown away by the enthusiasm to be part of VUE.” Sammut said.&nbsp;

He said the project had been eagerly anticipated from the moment the development application was lodged in June 2021.

“From the moment we lodged the plans, people were enquiring, wanting to secure an apartment. This is clearly a combination of limited supply, people’s trust in our absolute commitment to quality and wanting to seize the opportunity to be part of something that they can see will become a big part of Cronulla’s next chapter,” he said.

Highland CEO David Highland said that VUE presents a unique opportunity to people who have aspired to live in a luxury apartment on the beach. &nbsp;

“One of the most exciting things about VUE is that it’s the epitome of the Sammut Group’s style and quality on a larger scale and that means more people have the opportunity to purchase an apartment of this calibre,” Highland said.

Highland said Sammut Group apartments in smaller boutique projects would typically sell from $3,000,000 to $5,000,000 but prices at VUE start from $1,150,000 for a one-bedroom, from $2,000,000 for a two-bedroom and from $2,950,000 for a three-bedroom apartment, with the penthouses priced on application.&nbsp;

Designed by PBD Architects with interiors by Mim Design, the apartments feature natural material and sculptural forms, in keeping with the coastal nature of the location.

“Residents of VUE will not only have their own stunning private homes but access to a smorgasbord of resort style facilities unlike anything we’ve seen in the Shire to date,” Highland added.

<a data-entity-type="file" data-entity-uuid="1c134475-5769-4b5c-98b7-daff1cf80653" href="https://www.urban.com.au/buildings/3-23-kingsway-cronulla"><img alt="Render of VUE" data-entity-type="file" data-entity-uuid="1c134475-5769-4b5c-98b7-daff1cf80653" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Cam_04-v11.jpg?VersionId=emuTNfIkaaaXIogf0TfP0KctqKz3aBmf" /></a>Render of the Cronulla project, VUE. Image supplied.&nbsp;

From street level, VUE will bring a new vitality to the area with landscaping and upgrades to the public domain. Upstairs on the podium level, residents will have their own private sanctuary with resort-style facilities including a north-facing pool, a large communal terrace with a pavilion, poolside lounges, sauna and open-air gym complete with breakout spaces for a range of activities.

With the current median house price in the local area approximately $3,000,000, Highland believes VUE will appeal to the many people in larger homes all over the Shire wanting to downsize and simplify their lives.

“Despite normal fluctuations within the property market, the Shire remains extremely resilient and we know that many people who have experienced strong growth in the value of their properties are considering the next step, which for many is about getting closer to the beach and living a more convenient luxurious life and VUE ticks all those boxes,” Mr Highland said.

Sammut Group CEO, Allen Sammut said the project was generating a lot of excitement in the community.

“We are thrilled with the success of the sales to date and the volume of local buyers prior to the official launch which we see as a great endorsement of the overall project,” he said.&nbsp;

“We can see that people are excited about the project, particularly Harris Farm coming to the Shire, it will bring a new vibrancy and will inspire other retailers to come to the rejuvenated strip.”

The project received development approval in September 2022. The approval came within a month of the approval for another major Sammut Group project, PARC, a commercial building and hospitality venue dubbed PARC Pavilion, which they will own and operate in partnership with hospitality outfit Feros Group.

[smartcode_project_cta:default project_id=106933]

Sammut Group’s Cronulla project, VUE, attracts strong local interest ahead of launch

Prolific local development firm Sammut Group has been given the green light by the Sydney South Planning Panel to push ahead on its $350 million redevelopment of the northern end of Cronulla Mall.

The project, which will incorporate 112 apartments, a Harris Farm supermarket and 885 sqm of commercial space, is the first&nbsp;major urban renewal approval for the area since Northies Hotel in 1999.

To be called VUE,&nbsp;the development comprises four levels of basement parking, a two-storey podium including ground-floor retail and first-floor commercial and two residential buildings.

<img alt="Sammut's VUE" data-entity-type="file" data-entity-uuid="0d6cfef6-8083-4b92-92c8-b981810d7e88" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-09-30%20at%208.45.38%20am.png?VersionId=dpbNXIcjTmdLA46MVZ6YNCnS2LX_TaYL" />

The project has a resort style feel, featuring a large communal terrace with a pavilion and pool located at podium level, while street-level landscaping and upgrades to the public domain will bring new vitality to the daily experience of the area.

VUE will sit on an amalgamated 5225 sqm site comprised of several retail and commercial buildings along the main entry to Cronulla Beach between Croydon Street and Abel Place.

Sammut Group lodged a development application for the site in June 2021. The approval comes within a month of the approval for another major Sammut Group project, PARC, a commercial building and hospitality venue PARC Pavilion they will own and operate in partnership with leading hospitality outfit Feros Group.

Sammut Group Chief Executive Officer Allen Sammut said he believes the project approval for VUE will see a reversal of fortune for the many local businesses that tackled the impacts of the pandemic.

“After a very tough few years for the local traders and retailers in the centre of Cronulla, we hope they will see this as the start of a great new time of growth and renewal. We’re extremely excited to bring a whole new life to our CBD,” he said.

<img alt="Sammut's VUE" data-entity-type="file" data-entity-uuid="3a1837ab-8f78-4d5a-84ab-46e64d2349e3" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-09-30%20at%208.45.50%20am.png?VersionId=ifGbYxV80vD8N02uoTWB5bqL.LDKhS.6" />

“The approval for our VUE project gives us the chance to effectively ‘bookend’ Cronulla Mall with the highest level of design quality, and two very significant projects that will generate vibrancy and buzz, which the area sorely needs.” 
 
Sammut Group Chief Operating Officer Julian Sammut said the approval gave the family business the chance to make a very positive contribution to their hometown.

“We are very conscious of the role we can play as a local family-operated firm that prides ourselves on having a commitment to quality in our DNA.

“When completed, VUE will become one of Cronulla’s iconic buildings. It is a great gateway development for the area and will provide amenities to everyone in the Sutherland Shire community.

“To be able to bring Harris Farm to the Shire – and help them deliver what will be their flagship store - is a huge positive and we’re excited about the job opportunities that will come along with that,” he said.

<img alt="Sammut's VUE development" data-entity-type="file" data-entity-uuid="cbefcb80-bab8-49ff-8a75-64c383f53cc1" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-09-30%20at%208.45.43%20am.png?VersionId=5GIIcaRpjpHff3pQ3WM7CqLZ2xOCR8RQ" />

The inclusion of Harris Farm as part of the offering had already generated significant enquiry for the additional retail spaces in the project.

VUE, which has been designed by PBD Architects will officially hit the market early in 2023, with reports of already strong interest from buyers wanting to secure an apartment.

Sammut Group is a renowned and award-winning developer of high-end residential and commercial projects across Australia.

With an extensive portfolio and impressive reputation in the New South Wales market bolstered by the success of upmarket developments such as Banc, Loft, Breeze and Drift in Cronulla, Sammut Group is also active on the Gold Coast.

Their absolute beachfront $200M 6-star luxury Coast project on Garfield Terrace has broken local price records with apartments selling for an average price of $5.25 million.

Sammut Group has teamed with its venture capital partner Alceon Group to deliver VUE, Coast and the recently approved PARC.

Alceon Group is a Sydney-based investment group and is one of Australia’s largest non-bank providers of development finance, having invested over $4 billion across real estate, private equity/credit, and listed equities investment strategies.

Sammut Group secure sign off for VUE, Cronulla Mall's mixed-use urban renewal project

The boutique Sydney developer Fiducia is set to launch its latest apartment collection to the market, an exclusive range of 12 Mediterranean-inspired residences in the heart of the Sutherland Shire.

Callista, derived from the Greek word for ‘most beautiful’, is positioned in one of Cronulla’s most intimate beachside neighbourhoods, with the apartments featuring design pieces hand selected from the European coastline.

<img alt="Render of the proposed Cronulla apartment project, Callista" data-entity-type="file" data-entity-uuid="971c72a3-78b0-4b10-95f3-c7fff712aba7" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/LAANSTUDIOS_S010_HERO_FINAL2500%20V2.jpg?VersionId=UC4ED_IrEFlgpyOD2FXCH11V.BNAbAQ0" />

Two, three and four-bedroom apartments are on offer on, with the apartments extending onto either lush garden courtyards or balconies, with the four-bedder dwellings on the higher levels benefitting from ocean views. &nbsp;

Fiducia’s Development Director, Marie Doyle, said the group have long had a love and history of delivering boutique costal apartments, with it only being a matter of time until they developed in Cronulla.

“Callista offers something for a range of buyers from young professionals, downsizers with a love for beachside proximity or locals simply seeking an upgrade in living," Doyle said.

Prices begin at $2.2 million for a two-bedroom courtyard apartment, ranging up to $7.3 million for the four-bedroom penthouse.

<img alt="Render inside one of the proposed Cronulla apartments at, Callista" data-entity-type="file" data-entity-uuid="b7a37ff6-3f12-47fa-b2fb-937edf0c4cb2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/LAANSTUDIOS_4.01%20PENTHOUSE%20LIVING_FINAL2500.jpg?VersionId=Jt3F5AQE1E7jvhEFJVmZLoSQmqTvhqK6" />

Fiducia have appointed interior designer Chloe Matters to handle the interiors of the apartments, which are designed by local architects Peter Courvaras.

“We wanted to bring together an organic palette rich in texture with elements of rustic stone, natural whites and materials that conjured up that effortless feeling of summer on the Mediterranean coast,” Doyle added.

Callista will also offer residents a communal pool, barbecue area, outdoor shower and surfboard racks.

Highland has been appointed as the exclusive selling agent on the project. Highland CEO David Highland saying the project will set a new benchmark for luxury in apartment living in Cronulla.

<img alt="Render of the proposed Cronulla apartment project, Callista" data-entity-type="file" data-entity-uuid="a93da543-d87b-474a-b198-011ae877fa76" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/LAANSTUDIOS_COMMUNAL%20AREA_FINAL2500.jpg?VersionId=R4cBZa4EwuzafpZl3VKM6h5XmTocnXsb" />

“With an obvious nod to European design and styling not seen before in Cronulla, Callista will offer buyers something very special and unique," Highland said.

"I’m excited to see Fudicia’s new project come to life."

Established in 2004, Fiducia has completed over 700 residences to date, picking up a string of awards along the way, including from the Urban Development Institute of Australia (UDIA NSW), Housing Industry Australia (HIA), and REINSW.

Fiducia set to launch luxury Cronulla apartment project, Callista 

The Cronulla mall is set for a $350 million facelift, with the Sydney developer Sammut Group set to create a new mixed-use retail and residential precinct.

The mixed-use urban renewal project at the northern end of the Cronulla Mall, which the&nbsp;Sutherland Shire Council calls the Northern Gateway site, will see the old retail and commercial and retail space renovated and extended.

The 5,225 sqm development, called Vue, will also home&nbsp;122 one, two and three bedroom apartments, developed above the shopping precinct.

<img alt="" height="1005" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/vue_3.jpg" width="1200" />

&ldquo;This is a game-changing development that will provide the catalyst for the future revitalisation and growth of the Cronulla CBD,&rdquo; Sammut Group director Allen Sammut said.

&ldquo;It&rsquo;s a pivotal project for the area, particularly the many businesses in Cronulla that have been struggling in recent years.

&ldquo;We&rsquo;re extremely excited and eager to see our vision for this iconic gateway site come to life, ushering in a new era of optimism and opportunity for Cronulla.&rdquo;

<img alt="" height="990" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/vue_2.jpg" width="1200" />

There will be 885 sqm of commercial space, as well as&nbsp;speciality shops, restaurants and full-line major supermarket brand Harris Farm Markets, set to become their flagship store.

It&#39;s the same location where there was a 20-level tower proposed back in 2017 by a different development group.&nbsp;

About the developer

Established as Sammut Constructions by Paul Sammut over five decades ago, the family-owned business is now headed by sons Allen and John, and grandson Julian Sammut, who have evolved the business into &lsquo;Sammut Group&rsquo;.

They have won over 40 major industry awards for their projects and have an extensive portfolio&nbsp;in the New South Wales market and the local market with Banc, Loft, Breeze and Drift all developed in the Sutherland Shire.

Sammut are developing Vue with the Sydney-based investment group Alceon, who they are also teaming up with for the <a href="https://www.urban.com.au/news/qld/tower-reveal-sammut-lodge-plans-for-200-million-surfers-paradise-apartment-tower-coast">$200 million luxury Surfers Paradise development</a>.

The 5,225 sqm development, called Vue, will also see 122 one, two and three bedroom apartments developed above the shopping centre

Sammut Group's $350 million mixed-use development Vue to change Cronulla CBD

Sydney&rsquo;s top weekend sale came auction eve when a Cronulla apartment was snapped on Friday.&nbsp;

The four bedroom, three bathroom Saltaire apartment at 201/21-23 Prince St fetched $5.8m through Highlands Property agent Mitchell Wynn.&nbsp;

The apartment is set in the boutique block of eight spread over flour floors.

The second floor space last sold at $3.8m in 2018.

[smartcode_project:default project_id=6201]

Cronulla&#39;s median apartment price sits at $825,000 according to realestate.com.au.

Sydney’s top sale came weekend auction eve when a Cronulla apartment was snapped Friday. 

jchancellor

$5.8 million trophy Cronulla apartment sale tops weekend results

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Sydney's millionaire tech heads love prestige waterfront property for their family compounds.

The Sutherland Shire-based tech richlister David Greiner has splashed out big time on an prized Cronulla beachfront site consolidation.

He has quietly spent $23 million plus on The Esplanade (above).

Greiner is half of the publicity-shy duo from the Shire quietly who built one of Australia's most exciting technology companies over the past decade.

His property play highlights the passion for property held by Sydney's young tech heads.

Only last month the Atlassian co-founder, tech billionaire Mike Cannon-Brookes bought Australia’s most expensive house, the harbourfront jewel, Fairwater at Double Bay in Sydney's east for close to $100 million.

Cannon-Brookes 1.12 hectare acquisition followed his Atlassian business partner Scott Farquhar paying $71 million, without any mortgage next-door for another Fairfax family home, Elaine last year with plans for an architectural makeover by Rome-based expat architect Carl Pickering.

Greiner's off market purchases are at the southern end of Cronulla beach with the five acquisitions on a combined 1,175 sqm land holding. 

His known purchases have ranged between $2.5 million and $8 million so far, with one further acquisition expected.

All but one are in Greiner's own name, with one purchased through a related company. 

With the site consolidation not quite complete, his final outlay remains undisclosed, along with whether he intends to build a luxury family home or undertake apartment redevelopment plans in the long term.

Founded by Greiner and Ben Richardson, Campaign Monitor was billed as the next Atlasssian when it shot to prominence in 2014 selling a $348 million stake to US venture capital firms.

It makes software for email campaigns, with over two million customers at more than 200,000 businesses, with staff in Sydney, San Francisco and London. 

Having started out in a garage in the Sutherland Shire, their most recent shared net worth was suggested as $600 million, second only to the billionaire tech head duo at Atlassian. 

David and wife Renee live in Caringbah South, and own a Mollymook Beach weekender where last year they spent $2 million extending the Mitchell Parade holding, quickly securing approval for a tennis court.

Ben Richardson is building a luxury home at Shearwater Landing, on a 3350 sqm holding in the coastal Cronulla master-planned residential precinct.

He and wife Inger have no registered mortgage on the four building blocks that cost $12.6 million.

Friends since they were five-year olds, their company success emerged from their web design business which the pair launched when they were students in the late 1990s studying at the University of Wollongong.

In mid-2017 Greiner and Richardson, the company's two Australian-based founders, relinquished all operational duties, but remained on the board on the company.

"As parents with young kids, they're taking the time they didn't have when building Campaign Monitor over the past decade to spend more time with their family," the spokesperson said at the time in a statement.

Nautilus, built on Burraneer Bay for soft drink scion, Steve Shelley, is regarded as the Shire's most expensive home build.

The seven bedroom, six-storey mansion comes with its own bowling alley, home cinema and bar.

It was crowned the Australian Home of the Year in the 2016 HIA-CSR Australian Housing Awards.

This article was first published in the Daily Telegraph.

<h2>Properties selling now in Sydney:</h2>

[smartcode_project:default project_id=29359]

[smartcode_project:default project_id=24323]
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Shire tech head David Greiner secures Cronulla beachfront blocks

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This summer has earmarked a trend in Australians keen to invest in a holiday home to call their own.

“With the costs of renting a holiday home soaring thanks to huge local demand, combined with record low interest rates, we’re experiencing a unique situation where it may actually be more cost effective to buy rather than regularly rent a holiday home”, said David Hancock, senior financial planner at Montara Wealth.

To assist in your search, Urban takes a look at six stunning coastal properties to consider in NSW. 
 

1. Lighthouse, Dee Why 
Address: 9-17 Howard Avenue, Dee Why NSW 2099 
Two-bedroom apartments from $935,000

[smartcode_project:default project_id=6337]

Showcasing unobstructed panoramic views of the ocean, beach and lagoon, Lighthouse is Dee Why’s latest architectural landmark.

Delivered by Meriton, the development soars high above the surrounding streetscape, blending residential, retail and commercial in one dynamic location – ideal for downsizers or couples looking for a coastal investment property.

Built over four buildings, with two towers rising up to 17 storeys high, Lighthouse comprises of 351 apartments with a range of one, two and three-bedroom configurations, including dual-level residences. 
 

2. Kalypso, Tamarama 
Address: 63 Fletcher Street, Tamarama NSW 2026 
Apartment prices available upon request

[smartcode_project:default project_id=6813]

For those seeking spectacular views of the stunning coastline, Kalypso provides the authentic coastal lifestyle amongst the unmatched beauty of Tamarama.

Delivered by DARE Property Group, Kalypso is inspired by the natural ﬂow of the ocean with a palette that echoes its surrounds of sand and surf.

Curated by Mim Design, Kalypso's curved walls and stone benchtops pay homage to the undulating waves close-by, with vast open spaces and large windows welcoming the sea breeze. 
 

3. Wavelength, Cronulla 
Address: 49-57 Gerrale Street, Cronulla NSW 2230 
Apartment prices available upon request

[smartcode_project:default project_id=6071]

Iridium Development’s Wavelength captures the spirit of the coast with its undulating façade and rhythmic curves, designed by Architecture Urbaneia.

Making the ideal coastal home, the development is surrounded by water, and a foreshore park, fusing contemporary architecture and the coastal lifestyle.

Offering one, two and three-bedroom apartments and penthouses, Wavelength delivers flowing interiors, open-plan layouts and meticulously designed bathrooms. 
 

4. Estelle, Bondi 
Address: 67-69 Penkivil Street, Bondi NSW 2026 
Apartment prices available upon request

[smartcode_project:default project_id=7057]

Showcasing style, quality and privacy, Estelle is the Bondi’s latest coastal development by K2 Property Development Group.

Among its amenities include a landscaped common garden, alfresco entertaining and full-length balconies for year-round use.

Designed by MHN Design Union and Lawless &amp; Meyerson, this development boasts a boutique collection of 14 one, two and three-bedroom apartments, with floor-to-ceiling glass sliding doors, soaring rakes ceilings and the coastal backdrop of the exclusive Eastern suburbs. 
 

5. Luna, Cronulla 
Address: 13 Arthur Avenue, Cronulla NSW 2230 
Apartment prices available upon request

[smartcode_project:default project_id=29824]

Tucked away in a quiet beachfront cul-de-sac, Luna is only a short stroll from the central hub of bustling Cronulla.

Situated steps from the water’s edge, Luna provides everything at your doorstep, from gold courses, expansive parklands and magnificent beaches.

Delivered by Plank Developments and designed by Vic Lake Architects, Luna was designed with a timeless and sophisticated edge, enhancing its oceanfront position.

Among its amenities include alfresco living space, secure basement car parking and sun-drenched interiors. 
 

6. Soul, Cronulla 
Address: 131-133 Gerrale Street, Cronulla NSW 2230 
Apartment prices available upon request

[smartcode_project:default project_id=25138]

Located in Sydney’s southern beaches and just footsteps from the sands of Cronulla, Soul offers relaxed coastal living.

Boasting sweeping ocean views and outlooks in every direction, the development offers the ideal sanctuary from busy city living.

Soul’s two and three-bedroom residences deliver floor-to-ceiling windows and open-plan interiors.

Among the project’s features are modern designs, decadent finishes and, in the luxury penthouse, a private rooftop courtyard and a swimming pool.
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Urban takes a look at six stunning coastal properties to consider in NSW

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Wanting to extend summer? Check out six of NSW's best coastal apartment developments

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The former Australian basketball star turned businessman Damian Keogh has bought an impressive Cronulla apartment.
Keogh has paid $2.85 million for the <a href="https://www.realestate.com.au/property-apartment-nsw-cronulla-121147990" target="_blank">three bedroom, two bathroom beachfront apartment</a> which sold through Highland Property agents David Highland and Mitchell Wynn.
The apartment is located in the award winning Tiana which was built by the highly regarded property developers Bezzina Group in 1995.
A wrap around balcony with dining and entertaining areas looks over the ocean.
The property last sold in 2013 for $1.925 million. 
Regarded as one of Australia's greatest ever basketballers, Keogh stayed in the sportsworld becoming involved in the Sydney Olympic Games bid team. 
He was then recruited by the Seven Network as the Head of Olympic Marketing, focusing on the promotion of the 2000 Sydney Olympic Games. 
After Keogh worked in the television sales and marketing, he was announced as the chief executive of cinema advertising company Val Morgan in 2013 before being made the CEO at the Hoyts Group.
Keogh is also the chairman of the Cronulla Sharks NRL team.
Keogh had long lived in the shire having bought a five bedroom Lilli Pilli house back in 1997 for $800,000.
The long time Sydney Kings captain represented Australia at three Olympic Games and played 207 times for the national team.
Keogh married fellow basketballer Maree White in 1986 and have four children.
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