Hugo Wran buys Avalon, Sydney beach house
Hugo Wran, the son of Jill Wran and the late former NSW Premier Neville Wran, has bought at Avalon.
He has paid $1.8 million for an Avalon beach home, with a mortgage back to his mum, Jill.
It is set just 100 metres to Avalon beach.
The rustic four bedroom house comes with a sandstone base, with the block having expansive lawn along with a separate garden studio.
There are sandstone stairs leading to a covered entertaining deck.
Jill has been identified as the mortgagee to her son Hugo's new purchase, a $1.8 million home at Avalon Beach.
The four bedroom home just 100 metres from the beach is framed by established manicured gardens with a separate garden studio.
Only recently did Jill Wran sell her retreat on the northern beaches, a 1930s Palm Beach retreat, Hibiscus Cottage.
It cost $6 million in 2009 and fetched $6.95 million in an off-market sale when sold to Watsons Bay property developer Andrew Wiesener.
The traditional three bedroom, two bathroom cottage overlooked Pittwater at the north end of Palm Beach on the 613 sqm parcel.
This article first appeared in the Sunday Telegraph.