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Mosman’s high-end market looks to be a dead zone, judging by the scarcity of listings for mid-spring selling season, but behind closed doors there’s been a couple of big-ticket deals on the waterfront.
Two houses on Shellbank Avenue have traded for $16 million and $18.5 million apiece through Atlas’s Michael Coombs and Adrian Bridges, although given no disclosures by the agents it was left to the paper trail to reveal details.
The Mosman house built by property industry giant Ian Hayson has sold for about $16 million.Credit: Domain
The most expensive of the two deals is likely to be a knock-down rebuild by Michelle and Anthony El-Hazouri given the latter’s expertise in the luxury development industry as co-founder with his cousin Charbel Hazzouri of property developer Revelop.
The Revelop bosses and their respective families are McMahons Point locals, owning adjoining luxury semis they built on a parcel purchased for $2.4 million in 2012, but not for long.
Hazzouri has plans to upgrade to Kurraba Point where in 2020 he paid $13.5 million for the modernist residence built by the late Morgan Ryan, business associate of late organised crime boss Abe Saffron, and has approval to demolish it to rebuild a Luigi Rosselli-designed house.
Anthony El-Hazouri (right) with his cousin and Revelop co-founder Charbel Hazzouri.Credit:
Meanwhile, two doors away from the El-Hazouri house in Mosman is the house that was built by the late property industry giant Ian Hayson and sold to the Martinez family in 1994 for $1.8 million.
Almost 30 years later the Martinezes have sold it for about $16 million to Tina Marinovic, who is also expected to partake in a renovation of the house.
Also indulging in Mosman’s most popular pastime of home improvement are the Waterhouse siblings, Tom and Kate, progeny of bookmaker Robbie Waterhouse and legendary trainer Gai Waterhouse.
Not wanting to stoke any unnecessary sibling rivalry, but little sister Kate and her husband, former rugby league player Luke Ricketson started work this week on their “alterations and additions” to the $17.8 million house they bought opposite Balmoral Beach in 2020.
Gai Waterhouse, centre) with her son Tom and daughter Kate, all of whom are home owners at Balmoral Beach.Credit: Steve Christo
But up the beach big brother Tom and his wife Hoda Vakil are stalled on the knock-down rebuild of a house they bought in 2014 for $13 million.
Despite 18 objections to the Luigi Rosselli-designed plans, it was approved last year with a few amendments, but work is pending given an appeal to the Land and Environment Court.
The Balmoral Beach house purchased by Kate Waterhouse and Luke Ricketson for $17.8 million is set for renovation.Credit: Domain
Meanwhile, work is yet to start on tech entrepreneur Robin Khuda’s $14 million dream home on Balmoral slopes, Amazon’s recently appointed Vice President Claire Peters has alterations in mind for her $9 million house near Chinamans Beach, and Blake Cottle, of FDC Constructions, wants to demolish his $14.6 million house at Balmoral Beach to rebuild to a design by Koichi Takada Architects.
Film producer and Liquid Capital director Shahen Mekertichian has made quick work of the sale of his Manly house, securing a local buyer willing to pay close to the $18 million guide ahead of next weekend’s scheduled auction.
The Fairy Bower house owned by film producer Shahen Mekertichian sold for close to $18 million.Credit: Domain
The Agency’s Jake Rowe confirmed the sale on Friday, which according to title records ends 30 years ownership by Mekertichian.
The five-bedroom house was built in 1989 on the high side of Fairy Bower, and last traded in 1993 on a Catholic Church leasehold for $927,000.
Mekertichian, whose Sunstar Entertainment was co-executive producer of acclaimed film Lion starring Nicole Kidman and Dev Patel, and his wife Sonia have already moved to Queenscliff where in 2019 they paid $6.1 million for a clifftop apartment.
No sooner did Title Deeds reveal that Rupert Murdoch’s daughter Prudence MacLeod has sold her Woollahra house for more than $17 million, than another family member is cashing in on Sydney’s property market.
The Walsh Bay apartment of Shaun O’Hare last traded in 2016 for $4.4 million.Credit: Domain
This time it is Shaun O’Hare, better known as the brother of Sarah Murdoch, who has sold his Walsh Bay harbourfront apartment for $8 million.
O’Hare, director and founder of energy supplier Eutility, purchased the three-bedroom spread on The Pier in 2016 for $4.4 million.
Here’s one for the South Sydney Rabbitohs supporters among us: two neighbouring houses long owned by the family of legendary sports administrator George Piggins and fellow former Rabbitohs rugby league player and coach Clem Kennedy go to auction on October 14.
The older of the two properties is a Federation house that was purchased by the Piggins family in 1912 for £66, and has remained in family hands for more than 110 years since.
George Piggins was in July inducted into rugby league’s Hall of Fame.Credit: Grant Trouville/NRL
Kennedy, who played for Souths in the 1930s and 40s and was later coach to Piggins and his team, purchased the post-war bungalow next door in 1955 for £3400, and it remained in family hands following his death in 2010.
“George always said if either family decides to sell, we should sell together as a development site, and as it happens things have fallen into place that we’re all ready to sell now,” said Kennedy’s son “Young Clem” Kennedy.
True to instructions, The Agency’s George Faris is marketing the houses to be sold in one line totalling 1400 square metres. There is no guide by Faris, who said houses locally sell for more than $2 million and each of these is on a generous block.
In July, Piggins, the former club chairman, was inducted into the National Rugby League Hall of Fame a quarter of a century after he led the very public campaign to have South Sydney Football Club reinstated into the NRL.
The name of the $18.5 million Mosman buyer has been updated. She is Michelle El-Hazouri, not Mishy. 
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