Bradford and wife Alison have sold their grand property in Sydney’s eastern suburbs, while Lendlease clocks strong presales in Melbourne’s CBD.
Banking heavyweight and former NAB markets boss Drew Bradford and his wife, Alison, have sold their grand Woollahra mansion for slightly under the $20 million guide.
The couple launched the Victorian Italianate mansion in Sydney’s east to market in late July, and are understood to have sold to an unidentified buyer over the weekend.
Drew and Alison Bradford’s Ocean Street luxury home has sold for slightly below its $20 million guide.
The five-bedroom 1870-built abode in Ocean Street has previously undergone a redesign by Tanner Architects and features a marble and stainless-steel kitchen, a 1400 bottle climate-controlled wine cellar and Will Dangar-landscaped gardens featuring a heated pool.
The property – which backs onto the Republic of Serbia Consulate – last traded for $7.25 million in 2013.
The trophy deal was handled by agents Michael Pallier and Mary Lin from Sotheby’s, while buyers agent Sam Green, of Advantage, is understood to have represented the deep-pocketed buyer. All parties declined to comment on the sale.
Mr Bradford recently left the National Australia Bank after 12 years as executive general manager of markets, having previously headed up the global arm of Deutsche Bank’s listed derivates. He’s now part-time director of special projects at JellyC, a crypto fund manager.
The property comes with a 1400-bottle climate controlled cellar.
The sale ranks as the fifth-highest price ever paid in the blue-chip suburb, according to CoreLogic. The record is the $45 million paid by Balmain chief Andrew Griffin and his wife, Yelena Alpatova, in 2021 for Rosemont, the former home of Margot, Lady Burrell, and her late husband, Sir Raymond Burrell.
Just a few doors down, LaserClinic Australia co-founder Alistair Champion and his wife, Kate, have their historic mansion Icilus available for about $25 million through The Agency’s Ben Collier.
Staying in Woollahra, the Wallaroy Road mansion belonging to former star McGrath agent James Dack and his wife, Mary, the daughter of Hungry Jack’s fast food titan Jack Cowin, has been listed with price expectations of $36 million to $40 million.
Although selling agent Raine & Horne’s Alex Lyons isn’t naming a price, he did point to the recent $40 million sale of Hunter Valley pastoralists Camilla and Rob Cropper‘s Bellevue Hill home, last year’s sale of former Crown boss Rob Rankin‘s $35 million Woollahra estate, along with F45 co-founder Rob Deutsch’s $37.5 million Bellevue Hill buy this year.
James Dack and Mary Cowin Dack’s Woollahra home has hit the prestige market.
Mr Lyons said the property – which last traded for $10.6 million in 2011– represented the best opportunity in the 2025 postcode.
“It’s one of the best homes in Woollahra and one of the best homes on the market, having the court, the privacy and the aspect,” Mr Lyons said of the 1140 square metre landholding, complete with a pool, tennis court and five-bedroom home.
The five-bedroom home sits on a 1140 square metre block on Woollahra’s Wallaroy Road.
The property was previously rented by recently separated celebrity couple Hugh Jackman and Deborra-Lee Furness while he filmed of X-Men Origins: Wolverine in 2008.
Once a suburb associated with university students, pub rock and cheap Thai food, Newtown – in Sydney’s inner west – is officially well-heeled, thanks to the recent $13.5 million record sale of the converted warehouse home of former Star Casino boss Matt Bekier and his wife, Melinda.
Dubbed the ‘The Bakery’ after its former incarnation as a 1908 bread shop, the corner warehouse recently underwent a revamp helmed by Anna Carin Design Studio, and comes with a courtyard pool, concrete and oak flooring, steel frame doors along with Christian Lacroix and Cole & Son wallpapers and a custom mural by graffiti artist Tim Phibs.
The property was sold by The Agency’s Ben Collier and Brad Gillespie, a week before its scheduled auction.
The converted warehouse has undergone a redesign by Anna Carin Design Studio.
The sale follows a turbulent professional chapter for Mr Bekier, who quit as chief executive of The Star Entertainment Group in March last year amid reports of money laundering within its VIP business.
In Melbourne Docklands, Lendlease’s waterfront residential development Regatta at Collins Wharf has pre-sold two-thirds of its luxury apartment offering off the plan.
Adjacent to the construction giant’s Victoria Harbour precinct, construction on the Collins Wharf tower is expected to commence early next year with completion slated for 2026.
A render of one of the yet-to-be constructed apartments in Lendlease’s Collins Wharf project.
Designed by architects Warren and Mahoney, the project is a 29-storey tower of 317 residences, including a premium offering of luxury residences priced at $4.69 million.
The tower’s top offering includes five two-storey Skyhomes – three of which are still available – on level 27 with water and city views.
The tower is set to feature hotel-style lobby with concierge service, electric vehicle infrastructure along with wellness features including an indoor swimming pool, spa, sauna, steam room, and gym.
Lendlease’s head of apartments, Daniel Dugina, said the project was part of Melbourne CBD’s expansion west.
“Regatta at Collins Wharf is the next stage of our ongoing investment in the area, with the precinct’s location presenting an exciting opportunity for Melbourne’s city centre to stretch further westwards and engage with the water,” Mr Dugina said.
The Regatta’s top apartments are priced at $4.689 million.
The project is part of Lendlease’s expansion into luxury residential, following two major projects in Sydney’s CBD including the soon-to-be completed One Sydney Harbour in Barangaroo, and the yet-to-be-constructed One Circular Quay between the Sydney Opera House and Harbour Bridge.
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