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News.com.au
3 hours ago
- News.com.au
Massive penthouse sale as beachfront tower unveiled
An interstate buyer has splashed $9.1m on a luxury penthouse set to be unveiled within days as the scaffolding comes down on Palm Beach's newest tower. The bumper off-the-plan sale is the biggest deal inked for Graya's beachfront Kloud project, the company's first multiresidential offering on the Gold Coast. Tennis ace Ash Barty is among other buyers in the 23-unit development, with the Wimbledon champion dropping close to $4m on a half-floor apartment. Winner refused to live in 'too perfect' $4m prize home Graya director Rob Gray said just three units were still available within the 41.25m-high tower. 'These have just come to market as the scaffolding starts to come down to reveal the exterior design. 'Construction hit top-out just before the penthouse was launched to the market, leaving just the interior work to be completed,' Mr Gray said. The penthouse was marketed by White Fox agent Nic Whitehead and sold within 15 days, with three offers received. 'Most of our buyers have been Queensland locals, but the penthouse sold to an interstate buyer looking to holiday in beautiful Palm Beach,' Mr Gray said. The 507 sqm penthouse spans two full floors, comprising a luxury living level and rooftop entertaining terrace with spectacular ocean views and resort-style amenities 'We wanted to capture the exclusivity of living sky high without sacrificing the experience of being barefoot on the sand,' said fellow Graya director, Andrew Gray. 'The penthouse achieves this through seamless transition from inside to outside spaces and the feeling of freedom and sophisticated comfort.' The apartment has four bedrooms, a media room, and statement kitchen with an island dining bar with stunning fluted stone accents. The private rooftop hosts a decadent indoor steam room, and a barbecue kitchen overlooking the alfresco terrace with dining area, lounging space, fire pit, spa and a pool with wading ledge. Rob Gray said the residence set a new benchmark for high-end living on the beachfront, where boutique developers were scrambling to meet demand from cashed-up local and interstate apartment buyers. Kloud was expected to be completed in November.
Daily Telegraph
3 hours ago
- Daily Telegraph
‘Secret' inner Sydney suburb where buyers get better value
It's a well-known suburb that's frequently flew under the radar with homebuyers and has now become something of a hidden gem within inner Sydney. PropTrack data has revealed the suburb Marrickville has emerged as one of the best value locations for house hunters wanting properties within a 10km radius of the CBD. The median house price is high at just over $2 million but it's the next cheapest areas after a cluster of suburbs directly under one of the main flight paths of Sydney Airport: St Peters, Tempe and Sydenham, along with Mascot. But local selling agents and buyer's agents alike have revealed it's not just the prices that make the area stand out: blocks tend to be bigger than neighbouring suburbs. MORE: 150 buyers for each home: house threat coming MORE: Scott Cam slams 'whingeing' Block couples Amenities in the area are also among the best in Sydney, with the suburb benefiting from proximity to multiple retail, transport and education hubs. Local resident Monica Wulff is preparing to sell her home of four years and lifted the lid on why she believes the inner west sleeper suburb has become so appealing. 'It still feels a bit like a secret,' Ms Wulff said. 'Everyone always knew about Newtown. But Marrickville? People are just starting to catch on.' Her home on Philpott St – tucked in one of Marrickville's quieter residential pockets – boasts a modern kitchen, generous backyard and open-plan living, with private laneway access, among other things. MORE: Meet the 4yo Aussie homeowner with a $1m portfolio MORE: Crowd pressure homebuyer to pay $550k extra But Ms Wulff said it's the suburb's blend of convenience and quiet that buyers should be paying attention to. 'We didn't find you could get that kind of value even in places a little further out like Leichhardt,' she said. 'You step outside and there are breweries, theatres, restaurants – and kids getting face paint at the park. It's got culture and it's got convenience.' Ms Wulff's selling agent Adrian Tsavalas, the director of Adrian William said: 'Most buyers we're working with are trying to secure the best property within their budget, as close to the city as possible, that's why Marrickville is such a hit with young families.' MORE: Fallout from RBA's huge rates move exposed MORE: Epic towers set to reshape Sydney skyline PropTrack data confirms Marrickville remains one of the most affordable suburbs within 10km of the Sydney CBD, despite offering near-identical proximity, connectivity and lifestyle to many more expensive areas. With three train stations, bus links and the upcoming Metro line, Marrickville's transport network now rivals some of the city's priciest blue-chip postcodes. Ms Wulff and her husband moved into their Philpott St home during the peak of Covid – navigating masked inspections, screaming online auctions, and agents openly mocking desperate buyers. 'Buying real estate is never enjoyable,' she said. 'But back then? It was brutal. 'There was one auction where agents were laughing at how badly people wanted the place.' MORE: Couple's bold move nets them record home price MORE: Sydney tenant slugged with $520k bill 'But we loved the home we eventually found: the renovation, the energy, the flow of the home. It was move-in ready and it just felt right.' Four years later, the family is upgrading to a multi-generational home with Wulff's elderly father-in-law, but said its bittersweet leaving Marrickville behind. 'We've lived in the inner west for about 20 years and this house was everything we needed – room for prams, bikes, tools,' she said. 'It gave us flexibility and freedom, and we were still right near the city.' She said the house is perfect for a growing family who refuses to trade lifestyle for a longer commute. 'We didn't want to give up that youthful vibe just because we had kids,' she said. 'Marrickville gave us both space and culture.'
News.com.au
3 hours ago
- News.com.au
‘Secret' inner Sydney suburb where buyers get better value
It's a well-known suburb that's frequently flew under the radar with homebuyers and has now become something of a hidden gem within inner Sydney. PropTrack data has revealed the suburb Marrickville has emerged as one of the best value locations for house hunters wanting properties within a 10km radius of the CBD. The median house price is high at just over $2 million but it's the next cheapest areas after a cluster of suburbs directly under one of the main flight paths of Sydney Airport: St Peters, Tempe and Sydenham, along with Mascot. But local selling agents and buyer's agents alike have revealed it's not just the prices that make the area stand out: blocks tend to be bigger than neighbouring suburbs. Amenities in the area are also among the best in Sydney, with the suburb benefiting from proximity to multiple retail, transport and education hubs. Local resident Monica Wulff is preparing to sell her home of four years and lifted the lid on why she believes the inner west sleeper suburb has become so appealing. 'It still feels a bit like a secret,' Ms Wulff said. 'Everyone always knew about Newtown. But Marrickville? People are just starting to catch on.' Her home on Philpott St – tucked in one of Marrickville's quieter residential pockets – boasts a modern kitchen, generous backyard and open-plan living, with private laneway access, among other things. But Ms Wulff said it's the suburb's blend of convenience and quiet that buyers should be paying attention to. 'We didn't find you could get that kind of value even in places a little further out like Leichhardt,' she said. 'You step outside and there are breweries, theatres, restaurants – and kids getting face paint at the park. It's got culture and it's got convenience.' Ms Wulff's selling agent Adrian Tsavalas, the director of Adrian William said: 'Most buyers we're working with are trying to secure the best property within their budget, as close to the city as possible, that's why Marrickville is such a hit with young families.' PropTrack data confirms Marrickville remains one of the most affordable suburbs within 10km of the Sydney CBD, despite offering near-identical proximity, connectivity and lifestyle to many more expensive areas. With three train stations, bus links and the upcoming Metro line, Marrickville's transport network now rivals some of the city's priciest blue-chip postcodes. Ms Wulff and her husband moved into their Philpott St home during the peak of Covid – navigating masked inspections, screaming online auctions, and agents openly mocking desperate buyers. 'Buying real estate is never enjoyable,' she said. 'But back then? It was brutal. 'There was one auction where agents were laughing at how badly people wanted the place.' 'But we loved the home we eventually found: the renovation, the energy, the flow of the home. It was move-in ready and it just felt right.' Four years later, the family is upgrading to a multi-generational home with Wulff's elderly father-in-law, but said its bittersweet leaving Marrickville behind. 'We've lived in the inner west for about 20 years and this house was everything we needed – room for prams, bikes, tools,' she said. 'It gave us flexibility and freedom, and we were still right near the city.' She said the house is perfect for a growing family who refuses to trade lifestyle for a longer commute. 'We didn't want to give up that youthful vibe just because we had kids,' she said. 'Marrickville gave us both space and culture.'
