Millennials design "Australia's most expensive house" on the $ 99.5 million Point Piper site

Millennials design “Australia’s most expensive house” on the $ 99.5 million Point Piper site

“Once completed, and based on a description of what is planned, this will be classified as one of the best houses in the world as no other country can boast its iconic views of the Opera House and Harbor Bridge,” he says. Bill Malouf of Highland Double Bay, who was involved in the sale of all three properties.

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Rivaling the top spot is the home of Aussie Home Loans founder John Symond just a few doors away for which an offer of around $ 110 million was rejected in 2017, and Fairwater Beachfront, for the which tech billionaire Mike Cannon-Brookes paid $ 100 million in 2018.

Even Melbourne hopes to join Sydney’s ridiculous displays of wealth after 27-year-old cryptocurrency king Ed Craven paid more than $ 80 million for a demolished rebuild in Toorak last month.

And as homeowners across the country calculate the burden of this week’s fifth interest rate hike in as many months, in the parallel universe known as Point Piper there are no such concerns as Jakobs bought all three. cash sites.

Senator Andrew Bragg has separated from his wife Melanie.

Senator Andrew Bragg has separated from his wife Melanie.Credit:Pietro Braig.

All that seems to stand in the way of Jakob’s grand plans for the nearly 2,500 square feet is the matter of an easement intersecting two of the properties offering waterfront access to Wolseley Road, home of Macquarie’s parent company Nick O’Kane. Given that O’Kane paid $ 40 million for his design digs just last year, that easement won’t come cheap.

The Senator’s Home Touch

Liberal Senator Andrew Bragg appears to be trading his life at one end of Paddington for another, purchasing a four-bedroom Victorian terrace for $ 3.15 million.

Bragg, who campaigned for marriage equality for the coalition government in 2017, was elected to the federal parliament in 2019, just two months after buying his largest five-bedroom terrace near Centennial Park for 4.675 million dollars.

Ex-wife Melanie appears to be keeping the family home, prompting Bragg to purchase his new digs near Five Ways via Ray White Woollahra’s Randall Kemp.

Packer’s consultant says “sell”

Hamish Douglass, founder and former star recruiter of fund manager Magellan, is continuing his sale of family properties, listing his weekend in Whale Beach with a $ 14 million guide.

The Alex Popov-designed residence known as The Hutt in Whale Beach is listed for $ 14 million.

The Alex Popov-designed residence known as The Hutt in Whale Beach is listed for $ 14 million.

This is the residence designed by architect Alex Popov known as The Hutt that was bought in the name of Douglass’s sister, jewelry designer Sybella Morris for $ 10.25 million in 2020.

Local values ​​were yet to skyrocket in the post-pandemic boom at the time, but at least the sale ended what had been a two-year sales campaign. LJ Hooker’s David Edwards and BJ Edwards are no doubt planning a shorter campaign this time around.

Douglass’s sales frenzy comes just months after he made headlines with his resignation from Magellan to begin advising James Packer on how to best invest his $ 3.3 billion from the sale of Crown Resorts.

Hamish Douglass sold the family's longtime home in Double Bay earlier this year.

Hamish Douglass sold the family’s longtime home in Double Bay earlier this year.Credit:

Earlier this year Douglass and Morris also sold their longtime family home in Double Bay for over $ 25 million to Real Housewives of Sydney reality TV star Krissy Marsh.

But it doesn’t look like Douglass will move from his Neutral Bay trophy home, St Ronans. Records show that the historic mansion – specifically designed by government architect Walter Liberty Vernon in the 1880s – that Douglass and ex-wife Alex bought in 2001 was moved to his only property under a $ 5 property deal. , 8 million.

Also for sale in the charming vacation spot is the famous Conley family’s Palm Beach vacation home for $ 10 million, also through LJ Hooker’s Edwards team.

The P&O-style home in Palm Beach was last traded in 2009 for $ 3.55 million.

The P&O-style home in Palm Beach was last traded in 2009 for $ 3.55 million.

Stephanie Conley-Buhre is the daughter of the late aviation pioneer John Conley.

Stephanie Conley-Buhre is the daughter of the late aviation pioneer John Conley.Credit:

The classic P&O-style residence is owned by the family firm Broken Hill Investments, founded by aviation pioneer and philanthropist John Conley and now controlled by his widow Judy and their daughters Annie Conley and Stephanie Conley-Buhre.

It was bought in 2009 for $ 3.55 million, but has clearly marked a refurb since then, no doubt with a hand from serial restorer and food blogger Conley-Buhre.

Conley-Buhre has developed a reputation for his high-end home masterpieces, the most recent being a Bellevue Hill mansion that he bought in 2018 for $ 17.1 million and sold a year ago for $ 30 million. to Annabelle Shamir, the thirty-year-old wife of trader Adam Blumenthal.

Jockey cashes in the Phar Lap complex

The three bedroom apartment overlooks the Randwick Racecourse.

The three bedroom apartment overlooks the Randwick Racecourse.

Jockey Hugh Bowman recently completed a major redesign of his South Coogee home, which is no doubt now a good time to pay back some by dumping his investment in Randwick.

Hugh Bowman is among the best jockeys in the world.

Hugh Bowman is among the best jockeys in the world.Credit:Jenny Evans

Julian Hasemer of 1st City Double Bay has a $ 1.4 million guide for the two bedroom apartment overlooking Randwick Racecourse and the track where he rode the legendary thoroughbred Winx to his last race win in 2019.

Bowman, ranked among the best jockeys in the world, has long had an attachment to the aptly named Phar Lap Gardens apartment complex, buying his first home in 2000 and selling it to upgrade to this three-bedroom apartment in 2005 for $ 575,000. .

Scaling to high-end standards

Veteran real estate developers Bob and Margaret Rose have put their longtime Darling Point apartment up for sale for $ 15 to $ 16 million after purchasing Kerry Packer’s former penthouse at Elizabeth Bay’s Toft Monks.

Bob and Margaret Rose's three-bedroom apartment ranges from $ 15 million to $ 16 million.

Bob and Margaret Rose’s three-bedroom apartment ranges from $ 15 million to $ 16 million.

The three bedroom apartment is one of three in the Darling Point triplex that was built by the Rose family and designed by architect Dennis Rabinowitz about a decade ago as a kind of family block.

He is listed with Christie’s Ken Jacobs and Pillinger’s Brad Pillinger, both of whom sold to the Roses Julie Trethowan’s $ 22.5 million penthouse Elizabeth Bay, who was Packer’s longtime confidant until his death in 2005.

Margaret Rose, AM, is swapping Darling Point for Packer's former retreat in Elizabeth Bay.

Margaret Rose, AM, is swapping Darling Point for Packer’s former retreat in Elizabeth Bay.Credit:

The Roses have already sold their other two apartments in the triplex. The first in 2014 for $ 9.98 million to advertising agency executive Robin Chen and businessman Ying Huang, and the garden apartment in January for $ 21.5 million to lawyer Sam Makhoul and his wife Katrina.

Makhoul, the author, motivational speaker, and head of the law firm MSA National, is also devising plans to downsize, at least in size, from his Terrey Hills equestrian estate bought nine years ago for $ 5.35 million.

Hopefully the Makhoul’s newly acquired harbor views will make up for what they are leaving behind: namely their farmhouse style residence with guest cottage, swimming pool, tennis court, meditation garden, sauna, gym, stables and arena.

Sam and Katrina Makhoul's Terrey Hills equestrian estate is on offer for over $ 19 million.

Sam and Katrina Makhoul’s Terrey Hills equestrian estate is on offer for over $ 19 million.

Christie’s Darren Curtis and Sydney Country Living’s Shayne Hutton are asking for more than $ 19 million, well above the local record of $ 12 million set earlier this year when rugby league legend Brad Fittler sold to the president of Telstra John Mullen.

DA adds an uber value

Construction boss Pierre Jacob and his wife Doreen appear to be trading from their Inner West home, after purchasing a home in Rose Bay for $ 11.5 million without the need for funding.

Jacob and his brother Joseph Jacob head Prolet Constructions, which was recently involved in an investigation by the Independent Bribery Commission into claims that Canada Bay Mayor Angelo Tsirekas had accepted developer benefits in exchange for favorable planning decisions. .

Jacob’s purchase of California’s 860-square-foot five-bedroom bungalow comes 15 months after the last $ 7.1 million exchange, with the only apparent improvement since he was a recently approved district attorney. for a new residence designed by MAP Architects on the block at a cost of $ 1.38 million.

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