Steve Nasteski's Clovelly home sold for $7 million

Architect Paul Buljevic, from PBD Architects, and his wife, now call the Clovelly project that once appeared on ABC's Grand Designs as their home.

It fetched $7 million through Phillips Pantzer Donnelley agency which had a $6.5 million price guide.

It sold just before the onset of COVID-19 when the estate agency reported there'd been a quick 10 to 15 percent price fall by mid-April.

The agency then sent shockwaves with its forecast that coastal prestige prices would fall another 10 to 20 per cent and not recover for five to seven years.

The Clovelly home was featured in Grand Designs Australia in 2012 when built by Prebuilt in Melbourne as four modules.

The pods were trucked to Sydney in a convoy and lifted into position to create the uber modern, two storey residence.

Now featuring a jet black exterior, the zinc and timber clad customised home, which has undergone a renovation in recent years, has four bedrooms and a home office.

It was architect Pleaser Perkins who designed the home which sold for $6 million in 2017 to car dealer Steve Nasteski, who has made a $12 million sea change with his acquisition of the Wategos beachfront reserve, Whalewatchers from Salmat co-founder Peter Mattock and his wife Pam.

This article first appeared in The Sunday Telegraph