Humble beach pad sold for record $45m, buyer revealed _SteveNicholls
The sales agent, Ken Jacobs of Forbes Global Properties, has not commented.The buyer in 1959 was radio funnyman Harry Griffiths, who starred in the comedy sketch McCackie Mansions with Roy “Mo” Rene.Droga grew up in Perisher Valley in New South Wales’ Snowy Mountains.He founded his own agency called Droga5 in 2006 which he sold to Accenture for $US475m.9 Kenneth St, Tamarama fetched $29.2m.
The previous record for Australia’s most expensive oceanfront property was broken by 9 Kenneth Street in Tamarama. The old apartment block of five units were sold to socialite Di Maloney for $29.2m in 2021. The oceanfront record before that was $29m for James Packer’s bachelor pad on Campbell Pde, Bondi Beach, set in 2018.
According the latest Proptrack Home Price Index, national home prices continued to stabilise in April after rising for the fourth consecutive month, rising 0.14 per cent. The cumulative increase in 2023 is now 0.75 per cent. Strong migration, tight rental markets and limited supply are offsetting the impact of rapid interest rate rises.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Adman David Droga buys Tamarama’s $50m Lang SyneNew York-based Australian advertising executive David Droga is set to take the keys to one of Sydney’s most iconic coastal properties: Tamarama’s Lang Syne.
Read more »
Australia’s oceanfront record smashed: Tamarama bungalow Lang Sayne sells for about $45m - realestate.com.auA simple 100-year-old bungalow has fetched an eye-watering price as the highest ever for an oceanfront home in Australia. 👇
Read more »
David Moyes targets ‘best achievement’ by leading West Ham to European finalWest Ham take on AZ Alkmaar in the Conference League semi-finals after falling at the last-four stage in last year’s Europa League
Read more »
ABC announces job losses amid biggest restructure since 2017Managing director, David Anderson, told staff ‘this in no ways diminishes the importance of what we do’
Read more »
Dutton accuses the Albanese government of ignoring middle Australia in budget replyOpposition Leader Peter Dutton has accused the Albanese government of ignoring middle Australia in his budget reply. Mr Dutton offered a few new ideas during his budget reply on Thursday night, one of them being to ban gambling advertising during live televised sports games, including one hour before and after. The Liberal leader called on the Albanese government to restore the number of Medicare subsidies psychologist sessions that Australians can get access to. Largely, Mr Dutton’s reply was a critique of Treasurer Jim Chalmers’ second budget.
Read more »