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O’Neil’s deal on the double

May 13th, 2018 / / categories: 江苏夜网 /

Property developer Denis O’Neil is selling his long-held Iluka Road estate at Palm Beach. Frank and Amber Elsworth’s Tasman Road property at Avalon sold for $1.95 million within a week of listing.
Nanjing Night Net

Actor Julieanne Newbould is selling her Dick Street, Henley, waterfront home.

Two trophy listings on the northern beaches, playground of the rich and famous, hit the market this week. At Palm Beach, the long-held Pittwater retreat of property developer and keen yachtsman Denis O’Neil and his family is listed for sale by expressions of interest closing on November 15 through David Edwards of LJ Hooker Palm Beach.

With frontage to Snapperman Beach, the O’Neil family’s Iluka Road waterfront holding is a consolidation of two properties totalling 1112 square metres.

Designed by architect Walter Barda, the main residence has seven bedrooms, seven bathrooms and large open-plan living areas that flow to a covered terrace and a waterfront lawn with title to the high-water-mark boundary.

In 1995, the O’Neils bought an adjacent property from Robert Miller for $1.55 million; its garage (with a two-bedroom studio above it) was retained, but the cottage was demolished and replaced with a lawn and palm trees.

The O’Neil properties are for sale individually or in one line.

Edwards is quoting more than $14 million for the pair, more than $8 million for the large residence, and more than $6 million for the adjacent block with the garage and studio.Livin’ on The Wedge

At neighbouring Whale Beach, businessman and environmental activist Geoff Cousins has listed his substantial six-bedroom residence standing on a 1440-square-metre block with direct frontage to the sand at the northern end of the beach.

Named The Wedge after a nearby surf break, the house was built after Cousins bought the Whale Beach Road property for $1.45 million in 1987.

Designed by architect John Crawford and completed in 1991, it is a series of three pavilions with large living spaces and vast timber decks overlooking lawns that roll down to meet the beach.

Imbued with a distinctly Australian ambience, it has flooded gum and blackbutt floors, high ceilings with timber beams, and a huge fireplace made with river stones.

For sale by expressions of interest closing on November 14 through Glenn Lee of Raine & Horne Palm Beach, The Wedge is listed with hopes of beating the suburb record of $13 million for another Whale Beach Road property that sold in May 2007.Risk and reward

Also on the northern beaches, an Avalon house owned by a senior manager with ANZ’s Market Risk Group, Frank Elsworth, and his wife, Amber, sold for $1.95 million after only two weeks on the market through Noel Nicholson of LJ Hooker Palm Beach.

Set on a 941-square-metre block in Tasman Road, the four-bedroom residence last traded for $2,175,000 in April 2009.

But it’s a case of ”what you lose on the swing, you gain on the roundabout” for the Elsworths, who are upgrading to a waterfront house at Palm Beach.

The couple have bought the Iluka Road residence of accountant Bruce Hancox through Nicholson, and while the price is undisclosed, it’s understood to be about $4.8 million. Last October, it was listed at $6.75 million.Highland fling

Last weekend at Burrawang in the southern highlands, the local pub was atwitter with news of media tycoon David Leckie buying a nearby property named Morinda Springs.

Last month, the 42-hectare property, owned by former telco boss Dick Simpson and his wife, Caroline, was listed for sale at $4,895,000 through Drew Lindsay Real Estate – and the agency’s website shows the property has sold.

The substantial four-bedroom, four-bathroom, single-storey house – designed by architect Richard Rowe, with extensive gardens (designed by landscapers Michael Bligh and Peter Fudge) featuring an infinity-edge heated swimming pool – occupies lush undulating land with extensive cattle facilities for the Simpsons’ Angus herd.

On the outskirts of Burrawang Village, the estate is in the same precinct as the rural retreats of property developer John Boyd and Macquarie Radio’s Russell Tate.Classic by nature

ABC radio presenter Margaret Throsby is selling the Birchgrove home in which she’s lived for 25 years.

In a dress-circle location high above Mort Bay, the three-level freestanding, renovated Victorian house has 180-degree water views to the city skyline in the distance.

On a 381-square-metre block in Ballast Point Road, the four-bedroom house was rebuilt after Throsby bought it for $200,000 in 1987.

Set for November 3 auction through Sally Hampshire of Laing+Simmons Double Bay, it is expected to sell for more than $2.7 million.Day trading

Settlement has taken place on the Clontarf beachfront residence of property developer Stephen Day and his wife, Sarah, which sold in June through the principal of LJ Hooker Seaforth, David Rothschild.

At that time, the price was tipped to be about $8.2 million, but records reveal the Monash Crescent property, named Rock Lee, sold for $7.5 million to Robert Benz and Malin Agneta Larsson.Restless river

The long-held family home of actor Julieanne Newbould is listed for auction on October 20 through Tracey Dixon of McGrath Hunters Hill. Named Trelowarren, the handsome four-bedroom Federation residence stands on a 1157-square-metre waterfront block in the tightly held suburb of Henley on the shores of the Parramatta River.

Expected to sell for more than $3.8 million, the property is surrounded by beautiful gardens complete with pool, and has excellent waterfront facilities, including a boat shed and mooring.

It is being sold with DA approval to upgrade the waterfront facilities with a boat cradle and a slipway.

This story Administrator ready to work first appeared on Nanjing Night Net.

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