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Tech entrepreneur Robin Khuda has followed up last year’s purchase of his almost $20 million forever home on Balmoral slopes in typical Mosman fashion, buying the house next door for more than $10 million.
The Balmoral Avenue house sold last year for $7 million and resold recently for more than $10 million.Credit:
AirTrunk chief Robin Khuda has bought again in Mosman, this time next door to his forever home.Credit:Janie Barrett
Settlement will confirm the bullish sale figure, coming amid suggestions the sale price could be as high as $11 million. At that level it would represent a $4 million jump in value for the Federation bungalow in one year.
Cashing in on the deal of a lifetime is Annelie McNamee, the wife of Macquarie Capital’s investment director John McNamee, who bought the house on 670 square metres early last year for $7 million.
Khuda, the founder of hyper-scale data centre operator AirTrunk, and his wife Melea Walker-Khuda were long-time trophy home hunters locally until last year when they bought the mansion on a double block on Balmoral Avenue for about $19.5 million with plans to develop the site into their family home.
The Khudas are yet to settle on their $30 million parcel, but when they do consolidate the blocks they will join a long list of locals who have bought their neighbours’ homes to create larger estates, such as grocery businessman Roy Manassen, heiress Ros Oatley, artist Ken Done and rich list scion Markus Kahlbetzer.
Carly Sahyoun – the 30-year-old wife of Andy Nahas, who was until recently secretary of Coronation Property headed by his brother Joe Nahas – has no sooner pocketed a more than $10 million capital gain on the sale of their Bellevue Hill home than Nahas has listed his luxury apartment in the CBD.
The three-bedroom spread on level 13 of the King & Phillip Residences overlooking Hyde Park was purchased by Nahas off the plan in 2017 for $5.6 million, settling to his name soon after completion last year.
CBRE’s Caroline Fagerlund says no one has lived in the apartment because it was purchased for the buyer’s mother, who no longer wants to leave the family home – presumably the Nahas family’s Merrylands mansion.
Buyers are being given a guide of $6.5 million.
Meanwhile, records show the buyer of their Bellevue Hill home is Canberra developer Zhenglian Wang, a director and majority owner of Coda Property Group and TF Taofei Investment group.
The three-level residence comes with DA approval to be knocked down and rebuilt into a Blainey North-designed mansion.Credit:
The Nahas and Sahyoun sale result almost doubled the $11 million it last sold for in 2020 by freight boss Arthur Tzaneros, although it did score DA approval just three months before it was listed to be knocked down and rebuilt as a Blainey-North-designed mansion at a cost of $6.3 million.
Nikki Schofield has bought an apartment in Point Piper’s art deco Buckhurst block for $6.25 million.Credit:Mal Fairclough
Investment banker Phil Schofield and his wife Nikki, of Melbourne’s coffee and olive oil Valmorbida family, have bought a Point Piper apartment from billionaire Will Vicars.
The couple were already living in the ground-floor apartment in the art deco Buckhurst block, which no doubt would have made the $6.25 million sale from landlord to tenant all the easier. It last traded for $2.48 million in 2008.
Schofield, an executive director of investment bank Canaccord Genuity, and Nikki wed in the summer of 2016 in New York before the likes of business types like Rob Rankin, Ben Tilley and developer Robert Whyte.
North Coast property Trismegistus Farm – built by self-styled spiritual healer Serge Benhayon and his wife Miranda – is for sale for $17.995 million, discounted from $24 million a month ago.
Trismegistus Farm is set on 23 hectares thanks to a recent property consolidation.Credit:
Jaye Scanlon, of the Melbourne rich list family headed by Melbourne-based billionaire philanthropist Peter Scanlon, purchased the property from the Benhayons a year ago, and consolidated it with an adjoining property soon after to create a 23-hectare holding.
Amir Mian, of his eponymous agency, and assistant Rochelle Lamers say it last traded for $17 million, however official title records show the Benhayons pocketed $3.8 million, and the neighbouring acreage with a four-bedroom house and cottage was added for $1.25 million.
The property, named after the Egyptian god Hermes Trismegistus, is billed in the marketing as the “Land of the Gods”, and features a main six-bedroom residence, a separate caretaker’s cottage, Queenslander cottage, two swimming pools, separate recording and photographic studio, pecan orchard and stables and arena.
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