Macquarie's harbourfront-bound Nicholas Moore finally secures Federation Mosman sale
The Macquarie Bank boss Nicholas Moore and wife Helen, who are upgrading to a $13.15 million contemporary harbourfront home on Middle Harbour, have sold their Federation Mosman house.
Costing just over $1 million in 1991, the property was initially advertised last November and sold earlier this month at an undisclosed price through LJ Hooker agents Mary Jane Hamer and Geoff Smith.
The house (pictured above and below) was marketed as occupying a substantial sandstone footprint on its elevated 1,008-square-metre block.
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The house with 365 square metres of internal space shows original craftsmanship.
It's marketed as a home - suitable for contemporary family life - wrapped in traditional Federation balconies with gorgeous decorative tiling.
Its formal living rooms have views towards Sydney Harbour, the Opera House and Centerpoint Tower. It has an imposing banquet dining hall with ornate picture window centrepiece.
The kitchen was rustic style with marble benchtops, Miele dishwasher and dual oven. There was scope for a pool, the marketing suggested.
The LJ Hooker office also sold the neighbouring Federation house (pictured below) this month, also for an undisclosed price.
Despite the Chinese whispers, apparently not to the same buyer.
There was also the $4.9 million sale on the street last December which fell short of its $5.25 million sale in 2009. The house (pictured below) had sold in 2004 at $2.85 million and at $2 million in 1991.
The Moores' spent $13.5 million on their harbourfront acquistion through Richardson & Wrench Mosman.
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Meanwhile Mike Quigley, boss of the federal government's National Broadband Network, sold his Mosman mansion recently at a loss making $3,555,000.
Kallista, the Federation home, sold through Belle agent Sally Navra-Osborne, after being listed with $3.7 million plus hopes.
Not much of a return, as Quigley paid $3.6 million with his wife, Vicki, for the five-bedroom property in early 2007.
They then spent $300,000 plus in renovations.
Kallista comes with wide verandas and sandstone walls framed by picturesque gardens.
It has views across Sirius Cove towards the eastern suburbs from its 936-square-metre corner location.
The house comes with a custom-fitted study and cellar.
The Quigleys don't appear to have bought, but are said to be downsizing to a city apartment while keeping their south coast retreat, a 1.2-hectare Berry property that cost $2,095,000 in 2010.