Cottesloe

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There's whispers the secretive billionaire Roberts family, heirs to the Mutliplex fortune, have quietly spent $8.5 million in Cottesloe.

The five bedroom home was sold by Damian Kestel, a former non-executive director at Sun Resources, and wife Kristen, who commissioned the 2011 build after paying $1.4 million in 2002.

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Kestel has also been active in aquaculture pursuits. 

It will be Cottesloe's seventh sale over $5 million since early 2018. 

This article was first published in The Weekend Australian.

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Billionaire Multiplex heir Tim Roberts buys Cottesloe home

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Australian cricketer Mitchell Marsh has joined his brother Shaun in upgrading in Perth.
Mitchell has paid $2.75 million for a 1990s built home in Cottesloe, the beachside suburb north-west of the Perth CBD.
The heavily traded home, which only went up $50,000 from its 2012 sale, has four bedrooms and two bathrooms.
Its downstairs living areas open to the outdoors through large sliding doors.
Space Real Estate agent Justin Davies sold the home in just 16 days when asking for offers in the high $2 millions.
Mitchell, who has just undergone surgery on his groin, recently sold his former Bicton home for $2.38 million.
This article was first published in the Weekend Australian.
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Cricketer Mitchell Marsh upgrades to Cottesloe

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The Cottesloe home that AFL legend Sam Mitchell and wife Lyndall bought when Sam signed on as a player at the West Coast Eagles is under offer.
The Mitchell's bought the four bedroom home less than 18 months ago when Sam played out his final year of his career at the Subiaco Oval having previously won four Premierships at Hawthorn.
He is now the Eagles assistant coach, but seems likely to return east for an assistant coaching job.
The home was built in 2007 when owned by professor Edwin Jaggard and wife Pamela, who sold it for $2.1 million in 2013.
It only increased in value by $50,000 when the Mitchell's bought it three years later. They found time to completely renovate and refurbish the Hampton style home which features a rear swimming pool.
Wallace Real Estate Claremont agent Justin Wallace handled the marketing with $2.35 million expectations.
His West Coast Eagles side are firmly in the hunt for a top four finish despite three losses in a row.
They sit third, level on points with Collingwood in second and the Swans and Port Adelaide in fourth and fifth.
The Mitchell's have not written off Hawthorn completely however. They've only leased their four bedroom family home in Melbourne's inner east.
A tenant quickly snapped up the property for $1,800 a week late last year.
They bought the 1940s home for $1.82 million in 2009 and have since restored the home.
The family home set in 841 square metres of lush gardens has a home office and a gas heated swimming pool. It was once a feature on Better Homes and Gardens.
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Sam Mitchell's Cottesloe, Perth home under offer

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West Coast Eagles assistant coach Sam Mitchell and wife Lyndall are selling their Cottesloe home.
It was the home they bought when they moved from Melbourne where Mitchell had been the captain of the Hawks.
He spent a year as a player at the Eagles and made the move to the box at the start of this season.
The home cost them $2.15 million, which might look like a savvy purchase. It was just $50,000 more than it fetched in 2013.
Built in 2007, the four bedroom, three bathroom home is set in 490 square metres of low-maintenance gardens which features a swimming pool and alfresco.
The Mitchell's retain their former Hawthorn home, leasing it for $1,800 a week upon their move.
The family home, once a feature on Better Homes and Gardens, has a home office and gas heated swimming pool. 
This article first appeared in The Weekend Australia.
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Sam Mitchell looking to offload Cottesloe home

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Ermelo, a Cottesloe four bedroom house, built in 1913 on a large landholding has been listed for sale after 30 years ownership. 
It is listed by Olivia Porteous and Sarah Brouke from William Porteous Properties International Pty Ltd.
The present owners built an award-winning extension to add a new dimension to the home. 
<a href="https://www.realestate.com.au/property-house-wa-cottesloe-128467574" target="_blank">Located at 6 Clive Road, Cottesloe</a>, the Western Australian home features four bedrooms, bright family living/dining room, designed galley style kitchen and private courtyard.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/6/13/COTTESLOE%201.jpg" alt="">
Other features of Ermelo include ducted reverse cycle aircon, reticulation front and rear, high ceilings, and decorative wood panels. 
There is a self-contained studio apartment runs along the eastern wall.
It is within walking distance to trains, buses, schools, parkland, shops and both the river and the ocean are just minutes away.
The suburb's median house price sits on<a href="https://www.realestate.com.au/property-house-wa-cottesloe-128467574" target="_blank"> $2.1 million</a>, according to CoreLogic. 
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1913 Cottesloe trophy home Ermelo listed for sale

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Elizabeth Gaines, now the chief of Andrew 'Twiggy' Forrest's Fortescue Metals, and husband Kevin Manuel, have traded up in Perth, while staying in Cottesloe.
Having sold their luxury apartment for $3.35 million a few months ago, they've spent around $5.75 million on a nearby new home.
The five bedroom home with office, gym and lift was built in 2016. 
The now sold apartment (above) cost the couple $3.57 million in 2016 when they bought it from the Hughes car dealership family, shortly after Gaines was made CFO at the company.
The three level Cottesloe apartment was in a block of just four designed by the architect Blane Brackenridge. 
It became their WA base after they sold on Sydney northern beaches for $5.2 million early last year.
They resided there in the former home of model and Myer ambassador Jennifer Hawkins and builder husband Jake Wall at North Curl Curl.
Sydney's glamorous property developer couple sold their 2010 built home to Gaines for $4.1 million in 2014, in the Windy Dropdown gated community, having bought the building block for $1,375,000 in 2009.
This article was first published in the Weekend Australian.
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Elizabeth Gaines, Fortescue Metals boss, trades up in Cottesloe

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Busy playing in Japan, Wallaby veteran Matt Giteau has listed his Cottesloe home in Perth.
Giteau, who now turns out for Tokyo based Suntory Sungoliath, paid $2,225,000 for the <a href="https://www.realestate.com.au/property-house-wa-cottesloe-128107654" target="_blank">2002 built home near the beach</a> in 2007 upon joining the Western Force.
The marketing suggests Giteau hasn't spent too much time at the home in recent years.
Marcus Sproule at Mack Hall says its the 'ultimate lock and leave home'.
The home has three bedrooms, three bathrooms and an open plan living, kitchen and dining area which opens to an outdoor deck.
Giteau all but confirmed his retirement last month, despite having not played for the Wallaby's since 2016.
Considered one of Australia's greatest ever rugby player, Giteau played 103 games for the Wallaby's over 14 years.
This article first appeared in The Weekend Australian. 
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Wallaby legend Matt Giteau lists in Cottesloe

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Just near North Cottesloe beach, a Cottesloe three bedroom house with ocean views has been relisted for sale.
It is offered through Justin Wallace from Wallace Real Estate, who had thought it had been sold in January.
It as first listed in 2016 seeking offers in the mid $3 millions.
"Just a stone's throw to the North Cottesloe Surf Club, surrounded by restaurants and pubs and with the Eric Street Shopping Centre around the corner, this home truly captures the essence of beachfront living," said Justin Wallace.
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<a href="https://www.realestate.com.au/property-house-wa-cottesloe-122835798" target="_blank">Situated at 1/154 Marine Parade</a>, Cottesloe, the Western Australian home comes with three bedrooms, open plan kitchen and living, and north facing alfresco.
With floor to ceiling glass bi-fold doors surrounding the open plan kitchen, dining and living areas, the views can be enjoyed all day long. 
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Extra features include the plunge pool, reverse cycle air conditions, and double block electric blinds.
The early 1980s offering last traded in 2007 at $2.5 million when sold by Claudia Keech.
It is in a tightly held triplex.
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Second chance for North Cottesloe triplex offering

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The luxury Cottesloe apartment of Elizabeth Gaines, the new CEO to Andrew 'Twiggy' Forrest's mining company Fortsecue Metals, and husband Kevin Manuel, is under contract.
There was no price indication through Andrew Porteous at William Porteous Property International.
The apartment cost the couple $3.57 million in 2016 when they bought from the Hughes car dealership family, just after Gaines was made CFO at the company.
It became their WA base after they sold on Sydney northern beaches, the former home of model and Myer ambassador Jennifer Hawkins and builder husband Jake Wall at North Curl Curl.
The three level Cottesloe apartment is in a block of just four designed by the architect Blane Brackenridge. 
This article was first published in the Weekend Australian.
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Fortescue Metals boss Elizabeth Gaines' Cottesloe apartment goes under contract

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Kevin Manuel and Elizabeth Gaines, the new CEO to Andrew 'Twiggy' Forrest's mining company Fortsecue Metals, have listed their luxury Cottesloe apartment.
They bought the apartment for $3.57 million in 2016 from the Hughes car dealership family, just after Gaines was made CFO at the company.
It became their WA base after they sold on Sydney northern beaches, the former home of model and Myer ambassador Jennifer Hawkins and builder husband Jake Wall at North Curl Curl.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/2/13/gaines2.jpg" alt="">
The <a href="https://www.realestate.com.au/property-apartment-wa-cottesloe-127202766" target="_blank">Cottesloe three-level apartment</a> is in a block of just four designed by the architect Blane Brackenridge. It comes with interiors from New York designers Al Martinez of Interior Management and Greg Wright.
Andrew Porteous at William Porteous Properties International is marketing the home.
This article was first published in The Weekend Australian property section.
 
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