Clareville offering highlights continuing second home malaise
The Sydney retreat of Catherine and Paul Evans, the founding partner of Ironbridge Capital, has $5.5 million plus hopes for its November 11 auction.
The beachfront Pittwater retreat house last traded in the stronger market of pre-global financial crisis 2007 for $6.5 million when it was sold by former Austrade chief executive Peter Grey and his wife Margaret.
Framed by Norfolk Palms, it is set on a level 700 square metres with lawns to the sand surrounded by charming picket fences.
The five-bedroom Delecta Avenue property overlooking Pittwater has been listed by Glenn Lee of Raine & Horne Palm Beach.