Retail billionaire Brett Blundy relists Rose Bay mansion with mid-$40 millions hopes

Retail billionaire Brett Blundy relists Rose Bay mansion with mid-$40 millions hopes
Staff reporterDecember 7, 2020

Retail billionaire Brett Blundy is relisting his Rose Bay mansion in Sydney with hopes of a sale in the mid-$40 millions.

The waterfront trophy home at 19 Bayview Hill Road is on the market through Knight Frank’s Deborah Cullen and Richard Sholl, and Brad Pillinger of Pillinger Real Estate.

The five-bedroom, four-bathroom home has views over Sydney Harbour and an infinity pool set on landscaped gardens.

It was architecturally designed by David Walker and Peter Janks, while Hare + Klein handled the interior architecture.  

It features a a sculptured zinc roof, dramatic glass walls and soaring ceilings, as well as an internal lift to the eight-car garaging level, with a car washing bay and full security system and plant rooms.

Deborah Cullen, Knight Frank’s Head of Prestige Residential Sales, Australia said the property is sought-after by high net worth individuals both within Australia and overseas.

“We are sending an information package to present to our super-prime group globally, including in New York, London and Asia in order to attract a strong international buyer interest," she said.

“Globally, Knight Frank has a huge client database of ultra-high net worth individuals and as our 2017 edition of The Wealth Reportfound, Australia is a key destination for this wealth.”

According to Lord Andrew Hay, Knight Frank’s Global Head of Residential, Australia is a key focus internationally for the super-rich.

"Sydney and Melbourne have made it into the top 10 list of most important cities globally for the wealthiest to invest, according to the Knight Frank City Wealth Index," he said.

"Sydney ranked 4th and Melbourne ranked 10th in the ‘investment’ category.

“Countries that offer a fiscal and political ‘safe haven’, as well as excellent quality of life, are expected to see strong growth over the next decade in UHNWI populations – and saw their numbers increase in 2016. Australasia, Canada, Malta, the UAE, Qatar, Monaco and Israel are examples of key ‘safe havens’ attracting migrating UHNWIs."

Richard Sholl, Knight Frank’s Prestige Residential Sales Executive, Australia said Rose Bay features a range of private and public schooling and a very strong sense of community within the area which makes it a perfect place for families of all ages to enjoy.

“Privately located at the end of Bayview Hill Road and featuring a 32-metre frontage to the Sydney foreshore gardens of Hermitage Reserve, this home offers a very special lifestyle. An entertainment area on the lower level includes a state-of-the-art home theatre room, study, sauna, and gymnasium, in addition to the beautifully-landscaped gardens and infinity swimming pool and spa," he said.

“With jaw-dropping panoramic views from the beautiful sands of Rose Bay through to the Sydney Opera House, Harbour Bridge and Sydney CBD skyline, the home epitomises a simple yet luxurious and elegant contemporary lifestyle."

The Rose Bay harbourfront was first listed February 2016 at $45 million.

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