Firm director Charles Fairfax and his spouse, Kate have purchased their COVID-19 retreat, Balquhain at Blackheath. The historic Blue Mountains dwelling was the little used weekender of the fund supervisor Alwyn Heong and his accomplice Ian Newtown.
Whereas not one of many treasured colonial houses of the media household, Balquhain was briefly owned by Charles’s uncle John B. Fairfax for a decade from 1980, and the venue of many household tennis events.
Michael Pallier at Sotheby’s Worldwide, together with native agent Brenden Purcell, are understood to have secured larger than its preliminary $3.8 million hopes, after only a week available on the market.
The Dover Heights based mostly Fairfax noticed the commercial within the Wentworth Courier. Balquhain final offered for $2.3 million in 2011, after three years available on the market.
The heritage-listed Nineties dwelling was constructed by the grazier, Malcolm Campbell as a vacation dwelling from his base, St Helliers close to Muswellbrook.
It was then owned by the Leslie household whose origins had been again in Scotland, the place they owned the tower of Balquhain close to Aberdeen. They bequeathed the house for use as a relaxation centre for Presbyterian ministers, with the church promoting for $76,000 in 1980 to the Fairfax household who onsold it in 1990 for $675,000. Heong resides at Headingley Home, the Georgian Woollahra dwelling purchased for $13 million in 2013 from John Spender QC then making the transfer from the Rose Bay trophy dwelling Indah which Pallier secured a $27.08 million in 2015.
With retreats away from the town attracting elevated consideration as a result of pandemic, robust curiosity can be anticipated for Sentry Rock, the Hawkesbury River ranch model retreat listed by Louise Cordina, who runs Cordina Farms, and her horseman husband Glenn North.
It was constructed at Spencer by the late stockbroker Rene Rivkin in a country model after which expanded by Bob and Wendy Lapointe who paid $1.9 million in 2005.
Cordina and North paid $4.5 million in 2017 for the 4ha retreat that has $10 million plus hopes by means of Trent Iverson of Harris Iverson Actual Property. Rivkin would both fly or boat to the riverfront some 60km northwest of Sydney.