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Tamarama’s Pavillon House hits market with $11m-$11.5m guide

10 Thompson St, Tamarama, has a price guide of $11m to $11.5m ahead of a September 19 auction.

The Tamarama house that sold in five days for $11.2m and smashed the suburb record last time it sold has hit the market again.

The Walter Barda-designed five-bedroom, four-bathroom Pavilion House at 10 Thompson St with 180-degree views has been the home of Lynette Rex, wife of retired Ramsay Health Care boss Chris Rex, for just three years.

She bought it from the Bronte Surf Club president Basil Scaffidi and wife Catherine, via Phillips Pantzer Donnelley’s Alexander Phillips, who, unsurprisingly, has picked up the listing again.

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10 Thompson St, Tamarama, has incredible ocean views …

… and a swimming pool.

With the Rexs now downsizing, Phillips is quoting an $11m to $11.5m price guide ahead of a September 19 auction.

Apart from its northerly views of the beach, ocean and Mackenzies Bay, the Hamptons-style beach house features include pool, a dream kitchen and glass-enclosed wine cellar.

There’s a four-car garage with lift access to all three levels.

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The Tamarama market has moved on since 2017, with the suburb record now $15.75m after last year’s sale of the Gaerloch Ave home of Annie Conley, daughter of the late aviation pioneer and philanthropist John Conley, selling for $15.75m to Karen Michael, the daughter of the late property mogul David Burger.

Tech duo selling up

Brett Heil and Patrick O’Rourke and the counders of tech company Currious.

Not quite as salubrious but still within a stroll of both Tamarama and Bronte beach is the apartment of Brett Heil and Patrick O’Rourke, founders of creative/tech company Currious.

The well-positioned two-bedroom apartment with lockup garage at 4/21 Illawong Ave, Tamarama is also considerably more affordable with its $1.4m price guide via The Agency’s Mary Howell.

On the northern side of the Art Deco block of just six, the lounge and sunroom get the morning sun. The dine-in kitchen has a large Ilve gas stove and there’s a north-facing entertainer’s deck with barbecue gas outlet.

4/21 Illawong Avenue, Tamarama, has a price guide of $1.4m. It goes to auction next Saturday.

Other highlights are the timber floors and 2.9m high ceilings.

Heil and O’Rourke, whose company is globally recognised for its VIVID projections on the Opera House and opening ceremonies such as the Commonwealth Games, have owned the apartment for 30 years.

Heil bought the apartment for $180,000 in 1990 and met O’Rourke soon after, who bought in. The couple are now planning to move to Western Australia to be closer to Heil’s family.

O’Rourke says one of the things they love about the apartment is how quiet it is. “It’s just 200m from Bondi Road but you can’t hear the traffic there … you can have the window open and you can hear the surf crashing, that’s how quiet it is.”

The apartment goes to auction on August 22.

Starr and Waitsman’s new venture

Alain Waitsman and Peter Starr are co-principals at Belle Property Double Bay.

Veteran agents Alain Waitsman and Peter Starr have teamed up as co-principals of Belle Property Double Bay.

The duo have a combined 60 years of experience, with Waitsman being associate director at LJ Hooker Double Bay for the past nine years and Starr most recently at Raine and Horne Double Bay before a long career at McGrath.

Waitsman said the new business has come at the ideal time. “The property market has a lot of distraction at the moment, but over the past six months we have seen that real estate is still transacting, especially at the top end of town.”

He said that with people spending more time at home during COVID-19, there was a growing appetite to upsize.

Starr said the principals’ experience set them apart from other agents: “We live and

breathe this area and we have both worked locally for 30 years,” Starr said.

“It’s something that our competitors can’t offer.”

They said they were attracted to Belle Property for its premium marketing.

Waitsman said: “Belle Property is high end brand that is very much aligned with the eastern suburbs.”

Belle Property Double Bay is located at 28 – 34 Cross Street, Double Bay.

Rubinstein and Cohen to star in ‘Selling Sydney’

Gavin Rubinstein to star in ‘Selling Sydney’ with buyer’s agent Simon Cohen.

You might have thought the mooted real estate TV show ‘Elite Agents’ was dead in the water given COVID, but apparently not.

The whisper is the contracts are now sitting with some of the stars, which include Ray White TRG principal Gavin Rubinstein and buyer’s agent Simon Cohen.

Now to be known as ‘Selling Sydney’, it seems set to be screened on Amazon, up against Netflix’s Selling Sunset.

Ray White TRG made three deals of $8.5m last week: Cae Thomas (with Ray White Woollahra’s Randall Kemp) sold in Kambala Road, Bellevue Hill; Rubinstein made another $8.5m Bellevue Hill deal and Oliver Lavers had one in Drummoyne.

RX Global boss sells

95 Balfour Rd, Bellevue Hill, sold for $7.25m

The chairman of electronic manufacturer SRX Global Joe Browne and his wife, Alison, has sold for $7.25m. No. 95 Balfour Road, Bellevue Hill had been on the market for nine months, but the deal was done by Ray White Double Bay’s Elliott Placks and Adam Reichman. There’d originally been hopes of $7.4m.

Placks said: “If a buyer wants to present an offer they should as we’re off the peak but stock levels are limited.”

Gazebo record

A new record for a one-bedder at Gazebo.

And the one-bedroom record has been broken at Sid Londish’s Gazebo in Elizabeth Bay. Richardson & Wrench’s Jason Boon has sold a one-bedder there for $1.45m, bettering the previous record of $1.4m set in February.

Boon and Daphne Sauvage of Sotheby’s also recently sold the Darling Point apartment of former Options trader David Waterhouse for $5.4m in five days this week to an offshore buyer.

The post Tamarama’s Pavillon House hits market with $11m-$11.5m guide appeared first on realestate.com.au.