Unconfirmed record Cremorne harbourfront sale emerges

Unconfirmed record Cremorne harbourfront sale emerges
Title TattleDecember 7, 2020

Mosman agent Michael Coombs has been labelled the lower north shore luxury market's "most prolific agent" by The Australian Financial Review.

It revealed he has 57% of the market share.

"He continues to outsell his competitors Simeon Manners, Ray White, LJ Hooker, Belle Property and Raine & Horne," the article noted.

The paper made the claim in an exclusive report that landscaper builder Antony Tisch had sold his palatial waterfront Cremorne mansion for about $20 million, setting a new sale record for the suburb.

The eight-bedroom 1080 square metre home with five levels stacked like a layer cake overlooking Willoughby Bay still appeared as for sale on realestate.com.au and domain.com.au until late today.

But the AFR advised it had actually been sold to a Chinese buyer.

The property also comes complete with an all-important Sydney staple, a personal jetty, boatshed and pontoon.

Tisch acquired the home ten years ago for just over $7 million.

The record bettered the sale of nearby Glencoe at 26 Wonga Road which sold for $18 million earlier this year to Kennards Hire chief executive officer Angus Kennard who this week sold his North Manly home which had a price guide of $5 million through Jake Rowe, of Rowe Partners Real Estate.

Coombs reportedly declined to comment about the record sale, the paper noted.

A rival report on Domain said sources confirmed it sold for about $19 million, not $20 million.

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