Record $11 million plus Clontarf beachfront sale

Record $11 million plus Clontarf beachfront sale
Record $11 million plus Clontarf beachfront sale

Astra serviced apartment boss Peter Davis and his wife Rachel have secured a record Clontarf house sale.

Their beachfront home has sold for more than $11 million.

The Walter Barda-designed, Monash Crescent sold just a week after it was listed with a $10.5 million to $11.5 million guide through Cherie Humel and Michael Clarke, of Clarke & Humel.

The agents confirmed the price was at the top end of the guide. 

The Clontarf beachfront has had a run of top-end sales in recent months including Rock Lee for more than $10 million by Hedge fund manager Robert Benz, of Whitecove Capital, and Malin Larsson.

The Davis's Walter Barda-designed residence was built after the couple bought the 639 square metre property in 2010 for $4,225,000. 

The Davis family sale tops the prior high of $11 million set in 2016 when Madina Phara –  wife of Mongkol Phara, of one of Cambodia’s ruling families – bought the nearby modernist landmark Portovenere from the estate of the late arts patron and Transfield co-founder Franco Belgiorno-Nettis and his wife Amina.

The mortgage broker John Kolenda recently paid $8.5 million with his wife Milenka for a house they saw while sailing past on a yacht.

Tags: 
Trophy Sale Clontarf

Community Discussion

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