Latest news with #harbourfront
Daily Telegraph
09-06-2025
- Business
- Daily Telegraph
Mystery buyer of Sydney's skinniest waterfront revealed
Olympic gold-medalist swimmer Mark Kerry and his wife, interior designer Lynda are whispered to be the mystery buyers of Sydney's skinniest harbourfront property in Darling Point. The property was listed with $20m hopes in January, which by its February exchange had been adjusted to $17.5m. The four-level, four-bedroom, three-bathroom Carthona Avenue home occupies 207 sqm with a 6 meter sandy beach. MORE: Sydney's skinniest waterfront has eyewatering price It was a right-of-way slipway for nearby flat owners when the house was built in the early 1980s by the developer Bill Shipton, who died last September, aged 85. Melbourne accessory designer Gregory Ladner and his partner, Mark Grenville were the vendors, having purchased it for $15.5m in 2022 from the Dicker Data co-founder Fiona Brown. The bijou sur mer that sits between historic Carthona and Neidpath has been popular with Melburnians, with past owners including the late socialite Lady Susan Renouf. It was Renouf's last Sydney house, which she sold when moving back to Melbourne to be with her daughters in the mid-1990s. Renouf sold to the Melbourne socialite Dianne Allen for $2.9m with its next owner, the acclaimed Melbourne-based landscaper Jack Merlo paying $6.15m in 2009. For many years it was dormant during absentee investor Carl Spies' ownership – other than its use by skylarking rich squatters for raves in the 1980s. The waterfront was then lavishly restored by interior stylist Barry Byrne under the generous patronage of landlady Dorothy Spry, who had paid $2.4m in 1989. MORE: Ugly showdown: Hugh, Deb split $36m asset MORE: 'Don't give f**': Billionaire MrBeast needs cash The Kerry's recently sold a four-bedroom penthouse in Double Bay to Goodman Group chief executive Greg Goodman for $20m. It had been a $15.25m off-the-plan purchase in the SJD development on Cross Street. The couple had previously owned in Darling Point which they sold for $29.25m in mid-2023.
South China Morning Post
08-06-2025
- Business
- South China Morning Post
Better harbourfront access among Hong Kong urban renewal body's plans for site
Hong Kong's Urban Renewal Authority (URA) plans to improve pedestrian connectivity and public access to the harbourfront at one of two sites the cash-strapped body has been granted by the government to boost its finances. Authority managing director Wai Chi-sing revealed more details about the plot in To Kwa Wan in his blog on Sunday, two days after the self-financing statutory body was granted the site and another in Tseung Kwan O at a nominal land premium of HK$1,000 (US$127) for 50 years. 'The land grant represents an opportunity to enhance the connectivity and accessibility between the inland areas of To Kwa Wan and its waterfront spaces through urban renewal, injecting more vibrancy into the harbourfront through diverse development,' he said. The land grant is expected to provide extra financial help for the URA, but the body has to review its operating and financing model so that it can undertake redevelopment projects in a financially sustainable manner. It earlier said it would rezone the site on Bailey Street in To Kwa Wan, which is currently a temporary outdoor car park, for residential use. The land parcel has a proposed total gross floor area (GFA) of 68,490 square metres (737,220 sq ft) with a plot ratio of nine, indicating a high development density. A higher ratio indicates increased density. Wai observed that some road sections connecting the inland areas to the harbourfront in the neighbourhood were blocked by schools and temporary car parks.
CTV News
22-05-2025
- Business
- CTV News
Victoria downtown proposal includes new home for art gallery
A years-long project to redevelop a swath of land on Victoria's downtown harbourfront is looking for a greenlight from city council.
South China Morning Post
07-05-2025
- Politics
- South China Morning Post
Nod for law changes allowing small-scale harbour reclamation in Hong Kong
Legal amendments allowing small-scale reclamation in Hong Kong's Victoria Harbour were passed on Wednesday with the support of most lawmakers, who called on the government to raise the public's awareness of the changes. Advertisement The second and third readings of the Protection of the Harbour (Amendment) Bill were held in the Legislative Council on Wednesday. Lawmaker Tik Chi-yuen, who abstained from voting, argued that the changes would allow the government to vet its own proposals for reclamation. Secretary for Development Bernadette Linn Hon-ho said the new legislation could provide flexibility for the authorities to connect the harbourfront. She said administrative guidelines were being prepared and were expected to be completed in the next few months. Under the current legal framework, reclamation in the harbour is forbidden unless it is proven to have an 'overriding public need' supported by 'cogent and convincing materials'. The government deemed this too stringent for minor works intended to enhance the waterfront. Advertisement The Development Bureau's proposed changes will allow small-scale reclamation of 0.8 hectares or less, including for erecting specified structures designed to enhance the harbour, such as piers, boardwalks and moorings.
