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8 Windward Ave, Mosman sold for $19.2 million in 15 days, one of Richard Simeon's $42 million worth of sales so far this year.
Mosman's luxury property market is off to a strong start this year, with nine home sales already valued at $10 million or more, and a further 21 homes listed for at least $10 million each, including 11 for at least $15 million. It has a dollar price tag.
Richard Simeon of Simeon Partners has sold five Mosman properties this year for a total of $42 million across price ranges.
His most recent sale was a Balmoral “masterpiece” for $19.2 million, which sold in just 15 days and had three buyers chasing it. The guide fee was $19 million.
Built to standard rather than price, 8 Windward Avenue was the home of investment banker Mark Ewart and his wife Jenny.
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Architect Heather Batross designed the Windward Avenue home.
Beautiful outdoor entertainment area.
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The couple hired architect Heather Buttrose for the entire project, and she designed the five-bedroom home to face north and enjoy harbor views from every room. I made it.
The home, in a cul-de-sac just 500 meters walk to Balmoral Beach, has 4-metre-high beech paneled ceilings and oak floors, although the expression of interest campaign ended on March 12. were pursued by local residents, overseas buyers, and buyers outside the region.
I sold it to a family out of state.
Mr Simeon said the buyers loved the property's tranquility, attention to detail and true quality of craftsmanship.
Every room has a view of the harbour.
Buyers loved the tranquility of this property.
“This is the first time Mosman has experienced such a surge in luxury goods sales,” he said.
“Mosman's performance in the luxury market earlier this year has been significantly better than other major Sydney markets…Mosman is a suburb that consistently attracts buyers from the Upper North Shore, eastern suburbs and northern beaches. “But we have seen a big market and there will be an infusion of buyers moving into Mosman this year,” he said.
REA Group said there were 12 new Mothman listings with guides of at least $10 million as of April 6, and a further nine older listings that have been on the market for several months.
The median house price in Mosman was $5.25 billion, an increase of 7.3% in 12 months, according to Prop Track.
