Retail chief Mark McInnes has made his affection for Melbourne - and his recently purchased $12 million Toorak mansion - official by listing his NSW beachfront weekender in Coalcliff.
McInnes was the boss of David Jones in 2007 when he bought the two-storey house for a then record high of $2.5 million as a getaway from his North Bondi spread.
Three years later McInnes moved to Melbourne to take up the job as chief of Solomon Lew's Premier Investments.
A $3.3 million guide ahead of the November 11 auction date has been set for the beachfront property.
The Coalcliff holiday market has proved a bullish one in the past year, with a few sales of $2 million and more joining the McInnes property at the high-end. The new local record was set at $3,387,000 in October last year by a beachfront house a few doors away.
McInnes's North Bondi spread is expected to hit the market in coming weeks.
Harbour views for $20 million-plus
The almost 2000 square metre property on Hillside Avenue has panoramic views over the top of Kincoppal Rose Bay to the Harbour Bridge, and hits the market having been recently updated throughout with new wiring and finishes.
Teplitsky bought it on a delayed settlement in 2015 for $17 million through a deal brokered by Pillinger's Brad Pillinger from dentist Le Tran. At the time Le was trading over to the $16.1 million house in Point Piper of Seven's commercial director Bruce McWilliams and his wife Nicky.
The Teplitsky property returns to the trophy shelf with Brad Pillinger and Alison Coopes, of her eponymous agency, for north of $20 million.
Share shop founder trades up to Vaucluse
Matt Leibowitz, the ex-trader who co-founded international share shop Stake, has a new home in Vaucluse thanks to his recent purchase of a $4.55 million house in Vaucluse.
Leibowitz, who founded the fintech with Dan Silver and Jon Abitz, is expected to move into the Fitzwilliam Road that had recently been marketed by James McCowan, of Sotheby's International, on behalf of Aitken family patriarch John Aitken.
Aitken, dad to celebrity money man Charlie Aitken and former ANZ stockbroker Angus Aitken, has owned the property since 1977, paying $125,000 to the late stockbroker Wyndham Rofe.
Historic estate seeks new owner
One of Wahroonga's original residences, the historic Redhall estate of the late transport and logistics industry boss John Strang, AO, and his widow Allison is for sale for only the second time since being built.
The 1907 Federation house was built for flour-miller and staunch Presbyterian Sir Robert Gillespie, with major improvements in the 1930s that included the elaborate sunken garden inspired by the English gardens of Gertrude Jeckyll that remains today.
After Sir Robert died in 1945, the property was transferred to his daughter Jean Winton Ward, who sold it to the Strangs in 1976 for $178,000.
Beautifully maintained for the 41 years since, it sits on almost 5000 square metres with the historic home set behind a circle driveway and a tennis court and swimming pool on the grounds.
Strang, who was chairman and owner of the Strang Tradex Group, died a year ago, and the property has been listed with Darren Curtis and Martin Ross, of Christie's International, for more than $7.5 million.
Reno-ed and ready to sell
As the central business district's harbourfront residential towers score increasingly bullish sales results, the founder and chief of sustainable development outfit Diversified Property Group Darren Pearson has made a timely decision to list his recently renovated penthouse in the Highgate building.
Having bought the two-storey spread in 2013 for $3.4 million from China-based owners Peter Zhe Kuk and Hsin-Yi Kuan, Pearson gutted it and set about reconfiguring the floor plan to allow the living rooms to take in the Opera House and northerly harbour views.
As the hammers are packed away and the sale campaign begins on Pearson's spread, work is just starting on the $6.25 million penthouse next door bought a year ago by Business Council of Australia president Grant King and his wife Jenny.
Pearson's three-bedroom spread across 290 square metres is expected to set a building record when it sells through Darren Curtis and Martin Ross, of Christie's International, and Travis Reeve, of Vanguarde, given a guide of $13 million to $14 million.
Pair go full circle
Property funds management veteran Nick Harris and his wife, interior designer Isabelle, will surprise no one with the listing of their charming Roseville home. After all, it's no secret the couple are making a return to their former Centennial Park neighbourhood as the recent buyers for almost $13 million of the historic Crossways mansion.
In a touch of synchronicity, the Harris purchase tops the $12 million high of two years ago set by the sale of the nearby mansion Braelin, which is the former home of the Harris clan from 16 years ago.
Braelin was sold by Nick and Isabelle Harris in 2001 for $3,175,000 to recruitment consultant Brian Russell, who passed it to car dealer Ian Pagent in 2009 for $8.2 million, who then set the suburb high with his 2015 sale to tech billionaire Mike Cannon-Brookes.
Harris crossed to the north side in 2009, paying $3.15 million for a Federation arts and crafts residence in Roseville.
A major renovation followed with a rear extension by architect Phillip Arnold, new interiors throughout by Isabelle's own firm Isabelle Harris Design and a Myles Broad-designed garden.
The result goes to auction on October 21 with a guide of $5 million through Scott Farquhar, of McConnell Bourn.
No word on prices
Corporate advisor Garren Cronin, has sold his Balmoral Beach home for about double the $4.35 million he paid for it in 2013, although a redesign by Corben Architects will have eaten any substantial windfall on the sale.
The exact price will await settlement given no comment by McGrath's Michael Coombs, who was asking $8.5 million before it sold.
Coombs also sold Cronin into his nearby house on Mistral Avenue for $10.35 million in May, which proved a decent windfall for investment banker Mike Messara. Messara only owned the property less than two years, having paid $8.25 million in 2015.