Spread the word: Meadow Lea, Lindfield East home built for margarine industrialist listed

Spread the word: Meadow Lea, Lindfield East home built for margarine industrialist listed
Jonathan ChancellorDecember 7, 2020

Meadow Lea, the grand five-bedroom East Lindfield art deco estate, has been relisted for sale by Victoria's Basement co-founder Daniel Kalanderian. 

It comes with $10 million expectations.

The Sydney Road residence last traded in 1996 when bought by Daniel Kalanderian for $1.415 million.

It's a trophy residence on a 4,230 square metre holding, built in the early 1940s for the prominent margarine industrialist James Armstrong.

Its initial sale was in 1948 when bought for 17,000 pounds by Azzalin Romano, who for decades ran one of Sydney's most stylish nightclub restaurants, Romanos.

The Romanos purchase was aided by the winnings of his racehorse Bernborough, which he sold to Hollywood mogul Louis B. Mayer in 1946 for a record £93,000.

The property resold in 1955 for £25,000 to the Wainbergs who ordered customised furniture, which were sold off in 1996 by Dalia Stanley.

The home, with private central courtyard, now comes with lap pool, tennis court with lights and a pavilion.

Inside boasts a grand foyer, opulent formal dining room and a sprung-floor ballroom which is now the media room.

The modern kitchen and a thermostatically controlled two-zoned cellar that can hold 2,500 bottles.

Meadow Lea was listed with $7.5 million hopes in 2010.

The home has 1,200 square metre internal space.

With such expansive grounds on offer, the property also presents potential for further development of the site, with development approval for a separate house on a 1,162 square metre block.

It has been listed through Vanguarde agent Travis Reeve.

news@propertyobserver.com.au

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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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