Kirribilli

Award-winning, sustainable developer Stable Properties is set to take on a rare new development in&nbsp;one of Sydney’s most prestigious enclaves.

Stable, led by founding directors&nbsp;Ed Horton and Danny Flynn, have created a point of difference in the development space, looking to&nbsp;restore and redefine existing buildings and heritage properties.&nbsp;

Finalists in the Property Council of Australia’s Awards for Best Heritage Development, are seeking to recycle&nbsp;a dated mid-century red-brick building in the exclusive suburb of Kirribilli.&nbsp;

<a data-entity-type="file" data-entity-uuid="d329a7e8-497e-4b1a-b6c9-6e78f354a274" href="https://www.urban.com.au/new-apartments/20-22-waruda-street-kirribilli"><img alt="Render of the Kirribilli development " data-entity-type="file" data-entity-uuid="d329a7e8-497e-4b1a-b6c9-6e78f354a274" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-11-29%20at%203.37.27%20pm_0.png?VersionId=ezYClbqMXYNWeKKqOpGHwegV5EmoxJi_" /></a>Render of the Kirribilli development on Waruda St.

Taking up a prime corner site at 20 Waruda Street, the project will look to keep in with the surrounding 20th Century Art-Deco architecture, with the current building kept intact, restored to provide a modern facade, along with additional and extended floorspace.&nbsp;

Designed by Nettleton Tribe, a clearly defined two-storey base forms a podium which integrates the steep sloping topography of the site, along with defining the public domain and improving the streetscape character.&nbsp;

Seven whole-floor, three-bedroom apartments will be delivered across the project, with each residence generously proportioned, spanning 233 sqm.&nbsp;

Each of the apartments will feature solar panels, battery storage and EV chargers, making it one of the first sustainable high-density development, with next generation smart technologies set to be included as well.&nbsp;

Oriented and designed to maximise on the sweeping southern views, each residence will extend to expansive balconies which take in the Sydney Harbour, The Opera House, the Sydney CBD and the Harbour Bridge.

“This size of apartments, together with their quality and sustainable characteristics, is rare and as a result, will add further to the product diversity in this precinct, supporting identified demand,” Nettleton Tribe said in their application plans.&nbsp;

<a data-entity-type="file" data-entity-uuid="dc17336a-9ef1-4602-a8b8-ffc3b1668506" href="https://www.urban.com.au/new-apartments/20-22-waruda-street-kirribilli"><img alt="Render of the Kirribilli development on Waruda St with views to Sydney Harbour" data-entity-type="file" data-entity-uuid="dc17336a-9ef1-4602-a8b8-ffc3b1668506" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202022-11-29%20at%203.38.02%20pm.png?VersionId=6JoptRSu7MVN37727qVvKSz9Hr8idYB5" /></a>Render of the Kirribilli development on Waruda St with views to Sydney Harbour.

“Demand for large three-bedroom-plus apartments, to replace impressive family homes, particularly from the Upper North Shore, is growing and market availability is rare and limited.”

“These apartments will fill this gap and add to apartment diversity within the immediate area.”

The proposed architectural language, being conscious of the sensitivities within the Heritage Conservation Area of Kirribilli, is contemporary with an emphasis on simple expression of forms and materials.

A layering of elements add texture and visual interest to the facade, while a considered palette creates a juxtaposition to the adjacent buildings.&nbsp;

Previously Stable developed The Burcham in Rosebery, the regeneration of the old Wrigley’s factory.

[smartcode_project_cta:default project_id=136999]

Stable, led by founding directors Ed Horton and Danny Flynn, have created a point of difference in the development space, looking to restore and redefine existing buildings and heritage properties

alisonwarters@gmail.com

First look: Stable Properties lodge plans for new Kirribilli apartments

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Art collector Lisa Paulsen and her husband, retired shipping executive Egil Paulsen, have listed their waterfront Kirribilli apartment.
The have expectations of an $11.5 million record for the three-bedroom apartment set in a block of six.
The north-facing waterfront apartment with boat facilities on Elamang Avenue apartment cost $5.5 million in 2014.
David Gillan, of Ray White, has scheduled a December 3 auction.
Kirribilli’s apartment record is $10,796,400 for an apartment bought by PNG expat Ingrid Richardson, an associate of former PNG prime minister Peter O’Neill, two years ago.
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firstname1-iYD4UYzvBa

Art collector Lisa Paulsen lists Kirribilli luxury apartment

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The Kirribilli apartment of the MAFS star Cameron Merchant, was sold post-auction earlier this month. 
The one bedroom had been passed in at $875,000 at its lacklustre June auction.
Merchant, who is still with his now-pregnant wife from the Channel Nine show Jules Robinson, got just the two bids.
Jordan Black and Nigel Mukhi, from DiJones Chatswood, had the listing.
Their discussions appeared serious as he stared down the prospect of a serious loss on his investment.
Negotiations continued for 80 minutes after the auction.
The pair married properly after the 2018 series concluded.
Merchant bought the property for $941,000 in 2017, before he took part in the Channel Nine experimental show.
At the time he was working for cricket bat brand Spartan and was playing first grade cricket for Manly.
He was expecting to make a loss on the one bedroom Fitzroy Street unit, with around $900,000 being sought in its pre-auction price guidance. 
The mildly art deco Nottingham block has 12 units with its last one bedroom sale last December at $900,000.
The pair are said to be looking to upsize together.
Merchant also owns an investment apartment in Dee Why he bought for $720,000 in 2014.
This article was first published in the Sunday Telegraph. 
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Married at First Sight's Cameron Merchant sells Kirribilli apartment

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His heart has long been at Collaroy Beach but increasingly it appears Sea Eagles coach Des Hasler’s head is in Kirribilli.

The NRL legend, who played more than 300 first grade games including two premiership wins, bought a two-bedroom Federation-style harbourfront apartment in Kirribilli for $3.1 million.

Agent chatter on the lower north shore cannot confirm if Hasler and his wife Christine will leave behind the northern beaches home they have lived in since 2014 to downsize in Kirribilli.

But one thing is certain, the harbourside suburb is an attractive investment for the footy coach.

[smartcode_project:default project_id=7317]

Hasler bought a five-bedroom Victorian terrace in prestigious Carabella St, Kirribilli in December 2014 for $5.01 million and flipped it 18 months later after a thorough renovation for $6.2 million.

His latest investment in Holbrook Ave is in the 1918 boutique block The Walder and features high ceilings, oak floorboards and a bay window overlooking the harbour across to the eastern suburbs.

But it is unlikely Hasler will leave behind his long-term home right on the sand at Collaroy Beach, a postcode he shares with fellow NRL legends Matty Johns and Greg “Brandy” Alexander, and which is nice and close to the Sea Eagles training grounds.

Hasler bought the beach house in 2014 for $2.82 million and built up a retaining wall, which has allowed the home to survive storms.

 

 
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<a href="https://www.belleproperty.com/listings/889101/319-holbrook-avenue-kirribilli-nsw-2061/#&amp;gid=1&amp;pid=12"> </a>
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Manly Sea Eagles coach Des Hasler buys Kirribilli unit

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A Kirribilli apartment has smashed the suburb record, selling for nearly $10.8 million.
The apartment, which sold quietly off-market recently, had been asking $8.5 million when it was marketed in 2015 (above and below). It sold for $10,796,400
Set in the Kirribilli Grande complex on the dress circle Kirribilli Avenue fronting the harbour, the apartment sits on the ground floor of the block of just eight.
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It has uninterrupted views of the Opera House and Harbour Bridge in their entirety.
Built in the early 2000's, the apartment has three bedrooms, including a master with a walk in wardrobe, and two bathrooms.
<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/2018/12/17/Kir3.jpg" alt="">
The open plan living area opens to a garden. 
It features a music and TV entertainment system, integrated inside and out. 
McGrath North Sydney agent Nigel Mukhi is credited with securing the sale which topped the previous high, set in the same building when a 250 sqm three bedder a few floors up sold for $8 million in 2016.
That sale only bettered the record a few months earlier, again in the Kirribilli Grande complex, when a similar size unit on the floor above sold for $7.65 million.
 
 
 
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jrobinson-rf4aSBido9

Kirribilli apartment smashes suburb record with $10.8 million sale

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The Edgewater, Kirribilli unit once owned by the late king of television variety, Graham 'Gra Gra' Kennedy has snappily sold for $3.35 million. 
The waterfront apartment block offering at 6/25 Waruda Street was sold by investor Elizabeth Stuart who was expecting $3 million.
It was 1984 when the television industry legend bought into the Waruda Street block. Kennedy, the six-time Gold Logie winner who died in 2005, sold in 1993 for $750,000.
It had been his Sydney bolthole after selling his Viret Street, Hunters Hill riverfront home for $820,000 in 1987 and then buying in the Southern Highlands at Canyonleigh.
At the time Kennedy dismissed reports of a departure from Sydney to his home town, Melbourne, one suggesting he was missing "the weddings and the restaurants."
"I think they might have meant I miss the wide streets," he told me.   
For a time the apartment block was celebrity city for ex-Melbournites as other owners included fellow television entertainer Daryl Somers and Peter Faiman.
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Edgewater, Kirribilli unit once owned by late king of television Graham Kennedy sold for $3.35 million. 

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Tiny offerings were popular at weekend auctions with big prices outlaid. 
A New York-style studio pad in St Kilda, with compact vogue styling, fetched $346,000.
The chic studio at <a id="x_mcntLPlnk990290" class="x_mcntOWAAutoLink" href="https://www.realestate.com.au/property-apartment-vic-st+kilda-128431886" target="_blank" title="www.realestate.com.au">18/33 Grey Street </a>(top) had a $220,000 plus price guide with a $240,000 reserve.
The 46 sqm studio space has been a $290 a week rental.
It last sold at $140,000 in 2003.
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In Sydney a one-bedroom harbour front apartment in Kirribilli sold for $1,875,000 (below).
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Listed for the first time in more than 50 years, the 60 sqm apartment, with sunroom, last sold for about £8000.
The <a id="x_mcntLPlnk302195" class="x_mcntOWAAutoLink" href="https://www.realestate.com.au/sold/property-apartment-nsw-kirribilli-128440198" target="_blank">2/11 Waruda Street offering</a> in The Venetian had a panorama encompassing the Harbour Bridge and Opera House.
There were 701 auctions held in Sydney returning a preliminary auction clearance rate of 55.8 per cent. 
Click here <a href="https://www.propertyobserver.com.au/images/2018/6/18/cap-june18.jpg" target="_blank">to enlarge.</a>
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Sydney's highest sales included <a id="x_mcntLPlnk884472" class="x_mcntOWAAutoLink" href="https://www.realestate.com.au/property-house-nsw-cremorne-128387406" target="_blank" rel="noopener noreferrer">50 Ellalong Road, Cremorne</a> (below) which is reported to have sold for $4,125,000.  
The brick four bedroom 1930s Art Deco house on 720sqm has polished timber herringbone floors, high ceilings, large bay windows and ornate period lead light window.
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The highest preliminary clearance rate was recorded in Adelaide where 72.7 per cent of the 44 reported auctions were successful.
In Melbourne the Australian cricketer Peter Siddle sold his Parkville investment at weekend auction securing some $120,000 above his reserve.
The two-bedroom pad at <a id="x_mcntLPlnk291489" class="x_mcntOWAAutoLink" href="https://www.realestate.com.au/property-apartment-vic-parkville-128413806" target="_blank" rel="noopener noreferrer">202/228 The Avenue</a> came on the market with its first bid of $900,000.
Bidding swept past the reserve, with the second floor offering knocked down at $1 million to one of the two downsizer bidders (below). It sold to an owner occupier in her 50s.
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Siddle had lived in Arcadia, the Fender Katsalidis-designed apartment set on the fringe of the Royal Park Golf Course for four or five years after purchasing it in December 2008.
“We were training at the MCG back then," the bowler told the Sunday Herald Sun.
"The access to the airport and with all the parks around it’s a nice area to be in,” he said.
The Parkville apartment last sold for $575,000 in late 2008, reflecting six percent annual price growth. It features two bedrooms, two bathrooms and a large open-plan layout that flows to a balcony overlooking parkland.
The agent Lou Rendina had been quoting $800,000 to $880,000 for the flat that had been last available to rent when advertised at $560 a week in 2013.
Siddle and wife Anna Weatherlake are currently building in bayside Black Rock.
In nearby Hampton, the childhood home of Shane Warne was passed in at auction when offered for the second time in less than 18 months (below).
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The auction only saw vendor bids that topped out at $1.45 million for the three-bedroom house at <a id="x_mcntLPlnk29603" class="x_mcntOWAAutoLink" href="https://www.realestateview.com.au/real-estate/229-thomas-street-hampton-vic/property-details-buy-residential-11870149/" target="_blank" rel="noopener noreferrer">229 Thomas Street, Hampton</a>.
The bungalow was bought as an investment for $1.55 million after it passed in at April auction last year. It has been rented since at $1000 a week. 
Nick Johnstone agent Alan McGillivray said an offer matching the vendor bid had been received, but no sale had yet been achieved.
Its price guidance was $1,350,000 to $1,485,000.
It’s where the spin king spent his first years before relocating with parents Keith and Brigitte in 1976, aged seven.
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Melbourne was the busiest city for auctions, with 988 homes going under the hammer, returning a preliminary clearance rate of 58.7 per cent.
Kevin Brogan, the CoreLogic auction analyst noted over the same week last year, there were 1,129 auctions held in Melbourne, returning a clearance rate of 71 per cent.
National auction volumes increased significantly over the week with 1,991 homes taken to auction across the combined capital cities, up from just 904 last week when auction volumes were lower due to the Queen’s Birthday long weekend.
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The preliminary national clearance rate was 56.9 per cent this week. 
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<h2>Auction highlights this week</h2>
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<td>Saturday, 16 June 2018 </td>
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<th>City </th>
<th colspan="2">Location </th>
<th>Value Sold </th>
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Most expensive
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<td id="x_rpMostExpensive_tdMostExpensiveCity_0" align="left">Sydney</td>
<td id="x_rpMostExpensive_tdMostExpensiveLocation_0" colspan="2">36 Windsor St, Paddington NSW 2021, 4 br House, PPD</td>
<td id="x_rpMostExpensive_tdMostExpensiveSold_0">$4,280,000</td>
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<td id="x_rpMostExpensive_tdMostExpensiveCity_1" align="left">Melbourne</td>
<td id="x_rpMostExpensive_tdMostExpensiveLocation_1" colspan="2">42 Mayston St, Hawthorn East VIC 3123, 4 br House, Marshall White Boroondara</td>
<td id="x_rpMostExpensive_tdMostExpensiveSold_1">$3,200,000</td>
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<td id="x_rpMostExpensive_tdMostExpensiveCity_2" align="left">Adelaide</td>
<td id="x_rpMostExpensive_tdMostExpensiveLocation_2" colspan="2">10 Elderslie Av, Fitzroy SA 5082, 5 br House, Klemich Real Estate</td>
<td id="x_rpMostExpensive_tdMostExpensiveSold_2">$1,426,000</td>
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<td id="x_rpMostExpensive_tdMostExpensiveCity_3" align="left">Brisbane</td>
<td id="x_rpMostExpensive_tdMostExpensiveLocation_3" colspan="2">282 Kent St, Teneriffe QLD 4005, 4 br House, Ray White Rural</td>
<td id="x_rpMostExpensive_tdMostExpensiveSold_3">$2,125,000</td>
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<td id="x_rpMostExpensive_tdMostExpensiveCity_4" align="left">Canberra</td>
<td id="x_rpMostExpensive_tdMostExpensiveLocation_4" colspan="2">7A Elder St, Braddon ACT 2612, 4 br House, LJH Dickson</td>
<td id="x_rpMostExpensive_tdMostExpensiveSold_4">$1,450,000</td>
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Most affordable
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<td id="x_rpMostAffordable_tdMostAffordableCity_0" align="left">Sydney</td>
<td id="x_rpMostAffordable_tdMostAffordableLocation_0" colspan="2">11/56-58 Warialda St, Kogarah NSW 2217, 1 br Unit, ELD</td>
<td id="x_rpMostAffordable_tdMostAffordableSold_0">$490,000</td>
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<td id="x_rpMostAffordable_tdMostAffordableCity_1" align="left">Melbourne</td>
<td id="x_rpMostAffordable_tdMostAffordableLocation_1" colspan="2">907/18 Mt Alexander Rd, Travancore VIC 3032, 2 br Unit, Pagan</td>
<td id="x_rpMostAffordable_tdMostAffordableSold_1">$292,500</td>
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<td id="x_rpMostAffordable_tdMostAffordableCity_2" align="left">Adelaide</td>
<td id="x_rpMostAffordable_tdMostAffordableLocation_2" colspan="2">82A Clairville Rd, Campbelltown SA 5074, 3 br House, BP Adelaide</td>
<td id="x_rpMostAffordable_tdMostAffordableSold_2">$356,000</td>
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<td id="x_rpMostAffordable_tdMostAffordableCity_3" align="left">Brisbane</td>
<td id="x_rpMostAffordable_tdMostAffordableLocation_3" colspan="2">8 Margaret St, Rochedale South QLD 4123, 3 br House, R&amp;H</td>
<td id="x_rpMostAffordable_tdMostAffordableSold_3">$440,000</td>
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<td id="x_rpMostAffordable_tdMostAffordableCity_4" align="left">Canberra</td>
<td id="x_rpMostAffordable_tdMostAffordableLocation_4" colspan="2">2 Dallachy Pl, Page ACT 2614, 2 br House, RW Canberra</td>
<td id="x_rpMostAffordable_tdMostAffordableSold_4">$425,000</td>
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 SOURCE DOMAIN
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j.ballantyne1990-6AQqhLzZaK

Tiny spaces getting big prices at weekend auction

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The images of Prime Minister Malcolm Turnbull and the French President Emmanuel Macron looked fantastique last week on the lawn at Kirribilli House.
But are taxpayers getting value for money, when these days the home is used principably for dinners and press conferences?
With views of the Harbour Bridge and Opera House, both Kirribilli House and the neighbouring Admiralty House, there for the Governor-General's pleasure, rank among the city's most prestigious real estate. 
The Gothic Revival residence has been the Prime Minister's Sydney home since the 1930s, but I'd suggest Treasurer Scott Morrison's budget tonight ought signal one or maybe both homes should be sold. Let them just entertain in Canberra at The Lodge and Government House.
It was last flagged in 2004 when the then Federal Opposition leader Mark Latham foreshadowed that he would sell the harbourside mansion.
John and Janette Howard stayed put.
At the time it elicited speculation it could fetch around $50 million which would be handy revenue, but more importantly send a stocktaking message.
Even had Malcolm and Lucy opted to downsize from their Point Piper harbour front, the question still needs to be asked.
While it might not go down well with those who politicians who like icons, the Federal Government should not be Sydney-centric.
This article first appeared in The Sunday Telegraph. 
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jchancellor-FAypfDUnLy

Icon homes ought be considered for government selloff at Kirribilli 

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The former Stockland boss Matthew Quinn and wife Julie have snappily sold their renovated Kirribilli terrace for $3.45 million.
It's a <a href="https://www.realestate.com.au/sold/property-house-nsw-kirribilli-127738714" target="_blank">quick flip for the couple</a>, who only paid $2.6 million in late 2016.
McGrath Neutral Bay agent Nigel Mukhi had a guide of $2.9 million. After 90 groups went through and it sold to downsizers from Pymble.
The Quinn's are also selling their Berry weekender, an 1880s country weatherboard, which has been restored by the couple who paid $710,000 four years ago.
They're set to upgrade and base themselves in the South Coast village.
Quinn stepped down from Stockland Group in 2012.
This article was first published in the Saturday Daily Telegraph.
 
 
 
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Former Stockland boss' windfall Kirribilli flip

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Former Stockland boss Matthew Quinn and wife Julie are on the move again in Kirribilli.
They've listed<a href="https://www.realestate.com.au/property-house-nsw-kirribilli-127738714" target="_blank"> the luxury terrace</a> bought just 14 months ago, deciding they will likely spend most of their time at Gladys, their 1880s Berry cottage which cost $710,000 in 2014.
The two bedroom, two bathroom apartment cost $2,602,000 having had a guide of $2.45 million.
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It's now back up for sale through McGrath Neutral Bay agents Nigel Mukhi and Jordan Black.
Quinn and wife Julie were downsizing at the time, selling their nearby four level waterfront for $7.2 million.
Quinn retired from Stockland Group in 2012 as one of the longest-serving chief executives in the property sector.
This article was first published in the Saturday Daily Telegraph.
 
 
 
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