We’re sorry, this feature is currently unavailable. We’re working to restore it. Please try again later.
When it comes to pricing Sydney’s trophy homes, you can ask, but buyers will also have a say in the sale price. It’s a meeting of minds, and wallets, which art collector and options trader David Waterhouse is hoping will land him about $28 million for his landmark Spanish Mission home in Rose Bay, Villa Biscaya.
The five-bedroom residence on 1126 square metres will be a good test of how far the top end of the market has moved since early 2020, when COVID was spreading fear and a degree of panic-selling worldwide, and Waterhouse exchanged to buy the house for $10.25 million.
Villa Biscaya was built in 1929 and designed by architect Alan Edgecliff Stafford.Credit:
A long settlement meant Waterhouse, a long-estranged member of the prominent horse racing family, didn’t take the keys until 18 months ago, by which time the post-pandemic boom was in full swing.
David Waterhouse bought Villa Biscaya in early 2020.Credit:Marco Del Grande
When it last traded it was no easy sell. Medical entrepreneur Robert Gregg and his wife Elaine had the 1929-built house on the market for five years, initially with $13 million hopes that were soon revised to $12.5 million.
Waterhouse has renovated it during his brief ownership, and scored DA approval for architect Michael Suttor-designed alterations and additions before it hit the market on Friday with The Agency’s Bethwyn Richards and Steven Chen.
The bullish guide no doubt leans on a run of recent top sales – most notably mining businessman “John” Changjin Li’s $26 million sale of a Vaucluse house two years after he paid $10.9 million, and Chen’s sale of a Vaucluse mansion for $37.5 million to former Labor MP Ros Kelly and her banker husband David Morgan only three years after the same house sold for $17 million.
The grand Victorian Italianate mansion Apheta goes to auction on November 19 with a $15 million guide.Credit:
The grand Victorian Italianate mansion that is home to acclaimed author Markus Zusak and his wife Dominika hit the market this week for about $15 million.
Markus Zusak and his wife Dominika are selling their Woollahra home.Credit:
Apheta was built in the 1890s, and previously owned by the late Mirvac co-founder Henry Pollack before it won a Master Builders Association award for best renovation in 2003 thanks to then-owners Michael Brown and Wendy Searle.
It was bought by Dominika in 2009 for $4.5 million, four years after the publication of Zusak’s bestseller The Book Thief, and a renovation almost a decade later featured in Vogue Living in 2020.
The Agency’s Ben Collier has set a November 19 auction.
The Potts Point penthouse atop the landmark Hampton building owned by recently retired Australian Financial Review journalist Pam Williams is another of this week’s top listings, given what looks like a sea change to the South Coast.
Pam Williams commissioned a renovation by architect Alexander Michael after she bought the Hampton penthouse.Credit:
The Walkley Award-winning writer purchased the designer digs in 2016 for $3.1 million, commissioning a renovation by architect Alexander Michael and a landscaped rooftop garden by Space Designs’ Jason Elboz.
The 510-square-metre spread hit the market on Friday with Richardson & Wrench’s Jason Boon and Laing’s Anthony Birdsall with an $8 million to $8.8 million guide.
It comes a year after she purchased a beachside house in Wombarra for almost $2.2 million, a month before the house next door sold for $6.3 million to Microsoft boss Steve Worrall.
The Cronulla home of Jess Yates and Luke Egan goes to auction on November 2.
The Cronulla home of Fox Sports presenter Jess Yates and her pro-surfer husband Luke Egan is set for auction on November 2 given the couple’s plan to sign up for another major rebuild or renovation locally.
Jessica Yates is a presenter on Fox Sports.Credit:Rhett Wyman
The four-bedroom, four-bathroom house with formal and informal living rooms and a swimming pool and cabana was built by the couple following their purchase in 2013.
Records show Egan, a former world number two, and Yates paid $1.425 million for it at the time, set less than 100 metres from the surf.
Highland Property’s Laura McKay and Mitchell Wynn have a guide of $5.5 million.
Copyright © 2022