In her brief stint as a Bellevue Hill trophy homeowner, Paula Liveris has learned the value of considering unsolicited offers. Just six months after settling on her $25 million designer residence, a buyer approached her with a tempting $27 million offer, resulting in a $2 million capital gain.
Meanwhile, she has already moved to a new $28 million house across the road, leaving room for plans to demolish and rebuild.
Joining the lucrative real estate trend in Bellevue Hill, interior designer Poppy O’Neil and freight heir Anthony Tzaneros have transformed their $7.45 million two-storey house into a glamorous five-bedroom property listed at around $18 million. The pair listed the property on realeastate.com.au on 17 November with a guide ranging $17-18 million.
Most recently Daniel Contos, 33 and partner Georgia Moore, 32, known for their trophy home acquisitions, recently added a fourth property to their portfolio.
Purchased for $26 million in May as a turnkey investment, the latest acquisition, an off-market listing, was confirmed by a caveat lodged on the title earlier this week.
The duo made headlines by acquiring their fourth mansion in Sydney’s upscale Vaucluse suburb, spending a total of $120 million.
The property, sold by commercial property investors Wang and Zhang for whom it was acquired in 2017 for $8.3 million, was not publicly disclosed by the agents involved, but sources suggest it was facilitated by Simon Cohen, the chief of Cohen Handler buyer’s agency.
The Bellevue Hill market, reflecting a 13.2 per cent increase in median house prices to $8.6 million, continues to attract high-profile homeowners.