McGrath chief executive Geoff Lucas lists in Cremorne after buying half a Palladian villa in Bellevue Hill

McGrath chief executive Geoff Lucas lists in Cremorne after buying half a Palladian villa in Bellevue Hill
Title TattleDecember 7, 2020

McGrath chief executive Geoff Lucas has listed in Cremorne after he bought in Bellevue Hill where he secured half a Palladian villa.

It has been listed for August 17 auction through McGrath agent Claudia Portale.

Lucas had previously listed his Wonga Road property (above and below) in early 2018 when its failed to sell when listed by the now departed McGrath agents Adrian Bridges and Michael Coombs.

It was listed with $6 million to $6.6 million hopes in February 2018.

Lucas paid $3,425,000 for the home in 2005, snapping it up pre-auction after just 12 days.

McGrath chief executive Geoff Lucas lists in Cremorne after buying half a Palladian villa in Bellevue Hill

He owns 1/100th and wife, Nicola the 99/100ths.

The Victoria Road, Bellevue Hill duplex (below) was bought after being passed in at June auction at $5.825 million.

The four-bedroom, three-bathroom Mediterranean-style mansion (above and below) was built in 1992 on its 725 sqm block with views over Royal Sydney Golf Course to the harbour and the ocean. 

The Briggs family had bought it for $3.525 million in 2002.

The property comes with pool and tennis court, which is shared with the neighbour.

McGrath chief executive Geoff Lucas lists in Cremorne after buying half a Palladian villa in Bellevue Hill

It was listed for Sothebys auction in April last year with overly ambitious $7 million to $7.5 million price guidance.

McGrath chief executive Geoff Lucas lists in Cremorne after buying half a Palladian villa in Bellevue Hill

Lucas returned to McGrath, the ASX listed company in February last year as its chief executive.

Its lower north shore office has been ravaged by agent departures.

The office lists just three agents including William Manning who has been based in Sydney's east.

 

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