A downsizers' paradise awaits without leaving the city

A unique downsizing opportunity combining the best Sydney has to offer is now available on the Northern Beaches, with zero deposit to approved buyers.

Bayside is an exclusive new boutique development on the Northern Beaches offering everything downsizers educated in the market are looking for, Domain Residential’s Nik Vuko said. The luxury apartments are well suited to anyone seeking a lifestyle upgrade in a sought-after parkside location and to ensure buyers don’t miss out, approved customers will be able to purchase with zero deposit, offering the flexibility to buy before they sell their existing home.

Bayside has been designed to deliver the best of both worlds, with the perfect balance between natural assets, such as bushland and waterways, while still staying connected to the best the city has to offer, with cafes, restaurants and amenities within easy reach. Offering views across Winnererremy Bay parklands at Mona Vale, each of the three-bedroom, two-bathroom apartments designed by award-winning architects PopovBass have been individually crafted with natural light, cross ventilation and liveability in mind.

Spacious alfresco areas double the amount of available living space at Bayside

“They’ve been designed to suit the changing needs of active downsizers looking for all the features offered in the finest of luxury residences,” Mr Vuko said.

Interiors have been artfully crafted by Baxter & Co using a neutral palette, with engineered timber flooring in American oak in the living spaces and wool carpet for the bedrooms. Recessed pelmets and sheer curtains create diffused light, while the transition between the interiors and the spacious outdoor spaces is almost seamless. Indeed, every part of this development has been considered, from the inclusion of Miele appliances in the kitchen and feature fireplace in the living area to the freestanding bath in the ensuite. Ideal for everyday living, the residences also allow for easy entertaining when the occasion calls for it.

Interiors have been designed with a neutral palette and high quality finishes, including wool carpet for the bedrooms

Sustainability has also been front of mind at Bayside. In addition to solar panels on the roof, there’s an EV charging station in the basement and garage. While air conditioning is available for those hot Sydney summers, ceiling fans allow residents to maintain thermal comfort all year round, while also leaving the large sliding doors open, effectively doubling the available living space.

Capped off by a convenient location with access to parks, schools, shopping and cafes, Mr Vuko says it’s a lifestyle offering that is hard to beat in Sydney.

“Bayside’s location delivers residents all the benefits of having the local parklands as an extension of their own backyard” he said. “They’re located across the road from Flying Fox park, which is the perfect place for connecting with kids and grandchildren or grabbing a coffee.

Bayside is now selling off-plan. Enquire through property@kanebridge.com.au for an exclusive developer’s offer where eligible purchaser’s can exchange at no cost via a developer funded deposit bond

In 2021, actress Emma Stone purchased a historic estate in Austin, Texas, with a plan to move her family there. Four years later, she has instead decided to put the property on the market.

The actress and her husband, comedy writer Dave McCary, are asking $26.5 million for the newly renovated estate, according to Eric Moreland of Moreland Properties/Forbes Global Properties, one of the listing agents. The 1.25-acre property, located in the upscale Tarrytown neighbourhood, will be among the most expensive on the market in Austin.

Stone and McCary have spent more than three years renovating and restoring the Texas property, Moreland said.

A spokesperson for Stone didn’t respond to requests for comment. Moreland said the couple’s New York business interests have expanded since they started the remodel, and while they hope to live in Austin eventually, it doesn’t make sense for now.

The couple, who are co-founders of the production company Fruit Tree, own a roughly $12 million apartment in lower Manhattan, according to property records. Stone is slated to star in the upcoming contemporary Western film “Eddington.”

It’s unclear what Stone and McCary paid for the Austin property, since Texas is a nondisclosure state . The Georgian-style brick house dates to around 1940, making it one of the oldest estates in the area.

The roughly 10,000-square-foot estate includes a main house with four bedrooms and a two-bedroom guesthouse. The property also has a pool, a hot tub, and a garage with a screening room and entertaining space above.

As part of the renovation, the couple removed, cleaned and reused all the exterior brick. They also reconfigured some of the living spaces, opening the kitchen to the living room for a more modern layout. It took more than a year just to install the millwork in the screening room, said Moreland.

The contractors are now putting the finishing touches on the property, he said.

The “La La Land” actress has a track record of buying and selling her homes for significantly more than she paid. In 2022, she sold her blufftop Malibu, Calif., home for $4.425 million after buying it for $3.25 million in 2018, according to property records.

Last year, she sold her home in L.A.’s Comstock Hills neighbourhood for $4.3 million, significantly more than the $2.3 million she paid in 2019.

Austin saw an influx of new residents during COVID, but many of those are now returning to the East and West coasts, particularly workers in the tech sector.

While the market “has come down to earth a little bit” since the pandemic-era boom, Moreland said, he has seen a number of $20 million-plus deals over the past few months.

Moreland has the listing with colleague Diane Humphreys.

A downsizers’ paradise awaits without leaving the city

There’s no need to choose between the convenience of the city and the appeal of the natural environment in this boutique Sydney development

The actress and her husband, comedy writer Dave McCary, spent more than three years restoring the house, which is one of the priciest properties for sale in the Texas city.