Maroubra

Sydney’s popular eastern suburbs beachside spot Maroubra is set to welcome a rare new apartment development on its beachfront strip.&nbsp; 
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Leading personal injury lawyer Gerard Malouf and his wife Dana has lodged plans for a boutique development at 116-118 Marine Parade.

MHNDU has designed the four-level building which will home just 10 apartments.

The residences will sit atop a stone clad basement level, which has been designed to appear as a landscaped podium.&nbsp;

The project will deliver a mix of apartment types; two one-bedroom, two two-bedroom, and six three-bedroom apartments, with three apartments to be dedicated to affordable housing.&nbsp;

The site is located in an area that is currently underdeveloped, but is zoned for higher density residential buildings in the future, with the desired future character of Marine Parade evident in the more recently constructed buildings further to the south of the site.&nbsp;

The combination of contemporary materials, colour palette and landscaping will provide a well-designed and high quality finish to the public domain and surrounding development, setting a precedent for contemporary development in the area.

The ground floor level will comprise two three-bedroom residences, each containing an open plan living, dining and kitchen area, a powder room, a laundry, three ensuites, a walk-in-robe and outdoor private open space wrapping around the apartment.

The first floor will include two one-bedroom units, again with an open-plan design, a bathroom, a laundry and private open space. The floor also has two two-bedroom apartments, each with a bathroom, a laundry, an ensuite and a walk-in-robe.

On the second floor, two three-bedroom ensuited apartments will be included, each with a powder room, a laundry and a walk-in-robe, with the third floor set to home the additional two three-bedroom apartments, each with ensuites, powder room, a laundry and a walk-in-robe.&nbsp;

All of the apartments will adjoin to private open spaces, in the form of balconies or courtyards, and while no communal open space has been proposed, the site benefits from its location near to Maroubra Beach, and a reserve directly across the road, which provides additional public recreation space.&nbsp;

The development will also include a total of 483 sqm of landscaped greenery at the front, rear and sides of the site, with the designs handled by Wyer &amp; Co. Landscape Design.&nbsp;

alisonwarters@gmail.com

Maroubra set for rare new luxury apartment development

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Test cricketer David Warner and wife Candice Falzon have sold one of their many Maroubra ­investment apartments.
The bullish off-market sale secured around $1.25 million for the two-bedroom unit.
Their $1.023 million acquisition in 2017 saw it become a $700-a-week rental, reflecting a 3.5 per cent yield for the top floor 94sqm apartment.
So pleased with the “seamless sale” Warner did a social media video yesterday praising the ­estate agent Josh Ellison of Ellison Zulian ­Property. It was a record price in the Hereward Street block of eight.
No doubt the funds will go towards their dream home which is taking shape at Lurline Bay, with interiors by Alexandra Kidd.
The couple bought their 900sqm oceanfront building block — set to be their forever home — in late 2015 for $3.9 million.
Warner’s first home purchase, ­another two-bedroom Maroubra apartment, came in 2009 costing $562,000. It was sold in 2014 at $650,000 by the duo who retain an expansive property portfolio.
“You can’t go wrong on bricks and mortar,” the former Matraville Public School student once told The Daily Telegraph.
This article first appeared in The Sunday Telegraph.
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Cricketer David Warner sells Maroubra investment

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New Channel 9 Today sports presenter Alex Cullen is offloading his Maroubra investment unit.
Cullen, who spent nearly a decade as a senior correspondent on Channel 7’s flagship Sunday Night, called the two-bedroom apartment home when it was purchased in 2013.
But he and his producer wife Bonnie Campbell, with twins in tow, have been ­renting as they look to buy together.
The couple, who wed in 2017, welcomed daughters Audrie and Evie just over a year ago.
Recently Campbell revealed their struggle in buying a property on her Instagram account.
“Yes everyone, we’ve done it! We’ve scrimped and saved and forfeited enough smashed avocado to buy our very first house in Sydney,” Campbell captioned with a photo ­facetiously showing Alex and the twins in a children’s playground cubby house.
Cullen paid $602,500 seven years ago for the Maroubra apartment when he moved from Coogee.
One street back from Maroubra Beach, the second-level apartment is on the northeastern corner of a 1970s block.
Ellison Zulian Property agent Josh Ellison gave a $900,000 guide to the 16 buyer groups at yesterday’s first open.
The median two-bedroom Maroubra apartment price sits at $832,500, according to realestate.com.au.
It reports, based on five years of sales, Maroubra has seen an annual compound growth rate of 3 per cent.
Cullen grew up on a cattle farm in northern NSW, completed a journalism degree at Charles Sturt University and got his first big break in 2003 when he was hired at Prime News in Wagga Wagga
This article first appeared in The Sunday Telegraph.
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Today Show sports presenter Alex Cullen lists Maroubra apartment

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Despite the new real estate marketing challenges, Channel 9 Today sports presenter Alex Cullen has secured the sale of his 1970s Maroubra investment unit.
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It fetched a healthy $950,000.
There were two weeks of open for inspections, but its intending owner-occupier buyer emerged during its third week of marketing when only inspections by appointment were permissible.
The daughter of the buyer physically inspected the Hereward St apartment with Ellison Julian Property agent Josh Ellison. They provided FaceTime viewing to the mother, who was in isolation having returned recently from overseas.
Ellison had been quoting a $900,000 guide. Cullen paid $602,500 for the two-bedroom apartment back in 2013.
Now with one-year-old twins, he and his producer wife Bonnie Campbell are looking to buy something that will fit the family.
This article was first published in the Sunday Telegraph. 
 
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Today Show sports presenter Alex Cullen sells Maroubra apartment

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NRL legend Jim Dymock has secured the pre-auction sale of the longtime Maroubra home he shares with wife Leah.
They’re now set to relocate to the Gold Coast, where Dymock has been tasked with fixing the Titans’ leaky defence.
The Titans finished bottom of the ladder last season with the worst defence, conceding an average 27 points per game.
Dymock bought the coastal 1980s home for $720,000 in 1998 when he was playing with Parramatta Eels, where he spent most of his career.
He also had stints with the Western Suburbs and then the Canterbury Bulldogs.
He finished his on-field career in the UK at the London Broncos.
The four-bedroom 1980s-built home, updated over his ownership, spans two levels on its 230 square metre block. 
It had a pre-auction guide of $2 million through PRD agent Corrinne Oslen, meaning it is priced slightly under the suburb median for a four-bedroom home, which realestate.com.au puts at $2.2 million.
It did sell for an “outstanding price”.
Dymock has been travelling back and forth since his Titans appointment, having previously been assistant coach at Cronulla.
They will initially lease on the Gold Coast rather than buy.
This article was first published in The Sunday Telegraph.  
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NRL legend Jim Dymock secures pre-auction Maroubra sale

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Rugby league legend Jim Dymock has listed in Maroubra­, given his move to take up coaching duties at the Gold Coast Titans.
Dymock, who played six State of Origins from 1996 to 1998, bought the Fitzgerald Avenue four-bedroom house for $720,000 in 1998 when playing with Parramatta Eels.
The 1980s-built home, updated over Dymock’s ownership, spans two levels on its 230 square metre block.
The ground level is dedicated to entertaining, with the kitchen, living and dining space opening to an entertaining terrace and pool.
PRD agent Corrinne Oslen, who has scheduled a December 7 auction, is marketing it as “beautifully appointed throughout with the finest of contemporary finishes and intuitively crafted to maximise the flow of natural light and space”.
Buyers are gleaning it ought to sell under the suburb median which realestate.com.au puts, for a four-bedroom home, at $2.2 million.
Dymock has been travelling back and forth since his appointment as Titans­ senior assistant coach. He was previously assistant coach at Cronulla.
He and wife Leah will initially lease on the Gold Coast rather than buy.
“I am really excited about joining the Titans,” Dymock told Titan fans earlier this month in a club update.
“Everyone knows the Gold Coast is a great city and a great place to live. But I am not going up there for the weather.”
Dymock’s role next season has been jestingly defined as the “Minister of Defence”.
The Titans had the worst defence in the NRL, conceding 27 points per game this year.
This article was first published in the Saturday Daily Telegraph.  
 
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League legend Jim Dymock lists in Maroubra

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Now based back in Melbourne as a coach, former Sydney Swans premiership winner Rhyce Shaw and his wife Lia have sold their redundant Maroubra townhouse.
The couple secured the $1,225,000 sale pre-auction, having paid $870,000 at the end of the 2014 season — a year before Shaw retired and became an assistant coach.
The two-level property in a renovated art deco block of six has two bedrooms, one bathroom and a landscaped garden.
Belle Property Bondi Junction’s Lucas McKay sold the unit in three weeks.
This article was first published in the Saturday Daily Telegraph. 
 
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Former Sydney Swan Rhyce Shaw sells Maroubra townhouse

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Matt Lahood, the chief executive of the ASX-listed real estate network, The Agency, and his wife Connie put their Maroubra home to auction yesterday.
But the downsizing couple had no joy. It was passed in on a $3 million vendor bid from the struggling auctioneer, who had just one registered bidder amid many longtime neighbours.
The Lahoods have owned the four-bedroom 1970s family home for eight years, bought when he was a McGrath Estate Agents executive. It cost $2.26 million in 2011 after its 2010 refurbishment.
The initial auction price guide was $3.2 million, which was revised to $3 million given his listing agent Tony Laing gauged buyer interest during the marketing campaign.
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Lahood has a Coogee triplex development with plans to reside on the top floor.
Lahood departed McGrath after two decades in late 2016 to establish The Agency, which traded at a record low 12c on the sharemarket last week,
Like McGrath, which also traded at record lows last week, the two estate agencies are the bellwether stock on the patchy state of the property market.
The Agency’s own Coogee office recently shut its doors as a cost-cutting measure. 
This article was first published in the Saturday Daily Telegraph.
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The Agency boss Matt Lahood fails to find single bid

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Rugby legend John Maxwell, who won 10 first grade premierships over his near two decade career, has listed his long held Maroubra home.
The former Australian captain, who played a club record 323 first grade games at Randwick Rugby across three decades, bought the family home for $775,000 in 1996 with wife Jennifer.
Set on an elevated 670 square metre block with ocean views, the coastal home has five bedrooms and two living areas.
An alfresco deck with pond overlooks the private gardens.
Phillips Pantzer Donnelley agent Jason Pantzer is selling the home with a guide of $2.8 million to $3 million.
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Maxwell, a back-rower, played for Randwick Rugby from the age of nine.
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After his playing career with finished, he became a coach for the next decade or so.
He captained, and then later managed, the Australian 7's side to victories in Hong Kong Sevens in the late 1970s and early 1980s.
This article was first published in the Sunday Telegraph. 
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Rugby legend John Maxwell lists Maroubra home

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Sydney Swan rookie Jordan Foote hasn't strayed far from his hometown when buying his first apartment.
The 22 year old midfielder snapped up a two bedroom unit in Maroubra for $877,500 after it spent just 15 days on the market.
It looks like a savvy purchase by Foote, after it had a guide of $895,000.
Foote's 68 sqm apartment features a granite kitchen with breakfast bar and a bathroom with walk-in rain water shower.
He secured a $650 a week tenant, reflecting a near four percent rental yield.
McGrath Edgecliff agents Eitan Rubinstein and Melissa McCormack sold the apartment.
The Maroubra local, who grew up playing AFL for the Maroubra Saints, was drafted by the Swans in the 2015 rookie draft.
Another two other apartments in the 1970s boutique block of nine have sold this year for $905,000 and $910,000.
Foote was drafted by the Swans in the 2015 rookie draft, making his debut the following year.
He hasn’t played a game for the Swans in 2018, battling a toe injury and has played six games in the NEAFL. 
Foote joins the likes of fellow Swans Isaac Heeney and Heath Grundy who call the suburb home.
Luke Parker has recently sold his investment townhouse in Maroubra, the first property he bought when he was xxxx in 2013.
It was the year he stepped up from the subs bench to become a regular starter.
He paid $915,000 for the townhouse in 2013 and just finished a renovation before he listed through Belle Property Randwick agents Brooke Marshall and Lucas McKay.
This article was first published in the Saturday Telegraph. 
 
 
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