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Millionaire’s Factory exec buys $10.5m landmark getaway near a billionaire
By Lucy Macken
Macquarie Capital’s executive chairman David Roseman was already a well-documented fan of the South Coast luxury property market, but he has emerged as the most invested this week when he settled on a landmark oceanfront property known as Nerimbah Farm for a record $10.5 million.
The 14 hectare property in Bermagui features a designer six-bedroom residence, cattle yards, gymnasium, artist’s studio and private access to Jaggers Beach, which was developed 20 years ago by local businessman Don Moffatt and his wife Cecilia Ng.
Records show it was sold by Robert Tacheci to a company, of which Roseman is a director and the major share owner.
Roseman’s former holiday home was a Berry getaway, which he sold in 2018 for $4.75 million to legal luminaries Annabelle Bennett, the Chancellor of Bond University, and David Bennett, former Solicitor-General of Australia.
Roseman is ordinarily based in Point Piper, according to corporate and title records, where in 2021 he paid $16.6 million for the waterfront home of JP Morgan’s head of investment banking Paul Uren.
Roseman’s newly acquired retreat ranks among the South Coast’s most expensive holiday homes alongside Glasshouse Rocks oceanfront acreage at Narooma, owned by billionaire Justin Hemmes and the Gerringong oceanfront property sold by Robby Ingham in 2019 for $11.3 million to WiseTech’s Charles Gibbon.
Trading places
China-based trade and investment commissioner Lauren Gilbert and Torq Capital portfolio manager Martin Kronborg have emerged as the recent $17 million buyers of Lavender Bay’s historic Alta Mura mansion.
The sale through Jonathon De Brennan by recently ousted Rugby Australia chairman Hamish McLennan and his wife Lucinda more than doubles the $7.4 million they paid for the residence in 2016 when it was sold by venture capitalist Daniel Petre and his wife Carolyn.
The chairman of REA Group settled on the sale of his former home on Friday simultaneously with his purchase of the Darling Point trophy home of recruitment boss Mark Kerry and his wife Lynda for just shy of $30 million.
Lithium pays off
The lithium mining boom of recent years looks to have done well by Cameron Stanton, judging by his recent Mosman purchase with his wife Geraldine.
The founder of lithium exploration and development company Authium is the recent $14.2 million buyer of the Hopetoun Avenue designer house of Ying Li, which was sold at auction last month by Atlas’s Anthony Godson and Nick Gittoes.
Li, the 20-something son of businessman Li Zhiqiang, had purchased the architect Robert Harrington-designed residence in 2017 for $10.5 million following the sale of his nearby Beauty Point estate for $22.45 million to property developer Bryan Rose.
Li’s former wife Cong Geng had a caveat lodged on title in 2019, but it has since been removed, and replaced more recently by interests linked to the Stantons declaring their recent purchase.
The Stantons are already locals, having purchased on nearby Cyprian Street in 2017 for $5.2 million, and recently scoring approval for a major knock-down rebuild.
Still in Mosman, local trophy home owner Markus Kahlbetzer has bought an apartment for $4.075 million in the newly built Sonnet development.
There was no mortgage needed by the venture capitalist, who owns the historic Mandolong House on Balmoral slopes.
From Balmain to Bronte
ANZ’s head of commodity sales, Luke Collins, and his wife, professional executive Giselle Collins, have bought new designer digs in Bronte for $12.6 million as a trade-up from their recently sold $7.25 million home.
The couple purchased it from Nicki and Jack Kalaf, who undertook a major rebuild of the former 1930s bungalow to a design by Smyth & Smyth and architect Maryanne Taskovski, with interiors by Jillian Dinkel.
Giselle, who sits on the board of ASX-listed companies Cooper Energy, AMP and chairs Hotel Property Investments, and Luke were previously Balmain locals until they sold up in 2021 for $8.8 million.
Mining Fairy Bower
Coal mining magnate Tony Haggarty has listed his luxury apartment on oceanfront reserve at Fairy Bower in Manly.
There is no guide nor comment on the listing by Clarke & Humel’s Michael Clarke, but it is one of three in the triplex, of which the top-floor spread recently sold for more than $10 million, and comes a year after pharmacist Terry Herfort paid $16 million for an apartment up the road.
Haggarty, the former chief of Whitehaven Coal, owns acreage at Cromer, for which he paid $8.27 million in 2010 to the late radio star Doug Mulray.
Highland fling
Edward Clegg, head of equity sales at US outfit Jefferies, and his interior designer wife, Alice Clegg, have made a tree-change to the Southern Highlands, paying $6.5 million for Bonniemead in Mittagong.
The purchase follows Alice’s $11.25 million sale of her long-held Bronte home through The Agency’s Ben Collier after just two weeks on the market with a guide of $10 million.