Pearl Beach

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Located by the beach, the single-level, four-bedroom cottage at 19 Tourmaline Avenue, Pearl Beach is a contemporary family weekender.
Built from scratch, the <a href="https://www.realestate.com.au/property-house-nsw-pearl+beach-122502126" target="_blank">cladded beach cottage </a>was designed by architect Murray Thomas and his wife, interior designer, Anna who bought the block in 2012 for $660,000.  
The house features a bright burnt orange front exterior, an open floorplan and a large grassed courtyard. 
Blue gum timber was used for flooring throughout the house which also features a stone-filled reflection pool and rammed earth walls. 
This is the Thomas’s second Pearl Beach project following the Pearl Beach Drive weekender they purchased for $840,000 in 2006 and sold to Blackmores chief Christine Holgate for $2.3 million. 
The 670 square metre, four-bedroom, three-bathroom property has been listed by Stuart Gan and Emily Bruhwiller at PRDnationwide Ettalong who have $2.2 million plus hopes.
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<div>The median house price in Pearl Beach is $830,000 according to <a href="https://www.urban.com.au/property-observer" target="_blank">CoreLogic RP Data</a>.</div>
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Pearl Beach's latest Murray Thomas design offering

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A beachfront property at Pearl Beach has been listed for sale. 
The building at <a href="https://www.realestate.com.au/property-house-nsw-pearl+beach-123339446" target="_blank">1 Tourmaline Avenue</a> is approximately 5,862 square metres in size and sits on 670 square metres of land and comes with four bedrooms and four bathrooms . 
The two-storey, weatherboard holiday style home has over 20 metres of beach frontage and a wine cellar in the basement. 
Income can be gained by the lower level of the property which features a two-bedroom holiday let and a large sun deck with views to the beach and a 70-seat restaurant which was awarded one hat by the SMH Good Food judges.
The restaurant lease has five years remaining and is expected to provide a return of $94,000 per annum, the two-bedroom apartment on the lower level is expected to provide a return of $40,000 as a holiday rental.
The upper level of the property and the the owner’s apartment has two bedrooms and the master with ensuite. 
The property is listed by Stewart Shaw at Pearl Beach Real Estate who is listening to expressions of interest.
The median house price in Pearl Beach is $850,000 according to <a href="https://www.urban.com.au/property-observer" target="_blank">CoreLogic</a>. 
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Beachfront at Pearl Beach hits the market

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Blackmore's chief executive Christine Holgate has scheduled her redundant Pearl Beach weekender for October 29 auction.
It comes with <a href="https://www.realestate.com.au/property-house-nsw-pearl+beach-121137042" target="_blank">$2 million to $2.2 million price guidance</a>, a year after being listed with $2.45 million hopes. 
The listing follows the head of the vitamin tablet company spending $5.2 million last October to upgrade to the beachfront at the Central Coast weekender location.
The Walter Barda-designed beachfront had previously traded at $5.8 million in 2009 when the retail warehouse industry billionaire Brett Blundy bought from the former Photon Group executive chairman Tim Hughes and his wife, Jackie.
Holgate's now redundant, nearby bushland retreat was bought for $2.3 million in 2008.
It has been listed through Stuart Gan of PRD Nationwide Ettalong, and seems likely to be likewise sold at less than its last purchase price.
Her Blackmore shares saw trading at $220 record highs earlier this year as they have tapped into the Chinese market for vitamin E, selling some 500,000 tubs a month. They are now trading at $100 less on the ASX.
The UK born Holgate married her partner Michael Harding at a ceremony in the English coastal town of Aldeburgh earlier this year.
Last December she offloaded $4 million in Blackmores shares, giving the excuse in a disclosure to the ASX that she was "soon to be married" and had sold the shares to help fund the new home.
This article was first published in the Sunday Telegraph.
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Christine Holgate relists Pearl Beach weekender

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The Blackmore's chief executive Christine Holgate has finally sold her redundant Central Coast weekender.
A price reduction six months ago to $2.2 million has prompted the Pearl Beach sale that was initially listed with $2.6 million hopes with PRD Ettalong Beach agent Stuart Gan over a year ago.
She paid $2.3 million for the bushland retreat in 2008.
The four bedroom home had been deemed surplus to requirements to the head of the vitamin tablet company, who upgraded weekenders last October when she spent $5.2 million on a Walter Barda-designed beachfront.
It too traded at a loss since $5.8 million was paid in 2009 when billionaire retail king Brett Blundy bought from the former Photon Group executive chairman Tim Hughes and his wife, Jackie.
Holgate's Blackmore shares saw trading at $220 record highs earlier this year as they have tapped into the Chinese market for vitamin E, selling some 500,000 tubs a month. They are now trading at $112 on the ASX.
Last December she offloaded $4 million in Blackmores shares at around $171 a share, disclosuring to the ASX that she was "soon to be married" and had sold the shares to help fund the new home.
The UK born Holgate married her partner Michael Harding at a ceremony in the English coastal town of Aldeburgh earlier this year.
This article was first published in the Saturday Daily Telegraph.
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Blackmore's chief finally sells Central Coast weekender

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A Brian Mazlin designed Pearl Beach retreat has been listed for May auction.
The three bedroom, <a href="https://www.realestate.com.au/property-house-nsw-pearl+beach-124234214" target="_blank">Green Point Road</a> home that is nestled in private bushland was designed by the acclaimed architect in 1963.
It received a restoration and interior design by TFAD in 2010. It has been constructed and renovated in the classic Mid-Century style.
Its floor-to-ceiling glass blends Mazlin’s early vision and TFAD’s contemporary design.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/05/16/Pearl1.jpg" alt="" width="420" height="238">
Spanning over 126 sqm of internal space over two levels, it offers three bedrooms, three bathrooms, and a verandah-wrapped elevated platform to enjoy the views along Pearl Beach. 
The upper level accommodates the main living, dining and kitchen areas, as well as the master bedroom with ensuite, second bedroom and main bathroom. 
Beneath is the guest suite, comprising of a bedroom and bathroom opening up to front garden of native plants.
A four bedroom home at <a href="https://www.realestate.com.au/sold/property-house-nsw-pearl+beach-125221082" target="_blank">1 Coral Crescent</a> sold for $1.98 million in May 2017.
Another four bedroom property at <a href="https://www.realestate.com.au/sold/property-house-nsw-pearl+beach-124696434" target="_blank">4 Diamond Road</a> traded for $1.28 million in March 2017.
Modern House principal Marcus Lloyd-Jones is the listing agent.
The Pearl Beach median house price sits at $937,500.
 
 
 
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Brian Mazlin 1960s Pearl Beach classic listed for auction

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The former managing director of Goldman Sachs Australia Robert Tsenin and wife Estelle have bought a weekender in Pearl Beach.
They've paid $3.45 million for an architecturally designed home with four bedrooms, three bathrooms and a home office. It was offered through PRDnationwide agent Stuart Gan.
The purchase comes after their Killcare Heights weekender sold for $1.45 million having been listed through Belle agent Cathy Baker with $1.7 million hopes.
They paid $1.47 million in 2003 when it was bought from prominent interior designer Thomas Hamel and antique dealer Martyn Cook.
The Tsenin's are based in a Sydney Wharf penthouse that cost $6,595,000 in 2014.
This article first appeared in The Daily Telegraph.
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Former Goldman Sachs director buys Pearl Beach weekender

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<div>Toni Collette and her husband Dave Galafassi have sold at Pearl Beach on the NSW Central Coast.</div>
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<div>It was co-owned by Collette’s parents Judith and Bob.</div>
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The Hollywood star Toni Collette, her husband musician Dave Galafassi secured $1.4 million through McGrath Gosford.
The <a href="https://www.realestate.com.au/property/30-tourmaline-ave-pearl-beach-nsw-2256" target="_blank">four-bedroom, three bathroom weatherboard</a> set some 300 metres walk from the beach on Tourmaline Avenue last traded in the property boom of 2004 at $1.4 million.
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Toni Collette's Pearl Beach family home fails to show any price growth

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A Pearl Beach home, known as the White House on Beryl, has hit the market with a price guide of $1.85 million to $2 million.
Located at 18 Beryl Boulevard, Pearl Beach the home is just 250 metres from the water. It last traded for $1.5 million in 2006.
The home is set on 675 sqm and has three separate living areas which lead to a Mediterranean inspired pool deck.
<img src="https://www.urban.com.au/images/2018/11/8/Pearl%20Beach.JPG" alt="">
The three bedroom, two bathroom house features a pool and cabana.
PRD Nationwide agents Dale Bassett and Madi Holt are marketing the home. 
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Pearl Beach's White House on Beryl listed

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Creek Cottage, the home of the late noted author and conservationist Vincent Serventy and his wife Carol, has been listed for sale.
Serventy, who 30 years ago helped save the Great Barrier Reef from oil leases, and his wife Carol bought the Pearl Beach weekender in 1976 for $22,000, moving there permanently in the 1990s.
It returned to the market initially with <a href="https://www.centralcoastrealty.net/property/156/36-diamond-rd-pearl-beach-nsw" target="_blank">more than $1.5 million</a> being sought through Stuart Gan, but now the price guidance is $1.35 million to $1.45 million.
<img src="https://www.urban.com.au/images/2019/5/24/Cottage%20Creek%202.JPG" alt="">
Situated at 36 Diamond Road, Pearl Beach the four bedroom two bathroom beach home is 100 paces from the beach.
Set on 670 square metres, the home features timber floors, high ceilings, large verandahs and guest accomodation.
With a fireplace and a carport the home is described as a "unique once in a generation opportunity".
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Conservationist Vincent Serventy's Pearl Beach home Creek Cottage listed

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Rebel Sports co-founder Robert Gavshon and his wife Jennifer have secured $2,052,000 following their Pearl Beach weekender upgrade.
The Dover Heights-based couple purchased the four bedroom, 1990 home on Cochrane Lagoon for $1.57 million in 2008 which took just under a year to sell.
Instead, they have opted for the beachfront where they spent $4,428,000 buying from Martin Scott, local head of Swiss investment manager Partners Group who had the property as a $1500 a night rental.
Gavshon migrated from South Africa in 1978.
This article was first published in the Saturday Daily Telegraph.
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Pearl Beach

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