Babworth, Darling Point trophy apartment sale

Babworth, Darling Point trophy apartment sale
Babworth, Darling Point trophy apartment sale

Jane Clarke, the widow of the late Macquarie Bank co-founder David Clarke, is set to depart her apartment in the Arts and Crafts Darling Point mansion, Babworth House, almost two years after its listing. 

It came with overly ambitious $20 million expectations, finally selling to developer Denis Ellerker at around $11.5 million.

It had been relisted earlier this year with $12.5 million hopes.

After it was bought by the Clarke's in 2003 for $8 million, architect Michael Suttor and designer Michael Love collaborated. 

Seems thankfully there's no sales commission to be paid by the executors with the deal done direct.

Ofcourse the art collection that lined the walls of the former 1915 home for retailer Sir Samuel Hordern were sold recently at top prices.

This article was first published in The Saturday Daily Telegraph.

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.

Tags: 
Darling Point

Community Discussion

Be the first one to comment on this article
What would you like to say about this project?