Macquarie bankers play pass the prized Professor Leslie Wilkinson Bellevue Hill trophy home parcel
Alan James, the New York based, Macquarie investment banker has sold his the Springfield Avenue, Bellevue Hill home to another Macquarie banker Sebastian Barrack.
Listed through Alison Coopes, the marketing described the home as a thoroughbred.
The property, 1 Rose Bay Avenue was architect Professor Leslie Wilkinson's first residential commission in 1923.
The seven bedroom, five bathroom house comes with heated pool, pool house and floodlit lawn tennis court on 2,415 square metre.
There's been no official sale indication to the banker who owns on Gladswood Gardens, Double Bay, nor price indication though Title Tattle gathered expectations were close to $25 million on its initial 2014 offering.
Sebastian Barrack heads the agricultural commodities division at Macquarie Bank which he joined in 1999 via Macquarie's acquisition of his disvision at Bankers Trust Australia.
to be a Professor Leslie Wilkinson devotee.
It last sold in 2002 when the Dawson Damer family secured $9.03 million, swapping its for another Wilkinson-designed house, Greenway in Vaucluse.
Sydney University's founding dean of architecture, Professor Leslie Wilkinson, designed the grand heritage-listed Georgian-style home for the Laidley-Dowling family, in collaboration with architect, John D Moore.
The Dawson-Damers bought for $6.15 million in 1991 from the Perth-based John Bond who'd paid $675,000 in 1979. The then Perth-based, Bond Corporation executive had extensively upgraded the seven bedroom home through Andre Porebski, and also Garth Barnett during the Bond decade.
Wilkinson undertook just 40 house designs, finishing in 1968 with Anthony Coote's $80,000 Vaucluse waterfront, once briefly owned by Paul Hogan, who sold it for $11 million in 2004 to Precision Group's Shaun Bonett, the young property tycoon from Adelaide.
In 2013 Karl Lagerfeld sold his Gramercy Park, New York pied-à-terre to the Macquarie banker Sebastian Barrack for US$4.5 million.
Lagerfeld had purchased the stark white, three-bedroom apartment in 2006 for $6.575 million.
Rumour has it he never even actually moved in.