Karin Adcock, Pandora Australia founder sells $10 million Newport waterfront for $9 million

Karin Adcock, Pandora Australia founder sells $10 million Newport waterfront for $9 million
Karin Adcock, Pandora Australia founder sells $10 million Newport waterfront for $9 million

Former Pandora Australia jewellery boss Karin Adcock has sold her Newport waterfront abode, Melody Lane for around $9 million, which had been listed last October with $10 million expectations.

Adcock sold Pandora for about $100 million in 2012, with her latest pursuit in wines.

She bought the Beaconsfield Parade waterfront for $8.1 million in 2009 from the surfing entrepreneur Harry Hodge.

Domain reported "independent sources" say ithad have sold for close to the $9 million mark.

The suburb record has stood since 2008 when her then-husband Brook Adcock, who founded the private equity firm Adcock Private Equity, spent $14.6 million nearby on the dress circle on Pittwater.

Adcock's recently bought nearby non-waterfront house on Yachtsmans Paradise has also been listed for sale at $4 million.

 

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Newport Trophy Home

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