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$17.5 million for a garden apartment? Downsizers pay top dollar for designer homes

Broadcast United News Desk
.5 million for a garden apartment? Downsizers pay top dollar for designer homes

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The historic Manar Building attracted big names even before the former Sydney Lord Mayor Lucy Turnbull Born there, e.g. Dame Nellie Melba,scholar Sir Mungo William McCallum and former Prime Minister John “Black Jack” McEwen.

The 296-square-meter penthouse in the Manar Building sold for $13.46 million to artist Judy Garb Weiss.

The 296-square-meter penthouse in the Manar Building sold for $13.46 million to artist Judy Garb Weiss.Credit: field

Soon, Manar will welcome its latest buyers, a Manhattan couple and artists currently living in Woollahra Judy Gabe Weiss With her newlywed husband Sam Weiss.

Judy bought the demolished penthouse for $13.46 million, which was recently renovated by Victoria and Andrew AyersA. Royale & Co household goods distributors.

Altium chairman Sam Weiss has resigned after 17 years in the role.

Altium chairman Sam Weiss has resigned after 17 years in the role.Credit: Louis Davis

The last time this “blank canvas” was sold was in 2009 for $2.25 million to a former lawyer. Russell Keddienow approved by Lawless & Meyerson and MHNDU Architects for a redesign that will add a bathroom and kitchen.

The Weises were well prepared for the acquisition. Sam was the long-time chairman of Altium, an ASX-listed circuit board software company. Sold to Japanese chipmaker Renesas Electronics The valuation in February was over $9 billion.

Still in Potts Point, the architect’s terrace Alexander Michael After two years of put trading, it was finally sold to a child psychiatrist for $9.75 million Felicity Waters and her husband, Adamantem Capital Managing Director Richard Waters.

The Potts Point terrace of Alexander Michael and his late partner Tony White was home to their extraordinary art collection for decades.

The Potts Point terrace of Alexander Michael and his late partner Tony White was home to their extraordinary art collection for decades.Credit: field

The house was originally listed for sale three years ago for $15 million, but it never sold, and in 2022, mother-and-son team Jane and Samuel Schumann of Raine & Horne took over the house for $10 million.

Michael and his late partner, the famous jeweler Tony White He has owned the terrace since 1978, spending $85,000.

Cash Buyers in Hyams Beach

TCI Renewables chairman Jim Cooney has sold his Hyams Beach weekend home for $6 million.

TCI Renewables chairman Jim Cooney has sold his Hyams Beach weekend home for $6 million.

Emily SimpsonFairfax Media family member and former bra entrepreneur buys Hyams Beach retreat of multimillionaire yachtsman and TCI Renewables chairman Jim Cooney.

Records show Simpson paid $6 million in cash for the beachfront home, which represents a nice return for Cooney considering he purchased it in 2020 for $4 million.

Emily Simpson was instrumental in establishing Sydney's first public maze, located in Centennial Park.

Emily Simpson was instrumental in establishing Sydney’s first public maze, located in Centennial Park.Credit: Quentin Jones

The property was listed late last year with an expected sale price of $7 million and is represented by Bill Malouf of Highland Property and local agent Craig McIntosh of The Holidays Collection.

Simpson, granddaughter of media owner Sir Warwick Fairfax and founder of lingerie company Full Bloom, was behind Sydney’s first public maze, which opened in Centennial Park a decade ago.

Simpson’s purchase sets a record for Hyams Beach, surpassing the previous record of $4.8 million set in 2018. Sandy JaneForex Trader’s Wife Tony Collick.

She is still with Jane and recently purchased the Southern Highlands resort of Rangeview in Glenquarry for $5.55 million.

Cabin Point Flip

Sylvia and Lawrence Myers’ Cottage Point weekender last traded four years ago for $4.25 million.

Sylvia and Lawrence Myers’ Cottage Point weekender last traded four years ago for $4.25 million.Credit: field

when James Packer appointment Lawrence Myers Last year, as his new financial guru, Myers and his wife apparently Sylvia There was no time for a weekend getaway at Cottage Point, which prompted the Rose Bay-based couple to put it on the market.

Lawrence Myers, director of corporate consultancy MBP Advisory, was appointed as money manager for James Packer last year.

Lawrence Myers, director of corporate consultancy MBP Advisory, was appointed as money manager for James Packer last year.Credit: LinkedIn

The couple purchased the home for $4.25 million and owned it for just three years.

Sotheby’s Harriet France declined to say whether the property sold for more than its $6 million price guide.

The settlement will reveal whether it can surpass the previous record of $6.8 million for Cottage Point set in 2021 by the Temple & Webster CEO Mark Coulter.

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