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Sir Ron Brierley sells Elizabeth Bay investment apartment of the market

Sir Ron Brierley at the Australian Pharmaceutical Industries Limited AGM in Rosehill, Sydney on Tuesday.

Sir Ron Brierley has sold in Elizabeth Bay.

The now retired corporate raider Sir Ron Brierley has sold an Elizabeth Bay investment apartment off market.

Despite his tight circle, word was out within two days of its settlement that he had secured $4.215m for the 14th floor Encore apartment.

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Supplied Editorial 1401/21 Elizabeth Bay Road Elizabeth Bay, NSW, 2011

A look inside the Elizabeth Bay apartment.

Supplied Editorial 1401/21 Elizabeth Bay Road Elizabeth Bay, NSW, 2011

Stunning views.

Sir Ron bought the two-storey apartment with ­Sylvia Olomany from the retailing entrepreneur Guy Russo for $2,375,000 in 2004.

The three bedroom, two bathroom apartment, in the Sebel Hotel redevelopment, has been sold to Monica Wight.

The north facing apartment comes with electronic blinds.

Supplied Editorial 1401/21 Elizabeth Bay Road Elizabeth Bay, NSW, 2011

One of the three bedrooms.

Brierley retains a Point Piper harbourfront home bought from the late Hestia bra supremo Michael Hershon for $3.65 million in 1987.

He also has a holiday home at Great Mackerel Beach on Sydney’s Pittwater and a marina berth at ­Bobbin Head.

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Top sales: the highest home prices of 2020

Pick of the bunch: No.488 Sandy Bay Road, Sandy Bay. Picture: SUPPLIED

A RIVERSIDE home in Sandy Bay has topped the charts as Tassie’s most expensive residential sale of the year.

No.488 Sandy Bay Rd in Sandy Bay was actually sold in late December but settled a couple of months later at $4.82 million, brining it into the 2020 club.

When it hit the market in summer, this superb property was expected to be one of the sales of the season. It certainly lived up to the prediction. And it is easy to see why.

The five-bedroom home boasts an understated grandeur as it stretches out across three waterside levels from its position on Sandy Bay’s lauded “Golden Mile”.

488 Sandy Bay Rd, Sandy Bay.

488 Sandy Bay Rd, Sandy Bay.

488 Sandy Bay Rd, Sandy Bay.

It has multiple formal and informal living and entertainment spaces — indoors and out — alongside a contemporary kitchen and luxurious bedroom accommodation.

Its master bedroom suite is pure opulence: from the wide views to the Juliet balcony, the abundant space to the five-star resort-style ensuite and wardrobing. And lets not overlook the fun to be found at the front of the home, a private boathouse with a boat ramp out into the Derwent River — perfect for a fisherman.

At a stich under $5 million, the sale is among the state’s largest on record. It is only eclipsed by Sentosa’s $6.5 million sale and an Ellerslie Rd apartment at $5.4 million. The record books also contain a $8.5 million sale but that was multiple houses and blocks.

Beaumaris House

ESI Property’s senior consultant Deb Stephens outside Beaumaris House, Battery Point.

The next best sale of the year so far was one of Tassie’s most significant, historic homes Beaumaris House. The Mercury understands that this epic 16-room three-storey 1870s Battery Point home was sold for $3.575 million.

It is known as the home of Mary Grant Roberts and the original site of the Beaumaris Zoo with links to exotic birds, Tassie devils and Tassie tigers. When the property first hit the market, there was a feeling that its size and stature might lend it to a commercial buyer.

Instead, it was sold to interstate purchasers who have moved to Tasmania and will write the next chapter of this heritage property’s story as their private family home.

64 Napoleon St, Battery Point.

12 Waterloo Crs, Battery Point.

12 Waterloo Crs, Battery Point.

104 Salamanca Pl, Battery Point.

Coming in at No.3 on the list was a Napoleon Street home that sold early in 2020 for $3 million and is a neighbour to Tassie’s top two sales of 2019. Large homes in this waterside address are always popular and No.64 Napoleon was no different with it barely lasting a fortnight on the market before finding its next custodian.

A glance through the current Top 10 sales reveals a southern bias, and two suburbs in particular dominates more than half of the list: Sandy Bay and Battery Point. Prices have been strong in recent years in Sandy Bay’s neighbouring suburb Taroona; it scored to spots in the top sales chart alongside homes in Bellerive on the Eastern Shore and city fringe suburb Mount Stuart.

Hobart’s median house price has been hovering around the $500,000 mark in recent years following the most recent market boom.

However, the plush homes on this list show prices in the top end of town are at least four times the median and often far more.

That is Tattslotto win level money for most people, but hey, it is fun to daydream.

Top end of town, 2020’s biggest sales:

$4.82 million: 488 Sandy Bay Rd, Sandy Bay (Charlotte Peterswald for Property)

$3.575 million: 7-13 Newcastle St, Battery Point (EIS Property)

$3 million: 64 Napoleon St, Battery Point (Charlotte Peterswald for Property)

$2.45 million: 12 Waterloo Crs, Battery Point (Charlotte Peterswald for Property)

$2.3 million: 104 Salamanca Pl, Battery Point (St Andrews Estate Agents)

$2.3 million: 8 Toorak Ave, Mount Stuart (Nest Property)

$2.06 million: 10 Utiekah Dr, Taroona (Knight Frank)

$2.05 million: 2 Sayer Crs, Sandy Bay (PRD Hobart)

$2.016 million: 40 Flinders Esp, Taroona (Knight Frank)

$2 million: 15 Victoria Esp, Bellerive (Fall Real Estate)

Source: realestate.com.au

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Viral North Gosford home in need of major renovation leaves seller ‘in tears’ after selling above guide

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No. 1 Linden St at North Gosford has sold following a successful viral campaign.

A stripped-out house in North Gosford described by the agent as renovated “one punch at a time” sold at auction for $535,000 – a price reported to have left the seller in tears.

The four-bedroom house on Linden Street was in derelict condition because of a renovation that was begun but abandoned. There were holes in the walls and a mould-infestation in the kitchen.

Eleven bidders registered with Gittoes agent Richard Faulkner and Matt Gravas.

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The home has a few holes in the wall.

Mr Faulkner said he never expected the price to pass $500,000. He produced a tongue-in-cheek video for the property where he showed all of the problems. It went viral.

Realestate.com.au confirmed the ad was the most viewed listing on its portal in NSW so far this year, with more than 350,000 page views. The marketing video on YouTube racked up 100,000 views.

The strong result was some $85,000 above the $450,000 guide, which is roughly the same price as a typical apartment in the suburb.

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Bit of rubble to clean up.

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More holes and a nice gap in floor.

Majority of buyers who inspected the property during the campaign expressed interest in undertaking a mini reno as opposed to a knock down rebuild. It was also a hit with first homebuyers looking to get into the market.

Sitting on 689sqm of land near the centre of Gosford, the property has overgrown gardens at the rear, a rusted shed and lots of rubbish tucked underneath the house.

Complete with a bespoke mouldy splashback, the kitchen has been partially renovated with modern appliances. The mouldy theme continues in the bathroom, where mould can be found on the ceiling and in the shower, but at least there is a roll of toilet paper.

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The kitchen has a half completed renovation.

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There is a mould problem in the kitchen.

The main bedroom has an “open plan ensuite” with a missing shower screen and the walk-in wardrobe is missing a door.

The timber deck is slowing falling apart after years of ignoring any upkeep, while some interior floorboards are missing completely.

Mr Gravas said the property fell into disrepair after the long-term owners moved away and left it to their kids.

Additional reporting Aidan Devine

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Retired NRL legend Greg Inglis sells Botany investment property

Rabbitohs v Broncos

Greg Inglis has sold his Botany investment. Phil Hillyard

Retired NRL legend Greg Inglis continues to shuffle his property portfolio, with the sale of an investment property at Botany.

The former South Sydney Rabbitoh secured $911,000 for the two bedroom townhouse. His superannuation fund had bought it for $850,000 in 2015 when it had been a $640 a week rental.

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Souths NRL Training

Inglis also sold a property in Coogee last August. Picture: Brett Costello

Inglis offloaded his former Coogee home for $2,475,000 in August last year. He had bought the Coogee semi after his move from Melbourne at the end of the 2010 season.

He paid $1.1 million for what was then a two-bedroom federation home and then transformed the property into a three-level, four-bedroom home, behind its period facade.

Inglis plans to come out of retirement next year. (AAP Image/Brendon Thorne)

The Kempsey-born star, who ­intends to come out of retirement for Warrington in next year’s UK Super League, appears on the ABC’s Australian Story on Monday addressing his challenges with mental health issues.

The 33-year-old reveals how he was gripped by alcoholism and ­depression whenever he was injured and then after his retirement.

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Hobart: the place to put down roots

Sold on Hobart Cover

Brooke Rogers, 23 of Acton Park loves the Hobart lifestyle. Picture: ZAK SIMMONDS

IF 20-something entrepreneur Brooke Rogers could click her fingers and live anywhere in the world, she would choose Hobart.

And it would be hard to argue the point when she presents her long list of what makes the Apple Isle so attractive. “I grew up in Acton Park and our family has lived — still lives — in the same home since I was one,” she said. “But I also split my time between here and Brisbane so that is a best of both worlds situation. There are things here that you just don’t find in Brisbane, especially living in an inner-city apartment complex.

“At Acton our family owns a five acre property. We’ve got motorbikes, horses and the neighbours are nearby but not too close.

“I like to be active and adore being outside in the fresh air and sunshine.

“I’ve recently started playing golf in quarantine. My aunt and pop play and I thought I’d give it a try. On my first go I hit the green on a par three and I have loved it ever since.”

snow

Friends from Hobart Brooke Rogers and Milly Russell near Lake Dobson at Mount Field. Picture: NIKKI DAVIS-JONES

Brooke, 23, said part of the beauty of Hobart is everything feels like it is only 20 minutes away. And that the lifestyle is more relaxed here compared to life in the big smoke.

“It is fantastic that we have such easy access to beautiful beaches and nature,” she said. “At Acton we have a rural lifestyle but you can be in the city so quickly and then 20 minutes further down the road and you could be heading towards the Huon or a forest — it’s amazing.”

Like many Hobartians Brooke knows the “secret” of the Hobart lifestyle has long since gotten out.

The pre-COVID booming tourism sector is just one example of visitors’ love of the southernmost capital city and Tasmania as a whole.

“It has been very different this year because we are so used to the city coming to life in winter during events like Dark Mofo,” she said.

Sold on Hobart Cover

Brooke Rogers, 23 of Acton Park enjoying Hobart’s waterfront precinct. Picture: ZAK SIMMONDS

When Brooke is not doing pilates, playing golf, making the finals of Miss Universe Australia or working one of her many jobs — an online health and wellness business chief among them — the dream of home ownership occasionally pops up.

She said the thought of it can be “overwhelming”.

“I would not call myself a big saver! The prices have risen so high here that it can seem like it is almost unattainable,” she said. “And I do like having the flexibility to not be tied down and to be able to travel.

“I’d love to be able to visit Europe, Greece and Italy in particular, and just take my time to explore.

“I have friends who have taken the plunge into homeownership and most of them have bought land to build on. I can relate to that. I’d like to be able to personalise my home and make it perfect for my lifestyle.

“Although I spend time in Brisbane, that city feels like somewhere that I go. Whereas Hobart feels like it will always be home. Most of my family is here, I adore the way of life here, and I think when the time comes to build my own home I would not want to do that anywhere but Hobart.”

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This home will have you climbing the walls

If you think lockdown is tough, this Brisbane home will have you climbing the walls – literally – except it’s lots of fun.

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The owners got Smith Architects to overhaul the 1980s house.

The home at 22 Ellesmere Street, Yeronga, sits on a 405sq m block and has three bedrooms, two bathrooms and a double garage. But this is not your average suburban home, with the property having its own in-built adventure.

Agent Jane Elvin of LJ Hooker Annerley-Yeronga listed the property as “one of a kind”.

Smith Architects designed the extension and renovation of the property four years ago, describing it on their site as “adventurous living”.

The climbing wall embraces the owners’ love of mountaineering.

“A client with a love of mountain sports and a growing family formed the foundation for this adventurous transformation and extension,” Smith Architects said of the home.

“The trust the client had in our design process allowed us to experiment with an internal climbing wall and a complete reorientation of the house which closely reflected their priorities.”

“The entry sequence through a series of contrasting enclosed and open space take guests on a unique journey before arriving at the rear private living spaces.”

Ms Elvin said “adventurous this home certainly is” with the climbing wall feature in the family zone.

Concrete floors keep the home low maintenance.

“If a love of climbing is not your style, don’t let that stop you from inspecting as the climbing wall could be removed to create a double height living room that will blend beautifully with the rest of the home.”

But she said “the little kids and big kids can enjoy the climbing wall still feeling connected to the home and outdoor activities”.

Stunning use of wood and glass to bring the outdoors in.

“This wall as mentioned can be removed which will enlarge this room, or you can leave as a feature as it is sure to be a focal point and a larger than life art piece on the wall.”

She said the home would suit young couples, established families and downsizers alike.

“It is certainly something special with or without the climbing wall. Not only a stunning home, but located in a highly sought after, prestige residential street of Yeronga with a North South aspect.”

Yeronga is just 5km from the Brisbane CBD.

Room to run and play at the back too.

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