Penthouses

Developer JQZ has sold the first penthouse within its $1.6 billion St Leonards project Eighty Eight just seven days after its release.

The $10.5 million price set a new record per sqm rate for highrise Lower North Shore through Apex Investment Alliance.

The price equated to $52,239 square metre for the 209 sq m two storey penthouse.

The buyer had been looking for eight months.

The 88 by JQZ residential precinct is now under construction at 88 Christie Street.

It comprises two residential towers one of 47 and the other 26 storeys.

There is also a commercial tower of 15 storeys designed by PTW Architects.

The initial apartment sales were in 2018.

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Denis Wan, of Apex Investment Alliance who sold the penthouse, described it as an impressive price.

There are four two-storey penthouses on levels 46 and 47 of the 88 by JQZ tower.

Henderson and Co founder Angus Henderson has designed the interiors.

Set 220m above sea level, the four-bedroom penthouses will have the highest elevation of any residences on the north shore, with views over the Sydney CBD, Sydney Harbour Bridge and Sydney Harbour.

In 2016 there were reports almost $11 million was paid for a penthouse in the St Leonard&rsquo;s The Landmark development by Chinese developer New Hope and VIMG. 
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JQZ has sold the first penthouse just seven days after its release

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Eighty Eight by JQZ scores pricey St Leonards penthouse apartment sale

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Melbourne developer Tim Gurner secured strong sales in his pre-launch of his South Melbourne project.
Architects Elenberg Fraser, interior designer David Hicks and landscaper Jack Merlo have collaborated on the nine-level building of 71 apartments set 200 metres from Albert Park Lake.
The 74 Eastern Road, South Melbourne pricing was set at $435,000 to $3.95 million through 360 Property Group.
All six penthouses were first to go bought by five buyers, with Gurner banking a total of $10.75 million.
One buyer bought two penthouses, outlaying $3.5 million to amalgamate the pair.
Gurner invested $1 million on the display suite.
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All the penthouses sell in Gurner South Melbourne project

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Former NRL Cronulla forward Ben Ross and his wife, Renai Sola, have listed their impressive Cronulla penthouse apartment.
The couple moved into the three bedroom, three bathroom apartment shortly after Ben proposed to Renai in 2008, while he was still at the Sharks.
The family, now with two daughters, are tipped to stay in the shire.
The three bedroom apartment, 200 metres from the heart of Cronulla, is a top floor fully renovated entertainers' pad.
It comes with two large balconies, private lift and ocean front views a dream.
Ben said that they love the fact there are stairs with direct access to the beach which they overlook from both balconies.
Greg Gilbert agents Alex Pitsis and Nathan Ogilvie have set an August 4 auction.
Originally from Queensland, Ross headed south to start his NRL career at St George Illawarra, before heading to Penrith.
He joined Cronulla in 2006 but only featured in 45 games over a three year period due to numerous injuries and suspensions.
Ross moved to South Sydney Rabbitohs for a year in 2010, then Ross returned to Cronulla for the 2012-13 seasons.
He always wanted to retire on his own terms, and with his neck held together with screws and plates, did so at the end of the 2013 season.
He played a remarkable 64 NRL matches after doctors declared he was just a millimetre away from life in a wheelchair.
Ross was offered a contract from then Super League club London Broncos but declined.
He is now the national welfare manager of Men of League which aims to provide assistance and support to players, coaches, referees, officials and administrators from all levels of the game.
Ross is also community ambassador for the Sharks and the NRL.
He recently revealed on social media that he secured his coaching accreditation as a senior club coach.
"Pumped to finally get my Coaching Accreditation! Now to find a team to coach... Any suggestions?" he popped onto his Instagram page.
The median unit price in Cronulla is peaking at $740,000, according to CoreLogic RP Data.
This article was first published in the Saturday Daily Telegraph.
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Former Sharks forward Ben Ross lists his Cronulla penthouse

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Businessman and art collector Greg Hargrave has listed his penthouse atop the ultra establishment block, 99 Spring Street in Melbourne.
Encompassing <a href="https://www.realestate.com.au/property-apartment-vic-melbourne-123965822" target="_blank">the entire 25th floor</a>, the four bedroom, three bathroom apartment has a home office and an outdoor terrace that offers views over the CBD.
The renovation is not to everyone's taste.
He's owned it since paying $4.08 million in 2013.
The building was originally constructed in 1968 as one of the first purpose built residential buildings in the Melbourne CBD.
The penthouse was once owned by Robert Holmes á Court.
Since then the building has been transformed by Kerry Phelan of KPDO. The lift foyer comes with graffiti art by Anthony Lister. 
Expressions of interest close December 6 with Kay &amp; Burton agents Michael Gibson and Monique Depierre.
 
 
 
 
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Businessman Greg Hargrave lists Melbourne penthouse

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Rag trader Ray Pillion has listed his lavish Darling Point penthouse in the Washingtonia building.
The four bedroom, four bathroom home is one of only two villas in the prestigious boutique block that was built six years ago.
Architecturally designed by Jahn and Associates, the <a href="https://www.realestate.com.au/property-apartment-nsw-darling+point-123770602" target="_blank">two storey home offers an expansive 550 sqm</a>.
There are a number of outdoor entertaining areas, one with a swimming pool, the other overlooking the harbour.
There's no price guidance but it was listed last year with $8.5 million hopes.
D'Leanne Lewis at Laing + Simmons Double Bay and Michael Pallier at Sydney Sotheby's have the listing.
Pillion had paid $6.5 million for the home in 2010.
 
 
 
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Rag trader Ray Pillion lists harbourside Darling Point penthouse

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The Sydney CBD apartment of property developer John Boyd and his wife Marly has been described as the most impressive penthouse in Australia.
It is now gaining international recognition, having been announced as a finalist in <a href="https://www.internationaldesignexcellenceawards.com/finalist/sydney-penthouse-apartment/" target="_blank">the SBID International Design Awards 2016</a> in the residential design category costing over £1 million.
The bespoke decor was undertaken by the Sydney interior decorator, Blainey North.
Competition for the coveted prize comes from all over the world. The public can vote.
There's an apartment in One Hyde Park in London, the world's most luxurious residential apartment complex, among the finalists, as is the Haibo Sheshan Villa in Shanghai.
The prize is even being sought by the designers who fitted out a luxury 40 metre boat, formerly owned by fashion designer Roberto Cavlli.
The Boyd's apartment sits 43 storey's high above the ANZ Castlereagh Street office block which John Boyd sold to Grocon in 2013, while keeping the penthouse that overlooks Hyde Park.
Everything inside the three level apartment is custom made, including what's been described as the biggest rug in the southern hemisphere which was hand-sew back together as one piece.
North had only been contacted by Boyd with the intention of buying some of her custom-designed furniture, but after seeing the bare space she convinced the Boyd's to let her design it.
“I feel really comfortable designing this scale,” she told The Australian's Wish Magazine.
“The idea I tabled with them at [the first meeting] is that I felt there needed to be some sort of connecting [motif] and so we developed this idea of the black ribbon.
"It outlines and connects all of the different levels,” North explains.
She reckons the apartment even has a Batman feel to it, with the black ribbon effect which is made of wood with six coats of lacquer.
It comes down from the ceilings, traces the windows, turns into the bar unit, becomes the balustrade of the staircase and runs into the bedrooms where it becomes the bedside tables.
It ends on the top floor with its pool and cabana.
“We have been talking about Batman all through the design process,” North added.
“When you drive into the basement, you come into your own private lift and ride up into your apartment above a bank, which has views all around the city. 
"It is totally private, it’s totally secure and it’s kind of like this life in the sky in the middle of the city.”
The project adds to North's already impressive portfolio, having previously been commissioned for Nicole Kidman and Keith Urban's 798 sqm amalgamated penthouse high above Lavender Bay.
She's also designed office space for actor Russell Crowe.
She’s also been billionaire James Packer's preferred decorator overseeing the re-opening of the Conservatory buffet restaurant at Crown Casino in Melbourne. 
North, who married Russell Crowe’s personal assistant, Keith Rodger in 2011, is a fan of art deco.
Indeed her first home – sold in 2010 to model Lara Bingle at $882,000 – was in an art deco Darling Point apartment complex.
It was a renovated, one-bedroom unit with views which North had paid $700,000.
John Boyd's wife, Marly says Blainey had a much greater vision for the apartment as a whole entity.
"It has personality, it has homeliness, but it also pays great respect to the architecture which was always important to us.” 
Visitors are apparently greeted in the entrance hall with a built-in floor-to-ceiling wine fridge full of the world’s best bubbles.
"You will always be offered a glass of champagne," says Marly when you visit the Boyds’ incredible home in the sky.
This article was first published in the Saturday Daily Telegraph.
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Blainey North shortlisted in SBID Awards for Sydney penthouse design

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An off the plan Sydney penthouse has sold for $27 million to set a new Australian apartment record.
The sale of the penthouse in the planned Opera Residences development at Circular Quay comes just days after a buyer paid $26 million for another penthouse in the same development.
<img src="/images/2016/11/21/700_opera11.jpg" alt="">
The 20-level Circular Quay tower is to be developed by Macrolink Landream.
All but one of the 110 apartments sold before midday Saturday, including the remaining sub penthouse, which went for $16 million.
The $27m penthouse was sold through CBRE agent Tim Rees who also sold the $26 million apartment.
The $27 million deal was signed “unconditionally” and the buyer was a local.
<img src="/images/2016/11/21/700_opera22.jpg" alt="">
Construction of Opera Residences, on the site of the old Coca-Cola Amatil building, will start in April with a December 2019 completion.
The two Opera Residences penthouse prices beat the previous record for the most expensive Australian apartment set by Melbourne’s Australia 108 development, where a penthouse sold last year for $25 million.
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Now a $27 million off the plan penthouse sale on Macquarie Street

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The Inlet penthouse has been sold for $4,475,000 by the former professional motorcycle rider Craig Trinder and artist wife Helena Horsley.
The couple have lived in Main Beach's tallest highrise since 2004 upgrading four times to the penthouse in 2009 when they paid $3.5 million.
<a href="https://www.realestate.com.au/sold/property-apartment-qld-main+beach-123667890" target="_blank">Occupying levels 33 and 34</a>, the contemporary Breaker Street penthouse has three bedrooms and five bathrooms. There's 10 balconies including an entertainers' sky lounge with refurbished pool terrace with fireplace and spa.
Built by the Japanese developer, Daiwa in the early 1990s, it sold through McGrath Surfers Paradise agent James Ledgerwood.
Its gimmicky prior marketing saw it offered with a 2004 Ferrari Spider and a 2016 Aprilia motorbike, but not this time.
This article was first published in the Weekend Australian Mansion Australia property section.
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The Inlet penthouse sold for $4,475,000 at Main Beach

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Ramsay Health Care chief Chris Rex and wife Lynette have sold their Bondi Beach penthouse.
It was only last March that they bought it from the accountant Anthony Bell $7.35 million. 
A guide of $8 million was offered by the McGrath agent Bethwyn Richards.
Set in The Bondi, the 395 sqm apartment with 150 sqm rooftop had been recently leased at $3,750 a week. 
The long-time Bronte locals retained their hilltop home of almost two decades instead of making the move. 
This article first appeared in the Sunday Telegraph.
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Bondi penthouse of Ramsay Health Care chief Chris Rex sold

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The Opera Residences penthouse at Circular Quay has been sold off the plan for $26 million, setting a new Australian apartment record.
The four-bedroom abode sits atop the 20-storey Macquarie Street complex that will replace the Coke-Cola Amatil building. It works out to be $95,000 per sq m.
Title Tattle gleans the undisclosed "local" buyer also bought two of the three-bedroom apartments below taking her total purchases to $57 million.
The mother is said to have purchased the other two apartments for her children, CBRE whispers suggest.
<img class="attachment-full size-full" src="https://static.domain.com.au/domainblog/uploads/2016/11/15232049/2_grm7z4.jpg" alt="There have already been more than 5000 inquiries for the development, says CBRE's Tim Rees." width="750" height="421">
The 104 apartments of Opera Residences formally go on sale this Saturday. 
<img class="attachment-full size-full" src="https://static.domain.com.au/domainblog/uploads/2016/11/15232049/2_gsqh3i.jpg" alt="The Australian apartment record was previously held by the $25 million penthouse in the yet to be completed Australia 108 in Melbourne." width="750" height="419">
The Australian apartment record was previously held by the $25 million penthouse in the Fender Katsalidis-designed Australia 108 complex (above) in Melbourne through CBRE agent Andrew Leoncelli in 2015.
“It’s a party pad for him, it’s not a home, it will be a social residence,” he said.
“He’ll give it to his friends, he’ll come and gamble at the casino. It’s a toy in many respects for him. It’s something he’ll use for four weeks of the year and lie vacant for the rest.”
Sydney's highest price sale was officially recorded at $18 million last year at 1 Macquarie Street in the so-called Toaster complex.
Opera Residences' prices reportedly won’t be set until the Friday night before the sale, but one-bedroom apartments will start from $1.5 million, twos from $3.5 million and threes from $6.5 million.
The two other sales by CBRE's Tim Rees were at $87,000 per sq m and $82,000 per sq m.
Construction will start in April with completion due in December 2019 of the building being developed by a joint venture of China-based developers Macrolink and Landream.
It has been designed by Tzannes Architects in collaboration with Crone Partners.
 
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