Elsternwick

The Australian Broadcasting Corporation&rsquo;s last remaining landholding in Elsternwick is soon to hit the market, in what is expected to be a hotly contested sale process for the prime landholding.

The property, 8 Gordon Street, occupies a large 11,740sqm (3 acre) site zoned for Residential Growth with height potential of up to 8 levels on some parts of the property and is being offered for sale with vacant possession. The property will be sold by Public Tender, expected to close in early June.

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Savills Australia&rsquo;s Clinton Baxter, Nick Peden and Jesse Radisich have been appointed to market the property, saying they expected strong interest from a complete cross section of the market covering &ldquo;the full range of developers&rdquo;, from the residential, commercial, build-to-rent, social infrastructure, education, aged-care and healthcare sectors.

&ldquo;This sale will undoubtedly attract international attention by virtue of it being the most significant inner-Melbourne site to be offered to the market in 2021,&rdquo; Mr Baxter said,

&ldquo;There simply isn&rsquo;t another site of such magnitude and offering a unique array of amenity and positive attributes within the inner suburbs of Melbourne.&quot;

The offering follows Savills&rsquo; sale of the ABC&rsquo;s nearby Selwyn Street property to Woolworths for almost $50 million in 2017.

The site adjoins the magnificent heritage-protected Rippon Lea Estate and is just a short walk from Elsternwick railway station and the vibrant Glen Huntly Road retail strip.

The sale will undoubtedly attract international attention by virtue of it being the most significant inner-Melbourne site to be offered to the market in 2021

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ABC’s last remaining landholding in Elsternwick VIC listed

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The Bachelor fitness guru couple Sam and Snezana Wood are selling their Melbourne home, with plans to upsize given their recent announcement they're having a second baby.

The Edwardian cottage in Elsternwick (above and below) last sold for $1,625,000 in 2015 when it stayed in the reality TV family.

The home had been a renovation project for renovation queens Sasha and Julia, who completely restored the 1915 built home before appearing on The Block.

The modern home has three bedrooms and two bathrooms on its 345 sqm parcel.

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It comes with American oak floorboards, bespoke light fittings and an original bay window with bench seat.

The crisp white kitchen has bi-fold windows that overlook the landscaped garden.

WhiteFox Real Estate Stonnington agents Marty Fox and Lana Samuels are marketing the home with a guide of $1.75 million to $1,925,000.

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Fox says the home will be snapped up faster than a table at the famed, and nearby, restaurants Attica.

There's whispers the couple are the mystery buyers of a nearby $3.3 million 1900s Victorian mansion (below).

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The main house has four bedrooms with a swim spa in the landscaped gardens.

Sam and Snez met on the 2015 series of The Bachelor and wed a couple of months ago in Byron Bay.

<h2>VIC properties selling now:</h2>

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Bachelor couple Sam Wood and Snezana Markoski upgrading in Elsternwick

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The television couple Sam Wood and Snezana Markoski - who met on The Bachelor - have announced they have purchased a house in Melbourne.
With his fiancee, Wood, a fitness trainer, shared his purchase news on Instagram hashtagging "#family #fiance #future" in the caption. Nothing about the financing, but Title Tattle sees it was on the Gary Peer website as sold at $1.625 million.
"So ... the most incredible woman I've ever met and I just bought this beautiful little house," Sam told his 187,000 social media followers. 
<a href="https://www.garypeer.com.au/search/view/1-acacia-street-elsternwick/1737#.VpzYtMB94Us" target="_blank">The three bedroom, two bedroom Edwardian Elsternwick family home</a> has enough rooms for the couple and Snezana's 10-year-old daughter. 
Since The Bachelor finale last September, Snezana has been regularly flying east from her hometown of Perth.
<a href="https://www.urban.com.au/property-observer" target="_blank">Elsternwick's median house price sits at a record $1.37 million</a>, according to CoreLogic RP Data. 
Their house purchase last sold at $506,550 million in 2003.
It is one of the most traded homes in the suburb having sold at $250,000 in 1991 and $25,000 in 1977.
Since Markoski and Wood’s engagement there has been speculation that their wedding would become the subject of a fly-on-the-wall series for Channel 10.
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Sam and Snez buy together in Edwardian Elsternwick

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Victorian developments have done well at a national property awards ceremony. 
The 2018 Property Council of Australia / Rider Levett Bucknall Innovation &amp; Excellence Awards bestowed honours upon the refurbishment of the former Caulfield Rifle Range and the Caribbean Park business park.
The Hill PDA Award for Government Leadership was presented to VicTrack for its redevelopment of the Bang Bang Rifle Club at 294 Glenhuntly Road in Elsternwick (pictured above).
“The former rifle range building, which had laid vacant for 15 years, presented a range of development challenges – including legacy contamination and heritage protections,” says the Property Council’s Chief Executive, Ken Morrison.
In association with Glen Eira City Council, VicTrack integrated the restored building into Elsternwick Station plaza and the club is now a Indochine-inspired café and bar.
“By collaborating with the private sector and local government, VicTrack has transformed an underused heritage asset into a high-quality retail offering with broader community benefits,” Morrison says.
Caribbean Park (pictured below), owned by the Caribbean Group, took home the LJ Hooker Commercial Award for Best Business or Industrial Park.
In Melbourne’s south-east, the site encompasses industrial, logistics and commercial spaces overlooking a 15-hectare lake. Caribbean Group has held the land since 1942.
“The open spaces and water vistas overlooking Lake Caribbean create a unique setting for business,” says RLB’s Managing Director NSW, Matthew Harris.
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Under a comprehensive masterplan, 40 three-to-five storey office towers are in the pipeline, which will ultimately provide more than 230,000 square metrs of office space.
“Incorporating a fresh produce market, Wi-Fi enabled parkland and transport connectivity, the latest phase of Caribbean Park is innovative, adaptable and sustainable,” Harris says.
 
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Victorian developments perform well at national property awards

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The ABC expects between $45 million and $50 million from the sale of its Ripponlea studio, in Melbourne's Elsternwick.
The 8 Gordon Street offering (pictured above) has been anticipated since the ABC moved staff to its revamped Southbank headquarters.
The ABC has already sold its nearby Selwyn Street facility to Woolworths for about $45 million.
Savills expect interest from residential and commercial developers, along with education, aged-care and healthcare operators.
The Gordon Street studios, built between 1956 and 1965, have been home to television shows including Bellbird, Power Without Glory, The Gillies Report, Kath and Kim and more recently, Mad as Hell.
The studios, closed last November, were home to the first purpose-built television studio in Victoria in with a Post-War International style building.
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ABC Ripponlea studio listed for sale through Savills

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Comedian Dave Hughes is seeking for a tenant for his fully-furnished Elsternwick house with an asking price of $2000 per week. 
The comedian bought the <a href="https://www.urban.com.au/news/77258-the-block-josh-and-elyses-home" target="_blank">$3 million Regent Street home</a> on The Block in 2017, and this isn't the first time he has tried to lease the home.
He was <a href="https://www.urban.com.au/news/79965-comedian-dave-hughes-secures-tenant-for-his-the-block-elsternwick-investment-property" target="_blank">previously successful</a>.
The five bedroom home comes with open plan and dining area, gourmet kitchen, home office and self-contained studio. 
The home's other highlights include freestanding fireplace, pool and and three-car garage. 
Caishlin Simpson and Nicholas Horswood of Belle Property St Kilda have the listing. 
Hughes bought the property for $3.067 million — $447,000 above the reserve set by Channel 9 from Barker and Knowles. 
At the time, <a href="https://www.urban.com.au/news/80191-dave-hughes-struggled-to-find-finance-for-the-block-elsternwick-purchase" target="_blank">he struggled to find finances to buy the home</a>.
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Comedian Dave Hughes lists The Block Elsternwick house for rent 

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An Elsternwick Edwardian home has hit the market with $2.4 million to $2.6 million hopes.
The Elster Avenue home has been listed by comedian and Sydney MMM radio presenter Lawrence Mooney who bought the property two years ago. 
Sitting on 536sqm, it comprises four bedrooms, two bathrooms, glass-wrapped family domain and double garage.
The park-side home also features sitting room, decked entertaining area, St George appliance kitchen and swimming pool.  
It is situated close to Martin Street Village, schools and transport. 
Mooney won Best Entertainment Presenter at the Australian Commercial Radio Awards last year. 
The Elsternwick property is for private sale through Marshall White agent Damian O’Sullivan. 
Before its purchase wife Lou Mooney and daughters Lily and Maggie had been renting.
The couple paid $2.5 million.
They are now back renting at Bronte in Sydney.
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Comedian Lawrence Mooney lists in Elsternwick

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The Sydney MMM breakfast presenter Lawrence Mooney accepted $2.48 million for his Elsternwick house which went to weekend auction.
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The funnyman paid $2.5 million two years ago when he was living in Melbourne.
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The listing came with $2.4 million to $2.6 million hopes. 
It was sold to a young family from Brighton East who beat a Hong Kong-based expat to the four-bedroom Edwardian keys.
Melbourne’s preliminary auction clearance rate was sitting at 61 per cent from 313 reported results. There were 480 auctions scheduled, and 37 properties withdrawn. 
A derelict Sydney terrace sold for $4,621,000, exceeding its reserve by more than $500,000.
More than 100 people watched the uninhabitable house at 112 Surrey Street, Darlinghurst sell under the hammer.
The four-level terrace had been listed with a $3.6 million price guide.
It attracted more than 18 registered bidders.
Sydney recorded a preliminary auction clearance rate sat of 62 per cent on Saturday from 266 reported results. 
There were 440 auctions scheduled with a higher number, 74 properties withdrawn.
The nation's cheapest sale was the townhouse at 1/9 David Street, Lalor that fetched $313,000.
It sold at a small loss having traded in 2011 at $315,000.
 
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Comedian Lawrence Mooney takes a small loss in Elsternwick weekend auction

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A $9.4 million Elsternwick building block with permission for five homes looks set to be the location for this year’s series of The Block.
Its been the backup option given the rundown Gatwick Private Hotel, St Kilda offering has proved difficult to secure.
<a href="https://www.garypeer.com/search/view/46-regent-street-elsternwick/1053#.WMWz4oSaoU0" target="_blank">The vacant block</a> which was the Regent Lodge hostel in Elsternwick is not far from the historic Ripponlea homestead.
The 46 Regent Street property was reportedly purchased mid December by a company linked to Channel 9, with Nine CEO Hugh Marks listed as one of the directors.
The company has since had plans for a five lot subdivision approved this week by Glen Eira City Council.
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Workmen moved on to the site on Friday with fencing erected, according to the Herald Sun.
The from scratch project will be a departure for the renovation program
The paper said several of the tradesmen on site were wearing fluoro vests branded with the name of a company that specialises in relocating homes.
The Block has previously worked renovation magic in Richmond, South Melbourne, South Yarra, Albert Park, Prahran and most recently Port Melbourne.
Filming is tipped to get underway on the new series late next month with the show typically airing from August.
Several years ago Kate Ceberano and Gina Riley have won a five-year development dispute preventing a private boys' school opening a campus on the block.
The Yesodei HaTorah College wanted 46 Regent Street to be a three storey, 325-student campus. They paid $3 million in 2006 selling at $4.75 million in 2010.
At a council meeting in 2010, Ceberano argued the proposed school would ruin the neighbourly atmosphere of Elsternwick.
Another local celebrity mum, comedian Gina Riley – famous for Kath And Kim – opposed the development on the basis of traffic and parking.
Several other schools, including Caulfield Grammar Senior School, are in or around Regent Street.
Meanwhile The Gatwick could still be a location for future series of the show, should a sale go through.
The property remains on the market with residents having been given four months to find alternative accommodation.
For an e-book on <a href="https://www.urban.com.au/guides/73622-houses-for-removal-the-block-elsternwick-makes-relocatable-secondhand-homes-fashionable-again" target="_blank">house removal click here</a>.
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The Block set for Elsternwick building from scratch in 2017 series

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Retail giant Woolworths has snapped up ABC's former studios in the Melbourne suburb of Elsternwick for a reported $40-$50 million in a deal brokered by Savills.
The public broadcaster confirmed Tuesday it had completed the tender process for the sale, according to a report in the Sydney Morning Herald.
The property was put on the market late last year through an expressions of interest process that closed December 6, 2016.
“Staff from Selwyn Street will commence moving to the ABC's Southbank headquarters in April 2017," ABC  said in a statement.
The report cited title documents obtained by BusinessDay showing Woolworths' development arm, Fabcot Pty Ltd, had placed a caveat over the ABC site.
Savills’ Clinton Baxter, Nick Peden and Jesse Radisich, who brokered the deal, did not comment on the deal value, but sources cited by report put it between $40 million to $50 million.
"The sale price is confidential, however the tender process ensured the amount was in line with market expectations," ABC spokesman Nick Leys said.
The ABC will now move to sell its nearby Gordon Street studio through a similar tender sale process, Leys said.
All television and radio production at the two sites will move to the broadcaster's Southbank studios.
The sale of Elsternwick marks the end of an era for Australian television as it was the site of ABC TV's first ever broadcast in 1956.
Both the Elsternwick and Gordon Street sites were used as offices and warehouse facilities for different ABC production units, and have occasionally been used to film scenes from popular shows, including Countdown, Kath and Kim and Hugh Jackman's prison drama Correlli.
The ABC's redeveloped Southbank site has studios large enough to incorporate its operations from Elsternwick.
The corner property at Elsternwick is a 6155 sqm block on six separate titles in a mixed-use zone which comprises offices, storage facilities and some of the ABC’s Melbourne television studios, according to a Savills news release earlier.
A $9.4 million <a href="https://www.urban.com.au/news/66865-the-block-set-for-elsternwick-building-from-scratch-in-2017-series" target="_blank">Elsternwick building block</a> with permission for five homes looks set to be the location for this year’s series of The Block.
 
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