Kathryn Welling, Property journalist
Updated 15 Sep 2023, 4:55pm
First published 15 Sep 2023, 2:16pm
118 Booralie Rd, Duffys Forest has sold for a suburb record.
Finance entrepreneur Simon Tripp and his wife Brenda have sold their Duffys Forest acreage for a suburb record, believed to be in the mid-$14m range.
The couple have moved to Whale Beach — to acreage owned by Jennifer Hawkins and her husband Jake Wall — and had briefly listed Jabilusa, on Booralie Rd, as far back as 2014.
Three agents later Darren Curtis, of Christie’s International, had four or five groups interested in the estate with its double Olympic size floodlit horse arena, championship-size tennis court and 17m swimming pool and it sold this week.
Curtis confirmed the six-bedroom property had sold but couldn’t reveal the price.
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The 17m pool was one of the attractions.
It also had impressive interiors.
It last had a guide of between $14m and $15m and locals are saying it has taken the suburb record, which stood at $14,375,000 for acreage at 394 Wyong Rd, in late 2021.
What he did say however is that following Covid, fewer buyers are fixated about buying in a particular area.
“I am able to show what $10m will buy you in the eastern suburbs, Hunters Hill or Palm Beach and people are becoming more flexible,” he said.
“I am selling apartments in the eastern suburbs for $20m,” he added.
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Darren Curtis, of Christie’s International, had four or five groups interested.
He sold it this week after several failed campaigns with other agents.
He said extended families from the eastern suburbs and mainland Chinese families valued the space on offer in Duffys Forest — there have now been three sales north of $14m in the suburb and even nearby Terrey Hills is seeing land sales of $10m.
Jabilusa means “place of happiness”.
The Tripps bought the acreage in 2007 for $2.8m and set about building the equestrian estate with paddocks, stables, two sets of guest accommodation and a separate theatre in 2008.
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