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Five years after the death of Lady (Mary) Fairfax some of the grand mansions that once made up her vast property portfolio are still being sold off, and the historic Orielton Homestead at Harrington Park is the latest up for sale.
The widow of Sir Warwick Fairfax died in 2017, aged 95, and the crown of that portfolio, her Point Piper home, the 1881-built Fairwater residence, sold a year later for a national house price record of $100 million to tech billionaire Mike Cannon-Brookes.
Orielton Homestead is set on 6.5 hectares at Harrington Park.
Orielton Homestead predates Fairwater by almost half a century, although its location on Sydney’s outskirts near Camden will ensure it is a small fraction of the price.
It was built about 1830 by Scottish grazier John Dickson as an outstation for his farm manager, and after a few extensions over the decades was significantly rebuilt in the 1870s and 1880s into the heritage-listed homestead that stands today by wealthy goldfields widow Harriet Beard.
The grand 26-room mansion was used as officer’s quarters during World War II and soon after purchased by Sir Warwick in 1944 alongside the neighbouring Harrington Park estate for £32,000 as a country retreat.
Lady Mary Fairfax at a Star City fundraiser in 2003.Credit:Steve Lunam
During the Fairfax family ownership the 800 hectares was predominantly a Poll Hereford Stud and for a few years home to Lady Fairfax’s cut flower business, until 1986 when the couple announced plans to convert it into a residential development.
The first blocks of land were released to the market in 1994, but not their Harrington Park Homestead. It was retained as their own, to be sold off by Lady Fairfax’s estate two years ago.
Before she died, Lady Fairfax instigated an extensive restoration of Orielton Homestead, that ultimately took three years and was completed in 2018 to create what is now a six-bedroom residence with drawing room, dining room, music room, library, sitting room, billiard room, dairy room, lower kitchen and a cellar.
Harrington Grove’s Carrie Kable said there is no guide for the 6.5 hectare property, but the Harrington Park Homestead’s $4 million sale price of two years ago will no doubt be the closest comparable for buyers.
The Bruce Stafford-redesigned house is set on the Kurraba Point waterfront with a private jetty.Credit:Domain
The Kurraba Point waterfront home of former BT chief executive Brad Cooper and antique dealer Jo Walker is among the first notable listings to hit the market for the post-school holiday period before the market bumps into summer break.
Brad Cooper is the former chief executive of BT Financial.Credit:Christopher Pearce
There was no response to inquiries about the listing from Raine & Horne Mosman’s Shann Warner and Brendan Warner, but a source suggested a guide of more than $20 million.
The three-level residence with private jetty and pool scored a major rebuild and extension by architect Bruce Stafford soon after it last traded in 2009 for $7.6 million when sold by Patricia and Greg Karedis, the son of liquor industry pioneer and rich lister Theo Karedis.
The Stafford redesign was completed in 2013, and a new harbourfront swimming pool and boathouses added in 2019.
The local record stands at $19.5 million set by one of its neighbour waterfront homes sold by former Woolworths boss Bill Wavish and his wife Vonnie in 2020.
Sue Ingham’s Point Piper apartment is one of six in the Alex Popov-designed block.
Sue Ingham, widow of the late chicken and thoroughbred racing billionaire Jack Ingham, is in a selling frame of mind, listing both her Point Piper home and an investment pad in Manly for auction.
Sue Ingham listed two apartments on either side of the harbour in the one week.Credit:Mark Stanley
Her Alex Popov-designed apartment on Seven Shillings Beach is hoped to set an apartment record for Point Piper given a guide of $23 million by TRG’s Zac Rabin ahead of the October 18 auction.
Ingham was the first buyer into the block of six in late 2010, paying $12.245 million, but the building high was reset in 2020 at $18 million when Bill Malouf sold the apartment of former Sydney Lord Mayor Nelson Meers to businessman Michael Zammit.
Over the harbour, Ingham’s two-bedroom investment pad she bought in 2017 for $1.542 million goes to auction on November 5 with a $1.75 million guide through McGrath’s Matt McEwan.
Hong Kong-based businesswoman Huanhuan Zheng never lived in her four-bedroom spread in Crown’s One Barangaroo tower, despite paying $22.5 million for it in April last year with the help of non-bank lender Assetline.
Her absence from Sydney is a big reason why a year after she settled on the north-facing apartment it is for sale with a guide of $29 million through The Agency’s Steven Chen.
The four-bedroom, four-bathroom apartment is one of the few apartments up for resale in the Barangaroo tower.
It is one of the few resales in the Wilkinson Eyre Architects-designed building, which currently holds the crown for Australia’s most expensive single apartment sale of $72 million to former Crown owner James Packer.
The only other resale in the building was a three-bedder bought by Wai Yee Ng in April last year for $12.5 million and sold 10 months later for $13.4 million to lift company businessman Milan Debelak for $13.4 million, which would have just recouped Ng’s stamp duty on the purchase price.
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