Gavin Rubinstein smashing records in Hunters Hill with $11.56m sale
TRG founder Gavin Rubinstein is smashing records in Hunters Hill, with a waterfront selling $1m over reserve at auction.
TRG founder Gavin Rubinstein is smashing records in Hunters Hill, with a waterfront selling $1m over reserve at auction this week.
The Clark family’s longtime home on a 1640sqm absolute waterfront block, with plans for a tennis court, large garage and dual occupancy at 17 Nelson Parade, fetched $11.56m.
There were a dozen registered for the home, listed via Rubinstein and colleague Mel Angelis, with all but one participating in the bidding.
MORE:
Princess Di’s Aussie wedding escape
“It was crazy,” Rubinstein said. “It’s the highest price paid in the street and the fourth street record for us since opening our office just a few months ago.”
The other sales included the Rowell family’s six-bedroom home at 18A Ferdinand St, with colleague Oliver Williams, which fetched $9m last month, up from $6.4m in 2021.
Monday night’s purchasers in Nelson Pde were a family from the south-west, but, not surprisingly since TRG has its HQ in Sydney’s exclusive eastern suburbs, two of the registered parties came from there.
No wonder out-of-area buyers were keen.
The minute you walk in the door, you’re greeted by incredible water views taking in the city skyline to Pulpit Point Reserve and beyond.
North-facing terraces offer outdoor entertainment areas to enjoy the outlook.
Right in front of the bay there’s a solar-heated pool, with large manicured gardens to the rear.
The property is perfect for growing or multi-generational families, with four well-sized bedrooms all with water views.
The buyers are planning a big reno or rebuild.
Originally published as Gavin Rubinstein smashing records in Hunters Hill with $11.56m sale
$30m Toorak mansion of aged care mogul’s son back up for sale
The founder of aged care company Estia Health Peter Arvanitis’ son Stephen is quietly selling a Toorak mansion which last sold for about $30m just one year ago.
Read more
$35m regional Vic hospital housing deal raises eyebrows
A multimillion-dollar hospital housing deal has garnered a lot of attention — but what makes this regional accommodation so valuable, and who really benefits?
Read more
RBA rate cut ‘too little, too late’ for some
The RBA’s first cash rate cut in more than four years is too little, too late for some, with new data revealing almost 40 per cent of borrowers need at least four more cuts to escape financial stress.
Read more