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Citi Group managing director buys $6.4 million Woollahra home

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Citi Group's managing director Dragi Ristevski and his wife, Vicky Jardim, the Channel 9 news reporter, have spent $6.4 million in Woollahra on a modernised 1930s home.

It was snapped up just six days into its marketing.

Last trading for $2.35 million in 2002, the four-bedroom residence was architecturally redesigned in 2005 when it was the home of photographer Naomi Hamilton.

There’s no sign yet of their earlier Woollahra home coming up for sale. It cost $4.45 million in 2015.

Ristevski, who was at Macquarie Group before joining Citi in 2010, reportedly has got more deals on than just about anyone in the market.

Citi is advising on the sales of restaurant conglomerate Rockpool Group, the Boost Juice franchising giant and the Strike Bowling owner Funlab.

This article was first published in the Sunday Telegraph.


Brisbane Broncos skipper Darius Boyd relists Hendra home

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Having moved on to their next project at nearby Paddington, Brisbane Broncos captain Darius Boyd and his wife Kayla have relisted their near-new Hendra home.

They've called in Ray White New Farm's Matt Lancashire to sell the home that failed to sell when asking for offers in the early $2 millions, then $1.99 million, with McGrath.

Their French Bulldog Boss features in the marketing.

It was built two years ago after the Boyd's commissioned Base Architecture and builder Graya Constructions to create the four bedroom home with jet black exterior.

Boyd recently spent $1,205,000 on an original 1930s cottage, with plans revealed by local architect Joe Adsett for a bright two-level home dubbed the Hitup House. Graya will again build the home.

"This courtyard style home will be one of the first of its kind built in Paddington," Adsett architects advised.

The 32 year old captain also recently offloaded his Tungan, Gold Coast investment for $460,000.

This article was first published in the Weekend Australian. 

Anytime Fitness Australia co-founder finishes charity-giving Woollahra reno

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Jacinta McDonell, the entrepreneurial co-founder of Anytime Fitness Australia, and her partner, Matthew Connolly, founder of Concept Projects, are selling their recently refurbished Woollahra home.

Their renovation on View Street was a special one.

Every tradie they hired donated a percentage of their works contract to The Human Kind Project, a non-profit foundation that funds life-changing projects in Africa.

McDonnell set up the foundation in 2015 after visiting Malawi a year earlier.

The renovation raised more than $65,000 for the African community that the couple visited in 2017, shortly before they bought the home for $5.5 million.

The couple have named the renovated five-bedroom home Nchalo, after the community it supports in Malawi.

It goes to auction on August 31.

Designed to capture Cooper Park views, the property is being marketed as “a calm and serene home with the incredible luxury of the best location’’.

The couple installed a lift which Phillips Pantzer Donnelley agents David Tyrrell and Alexander Phillips suggest is was what you “would expect in a high end renovation’’.

Brother and sister Jacinta and Justin McDonell’s fitness company started in Gunnedah when they opened the first Anytime Fitness in 2008.

This article was first published in the Saturday Daily Telegraph.

 

Archibald Prize winner Cherry Hood fails to sell Goulburn home

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The Goulburn home of Archibald Prize winning artist Cherry Hood is now for sale for $1,725,000 after it failed to sell at recent auction.

Ray White agents Garry Hall and John Connell have the listing.

Hood and her late husband Crystal Hill paid $720,000 for the 1998 homestead set on 35 hectares in 2004.

Two years later she won the prestigious art award for her painting of Simon Tedeschi.

After moving in, Hood built a small studio with seven metre ceilings and underheated floors.

This article was first published in the Saturday Daily Telegraph. 

Olivia Newton-John still holds Byron hinterland presence after Dalwood sale

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Our first lady of song, Olivia Newton-John has secured the sale of her Dalwood estate, but she’s still got a sizeable stake in the expansionary NSW north coast estate, Gaia Retreat & Spa.

The Dalwood rural property, near the township of Alstonville, about 40 kilometres southwest of Byron Bay, was listed five months ago with $5 million-plus hopes.

It was her parents who fronted the initial purchase in 1981 for $622,000.

Newton-John, now based in Florida with her husband John Easterling, retains her stake in Gaia, which she co-founded in 2005.

The consortium spent $1.8 million recently on an adjoining two-hectare Brooklet holding.

This article was first published in the Sunday Telegraph. 

Greaton Group head Nicho Teng to list Adelaide home

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Nicho Teng, head of the property developer Greaton Group, is set to list his Adelaide home.

The resort-style residence sits on a 7,000 square metre estate at Mitcham, south of the Adelaide CBD.

Teng, who migrated to Australia in 2011, will instead reside in the West Franklin apartment complex, his 560 unit project.

Teng had plans to built a chateau style home on the grounds formerly owned by bankrupted winemaker Andrew Garrett.

The proposed demolition was front page news in Adelaide.

The 31-year-old, who is a sponsor of Port Adelaide Football Club, paid $3.2 million in 2018 after just 35 days on market. 

The entrepreneur, who was married last year, said Adelaide would remain his hometown, although his wife lives in Sydney.

Teng is the founder of Haneco Lighting, one of Australia’s largest manufacturers and suppliers of LED lighting.

This article was first published in The Weekend Australian. 

Eastern suburbs buy for new Google boss Melanie Silva

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The recently appointed boss of Google in Australia, Melanie Silva, and her husband Marcelo, have bought in Sydney’s east.

The couple have emerged as $5 million-plus buyers in Dover Heights.

The Blacktown-born Silva, who grew up in what she has described as “really humble beginnings” in Kings Langley, has secured a home that spans four levels with an internal lift.

There’s a double-sided fireplace that separates the living and family areas on the ground level.

The top level comprises the master suite, complete with a walk-in wardrobe and ensuite.

The home comes with views across Sydney Harbour.

It sold through Ray White’s top-selling agent Gavin Rubinstein.

The four-bedroom home had fetched $4.6 million three years ago.

Silva, who attended high school in Parramatta and then studied for an economics degree at Macquarie University, took the top job at Google last October.

She secured the up-market property on her return to Sydney from Singapore where she was posted in 2016 for two years.

This article was first published in the Saturday Daily Telegraph.

Financier Jim Byrnes' Bellevue Hill home sold

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The longtime Bellevue Hill abode of financier Jim Byrnes has been sold.

Buyers were initially advised of a $6.8 million price guide before a change in agents to Bill Malouf at LJ Hooker, who is understood to have secured $6.2 million.

It is the residence where bullets were fired into the five-bedroom family home in 2012 in a dramatic drive-by shooting.

The reports of the drive-by noted three bullets were fired into the home, with one lodging in a wardrobe.

The property was last sold in 2004 when $4.5 million was paid by Byrnes’ wife, Gina.

This article was first published in the Saturday Daily Telegraph.  


UK-bound George Burgess to decide on Randwick apartment

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South Sydney Rabbitohs star George Burgess will need to decide what to do with his almost completed Randwick apartment given his imminent move back to the UK.

In early 2016, Burgess spent just over $2 million on an off-the-plan purchase, with an intention to move into the boutique MHNDU-designed Epoque unit with his then girlfriend, interior designer, Joanna.

The now married couple had their third child only last month, with Blainey, Birdie and Boston all under three years of age.

Having recently inked a three-year deal to play for the Wigan Warriors in the ­English Super League, their three-bedroom garden apartment could instead ­become an investment or be listed for sale.

Local agents are, so far, unaware of any plans.

Burgess will no doubt be keeping an eye on his neighbour who is looking to flip another garden apartment at $2.45 million.

McGrath Coogee agents Nicholas Wise and Adrian Bo have been marketing the on-sale for six months without success.

The much-delayed project was a sellout through Laing & Simmons agent D’Leanne Lewis by late 2016.

She says settlements are now early October.

The development company, directed by prolific developer Ronnie Shulkin and Bernard Stang, bought the Higgs St site in 2014 for $3.66 million and secured ­approval in the Land and Environment Court in early 2016 for the four-storey block comprising eight apartments.

The Burgess family’s former Chifley home was sold late last year. It had been bought from his former teammate, builder Tim Grant.

Burgess’s former teammate turned estate agent, Beau Champion, sec­ured its sale at $1.6 million.

Stylist to the stars Anna Bingemann buys new Coogee apartment

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Stylist to the stars Anna Bingemann has bought a Coogee bolthole.

Bingemann, who is from the Boans department store family, left Perth in the 1980s when she was 19, and never moved back.

She lives in New York with her producer and director husband Griffin Dunne, the son of the late writer Dominick Dunne.

She’s settled on an apartment in the Pinnacle Complex, paying $1.71 million for a two-bedroom garden unit in the Arden Street block of 12.

She’s currently seeking $1250-a-week tenants, reflecting a 4% yield.

Bingemann bought the apartment from fellow expat, the LA-based film producer Bruna Papandrea, who bought two units off the plan in 2017.

She made a tiny loss on selling the apartment to Bingemann having paid $1,795,000. She’s retained the other apartment, which cost $2.1 million.

Bingemann married Dunne in 2009 at their 40 hectare property at Rhinebeck in upstate New York.

They first met at a birthday party for the Hollywood actor Uma Thurman.

She reportedly oversaw fittings for Nicole Kidman’s Balenciaga wedding gown for Kidman’s 2006 wedding to Keith Urban, and has worked with the likes of Sienna Miller, Naomi Watts and Rachel Weisz.

This article was first published in the Sunday Telegraph. 

 

 

Children's clothing doyenne Terry Berry lists Southern Highlands retreat

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The Double Bay children’s clothing doyenne Terry Berry has listed her Burradoo retreat, Ashdown.

There is a $3.25 million asking price through Di Jones on the renovated four-bedroom home on the 4000 square metre property.

The home comes with office too.

Berry intends to spend a little more time in France where she has a chateau, Les Minardieres, in the Loire Valley.

She bought the 250-year-old country home, 90 minutes from Paris, in 2013 after it had been left untouched for 50 years. It is now a holiday rental.

Berry and her sister Kayelene Hansen run Adrienne & The Misses Bonney.

This article was first published in the Saturday Daily Telegraph. 

Retired RBA governor Glenn Stevens lists in Sutherland Shire

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The former RBA governor Glenn Stevens and wife Susan have joined the early bird spring property auction listees.

The downsizers are selling their five bedroom, two storey Sylvania Waters home after 27 years ownership.

The Sutherland Shire has been among Sydney's recent top regions securing an 75 per cent success rate during August.

It was 56 percent last August.

Sydney saw an 81 percent preliminary clearance rate across its 444 weekend auctions, according to CoreLogic. Listing volume was down on one year ago, when 572 auctions returned a 52 percent final clearance.

The 61 year old Stevens, who was at the central bank between 1980 and 2016, and is now a Macquarie Group director, joins the sellers who have signed up for September auction hoping the price recovery is underway.

Last week the RBA deputy governor Guy Debelle indicated "there is evidence that the decline in housing prices has reached its end."

Marketed as an "immaculate family home," its McGrath agent David Greig has the Stevens' home for September 7 auction with a $1.7 million to $1.8 million price guide. The couple paid $312,500 on a non-waterfront holding in 1992 for their home with their two children.

Three years ago the four bedroom home next door sold for $1,625,000.

In 2007, he deprecatingly told a House of Representatives hearing, "My house is not a fibro house, but it is a piece of spec rubbish built in the 1970s, and in many respects it shows that”.

Stevens had the cash rate at 1.5 percent on his 2016 departure.

The current governor Dr Philip Lowe has taken it to a historic low one percent, and signalled it could go to zero.

This article was first published in the Saturday Daily Telegraph.

Former Marrickville home of boxing trainer Johnny Lewis passes in $300k less than guide price

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The former matrimonial home of legendary boxing trainer Johnny Lewis was passed inn at weekend auction after being listed by his ex-wife Ingreed Rojas.

It was passed in at $2.5 million, after having a $2.8 million price guide for the 1900 renovated house in Marrickville.

There were two bidders, with an opening bid of $2.2 million.

The four bedroom Federation home, which sits on a 441 sqm holding overlooking Enmore Park, is now for sale at $2.55 million.

The property became solely owned by Ms Rojas in early 2017 having been bought by the couple in 2007 for $955,000.

Lewis has worked with six world champions over his career, most notably Jeff Fenech and Kostya Tszyu.

 

 

Indian batsman Shikhar Dhawan sells Melbourne home

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Star Indian cricketer Shikhar Dhawan’s Clyde North family home was sold for $935,000 in post-auction negotiations after its Sunday auction. 

The opening batsman’s 2012-built house at 6 Forest Drive had been listed with an $850,000 to $935,000 price guide.

OBrien Keysborough agent Darren Hutchins said more than 200 groups had toured the ex-display home during its campaign.

The 446 sqm home had passed in at $911,000, the Herald Sun reported.

Its listing went viral on realestate.com.au, with more than 64,000 views, well above the suburb’s average of 83 visits per property.

The home had previously sold at $730,000 in 2015 and $789,000 in 2013.

Legendary horse trainer Lloyd Williams lists Port Douglas holiday home

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Melbourne businessman and legendary horse trainer Lloyd Williams and wife Suzanne are offloading a redundant Port Douglas investment.

It is a four bedroom villa within the Mirage complex.

It comes not long after the couple added a further two smaller villas in the compound, paying $1.7 million each for the two bedders.

The one they are offloading is the first one they bought back in 2000.

It's been used as a winter retreat for family members, and never publicly rented.

The Pink Agency's Callum Jones has the listing.

He says in the marketing it is owned by a "villa connoisseur".

Jones describes it as one of the best in the complex given it fronts the golf course and then it's just grass reserve to the beach.

This article first appeared in The Weekend Australian. 


Former Australian cricket captain Michael Clarke lists Bondi Beach investment

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The Bondi Beach investment apartment of former Australian cricket captain Michael Clarke ­has been listed for sale with $8 million hopes.

There were suggestions “Pup” Clarke was preparing to list the Cadigal apartment earlier this year, after he was seen welcoming LJ Hooker ­father-son agent duo Bill and David Malouf into the Campbell Parade complex.

Clarke, currently commentating on the Ashes in ­England, bought the 200 square metre, three-bedroom apartment for $6 million in 2009 from his mate and accountant Anthony Bell, which would mean an $8 million price would reflect a sub-3% annual price growth over the decade.

Bell had paid $3.2 million in 2005 on the building’s completion.

After briefly living there with then-fiancee Lara Bingle, the apartment became an investment in 2011. The couple had separated in early 2010.

Clarke, who now lives in an $8.5 million Vaucluse home with interior designer wife Kyly and their two children, saw his rental return deteriorate over the past eight years.

CoreLogic’s tracking of the asking rental price showed it had been offered at $3750 a week earlier this year.

It was at $5000 last year. Its initial asking rent was $2800 a week in 2011.

Given the influx of new prestige rental offerings, Bondi Beach rents are down by around 5% with Realestate.com.au executive manager of rent Kul Singh recently noting changes in rent reflected shifts in supply and ­demand.

In 2017 Clarke offloaded Roundhill, the family’s little used Southern Highlands retreat in Berrima for $4.75 million.

It came with its own cricket oval. He retains a townhouse at the Trinity Point project on Lake Macquarie.

This article was published in the Saturday Daily Telegraph. 

Jarryd Hayne cuts Darlinghurst terrace asking price

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The Darlinghurst investment property of former NRL star Jarryd Hayne has had its asking price trimmed a tad.

Initially offered with a $2.35 million asking price in July, the property is now listed with a reduced guidance, down $75,000 to $2.275 million.

There is still plenty of profit there for the two-time Dally M Medal winner who paid $1,585,000 for the three-bedroom, two-bathroom 1890s property six years ago when the median house price in Darlinghurst was $1.05 million.

The current median for three-bedroom Darlinghurst terraces sits at $2 million, according to realestate.com.au, which tallied 53 house sales last year at an overall $1.8 million median. It has always been a rental property.

Our Estates agents Adam Regan and Ellen Trojkovic are marketing the three-level terrace as “a chic inner-city haven”. The property has rear-lane access for a car.

The property is the priciest property in a once-imposing portfolio for Hayne that totalled around $5 million at its 2013 peak.

Hayne is currently in Perth, living and training with an evangelical Christian ministry organisation, Youth With A Mission, on a six-month course. 

This article first appeared in The Sunday Telegraph. 

Melbourne-based entrepreneur Nick Bell lists Sunshine Coast holiday home

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The young Melbourne-based entrepreneur Nick Bell is selling the Sunshine Coast holiday home he bought around two years ago.

Bell, who has a net worth of over $100 million having founded a number of start-ups, spent $7.6 million on the 2014-built home in the gated Beaches estate on Sunrise Beach.

He's only had the keys for 18 months but is now seeking $9.95 million after modernising the interiors.

The state of the art oceanfront terrace over two levels comes with a garden courtyard with resort-style pool with a 25 metre lap lane and a water slide.

It has four bedrooms, a home office, a Swedish sauna and a five car garage, which has been described as feeling more like a showroom.

Tom Offermann Real Estate selling agent Milan Markanovic, who sold Bell the home, is marketing it again.

Bell founded WME, his first digital agency, with $400 in 2008 from his bedroom.

He sold it for $39 million in 2017, billed as one of the largest digital marketing agencies in the country.

This article was first published in the Weekend Australian.  

Masterchef's Karlie Verkerk tries again to sell Paddo apartment

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Masterchef semi-finalist Karlie Verkerk and her partner Adam Frazer are again attempting to sell their Paddington apartment.

They listed the art deco unit last year with a guide of $775,000 before pulling it midway through its marketing campaign.

Now it’s relisted through Ray White Double Bay agents Nic Krasnostein and Talia Levy with a guide of $750,000 for September 7 auction. But there was a recent revision to $700,000.

The one-bedroom apartment on the third level of a 1950s-built Gosbell Street block has been modernised with white floorboards and a new kitchen.

Verkerk and Frazer paid $670,000 in 2015. Verkerk made it to the semi-finals on the ninth series of MasterChef in 2017, coming third behind Ben Ungermann and eventual winner Diana Chan, with whom Verkerk has filmed a secret, upcoming project.

Verkerk still cooks and recently worked on a campaign with ILVE.

This article was first published in the Sunday Telegraph.

Award winning Underbelly director Peter Andrikidis sells long-time Burwood home

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It has taken a year, but the award-winning television dir­ector Peter Andrikidis, who ­directed the first season of Channel 9 crime-drama hit Underbelly, has secured the sale of Wellpark, his long-time Burwood home.

Shared with his wife Sue, the couple have been based at the home since 1993 when they sold in Balmain.

They paid $470,000 for Wellpark, a solid full-brick ­Edwardian near Burwood Park.

The two-level home with front and rear verandas has six bedrooms, dining and sitting rooms and a swimming pool in the private rear courtyard.

LJ Hooker Burwood agent Joe Murania secured the $2.45 million sale.

It had marketed the home as “built to a standard of excellence rarely seen today’’.

The stately residence is on the high side of one of Burwood’s most sought after streets.

Andrikidis has nine AFI Awards including best ­direction for Underbelly season 1.

One of his first works was The Flying Doctors, before he moved on to the ABC’s medical drama series G.P., which earned his first AFI Award.

There was also the police drama series Wildside, and more recently the ABC legal drama Janet King and the medical drama Pulse.

This article was first published in the Sunday Telegraph.

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