Sydney's 'Villa Florida' Is On The Market | Kanebridge News
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Sydney’s ‘Villa Florida’ Is On The Market

This historic waterfront pile could now be yours.

By Terry Christodoulou
Thu, Dec 10, 2020Grey Clock 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.


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By Kanebridge News
Thu, Aug 11, 2022 < 1 min

New research from Knight Frank’s International Waterfront Index shows waterfront properties are costing more than double their inland counterparts in Sydney while in Melbourne waterside properties attract a 40% premium.

Australia’s coastline attracts some of the highest waterfront premiums in the world with Sydney topping the index — an average premium of 121% — compared to an equivalent home set away from the water.

Auckland ranked second on the list of 17 international locations — a premium of 76%. The list saw Gold Coast (71%), Perth (69%) and the Cap d’Antibes (59%) on the French Riviera round out the top 5.

Australia continued to feature prominently in the research with Brisbane’s waterfront premium coming in at 55%, with Melbourne also in the top 10 at 39%.

According to Knight Frank Australia’s head of residential research, Michelle Ciesielski, there has always been strong appetite for Sydney’s waterfront homes.

Australia’s luxury residential market has advanced, it lacks the depth of prestige markets in more established global cities said Cieselski.

“As a result, our Australian cities can achieve a significantly higher premium on the waterfront compared to a similar property inland without access to, or a view of, water,” she said.

“Also, Australia is known for its balmy outdoor lifestyle, so many buyers in this super-prime space are willing to pay a premium to secure the ideal position along the waterfront.”

The data also suggests that beachfront homes were most desirable, commanding a premium of 63% compared to harbour locations fetching 62% premium and coastal homes with a 40% premium.