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McLennan and his wife Lucinda listed their Berry retreat Cedarvale last year for $7.45 million, but revised the price downwards recently to $5.9 million as the Shoalhaven median house price slid some 1.8 per cent for the year.
The discounting worked wonders and Ray White’s Neil Campbell has sold it for $5.6 million.
There was more serious price revision to sell the Southern Highlands olive grove Woodlands for medico Susan Conde, the daughter of the late 2UE owner Stewart Lamb.
Savills’ Martin Schiller and DiJones’ Bradley Cocks were asking $10 million to $11 million for the Mittagong property a year ago, and it sold this week after the guide was reduced to $8.5 million.
Yes chef
The Gladesville home of high-profile chef Martin Benn and his partner maitre d’ Vicki Wild hit the market this week ahead of a March 9 auction.
The couple were the star attraction of the three-hatted restaurant Sepia in 2015 when they bought the 1930s bungalow for $2.5 million.
After Sepia closed five years ago, the couple were lured to Melbourne to front the restaurant Society, renting their five-bedroom home with a swimming pool out at the time. But they have long since returned to live in their recently modernised Sydney property.
BresicWhitney’s Nicholas McEvoy has a $3.8 million guide.
Banking on Bellevue Hill
James Carnegie, local chairman of private equity giant Blackstone and his wife Melissa “Missy” Carnegie have bought into Bellevue Hill for $11.07 million.
Carnegie, the son of the late mining legend Sir Roderick Carnegie, a sibling of ANZ’s Maile Carnegie and brother to high-profile venture capitalist Mark Carnegie, is only the second owner of the seven-bedroom residence since it was built in 1962.
Joining Carnegie in the Bellevue Hill housing market is Blackstone’s local asset manager Kimmo Tammela, whose wife Hannah Patterson-Tammela took the keys to a $9.75 million house last week.
Tammela was until recently based in Singapore as head of finance for Asia Pacific, but has relocated here as Blackstone’s managing director of real estate.
Still with Bellevue Hill’s finance set, Bell Potter broker Les Owen and his wife Samantha have set a February 28 auction on their Bellevue Hill home amid talk of a downsize locally.
The four-level house with a swimming pool and views to the city and harbour last traded in 2007 for $6.5 million.
Owen is best known to property watchers for fronting the corporate trust that purchased Potts Point’s historic Bomera mansion in 2019 for $34 million on behalf of British “man of steel” Sanjeev Gupta, although Owen has since been replaced as a director by lawyer Nitij Pal.
McPhee’s Sydney landing
Gold Coast-based logistics magnate Jay McPhee has purchased a bolthole in Potts Point, paying $12.5 million.
The Victorian-era corner terrace sold days before Christmas, and settled recently to the head of McPhee Distribution Services.
Still in Potts Point, a whole-floor apartment in the Alex Popov-designed Grantham building has resold for almost $2 million less than it last traded for 18 months ago.
Narelle and Lionel Brown purchased the second-level spread in 2022 from former Macquarie Bank senior executive Peter Maher and his psychologist wife Louise Fisher for $10 million.
It returned to the market last October with TRG’s Gavin Rubinstein, who elicited an $8.25 million offer from Byron Bay-based art dealer Steve Nasteski, only to then sell it to another buyer for about $8.3 million. Ouch.
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