550 New South Head RoadPoint Piper NSW 2027
Property Details for 550 New South Head Rd, Point Piper
Last Listing description (August 2018)
For more information email ken@kenjacobs.com.au
or visit www.elainesydney.com
Australia's most significant private estate is now one of the world's most exciting residential opportunities. The historic Sydney harbour landmark, Elaine, is offered with DA approval for four world class residences. Potential purchasers have the flexibility to consider a variety of configurations, from acquiring the entire estate through to purchasing one or more of the individual home sites.
Situated about 5kms from the city centre on 6,986sqm (1.72 acres) with approximately 43.5m frontage on Seven Shillings Beach, no comparable estate has ever been offered for purchase. Erected in 1863 in the grand Victorian mansion style, Elaine's ballroom, numerous balconies boasting stunning Sydney Harbour views, and rolling gardens have played host to a bevy of important guests across four generations of ownership by one of Australia's greatest media families.
Spanning six separate titles, the estate offers the flexibility of a magnificent family compound to potential luxury apartment development. Elaine is the priceless jewel of Sydney and the estate's attributes and deep-seated history are impossible to replicate, making this a truly unique opportunity to own a piece of Australian history - and to invest in its exciting future.
6,986sqm (1.72 acres) Waterfront in Point Piper, on 6 separate titles
DA approval for four world class residences
Owned by the one family for 4 generations, 122 years
Elaine, is the most significant residential estate to ever be sold in Australia
Likely to be the last of the great old harbour front estates that will be offered into private hands
Visit the link below to listen to an interview with Ken Jacobs on 2GB
https://www.youtube.com/watch?v=pXC-RqiP7J8
Inspection by appointment
For sale via Expressions of Interest
Property History for 550 New South Head Rd, Point Piper, NSW 2027
- 11 Feb 2014Listed for Sale Expressions of Interest
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About Point Piper 2027
The size of Point Piper is approximately 0.4 square kilometres. It has 3 parks covering nearly 0.7% of total area. The population of Point Piper in 2011 was 1,403 people. By 2016 the population was 1,412 showing a population growth of 0.6% in the area during that time. The predominant age group in Point Piper is 60-69 years. Households in Point Piper are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Point Piper work in a professional occupation. In 2011, 66.6% of the homes in Point Piper were owner-occupied compared with 66.1% in 2016.
Point Piper has 949 properties. Over the last 5 years, Houses in Point Piper have seen a 73.57% increase in median value, while Units have seen a 34.22% increase. As at 31 October 2024:
- The median value for Houses in Point Piper is $15,018,298 while the median value for Units is $2,993,599.
- Houses have a median rent of $2,700 while Units have a median rent of $1,350.
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