Malouf remained tight-lipped on the deal this week, which is able to depart it to settlement to disclose the Jandegians’ buy value, possible confirming it because the suburb’s highest sale up to now this 12 months.
Woollahra’s hyperinflation
When Bathers’ Pavilion proprietor Ian Pagent and his spouse, Maryanne, purchased the Woollahra house of Skye Leckie and the late TV titan, David Leckie, a 12 months in the past for $17 million, it was deemed a powerful outcome by property watchers on the time, given the windfall it provided the charity queen.
The Pagents purchased the Woollahra home for $17 million final October and resold just lately for $20 million.
In any case, the Leckies paid $9 million 5 years earlier, successfully making a $1.6 million capital achieve for every year.
So, what to make of the Pagents’ sale lower than a 12 months later for $20 million, with no enhancements to talk of?
Actually, the patrons, rag merchants Jonathon and Jill Ind, are cashed up from their very own trophy dealings, promoting their beachfront house in Double Bay to former garbo Ian Malouf as a house for the children. Sigh.
The Company’s Ben Collier was providing no remark, regardless of negotiating the short resale on behalf of the Mosman-bound Pagents.
The Pagents have paid $19 million for the Clifton Gardens house of former recruitment boss Katie Adamo and distinguished dentist Daniel Adamo, making the Adamos their very own good-looking capital achieve of $4.5 million on their two-year possession.
The Clifton Gardens house of Brad Orgill is on the market with a $10 million information.
The Pagents’ arrival at Clifton Gardens is simply in time to farewell neighbour and former UBS boss Brad Orgill, who just lately bought a $3.5 million pad at Walsh Bay.
Former UBS boss Brad Orgill is promoting in Clifton Gardens for $10 million.Credit score:Bryan Charlton
Ray White Mosman’s Geoff Smith has a $10 million information on Orgill’s house, nearly double the $5.275 million he paid for it in 2015.
Orgill will even be spending extra time on the South Coast the place he purchased a Saddleback Mountain property referred to as The Lookout Farm just a few years in the past for $4.775 million.
