The Sell: Mitchell Moses lists duplex site at Gladesville for $3.3m

Parramatta Eels star Mitchell Moses has listed his duplex development site 10km from Sydney CBD. Plus five car spots are for sale in Potts Point. Read all this week’s property news in The Sell.

NRL player Mitchell Moses has listed his duplex development site at Gladesville.

Parramatta Eels NRL star Mitchell Moses is looking to sell his duplex development site in Gladesville.

The halfback is seeking $3.3 million for the 790 sqm corner site off-market through BresicWhitney agent Peter Grayson in conjunction with the Ella Elias Property Group.

There are approved complying development certificate plans by CHD Design Studio for two homes, each with four bedrooms, three bathrooms, two-car garaging, and their own swimming pool. The estimated attached dual occupancy build cost has been estimated at just over $1.14 million.

While trying to sell the Western Cres holding, its current 1940s four-bedroom home has become available as a $1100-a-week tenancy through Nadim Wehbe at Elias Property Group.

No doubt the tenants would need to understand the tenancy terms of having to move on should the site sell to a developer.

Mitchell Moses in action for the Parramatta Eels. Picture: Getty Images

Moses bought the property for $1.8 million in 2020 and leased it initially at $900 a week, having sought $1000. The rent on purchase reflected a 2.6 per cent gross yield.

At the time Gladesville houses typically rented out for $735 a week, reflecting an annual rental yield of 2 per cent, according to realestate.com.au, while now houses typically rent for $900 reflecting a 2.1 per cent rental yield.

The current departing tenant up took occupancy when the asking rental was $900 in April last year.

The Eels playmaker recently completed a Ryde renovation project, which was listed for August auction but is no longer appearing on listing websites.

Mitchell Moses lists his duplex development site at Gladesville.

Moses paid $2.8 million for the four-bedroom, three-bathroom Federation-style home nearly two years ago before making what was described as “high-end renovations.”

Ella Elias and BresicWhitney had given an initial $2.95 million auction guide.

It has been withdrawn “for the time being”, BresicWhitney advised.

Moses, who is engaged to Bri Gardoni, has reportedly snapped up a larger family home in nearby Hunters Hill.

Their baby daughter Aspyn Elle turns one later this month

NOOSA LAND IS A SASSY BUY FOR HEIDI

Sass & Bide co-founder Heidi Middleton and her property developer husband Michael Malouf have bought some oceanfront land on Noosa’s outskirts.

Middleton, who more recently founded Art Club where she sells fashion and art, and Malouf, who developed Brisbane’s popular Fortitude Valley Calile Hotel, have spent $3.2 million.

Its for a stake in a 40.5ha beachfront on Noosa North Shore, around 12km from bustling Hastings St. The holding has 466 metres of beachfront frontage and borders the Great Sandy National Park to the west.

Fashion designer Heidi Middleton has bought some oceanfront land on the outskirts of Noosa. Picture: Justin Lloyd

The mostly vegetated holding comes with freshwater lagoon and rainforest, with birdlife including eagles, hawks, osprey, glossy black cockatoo, king parrots, Brahminy kite, far eastern curlew, and the bar tailed godwit.

There’s a fisherman’s hot spot for flathead, bream, dart and tailor.

Back in the 1940s it was a dairy farm, and then used for mineral sand stockpiling from the 1950s.

The Teewah Beach Rd site, zoned rural residential, was offered last year through local agent Tom Offermann, who marketed it as “an opportunity to acquire a 50 per cent tenants-in-common interest in an irrefutably spectacular beachfront parcel.”

The recently available transfer documents reveal the $3.2 million purchase was a two-sixth stake.

Middleton bought a stake in the holding that has 466 metres of beach frontage.

Malouf, with brother Cal, is planning to open a hotel in 2026 at Noosa Heads on a 2.4ha block on Serenity Close.

Meanwhile, Middleton retains the 1940s Porta Rossa, the Palm Beach house on Sydney’s northern beaches she bought with her ex-husband, Nicholas Plowman for $3.6 million in 2006. The property was transferred solely into Heidi’s name in 2018. Middleton sought to sell in 2020, but failed to find a $12 million buyer.

HIGH-END SALES PITCH A NON-EVENT

Sydney’s priciest listed weekend offering was pulled on auction eve.

It was the second unsuccessful auction campaign for the Tamarama trophy home of international events producer Antony Spanbrook and his partner Chris Yeo.

It came with consistent $21.5 million price guidance.

The dress circle Wolaroi Cres home set on Tamarama Gully Park had previously been passed in on a $21.5 million vendor bid at its delayed 2022 auction.

Both failed campaigns have been through The Agency, which conducted the latest marketing with a conjunctional agency.

This Tamarama property was pulled from auction on the weekend.

The five-bedroom, three-bathroom house designed by Tony Masters was bought by the couple, who have a vegetable farm at Penrose, for $6.8 million in 2011 through Pauline Goodyer.

It was bought from plastic and reconstructive surgeon Robert Drielsma and his wife, anaesthetist Debbie Hong.

The medico couple had bought from Rubicon founder Gordon Fell and his wife Pip, who sold it in 2004 for $6.1 million, a record-breaking pre-auction price through then McGrath agent James Dack.

Spanbrook, who founded Zeal Experiential, and Yeo undertook a renovation costed at $894,000 by Cordell Building.

It was an Artechne-designed renovation that included adding two studies and a new kitchen.

The couple seek what will be Tamarama’s fourth-highest sale, with the suburb record being the recent sale of Lang Syne, a 1920s bungalow on 1100sq m that traded for $45 million to ad man David Droga, a tad less than the $47m-52 million that had been sought.

Realestate.com.au puts the suburb median at $8.6 million.

CAR SPACES SURE TO DRIVE UP INTEREST

Five Potts Point car spaces are to be listed by the estate of the late solicitor, hotelier and car collector Keith Wherry.

They were purchased in 2020 for $740,000 without the need for a registered mortgage, averaging $148,000 each, from investor Sarah Rothwell.

Wherry owned the neighbouring 14-room boutique hotel Simpsons of Potts Point at the time.

Rothwell had bought the Challis Ave spaces as an investment just two months prior for $540,000, averaging $108,000 each.

The spaces have been listed following Wherry’s death while swimming at Mollymook Beach in February last year.

Five Potts Point car spaces are for sale at 10 Challis Avenue.

Wherry had a passion for Bentley and Rolls Royce cars, owning more than 50 since the late 1960s.

It was noted at his memorial service that Keith “never had enough spots for his cars” and that he’d even been taken to court by South Sydney Council over a small extension to a neighbouring property at an earlier garage so one of his cars would fit.

Wherry subsequently sold Simpsons for $12.5 million to Amber Symond, the wife of Aussie Home Loans founder John Symond, so they could be interested in the car spaces, along with other residents and investors.

Wherry, the father of Sarah, Kathryn and Emma left the bulk of his estate to his second wife Marie.

NO BIDS FOR HISTORIC SANDSTONE BUNGALOW

Nelson Lodge, the remarkable Georgian residential gem in Tempe, failed to find its next owner when offered at onsite auction on Saturday. No bids were taken.

“There is just the one registered party with whom we will be negotiating privately,” the auctioneer pre-emptively told the crowd of 75-plus who had been awaiting the kick-off in the backyard of the single-storey colonial Georgian-style bungalow.

Set on a 1373sq m Unwins Bridge Rd holding, the sandstone residence dates back to its construction in 1858 as the home for the publicans at the Lord Nelson in The Rocks, William and Ann Wells.

There were no bids for Tempe’s historic Nelson Lodge.

Nelson Lodge, aka Milford Haven and Leinster Hall, was listed through Day & Hodgson agent Tony Day after the boarding house had undergone some property styling.

“The vendor is happy to meet the market so has asked me not to quote a potential sales price,” Day had advised buyers before the auction.

“There are no comparable sales that have occurred in the area to this particular kind of property.”

It last sold for $1.775m in 2013 when bought by the Haralambides family.

It was built for the Wells family, which had purchased the 10-acre (4ha) holding at auction for £331. Born in Suffolk England in 1796, Wells arrived in 1817 aboard the convict ship Fame after facing charges of highway robbery.

Nelson Lodge has been used as a boarding house.

All its joinery is constructed of Australian cedar and its cast iron columns are identical to those used at Admiralty House.

A permanent conservation order was placed over Nelson Lodge in 1987 and it was listed on the heritage register in 1999.

Tempe is one of the 30 Greater Sydney suburbs identified in PropTrack data where first homebuyers are able to get a foot in the door with its $1.44m median price.

The area became known as Tempe after merchant Alexander Brodie Spark’s 1835 Tempe House construction on the south side of the Cooks River.

AN INTERESTING DEVELOPMENT

The Milsons Point apartment of Wallis Wu, daughter of one of China’s top property developers, fetched $7.56 million at auction on Saturday.

DiJones agent Nigel Mukhi had a $7 -7.7 million guide.

She is the daughter of “Frank” Po Sum Wu, the former billionaire founder of the Hong Kong-listed Central China.

Wu and her mother Lam Li Wu purchased it for $8 million – mortgage free – in 2021.

CHANCE TO HIT THE JACKPOT

Jackson Ainsworth, the grandson of pokie king Len Ainsworth, has listed his Annandale warehouse, which cost $4.18 million in 2019.

The four-bedroom, three-bathroom Nelson St home has been listed with $5 million hopes through Matthew Carvalho of Ray White for a September 30 auction.

Set on 420sq m, the design by Sam Crawford Architects retains its automotive workshop’s industrial past.

GREAT SHOT AT OLYMPIC GOLD

John Parnaby, who has retired after 28 years in the Rural Fire Service, and wife Marian, a retired senior public servant, have listed their Newington home for September 16 auction.

There is a $2 million price guide through Ania Aquino at McGrath Strathfield for the four-bedroom, two-bathroom Ottey Ave house set on 628sq m, the second-largest block in the former Olympic Village.

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Originally published as The Sell: Mitchell Moses lists duplex site at Gladesville for $3.3m