The Sell: Yachtie Daniel Oatley scores another ‘win’ with Avalon Beach sale
Yachtie Daniel Oatley has sold his Avalon Beach waterfront property for $9.25m to Darien Jagger, the co-founder of boutique investment firm Cygnet Capital.
NSW
Don't miss out on the headlines from NSW. Followed categories will be added to My News.
Yachtie Daniel Oatley has sold his Avalon Beach waterfront property for $9.25m to Darien Jagger, the co-founder of boutique investment firm Cygnet Capital.
The master mariner, who is the grandson of late sailing billionaire winemaker Bob Oatley, had listed his three-level property with a $9.5m guide through LJH agents Jonothan Gosselin and Peter Robinson.
Oatley had bought the Paradise Ave home on its 1080sq m Pittwater holding in 2017 from music industry executive Tim Prescott and his interior designer wife Frances Georgeson for $4.6m.
It comes with a boatshed and jetty that has previously appeared in TV and magazine shoots.
Oatley, who founded the speedboat-maker Castlerock Carbon, has sailed in the Sydney to Hobart four times on board the family’s super maxi Wild Oats XI.
The Oatley family fortune was cemented with the sale of Rosemount Wine to Southcorp in 2001 for around $1.5bn.
They retain Hamilton Island in Queensland’s Whitsunday Islands, which shortly sees its annual yacht race week.
The family also retains the historic northern beaches home Finisterre on Stokes Point, which was bought in 2002 for a $20m record price.
Early last year in a touted tree change, Darien and Katie Jagger sold their resort-style Bronte home for $29.25m.
The six-bedroom home on its 1100sq m Tipper Ave cul-de-sac holding, ranking as one of Bronte’s largest holdings, had been bought at a previous high in 2019 at $16.8m.
They recently bought the 1.94ha Millgate estate at Mittagong in the Southern Highlands, which has views back to Sydney, for $5.8m having initially bought a luxury Burradoo farmhouse on 4.45ha for just under $8m in 2021.
FOOTY STAR SELLING FIELD OF DREAMS — AND A HOUSE
Former dual-code star Berrick Barnes and his wife Bec have listed their Ballina Shire district acreage.
Their Kinvara acreage is listed with $2.5m expectations through Nick Bordin, of McGrath Ballina, with the expressions of interest campaign running until August 21.
Barnes, currently coaching rugby in Japan, plans to downsize with the family to Lennox Head.
Their Ross Lane property has a four-bedroom, three-bathroom house, plus self-contained studio, on its 2.86ha, which is encircled by trees.
The two-storey country-style house has high ceilings, hardwood floors, VJ panelling and French doors. Its spacious family room opens to a large covered entertaining deck next to the pool. The couple bought the property in 2016 for $1.3m.
There is a football field with uprights.
Barnes, whose usual position was fly-half or inside centre, made his NRL debut for Brisbane in 2005 at the age of 18, and after nine NRL appearances for the Broncos, signed with the Queensland Reds to switch codes and play rugby union.
In 2010, Barnes joined the NSW Waratahs.
The Queenslander represented Australia in 51 Tests between 2007 and 2013.
He was very open about the effects of concussions, which went by the term “footballer’s migraine” – something that few players were willing to discuss at the time.
He played for the Panasonic Wild Knights for five years from 2013-18 in the Japanese Top League and then the Ricoh Black Rams.
Barnes retired from rugby in 2020 and his subsequent roles included being signed in 2022 to the NRL Newcastle Knights coaching staff to work with the club’s halves and outside backs.
Barnes travelled from the north coast of NSW every two weeks for the coaching sessions.
He was also on Eddie Jones’s Wallabies coaching team on a part-time basis last year.
HERITAGE LISTING IN WINGS FOR SITE OVERRUN BY ANGELIC SQUATTERS
The former Elsie Women’s Refuge Night Shelter is set to be heritage listed. The Glebe property was the first women’s refuge in Australia, emerging out of the Women’s Liberation Movement in the 1970s.
The NSW Heritage Council recommendation, which marks its 50th anniversary, sits on the desk of the NSW Heritage Minister Penny Sharpe.
In 1974, the only places that women could find temporary shelter were shelters for the homeless – one run by the Salvation Army, the other by the St Vincent de Paul Society – which provided a bed for the night but prevented families residing there during the day. Many women ended up returning to their violent partners.
It was after a Women’s Commission Conference that squatting plans were made based on the Chiswick Women’s Aid shelter in London, the first in the world in 1971. It came after publication of Erin Pizzey’s book Scream Quietly or the Neighbours Will Hear.
Feminist Anne Summers and 14 other women selected the empty cottages after viewing a Four Corners program about the Church of England planning to sell hundreds of slum houses into the federal government’s urban renewal program.
The women smashed a window, broke in, changed the locks and called the media.
Radio veteran John Laws interviewed Summers and had permission to broadcast the phone number of the refuge, leading to its first arrivals. Whitegoods wholesaler Joyce Mayne delivered refrigerators and washing machines. Rotary supplied playground equipment for the children.
In 1975, the refuge received a $24,000 grant from the social security minister Bill Hayden to fund six positions for a 12-month period.
By 1976, there were 11 women’s refuges around the country.
The Elsie refuge has long been relocated, with the cottages rented through the NSW Land and Housing Corporation.
BIG PLANS AHEAD FOR TWO OLDER VENUES
A veteran destination among the inner-east hospitality offerings has hit the market – but with its longevity enshrined with a lengthy tenancy. The Wine Library premises at 18-20 Oxford St, Woollahra, have been listed for the first time since 1980.
Meanwhile, locals are prepping for the Land and Environment Court hearing into the fate of The Village Inn, Paddington.
The owners of the heritage-listed inn – fashion designer Lesleigh Jermanus and her husband, retail veteran Chris Buchanan – are pursuing controversial plans to turn it into a fashion store. Their company, Bowie Ferris Investments, paid $6.22m in 2022 hoping to open the Glenmore Rd premises as a store for her fashion label Alemais, with upstairs as a co-working space.
But the locals, and its wider patronage often coming to Allianz Stadium and the Sydney Cricket Ground, were less keen, with 350 rallying, prompting Woollahra Council to reject the application.
August 15 has been set as the date for the onsite viewing to be held by senior commissioner Susan Dixon.
The Wine Library, with a seating capacity of 79, has been listed by local solicitor and landlord Nick Eddy, who paid $125,000 in 1980. The net annual income is $122,753 with a 5+5+5 year tenancy and 3.5 per cent annual increases, according to CBRE agent Luke Williams.
The former Paddington premises of dining institution Lucio’s, now Civico 47, was passed in at recent auction on a $6.25m vendor bid with a $222,000 net passing annual income.
HEALTH NEWS DELAYS LAND TAX HEARING
The land tax battle over the Point Piper harbourfront property currently occupied by pub owner Jon Adgemis was set for hearing next week in the NSW Civil and Administrative Tribunal – but it has been pushed back.
Jerry Liu, the co-owner being pursued by the NSW Chief Commissioner of State Revenue, has recently received a distressing kidney diagnosis, his barrister Oliver Berkmann advised tribunal senior member Stephen Frost.
Despite the case involving a $1.8m land tax debt involving three years beginning 2018, the commission’s barrister Adam Gerard conceded Liu should be given time for treatment.
The abode, last sold in 2013 for $33.5m, is the striking home that singer Elton John dubbed “the Bang & Olufsen house” given its hi-fi speakers resemblance.
After internal transfers, the title shifted from Jerry Yafu Qiu, head of Chinese textile giant Shandong Ruyi, to his China-based daughter Chenran Qiu and her former husband Jerry Liu, who is claiming an exemption under the six-year land tax provisions.
Details have recently emerged on Adgemis’s house guest arrangement, which is rent-free while forking out for ongoing maintenance. Adgemis shares the abode with his fiancee, model actor Megan MacKenzie.
His hospitality empire secured its refinancing deal this week.
GOT CASH FOR MINI PALACE?
With plans to spend more time in the Southern Highlands, Cash Palace Emporium founder Elaine Townshend has listed her Potts Point apartment for an August 29 auction.
The first-floor, two-bedroom, one-bathroom Carinthia apartment has a $1.25m guide, through Kate Smith of Ray White Double Bay.
The 74sq m Springfield Ave period space retains a number of decorative features.
LOWER HOPES ON HOMESTEAD
The asking price on the restored 1858 Georgian homestead Terragong at Jamberoo has been dropped to $5.95m by the interior designer Darryl Gordon and his partner Simon Milner through Drew Lindsay Sotheby’s International Realty.
Their 165-year-old home had hit the market in March last year with $6.5 million hopes.
The five-bedroom, six-bathroom house was built by John Marks, an Irish immigrant farmer turned Kiama mayor.
PICKING UP A PRIZED DESIGN
A David Langston-Jones designed Alexandria townhouse has been sold for $2.175 million to green buildings devotee Sean Badenhorst through BresicWhitney.
The two-bedroom, one-bathroom 85sq m home was first sold in 2021 by Langston-Jones for $1.790 million.
The duplex, with corrugated cladding, won a 2007 Royal Australian Institute of Architects prize.
Got a property news tip? Email jonathan.chancellor@news.com.au
Dutton demands probe into Sydney terror plot handling
Anthony Albanese is facing calls for a review into how he was left clueless about a foiled plot in Sydney for more than a week as state and federal police investigated.
Shooting for the top: Hudson to take part in Krazy Klimb
A shoutout from his favourite Harlem Globetrotters’ player has given young fan Hudson Nicholas even more reason to shoot for his dream - and possibly an Australian first.