Finger Wharf

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Veteran radio broadcaster John Laws has sold a longtime property investment in the Woolloomooloo Finger Wharf.
But it is not the two storey trophy apartment held by Laws and his wife Caroline since they made the move from Queen Street, Woollahra.
The redundant investment - an apartment, car space and prized marina berth - was sold off market for $2.9 million.
The investment cost $660,000 off the plan in 1997, with the berth costing $340,000 in 2006.
The apartment has been sold to Sascha Griffin, the entrepreneur who made her name as the Pinklily shoebox queen, and her husband Scott Feneck. They recently pocketed $7 million plus in the sale of their six bedroom, eight bathroom home, once known as Petersham Fire Station, which came with approval for a 13 room boutique hotel.
The finger wharf apartments were completed in early 2000 by the Hunters Hill property developer Lang Walker after the wharf was saved from demolition in the early 1990s.
Built between 1910 and 1914, the wharf, at 401 metres long, is the longest timber-piled wharf in the world.  
Laws, who has owned at the wharf since the early days of its apartment conversion, has been a regular at its restaurants. 
His initial 258-square-metre patio retreat - which included two car spaces and a berth - cost $3 million in 2000.
Laws expanded his ownership upstairs when he paid $15 million four years later with a purchase from agri-business investor Rodney Price and his wife Loeen.
The 580-square-metre apartment acquisition came with two 90-square-metre balconies and included a 40-metre berth on plus six car spaces.
There are just the nine modern units at the tip of the wharf. 
Their record price exceeded the $14.35 million paid in 2003 by actor Russell Crowe for a third-floor apartment at the wharf.
Laws, a legend of Australian radio, offered a distinctive voice which earned him the nickname the Golden Tonsils.
Despite retiring in 2007, he returned to radio in 2011, as the host of a morning program on 2SM and the Super Radio Network.
This article first appeared in The Sunday Telegraph
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John Laws sells Finger wharf investment and boat berth

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The Ingham family have bought the Finger Wharf apartment of digital media entrepreneur Mark Dalgleish for $6.06 million.

<a href="https://www.realestate.com.au/sold/property-apartment-nsw-woolloomooloo-123625274">The three-bedroom Woolloomooloo apartment</a> was listed last year by Ray White Double Bay agents Elliott Placks and Richard Faludi.

 This luxurious residence is one of only eight apartments at the exclusive northern end of the Finger Wharf, placed within a stroll of galleries and celebrated waterfront eateries.

The purchase is through a company with the shareholding held by Susan Ingham, widow of the late chicken and horse racing tycoon Jack Ingham.

The Point Piper-based Dalgleish bought the apartment in the Lang Walker development as an investment in 2010 for $4.5 million from Port Macquarie’s former Liberal branch president Ken Dodds.

The Port Macquarie property developer had spent $6 million to upgrade into Woolloomooloo Finger Wharf apartment in 2007 when the unit was bought from the executors of the late car dealer Peter Warren, who had paid $2.5 million in 1999. The three-bedroom apartment with two car spaces sold in 2010 through Elliott Placks of Ray White Double Bay in conjunction with Bill Bridges.

<h2>NSW properties on the market right now:</h2>

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[smartcode_project:default project_id=6201]

[smartcode_project:default project_id=7758]
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Ingham family purchases Finger Wharf apartment

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Actor Russell Crowe has quietly listed his Woolloomooloo Finger Wharf apartment as his matrimonial settlement with Danielle Spencer moves to its conclusion.
The vast harbourfront apartment has been an off market listing over the past month.
Already the buyer feedback is that it will be hard pressed to fetch the $25 million Australian apartment record, but Crowe is said to be realistic and wants it sold.
The Oscar-winning actor and Danielle were married in 2003 and separated in 2012. 
The home of Crowe and Danielle Spencer set a record apartment price in 2003 when it cost $14.35 million.
No other apartment comes close in size with some 1000-square-metre at the tip of the <a href="https://en.wikipedia.org/wiki/Finger_Wharf#/media/File:Woolloomooloo_Bay_Sydney.jpg" target="_blank">Finger Wharf</a>.
The offering includes a 35-metre marina berth and seven car spaces. 
Estate agent John McGrath, a former Sydney Boys High classmate of Crowe, has had select agents from his agency take buyers through over the past few weeks.
Buyers agents have been approached to present qualified buyers.
Crowe is only the second owner of the modern apartment on the tip of the heritage shipping wharf.
He bought it from the Nutrimetics founder Imelda Roche and her husband, the property developer husband Bill Roche.
The Roche's had bought it off the plan in 1998 for $9.8 million from the Walker Corporation.
Crowe previously owned the historic Elizabeth Bay residence Berthong, which he sold in 2003 for $11.5 million and which has been recently listed with $37 million to $40 million hopes. 
In 2011 Crowe and Spencer spent $10 million on the Rose Bay trophy home, Te Puke after a four-year search.
Along the way they inspected the $50 million-plus Altona on the harbour in Point Piper in 2007, as well as unsuccessfully seeking pricey inland residence Le Manoir at Bellevue Hill, which fetched $23 million in 2009.
Spencer was always keen to spend more on the family home, while Crowe, prefered to keep his substantial Woolloomooloo apartment as a bolthole and limit the purchase.
Te Puke, a 1909 house updated with a 1927 Arts and Crafts-style additions, has been Spencer's home since their separation four years ago.
Crowe retains his 320-hectare property in Nana Glen, near Coffs Harbour. 
The recent relationship Danielle has with her beau, Ad Long has triggered the decision to sell much of their property portfolio.
Crowe has also signalled he intends listing his Kingsford block of investment flats which have been the home of his former band members.
Crowe is expected to secure a Sydney base once the apartment is sold.
Before construction of the overseas passenger terminal at Circular Quay, the finger wharf was the main berth for overseas passenger liners.
It was rescued from demolition in 1991 after plans for a 440-berth marina were ditched.
Built between 1910 and 1914, the wharf, at 401 metres long, is the longest timber-piled wharf in the world.
This article first appeared in the Saturday Daily Telegraph
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Finger Wharf

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