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Ritz Penthouse sold

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The penthouse on top of the Ritz at Cremorne Point has been sold for an undisclosed price, but a $7 million offer was recently rejected, with those buyers instead securing a $5.5 million house nearby. “The incoming purchasers saw the current world economic turmoil and the fact that the property was in the hands of Taylor Woodings as receivers and managers, as providing an extraordinary opportunity to secure a unique and dramatic penthouse of enormous proportions at a very attractive price,” says LJ Hooker Mosman agent Geoff Smith. The Milson Road penthouse has been two apartments joined together, while retaining two kitchens. Spread over 400 square metres, the penthouse has includes four bedrooms, six bathrooms, a rooftop terrace and garden with space to entertain 300 … Continue reading

Rose Bay penthouse icon sells

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An architecturally significant Rose Bay duplex apartment has been sold for about $5 million. It’s atop the landmark 1961 building at the corner of New South Head and Beresford roads the prestigious Sydney suburb. The-700-square-metre penthouse of Peter Kotzias and wife Kathryn has been sold through McGrath agents Paul Ephron and Steven Chen. The apartment occupies the two top floors of a building designed by Ken Willoughby for the Auswild car dealer family. Newly updated by Weir Phillips Architects with interiors by Pyke Designs, the four-bedroom, four bathroom-apartment has 370 square metres internal space plus a 328-square-metre terrace opposite the harbour. At street level it comes with a private lobby with a lift connected directly to both levels of the penthouse. It last sold at … Continue reading

MorningtonĀ’s Glory

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Michael Crowder, Director of the progressive commercial property agency Nichols Crowder Property Solutions, is selling his Victorian coastal home for above $2.5 million. The brand new property on Mount Eliza’s golden mile was built using renowned Richmond Architect Russell Barrett, and enlisted landscaping designer Michael Linton-LaFontaine to bring together a stunning result. Situated with beach at the end of the street and village cafes and boutique shops within walking distance the private home is a blend of classic and contemporary style. It includes an expansive living room with an open fireplace, formal dining area, a stunning kitchen with floor to ceiling windows, rumpus room, separate laundry, a Master retreat with a sizeable en suite and his and hers walk in wardrobes, three further bedrooms, and … Continue reading

Historic Hideaway

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Nedlands, a historic Mornington Peninsula property previously, a productive Lavender Farm which was the largest in Australasia, is for sale. The property, along with a large product range of creams, soaps and oils, encompassed tearooms and a Bed and Breakfast, which attracted large tourism numbers from Singapore and Taiwan in particular. Currently the vendors run Black Angus beef cattle. The 100-acre property dates back to the mid 1800’s and boasts exceptional beauty with bountiful manicured grounds, which contain a majestic English Oak of over 150 years of age that is listed on the National Trust register of significant trees. The vast double fronted main homestead includes four bedrooms, two bathrooms, and a wonderful fusion of contemporary comfort and Victorian grandeur. Numerous outbuildings include a two-bedroom … Continue reading

Billionaire snaps up Balmoral’s Kahala

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Ros Oatley-Lambert, the wife of the former Southcorp wine chief Keith Lambert, has snapped up their neighbouring Balmoral harbour front property, Kahala, to improve their boating facilities. The 1,485-square-metre Hopetoun Avenue acquisition was sold by Albert Bertini, the flamboyant property developer. The Lamberts own the adjoining Rivendell, which is set on a 2,000-square-metre double block. The sale price has not been revealed but it last traded for $22.5 million in pre-global financial crisis 2007 and was therefore expected to sell through Raine & Horne Mosman for less in the current subdued market. It’s speculated the price was above $18 million, perhaps just shy of $19 million. Bertini and his former wife, Heather, bought Kahala from the successful veteran property developer Phil Arnold, who’d owned it … Continue reading

A Jewel in the Peninsula’s Crown

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An iconic property situated on the exclusive Mornington Peninsula, the holiday playground of the super wealthy, is on the market in excess of $12 million. The sale of this unique architect designed property presents a rare opportunity to buy a significant estate in Merricks, where the last property to be sold on this exclusive enclave was over five years ago. “Properties on the Mornington Peninsula are the most sought after trophy homes in Australia, or even the Asia Pacific Region,” says Agent, Tom Ormerod. Completed in 2007, after four years of planning and construction, ‘Cunana’ was designed by award-winning architect Alfred de Bruyne of SJB Architects; with SJB Interiors completing the interior design. The home is composed of rammed earth bricks, which were made on … Continue reading

Julia Ross to sell for over $40 million

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Australia’s recruitment ruler, Julia Ross is selling her Sydney home for more than $40 million. One of Sydney’s most esteemed homes, Villa del Mare was built in 1999 by developer Nati Stoliar and designed by Chris Norris. Located in Wolseley Road, Point Piper, the Mediterranean-style residence is set amid impeccably landscaped gardens on more than 1500 square metres of land overlooking the harbour. Spanning three levels, the home includes six bedrooms, eight bathrooms, extensive formal and informal living and dining spaces, bar room, entertainer’s kitchen, stately office, gymnasium, and a dedicated wine cellar. The property also features dual access from Wolseley Road and Wentworth Street, with both entrances accommodating parking for three cars. Ross bought house in May 2005 for $21.5 million, which set a … Continue reading

Jennifer Hawkins to sell in Coogee

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Australian model and TV presenter, Jennifer Hawkins is selling her Coogee home for $2.5 million. The model bought the four-level property in 2008 for $2.27 million. It features three bedrooms and three bathrooms, cellar, pool, numerous alfresco living areas, and a private rooftop terrace with ocean views. Along with her builder fiancé, Jake Wall, the couple already have an impressive property portfolio including three houses in Newcastle, a unit in Kings Cross, as well as a property the couple are building on Sydney’s Northern beaches. Hawkins, who skyrocketed to fame when she won the title of Miss Universe 2004, has hosted the Seven Network coverage of The Melbourne Cup in 2004 and The Great Outdoors. She has also been a guest on the popular TV … Continue reading

Toni Collette to sell Bronte cottage

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Academy Award-nominated actor Toni Collette, the star of the TV series ‘United States of Tara’, and her musician husband, David Galafassi, are selling their hillside house at Bronte because the renovation rebuild costings defied property logic. Their 1885 weatherboard cottage on a 750-square-metre block in Bronte Road cost $4.4 million in mid-2009. They’ve since obtaining rebuilding approval, but have opted not to proceed given the rebuild construction tender quotes are understood to have tallied about $4 million.  The official application with Waverley Council suggested its minimal revamp cost would be $2.5 million. Set privately above the high side of the street, the four-bedroom house is one of the last remnants of the original Bronte Estate. Given the current top-end market conditions aren’t resplendent with sunshine, … Continue reading

Have your Hacienda Haven

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A unique country estate near the Northern NSW suburb of Tenterfield has come on the market for just under $3 million. Named Casa de Vogel, the owner of the retreat lovingly designed and built the property, along with Paul Hogans famous ‘Cedar Springs’ mansion in Possum Creek, and the Beach Hotel in Byron Bay, lending their unique relaxed style to yet another spectacular locale. "Casa de Vogel is a truly magical private retreat for an executive couple looking to escape the rat race for some well deserved rest and relaxation,” says Agent Nicolette van Wijngaarden. The residence pays homage to the owner’s love of the Hacienda style of architecture, and boasts authentic Spanish style finishes both inside and out. The three-winged building is based around … Continue reading