Jim Beam boss takes another shot at the luxury Narrabeen property market: Title Tattle
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Lomalagi (pictured above), the absolute Narrabeen beachfront residence of Philip Baldock, the president of the Asia Pacific/South America section of the Jim Beam group, and his wife, Tracy, remains listed for sale on the Max Walls International website. It’s a luxury five-bedroom, five-bathroom contemporary house that takes its Fijian name meaning Heaven. It’s been marketed as a four-year-old home with a six-star resort feel. It was built with feng shui principles in mind from the entrance with koi pond. It comes with an award-winning gas-heated pool. The 835-square-metre block cost $2.08 million in 2002. It was initially listed in mid-2010 with $6 million-plus hopes, then withdrawn from major websites, but remarketed last month after a $7.8 million Mona Vale sale. Baldock has responsibility for Beam's business in Australia, New Zealand and Asia, as well as two of the company's largest developing markets, India and Brazil.
Steve Buxton, the joint managing director of the Melbourne developer Hamton, has listed his resort-style Mt Eliza (pictured above) abode of five years. It’s been where since 2007 he and his wife Liz have raised their four young children. It’s been listed having recently purchased a new block overlooking Canadian Bay, where they plan to build a new house. The Orchard Lane house was originally designed by architects McGlashan Everist with extensive recent renovations and additions designed by Jackson Clements Burrows and Ten23. Set behind security gates, the house has five or six bedrooms, plus four bathrooms. Its mezzanine level has glimpses of the bay. The outdoor spaces come with a horizon-edge pool, stone-paved terracing, lawns, vegetable gardens and cubbyhouse. Even a netted mod-grass sports area for cricket and basketball. More than $2.5 million is sought through Stewart Lardner from Century 21 Elite RealEstate Mornington.
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Norma House (pictured above and below), one of the first sandstone homes on Sydney’s Palm Beach peninsula, has been listed for sale by the Goldsmith family. It’s been modernised but retains its classic Palm Beach style. It’s a popular holiday rental ensuring substantial rental returns all year round. It has a northerly aspect towards the Barrenjoey Headland and across the Pacific Ocean to the horizon. It’s for sale through Peter Robinson at LJ Hooker Palm Beach with $3 million-plus hopes. The Norma Road house last sold in 2006 to Hong Kong-based futures trader Rob Goldsmith and his diamond-dealer wife, Jane for $2,525,000.
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A Bauhaus-inspired Mosman residence (pictured above), built in the 1940s on a 1,600-square-metre Wyong Road double block, has been listed for sale. Reflecting the German modernist style, architect Peter Downes overhauled the property with interiors inspired by the Mediterranean about two decades ago. The property has views across Long Bay, Quakers Hat Bay and Middle Harbour. Around $8 million is being sought by Colin Craig of Belle Property Mosman for the Tanner family, who bought it from the original owners, the Korner family.
Hotelier Chris Crawley has listed his Killara residence (pictured above). Set on 2,367 square metres, the Federation-style residence comes with $4.5 million-plus hopes for its July 28 auction. Crawley has been responsible for the recently completed Macleay Street, Potts Point apartment complex, where he’s retained the penthouse in the Georgian. Interested parties in the Rosebery Road, Killara property are also being offered an adjoining 1,220-square-metre block.
The founder of Downstream Marketing, Steve Knowles, and his wife, Kaye, have spent $6.3 million on a Vaucluse abode. It was sold by the Awford family through Doreen Wilson at Di Jones Real Estate and Morgan Carr at Ray White Double Bay. It had previously traded at $4.4 million in 2002. Steve founded Downstream Marketing in 2005 after five years at eBay.
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Breakfast radio star Jackie O and her husband Lee Henderson have listed their cosy farmhouse (pictured above) with breathtaking views over Kangaroo Valley. With wide wrap-around verandas, Glen Athan is marketed as being one of the NSW South Coast's most stylish country properties. It's been their retreat since the land was bought in 2005 and its listing follows their recent Vaucluse purchase. It's been marketed through Shaine Hilaire at Ray White Berry, who has issued four contracts after 15 inspections over the past month. Blending Australian homestead heritage design and contemporary luxuries, the six-year-old house comes with wide-board flooring, timber-lined walls and ceilings, South Australian slate hearths and 150-year-old convict-hewn sandstone. There are four bedrooms and three bathrooms - all with underfloor heating. The master bedroom comes with open fire, ensuite bathroom and private wardrobe area. It has a bespoke kitchen featuring marble benchtops and walk-in pantry; a scullery; and a laundry and mud room.
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Kennebunkport (pictured above), the longtime Western Australian beachfront retreat of the property developer Warren Anderson and his former wife, Cheryl, has been sold after being listed with revised $5.2 million-plus hopes. The six-bedroom Eagle Bay home was put in the hands of receivers after the internecine collapse of the Anderson family trust, Owston Nominees No 2. The troubled mortgage lender Provident Capital – which went into receivership this week – had the first mortgage on the property dating back to 2004 refinancing. The finance was offered at a 17.5% interest rate. Angas Securities took a second mortgage in 2008 along with Balanced Securities taking the third mortgage and Mortgage Funds Management taking the fourth mortgage on the 2,261-square-metre holding. The house had $12 million initial hopes on its 2009 listing. The trust paid $420,000 in 1989 for the block. The Fern Road property with views of Eagle Bay had been listed by Peter De Chiera of Stocker Preston. No sale price has been revealed of the transaction, which preceded the recent court case, and orders, before Justices Peter Jacobson and Steven Rares. Anderson vacated Fernhill, his historic mansion at Mulgoa in Sydney's outer west, under court order after being declared bankrupt.