Latest news with #penthouse
Daily Telegraph
13 hours ago
- Business
- Daily Telegraph
Billionaire heiress Sophia Forrest's penthouse for sale
Actor Sophia Forrest, the daughter of mining billionaires Andrew and Nicole Forrest, has listed in Waterloo. Forrest made the move from Perth in 2018, buying the penthouse for $1.8m in 2020, then taking up residency with now wife, fellow actor Zara Zoe. The split-level three bedroom, two bathroom penthouse sits atop Warehouse 5 on Phillip Street with 183 sqm of space. MORE: MORE: Kyrgios' next big move after split from girlfriend Belle Property agents Blair Cardile and James Perlowski have the off-market penthouse listing. There are hefty $5000 quarterly strata levies for the apartment first sold for $755,000 in 2003. The development, constructed around a pool and parklands, has 127 apartments over five buildings. With 33 sales over the past year, Proptrack calculates Waterloo's three bedroom median apartment price as $1.4m, up 3.9 per cent annually. The median was $1.43m when the penthouse last sold in late 2020. MORE: Bizarre feature of Hemsworth's $50m Byron Bay home It was 1998 when developer St Hilliers bought the former the 1.4ha Chubb site for $5.8m. Warehouse 5's highest price sits at $2,185,000 from a 2017 sale. Forrest's separated parents own abode's in the Sydney CBD's Quay Grande and at Point Piper. Her next role is in July at Carriageworks in Black Swan State Theatre Company's production of Prima Facie. MORE: Byron Bay's Beach Hotel sold for $140m MORE: Wild reason Aussie has 300 homes
News.com.au
15 hours ago
- Business
- News.com.au
Billionaire heiress Sophia Forrest's penthouse for sale
Actor Sophia Forrest, the daughter of mining billionaires Andrew and Nicole Forrest, has listed in Waterloo. Forrest made the move from Perth in 2018, buying the penthouse for $1.8m in 2020, then taking up residency with now wife, fellow actor Zara Zoe. The split-level three bedroom, two bathroom penthouse sits atop Warehouse 5 on Phillip Street with 183 sqm of space. Belle Property agents Blair Cardile and James Perlowski have the off-market penthouse listing. There are hefty $5000 quarterly strata levies for the apartment first sold for $755,000 in 2003. The development, constructed around a pool and parklands, has 127 apartments over five buildings. With 33 sales over the past year, Proptrack calculates Waterloo's three bedroom median apartment price as $1.4m, up 3.9 per cent annually. The median was $1.43m when the penthouse last sold in late 2020. It was 1998 when developer St Hilliers bought the former the 1.4ha Chubb site for $5.8m. Warehouse 5's highest price sits at $2,185,000 from a 2017 sale. Forrest's separated parents own abode's in the Sydney CBD's Quay Grande and at Point Piper. Her next role is in July at Carriageworks in Black Swan State Theatre Company's production of Prima Facie.
Forbes
7 days ago
- Business
- Forbes
An Exclusive First Look Inside Mandarin Oriental Mayfair's New $54,000-A-Night Penthouse
Mandarin Oriental Mayfair's new four-bedroom penthouse has a wraparound terrace with 180-degree panoramic views across London. London's luxury hotel sector continues to boom. With an unprecedented wave of high-end openings and reinventions, the city is playing host to a five-star arms race to see which brand can best the rest. With already one iconic hotel in London, Mandarin Oriental made an impressive follow up in June 2024 with a second property Mandarin Oriental Mayfair; however, just this month the boutique hotel on Hanover Square revealed a new pièce de résistance: a four-bedroom penthouse floating above the skyline on the 11th floor of the hotel's southern tower. With a balkingly expensive price tag of £40,000 per night (approximately $54,000), it's setting a new benchmark for ultra-luxury stays in the capital and wins the title as the most expensive suite in the city at the time of writing. A grand, expansive sanctuary wrapped in glass and bathed in natural light, the new penthouse is part of the hotel's 77-residence collection and the only one of its kind. Spanning just over 5,000 square feet with an epic panoramic terrace and an impressive Post-Impressionist art collection, it's a design dream with some of the best views in town. The penthouse has been described as evoking the quiet elegance of a private yacht for good reason: Studio Indigo—a design and architecture firm known for its sophisticated London residential projects and yachts—was at the helm. 'Much like our approach to the hotel itself, our goal was to create a unique sense of place, one that reflects the grandeur and glamour of Mayfair while offering a sanctuary of calm and sophistication,' Olga Fox, Director of Interiors at Studio Indigo, tells Forbes. 'The architectural layout is quite linear, so we introduced curvature and fluidity to soften the space and enhance its flow through bespoke joinery and organic silhouettes of the furniture.' The penthouse has 180-views across London In a space where floor-to-ceiling windows offer commanding views of London (including icons like Parliament, the Shard, and St. Paul's), the design team ensured that the city remained a key focus in the experience. 'From the outset, the view was everything,' says Fox. 'We designed low, sculptural sofas that frame the extraordinary views and transition seamlessly into the dining area, creating a continuous visual and spatial rhythm,' she says. 'We reconfigured the entrance to create an uninterrupted vista that draws the eye from the front door straight through to the open plan living and dining area, framing the city beyond. Where possible, we also oriented the bedrooms to enjoy the view from your bed, ensuring that the connection to the city is ever-present.' The materials (silk georgette stone, light eucalyptus and hand-finished liquid metals) are also meant to be a reflection of the cityscape. 'Every material choice was made to heighten this sense of elegance and ease, mirroring the refined, cocooned experience of a private yacht but grounded in the architectural language of the city,' says Fox. She also stresses that imparting a sense of quiet luxury was the end goal: 'The challenge was to evoke opulence without overwhelming the senses. By exercising restraint in the right places and allowing moments of drama to emerge through detail and craftsmanship, we achieved a balance between intimacy and grandeur.' Sans Souci chandelier Bar details The well-equipped and stylish kitchen At the heart of the penthouse is an open-plan living and dining space, anchored by an architectural bioethanol fireplace. There are subtle but inspiring displays of European craftsmanship at every turn: hand-painted Fromental wallpapers (inspired by 19th-century English landscapes) bring romance to the walls, while the jewel-like San Souci chandelier in amber and white glass adds playful elegance from above. 'Every element of the penthouse was designed to honour British craftsmanship while reflecting the contemporary spirit of Mayfair,' says Fox. 'We collaborated with artisans such as Bulgaro for the joinery and Hospitality Projects for bespoke furniture, creating a layered, tactile environment.' One example of this very British and collaborative spirit can be seen in the joinery in the living room's media unit, a notorious hard piece to make elegant, which Fox now counts as her favorite design moment. Designed by Studio Indigo and manufactured by Bulgaro, feature panels on the unit were first passed to Hare & Humphreys for hand finishing in a high-gloss pearlescent resin. Then, a sliding mechanism was discreetly integrated to allow for a television and soundbar to be concealed behind the panels. Finally, Simonetti inlayed dark mother-of-pearl when the unit was in situ. The result is a one-of-a-kind piece that steals the show. Throughout the penthouse, design and narrative come together through carefully curated art. 'A standout moment was curating the collection of Post-Impressionist artworks from the vast private collection of the Chairman [of Mandarin Oriental],' says Fox. The penthouse includes opulently framed pieces from artists Fritz Preiss; Henry Moret; André Brasilier; as well as the stunning large-scale canvas "Komödianten," one of the most recognizable works from figurative German artist Willi Sitte. 'These pieces not only elevate the space but also create a meaningful bridge between past and present, adding a deeply personal layer to the design narrative,' Fox says. They also make the penthouse feel much more intimate and residential. One of the most impressive pieces of art in the penthouse is "Komödianten" by figurative German artist Willi Sitte. The art extends into the four bedrooms, inspired by the Eastern heritage of the Mandarin Oriental brand. 'Each room explores a different narrative: one features an églomisé headboard inspired by the ephemeral beauty of smoke and another incorporates gilded chinoiserie florals and the ginkgo leaf, a symbol of longevity and resilience in Japanese culture,' says Fox. 'These elements were paired with contemporary furnishings to create a dialogue between tradition and modernity, giving each bedroom its own identity while maintaining a cohesive story throughout the penthouse.' The primary bedroom is dressed in mother-of-pearl accents and wisteria wallpaper One of the four bedrooms The primary bedroom has a walk-in wardrobe and a bathroom with a marble soaking tub Each of the four bedrooms has a private bathroom, and the primary—with views over the former department store, Fenwick of Bond Street—also has a bathtub, complete with a Mandarin Oriental-branded golden rubber duckie and a walk-in wardrobe. There are also ultra-chic kimono-style dressing gowns. Outdoors, the residence stuns with an oversized private terrace that wraps around two sides of the penthouse, and is outfitted with a bioethanol fire pit surrounded by outdoor seating and a dining area under a pergola. The space is well landscaped with breezy grasses and woodland sage, a bit hit with bumble bees. A spiral staircase leads up to a second, more private terrace. Spiral steps lead to a second rooftop terrace. The penthouse terrace is well landscaped Despite its exquisitely private, personal and residential feel, guests of the penthouse can enjoy Mandarin Oriental's famously high-detailed service and are granted access to the hotel's amenities including the state-of-the-art spa, pool and wellness studio; and fine dining care of celeb chef Akira Back, who won a Michelin star for his Japanese and Korean-inflected restaurant Dosa, in the 2025 Michelin Guide.
Irish Times
22-05-2025
- Business
- Irish Times
Purchaser of €6m Ballsbridge penthouse sues over heating system
A businesswoman who bought a penthouse apartment in Ballsbridge, Dublin, for more than €6 million – marketed as 'thought to be the most expensive in Ireland' – has claimed in the High Court she has had to endure 'unbearable' temperatures of up to 33C degrees due to an alleged failure to maintain or repair the district heating system. Aideen O'Byrne is seeking injunctions preventing the developer of the property from transferring its beneficial interest in the Lansdowne Place apartment buildings and common areas to an owners management company until problems are resolved. She has brought the proceedings against the developer, Copper Bridge C 2015 ICAV, and O'Connor Sutton Cronin and Associates Ltd. On Thursday, Mr Justice Brian Cregan granted her an interim order until next week preventing Copper Bridge transferring its interest pending determination of the proceedings. The application was made by Fiona Forde BL, on a one side only represented basis. READ MORE In an affidavit, Ms O'Byrne said that in 2017 she agreed to pay some €6.5 million off the plans for the penthouse with a construction period of two years. The price was ultimately reduced by €335,000 and she moved in 2021 and lives there with her husband. She said the developer maintained the apartments were of the highest standard and her property was publicised by agents as 'thought to be the most expensive apartment sold in Ireland' at the time. However, she said she did not receive full value for the price paid due to issues including the internal temperature frequently making occupation uncomfortable and 'occasionally unbearable'. An expert report found that during last year's summer of moderate/below average temperatures there was a threshold internal temperature of the apartment of 33.4 degrees centigrade which is well above acceptable temperatures including those recommended by the World Health Organisation. She said the owners management company was aware of the problem and a report was provided in 2021 showing lobby areas were consistently showing temperatures of 29 degrees. The report recommended door-hold open devices, the opening of high level stair ventilators and the operating temperatures of the district heating system were also reduced. Ms O'Byrne said the opening of the automatic vents on her roof garden was both a security risk, visual eyesore and noise nuisance. Certain other recommendations were made to deal with the problem including a shut down of the district heating system between midnight and 5am and insulation improvements to the pipework. The management company said last February, through its solicitor, that a report had been sent to the developer with certain recommendations in relation to heating in the lobby areas and was 'in hand'. She has not been furnished with it, despite repeated requests, she said. She had brought proceedings in 2022 against the defendants alleging breach of contract, negligence and breach of duty including by failing to repair/maintain the heating system and common areas. She now seeks that the management company be also joined as a defendant. She said last April a note was circulated to all residents by the management company rejecting any liability for alleged defects. It said it had been notified of the proposal to join it as a co-defendant but said 'if the member persists, the owners management company will incur significant costs for the High Court representation including senior and junior counsel, engineers and architects etc'. Ms O'Byrne said this appeared to 'comprise an effort to intimidate and isolate me from my fellow residents' and put pressure on her to abandon her requests for an indemnity from the developer in relation to issues with the apartment. In April the developer confirmed the transfer of the legal interest in the common areas to the management company and therefore the only interest remaining was the beneficial interest, she said. There was now an urgency to prevent the transfer of that remaining interest as the developer had not given an undertaking not to do so, she said. She said the developer is a special purpose investment vehicle (ICAV) which meant the owners would not have any recourse under company law against it. She has no assurance the developer will exist or have the means to meet her claim once the transfer of the common areas is completed, she said. She also seeks that an indemnity be sought from the developer which she said the management company had said it will not seek.
News.com.au
20-05-2025
- Business
- News.com.au
The Skyhouse at Sydney's The Rocks for sale for $30m
Soaring 43 storeys above The Rocks, a palatial three-level penthouse with private elevator, wellness spa, super yacht-inspired rooftop and self-contained staff quarters has earned its moniker as The Skyhouse. Now it's primed to earn its $30m price guide. Towering over the harbour and crowning The Cove – designed by acclaimed Harry Seidler in the early 2000s – the apartment has been owned for approximately 15 years by Rod Salmon, CEO of COHO Property, former hotelier, race car driver and owner of super yacht Oneworld. The grand residence boasts a sweeping 270-degree harbour panorama capturing all of Sydney's icons and views out to the Blue Mountains. High profile house hunters were rumoured to have circled the penthouse when it was last listed – but never sold – in 2018, with Nicole Kidman and John 'Aussie' Symond among the interested parties. The Skyhouse has also spent time as a rental, reportedly leased to a Kuwaiti billionaire for $8000 a week. During its last appearance on the market, The Skyhouse was asking $21m, however the savvy entrepreneur has completely renovated the 687sq m apartment since. Leading architect Stefan Elliot was hired to blend mid-century design with gallery-like interiors finished in tactile stone, brass, and bespoke joinery. Chana Levy, director of Levy Property Group, is marketing the penthouse alongside co-agent Nathan Antunes, a former race car driver who was the first Australian selected for the Red Bull Junior Team and a GT3 driver with Audi and McLaren. 'This residence is more than a home – it's a landmark in Sydney's luxury landscape,' Ms Levy said. 'We're seeing growing demand from global buyers who want the scale of a private estate, but with the security, exclusivity, and harbour front access only a penthouse like this can provide.' Despite its $30m price guide, the home represents more bang for buck at approximately $43,000 a square metre, compared with current sales and listings in the area exceeding $100,000 a square metre. Mr Antunes agreed that the unparalleled apartment is a unique listing even for Sydney's prestige property market. 'The SkyHouse is a collector's piece,' he said. At entry level there are the majority of everyday living spaces including an expansive combined lounge and living area with a side balcony, as well as an elegant dining zone and cocktail bar framed by walls of glass to showcase the enviable harbour outlook. A gourmet kitchen includes a vast island bench, high end appliances, plus a full hidden chef's kitchen with a butler's entry. This same level also houses a guest suite, office or staff quarters with a private entry, bathroom and kitchenette. The accommodation floor features a five-star hotel style primary suite with a large ensuite, a dressing room, a harbour-facing personal balcony, plus a luxury day spa area with a jacuzzi, glam corner and space for a massage table. Each bedroom features deluxe ensuites and there is a gym and home office on the same level. The showstopping top floor has a unique terrace designed like a superyacht's deck complete with a bar, spa, sauna and uninterrupted views. Additional features of The Skyhouse include smart home automation, a three-car secure garage, a 24-hour concierge and resident amenities such as a pool and full-scale gym. Levy Property Group is holding an exclusive invitation-only event at The Skyhouse on Thursday, May 22 where potential purchasers and buyer's agents will get a first-hand look at the rare private home.
