Altona, the Point Piper harbourfront, officially listed at $US56.9 million

By Jonathan Chancellor
Wednesday, 12 September 2012

Altona, the prominent Point Piper harbourfront home, has for the first time had its asking price officially revealed at a record-setting $US56.9 million (A$54.5 million).

The home of entreprenuer Deke Miskin and his wife, Eve, has been on and off the market for some two years.

It's now with several agents, including Coldwell Banker, which has the price listed on its website.

In July 2007 a $55 million offer by the shopping centre scion David Lowy and his wife, Margo, for Altona was rejected by the Miskins, who subsequently indicated $60 million would trigger a sale.

The Lowys first inspected the property shortly after the actor Russell Crowe inspected the Wunulla Road property. The latest asking price is almost double the then record price of $28.5 million which was secured when sold by Fiona Handbury in 2002. 

Sydney's priciest sale sits with Villa Veneto, the five-storey Italianate villa sold by recruitment entrepreneur Andrew Banks and his wife, Andrea, in August 2010 for a reported $53 million to dentist David Penn and his wife, Linda.

The LJ Hooker Double Bay agent Bill Malouf, another Altona marketing agent, describes the property as Australia's most iconic residence on his website, but without giving any price indication.

"Altona is a unique private estate with a world class deep waterfront family lifestyle," Malouf says.

"Wrapped in harbour views and northerly sunlight, this magnificent home has Sydney Harbour Bridge as a glorious centre-piece.

"Indisputably one of a kind, the grand Italianate residence was expertly designed by Dods & Zuccon Architects, with luxurious interiors by Andrew Parr of SJB," Malouf notes.

Bill Bridges at Ballard Property Group credits the interiors to Thomas Hamel on his website listing.

It is listed on the McGrath website as price on request through Andrew Livingston and James Agostini.

Altona's name dates from its early 1900s owner, Altona James, the wife of judge Augustus Gus James.

The property has terraces overlooking lawns, a heated pool, private jetty and sauna. It also has a rooftop deck. The price includes a vacant block suitable for a tennis court. 

The US pricing gives it some fluidity as RadicalTerrace noted its price overnight as $US56.2 million.

"How international," the blogger noted.



      Did you like this article? 

      Sign up to the Property Observer Newsletter to receive a daily news wrap-up straight to your inbox AND a free eBook!

      Please enter a valid email address. For example fred@domain.com .


      The Mark at Sydney's Central Park

      Central Park is the $2 billion transformation of a heritage brewery site on Sydney's Broadway into a vibrant mixed-use urban village.

      Designed by architects Johnson Pilton Walker, 'The Mark' is a soaring glass tower of sustainability, advanced building technology and applied imagination - and your opportunity to capitalise on Central Park's success.
      Register your interest now at centralparksydney.com or call 1300 857 057. >>

        The best of everything at Portside Wharf

        Now Selling
        Premium apartments, terrace homes and penthouses. Luxury living in Hamilton’s most prized riverfront address, at the heart of the vibrant Portside Wharf precinct.
        Enjoy amazing views overlooking the city and river, as well as superb private facilities.
        Secure your piece of luxury riverfront living www.pinnacleportside.com.au
          Previous
          Next
          Macquarie's harbourfront-bound Nicholas Moore finally secures Federation Mosman sale Jonathan Chancellor
          Meanwhile, Mike Quigley, boss of the federal government's National Broadband Network, has also sold his Mosman mansion recently at $3,555,000. It represented a loss on the $3.6 million paid in 2007.
          SEARCH SITE
          Calculator sponsor

          Repayments Calculator

          Monthly repayment ($)
          Talk to a home loan expert

          Suburb Data

          Free suburb snapshots for investors

          Powered by

          Property data for Western Australia Property data for Tasmania Property data for Queensland Property data for Northern Territory Property data for South Australia Property data for Victoria Property data for New South Wales Property data for Canberra

          Click on your state for local insight

          Follow us Property Observer on Twitter Property Observer on Facebook Property Observer on LinkedIn Subscribe to Property Observer RSS feeds

          Developer Spotlight

          Property Observer

          Atria Apartments in Hawthorn offers buyers an opportunity to invest in one of Melbourne’s finest suburbs.

          RP Data-Rismark May 24 daily index
           

          Private Media Publications

          Crikey

          loading...

          Smart Company

          loading...

          StartupSmart

          loading...

          Leading Company

          loading...

          Womens Agenda

          loading...