Hawkesbury River

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Sentry Rock, the Hawkesbury River log cabin listed by the horse racing couple, Bob and Wendy Lapointe, is under offer.
They had $5 million expectations through Ray White Windsor agent Peter Chidgey for the <a href="https://www.realestate.com.au/property-house-nsw-spencer-124588930" target="_blank">Wiseman’s Ferry</a> retreat ahead of this week's scheduled auction.
They have owned the log cabin since 2011 when they paid $1.45 million for the retreat built by the late Sydney stockbroker, Rene Rivkin. 
It has been extensively expanded and renovated including a central spiral staircase which the Lapointe's imported from the United Kingdom.  
Rene Rivkin built it as a three bedroom house in the late 1990s but the Lapointes have added an extra wing.
Built by Appalachian Log Homes, the cabin was a favourite getaway for Rivkin, who used to fly or boat into the secluded riverfront location, set 60km North West of Sydney CBD.
"When Captain Arthur Phillip and his crew explored the Hawkesbury River in the 1780’s they came across a prominent, vertical slab of sandstone," the agent said.
"They gave this landmark the name Sentry Rock," he noted.
The Sentry Rock property is located on ten acres of flood free riverfront land with its main master craftsman built of Cypress log structure with cathedral ceilings and two separate bedroom wings.
All six bedrooms, four with ensuites, have views of the bushland and river. 
With no neighbours in sight on the Wisemans Ferry Road or on the other side of the river, the new owners will enjoy absolute privacy. 
The garden has an installed water fall and lily pond.
The riverside entertainment area comes with wood fired pizza oven, BBQ area and fire pit close to a sandy beach, boat ramp as well as a 33m x 7m munitions barge permanently moored for large deep water boat access.
The Lapointe's retain Muskoka Farm stud which is further down the road at Gunderman. 
Lapointe came to Australia when 26, later importing Kentucky Fried Chicken, Pizza Hut and Sizzler.
This article first appeared in the Sunday Telegraph.
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Hawkesbury River cabin, Sentry Rock, under offer

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The Hawkesbury River log cabin once owned by the late Sydney stockbroker, Rene Rivkin is back on the market.
Its current owners Bob and Wendy Lapointe have $5 million expectations through Ray White Windsor agent Peter Chidgey. 
Lapointe introduced takeaway chain Kentucky Fried Chicken to Australia.
<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/2017/02/07/log_cabin.jpg" alt="">
He has owned the <a href="https://www.realestate.com.au/property-house-nsw-spencer-124588930" target="_blank">Spencer</a> log cabin since 2011 when he paid $1.45 million for it.
Built by Appalachian Log Homes, the cabin was a favourite getaway for Rivkin, who used to fly or boat in.
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jchancellor-FAypfDUnLy

Rene Rivkin's former Hawkesbury River log cabin with $5 million expecations 

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Billionaire Brett Blundy has sold his luxury Hawkesbury River property, Sweven.
Ending a four-year on-off sales campaign, property data website Pricefinder has an $18.75 million notification on the sale.
A $7.3 million sale at Cattai set a year ago by Gendy and Hugh Parry-Okeden ranks as the highest sale at Cattai.
The Timothy Moon-designed property took three years at a $8 million cost on its 57 hectare estate which was bought in 2001 for $2.05 million.
The Timothy Moon design was completed in 2009.
Neville Rava, of Cutcliffe Property, declined to comment.
Brett Blundy listed his Rose Bay harbourfront at $45 million in <a href="https://www.urban.com.au/news/50692-brett-blundy-s-rose-bay-harbourfront-listed-at-45-million" target="_blank">February 2016</a>.
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Brett Blundy sells Sweven at Cattai for $18.75 million

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It's a billionaire trade for Sweven, the Hawkesbury River home of retail king pin Brett Blundy.
The buyer is AWF Capita, a company with interests associated with Nanshan Group director, Song Jianmin, according to The Australian.
The Nanshan Group owners the Riverside Oaks Golf Resort next door to Blonde’s Sweven.
The local director, who is leading the push for the company to move into the tourism and property sector, was the $7.5 million <a href="https://www.urban.com.au/news/59301-vaucluse-lighthouse-cottage-leasehold-sold-to-chinese-buyers" target="_blank">buyer of one of the Keepers Cottage's in Vaucluse</a> late last year.
He is the son of patriarch Song Zuowen who's net worth was tipped at $US2.6 billion by Forbes.
Sweven, an Old English word meaning dream or vision, has a treetop office with panoramic views and has a helipad making it just a short 45 minute commute from Sydney.
Blundy has been trying to shift the property since early 2015, asking around $20 million. Settlement records will show it fetched $18.75 million.
It's been a tidy profit for Blundy, who had Sweven up on rental websites raking in up to $17,500 a week.
He bought the 57 hectare estate and commissioned Timothy Moon to design the private sanctuary with the cost pegged at around $8 million.
Constructed in a series of linked pavilions with New Zealand schist rock and recycled sugar-mill timber, the home has five bedrooms, five bathrooms and separate self-contained accomodation.
It fronts the Hawkesbury River and features an alfresco living area that overlooks the infinity pool and cabana.
Blundy still waits a buyer for his Rose Bay record home. He paid $33 million for the Bayview Hill Road home just last year before quickly listing with <a href="https://www.urban.com.au/news/50692-brett-blundy-s-rose-bay-harbourfront-listed-at-45-million" target="_blank">around $45 million price hopes</a>.
The business tycoon now lives in Singapore.
Last year the Chinese company made headlines by securing a 20 percent stake in Virgin Australia for $260 million. 
Local land title rececords show Jeremy Song also owns a 320-hectare property at Jindabyne, and two Vaucluse residences -on Wentworth Road which was bought in 2009 for $6,888,000, and another on Hopetoun Avenue, St Malo bought as a 28-year-old in 2002 for $5 million. 
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Blundy sells Sweven to Chinese entrepreneur Song Jianmin

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An old 1950s Outward Bound property set in the Hawkesbury region has been listed for sale.
It last sold 17 years ago when bought by its next-door neighbour 17 years ago, Ian Gowrie-Smith.
The 3.2-hectare block at Fishermans Point on Berowra Creek has about a dozen buildings in original condition, including a 26-bedroom boarding house capable of sleeping 120 people, and a commercial kitchen and recreational facilities.
It has a price guide of between $4.4 million and $4.8 million through LJ Hooker Terrigal agent Tim Andrews, who expects it to appeal to buyers seeking a resort or health retreat.
The property was run as a Knox Grammar school camp before it was bought by its current owner.
Outward Bound Australia started its camping and adventure activities there in 1956 until 1974.
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Former Outward Bound camp in the Hawkesbury region listed

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The Ebenezer estate overlooking the Hawkesbury River owned by Australian water ski legend Ron Marks, has hit the market.
It's been in the Marks family for over 60 years and was where Ron learned to ski as a young boy.
Set on eight hectares with its own private 450 metre sandy beach, the riverfront home was custom-built 10 years ago by Craig Young.
A 450 square metre industrial shed, ideal for watersport equipment, and a private concrete boat ramp, sit in the grounds.
Starr Partners North Richmond Robbie Dunn is marketing the five bedroom <a href="https://www.realestate.com.au/property-house-nsw-ebenezer-127420430" target="_blank">Portland Head Road home</a> which can be bought complete with original artworks and full range of designer furniture.
He's asking $4.3 million with all the trimmings, or $3.9 million without.
Marks, an Australian and Master champion and World Slalom record holder, retired from his international career and started his own business.
The first RonMarks RM water ski was made in 1964 in a humble factory in Guildford, west of Sydney.
Now manufacturing water skis and a number of other water sport products, Marks exports the RM brand of water equipment to more than 63 countries.
The parent company Dynamic Products Corp remains headed up by Marks.
"When I started this business I began with a dream, and a passion, to design and build the calibre of products that would become recognised and appreciated as a symbol of excellence throughout the world," Marks says.
"I am indeed very proud that with the passage of time my goals have been achieved."
This article first appeared in The Sunday Telegraph. 
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jonathanchancellor-7SQnKwU6yx

Water ski legend Ron Marks lists riverfront home

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Sydney's north-west corridor has suffered the greatest decline in apartment values since their peak, according to data from Corelogic shows.
Re-sale prices of apartments have dropped 19% compared with their original selling prices at different times of their peaks over the boom over past few years. 
Apartments in the Hills and Hawkesbury area in the north-west corridor of Sydney peaked last year.
The downturn has impacted on new and established apartments.
Recently a three bedroom unit in a 1990s building at <a href="https://www.realestate.com.au/sold/property-house-nsw-baulkham+hills-127841946" target="_blank">4/32-38 Linton Street</a> in Baulkham Hills sold for $790,000, having traded six months ago for $820,000.
A nearby two bedder in a newer 2016 block at <a href="https://www.realestate.com.au/sold/property-apartment-nsw-baulkham+hills-127440366" target="_blank">110/1 Meryl Avenue</a> (top) recently fetched $690,000, down on its $728,000 off the plan sale in 2014.
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"While values may have bottomed for now there is still a lot of new unit stock to be completed over the coming years which could create more downwards pressure on values over time despite the stronger conditions recently," Corelogic senior analyst Cameron Kusher told The Australian Financial Review.
"I'd suggest it will take a long time for unit values in that region to recover back to their previous peaks," Kusher said.
"At their peak the median value of a unit in the Baulkham Hills and Hawkesbury region was in excess of $900,000 when you consider the distance from the city centre and the fact that house values are not that much more expensive it is not really a surprise to see large unit value falls in that region."
Apartment developers have flocked to the northwest region buoyed by the construction of the new Sydney metro, a fast train that runs as far as 50 kilometres from the CBD.
As for standalone houses, since the peak of their prices in July last year, prices in Sydney's inner city, inner south such as Alexandria, Waterloo and Zetland and the inner west such as Balmain have fallen between 10 to nearly 14%.
Values of standalone houses in North Sydney and the northern beaches have come down between 7 to 9%.
House prices in the eastern suburbs have fallen nearly 5% since last July.
Apartment values in Sydney overall, however have held strong mainly because of its affordability, Corelogic says.
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Baulkham Hills and Hawkesbury apartment values tumble 19% off peak pricing

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Fisherman's Point, an eight acre Hawkesbury River waterfront property previously used as an outdoor recreational camp, has been listed for sale.
The property, only directly accessible by boat, helicopter or seaplane, was once owned by Outward Bound Australia.
They ran a charitable camping and adventure organisation that began as a post-war mission to help boys become men.
Outward Bound sold the property in the 1970s to Knox Grammar for their camping and adventure programs.
<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/2018/9/12/hawk.jpg" alt="">
In 2000 Knox Grammar sold Fisherman's Point to London-based multi-millionaire and neighbour Ian Gowrie-Smith.
The boarding house style facilities with 26 bedrooms can accomodate up to 120 people, along with a recreation hall with full commercial kitchen.
<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/2018/9/12/ghost3.jpg" alt="">
LJ Hooker Terrigal agent Tim Andrews suggests tourism and hospitality uses including resort, health retreat or wedding venue.
He has hopes for between $4.4 million to $4.8 million for the four allotments that are being sold in one line.
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