Russell Crowe re-lists his Potts Point investment apartment:Title Tattle

By Jonathan Chancellor
Friday, 24 February 2012

 

Marc Cuming, a private client adviser at Macquarie Bank, and his wife, the philanthropic Caroline Riddell-Clark, have listed their quaintly fronted Elwood (pictured above) residence. The Melbourne couple are seeking $2.75 million plus for the Ormond Esplanade renovated period home. It sits close to the beach on an 800-square-metre block. Kay and Burton agents Alex Schiavo and Ross Savas have the listing. Title tattle recalls the couple's last house was the 1883 LaLuma in Elsternwick.

Hollywood production company director Jason Schepisi is looking for $2.4 million for his three-hectare Byron hinterland estate (pictured above) at its April 14 auction through Nicolette van Wijngaarden of Unique Estates. The five-bedroom Newrybar house has three living rooms with interiors by Christian Liaigre, who did the décor for Rosehearty, the Murdoch family’s yacht. There’s a saltwater pool in the three hectare grounds which is a stroll from dining at Harvest Cafe and the day spa at Gaia Retreat. “The owners are relocating to New York immediately and their instructed price guide of only $2.4 million will ensure this stunning estate will sell on or before the auction,” van Wijngaarden said.  Schepisi sold his previous Byron Bay retreat for $2.8 million, which was a Richard Neutra-inspired, Palm Springs-style, three-bedroom Brooklet hinterland house.

Bob and Helen Hargreaves, who were the 1985 founders of Le Forge, the hand-forged furniture manufacturers, have listed their historic Victoria Street residence, Overcliffe (pictured above and below). It’s the 1876 Potts Point cottage of master mariner George Kenny. The landmark house was restored by the Fink family, who built a modern rear three-storey extension designed by architects Clinton Murray and Shelley Penn. Leon Fink had secured permission to substantially demolish the timber cottage but then thankfully had second thoughts for the 299-square-metre block. Title Tattle recalls that before Fink it was the barrister Charles Waterstreet who bought the cottage in 1980 for $112,000, selling it reluctantly to the Fink family for $842,000 in 1988. It was the house briefly in the headlines when actress Kate Fitzpatrick unsuccessfully sought Supreme Court orders in 1996 claiming a 10% stake dating back to her relationship with Waterstreet between 1979 and 1982.

Overcliffe has been listed through Richardson and Wrench agents Jason Boon and Geoff Cox with $3.7 million-plus hopes. It last traded at a somewhat discounted $3.1 million in 2009. Given the marketing appears with photos of wisteria and frangipanis, the agents must have had their cameras posed when the garden was in full bloom.

The Palm Beach property (pictured above) owned by the Goondiwindi cotton farmer David Coulton and his wife Kim – passed in on a vendor bid of $2 million at auction last November – has been sold. They had been seeking $2.15 million through Gordon Archibald of LJ Hooker Newport. “The rural owners of this outstanding property have indicated that they are prepared to meet the market,” the marketing material advised. For many years, the Pacific Road house was the abode of David Coulton's 51-year-old brother, Mark Coulton.

Last week drug charges against Mark Coulton, a well-known Palm Beach identity, were dropped by the Commonwealth Director of Public Prosecutions. Mark Coulton had been charged last October with being the ringleader of a group conspiring to import a commercial quantity of a border-controlled drug. The charges were dropped after the police were unable to specify what type of substance or the quantity. Magistrate Graeme Curran said in Downing Centre Local Court he had no doubt there was "something fishy going on", but police jumped the gun by arresting Mark Coulton before establishing what the substance was. Mark Coulton is now asking the police to pay his legal costs. At his October bail hearing last year his barrister Charles Waterstreet said his client had never previously faced drug charges. He was granted bail after his brother-in-law Don Grieve and sister Dixie, a former deputy lord mayor, offered to forfeit $1 million if Mark Coulton failed to comply with his bail conditions. On top of their million-dollar surety, his bail conditions stipulate that Mark Coulton had to live with the couple in their Paddington home until the matter returns to court this month. 

With plans to return to Santa Cruz in the US, Vivian and Richard Arnold have sold their Ken Woolley-designed Duffys Forest residence (pictured above). The four-bedroom house had been listed through the LJ Hooker Terrey Hills agent Kevin Packham with $3.5 million hopes. About $3 million was achieved for the residence set on a 2,044-square-metre fan-shaped block bordering a lake and the fairways and greens of Terrey Hills Golf and Country Club. The cul-de-sac house has a family living area that opens to an outdoor living-dining terrace overlooking the in-ground swimming pool, lake and golf course. It last traded in 2002 at $2.7 million.

 





    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 .

    Leave a Comment

    Comments (0)Add Comment

    You must be logged in to post a comment. Please register if you do not have an account yet.

    busy

    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

      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. >>
        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

        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
        RP Data-Rismark May 24 daily index
         

        Private Media Publications

        Crikey

        loading...

        Smart Company

        loading...

        StartupSmart

        loading...

        Leading Company

        loading...

        Womens Agenda

        loading...