Darlinghurst

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A converted warehouse apartment by famed Allan Jack+Cottier at <a href="https://www.realestate.com.au/sold/property-apartment-nsw-darlinghurst-132756978" target="_blank">15-19 Boundary Street</a> was sold today.
The modern Darlinghurst apartment was sold on site through Bresic Whitney for $880,000. 
The one-bedroom apartment features double-height, floor-to-ceiling glass, oak floorboards, fully-tired bathroom, and laundry, intercom entry, and a parking space on the edge of Sydney. 
The former stocking factory was bought during the height of New York's warehouse trend and redeveloped into residential spaces.
A 1949 survey map reveals the 15-19 Boundary Street factory site was known as the Lustre Hosiery Limited who employed a large number of women to work the manufacturing machinery to make stockings, socks, pyjamas. The company existed from the 1920s to the 1960s, and its warehouse has been preserved ever since.
It became apart of the October 15, 1929 edition of The Textile Journal of Australia which is available in the photographic archive of the Mitchell Library, NSW.
<a href="https://www.rwebay.com.au/9-15-19-boundary-street-former-warehouse-rushcutters-bay/" target="_blank">Professional heritage consultant, Andrew Woodhouse</a> explains that the "large concrete pylons are evidence of the strength of the floors required to support heavy industrial machinery.
"Large metal-framed windows are retained and indicate the n need for natural light, a safety requirement for women labouring on the factor floor."
 
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Converted warehouse apartment in Darlinghurst sold 

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It comes as no surprise that <a href="https://www.walkscore.com/AU-NSW/Sydney" target="_blank">Walk Score's list</a> rates Sydney as the most walkable large city in Australia. 
The waterfront city has also been deemed <a href="https://images.arcadis.com/media/0/C/0/%7B0C0BECF6-FA5B-49B2-B332-900D50833DEE%7DAAP_MOBILITY%20INDEX_spread.pdf?_ga=2.141593266.1201163471.1579477286-416334874.1579477286" target="_blank">the second most transit-friendly</a> in the country behind Brisbane and in-front of Melbourne. Sydney provides a wide range of transport with ferries, trains, metro and the recently welcomed light rail amongst the many options available. 
Opportunities to cycle have also risen as the city's biking infrastructure has improved in recent years. Significantly more councils have bike lanes with <a href="https://www.cityofsydney.nsw.gov.au/explore/getting-around/cycling/dockless-bike-sharing" target="_blank">stationless shared bikes</a> located and accessible across the city.
<a href="https://mobike.com/au/download" target="_blank">Mobike</a> and <a href="https://www.li.me/en-us/home">LimeBike</a> operate in multiple suburbs and can be tracked and paid on their website and app. LimeBike have, since late 2018, provided <a href="https://www.li.me/electric-assist-bike" target="_blank">electric assisted bikes</a> which has helped encourage more users. 
Sydney is also diverse, home to nearly 200 nationalities, and offers a unique cultural experience with its range of cuisine, museums, galleries, and beaches. 
These are all of metrics Walk Score takes into account when deciding the rankings for each of Sydney's neighbourhoods. Without further ado, here are the <a href="https://www.walkscore.com/AU-NSW/Sydney" target="_blank">top neighbourhoods</a>. 
<h2>1. Haymarket </h2>
Walk Score: 99 | Population: 5,365
"Haymarket is a Walker's Paradise", states Walk Score. "Daily errands do not require a car in Haymarket Sydney." 
Adjacent to Darling Harbour, Haymarket includes much of Sydney's Chinatown, Thaitown and Railway Square localities. 
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2020/1/20/1_HAYMARKET%20PADDYS.jpg" alt="" width="557" height="338">
Amongst the neighbourhood's many perks, the proximity of restaurants, bars and coffee shops is highly regarded. There are about eight restaurants, bars and coffee shops, and people in the area can walk to an average of two restaurants, bars and coffee shops in five minutes. 
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2020/1/20/2_Haymarket.jpg" alt="" width="557" height="338">
Source: WalkScore 
<h2>2. The Rocks </h2>
Walk Score: 98 | Population: 683
This neighbourhood of historic laneways in the shadow of Sydney Harbour Bridge, has a diverse cluster of people. Interaction mainly takes place at the open-air Rocks Market where street food and handmade items are sold. 
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2020/1/20/2_THE%20ROCKS%20MARKET.jpg" alt="" width="553" height="336">
Source: <a href="https://www.timeout.com/sydney/things-to-do/the-rocks-night-markets" target="_blank">TimeOut</a>
The Rocks is home to Sydney's oldest pubs and many upscale harbour-view restaurants. 
This hub of culture is an urban stage of buskers who perform live along the harbour front promenade. The Museum of Contemporary Art offers local and international exhibits. 
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2020/1/20/2_Rocks.jpg" alt="" width="555" height="337"> 
Source: WalkScore 
 
<h2>3. Sydney </h2>
Walk Score: 98 | Population: 14,287
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2020/1/20/3_Sydney.jpg" alt="" width="550" height="334">
Source: WalkScore 
 
<h2>4. Ultimo</h2>
Walk Score: 98 | Population: 7,106
Located in the inner-city suburb of Sydney, Ultimo is only 2 km south-west of CBD. Broadway is amongst the many attractions of the neighbourhood as well as a range of heritage listed buildings. 
The corporate headquarters and Sydney studios of the Australian Broadcasting Corporation (ABC) are located in Ultimo Centre which houses an auditorium and recording stood. TCS, NITV and Aurora are also located at Ultimo Centre. 
<img src="https://www.urban.com.au/images/2020/1/20/3_Ultimo.png" alt="" width="552" height="335">
Source: WalkScore 
 
<h2>5. Surry Hills </h2>
Walk Score: 97 | Population: 15,379
A constantly evolving area, Surry Hills is notorious for its in-trend scene and cafe culture.
Hip coffee joints, fashion boutiques and global eateries can be found in terraced houses on Crown and Cleveland streets.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2020/1/20/4_SURRY%20HILLS%20CAT%20WALL.jpg" alt="" width="552" height="335">
Source: <a href="https://www.piqsels.com" target="_blank">Surry Hills Cat Wall</a>
This trendy neighbourhood is home to pubs, wine bars, galleries and the Surry Hills Library. 
There is a Surry Hills Market held once a month where street food and vintage goods can be found. 
 
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2020/1/20/4_Surrey%20Hills.jpg" alt="" width="553" height="336">
Source: WalkScore 
 
<h2>6. Chippendale </h2>
Walk Score: 97 | Population: 4,069
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2020/1/20/6_Chippendale.jpg" alt="" width="545" height="331">
Source: WalkScore 
 
Following shortly behind are the following:
<h2>7. Millers Point </h2>
Walk Score: 96 | Population: 1,742
<h2>8. Darlinghurst </h2>
Walk Score: 96 | Population: 10,096
<h2>9. Newtown</h2>
Walk Score: 95 | 14,142
<h2>10. Rushcutters Bay </h2>
Walk Score: 94 | Population: 2,378
 
 
 
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Sydney's most walkable neighbourhoods

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The no-pet ban in Darlinghurst's landmark Horizon tower has potentially been overturned.
The NSW Civil and Administrative Tribunal (NCAT) ruled the ban should be scrapped immediately.
It has been there, and strictly enforced, since the building's off the plan inception.
It had been a four and a half year campaign by a dog owner who had moved in to the block with her miniature schnauzer Angus in 2015.
The by-law was been described as "harsh, unconscionable and oppressive" by NCAT senior member Gregory Burton.
He has ordered the owners corporation “promptly to do all acts necessary to record the removal of bylaw 14”.
Architect Mark Broadley, the current chair of Horizon's Owners' Corporation, isn't sure whether Horizon will challenge the decision.
He says it will be up to the owners, he told Nine Entertainment.
Last month the nearby Elan building saw its no-pet policy overruled by NCAT with the body corporate indicating would challenge the decision.
 
 
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Horizon, Darlinghurst pet ban ruled unconscionable by NCAT

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Former NRL champion Jarryd Hayne finally secured the sale of his Darlinghurst investment terrace on the weekend.
Hayne secured the deal after he reduced the asking price for a third time to $2.2 million last month, with the buyer paying $2.15 million. It was initially offered in July with $2.35 million hopes.
The two-time Dally M Medal winner had recently sought to have it rented out at $1100 a week.
The renovated terrace cost $1.58 million in 2013. The three-bedroom, two-bathroom 1890s property was bought when the suburb’s median house price was $1.05 million.
The current median for three-bedroom Darlinghurst terraces sits at $2 million, according to realestate.com.au, which tallied just 10 similar house sales over the past year.
Adam Regan and Ellen Trojkovic at the Our Estates agency were marketing the three-level terrace as “a chic inner-city haven”.
The West Avenue property was the priciest property in a portfolio that totalled $5 million at its 2013 peak exposure.
Hayne is currently in Perth, living and training with an evangelical Christian ministry organisation, Youth With A Mission, on a six-month course. He is on bail for aggravated sexual assault charges relating to an alleged incident in the Hunter Valley on grand final night last year.
Hayne, who contests the charges, has been excused from attending court until the call-over date in April next year.
Sydney estate agents reported 436 weekend auction sales, adding to the 1300 private treaty sales of the past week across NSW. CoreLogic calculated that the clearance rate dipped to 78%.
The priciest Saturday result was on Marine Parade, Maroubra, which sold for $7 million through Phillips Pantzer Donnelley agent Alexander Phillips. The four-bedroom 1950s home on a 544 square metre block was offered for the first time in half a century with a $6.5 million guide.
Home loan arrears listings continue to decline, according to Standard &amp; Poor Global ratings. The latest Australian prime mortgage defaults data showed a decline in the Standard &amp; Poor’s Performance Index (SPIN) to 1.36% in September down from 1.41% a month earlier.
The report warned self-employed borrowers could put pressure on mortgage arrears in any weakening economic environment, given the greater sensitivity of business cash flows.
NSW arrears fell. However, arrears rose in Western Australia, South Australia and Tasmania.
S &amp; P noted that “stronger refinancing activity and recent tax cuts are having a positive effect on debt serviceability”.
The improvement was more pronounced for owner-occupier loan mortgage arrears, which declined to 1.58% from 1.61% a month earlier.
Mortgage arrears on investor loan remained unchanged at 1.38%.
This article first appeared in The Daily Telegraph.
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Jarryd Hayne secures $2.15 million Darlinghurst buyer

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The largest single level apartment in Sydney, on the 40th level of the Horizon building in Darlinghurst, has been sold to media heiress Francesca Packer-Barham.
The apartment was recently recreated by Melbourne's MIM Design who were commissioned by the Graham family to design the luxury apartment. 
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<img src="https://www.realestate.com.au/blog/images/1600x1600-fit,progressive/2019/02/13000100/capi_7d65a0d9dfc2f565f2d7924da3ef89c9_7e0c0ff284893174439debdbf4825c03.jpeg" alt="" data-capiid="7e0c0ff284893174439debdbf4825c03">The whole floor sub-penthouse, spanning 565 sqm of internal floor space, has four bedroom, each with a marble ensuite, as well as self-contained quarters with its own living room, kitchen, bedroom and bathroom.
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There are three separate living areas, one with a fireplace, as well as a media room.
Herringbone Oak floors and Cote D’Azure marble feature throughout.
The apartment also has the latest in mod cons, with keyless entry, facial recognition and automated doors.
Entry to the apartment is through a lavish marble and brass private lift lobby. 
It was listed with $20 million initial hopes.
The renovation was almost a year-in-the making for the 565 sqm of internal space.
It has 710 sqm including balconies and garaging. 
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<img src="https://www.realestate.com.au/blog/images/1600x1600-fit,progressive/2019/02/13000105/capi_7d65a0d9dfc2f565f2d7924da3ef89c9_d2e31bced7feebbc2cc980f499924964.jpeg" alt="" data-capiid="d2e31bced7feebbc2cc980f499924964">The recent auction of the five-bedroom, five-bathroom apartment with eight-car garage failed to attract any bids with just the two registered bidders, one of whom was asked for proof of funds.
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The Melbourne-based Graham family bought the empty shell for $9.83 million in 2017.
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<img src="https://www.realestate.com.au/blog/images/1600x1600-fit,progressive/2019/02/13000113/capi_7d65a0d9dfc2f565f2d7924da3ef89c9_82e8b3bd19e0555b01fe1b113056cfae.jpeg" alt="" data-capiid="82e8b3bd19e0555b01fe1b113056cfae">Mim Design told The Wentworth Courier their vision was to pay homage to Harry Seidler who designed the tower.
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The developer Bob Ell once owned it selling it for $6.7 million in 2009.
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Media heiress Francesca Packer-Balham buys level-40 penthouse in Darlinghurst’s Horizon for $16 million

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A trophy office block in the heart of Darlinghurst is set for a big sale.
The seven level A-grade office block at <a href="https://www.realcommercial.com.au/for-sale/property-19a-boundary-street-darlinghurst-nsw-2010-503366798" target="_blank">19a Boundary Street</a> last traded for $63.5 million in 2017 when it was bought by Haben Property Fund.
It was in 2000 that the warehouse was converted and repurposed as office space, with notable tenants such as creative agency Collider and celebrity chef Donna Hay.
There are 53 tenants in total, with a mix of office and ground level retail and cafe spaces.
Mercer Property and CBRE have been jointly appointed to sell the property that fully leased offers a total lettable area of 6,500 sqm, including a ground floor retail showroom.
It also has secure parking for up to 51 vehicles.
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The net passing income is $4,380,311.22 annually, with a rare five per cent annual increase on leases.
The building was recently upgraded, with a new lift and an upgrade of all amenities.  
CBRE agent Harry Georges is marketing the property in conjunction with Mercer Property's Tom Speakman and Matt Davoren.
Georges said he is expecting significant investor interest.
“With low supply and high demand, office vacancy rates have reached record lows across Sydney,” Georges said.
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“The vacancy rate on the city fringe has contracted for the third consecutive year to circa 3%, the lowest rate of any commercial market in Australia. 
"This is underpinning interest in assets like 19a Boundary Street, which offer strong fundamentals and a diverse tenancy mix.”
George noted that commercial buildings in Darlinghurst were in high demand but rarely brought to market.
“19a Boundary Street also offers significant upside, with scope for a considerable uplift in the existing rents and potential for a future exit strategy via a strata subdivision,” Mr George said.
“Given the building’s location, a conversion to a boutique hotel would be another possibility subject to the relevant planning approvals.”
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Mercer Property agent Tom Speakman said creative buildings are in short supply.
“The Sydney market is experiencing above-average demand for heritage and creative stock,” Speakman said.
“As the lines between work and play continue to blur, occupiers are increasingly looking to grow their businesses and retain talent in creative commercial spaces such as 19a Boundary Street, which are surrounded by superior amenity and new restaurant and bar concepts.”
“The building’s tenancy profile has the potential to provide either an owner-occupation opportunity or allow an incoming purchaser to rework a large portion of office space.
“Leasing to a single, whole building tenant or whole floor tenancies offers the advantage of picking up an additional 15% of net lettable area – all while bringing rents up to market.”
 
 
 
 
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jrobinson-rf4aSBido9

Darlinghurst trophy office block set for big sale

Madison Ashton, the Sydney escort who was the late Dick Pratt’s mistress, has sold her second chic Darlinghurst apartment in two months.

The two-bedder that featured plush Ellie Cashman wallpaper fetched around $950,000.

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Ashton, who hails from Victoria, has indicated she plans to move to the CBD.

The listing was offered via Sale­By­HomeOwner.com.au, an Australia-wide service for owners selling their own properties.

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Ashton’s Crown Street apartment was bought in 2011 for $677,500. It had been an $800-a-week rental through Phillips Pantzer Donnelley.

She <a href="/news/two-of-darlinghursts-most-colourful-characters-crown-street-properties-listed">recently sold another neighbouring apartment</a> at $1.1 million, which had Greg Natale finishes installed after her company paid $735,000 for it in 2012.

This article was first published in the Sunday Telegraph.&nbsp;

Madison Ashton, the Sydney escort who was the late Dick Pratt’s mistress, has sold her second chic Darlinghurst apartment in two months.

Escort Madison Ashton sells second Darlinghurst apartment

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The Darlinghurst investment property of former NRL star Jarryd Hayne has had its asking price trimmed a tad.

Initially offered with a $2.35 million asking price in July, the property is now listed with a reduced guidance, down $75,000 to $2.275 million.

There is still plenty of profit there for the two-time Dally M Medal winner who paid $1,585,000 for the three-bedroom, two-bathroom 1890s property six years ago when the median house price in Darlinghurst was $1.05 million.

[smartcode_project:default project_id=6798]

The current median for three-bedroom Darlinghurst terraces sits at $2 million, according to realestate.com.au, which tallied 53 house sales last year at an overall $1.8 million median. It has always been a rental property.

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Our Estates agents Adam Regan and Ellen Trojkovic are marketing the three-level terrace as “a chic inner-city haven”. The property has rear-lane access for a car.

The property is the priciest property in a once-imposing portfolio for Hayne that totalled around $5 million at its 2013 peak.

Hayne is currently in Perth, living and training with an evangelical Christian ministry organisation, Youth With A Mission, on a six-month course. 

This article first appeared in The Sunday Telegraph. 
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Jarryd Hayne cuts Darlinghurst terrace asking price

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A two bedroom top floor apartment within the iconic Mont Clair in Darlinghurst has hit the market.
It has been offered by Anthony Birdsall from Laing Real Estate Elizabeth Bay. 
Built in 1938, Mont Clair is Heritage listed by the City of South Sydney and is included in the Royal Australian Institute of Architect's register of Twentieth Century Buildings of Significance.
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Set on the 6th floor, the north facing apartment at 61/347 Liverpool Street comprises two bedrooms, stainless steel kitchen, and spacious living area. 
Other highlights of the apartment include mosaic tiled floors in the kitchen and bathroom, Art Deco features in bathroom and dish drawer.
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The building features refurbished Art Deco foyer, lift access, and shared rooftop garden with outdoor furniture and views of the CBD, Sydney Harbour and Darlinghurst,. 
Located in vibrant Darlinghurst, it is only a short walk to the city, harbour foreshores, shopping precincts, cafes, and restaurants.
 
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Darlinghurst top floor apartment in the Art Deco Mont Clair hits the market

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Former NRL star Jarryd Hayne has listed his Darlinghurst investment property with a $2.35 million asking price.
The property is the priciest investment in a once imposing portfolio that totalled $4.8 million on 2013 peak exposure.
The two-time Dally M Medal winner paid $1,585,000 for the two-bedroom, two-bathroom property six years ago.
It has always been a rental property. Our Estates agents Adam Regan and Ellen Trojkovic are marketing the 1890s three-level terrace as “a chic inner city haven”.
Hayne’s former Paddington home nearby sold for $2.85 million in 2017, almost double the $1.13 million he paid in 2013 before renovating.
Hayne is currently on bail for aggravated sexual assault charges relating to an alleged incident in the Hunter Valley on grand final night last year.
In May it was reported that he was negotiating a settlement payout in a US civil rape case related to his NFL stint.
This article was first published in the Saturday Daily Telegraph. 
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