'Adored' Seal Rocks pavilion style property seeks record price buyers

'Adored' Seal Rocks pavilion style property seeks record price buyers
'Adored' Seal Rocks pavilion style property seeks record price buyers

Builder Peter Adams has listed his Seal Rocks pavilion style property.

The 12 Kinka Road offering, aka Seal Rocks House, comes with $3 million plus hopes through Unique Estates. 

Seal Rocks, featured in the recently released movie, Adoration, starring Naomi Watts and Ben Mendelsohn, has fewer than 100 properties.

The Port Stephens retreat, at the end of an unpaved road, is a tightly held bushland enclave some two and half hours drive from the Sydney CBD.

The perfect place to watch the migrating whales and their calves frolic.

The light-filled open-plan kitchen, dining and living with double height soaring ceilings through to the outdoor entertaining decking. There's around 800 square metres of floor space.

Peter Adams, the Adams Timber heir, bought in 1999 with the $350,000 purchase falling $55,000 short of the retreat's prior highest residential sale price when the builder Stephen Grant had bought his second property in 1998.

Prices at Seal Rocks hit $580,000 in 2002 as the new money  moved in. Karen Lange-Blom, wife of former Cinema Plus chairman Gary Blom, had spent $472,000 in 2001. The then Sydney Aquarium managing director, John Burgess had paid $465,000 in 1999 with wife Pauline.

Prices hit $1.55 million in 2004, then $2.35 million in 2005. Nothing quite as high in more recent time though there was a $1.95 million sale in 2007 and a $2.075 million sale in 2010.

This year there have been two sales at $680,000 and $900,000.

The four bedroom, five bathroom oceanfront reserve house at 12 Kinka Road  was built on its 800 square metre block in 1999.

It generates about $70,000 a year in holiday rentals, the Unique Estates listing agent Sally Taylor says. 

Adoration is director Anne Fontaine's adaptation of British writer Doris Lessing's novella, The Grandmothers.

news@propertyobserver.com.au

Jonathan Chancellor

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.

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