Property Of The Week: 5 Mitchell Street, North Bondi, NSW
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Property Of The Week: 5 Mitchell Street, North Bondi, NSW

The ideal family home in a sought-after location.

By Terry Christodoulou
Fri, Feb 12, 2021 5:07amGrey Clock < 1 min

The dusty adage of ‘location, location, location’ certainly rings true for this North Bondi residence.

Located within walking distance of the beach and Seven Ways shopping precinct as well as local eateries, this 5-bedroom, 3-bathroom, 2-car parking home is the ideal family offering.

Set on a wide-fronted block offering 251sqm, the free-flowing spaces are split across two floors.

Inside presents a newly refreshed home with polished timber floors and new carpet. The living room and kitchen offers classically high ceilings – the latter fitted with an island connecting to the spacious dining area.

It’s also here that the oversized windows overlook the garden and the lead out to the alfresco dining terrace.

All five double bedrooms offer built-ins while the master bedroom is set with an ensuite, walk-in-robe and private balcony access.

Elsewhere the home offers three bathrooms and an internal laundry.

Further, the home offers a workshop or storage area – with the scope to convert – along with an attic.

Ducted air condition is available in five zones, with ceiling fans throughout the home supplementing the air flow.

The listing is with PPD Real Estate’s Mary Anne Cronin (+61 411 773 646) and Jane Lomax (+61 410 465 277) and is headed to auction February 27. Price guide; $2.9m. 

Ppdre.com.au



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Judge Blocks Effort to Auction Graceland

Family of Elvis Presley was fighting the attempted sale, alleging fraud

By TALI ARBEL
Sun, May 26, 2024 2 min

A Tennessee judge on Wednesday blocked an allegedly fraudulent attempt to auction off Graceland, the former Memphis home of music legend Elvis Presley and a major tourist destination in the state.

Elvis’s granddaughter, actress Riley Keough , says a company that had planned a Thursday sale was fake and trying to defraud the trust that owns Graceland.

Judge JoeDae Jenkins in Chancery Court in Shelby County, Tenn., granted the injunction to stop the auction, according to a court clerk. The court had granted Keough a temporary restraining order on the sale last week.

The auction was initiated by an entity called Naussany Investments & Private Lending. It had filed a public notice for a foreclosure sale in Tennessee, alleging Lisa Marie Presley , Elvis’s only child, defaulted on a $3.8 million loan it made to her. The group said it now owns Graceland because Presley defaulted on the loan.

Presley, Keough’s mother, controlled the Graceland trust until her death in January 2023 . Keough then took over as trustee.

Lawyers for Keough said Naussany’s loan documents are forgeries, and the firm “appears to be a false entity created for the purpose of defrauding” the trust that owns Graceland, Presley’s heirs or any purchaser of Graceland.

Elvis Presley Enterprises, which manages Graceland, has also said Naussany’s claims were fraudulent. “There will be no foreclosure,” said Elvis Presley Enterprises spokeswoman Alicia Dean . “Graceland will continue to operate as it has for the past 42 years.”

Keough’s lawyer declined to comment.

Naussany Investments and Kurt Naussany, named in the complaint as acting on behalf of the entity, couldn’t be reached for comment. A phone number listed in the complaint didn’t work, and emails sent to associated addresses weren’t answered. The Wall Street Journal couldn’t separately find contact information for a Kurt Naussany. A lawyer for the entity couldn’t be identified.

The Graceland complex in Memphis, which includes an exhibition center and a 450-room hotel, attracts hundreds of thousands of visitors annually.

Elvis bought the property in 1957, when he was 22 and an ascendant star. He died in 1977 at the age of 42 and is buried on the Graceland property. Graceland opened to the public in 1982.

Lisa Marie Presley’s mother, Priscilla Presley , reached a settlement in 2023 with Keough over who would control the trust. The settlement came after Priscilla Presley challenged a 2016 amendment to the trust filed by Lisa Marie Presley that removed her mother as trustee.

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