Point Piper waterfront home of environmental lawyer and lecturer Sarah Cooke could sell for $60m
At last, Sydney has a fresh new Point Piper waterfront listing for spring that’s worth getting excited about — and it’s so special agents say it could fetch as much as $60 million at auction smashing previous records.
It’s a brand new five-bedroom, six-bathroom trophy home with iconic harbour views at 1 Wingadal Pl — right next door to the house Aussie Home Loans boss John Symond turned down $100 million for in 2017.
And it’s just one house away along the waterfront from another Point Piper home that has just sold for more than $40 million — the biggest sale of the year.
Property records on the five-bedroom home on a 740 sqm Wolseley Rd block of retired Morgan Stanley chief and recently appointed Westpac board member Steven Harker show a caveat by Alexandra Jacob, wife of entrepreneur and Hyper Capital investor Gabriel Jakob.
The listing agents on the new Wingadal Pl offering are Raine and Horne’s Alex Lyons and Luke Hogan.
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“The home is one of three in the street and is the only one ever likely to be available for purchase at less than $100 million,” Mr Hogan said.
“We expect to see a considerable amount of interest from overseas for this home, particularly from Hong Kong and Europe.”
The home is set to go to auction on November 23 with Damien Cooley presiding — the same auctioneer to set the current auction record of $23 million in 2009 when Bellevue Hill’s grand Georgian house Le Manoir sold to Lachlan Murdoch.
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This week’s Point Piper listing follows that of restaurant entrepreneur John Szangolies and his wife, Heather, in Vaucluse — which arrived on realestate.com.au last Friday in time for China’s Golden Week celebrations.
Double Bay agent Alison Coopes has a starting price guide of $14 million for the six-bedroom home on a 1220 sqm block at 24 Olphert Ave.
Mr Szangolies sold his Urban Purveyor Group (Bavarian Bier Cafe, Sake Restaurants, Lowenbrau Keller and Ananas Bar & Brasserie) to private equity group Quadrant for close to $200 million in 2015.
Meanwhile. the freshly-listed Point Piper home at 1 Wingadal Pl is the home of Sarah Cooke, the environmental lawyer and lecturer, newly built on the 961 sqm block she bought in 2006, as part of her long-term plans to return to Sydney after many years working and raising a family in London.
The house was built to an original design by James Stockwell and Jonathan Temple, then lecturers at Sydney University’s School of Architecture and co-workers with Peter Stutchbury and Glenn Murcutt.
The design was further developed by award-winning architects Huw Turner and Penny Collins.
The garden design was by landscape architect Craig Burton, and executed by a team from Growability at the Windgap Foundation, a charity for people with intellectual disabilities.
There’s a marble infinity pool and steps down to the absolute waterfrontage where, subject to council approval, there’s space for a private slipway.
Although the offer on Mr Symond’s huge waterfront home — which is on a massive 2675sqm waterfront block at 2 Wingadal Pl — didn’t proceed, there has been another sale exceeding $60 million in the exclusive cul-de-sac.
At 3 Wingadal Pl, the three-level six-bedroom home of luxury car importer Neville Crichton sold for $60.8 million in November, 2016, to Shanghai-based art collector Andy Song and his wife July. In July they won planning permission to convert it to three units.
Built in a Tuscan-style, “Portofino”, on a 1433 sqm block, has Bridge views and a private jetty.
Sarah Cooke’s home isn’t the only $60 million home for sale in the east: A Hong Kong buyer made an offer on “Ganeden”, at 38A Wentworth Rd, Vaucluse.
Owned by lawyer John Landerer, it is being marketed by Sotheby’s.
And last week, the $55 million Vaucluse waterfront of agribusinessman Garrick Hawkins officially hit the market via Christies.
The six-bedroom mansion on a 1700 sqm block in prestigious Coolong Rd was this week’s most viewed property in Sydney’s east.