Peter Stutchbury designed Newport trophy home sold
Jonathan ChancellorDecember 7, 2020
The yoga devotee Eriko Kinoshita has sold her beachfront home in Newport for about $8 million.
The retreat had $11 million plus hopes on its initial listing last October, which were revised to $10.8 million expectations a year into its marketing.
The three bedroom Myola Road home - a fusion of timber, copper, bronze, steel and concrete surrounded by Japanese-style gardens - was designed by the local architect Peter Stutchbury about a decade ago.
The 1150 sq m block cost $750,000 in 1992. Kinoshita co-founded Yoga Aid International with husband Clive Mayhew.
It was marketed as a residence of zen-like simplicity and serenity.
This article was first published in the Saturday Daily Telegraph.
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.