Coco Republic boss Paul Spon-Smith sells luxury Mosman home
Coco Republic boss Paul Spon-Smith and his wife Dale have sold their luxury waterfront reserve home overlooking Sirius Cove in Mosman.
The sale follows their $3.65 million purchase of a home in Palm Beach’s blue ribbon Iluka Rd. CoreLogic reveals the sale was settled in August.
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CoreLogic also reported the sale of the Mosman property, which is in Dale Spon-Smith’s name, but did not reveal a price.
Michael Coombs, of LJ Hooker Avnu confirmed the sale of the couple’s home at 18 Rickard Ave, but said he could not comment on the price or the identity of the new buyer.
However it is believed the home sold at the upper end of its $6 million-$6.6 million guide.
Mr Coombs said the property had attracted a lot of attention, especially from young families and downsizers.
“It’s a great property in a great position,” he said.
“That opportunity doesn’t come up very often.”
The couple have owned the property since 1995, when their bought it for $1.25 million.
Over the years they have extensively renovated to create a luxury home that has retained its 1970s-style architecture and makes the most of its 1200sqm waterfront reserve block, and the spectacular harbour and city skyline views.
Features of the home include two living areas, separate formal and informal dining spaces, open-plan kitchen, wraparound veranda, pool, separate teen retreat or rumpus room, study and double garage.
The property also has direct access to the beach and harbour foreshore walking track.
Given Coco Republic’s reputation as one of Australia’s leading furniture and design brands, and a hugely successful property styling business, it comes as no surprise that the Rickard Ave property was immaculately presented.
“A few people came just to see the house for that reason,” Mr Coombs said.
He said the buyer had negotiated to buy some of the furniture as part of the sale deal.
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