The Sell: Alexandra Jakob’s Point Piper waterfront mansion returns to market with new price
Alexandra Jakob has relisted her Point Piper mansion for an undisclosed sum, months after it hit the market with a $100m price guide.
Haircare entrepreneur and venture capitalist Alexandra Jakob has relisted her Point Piper home. The luxury harbour-front property has returned to the market with a new agency and undisclosed reduced price.
It had been initially listed in September last year through Black Diamondz with a $100m price guide.
Now the five-bedroom, six-bathroom house is offered through Colliers agent Oliver Stillman, with no public price advisory, although realestate.com.au ranks it as Sydney’s third-most expensive prestige listing.
Lawrence Myers, the chief executive of James Packer’s family office Consolidated Press Holdings, has the priciest listing, having sought $90m-plus for his Rose Bay mansion, which was listed in May.
The Seven Shillings Beach, Point Piper, house of the late innerspring mattress pioneer Lionel Warat was listed with $80m-plus hopes in March, so it sits in second spot.
The fourth-placed offering is the nearby $60m-plus beachfront home of surgeon Bill Roney, who played for Eastern Suburbs and Parramatta in the 1950s and ’60s, and his wife, Sara.
The fifth dearest hit the market midweek, with Indulgence magazine publisher Linge Dai pursuing $59m for the Rose Bay harbour-front property he bought for a record $54.6m in February.
Stillman is running an expressions-of-interest campaign, with Robert Klaric engaged by Jakob as her vendor advocate.
She bought the contemporary three-level home for $40m in 2019, with it becoming part of a bigger Wolseley Rd compound. The freestanding residence, with a 533sq m floor area, sits on 833sq m and has a 25m harbour frontage and slipway.
The initial 2024 listing came after she and husband Gabriel Jakob, a Swedish entrepreneur, separated. There was a refinancing earlier this year with private lenders Ipartners Nominees.
Her late-2024 engagement to former professional soccer player and one-time male escort Michael Burn, now co-founder of Jingle Loans, has ensured her continued presence in Sydney Confidential columns.
“I’m downsizing my Sydney property portfolio as I spend more time travelling interstate and overseas,” Jakob said.
Point Piper has seen a sales spurt in recent times, including former Central Coast used-car dealer Tony Denny securing $39.5m for his Wentworth St home from Jinglu Zhang. The hillside home, bought for $19.5m in 2020, had been initially listed with $50m hopes in late 2023 through Black Diamondz.
REBEL RESIDENT LIVING ON BORROWED CHIMES
The dislocation impact of the state government’s strata-renewal legislation has emerged amid plans to redevelop The Chimes complex, at Potts Point.
Anastasia Moesses, a longtime resident, is the lone holdout owner defying the developer, Time & Place, and its financier, James Packer’s NPACT Point Investments.
Mitchell Griffiths, of Rapsey Griffiths, was appointed by the NSW Land and Environment Court as trustee for the $1.4m compulsory acquisition of Moesses’ Macleay St studio apartment in June. He has since begun civil proceedings against her in the Supreme Court.
NSW’s only previous compulsory strata transfer by trustee was for short-term accommodation premises in Haymarket.
Moesses, who paid $44,000 for her apartment in 1982 and had been offered as much as $1.6m, has never agreed to the dislodgement deal. It is part of a renewal scheme that began in 2020, aiming to acquire all 80 studios and 27 car spaces in the 1964 brutalist block.
With the buy-up costing $100m-plus, the developers are seeking a 13-storey mixed-use project, with generous affordable housing and design excellence incentives.
The Sell, which has long maintained a neighbourly eye over unfolding developments, foreshadowed – after Justice Sarah Pritchard’s ex parte ruling – that the matter could end in an unseemly eviction, presumably after any redevelopment proposal gets through NSW Planning’s development process.
Moesses has now made two emotional public submissions.
“I reside in The Chimes, the building the Time & Place developers wish to destroy,” the mortgage-free owner occupier wrote.
“These people continue badgering me to vacate my home of over 40 years because, according to them, I’m no longer the proprietor of my own home. They are kicking me out on the streets as homeless.
“Their efforts to destroy me are pitiable and pathetic. The reason for which they want to destroy me is because I refused to sell under their dictatorial rules.
“At different times, their price changed dramatically, up and down, which made me suspicious.”
Moesses noted many objected to the project, “especially the tenants”.
Of the 198 submissions to NSW Planning, only four are in support. Submissions have come from neighbourhood activist and former prime minister Paul Keating, who got caught up in the compulsory acquisitions, selling his own Chimes parking spot in 2023 for $315,000.
“I respectfully submit that the concept proposal be refused,” he wrote.
“It is my view that the proposal lacks clear justification for the negative environmental and social impacts it would likely cause in one of Sydney’s most housing-stressed neighbourhoods.”
Keating suggested the proposal “perversely” sought to exploit the available height and floor space affordable-housing bonuses while “drastically reducing the affordability of 85 per cent of the apartments on the site”.
“Using the Housing SEPP uplift to deliver fewer, larger and more expensive luxury apartments while displacing a large existing cohort of lower-income residents undermines the intent of the Housing SEPP and the NSW government’s broader affordability strategy,” he noted.
VROOMS WITH A VIEW: SUPERCAR TEAM OWNER’S BEACHFRONT BUY
Betty Klimenko, the owner of the Erebus Motorsport team in the Supercars championship, has bought a NSW South Coast oceanfront weekender at Culburra Beach, costing $3.95m.
The two-level house, set on a 1016sq m east-facing parcel fronting Warrain Beach, sold through Joelene Paterson Property in conjunction with Sotheby’s International.
The five-bedroom, three-bathroom house ranks as the seventh-priciest sale in the town, 18km southeast of Nowra.
Its upper floor has an open-plan kitchen and dining area, which extends out to dual balconies that lead down to the ground-floor terrace and pool.
The lower level has a bar, living room and gym, plus bedrooms and a two-car garage. Until now, it has been a “top-performing Airbnb”.
The property last sold for $956,500 in 2010, with a 2017 renovation costing $462,000.
Culburra Beach’s most expensive sale was a $5.85m four-bedroom, two-bathroom home on 809sq m overlooking Tilbury Cove on Penguins Head Rd, in 2021, which sold through Kellie Sprowles at Culburra First National.
After 74 sales in the past year, PropTrack put the median house price at $974,500 – up 1 per cent annually but still down on the $1,112,500 peak in mid-2022.
With Klimenko’s rookie driving team leading the Bathurst 1000 with just five laps remaining, Erebus finished fourth in last Sunday’s big race, having won in 2024.
“Heartbreaking, to be honest, but I’ve pretty much got over it this quickly,” driver Cooper Murray told Speedcafe in the Erebus garage on Sunday evening.
“Betty told me to get over it, toughen up, princess, and move on.”
Klimenko later told V8Sleuth that “people know what we’ve got”.
“We’ve cemented our place,” she said. “So, from now on, Bathurst won’t be for us to win, it will be for the rest of the field to stop us.”
SALE ADDS FURNISHING TOUCH FOR GYNGELL
Ann Gyngell, one of Sydney’s most acclaimed decorators, has sold her longtime compact Paddington home for $3.02m at a weekend auction.
The ex-wife of late international television executive Bruce Gyngell bought the Prospect St cottage for $330,000 in 1995. The delicate, colourful freestanding home, on 120sq m with a 6m street frontage, has one bedroom and two bathrooms.
Marketed as “steeped in character” under skylights and generous voids, The Agency’s Ben Collier had a $2.8m guide.
Auctioneer Jake Moore took 33 bids above its $2.9m reserve.
Ann Barr and Bruce Gyngell married in 1957 and had three children – Briony, an interior designer, chef Skye, and David, who followed in his father’s footsteps as chief of the Nine Network. Bruce, who remarried in 1986, died in 2000.
Ann’s jewelled interiors were credited as “defining Sydney” after her start in the 1960s, Vogue Living once noted. She had trained at Woollahra Art School during the 1950s and then studied interior design at the Inchbald School of Design, in London, in the 1970s.
Before establishing her own practice in 1983, Gyngell worked at Mary White Interiors; Dykes, Johnston & Hodge Architects; and with Marion Hall Best. Her clients included the Packer family.
Vogue noted her pursuit of “the happiness that colour can bring”.
Gyngell told News Corp in 1987 that she disliked taffetas, satins, velvets and leather, preferring Thai silks, Indian ikats and canvas.
ROOSTERS STAR DELAYS SALE OF APARTMENT
Sydney Rooster Angus Crichton rescheduled the weekend auction of his Paddington apartment until November 1.
The two-bedroom apartment located within the Whites warehouse conversion has two levels with a courtyard.
It has a $1.8m public price guide from Kane Dunkley and Catherine Dixon of BresicWhitney.
Crichton bought the 91sq m Glenmore Rd apartment for $1.68m in 2021, some two years into his time with the Roosters after making the switch from the South Sydney Rabbitohs.
Crichton recently sold his three bedroom Rose Bay investment property for $3,135,000, having paid $2.18m in 2018 when it became a $1250 a week rental. It was last available for rent in 2024 at $1650, and its recent investor buyer has sought $1790 a week for the Onslow St brick semi.
Crichton wed Chloe Esegbona mid-season, and they are reportedly intent on buying a family home.
Crichton’S contract at the Roosters finishes at the end of 2026.
Crichton could then possibly undertake a cross-code switch, according to Code Sports.
The premiership winner came close to joining the Western Force when he was off contract with the Roosters in 2024, but instead inked a two-year extension reportedly worth $1.6m.
BUYER MEETS WATERLOO
Wellness entrepreneur Rachael Finch and her husband Michael Miziner have sold their three bedroom, three bathroom Waterloo penthouse.
It sold auction eve ahead of its scheduled weekend auction.
The buyers’ guide started at $3.2m, which by last weekend sat at $2.9m, before the BresicWhitney agency dropped any public price guidance.
The Archibald Ave, Divercity penthouse was bought off-the-plan in 2014 for $1.65m.
HOUSE PARTY FOR FORMER DJ
Former DJ Annie Conley and her sommelier husband, James Hird have sold Eze House at Vaucluse for a rumoured $27m.
The ultra-contemporary Parsley Rd residence was listed in February through Double Bay agents Ashley Bierman and Michael Pallier.
It had been bought in 2020 for $12.8m from Irish artist David Egan and his wife, Eleni.
Conley recently listed a $20m Darling Point investment apartment complex.
PIZZA BOSS FLIPS HOLIDAY HOME
Domino’s director Grant Bourke and wife Sandra have listed their Seal Rocks holiday home.
The north-facing beachfront reserve property, on Kinka Rd, has $6.5m guidance through Matt Healey of Pacific Palms Real Estate.
The four-bedroom, three-bathroom three-level residence has a rooftop terrace.
The couple intend taking breaks at Crescent Head, another mid-North Coast spot.
Got a property news tip? Email jonathan.chancellor@news.com.au
