East meets West with sale of $8 million northern beaches heaven
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Entrepreneur Clair Jennifer, who sold her 54-store Wombat fashion retail chain business to the Packer family in 2004, has secured a bullish $8 million for her home on Sydney’s northern beaches.
It has been bought by a company whose shareholders are given as two Chinese-born directors in their early 20s. The property, named Heaven, was marketed as where East now meets West.
It took two years to secure the sale, but not much variance from Jennifer’s initial $8.5million asking price through LJ Hooker Mona Vale agent Josephine Cowling and Ray White Terrey Hills agent Shayne Hutton.
Located between Warriewood and Terrey Hills in the municipality of Pittwater, the 2.2-hectare resort-style property at Ingleside featured on Jamie Durie's series Australia's Best Backyards.
With seven bedrooms, six bathrooms and vast living areas, the residence and separate studio are surrounded by tropical gardens with rolling lawns.
There’s plenty of water features and an indoor-outdoor pool.
The existing 1998 house was renovated and extended along with the installation of its gardens after the block cost $2.7 million in 2003. Warm cedar timbers are influential throughout the architecture, combined with natural limestone, sandstone and contemporary textured walls. In one word the property is best described as breathtaking.
There are three stables, barn and workshop area.
It was marketed as having no neighbours within view, but in close proximity to exceptional educational facilities.
It is about 30 minutes from Sydney and about five minutes from the boating shores of Pittwater, surfing beaches, prestigious golf and country clubs plus the village atmosphere of Mona Vale.
The northern beaches’ last big sale was in December 2009 when Gail Kelly, the boss of Westpac, spent $8.95 million on a Terrey Hills acreage property.
It was a record price for a northern beaches equestrian property. The two-hectare resort-style property came with a five-bedroom, five-bathroom house. There is also a guesthouse on the bushland estate with views towards the city skyline.
It was sold by former Vivendi Water chairman Kevin Doyle, who bought it for $3.65 million in 2005.
The Kelly acquisition comes with heated indoor pool, spa, floodlit tennis court and equestrian facilities with Olympic arena.
