Telling property voyeurs first: Sir William Tyree's $30 million plus Darling Point sale

Jonathan ChancellorJuly 2, 2013

News timeline for Sir William Tyree Darling Point ....


(3RD) Sydney waterfront $30m sale Sydney Morning Herald-2 hours ago July 3, 2013 - 6:22PM

The Darling Point waterfront home of Sir William Tyree, OBE, looks set to sell to ...


 
(2ND) Sir William Tyree's 3 Lindsay Ave, Darling Point, sells for $30m The Australian ?- 19 hours ago

Yachting Australia's vice president Matt Allen has paid more than $30 million for Sir William Tyree's Darling Point mansion, which has been ...

 

 

(1ST) Yachtie Matt Allen takes put and call option over Sir William Tyree's ... Property Observer 2 days ago -

Yachtie Matt Allen, a veteran of more than 20 Rolex Sydney Hobart Yacht Races. has taken a put and call option over Sir William Tyree"s ...

 

By Jonathan Chancellor 
Monday, 01 July 2013

Its an 1,800-square-metre Lindsay Avenue property at the tip of Darling Point and next door to Glanworth, owned by the media tycoon Kerry Stokes, who everyone throught might be the likely buyer, if not the other neighbour, Stan Howard.

Sir William bought it in 1967 for $170,000 from the estate of Margaret Wirth of the Wirth Circus family.

It was listed with $40 million to $50 million hopes in 2011. And as Property Observer noted on its listing, the price may have been achievable two to three year earlier, but not then and not now.

No sale price is yet available. Nor the specifics as to the option. But Title Tattle presumes it fetched around $30 million, and more likely on the high side.

It was 1996 when the potter Warburg executive Matt Allen spent $5.65 million sale to buy the Yoorami Estate in Bellevue Hill from the barrister Geraldine Vandeleur, wife of silk Charles Sweeney.

Jonathan Chancellor

Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.

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