Property of the Week: Waterfront luxury with $9m hopes in Tennyson Point
A five-bedroom absolute waterfront home on Morrisons Bay offers resort-style living, sweeping views and serious entertaining credentials ahead of its March auction.
2 min
Along Sydney’s Parramatta River, waterfront real estate offers significantly more bang for buck than the eye-watering Eastern Suburbs.
While a house on the harbour will easily set you back more than $25 million, a five-bedroom absolute waterfront trophy home in Tennyson Point has come to market with $9 million price hopes ahead of its March 28 auction.
Listed with Michael Gallina and Cameron Brown of Belle Property North Shore, the 1,100 sq m waterside parcel last traded for $4.6 million in 2021.
The contemporary home of car dealer Nathan Sawyers and food stylist Amber De Florio borders Morrisons Bay and the local reserve, with sweeping views across the water.
“We enjoy relaxing on the alfresco balcony, capturing spectacular 180-degree views of the water, bushland and park. We have a designer fire pit by the water’s edge, and we can take a stroll in the park just outside our back gate,” Amber said.
“Our home also has a full wellness centre, including a gym and sauna, leading out to the freshwater pool and entertaining area.”
Inside the three-level home, with its 564 sq m of living space, it is no surprise that Amber’s marble kitchen features all the professional foodie bells and whistles. These include a four-metre eat-at scalloped island bench and a large butler’s pantry.
There are V-ZUG appliances throughout, including an integrated microwave, two ovens, a steam oven, Pitt gas cooktop, two fridge-freezers and two dishwashers.
Beyond the inviting front porch, the primary living level houses a spacious living and dining zone designed for large-scale entertaining. The space flows onto a covered terrace, pool area and generous lawn with direct private access to the bay.
This entry-level also features a study, a powder room, a commercial-sized laundry with a chute from the upstairs bathroom, a separate cinema room, and a self-contained one-bedroom apartment.
On the second floor, there are four more bedrooms, including the palatial main suite with a wet bar and Zip HydroTap, full-width balcony, dressing room-style walk-in wardrobe and ensuite with twin vanities and a double rain shower.
This upper level also includes a second living space opening onto the balcony, along with a family bathroom and separate toilet.
Unsurprisingly, given Sawyer’s day job, the house comes equipped with a vast five-car garage, plus an adjoining home gym or lower-ground rumpus room with wet bar, bathroom and cedar sauna.
Extra features include a hydraulic lift to all three levels, Pixie Bluetooth smart-home system, outdoor gas kitchen, underfloor heating, and a heated mosaic-tiled pool and spa with a Naked Water pool system.
The Bayview Street residence is close to popular schools and offers easy access to buses, ferries and cafés.
BNW Developments has established a Sydney presence, joining Arada and Sobha Realty among the growing number of UAE developers pursuing Australian buyers and development opportunities.
Australian shares fell on Thursday as Wall Street weakness, rising oil and persistent rate concerns weighed on most of the market. The S&P/ASX 200 declined 0.72 per cent to 8,702. The All Ordinaries lost 0.66 per cent to finish at 8,897. Mining stocks were hit particularly hard, while real estate also dragged on the index. …
Continue reading “ASX falls 0.7 per cent as miners and property stocks retreat”
The Perpetual Padellone draws its name from the coveted reference 8171 while introducing an instantaneous complete annual calendar to Rolex’s modern Perpetual collection.
2 min
Rolex has reached into one of the most fascinating corners of its archive for a watch that expands the brand’s contemporary Perpetual collection.
The new Perpetual Padellone takes its name from reference 8171, the complete-calendar Rolex known to collectors by the Italian nickname “Padellone”. The historical model is celebrated for its unusual combination of calendar information, moonphase display and elegant proportions—qualities that distinguished it from the sports watches now most closely associated with the marque.
The modern interpretation displays the date, day, month and moonphase alongside the time. Rolex describes the mechanism as an instantaneous complete annual calendar, meaning its indications are designed to change in a coordinated fashion while requiring correction only for the calendar’s exception periods, subject to the operating instructions.
Its importance lies not simply in adding another complication. Rolex’s current identity is built on refinement through repetition: familiar cases, bracelets and functions improved across generations. A Padellone-inspired calendar broadens that vocabulary and gives collectors a dressier, more poetic counterpoint to the brand’s professional models.
The challenge will be expectation. Any watch invoking reference 8171 arrives under the weight of auction history and collector mythology. The strongest modern revivals acknowledge that past without reproducing it mechanically. Rolex’s official description points to that balance, positioning the watch as a continuation of the earlier model’s spirit rather than a replica.
Australian price, allocation and delivery will be crucial. Demand for significant new Rolex references typically exceeds immediate supply, and availability can vary between authorised dealers. Prospective buyers should treat overseas pricing or secondary-market premiums cautiously until local retail information is confirmed.
For now, the Perpetual Padellone stands as one of Rolex’s most intellectually interesting recent releases: a technically ambitious watch that reminds collectors the company’s history extends well beyond the dive watch and chronograph.
Fact box
Model: Rolex Perpetual Padellone
Functions: hours, minutes, seconds, date, day, month and moonphase
Complication: instantaneous complete annual calendar
Historical inspiration: Rolex reference 8171, nicknamed Padellone
Victorian auction buyers will soon receive a piece of information that has traditionally been withheld until bidding reaches it: the vendor’s reserve price. Under new property-sale and underquoting laws, agents must publish the agreed reserve at least seven days before an auction or fixed-date sale. Most changes begin on 1 October 2026 and apply to …
Continue reading “Victoria’s New Auction Rules Will Force Reserve Prices Into the Open”
Formula 1 may be the world’s most glamorous sport, but for Oscar Piastri, it’s also one of the most lucrative. At just 24, Australia’s highest-paid athlete is earning more than US$40 million a year.
