Balnaves Foundation boss Hamish Balnaves lists in Crows Nest

Balnaves Foundation boss Hamish Balnaves lists in Crows Nest
Title TattleMarch 28, 2017

Following his $4.2 million purchase in Cremorne, Balnaves Foundation boss Hamish Balnaves has listed his now redundant Crows Nest home.

The price guidance is $2,475,000 to $2,700,000.

Balnaves, who runs the Balnaves Foundation, paid $1,355,000 for the three bedroom home in 2007. 

Merging classic and contemporary, the freestanding home on 310 sqm had been a $725 a week rental in recent times.

The home comes with loft space and a garden edged courtyard with built-in barbecue.

McGrath NEUTRAL BAY agent Alex Myers suggested in the listed there is potential to build a second floor.

Balnaves and wife Marta have upgraded, recently settling on a four bedroom Cremorne home with entertaining terrace overlooking a pool and courtyard.

The Balnaves Foundation has provided a huge range of monetary support to medical research, the arts and theatre, particularly indigenous projects.

This article first appeared in the Sunday Telegraph.

Editor's Picks

City Beat November 2024: Melbourne property market continues to soften, but units hold up better than houses
Sherpa’s Perspective Helm to challenge Chevron Island apartment record
Third.i celebrate successful launch of Elevate, Hume Place apartments above Crows Nest Metro
MRCB clinch Sustainable Design Award and Best Apartment Architectural Design for 26 Vista, Surfers Paradise apartments
OSK Property takes out Best Apartment Development for BLVD in Southbank