Revealed: A $70m “fixer upper” in one of Australia’s richest suburbs
A once-grand Vaucluse estate with knockout harbour views and a legacy as remarkable as its outlook hits the market for $70 million.
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The mid-century mansion at 38 Vaucluse Rd might not have the same street presence as its glamorous neighbours, but the $70m “fixer upper” still has all the right ingredients to be an enviable eastern suburbs estate.
If the old adage is true – and it’s all about location – then this 1400sq m dual access parcel with postcard views of the Harbour City’s heavy-hitter icons actually has it all.
With the Harbour Bridge and Opera House at centre stage, the outlook propels the listing into its multi-million dollar category, but the owners are also a talking point.
The original five-bedroom residence has been the home of 98-year-old philanthropist Isaac Wakil and his late wife, Susan, for the past 65 years.
Although the perfectly positioned Vaucluse home with the hefty price tag is impressive enough, the one-time high society couple have a history of making headlines with their rundown, yet eye-watering, portfolio.
For decades, the duo held onto several abandoned, but enviably placed properties, including the iconic Griffiths Teas building in Surry Hills and the Terminus Hotel in Pyrmont.
After building their wealth in the garment industry and then property, the pair, who had no children, began selling off their real estate in 2014. The huge cache of properties earned more than $200m, which all went to charity.
They donated millions to The Art Gallery of NSW, Opera Australia, St Vincent’s Hospital and the Sydney Jewish Museum. In 2016, the couple handed a record $35 million to The University of Sydney through the Susan and Isaac Wakil Foundation.
With their Vaucluse residence expected to be a “knockdown”, it could be the most expensive “land” sale in Sydney.
Despite predictions it could be bulldozed, the listing through Ray White Double Bay’s Elliott Placks and Riki Tawhara, depicts “grand interiors waiting modern refurbishment” and describes the homes as offering “character of a bygone era”.
As is, the unique two-storey house has a ground floor dedicated to everyday living and entertaining with a full-width balcony capturing the show-stopping outlook, a formal dining room, library, office, and three bedrooms, including a main with the landmark view and an ensuite.
The same level also houses two full bathrooms, a powder room and a garage.
Downstairs, there is an original kitchen and vast rumpus room with a bar and French doors opening onto a grand terrace, a level lawn with established palm trees, and a huge swimming pool facing the sweeping harbour panorama.
The property, which also has access to Carrara Rd, has two more lock-up garages below and is close to Hermitage Foreshore track, harbour beaches, and Kambala School.
Listed with Elliott Placks and Riki Tawhara of Ray White Double Bay, inspections for 38 Vaucluse Rd, Vaucluse are by pre-arranged private appointment.
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Built in 1880, Brighton’s historic John Knox House blends Gothic Revival grandeur with a striking contemporary extension and resort-style living.
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Once the home of a Presbyterian minister, John Knox House has had a distinguished journey over the past century and a half.
The former manse next to John Knox Church on North Rd is now a glamorous Gothic landmark complete with a private tennis court, swimming pool, and a sophisticated 21st century addition.
Today’s John Knox House is a modern mansion offering all the creature comforts of a contemporary family home, with period details celebrating the residence’s holy history.
Built in 1880, the Gothic Revival manse was designed by prolific Melbourne architect Lloyd Tayler, who also drafted St John’s Anglican Church in Toorak and St Paul’s in Sale. Tayler’s other work includes Marden House in East Melbourne and the 1880s additions to the iconic Sunbury mansion Rupertswood, birthplace of The Ashes.
By 2026, John Knox House will remain a significant piece of Melbourne’s architectural history, even featuring on the John Knox Architectural Trail Walk.
It remained in the church’s hands for more than a century before the Uniting Church sold both the place of worship and the manse in 2007, with the latter selling for $2.701 million.
Since then, the Brighton trophy home has traded several times, most recently in 2017 for $6.75 million. Back on the market this month, John Knox House is listed with Kay & Burton Bayside agents Matthew Pillios and Melissa Grinter with a price guide between $10.5 million and $11.5 million.
The heritage-listed residence sits on a vast 1647sq m block in one of Brighton’s most sought-after neighbourhoods, less than 1 km to the bay.
While the grand estate has a colourful history, it also features a sophisticated modern renovation showcasing a blend of old-world charm and 21st-century flair fit for a growing family.
Original Gothic touches include ornate detailing, tessellated tiles, a period fireplace, and stained-glass windows. Meanwhile, the striking contemporary addition, with its unique cantilevered roof, is defined by concrete, steel, and glass walls.
At the heart of the newer wing is a large open-plan living zone with a stone kitchen featuring Miele appliances, a large island bench, and a walk-in pantry. The adjoining dining and lounge spaces spill out to the alfresco entertaining area with a built-in fridge, pizza oven, outdoor television, and integrated seating.
The long list of resort-style features includes a pool, an outdoor fireplace, a full-size tennis court that can be used as a basketball court, plus landscaped grounds, established trees, and a children’s playground.
A ground-floor palatial primary suite has a fireplace, dressing room, and a vast marble ensuite with a freestanding tub and twin vanities. Upstairs, there is a spacious rumpus room, a family-friendly bathroom, and four more bedrooms, each with built-ins.
Additional features at John Knox House include an underground cellar, hydronic heating, surround-sound systems, CCTV security, intercom and C-Bus home automation throughout.
The historic house is close to Brighton Beach, North Road Reserve, Kamesburgh Gardens and Martin St shopping and dining precincts.
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