Who can forget the sale of his clifftop home in Dover Heights: purchased for $6.8 million in 2011, it was the shock sale of 2017 when Emdur and his wife Sylvie sold it to their mate, celebrity accountant Anthony Bell after he made an unsolicited offer of $11.5 million that was “too good to refuse”.
More recently Sylvie has been overseeing a major redesign of their Berowra Waters weekender set on the north-facing waterfront at Berowra Creek and purchased in late 2019 for $1.1 million.
Having recently completed a rebuild of the waterfront house with private jetty it is already being quietly offered to buyers by Ray White Prestige’s Noel Nicholson ahead of a forthcoming sales campaign.
Meanwhile, the Emdurs traded in their pad at The Rocks for $4.3 million last year to relocate to a $7.35 million apartment in Darling Point, and are expected to return their Kangaroo Valley getaway, SkyRidge, to the market later this year.
Their Kangaroo Valley property was built from shipping containers and designed by architect Alexander Michael before the Emdurs purchased it in 2020 for $2.15 million. It was listed for $3.5 million last year, but didn’t sell.
Fairfax says sell
The Bellevue Hill apartment owned by a Fairfax family trust, but most recently linked to Charles Fairfax, the youngest son of the late society queen Lady (Mary) Fairfax, has been listed with a $4.5 million guide.
Sotheby’s Michael Pallier has set a June 21 auction for the three-bedroom apartment in the Parc building, which is controlled by the trust’s directors and executors of Lady Fairfax’s estate Bruce Solomon, James Momsen, Peter Done and Lee Thomas.
It last traded in 2005 for $2.35 million when purchased by the Fairfax trust, which is registered to Charles’s former Watsons Bay home.
Charles’s home real estate reshuffle goes back to 2021 when he and his wife Kate purchased a house on Vaucluse’s Coolong Road for just shy of $15 million, but given the extensive renovation required they instead sold it last year to lawyer John Landerer for $18 million.
There is no renovation work required on the Fairfaxes’ new home, a contemporary six-bedroom house that was sold for $22 million late last year by Quofore chief executive Desmond Miller and his wife Barbara.
Fashionable flip
Fashion designer Wayne Cooper and Sarah Marsh have returned their Byron Bay hinterland home to the market almost a year to the day that they settled on it for $5.09 million.
It is perhaps a fitting listing this week given the timing coincides with Australian Fashion Week, arguably the most significant event on the fashion calendar.
The Myocum property with tennis court and swimming pool is returning to the market with a guide of $4.5 million to $5 million with McGrath’s Will Phillips.
Conde to farewell Mittagong
The Mittagong olive grove Woodlands, owned by medico Susan Conde, the daughter of the late, reclusive 2UE owner Stewart Lamb, has been listed for $10 million to $11 million.
The 40-hectare property last traded in 2008 for $4.2 million when sold by booksellers Anne McCormick and Derek McDonnell, and the 1890s homestead restored and renovated by architect Howard Tanner in the years since alongside Conde’s award-winning olive oil Scarlet Grove.
Savills’ Martin Schiller has been appointed to sell it in conjunction with fashion designer Collette Dinnigan’s husband Bradley Cocks, of the DiJones franchise.
The Lamb family were long-time owners of 2UE, buying and selling the station more than once to their great financial benefit. It was first sold to Kerry Packer in 1985 for $20 million as part of their broader media sell-off that included Nine Adelaide, and the station returned to the Lambs for $4 million a few years later only to be sold again in 2001 to Southern Cross Broadcasting for $90 million.
Conde won’t be homeless after the sale of Woodlands. Her Sydney base is the penthouse atop the Renzo Piano-designed Macquarie Apartment building, for which her father set a $6.6 million record in 1999.
Source: The Sydney Morning Herald