Point Piper house sells for $40m and it’s not even a waterfront
A designer home owned by the Sydney Football chairman Scott Barlow and his wife Alina has sold for about $40m — the highest price so far this year — and it’s not even on the waterfront.
Brad Pillinger of Pillinger, the sales agent for the Alec Tzannes of Tzannes Associates-designed home — a finalist in the 2017 World Architecture Awards — in Wolseley Road, Point Piper, has refused to confirm the sale of the luxury home on the 560 sqm block, though other sources have.
It’s understood the off-market deal for the four-level home that cost $3m to build was done in the past 10 days and that the Barlows are now looking for a home with a tennis court in the $20m range in the east.
Although not directly on the waterfront, the property they’ve just sold does have a right-of-way to the waterfront.
They’d bought the block of land in 2010 for $8.8m and commissioned the designer residence.
Alina is the daughter of Russian billionaire David Traktovenko and Barlow is the founder of the property development firm STRADA Group.
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The residence sits directly in front of two properties that are on the waterfront that have sold for big money recently.
These are Seven Network commercial director Bruce McWilliam’s $33m investment property at 42A Wolseley Road and a neighbouring block of land for about $27m.
There’s been speculation that the same buyer bought both waterfront properties, though this hasn’t been confirmed.
However, sources suggested it was unlikely that the same buyer bought all three properties.
There’d be no point, since the blocks don’t really link due to a driveway between them.
The beautiful Tzannes house also made it unlikely that anyone would knock it down.
The living areas of the house have views of Double Bay, the Harbour Bridge and Opera House through a double-height balcony space that also gives protection and screening from the western sun.
And a double-height library space allows northerly light deep into the building.
The sides of the building are folded to allow harbour glimpses along with privacy from the neighbours.