Rugby league great Greg Mullane has sold his Milsons Point apartment for $7.8 million, having held the line on his bullish hopes since it first hit the market more than two years ago.
The former Cronulla Sharks and Canterbury Bulldogs player paid $3.8 million for the three-bedder a decade ago, and listed it in early 2015 with initial $10 million hopes after he and his interior designer wife Mandy bought a waterfront property in Caringbah South for $1.92 million.
There was a decent line-up of agents on the job to sell the apartment over the years, but it was left to David Malouf, of LJ Hooker Double Bay, to close the deal.
Gen Ys would know Mullane best as the dad of tattooed guitarist Josh Mullane, former boyfriend of Francesca Packer Barham.
Ikon-ic Potts Point penthouse listed
Leonard Harlan, the New York-based co-founder and chairman of private equity giant Castle Harlan, has listed his two-storey penthouse atop Potts Point’s Ikon building.
Expect to pay about $10 million for the two-bedder with Thomas Hamel interiors and 3.75 metre ceilings that was built atop the old Landmark Hotel more than a decade ago.
Harlan, whose wife Fleur is the former wife of Israeli Prime Minister Benjamin Netanyahu, paid $4,806,225 off the plan in 2003 for what was designed as a three-bedder as their Sydney base.
Ballard’s Clint Ballard has the listing.
Scupltors’ art of the deal
Artists Marc and Gillie Schattner have found a new home to replace the $5.75 million one they sold in Bellevue Hill late last year.
The sculptors are the $6.5 million buyers of the Centennial Park home of Chic Management co-founders Kathy Ward and Peter O’Connell, co-founder of telco Amaysim.
The sale, through Ben Collier, of The Agency, comes as records reveal O’Connell has paid $6.8 million for a five-bedroom house on Wentworth Road that he’s already gutted and renovated.
Troubled heir sells Woollahra home
As coal mining heir Quentin Flannery mulls his up-coming court appearance over a recent drug possession charge, he can at least congratulate himself on a good deal on the sale of his Woollahra home in recent weeks.
Having bought the Holdsworth Street property for $3.83 million three years ago from Louise Leibowitz, wife of corporate advisor and former Pilbara chairman Tony Leibowitz, he’s sold it for $5.5 million through Ben Collier, of The Agency. And with naught else but a bit of paint splashed around in the meantime.
The lucky buyers are political mover-and-shaker Michael Kauter (a former senior political advisor to the Abbott and Howard governments) and kidney transplant specialist David Gracey, who will be moving into the same street as their favourite charity queen Skye Leckie.
Given the lads’ upgrade, they have already listed their designer Victorian terrace on nearby Moncur Street with a $3.2 million asking price, again through Ben Collier.
Flannery and his new wife Kim, meanwhile, have taken to Bellevue Hill, where they paid some $7 million through Ray White’s Gavin Rubinstein for the Ginahgulla Road home of interior designer Juliet Black, wife of radiologist James Black.
Lauded couple to sell art deco apartment
The Point Piper apartment of author and founding editor of the Griffin Review, Professor Julianne Schultz and her husband, technology consultant Dr Ian Reinecke, has hit the market.
Set on the top floor of the Buckhurst art deco building, it was previously owned by property high-flyer and stockbroker John Leaver, whose beachfront home is around the corner.
Schultz and Reinecke, both Order of Australia recipients, paid $2.32 million in 2011, and have renovated since then.
In the absence of a price guide by Laing+Simmons Double Bay’s Sally Hampshire, check out the nearby sub-penthouse of hedge fund manager Stephen Fisher currently up for $4.9 million.