Designer couple sell Portsea property

Designer couple sell Portsea property
Designer couple sell Portsea property

Nicholas Condon, former managing director of advertising agency DDB, and his interior designer wife Kate Beadle have snappily sold their Portsea property.

They had initial $3.65 million expectations for the Duffy Street beach home built in 2016, after the couple paid $1,105,000 two years earlier.

Blending classic beach house with 21st century refinement, the quintessential Morninington Peninsula holiday home has four bedrooms, three bathrooms and a swimming pool.

Kay & Burton agent Liz Jensen handled the marketing. The three interested buyers, with two on speaker phones in the late post-auction afternoon negotiations, saw it sell at $3.5 million plus.

Condon stepped downs ad DDB's managing director in 2013 to partner with Kate to develop property.

Last year they transformed an Armadale home which sold for $900,000 over reserve.

The five bedroom house sold for $5,925,000, three years after the couple paid $2,022,000 for what was then a Federation-era period home.

 This article was first published in the Weekend Australian.

Portsea Beach House


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