Nadia Fairfax and fiance Michael Wayne are the new owners of the grand Paddington terrace, Cawdor.
Fashion influencer Nadia Fairfax and her financier fiance Michael Wayne have bought the grand $4.3m Paddington terrace owned by the famous abstract painter Michael Johnson.
The four-bedroom, two-bathroom terrace, Cawdor, in Bent St had been listed with a $4.3 price guide through Benjamin Goodwin of McGrath with co-agent Evan Williams of Ray White TRG.
Ever since it sold a week ago — believed to be for a little over $4 million — the identity of the purchaser has been a mystery.
But sources have confided to the Wentworth Courier exclusively that Fairfax, 30, who announced her engagement on Instagram to Wayne in March, was won over by the 1880s home’s 2.7 metre ceilings.
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Large paintings line the walls.
It’s been owned by the Johnsons since 2012.
It’s set to be the former elite gymnast’s first home purchase — she’s been living at Wayne’s apartment in Elizabeth Bay.
Cawdor has been owned by Johnson and his wife, Margot, since 2012 when they paid $2,235,000.
They’ve since renovated.
With large paintings on most of the walls, the terrace has a bohemian feel, perhaps not surprising since Johnson had lived in New York during the early 1970s.
Fairfax is moving from Elizabeth Bay where she’s been living with Wayne in his apartment.
The modern kitchen is full of light.
On a 162 sqm block, there’s also a studio where Johnson painted one of his most famous works, Oceania, which won the 2014 Wynne Prize for the best landscape painting of Australian scenery.
The home’s features include a French marble fireplace; French doors opening into a modern kitchen and an entertainer’s deck.
The master bedroom has an ornate balcony.
Great outdoors.
Full of charm.
The Johnsons have decided to spend more time at their country property and a Woollahra bolthole.
The sale follows a string of solid Paddington results for Goodwin, including $5,675,000 for 171A Windsor St in March which is the highest in the street this year.
Goodwin is optimistic going into spring. “The market in Paddington has always, and will more than likely always be, the barometer for the eastern suburbs property sector,” he said.
“I feel that with all the goings on with the global economy, some of Sydney’s eastern suburbs — Paddington most notably — is continuing to soar, with many buyers seeing incredible value in bricks and mortar at present.”
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