BOOKMAKER Tom Waterhouse has been confirmed as the buyer behind an expansive beachfront property in Balmoral late last year, paying $13 million for the home.
According to CoreLogic RP Data, the young bookmaker, who is CEO of William Hill Australia, is listed as the owner of 4 Wyargine St, Mosman, which sold for $2 million above its $11 million asking price on October 30 last year after just 17 days on the market.
![Bets are off about Waterhouse’s $11M Balmoral purchase](http://resources3.news.com.au/images/2015/01/21/1227192/143131-bdca944c-a119-11e4-a52d-c2878911d9d8.jpg)
The Balmoral Beach property reportedly bought by Tom Waterhouse. Source: Supplied
![Tom and Hoda Waterhouse are believed to be the buyers of the Balmoral beach house.](http://resources2.news.com.au/images/2015/01/21/1227192/129886-12db7500-a11a-11e4-a52d-c2878911d9d8.jpg)
Tom and Hoda Waterhouse are believed to be the buyers of the Balmoral beach house. Source: News Limited
MEDICH MANSION SELLS AFTER ALMOST 6 YEARS ON MARKET
The highest sale in Mosman for 2014 was 9 Curraghbeena Rd, which sold for $16.3 million, according to CoreLogic RP Data.
One of only five with direct beach frontage, the four-bedroom Balmoral house has spectacular views of out through the heads and all the way down the beach.
![The light-filled granite kitchen flows out to living and dining areas.](http://resources2.news.com.au/images/2015/01/21/1227192/143554-bd2aef46-a119-11e4-a52d-c2878911d9d8.jpg)
The light-filled granite kitchen flows out to living and dining areas. Source: Supplied
![Floor to ceiling windows line the open-plan living areas, maximising the property’s stunn](http://resources1.news.com.au/images/2015/01/21/1227192/143237-be6726c2-a119-11e4-a52d-c2878911d9d8.jpg)
Floor to ceiling windows line the open-plan living areas, maximising the property’s stunning outlook. Source: Supplied
Set on approximately 918sq m of elevated land and designed by architect Ian Reeler, the property maximises its enviable outlook with floor to ceiling windows that line the formal open-plan living and dining areas, which flow out to a vast wooden deck that wraps around the southern side of the home.
Inside is a spacious granite kitchen, a casual dining room and a master bedroom with an ensuite, dressing room and built-in wardrobe. Two additional bedrooms also have an ensuite bathroom.
![The four-bedroom home makes the most of its beachfront outlook.](http://resources1.news.com.au/images/2015/01/21/1227192/143265-bb486cc6-a119-11e4-a52d-c2878911d9d8.jpg)
The four-bedroom home makes the most of its beachfront outlook. Source: Supplied
![A wide wooden deck hugs the southern side of the home.](http://resources2.news.com.au/images/2015/01/21/1227192/143650-bc84bba8-a119-11e4-a52d-c2878911d9d8.jpg)
A wide wooden deck hugs the southern side of the home. Source: Supplied
It attracted a high level of interest, said Mr Patrick, despite the fact that the price guide exceeded the median house price in Mosman by $8.5 million.
“(It’s a) very unique beachfront property, it’ll only come up every 30 years or so,†said Mr Patrick.
“It’s all about the lifestyle really — out the back gate, onto your surf ski and out onto the water.â€
The property last sold in 1983 for $550,000, according to CoreLogic RP Data.
![4 Wyargine St, Balmoral, Mosman Daily](http://resources3.news.com.au/images/2015/01/21/1227192/143291-bbe2f6ce-a119-11e4-a52d-c2878911d9d8.jpg)
4 Wyargine St, Balmoral, Mosman Daily Source: Supplied
![4 Wyargine St, Balmoral, Mosman Daily](http://resources3.news.com.au/images/2015/01/21/1227192/143343-bab99c62-a119-11e4-a52d-c2878911d9d8.jpg)
4 Wyargine St, Balmoral, Mosman Daily Source: Supplied
![4 Wyargine St, Balmoral, Mosman Daily](http://resources2.news.com.au/images/2015/01/21/1227192/143730-befd708c-a119-11e4-a52d-c2878911d9d8.jpg)
4 Wyargine St, Balmoral, Mosman Daily Source: Supplied