Lavender Bay

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A Lavender Bay Victorian terrace re-invented by the late interior designer George Freedman, has been listed for sale at $7.2 million.
Freedman undertook the transformation for the Halpern family in 2000, two years after the <a href="https://theagency.com.au/15408/2-waiwera-street-lavender-bay" target="_blank">Waiwera Street home</a> on its 172 square metre holding traded for $860,000.
It went on to sell for $4.05 million to the current vendor in 2011.
<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/2018/10/26/95e18e2551d043c185f83e509b1122dd.jpg" alt="">
It has four bedrooms, three bathrooms, an upper level media room and an Italian marble table in the open plan lounge and dining space.
The kitchen and second living space opens to a garden courtyard with pond.
The views of the harbour can be captured from the rooftop terrace which comes with an outdoor kitchen.
<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/2018/10/26/63e475f116a94f918d4ee76f02df28f5.jpg" alt="">
The Agency's Dino Lee is marketing the property in conjunction with Ballard Property.
Born in Brooklyn, New York, the American émigré left an indelible mark on his adopted home town after he moved to Australia in the late 1960s to “Manhattanize” the headquarters of the Bank of New South Wales.
“For all the opulence in many of Marsh Freedman’s designs, it was always balanced with tempered restraint guided by Modernist principles,” wrote John Engelen of the dedece design store.
This article first appeared in The Weekend Australian. 
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Lavender Bay trophy home with George Freedman interiors listed

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Blue at Lavender Bay, Aqualand Australia’s pinnacle project, secured a strong weekend sales result when they officially went on sale.
The development was expected to meet with strong buyer interest because it was marketed as the last residential conversion development in the Milsons Point area with views to the city and Harbour Bridge.
Of the 72 apartments sold on Saturday morning the highest sale result was the $8 million sub-penthouse, which equated to a bullish $55,000 per square metre.
But the sales success required an extended six month buildup, and not all 129 apartments in the development, located at 61 Lavender Street, Milsons Point, went up for sale.
The project display suite has been open since August promoting the offerings in what was once an 18-level commercial office building. 
Alex Adams, Aqualand sales manager, said the luxurious abodes had been conceptualised by architectural firm PTW to include premium Gaggenau appliances, natural stone kitchens, stone floors, extensive joinery, larger open-plan living areas and generous sized bedrooms and ensuites.
Aqualand bought the Samsung office building last year for $140 million.
Ben Stewart, at CBRE, has advised the second stage of the 20-storey tower includes the penthouse, which is a 550-square-metre offering expected to carry a $20 million asking price.
The managing director of Aqualand is Shangjin Lin, who on New Year’s Eve in 2015 paid $52 million for the Vaucluse trophy home Villa Igiea.
Aqualand is a subsidiary of the Shanghai-based property developer Shenglong, billed as one of China’s top 50 property developers and chaired by Mr Lin’s father, Yi Lin.
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Aqualand hope to secure $20 million penthouse at Blue

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The longtime Lavender Bay bolthole of the renowned Bali-based landscaper, Made Wijaya was sold at auction earlier this month for $1.19 million.
It was listed following his 2016 death.
Born Michael White, Wijaya secured an international reputation especially after designing the late David Bowie’s garden at his Caribbean island of Mustique. 
<div>
<div class="cT-imageLandscape lead">His one bedroom Walker Street ground floor apartment, which overlooks Wendy Whiteley’s Secret Garden, was bought in 1996 for $295,000.</div>
</div>
Stone McMahons Point’s Heather McCartney had $850,000 hopes, but there was a $900,000 opening bid.
This article was first published by The Sunday Telegraph.
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Lavender Bay sale by Made Wijaya's executor

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Blue at Lavender Bay, Aqualand Australia’s pinnacle project, has seen another penthouse sale.
The last remaining penthouse at Blue in Milsons Point has been sold $10.5 million.
Last month, Aqualand sold its another penthouse in its flagship Blue at Lavender Bay development for $9 million to a Northbridge couple, which was the highest price paid for an apartment in the locale.
Alex Adams, Aqualand’s head of sales and marketing, said Aqualand was extremely pleased to have secured buyers for both penthouses "illustrating the resilience of the north shore prime property market".
The three-bedroom, three-bathroom penthouse totals 170 square metres of internal space and boasts panoramic views across Sydney Harbour, the Eastern suburbs and the North Sydney skyline from its grand wrap around balcony. The sale was brokered by CBRE reportedly to orthopaedic surgeon and human rights activist Munjed Al Muderis.
Construction of the development of 129 luxury residential apartments and four retail lots has recently commenced with its scheduled completion in mid 2020.
Sub-penthouses with three-bedrooms and three bathrooms are still available for sale and priced from $4.1 million. 
It was marketed as the last residential conversion development in the Milsons Point area with views to the city and Harbour Bridge.
Of the 72 apartments sold on initial marketing in September 2017, the highest sale result was the $8 million sub-penthouse, which equated to a bullish $55,000 per square metre.
Located at 61 Lavender Street, Milsons Point, it was once an 18-level commercial office building.
The architectural firm PTW included premium Gaggenau appliances, natural stone kitchens, stone floors, extensive joinery, larger open-plan living areas and generous sized bedrooms and ensuites.
Aqualand bought the Samsung office building in 2016 for $140 million.
It initially contemplated offering a 550 square metre penthouse which was expected to carry a $20 million asking price.
Aqualand is a subsidiary of the Shanghai-based property developer Shenglong, billed as one of China’s top 50 property developers.
Ir recently appointed a head of construction, Tom Catalovski, who was previously the construction director of Probuild Constructions.
Aqualand Property, and the boutique tier-one construction firm, Roberts Pizzarotti recently "mutually agreed" not to proceed with a joint venture partnership for building Blue.
Under the direction of new CEO, John Carfi, Aqualand has instead chosen to develop the intended JV project with its in-house building team, Aqualand Constructions.
A key objective of the Aqualand Roberts Pizzarotti construction joint venture (“ARP”) was to provide construction capabilities as an interim.
The injection of John Carfi into the helm of the Aqualand business boosted the company’s strategic trajectory and allowed Aqualand to bring forward the timing for their first self-delivered major project.
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Both of Aqualand's Blue at Lavender Bay penthouses now sold

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A new build home in Lavender Bay has been sold.
The property at 2 Bay View Street was sold at a private auction where bidding kicked off at $9.5 million.
It is understood to have sold at considerably below the original $13 million to $14 million price guide set on the property when it came to market last month.
A curved staircase over three levels features a customised cascading Buster + Punch chandelier.
<img src="https://www.urban.com.au/images/2019/3/22/image7%201.png" alt="">
The Bay View Street home, one of 20 on the dress circle, sits on the high side of the street with panoramic views of the Opera House, framed by the Harbour Bridge.
Designed by Architecture Saville Isaacs, the recently completed home has interiors by Linda Morrice, the wife of the vendor, Ian Morrice, best known as heading Metcash.
There are four bedrooms, including a master suite with ensuite, balcony and bespoke dressing room.
There's also an internal lift to all levels.
<img src="https://www.urban.com.au/images/2019/3/22/image4.png" alt="">
Belle Property Mosman agents Tim Foote and Mark Jackson had the listing. 
The last Bay View Street sale came in 2017 when a an original non-waterfront home, the last undeveloped property on the street, sold for $14.8 million.
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New build Lavender Bay trophy home sold at private auction 

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The newly appointed NSW Governor Margaret Beazley has sold her Lavender Bay family home.
The <a href="https://www.realestate.com.au/sold/property-house-nsw-lavender+bay-131565610" target="_blank" rel="noopener noreferrer">Bay View Street</a> property had a price guide of $11.5 million.
Beazley bought it in 1989 for $1.3 million.
There were 45 inspections in the first week.
<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/2019/8/1/lavendar%20bay2.jpg" alt="">
The elevated family home comes with panoramic views of the waters, Harbour Bridge and Opera House.
It comprises five bedrooms, modern gas kitchen, lounge, dining room, library, and court gardens.
<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/2019/8/1/lavendar%20bay3.jpg" alt="">
It's just a stroll to McMahons Point Village with boutiques, restaurants and bars, Lavender Bay Ferry, buses, and North Sydney Station. 
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