Emerald city: Gas entrepreneur Angus Karoll offloads Sydney units

Multi-millionaire Angus Karoll has pocketed almost $11 million from the sale of his peninsula estate.

Multi-millionaire coal-seam gas entrepreneur Angus Karoll has pocketed almost $11 million from the sale of his peninsula estate encompassing three grand Darling Point apartments near Sydney’s landmark heritage houses, Swifts and Carthona. Karoll has since decamped from Darling Point and the buyer, a local, is said to be retaining the apartments known as Prudhoe, built circa 1855, as investments. Ray White Double Bay agents Elliott Placks and Ashley Bierman negotiated the deal over the converted manor house, selling the property before auction, but they declined to comment. Meanwhile, Karoll secured development approval to add a fourth floor to Prudhoe on the northern tip of the Darling Point peninsula through architect Michael Suttor.

Kekatos mansion sold

Mortgagee in possession St George Bank reaped $6.7 million from the sale of a six-bedroom and six-bathroom mansion in New South Head Road, Vaucluse. The sprawling property, which was once owned by the Kekatos family, sold under the hammer. Selling agent Peter Starr, of McGrath, declined to comment. The three-level residence features a swimming pool and views to the Sydney Opera House and Sydney Harbour Bridge. It needs at least $500,000 worth of renovation work and was picked up by a Chinese buyer.

On the waterfront

KPMG partner and management consultant Rod Bryan is selling his Central Coast deep waterfront retreat with price expectations of about $1.2 million Bryan bought the 854sq m Rickard Road, Daleys Point, home for $730,000 in 2010 with ambitious plans to redevelop the site. Ray White Bensville & Empire Bay principal Matthew Kidd said the buyer could use the one-bedroom 1960s fisherman’s cottage as a weekender or knock it down to build a dream home.

Dinnigan on the hunt

International fashion designer Collette Dinnigan says her Milton weekender on the NSW South Coast is still on the market as she continues her search for a small cottage in Paddington, in Sydney’s eastern suburbs, which she plans to use as a city base. Collette and husband Bradley Cocks recently moved to the NSW Southern Highlands.