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