Paris Neilson's next project is a $59m strip in the heart of Redfern
The Town Hall's corner site at 366 Darling Street in Balmain has three levels. It's being sold with development approval for alterations and additions to the existing building and the use of the premises for food and drink.
The site is currently vacant. For the past 10 years it operated as a pub and a mixed-use premises occupied by a massage parlour, gym and bottle shop.
Originally the Town Hall Hotel, the property was built from 1887-1888 as part of the Balmain Civic group of buildings. The sale will be managed by James Cowan and Matthew Meynell from Colliers, along with HTL's Sam Handy and Andrew Jolliffe.
Sydney House
Construction of Sydney House, the former City Tattersalls Club in Pitt Street, into a mixed-use development is entering its next phase.
The 130-year-old State Heritage-listed building, now owned by a consortium led by Singapore-listed First Sponsor Group, and Melbourne-based ICD Property will become Sydney's newest mixed-use tower.
With an end value of about $200 million, the project at 194-204 Pitt Street is on track for delivery in 2027. The project includes 241 premium residences atop of a 135-room boutique hotel.
BVN Architecture designed the tower and interiors, and FJC Studio worked on the heritage podium. Richard Crookes Constructions is the builder and confirmed demolition and bulk excavation are now complete, and major structural activities are progressing at pace.
The site includes four different buildings, of which three will see significant heritage retention and restoration to both facades and key internal elements. Heritage works on site will retain the facade and Lower Bar, Sydney Room, Corinthian Room, and Billiard Room.
Loading
Tightly held
The chance to own the only motel in Lennox Head is now available.
In the tightly held coastal area of northern NSW, which is considered one of the country's most scenic and rapidly growing beachside towns, the Santa Fe Motel and Holiday Units is for sale with vacant possession.
It sits on a prominent 1370-square-metre landholding just 150 metres from Seven Mile Beach and offers direct access to Lennox Head's restaurants, cafes, bars and shops.
Under the same ownership for over 26 years, the motel has13 guest rooms, a manager's residence, reception and office area, swimming pool, guest laundry facilities and on-site parking.
No price was disclosed, but the agents said it is underpinned by solid trading performance and land value of $2.56 million, as assessed by the NSW Valuer General as of July 1, 2024.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Herald Sun
5 hours ago
- Herald Sun
New owner for rundown Toorak mansion with a wild history
A dilapidated Toorak mansion with a colourful history has fetched more than $5m. Named Cloyne, the circa-1926 Georgian Revival house at 611 Toorak Rd was scheduled to go under the hammer on Saturday. But due to a high level of interest from buyers, a boardroom auction for the property was held on Thursday. RELATED: Toorak land now asking $40m with no permit Toorak mid-century home listed with plans to transform into $8m luxury residence Myer family reveal new look for Toorak estate aiming to be Melbourne's second $100m home Jellis Craig Stonnington director Nathan Waterson declined to comment on the sold price but industry insiders indicated the five-bedroom home changed hands for a figure above the $4.75m-$5.225m asking range. The abode featuring a ballroom and a pool flanked by lion statues was previously owned by Louis Nelken, who was reportedly a butler to King George VI. In 1935, newspapers covered a reception that Mr Nelken and his wife Lesley held for guests to meet the then-political candidate for the seat of Fawkner, Harold Holt. Mr Holt later became the Australian Prime Minister and disappeared while swimming near Portsea in 1967. The Nelken's parties often made the gossip columns including a 1948 Melbourne Cup eve soiree they hosted for 300 people. Two years later, thieves broke into Cloyne and stole £5500 worth of jewellery, drank a bottle of Mr Nelken's beer and smoked his cigarettes. In the 1960s, Melbourne playboy and pilot Don Busch owned Cloyne before it was sold to hotelier William Drever. The mansion, which is protected under a heritage overlay, was designed by influential Australian architect Harold Desbrowe-Annear. Its interior has been subject to partial renovations across past years and requires significant work to restore its former glory. Three bidders contested the auction for Cloyne including one Canberra-based buyer, although the house was bought by a Melbourne family. 'I would say that all parties were there due to the architectural heritage of the home, the Harold Desbrowe-Annear design was a drawcard for a lot of people,' Mr Waterson said. According to PropTrack, Victoria recorded a preliminary 68.4 per cent clearance rate from 250 early auction results this week. About 1058 homes are expected to go under the hammer across the state next week. Sign up to the Herald Sun Weekly Real Estate Update. Click here to get the latest Victorian property market news delivered direct to your inbox. MORE: Former Carlton star Fraser Brown seals nine-figure deal Price shock: Luxe Aussie mansions now start at $2.52m Balwyn North arcade hits market after 50 years
News.com.au
7 hours ago
- News.com.au
New owner for rundown Toorak mansion with a wild history
A dilapidated Toorak mansion with a colourful history has fetched more than $5m. Named Cloyne, the circa-1926 Georgian Revival house at 611 Toorak Rd was scheduled to go under the hammer on Saturday. But due to a high level of interest from buyers, a boardroom auction for the property was held on Thursday. Jellis Craig Stonnington director Nathan Waterson declined to comment on the sold price but industry insiders indicated the five-bedroom home changed hands for a figure above the $4.75m-$5.225m asking range. The abode featuring a ballroom and a pool flanked by lion statues was previously owned by Louis Nelken, who was reportedly a butler to King George VI. In 1935, newspapers covered a reception that Mr Nelken and his wife Lesley held for guests to meet the then-political candidate for the seat of Fawkner, Harold Holt. Mr Holt later became the Australian Prime Minister and disappeared while swimming near Portsea in 1967. The Nelken's parties often made the gossip columns including a 1948 Melbourne Cup eve soiree they hosted for 300 people. Two years later, thieves broke into Cloyne and stole £5500 worth of jewellery, drank a bottle of Mr Nelken's beer and smoked his cigarettes. In the 1960s, Melbourne playboy and pilot Don Busch owned Cloyne before it was sold to hotelier William Drever. The mansion, which is protected under a heritage overlay, was designed by influential Australian architect Harold Desbrowe-Annear. Its interior has been subject to partial renovations across past years and requires significant work to restore its former glory. Three bidders contested the auction for Cloyne including one Canberra-based buyer, although the house was bought by a Melbourne family. 'I would say that all parties were there due to the architectural heritage of the home, the Harold Desbrowe-Annear design was a drawcard for a lot of people,' Mr Waterson said. According to PropTrack, Victoria recorded a preliminary 68.4 per cent clearance rate from 250 early auction results this week. About 1058 homes are expected to go under the hammer across the state next week.
The Advertiser
8 hours ago
- The Advertiser
Labor vows to slash red tape to turbocharge housing
Breaking ground on delivering 1.2 million homes starts by untangling the maze of bureaucratic approvals, the federal government says. Housing Minister Clare O'Neil has signalled a second-term Labor administration will move quickly to boost construction. "We've just been elected with a really clear mandate to improve our housing system in this country," she told reporters on Saturday. "We've got big reforms to implement, and not a day to waste in getting on with them." The minister vowed to simplify local, state and federal planning regulations by leading a council of planning ministers. "If we are going to address the housing needs of Australians, it is going to require the three levels of government to work together in new ways," she said. She will work with the building sector to implement innovative technologies to move past time consuming and costly methods of construction. Her comments come after an interview with ABC on Friday where she said "builders face a ridiculous thicket of red tape that is preventing them building the homes we need." Master Builders Australia CEO Denita Wawn said the cost of building a home had skyrocketed by 40 per cent over the past five years while construction times had ballooned by 80 per cent over the past decade. "It is critical that we remove the red tape that is hampering our capacity to build homes," she said. Ms Wawn was hopeful the ambitious goal of 1.2 million homes coming onto the market would be achieved, but said the group's projections showed there could be a slight drop-off. She argued that along with the focus on reducing red tape, there was an urgent need to apprenticeships and fast-tracking migration for skilled people. "For the first time, the federal government is leaning in and trying to ensure that there is a focused attention on housing," she said. But opposition housing spokesman Andrew Bragg said the government's plans were a "joke" and described Labor as "red tape champions." "Labor's signature housing policy, the Housing Australia Future Fund has built zero new homes in three years," Senator Bragg said. "Approvals are way down under their watch and their 1.2 million new home target is a dead duck." The Paris-based Organisation for Economic Cooperation and Development warned Australia on Tuesday to boost housing supply and address falling affordability. The OECD said easing zoning restrictions would strengthen competition and productivity, as well as raise housing investment to "reverse the long-standing decline in housing affordability". Breaking ground on delivering 1.2 million homes starts by untangling the maze of bureaucratic approvals, the federal government says. Housing Minister Clare O'Neil has signalled a second-term Labor administration will move quickly to boost construction. "We've just been elected with a really clear mandate to improve our housing system in this country," she told reporters on Saturday. "We've got big reforms to implement, and not a day to waste in getting on with them." The minister vowed to simplify local, state and federal planning regulations by leading a council of planning ministers. "If we are going to address the housing needs of Australians, it is going to require the three levels of government to work together in new ways," she said. She will work with the building sector to implement innovative technologies to move past time consuming and costly methods of construction. Her comments come after an interview with ABC on Friday where she said "builders face a ridiculous thicket of red tape that is preventing them building the homes we need." Master Builders Australia CEO Denita Wawn said the cost of building a home had skyrocketed by 40 per cent over the past five years while construction times had ballooned by 80 per cent over the past decade. "It is critical that we remove the red tape that is hampering our capacity to build homes," she said. Ms Wawn was hopeful the ambitious goal of 1.2 million homes coming onto the market would be achieved, but said the group's projections showed there could be a slight drop-off. She argued that along with the focus on reducing red tape, there was an urgent need to apprenticeships and fast-tracking migration for skilled people. "For the first time, the federal government is leaning in and trying to ensure that there is a focused attention on housing," she said. But opposition housing spokesman Andrew Bragg said the government's plans were a "joke" and described Labor as "red tape champions." "Labor's signature housing policy, the Housing Australia Future Fund has built zero new homes in three years," Senator Bragg said. "Approvals are way down under their watch and their 1.2 million new home target is a dead duck." The Paris-based Organisation for Economic Cooperation and Development warned Australia on Tuesday to boost housing supply and address falling affordability. The OECD said easing zoning restrictions would strengthen competition and productivity, as well as raise housing investment to "reverse the long-standing decline in housing affordability". Breaking ground on delivering 1.2 million homes starts by untangling the maze of bureaucratic approvals, the federal government says. Housing Minister Clare O'Neil has signalled a second-term Labor administration will move quickly to boost construction. "We've just been elected with a really clear mandate to improve our housing system in this country," she told reporters on Saturday. "We've got big reforms to implement, and not a day to waste in getting on with them." The minister vowed to simplify local, state and federal planning regulations by leading a council of planning ministers. "If we are going to address the housing needs of Australians, it is going to require the three levels of government to work together in new ways," she said. She will work with the building sector to implement innovative technologies to move past time consuming and costly methods of construction. Her comments come after an interview with ABC on Friday where she said "builders face a ridiculous thicket of red tape that is preventing them building the homes we need." Master Builders Australia CEO Denita Wawn said the cost of building a home had skyrocketed by 40 per cent over the past five years while construction times had ballooned by 80 per cent over the past decade. "It is critical that we remove the red tape that is hampering our capacity to build homes," she said. Ms Wawn was hopeful the ambitious goal of 1.2 million homes coming onto the market would be achieved, but said the group's projections showed there could be a slight drop-off. She argued that along with the focus on reducing red tape, there was an urgent need to apprenticeships and fast-tracking migration for skilled people. "For the first time, the federal government is leaning in and trying to ensure that there is a focused attention on housing," she said. But opposition housing spokesman Andrew Bragg said the government's plans were a "joke" and described Labor as "red tape champions." "Labor's signature housing policy, the Housing Australia Future Fund has built zero new homes in three years," Senator Bragg said. "Approvals are way down under their watch and their 1.2 million new home target is a dead duck." The Paris-based Organisation for Economic Cooperation and Development warned Australia on Tuesday to boost housing supply and address falling affordability. The OECD said easing zoning restrictions would strengthen competition and productivity, as well as raise housing investment to "reverse the long-standing decline in housing affordability". Breaking ground on delivering 1.2 million homes starts by untangling the maze of bureaucratic approvals, the federal government says. Housing Minister Clare O'Neil has signalled a second-term Labor administration will move quickly to boost construction. "We've just been elected with a really clear mandate to improve our housing system in this country," she told reporters on Saturday. "We've got big reforms to implement, and not a day to waste in getting on with them." The minister vowed to simplify local, state and federal planning regulations by leading a council of planning ministers. "If we are going to address the housing needs of Australians, it is going to require the three levels of government to work together in new ways," she said. She will work with the building sector to implement innovative technologies to move past time consuming and costly methods of construction. Her comments come after an interview with ABC on Friday where she said "builders face a ridiculous thicket of red tape that is preventing them building the homes we need." Master Builders Australia CEO Denita Wawn said the cost of building a home had skyrocketed by 40 per cent over the past five years while construction times had ballooned by 80 per cent over the past decade. "It is critical that we remove the red tape that is hampering our capacity to build homes," she said. Ms Wawn was hopeful the ambitious goal of 1.2 million homes coming onto the market would be achieved, but said the group's projections showed there could be a slight drop-off. She argued that along with the focus on reducing red tape, there was an urgent need to apprenticeships and fast-tracking migration for skilled people. "For the first time, the federal government is leaning in and trying to ensure that there is a focused attention on housing," she said. But opposition housing spokesman Andrew Bragg said the government's plans were a "joke" and described Labor as "red tape champions." "Labor's signature housing policy, the Housing Australia Future Fund has built zero new homes in three years," Senator Bragg said. "Approvals are way down under their watch and their 1.2 million new home target is a dead duck." The Paris-based Organisation for Economic Cooperation and Development warned Australia on Tuesday to boost housing supply and address falling affordability. The OECD said easing zoning restrictions would strengthen competition and productivity, as well as raise housing investment to "reverse the long-standing decline in housing affordability".
