This could be Australia’s next $100m home.
No sooner had some of the details of the Elizabeth Bay mansion Boomerang selling under wraps for about $80 million come to light than another prize harbourfront property being quietly offered for sale emerged from agent secrecy.
It is Rockleigh, a tightly held Point Piper estate that comes with $100 million hopes.
The pale pink home on a 1284sq m Wolseley Rd holding has a high knockdown probability.
Philip and Valmae Rundle purchased the property, near the so-called butter box apartments, in 1978 for $325,000 from Helen Pratten, the widow of printer Fredrick Pratten, who had died in 1977.
Dr Rundle died in 1991 and his widow, who was an Egyptian archaeology enthusiast, died in 2016.
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The sellers are hoping for $100m for Point Piper’s Rockleigh.
There has been considerable family disharmony surrounding the estate.
Any sale of Rockleigh close to $100 million will be the top Sydney deal in the past two years.
Boomerang’s delayed settlement $80 million deal was reputedly secured pre-Christmas, seemingly taking the top spot as 2023’s most expensive sale, and thereby knocking the $76 million Bellevue Hill federation estate Leura into second place.
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Scott Farquhar and Kim Jackson’s $130 million Uig Lodge Point Piper buy in late-2022 remains the priciest.
The 1926-built Boomerang had been on sale for about three years, coming with mystique, huge heritage obligations and even periodic misfortune since being vacated in the early 1960s by the first owner, sheet music publisher Frank Albert.
At $130m, Uig Lodge is Australia’s highest home sale.
It was his oldest philanthropic grandson Robert Albert, who died earlier this month, who donated the historic schooner Boomerang to the Sydney Heritage Fleet in 1988.
Word has it that Wolseley Rd-based car wash boss Anthony Sahade came close to buying Boomerang, but decided to stay put.
Meanwhile, on the cheap side of the exclusive street, Retail Apparel Group co-founder Stephen Leibowitz and wife Pam’s home Vaynol has been listed with $65 million hopes. They bought it from Ben Tilley for $12 million in 2004.
The Leslie Wilkinson-designed house cost £15,555 in 1955 when it was built for General Sir Leslie Morshead.
Australia’s richest postcode, only eight houses have been sold in Point Piper over the past 12 months.
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