UBS merchant banker Matthew Grounds on Mosman property merry-go-round
UBS Australia boss Matthew Grounds is on the move, but not going anywhere far. The Mosman trophy home - bought for $11 million in 2007 with wife, Kimberley - has be become redundant listed for sale.
Ofcourse being a Mosman merchant banker he's staying on the suburb's property merry-go-round upgrading to a nearby $14 million acquisition.
Their redundant five bedroom home looks over Grotto Point towards the Heads. It's an easy walk to Rosherville Reserve, Chinamans Beach, Balmoral Beach and The Esplanade café scene.
The Phillip Corben designed 2007-designed contemporary home was updated with interiors from Burley Katon Halliday around 2009. Not sure who signed off on the Entertaining terrace with uplifting views built-in Beefeater BBQ Entertaining terrace with uplifting views built-in Beefeater BBQ There are striking seagrass wall panels and limewash timber floors with lots of white timber door panelling.
The space is all linked by a four person internal lift. All bathrooms have underfloor heating.
Its 733sqm of landscaped gardens including a 12.5m heated swimming pool and hedge framed level lawn in its cul-de-sac setting.
The Grounds family demolished a large Federation house on a 1680-square-metre block after paying $14 million to Patrick Allaway, the chairman of Saltbush Capital Markets, and his wife, Libby.
The Grounds maintain a Palm Beach retreat with Lleyton Hewitt and Bec Cartright as their neighbours for a time.
He briefly made the 2009 BRW Rich List with an estimated $40 million.
This article was first published in the Saturday Daily Telgraph.
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