Daryl Shute, Patricia Poulos, Jeff Fenech, Brian Sully, Nicholai Dimitri Popov...more, Robert Bassili, Chris Burke
Sutherland Shire Tudor Revival heritage mansion Coombe Grange in Cronulla listed
Last sold in 2006 at $4.85 million, Coombe Grange, a heritage-listed Tudor Revival-style Cronulla house, has been listed for sale.
The 2,637-square-metre Taloombi Street estate almost commands beachfront prices, albeit with freehold pathway access to Gunnamatta Bay.
It's been listed through McGrath agent Sean Egan for December 15 auction. Around $5.95 million is tipped.
Taloombi Street beachfront prices hit $6.9 million in 2007, with four subsequent sales above $4 million.
The Cronulla house, with Queensland maple timberwork plus diamond-shaped leadlight windows, sandstone fireplaces and ballroom, comes with a tennis court, pavilions and pool.
The house initially hit the headlines in the early 1990s when a mortgagee sale in 1991 secured $970,000 after the catering industry manufacturer Patricia Poulos, founder of the Centre Unity Party, lost the house pursuant to her Commonwealth Bank indebtedness.
The $360,000 debt, with interest, had soared to $1,019,000 during lengthy contest court hearings.
It was last sold in 2006 by the Burke & Shute estate agent Chris Burke who'd had the house leased briefly to $2,000-a-week tenants Robert Bassili and Nicholai Dimitri Popov, who'd ran the ill-fated Radisson Maine property lending group.
The house was designed by architect Spencer Spasfield for Reginald and Florence Snelling who'd operated a Glebe printing business.
The house was completed in stages, including the addition of the ballroom in 1925.
The Mark at Sydney's Central Park
Much has been spoken about the global property market and that our market will ultimately follow a similar fate and I am always at pains to point out not all property is created equal.
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