Singo's Killcare beach house remains for sale
Adman John Singleton has yet to sell his little-used Killcare beach house on the NSW Central Coast.
It sits next to the Killcare Surf Life Saving Club, almost on the beach.
It was designed by the local architect Karen Burke with skillion roof-lines and extensive glazing.
The interiors were designed by Chrissie Jeffrey with the master suite comprising a study, dressing room, bathroom and private deck, overlooking a small waterfall and bushland.
Given Singleton's desire to typically stay at his Central Coast Mt White stud farm, the beach property has been instead managed as a luxury holiday house by The Bells Boutique Hotel Group.
Singleton bought the 80 Beach Drive property for a suburb record of $4.25 million in late 2007, pre-global financial crisis. The highest sale since then has been $2.7 million over the past eight years.
It has been listed with Gittoes agents Cathy Baker and Stephen Gittoes who withdrew the property ahead of its scheduled weekend auction with negotiations well advanced.
The initial pre-auction reports of $3.5 million plus hopes were followed by later reports the agents expect $4 million or so, which would equate to a sizeable loss.