Latest news with #Meriton
The Age
5 days ago
- Business
- The Age
Manly Sea Eagles co-owner sells stylish Bellevue Hill home circa $17m
With gardens designed by renowned landscaper Jamie Durie, the home is fitted with state-of-the-art solar panels and a Tesla battery, which allows it to operate almost entirely off the grid. 'It's the best street in the world, especially for surfing families. It's pretty exceptional [place to live],' Trueman told this masthead. Loading A surfing enthusiast and engineer by trade, Trueman has had a long career in various roles, including the project directing Circular Quay's Overseas Passenger Terminal, and more recently NorthConnex. The former McKinsey consultant has turned his focus in recent years to the renewable energy transition, helping businesses and governments reduce pollution in construction and infrastructure projects in particular. The 60-year-old has channelled his passion for preserving the environment as the chief executive for Twiggy and Nicola Forrest's now-defunct Sea the Future, a not-for-profit plastic recycling enterprise. He now runs his boutique advisory firm Bluewater Impact Partners and is a director of not-for-profit Surfrider Foundation Australia, which protects Australia's ocean, beaches and waves. The home is being sold through Michael Clarke of Clarke & Humel Property. Watsons Bay blank canvas sells to real estate scion Meriton executive Ariel Hendler, grandson of Australia's second-richest person, billionaire real estate mogul Harry Triguboff, has emerged as the $15.7 million buyer of an unrenovated Watsons Bay home, settlement records reveal. The 32-year-old is the director of asset management of his grandfather's company, overseeing Meriton's built for rent portfolio, which is the largest of its kind in the country, so he may know a thing or two about renting. He is still based, according to corporate records, at the Vaucluse address of his parents Sharon Hendler, Triguboff's daughter, and her husband, Gary Hendler. His older brother Daniel was announced as Meriton's deputy managing director as part of Triguboff's succession plans. Ariel purchased the four-bedroom, two-bathroom blank canvas with secure access to Camp Cove Reserve in the exclusive harbour enclave from property investor Jason Camuglia, who made a paper profit of $3.32 million after holding it for just four years. Before Camuglia offloaded it, he was renting it out for $3000 a week since 2022. While the home was being offered to the market as a package deal of more than 1300 square metres with a combined asking price of $23 million to $25 million, the neighbouring property set on 441 square metres is still on the market with a $7 million to $7.5 million guide. The selling agent on both homes is Paul Biller of Biller Property, who declined to comment when contacted. Ex Rugby chief's holiday home Rugby Australia's former chief executive Bill Pulver and his landscape architect wife Belinda Gibson have sold their Central Coast weekender for $2.45 million. The sold sticker went up on the couple's Avoca Beach property, which they bought as land for $85,000 in 1988. They went on to rebuild the property in the 2000s, turning it into a contemporary coastal retreat. Billed as a lucrative holiday rental, idyllic weekender or permanent coastal home, the five-bedroom, two-bathroom house set on 885 square metres features floor-to-ceiling glass, bi-fold doors and Blackbutt timber flooring. Pulver was the Union's chief executive over a tumultuous period between 2013 and 2018, overseeing the prolonged decision to axe the Western Force from the Super Rugby competition. The 65-year-old went on to become a director at language data services company Appen, where he made a fortune to the tune of $9.6 million, according to The Australian Financial Review.
Sydney Morning Herald
7 days ago
- Business
- Sydney Morning Herald
The houses where Australia's billionaires live, and how much they cost
How much does it cost to live like a Rich Lister? Many of Australia's billionaires amassed their fortunes in the property industry, but even those who built wealth in other sectors such as mining or technology have then been keen purchasers of residential real estate. Australia is now home to 161 billionaires, up from 150 a year ago, the Financial Review Rich List for 2025, published in full on Friday, reveals. The top industry for wealth creation was mining, whose rich listers are worth a collective $141.3 billion, followed by property, worth $125.8 billion across 44 entrants. Australia's richest person is mining magnate Gina Rinehart, worth $38.1 billion. Rinehart's residence in Perth's Dalkeith consists of three blocks in a cluster, a strip of land next door and an adjacent empty block that has been for sale for several years and has a price guide of $9 million. Second on the list is property developer and Meriton founder Harry Triguboff, worth $29.7 billion, who owns an expansive waterfront block in Sydney's Vaucluse, purchased in 1983 for $4.1 million, and next door added in 1998 for $6 million. He was followed by cardboard box king Anthony Pratt and family, of Visy, valued at $25.9 billion. Pratt recently made a move to the US, but the family's historic Raheen mansion is in Kew in Melbourne's leafy east.
The Age
7 days ago
- Business
- The Age
The houses where Australia's billionaires live, and how much they cost
How much does it cost to live like a Rich Lister? Many of Australia's billionaires amassed their fortunes in the property industry, but even those who built wealth in other sectors such as mining or technology have then been keen purchasers of residential real estate. Australia is now home to 161 billionaires, up from 150 a year ago, the Financial Review Rich List for 2025, published in full on Friday, reveals. The top industry for wealth creation was mining, whose rich listers are worth a collective $141.3 billion, followed by property, worth $125.8 billion across 44 entrants. Australia's richest person is mining magnate Gina Rinehart, worth $38.1 billion. Rinehart's residence in Perth's Dalkeith consists of three blocks in a cluster, a strip of land next door and an adjacent empty block that has been for sale for several years and has a price guide of $9 million. Second on the list is property developer and Meriton founder Harry Triguboff, worth $29.7 billion, who owns an expansive waterfront block in Sydney's Vaucluse, purchased in 1983 for $4.1 million, and next door added in 1998 for $6 million. He was followed by cardboard box king Anthony Pratt and family, of Visy, valued at $25.9 billion. Pratt recently made a move to the US, but the family's historic Raheen mansion is in Kew in Melbourne's leafy east.
Sydney Morning Herald
21-05-2025
- Lifestyle
- Sydney Morning Herald
$800 a week for that? The battle for better apartment design
I've always rejected one-bedroom apartment listings that show bed, kitchenette and toilet in tight proximity, but I've lived in plenty of apartments. And while I prefer a detached house, I know that if I ever want to buy a home in Brisbane, I'll probably have to downsize my ideas. It's a reality that Brisbane is grappling with broadly. We've held on to the Australian ideal of a home with a backyard for longer than Sydney and Melbourne, but as our population grows, we have little choice but to embrace mixed density. Census data from 2021 shows 60.2 per cent of all dwellings in the City of Brisbane were separate houses. High density accounted for 21.4 per cent of dwellings, and medium density for 17.8 per cent. The latter figures will nearly certainly grow after the next census in 2026. The question then becomes: what makes a well-designed apartment? The Australian Housing and Urban Research Institute says good apartments have the same qualities as well-designed homes, and they're comfortable places to occupy. Social enterprise organisation Cities People Love looked at how apartment design policies affect design quality and, in turn, the health and wellbeing of apartment dwellers. Their study measured the implementation of 96 design requirements that could plausibly affect health, from policies in NSW, Western Australia and Victoria, and across 172 buildings in Sydney, Perth and Melbourne. They found residents who felt more positive or satisfied with the design of their apartment had higher mental wellbeing, 'with the strongest evidence for natural ventilation, summer-time thermal comfort, indoor space and layout, and communal space quality in the apartment building'. Loading While I wonder how the 'unsellable' Melbourne developments might fair against the study's metrics, plenty of Brisbane proposals come to mind. Last year, billionaire developer Harry Triguboff unveiled plans to build twin towers on Alice Street overlooking the city's botanic gardens, adding more than 1000 units to Brisbane's CBD. Replies to this masthead's story conveyed the cynicism felt towards this style of apartment living. 'Very bad feng shui living in one of those places,' one reader commented. Another replied: 'Nothing says welcome like a thousand overpriced concrete chook boxes.' Of course, Meriton's twin towers sit on the more extreme end of density. An 'apartment' could also be a unit in a six-pack, like the blocks that dominate New Farm. A few weeks ago, I did a walk-through of Canvas, a luxury three-storey apartment building in Bulimba designed by architecture practice Bureau Proberts. They turned the site of two old warehouses on a 1600-square-metre block into 21 apartments, or – as Bureau creative director Liam Proberts describes it – 'a 21-pack'. Canvas mimics the advantageous qualities of a detached home and builds on the philosophy that good design, implemented by architects and developers, can make apartment living more desirable. Loading 'These were specifically designed for people to live in, rather than what often becomes a rental or investment property,' Proberts says. 'To do that, you need to have a sense of place and identity ... because you want to feel at home. 'We were taking back the qualities of Queensland living, where people are used to a backyard, and translating it into apartment living. It's a home alternative.' A three-bedroom Canvas unit sold last year for $2.2 million, having previously sold for $1.9 million in 2022.
The Age
21-05-2025
- Lifestyle
- The Age
$800 a week for that? The battle for better apartment design
I've always rejected one-bedroom apartment listings that show bed, kitchenette and toilet in tight proximity, but I've lived in plenty of apartments. And while I prefer a detached house, I know that if I ever want to buy a home in Brisbane, I'll probably have to downsize my ideas. It's a reality that Brisbane is grappling with broadly. We've held on to the Australian ideal of a home with a backyard for longer than Sydney and Melbourne, but as our population grows, we have little choice but to embrace mixed density. Census data from 2021 shows 60.2 per cent of all dwellings in the City of Brisbane were separate houses. High density accounted for 21.4 per cent of dwellings, and medium density for 17.8 per cent. The latter figures will nearly certainly grow after the next census in 2026. The question then becomes: what makes a well-designed apartment? The Australian Housing and Urban Research Institute says good apartments have the same qualities as well-designed homes, and they're comfortable places to occupy. Social enterprise organisation Cities People Love looked at how apartment design policies affect design quality and, in turn, the health and wellbeing of apartment dwellers. Their study measured the implementation of 96 design requirements that could plausibly affect health, from policies in NSW, Western Australia and Victoria, and across 172 buildings in Sydney, Perth and Melbourne. They found residents who felt more positive or satisfied with the design of their apartment had higher mental wellbeing, 'with the strongest evidence for natural ventilation, summer-time thermal comfort, indoor space and layout, and communal space quality in the apartment building'. Loading While I wonder how the 'unsellable' Melbourne developments might fair against the study's metrics, plenty of Brisbane proposals come to mind. Last year, billionaire developer Harry Triguboff unveiled plans to build twin towers on Alice Street overlooking the city's botanic gardens, adding more than 1000 units to Brisbane's CBD. Replies to this masthead's story conveyed the cynicism felt towards this style of apartment living. 'Very bad feng shui living in one of those places,' one reader commented. Another replied: 'Nothing says welcome like a thousand overpriced concrete chook boxes.' Of course, Meriton's twin towers sit on the more extreme end of density. An 'apartment' could also be a unit in a six-pack, like the blocks that dominate New Farm. A few weeks ago, I did a walk-through of Canvas, a luxury three-storey apartment building in Bulimba designed by architecture practice Bureau Proberts. They turned the site of two old warehouses on a 1600-square-metre block into 21 apartments, or – as Bureau creative director Liam Proberts describes it – 'a 21-pack'. Canvas mimics the advantageous qualities of a detached home and builds on the philosophy that good design, implemented by architects and developers, can make apartment living more desirable. Loading 'These were specifically designed for people to live in, rather than what often becomes a rental or investment property,' Proberts says. 'To do that, you need to have a sense of place and identity ... because you want to feel at home. 'We were taking back the qualities of Queensland living, where people are used to a backyard, and translating it into apartment living. It's a home alternative.' A three-bedroom Canvas unit sold last year for $2.2 million, having previously sold for $1.9 million in 2022.
