Millennials Garrett and Stephanie Jandegian buy $27 million Bellevue Hill house

Who knew the designer water business was so lucrative? Certainly, Stephanie and Garrett Jandegian look to be having a good time financially given their purchase of a Bellevue Hill mansion that was recently on offer for $27 million.

Garrett Jandegian, 34, is the co-founder of alkaline water business Aqualove.

Of course, the couple’s rapid antigen test and PPE supplier business Pharma Soul should be doing OK too given the demand for such things of recent years.

Not that the Jandegians weren’t already doing well pre-pandemic: in 2019 Stephanie was Sydney bureau chief of Nine’s A Current Affair, Garrett was feted for co-founding his alkaline water business, and the millennial couple had recently bought a Vaucluse home for $5.8 million.

Stephanie, a dancer on Network Ten’s hit reality show of 2008 So You Think You Can Dance, declined to comment on her property or business interests, saying only that their bread and butter comes from Garrett’s water business.

The Bellevue Hill home of the Kontopos family was quietly on offer for $27 million.

But the 33-year-old shied away from talking about Pharma Soul, of which she is sales director and Garrett is sole director and owner.

Stephanie Jandegian was a contestant on the reality TV hit So You Think You Can Dance in 2008.

Their newly acquired Bellevue Hill home is the 1500-square-metre property with a pool and tennis court that last sold in 2018 by recently retired ASX chief Dominic Stevens for more than $14 million.

Sources say the Kontopos family quietly listed the residence with Highland Property Double Bay’s director David Malouf with $27 million hopes, no doubt based on Malouf’s recent sale across the road for $21.5 million.

Malouf remained tight-lipped on the deal this week, which will leave it to settlement to reveal the Jandegians’ purchase price, likely confirming it as the suburb’s highest sale so far this year.

Woollahra’s hyperinflation

When Bathers’ Pavilion owner Ian Pagent and his wife, Maryanne, bought the Woollahra home of Skye Leckie and the late TV titan, David Leckie, a year ago for $17 million, it was deemed an impressive result by property watchers at the time, given the windfall it offered the charity queen.

The Pagents bought the Woollahra house for $17 million last October and resold recently for $20 million.

After all, the Leckies paid $9 million five years earlier, effectively making a $1.6 million capital gain for each year.

So, what to make of the Pagents’ sale less than a year later for $20 million, with no improvements to speak of?

Certainly, the buyers, rag traders Jonathon and Jill Ind, are cashed up from their own trophy dealings, selling their beachfront home in Double Bay to former garbo Ian Malouf as a home for the kids. Sigh.

The Agency’s Ben Collier was offering no comment, despite negotiating the quick resale on behalf of the Mosman-bound Pagents.

The Pagents have paid $19 million for the Clifton Gardens home of former recruitment boss Katie Adamo and prominent dentist Daniel Adamo, making the Adamos their own handsome capital gain of $4.5 million on their two-year ownership.

The Clifton Gardens home of Brad Orgill is for sale with a $10 million guide.

The Pagents’ arrival at Clifton Gardens is just in time to farewell neighbour and former UBS boss Brad Orgill, who recently purchased a $3.5 million pad at Walsh Bay.

Former UBS boss Brad Orgill is selling in Clifton Gardens for $10 million.Credit: Bryan Charlton

Ray White Mosman’s Geoff Smith has a $10 million guide on Orgill’s home, almost double the $5.275 million he paid for it in 2015.

Orgill will also be spending more time on the South Coast where he bought a Saddleback Mountain property called The Lookout Farm a few years ago for $4.775 million.