Berthong – Billyard Ave, Elizabeth Bay, NSW
Retired car dealer Laurie Sutton has been revealed as selling a Darling Point mansion for $32m and buying the Elizabeth Bay waterfront trophy home Berthong for even more.
Sutton’s former home is a grand architectural masterpiece of five bedrooms and six glamorous bathrooms and is one of just four homes in exclusive Lindsay Ave, but it wasn’t directly on the waterfront.
But historic Berthong — a historic 1880s villa once owned by Rupert Murdoch and movie star Russell Crowe — has beautiful gardens leading down to the harbour.
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Berthong is right on the waterfront.
What an entrance.
Details emerged in May of Berthong selling earlier in the year, through Ken Jacobs of Christies. At the time, it was thought the deal was close to the asking price of $35m, the highest price for a house for 2020.
It was only when news emerged yesterday that Sutton had sold his Darling Point residence — which records confirm was $32m on March 4, just days after Australia’s first COVID-19 fatality — that sources indicate Sutton was the buyer of Berthong.
Berthong has beautiful gardens.
And amazing views.
The settlement records for 4 Lindsay Ave on August 8 show the buyer to be a Pamela Lee, believed to be the wife of John Borg of Borg Constructions.
The Lindsay Ave home was originally been listed with agent Alison Coopes with a $35m guide more than a year ago, but later withdrawn.
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The Wentworth Courier broke the news of a $30m deal in Bellevue Hill in June, when Shay Lewis Thorp sold to her next door neighbour. That deal was negotiated by Brad Pillinger of Pillinger.
4 Lindsay Ave, Darling Point, has views of the harbour …
… But is landlocked.
Berthong had previously been known as Macleay House and was used as a ladies college until Federation.
In 1936 it was bought by a wealthy music publisher, Frank Albert, who had built the trophy residence Boomerang next door.
The most recent vendor was lawyer Peter Ziegler and his wife Andrea.
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