
49 Coolawin Rd, Northbridge has sold for close to its $45m asking price.
The largest waterfront landholding in Northbridge has reset records on Sydney’s north shore with its sale today for close to $45m.
A Sydney-based family has snapped up the grand estate on a 3434sqm block at 49 Coolawin Rd in a deal negotiated by Michael Coombs and Andrew Drury of Atlas.
Coombs said at the time of the listing in late January: “In my two decades of real estate, I’ve never come across a waterfront property like this.”
The property disappeared from realestate.com.au this afternoon but neither agent would discuss the sale, leaving other sources to confirm the deal was done close to the $45m guide.
The sale means three North Shore homes have now transacted for more than $40m.
MORE:
It has stunning harbour views.
The first was the Lavender Bay home of property veteran Greg Paramor, AO, and his wife Kerry for $42.2m in December, 2022 and then Mosman home of Sydney Swans chairman Andrew Pridham for about $40m last August.
The latest big deal was for a six-bedroom mansion owned by Kristie Ward of the Primo Smallgoods family, who bought it in 2017 for $21m from Robert and Kelly Salteri of the Transfield and Tenix infrastructure family but has since undertaken a thorough luxury renovation.
When the home recently appeared as the Mosman Daily House of the Week, Kirsten Craze wrote that it offered panoramic harbour views, designer features, and expansive grounds with a pool and private jetty.
It’s designed for seamless indoor-outdoor living and high end entertaining.
A private jetty is just one of the attractions.
There’s even a great view from the bathtub.
At the heart of the home’s palatial ground floor footprint is its vast living area with high 3.5m ceilings and floor-to-ceiling glass perfectly capturing the enviable water views across to the Spit Bridge.
Designed for seamless indoor-outdoor living and high end entertaining, the formal lounge and dining area also opens to a grand terrace.
The gourmet kitchen features Calacatta marble surfaces, Miele appliances and has a fully equipped butler’s pantry. Additionally, the entry level houses a home office plus a separate family or media room, both with private outdoor areas.
On the top floor, there are four large bedrooms each with a built-in wardrobe, an ensuite and terrace access.
The gourmet kitchen features Calacatta marble surfaces.
The five-star main bedroom was clearly built to turn heads, featuring a glamorous dressing room, personal balcony and a show stopping spa ensuite with rain showers and a tub positioned to soak up the harbour vista.
This upper level also has a state-of-the-art gym with a sauna, a commercial-grade laundry, temperature-controlled wine cellar, a safe, and yet another entertainer’s terrace. Down on the lower ground floor a separate studio includes a kitchenette, ensuite and deck.
Outdoors, the Northbridge residence has meticulously landscaped gardens with mature trees and manicured hedges, a large pool bordered by palm trees and a meandering path leading down to the private jetty and boat shed equipped with mooring facilities.
Equipped with advanced smart home systems, the house has integrated speakers, reverse-cycle air conditioning, CCTV security, and a five-stop inclinator providing access to the entire home from the water’s edge.