Insurance regulator Geoff Summerhayes lists in Cremorne Point
Insurance regulator, Geoff Summerhayes, and his interior designer wife, Henrietta, have listed their Cremorne Point home.
It coincides with his forthcoming departure from Australian Prudential Regulation Authority which sees plans to move to their 20 hectare Berry property on the NSW South Coast.
The six-bedroom Iredale Avenue, Federation residence on a 607 sqm block was a duplex when the then Suncorp Life chief bought it in 2007 for $2.3 million.
The pool was installed in 2008.
It has since been restored into a family home with space for the seven kids the couple share between them.
The Berry property produces grass-fed lamb for their select clientele.
The home comes with $5.5 million to $6 million hopes through Sotheby’s International.
The farm cost $910,000 in 2014.
Summerhayes, who said it had always been his plan to step down after his five-year term, will look for some non-executive roles.
