Russell Crowe lists $2 million Sydney investment apartment

Russell Crowe lists $2 million Sydney investment apartment
Jonathan ChancellorDecember 8, 2020

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The Potts Point investment apartment of actor Russell Crowe – bought for $1.5 million in 2001 – has been listed for sale. More than $2 million is tipped for the top-floor apartment with Harbour Bridge and Opera House views through lattice-framed balconies accessed through three french doors.

It’s in a strata-titled triplex terrace on leafy Victoria Street. There’s secure parking with the two-level apartment that has two bedrooms and two bathrooms. It’s been listed by Jason Boon at Richardson & Wrench Elizabeth Bay and Hamish Robertson at McGrath Estate Agents.

Crowe was seemingly captivated by charm of Victoria Street – with the western sunlight filtering through the plane tree-lined Parisian-style strip, which has survived despite the high-rise development further up the street. It was bought in 2001 from the theatre director Jim Sharman, who had bought it in 1984 for $310,000.

In early 2011 after a four-year search, Crowe and his wife, Danielle Spencer, spent $10 million on a Rose Bay property, Te Puke, a 1909 house updated with a 1927 Arts and Crafts-style additions. Along the way they inspected the $50 million-plus Altona on the harbour in Point Piper in 2007, as well as unsuccessfully seeking pricey inland residence Le Manoir at Bellevue Hill, which fetched $23 million in 2009. Spencer was keen to spend more, while Crowe, preferring to keep his substantial Woolloomooloo apartment as a bolthole, only wanted to spend a modest amount.

The six-bedroom Rose Bay house is set on 1,200 square metres overlooking the fairways of the Royal Sydney Golf Club. Te Puke, pronounced ''teh-pook-eh'', is Maori for hill, and last traded at $5.5 million in 2001. Crowe and Spencer snapped it up before its forthcoming auction through Ben Collier and James Dack at McGrath Estate Agents.

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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