Developer Greg Shand buys $15 million Palm Beach getaway

The colonial-style Warrawee mansion was sold by Sally and Peter Constable for $16.3 million.

The colonial-style Warrawee mansion was sold by Sally and Peter Constable for $16.3 million.Credit:

The nearly 4,500-square-foot colonial-style mansion was quietly sold by Peter Constable, Ryder Capital’s executive chairman and chief investment officer, and his wife Sally. DiJones’ Tim Fraser was pinned for sale earlier this year.

Peter Constable is Executive Chairman and Chief Investment Officer of investment manager Ryder Capital.

Peter Constable is Executive Chairman and Chief Investment Officer of investment manager Ryder Capital.Credit:

Friday’s settlement revealed the Manns’ purchase of the five-bedroom mansion, tennis court and swimming pool, beating the suburb’s $15 million high in 2020 when the Bremon estate was owned by the family of Wilson “Shoe King” Xue was sold to Xue Han, wife of Beijing oil and gas magnate Shifeng Li, for US$15 million.

The Manns are already residents of the Upper North Shore, having owned Wahroonga since 2006, well before Histopath became a key part of the State Government’s COVID-19 testing programme, with around 50 clinics across NSW.

The constables appear to be heading to Whale Beach, where they bought a $10.25 million beachfront home in late 2020 and planned to renovate it last year.

Queens Park’s new high

Orthopedic surgeon Buddhika Balalla and his partner Sarah Kavanagh, who still hold our medical fraternity’s suburban records, peaked at $8.7 million in Queens Park.

Designed by Tribe Studio Architects, the residence sold for approximately $8.7 million.

Designed by Tribe Studio Architects, the residence sold for approximately $8.7 million.Credit:domain

Property records show The Agency’s Ben Collier had an $8 million guide for the contemporary residence, designed by architect Hannah Tribe of Tribe Studio Architects, before it sold in less than two weeks.

In Waverley, neurosurgeon Mark Winder and his wife Emma Cowan have also commissioned a striking designer house that has topped the suburb’s sales results.

McGrath’s Luke Hogan and Fraser Turvey had a guide of $11.9 million — well above the suburb’s previous peak of $8.2 million — and recently sold it for nearly that level.

The Waverley residence had an indicative value of $11.9 million and sold for almost that.

The Waverley residence had an indicative value of $11.9 million and sold for almost that.Credit:

Vascular surgeon Arthur Stanton didn’t set a Manly high, but he wasn’t far off when he outbid eight other buyers to pay $21.5 million for a home behind the Manly Life Saving Club in October.

The sale ended more than 40 years of ownership by the Landau family.

Wagga investors score Mosman landmarks

The distinctive Spanish Mission-style home in Mosman, once owned by the family of Australian writer Madeleine St John, has been sold to real estate investors Rob and Loretta Rorrison of Wagga Wagga for $10.075 million.

Vino del Mar is the 1930s Clifton Gardens residence designed by architect Alan Stafford for Wrigley’s boss George Ekblade and owned by Liberal politician Ted St John in 1960.

Vino Del Mar is a 1930's Spanish mission house in Mosman that was once owned by the family of author Madeleine St John.

Vino Del Mar is a 1930’s Spanish mission house in Mosman that was once owned by the family of author Madeleine St John.Credit:domain

The Rorrison purchase follows the sale of the Homebase retail center in East Wagga in 2020 for $46 million through corporate investments by the Rorrison family and former Wagga co-owner Darryl Kelly of the Gold Coast Titans.

The Wagga commercial property was purchased by a company owned by 1980s real estate magnate Garry Carter, whose corporate high-flyer lifestyle ended in 1995 when he was sentenced to four years in prison in 1995 after pleading guilty to three counts, improperly using his position as director to gain an advantage for himself and affiliated companies.

The Rorrisons have already put their Federation home up for sale around the corner.

Trade Byron for the Hunter

Fiona Toltz Gower, daughter of the late stockbroker Michael Toltz, and her husband Joren Gower have found a new home following their recent record-breaking sale of their North Shore home for $26 million to Clare Mulham, daughter of billionaire Imelda Roche.

The Byron Bay hinterland property sold by Fiona Toltz Gower and Joren Gower.

The Byron Bay hinterland property sold by Fiona Toltz Gower and Joren Gower.Credit:domain

Loading

The former Suffolk Park couple are en route to the Hunter Valley, where Cain Beckett of Jurd sold them a 24-acre estate in Pokolbin known as Glen Oak, which has yielded fruit to names such as Lindeman’s Wines and Tyrrell’s for three generations of the Stevens family Wines produced.

https://www.smh.com.au/property/news/summer-holiday-sorted-developer-buys-15-million-palm-beach-getaway-20221216-p5c6wg.html?ref=rss&utm_medium=rss&utm_source=rss_property Developer Greg Shand buys $15 million Palm Beach getaway

Brian Lowry

InternetCloning is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – admin@internetcloning.com. The content will be deleted within 24 hours.

Related Articles

Back to top button