Oatley family set to list Mosman’s Harry Seidler designed igloo house for $ 20 million
The billionaire Oatley family is renowned among Mosman trophy hunters for owning some of Mosman’s finest real estate, Ros Oatley’s vast waterfront heap on Wyargine Point, and Brother Ian Oatley’s Federation residence in the East on the hill above Spit Bridge.
But in the next few days, Belle Property’s Tim Foote said Ian is set to list his iconic Modernist residence known as the Igloo House, designed by Harry Seidler.
The revolutionary house is officially called Williamson House after lawyer George Williamson, who commissioned it in 1951, and although it was the first house in Australia to use flat slab construction, it was intended for demolition 20 years ago until then Labor Planning Minister Andrew Refshauge stepped in to save it.
A few months later, the son of the late wine baron Bob Oatley purchased the then heritage-listed waterfront home with its distinctive twin vaulted garages for $ 4.2 million, and a month later he purchased added the waterfront block next door for $ 3.5 million.
A few years later, Mosman’s board approved a DA based on Seidler’s design work to restore and expand the house to include an entertainment wing, which was one of his last commissions before his death in 2006.
Mr Foote said work on the DA had started but not finished, allowing the Seidler legacy to be completed by another owner 15 years after the famous architect’s death.
An official price guide has yet to be formalized, but expect to pay around $ 20 million for the waterfront dual property north of Chinamans Beach, which was the listing price in 2011 when ‘it was briefly on sale.
The Oatleys are reputed to have bought the house next door. Oatley’s sister Ros also bought the Mosman waterfront in 2001, paying $ 15.5 million and adding the half-built house next door a decade later for $ 19 million for more garden space.
Extension of the Southern Highlands
Also with the wealthy advertisers, fund manager Will Vicars and his mother Carrie Howard, sister-in-law of former Prime Minister John Howard, added to their holdings in the Southern Highlands, paying $ 5.5 million for Comerton Park.
Glenquarry’s 45 acre property with an 1890s log cabin is next to the Walling and Wallingwood Estate which they bought for $ 6.175 million in 2004 and the $ 6 million Bowral Farm added in 2006.
The family’s latest acquisition through John Renouf of WM Carpenter on behalf of the Gonzalez family brings their local landholding to 240 hectares at a cost of $ 17.6 million.
Former AMA President and former Labor Party star candidate Brian Owler and his partner AMA NSW Leader Fiona Davies have become the $ 10.08 million buyers of the Olympia Trophy home in Warrawee.
The six-bedroom mansion with tennis court and swimming pool on the Pibrac Avenue Dress Circle was listed with a $ 10 million bullish interest by Di Jones’ Tim Fraser, and three strong offers followed when Sydney entered the market. detention all those years ago.
The renowned neurosurgeon, who challenged Liberal MP John Alexander in the 2019 federal election, is from Wahroonga, where he and Davies bought their home in 2015 for $ 3.85 million.
Olympia had done a major renovation before it was sold by former Seven executive Brad Lancken, head of private equity group Liverpool Partners, who bought it in 2019 for $ 4.675 million.
Double down, double up
ClearBridge Investments (formerly RARE Infrastructure) fund manager Charles Hamieh and his wife Amee Patel have generously leveraged their Darling Point home, more than doubling the $ 7.125 million they paid just five years ago .
At the time, this was a duplex located in the upper part of Yarranabbe Road and which had obtained DA approval two years ago to be demolished to make way for a four-level residence designed by X .pace Design Group.
But without lifting a hammer to start work, the couple opted instead to stay at their Annandale home and silently sold the Darling Point property for what sources say was nearly $ 16 million via by Brad Pillinger of Pillinger and Mark Lowe of Ballard. Thanks for coming.
BetaShares co-founder Ilan Israelstam and his partner Louise Romer appear ready to trade their Redfern patio for one of the grand homes on the edge of Centennial Park thanks to their recent $ 8.26 million purchase.
The couple’s purchase offered one of the suburb’s most extraordinary short-term returns on a house when it was sold in May by Jo-Ann De Lorenzo, daughter of the late hairstylist Vincent De Lorenzo.
The De Lorenzo-owned corporation bought the four-bedroom home for $ 6.5 million less than six months earlier for just $ 6.5 million just days ahead of the scheduled auction date, before to be sold by Chris Helich of Raine & Horne Double bay in silence.
Expect to see Romer’s Redfern Terrace hitting the market soon.
Heaven has a price
In Greenwich, the longtime home of the late Middle Harbor Yacht Club Commodore Keith Tierney and his widow Judy is for sale for the first time in over 30 years as it is expected to crush the top of the suburbs.
Sydney to Hobart Yacht Race alumni built the two-story house and swimming pool on a 1,900 square meter plot directly behind the Greenwich Sailing Club in the early 1990s, having purchased it in 1988 for $ 1.565 million .
The top of the suburb has risen to just $ 8.525 million since 2015 thanks to the purchase of the house by Amanda Roche, wife of tech security services boss Thomas Roche.
Tierney had long refused to sell the house in his later years, telling approaching agents to “put a price on Heaven”.
Ultimately, buyers can expect to pay over $ 14 million for Heaven via Harbourline’s Bernadette Hayes and Christie’s Darren Curtis.