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It was hoped Glyn would fetch $12m-plus.
A Geoffrey Pie-designed waterfront on Cronin Island listed for sale for the first time in 45 years has been sold for about $3.51m. It was the first block sold on Cronin Island in Surfers Paradise when bought by the Stephenson family. The three-bedroom home plus office on 771sq m offers 20m water frontage with a jetty and deep water mooring. A sunken formal lounge and dining area offer scenic wide water views, as do the waterfront saltwater swimming pool and deck. There’s a central garden courtyard with fish ponds and lush gardens for alfresco dining. Ray White Surfers Paradise agents Sam Guo and Julia Kuo secured the sale.
Toorak shack
Corporate adviser Jane Stuchberry has sold her restored six-bedroom 1908 Toorak mansion, Glyn. It was listed with $12m-plus hopes in May. Set on 2420sq m of gardens, with a tennis court and heated pool, Glyn was been offered through Kay & Burton agents Darren Lewenberg and Ross Savas, who aren’t giving any sale details. It was designed by architect Rodney Alsop in the arts and crafts style with gabled roofs, prominent eaves and artisan features. There’s ornate timberwork with Australian native flora motifs in the Kooyong Road home, which was built for Sir Edward Miller who was a founding shareholder in BHP. It last traded at $5.1m in 2003 when bought by Stuchberry and lawyer Andrew Fairley from the recruiter Lorraine Tribe. It prior owners included Joe and Zita Gersh and Mark and Shari Read in the mid-1980s.
Enjoy Burke’s backyard
The South Yarra-bound Village Roadshow director Graham Burke has quietly sold his four bedroom St Kilda sub-penthouse. Naturally there’s a gold-class views. They capture a
180-degree aspect over Port Phillip from Brighton to the West Gate Bridge from its eighth floor location in the Esplanade complex. Burke and wife Robyn bought the apartment off the plan from developer Max Beck, and had a hand in its interiors design through Stephen Jolson Architects. The last asking price guidance was $6m-plus for the apartment, which cost $7.3m when settled in 2007. It was a collaboration between Melbourne’s highly-awarded Fender Katsalidis Architects and British-Italian minimalist architect Claudio Silvestrin and Hecker Phelan & Guthrie. Developed behind the Espy Hotel, it comes with an internal area of 538sq m, plus two terraces that take the space to 600sq m. It was thought to have sold early this year at $7m-plus but that didn’t eventuate.
Eagle Bay takes flight
Ralph Sarich, the inventive automotive engineer, and wife Patricia have sold their Eagle Bay retreat in Western Australia for $4m, having been asking $4.95m. The 2003 home sits on an
18ha holding on the Cape Naturaliste headland at the western edge of the Geographe Bay. With a bush track to Meelup Beach, the property was a productive olive grove and hardwood tree plantation. Listed through the Stocker Preston agency and William Porteous Properties International, it sold to the Gasbarri family.