Staff reporter | 18 June 2017

Vailele at Woolwich sells for peninsula record

Vailele at Woolwich sells for peninsula record

Vailele, one of Sydney's most tightly held riverfront homes, has been sold by the Salter family.

The historic sandstone home in Woolwich, which has only had five owners since its 1892 construction, secured around $23 million.

It last traded for $3 million, when it was 1993's top sale on the North Shore water's edge, and before that in 1979 when bought by abattoir owner Trevor Wadland for $375,000.

It is long remembered as the location of scenes from the Network Ten mini-series, Return to Eden, the 1983 television drama starring Rebecca Gilling, James Reyne and Wendy Hughes.

Steeped in history, the three storey home once hosted Scottish novelist Robert Louis Stevenson as its guest, who lived out some of his later days in the garden cottage while based at Samoa.

Stevenson even gifted two of the heritage palm trees that sit in the garden.

Ken Jacobs at Christie's International was seeking around $24 million to $26 million for the late 19th century sandstone home.

Under its slate roof there's original fireplaces, ornate ceiling roses and stained glass windows along with intricate turned timber posts on the marble tiled verandahs still intact after its two year restoration.

The home's named derives from the Samoan term for 'running water.'  An original sandstone water bubbler and heritage-listed sandstone well have been revived, the latter irrigating the grounds. 

The peninsula's most recent trophy home saw was earlier this year when the actor Cate Blanchett and her playwright husband Andrew Upton sold Bulwarra.

The $18 million sale came after an earlier $19.8 million sale failed to proceed.

The historic 1877-built residence - restored and extended on its 3642 sqm Hunters Hill block - was sold by Christie’s International.

Vailele has eight bedrooms, seven bathrooms, a study, an elegant music room. 

There's an entire floor dedicated to high-tech entertaining, including a home theatre.

Its heritage billiard room comes with cedar-panelled walls, domed ceiling and a bar.

It comes with a 10 car garage at the cul-de-sac location, a 3084 sq m estate on the corner of Gale Street and The Point Road.

With climbing roses, lavender, frangipanis and a vegetable patch, the grounds come with an infinity pool and spa, with lit terraces, verandahs, and a gazebo.