Sydney’s ‘Villa Florida’ Is On The Market
This historic waterfront pile could now be yours.
2 min
Offering true waterfront, 12 Tivoli Avenue, Rose Bay, Sydney – built-in 1928 – is set across 1290sqm and is ready for sale.
Enjoying an extensive refresh courtesy of acclaimed architect Michael Suttor, the three-storey, 7-bedroom, 9-bathroom, 4-car parking residence – affectionately named ‘Villa Florida’ – offers an elusive street-to-waterfront property with views of Sydney Harbour.
Suttor and his team restored the home beyond its former glory, making use of its architectural features – such as the arched windows, a pitched cathedral ceiling, wrought iron balcony details and a jaw-dropping spiral staircase – drawing a line heightened levels of ‘European’ luxury.
The home sees a manicured courtyard area usher you into the approx. 930sqm home. Inside, the residence is replete with a combination of parquetry flooring, travertine limestone tiling and sandstone finishes alongside Venetian plastering finished in beeswax.
On the lower ground floor sits the billiard room, family room and kitchen, fitted with European appliances, granite benchtops and custom cabinetry.
Also on the lower ground floor are two bedrooms, each complete with an ensuite, accompanied by a further bedroom and access to the terrace.
Up the aforementioned spiral staircase to the ground floor lands the master suite which features a walk-in-robe and ensuite with access to a private balcony and the sunroom providing further water views through the arched windows. A further two bedrooms are also found on this level.
Elsewhere, on the ground floor, arrives the formal dining and living, complete with a working stone fireplace and another kitchen – with finishes coordinating with the downstairs offering.
Throughout the expansive residence, the nine bathrooms feature mosaic tiling and travertine limestone flooring with granite details.
Upstairs further to the first floor sees a further two bedrooms and a library that is accompanied by a large sandstone terrace that has capacity for 200 people.
Outside, the sandstone adorned pool loggia arrives with a bathroom and chef’s kitchen. Here, the terraced gardens guide you down to the water’s edge allowing the owner to soak in the best of what Sydney has to offer.
The listing is with Black Diamondz Property Concierge’s Monika Tu (+61 409 898 888) and Jad Khatta (+61 432 669 287). Price guide $45 million.
This stylish family home combines a classic palette and finishes with a flexible floorplan
Just 55 minutes from Sydney, make this your creative getaway located in the majestic Hawkesbury region.
The insurance premium gap between flood affected and non-flood affected homes is significant
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Climate change is already affecting home values due to the impact of more severe weather events and rising home insurance premiums, and the cost of building is likely to rise as regulatory changes designed to enhance climate resilience alter building codes and zoning laws, according to a new report.
The National Housing Supply and Affordability Council describes climate change as an emerging trend that is raising the cost and complexity of supplying more housing. In its newly released State of the Housing System report, the council discusses how climate change is reducing the value of some homes when major weather events cause flooding or other natural disasters.
“The price differential between flood-affected and non-flood affected homes has been estimated to be up to 35 percent a year after a flooding event,” the report says. “Furthermore, the RBA estimates around 7.5 percent of properties are in areas that could experience price falls of at least 5 percent due to climate change by 2050.”
More than one million households are struggling to afford home insurance, and rates of non-insurance are increasing due to the cost. For example, the Australian Competition and Consumer Commission estimated that 40 percent of homes in Northern Western Australia were uninsured in 2020.
“Climate change is causing home insurance premiums to rise across Australia, adding to already elevated housing costs. Homeowners in areas considered at–risk of natural disasters are expected to see insurance premiums rise further or have difficulty obtaining insurance due to heightened risks.”
More frequent and severe weather events such as cyclones and bushfires, as well as coastal erosion and flooding from rising sea levels, present risks to housing safety. More than 3,000 homes were lost in the 2019-20 bushfire season, causing $2.3 billion in insurance losses. The report says the predicted direct cost of natural disasters to the economy and housing will be $35.2 billion per year by 2050.
Climate change and net-zero targets could raise the cost of building new homes, the report says. “Regulatory changes to enhance climate resilience will alter building codes and zoning regulations.
Developers facing higher compliance costs may have difficulties meeting updated standards, potentially delaying or reducing housing availability.”
However, the report says the increased cost of building a home with climate-resistant materials and eco-friendly features is more than offset by lower energy costs over a property’s lifetime. The current minimum energy efficiency requirements within the National Construction Code are estimated to deliver a household–level benefit-to-cost ratio of 1.37, according to the report.
This stylish family home combines a classic palette and finishes with a flexible floorplan
Just 55 minutes from Sydney, make this your creative getaway located in the majestic Hawkesbury region.
