Harness Racing boss secures Harold Park investment terrace

Harness Racing boss secures Harold Park investment terrace
Harness Racing boss secures Harold Park investment terrace

John Dumesny, who negotiated the $187 million sale of the former Harold Park raceway in 2010, has bought into the unfolding Mirvac development.

Dumesny, the chief executive of Harness Racing NSW, along with business partner, lawyer Eve McGregor, bought a three-bedroom investment terrace at the weekend launch of Chevalier, the fifth precinct in the Glebe development.

Dumesny worked onsite at the paceway from 1988 to 2010.

"It is like coming full circle," he told Fairfax Media.

The north-facing park-front terrace homes had prices ranging from $1.9 million to $2.15 million.

Of the 111 apartments and terraces offered, 92 had sold by late Saturday taking sales at Harold Park to more than 1000.

The Harold Park project is set on the former raceway site 2.5 kilometres from the CBD.

It will comprise 1,250 apartments and terraces on completion.

Harness Racing boss secures Harold Park investment terrace

Jonathan Chancellor

Jonathan Chancellor

Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.

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