Malouf loves thy neighbour
Garbo-turned-yacht dealer Ian Malouf is aware of all about shopping for his neighbour’s home. When he went on a $140 million property shopping for spree final 12 months, included in his loot weren’t one, however two homes on the Double Bay beachfront for $35 million and $26 million apiece.
And he’s not carried out there. Data present he has coveted one other of his neighbour’s homes, this time subsequent door to his $20 million Palm Seaside weekender for which he has paid $18.6 million in money.
LJ Hooker’s father and son group David and BJ Edwards declined to touch upon the deal, however had offered the beachfront home on the quiet, ending nearly 80 years of possession by the Robertson household.
If the hearsay mill is correct, Malouf plans to consolidate the $38.6 million holding, making it one in every of 10 double blocks on Palm Seaside’s Snapperman Seaside.
These beachfront double blocks don’t come low-cost, because the O’Neil, Roche, Scali, Hassall, Shears and Blann households properly know. The final sale of its form was the $27 million parcel lengthy owned by the household of tobacco magnate Arthur Nelson that offered to restaurateur John Szangolies final 12 months.
PR supremo to the rescue
PR supremo Judi Hausmann has carried out properly by her historic Southern Highlands getaway “Robin Hill”, shopping for the adjoining vacant block for nearly $1.6 million and thereby reinstating the unique backyard to the 1939-built nation retreat.
Fortunate for Hausmann – and her Mt Gibraltar neighbours – that she purchased it, too. The vacant block of land was slated for redevelopment right into a six-bedroom, six-bathroom home with an inside carry when owned by an organization managed by Boris Staroselsky.
That DA was later withdrawn earlier than the block offered, and some weeks later possession was quietly slipped into Hausmann’s title, albeit with further stamp responsibility.
The Mittagong property is a house away from Hausmann’s Darling Level Residence, the historic Pitcalnie Home, that she purchased in 2013 for $6.25 million from Rabbitohs fan Peter Holmes a Courtroom and his former spouse Divonne.
Property obsession
Billionaire intercourse toy magnate Peter Tseng holds an eclectic mixture of pursuits. There’s his $60 million wine cellar, as featured within the 2013 documentary Pink Obsession, and his penchant for quantity plates, as evidenced by his report $2.45 million buy of the NSW licence plate “4”.
So, too his property portfolio, with a potpourri of economic, retail, industrial and residential property held by his Ok Solar funding car totalling greater than $42 million.
However of these 15 properties, one is up on the market: a three-bedroom condominium on the finish of The Pier at Walsh Bay with a information of $11 million by way of Knight Frank’s Adam Ross.
Nonetheless with prime harbour-front residences, the Pyrmont unfold on the northernmost tip of Darling Island additionally hit the market this week, this time with a $10 million information by way of Morton’s James Crow.
The entire-floor condominium was bought lower than a 12 months in the past for $12 million by Crown Cornerstone Investments, the company entity solely directed and owned by developer and pastor Iwan Sunito.