Childcare queen chases $60m profit in just five years
Australia’s childcare Queen Alexandra Jakob has put her ‘one of a kind’ mansion up for sale, with hopes of a $100m sale.
Five years after buying a Point Piper waterfront mansion for $40m, a childcare queen has listed it for sale with an ambitious price guide.
The Little Learning childcare chain founder Alexandra Jakob has her three-level five-bedroom, five-bathroom home in Wolseley Rd trophy home for sale with $100m hopes via Monika Tu and Jad Khattar of BlackDiamondz.
“For many years, 50 Wolseley has been one of the few waterfront homes with a coveted gun barrel Harbour Bridge view available on the market,” Tu said.
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“Boasting over 25m of water frontage, a slipway and a boathouse, it also comes with a DA-approved Bruce Stafford modern design that includes an additional level.
“The opportunity to acquire property on such a prestigious street is truly priceless.”
Tu said there’d been only a minor reno done to the house, though the boathouse had been given a makeover and the slipway extended.
When asked if the phone was already running hot, Tu laughed and said: “It only hit the market yesterday, but yes we do have some inspections coming up.”
But no, there won’t be an open home.
The listing comes just days after Melbourne’s wealthy Myer family put their Toorak mansion up for sale with predictions it could fetch $100m.
Only two houses have sold for $100m in Australia, both in Point Piper, the Fairwater estate for exactly that in 2018 and UIG Lodge for $130m in 2022.
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Though Aussie John Symond wants more than $200m for his Point Piper waterfront nearby.
Another Point Piper home, Rockleigh, had $100m hopes when listed in March but sold for between $80m and $85m in May.
Having founded Little Learning in 2006, Jakob sold it for $150m to Bain Capital in 2018.
She created a haircare brand, BondiBoost, which sold to a US private equity fund, Gauge Capital, in 2022.
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Jakob and her former husband, Gabriel Jakob, had plans to build their “forever home” on the site several years back — they’d bought the two neighbouring homes meaning they’d spent close to $100m — but then they got divorced and Alexandra is downsizing instead of expanding.
Among 99 Wolseley’s attractions: a sunken family lounge retreat with wet bar and wine cellar, an office, four ensuites, steam room, indoor spa with views, a heated pool and pool house at the harbour’s edge.
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Originally published as Childcare queen chases $60m profit in just five years
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