Simon Tripp hopes feng shui prompts $20 million Duffys Forest acreage sale

Simon Tripp hopes feng shui prompts $20 million Duffys Forest acreage sale
Jonathan ChancellorSeptember 24, 2012

Jabulisa, businessman Simon Tripp's impressive 6.9-hectare Sydney northern beaches acreage,  has been listed for sale.

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The Tripps have reportedly spent millions of dollars developing Jabulisa, described as the "ultimate family resort", since they paid $6.3 million to amalgamate the land between 2006 and late 2007.

The listing agents, Richard Simeon and Mark Manners of Richardson & Wrench Mosman, expect Jabulisa to sell for more than $20 million.

"Its the ultimate family resort with championship tennis court, swimming pool, spa, gym, small lake, horse riding and nearby golf, fishing, shooting, swimming and much more," the marketing spiel says.

"Excellent feng shui throughout the property is a design feature, even the three street addresses have the ideal numbers 116, 118 and 88."

Jabulisa's inside photos on page 2

 


 

They also suggest it has comes with potential for redevelopment and subdivision, subject to council approval.

Tripp is tipped to interested in Fernhill, the Mulgoa rural estate that was the former home of property tycoon Warren Anderson.

Last year Fernhill was placed on the market by receiver KordaMentha with $50 million hopes.

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The Tripps, who have two keen equestrian daughters, relocated to Duffys Forest after selling their Warrawee mansion for $10.1 million in 2005.

The couple bought the Warrawee property for $3 million in 1999 and spent two years completing building works.

Jonathan Chancellor

Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.

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