Music mogul Stephen Pavlovic secures $4.9 million single storey Bondi Beach sale
The music mogul who discovered some of Australia's biggest contemporary acts, Stephen Pavlovic has bullishly sold his Bondi Beach home.
The former Sydney PR queen Sophie Landa has emerged as the buyer of the single storey cottage on the 420 sqm Ramsgate Avenue block, just 20 metres to the sand and surf across Campbell Parade.
Legal paperwork solved the mystery after the reputed $4.9 million pre-auction sale.
It was marketed as the ultimate beachfront opportunity.
"Designer interiors capture the essence of barefoot glamour with an intimate connection with its seaside setting achieved through an organic palette, pared-back interiors and a sunny garden paradise devoted to entertaining and relaxation," was the successful marketing pitch by the Phillips Pantzer Donnelley agency.
Pavlovic's Modular Recordings music label promoted some of coolest bands to come out of Australasia, including Sneaky Sound System, the Avalanches, Wolfmother, the Presets and Tame Impala.
Pavlovic recently quit the company he founded 18 years ago having lost a four day NSW Supreme Court dispute with Universal Music.
Levitt Robinson, Pavlovic's lawyer in the recent royalties dispute, has also taken a caveat on the property title pursuant to legal fees.
Heiress Sophie Landa is the the daughter of the late NSW attorney-general Paul Landa and his arts patron wife Anne
The 34-year-old funds an arts prize in her mother's honour.
The freestanding classic double-brick home, one of the closest to Bondi's world-famous surf, last sold at $2.12 million in 2005.
It was marketed as in a tightly held setting at the fashionable north end of the beach, opposite the North Bondi Surf Life Saving Club.
This article was first published in the Sunday Daily Telegraph.