Property mogul sells $16m Bondi Beach stunner as billionaire buys nearby

Commercial property boss Joshua Berger and his wife, Michelle, have sold their Bondi Beach penthouse for $16.25 million.

Located atop The Bondi, which was developed by Allen Linz and Eduard Litver, the sky-high property has floor-to-ceiling glass framing ocean views from every room.

The penthouse atop “The Bondi” has sold for $16.25 million.Credit:

The three-bedroom, two-bathroom property, under Michelle’s name, was designed by PTW Architects and has access to a personal valet and concierge service.

Joshua is a director and secretary of FiveX, a multi-generational family business of 50 years that invests and leases commercial properties.

The new owner of the sun-soaked property, settlement documents have revealed, is Danielle Elkorr, 41.

Elkorr owns a string of properties, including an $11,125,000 Darling Point waterfront that she bought in 2015 when she was married to Joe Nahas of Coronation Property.

The Bergers, who bought the beachside penthouse in 2016 for $7,575,000 from former Ramsay Healthcare chief Chris Rex, sold it through Steven Chen of The Agency, who declined to comment.

The sale price may have been discounted from its initial asking price of $18 million, but the area is an attractive proposition for buyers.

Just ask billionaire Will Vicars, who runs the hedge fund Caledonia Investments and owns Aussie luxury accessories brand Oroton. He and wife Jane recently added a seventh investment property to his portfolio in the nearby Pacific.

Will Vicars runs Caledonia Investments and is the owner of Oroton.Credit: Edwina Pickles

The latest addition in the Linz and Litver-developed block, for which he clearly has a penchant, set him back just $2.55 million, taking his spend in the building to more than $45 million.

It was also sold through Steven Chen of The Agency, who again declined to comment.

Big Bayview billing

One of the largest estates in Bayview, with sublime Ku-ring-gai Chase National Park views, has come onto the market with a price guide of $18 million.

The rare acreage has a seven-bedroom, four-bathroom house, is north facing on eight acres and comes complete with a tennis court and swimming pool.

This rare acreage is on the market for the first time since the early 1990s.Credit:

Owner Des Walsh, who inherited the home from his parents, said the property felt more like it was set in Byron’s hinterland.

“It’s always been a happy home,” Walsh said. “You wouldn’t think you’re in Sydney. I’ve always described it like Byron Bay. It’s only 40 minutes from the city and 10 minutes to the beach. It’s been a great place to live.”

Hailing from Ireland, the family has always worked together in business, from owning a butcher’s shop to running Forest View nursing home in Chatswood and owning the Rock Lily nightclub in Mona Vale, which they later redeveloped.

Walsh said it was time for another family to enjoy the property.

The tightly held home is being sold through Darren Curtis of Christie’s International Real Estate by way of an “expressions of interest” campaign.

Seaforth investors selling up

Brothers Dan and Sam Kalanderian, who founded the kitchenware retailer Victoria’s Basement, are calling time on their Seaforth investment.

The luxury four-bedroom, three-bathroom house in exclusive Seaforth Bluff has been listed with a price guide of $9.5 million.

This waterfront property in Seaforth has a price guide of $9.5 million.Credit:

The Kalanderians, who own the property under a company of which they are both directors, bought the waterfront, designed by Corben Architects for $8.3 million, in 2022.

It has been rented out to the tune of $3500 a week since June 2022, records show.

It is being sold through Michael Coombs of Atlas Lower North Shore.

In Mosman, Former Elle magazine editor, interior designer and owner of homewares store Manyara Home Deb Coffey and her photographer husband, Ross, have finally found buyers for their Cremorne Point home, which had been on the market since last year.

It was the latest home project for the Coffeys – serial home renovators who have plans to downsize.

The elegant five-bedroom, four-bathroom house, which was redesigned by Villa + Villa, with views of Mosman Bay and direct access to Old Cremorne Wharf, sold around its last price guide of $11.5 million, local sources say. The couple paid $7.15 million for the waterfront house.

It was sold through Michael Coombs of Atlas Lower North Shore, who declined to comment.

Paddington locals sell up

Financial services executive Chris Plater has sold his Paddington pad of more than a decade for about $12.5 million, local sources report.

Plater’s renovation of the grand Victorian terrace in Paddington was impeccable. Credit:

Plater, a director and chief risk officer at Challenger, had renovated the grand Victorian terrace in the suburb’s prized signature street since purchasing it for $4.7 million in 2014 from the Turner family.

The five-bedroom, two-bathroom house spans four levels and has a state-of-the-art marble island kitchen with Gaggenau appliances.

With rear lane access to a secure double car space and a custom wine cellar, the home packs a punch in its compact neighbourhood.

It was sold through Jack Taylor of Ray White The Woollahra Group, who declined to comment.