Cremorne record sale by investment banker atop week's most expensive sales

Cremorne record sale by investment banker atop week's most expensive sales
Cremorne record sale by investment banker atop week's most expensive sales

The biggest sale of the week was a massive seven bedroom, seven bathroom waterfront in Cremorne which fetched a suburb record $16.5 million.

Sold through Simeon Manners Property Mosman, the home belonged to investment banker Campbell Lobb and wife Susie.

The 1113 sqm property last traded for $5.85 million in 2001 when Lobb bought with Napier Property Group's Peter McCormack and Meridan International Capital's Carl Peterson.

He bought the pair out in 2007 to become the sole owner of the home.

Spread over three levels, the home features a gym, sauna, steam room, temperature controlled wine cellar and customer fitted Len Wallis home theatre.

Of course a $16 million waterfront property wouldn't be complete without a gas heated infinity pool with spa and level lawns with adjoining jetty and pontoon.

 

Top ten

1. 4 Shellbank Parade, Cremorne, NSW: Seven bed, seven bathroom, three bar house: Simeon Manners Property Mosman - $16.5 million

2. 68 Avoca Street, South Yarra, VIC: Four bed, three bath, two car house: HockingStuart South Yarra - $7.15 million

3. 32 Newtown Road, Strathfield, NSW: Five bed, four bathroom, eight car house: Devine Real Estate Strathfield - $5.02 million

4. 3 Kulgoa Road, Bellevue Hill, NSW: Five bed, three bathroom, two car house: Biller Property Double Bay - $4.75 million

5. 15 Waverton Avenue, Waverton, NSW: Four bed, three bathroom, two car house: BradfieldCleary Double Bay - $4.75 million 

6. 17 Gurney Crescent, Seaforth, NSW: Five bed, four bathroom, three car house: Clarke & Humel Property Manly - $4.6 million

7. 9 Olola Avenue, Vaucluse, NSW: Four bed, three bathroom, three car houseL: BradfieldCleary Double Bay - $4.53 million

8. 37 Roseville Avenue, Roseville, NSW: Five bed, three bathroom, three car house: McGrath - $4.12 million

9. 3/232 Campbell Parade, Bondi Beach, NSW: Three bed, two bathroom, two car unit: Laing + Simmons Double Bay - $4.1 million

10. 3 Scotney Place, Collaroy Plateau, NSW: Five bed, three bathroom, three car house: McGrath - $3.97 million

 

 

 

 

 

 

 

 

Joel Robinson

Joel Robinson

Joel Robinson is a property journalist based in Sydney. Joel has been writing about the residential real estate market for the last five years, specializing in market trends and the economics and finance behind buying and selling real estate.

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