Two-time Olympic yachtsman and former Liberal Occasion treasurer Mark Bethwaite and his spouse Jill, have spent $8 million on an Elizabeth Bay abode.
It’s within the Villa Caprera complicated overlooking Beare Park. The residence options an alfresco terrace with harbour views and has three bedrooms and two bogs.
It final traded on its 2010 completion for $6.25 million displaying 2.5 per cent annual value development.
The couple married at first of the yr on the Double Bay Crusing Membership.
Villa Caprera was constructed throughout the curtilage of Ashton — the late Victorian Italianate harbourside villa — by Craig Irwin’s Southern Cross Group.
The heritage-listed, Thomas Rowe-designed villa stood on its unique 1870s lot till 2010.
Close to-neighbour David Waterhouse has intensification plans for his harbourfront, Tresco, having not too long ago withdrawn the historic house from sale.
There’s already a one-bedroom residence above the storage, however the whisper is that he’s contemplating turning the 13-room residence into residences and popping townhouses on to its 3300sqm grounds.