Billionaire Blair Parry-Okeden buys a Burradoo cottage, and adds a $10,136 disused road to her Scone farm: Title Tattle

By Jonathan Chancellor
Friday, 09 March 2012

The latest Forbes billionaires' rich list trumpeted Gina Rinehart as Australia's richest person, ranked the 29th richest in the world with a $US18 billion ($A17.1 billion) wealth. But sitting without attention in 157th place with an estimated $US6.2 billion wealth was the Scone farmer Blair Parry-Okeden. Despite her American citizenship she’s still buying property Down Under – her most recent acquisition was a $575,000 cottage in Burradoo in the NSW Southern Highlands. The purchase comes up on official LTO records, which trace back to its auction through Century 21 Mittagong. Like the Rineharts, who have a Mosman holding, Parry-Okeden also keeps a Mosman bolthole, which cost $750,000 in 1991.

In the billionaire stakes she actually ranks ahead of James Packer, Andrew Forrest and Frank Lowy, although the newcomer to list Ivan Glasenberg sits higher in 125th place. Since the death of her mother, Barbara Cox Anthony, Parry-Okeden and her brother, James Cox Kennedy, shared an inheritance derived from media conglomerate Cox Enterprises, which owns dozens of daily newspapers, radio stations and television stations across the United States.

Since the early 1970s Anthony amassed an impressive portfolio of pastoral land holdings in NSW. Title Tattle seems to recall that Winderadeen was her first Australian purchase in 1971 for $110,000. It is now a quarterhorse stud just north of Canberra at Collector. In 1994 she doubled the size of her Wagga Wagga district holdings with a $4.6 million 4,500-hectare Borambola Park purchase. One of her last acquisitions was Oura station, bought in 1997 for the loose change sum of $2.5 million, next to her Eringoarrah property. There is a $2 million private bridge built across the Murrumbidgee that links the farms on both sides.

Parry-Okeden married one of the sons of the rural establishment, Simon Parry-Okeden, but they are now divorced. Unlike Australia's media heirs James Packer and Lachlan Murdoch, their two sons Andrew, 32, and Henry, 30, who both have agricultural science degrees, successfully steer clear of the public gaze. Parry-Okeden’s been inactive in buying up rural land in recent times, although last year she spent $10,136 on a disused Scone road neighbouring her Scone farm, Rockview. She bought the road from the NSW government.

Rose Porteous has listed her redundant Toorak abode (pictured above and below). The Perth socialite’s inviting offers on the Irving Road house she bought for $4.75 million in 2007.

It was briefly listed in 2010 through Greg Herman, then of RT Edgar, who had the three-bedroom house with $6 million hopes. The house with double-height entrance hall has been listed with Phillip French at RT Edgar who puts it to  March 31 auction. Its sale will draw the curtain on Porteous's plentiful Toorak property plays which have filled the city's society columns for much of the past decade. 

 

Prominent horse owner and breeder Frank Tagg, who made his money from McDonald's franchises, has listed his Rose Bay residence, Lynton. The Edwardian-era Kent Road Bay residence (pictured above) was last traded at $8 million when sold by the Tasmanian-bound property developer Piers Dawson-Damer and his wife, Kim. Tagg, the former western suburbs first-grade footballer who made his big name from his part-ownership of the stallion prospect Haradasun, bought the 1912 house on 1,296 square metres with his wife, Sally in 2007. It’s listed with Alison Coopes, who’s taking offers until March 27. Title Tattle recalls the Taggs had been looking for something better suited for their children than their CBD penthouse, which still remains unsold. Back in 2003 it was expected to bring more than $11 million, then in 2007 more than $8 million was tipped and about the same on its 2009 listing. Sitting high above the Myer retail development, in Tower Apartments, the 35th-floor 640-square-metre Market Street penthouse was bought in 2000 for $4.5 million.

Retired car dealer Ray Harris and his wife, Robyn, an interior designer, have sold their whole-floor Villard, Potts Point, apartment for about $6,625,000. The three-bedroom Macleay Street apartment – with about 350 square metres, including indoor-outdoor balcony space – has been relisted in February through Jason Boon and Geoff Cox from Richardson and Wrench Elizabeth Bay. It last traded in 2006 when bought for $7.38 million, with offers above $8 million initially sought in 2010, but this was amended to $6.5 million since the penthouse was sold recently to Lizanne Knights, the wife of the director of local private-equity group Ironbridge and Sydney Dance Company chairman Julian Knights for $6.17 million.  The Knightses’ whole-floor unit had previously traded for $7.4 million in 2008. It’s a five-bedroom, sixth-floor unit, with 280 square metres of internal space plus 50-square-metre terrace, and was a combination of two units. The Harrises sold given their purchase of the 1870 Elizabeth Bay mansion Ashton for $10.75 million.

Glenelg (pictured above), the Mittagong retreat of Point Piper's Wertheimer family, has been listed for March 29 auction through Richardson and Wrench Bowral agent Michael Maloney. Architects Engelen Moore designed the three-bedroom farmhouse and entertainment barn space about eight years ago for the 18-hectare property on Range Road. It was listed with $5.5 million plus hopes back in 2010, but now with reduced expectations. Glenelg comes with original dairy bales, tennis court and pavilion, croquet lawn, spa and soccer pitch. There are also Harry Seidler plans for its main residence.

 





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    ...
    written by Mike Stokes, March 09, 2012
    JC
    Re -Mosman sales
    this week
    Apparently 20 Coronatiomn went around $7.4m & 68 Moruben sold Wed for $5.5m
    Interest srong for the prime stuff I have 4 contracts out on Cambria 18 Balmoral Av
    auction next Sat .We re off to Woollahra

    Mike

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