The Sell: Jonathan Chancellor finds out who’s selling what in the Sydney real estate market
Today show sports presenter Alex Cullen is offloading his Maroubra investment unit as he hunts for a family home and hospitality industry leader Brett Sergeant’s heritage-listed Woollahra home with custom designed wine cellar hits the market.
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The new Channel 9 Today show sports presenter Alex Cullen is offloading his Maroubra investment unit.
Cullen, who’d previously spent nearly a decade as a senior correspondent on Channel 7’s flagship Sunday Night, called the two bedroom apartment his home when it was bought in 2013.
But Cullen and his producer wife Bonnie Campbell, with twins in tow, have been renting as they look to buy together. The couple, who wed in 2017, welcomed twin daughters Audrie and Evie just over a year ago.
Recently Campbell revealed their struggle in buying a property on her Instagram. “Yes everyone, we’ve done it! We’ve scrimped and saved and forfeited enough smashed avocado to buy our very first house in Sydney”, Campbell captioned with a photo facetiously showing Alex and the twins in a children’s playground cubby house.
Cullen paid $602,500 seven years ago for the Maroubra apartment when he was moving from Coogee.
One street back from Maroubra Beach, the second level apartment on the north eastern corner of a 1970s block has two bedrooms and one bathroom.
Ellison Zulian Property agent Josh Ellison gave a $900,000 guide to the 16 buyer group’s at yesterday’s first open.
The median two bedroom Maroubra apartment price sits at $832,500, according to realestate.com.au. It reports based on five years of sales, Maroubra has seen an annual compound growth rate of 3 per cent.
Cullen, who grew up on a cattle farm in northern NSW, completed a journalism degree at Charles Sturt University with his first big break in 2003 when hired at Prime News in Wagga Wagga.
HOSPITALITY EXEC SELLS PRESTIGE WOOLLAHRA HOME
Having been recently commuting back and forth from Melbourne, hospitality industry leader Brett Sergeant and his German wife, Iris Grosse-Kleimann are selling Maroomba, their former Woollahra home.
They’re seeking $8.25 million for the four bedroom heritage-listed home that dates back to the 1890s.
The couple paid $3.4 million in 2014 and have since renovated the home to have 320 sqm of internal living space.
There’s a landscaped garden with outdoor kitchen, and a whole entertaining level with cocktail bar and a custom designed wine cellar and tasting room.
Pillinger Double Bay agent Brad Pillinger has the Nelson Street listing.
Now the chief executive of Chris Morris’s Colonial Leisure Group, whose flagship venue is the Portsea Hotel, Sergeant left Merivale in 2016 after nine years when he was the chief operating officer.
His first job was as a glassie at AHL’s Mitcham Hotel.
Nelson Street’s most recent sale was when recruitment boss Phil Kerry and his wife, Anne-Maree, secured the 1880s Victorian Regency trophy mansion, Larissa for $8.5 million, having sold in Darling Point for $18 million to insurer Richard Enthoven.
CAR DEALER SECURES $7M SALE OF CLOVELLY HOME
The car dealer Steve Nasteski has secured the sale of his home in Clovelly for $7 million.
It sold for just above the $6.5 million price guide offered by Alexander Phillips, of Phillips Pantzer Donnelley.
The Clovelly home was made from four prefab modules designed by architect Pleysier Perkins and transported to the site about a decade ago by Julie and Patrick Eldridge and then featured on Grand Designs Australia in 2012.
It first sold in 2017 for $6 million. Nasteski has made a $12 million sea change with his acquisition of the Wategos beachfront reserve, Whalewatchers from Salmat co-founder Peter Mattock and his wife Pam.
FITZROY FALLS WEEKENDER SELLS FOR $4.25M
Aberdeen, the Fitzroy Falls weekender of Michael Malone, the co-founder of internet service provider giant iiNet, has been sold at $4,525,000.
Malone, who is a director at NBN, paid $4.65 million for the 43 hectare estate in 2014, shortly after retired from the company he set up in 1993.
Malone bought Aberdeen from the Rex Airlines founder Michael Jones and wife Michelle.
The first public price guide after its late 2018 listing by Malone was $5.5 million.
Its most recent guidance was $4.5 million through Belle agents Di Dixon and Victoria Lowe.
The home retains the record price for the Southern Highlands locality where there’s been just another two prestige in the past six year, both at $3 million.
The five bedroom country manor bordering Morton National Park has a home theatre and a billiard room.
It is set amid Paul Bangay gardens which feature a floodlit tennis court.
Originally published as The Sell: Jonathan Chancellor finds out who’s selling what in the Sydney real estate market