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Posted: 2015-01-21 05:18:00

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

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.

Tom and Hoda Waterhouse are believed to be the buyers of the Balmoral beach house. Source: News Limited

A confidentiality agreement kept selling agent Stephen Patrick of Richardson & Wrench Mosman and Neutral Bay tight lipped over the identity of the buyer at the time of the sale, instead saying that it was purchased by “a nice young family.”

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.

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

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.

AGENTS TIP TOP TIER RESULTS

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.

The four-bedroom home makes the most of its beachfront outlook. Source: Supplied

A wide wooden deck hugs the southern side of the home.

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.”

The property last sold in 1983 for $550,000, according to CoreLogic RP Data.

4 Wyargine St, Balmoral, Mosman Daily

4 Wyargine St, Balmoral, Mosman Daily Source: Supplied

4 Wyargine St, Balmoral, Mosman Daily

4 Wyargine St, Balmoral, Mosman Daily Source: Supplied

4 Wyargine St, Balmoral, Mosman Daily

4 Wyargine St, Balmoral, Mosman Daily Source: Supplied

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