Olympic swimmer Mark Kerry buys $12 million house across the road in Darling Point

June 5, 2020
The Darling Point house of Pamela Jack has sold for about $12 million. Photo: Matt King

Former Olympic swimmer and K2 Recruitment co-founder Mark Kerry and his interior designer wife Lynda have not strayed far for their new home following the sale of their Darling Point home last year for $18 million. The couple recently crossed the road to exchange more than $12 million for the home of lawyer Pamela Jack.

Jack, a partner at Australia’s largest law firm MinterEllison, has owned the three-level residence since 1999 when it was sold for $2.09 million by nightclub owner Barry Wain.

Its latest sale result was not disclosed by Richardson & Wrench Elizabeth Bay’s Jason Boon, but the original $14 million guide of 2018 had been discounted to $12 million shortly before it sold and sources say the Kerrys paid more than that.

Mark Kerry in 1984 on his return to Sydney with his wife Lynda. Photo: Antony Matheus Linsen

Kerry, who won gold in the 1980 Moscow Olympic Games, bought his former home on the high side of Eastbourne Road in 2015 for $8.5 million from Renee Pinshaw, wife of corporate heavyweight Jonathan Pinshaw. After a major redesign that featured in Belle magazine in 2018, it sold last October to property developer Andrew Wiesener, founder of Crownland Developments.

Wiesener’s purchase marks a return to the eastern suburbs. Formerly based on the waterfront at Watsons Bay, Wiesener has been a Palm Beach local in recent years since he bought Jill Wran’s weekender in 2017 for $6.9 million.

The Darling Point house sold by Mark and Lynda Kerry last year for $18 million.

Finger’s zippy buy in Bellevue Hill

As the value of buy-now, pay-later giant Zip Co soared this week on the back of a buyout of US payments company QuadPay, chief information officer Adam Finger had already traded up his Sydney real estate.

After a year of house hunting in the eastern suburbs, Finger has snapped up the Bellevue Hill home of orthopedic surgeon Mark Nabarro and his wife Gillian for less than the $8 million guide on the same day that it hit the market.

Finger, the 36-year-old son of Ray White Double Bay sales veteran Michael Finger, joined Zip Co in 2014, just a year after the credit card disrupter was founded by Larry Diamond and Peter Gray.

The Bellevue Hill house sold quickly, but didn't achieve the $8 million guide.

The Afterpay rival acquired 85 per cent of New York-based QuadPay earlier this week for $446 million worth of Zip shares, setting its own share price soaring from $3.75 last Friday to a high of $6.35 just under a week later.

Finger’s new home is not far from the contemporary Rose Bay residence bought by Zip Co’s chief Larry Diamond for $5.12 million in 2018.

Picking a winner in Lavender Bay

The Lavender Bay duplex bought by thoroughbred horse owner Fergus Doyle for about $11 million.

Irish-born thoroughbred horse owner Fergus Doyle has bought the Lavender Bay duplex of entrepreneur Joseph Chou and his wife Suzanne Ho for about $11 million.

Sources say the purchase by Doyle, a part-owner in the 2014 Melbourne Cup winner Protectionist, is set to be a downsize of sorts from his long-held Longueville home.

Ray White Lower North Shore’s David Gillan was gagged by confidentiality orders from confirming the widely tipped $11 million sale price. The off-market sale comes seven years after it last traded for $5.6 million when sold by former BT Australia executive and long-distance runner Bob Vagg.

Chou, chief of property investment firm Ironfish, upgraded to a $7.13 million sub-penthouse in the nearby Bridgehill Residences tower two years ago.

Greenwood cashes in on Northbridge home 

What recession? Ross Greenwood has sold his Northbridge home for $5 million.

Money man Ross Greenwood has shaken off the start of Australia’s first recession in almost 30 years with a bullish $5 million sale of his Northbridge home.

The broadcast veteran and Nine’s long-time finance editor quit Macquarie Media’s Money News program late last year after a decade at 2GB amid plans to take a year off and spend time travelling with his wife Tanya.

And while the COVID-19 pandemic has put an end to their travel plans, it didn’t dent their bid to cash in on the family home thanks to a buyer introduced by buyer’s agent Peter Kelaher, of PK Property. Records show the $5 million result more than doubles the $2.36 million Tanya paid for the six-bedroom home in 2003.

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