It might look like a stock-standard house in Longueville from the street but from the waterfront you can tell there’s something more.
The waterfront estate is set to be offered to buyers with a budget of about $50 million.The construction of Otahki took three years at a cost of almost $30 million.but among the ranks of our most indulgent and expensive residences is one that few prestige aficionados and even high-end buyers’ agents even know exists.
It is a big call by Jacobs given that among his previous listings is James Packer’s $70 million mansion in Vaucluse, La Mer, and John Symond’s Point Piper home that was withdrawn from sale despite receiving a $110 million offer. “Neither of us wanted a ‘look at me house’,” said Lowes, who moved here from the United States about 30 years ago. “It wasn’t about having to be in the eastern suburbs. We wanted a house that was for us, not for everyone else. It had to be subtle and reveal itself once you entered it. So from the street you don’t know what’s there, but I guess from the water you can tell there’s something going on.
Otahki’s central living areas are fronted by walls of glass and five bedrooms, of which the main is cantilevered over the harbourfront garden. An office building with a suite of offices, boardroom and its own facilities acts as a gateway to the main living areas.
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