TRG founder Gavin Rubinstein is smashing records in Hunters Hill, with a waterfront selling $1m over reserve at auction this week.
The Clark family’s longtime home on a 1640sqm absolute waterfront block, with plans for a tennis court, large garage and dual occupancy at 17 Nelson Parade, fetched $11.56m.
There were a dozen registered for the home, listed via Rubinstein and colleague Mel Angelis, with all but one participating in the bidding.
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“It was crazy,” Rubinstein said. “It’s the highest price paid in the street and the fourth street record for us since opening our office just a few months ago.”
The purchasers were a family from the south-west, but, not surprisingly since TRG has its HQ in Sydney’s exclusive eastern suburbs, two of the registered parties came from there.
No wonder out-of-area buyers were keen.
The minute you walk in the door, you’re greeted by incredible water views taking in the city skyline to Pulpit Point Reserve and beyond.
North-facing terraces offer outdoor entertainment areas to enjoy the outlook.
Right in front of the bay there’s a solar-heated pool, with large manicured gardens to the rear.
The property is perfect for growing or multi-generational families, with four well-sized bedrooms all with water views.
The buyers are planning a big reno or rebuild.