Optus director Nick Sone bought this Dover Heights mansion for more than $4.8m, sources say.
The State Director of Optus, Nick Sone, has snapped up a home in Dover Heights for more than $4.8m, sources say.
It’s the grand four-bedroom, three-bathroom home on a 676sq m block at 151 Dover Rd, owned by downsizing couple George and Anita Fisher, who paid $960,000 in 1989.
The deal was done by Biller Property principal Paul Biller on July 9, a day after the Wentworth Courier wrote an online story about Biller, and colleague Sunny Sun, clocking up $20m worth of sales in a week.
Biller was tight-lipped about the identity of the purchaser.
It’s understood Sone’s five-bedroom semi at 26 Avoca St, Bondi — bought for $1.15m in 2009 — is set to soon hit the market with Phillips Pantzer Donnelley’s Alexander Phillips.
Patience pays off
49 New Beach Rd, Darling Point, sold for well in excess of its $6.5m guide.
Some sales during COVID-19 are taking some time, but patience has finally paid off for the family of the late Bella Read, a former Miss Trinidad and Tobago Carvival Queen.
The April 15 auction of the six-bedroom, three-bathroom terrace with tandem garage parking for two cars at 49 New Beach Rd, Darling Point — via Daphne Sauvage and Michael Pallier of Sotheby’s, with Danny Doff of Laing and Simmons — had to be called off because of the government ban on public auctions. But the good news is that the property, with views of the harbour, bridge and city skyline, sold on Friday night ahead of the second scheduled auction — set for August 19 — and for well in excess of its $6.5m guide.
“We had a lot of interest in this one, particularly from offshore and especially Hong Kong,” says Sauvage.
“But in the end, it was a Darling Point local who got it.”
She admits COVID-19 had an impact because those offshore buyers couldn’t come and look at it.
“The minute we changed it to auction, it stimulated activity to such a point that there was competitive interest and we got an offer good enough to stop the process and we could sell it.”
Here’s a top reno
The renovation of architect Greg Crone’s home at 55A Carlotta Rd, Double Bay is only just finished.
There can be no safer bet than buying an architect’s own home — especially when the individual involved is the highly respected Crone Architects chief executive, Greg Crone.
He and his wife, Kate, are downsizing so their beautiful Double Bay property at 55A Carlotta Rd, is up for August 20 auction with a $7.25m price guide via Ray White Double Bay’s Richard Faludi and principal Elliott Placks.
And Crone, whose company’s recent projects, in conjunction with Tzannes, have included the upcoming 104-apartment Opera Residences at Circular Quay, has just completed a renovation of his own five-bedroom, five-bathroom Carlotta Rd residence with double garage and pool.
Said Faludi: “The buyer can be sure there’s not a cent to spend because the house has been renovated to the highest possible standard and he’s literally only just finished it.”
He added the response to the property appearing on realestate.com.au was “unbelievable”. “It went online on Thursday afternoon and within a 24-hour period we had over 50 email inquiries,” Faludi said.
Snappy purchase
One of the beautiful bathrooms at 51/74 Reservoir St, Surry Hills.
Also in buying mode was the founder of luxury lingerie and sex toy company Honey Birdette, Eloise Monaghan, and her wife Natalie, who snapped up a “penthouse oasis” before the first open home.
The couple, who only recently got married, are understood to have fallen in love with the three-bedroom, two-bathroom apartment at 51/74 Reservoir St, Surry Hills.
They paid $3,025,0000.
Oxford Real Estate’s Matt Marano had been guiding $2.6m.
“I just listed it and they said ‘we’ll buy it,” Marano told Insider.
“They were about to buy something else.”
Vaucluse stunner
31 Olola Ave, Vaucluse, has a guide of $6m ahead of an August 22 auction.
The incredible Vaucluse home of music industry entrepreneur Pete Lusty — who passed away in March after a battle with cancer — has hit the market with a $6m guide.
Lusty, who was the co-founder of the independent music company Ivy League Records and management company Winterman & Goldstein, guided rock bands such as The Vines, Jet and Empire of the Sun.
Property records show he and his wife, Georgia Day, bought the five-bedroom, four-bathroom Olola House at 31 Olola Ave on a 1168sq m block — opposite Vaucluse House — for $4.45m in 2015.
It’s now listed with Sotheby’s International managing director, Michael Pallier — who sold them the house — for August 22 auction.
And finally …
The home of Chadwicks model Jennifer White at 356 Edgecliff Road, Woollahra, was the top sale in the country at the weekend.
In other general news, the Woollahra home of Chadwicks model and White Co director Jennifer White sold for $8.1m at auction — the highest auction price in the country — on Saturday through The Agency’s Ben Collier; the buyer of Fred Bart’s Bellevue Hill mansion sold for “well over” $21m via LJ Hooker Double Bay’s Bill Malouf was revealed as property developer Willi Phillips.
And White City coach Steve Loeffler — who appeared in the Wentworth Courier last week — sold for $2.36m on Saturday via Ray White Unlimited’s Ron Bauer. The guide had been $2.3m.
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