It was a big week for high-end sellers, from the $200 million digs of “Aussie” John Symond to the Strathfield home of fellow rich lister Tony Tartak.
two years ago for $9.5 millionThe resort-style estate of Gareth Hales returned to the market this week, two years after he bought it for $9.5 million.The gated estate comes with an impressive catalogue of opulent add-ons, such as a home theatre, billiard room with a wet bar, flood-lit tennis court, heated pool, a grand marble foyer and is set on more than two hectares.
Gareth’s penchant for fine real estate extends beyond his Dural acreage and an Eastwood mansion that is his home. There’s also a $5.5 million Kurrajong estate and $5.5 million designer digs in West Pennant Hills – neither of which carry a mortgage.The Point Piper trophy home Wingadal was designed by Alec Tzannes, took eight years to build and was completed in 2006.
For those who missed the headlines, the Aussie Home Loans founder has enlisted Ken Jacobs and Brad Pillinger to sell his landmark home amid expectations it would be the first Australian residence to break into the $200 million range.
Historic records show Packer bought the property in 1970 for $74,000, the same year he was made joint managing director of the Nine Network alongside his fatherwas commissioned to design what is now a four-bedroom house, but after Packer famously fell out with his father in 1972 he sold the house four years later and moved to the United States. He died there in 2001, aged 65.
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