One-time open homes for Brisbane's luxury new builds
Anyone wanting to take a peek inside two of Brisbane's most luxurious new builds will have their one chance this Saturday.
'Palma by Graya' in Ascot and 'Mosman' in Bulimba have been listed for sale and each will have just a single, one-hour inspection on Saturday, June 14, after racking up thousands of views online.
'Palma' will be open from 11.15am on Saturday, while 'Mosman' will be open from 1pm.
Both properties were designed by architect Tim Stewart with 'Mosman' developed by Michael and Natalie Ajaje of FBI Interiors constructed by McBryde Builders, while 'Palma' was a collaboration between Graya and Purdy Developments.
On the market through Heath Williams of Place New Farm, 'Palma' is built into a sloping block and has 694 sqm of living spread across three levels with five bedrooms, a six-car garage, a wine cellar and city views.
'Mosman' is for sale through Sarah Hackett of Place New Farm and has five bedrooms, a wine cellar with custom roulette table, a yoga studio and an eight-car garage with Ferrari mural.
Ms Hackett said unusually, the Bulimba home was being sold not only turnkey but also completely furnished.
'Someone is going to save years of their life and most likely money by buying this home,' she said.
'At this price point, the buyers are usually working mums and dads who are time poor.
'Not only has the hard work already been done (at 'Mosman'), but they have ticked every box and got it just right.'
Ms Hackett said Saturday's open home was sure to draw interest from anyone wanting to see behind the striking facade of 'Mosman'.
'It's hard to not have a reaction when you go through this home,' she said.
'The ceiling heights are enormous, the staircase was craned in and finished in venetian plaster, the master bedroom is as big as an apartment we're selling in New Farm, and the roulette table in the wine cellar is Casino-grade.'
'Mosman' owner and developer, Michael Ajaje said he and his wife set out to create the ultimate family entertainer with a beach club vibe after several other successful builds.
'We took the best of what we've learnt and seen over the years and put everything into this home,' he said.
The couple, who own FBI Interiors, built and decorated the property like it was their forever home.
'We wanted to show the locals, our customers and the people of Brisbane what can be achieved,' Mr Ajaje said
'This is the biggest and best we've done so far.'
Mr Ajaje said his favourite part of the home was the open plan kitchen and living space with curved staircase and seven arch windows, while the master suite was also a showstopper.
'The master walk-in is like a high end Prada shop with beautiful glass cabinetry … and the concrete bathtub and curved wall in the ensuite is definitely the star of the bathroom,' he said.
'We used lots of venetian plaster and microcement to create a European style that feels very suited to Queensland.'
'Palma' marketing agent, Mr Williams said this weekend's open home was the first time for him at this price point.
'I sold 'Larc by Graya', which was strictly by appointment for pre-approved buyers as it was a private residence, and we had just four groups through,' he said.
'('Palma') is one of those rare opportunities where a brand new build of this calibre has come to the market.
'So, we negotiated one open home and the rest by appointment only.'
Mr Williams said an in-person inspection would allow people to appreciate the privacy, position and northerly aspect of the home, as well as the scale and balance of the interiors.
'There has been a lot of intention put into making the floorplan work,' he said.
'The joinery in the kitchen goes up 3m and that void, though it could have been a negative, it is balanced quiet perfectly, and the sculptural staircase isn't overpowering.
'This could be a big family home but also could be a downsizer home.'
Craig Purdy of Purdy Developments said Ascot property was a nod to the Mallorca capital of Palma.
'The topography on the island leans toward luxury residences built into the side of the hills, which are also elevated to provide stunning views,' Mr Purdy said.
Like the luxury home of Mallorca, 'Palma' was designed to make use of its elevated city position.
'It is always our preference to have basements at street level in order to have the living levels elevated to capture summer breezes and the sun in winter,' Mr Purdy said.
Mr Purdy said visitors to the open home should take time to admire the curved staircase and the use of robust materials featured throughout the home.
'The staircase a piece of art in its own right,' he said.
'This is the first time we've done a curved staircase across three levels.'
Mr Purdy said the team behind 'Palma' was proud to show the finished product not only to the community, but to the construction industry.
'Often the engineers, the town planners, the certifiers, they work on projects and never get to see them when they're finished, yet they're so intrinsic to building the building,' he said.
Mr Purdy said the open home was also an opportunity for the public to find inspiration for their own homes.
'In our early days that's what my wife and I did,' he said.
'We went to see products we aspired to, and worked out how to put that into our residence.
'It might an element in the kitchen or in the butler's pantry or a design element in the ensuite – you can capture those and find a way to build that within your budget.'
'Palma' at 29 Towers St, Ascot, will be open for an hour from 11.15am on Saturday, June 14
'Mosman' at 29 Henderson St, Bulimba, will be open from 1pm on Saturday, June 14.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles

News.com.au
12 minutes ago
- News.com.au
Lunch Wrap: Oil and gold stocks surge following reports of Israeli strikes on Iran
ASX turns red as Israel hits Iran and oil surges Gold jumps and Aussie dollar sinks on war jitters Accent crashes 20pc as weak sales spook market The ASX started the morning with a bit of pep in its step, but that optimism didn't last long. By around lunch in the eastern states, the market had reversed course and was down 0.3%. The turning point was reports that Israel had launched airstrikes on Iran and its nuclear facilities, jolting global markets and sending investors running for cover. The news sparked an instant reaction across the board. Oil prices spiked as expected, given how much of the world's oil flows through the Strait of Hormuz, right in the crosshairs of this conflict. Gold also popped, briefly touching US$3410/oz, as investors piled into safe havens. And while those surges might sound like good news for certain stocks of the ASX, the broader market didn't love it. Risk sentiment has taken a punch to the gut with this news, and traders are starting to close the books early ahead of what could be a tense weekend. The big question now: does the conflict escalate from here? If it does, we're in for a rougher ride next week. The Aussie dollar also took a hit, dropping nearly 1% in less than an hour after the strikes were confirmed, to around US64.3 cents. In the large end of town, the biggest thud came from Accent Group (ASX:AX1), the retail group behind Hype DC, Platypus and Glue Store. Accent's shares crashed over 21% this morning after the company flagged weak sales post-Christmas and warned that full-year earnings will likely come in flat. That's not what the market wanted to hear, especially after the stock had already lost more than 20% this year. And, Dalrymple Bay Infrastructure (ASX:DBI) also felt the pinch, dropping 5% after reports surfaced that Brookfield Infrastructure had offloaded a 23.2% chunk of its stake in the Queensland coal port. ASX SMALL CAP WINNERS Here are the best performing ASX small cap stocks for June 13 : Security Description Last % Volume MktCap SRN Surefire Rescs NL 0.002 100% 2,004,907 $2,486,445 ENT Enterprise Metals 0.003 50% 1,000,000 $2,362,635 ICU Investor Centre Ltd 0.003 50% 200,328 $609,023 JNO Juno 0.036 44% 326,919 $5,230,926 EM2 Eagle Mountain 0.007 40% 1,554,948 $5,675,186 PRM Prominence Energy 0.004 33% 2,527,297 $1,167,529 8CO 8Common Limited 0.024 33% 1,279,353 $4,033,708 EAT Entertainment 0.005 25% 10,000 $5,235,144 MRD Mount Ridley Mines 0.003 25% 1,000,000 $1,556,978 MSG Mcs Services Limited 0.005 25% 175,000 $792,399 OEL Otto Energy Limited 0.005 25% 8,555,899 $19,180,039 SIS Simble Solutions 0.003 25% 10,999 $1,752,661 UBI Universal Biosensors 0.042 24% 68,082 $10,134,293 PHO Phosco Ltd 0.077 22% 95,588 $27,614,252 A11 Atlantic Lithium 0.165 22% 218,948 $93,574,887 ICG Inca Minerals Ltd 0.006 20% 5,675,253 $7,881,950 OLI Oliver'S Real Food 0.006 20% 15,000 $2,703,660 RC1 Redcastle Resources 0.006 20% 700,000 $3,717,835 PVW PVW Res Ltd 0.013 18% 315,106 $2,187,953 YAR Yari Minerals Ltd 0.013 18% 5,986,573 $6,101,826 JCS Jcurve Solutions 0.047 18% 343,790 $13,213,738 CDE Codeifai Limited 0.041 17% 2,110,842 $15,065,346 Juno Minerals (ASX:JNO) has handed over its Mount Mason iron ore project to Gold Valley Yilgarn (GVY) in a $6 million deal, plus a 2% royalty on future production. GVY plans to fire up mining in mid-2026, using Juno's existing infrastructure and a new haul road crossing Juno's nearby Mount Ida site, which isn't part of the sale. Juno keeps its key Mount Ida magnetite project and pockets cash plus future royalties. Terra Metals (ASX:TM1) has locked in a $4m cap raise to fast-track work at its Dante critical minerals project in WA. The cash is coming from strategic backers GEAR, part of Indonesian giant Sinar Mas, and Matthew Latimore of M Resources. Existing top shareholder Tribeca will also chip in to hold its 15% stake. The funds will fuel more drilling, and prep for a maiden resource estimate, as Terra ramps up what it reckons is a district-scale find. ASX SMALL CAP LOSERS Here are the worst performing ASX small cap stocks for June 13 : Code Name Price % Change Volume Market Cap AOK Australian Oil. 0.002 -33% 15,000 $3,005,349 AXP AXP Energy Ltd 0.001 -33% 50,000 $10,027,021 BMO Bastion Minerals 0.002 -33% 1,310,000 $2,710,883 OVT Ovanti Limited 0.002 -33% 1,006,466 $9,016,545 NAE New Age Exploration 0.003 -25% 401,015 $10,637,596 AX1 Accent Group Ltd 1.400 -22% 9,237,398 $1,085,140,142 AUK Aumake Limited 0.002 -20% 12 $7,558,397 ERA Energy Resources 0.002 -20% 204,755 $1,013,490,602 JAV Javelin Minerals Ltd 0.002 -20% 122,699 $15,315,373 THR Thor Energy PLC 0.009 -18% 10,000 $7,818,688 PL3 Patagonia Lithium 0.041 -18% 80,519 $5,970,518 AD1 Adneo Limited 0.045 -17% 123,182 $7,905,975 BSN Basinenergylimited 0.015 -17% 977,951 $2,210,928 ENV Enova Mining Limited 0.008 -17% 18,790,631 $12,721,507 ERL Empire Resources 0.005 -17% 347,579 $8,903,479 FBR FBR Ltd 0.005 -17% 2,952,279 $34,136,713 GGE Grand Gulf Energy 0.003 -17% 350,926 $8,461,275 TMK TMK Energy Limited 0.003 -17% 916,212 $30,667,149 ODA Orcoda Limited 0.068 -16% 133,877 $15,188,651 CTT Cettire 0.270 -16% 21,305,436 $121,996,230 MRR Minrex Resources Ltd 0.009 -14% 1,938,452 $11,391,109 AM5 Antares Metals 0.006 -14% 1,110,000 $3,603,970 BYH Bryah Resources Ltd 0.012 -14% 14,030,546 $12,179,349 IN CASE YOU MISSED IT Dimerix Limited (ASX:DXB) has reached 70pc of total adult patients to be dosed in its ACTION3 phase III clinical trial of DMX-200 in patients with focal segmental glomerulosclerosis. LAST ORDERS Antimony metallurgist David Fourie has joined the Trigg Minerals (ASX:TMG) team as a technical advisor for its net zero antimony strategy, centred on the Antimony Canyon project in the US. Fourie played a central role in the design and ESG elements of the first 'clean plant' antimony smelter built by SPMP to European environmental standards in Oman. SPMP is the largest antimony roaster outside of China, set to produce 20,000 tonnes of antimony products a year once the smelter reaches full capacity. At Stockhead, we tell it like it is. While Trigg Minerals is a Stockhead advertiser, it did not sponsor this article.

ABC News
40 minutes ago
- ABC News
Australian dollar dives as Israel's strikes on Iran rattle markets, oil prices spike
The Australian dollar has fallen heavily against the US dollar, losing 1 per cent against the greenback in a couple of hours on Friday morning. The local currency sank on the news of Israel's air strikes on Iran, which the Israel Defense Forces (IDF) said hit targets related to Iran's nuclear program. The Aussie dollar is often seen as a proxy for global financial and political instability. Markets live updates: follow our blog for the latest stock market, oil price and currency reaction to Israel's strikes on Iran The currency market moves coincided with a surge in the oil price and a buying spree of US Treasury bonds, pushing yields sharply lower. Interest rates on bonds move inversely to bond prices. It is an incredible turnaround from late yesterday, when investors were piling into the Australian dollar and away from the US dollar. "This morning's alarming escalation is a blow to risk sentiment and comes at a crucial time after macro and systematic funds have rebuilt long positions and investor sentiment has rebounded to bullish levels," IG's Tony Sycamore noted. Indeed, the US futures market for the Dow Jones Industrial Average shows US investors are expecting a heavy sell-off of US shares when Wall Street reopens overnight. Australian shares had opened slightly higher but moved into the red. Around the region, major stock indices in Japan, China, Hong Kong and South Korea were also in negative territory. "Markets clearly weren't braced for Israel's attacks on Iran, at least not as early as today," InTouch Capital Markets senior FX analyst Sean Callow told ABC News. Despite falls, the ASX 200 and All Ordinaries were outperforming other global markets as the spike in oil and gold prices saw energy and gold mining stocks rally. "The Aussie [dollar] was among the casualties in financial markets, sliding about 1 per cent as investors scrambled to sell equities and buy oil, and haven currencies such as the Swiss franc and Japanese yen," Mr Callow noted. What we are seeing is what analysts call a "risk off" environment where traders become stressed and move to assets deemed relatively risk-free. Marcus Today senior portfolio manager Henry Jennings said investors were "nervous". "Most of the nerves are coming from geopolitics. That is very much the case. "Of course, there's also the disappointment, I guess, about the trade talks between Trump and Xi with their proxies in London." Investors had been shying away from the US dollar as traders grew increasingly uncertain about United States economic policy. The drawn-out trade discussions — and the lack of any binding trade deal with the US's major trading partners — had led to an exodus out of the US dollar. Speculation about the direction of US interest rates has been a key driver of the direction of both the US and Australian dollars. The US central bank's Federal Open Market Committee meets next week to make its next rates decision. But Middle East geopolitics are now centrestage. Mr Jennings said the strikes did not come as a complete surprise to markets. Brent crude oil prices had risen more than 5 per cent on Wednesday. "Warnings had been in the wind for a little while and we had seen the oil price pushing higher on the back of potential increased hostilities in the Middle East. "The market has just probably become a little complacent because it's been very much off the agenda for some time and we've focused on tariffs. "We focused on even the LA riots … US debt, obviously, [is also] a big issue. So it just reminds us that all is not always well with the world." As for the tariff war, US Treasury Secretary Scott Bessent said he expected the US would extend the existing 90-day pause on some of its most aggressive tariffs to allow trade talks with other countries to continue. At 12:40pm AEST, the Australian dollar was down 0.8 per cent to around 64.8 US cents.

Daily Telegraph
an hour ago
- Daily Telegraph
Huge change coming to Aussie car market in 2025
Don't miss out on the headlines from On the Road. Followed categories will be added to My News. Australia's car market is undergoing one of its biggest shake-ups in decades, with some experts calling it the most dramatic shift in automotive history. From surging Chinese car brands and a cooling electric vehicle market to aggressive discounting and oversupply, the car industry is in for a bumpy ride. Federal Chamber of Automotive Industries data shows 1,237,287 new cars were delivered in 2024, a 1.7 per cent increase on the previous year. But that growth is not expected to continue. Cox Automotive Australia corporate affairs manager and analyst Mike Costello said flagging sales should improve in the second half of the year. 'Rate cuts from the RBA will help turn this around in H2, as will an uplift in government fleet post Federal Election,' Mr Costello said. While the first half of 2024 was strong, the closing months revealed a slowdown as manufacturers cleared Covid-era backlogs and Australian buyers felt the economic pressure, from inflation and rising interest rates. Now, in the lead-up to June 30, brands are rolling out aggressive discounts and generous drive-away deals. The discounting we're seeing isn't just due to softening demand but is being driven by improved vehicle supply, global overproduction and intensifying competition. The Hyundai Santa Fe is a smart pick for a family-oriented SUV thanks to its three rows of seating and ample room for people and cargo. Picture: Hyundai Motor America via AP During the Covid-19 pandemic, stock shortages meant car dealers could sell vehicles with little or no negotiation but those days are defiantly over. Mr Costello said the industry is at a real 'turning point'. 'We've moved from a seller's market in Covid to a buyer's market now – more in line with historical norm, there's been an improvement in vehicle supply, which has led to the return of incentives and discounting,' he said. Global factories are also playing a role with Chinese automakers facing oversupply in their home market and tightening trade restrictions in Europe and the Unites States. BYD has built it's own carrier vessels to transport EVs globally. Picture: AFP Australia has become a viable market for Chinese car manufacturers which has lead to aggressive local pricing, especially from brands such as BYD, Chery and GWM. data services Director Ross Booth said much of the automotive growth is coming from electric and electrified vehicles. 'We're seeing a clear shift towards more fuel-efficient vehicles, with strong growth in New Energy Vehicles – which include hybrids, plug-in hybrids, and battery electric vehicles,' Mr Booth said. Hybrid and electric vehicle sales made up just 8 per cent of new cars in 2021, jumping to 25 per cent by the end of 2025. 'Looking ahead, we're predicting NEVs to account for up to 35 per cent of the new vehicle market by the end of 2025, driven largely by increased demand for hybrids and PHEVs,' Mr Booth said. Conventional hybrids like the Toyota RAV4 seem to be a sweet spot for buyers. Picture: AFP Conventional hybrids seem to be the sweet spot for buyers not ready to take the full EV jump. In 2024, more than 172,000 hybrid vehicles were sold in Australia, a 76 per cent year-on-year increase, according to Federal Chamber of Automotive Industries (FCAI) data. EV uptake is slowing down despite new models reaching showrooms each month. The biggest shake-up for the industry comes from China. New brands such as BYD, Xpeng, Zeekr and Chery appeal to cost-conscious buyers. BYD sales are up 103 per cent this year, Chery is up 234 per cent and GWM is up 14 per cent. Despite the growth, Mr Costello said some buyers still have reservations. 'It's clear that while a subset of buyers still have reservations, perhaps in part because of their broader opinions on the Chinese State, an ever-growing cohort are opting for more affordable Chinese cars, swayed by their long warranties, cutting-edge tech, and modern designs,' Mr Costello said. 'People are also learning that these vehicles are often no less reliable or capable than other products.' Originally published as Huge change coming to Aussie car market in 2025