Bellevue Hill clocks up highest house sale of 2021 with $26m mansion

Bellevue Hill has clocked up its highest house sale of 2021 at close to $26 million for a mansion built by Spencer Simmons, the founder of real estate agency Laing + Simmons.

The sale price remains undisclosed by Christie’s Ken Jacobs, but Jacobs and his colleague Darren Curtis listed it in March with a guide of $24.5 million to $26 million and it is expected to have sold at the upper end of the range, given interest from multiple parties.

At that level, it is the highest house result outside of Point Piper, where there have been three sales in recent weeks for more than $37 million, including the non-waterfront home of Sydney Football Club chairman Scott Barlow for about $40 million.

The Bellevue Hill residence on Tarrant Avenue was built by Simmons and his wife Marlene after they purchased two properties in the mid-1980s for $765,000 and $750,000 each, and consolidated them into an 1800-square-metre holding in 1990.

The striking brick-and-concrete residence is set behind an electric-gated entry. Spread over three levels, it has six bedrooms and seven bathrooms, including a parents’ retreat with its own study area, separate living room, en suite, walk-in wardrobe and balcony.

There are four main living rooms, including a banquet-sized dining room, plus a separate music room, a games room with library and study nook, a gymnasium-yoga studio and a separate au pair suite.

The landscaped gardens have a full-sized tennis court with basement garaging below for 16 cars, a workshop, a cellar and a swimming pool with a waterfall feature and a spa.

The Simmons family sold it in 1992 for $3.85 million to Hong Kong-based Fanny Choi Fong, who onsold it in 1999 for $4.6 million to Singapore’s Ho family.

The nearest sale in Bellevue Hill this year was on Victoria Road when stockbroker Rob Fiani sold his six-bedroom mansion for $19.75 million to Jinying Yang.

Bellevue Hill’s median house price rose 4.3 per cent in the 12 months to March to a median of $5.865 million, according to Domain data.