SEE MORE residential
April 2026: Central Element expands in Drummoyne with second harbour-view site
March 2026: Ballamac Coogee's latest sales feature in The Weekend Australian
March 2026: Cameron Porter, CE Head of Sales on Bianca Drummoyne's prime harbourside location
February 2026: With construction now complete, Ballamac House enters its next chapter on the Coogee headland.
February 2026: A closer look at two of the last remaining residences at Pienza Neutral Bay
At the heart of our mission is the pursuit of sites with unique stories, and this extraordinary location certainly fits the bill. We’ve secured a rare gem, with the site boasting breath-taking panoramic views stretching from Bondi Beach to the majestic Ben Buckler headland.
Our vision for this remarkable space is nothing short of transformative. We plan to develop a select number of ultra-premium apartments and houses, setting a new standard for luxury living in the Eastern Suburbs. The quality of each residence will be unparalleled, with prices starting at $20 million.
"The Bondi Beach market is one of the most exciting in Australia right now."
Ric Serrao
Principal, Raine & Horne Double Bay/Bondi Beach
The site was sold by Ric Serrao and Alex Lyons from Raine & Horne Double Bay/Bondi Beach for $51m. We’re seeing apartments commanding more than $100,000 per sqm, with the recent sale of Notts Avenue to Andrew Roberts, former Managing Director of Multiplex, achieving in excess of $125,000 per sqm. Demand for houses is equally buoyant, reflected in the recent sale of 31 Gaerloch Avenue, Tamarama which sold for circa $45,000,000 and 12 Bronte Marine Drive, Bronte for circa $22,500,000.
We’re anticipating the Development Application (DA) to be submitted by the end of 2023, with construction set to commence in 2025 or 2026. Stay tuned as we embark on this remarkable journey to redefine luxury living in Bondi Beach.