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The prized waterfront home in Castra Place, Double Bay, has a $45m price guide via Paul Rich of Rich’s Real Estate.
A Double Bay waterfront a few doors from where garbo Ian Malouf spent $61m on two beachfronts last year has hit the market with a $45m price guide.
This latest listing is in a collection of just eight waterfronts in highly prized Castra Place, among homes owned by a range of identities including Janine Lowy, the former wife of Westfield heir Peter Lowy, and company director Vickki McFadden.
It’s the 101-year-old six-bedroom waterfront on a 552.7 sqm block owned by the late orthopaedic surgeon Basil Ireland and his wife, Ernestine.
Up for sale in an expressions of interest campaign with Paul Rich of Rich’s Double Bay, it’s set to be popular, with prospective buyers known to regularly knock on the front door of the homes in the coveted street asking the owners if they’d sell.
Some claim it’s the most door-knocked street in Australia!
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There are just eight waterfront homes in the street.
The level lawn leading to the water’s edge will be popular.
And being in a central location in the tiny street with more sun and a bigger north-facing block, it’s better placed than those snapped up by Malouf for $35m and $26m last year.
The Irelands have owned the three-level home with gobsmacking views, a few doors from the Double Bay Marina, for 47 years.
Ernestine had grown up No.10, now owned by the Lowy family, and when the house nearby hit the market in 1975 she and Basil pounced.
It has an interesting history, having previously been the Italian consulate and the British High Commission.
The waterfront home is a few doors from the marina.
The living room opens to a balcony with incredible views.
Word has it that the Irelands bought it from former model sisters Princess Nike Arrighi Borghese and Luciana Chetwynd.
Malouf and his wife Larissa had first bought No. 6 Castro on a smaller 495sqm in April last year for $26m.
And then in June, they pounced on No.2A, a Mediterranean-style residence owned by Leigh and Nick Pongrass of Pongrass Properties, for $35m.
The much-loved home has been in the Ireland family for 47 years.
There are six bedrooms.
That had previously been owned by billionaires Bill and Imelda Roche, who’d bought it in 1997 from Multiplex scion Andrew Roberts, who bought it in 1994 for $2.75m from the rag trader Philip Smouha, former husband of fashion designer Lisa Ho.
Last year was a huge year from Malouf, who sold his Dial-a-Dump business for $578m to Bingo Industries in 2018.
He also bought John Boyd’s $60m penthouse in Castlereagh St and a $20m Palm Beach getaway.
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- Source: https://www.realestate.com.au/news/double-bay-prized-waterfront-of-late-orthopaedic-surgeon-basil-ireland-has-45m-price-guide/
