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Philanthropic couple re-list $40m beachside unit with $5m discount

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Johnson, K. (2026, October 24). Philanthropic couple re-list $40m beachside unit with $5m discount. The Sydney Morning Herald. https://www.smh.com.au/property/news/philanthropic-couple-re-list-40m-beachside-unit-with-5m-discount-20261025-p616ox.html?ref=rss&utm_medium=rss&utm_source=rss_feed

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The Sydney Morning Herald · collected 2026-10-24 · by Kristy Johnson

Quick Summary

Peter Hunt and Tania de Jong, a philanthropic couple from Sydney, have re-listed their luxurious five-bedroom penthouse in Manly Beach with a reduced price of $35 million, down from its initial listing price of $40 million earlier this year. The unit, first purchased by Hunt for $12.2 million in 2010, is directly opposite the beach and features panoramic views along with high-end amenities such as a Caesarstone kitchen and private jacuzzi. The sale could potentially break Manly’s property record if it reaches or exceeds the new guide price.
Written by AI on 2026-10-24, from this article's own text only (the story summary below draws on all the coverage).

AI analysis

Story summary

Peter Hunt, a former investment banker and philanthropist, and his wife Tania de Jong, a soprano and social entrepreneur, have relisted their Manly penthouse with a price guide of $35 million after first listing it in February for $40 million. The five-bedroom, five-bathroom unit directly opposite Manly Beach was purchased by Hunt in 2010 for $12.2 million. The couple is selling because they are spending more time at their residence outside Byron Bay. If the unit sells for $35 million or higher, it would break the suburb record set in 2024 when a mansion was sold for $34 million to Wes Maas and his wife Emma.

Written for “Beachside Unit Relisted Discounted” on 2026-11-04, grounded in this article and the 0 other(s) covering the same event.

Story

📰 Beachside Unit Relisted Discounted
Economy/Business · 1 article(s) covering the same event.

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Claims extracted
36
sentences that state something as happening or true
Uncertain
3%
1 of 36 hedged ("reportedly", "may", "according to")
Leaning
not political
takes no side on a contested political question
Publisher signals
61/100
The Sydney Morning Herald's corrections and hedging, across everything collected from it. Not a measure of accuracy.
Outlets on this story
1
Economy/Business
Same framing elsewhere
1
articles that frame the event the way this one does
Analyzed 2026-10-24 · how these are computed

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Source leaning vs. consistency

Publisher

The Sydney Morning Herald · 6022 article(s) · 15 correction(s) detected
Running correction rate · 15 correction(s)

Who wrote this

Kristy Johnson
13 article(s) here · 1 carrying a prediction
🔮 The price wasn’t disclosed after the private treaty sale on May 27, leaving the settlement to reveal the price and buyer’s identity.
🔮 Hui Xu, who is selling the residence alongside Ken Jacobs – both of Forbes Global Properties – said the penthouse would appeal to two key groups.
🔮 “It’s not been an easy decision because I love Manly, and the unit is amazing and will never be replicated,” he said.
🔮 “We purchased Werrington House almost 15 years ago this week, determined to restore it to its former glory and take it to an entirely new level, sparing no expense in the process,” she said on Thursday. “We often reflect on what its previous occupants might have thought had they been able to see what the house would ultimately become.
🔮 Chen said the prized waterfront “will be highly sought after as the home itself is substantial and further enhanced by uninterrupted harbour views, a boat house and its own rare private jetty”.
🔮 Michael Pallier of Sydney Sotheby’s International Realty, who sold the residence alongside Pillinger’s Brad Pillinger, confirmed it sold for a figure around the $75 million guide, but would not divulge the exact sales price nor the buyer’s identity. However, a caveat on the title was lodged last week by Steven and Carol Moss.
🔮 William Brush of Manor Real Estate, who holds the Dural listing, declined to comment on the listing, vendors’ identities and decision to sell when contacted by this masthead. Inner-city living Angela Fleming, wife of the late Jim Fleming, who launched the Jewel supermarket chain, has bought into the new residential development at Castlereagh Street in the CBD, the former site of the David Jones menswear store. Settlement documents that emerged last month reveal Angela bought two four-bedroom, five-bathroom units, one for $15,215,000, and the other for $4.2 million.
🔮 One sold for $20.5 million and the other for $19.5 million, both to retirees. Jason Boon and Geoff Cox of Richardson & Wrench Elizabeth Bay and Potts Point sold both residences but could not divulge the buyers’ identities when contacted by this masthead.
🔮 Michael Pallier of Sydney Sotheby’s International Realty, who sold the residence alongside Pillinger’s Brad Pillinger, confirmed it sold for a figure around the latest guide but would not divulge the exact sales price nor the buyer’s identity. However, he did say the sale puts “confidence in the market” and that when there are price adjustments and vendors willing to meet the market, properties sell.
🔮 The sale comes after the Duncans in May last year paid $29.5 million for a Point Piper penthouse previously owned by Sue Ingham, widow of poultry business millionaire Jack Ingham.
Also by Kristy Johnson
Nothing else under this byline is closely related to this article, so these are simply their most recent.
All 13 articles by Kristy Johnson →

Topics

Byron Bay Dural Manly Manly Beach South Sydney

Subjects

Manly ORG · 5× Hunt PERSON · 4× Dural ORG · 2× Pillinger ORG · 2× de Jong PERSON · 2× Byron Bay GPE · 1× Manly Beach GPE · 1× Peter Hunt PERSON · 1× Tania de Jong PERSON · 1× Wes Maas PERSON · 1×

Narrative

El Jannah co-founders, Andre and Carole Estephan, have reduced the $11 million guide set in February for their Dural home to $8.95 million to $9.35 million, and the Newport mansion owned by Brook Adcock, the former Pandora Australia boss, has had its price guide reduced by $8 million, now on offer with a guide of $19 million.
framing: assertive · carried by 1 article(s) · first seen 2026-10-24
🔮 “It’s not been an easy decision because I love Manly, and the unit is amazing and will never be replicated,” he said.
2026-10-24 · The Sydney Morning Herald
Philanthropic couple re-list $40m beachside unit with $5m discount · assertive framing

Claims (36 extracted, 1 hedged)

Former investment banker and philanthropist Peter Hunt and his wife Tania de Jong, a soprano and social entrepreneur, have relisted their Manly penthouse with a price guide of $35 million. asserted
Hunt → reliste → million
The five-bedroom, five-bathroom, whole-floor unit that’s directly opposite Manly Beach, was first listed in February this year with the same agency and a price guide of $40 million. asserted
that → ’ → million
Hunt told this masthead they are selling because they are spending more time at their residence outside of Byron Bay. asserted
they → tell → Bay
“It’s not been an easy decision because I love Manly, and the unit is amazing and will never be replicated,” he said. asserted
he → love → Manly
Should a sale achieve the $35 million guide or higher, it would break the Manly suburb record that was set in 2024 when Wes Maas and his wife Emma bought a mansion for $34 million. asserted
Maas → achieve → million
A former South Sydney Rabbitohs player, Wes went on to create the Dubbo-based ASX-listed construction materials, equipment and services company Maas Group. asserted
Wes → go → company
Records show Hunt purchased the beachfront pad for $12.2 million in 2010. asserted
Hunt → show → 2010
Hunt and de Jong also own a property in Melbourne. asserted
Hunt → own → Melbourne
The Manly apartment offers panoramic beach views from the entertainer’s terrace and a private jacuzzi. asserted
apartment → offer → terrace
Communal areas in the complex include a pool and spa. asserted
areas → include → pool
Hunt was an investment banker for nearly 35 years, co-founded investment banking advisory firm Caliburn Partnership and was the executive chairman of Greenhill Australia. asserted
Hunt → co → Australia
In 2018, he established Mind Medicine Australia with de Jong, a charity to help those suffering with mental illness through the clinical use of psychedelic-assisted therapies. asserted
he → establish → therapies
Anthony Calacoci of Belle Property Northern Beaches is selling the Manly penthouse. asserted
Calacoci → sell → penthouse
Palatial Dural residence for sale A Dural mansion called Le Palais set on two hectares with a total of 11 bedrooms, 20 bathrooms and garaging for more than 40 cars, is on the market with a price guide of $41 million to $45 million. asserted
mansion → call → million
Property developer Sid Nassif of Northland Group, his wife Kawkab and his family, are understood to be downsizing. asserted
developer → understand → Group
Records show the site, which consisted of land and a half-demolished structure, was purchased for $1.75 million in 2013. asserted
which → show → 2013
The structure was demolished and the new mansion constructed. asserted
mansion → demolish → ?
Behind a private gated entrance lies a palatial home with four-metre-high doors, sculptural staircases, a glass-feature lift, chandelier centrepiece and internationally sourced marble. asserted
home → gate → doors
Other leisure zones include a pool terrace, swim-up bar, tennis court, cinema, gym, and basketball, golf and soccer facilities. asserted
zones → include → terrace
Ken Jacobs of Forbes Global Properties, who holds the listing alongside Pillinger’s Brad Pillinger, told this masthead you can’t compare a home of this calibre. asserted
you → hold → calibre
“We tend to understand property markets through comparison. asserted
We → tend → comparison
Occasionally, a property comes along for which there is simply no meaningful comparison. asserted
property → come → which
Le Palais is one of those rare properties,” he said. asserted
he → say → properties
Pillinger added: “Le Palais not only is the standout estate of the region but is world-class by every metric used in assessing a landmark property. asserted
Palais → add → property
The house price record for The Hills District was reset in July this year when a six-bedroom, five-bathroom, provincial-style estate in Middle Dural sold for $16.5 million. asserted
estate → reset → million
Vendor slashes asking price for Central Coast home Tony Denny, the former owner of an automotive company, has slashed the asking price of his Central Coast home to meet the market and sell. asserted
Denny → slash → market
Denny first listed the four-bedroom, four-bathroom residence in Wagstaffe late last year with a different agency and a price guide of $8 million to $8.5 million. asserted
Denny → list → million
It’s now listed at $6.95 million. asserted
It → list → million
“An 18 per cent price reduction on such a quality and unique property is quite dramatic, however one has to be realistic in these tough market conditions, otherwise you are wasting everyone’s time,” Denny told this masthead. asserted
Denny → have → masthead
Interiors feature hardwood floors, soaring ceilings, a stone kitchen and a home office that could be made into a gym. uncertain
that → feature → gym
French doors lead to a covered alfresco entertainment area and lawn, and there is a private pontoon jetty and renovated boathouse. asserted
doors → lead → area
Multiple prestige listings have seen a reduction in asking price recently, with vendors prepared to meet the market. asserted
vendors → see → market
El Jannah co-founders, Andre and Carole Estephan, have reduced the $11 million guide set in February for their Dural home to $8.95 million to $9.35 million, and the Newport mansion owned by Brook Adcock, the former Pandora Australia boss, has had its price guide reduced by $8 million, now on offer with a guide of $19 million. asserted
guide → reduce → million
Denny sold his dealership AAA Autos to Polish private equity firm Abris Capital Partners for $320 million in 2014. asserted
Denny → sell → 2014
He turned to property development as the founder and chief executive of Central Real Capital, now focusing on real estate private credit. asserted
He → turn → credit
Josh Canellis of Wiseberry Peninsula is selling the Wagstaffe home. asserted
Canellis → sell → home
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