Wellness-focused riverfront mansion lists in WA
Built for a fitness entrepreneur and designed for large-scale entertaining, this high-tech riverfront compound with resort amenities is seeking around $20 million.
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A racquetball court, a swimming pool with an outdoor cinema screen, an assembly of wellness amenities and a professional gym – it’s a home befitting a fitness heavyweight who loves to dabble in property.
Danny Pavlovich, CEO and founder of Nutrition Systems and former elite bodybuilder, alongside his wife Suzi, have just listed their contemporary Perth trophy home as they prepare to move into another bigwig’s mansion.
The Pavlovichs’ Nedlands compound is surplus to the supplement founder’s needs after the high-profile pair spent $27.5 million in 2020 on the Dalkeith mansion once owned by disgraced entrepreneur Alan Bond.
A one-time professional athlete, Pavlovich has grown Nutrition Systems – Australia and New Zealand’s largest importer and distributor of premium sports and nutritional supplements – into a global brand offering more than 1800 products across speciality stores, grocery, pharmacy, convenience, and online channels.
Pavlovich said that stepping away from the home he has shared with his wife and two children is “bittersweet”, but the couple were invested in redeveloping in Dalkeith.
“We built something truly special, but we love building at this level,” he said.
“My family and I love this house. We use every space; there is no wasted area. It was purpose-built for us. You can lock up and leave; it offers full remote smart control. The view from my office is a highlight, and the fully equipped gym and wellness facilities were essential from the outset.”
Although there is no public record of what the couple paid for 37 Esplanade, Vivienne Yap of Ray White Dalkeith/Claremont has listed the property via a private treaty campaign for $20 million.
“This property redefines luxury living in Perth,” Yap said.
“From its unprecedented scale to its seamless, fully integrated Savant and Lutron smart-home technology, it represents a truly rare offering in the blue-chip riverfront precinct.”
On a 1407sq m riverfront block along the tightly-held Esplanade in exclusive Nedlands, the five-bedroom, five-bathroom home spans three levels and is connected by a private elevator while being surveilled by 16 security cameras.
Built in 2018 to be the ultimate Perth entertainer, the prestige property has vast open-plan living and dining zones inside, with resort-style amenities outside.
There is a sunken alfresco lounge and outdoor kitchen with a nine-seater teppanyaki grill beside the heated white mosaic saltwater pool. More than just a backyard swimming hole, the pool features LED water features and fountains, plus a cinema wall and a spa.
Additional entertaining features include a cinema with a Steinway Lyngdorf 9.2 Aura surround sound system, a cocktail lounge with a video wall, a billiards room, a steam room, an infrared sauna, a full gymnasium, and a private racquetball court.
Upstairs, the whole-floor primary retreat is home to a sitting area, a kitchenette, a grand dressing room, and a lavish hotel-style ensuite.
All bathrooms have heated floors and towel rails, while the main living zones also have hydronic heated flooring.
Designed with a long list of high-tech features, the modern mansion has 16 security cameras with infrared and motion detection, a temperature-controlled server room, automated window furnishings, a smart home system controlled via a Savant and Lutron platform, and a whole-home water filtration system.
The property, which also has secure garaging for up to six cars, sits opposite Charles Court Reserve and Nedlands Jetty and is a short walk from Nedlands Tennis Club and Nedlands Golf Club.
The expansive property at 37 Esplanade, Nedlands, is listed with Vivien Yap at Ray White Dalkeith/Claremont, with a price expectation of $20 million.
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As interest rates, inflation and market sentiment fluctuate, investors are being urged to focus on data, not panic.
Australia’s housing affordability crisis is being fuelled by chronic undersupply, planning delays and rising development costs, as politicians continue to focus on the wrong solutions.
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Australia’s housing crisis will not be solved by first-home buyer incentives or tax changes alone, with leading property figures warning governments must tackle supply constraints if affordability is to improve.
Speaking at the Kanebridge Quarterly Property Leadership Summit in Sydney last week, expert project marketing specialist Sam Elbanna, property investor and fund manager Paul Miron and property consultant Karla McNeice said that a lack of housing supply remained the central issue facing the market.
Elbanna, Director of CPM Realty with more than 30 years’ experience in project sales, argued that successive governments had focused too heavily on stimulating demand rather than addressing the barriers preventing new housing from being delivered.
“The misconception is that politicians think the way to solve the housing crisis is to drive demand,” he said.
“The reality is that’s not the way. This is a supply-side problem, and it needs to be solved on the supply side.”
Drawing on his experience in project sales, Elbanna said policies designed to help first-home buyers often had unintended consequences, pointing to previous grants that ultimately flowed through to higher property prices.
Instead, he said developers were facing increasing red tape, approval delays and rising costs, which were discouraging new housing supply.
“In the absence of stock, demand exceeds supply,” he said.
Miron, a Co-Founder and Fund Manager of Msquared Capital, said the housing debate had become overly focused on tax policy while overlooking broader structural issues.
He argued that affordability challenges stemmed from a combination of factors, including planning constraints, supply shortages, migration levels and interest rates.
“No-one can be 100 per cent certain on the real reason for property prices is going up,” he said.
“The reason why property prices are higher is a combination of interest rates, lack of supply, migration, vacancy rates and maybe taxes play a role.”
Miron was critical of recent federal housing policy changes, warning they could reduce the number of new homes being built and further constrain supply that was even highlighted in the budget.
He also highlighted the importance of the property sector to the broader economy, noting that residential real estate and related industries employed more than one million Australians.
McNeice, who advises developers on sales strategy and market intelligence, said understanding buyers had become increasingly important as affordability pressures intensified.
While affordability remained a major consideration, she said today’s buyers were focused on value rather than simply price.
“People are looking for value for money,” she said.
She said buyers were increasingly evaluating factors such as transport connections, walkability, nearby amenities and flexible living spaces that could accommodate changing family needs.
“What infrastructure is going on? Can I walk to the shops? Can I meet people at the local cafe?” she said.
The panel also discussed the mounting pressures facing developers, with Elbanna arguing that many projects become financially unviable from the moment a site is purchased.
“The viability of a development happens at the moment the site is bought,” he said.
He said rising construction costs, higher interest rates and overly optimistic feasibility assumptions had left some developers exposed as market conditions changed.
While acknowledging the growing number of smaller and first-time developers entering the market, Elbanna said property development required expertise across finance, construction, marketing and legal disciplines.
“It is actually a business that requires a level of expertise,” he said.
Looking ahead, the panel agreed opportunities remained in the market despite current challenges.
Miron said property should continue to be viewed as a long-term investment and cautioned against trying to time short-term market movements.
McNeice said success would increasingly depend on identifying projects that genuinely met changing buyer expectations.
Elbanna said affordable housing remained achievable, but developers needed to deliver more than just homes.
“We can provide affordable housing in this country,” he said.
“But we’ve got to wrap that affordable housing with the things that people want.”
As Australia’s housing affordability debate intensifies, the panellists agreed on one point: without a meaningful increase in housing supply, demand-side measures alone are unlikely to solve the nation’s property challenges.
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