Sydney Swans chief Andrew Ireland and his wife Kelly are readying for his looming retirement later this year, listing their Centennial Park home, Hurlstone, for about $4 million.
The one-time Aussie rules footballer, who played for Collingwood in the 1970s, purchased the terrace with the ornate 1920s-era facade in 2007 for $1.745 million and it has undergone a major redesign since by architect Pierre Della Putta.
The listing comes amid talk the couple are moving closer to family in Brisbane, where Ireland was chief of the Brisbane Bears and Brisbane Lions in the 1990s.
It is listed with McGrath’s Claudia Portale.
The time has come for one of Mosman’s proudest locals, telco-boss-turned-fund manager James Spenceley and his wife Viktoria, to trade up to his recently purchased $12.5 million Cremorne home after his Mosman residence hit the market this week.
And if McGrath’s Michael Coombs gets more than $7.5 million for the designer digs he’s set to be gifted Spenceley’s 2088 Mosman-postcode number plates, recently spotted on the fund manager’s Ferrari.
Helping Coombs’ cause is not only the state of Mosman’s bullish prestige market but a makeover of the glamorous three-level house overlooking Quakers Hat Bay, which Spenceley purchased in 2013 for $4.3 million and added DA approval to extend the top floor and garage.
Given Spenceley’s recently purchased Cremorne property is only two doors outside the Mosman boundary on Shellbank Parade, you can understand why parting with those plates might be no easy matter.
Property investor Stephen Burcher has put some of his commercial property earnings into the Palm Beach market, paying $12 million for a beachfront house.
The Snapperman Beach house has been owned by Frank and Amber Elsworth, of the Muir Holden family, since 2014, when they bought it for $7.6 million.
Elsworth, chief of Muir Burnside Asset Management, has been quietly offering it to buyers for months, with rumours the family were hoping to trade up closer to the surf.
The sale leaves nothing currently on offer on Snapperman Beach.
The purchase – rumoured to have been negotiated by a tight-lipped David Edwards, of LJ Hooker Palm Beach – is expected to be a holiday home away from Rose Bay, where the Burcher Property Group CEO bought his waterfront home in 2010 for $12.5 million from developer Michael Issa and his wife Anastazija Balaz.
If there was ever a theme developing for Sydney’s prestige market this year, it is that neighbours make the best buyers.
Cue the recent $12.9 million sale of a Bondi house that records show was sold through Raine & Horne’s Ric Serrao to James Taylor, boss of online services marketing and venture capital outfit Internet Traffic Solutions Management.
Taylor already owns the oceanfront reserve house next door in Wilga Street, which he bought in 2013 for $15 million.
Don’t expect an amalgamation of the two properties, however. The house behind includes access to the oceanfront reserve between Taylor’s two properties. But Title Deeds knows just the buyer should neighbours Wolfram and Irmgard Decker ever decide to sell.
Taylor’s company Noceanview has also been shopping of late, paying $38 million for a boutique commercial building at Darlinghurst sold by another Bondi fan, former Glencore executive Vaughan Blank.
Louise Waterhouse, of the racing family, has had close ties to Kirribilli’s Victorian Italianate mansion Craiglea since the 1960s when it was sold to her father Bill Waterhouse, subsequently restored and 30 years later redeveloped into luxury apartments with developer Dr Stanley Quek.
But that is set to end on September 8, when her top-floor apartment goes to auction for $4.25 million.
The development of the mansion into two apartments, with a block of 17 apartments on the Kirribilli Avenue half of the site, was Dr Quek’s first development in Australia, and is regarded as his “good luck” charm to his down-under projects.
Louise Waterhouse has owned the three-bedder since it was completed in 1996. No longer required by the Mosman-based honorary consul to Tonga, it is listed with McGrath’s Nigel Mukhi.
Steve Duchen, of the rich-list pharmaceutical family, and his wife Polly, have listed their Darling Point home for $8 million ahead of a September 15 auction through The Agency’s Ben Collier.
The three-level home set privately above a double garage has been renovated since it last traded in 2013 for $4.55 million when sold by former Sydney Turf Club and Racing NSW chairman Alan Brown and his wife Belinda.
In 1996 Duchen purchased an 111-hectare property at Seven Mile Beach on the far north coast, and with architect Phil McMaster developed it into the sustainable Linnaeus Estate.