Edward Jewell-Tait secures bullish snappy $9.25 million plus Bellevue Hill sale
The Credit Suisse head of private banking Edward Jewell-Tait and his wife, Jo, have snappily sold their Bellevue Hill trophy home.
No price has been revealed although Property Observer gleans $9.25 million plus, possibly $9.5 million, was secured through McGrath agent Ben Collier who had been proffering an initial price guide of more than $8.5 million.
The home comes with a rear north aspect on a level 980 square metre block set back from Ginahgulla Road.
Everyone thought they had paid handsomely when they bought the Michael Suttor-designed residence from the Point Piper-based Judy Joye in 2011 for $8.5 million.
Designer Sally Greenaway has since installed her Cote d'Azur-style interiors with Will Dangar busy in the garden that features a steel sculpture by Joanna Rhodes.
The couple have recently bought the Robertson, Southern Highlands retreat, Two Gates Farm from former Wallabies coach Bob Dwyer for more than $4.5 million, and will keep a smaller Sydney base.
Bellevue Hill's second highest sale this year was when Sydneysiders Paul and Elaine Longmuir spent $16 million on a seven bedroom Bellevue Hill property at nearby 8a Ginahgulla Road.
It had last sold at $14.5 million in 2009 to the Indonesian media mogul Eddy Sariaatmadja from the broadcaster Emtek.
The 1970s Bellevue Hill property was designed by Stephen Gergely, of Gergely Pinter Architects.
It stands on a large and private 1,620 square metre block of land accessed by a driveway adjacent to Rona. It was offered this time with approved plans by Geoform Design Architects.
Bellevue Hill's highest sale this year was when Matthew Koder, the expatriate Asia Pacific president at Bank of America Merrill Lynch, paid $19 million for the Bellevue Hill mansion, Donnington Grange, Angela Fleming's trophy mansion.
It was 2005 when the late grocery tycoon Jim Fleming and his wife, Angela paid $16.5 million for the Bellevue Hill residence, a pricey sale at a time when a pall was evident over most of the Sydney market.
The 1,842-square metre Drumalbyn Road estate (pictured below), with eight bedrooms, 10-bathroom house and 10-car underground garaging, was sold through LJ Hooker agent Bill Malouf and Sophie Beaumont, in conjunction with Sydney Sothebys International.
It was built for the Rubenstein family before its sale to the Flemings.
There have been just the two recorded sales above $10 million far this year, compared to the burst of activity last year when there were six sales.