Balnaves Foundation boss Hamish Balnaves lists in Crows Nest
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.
