8 PROPERTY WEEKLY16 October 2020 - TURN YOUR DREAMS INTO REALITY
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Caulfield PROPERTY WEEKLY 16 October 2020 8 TURN YOUR DREAMS INTO REALITY 81 Bealiba Road, Caulfield South propertyweekly.net.au PWME1016_001_419150312.indd 1 9/10/20 4:59 pm
2 | PROPERTY WEEKLY [ Residential ] Friday 16 October 2020 CONTENTS Cover story . . . . . . . . . . . . . . . . . . . . . 8 Residential property reviews . . . . . 9-18 Commercial property reviews. . . 22-23 IN THIS ISSUE: (left) 168b Kambrook Road, Caulfield, page 11, and (right) G04/10 Princes Street, Caulfield North, page 14. MARKETPLACE [ Residential auctions coming up ] ARMADALE 34 Glassford Str Wed 4 Nov 6pm Kay & Burton (03)9820 1111 CAULFIELD 168b Kambrook Rd Sun 25 Oct 12.30pm Gary Peer (03) 9526 1999 1 Anderson Str EOI Tue 13 Oct 5pm hockingstuart | belle property (03) 9593 8733 5/212 Kambrook Rd EOI Mon 23 Nov 5pm Rodney Morley (03) 9525 9222 CAULFIELD EAST 25 Lord Str Sat 14 Nov 1.30pm hockingstuart | belle property (03) 8532 5200 CAULFIELD NORTH 43 Crimea Str Thur 29 Oct 7pm Gary Peer (03) 9526 1999 288 Alma Rd EOI Thur 5 Nov 4pm Gary Peer (03) 9526 1999 441a Glen Eira Rd Sun 8 Nov 12.30pm Gary Peer (03) 9526 1999 6 St Aubins Ave Private sale Wilson (03) 9528 8888 G04/10 Princes Str Private sale Wilson (03) 9528 8888 CAULFIELD SOUTH 12 Raynes Str Thur 22 Oct 6pm Gary Peer (03) 9526 1999 34b Cedar Str Sun 1 Nov 11.30am Rodney Morley (03) 9525 9222 81 Bealiba Rd Sun 1 Nov 1pm Rodney Morley (03) 9525 9222 23 Cedar Str Sat 7 Nov 11.30am hockingstuart | belle property (03) 8532 5200 Photo: Rawpixelimages | Dreamstime.com. ELWOOD 1/2 Alfriston Str Private sale Wilson (03) 9528 8888 MALVERN EAST A welcomed relief 10/23-25 Warley Rd MELBOURNE Sat 24 Oct 10am hockingstuart | belle property (03) 8532 5200 The Real Estate Institute of Victoria property sales. However, the inability to 1/ K3 Union Str Sat 14 Nov 1pm Rodney Morley (03) 9525 9222 welcomed the announcement by the conduct any inspections saw the number ORMOND Premier of Victoria, Hon. Daniel Andrews of transactions plummet. The number of 1/33 Wheeler Str Sat 31 Oct 10.30am Gary Peer (03) 9526 1999 MP that private inspections for purchase or auctions over August was down by over 3 Olympia Crt Sat 7 Nov 12.30pm Gary Peer (03) 9526 1999 leasing of properties recommenced from 80% compared to recent years, with 11:59 pm Sunday 27 September 2020. September numbers reduced to under 10 ST KILDA per week. Although virtual auctions and 10/59 Carlisle Str Sun 25 Oct 11.30am Gary Peer (03) 9526 1999 This was great news for Victorians and 1-9/14 Marriott Str Wed 28 Oct 2.30pm Gary Peer (03) 9526 1999 should be seen as a positive and inspections were permitted, the reality is encouraging step towards a return to that most people will not purchase or ST KILDA EAST ‘normal’. It is encouraging to see that the lease a property sight unseen. Being able 20/46-50 Hotham Str Sun 25 Oct 10.30am Gary Peer (03) 9526 1999 plight of many Victorians who were to inspect properties in a private and safe 102/ 43 Balaclava Rd Sun 8 Nov 3.30pm Gary Peer (03) 9526 1999 unable to make decisions about their own manner will enable on-line auctions and 1&2/ 1 Holroyd Crt Sun 25 Oct 1pm Rodney Morley (03) 9525 9222 property has been reconsidered by the private sales to return. TOORAK government. The REIV appreciates the engagement 410 Toorak Rd EOI Wed 4 Nov 5pm Rodney Morley (03) 9525 9222 Relaxing of the restrictions that have with Hon. Melissa Horne Minister for 55/546 Toorak Rd Sat 21 Nov 1pm Rodney Morley (03) 9525 9222 stopped Victorians buying, selling or Consumer Affairs, who took the industry’s leasing their property will see a slow and feedback onboard and played an gradual return to real estate transactions important role in developing a re-opening in Melbourne. This will be an enormous strategy based on the information relief to buyers, sellers and renters alike, provided. many of whom have been suffering severe Real estate agents will now be able to financial and emotional stress over the conduct inspections by private past few weeks. The announcement is also appointment. While we await further welcomed by the real estate profession as details regarding the Second Step, REIV it will enable the first step in the resumption Members are prepared with all safety of property transactions and getting measures in place to ensure the market people back to work doing what they do can resume in a safe and efficient manner. best – helping Victorians find a home. As always, if a buyer or a seller is looking The REIV highlighted to the government for objective information on the market or the impact that the ban on inspections an agency– they should visit reiv.com.au. has had on the property market. Photo: 102/270 Hawthorn Road, Caulfield, page 16. Article supplied by Gil King, CEO, REIV. Spring is usually the peak time for PWME1016_002_423158902.indd 2 9/10/20 4:58 pm
GaryPeer.com.au Entry via Land size: Palm Avenue 1,170m2* approx 288 Alma Road, Caulfield North 4 A 3.5 B 4 C Expressions of Interest Inspect An architectural masterpiece Closing Thurs 5 Nov 4:00pm By appointment A house of international standards defined by a superior level of design, quality & construction that sets it apart. From the moment you step inside the entrance hall, highlighted by a tranquil internal courtyard complete with a feature fishpond, you’ll immediately get a sense of the calmness that prevails throughout. Comprising superbly Contact Phillip Kingston 0414 353 547 zoned formal & informal living & dining, a gourmet stone kitchen, alfresco terrace with established garden & more. Darren Krongold 0438 515 433 288AlmaRoadCaulfieldNorth.com Sally Zelman 0412 294 488 PWME1016_003_423134824.indd 3 9/10/20 3:36 pm
GaryPeer.com.au 40% Sold Caulfield’s most luxurious home size apartments NOW SELLING! Each apartment is generously proportioned with timeless appeal, brilliantly showcasing an impeccable attention to detail & clean contemporary lines with superb quality workmanship. Choose from ten remaining apartments from 90sqm to 183sqm Private sale from $950,000 - $2,050,000 2 or 3 2 2 Private sale Inspect by private appointment Rafi Joffe 0419 387 006 . le 0 20 ilab D 2 va Y!TE EC gs a IN R O TS D savin R P BREATHTAKING & UNINTERRUPTED BAY & CITY VIEWS U P R ty H ER A STA p du D N am IN THE HEART OF ELSTERNWICK VILLAGE IL TIO st U B U with C R 0 ST 0 N 0,0 SELLING FAST - Only 5 apartments with views remain CO 1,1 0 $ om Fr LARGE DOWNSIZER APARTMENTS 2 and 3 bedroom apartments from 95sqm to 205sqm. Whole floor option available for early purchasers. Call for a private appointment at our display centre. Rafi Joffe 0419 387 006 PWME1016_004_423148239.indd 4 9/10/20 3:41 pm
GaryPeer.com.au 10/59 Carlisle Street, St Kilda A chic Scandi style renovation provides a cool edge to this 2 A 1 B 1 C super smart first floor apartment. Large light filled open plan Scandi style in the living & dining with a balcony, a cool white & timber kitchen appointed with stainless appliances Bosch appliances, Auction Sun 25 Oct 11:30am Inspect By appointment lifestyle hub brilliantly lit & stylish bathroom, Euro laundry, split system & secure lock up garage off Mitchell Street moments from Guide $525,000 - $575,000 beach. Contact 10-59CarlisleStreetStKilda.com Michael Jonas 0427 558 880 441a Glen Eira Road, Caulfield North Finished to perfection, this brand new architecturally 5 A 4.5 B 4 C designed townhouse flaunts luxurious appointments across Architect designed three expansive levels. Featuring lift access from basement, an illuminated living & dining, state of the art stone kitchen Auction Sun 8 Nov 12:30pm Inspect By appointment family haven of luxury with Miele appliances, north facing alfresco & solar heated pool, the option of a downstairs/upstairs main bedroom both Contact with deluxe ensuites, three additional bedrooms, basement Maxine Piekarski 0411 642 255 441aGlenEiraRoadCaulfieldNorth.com with theatre room, parking for four cars & more. Arlene Joffe 0473 925 525 PWME1016_005_423153231.indd 5 9/10/20 3:43 pm
GaryPeer.com.au 12 Raynes Street, Caulfield South Auction Inspect 20/46-50 Hotham Street, St Kilda East Auction Thurs 22 Oct 6:00pm By appointment Sun 25 Oct 10:30am A family home of So much more than Guide Guide enduring style $1,825,000 - $1,975,000 meets the eye $530,000 - $580,000 5 A 3.5 B 2 C Contact 2 A 1 B 1 C Nikki Janover 0412 496 545 Contact 12RaynesStreetCaulfieldSouth.com Limor Herskovitz 0411 961 351 20-46-50HothamStreetStKildaEast.com Michael Jonas 0427 558 880 168b Kambrook Road, Caulfield Auction Inspect 1-9/14 Marriott Street, St Kilda Auction Inspect Sun 25 Oct 12:30pm By appointment Wed 28 Oct 2:30pm By appointment Architect designed Blocks don’t come Guide family brilliance $1,775,000 - $1,850,000 better than this 4 A 4 B 2 C Contact 18 A 9 B 6 C Jeremy Rosens 0413 837 723 Egor Fedorov 0414 336 079 Michael Jonas 0427 558 880 168bKambrookRoadCaulfield.com Leon Gouzenfiter 0422 339 791 1-9-14MarriottStreetStKilda.com Daniel Micmacher 0419 376 521 PWME1016_006_423160558.indd 6 9/10/20 3:45 pm
GaryPeer.com.au 43 Crimea Street, Caulfield North Auction Inspect 1/33 Wheeler Street, Ormond Auction Inspect Thurs 29 Oct 7:00pm By appointment Sat 31 Oct 10:30am By appointment A divine deco with Pristine perfection in a Guide Guide contemporary appeal $1,200 000 - $1,320,000 prime position $900,000 - $990,000 3 A 1 B 1 C Contact 2 A 2 B 1 C Contact Aviv Samuel 0401 378 582 Aviv Samuel 0401 378 582 43CrimeaStreetCaulfieldNorth.com Leor Samuel 0413 079 255 1-33WheelerStreetOrmond.com Leor Samuel 0413 079 255 3 Olympia Court, Ormond Auction Inspect 102/43 Balaclava Road, St Kilda East Auction Inspect Sat 7 Nov 12:30pm By appointment Sun 8 Nov 3:30pm By appointment Luxury living in the Luxury, space & light Guide zone $1,050,000 - $1,155,000 4 A 3 B 2 C Leon Gouzenfiter 0422 339 791 2 A 2 B 2 C Contact Jarrod Martin 0422 094 849 Rafi Joffe 0419 387 006 3OlympiaCourtOrmond.com Yan Dosen 0452 661 029 Julian Millman 0412 713 121 PWME1016_007_423161450.indd 7 9/10/20 3:45 pm
8| Friday 16 October 2020 COVER STORY Turn your dreams into reality 81 Bealiba Road, Caulfield South FEATURES Expansive 594 square metre plot Soaring ceilings with skylights Solid brick foundations 3d2e 2i Sitting proud on a generous 594 square metre plot of blue-chip land in sought-after Caulfield South and within close proximity to family-favourite Princes Park and Booran Reserve, this single-level residence is set safely back from the main street and features a generous rear back garden. The existing property, highlighted by soaring ceilings with skylights that bring plenty of light in, features an open-plan living and dining domain, an expansive kitchen with breakfast bar that overlooks a meals area, and access to a sunny alfresco space. Along with three bedrooms (main with ensuite) and a lounge room/fourth bedroom, the floor plan also features a central bathroom and a separate laundry. A double garage with storage space, new Auction Sunday 1 November at 1pm carpets and zoning for Caulfield South Primary School add to the appeal of this family home that’s brimming with potential. Price on application Agent Rodney Morley (03) 9525 9222 PROPERTY WEEKLY Property Weekly is printed by IVE Group, distributed by G&S Distribution & published by Polaris Media Pty Ltd. Sales & marketing/PW manager: Marina Yuksel Multimedia manager: Ren Rizzolo Head of marketing/PW editor: Belle Kwan CEO: David Redman FOR ENQUIRIES CONTACT: (03) 8531 8900 ADVERTISING: sales@propertyweekly.net.au National art director: Stephen Fretwell Subeditor: Michelle Perl EDITORIAL: editor@propertyweekly.net.au Art director: Samantha Oakley Editorial assistants: DISTRIBUTION: distribution@propertyweekly.net.au Designer: Adriana Alvarez, Jacqui Christians Zoe Eyles, Jade Redman, Carly Douglas DISCLAIMER: The views expressed in the articles in Property Weekly are not 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. PWME1016_008_422357786.indd 8 9/10/20 3:35 pm
[ Residential ] PROPERTY WEEKLY |9 Sleek & stylish 34b Cedar Street, Caulfield South Offering a low-maintenance family home across two levels, this as-new town residence features a ground floor dedicated to spacious and flexible living and entertaining. The property opens with a hallway that leads to a formal lounge before extending into an open-plan sitting and dining space that is serviced by a sleek modern kitchen with an island bench, breakfast bar and plenty of storage space. Outside, an alfresco timber deck overlooks a lawned garden. The top floor houses a main bedroom with ensuite and balcony, two further robed bedrooms, a central bathroom and study nook. Additional features of a garage with internal access, polished floors and ducted vacuum round out this offer. 3d2e 2i Auction Sunday 1 November at 11.30am Price on application Agent Rodney Morley (03) 9525 9222 PWME1016_009_422468640.indd 9 9/10/20 2:12 pm
10 | PROPERTY WEEKLY [ Residential ] Friday 16 October 2020 Lavish living for the whole family 31 Marara Road, Caulfield South This double-story residence is a contemporary family home in an ideal Caulfield South location just steps from Rosstown Rail Trail and zoned for the sought-after Caulfield South Primary School. A formal living area flows through to a spacious Caesarstone-topped kitchen and open-plan casual family domain, further opening out to an alfresco patio and rear garden. The ground level also offers two bedrooms (each with an ensuite), a study, powder room, and separate laundry. The top level houses a landing retreat with kitchenette and balcony, a main bedroom with built-in robes, balcony access, and ensuite, two additional bedrooms and a central bathroom. Along with an auto double garage, this family home also features an alarm system, heating and air-conditioning and easy access to nearby shops. 5d4e 3i Auction Sunday 25 October at 3.30pm Price on application Agent Gary Peer (03) 9526 1999 Dynamic duplex 1 & 2/1 Holroyd Court, St Kilda East, Vic 3183 Snug in this green St Kilda East court is a truly unique opportunity to restore, reconfigure or to redevelop in a coveted cul-de-sac that’s close to prestigious schools and shopping villages. The property is offered as two separate townhouses, each with an individual level, on a substantial 596 square metre block that includes generous front and rear gardens. Housing unique 1930s-style interior period detailing, each solid brick residence offers high ornamental ceilings, curved windows, a terrazzo- floored bathroom, three bedrooms, a central bathroom and a separate kitchen. The property is currently leased on monthly tenancies, and will come with a double garage. 6d2e 2i Private Sale Price on application Agent Rodney Morley (03) 9525 9222 PWME1016_010_422555903.indd 10 9/10/20 2:11 pm
[ Residential ] PROPERTY WEEKLY | 11 Redefining expectations 168b Kambrook Road, Caulfield This brand-new townhouse’s thoughtful design includes soaring ceilings, custom joinery, feature lighting and an abundance of natural light throughout. Engineered timber floors flow from the wide entrance hall with study nook through to a light-filled living and dining zone, with full-length sliding doors opening out to a paved side courtyard, alfresco entertaining area and rear garden. A state-of-the-art kitchen comes complete with butler’s pantry and marble benchtops. A bathroom, laundry, guest bedroom and bathroom complete the ground floor. The first level houses a luxurious main bedroom, two additional robed bedrooms (one with ensuite) and a central bathroom. 4d4e 2i Auction Sunday 25 October at 12.30pm Price $1,775,000 - $1,850,000 Agent Gary Peer (03) 9526 1999 Contemporary meets period charm 68 Riddell Parade, Elsternwick Blending rich period elements with chic finishes, this home features cast iron fireplaces, high decorative ceilings, original Baltic pine timber floors, and a cool, crisp colour scheme for a distinctly contemporary appeal. A vast open-plan family domain opens out to the expansive resort- style garden, complete with pool, undercover alfresco entertaining space and children’s cubby house. Flexible accommodations include four robed bedrooms and a rear home office/optional fifth bedroom/retreat. The floor plan is completed by two bathrooms, a lounge room and a separate laundry. Additional features include off-street parking for three. 5d2e 3i Auction Sunday 25 October at 2.30pm Price $1,900,000 - $2,090,000 Agent Gary Peer (03) 9526 1999 PWME1016_011_423038359.indd 11 9/10/20 3:51 pm
12 | PROPERTY WEEKLY [ Residential ] Friday 16 October 2020 Californian creation 1 Anderson Street, Caulfield Standing on an expansive lot of approximately 788 square metres, this three-bedroom Caulfield home is an incredible investment opportunity not to be missed. Located just a short distance from elite schools, a variety of retail and dining amenities and outdoor recreation at Caulfield Park, this grand block is ideal for an inspired renovation or a development of new luxury apartments (STCA). The existing property is an unrenovated double-fronted Californian brick residence with three bedrooms, multiple living spaces and a massive rear backyard with wide lane access from Anderson Street. 3d1e 1i EOI closing Tuesday, 13 October at 5pm Price $1,850,000 - $2,035,000 Agent hockingstuart | Belle Property (03) 9593 8733 Fuss-free first home 10/23-25 Warley Road, Malvern East This generous two-bedroom apartment is ideally situated in the lively suburb of Malvern East and makes for a great first home and savvy investment. With ample shopping, dining and recreational facilities in close proximity, this charming first-floor brick residence is just one of 10, and features a spacious living area with adjacent balcony, two robed bedrooms, a bathroom with laundry facilities and a separate kitchen with meals area. Located on a quiet tree-lined street, this property also comes with a single lock-up garage, and is close to public transport options and Monash University. 2d1e 1i Auction Saturday 24 October at 10am Price $500,000 - $550,000 Agent hockingstuart | belle property, (03) 8532 5200 PWME1016_012_422702431.indd 12 9/10/20 2:08 pm
CAULFIELD 1 Anderson Street 3 A 1 B 1 C MULTI-UNIT CORNER SITE DEVELOPMENT (STCA) In a prized street, this excellent allotment of FOR SALE approximately 788sqm (15m x 51m) offers an exciting VIEW opportunity for the perfect site to bring a brand-new See website for details luxury development to life, subject to necessary approval from council. GUIDE $1,850,000 - $2,035,000 9593 8733 Tony Hocking 0419 533 514 Tony Pride 0417 300 056 belleproperty.com PWME1016_013_423106687.indd 13 9/10/20 3:38 pm
14 | PROPERTY WEEKLY [ Residential ] Friday 16 October 2020 The fresh prince of Caulfield North G04/10 Princes Street, Caulfield North Set within a boutique development of just 14, this ultra-luxe double- storey town residence has been architecturally designed by Taylor Reynolds Architects and boasts refined interior aesthetics highlighted by timber floors and open-plan, light-filled living spaces. A statement front door sets the stage and opens to a spacious living and dining domain with access to an alfresco deck. The ground level also houses an elegant kitchen with a thick stone benchtop with breakfast bar. Sleeping accommodations are located on the first floor, accessible via lift or stairs. The main bedroom includes an ensuite and fitted study nook, and there are two further bedrooms and a family bathroom. Two secure basement car spots and a storage cage are also included. 3 d 2.5 e 2 i Private sale Price $1,386,000 Agent Wilson (03) 9528 8888 Revitalised in Elwood 1/2 Alfriston Street, Elwood This stylish and contemporary strata apartment on the first level of a classic ’70s block sits in a sought-after Elwood location just moments from Tennyson Street shops, Ripponlea Village and public transport options. Recently refurbished, this secure residence houses a large sun-bathed open-plan living and dining room that is serviced by a separate kitchen with sleek cabinetry and modern appliances. Two robed double bedrooms feature soft carpeting and large windows, and the bathroom includes a convenient separate toilet. Additional features include laundry facilities and a secure undercover car park with remote gate access. 2d1e 1i Private sale Price $485,000 Agent Wilson (03) 9528 8888 PWME1016_014_422955974.indd 14 9/10/20 3:54 pm
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16 | PROPERTY WEEKLY [ Residential ] Friday 16 October 2020 Functional meets luxury 102/270 Hawthorn Road, Caulfield This luxurious apartment in Caulfield’s “Mira” development impresses with a lush vertical garden on entry, and boasts an open-plan dining, living and entertaining space with an abundance of natural light. The property also offers a Calacatta marble-topped kitchen with butler’s pantry, two bedrooms (each with ensuite and private balcony) and a study or third bedroom. This sophisticated home, located walking distance from parklands and various shopping precincts, includes a basement garage with two car spots, basement storage and video intercom. Reverse-cycle heating and air conditioning, double glazed windows, engineered flooring, LED lighting and a powder room complete the residence. 3 d 2.5 e 2 i Private sale Price on application Agent Kay & Burton (03) 9820 1111 Charming hidden treasure 228a Kooyong Road, Caulfield Secluded in a peaceful setting, this single-level home sits in a highly sought-after locale near elite schools, cafes and plenty of retail options. A classic facade with an elevated front porch leads to an entrance hall with high ceilings and polished hardwood floors that flow through to an inviting living space and adjoining dining room. An updated kitchen features plenty of bench space and outdoor access to an established tropical rear garden sanctuary. Two bedrooms and a study (or third bedroom) are on offer, along with a central bathroom and separate laundry. Additional features include off-street parking for one car, ducted heating, split system heating/cooling, and the opportunity for further enhancements (STCA). 3d1e 1i Auction Sunday 25 October at 12.30pm Price $890,000 - $979,000 Agent Gary Peer (03) 9526 1999 PWME1016_016_423082192.indd 16 9/10/20 3:56 pm
[ Residential ] PROPERTY WEEKLY | 17 Top of the world 91/546 Toorak Road, Toorak Perched on the top of the iconic Barridene complex and located just walking distance from Toorak Village, this luxurious three-bedroom apartment boasts large windows with panoramic city and bay views and exceptionally spacious living and dining areas. Enter into the marble-floored entrance hall of this pristinely maintained home and be met with unique rice paper wall coverings and plush carpets. The floor plan also features a kitchen with meals area, a generous main bedroom with ensuite, two further bedrooms and a powder room. Along with access to an outdoor swimming pool, communal gardens and an on-site building manager, this residence also comes with video intercom and two car spaces. 3d2e 2i Private sale Price on application Agent Kay & Burton (03) 9820 1111 kayburton.com.au PWME1016_017_421984224.indd 17 9/10/20 2:07 pm
18 | PROPERTY WEEKLY [ Residential ] Friday 16 October 2020 Retro revival 20/46-50 Hotham Street, St Kilda East This first-floor apartment in a boutique block has been updated to add modern flair, featuring an abundance of natural light, parquetry flooring and a feature mirrored wall. The entryway leads through to an open- plan living and dining area, adjoined by a study/multipurpose space, as well as a spacious kitchen with statement tiled splashbacks. The robed main bedroom opens out to a private balcony, and the floor plan is completed by a second bedroom and a central bathroom with separate toilet. Additional features include three split systems, washing machine, secure entry, intercom and an undercover carport, all just moments from the hustle and bustle of Carlisle and Chapel streets. 2d1e 1i Auction Sunday 25 October at 10.30am Price $530,000 - $580,000 Agent Gary Peer (03) 9066 4688 Scandi St Kilda chic 10/59 Carlisle Street, St Kilda Sleek, Scandinavian-style renovations have added a cool edge to this first-floor apartment set quietly at the rear of a boutique block. Benefitting from an abundance of natural light throughout the day, the large open-plan living domain includes access to a breakfast balcony, and is serviced by a white and timber kitchen. The polished design remains consistent in the two robed bedrooms, a trendy subway-tiled bathroom with mirrored cabinetry, and a Euro laundry. This impressive unit also includes a secure lock-up garage. 2d1e 1i Auction Sunday 25 October at 11.30am Price $525,000 - $575,000 Agent Gary Peer (03) 9066 4688 PWME1016_018_423132919.indd 18 9/10/20 4:01 pm
[ Commercial ] PROPERTY WEEKLY | 19 trying to market and sell facilities for people in their 90s is PART OF A probably not what people expect, but it’s a very engaging sector to be in and I learn more and more every day. The whole team really enjoys learning about the intricacies of WINNING TEAM businesses from a tenant perspective or what makes a good freehold investment in the space, so it’s really engaging. BELLE KWAN: What has it been about your team that has helped you land some very big listings over the last couple CBRE’s Healthcare and Social Infrastructure team are sharing virtual high-fives all round as two of of years and getting the sell across the line? their members were announced as finalists of the 2020 REIV Awards of Excellence. Editor Belle Kwan JOSH: I think the beauty of our team is that we really bring speaks to Josh Twelftree (left) and Marcello Caspani-Muto (right) about the great news. individual attributes to a campaign and to a client. For instance, I’m quite good with the numbers side of things EDITED BY JADE REDMAN wouldn’t have the success that we currently do have and being an ex-accountant, Sandro is very good with buyers are forecasted to have for the rest of the year as well. From and Marcello is great on the analytical side. We all seem to BELLE KWAN: Congratulations Josh for being named one an agency perspective, we are very close but that also bring our own skill set to each campaign and each listing. of two finalists for the category of Commercial applies on a personal front – it helps a lot in having I think a lot of big listings have certainly been as a result of Salesperson of the Year, and Marcello as one of just up-front and honest conversations with the rest of the the relationships that we have built up and everyone in the three finalists for the category of Outstanding New team members as well. team having their own talents that work very well Agent of the Year for the 2020 REIV Awards of Excellence. together. MARCELLO: Being under the close guidance of Josh and What does it mean to be nominated and announced as Sandro has been massively important in my own personal finalists from both a professional and individual point of BELLE KWAN: Marcello, what has been the most growth ... everything that I have been able to achieve and important lesson you have learnt from Josh over the last view for the both of you? that we have achieved as a team has been a result of that three years? JOSH TWELFTREE: More then anything this nomination guidance. It was pretty easy to gel with everyone from the is a reflection of our Healthcare and Social Infrastructure get-go and we all speak almost every day. MARCELLO: It’s so hard to pinpoint any one thing. I think team and what we’ve achieved in the last five years. it’s more just consistently being around the positivity and Sandro Peluso and I started this business line back in 2014, BELLE KWAN: Working in the Healthcare and Social the energy that Josh brings. There’s probably not a and we’ve since grown to a team of six, so this is a Infrastructure team, what are some specific skills needed moment that Josh and I are together that we’re not in reflection of the hard work that we’ve all put in. From a that you think you guys have excelled in within such a good spirits. The relationships that Josh has developed as personal perspective, it is fantastic, but I’ve always been niche industry? a result of his energy and passion has been the biggest involved in a team and don’t really care so much about JOSH: In this industry, a lot of it comes down to the takeaway for me from working with him over the last few the personal accolades. relationships with not only investors and owners but also years. MARCELLO CASPANI-MUTO: I’ve been fortunate developers. Like I mentioned before, we started this team BELLE KWAN: Josh, what do you think has set Marcello enough to be working with Josh, Sandro and Jimmy Tatt in 2014 and it certainly was not easy for the first few years. apart from the other young guns out there to be for three years now right out of university, and similar to But over time we got our brand out there and a lot of nominated for this award? what Josh said, we’re not hung up on individual awards. It investors saw our results, highlighting the demand for the is great to have that recognition and we’re both stoked asset class. We put great emphasis on treating everyone JOSH: Oh probably that he’s learnt from me! Only joking and feel really fortunate to be in this position, but more on the same playing field and with the same respect, of course. I think Marcello is incredibly smart and I think to than anything, we think it’s great for the team. I’m so whether that be someone looking to buy a $50,000 have the motivation and drive that he’s got at his age is fortunate to have started my career where I have as I’ve medical centre or a $50 million medical centre. absolutely phenomenal and I’d love to see where he is in been able to learn from Josh and Sandro and put in place BELLE KWAN: Healthcare and Social Infrastructure 10 years’ time. He’s learnt and achieved so much in such a proven and successful habits right from the start. It does involving child care and aged care facilities may not seem short period of time, and to be so driven and such a hard mean a lot to receive this nomination and fingers crossed like an exciting industry for a young gun to be in, Marcello. worker is very inspiring. The nomination is a credit to all of we can get a result! How do you feel working in this industry and what excites the hard work that he has put in and the coming years will BELLE KWAN: In the commercial space where a lot of you about it? be very exciting. agents are working on their own, how important is it for MARCELLO: I couldn’t think of anything more exciting, to Winners of the 2020 REIV Awards of Excellence will be you two to be working in such a strong team together? be honest. I know it’s quite funny because usually in this announced on 22 October 2020. JOSH: This is super important. Especially in today’s space, people would expect and are used to dealing with Josh Twelftree can be contacted at 0452 524 985 and environment, if we weren’t all so close-knit, we probably far more seasoned agents, but I really love it. A 24-year-old Marcello Caspani-Muto can be contacted at 0417 065 777. PWME1016_019_422065548.indd 19 9/10/20 2:05 pm
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22 | PROPERTY WEEKLY [ Commercial ] Homecoming King Industry veteran and entrepreneur Rodney King joins Aston Commercial as director of agency, bringing 30 years of sales, marketing and real estate experience to the commercial property space. Commencing his career in real estate in 1989, Rodney accomplished entrepreneur to Aston Commercial. there is King got his first taste of the exciting world of property “While it was a fantastic experience starting up my plenty of with Birner Morley/Talbot Birner Morley (TBM), and sees own businesses, I missed spending time engaging with pent-up his appointment at Aston Commercial as a clients and vendors, and the exciting nature of a demand, and homecoming journey. day-to-day real estate career where you never quite that businesses will “TBM Commercial later merged with Beller know what’s going to happen, what properties you will be making changes Commercial to form BellerTBM Commercial in 2011, which be looking at and what opportunities are going to that are reflective of our is now the revitalised Aston Commercial,” said King. come your way. new environments. With the company’s rebrand and relaunch in early “I cut my teeth in the world of property at TBM, and I “As businesses start to 2020, King was keen on helping Aston Commercial grow am really excited to be bringing my knowledge back to reopen, I believe many will be and expand, and decided to rejoin the real estate Aston Commercial today.” assessing where they’ve been, where industry. King, who prides himself on his calm and considered they are today and where they need to “I left real estate for a number of years to start up two approach, believes that honesty and providing sound be. We will see changes to office spaces in companies, but even then, I remained strongly involved advice is key to excelling in his role. “I put my clients’ terms of sizes and locations, and industries like with property through buying, selling and developing. I goals and priorities first. Sometimes I win a listing or get health, aged care and education will continue to do believe that once you develop a love for real estate, a great sale, and other times, I might actually point flourish.” that passion never leaves,” said King. clients elsewhere if I genuinely feel that there are better Missing the interactive nature of a career in real estate, options for them out there.” Rodney King, director of agency at Aston Commercial, King felt it was time to bring the sales and marketing With Victoria’s commercial real estate market set to can be contacted at 0422 839 870 or rodney@ skills he acquired through his experience as an open up again in the coming weeks, King believes that astoncommercial.com.au. 8532 2222 astoncommercial.com.au Head online for our exclusive content Commercial real estate that breaks the cliches.. that’s different! Check out our latest videos and interviews with industry experts and lifestyle celebrities. We’re one of Melbourne’s largest, independent commercial real estate agencies. We’re local, experienced, driven and we get results. From humble beginnings, PLUS digital copies of every issue. our business has evolved to be the most knowledgeable and informed group of professionals in commercial real estate. E EKLY RTY W FOR st 2020 FLIP OVER PROPE 28 Augu NEW The East THE ALL- With COVID-19 impacting our lives in such a massive way, we wanted to reach out and re-iterate that while our physical office is now closed under Government imposed restrictions, we are still here to discuss and workshop any Commercial LIFESTYLE Property matters with you – Property Management, Sales, Leasing or Buying – or to Celebrities simply have a chat; We are here and ready to help. We’re in this together! Talk to us. PROPER TY WEE KLY PIECE MASTER T-GARDE AVANtori Bellevue Hill 7 73A Vic a Road, 19/8/20 4:57 pm Shay 28 Aug ust 2020 BlazenDESI nTALKa Fred Nucara Marc Hayden 828_001 _202559 156.indd 1 PAR S GN … with Zuster the Sisters PWSE0 T1 0418 567 560 0412 592 849 Create dream your Director & Officer in Director & Head of TIPS TO garde n MOTHERENJOYING THE BEA Effective Control Property Management NATU UT RE IN YO Y UR OWNOF SPACE INDUSTRY Jeremy Gruzewski Stephen Fischl LEAVE IT 5 BEREAHANSONDLES WHD BYY RELTH TO E EXPERT Experts 0422 211 021 0437 526 985 OCATIO NS SHO PROFESSIO S NALS ULD Director & Head Associate Director - PWSE0 828_032 _202135 186.indd 32 propertyweekly.net.au proper of Agency tyweek Property Management ly.net.au 19/8/20 5:39 pm PWME1016_022_422915042.indd 22 9/10/20 4:10 pm
[ Commercial ] PROPERTY WEEKLY | 23 COMMERCIAL AND INDUSTRIAL PROPERTY Double the appeal in Bondi 77 Bondi Road in Bondi, New South Wales presents a rare opportunity from Raine and Horne Commercial to secure a fully leased, long-established medical practice, along with a fully renovated first-floor three-bedroom apartment. The 188 square metre building, with Mixed Use B4 zoning, sits on a 217 square metre site and features dual frontage to Bondi Road and Ocean Lane right in the heart of one of Sydney’s most popular retail and dining hubs. The bright and spacious ground floor medical practice includes five consulting rooms, a spacious front office/waiting room and bathroom facilities. The upstairs apartment includes an open-plan living and dining room, a modern kitchen, two bathrooms and three bedrooms, along with front and rear balconies and laundry facilities. The property currently returns rent of $131,820 per annum plus GST and outgoings, and includes rear access and parking with five car spaces. 77 Bondi Road in Bondi, New South Wales will be sold via public auction on Wednesday 11 November at 11am. F or more information, contact Michael Buium of Raine & Horne Commercial on 0408 385 385, or michael.buium@rhc.com.au. 77 Bondi Road, Bondi NSW 2026 FREEHOLD MEDICAL CENTRE INVESTMENT IN BONDI This property represents a rare opportunity to acquire a fully Key selling points: leased long established medical practice along with fully - Building area: 188 Sqm* renovated first floor three bedroom apartment. This freehold - Land area:- 217 Sqm* property allows you to be part of the changing landscape of Bondi Road. - New Lease term - 3 + 3 + 3 years Situated on a 217sqm* site features dual frontage to Bondi - Current rent - $131,820 per annum plus GST plus Road and Ocean Lane and situated in the heart of one of Outgoings Sydney’s most popular retail and dining hubs. - Huge fully renovated first floor three bedroom Located between the world-famous Bondi Beach and Bondi apartment and includes open plan living-dining, Junction and is serviced by excellent public transport these modern kitchen and 2 bathrooms properties do not come up often. - Rear access and parking AUCTION: WEDNESDAY 11TH NOVEMBER 2020 @ 11am Michael Buium 0408 385 385 Suite 203/2-8 Elizabeth Street, Paddington NSW 2021 Ph: (02) 8095 6269 rhcommercial.com.au/bondijunction PWME1016_023_423186468.indd 23 9/10/20 4:18 pm
9525 9222 203 Balaclava Road, Caulfield North www.rodneymorley.com.au 428 Toorak Road, Toorak 9826 0000 PWME1016_024_422680856.indd 24 9/10/20 1:27 pm
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