Clemenger Communications boss Robert Morgan sells in Woollahra: Title Tattle
Robert Morgan, chairman of Clemenger Communications, and his wife, Vanessa, have sold their four-bedroom Woollahra residence, Attunga Lodge.
It was listed in February 2011 with $6 million-plus hopes through Michael Pallier from Raine & Horne Double Bay, but more recently at around $5.5 million.
The house has been refurbished since it was bought for $5.06 million in 2007 from Mark Chiba from Asia-Pacific advisory outfit, the Longreach Group. The five-bedroom 1868 home on an 1,100-square-metre block in Attunga Street, was given a major renovation in the late 1980s by developer Bill Shipton, putting a two-storey addition around the original 19th-century home, which he bought from investment banker Paul Espie for $800,000 in 1988.
Morgan moved up from Clemenger's Melbourne office after Greg Daniel stepped down in the late 1990s. The Morgans’ earlier Sydney bolthole was a Paddington terrace, bought for $2,175,000 in 2003 and sold in 2007 at $2.81 million.
Morgan, whose career was made marketing Campbell’s soup, has most recently spent $8 million to buy on Sydney Harbour according to the Land Titles Office official transfer document.
The Point Piper acquisition was bought from Pierce Cody, the entrepreneurial adman who went onto establish and sell Macro Wholefoods, and his wife, Toni. With views across the Royal Motor Yacht Club, it had last traded in 1997 for $3,262,500. It sold through Alain Waitsman and Bill Malouf.
