Colourful former solicitor Morgan Ryan’s $33m home to test north shore record
The lower north shore house record looks set to be rewritten, with controversial former solicitor Morgan Ryan and his wife, Cornucopia Committee president Dorothy, listing their Kurraba Point property.
Owned by the Ryan family for 60 years, the Baden Rd home is on the market with a whopping $33 million price guide.
This would smash the current lower north shore record which stands at $25 million, after Sydney Swans chairman Andrew Pridham snapped up a home on Mosman’s Golden Mile last year.
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Mr Ryan is most known for being at the centre of a 1980s scandal that saw Lionel Murphy, former Attorney-General in the Whitlam Government turned Justice of the High Court, charged with attempting to pervert the course of justice.
Mr Murphy had allegedly attempted to influence a court case against Mr Ryan, whom he referred to as “my little mate”. The incident came about after Mr Ryan was facing charges of forging documents and conspiracy over an alleged immigration racket.
The four-storey, five-bedroom home now on the market is the mastermind of architect Andre Porebski, and has postcard views over the Harbour Bridge, Opera House and city skyline.
It is the most expensive home to come up for sale this year in what has been a quiet 2019 for the local prestige market, with only two reported $10 million plus sales and a handful of trophy homes hitting the market.
It also follows next door neighbour and former Woolworths executive Bill Wavish and his wife Vonnie listing their home in August with a $35 million guide, which has been revised to $30 million. Records show the Ryans owned that home until 2000.
Raine & Horne — Double Bay associate director Ann Ramsay Arkins and agent Luke Hogan have been enlisted to sell the property via private treaty.
Ms Ramsay Arkins said the home offered some of the best views money can buy on the lower north shore.
“It is not every day these views on Kurraba Point come up for the sale,” she said.
“This one sticks out more compared to other homes on the peninsula, which allows you to get full sun and better views.”
Described in the listing ad as being “set in one of Australia’s most privileged harbourside addresses”, the home has a vast layout of formal and informal spaces.
It has a private jetty, plus a waterfront pool and spa with a poolside cabana. There is also a self-contained apartment, sauna, under house storage and a number of outdoor terraces.
Ms Ramsay Arkins said early interest is coming from local buyers and expats after a prestige family home.
“The market is starting to pick up and the phones are really starting to ring now,” she said.
Mrs Ryan has an OAM and has been the president of the Cornucopia Committee since 2001. The charity is dedicated to the prevention of child abuse.
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