7 Ashley St, Tamarama, sold for a strong price in post-auction negotiations.
Sydney’s most prolific and renowned tailor, Patrick Johnson, and his interior designer wife, Tamsin, have sold their Tamarama semi for a strong price post-auction.
Ray White TRG principal Gavin Rubinstein and Oliver Lavers had a guide of $5.5m-$6m for the four-bedroom, three-bathroom home with two car spaces and impressive views at 7 Ashley St ahead of last night’s auction.
But it’s sold for well in excess of its base price, which was a strong outcome given the home is attached but no surprise given the expansive views and complete remodel by Tamsin Johnson Interiors.
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The home was renovated by Tamsin Johnson Interiors.
The couple had bought the unrenovated home for $3.85m in 2016.
The uber stylish Tamsin and Patrick Johnson.
With two registered parties and a third waiting in the wings, the property passed in at $5,525,000.
Rubinstein negotiated with all parties up until 10pm without a successful sale, but finally exchanged at 1pm today for “well in excess” of the passed-in figure.
He was tight-lipped on the final result citing a confidentiality agreement, but other sources put the result at a commendable $5.65m.
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McGrath agent Simon Exleton, who made the opening bid of $4.8m on behalf of the purchasers, is now handling the sale of the couple’s Tamarama penthouse.
The Johnsons had bought the unrenovated home for $3.85m in May, 2016 and lodged a DA that November for a new veranda and decking, with a swimming pool and spa.
$5.71M BUYER NAMED
Sotheby’s managing director Michael Pallier with auctioneer Stuart Davies at Saturday’s auction. Picture: David Swift
12 Harkness Street, Woollahra sold for $5.71m. The price guide had been $4.5m.
The buyer of the longtime Woollahra home of Colorbond roof man John Lysaght that sold for a whopping $5.71m on Saturday is Indonesian businessman Jaya Kusuma.
The five-bedroom Victorian residence on a double block (630 sqm) at 12 Harkness Street had been hugely popular, with Sotheby’s managing director Michael Pallier issuing 35 contracts and 11 registering to bid on Saturday. Auctioneer Stuart Davies presided.
The guide had been $4.5m.
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Pallier was keeping mum about the buyer’s identity, but Insider’s contacts spotted a highly visible Kusuma in the crowd.
The man who was doing the bidding was Simon Hanson, the architect who did a renovation of Kusuma’s Victoria Road, Bellevue Hill mansion, purchased for $7m in 2016. He won’t be selling — the Harkness Street home is an investment.
Some speculate that Hanson, who also reworked the Bellevue Hill mansion Rona for Terry Agnew, will design a second residence for the block, as has already occurred across the road.
Lysaght, 91, ran the now BHP subsidiary that makes Colorbond roofs and Zincalume steel in the 1980s.
FRENCH CHARMER
10 East St, Redfern. NSW Real Estate.
10 East St, Redfern. NSW Real Estate.
10 East St, Redfern. NSW Real Estate.
The strong auction results should give confidence to the young French family selling their charming worker’s cottage, tucked in a laneway close by my favourite French eatery, Bistro St Jacques.
The two-bedder at 10 East Street is my pick of those on offer in the increasingly trendy neighbourhood. It’s all style, with spacious updated interiors, a stone kitchen, polished floorboards, full bathroom with tub and a hidden integrated laundry.
And the prospect of spring barbecues in the north-facing backyard will be of appeal to the young professional couples wanting a convenient inner-city home.
With two young kids, the word is this family is bursting at the seams but are apparently not intending to move too far away. They’re on the lookout for something slightly bigger.
Amber Riethmuller and Brigitte Blackman have a $1.3m price guide ahead of a scheduled September 5 auction.
The post Tailor Patrick Johnson and interior designer wife Tamsin sell ‘one-of-a-kind’ Tamarama semi post auction appeared first on realestate.com.au.