Castlecrag

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The billionaire founder of Platinum Asset Management Kerr Neilson has spent $5.3 million on a waterfront reserve Castlecrag trophy home.
The mid-century modern home, with views of Middle Harbour, sold at June auction.
Blindley House was designed by architect John M Brindley in 1955 as his own residence.
New owners moved in during the 1960s and added an extension.
It was sold by the retired Sydney surgeon Frank Fisher and his wife Penelope, who had lived in the home for more than 50 years.
The six bedroom, two bathroom house sits on a 1,581 sqm block.
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Kerr Neilson buys mid century modern Brindley House in Castlecrag

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A tightly held property that fronts Sydney Harbour is on the market for the first time in 80 years.
It is being marketed by Ray White Crows Nest and Lower North Shore sales agent Chris Keane as “the most secluded property on Sydney Harbour”.
The heritage listed three bedroom house at <a href="http://ecomms.raywhite.com/collect/click.aspx?u=jRYOrR8N39R+6hBQZ7yXMt0Z3VIjNMZGYOibd6Xun2zx4tHhzJlIDs8CmWXJrUBOBNnPZiwsatQ=&amp;rh=ff004334d3569497d72c695cef41a2b0debde6d7" target="_blank">233 and 233a Edinburgh Road, Castlecrag</a> was built in 1912 out of Canadian redwood.
The north-east facing, 6500 square metre property is predominantly bushland on the edge of the harbour in Sugarloaf Bay.
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Vendors Terry Hey of Carlingford and his sister have decided to sell the family property.
“It would have to be the most photographed property in Middle Harbour as every boat that comes past here stops to take a photo. It’s such a great location and it’s a once in a lifetime opportunity for a lucky buyer,” Hey said.
“Our father (Alfred) bought the property at age 24 years old in 1938 and he moved back into it in the 1970s and lived there for many years before he passed away at the of age 99 years.”
“The tidal pool is adjacent with the heritage listed house and while you cannot own the tidal pool the rates with Maritime are very reasonable.
“There is nothing like this in Sydney Harbour for its bushland and isolation.
“The property has been in the family since the 1930s and in the last 40 years I have been looking after the place but it’s time for us to move on.”
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Keane said it was a unique opportunity for buyers.
“This property and land with both lots, totals more than 6500 square metres (approx) which is a rare commodity in Sydney and Australia for that matter with the Australian Bureau of Statistics estimating an average Aussie block size of 474 square metres,” Keane said.
“It has been in the same family for over 80 years and is one of only three homes that were positioned down on the water overlooking Sugerloaf Bay.”
“This is the only one of the three that remains privately owned. The other two properties are owned and rented out by council. This is literally a once in a lifetime opportunity said.”
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Home on Sydney Harbour listed for first time in 80 years

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Pangloss, a Castlecrag four bedroom home of both architectural and historical significance, is set for September 27 auction. 
It has been listed by Bernard Ryan and Chris Keane from Ray White Lower North Shore. 
Defined by its two symmetrical wings and natural sandstone, the design of Pangloss at<a href="https://www.realestate.com.au/property-house-nsw-castlecrag-129203662" target="_blank"> 3 The Bastion</a> is an original compilation between two of Australia's most noteworthy architects, Walter Burley Griffin and Eric Nicholls.
The home comes with the theatrical circular living room, formal dining room with Art Deco fireplace, multi-purpose TV room, kitchen with integrated Miele dishwasher, Master suite pavilion, and other three bedrooms. 
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Other highlights include heated saltwater pool, Tallowwood timber floors, garden water system and landscaping including vine covered turrets, lush gardens and outdoor shower.
It is within walking distance to celebrated restaurants and cosmopolitan cafes along with popular schools and express buses.
The suburb's median house price sits at <a href="https://www.urban.com.au/expert-insights/investing/3895-castlecrag-nsw" target="_blank">$2.78 million</a>, according to CoreLogic. 
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Walter Burley Griffin and Eric Nicholls collaboration in Castlecrag set for auction

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The Bulwark is one of Castlecrag's premier addresses and is where some of the finest examples of architecture from the late Bill Lucas are located.Bill Lucas are located.
Lucas built his family home with architect wife Ruth Harvey on the bushland street in 1957.
Dubbed The Glass House, constructed out of steel and glass, the four bedroom home was the first Lucas built on The Bulwark.
It last traded for $560,000 in 1998.
A decade later he would put his name to the two neighbouring homes.
Two years ago one of the homes sold for $2,055,000, and now the home next door is up for sale.
The <a href="https://www.realestate.com.au/property-house-nsw-castlecrag-128323794" target="_blank">four bedroom family home</a> retains its Mid-century modernism, with split levels, white painted ceilings, open treat stairs, slate floors and a fish tank.
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It spans three storeys with six different levels and integrates sandstone boulders that form part of the walls in the lower levels.
Entry to the home below street level is through a semi-tropical landscaped garden, with a curved path leading to a bridge across to the front door. The 740 sqm parcel of native bush leads down to Sailors Bay.
A number of outdoor decks and balconies overlook Castle Haven Reserve.  
Modern House agent Marcus Lloyd-Jones has the listing. 
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In his early days, Lucas designed Moonbah Ski Lodge in Thredbo.
He was a part-time lecturer at the School of Architecture of the UNSW for a decade.
He and Harvey headed up the Paddington Society, which prevented the inner city suburb from comprehensive redevelopment and keep its charm and grandeur.
Worked on an off with Cracknell &amp; Lonergan Architects.
 
 
  
 
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The Bulwark, Castlecrag's Bill Lucas Mid-century modern home listed

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A four-bedroom home at 7 The Scarp, Castlecrag sold at weekend auction for $3.4 million through Phillips Pantzer Donnelley.
The Alex Popov-designed residence is known still among the neighbourhood as "Jane Campion's house."
But it was offered by Axolotl co-founder Kris Torma and his partner, Suzanne Dutton.
The Oscar-winner had sold the property in 2008 for $1.65 million.
Leonard Teale, the 1970s actor known for his role in TV drama Homicide, called The Scarp property home until he died in 1994, and his wife Liz Teale sold it in 1998 for $900,000.
The price guidance was $3 million to $3.3 million.
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Alex Popov-designed Castlecrag trophy sold

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Historic Duncan House, which is quintessential Castlecrag, has been sold.
It was the last house in the suburb designed by architect Walter Burley Griffin when built in 1934 for Frank and Anice Duncan.
It features a distinctive facade of sandstone and knitlock concrete blocks. 
It has only had the three owners selling first in 1989 at $430,000.
The late Dick Crebbin, who was chairman of the Marrickville Holdings margarine manufacturing company, and his wife Joan purchased it in 1997 for $1,075,000, having sold their nearby Penhallows estate.
<a href="https://www.domain.com.au/real-estate-agent/heidi-king-820394/" target="_blank">Heidi King, of LJ Hooker Castlecrag</a> had the offering listed for recent auctions with expectations around $3 million.
King said it was the vision of the original Castlecrag where closeness to the garden and nature were integral elements of housing design.
"A rare opportunity to secure one of the 14 Burley Griffin designed homes," she said of the waterfront reserve home which has an 1989 addition at the front of the four bedroom house.
The Duncan's inspired the formation of the Walter Burley Griffin Society.
This article first appeared in the Sunday Telegraph.
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Historic Duncan House, Castlecrag, sold

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Former Macquarie Bank executive Michael Carapiet and wife Helen have listed their long-held family home in Castlecrag.
The couple have owned the five bedroom home with swimming pool and spa since paying $1,865,000 in 1998.
McGrath Northbridge agents David Howe and Harriet Halmarick have a March 4 auction guide of $5.7 million to $6.2 million.
The couple are off to Northbridge.
Michael is chair of the ASX-listed Link Group. He was a member of Macquarie Group's Executive Committee from 2005 until he retired in 2011.
The veteran investment banker headed Macquarie Capital during Macquarie's rapid growth as an investment bank. 
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Former Macquarie Bank executive lists in Castlecrag

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Dr Stanley Quek, owner of diversified real estate group Greencliff, has bought the Quadrangle Shopping Village in Castlecrag, on Sydney’s lower north shore for $25 million.
The neighbourhood shopping centre is located on the corner of busy Eastern Valley Way and Edinburgh Road.
It has been acquired from the Mok family who had held the property for over 30 years in an off-market direct yield of just under 5 percent.
Current tenants of the shopping centre include IGA, Rodney Clark and Australia Post, as well as a number of convenience retailers and food and beverage operators.
The purchase represents Greencliff’s continued diversification in the property space following Dr Quek’s retirement as CEO and chairman of Frasers Property Australia.
Dr Quek said he wanted to bring "exciting concepts" to the neighbourhood village.
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Greencliff's Stanley Quek acquires Castlecrag Shopping Village

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Optometrists Anthony and Gina Chapman-Davies have listed their waterfront Castlecrag property.
It was built by a family member in the 1960s.
Set on a 1005-square metre block and inclusive of a boatshed, jetty, slipway and pontoon, the four-bedroom house spans two floors, with living areas and a bathroom on each level.
There are DA-approved plans to rebuild.
The property is listed for September 17 auction with Heidi King of LJ Hooker Castlecrag who has $5 million hopes.
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Castlecrag offering by optometrists

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Relatively low auction numbers continue to contribute to high clearance rates.
Although the 471 auctions listed on Saturday were higher than the previous weekend’s 394, auction numbers remained seriously below the 727 auctioned on the same weekend last year.
Regional results were remarkably consistent, with all areas sharing in the booming market, Dr Andrew Wilson at Domain advised.
The upper north shore recorded the highest clearance rate at 88.9 percent and the highest sales at 48.
This was followed by the lower north at 87.5 percent, the south at 86.3 percent, the northern beaches at 84.4 percent, the central coast at 83.3 percent, the north west at 81.8 percent, the inner west at 81.1 percent, Canterbury Bankstown at 79.3 percent, the west at 78.3 percent, the south west at 77.8 percent and the city and east with a clearance rate of 77.1 percent.
Notable sales reported at the weekend included a six-bedroom home at <a href="https://www.domain.com.au/219-edinburgh-road-castlecrag-nsw-2068-2012926449">219 Edinburgh Road, Castlecrag</a> (above) sold for $3.65 million by Richardson and Wrench Castlecrag and Northbridge/Sotheby’s Realty.
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Castlecrag

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