The Sell: Dina Broadhurst and Max Shepherd sell Darling Point apartment pre-auction
The on-again/off-again listing of the Darling Point apartment co-owned by Dina Broadhurst and ex-partner Max Shepherd kept gossip column readers riveted until its recent sale.
NSW
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Given the couple’s propensity for their Instagrammable lives to be also regularly snapped by the paparazzi, the recent on-again/off-again listing of the Darling Point apartment co-owned by nude artist Dina Broadhurst and her ex-partner, builder Max Shepherd, kept gossip column readers riveted for months until its recent sale.
The price guidance for the Etham Ave garden apartment sat at $11.5m for its abandoned December auction, and by the time of its rescheduled June auction, had dropped to $8.4m.
It apparently fetched $8m in its undisclosed pre-auction negotiations this month.
There has been a continuing backdrop of intricate financing of their renovation project after kicking off with a standard NAB mortgage.
The duplex apartment, with 280sq m of indoor-outdoor living space, had cost $5.2m unrenovated in 2022, which was followed by a “Cinderella transformation” by emerging interior designer, Josh Knight from Glebe.
“No expense was spared to deliver a home of high-end luxury showcasing bespoke design by Studiojos,” its marketing advised.
Though the couple had split by mid-2023 after 4½ years together, NSW Land Registry documents indicate that about April 2024, the duo secured second mortgage funding from Greg Reed’s Benchmark Property Finance.
The extra $500,000 finance was obtained at 24 per cent for nine months to a total 70 per cent loan to value ratio. By last September, it sat at $1.16m with the funding agreement specifying the apartment needed to be listed for sale within five months with a “reputable agent”.
By February this year, the loan expiry date had been extended to August.
It has also emerged that veteran Sydney businessman Basil Sellers had separately lent Shepherd $260,000 in 2022, with the amount owing at $358,000 last month.
Shepherd moved on and stepped out with his Vanderpump Rules star girlfriend Vail Bloom, while Broadhurst remains devoted to her 365,000-strong Instagram following and her risqué self-portraits.
One of her artworks has just been installed in the conference room of Ray White Touma Taylor in Redfern.
APARTMENT PLAYED ITS PART
Actor Belinda McClory has sold her Potts Point investment apartment through local agent Nuri Shik.
Set on the fifth level of the 1920s Wintergarden complex, the 73sq m apartment fetched $1.07 million shortly after being passed in at $1.01 million. It was bought by Panayota Theodore from Panayoyo Studio.
Shik last sold the apartment in 2000 for $230,000, shortly after McClory had appeared in the first Matrix film in 1999.
SWAN FLIES TO KEEP RARE AIR
Former Sydney Swans chairman Peter Weinert has spent $14.8 million to protect his hillside Rose Bay harbour views.
He has bought the stratum air rights above the neighbouring four-storey development of Ron Shulkin’s RNB Property Group, which bought the New South Head Rd cottage site for $16.7 million in 2023.
Under new zoning laws, six storeys are now possible, or even eight with affordable housing.
SONG CHANGES WITH A NEW ERA
The three-bedroom, two-bathroom Elizabeth Bay harbourfront home of the late EMI music executive Ken East and his widow Dolly, who died last August, has fetched $5.475 million.
The 1929 Spanish Mission Beverley Hall complex had traded at $680,000 in 1987.
On his 2007 death, singing legend Elton John described Ken as “one of the greatest record men I have ever met”.
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Originally published as The Sell: Dina Broadhurst and Max Shepherd sell Darling Point apartment pre-auction