Nicole Kidman's south coast NSW beachfront land fails to sell at auction

Nicole Kidman's south coast NSW beachfront land fails to sell at auction
Nicole Kidman's south coast NSW beachfront land fails to sell at auction

Actor Nicole Kidman has failed to sell the final piece of her beachfront holding on the NSW far south coast.

Kidman purchased the Rosedale holding as part of a $4 million outlay on the coastal strip in 2004. She has already recouped $3 million, selling two of the properties to Canberrans.

Before the auction buyers were being told to expect to pay around $800,000, but when the last portion went to auction last weekend it did not sell.

The vacant 1,009-square-metre block had been for sale since 2008 at $1.2 million plus through Michael Skuse of LJ Hooker Batemans Bay. It has 21 metres of beach frontage on Knowlman Road.

It was 2004 when Angus Hawley, Nicole's then brother-in-law, first swooped into town by helicopter to bid on the rare beachfront offering offered by the Knowlman farming family from Goulburn, who had paid £35 in 1929. Rosedale locals say Kidman has been there only a handful of times since 2004. 

 

 

Jonathan Chancellor

Jonathan Chancellor

Jonathan Chancellor is one of our authors. Jonathan has been writing about property since the early 1980s and is editor-at-large of Property Observer.

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