The challenge for selling agent,former owner and Craft’s husband Christian Sergiacomi,of Pacifico Property,will be beating the stonking price that he sold it for at the peak of the boom.
Pacifico House was built in 2020 as Shelley Craft and Christian Sergiacomi’s own home at Belongil Beach.Michael Lean
This time around,and in the wake of a 2.6 per cent median house price drop in Byron Bay last year,the Paul Uhlmann Architects-designed house comes with a guide of $7.5 million to $8 million.
Nick Fahey co-founded PointsBet in 2015 and six years later bought a Tamarama house for $16.3 million.
Neylon,the founding director of Australia’s first listed internet media company LibertyOne,and a founding director and shareholder of IOT Group,won’t be without a Byron Bay getaway after it sells. The family’s corporate interests paid $6 million for a nearby beach house in 2021.
Still in Byron Bay,online bookieNick Fahey has fared well in the local market. The co-founder of PointsBet has flipped his luxury digs less than a year after he purchased it for $4.4 million.
McGrath’s Nick Dunn secured $4.8 million for the four-bedroom house,returning a profit after the $238,000 stamp duty.
It seems the South Coast holiday home market has come back from the peak,as REA Group chairman and former Rugby Australia chairHamish McLennan well knows.
Cedarvale is the 20-hectare holiday retreat that Hamish and Lucinda McLennan purchased in 2011 for $2.9 million.Domain
McLennan and his wifeLucinda listed their Berry retreat Cedarvale last year for $7.45 million,but revised the price downwards recently to $5.9 million as the Shoalhaven median house price slid some 1.8 per cent for the year.
Hamish McLennan recently sold his Lavender Bay home for $16.85 million to buy in Darling Point for $29 million.Edwina Pickles
The discounting worked wonders and Ray White’s Neil Campbell has sold it for $5.6 million.
There was more serious price revision to sell the Southern Highlands olive grove Woodlands for medicoSusan Conde,the daughter of the late 2UE ownerStewart Lamb.
Savills’ Martin Schiller and DiJones’ Bradley Cocks were asking $10 million to $11 million for the Mittagong property a year ago,and it sold this week after the guide was reduced to $8.5 million.
Yes chef
The Gladesville home ofMartin Benn and his partner maitre d’Vicki Wild hit the market this week ahead of a March 9 auction.
The Gladesville home of chef Martin Benn and Vicki Wild is set on one of the suburb’s best streets.Domain
The couple were the star attraction of the three-hatted restaurant Sepia in 2015 when they bought the 1930s bungalow for $2.5 million.
Martin Benn and Vicki Wild have a $3.8 million guide on their Gladesville home.Kristoffer Paulsen
After Sepia closed five years ago,the couple were lured to Melbourne to front the restaurant Society,renting their five-bedroom home with a swimming pool out at the time. But they have long since returned to live in their recently modernised Sydney property.
BresicWhitney’s Nicholas McEvoy has a $3.8 million guide.
Banking on Bellevue Hill
James Carnegie,local chairman of private equity giant Blackstone and his wifeMelissa “Missy” Carnegie have bought into Bellevue Hill for $11.07 million.
James Carnegie has paid $11.07 million for a 1960s-built house in Bellevue Hill.Domain
Carnegie,the son of mining legendSir Roderick Carnegie,a sibling of ANZ’sMaile Carnegie and brother to high-profile venture capitalistMark Carnegie,is only the second owner of the seven-bedroom residence since it was built in 1962.
Joining Carnegie in the Bellevue Hill housing market is Blackstone’s local asset managerKimmo Tammela,whose wifeHannah Patterson-Tammela took the keys to a $9.75 million house last week.
Tammela was until recently based in Singapore as head of finance for Asia Pacific,but has relocated here as Blackstone’s managing director of real estate.
Still with Bellevue Hill’s finance set,Bell Potter brokerLes Owen and his wifeSamantha have set a February 28 auction on their Bellevue Hill home amid talk of a downsize locally.
The Bellevue Hill home of Les and Samantha Owen goes to auction on February 28.Domain
The four-level house with a swimming pool and views to the city and harbour last traded in 2007 for $6.5 million.
Owen is best known to property watchers for fronting the corporate trust that purchased Potts Point’s historic Bomera mansion in 2019 for $34 million on behalf of British “man of steel”Sanjeev Gupta,although Owen has since been replaced as a director by lawyerNitij Pal.
McPhee’s Sydney landing
Gold Coast-based logistics magnateJay McPhee has purchased a bolthole in Potts Point,paying $12.5 million.
The Potts Point terrace on Embarkation Park sold for $12.5 million just days before Christmas.Domain
The Victorian-era corner terrace sold days before Christmas,and settled recently to the head of McPhee Distribution Services.
Still in Potts Point,a whole-floor apartment in the Alex Popov-designed Grantham building has resold for almost $2 million less than it last traded for 18 months ago.
Narelle andLionel Brown purchased the second-level spread in 2022 from former Macquarie Bank senior executivePeter Maher and his psychologist wifeLouise Fisher for $10 million.
It returned to the market last October with TRG’s Gavin Rubinstein,who elicited an $8.25 million offer from Byron Bay-based art dealerSteve Nasteski, only to then sell it to another buyer for about $8.3 million. Ouch.