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William Manning’s $50m in sales includes former Darling Point home of Geoff Dixon

An eastern suburbs agent had a $50m sales spree, which included the former Darling Point home of ex-Qantas boss Geoff Dixon that’s sold for even more than it did a year ago.

1/44 New Beach Rd, Darling Point has sold for more than $16m, sources said.
1/44 New Beach Rd, Darling Point has sold for more than $16m, sources said.

An eastern suburbs agent had a $50m sales spree over the past month, which included the former Darling Point home of ex-Qantas boss Geoff Dixon that’s sold for even more than it did a year ago.

Manning, who recently joined Highland Double Bay Malouf from McGrath, had a revised price guide of $16.5m for the two-level five-bedroom pad with iconic harbour views at 1/44 New Beach Rd.

Although he was silent on the result, other sources said it was above $16m.

Property developer Robert Pagliuso of Trend Living and his interior designer wife, Leify, have only owned the luxury pad for a year, having bought it for $11.15m.

But they have completely gutted it, redesigning the interiors courtesy of Burley Katon Halliday.

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The new owners completely gutted the two-level apartment after buying it for $11.15m last April.
The new owners completely gutted the two-level apartment after buying it for $11.15m last April.
With a sale above $16m, they’ve no doubt paid for their expensive reno.
With a sale above $16m, they’ve no doubt paid for their expensive reno.

There were originally ambitious hopes of up to $20m when the redesigned apartment was first offered to the market on March 30.

But even at $16m+ the couple have more than paid for their expensive reno.

They had decided that the apartment wasn’t big enough for them, since they have two children.

Manning’s other sales include a spectacular eight-bedroom home with uninterrupted ocean views at 42 Gardyne St, Bronte. He couldn’t discuss the price due to a confidentiality agreement, though its rumoured to have sold for more than $20m.

He’d been guiding $22m.

Other significant deals during the month included 5/64 Chaleyer St, Rose Bay; 126 Underwood St, Paddington; and 124 Underwood St, Paddington. The three properties sold for a total of circa $10 million.

42 Gardyne St, Bronte, had a guide of $22m.
42 Gardyne St, Bronte, had a guide of $22m.
It had incredible beach and ocean views.
It had incredible beach and ocean views.

Manning, known as a good negotiator over his career of 25 years, says the prestige market continues to be strong in Sydney’s east.

“Demand for high-end properties is showing no signs of slowing down, despite a softening across the broader market in Sydney,” Manning said.

“Properties that are well presented in prime locations are still sought after and attracting premium prices.”

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Originally published as William Manning’s $50m in sales includes former Darling Point home of Geoff Dixon

Read related topics:Qantas

Original URL: https://www.news.com.au/finance/real-estate/william-mannings-50m-in-sales-includes-former-darling-point-home-of-geoff-dixon/news-story/ff4d82d24256e39501e6cfbabfcec4d0