"The INXS house" Cottage Point trophy home listing

A Luigi Rosselli-designed waterfront home in Cottage Point - and former home of INXS band member Andrew Farriss – is on the market for.

Located on Cowan Drive on 1,486 square metres, the six-bedroom home was designed and built in 1991 for multi-instrumentalist Andrew Farriss and his then wife, Shelley.

The project drew inspiration from ship architecture and the home is designed around a central two-storey drum.

The property also includes a restored 1910 stone guest cottage on the waters edge with a private deck, slipway, boatshed and pontoon access.

Coined “the INXS house” by Luigi Rosselli, the Farriss’ sold the property in 1996 for $1,715,000.

The current vendors, the Ell family then purchased it in 1999 for $2.3 million.

It has been scheduled for auction in 2010 with a $6.45 million plus price guide in what was an unsuccessful attempt to set a new record for the exclusive Cottage Point area.

The most expensive sale in the area was recorded in 2008 at $6.45 million.

By coincidence, Shelley Farriss has put her Bayview home on the market for around $13 million.

Situated on 3,065 square metres, the five-bedroom home includes a wet bar, French doors, music room and a library.

The property also boasts a 24-metre frontage, an infinity pool and a rooftop entertaining area.

Shelley bought the property in 1999 for $4,375,000.

The Cottage Point property is listed through Lachlan Elder of LJ Hooker Mona Vale.