Luxury car importer Neville “Croaky” Crichton has offloaded his Point Piper trophy home just six months after he took the keys, scoring about $36 million from a local buyer.
Crichton bought the waterfront residence with its gun-barrel Harbour Bridge views this year for $33 million from Karyn Zamel, the wife of mining engineer Gary Zamel, and settled on the purchase in March.
It’s been a busy year for the keen yachtsman, who married his girlfriend Nadi Hasandedic in a lavish wedding at Sydney University’s Quadrangle in May. The couple are widely rumoured to be relocating to Monaco.
A handful of agents were taking buyers through the property last week before multiple sources said the deal was done late on Friday.
Bill Malouf, of LJ Hooker Double Bay, who sold it last time, was widely tipped to have sold it again, but he declined to comment.
Crichton has already hit the apartment market in the hope of buying a Sydney base with more ability to lock-up-and-leave than his Point Piper home.
Crichton’s $33 million purchase price would have incurred stamp duty of more than $2.25 million, and Woollahra Council records show he has recently renovated it with internal walls moved and new air-conditioning.
Crichton’s purchase was dubbed a “mini-me” downsize given it coincided with the sale of his former, larger waterfront on nearby Wingadal Place for $60.66 million last November to Chinese stocktrader Andy Wenlei Song.
It was previously owned by media scion Lachlan Murdoch and his wife Sarah, who bought it in 1999 for $12 million, and sold to the Zamels in 2005 for $20.6 million to move to beachside Bronte.
Records show the three-level landmark residence was designed by architect Richard Christian with interiors by the late Frank Grill as the matrimonial home of the late private equity boss Leonard Green and his former wife, LA-based expat producer Em Tardy-Green.
The buyer’s identity remains unknown.