Edgecliff

The luxury eastern suburbs apartment developer Clutch Capital has lodged plans for their latest residential development.&nbsp;

The group, who have a string of projects across Bellevue Hill, Bondi Junction and Rose Bay, will develop just seven apartments on a large 1470 sqm block at 440 Edgecliff Road.

PBD has handled the architecture, aiming to blend the new&nbsp;six-storey building seamlessly with the surrounding context.

Four three-bedroom apartments and three penthouse-size apartments will be on offer, each extending onto generously-sized balconies or terraces, positioned to flow from primary living spaces and take advantage of the sites northernly aspect.

A modulated facade will front Edgecliff Road, with a central void space at the lower ground floor and ground floor levels. Levels four to six will reduce the perceived external bulk and scale, with setbacks applied to the front, sides and rear of the building. 

Tying in with the Edgecliff locale, an exisiting sandstone wall will be preserved on the site, with masonry cladded blade walls used as a unifying element to the upper and lower levels of the building.

<img alt="Render of the proposed building" data-entity-type="file" data-entity-uuid="32c680f5-0bd3-41a1-bbf2-4e0fef3561ae" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-12-09%20at%209.44.16%20am.png?VersionId=qrODsE5LYByQ1C64pX5OiHq.CAjMLOEh" />

Cross flow ventilation has been maximised where possible, while overhang depths and recessed balconies will provide shade in the summer months and promote thermal heat gain during the winter months.&nbsp;

Energy efficient appliances and fixtures are provided with low maintenance, long lifecycle and reusable materials, with communal recycling and waste management facilities are provided for on-site rainwater detention and re-use.

A close collaboration with renowned landscape architect Myles Baldwin has resulted in a synthesis of building design and it's natural surroundings, with the landscape design drawing upon the unique ecological character of Edgecliff. 
 
A communal open space will also be featured in the project, complete with a pool, lounge and outdoor seating, in addition to landscaped areas which have been created to promote social interaction and create a sense of community within the building.&nbsp;

The site is also located within close proximity to a number of convenient facilities including public transport, supermarkets, educational and leisure facilities as well as schools and healthcare.&nbsp;

Clutch are behind Bellevue Hill's newest project MIRA, as well as NOVE, DUSK and OPUS in Rose Bay, and BRONTE and PORTER in Bondi Junction.

PBD has handled the architecture, aiming to blend the new six-storey building seamlessly with the surrounding context

alisonwarters@gmail.com

Luxury developer Clutch Capital lodge plans for Edgecliff apartments

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There was a $1.87 million sale at auction last weekend when arts festival veteran Josephine Ridge sold her Edgecliff apartment.
The top floor walkup in the tightly held Art Deco block, Mount Stewart had been listed through Phillip Pantzer Donnelley agents Debbie Donnelley and Nick Quigley with $1.7 million price guidance.
Ridge, who recently completed a three year term as artistic director of the Melbourne arts festival, is off to Toronto, Canada to run the Luminato festival. 
Ridge has three decades working in the arts world, best known for her 10 years at the Sydney Festival, following jobs at Melbourne's Playbox theatre, the Australian Opera, Australian Chamber Orchestra and the Australian Ballet.
The house size Edgecliff Rd apartment has three bedrooms and two living rooms.
Reminiscent of a New York brownstone, the eight eight apartment Mount Stewart complex was built in 1916 resplendent with Queensland maple panelling.
It was designed by architects Halligan and Wilton.
This article was first published in the Sunday Telegraph.
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Arts festival veteran Josephine Ridge sells Edgecliff apartment

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The long-time Edgecliff home of the late Lady Marjorie Pagan, one of Sydney's grandest dames, has been listed.
Pagan resided in<a href="https://www.realestate.com.au/property-apartment-nsw-edgecliff-123520486" target="_blank"> the townhouse</a> for around four decades, after spending the prior decades in Point Piper with her company director husband, Sir Jock Pagan who had died in 1986.
It was in June last year when Lady Pagan died, aged 91, one week after a stroke.
The garden apartment comes with two bedrooms, two bathrooms and a study. It was filled with books and flowers.
The September 26 auction listing through Georgia Cleary at BradfieldCleary includes approved plans for a one bedroom studio.
French doors lead from the kitchen to a north-facing, stone-flagged verandah which overlooks the swimming pool and level lawn.
For decades Marjorie presided over the salon. Her retreat was the famed Kennerton Green, Mittagong estate.
Marjorie Hoskins was born at Windarra, her parents' house at Marrangaroo, near Lithgow, the youngest of six children of Sir Cecil Hoskins and his wife, Dorothy.
She sprang from a line of successful, philanthropic, industrialists and builders.
In 1924 the family moved to the gabled Hillside in Edgecliff then into Invergowrie at Exeter, a new house designed by her uncle. 
This article was first published in the Sunday Telegraph.
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Poolside Edgecliff townhouse offering

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The long-time Edgecliff home of the late Lady Marjorie Pagan has sold for $3,595,000. 
<a href="https://www.realestate.com.au/sold/property-apartment-nsw-edgecliff-123520486" target="_blank">The two bedroom, two bathroom garden apartment</a> with study was last traded in 1976 for $142,500.
Always filled with books and flowers, French doors lead from the kitchen to a north-facing, stone-flagged verandah which overlooks the swimming pool and lawn.
The sale through BradfieldCleary agent Georgia Cleary came after her death in June last year. Her husband Sir Jock Pagan had died in 1986.
Marjorie was the youngest of six children of Sir Cecil Hoskins and his wife, Dorothy, from a long line of successful, philanthropic, industrialists and builders.
This article was first published in the Saturday Daily Telegraph.
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Edgecliff home of late Lady Marjorie Pagan sold

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The Longhurst Group, has made its first purchase, buying the Edgecliff Centre, in Sydney's eastern suburbs for $138.75 million.
Longhurst, which is backed by local investors, is headed by former Mirvac executive, Paolo Razza.
The 1970s Edgecliff Centre consists of retail space plus a six-story office building, with a total floor area of 10,845 sq m. 
The sale on the current income reflects a yield of 3.72 per cent. 
It was sold by Hong Kong-based vendor, Lee Tai Enterprises. The adjoining East Point is owned by the Pollack family.
Longhurst has a further $500 million to invest.
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Edgecliff Centre sold at $138 million to Longhurst Group

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The classic Edgecliff trophy home Carmel, that has had a who's who of owners, has hit the market with $19 million hopes.
Designed by renowned architect F.Glynn Gilling, the 1930s Mediterranean inspired villa comprises five bedrooms and five bathrooms.
It offers 180 degree views across Sydney Harbour from its 1291 sqm elevated parcel.
Nearby Woollahra’s $16.5 million record was set last November when Listowel was sold by business Costa Vrisakis to the Levy family.
<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/2017/04/27/Carmel2.jpg" alt="" width="454" height="269">
The home with original period detailing sits privately amid manicured gardens, sprawling level lawn, swimming pool and a number of established trees including frangipanis, magnolias, citrus.
Gilling's highly acclaimed design characteristics are still identifiable, with the grand entry foyer, sweeping staircase, ornate marble fireplaces and circular terraces.
It's played home to the likes of the Murdochs, the late newspaper figure Rupert Henderson, mogul Ezra Norton and the Penfolds-Hyland clan. 
It was built in the 1930s for prominent stockbroker Stanley Utz.
<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/2017/04/27/Carmel3.jpg" alt="" width="449" height="272">
The home's more recent history saw it sell in 1987 when Hong Kong bank director Warren Kitson, who at the time was building Wallaroy House in Woollahra, paid around $2.6 million.
He went on to sell the home three years later for $3.25 million in 1990 when bought by the Mellick family.
They in turn sold the home to Roche Group managing director Dominic Roche and wife Kathryn Mellick in 1999 at $4.5 million.
Just two years later the Roche's made a quick profit, flipping the house for $6,775,000.
The current vendors are Greenstone Partners founder and executive chairman Scott Malcolm and his wife Jane Taylor.
They downsized to Elizabeth Bay last year, securing themselves an $8.55 million Billyard Avenue apartment.
 
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Edgecliff trophy home Carmel listed for the first time in 16 years

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Investment banker Scott Malcolm and his wife Jane Taylor have reportedly sold Carmel in Edgecliff for more than $15 million.
The classic Edgecliff trophy home Carmel has had a who's who of owners.
Its trophy sale price fell well short of the $19 million originally sought when it was <a href="https://www.urban.com.au/news/69320-edgecliff-trophy-home-carmel-for-sale-for-first-time-in-16-years" target="_blank">listed in April through Sothebys</a>.
The 1930s house with distinctive art deco and Mediterranean villa touches is set on 1290 square metres, designed by F. Glynn Gilling for prominent stockbroker, Stanley Utz.
<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/2017/10/24/Carmel21.jpg" alt="">
The founder of the Daily Mirror newspaper Ezra Norton bought it in 1959 for £17,000.
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<div>The executive chairman of Greenstone Partners and his wife are moving to Elizabeth Bay, where they paid $8.55 million last year for a penthouse once owned by Hermes Australia boss Karin Upton Baker and her husband Gary Baker. soon after he married his secretary Emma “Peggy” Morrison.</div>
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Businessman John Mellick and his wife Gemile bought it in 1990 for $3.25 million, transferring it to their daughter Kate and her husband Dominic Roche, of the Nutrimetics family for $4.5 million in 1999.
The Roches sold it to Malcolm in 2001 for $6,775,000 it set a suburb record.
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Edgecliff's Carmel sale price falls well short of $19 million hopes

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The Babington-Lees family, seeking to capitalise on strong market conditions, have listed a block of 11 units in Edgelicff that they have owned for nearly 80 years.
The art deco building cost £29,000 in 1938, three years after it was built.
The property is expected to fetch about $20 million when expressions of interest close November 30 through CBRE and Ray White.
Eynesbury, at 22 Albert Street, Edgecliff, has a rental return of $690,000 a year.
It includes 10 three-bedroom units each of about 164 square metres each.
There is one 400-square-metre penthouse, with harbour views.
The neighbouring house sold this week when investment banker Scott Malcolm and his wife Jane Taylor secured<a href="https://www.domain.com.au/news/investment-banker-scott-malcolm-sells-edgecliff-trophy-home-for-15-million-20171023-gz65uo/?benref=smh" target="_blank"> $15 million for their trophy home Carmel</a>.
The building was on one title, on a 1296 square metre parcel, which could potentially be converted to strata for onsale.
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Eynesbury, the art deco Edgecliff apartment block listed for the first time since 1938

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The Babington-Lees family, capitalised on strong market conditions, securing $33.25 million when their block of 11 units in Edgecliff went to auction tonight.
They have owned it for nearly 80 years.
The top bidder was wearing a cap promoting Woollahra's Hughenden Hotel, which recently sold to former Glencore executive, Vaughan Blank.
The underbidder for the trophy asset was wearing a polo shirt promoting Quantum, which is connected to the Burcher family who sail the yacht Quantum.
Michael Lowry bid to the low $30 millions. Eduard Litver did not place any bids. Richard Sheinberg attended the 6.30pm auction. Developer Philippe Remond had hoped to be in the mix.
Bidding opened at $15 million, with the agents having taken through around 200 groups during its marketing.
Auctioneer James Keenan formally announced it on the market when bidding passed $30 million.
The art deco building (above) cost £29,000 in 1938, three years after it was built.
The property was expected to fetch about $20 million when expressions of interest through CBRE and Ray White Double Bay were opened.
An unprecedented level of interest saw the campaign swapped to an auction sale.
Eynesbury, at 22 Albert Street, Edgecliff, has a rental return of $690,000 a year.
It includes 10 three-bedroom units each of about 164 square metres each.
There is one 400-square-metre penthouse, with harbour views. 
 
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Eynesbury, the tightly held art deco Edgecliff apartment block sold for $33.25 million

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The late Ainsley Gotto’s stylish Edgecliff apartment, which has views of Sydney Harbour, has now been listed for July 10 auction following the recent sale of its furnishings and artworks.
The former public servant who passed away in February is best remembered when serving as prime minister John Gorton’s principal private secretary in the late 1960s.
Georgia Cleary, of BradfieldCleary, has <a href="http://bradfieldcleary.com.au/6832508/1-363-edgecliff-road-edgecliff" target="_blank">the listing of the Mount Stewart complex apartment</a>, after instructions from the estate’s executors, retired politician Helen Coonan and solicitor Nicholas Eddy.
There is $1.5 million price guidance. 
Spanning 155 square metres, it comes with three bedrooms and two bathrooms at 1/363 Edgecliff Road.
Gotto, who had the personal motto prudens simplicitus (prudent simplicity), purchased the apartment in November 2007 for $1.2 million.
<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/2018/5/28/gotto.jpg" alt="">
Auctioneers Lawsons are sold<a href="http://www.lawsons.com.au/asp/searchresults.asp?pg=2&amp;ps=100&amp;sale_no=8800" target="_blank"> the contents of her Edgecliff Road apartment</a>.
There were portraits of Gotto among the 262 lots on offer, including an elegant June Mendoza painting (above) which fetched $15,000 when sold to a family member after the National Portrait Gallery rejected its donation.
d<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/2018/5/28/GOTTO2.jpg" alt="">
 
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