Big bucks – 26 Plunkett Rd, Mosman.
Confidence in the lower north shore’s prestige market is well and truly blooming early, topped off by the $20 million-plus sale of a Mosman trophy home, just 72 hours after it came to market.
It’s a new claim to fame for the property, which was reportedly rented by international superstars David and Victoria Beckham when they came to Sydney in 2018 for the Invictus Games.
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The massive sale is one of the biggest for the area this year, and was negotiated by Tim Foote and Stefon Bertram, of Belle Property Mosman.
It was the second time Mr Foote has sold the four-bedroom home on 849sqm at 26 Plunkett Rd, although this time around selling it in three days trumped the 143 days it took in 2016 – a much different market then.
Dive in – 26 Plunkett Rd, Mosman.
The view.
CoreLogic records reveal the property was bought then by the founder of the Only About Children childcare company Brendan McAssey, for $17,349,691.
Mr Foote said he could not reveal how much the property had sold for, but that it was within the guide of $20 million to $22 million.
“I think it is a new record for a non-waterfront property on the Balmoral slopes,” he said.
“The owners are very happy – you don’t wrap a sale like this up in three days if you’re not.”
Contemporary style.
Indoor-outdoor flows effortlessly.
There are multiple living spaces.
The contemporary Popov Bass-designed masterpiece has a direct north aspect and spectacular Balmoral Beach and harbour views.
The main floor features include expansive living and dining areas that open out to the terrace and level lawns that wrap around the wet edge pool,
The Corian poliform kitchen is set up for entertaining on a grand scale, and the downstairs level includes a rumpus with wet bar, gym, media room, and wine cellar.
All of the bedrooms have views, and the main bedroom also as a balcony.
Other features include internal lift, underfloor heating, automated security system, and double garage.
Summer ready.
Pure trophy home.
Mr Foote said he had three serious buyers chasing the home, including two locals and the other a couple from interstate who were looking for a Mosman property.
He is predicting an early – and a big – start to spring on the lower north shore.
In the past six weeks he said he had listed about $250 million worth of properties with average guides of more than $12 million.
Among them is a waterfront Mosman trophy home on Middle Harbour, held by the same owners for decades.
This one is expected to have a guide of $35 to $40 million and is due to hit the market in the next few weeks – unless Mr Foote and Mr Bertram weave their magic in the meantime.
Mr Foote said the Plunkett Rd home had been quietly showed to some buyers before it officially came to market.
But it wasn’t until it hit the open market that the intense bidding began between the three buyers.
“It is a fantastic result,” he said.
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