Bowral’s historic slow-mover
Optus chief executive Kelly Bayer Rosmarin and her husband Rodney Rosmarin made good their Southern Highlands getaway during the COVID-19 lockdowns, but they won’t be doing so in the future after they sold the historic mansion this week for $3.95 million.
The couple listed the seven-bedroom residence, now known as “Rose Manor” in April of last year for $3.95 million, sticking to the asking price throughout the on-and-off campaign with Drew Lindsay’s Samuel Lindsay.
The Rosmarins are based in Vaucluse, where last year they traded up to the $15 million Spanish mission-style residence Vue de la Cote, and sold their former digs for $7.75 million.
Their Bowral retreat was built in 1914 as Beraldor for merchant Alfred Dakingsmith, and from 1928 to the 1950s was regarded as the country seat of corporate Sydney thanks to its ownership by Toohey’s chairman Sir Mark Sheldon.
The Rosmarins purchased it in 2009 for $2.25 million, ending what was then a more than two-year sales campaign.
Benny in the Horizon
Rugby league great Benny Elias was already a resident of the Harry Seidler-designed Horizon building when he recently decided to make his interest in the tower official by buying a two-bedder.
Records show the Balmain Tigers hooker paid $3.375 million, more than doubling the $1.58 million he traded for in 2010 when bought by Goldman Sachs’ Joe Niven.
Elias joins the likes of heiress Francesca Packer Barham, interior designer Greg Natale and Tom Uren’s widow Christine Logan as fellow strata-plan owners.
Good Greeff in Curl Curl
Brothers Ken and Frank Greeff recently finalized the $180 million sale of their majority-owned real estate campaign technology platform Realbase to Domain, and guess where they plowed a good chunk of the proceeds?
New homes, of course.
The deal by Domain (majority owned by Nine Entertainment, the owner of this newspaper) was finalized in April and included a consideration of up to $50 million dependent on financial performance targets.
A month later Realbase chief executive Frank Greeff and partner Holly Rogers set a Curl Curl record of $9.4 million for a five-bedroom house with ocean views, upgrading from a rental apartment in Queenscliff.
Ken Greeff and partner Simona Paolini kept things a tad more economical, paying $4.05 million in April for a four-bedroom house in North Curl Curl.
The Morning Edition newsletter is our guide to the day’s most important and interesting stories, analysis and insights. Sign up here.