UNRIVALLED LUXURY IN THE HEART OF WAHROONGA
A reinvented estate five years in the making, delivering unrivalled luxury in Sydney’s Upper North Shore.
3 min
Sydney has its fair share of trophy homes, but when it comes to a mansion with every modern must-have, few could compete with this reinvented Wahroonga residence that’s been five years in the making.
Owned by actuary Julian Lipman and listed with David Walker of Ray White Upper North Shore, the extraordinary estate is expected to sell in the vicinity of its $18 million price point.
From the tennis court built to Australian Open standards to the award-winning swimming pool; the home dance studio to the imported greenhouse, this lavish property has plenty of wow factor at every turn.
Curated to be the ultimate entertainer’s retreat, the dream house doesn’t disappoint with an unparalleled home theatre by Signature Cinemas, built to standards rarely seen in a private home.
Alberto Vangi of Signature Cinemas said there is an extraordinary level of detail used to create the space.
“We created a room within a room to give it the ultimate acoustic treatment and to soundproof it with the least chance of any vibration. It has silk leather seating, and four-way masking so that no matter if you’re watching normal TV content, or a CinemaScope movie, the masking can move in four directions, giving you the ultimate size screen,” he explained, adding that the cinema also has a separate projection room.
“There are cinema-grade speakers specifically chosen to give you the most realistic sound possible. The time, detail and work that went into this project is next level.”
The fully appointed space has a commercial-grade projector, extensive acoustic treatments, ATMOS surround sound and a 4.9m screen.
On a vast 4047sq m parcel with a head-turning 1271sq m of internal living space, the grand homestead is a whole lot of house over three levels.
Beyond the stately double height entry foyer, the ground floor footprint alone is larger than the average Aussie house with a collection of elaborate entertaining areas for all occasions. The open plan lounge and dining zone is anchored by a statement Real Flame gas fireplace separating the formal and casual spaces and sliding doors spill out onto the expansive grounds.
A commercial-grade kitchen is home to Valcucine cabinetry, granite and timber surfaces, two fridges, an under counter freezer, Washtech dishwasher, osmosis water filter, Waldorf gas cook tops, a teppanyaki plate and Rational combi oven. There is also a huge butler’s pantry, island bench and a breakfast nook, as well as a full outdoor kitchen overlooking the pool.
That unique 25m heated infinity pool by Premier Pools earned a gong from the Master Builders Association back in 2023 and features in-floor cleaning, waterfalls, automated pool covers, sound speakers, a spa and lane markings.
Beside the pool, the neighbouring Plexicushion Prestige north/south-facing tennis court, which has an adjoining cabana with a wet bar, is suitable for professional play. Throughout the designer gardens there are established plants, a vegetable patch, a Hartley Botanic green house with heat lamps, lighting and SONOS sound, plus golf course-rated Sir Grange lawns.
There is an abundance of additional living space on the ground floor including a combined play room and study for the kids, a separate home office, a media room, a professional gym or dance studio complete with sprung floor, as well as TV systems, speakers and mirrored walls. A guest bedroom on the same level offers privacy with a walk-in wardrobe, a courtyard and shower ensuite.
Upstairs, a wide balcony overlooks the grounds and there are four more bedrooms with walk-in wardrobes and ensuites, however the primary suite is the real showstopper. It includes a dressing room with backlit display shelving, ensuite with a solid cast-iron bathtub, Onyx fireplace and a personal terrace.
The list goes on with a host of five-star inclusions such as a climate-controlled 2500-bottle wine cellar and tasting room, a 100sq m workshop beside the four-car garage featuring two EV chargers, a Crestron home automation system, a lift to all levels, zoned ducted air-conditioning and filtered air, hydronic under floor heating of all tiled areas, 21mm solid Tallowwood flooring, Louis Poulsen imported light features, Markilux electric awnings and electric blinds, Toto Neorest toilets, 60,000L buried rainwater tank.
The estate is close to Wahroonga Public School, the local train station, Knox Grammar, Barker and Abbotsleigh.
The Carrington Rd home is listed with David Walker on 0414 184 911 and Belinda Edwards on 0451 672 977.
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Built as a forever home, Corazón combines wellness, luxury and architectural flair in one of New Farm’s most ambitious residential projects.
4 min
Although Corazón was meticulously built to be the Smout family’s dream home, the glamorous Brisbane residence is now seeking its next custodian.
The luxury New Farm property named Corazón, the Spanish word for heart, was always meant to be the Smouts’ forever home.
Becky, a teacher-turned-design specialist, and her property developer husband Francisco bought a pre-war timber home on the 810sq m site back in 2022 for $2.625 million. They then painstakingly transformed it into a luxury 21st-century residence.
The laborious process included a full year of negotiations with Brisbane City Council to secure approval for the now six-bedroom, nine-bathroom architectural landmark at 563 Lower Bowen Tce.
Plans for the family of five are taking another direction, and on June 13, Corazón will go under the hammer, marketed by Matt Lancashire and his team from Ray White Collective Luxury.
“This is the most incredible house I have ever seen. The quality of the build, the finish, this family poured their heart into this home for three years, and it shows in every single detail. There is nothing else like it in Brisbane,” he said.
Since the house is headed to auction, Queensland regulations prevent agents from publicly advertising price guides.
However, according to Cotality records, the current price record for New Farm is $25 million, set by a renovated home at 17 Julius St that sold for $25 million in 2025.
The top figure paid on Lower Bowen Tce was set in 2023, when a contemporary 503 sq m property at number 603 sold for $6.2 million.
Lancashire added that demand for luxury Brisbane property had never been stronger, as more cashed-up buyers seek designer homes close to the CBD.
Just this month, Lancashire and his colleague Josh Brown set a new suburb price record when Governess, an 1860s-era home in Paddington reimagined by local builder-developer Graya, sold for an undisclosed sum reported to be “more than” $12 million.
Corazón is an example of how the Australian prestige market is currently reflecting the high-end tastes of high-net-worth buyers.
Vanessa Rader, Ray White head of research, said the nation’s wellness economy – now valued at $141 billion and representing 7.8 per cent of GDP – was actually reshaping buyer expectations.
“The most significant transformation in luxury real estate is happening behind the walls,” Rader explained.
“Intelligent wellness design is no longer coming; it has already arrived in Australia’s premium property market, redefining luxury for a generation that values optimisation.”
Today, the spacious three-storey New Farm home has 963sq m of internal and external living space, crafted for Queensland’s long summers and laidback lifestyle.
Standout design features include a dramatic double-helix spiral staircase, 3m ceilings, curved glass and steel, off-form concrete surfaces, Venetian plaster walls, and a show-stopping solid marble travertine bathtub carved from a single block of stone.
The ground floor is an entertainer’s playground with a vast open-plan living and dining zone anchored by a sleek kitchen complete with a long eat-at island bench, a hidden buyer’s pantry, plus Miele, Gaggenau and Pitt appliances.
Floor-to-ceiling glass walls peel back to reveal a paved terrace featuring a full outdoor kitchen and an integrated Beefeater barbecue.
A heated magnesium-filled pool sits next to a grassed courtyard and fire pit, with an added wellness retreat space housing a sauna, an ice bath, and a bathroom.
The entry level also houses a separate media room, a wine bar, a guest bedroom with an ensuite, a mudroom-style laundry and a home office with built-in desks.
A private lift serves all floors, including the accommodation level, which has five ensuite bedrooms, as well as a first-floor retreat and study area. In the primary suite, there is a huge dressing room, strategically placed skylights and a lavish bathroom with a double shower.
As an added bonus for the kids, one bedroom has its own rock-climbing wall and suspended net cubby.
One more level up, and the rooftop lounge with a kitchenette has sweeping city skyline views and a grand terrace.
Security features at the home include facial-recognition entry, perimeter cameras, and a comprehensive internal and external alarm system. There is also a Crestron smart home system with Dali lighting control for more than 400 fittings.
Corazón has a three-car garage with a gym and parking for up to three more cars behind the security gates. The Lower Bowen Tce home is approximately 200m from New Farm Park, 400m from Merthyr village and 2 km from the Brisbane CBD.
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