Monark Property Partners Powering Growth For East Coast Developers
Monark Property Partners has opened a Sydney office, signalling a strategic push to fund high-quality developments along the eastern seaboard.
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Monark Property Partners has strengthened its foothold in the east with the launch of a new Sydney office, reinforcing its commitment to supporting high-quality developments across Australia’s mid-market property sector.
Known for providing flexible debt and equity solutions, Monark says the move reflects rising demand for smart, partnership-driven capital in the region.
Tom Nadav, recently appointed Director of Investments, said the move was a “natural progression” for the firm.
“Sydney is a dynamic, resilient market, underpinned by strong fundamentals, consistent demand, and high calibre of developers. Establishing an on-ground presence here was a natural progression,” he said.
“Our decision was driven by the opportunity to bring Monark’s tailored capital solutions across the full capital stack to a new group of partners.”
Nadav said Monark is focused on structuring bespoke funding solutions rather than taking a formulaic approach.
“We see a significant opportunity to partner with developers who share our commitment to quality, execution, and long-term success,” he said.
The firm’s track record in Melbourne, spanning over a decade, includes backing both emerging and established developers. Nadav said Monark’s approach is “opportunity-led” with capital deployed selectively.
“While strong property fundamentals are always our starting point, our conviction to invest ultimately comes down to the people behind the projects – their vision, their ability to execute, and their alignment with our values,” he said.
“We aim to bring real value to every project we back.”
For Nadav, who is leading the establishment of Monark’s Sydney office, the role was compelling for its culture of collaboration and long-term thinking.
“It was the people – a team marked by cohesion, deep expertise and genuine commitment to excellence,” he said. “Our goal is to partner with our borrowers, support their growth ambitions, and be a strategic ally across their development journey.”
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This four bedroom coastal classic has been remade for modern living, delivering 270 degree ocean views and rare direct beach access.
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A beautifully renovated New South Wales home in a never-to-be-built-out location by the beach is on the market.
The property at 61 Hillcrest Avenue, Mona Vale, in New South Wales, has a price guide of $7.5+ million and is being marketed by Ray White Northern Beaches agents Emma Blake and Sasha de Bilde.
The property is set to go to auction on October 26.
Ms Blake said the “historic home” with direct beach access was set at the end of a cul-de-sac in one of Mona Vale’s most prestigious streets.
“The property is in a never-to-be-built-out position and there are large open plan living spaces looking out to Mona Vale Beach and beyond,” she said.
“The elevated position offers uninterrupted 270-degree views across Mona Vale Beach, the ocean horizon, and surrounding headlands – with expansive open-plan living spaces designed to embrace the coastal lifestyle.”
The home was once owned by local surf entrepreneur Shane Stedman, founder of Shane Surfboards and credited with popularising the Ugg boot in Australia.
Over the years, the property became something of a local icon – hosting several well-known guests, including Richard Branson.
In 2021, the home was purchased by Justin Riddett and his family, who were living in Singapore at the time.
Together with design firm Whitney & Co and Northern Beaches Constructions, the owners undertook a major renovation that transformed the home into a contemporary beachside haven while preserving its original character.
The four-bedroom, two-bathroom home features a high-quality build with thoughtful architectural enhancements, blending timeless coastal charm with modern functionality.
The renovation was led by Julie Fisk of Whitney & Co and Elliot Ryan of Northern Beaches Constructions, in close collaboration with the owners.
“From the outset, we wanted to honour the spirit of the home while elevating it to a new standard,” Mr Riddett said.
“The result is something truly special – a place where our family has thrived and connected deeply with the beach and community.”
While the family is ready to downsize, Mr Riddett said the lifestyle will be hard to leave behind.
“Most days the kids and I go to the beach after school – there’s no road to cross,” he said.
“For us, this house was about the kids, and I think it would best suit another family who can enjoy its location just like we have.”
The property’s location is unmatched – one of the few homes in the entire Northern Beaches with direct beach access and panoramic views, he said.
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