Darling Point Apartment Sets Suburb Record
Inside this record breaking $25 million-plus sale.
Inside this record breaking $25 million-plus sale.
The sale of an apartment for over $25 million in Sydney’s blue-ribbon enclave of Darling Point has set a new suburb record.
Not only is it the highest sale for the Sydney suburb for more than 18 months, but also steams past the previous $16.8 million record for an apartment set in June by the off-the-plan sale of a development on Yarranabbe Road.
The exact price paid for the home remains undisclosed by 1st City Double Bay’s Julian Hasemer. The property was listed less than two weeks ago with a $25 million guide and has sold well before the November 4 deadline.
According to posts by the agency’s social media accounts, the result came in at more than $25 million.
The apartment in question is a two-storey spread that has formal and informal living areas and uninterrupted harbour views to the city skyline, five bedrooms an internal lift and a swimming pool.
The apartment sold was one of two in the block built by yachtie Hugo van Kretschmar and his wife Karen after they bought the site in 2004 for $7 million and acquired the talents of Allen Jack+Cottier Architects to have them designed.
The couple kept one apartment – prior to its recent sale, with the lower-level apartment sold six months before completion to Thelma Levin wife of Park Lane Fashions boss Mervyn Levin.
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Former Google CEO Eric Schmidt is selling his Northern California estate, which was listed Monday for $24.5 million.
Located in Atherton, an extremely affluent town northwest of Palo Alto and about 30 miles south of San Francisco, the 3.36-acre property is made up of three parcels that Schmidt acquired over the years, according to public records and Compass, who has the listing.
Schmidt, 69, and his wife, businesswoman Wendy Schmidt, purchased the main home in 1990 for $2 million, according to public records accessed via PropertyShark. They remodelled the 1969 home in 2007, and at that time, bought a neighbouring parcel of land, allowing an expansion of the main house and the addition of a guest house, according to Compass, who holds the listing. A third parcel was later acquired, on which the Schmidts added an English garden house and landscaped grounds overlooking the Eastern Hills.
“Finding three contiguous parcels in Atherton is rare. Even rarer are those with views of the Eastern hills,” said listing agent Katharine Carroll of the reSolve Group at Compass. “The location of this residence is ultra private, at the back of a cul-de-sac with the main house built into a hillside that provides privacy and very good security.”
Across the estate, there are five bedrooms, five full bathrooms and six half bathrooms.
The 5,265-square-foot main house also offers a number of private outdoor spaces on its upper level, including a large terrace off the primary suite, another large terrace off a secondary bedroom, plus a third smaller terrace and two balconies.
Behind the main house is a patio with a pool and spa. For even more outdoor space, there’s an entertaining pavilion, an open lawn and an outdoor fireplace area near the guest quarters.
The grounds themselves are also a standout feature, with an array of mature plants and specimen trees. The upper portion of the property’s landscaping is designed around an Amdega-designed conservatory, which was imported from the U.K. Around the greenhouse, there is a garden of raised beds and fruit trees, Carroll said.
“From the moment you step onto the grounds, it feels as if you’ve been transported to a private botanical sanctuary,” she said.
Schmidt served as Google’s CEO from 2001 to 2011, and then became the company’s executive chairman until 2015. He could not be reached for comment.
This article first appeared on Mansion Global
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This stylish family home combines a classic palette and finishes with a flexible floorplan