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Stylist Sibella Court sells in Paddo

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Stylist Sibella Court has finally secured a buyer for her corner Paddington terrace.

It sold at $1.34 million having lowered the asking price by almost $300,000.

The Victorian-era shopfront home, which helped launch Court’s The Society Inc, was bought after she'd returned from a decade in New York as a homewares stylist.

The star of the ABC’s Restoration Australia listed it last September with initial hopes of $1.65 million following her decision to move to a warehouse in St Peters.

Court bought the corner shop in 2008 for $900,000 from publican Peter Wadsworth, making it her home for a few years before she and partner Ben Harper moved to Bondi with their daughter Silver.

It was sold to an architect.


Radio host Michael Wipfli to sell

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Radio host Michael Wipfli is calling time on his leafy east brick Victorian-era Melbourne home he shares with wife Lisa.

The Nova FM breakfast presenter bought the Armadale property for $1.48 million in 2010 but it seems the pair want more space after it was announced in December that they are expecting their second child.

The renovated property features three bedrooms, the master bedroom having an open fireplace, walk in wardrobes and an ensuite.

A tessellated tiled verandah and a traditional arched hall were the original features maintained during the modern renovation.

A new stainless steel and solid timber kitchen leads to a rear landscaped courtyard.

Listed through Jellis Craig's Simon Dale, 90 Sutherland Road is expected to bring in over $1.7 million at its February 20 auction.

According to CoreLogic RP Date, the median house price in Armadale is $1.83 million. 

Marlene Antico lists Princeton, Double Bay apartment

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Downsizing art dealer Marlene Antico has listed her fourth floor Double Bay apartment.

It is in the Princeton art deco block on New South Head Road.

Around $1.2 million is tipped for the three-bedroom apartment at its February 24 auction through James Dunn at Richardson & Wrench Double Bay.

Antico bought the apartment in 2012 for $840,000, having sold her Bellevue Hill apartment.

Real Housewives of Hawthorn East auction offering

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A glamorous Hawthorn East rental home that has featured in the Foxtel reality show, The Real Housewives of Melbourne is for sale.

Its the home that was tenanted to former Silverchair drummer Ben Gillies and his wife, Jackie for some $2500 a week.

The Harcourt Street 1888 Victorian era home – with a recent 2010 extension by architect Steve Domoney on its 490 sqm block – comes an internal area of more than 400 square metres.

There is four bedrooms, a study, cinema and gourmet kitchen at the renovated house with four courtyards.

Marshall White agent James Tostevin expects 2A Harcourt Street to sell for $3.5 million plus at its February 20 auction. 

Built's Marco Rossi buys Bellevue Hill Yoorami estate

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Builder Marco Rossi, founder of Built, and partner, Stephanie Stokes are set to emerge as the buyers of the 1920s Bellevue Hill estate, Yoorami.

The 2900 sqm property has been sold by the veteran yachtie Matt Allen for around $15.25 million having been on the market for two years before its recent Ray White sale.

Allen is now on the Darling Point waterfront after paying $32 million in 2013 for the home of the late industrialist Sir William Tyree. 

Yoorami was restored by architect Michael Suttor with interiors by Thomas Hamel, after it was purchased for $5.65 million in 1996 from barrister Geraldine Vandeleur, wife of silk Charles Sweeney. 

This article was first published in the Saturday Daily Telegraph.

Anthony Albanese buys another $1.1 million investment property

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The recontesting ALP politician Anthony Albanese has expanded his property portfolio after buying a $1.1 million investment in Dulwich Hill.

The three bedroom home has immediately been put up for rent at $880 a week through Mario Markisic of Raine & Horne, reflecting a 3.9 per cent yield

The newly built two storey terrace property had been on the market initially mid-last year with $1.3 million plus hopes.

The Marrickville-based Albanese and his wife, the retired state politician Carmel Tebbutt already had a decent portfolio, owning another $1.1 million investment property in Marrickville along with a Canberra apartment bolthole in Barton.

This article was first published in the Saturday Daily Telegraph.

Elaine, Double Bay gets formal $80 million asking price

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Historic Double Bay estate Elaine has become the most expensive property in Sydney after agents set an official price tag of $80 million.

The trophy home, which sits over 6900 sqm on the harbour, has been on the market for two years and would set a new Australian price record.

The current record stands at $70 million, set last August with the sale of the Vaucluse mansion of billionaire James Packer.

The estate fronting Seven Shillings Beach has been rebranded as Elaine Gardens, given it is now also an approved multi-home development site.

“It is eligible to be purchased by foreign non-residents,” Ken Jacob’s of Christie’s International Real Estate advised.

“It is one of the world’s most exciting development opportunities,” he said.

The estate was listed for sale in late 2013 with a Fairfax Media report of a $100 million price estimate that was an ill-informed estimate by another estate agent.

For more than 125 years it has been in the hands of the Fairfax family.

Its vendor, businessman John B. Fairfax says, while the property has had not been short of suitors, he deemed it necessary to get approval of development plans, “ensuring a respectful outcome for their treasured estate while delivering certainty for buyers.”

“We had hoped, and still do hope, the property would sell in a single line,” John Fairfax said.

“Over a number of months there has been limited appetite for this.

“Having grown up in the house it has always been my intention to manage the current process in a careful and responsible way.“

As a four lot subdivision, Ken Jacobs has also suggested an anticipated price range of $25 million to $27.5 million for each of the two new harbour front sites, $13 million to $14 million for the Elaine homestead block and $4 million to $4.4 million for the coach house.

The option of subdividing the 6,900 square metre estate has been on the books since a 1980s council approval for subdivision.

This article was first published in The Saturday Daily Telegraph. 

Tony de Leede upgrading on Bondi Beach

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Fitness First founder Tony de Leede was among the off the plan buyers in Bondi's latest residential complex, the Bondi Pacific.

He bought a fourth floor, 220 sqm apartment with curved balcony in 2012 for $3.85 million.

De Leede isn't having to move very far however, now that settlement has occurred.

But he his yet to sell his nearby redundant Campbell Parade beachfront in The Bondi complex which went to December auction.

The apartment bought for $2,725,000 in 2010 has a price guide of in the very high $3 millions through Nicholas Armstrong-Smith at Century 21 Armstrong-Smith.

The fitness industry veteran co-owns Gwinganna Lifestyle Retreat and the Fit N' Fast gyms.

This article was first published in the Saturday Daily Telegraph.


Fashion heir Tom Lane moves into Byron Bay

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Tom Lane, grandson of Oroton fashion empire founder, has moved into the Byron Bay township with wife, Emma. 

They've secured a $3.25 million, white-box style residence that draws contemporary architectural comparisons with their recently sold $3.5 million hinterland home, Amilika. 

The Manly-based Lane family originally went to Byron Bay in search of a big old Queenslander as their holiday home and are now partners in the organic farming and tourist venture known as The Farm. I spotted he has number plates with the FARM.

The home, architecturally inspired by Isay Weinfeld, sits on 1000 sqm in the old town precinct. It was marketed as having a climate controlled solar chimney. 

This article was first published in the Saturday Daily Telegraph.

 

Composer Guntis Sics looking to sell Coopers Shoot retreat

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Composer Guntis Sics and his journalist partner Lucy Clark are selling their hinterland Coopers Shoot retreat.

Guntis, who was nominated for an Academy Award for his sound engineering on Moulin Rouge!, has more recently worked on the upcoming Martin Scorsese directed, Silence.

Located between Byron Bay and Bangalow, the solid four bedroom home sits on a one hectare estate with entertaining decks looking over the rolling hills. There is also a self contained studio.

The pair bought the property in 2003 for $891,000. 

Michael Gudgeon of Ray White Byron Bay has the Great Granny Waterhouse Drive property with a $1.95 million price guide.

This article was first published in the Saturday Daily Telegraph.

Tennis champion Pat Rafter gets approval for Byron build

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The former tennis champion Pat Rafter has wasted no time securing approval for his new home on Byron's outskirts.

It got the council tick two days before Christmas for a single storey dwelling on the 28 hectare property that Rafter and his wife Lara bought mid-last year.

There's no home at the $1.35 million coastal property, just grazing cattle. 

Rafter, who reached world number one in 1999, had locals fleetingly wondering if there'd be a tennis academy - Florida style.

The home will sit among huge fig trees.

The sportsman's purchase marked a return to NSW property for the Noosa based family.

This article was first published in the Saturday Daily Telegraph.

Daniel Petre sells Lavender Bay's Alta Mura

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Around $7.4 million has been secured by the former Microsoft executive Daniel Petre for his Lavender Bay 1886 mansion, Alta Mura. 

Petre and wife, Carolyn bought the Lavender Bay property from Sydney barrister Clive Steirn for $6.4 million shortly after setting the Killara record for his $11.5 million sale in 2011.

They renovated the five bedroom Victorian home with swimming pool amid the landscaped gardens.

Alta Mura had an asking price of $7.7 million through Belle Property agent Tim Foote in conjunction with McGrath agents Nigel Mukhi and Piers van Hamburg.

Petre and his wife Carolyn have bought the nearby four bedroom Villa Medusa for $8 million after listing Alta Mura early last year.

REA Group chairman Hamish McLennan and his wife Lucinda are the reported buyers of Alta Mura.

Damian Keogh scores Tiana, Cronulla apartment

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The former Australian basketball star turned businessman Damian Keogh has bought an impressive Cronulla apartment.

Keogh has paid $2.85 million for the three bedroom, two bathroom beachfront apartment which sold through Highland Property agents David Highland and Mitchell Wynn.

The apartment is located in the award winning Tiana which was built by the highly regarded property developers Bezzina Group in 1995.

A wrap around balcony with dining and entertaining areas looks over the ocean.

The property last sold in 2013 for $1.925 million. 

Regarded as one of Australia's greatest ever basketballers, Keogh stayed in the sportsworld becoming involved in the Sydney Olympic Games bid team. 

He was then recruited by the Seven Network as the Head of Olympic Marketing, focusing on the promotion of the 2000 Sydney Olympic Games. 

After Keogh worked in the television sales and marketing, he was announced as the chief executive of cinema advertising company Val Morgan in 2013 before being made the CEO at the Hoyts Group.

Keogh is also the chairman of the Cronulla Sharks NRL team.

Keogh had long lived in the shire having bought a five bedroom Lilli Pilli house back in 1997 for $800,000.

The long time Sydney Kings captain represented Australia at three Olympic Games and played 207 times for the national team.

Keogh married fellow basketballer Maree White in 1986 and have four children.

Hampton home sells at $1.66 million

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Childcare entrepreneur Stephanie Wakefield's lavishly renovated Hampton property fetched $1.66 million at weekend auction.

The Banks Avenue home was listed with $1.5 million plus hopes, which were then revised up to $1.6 million plus by Wakefield who developed her business, My Super Nanny, five years ago while studying.

Her company, which connects nannys and babysitters with families, is soon set to launch in the US.

The two-storey, three bedroom home comes with a study. There's timber flooring, high ceilings, swish fixtures and a rear deck at the 2012 built house that traded at $1.385 million in early 2014.

Justin Follett, of Follett & Co, secured the weekend result.

Anthony Medich buys Djirang, the Vaucluse trophy home

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The property developer Lim Sen Yap and his wife Elizabeth Garbacz have sold Djirang, their restored 1940s Vaucluse trophy home to hotelier Anthony Medich for $12.8 million.

It was listed with $12 million plus expectations through Hamish Robertson at McGrath, who had the three storey Fisher Avenue home in conjunction with Christie's International agent Ken Jacobs.

The former chairman of retail property group Ipoh bought the historic F. Glynn Gilling-designed residence in 1996 for $3.4 million from restaurateur Harry Vardis. 

Ipoh Australia was the developer behind the QVB Building and Capitol Theatre restorations.

This article was first published in the Saturday Daily Telegraph. 


Manly Liberal powerbroker lists freestanding home

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Liberal party power broker Walter Villatora has listed his luxury Manly home, but only to upgrade on the peninsula.

Villatora bought the property for $1.85 million in 2011.

Fitted with fingerprint entry, the freestanding four bedroom new build comes with a new pool.

The white sleek family home has a private garden with an entertaining decking. 

The listing agent Tim Mumford of Stone Real Estate believes interest will come in at over $4.5 million.

Villatora, who is also the managing director for business advisory firm Outcome Group, has campaigned for his local politicians, former Prime Minister Tony Abbott and Premier Mike Baird.

This article was first published in the Saturday Daily Telegraph.

Gretel Packer gets Palm Beach in family negotiations

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Australia's newest billionaire Gretel Packer has seemingly secured the longtime Palm Beach retreat in the recent settlement that divvied up the assets from the family's vast fortune.

She is the sole director and secretary of the newly created company that now owns the prestige northern beaches estate.

The bungalow on its well-shaded 4000 sqm beachfront reserve holding was transferred recently with a notional $24 million value.

It was 1981 when her father, the late media tycoon Kerry Packer broke through the beachside suburb's million-dollar threshold with his $1 million purchase of the Ocean Road holding from the MacCormick family, who had paid 12,000 pounds in 1952.

The $24 million figure ranks as Palm Beach's priciest as the prior high was the $22 million paid nearby by car dealer Laurie Sutton in 2012 for the trophy home, Kalua.

Gretel and her brother, James reached a private settlement last September finalising the will of their father, Kerry who passed away of kidney failure in 2005, nine days after his 68th birthday. There has since been a further finalisation of the initial settlemement.

The paperwork on the property division only emerged last month at NSW Land Titles office.

The very private Gretel Packer, a 49-year-old mother, businesswoman, philanthropist and arts patron, has remained largely out of the headlines for most of her life.

But she will now be on the rich lists, as Australia’s newest billionaire after the deal with her younger brother. She was spotted having a coffee with valuer Paul Donovan from Pontons this week.

I recall reporting on the shyness of the young Gretel who got a $290,000 Cartier diamond choker and earings from her dad at her 21st birthday in 1987 when 350 guests partied at the Bellevue Hill.

Last year lunching a $200 million philanthropic fund for indigenous education and community welfare and the arts, the Packer Family Foundation’s chairwoman said philanthropy had always been a part of her life — "sometimes private, sometimes public, but always there."

She is a trustee of the Sydney Theatre Company Foundation, a patron of the Taronga Zoo Foundation and a board member of the Art Gallery of NSW.

Marrying twice, first to financier Nick Barham and then spiritualist, Shane Murray, she has been based at the 1919 Edwardian Bellevue Hill residence, Winston since paying for $11.25 million in 2000. 

The family matriarch, Ros, currently in India, was mostly in residence at the Palm Beach bungalow over summer and remains chatelaine of Cairnton, the longtime Packer family estate in Bellevue Hill.

“Gretel and James have always been very close and their love and respect after the settlement is as much if not more than before,” Rob Rankin, the chief executive of the Packers’ private company Consolidated Press Holdings told News Ltd last year. 

Rob ­Rankin said the settlement honoured their late father's wishes.

Gretel Packer had always known that, on her father's death, it would be her brother James Packer who would take the family business forward.

The LA-based casino tycoon has since dismantled most of the multibillion-dollar media empire built by his late father Kerry Packer and grandfather Frank Packer, which included the Nine television network and ACP Magazines.

James Packer's passionate project is the $2 billion luxury hotel-casino complex at Sydney’s Barangaroo, due to open in 2019, with plans to have wealthy gamblers visit his Ellerston golf course.

This article first appeared in the Saturday Daily Telegraph.

Virginia Kerridge sells in South Coogee

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Acclaimed architect Virginia Kerridge has sold her own South Coogee home having bought nearby for $2.2 million.

The house with apartment was completed in 2011 after a six year build. 

It was after paying $1.2 million in 2004, that she gradually transformed her 1930s duplex into a pair of contemporary dwellings.

Lots of blackbean timber and polished concrete overlooking gardens designed by landscape architect Jane Irwin.

The Rainbow Street Kerridge house sold through Marcus Lloyd-Jones, the selling agent from Modern House and was listed at $3 million plus.

Kerridge, who graduated from university in 1984, was described by the editor of Architecture Australia, Davina Jackson as "the leading woman private practitioner in Sydney."

This article was first published in the Saturday Daily Telegraph. 

Melissa 'Missy' Higgins has listed her warehouse conversion

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Singer songwriter Melissa Higgins has listed her warehouse conversion in Melbourne's Abbotsford.

The red-brick residence has three bedrooms, two bathrooms, a study and an outdoor entertaining terrace.

Architecturally designed, the converted warehouse has maintained original features such as high herringbone ceilings and exposed Oregon pillars.

Higgins bought the property for $1.825 million in 2012. 

Expressions of interest close through Kay & Burton listing agent Sarah Case on February 29.

Film producer Jane Campion lists in Tamarama

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The acclaimed New Zealand screenwriter, producer and director Dame Jane Campion is selling her Tamarama apartment.

She bought the 241 sqm investment property for $1.2 million in 2001.  

The listing comes after Campion confirmed she would be co-directing and co-writing a second season of drama series Top of the Lake with the action to be filmed in Sydney and Hong Kong.

Listed by Bethwyn Richards of McGrath for March 19 auction, the property has three bedrooms, two bathrooms and numerous outdoor terraces and deckings.

Jane rose to fame through a series of short films before her feature debut with Sweetie in 1989.

She became the first female to win the Cannes Film Festivals most prestigious prize the Palme d'Or in 1994 for her film 'The Piano' which also secured an Academy Award for best original screen play.

Campion's Castlecrag residence, designed by Alex Popov, was sold in 2008.

This article was first published in the Sunday Telegraph.

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