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Former Prime Minister Bob Hawke has sold his Northbridge home for around $15 million. Picture: Brett Costello.
Former Prime Minister Bob Hawke and wife Blanche have sold their multimillion-dollar Northbridge home in an off market deal.
With the exact sale price yet to be revealed, it is believed that the couple sold the home for around the $15 million mark.
The Australian reports that the couple are now planning to downsize to a newly built apartment in the Sydney CBD, following the sale to a local buyer.
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According to CoreLogic data, Mr Hawke purchased the property in May 1991 for $1.23 million — seven months before he was ousted from the top job by Paul Keating in December 1991.
Bob Hawke has owned the home since 1991. Picture: AAP/ Megan Slade).
Ownership records also reveal that the three-bedroom house was jointly purchased with his late former wife Hazel.
The Minimbah Rd property sits on 952sqm of land backing directly onto Middle Harbour. It also features a private jetty for boaties.
From the property, Mr Hawke and Ms d’Alpuget enjoyed views looking towards Castlecrag and Seaforth.
Mr Hawke, aged 89, is part of a growing trend of north shore downsizers who are trading their large properties for smaller, more manageable lock up and leave apartments.
Former PM Bob Hawke is well known for his celebrations during Australia’s victory at the America’s Cup.
The downsizer group has been one of the most active groups buying and selling on the north shore in the past year.
The sale of the couple’s long-term home was facilitated by Richardson and Wrench Northbridge agent Chris Downie, who remains tight lipped on the result.
Mr Hawke was Labor’s longest serving prime minister and represented the Melbourne electorate of Wills between 1980 and 1992.