Balmoral

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The Vocation founder and former executive Brett Whitford has sold his Balmoral home.

He was seeking $20 million plus for the home which cost $16 million in 2015 after a 2015 exchange.

It was listed as he intends spending more time at his 57-hectare Angus cattle farm at Jamberoo.

The Balmoral cliff top trophy home had been the home of the recruitment industry pioneer Geoff Morgan and his wife, Roslyn.

The Morgan house had been substantially renovated, while still retaining its 1930s Mediterranean-style.

There are views of Grotto Point, Castle Rock Beach, Clontarf and the rest of the Middle Harbour beauty points along with national park headlands.

The co-founder of recruitment giant Morgan &amp; Banks bought his north-facing 1,100 square metre property in 2004 for $5.25 million.

The five-bedroom, six bathroom house with a gym and pool was sold through local agent Michael Coombs for Whitford who is now the Glenburn Private Capital chairman.

It will likely be the second highest sale this year in Mosman, which has seen some $1.4 billion in sales, according to Domain.

The year was topped by the $22 million sale in February of the Adamo family mansion to Mengyao Ling on Ruby Street.

The third highest sale was $20 million when an Alex Popov-designed residence was sold by the childcare mogul Brendan McAssey to shopping centre estate agent Simon Rooney and his wife Kristen.
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It will likely be the second highest sale this year in Mosman, which has seen some $1.4 billion in sales.

jchancellor

Vocation founder Brett Whitford sells Balmoral home

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The Balmoral Slopes home of Richard and Jane Freudenstein, listed with a price guide of $23 million to $25 million, fetched $23,733,800 to a Chinese-born Australian buyer.
The seven bedroom home sits on 1650 square metres complete with views across Middle Harbour towards Sydney Heads.
Ray White Lower North Shore agent Geoff Smith had the listing of the property at 1-3 Burran Avenue which sold to Wilson Hui Xiong Xue, the self-described shoe king of China.
“In China, people call me the ‘shoe king’ as more than 1,000 people work for me and we export millions of shoes around the world,” Xue said in a 2011 interview.
Wilson started Fu Qing Feng Sheng Shoes Co Ltd in 1993 and has pursued business in footwear wholesale and retail in Australia from 1997 with 25 retail outlets in NSW and Victoria.
Wilson also has interests in mining, forestry, solar power and resort hotels. He has gold interests in Papua New Guinea and solar power stations in Tonga.
In Australia he is associated with Pilot Energy Limited, an ASX-listed company (ASX:PGY) that is rapidly creating and developing a portfolio of high quality conventional oil and gas assets.
He has been non executive chairman of Pilot Energy Limited since 2016.
Infact he describes himself as an entrepreneur and businessman with 25 years of senior management experience.
"He has an impressive record of establishing and growing new businesses across a breadth of industries.
"In addition to Mr Xue’s business acumen, his extensive international contacts will benefit the company as it implements its growth strategy."
Earlier this month the company agreed to a placement of new ordinary shares at an issue price of $0.03 per share, which was 48 percent higher than the Company’s current share price.
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The placement will inject almost $477,000 into the company, enabling it to fund working capital and exploration activities to support future drilling.
Wilson is the honorary president of the Australia Council for the Promotion of Peaceful Reunification of China and the honorary president of the Australian Fuqing Association.
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Richard Freudenstein and wife Jane, plus their three daughters, lived in Burran Avenue, Mosman for almost 12 years.
Eight cars can be parked under the tennis court.
“For us it is a downsizing exercise as we now only have one daughter at home,” said Freudenstein, who sits on the REA Group board and is a former CEO of Foxtel and The Australian newspaper.
The Freudensteins aren't planning to move far, spending $11 million in Mosman.
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firstname1-iYD4UYzvBa

Chinese buyer pays $23,733,800 for Balmoral home of Richard Freudenstein

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The Waterhouse racing clan have undertaken an internal shuffle of ownership of one of their Balmoral Beach luxury apartments.
Louise Raedler-Waterhouse has ended up with young bookie Tom Waterhouse's redundant duplex apartment.
The paperwork will show his aunt paying $4.38 million for The Esplanade apartment, which was acquired for $3.51 million in 2008.
Tom, of course, spent $13 million last year on his beachfront Balmoral residence with wife Hoda, following their first child daughter Rose in 2013. 
The Australian head of William Hill's operation, who has long loved the Balmoral promenade, is the fourth generation of Australia's most famous bookmaking family.
This article first appeared in The Saturday Daily Telegraph.
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jchancellor-FAypfDUnLy

Tom Waterhouse sells Balmoral Beach prestige apartment 

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The Charter Hall co-founder Andre Biet and wife, art enthusiast Teresa have listed their Balmoral slopes home.
The couple bought the property for $3.2 million in 2005 and completely renovated the home.
The new homes design was created around two pavilions which are divided by a private greenway and link with the swimming pool.
There are walls of retractable glass on three sides which open to views of Middle Harbour.
Set on 510 sqm, the property features numerous alfresco dining areas, a boardwalk, steam room and fully equipped home theatre.
Belle Property agents Tim Foote and Brad Rogan have a<a href="https://www.realestate.com.au/property-house-nsw-mosman-122167246" target="_blank"> price guide of between $11 million and $12 million</a>.
Art can be found on nearly every wall in the property.
The couple founded Art Incubator together, a support program for young emerging Australian artists.
Upon the sale of Charter Hall Andre retired however he was convinced by former colleague James Marshall to join him in the property game at his new firm Marprop.
The Superba Parade home has been listed through Belle Property agents Tim Foote and Brad Rogan and has a price guide of between $11 million and $12 million. 
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jrobinson-rf4aSBido9

Andre Biet lists Balmoral beauty

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Ex-Societe Generale CEO John Harvey has sold his Balmoral mansion reportedly for around $12.5 million after a three-month campaign through McGrath agent Michael Coombs.
<a href="https://www.realestate.com.au/property/13-balmoral-ave-mosman-nsw-2088" target="_blank">It was a new-build</a> by award winning Sanctum Design and crafted by award winning Mudgecorp Constructions.
Offering over 800sqm of luxury living space, the home has five bedrooms, five bathrooms and a swimming pool
There's a 140 sqm terrace with fire pit and outdoor kitchen.
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It likely ranks as the second most expensive Mosman home sold in 2016, after retired Merrill Lynch and Commonwealth Bank executive Doug Dovey and his wife Debra's sale. Their nearby Burran Avenue home fetched $12.8 million in March. 
The former Australian chief executive of French investment bank Society Generale paid $3.25 million for the property in 2005 and built the new home from scratch on the 988 sqm parcel.
 
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Balmoral trophy home sale for John Harvey

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West Coast Eagles midfielder and former Brisbane Lion Jack Redden and partner Aymee have listed their Balmoral home.
It had previously been a $1,250 a week rental following Reddens trade to the West Coast Eagles last year.
The couple paid $1,027,500 for <a href="https://www.realestate.com.au/property-house-qld-balmoral-118316659" target="_blank">the four bedroom home</a> in 2013 before adding a deck extension and an in-ground swimming pool.
They were set to update the ground floor until Redden was called to the West Coast.
Set on 607 sqm and surrounded by established landscaped gardens, the two storey home also comprises two bathrooms and a rumpus room.
Redden has a tenant for his Bulimba home for rent at $680 a week. The three bedroom home cost $640,000 in 2010.
Ray White New Farm's Karla Lynch has the listing.
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Former Brisbane Lion Jack Redden lists in Balmoral

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West Coast Eagles midfielder Jack Redden has sold his Brisbane base following his move to Perth with wife Aymee in 2015.
Redden listed it <a href="https://www.urban.com.au/news/64151-former-brisbane-lion-jack-redden-lists-in-balmoral" target="_blank">earlier this month</a> and it sold after the first inspection for $1,225,000. 
The <a href="https://www.realestate.com.au/sold/property-house-qld-balmoral-118316659" target="_blank">Balmoral property</a> was acting as an investment after the couple moved, renting at $1,250 a week.
The couple paid $1,027,500 for the four bedroom home in 2013 before adding a deck extension and an in-ground swimming pool.
They were set to update the ground floor until Redden was traded to the West Coast from the Brisbane Lions.
The 26 year old played 129 games for the Queensland club before requesting a trade at the end of the 2015 season. He played another 15 games for the Eagles last year.
Set on 607 square metres and surrounded by established landscaped gardens, the two storey home also comprises two bathrooms and a rumpus room.
Ray White New Farm’s Karla Lynch sold the home.
Redden has a tenant for his Bulimba home for rent at $680 a week. The three bedroom home cost $640,000 in 2010.
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West Coast midfielder's former Balmoral, Brisbane nest sells for $1,225,000

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Dean Semler, the Oscar winning cinematographer, and Annie, his actor wife, have listed in Balmoral.
They bought the Sante Fe style home in 1980 for $140,000, now with a part ownership by the daughter Ingrid.
<a href="https://www.realestate.com.au/property-house-nsw-mosman-126855954" target="_blank">There are $3 million to $3.3 million hopes</a> for the Botanic Road home through Adam Vernon at Vernon Partners. It comes with pedestrian access only. 
Semler, who has worked on more than 70 feature films, won a 1991 Oscar for the Kevin Costner film Dances with Wolves.
He has been the cinematographer for Mad Max 2, Bodyline, Nutty Professor II, Deadcalm and The Longest Yard.
The home away from home for the South Australian has been on the Pacific Palisades in Los Angeles.
This article first appeared in The Daily Telegraph.
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Oscar winner Dean Semler lists in Balmoral

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Good Price Pharmacy co-founders Anthony Yap and wife Hanh My Luu have listed Wandana, their luxury Balmoral home. 
Wandana, translated to 'see far away' in reference to its postcard views of the Brisbane CBD, cost the couple $4,028,888 in 2014.
Set high on the Wentworth Parade hilltop, the architect-designed home was constructed using suspended concrete slab and portal steel.
It has six bedrooms, five bathrooms, a library, home office, two master suites, media room and a swimming pool beside one of the terraces.
A lift services the three levels, down to the below-ground five car garage, 300 bottle wine cellar and sauna.
Place Bulimba agent Sarah Hackett has an August 4 auction.
The couple were just 23 when they founded Good Price Pharmacy in 2001.
They opened the first pharmacy using $50,000 in life savings. Now Good Price has over 40 stores in six states and an annual turnover in excess of $200 million.
Place Bulimba agent Sarah Hackett has an August 4 auction.
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