6 PROPERTY WEEKLY11 September 2020 - OF DISTINCTION AND STYLE
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The East PROPERTY WEEKLY 11 September 2020 FLIP OVER FOR THE ALL-NEW 6 OF DISTINCTION AND STYLE 5 Ashgate Avenue, Vaucluse propertyweekly.net.au PWSE0911_001_262317940.indd 1 3/9/20 8:57 am
2 | PROPERTY WEEKLY [ Residential ] Friday 11 September 2020 CONTENTS Cover story . . . . . . . . . . . . . . . . . . . . . 6 Residential property reviews . . . . . 8-10 Commercial property reviews . . . . . 12 IN THIS ISSUE: (left) 84 Clyde Street, North Bondi, page 8 and (right) 42 Vaucluse Road, Vaucluse, page 10. MARKETPLACE [ Residential properties for sale ] EDGECLIFF 401/170 Ocean Str Thur 10 Sept 6.30pm Ray White Double Bay 9363 9999 BELLEVUE HILL ELIZABETH BAY 1/41 Bundarra Rd Thur 17 Sept 6.30pm Ray White Double Bay 9363 9999 2/1 Onslow Ave Thur 24 Sept 6.30pm Ray White Double Bay 9363 9999 73a Victoria Rd Sat 19 Sept 10.30am Sotheby’s 8355 6783 NORTH BONDI 86 Bundarra Rd Private sale Ray White Double Bay 9363 9999 1 Macleay Str Tue 15 Sept 6pm Sotheby’s 8355 6783 BONDI POINT PIPER 37/112 - 134 Hall St Private sale Wills Property 9387 1700 6 Wyuna Rd Private sale Sotheby’s 8355 6783 DARLINGHURST ROSE BAY 4a Beresford Rd Private sale Sotheby’s 8355 6783 47 Womerah Ave Private sale Sotheby’s 8355 6783 VAUCLUSE DOUBLE BAY 10 Coolong Rd Sat 19 Sept 12pm Sotheby’s 8355 6783 1&2/ 4 Gladswood Gd Private sale Sotheby’s 8355 6783 40/30 Dalley Ave Private sale Ray White Double Bay 9363 9999 DOVER HEIGHTS WOOLLAHRA 50 Lancaster Rd Private sale Sotheby’s 8355 6783 55 Grosvenor Str Wed 16 Sept 6pm PPD Real Estate 8355 1111 PROPERTY WEEKLY Sales & marketing/PW manager: Marina Yuksel Head of marketing/PW editor: Belle Kwan National art director: Stephen Fretwell Art director: Samantha Oakley Designer: Jacqui Christians Multimedia manager: Ren Rizzolo CEO: David Redman Advertising consultants: Joyce Wainstein, Yakov Moses Subeditor: Michelle Perl Editorial assistants: Zoe Eyles, Jade Redman Property Weekly is printed by Spotpress and distributed by Advertising Printing Australia (APA). Published by Polaris Media Pty Ltd. FOR A FREE QUOTATION CALL JULIE OR JACK MARCZAK FOR ENQUIRIES CONTACT: (03) 8531 8900 BETTER HOME REMOVALS PTY LTD ADVERTISING: sales@propertyweekly.net.au EDITORIAL: editor@propertyweekly.net.au PHONE: 9958 7177 DISTRIBUTION: distribution@propertyweekly.net.au MOBILE: 0411 875 198 FAX: 9958 7166 EMAIL: info@bhr.com.au DISCLAIMER: The views expressed in the articles in Property Weekly are not WEB: www.bhr.com.au necessarily the views of the management of Property Weekly. Readers are advised to make their own enquiries and not to rely solely on the information published herein. PWSE0911_002_259568247.indd 2 2/9/20 3:22 pm
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4 | PROPERTY WEEKLY [ Residential ] Friday 11 September 2020 PWSE0911_004_262816993.indd 4 2/9/20 12:57 pm
6| Friday 11 September 2020 COVER STORY Of distinction and style 5 Ashgate Avenue, Vaucluse Proudly sitting in an exclusive Vaucluse enclave and boasting breathtaking panoramic views of the harbour, the Opera House, the city skyline and Rose Bay, this magnificent residence was built circa 1918 and is set on approx. 980 square metres of established garden land. With stunning sandstone foundations, this estate-like family home with beautiful period features offers vast proportions and charming character of a bygone era. The open-plan family domain on the ground floor comprises multiple living and dining spaces, a spacious kitchen with oversized island bench, and access to several outdoor alfresco areas. Located in a separate wing on the same level are three bedrooms (one with ensuite) and a central bathroom. The top level of this grand 6d6e 2i residence houses the main bedroom with spa ensuite, a second bedroom, a bathroom, a vast family room and Auction Saturday 3 October at 1.15pm two entertaining decks. With a self-contained cottage, a sandstone basement and a secure double garage, this prestigious property is also situated close to Rose Bay and Vaucluse Village shops and harbour beaches. Price on application Agent S ydney Sotheby’s International Realty (02) 8355 6783 Unique beachside opportunity 22 Frederick Street, North Bondi At the end of a peaceful cul-de-sac in North Bondi is this recently refurbished dual-level property containing two self-contained homes on one title. The lower level houses three bedrooms, a bathroom, a stone-topped kitchen and a spacious open-plan living and dining zone. The upper-level offers four bedrooms, two bathrooms, a kitchen and casual dining space, and a large open-plan living and dining area, opening onto a vast outdoor covered terrace. The property includes room for a pool (STCA), as well as the potential for further development with scope for a third level (STCA). Ideally located in a family-friendly neighbourhood, it is an easy walk to the beachfront, cafes and schools. 7d3e 5i Auction Saturday 26 September at 9.45am Price on application Agent PPD Real Estate (02) 8355 1111 PWSE0911_006_262612004.indd 6 2/9/20 3:20 pm
8| Friday 11 September 2020 DEVELOPMENT Estelle 67-69 Penkivil Street, Bondi Inspired by the luxury and natural beauty of Bondi, Estelle is the latest project from K2 developers designed by acclaimed architects MHN Design Union. This boutique development of 14 apartments offers 1, 2 and 3-bedroom options, as well as two opulent penthouses. Estelle’s sophisticated but simple interiors, fitted by Lawless & Meyerson and featuring pale grey French oak floors, provide ample living space to relax and entertain in. With a shared garden sanctuary at the property’s rear, a private outdoor space for each unit, Estelle ensures alfresco dining can be enjoyed year-round. For each of the two 3-bedroom penthouses, recently furnished and open for viewing, the balcony features soaring raked ceilings that follow the roof’s distinctive form, adding a further element of grandeur. The vast appeal of Estelle stems not just from its immaculate design, but also its sought-after location, being poised in between Bondi Beach and Bondi Junction. For sale Estellebondi.com.au Architectural sanctuary 84 Clyde Street, North Bondi This award-winning contemporary home by architect Raymond Panetta boasts custom-designed interiors that are highlighted by high ceilings, polished concrete floors, and premium fittings. A wide entrance foyer flows past two bedrooms (one with study), a main bathroom and a separate laundry before arriving at the heart of the home – a vast open-plan living area and dining space that is serviced by a modern kitchen with an oversized island bench. Upstairs houses an ensuite master bedroom with walk-in robe and study. The gardens designed by landscape architect Therese McGroder take full advantage of the sunny north aspect, and feature three outdoor entertaining spaces, a fishpond, and mature trees. This outstanding residence is just a short stroll to shops, transport, and Bondi Beach. 3d2e 1i Forthcoming auction Price on application Agent PPD Real Estate (02) 8355 1111 PWSE0911_008_262843786.indd 8 2/9/20 1:49 pm
ARE YOU LOOKING FOR AN AGENCY... Trusted Real Estate Agency in Sydney's Eastern Suburbs Suite 1C/79 Oxford Street, “Professional in every aspect.” Bondi Junction “ Recommend them to any +61 2 9387 1700 property owner.” www.willsproperty.com.au “They get results.” JOHN WILLS RICHARD WILLS TRISTAN MAILEY 0467 443 838 0427 286 643 0409 409 534 BONDI 37/112-134 Hall Street 2| 1| 1 Classic Bondi Living For Sale Guide: $1.249 million This classic and spacious apartment offers access to tightly held, View iconic Bondi living. Located on the iconic Hall Street, Bondi’s By Appointment only epicentre of cafes and dining, but set back from the hustle and bustle, this property offers a tranquil retreat with open plan living and prime access to the beach and cafes. This property will allow Contact you to seize all that Bondi has to offer. John Wills 0467 443 838 www.willsproperty.com.au john@willsproperty.com.au PWSE0911_009_262837895.indd 9 2/9/20 1:22 pm
10 | PROPERTY WEEKLY [ Residential ] Friday 11 September 2020 Great and grand 242a Old South Head Road, Vaucluse Set on approx. 560 square metres with manicured front gardens, the tightly held residence offers an expansive living and dining area with a granite kitchen, opening out to an outdoor entertaining terrace overlooking a sun-drenched pool and gardens. A formal lounge is accented by beautiful parquetry floors, leadlight windows and soaring ceilings, with an open fireplace and wraparound veranda. Upstairs accommodation includes four large ensuite bedrooms and a vast terrace, with two additional balconies. Additional features include a separate guest/fifth ensuite bedroom, powder room, six car lock-up garage, and a wine cellar. 5d5e 6i Private sale Price on application Agent Sydney Sotheby’s International Realty (02) 8355 6783 Waterfront perfection 84 Carlton Crescent, Kogarah Bay This grand-scale, resort-like waterfront family home is a rare opportunity offered for the first time in 20 years. An impressive marble entrance foyer flows through to a selection of formal and informal living and dining areas, with vast outdoor areas ideal for alfresco dining and entertaining. Privately located on the top level are four ensuite bedrooms along with a reading mezzanine. The vast lower level offers a poolside lounge, wet bar, gym, spa, sauna, heated pool, barbecue, entertaining terrace, and landscaped gardens. With a separate study/home office, double lock-up garage and a private gate onto the beach, this well-equipped property is sure to impress. 4d5e 2i Auction Sunday 27 September at 1pm Price on application Agent Sydney Sotheby’s International Realty (02) 8355 6783 What an ace! 42 Vaucluse Road, Vaucluse This impressive three-storey home is set against a breathtaking harbour backdrop with standout features including a tennis court, indoor/outdoor heated lap pool and lush tropical gardens. The ground level features open-plan living and dining areas, a stone-topped kitchen, a formal dining room, home office, powder room, and ensuite guest bedroom. Upstairs accommodation includes three ensuite bedrooms, each with a balcony. The lower level comprises a second self-contained guest accommodation, a poolside lounge, kitchenette, laundry, and walk-in cellar. Additional features including a double lock-up garage. 5d5e 2i Auction: Saturday 26 September at 10am Price on application Agent Sydney Sotheby’s International Realty (02) 8355 6783 PWSE0911_010_263070905.indd 10 2/9/20 3:23 pm
Splendour PWSE0911_011_262842741.indd 11 2/9/20 1:08 pm
12 | Friday 11 September 2020 COMMERCIAL AND INDUSTRIAL PROPERTY Full of potential in Footscray 11-13 Pickett Street in Footscray, Victoria is a 1032 square competition and a strong number of children, both caters to a very similar demographic. metre site that is being marketed by CBRE’s Healthcare & current and forecast, within the 0-5 age bracket. “We are going to see the population more than double Social Infrastructure team of Josh Twelftree, Sandro Peluso, “However, with generous height allocations in the in the suburb by 2031.” Jimmy Tat and Marcello Caspani-Muto. precinct, and given the underlying zoning and Offered with existing planning approval for a 110-space, surrounding amenity, we are also anticipating enquiry The CBRE team are predicting price expectations of over triple-storey childcare centre, this prominent development from a number of developers and owner-occupiers across $3 million. opportunity is situated in the heart of Footscray’s culinary the healthcare, student accommodation and disability 11-13 Pickett Street, Footscray, Victoria is being sold via an and business activity precinct, and is also ideal for housing space”. Expressions of Interest campaign closing Thursday 24 healthcare, student accommodation or disability housing. Peluso added: “The area is one of the most desirable in September at 2pm. Twelftree said: “Given the existing permit and underlying Victoria for childcare assets – this was proven only a demographics, a childcare development has all the key month ago when the team transacted a recently F or more information, contact Josh Twelftree on ingredients to thrive here with minimal surrounding complete early learning centre in West Footscray, which 0452 524 985 or Sandro Peluso on 0418 389 757. 11-13 Pickett St, Footscray Pickett Street - North West 2 2 PWSE0911_012_262813172.indd 12 2/9/20 1:59 pm
Auction 9 Regent Street, Paddington. PROMINENT COMMERCIAL AND RESIDENTIAL TERRACE Raine and Horne Commercial in conjunction with Ray White TRG are Key selling points: pleased to offer for sale by public auction this mixed use residential and commercial terrace located at 9 Regent Street, Paddington. - Land Size - 134sqm (app) Located perfectly within 20 meters of famous Oxford Street shopping - Prime Paddington Location and eateries and the iconic Paddington markets this terrace offers the - Mixed Income Opportunity owner occupier or investor a unique opportunity for a dual investment (Commercial and Residential) or home plus income. - Huge 9 Meter Frontage Consisting of a 50sqm (app) shop front plus a split level two-bedroom residence with separate entry from Renny Street making this property - Potential for off street parking (STCA) the perfect opportunity for an investor or owner occupier. AUCTION: SATURDAY 12TH SEPTEMBER @12.30PM ONSITE CONTACT: Michael Buium 0408 385 385 Suite 203/2-8 Elizabeth Street, Paddington NSW 2021 Ph: 8095 6269 rhcommercial.com.au/bondijunction Local Knowledge & National Strength Michael Buium is the principal of Raine and Horne Commercial he has a long and distinguished career in commercial real estate. A licensed real estate agent and auctioneer with over 28 years of experience in commercial real estate sales and leasing. Michael’s years in real estate gives him the ability to provide clients with prudent advice about a wide range of property issues, whether you are looking for advise on buying a commercial property, selling your property and on how to best manage property leases. Over the years, he has built and managed a strong network of clients based on his unpretentious manner, unwavering commitment to results, strong client focus integrity and honesty. His broad range of clients include private investors, public and government bodies and listed companies. Should you be considering selling, leasing or managing your commercial property please do not hesitate to contact me for a confidential discussion. Michael Buium 0408 385 385 michael.buium@rhc.com.au Suite 203/2-8 Elizabeth Street, Paddington NSW 2021 8095 6269 rhcommercial.com.au/bondijunction PWSE0911_013_262844519.indd 13 2/9/20 1:06 pm
PROPERTY WEEKLY Shaynna 11 September 2020 Blaze TALKS DESIGN … with the Zuster Sisters PART 3 PROPERTY WEEKLY EXPERTS A PANEL CHAT REVEALING INSIGHTS INTO THE DEVELOPMENTS MARKET (PART 2) propertyweekly.net.au PWSE0911_024_259421148.indd 24 2/9/20 3:26 pm
2 | PROPERTY WEEKLY 04 Editor’s note 11 When lockdown restrictions forced everyone to stay at home, many of us took the opportunity to explore new skills, rediscover old hobbies and reconnect with the simpler things in life. Sourdough loaves and banana bread filled our kitchens with scrumptious smells, our gardens and balconies are 08 bursting with bulbs and seeds waiting to blossom, and our furry best friends were all puffed out from the many walks we went on with our families. CONTENTS While life seems to have returned to some sense of normality (thankfully), I do feel a little slight tinge of nostalgia and sadness that our weekends are once again packed with family commitments and social engagements, racing around to the many places we have to be, to check off the multiple things we have to do. 04 I NSPIRED BY 08 SHAYNNA BLAZE OUR GREAT LAND TALKS DESIGN I hope that even as Spring comes into full swing, we will remember how much fun we had in our own homes and Justin Hutchinson of Kett explains how the new (PART 3) reserve some down time to retreat and relax in our private Forrest collection, available exclusively at Cosh Celebrity interior designer spaces while creating precious simple memories with our Living, has been inspired by Australia’s beautiful loved ones. landscapes. Shaynna Blaze explores highlight collaboration projects that the Zuster 08 Belle 06 PROPERTY WEEKLY EXPERTS: A PANEL CHAT ON sisters have been part of, and how their business has been impacted by COVID-19. Belle Kwan DEVELOPMENTS (PART 2) 11 E XPLORING A NEW Editor Editor Belle Kwan continues her chat with five FRONTIER FOR WHISKY belle@propertyweekly.net.au experts in the development market on successful M&H Distillery in Israel launches the country’s marketing strategies and trends to come in 2021 very first single-malt whisky to an international and beyond. audience. To have your alarm monitored is to have peace of mind. We can monitor your premises 24 / 7 Shop 9, 251 Oxford St Bondi Junction (02) 9389 8543 www.davidcarr.com.au info@davidcarr.com.au PWSE0911_023_259478513.indd 23 2/9/20 3:29 pm
PROPERTY WEEKLY | 22 Our Story: Established in 2003, Coloured Pencil is a boutique interior design and styling agency merging the lines between beautiful aesthetics and functionally livable real estate. A home is more than where we lay our hat, it’s where we raise our families, where we feel safe, and where we enjoy complete freedom. The art of property styling is to find the precise balance between overdone and underdone. We pride ourselves on our unique ability to find this balance of “perfect imperfection” every time. With the ingenuity to unlock the full potential of a space by implementing clever design solutions and a thoughtful considered approach. We achieve an unrivalled Robynne de Courtenay, success rate that defies market trends. Founder and Director more than just a pretty space...... 02 9316 5839 info@colouredpencil.com.au colouredpencil.com.au PROPERTY STYLING INTERIOR DESIGN PWSE0911_022_262866407.indd 22 2/9/20 1:14 pm
4 | PROPERTY WEEKLY Forrest lounge scene by Kett. INSPIRED BY Our Great Land Forrest elliptical table stone with chair. Justin Hutchinson, lead designer of Kett, a luxury furniture brand exclusive to Cosh Living, celebrates how the distinctive and varied beauty of Australia’s landscape has inspired the new Forrest outdoor collection. T HE desire to spend more of our time “entertaining and living on balconies and in courtyard gardens” is growing steadily within Australia’s urban population, said Justin Hutchinson, who is Kett’s lead designer. detail and functionality, adaptable to any and every natural environment to aid in the shared goal of “embracing our contemporary urban life”. The tables in the Forrest collection feature natural stone, enabling outdoor spaces to feel like a refined extension of Kett’s new Forrest collection embraces this yearning to interior comforts. As Hutchinson reflected, there is no connect with the great outdoors in its refined but sturdy single Australian landscape; we live on a vast and varied furniture, designed to provide comfort and quality to be continent where a short drive can transport you to entirely enjoyed extensively. Hutchinson noted that “our lifestyles new surroundings. are very much a celebration of this vibrant intersection” Establishing a genuine connection with the environment where our homes are in cities that are perfectly poised despite the hustle and bustle of modern living is of key along the country’s coast to enjoy both land and sea. focus in this collection. Looking to our neighbours in Asia According to Hutchinson, this insight is paramount to the heart and soul of the Forrest collection, as it fulfils the “where homes are multipurpose, minimal and have a Forrest dining scene by Kett. desire of most Australians to embrace the country’s relationship with nature”, Hutchinson revealed that it natural gifts with ease in the privacy of our own provided a great source of inspiration readily adaptable in backyards. Australia’s multifaceted landscape that people from Delicately fashioned from premium plantation teak, the across the globe call home. “A desire for simple and collection’s neutral palette allows its pieces to fit in timeless designs for our furniture both in and outside our seamlessly with the myriad of architectural styles across homes has emerged, as modern Australia has taken the country, from the “wide-open verandas” in shape as an urban society and a land of many people Queensland to Melbourne’s “shoulder to shoulder” terrace and cultures.” homes. Quintessential to Australia’s architectural history is There is a clear demand for a heightened grade of a “resourceful spirit and responsiveness to a varied sophistication and reliability in design and Kett’s Forrest Australian climate”, said Hutchinson. collection rejoices in this aspiration, delivering just that From a country that both endures and enjoys such a through the curvaceous and inviting form of the collection. range of weather events and natural phenomena, a distinct architectural style has arisen. This is a design of To view Kett’s Forrest collection, visit coshliving.com.au Forrest 2 seater sofa Ciarra with cushion. PWSE0911_021_262656263.indd 21 3/9/20 9:46 am
Mbrace Wing Chairs & Loon Lanterns by Dedon Johanna Occasional Chair & Otway Sofa by Kett Mood Daybed & Nomad Ottoman by Tribu PWSE0911_020_262285037.indd 20 See in-store for details. brands for indoors and out. Natal Alu Sofa, Tao Coffee Table & Rug by Tribu Forrest Table & Chairs by Kett Luxurious furniture from leading designer Anfora Table & Velis Armchairs by Potocco www.coshliving.com.au 02 9317 3011 Level 1, 69 O’Riordan Street, Alexandira Exclusive to 2/9/20 3:08 pm
6 | PROPERTY WEEKLY Panel Guests: Property Weekly Experts: ANDREW LEONCELLI A panel chat Managing director of CBRE Residential Projects on developments (Part 2) LUKE BERRY Property Weekly editor Belle Kwan continues her chat with five of Australia’s leading experts in the Director of sales and marketing, Thirdi Group development market, where they discuss the key to marketing new development projects and the trends to come in 2021 and beyond. EDITED BY JADE REDMAN BELLE KWAN: When deciding on the branding for a development project, where do you draw inspiration from BELLE KWAN: What is the key to successfully marketing a to get the overall look and feel right? Is there always a development and what do you look for to make each need to create targeted material based on specific new project stand out? JON demographics? ELLIS ANDREW LEONCELLI: You’ve got to find the unique selling features of each project and promote the hell out DIGBY BECKLEY: Our process is about really trying to drill down and understand what the unique propositions of Founder and CEO of The Investorist of the unique advantages that each project offers. You each project are. I think what’s really important is the idea also have to work out the answers to the objections too, of authenticity – telling the story of the project in an because for every project there’ll be an objection. authentic way. For us it’s actually a fairly easy task if the We typically like to do display suites because we are developers build with integrity, have a good product and selling to owner-occupiers in such a high proportion, and there’s a good vision behind the product. Our task is really I feel that they do want to see the quality of the finished to tell that story in an accessible way. product. We do encourage our developers to build In terms of differentiating the project’s message to display suites and believe that they can get a price various demographics, I’m not sure that’s particularly premium for that. critical. I think if the product is authentic and the DIGBY Many potential buyers might say that they like a property marketing is authentic, people will choose the product for BECKLEY on offer, but that they’re not going to pay what’s asked because it is a huge leap of faith. The more you can what it is. I don’t know if you necessarily need to put a spin on it to target the downsizers and another spin to target the first home buyers. Communities are about Client services director of 630 Agency showcase, the easier it is to bridge that confidence gap in diversity, with a range of people at a range of ages. buying something that’s not yet built. That’s what makes communities rich and I think that’s JON ELLIS: As has been said, with every development you what makes some of these developments successful, in that they do have a mix of people that are reflective of the need a unique selling proposition. Whether that is a project’s location, the size of the dwelling, the amazing sort of society that we’re genetically programmed to be part of. windows and view, or having all the tech inclusions – whatever it is, you need to have a central feature and that needs to be in line with the target market. There’s no point ROBERT KANTOR: I think Digby’s right – there’s only one caveat for me, that there are certain projects that do ROBERT pitching a student-level finish in a downsizing market, it’s require a spin. They tend to be the type of confused KANTOR just not going to work. However, not only does it depend on a developer getting projects that don’t have a clear intent. These are projects that aren’t necessarily designed with integrity around Creative director of 630 Agency the product and the mix right, the success of a project them, they lack an understanding of who they’re selling & founder of Boutique Developer magazine also relies on the marketing team and the sales team to, the context, the location, or even the architectural getting their distribution strategy right. It’s really around significance of the area. You can always identify which getting the right product, the right marketing and the projects those are going to be by the marketing – right team together. because it always looks a lot fancier than the product PWSE0911_019_259500490.indd 19 2/9/20 1:35 pm
PROPERTY WEEKLY |7 Certainly, for off-the-plan, it’s tougher now than it has been, but when you get it right with good developers, you can have a great experience. ANDREW LEONCELLI itself. However, Digby and I have been fortunate to work remote selling, virtual tours of display suites, virtual with great developers who have great visions and who’ve JON ELLIS: A home office is going to be the new black. We walkthroughs, with better tech influencing how we analysed our search activity on our platform and, believe connect with and talk to the audience. I don’t think done very directional types of projects. it or not, we have seen a 75 per cent increase in viewing of COVID-19 is going away. I think we have to manage it in products with a study. So that’s definitely the new design ANDREW LEONCELLI: Digby mentioned authenticity and I trend for 2020 and 2021. the future. So I think a big part of what will change will be agree that if you get the location correct, you understand how we go about selling development projects. who your target market is, deliver a good-quality product LUKE BERRY: I think there’s going to be a desire for a little DIGBY BECKLEY: From a residential point of view, the and have a great team behind, you can make sales much bit bigger. Back in 2012, there was a rush to jam as many easier. There are so many good stories where a developments in sought-after suburbs that target buyers little boxes on building sites as you could, but now they’re know and love will incorporate lower-density human scale. development has been done well, they’ve clearly identified not selling. They’re not that attractive anymore. So I think the buyer and delivered a really good product and sold it I think that’s got to come through in the marketing the new design that is going to become sought after is materials, this idea of human scale and a village sort of really well. Certainly, for off-the-plan, it’s tougher now than something that’s got a little bit more space. For the typical lifestyle. Commercially, businesses are looking at shrinking it has been, but when you get it right with good one-, two- and three-bedroom residences, a bit more the size of their floor plans due to COVID-19 because they developers, you can have a great experience. space will make sure the product stands out. realise that they can operate with people working remotely. These companies are also looking to get out of BELLE KWAN: What trends are we going to see leading ANDREW LEONCELLI: I think the way we go about selling the city and into the city fringe where there’s less into Q4 2020 and for 2021? things will be different. I think there will be a lot more congestion. They want to get away from those big CBD train stations and food courts, and I think that filters down into the residential side, with the previously mentioned home offices. It’s going to be about re-evaluating what our values are and how, from a marketing point of view, we reinforce those human values. ROBERT KANTOR: I’m not a forecaster, but I do see a trend towards ever-increasing quality in products. I see a more sophisticated buyer. I think buyers have somehow, perhaps through social media, become more sophisticated and more educated. They have a design sensibility and analytical eye that perhaps wasn’t the case six to eight years ago. The sophistication of developers has improved and the number of sophisticated developers has grown. I think they’re going to be looking to the name architects to bring home really stunning projects. PW editor Belle Kwan joined by some of the development industry’s brightest experts. *This interview has been edited and condensed for length and brevity. To watch Property Weekly Experts: a panel chat on Developments, visit propertyweekly.net.au. PWSE0911_018_259514938.indd 18 2/9/20 1:33 pm
Shaynna Blaze Talks Design… WITH THE ZUSTER SISTERS PART 3 PWSE0911_017_259432752.indd 17 2/9/20 1:31 pm
PROPERTY WEEKLY |9 APRIL DINING TABLE Fleur Sibbel (left) and Wilhelmina McCarroll of Zuster. Photo: Peter Haskin Celebrity interior designer Shaynna Blaze continues our exclusive Shaynna Blaze Talks Design series with a lighthearted chat with long- time friends Wilhelmina McCarroll and Fleur Sibbel, sisters and the power duo behind famed Australian furniture brand Zuster Furniture. HALO BRONZE MIRROR PRESENTED AS A FOUR-PART STORY, PART THREE COVERS That collaboration was such a big thing for us because our THE COLLABORATIONS THAT SERVED AS HIGHLIGHTS OF brand had grown to a stage where it meant something to a ZUSTER’S 26-YEAR HISTORY, ALONG WITH MARKET brand as big as Reece. Reece has the national distribution, CHALLENGES THEY FACED AND THE IMPACT OF COVID-19 we had a premium-quality brand, and the partnership ON THE BUSINESS. allowed us to bring new customers into Reece – interior designers and end-users who want to see a completed Shaynna: Zuster has been going since 1994, you’ve designer vanity without having to go to a cabinet-maker and survived some lows and enjoyed plenty of highs, and I think not really knowing what they were going to get. you’re at an amazing peak at the moment. What would be some of your highlights, and why? Wilhelmina: They’re a fantastic company to work with as well. It has always been really easy and they’ve put a Wilhelmina: I think probably doing Jackalope, the lot of passion and effort into the range, so it’s been really hotel – that was a really interesting project, and I really fantastic. PEARL BUFFET enjoyed working with the developer. It was a true Another highlight for us was working on Melbourne Jet collaboration, where he brought a lot of inspiration and we Base, the private airport. designed each piece individually. And that was an amazing project because it really pushed me as well; it was a bit more Shaynna: To all readers of this: I really implore you to edgy than what I’d done in the past, so I really enjoyed that go and have a look at the design of Melbourne Jet Base, project. because the airport is so unique and different. Fleur: Lewis, the owner of Jackalope, travelled a lot Fleur: It is a window into another world that you don’t – he was 26 or 27 when he started the project. He’d come even know exists, because you have to own a private jet or back from a fashion parade in Japan, and said: “Everyone in helicopter to be able to use this space. They used the old the fashion parade looked like praying mantises. I want Willie Ansett site and transformed it into this incredible airport. to design a lamp table in the style of a praying mantis.” And Melbourne Jet Base called us because they’d been then she had [just] four weeks to design this [praying mantis] instructed by the architect to consult an international brand, table, and Willie would be like: “Okay…!” and the owners Paul Little and Jane Hanson pulled it up and said: “Why would we have international designs when we Wilhelmina: Those sorts of challenges are really can fly to every private jet airport around the world and see great. It’s so much fun to be pushed in a direction and to take the same furniture?” They felt that people should fly to a EMBELLISH CHAIR FAUX LEATHER a concept to the limit. And you don’t get many clients who private Australian airport and see Australian designer want to take it to the limit. It is about getting that balance of furniture. And so, someone in the office said: “You should call not being too crazy, but also crazy enough that it’s Zuster, they just did Jackalope, and they should do this airport.” “ I thinkwiththat’scommercial interesting – and that’s a very, very fine balance. the thing Shaynna: I think that’s the thing with commercial We got a call and had six months to fully deck out this airport – including its accommodation and boardroom – it projects, you can really push the envelope, you can be that was a huge project. We started our first meeting saying that projects, you can really little bit more adventurous. But in the end, everything that we would develop new items specifically for the airport like push the envelope, you you did wasn’t crazy – it was art. we had for Jackalope Hotel, but they said no, they just wanted our classic pieces. We were over the moon – it was a can be that little bit Fleur: Another major turn in our business was the really big deal for us. more adventurous. But collaboration with Reece. We had that really low point in in the end, everything 2015-2016, and then, two or three months later, we started the Shaynna: A big difference with Zuster is that you collaboration with Reece. We went from a real low to manufacture right here in Melbourne as well, in your own that you did wasn’t thinking: “Oh my god, things are really changing!” And it has factory. You were saying you had that low point in 2015 crazy – it was art. Shaynna Blaze ” been such a brilliant collaboration – I’ve spent six years working on that partnership now – it is available in 140 stores and there are about 80 different designs and pieces. where you didn’t know where the business was going to go. Was it hard keeping the production local while trying to keep the business viable? PWSE0911_016_259447884.indd 16 2/9/20 1:29 pm
10 | PROPERTY WEEKLY Wilhelmina: The market was flooded with Chinese got a big team with three factories in Thomastown. A lot of imports during that particular period, so yes, that was really our guys and girls that work there started with us in difficult. That’s why we had to make that massive change as apprenticeships and now have girlfriends, have gotten well – and I’m so glad we did it. It’s funny how things happen, married, had children, and they’re the breadwinners of their because it pushed us to go in another direction that has been families. Initially we were so worried that we were going to so much better anyway. close down manufacturing for a period, and were worried about how we were going to survive. However, we’re so lucky Fleur: It has allowed us to become so much more we haven’t closed manufacturing at all and we’ve kept going unique. Zuster has a signature look now, whereas before, we the whole time. It has been really busy, especially with people had a very clean-line look. being home and not travelling. Shaynna: I think many businesses today that are Wilhelmina: And they want Australian-made going through rough patches are discovering that they need furniture as well, which has been really good for us. to change as well. We are creating a whole different work environment now that’s probably going to stay with us for a Shaynna: It is just like the Melbourne Jet Base airport couple of years – it’s not just six months – and it is going to – why have overseas designers when you can have something have a long-term impact. There are so many businesses Australian. As we’ve said for years, we do have it all here, taking that leap of faith and changing their approach. We’ve we’ve travelled and seen what we can manufacture locally, seen restaurants doing takeaway, and creating little shops and we certainly can do the design. Do you think that this will within their premises – just people thinking outside the square. be a tipping point for Australia to really look at what we’ve got The building industry is still facing COVID-related challenges locally? – how has that been for you? Wilhelmina: Definitely, and I think we need to push Wilhelmina: The business has just been so busy, ourselves more than ever to become really amazing and do and thankfully we haven’t had problems at all yet. But it’s a incredible things because now is really our opportunity. We all really worrying time. have to work harder in these times because we don’t know what’s going to happen in the future. It’s okay now, but we just Fleur: We had the initial shock when we saw what was don’t know what the future holds. So, we’ve really got to push happening in the rest of the world with everything being ourselves to the limits, and really be creative and think outside completely closed down. We were so worried because we’ve the box. Melbourne Jet Base collaboration. Attract The East PROPERTY WEEKLY 28 August 202 0 FLIP OV ER FOR THE AL L-NEW more potential buyers with PROPERTY WEEKLY INCLUDE PRINT ADS IN YOUR MARKETING CAMPAIGN Homes sold using a combination of online and print advertising 7 AVANT-GARD E 73A Victoria MASTERPIECE Road, Bellev ue Hill • are 21% more likely to sell propertywe • fetch higher prices PWSE0828_ 001_202559 ekly.net.au 156.indd 1 • sell more quickly Speak to your agent today 19/8/20 4:57 pm than homes advertised online only. Source: Core Logic Australia, January 2015 propertyweekly.net.au FOR MORE INFORMATION OR TO ADVERTISE PLEASE CONTACT: Joyce Wainstein 0425 273 946 or joyce@propertyweekly.net.au Yakov Moses 0411 548 690 or yakov@ propertyweekly.net.au PWSE0911_015_259455984.indd 15 2/9/20 3:12 pm
PROPERTY WEEKLY | 11 Exploring a new frontier for WHISKY The Japanese, Taiwanese and even Tasmanians have received global success with new world whiskies, proving to be immensely popular with casual and veteran whisky aficionados alike. M&H Distillery, producing Israel’s very first whisky, has also joined the party with its light single malt offering. BY GARETH NARUNSKY “There’s going to be Elements sherry finish. There’s going to be Elements peated version and there’s going to be Elements Israeli red wine,” Attir says. “WE’RE going to conquer the world with our whisky,” M&H Distillery CEO Eitan Attir says. Beyond that, M&H has plans for small batches of other more innovative products. “On one hand it’s a very arrogant thing to say, but it’s really thinking about bigger Everything it produces is non-chill filtered. goals, setting up a bigger distillery than we thought and about how to represent the best Every bottle of M&H also has one other thing in common. quality we can.” “On every bottle we write ‘Made in Tel Aviv’, because we’re really proud of that,” Attir Israel, situated in the hot and arid Middle East, is not the first place one thinks of for says. single malt whisky. But, in a start-up culture where there is no fear of failure, Attir says the “We are a new world whisky, but not from any place in the world. We are a new world motivation to create the country’s first whisky stemmed from an attitude of “why not?” whisky from Israel. From Tel Aviv.” Before it could produce its first drop, the M&H team studied an array of different distilleries and wineries, and head distiller Tomer Goren spent time learning his craft in F or more information on M&H Whisky Distillery, Scotland. Legendary whisky consultant Jim Swan was brought on board to advise the visit mh-distillery.com. To order a bottle of Milk & Honey Single Malt, fledgling company on R&D, recipes, distilling in a hot climate and more. visit albawhisky.com.au. Tel Aviv’s hot climate, Attir says, is an advantage. “The whisky matures much faster than in a traditional cold-weather country. You’re getting after three, four years a product that is much more mellow and smooth with a lot of flavours,” he says. “In Israel, it’s not only a hot climate, there’s four different climate zones in a very small country.” With its main warehouse in Tel Aviv, M&H has taken advantage of the Holy Land’s different climates, with a warehouse at the Dead Sea 400 metres below sea level, another at the Sea of Galilee in the country’s north and more planned for other areas. Attir adds that Israel’s start-up culture defines the whisky. “We are trying to do things on one hand traditionally, but on the other hand with our twist, with our innovation,” he says. “We’re the only whisky distillery in the world, I think, that has whisky that we’ve matured in pomegranate casks, different warehouse locations, beer casks, et cetera. “M&H whiskey is doing things to honour the tradition, but on the other hand doing it with a really innovative start-up mind.” M&H’s Classic single malt has already reached Australian shores and has a light and balanced character, with notes of vanilla and light oak, alongside a light black pepper spiciness. The distillery’s Elements range of products will be the next to arrive. PWSE0911_014_262180919.indd 14 2/9/20 3:06 pm
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